[PPT] - Grupo Villar Mir Corporate Presentation November 2016 Espacio PowerPoint Presentation

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Grupo Villar Mir

Corporate Presentation

Espacio Activos Financieros

2016 11 24 Presentación GVM Nov 16 (English-EUR)

November 2016

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1. General Overview of Grupo Villar

Agenda

4. Description of the Main Activites
3. The R&D&i activities in Grupo Villar Mir
2. Grupo Villar Mir International Activities

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1. General Overview of Grupo Villar Mir

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Grupo Villar Mir

Grupo Villar Mir is one of the largest privately owned Spanish

industrial groups, with a very important international presence and a diversified portfolio of activities.

Positioned 18th “Actualidad Económica” Turnover Ranking in

2015 among all Spanish companies.

The largest and most significant subsidiary of Grupo Villar Mir is

Obrascón Huarte Lain (OHL), one of the biggest construction and concessions corporations in the world, in which the Group is voluntarily limited to own 50.1 % of the shares . . .

. . . and the Group also has an important presence in several
ther industrial sectors and countries, besides OHL.

This presentation is about Grupo Villar Mir as a whole, not only Obrascón Huarte Lain (OHL)

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FAMILY-OWNED: 100% owned by its founder (Mr. Juan-Miguel Villar Mir)

and his three sons. Founded in 1987.

INDEPENDENT: No shares are held by any other institution, either financial or
f any other nature.
INDUSTRIAL:
Basic industrial sectors, construction, concessions, real estate and services.
Long-term action criteria. No sales of companies.
DIVERSIFIED
DECENTRALIZED:
No Group constraints: each company is fully responsible for its Balance

Sheet and Income Statement.

The Group is designed as the sum of individual companies with their own

entity and great autonomy. Very reduced corporate structure.

INTERNATIONAL: Production presence in 38 countries on 5 continents.
Ongoing activities in R&D&i.

Group Highlights

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Group Structure

DIVISIONAL structure, with full autonomy and no group constrains

99,8% 100% 100%

OHL Concesiones

100%

OHL Industrial

100%

FERTIBERIA GRUPO FERROGLOBE

OHL

Espacio Activos Financieros

Ferroven FerroPEM Ferroatlantica Ferroatlántica, I+D Cuarzos Industriales PACADAR MOTHERCARE IBÉRICA 57% 100% 99.8% 80% 51.96% 100% 100% 100% 67% RAMSA

VM Energía

100% Comercial subsidiaries Quimica del Estroncio

FERTIAL

100% 66%

Adubos de Portugal

100%

Promociones y Propiedades Inmobiliarias Espacio,

Centro Canalejas Madrid

Developement subsidiaries 100% 65% OHL Construcción 100% OHL Servicios 100%

ESPACIO INFORMATION TECHNOLOGY

Grupo VILLAR MIR

Enérgya VM

100% 100% 56.9%

OHL Mexico

100% 6.9% 35%

OHL Desarrollos

100%

Inmobiliaria Colonial

7.9%

Abertis Hidro Nitro SamQuarz

100%

Grupo Ferroatlántica

Alden Resources Core Globe Metallurgical Globe Metals Silicium Quebec

Globe Specialty Metals

FerroSolar Silicon Smelters 100% 100% 100% 100% 100% 100% Silicon Technology

ELECTROMETALLURGY DIVISION FERTILIZERS AND BASIC CHEMISTRY DIVISION CONCESSIONS AND CONSTRUCTION FINANCIAL ASSETS DIVISION OTHER ENERGY DIVISION REAL ESTATE DIVISION

100%

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90% 10% 77% 23% 60% 40% 84% 16% 77% 23%

OHL vs. Rest of Grupo Villar Mir (Dec 31st 2015)

OHL has represented approximately 60% of Grupo Villar Mir in terms of sales, 84% in EBITDA and 90% of the net profit until December 31st 2015

EUR 7,254M EUR 1,120M EUR 60M 33,617 employees EUR 13,327M

SALES

Rest of

GVM

EBITDA

Rest of

GVM

NET INCOME

Rest of

GVM

EMPLOYEES FIXED ASSETS

Rest of

GVM

Rest of

GVM

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Group History

LONG TERM VISION

July 1987

Acquisition of Inmobiliaria Espacio, S.A. and Obrascón S.A. to Altos Hornos de Vizcaya (AHV), S.A.

