CORPORATE PRESENTATION WE ARE THE CONCESSIONS COMPANY OF ABOUT We promote, structure, develop and manage road and airport infrastructure projects. We generate strategic connections to contribute to the regions’ competitiveness and bring people closer. This is possible by keeping the following attributes in mind: We create connections that boost competitiveness and

generate opportunities Long term vision of the future Financial strength

Backing by Sustainability Grupo Argos Solid and Financial diversified Backing by strength Sustainability portfolio Grupo Argos

Participation in high Strategic position, Generation of shared High Corporate impact projects in financial strength and value for society and the Governance Latin America in-depth knowledge of company with projects standards in line with the business as well as which have been the Business Group. the region, which makes developed Adequate mix of us a competitive conscientiously and in Backing by a business assets in different organization in the market balance with the group with over 80 years stages environment and of history. communities as to leave Origination of a positive footprint infrastructure projects High Corporate CODES Governance and Corporate Governance Code SUSTAINABILITY Sustainability Code of Business standards Conduct We advance our projects in balance with the environment and people’s rights.

POLICIES We leave our footprint as allies Policy for the management of to the local and regional We generate fraud, bribery and corruption development. shared value and Policy for auto-control and risk We always seize opportunities to learn. manage our management of money laundering and financing of business terrorism Solid investment. responsibly, Relationship policy between following good related companies practices in Data protection policy Corporate Policy for gifts and Governance and favors Sustainability

CHANNELS OF COMMUNICATION Transparency line Annual declaration of potential sources with conflict of interest Our portfolio

AIRPORT ROAD ROAD CONCESSIONS 2 CONCESSIONS 7 CONCESSIONS 1 1 5 PRE- CONSTRUCTION OPERATION AND CONSTRUCTION MAINTENANCE Green Corridor, Aruba

AIRPORT Autopistas del Boulevard Turístico del Atlántico, Nordeste, República CONCESSIONS República Dominicana Dominicana

Autopistas del Café,

El Dorado, Colombia Mariscal Sucre, Ecuador

Not controlled participation in the Mariscal Sucre (Quito) neither El Dorado (Bogota) airports. Malla Vial del Meta, Túnel Aburrá Colombia Conexión Pacífco 2, Colombia Oriente, Colombia 1 2 We are present in 4 countries

DOMINICAN REPUBLIC ROAD CONCESSIONS ROAD 1. Highways of the Northeast 2. Touristic Boulevard of the ARUBA CONCESSIONS Atlántico ROAD CONCESSIONS Green Corridor AKF ADN BTA COLOMBIA ROAD CONCESSIONS 1. Highways del Café 60% 68% 68% 2. Connection Pacífco 2 3. Road network of the Meta 4. Concession Aburrá Oriente tunnel

AIRPORT CONCESSIONS 6 Pacífco 2 Aburrá Oriente tunnel Road Network of the Meta Green Corridor 5. International Airport El Dorado

IP 6. IP New airport in Cartagena 79% 53% 51% 100% 7. IP Perimeter of the Sabana 8. IP Bogota airport system 9. IP Airfield 4

1 7 2 5 8 9 3 AIRPORT CONCESSIONS ECUADOR AIRPORT CONCESSIONS International Airport Mariscal Sucre Opain Quiport Odinsa Grupo Argos 35% 47% Others 30% A talented team

TOTAL CO-WORKERS Teamwork as a main source for the consolidation of knowledge. 1.946

Innovation as a differentiator 6.295 to leave our footprint where we have operations. 4.349

Leadership that inspires and Direct Indirect motivates the achievement of big entrepreneurial Odinsa: Airports: Roads: challenges and the experience of values. 91 2.976 3.552 Featured figures

ANNUAL TRAFFIC ANNUAL PASSENGER 4 countries OF VEHICLES TRAFFIC in operation 37,7 40 million million passengers in 2019 103,231 965.000 per day tons of cargo

ROAD AIRPORT 7 CONCESSIONS 2 CONCESSIONS CO-WORKERS CO-WORKERS

846 1.991 Direct Direct Indirect Indirect 3.552 2.976

1.561 2.130 COLOMBIA 797 km in operation Our values and behaviors ODINSA CULTUR

We always We are the We advance We leave a learn best option in balance footprint

I am a student. I work impeccably. I take care of my physical, I am always service minded. I assume responsibility. I am competent and profitable. mental and emotional balance. I work today facing the future. I generate trust.

