Origin agrees new five-year €440 million credit facility

Provides financial flexibility to deliver strategic objectives, aligned with the Group's sustainability targets

Dublin, London, 17 February 2025: Origin Enterprises plc ('Origin' or the 'Company'), the international group championing sustainable land use solutions, announces the agreement of a new five-year €440 million revolving credit facility ('RCF'). The new facility represents an increase of €40 million on the existing facility and extends the facility to 31 January 2030. The facility also has the option of two further extension options of one year each and a further €100 million uncommitted loan facility. The new RCF incorporates performance targets that are aligned with Origin's sustainability strategy.

The RCF is provided by a syndicate of seven lenders including: Allied Irish Banks, Bank of China, Bank of Ireland, Citibank, HSBC, ING and Rabobank. Allied Irish Banks acted as sustainability co-ordinator and Bank of Ireland acted as agent.

The Group will announce its FY2025 First Half Results on 4 March 2025.

Colm Purcell, Chief Financial Officer, commented: "This larger facility, which now extends to 2030, provides Origin both the financial flexibility and capacity to deliver our strategic objectives, aligned with our sustainability targets. We welcome the participation of existing banking partners and new lenders in the syndicate group."

ENDS

Enquiries:

Emer Moran                              +353 1 563 4900

Company Secretary

Origin Enterprises plc