July 1991

IPO of Obrascón, S.A. in the Madrid Stock Exchange

December 1992

Acquisition of Ferroatlántica, S.L. to Carburos Metálicos, S.A. (Air Products)

March 1995

Acquisition of Fesa/Fertiberia to Ercros/Freeport Mc Moran

January 1996

Acquisition of Cuarzos industriales, S.A. to Cimpor (Portugal)

May 1996

Take-over Bid for 100% capital of Hidro Nitro Española, S.A.
Acquisition of Elsan, S.A. to private investors

December 1996

Take-over Bid for 100% of Sefanitro, S.A.

January 1997

Acquisition of Sato, S.A. to private investors

June 1998

Acquisition of Huarte and take-over by Obrascón (Obrascón Huarte, S.A.)

July 1998

Acquisition of Pacadar, S.A. to private investors

December 1998

Acquisition of 80% of Ferroven, S.A. to the State of Venezuela through a Public Auction.

May 1999

Take-over of Lain, S.A. by Obrascón Huarte S.A. (OHL, S.A.)

July 2000

Acquisition of 67% of Rocas, Arcillas y Minerales, S.A. (RAMSA) to the ELKEM Group (Norway)

May 2005

Acquisition of 100% of Pechiney Électrométallurgie to ALCAN, (Canada)

August 2005

Acquisition of 66% of Fertial, Spa (ammonia y fertilizers of Algeria) from the State of Algeria

December 2006

Majority shareholding reached in OHL Group

December 2007

Start of operation of Torre Espacio Castellana

January 2008

Acquisition of Rand Carbide PLC (Ferrosilicium factory), in the Rep. of South Africa

April 2009

Acquisition of 100% of Adubos de Portugal
Incorporation of Ferrosolar

November 2010

Adquisition of 100% of Céntrica, S.L. (today Energya VM)
Acquisition of Sinice Silicon Industries (Silicon Metal factory), in the Rep of China (Yunnan)

July 2012

Acquisition of Sam Quarz (quartz mine in South Africa)

December 2012

Acquisition of 15% of Abertis
Acquisition of 7 buildings in Madrid "Canalejas Madrid Centro"

March 2013

Acquisition of 4% of Abertis

August 2013

Beginning previous work "Canalejas Madrid Centro"

January 2014

Adquisition of 24.5% of Inmobiliaria Colonial

December 2015

Merger of Grupo Ferroatlántica & Globe Specialty Metals

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FOUNDER (1987), PRESIDENT, CHAIRMAN and OWNER of Grupo Villar Mir

Doctorate in Civil Engineering; Graduate in Law; Diploma in Industrial Management; Degree from the

Economic Development Institute (Washington, D.C.).

Vice-President of the Spanish Government and Minister of the Treasury Department during the first

Government of the King Juan Carlos I (1976).

Former Executive Chairman at several companies (Hidro-Nitro, Carbonífera del Sur, Altos Hornos de

Vizcaya, Altos Hornos del Mediterráneo, Empresa Nacional de Celulosas, Electra de Viesgo y Puerto Sotogrande).

Former Head Professor of Business Organization at the Madrid Polytechnic University (Civil Engineering

School).

Member of French “Légion d’Honneur”.
Permanent Member of the Royal Academy of Engineering.
Permanent Member of the Royal Academy of Social and Political Sciences.
Honorary Member of the Royal Academy of Doctors.
Former Chairman and Honor Member of the Spanish National Association of Civil Engineers.
Honor Member of the Spanish Engineering Institute.
Author of numerous educational books, papers and conferences.
First Marquis of Villar Mir “for his distinguished and extensive services career to Spain and its Crown”.

(February 2011).

Mr. Juan-Miguel Villar Mir

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Group Principles

INTEGRITY, HONESTY and ETHICS

in all aspects of the business.

Satisfaction through:
working passionately,
with vocation for leadership,
with

capacity to refloat and consolidate companies under financial difficulties,

with

spirit to surpass expectations and continuous improvement,

with long-term criteria,
encouraging individual initiatives,
with maximum delegation, and
rewards

granted according to results.

Responsible loyalty towards:
clients,
employees,
the community, and
shareholders.
Commitment to:
quality,
safety,
the environment and
best

practices in corporate governance.

Maximum self-financing and profitability
as an objective, and
as a means to achieve:

– financial strength policy – with ambitious investments.

