ABOUT ODINSA We are a Colombian concession company that belongs to Grupo Argos, dedicated to the structuring, promotion, management and development of roadway and airport infrastructure projects, having a presence in Colombia, Ecuador, Aruba and Dominican Republic, which has become a vehicle for regional connectivity and a source of development. ROBUST AND DIVERSIFIED LEADER IN ROADWAY AND FINANCIAL STRENGTH INFRASTRUCTURE AIRPORTS CONCESSIONS TO MANAGE PORTFOLIO OF ASSETS COMPANY OF IN COLOMBIA1 RISKS AND TO GROW AND PROJECTS GRUPO ARGOS • Strategic position, • Structural position of the • Privileged position to Balance, support and • financial strength and industry in Colombia and benefit from the standards of corporate potential growth of the deep knowledge of timely stake in profitable governance. the industry and region. assets abroad. infrastructure sector. • Proper mix of mature Counter-cyclical • • • We are Grupo Argos’ assets and projects that industry and promoter mid-term growth provide stability. of economic growth, commitment. with institutional • Assets majority stakes. structure and state support. 1 Revista Dinero (Colombian Economic Journal), 2018, leader in profits in the concessions sector.
HIGHWAYS AND AIRPORTS ROBUST PORTFOLIO ROADWAY CONCESSIONS AIRPORT CONCESSIONS Odinsa Grupo Argos Other
HIGH STANDARDS OF CORPORATE GOVERNANCE CODES Sustainability as a part of our strategy allows us to drive the generation of • Code of Good Governance shared value, that is, for our stakeholders and for the company. • Code of Business Conduct. POLICIES • We made progress in terms of balance by developing road and • Fraud, bribery and corruption risk management airport projects in balance with the policy environment and the rights of people. Self-regulation and money laundering and financing • • We left our mark by becoming allies of terrorism risk management policy of local development. Policy for relations between related companies • We took advantages of opportunities, • Data protection policy • which challenges us to learn, thus • Gifts and tokens of appreciation policy ensuring competitiveness on the market. MEDIA Solid investment makes us the best • • Transparency line option. Annual statement of potential sources of conflict of • interest
HIGHLY QUALIFIED AND COMMITTED TALENT Collaborative work as the main source of knowledge strengthening. Innovation as differentiator to leave an imprint wherever we have operations. Leadership that inspires and motivates people to achieve the major business challenges and to experience values.
OUR PROJECTS Boulevard Turístico de Atlántico Malla Vial del Meta Conexión Pacífico 2 Autopistas del Café Dominican Republic Colombia Colombia Colombia Autopistas del Nordeste Green Corridor Aeropuerto Internacional El Dorado Aeropuerto Internacional Mariscal Sucre Dominican Republic Aruba Colombia Ecuador 2 2 4 Concessions under construction Airport concessions Roadway concessions in operation Non-controlling interests in Mariscal Sucre (Quito) and El Dorado (Bogota) airports.
AUTOPISTAS DEL CAFÉ Eje Cafetero, Colombia Operated by: Autopistas del Café 270 km 2027 Length Validity
AUTOPISTAS DEL CAFÉ First generation concession, with a rating of 4.59 in a 5-scale in the evaluation of the status index of roads given on concession. General information Relevant Figures ✓ Concession with guaranteed minimum income. ✓ Beginning and end of activities: January 1999 to January 2027. Total Traffic Thousands of Vehicles ✓ Road corridor of 270.2 km. ✓ 7 toll stations, 3 customer care centers, 1 operational control 12.891 12.544 12.147 12.080 11.328 center and 1 weighing station. 10.580 9.777 ✓ The project currently has no long-term debt. ✓ Favorable ruling on the arbitration tribunal which maintains the 2012 2013 2014 2015 2016 2017 2018 term of the concession until January 2027 ✓ Reinvestment of approximately COP 100,000 million between 2019 and 2020, as a result of surplus account of the EBITDA Million of COP concession 80.351 62.491 46.788 35.228 2015 2016 2017 2018
CONEXIÓN PACÍFICO 2 Antioquia, Colombia Operated by: Concesión La Pintada 98 km 2045 Length Validity
