ASTM GROUP A global player in the major infrastructure sector 2 - PowerPoint PPT Presentation

ASTM GROUP A global player in the major infrastructure sector

2 ASTM GROUP PRESENTATION ASTM GROUP HIGHLIGHTS ASTM Group is a global player in the design, construction and management of major infrastructural projects . Today, the Group is the third largest operator in the management of toll motorway concessions . We connect ideas, people and goods , guaranteeing growth, safety and quality for our global stakeholders

3 ASTM GROUP PRESENTATION ASTM GROUP BUSINESS SECTORS EPC CONTRACTOR The Group's activities are focused on the following MOTORWAY sector: CONCESSIONS MANAGEMENT OF MOTORWAY CONCESSIONS EPC CONTRACTOR (Engineering, Procurement and Construction) ENGINEERING ENGINEERING TECHNOLOGY TECHNOLOGY

4 ASTM GROUP PRESENTATION ASTM GROUP Financing OUR SKILLS: INTEGRATED AND SYNERGIC COMPETENCIES GREENFIELD A global presence in the YELLOWFIELD Origination Construction infrastructure sector , with CONCESSIONS advanced financing , engineering , construction and management capabilities . With our integrated skills we create value . Management

5 ASTM GROUP PRESENTATION ASTM GROUP OUR SKILLS: ONE COMPANY ONE COMPANY An integrated business model , based on synergies , to develop business opportunities in an increasingly competitive global scenario MOTORWAY CONCESSIONS EPC CONTRACTOR ENGINEERING TECNOLOGY

6 ASTM GROUP PRESENTATION ASTM GROUP People Competence Know-How THE BASIS OF OUR OPERATE An industrial vision focused on: COMPETENCE PEOPLE KNOW-HOW Our people , our skills and our know-how are the building blocks on which our work is based every day

7 ASTM GROUP PRESENTATION ASTM GROUP GROUP STRUCTURE ASTM is controlled by Gavio Group , one of the main Italian industrial groups, owned by Aurelia - Gavio family (60%) and Ardian (40%), a world- leading private investment house.

8 ASTM GROUP PRESENTATION ASTM GROUP ~1,423 km KEY FIGURES the main motorway operator in the north-west of Italy ASTM Group , through the subsidiaries SIAS and EcoRodovias , is the third ~2,649 km largest motorway operator in the world in terms of through the joint control of EcoRodovias, kilometres managed. the Group is the second biggest motorway operator in Brazil 4,156 km managed motorway networks 84 km through its holding in Road Link (Newcastle-Carlisle section)

9 ASTM GROUP PRESENTATION ASTM GROUP € 1.7 billion € 1.2 billion KEY FIGURES ASTM revenues 2018 SIAS revenues 2018 ~ 8,400 ~ € 5 billion employees Itinera backlog 3 listed companies € 1.6 Billion (1) € 3.5 Billion (1) $R 5.4 Billion (1) Mkt Cap Mkt Cap Mkt Cap (1) data as 29/03/2019

10 ASTM GROUP PRESENTATION ASTM GROUP INTERNATIONAL PRESENCE ITALY ABU DHABI ALBANIA AUSTRIA BOTSWANA BRAZIL DENMARK DUBAI FRANCE KENYA KUWAIT OMAN PORTUGAL ROMANIA SAUDI ARABIA SOUTH AFRICA SWEDEN SWITZERLAND UNITED KINGDOM UNITED STATES

Being sustainable 11 ASTM GROUP PRESENTATION means creating value over time. A value that is shared ASTM GROUP with all of the Group’s Stakeholders. SUSTAINABILITY: CONNECTED TO TOMORROW ASTM Group has started a path of sustainability , drawing inspiration from the "Ten Principles" of the United Nations Global Compact initiative and the ISO 26000:2010 Guidelines. The Group is committed to operating in a responsible manner , integrating the key principles of sustainability into its business activities.

12 ASTM GROUP PRESENTATION “One Safety and Company” ASTM GROUP service quality OUR Sustainability VALUES Transparency People Innovation GROUP VALUES Team work Integrity Human resources development Accountability Long-term value creation for the Stakeholder

ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS SIAS ECORODOVIAS

14 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS A GLOBAL PLAYER The ASTM Group boasts a consolidated experience in the development , financing , management and maintenance of road and motorway infrastructures The Group, through its subsidiary SIAS, is the 3 rd biggest operator in the world of motorway concessions, with approximately 4,156 km of road network

SIAS is the main motorway operator in 15 ASTM GROUP PRESENTATION 1,423 km the North-West of Italy , one of the wealthiest areas in Europe, representing 13 Concessions 23% of the national grid MOTORWAY CONCESSIONS THE NETWORK MANAGED BY 2,649 km EcoRodovias , jointly controlled with CR Almeida, is the second biggest THE GROUP 10 Concessions motorway operator in Brazil Newcastle-Carlisle (A69), jointly 84 km managed with RoadLink Holding, is a 1 Concessions major Northern trunk road in the UK

