Morgan Stanley & Morgan Stanley — Morgan Stanley Investment Management

Morgan Stanley: Morgan Stanley, through its infrastructure arm, is acquiring OVO Energy, expanding its infrastructure portfolio. The deal is expected to close in H2 2026.

Morgan Stanley — Morgan Stanley Investment Management: The investment management division is facilitating the acquisition via its infrastructure platform, MSIP.

Morgan Stanley: Parent company of MSIM and MSIP; benefits from the investment management fees and strategic expansion.

Morgan Stanley — Morgan Stanley Investment Management: Manages the funds through MSIP; the acquisition aligns with its infrastructure investment strategy.

Morgan Stanley: Parent company of MSREI; the acquisition adds to its real estate portfolio, supporting its investment management business.

Morgan Stanley — Morgan Stanley Investment Management: Manages the funds that acquired the portfolio; the deal aligns with its strategy in real assets.

Morgan Stanley: Morgan Stanley>>> is the entity subject to the notification obligation, reporting changes in its total voting rights in Bilfinger>>> through direct shares and various financial instruments. This reflects its investment strategy and holdings.

Morgan Stanley — Morgan Stanley Investment Management: Morgan Stanley — Morgan Stanley Investment Management>>> is part of the full chain of controlled undertakings under Morgan Stanley>>> that indirectly holds an interest in Bilfinger>>>.