CONEXIÓN PACÍFICO 2 During 2017, the first disbursement of the structured funding was achieved under the "project finance” mode. Currently, the w ork progress is close to 30%. The estimated date for the commissioning of all UF is October 10 of 2020. Relevant Figures General information ✓ 98Km; Construction: La Pintada - Bolombolo (44 km) and Total Traffic Thousands of Vehicles maintenance: La Pintada - Primavera (54 km). 2.617 2.498 ✓ PPP of public initiative(4G - with forecast budgets and 2.276 2.222 collecting rights). ✓ Contractual milestones: (i) Awarded May 22, 2014; (ii) Certificate of commencement: November 11, 2014. 2015 2016 2017 2018 ✓ 100% of environmental licenses approved, certificate of 120.765 non-presence of communities, 30% of the project execution. EBITDA ✓ 100% of the environmental licenses approved and certificate Million of COP of non-presence of communities 23.472 ✓ Project execution at an advance of 65% (+8% above 9.677 schedule) 307 2015 2016 2017 2018
GREEN CORRIDOR San Nicolás, Aruba Operated by: Caribbean Infrastructure Company (CIC) 34 km 2035 Length Validity
GREEN CORRIDOR Green Corridor is a roadway concession in Aruba which is currently in the operation phase after have contained the Availability Certificate in the second half of 2018. Likewise, the Project Completion Certificate was awarded in the 4Q of 2018. General information Project location ✓ Contract of DBFM (Spanish acronym that stands for design, construction, financing and maintenance) contract. ✓ Income for the road availability, there are no tolls. ✓ Awarded in July 2015. Term: 18 years from the time of road availability. ✓ 95% of progress in the construction of the project. ✓ CAPEX of USD58.05 million. ✓ Senior debt of USD58.7 million and equity of USD20.03 million. ✓ The concession holder’s obligations are as follows: ✓ Maintenance of the entire infrastructure. ✓ Control of environmental conditions and air quality. ✓ Monitoring of the quality standards of works.
BOULEVARD TURÍSTICO DEL ATLÁNTICO Samaná, República Dominicana Operated by: Boulevard Turístico del Atlántico 123,5 km 2041 Validity Length
BOULEVARD TURÍSTICO DEL ATLÁNTICO BTA is a roadway concession in the Dominican Republic that is in operation and maintenance phase. It was awarded in 2001, with second stage in 2009, and works were completed in 2011. General information Relevant figures Total traffic ✓ The investment value of the project was USD180 million. Thousands of vehicles 1.718 ✓ The road has 123.51 km, of which 104.81 km correspond to rehabilitation and 18.7 km to construction. 1.375 1.349 1.355 1.272 ✓ Guaranteed minimum income. 1.113 ✓ Financial closure with multilateral entities by USD151.1 million to 15 years. ✓ The current debt of the project is USD 92 million and ends in November 2024. 2013 2014 2015 2016 2017 2018 Project location EBITDA Million USD 29 29 27 24 2015 2016 2017 2018
AUTOPISTAS DEL NORDESTE Samaná, República Dominicana Operated by: Autopistas del Nordeste 2038 107 km Validity Length
AUTOPISTAS DEL NORDESTE ADN is a roadway concession located in the Dominican Republic that is currently in operation and maintenance phase. The scope of the contract is design, financing, construction, operation and maintenance for a term of 33 years. Relevant figures General information ✓ Contract Law, approved by the Legislative Chambers and ratified 4.348 Total Traffic by the President. Thousands of Vehicles ✓ Guaranteed minimum income. 3.906 3.754 ✓ Awarded on July 18, 2001. The works were completed on June 30, 3.515 2.959 2.754 2008. Concession will end in 2041. ✓ Contract to 30 years of operation, 107 km, 3 tolls. ✓ Financed through issuing bonds for USD 162 million, under Regulation 144-A of the US. The debt balance is USD 123 million and ends in April of 2024. 2013 2014 2015 2016 2017 2018 Project location EBITDA Million USD 50 46 26 25 2015 2016 2017 2018
MALLA VIAL DEL META Meta, Colombia Operated by: Concesión Vial de Los Llanos 2043 Validity
MALLA VIAL DEL META The project has not begun yet because of substantial changes in the traffic forecast. The arbitration court resolved the controversy on february 28. We are currently studying the decision, which can be subject to clarifications and complementarities. General information Project location ✓ PPP of Private Initiative (without government resources). ✓ Awarding April 9 2015, signing of the contract: May 5 and the certificate of commencement on June 9, 2015. ✓ Subject of the Contract: (i) Granada corridor - Villavicencio - Puerto López - Puerto Gaitán - Arimena Bridge. ii) Ring Road of Villavicencio and accesses to the city - Meta Road Network.
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