We are humble We are adaptable We are punctual We are committed

We are curious We are digital We are respectful We are autonomous

We are ethical We are efficient Behaviors Odinsa and concessions in 2019

CONFIDENCE WORKS Successful placement of bonds in the international market: Work on the expansion of the passenger terminal of the Mariscal Sucre Airport has begun with an investment of USD 60 million. Mariscal Sucre issued USD 400 million El Dorado placed USD 415 million and has a BBB qualification by Fitch Ratings. ADVANCES Highways del Café optimized its capital structure through a debt of COP 250k mm The works of the Otrosí 20 in Highways del Café proceed, and the Otrosí 22 has been signed, which will count with an investment of COP 22.000 million to continue promoting connectivity in the Coffee Region.

SUSTAINABILITY EFFICIENCY Odinsa’s first voluntary participation in the Dow Jones Sustainability Index in Positive advance of the Pacífco 2 works ahead of schedule, with construction which it ranks 10th out of 33 companies. milestones such as the Mulatos tunnel breakthrough and the reception of the UF1 by the National Infrastructure Agency (ANI as per its Spanish acronym). GROWTH Acquisition of a 53% stake in the Aburrá Oriente tunnel concession, which COMMITMENT strengthens the company’s portfolio and its presence in Colombia. The Mariscal Sucre airport has become the first international airport in Latin America with a Carbon neutral footprint, and El Dorado has been granted with the Level 2 Reduction certification by the Airport Carbon Accreditation program (ACA). COMPLIANCE The concessionaire Opain closes the expansion and modernization stage of the El Dorado airport, according to the work schedule and contract specifications, with an COMPETITIVENESS investment of COP 2,6 billion Four private initiatives in feasibility stage: new airport in Cartagena, Bogotá Airpot´s Airfield System and Perimeter of the Sabana. CURRENT PROJECTS CHARACTERISTICS Location: Bogota, Colombia EL DORADO Operated by: Opain 2027 CONCESSION END AIRPORT DATE RELEVANT FIGURES International Domestic Total passengers per year 32,7 35 Millions of passengers 30,0 31,0 30,9 27,4 25,0 22,5 11,1 11,4 9,2 9,8 10,4 8,4 7,6 6,7

15,8 17,4 19,1 20,8 21,3 20,6 21,6 23,8

2012 2013 2014 2015 2016 2017 2018 2019

370.480 EBITDA 344.467 281.108 Millions in COP 265.121

217.693

2015 2016 2017 2018 2019 IN GENERAL El Dorado Airport

On the first quarter of 2017 Grupo Argos completed the purchase of 30% Directly 35%

AIRLINES

In December of 24 6 21 the extension of approximately 50.000 additional international domestic cargo 2017 square meters of terminal was inaugurated, of which 22.000 are restaurants and VIP lounges. USD 415 million placed as bonds with a BBB qualification by Fitch Ratings

DESTINATIONS 2 223.700m of constructed terminal area. 46 42 international domestic

In 2019 connected approximately 35 million passengers. LOCATION placed successfully Bogota / Colombia In 2019 USD415 million in bonds in the international market El Dorado Airport in the last year Started a technical transformation program: installation of self check-in kiosks; HIGHLIGHTS biometric gates at emigration (iris identification); information screens; 1 3 automatic pre-security doors; Airport Collaborative Decision- In 2019, the official Received recognition Making system is 7 closure of the for: Zero Waste Gold ongoing, that provides expansion and Certification and information for decision Closed the year with modernization stage Level 2 Airport making and processes, 269 commercial was carried out with an Carbon as well as users’ times premises and some investment equivalent Accreditation. optimization. to COP 2,6 billion. 165 brands.

