RNS Number : 4664N

Obrascon Huarte Lain, S.A.

20 May 2020

London Stock Exchange

Madrid, 20^th May 2020

Ref.: Change in point eleven of the AGM agenda

Dear Sirs,

The Company, OBRASCON HUARTE LAIN, S.A. (OHL), in compliance with current legislation, hereby reports the following:

INSIDE INFORMATION

In relation with the announcement published on 10 May 2020 calling the General Shareholders' Meeting and, in particular, in relation with the resolution proposal set out under point eleven of the agenda, the Company informs that the Board of Directors has agreed that, given the volatility observed in the market and the uncertainties generated among investors, in case approved, it will limit the use of the delegation of the authority to raise capital requested to the General Shareholders' Meeting to capital increases (with or without pre-emptive rights) which represent a maximum of 20% of the current share capital of the Company.

Yours faithfully,

José María del Cuvillo Pemán

Secretary of the Board of Directors

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