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Main Figures 2015 (EUR M)

(1) Before OHL minority interests. (2) After minority interests at Fertial.

EUR M 15-14 EUR M 15-14 EUR M 15-14 EUR M 15-14 EUR M 15-14 EUR M 15-14

TURNOVER

1,186.2

+7.5%

711.4

+15%

980.7

(6.6%)

114.2

+52%

4,368.9

+17%

7,254.5

+12%

EBITDA

96.8

(36%)

9.2

(17%)

44.9

(63%)

(7.7)

n.d.

967.0

(10%)

1,119.8

(17%)

EBIT

36.4

(61%)

8.6

(18%)

2.8

(96%)

14.8

+76%

684.8

+12%

753.2

(4.0%)

EBT

(7.7)

n.d.

23.7

+112%

(4.4)

n.d.

49.3

(39%)

434.0

+6.1%

462.5

(20%)

NET INCOME

(39.0)

n.d.

17.4

+125%

(3.0)

n.d.

53.2

(33%)

55.6

+140%

83.2

(14%)

CASH FLOW

7.7

(90%)

18.0

+117%

34.3

(63%)

31.5

(62%)

540.8

(17%)

624.9

(26%)

NET attributable INCOME

(39.0)

n.d.

17.4

+125%

(3.0)

n.d.

53.2

(33%)

32.7

+141%

60.2

(31%)

GRUPO VILLAR MIR

Consolidated

Real Estate Division Concessions and Construction Ferroglobe Fertilizers Division Villar Mir Energía

(2) (1) (2) (1) (2) (1)

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Sales and EBITDA breakdown by activity 2015 SALES EBITDA

Total = EUR 1,120M Total = EUR 7,254M

Source: Grupo Villar Mir. Note: Sales breakdown excludes intergroup sales.

Enginering & Construction 53% Concessions 6% Developements 2% Ferroglobe 16% VM Energía 8% Fertilizers 14% Real Estate 1% Enginering & Construction 12% Concessions 73% Developements 1% Ferroglobe 8% VM Energía 1% Fertilizers 4% Real Estate

1%

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Balance Sheet as of Dec 31st, 2015 (EUR M)

Dec, 15 15 vs 14 Dec, 15 15 vs 14 Dec, 15 15 vs 14 Dec, 15 15 vs 14 Dec, 15 15 vs 14 Dec, 15 15 vs 14 Dec, 15 15 vs 14

Non Financial Fixed Assets 1,419 944 2 (1) 444 (0) 443 (413) 2,512 +478 8,373 (468) 10,885 +10 Investment In Group Co.

2

+2 312 (104) 2,126 +493 1,668 +111 2,004 +53 Other Financial Fixed Assets 9 (2) 35 22 40 (26) 6 +3 426 +135 194 +82 620 +219

Fixed Assets 1,428

+942

37

+20

487

(24)

761

(514)

5,064

+1,107

10,235

(275)

13,508

+282

Inventories

391

+29

4

+0

285

+25

334

(54)

1,020

+4

219

(15)

1,238

(11)

Debtors

280

+21

134

(29)

257

(30)

160

(3)

903

+11

3,414

+1,005

4,208

+960

Cash and Cash Equivalents

111

+75

5

(18)

160

(20)

15

(5)

350

+24

1,421

+344

1,771

+367

Current Assets 782

+124

144

(47)

701

(25)

508

(62)

2,273

+38

5,054

+1,334

7,217

+1,317

TOTAL ASSETS 2,210

+1,066

181

(27)

1,188

(49)

1,269

(576)

7,337

+1,145

15,289

+1,059

20,725

+1,599

Shareholders Equity

1,059

+656

52

+7

319

(40)

619

(283)

2,705

+204

3,047

+926

2,705

+204

Minority Interest

130

+115

77

(15)

16

+1

686

+563

1,765

+393

3,707

+1,331

Total Equity 1,189

+771

52

+7

396

(56)

634

(283)

3,390

+766

4,812

+1,319

6,411

+1,534

Recourse Bank facilities

288

(4)

140

(50)

93

+27

1,415

+232

977

+52

2,393

+284

Non Recourse Bank facilities

5

(211)

104

(180)

3,755

(582)

3,859

(762)

Other Liabilities

280

+186

3

(3)

92

+4

284

(20)