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5 Opened seven new Counts with a 10.369 routes: Ranks first in cargo solar panel energy Munich (Germany), volume in Latin rd system that generation Santa Cruz de la Sierra America and 3 in approximately 12% of (Bolivia), Barcelona passenger traffic. the terminal’s power. (Venezuela), Maracaibo (Venezuela), Valencia (Venezuela), Porlamar / Isla Margarita (Venezuela) and 2 Asunción (Paraguay). 6 Location: Quito, Ecuador Operated by: Corporación 2041 Quiport S.A. CONCESSION END MARISCAL DATE RELEVANT FIGURES SUCRE International Total passengers per year Domestic AIRPORT Millions of passengers 5,4 5,6 5,3 5,4 4,9 4,9 5,2 5,1 2,3 1,8 2,1 2,4 2,1 2,2 2,4 2,4

3,5 3,4 3,3 3,0 2,7 2,6 2,8 2,7

2012 2013 2014 2015 2016 2017 2018 2019

EBITDA Millions in USD 120 116 107 106 111

2015 2016 2017 2018 2019 IN GENERAL Mariscal Sucre

AIRLINES Airport 14 2 243.700 passengers cargo tons of cargo per year Strong domestic origin-destination travel USD 400 market. million issued as bonds with a BBB qualification by Fitch Ratings

In December of DESTINATIONS Odinsa acquired 46,5% of the company owning 93% of 2015 the shares of the Mariscal Sucre de Quito (UIO), Ecuador 11 16 concessionaire. international domestic

LOCATION placed successfully Quito / Ecuador In 2019 USD 400 million in bonds in the international market Mariscal Sucre Airport in the last year

Has started the expansion works of the passenger terminal, HIGHLIGHTS which will count with a usable area of 16.000 square meters, with an investment of USD 60 2 million. Once the work is completed, the terminal will increase by 35% in Has become the first areas such as departure international airport to lounges, public arrivals achieve a carbon and departures halls, a neutral footprint in migration area, as well as Latin America. customs and baggage claim halls.

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Incorporated one 4 domestic and four Rewards: Skytrax Best new international Regional Airport in South airlines in addition to America and Best Airport expanding the offer of Staff in South America. routes to 4 international and 5 domestic destinations.

1 Location: Coffee Region, Colombia 270 KM Operated by: Autopistas del Café 2027 HIGHWAYS YEAR OF DEL CAFÉ LENTGH COMPLETION VEHICLES RELEVANT FIGURES Average per day 33.801 *in 2019 Total traffic

Thousands of vehicles 12.891 12.147 12.544 12.080 12.330 11.328 10.580 9.777

2012 2013 2014 2015 2016 2017 2018 2019

EBITDA 80.351 Millions in COP 62.491 63.997 46.788 35.228

2015 2016 2017 2018 2019 IN GENERAL

Highways

THE PROJECT del Café 256 5 Kilometers of roadways Pedestrian bridges First generation concession with 63.7 Guaranteed Minimum Income (GMI). Kilometers of two-lane roadways

Bridge In the last years, the yield of the concession has Helical + tunnel exceededexceeded the the IMG GMI.. 4 Overpasses at critical points of the trajectory Capital structure optimized in 2019 with a long- term credit of COP 250k million. COP 250.000 million in support by the investment bank New debt to optimize capital structure

toll customer service LOCATION 7stations 4 centers Risaralda, Quindío, Caldas, Cauca Valley / Colombia

operational weighing 1control center 1 station Highways del Café in the last year

HIGHLIGHTS

3

Reforested 25 hectares Signed the Otrosí 22, by planting 27.500 trees with the aim to and so protect the Río 1 develop new works Quindío source and an investment of COP 22.000 million, The concession and thus enhancing advanced the work on connectivity and the Otrosí number 20, mobility in the Coffee such as the El Jazmín Region. 5 intersection between 4 Risaralda and Caldas, the pedestrian bridge El Rosario and the Postobón bridge in Prepares the Dosquebradas. construction of a Highways del Café provide tourists and residents wastewater treatment of the region an experience of closeness through plant in Pereira, as the customer service centers called Tambos. well as 250 individual Highways del Café, UTP and the Risaralda septic systems in Governance created together with local artists the Manizales, Pereira, biggest bird mural in the region. Santa Rosa, Circasia, Salento and Filandia. It counts with a mobile app that provides real time information on the state of roads, services and maintenance.