16 ASTM GROUP PRESENTATION BR-135 Acquisition Secondary Market MOTORWAY CONCESSIONS 364 Km A SUCCESS MGO Acquisition Secondary Market STORY TE 437 Km Equity Subscription Primary Market RODOANEL NORTE 32 Km Tender Primary Market The Group's strategy has 48 Km always focused on ATS ECORODOVIAS operations which target Acquisition Acquisition Secondary Market growth , with a robust, Secondary Market 131 Km sustainable and 1,792 Km conservative financial profile. VESPUCIO SUR, NORORIENTE & LITORAL CENTRAL (2) AUTOVIA PADANA Acquisition Tender Secondary Market Primary Market 146 Km 112 Km COSTANERA NORTE & AMB (1) SIAS PARKING (3) Acquisition Acquisition Secondary Market Secondary Market 43 Km 11,500 parking lots 2006 2009 2012 2013 2014 2015 2016 2018 (1) Asset held with Atlantia and Mediobanca, sold in 2012 - (2) Asset held with Atlantia, sold in 2012 - (3) Asset sold in 2017

17 ASTM GROUP PRESENTATION The Group's motorway network runs along the main European infrastructural corridors , and along the strategic routes MOTORWAY CONCESSIONS identified by the European Community for THE MOTORWAY the transportation of people and goods . NETWORK IN ITAL Y SIAS The ASTM Group , through its subsidiary SIAS, is the leading motorway operator in the North-East of Italy , with around 1,423 km of road network , in one of the regions with the highest income per capita in Europe.

18 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS THE MOTORWAY NETWORK IN ITAL Y The SIAS Group motorway network in Italy is located in the North-West of the country , an area with one of the highest levels of income in Europe. It represents around 23% of the national motorway network , and constitutes an integral component of the main trans-European corridors . (TEN-T networks: the Mediterranean corridors which run south-north and east-west) Subsidiary licensees Jointly controlled entities and associated companies

19 ASTM GROUP PRESENTATION SUBSIDIARY LICENSEES MOTORWAY CONCESSIONS LICENSEE SECTION SHARE KM THE MOTORWAY A4: Turin-Milan 130.3 SATAP 99.87% A21: Turin-Piacenza 167.7 NETWORK IN A12: Sestri Levante-Livorno-Viareggio-Lucca-Fornola-La Spezia 154.9 SALT 95.18% ITAL Y A15: La Spezia-Parma 182 A5: Quincinetto-Aosta 65.09% 59.5 SAV A10: Savona-Ventimiglia 113.2 ADF 70.91% A6: Turin-Savona 130.9 ASTI-CUNEO A33: Asti-Cuneo 60.00% 90 A21: Piacenza-Brescia 51.00% 111.6 AUTOVIA PADANA JOINTLY CONTROLLED ENTITIES AND ASSOCIATED COMPANIES LICENSEE SECTION SHARE KM A4-A5: Tangenziale di Torino (Turin Ring Road) Turin-Quincinetto ATIVA 41.17% 155.8 Ivrea-Santhià Turin-Pinerolo TE A58: Tangenziale Esterna di Milano (Milan Outer Ring Road) 48.30% 32 SITRASB T2: Great St. Bernard Tunnel 36.50% 12.8 A32-T4: Frejus Tunnel 36.50% 94 SITAF Turin-Bardonecchia

20 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS THE MOTORWAY NETWORK IN ITAL Y   167.7 km 130.3 km  146 flyovers  170+ bridges crossing over state and local roads, rivers and railways A21 Piacenza - Brescia A5 Quincinetto-Aosta • 111.6 km  59.5 km • 7 stations  6 tunnels • 142 bridges and flyovers  51 bridges and 2 interconnections with • flyovers, crossing main motorways (A1, A4) one main river

21 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS THE MOTORWAY NETWORK IN   130.9 km 113.2 km   49 tunnels 67 tunnels   101 underpasses 90 viaducts ITAL Y   208 viaducts, Outdoor paving completely made of sound-absorbing 81 flyovers  42 bridges drainage material  182.0 km  154.9 km  18 tunnels  29 tunnels  99 flyovers  160 flyovers  Characterized by complex elevation profile  55 km  35 km under construction  3 tunnels  24 flyovers  10 viaducts

22 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS THE MOTORWAY NETWORK IN ITAL Y A32 Torino-Bardonecchia A58 Tangenziale Est Esterna di Milano T4 Traforo del Frejus   32.0 km 94.0 km   Effectiverationalization 9 tunnels  of commutertraffic 45 viaducts enhancingGreat Milan’s environmentalquality A4-A5 Tangenziale di Torino T2 traforo del Gran San Bernardo  155.8 km  12.8 km  2 tunnels, 3 viaducts  13 bridges, 1 overpass

23 ASTM GROUP PRESENTATION MOTORWAY CONCESSIONS THE MOTORWAY NETWORK IN BRAZIL ECORODOVIAS Via SIAS and jointly with CR Almeida, the Group controls EcoRodovias Infraestructura e Logistica SA , the second biggest motorway operator in Brazil, listed on the Brazilian stock market