737

+361

1,851

+64

2,545

+403

Long Term Liabilities 568

+182

3

(3)

232

(46)

382

(204)

2,256

+413

6,583

(465)

8,796

(75)

Recourse Bank facilities

180

+49

17

+15

199

+31

80

(49)

740

(81)

279

(304)

1,019

(385)

Non Recourse Bank facilities

78

(21)

77

(22)

446

(441)

524

(463)

Trade Payables

137

+8

79

(33)

309

+44

11

(7)

556

+7

1,804

+109

2,360

+116

Other Liabilities

136

+55

30

(12)

52

(22)

84

(12)

317

+63

1,364

+841

1,615

+872

Short Term Liabilities 452

+113

125

(31)

560

+53

253

(90)

1,690

(34)

3,894

+205

5,518

+139

TOTAL EQUITY AND LIABILITIES 2,210

+1,066

181

(27)

1,188

(49)

1,269

(576)

7,337

+1,145

15,289

+1,059

20,725

+1,599

GRUPO VILLAR MIR

Consolidated

Ferroglobe Villar Mir Energía Fertilizers Division Real Estate Division GRUPO VILLAR MIR Ex-OHL Concessions and Construction

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1995-2015 Group Evolution

Note: 1995 was the first year to reach sales of 500 MM€.

1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

TURNOVER (EUR) M

CAGR +14%

250 500 750 1,000 1,250 1,500 1,750 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

EBITDA (EUR M)

CAGR +15%

200 400 600 800 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

NET INCOME (EUR M)

CAGR +6%

5,000 10,000 15,000 20,000 25,000 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

TOTAL ASSETS (EUR M)

CAGR +16%

500 1,000 1,500 2,000 2,500 3,000 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

GVM EQUITY (EUR M)

CAGR +16%

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

NUMBER OF EMPLOYEES

CAGR +12%

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

The search for opportunities for growth in countries with good structural conditions for fertilizer production or with agricultural markets with strong potential

Acquisition/interests in manganese and quartz mines and reducing agents in

Africa and South America.

Development of silicon metal and ferroalloy production plants to consolidate the

company's presence around the world and its leadership in the silicon metal sector.

Silicio FerroSolar launches photovoltaic-solar-quality silicon metal manufactured

using electrometallurgy procedures onto the market.



Development of the Canalejas Project and the search for opportunities for growth in the rental property market.



Construction 3 new hydroelectric plants in Xallas river (Spain).



Construction of one or more wind farms in Spain



Concessions. Presence in Mexico, Spain, Chile, Peru and Colombia; and

interest in new regions such as USA and Canada



Constructions. Relevant presence in 8 Home Markets: Spain, Central & Eastern

Europe, USA, Canada, Mexico, Colombia, Peru and Chile



Industrial. Design and construction of large turn-key industrial plants

Main future activities 2016-2020

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2. Grupo Villar Mir International Activities

Increasing INTERNATIONALIZATION is the FIRST PRIORITY for GRUPO VILLAR MIR

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Grupo Villar Mir International presence

38 countries with permanent presence

13 in America

Argentina
Aruba
Canada
Chile
Colombia
Guatemala
Honduras
México
Panamá
Peru
United States
Uruguay
Venezuela

13 in Europe

Bosnia y Herzegovina
Croacia
Czech Republic
France
Germany
Moldova
Poland
Romania
Slovenia
Slovakia
Spain
United Kingdom

9 in Asia

China
Jordan
Kazakhstan
Kuwait
Oman
Qatar
Saudi Arabia
Turkey
Vietnam

2 in Africa

Algeria
South Africa

1 in Oceania

Australia

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18 31% 69% 34% 66% 17% 83% 6% 94%

Grupo Villar Mir International profile (Dec 31st 2015)

The Group’s activities outside Spain currently represent the most important part in almost all the parameters

Spain Rest of the world

SALES

Spain Rest of the world

EMPLOYEES

Spain Rest of the world

FIXED ASSETS

Spain Rest of the world

EBITDA

OHL* = 65% OHL* = 89% OHL* = 83% OHL* = 98%

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31% 24% 45%

RoW European Union (UE) US

Grupo Villar Mir International Sales 2015

% of international sales International sales breakdown

Total = 4,992 MM EUR

In 2015, 69% of Group sales made outside Spain

By Activity By Country of Destination

19% 8% 64% 7% 2%

Fertilizers Services Construction Electrometallurgy Concesions

77% 40% 1% 88% 45% 83% 69% 0% 20% 40% 60% 80% 100%

FERROGLOBE FERTILIZERS VM ENERGY OTHER GVM without OHL OHL Group GVM with OHL

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The majority of the employees (66%) work outside Spain