2 Location: Antioquia, Colombia 96,5 KM Operated by : Concession La Pintada 2043 CONNECTION YEAR OF PACÍFICO 2 LENGTH COMPLETION VEHICLES RELEVANT FIGURES average per day 7.150 *in 2019 Total traffic Thousands of vehicles 2.617 2.498 2.276 2.591 2.222

2015 2016 2017 2018 2019

177.997 EBITDA 120.765 Millions in COP

23.472

9.677

307

2015 2016 2017 2018 2019 IN GENERAL Connection

THE PROJECT Pacífico 2 1 Double tube tunnel of 2,5 kilometers APP (with futures in pesos and dollars and different 44 4G Public collection modes) with mitigated traffic risk Bridges Initiative 40,2 Kilometers of new roadways: 3.1 km single lane Construction stretch: Operation and maintenance stretch: + 37.1 km double lane La Pintada – Bolombolo La Pintada - Primavera 54 (44 km) (54 km) Kilometers of restored roads

Some contractual milestones: i) Adjudicated on 22 May 2014; ii) Initiation act: 11 November 2014; iii) delivery of the UF1 on 9 April 2019

LOCATION The construction stage is expected to be completed by the end of Antioquia, Coffee Region, Cauca Valley and the Pacífico / Colombia 2020 Connection Pacífico

HIGHLIGHTS

3 1 Successful delivery of the Functional Unit 5 on On 26 March 2019, the 16 January 2017 and the breakthrough of the Work progress has UF1 in April 2019. Mulatos tunnel was been faster than achieved. planned by the ANI. It First 4G project to concluded in 2019 deliver a functional with an 81,15% unit. advance. 5 4

The financial closing was carried out in 100% of the environmental licenses were approved. September 2016 with an amount of 250 million dollars and an amount of 510.000 million pesos. Implementation phase of the Wildlife Crossings, In 2017, the first disbursement of installation of cameras traps for the the financing was achieved. identification of species. In 2018, the project was given the Best Loan In alliance with Celsia and the Grupo Argos award by LatinFinance for its successful Foundation, more than 240.000 trees have been financing process. planted for the protection of the Cartama river. Planting of 1.000 trees in tourist eco park Los Farallones de La Pintada.

2 Location: San Nicolás, Aruba 34 KM Operated by: Caribbean 2035 GREEN LENGTH Infrastructure Company (CIC) YEAR OF COMPLETION CORRIDOR RELEVANT FIGURES

INCOME EBITDA NET PROFIT

2.0

1.4 0.5

-0,1 -0,7

-1,8

2018 2019 2018 2019 2018 2019 IN GENERAL GREEN CORRIDOR THE PROJECT 34 kilometers DBFM Contract (Design, Build, Finance and Maintain) of an urban road 3 in Aruba. roundabouts

Project in 1 maintenance stage two-lane bridge

1 Payment by the Government of Aruba four-lane bridge subject to compliance with road availability indicators. So far, all availability payments have been received without penalty. 6.1 kilometers of bike paths Financial closing of USD58,7million and Equity of USD20,03 million LOCATION Aruba GREEN CORRIDOR

HIGHLIGHTS

Participated in the Beach Clean Up where more than two tons of waste were removed from the seabed, as well as an important campaign on road awareness.

It is currently in the maintenance phase after being granted the Availability Certificate in the second quarter of 2018.

Held the ISO 9000-2015 certification for maintenance activities.

The main milestone of the project’s management has been the consolidation of the maintenance activities which comply with the DBFM requirements (Design, Build, Finance, Maintain) in terms of the availability requirements. Location: Samaná, 107km 2038 Operated by: Autopistas YEAR OF COMPLETION HIGHWAYS LENGTH del Nordeste

OF THE VEHICLES average per day NORTHEAST RELEVANT FIGURES 13.638 *in 2019 TOTAL TRAFFIC 4.971 4.348 Thousands of vehicles 3.906 3.754 3.515 2.754 2.959

2013 2014 2015 2016 2017 2018 2019

EBITDA 52,2 46 Millions in USD 50

26 25

2015 2016 2017 2018 2019 IN GENERAL THE PROJECT Union Contract approved by the 107 Legislative Chambers and ratified by the President kilometers of roadways that cross the country in a south-north direction and Guaranteed minimum income. connect with the Touristic Boulevard del Atlántico 44 30 year operation contract, 107 km, 3 toll stations. kilometers of roadways with re-leveling berms Financed through USD162 million, bond issues over under US Regulation 144-A.