Breakdown by Country

Grupo Villar Mir Employees (Dec 31st 2015)

11,539 employees in Spain

1000 2000 3000 4000 5000

Mexico Chile Peru US Czech Rep Algeria France South Africa Colombia Saudi Arabia Qatar Portugal Venezuela China Canada Slovakia Argentina Poland Bulgary RoW Outside Spain

Num. %

Electrometallurgy 4.463 3.590

80%

Energy 183 2

1,1%

Fertilizers 2.599 1.569

60%

Real Estate 97

0,0%

25.978 16.898

65%

Other 297 19

6,4%

GRUPO VILLAR MIR 33.617 22.078

66%

Number of Employees Construction, Concessions & Services

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SALES FIXED ASSETS EMPLOYEES

Internationalization evolution

% International activities over total GVM

Note: Each of the charts represents the weight of the international activities in each parameter (sales, fix assets and employees) over the hole GVM.

0% 10% 20% 30% 40% 50% 60% 70% 80% 04 05 06 07 08 09 10 11 12 13 14 15 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 04 05 06 07 08 09 10 11 12 13 14 15 0% 10% 20% 30% 40% 50% 60% 70% 80% 04 05 06 07 08 09 10 11 12 13 14 15

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3. The R&D&i activities in Grupo Villar Mir

R&D&i ACTIVITIES, together with INTERNATIONALIZATION, are the two main benchmarks of development at GRUPO VILLAR MIR

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Grupo Villar Mir R&D&I (I)

Development of specific NPK fertilizers for special kinds of

crops. Currently working on 5 agreements with Universities and R&D Centers.

World technology leader in fertilizers through INCRO (50%).
Advice in Spain to 10,000 agricultural farms each year.
Creating a new agriculture in Algeria.
Production of strontium nitrate for liquid crystal displays. (QSr).
4 patents obtained, 5 innovation prizes obtained, a Torres Quevedo

grant, a García Cabrerizo prize and “Academiae Dilecta” award.

Three CDTI projects currently in course that have originated nine

contracts with Universities .

Main developments for silicon metal industry: ELSA electrode and

continuous copper casting machine.

The main project under development is FERROSOLAR focused on the

production

f

photovoltaic solar quality Silicon metal using electrometallurgical procedures.

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Grupo Villar Mir R&D&I (II)

Pacadar is the leading company in the pre-cast concrete sector for

public works in Spain and it is constantly on the technological cutting edge of developments in this area. (Hyper static solutions, application

f microsilica in high resistance concrete, etc…).
Relevant projects:
OASIS: Design of future high ways with high security levels,

service and sustainability.

Teodolitos Torre Espacio: New system to control building

movements with remote controlled topographic systems.

CLEAM: Knowledge generation for sustainable linear transport

infrastructures.

Cubípodo: Research on a more efficient new element for dike

construction.

Diques

de Abrigo Flotantes II. Design and construction technical assistance for a new floating dike.

Reducción de lodos. Lower operation costs for the sludge

treatment plants.

SATOGrab.

Design

f

a recovery and transfer device for harbour’s breakwater blocks.

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4. Description of the Main Activities
Electrometallurgy
Energy Generation
Fertilizers & Basic Chemicals
Real Estate
Infrastructure Concessions
Construction
Social Services Facilities

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Electrometallurgy

23 factories in 8 countries (Spain 5, France 6, South

Africa 3, USA 5, Argentina 1, Canada 1, Venezuela 1 and China 1).

Leading worldwide producer of SILICON METAL.
Leading FERROALLOYS producer worldwide.
68 furnaces with 1,484 MW of installed capacity.
Production approx. 1,3 million TPY.
Main productions:
Si Metal

420,000 TPY

SiMn

254,000 TPY

FeMn

213,000 TPY

FeSi

363,000 TPY

Microsilica

291,000 TPY

The Group has an important technological capacity in
ne of the sectors that raises the most expectations,

such as silicon metal even photovoltaic quality.

The Group owns outstanding quality quartz mines in

Spain, Venezuela, USA, Canada and South Africa.