First payment of dividends idem for USD13 million.

LOCATION HIGHLIGHTS Dominican Republic Contributes to social development and growth of the northeast of the country.

In 2019, obtained the recertification of its ISO 9001 management program by Bureau Veritas, which guarantees the quality of its processes.

Reconditioned 35 kilometers of roads with asphalt binder and 65 kilometers of micro pavement, a new technology introduced to the country by the concessionaire.

Started the construction of the new bridge Nagua 1, as well as the rehabilitation of the Nagua 2 and Matancitas bridges.

Generated 480 jobs after substantial maintenance. Location: Samaná, Dominican Republic 123,5 km Operated by: Boulevard 2038 TOURISTIC LENGTH Turístico del Atlántico YEAR OF COMPLETION

BOULEVARD VEHICLES average per day 5.600 *in 2019 DEL ATLÁNTICO RELEVANT FIGURES TOTAL TRAFFIC Thousands of vehicles 2.671

1.718 1.375 1.272 1.355 1.349 1.113

2013 2014 2015 2016 2017 2018 2019

EBITDA Millions in USD

29 29 24 27 27,8

2015 2016 2017 2018 2019 IN GENERAL

THE PROJECT TOURISTIC BOULEVARD 123,5 DEL ATLÁNTICO kilometers of roadways

Launched in 2009 and completed in 2011.

LOCATION Dominican Republic The project had an investment of USD 180million.

Has a guaranteed minimum income ROAD NETWORK Location: Meta, Colombia Operated by: Concesión Vial 2045 de Los Llanos YEAR OF OF THE META COMPLETION

VEHICLES RELEVANT FIGURES average per day 18.740 *in 2019 INCOME EBITDA NET PROFIT TRAFFIC Millions of vehicles/year

41.997

39.824 6,84

-1.695 -1.920 -1.577 -2.782 6,64

2018 2019 2018 2019 2018 2019 2018 2019 Variation: -8% IN GENERAL

In February 2019, the Arbitration Court resolved through award and decided on the controversy between the Concesión Vial de los THE PROJECT Llanos (Los Llanos Road Concession) and the National Infrastructure Agency (Agencia Nacional de Infraestructura, ANI), which was involved with the execution of the concession contract 19 of the Road Network of the Meta project, and invited both parties to upgraded bridges renegotiate the fundamentals of the contract. 18.763 reflective studs installed HIGHLIGHTS In November 2019, the Otrosí 7 was signed with the goal to make contractual adjustments 362.018 that would allow the parties to advance in the meters of lines painted discussions towards a potential agreement. Meanwhile, the concession has complied with LOCATION the service levels and indicators required by Meta / Colombia the contract in operational activities and the pre-construction maintenance phase. Location: Antioquia, Colombia ABURRÁ ORIENTE 60 km Operated by: Concesión Túnel 2039 Aburrá Oriente YEAR OF COMPLETION TUNNEL LENGTH RELEVANT FIGURES 20.818 24.410 average per day average per day VEHICLES *in 2018 *in 2019

TRAFFIC INCOME Millions of vehicles/year EBITDA

NET PROFIT

453.471.471

226.182.056 7,6 8,9

40.605.814 25.360.624 4.160.226 1.889.848

2018 2019 2018 2019 2018 2019 2018 2019 Variation: 17% IN GENERAL

THE PROJECT In October 2019, we acquired the controlling interest of the Aburrá Oriente tunnel concession, in other words, 53% of the 0,78 shares. kilometers Seminario tunnel It includes works such as tunnels, viaducts, road interchanges, and is the main access to the International Airport José María 8,2 Córdova. kilometers Santa Elena tunnel 12 HIGHLIGHTS viaducts equivalent to 2,5 kilometers The longest operating tunnel in Latin America. 3,4 Kilometers of open-air roadways

LOCATION Aburrá Oriente / Colombia Contact

Pablo Arroyave Fernández Financial VP [email protected]

Nicolás Valencia Posada Financial planning and treasury manager [email protected]

Autopistas del Nordeste