Sabón (Spain) silicon metal production plant Puerto Ordaz (Venezuela) ferroalloys production plant

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Energy

Generation:
Largest independent Spanish producer of hydroelectric

energy.

14 hydraulic plants in Spain and France.
7 on the Jallas and Grande rivers (Galicia).
5 on the Cinca and Esera rivers (Aragón).
2 in the Pyrenees and the Alps (France)
Total Installed capacity of 210 MW.
2 reservoir dams in Spain (120 million m3).
Average annual production of 600 Million KWh.
Gas and electricity trading:
3,200 Million KWh supply (17,559 sites).
2,845 MW representation.
Leader managing the Interconnection between Spain and

France.

Projects under developement:
Project “ENERGAS”. Construction of a regasification plant

with a capacity up to 4/6 BCM and two combined cycles (CCGT’s) in Huelva (Spain).

Fervenza (Spain) generation plant Santa Eugenia (I+ II) (Spain) generation plants

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Fertilizers and Basic Chemicals

10

factories in 3 countries (Spain 5, Portugal 3 and Algeria 2).

Leading FERTILIZER and AMMONIA producer in the

Mediterranean basin and the European Union.

Recently acquired 100% of CUF Adubos de Portugal,
wner of all the Portuguese fertilizers industry.
Main productions:
Nitric Acid

1,466,000 TPY

Ammonia

1,530,000 TPY

NPK

833,250 TPY

Urea

385,000 TPY

Nitrogen solutions

699,000 TPY

Nitrates

1,938,250 TPY

Super phosphates

576,000 TPY

Owns 50% of INCRO, a world class technology licensor,

specialized in fertilizer production technology.

Arzew (Algeria) ammonia and fertilizers production plants Sagunto (Spain) fertilizers production plant

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

Inmobiliaria Espacio is one of the leading high quality Real Estate developers in Spain, with strong presence in Madrid, Costa del Sol, Levante and Majorca.



Reference partner (7.9%)

f

Inmobiliaria Colonial, one of the European leaders in office rental.



It has developed and constructed one of the tallest buildings in Spain, Torre Espacio (235 m high) in the Four Towers Business Area (Madrid, Spain), where the headquarters of the Group and main companies are located.



Has developed and constructed One of the tallest condominium buildings in Texas is under development: The Austonian (250 m high).

Real Estate Division

Torre Espacio (Madrid, Spain) The Austonian (Austin, Tx, EE.UU.)

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Canalejas (Madrid, Spain). High-quality mixed-use development, covering seven historic buildings in Madrid’s city center The intended project will clearly constitute one of Europe’s main luxury destination points, offering Spain’s best hotel, premium residences, an exclusive shopping area and parking lot

Centro Canalejas Madrid

Residences 30 units (7,000 m2) Hotel 220 rooms (27,000 m2) Shopping Center (16,000 m2) Parking Lot (20,000 m2)

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31

OHL GROUP

OHL is one of the largest international concession and

construction groups

It boasts more than one hundred years' experience and

has significant operations in 30 countries across all five continents

The OHL Group is presently:
World leader in hospital and railway construction,
Ranked 31stamong the 225 largest international

contractors(1)

Ranked 6thcontractor in Latin America
Reference partner (6.9 %) of Abertis, the world

leader in transport infrastructure concessions

ANKARA-ISTANBUL HIGH-SPEED RAIL LINE. TURKEY. BICENTENNIAL VIADUCT. MEXICO.

(1) Ranking Engineering News Record (ENR) 2014

REY JUAN CARLOS I HOSPITAL. MADRID. SPAIN.

SLIDE 32

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CONCESSIONS

OHL Concesiones is a strategic player in the international market

for joint public-private collaboration projects, with broad accumulated experience in the financing, construction and

peration of transport infrastructures
It is the OHL Group's main line of business, responsible of 12 % of

its Turnover and 80 % of its EBITDA

Full financial independence from the OHL Group
Reference partner of Abertis, with a 6.9 % stake

ACTIVITY AREAS

Highways: 950 km under concession in 13 toll highways (7 in

Mexico, 2 in Spain, 2 Chile, 1 in Peru and 1 in Colombia)

Ports: 64.2 hectares and 3,265 meters of berthing line, (2

commercial ports in Spain and 1 in Chile)

Airports: integrated management of airport, complementary and

commercial services in Toluca International Airport (Mexico)

Railways: 37 km of railway, (1 in Spain)

OHL CONCESIONES IN THE OHL GROUP. EBITDA CONTRIBUTION

NORTHERN URBAN TOLL ROAD. MEXICO.

20 % 80 %

OHL Group OHL Concesiones

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CONSTRUCTION

AIRPORTLINK METRORAIL. FLORIDA. USA. MOHAMED BENAHMED CONVENTION CENTRE.

ORAN. ALGERIA.

ANKARA-ISTANBUL HIGH-SPEED RAIL LINE. TURKEY.

MAIN CONTRACTS RAIL INFRASTRUCTURES

Mecca-Medina High-Speed Rail Line, 450 km (Saudi Arabia)
Ankara-Istanbul High-Speed Rail Line, Inönü-Esenkent section, 206 km (Turkey)
Modernization of Nové Mesto Nad Váhom-Zlatovce railway, 17.5 km (Slovak Republic)
Extension of Toronto Subway, 8.6 km (Canada)
Medellin tram, 4.3 km (Colombia)
Airportlink. Enlargement of the Miami’s above-ground subway to the airport, 3.8 km (USA)
Desing and construction of Musheireb and Education City subway stations. Doha (Qatar)
EPC Ski (Follo Line project), 3.5 km (Norway)

ROADS

Network No. 4, 170 km (Peru)
Mexiquense Beltway, 155 km (Mexico)
Rehabilitation of the R1 National Road, 44.2 km and construction of the Ungheni Ring

Road (R1), 8.3 km (Moldova)

Peak Downs road reconstruction in Queensland, 44 km (Australia)
Bicentennial Viaduct, 32 km (Mexico)
Algiers ring road, 32 km (Algeria)
SR 826/836 Miami Highway Interchange, 25 km (USA)
Da Nang-Quang Ngai A7 Highway and Hai Phong Highway, 16 km (Vietnam)
Jamal Abdul Nasser Viaduct, 11 km (Kuwait)
Urban Highway in Gdansk, 5 km (Polonia)
Development in the Quebrada Doña María sides of a 1.7 km road section (Colombia)

UNIQUE BUILDINGS

Sidra Medical and Research Centre: 5 buildings, 378,000 m2, Doha (Qatar)
CHUM Hospital in Montreal. Total surface area 332,652 m2, (Canada)
Oran Convention Centre total built surface area 138,000 m2, Algeria)
Torre Espacio, OHL Group’s Head Office, Madrid (Spain)

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34 MAIN CONTRACTS

CLEANING

Lines 8 and 10 of the Madrid subway and lines 1,4,5,9 y 11 of the Barcelona subway (Spain)
Transports de Barcelona bus network (Spain)
Barcelona, Seville and Alicante airports (Spain)
Runways of the Barcelona airport (Spain)
Bellvitge (Barcelona), C.H.U. (A Coruña) and Doctor Josep Trueta (Girona) hospitals (Spain)
Primary health care centers of the Instituto Catalán de la Salut (ICS) (Spain)
University of Barcelona (UB) and Polytechnical University of Madrid (UPM) (Spain)

MAINTENANCE AND ENERGY SERVICES

La Princesa (Madrid) and Clinic (Barcelona) hospitals (Spain)
Spanish Parliament. Madrid (Spain)
Court buildings in Galicia, Asturias, Castilla-La Mancha and Castilla y León (Spain)
Alto Guadalquivir hospitals (Spain)
Renfe Integria buildings and infrastructures (Spain)
Integral building maintenance service of the Santa Justa railway station. Seville (Spain)
Alicante and Málaga-Costa del Sol airports (Spain)
Centro de Especialidades Hermanos García Noblejas and Centro de Salud Mental Chamartin (Spain)

SOCIAL AND HEALD SERVICES

Home care in A Coruña, Jerez de la Frontera, Tarrasa and Fuenlabrada
Management of assisted living flats of the Barcelona Council
Health management of the Infanta Leonor and Sureste de Madrid hospitals

COMPLETE MANAGEMENT OF BUILDINGS AND INSTALLATIONS

Municipal districts of Moncloa-Aravaca, Chamberí, Puente de Vallecas and Hortaleza (Madrid)

URBAN SERVICES

Management of public cleaning services and conservation of public and green areas (Unit 4), Madrid

(Spain)

Maintenance of green areas in Jerez de La Frontera, Cádiz (Spain)
Maintenance of green areas in Torrejón de Ardoz, Madrid (Spain)
Maintenance of green areas in the Rey Juan Carlos University campus, Madrid (Spain)

SERVICES

OHL Servicios, the group division that specializes in technical maintenance, cleaning, energy efficiency management and social and health care

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OHL Industrial, a division of the Group responsible for the engineering and construction of major turnkey industrial projects.Currently, it has offices in Abu Dhabi, Oman, Jordan, Mexico, Guatemala, Peru, Chile and Uruguay. The cornerstones of OHL Industrial's strategy are technology and internationalization MAIN CONTRACTS

INDUSTRIAL

NGL FRACTIONATION PLAN. PISCO. PERU. 50 MW,THERMOSOLAR PLANT

ARENALES. SEVILLE. SPAIN.

Oil & Gas

Strategic Reserve Terminal for Petroleum Products. Amman (Jordan)
Condensate recovery maximization (Oman)
Hydrogen plant. Cadereyta Jiménez (Mexico)
NGL fractionation plant. Pisco (Peru)
Hydrocarbon storage terminal. Algeciras (Spain)
Pumping station. Degollado (Mexico)
Sulphur solidification plant. Coatzacoalcos (Mexico)
Engineering and project management services for Los Ramones 2 North and South pipeline (Mexico)

Energy

Two 60 MW cogeneration power plants. Coatzacoalcos (Mexico)
35 MW Cogeneration power plant. Refinery Francisco I. Madero (Mexico)
770 MW Empalme I combined cycle power plant. Sonora (Mexico)
30 MW Thermosolar power plant. Calasparra (Spain)
50 MW Biomass plant. San Juan del Puerto (Spain)
50 MW Arenales Thermosolar power plant. Morón de la Frontera (Spain)
Xacbal Delta 55 MW Hydroelectric power plant. Chanjul, Quiché (Guatemala)
65 MW Photovoltaic power plant. Salto (Uruguay)

Mining & Cement

Clinker transportation line 18 km (Vietnam)
Operation and maintenance of rhyolite crushing plant (Chile)
Clinker storage facility & alternative fuels installation (Honduras)
Crusher plant, acid treatment for copper mineral. Calama (Chile)
Overland conveyor 5.2 km. Cerro de Pasco (Peru)
Supply of equipment: granulating and drying drums (Saudi Arabia)

Fire-fighting protection

2,000 MW combined cycle power plant. Mesaieed (Qatar)
Supplies for nuclear power plant in Almaraz. Cáceres (Spain)
Combined cycle thermal power plants: Kureymat III, Tebbin, Nubaria I and II, Cairo North I and II

(Egypt)

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DEVELOPMENT

OHL Desarrollos was created as an autonomous business line within the OHL Group whose purpose is the development of projects related to the tourist sector PROJECT PORFOLIO Mayakoba (Riviera Maya, Mexico). World-class luxury beach resort. Phase one of this project (250 ha) includes 5 luxury hotels, 3 of which are already open. Andaz Hotel (Hyatt's luxury branch) and Fairmont Heritage project are currently at development stage. It includes El Camaleón Golf Club, where took place the first PGA Tour Event celebrated outside the USA or Canada. The second phase (400 ha) is currently being launched

Hotel Operator Nº de unidades Opening Fairmont 401 + (60 villas) 2006 Rosewood 128 + (40 villas) 2007 Banyan Tree 132 2009 Andaz (Hyatt) 213 2015

The hotels in the Mayakoba complex have received the AAA Five Diamond Award, the highest rating in the hotel sector worldwide. Ulysses and Sustainable Standard Setter prizes awarded by WTO and Rainforest Alliance.

BANYAN TREE HOTEL. RIVIERA MAYA. MEXICO.

MAYAKOBA. RIVIERA MAYA. MEXICO.

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DEVELOPMENT

Old War Office (London, United Kingdom). Restoration and renovation of the Old War Office to accommodate a five-star hotel and exclusive apartments. It will also have rooms for private events, a spa and a gym. The renovation plans foresee a new open-plan access to the

building. The building former headquarters of Sir

Winston Churchill’s offices, was constructed between the early XX century and the outbreak of the First World War

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Torre Espacio Paseo de la Castellana, 259 D 28046 Madrid (SPAIN)

Tel. +34 91 556 7347