September 2016

1 Index

Company overview True experts in the leisure industry Growth strategy Our management services - projects Responsibility Our team Contact

2 Company overview

3 Company overview

One of the Largest operator of Animal Parks in Europe and second in the world leading and fastest-growing Largest Water Park operator worldwide leisure park Most active acquirer of Theme Parks in Europe and USA operators in the Strong development of management service projects world Company Overview

Leisure park operators by no. of visitors in 2014, million  One of the 3 truly global operators 150 134

 Reported revenues of €605.5m and 100 63 40 EBITDA of €194.8m in FY 2015 50 28 26 23 22 20 19 15 0 Leadership  #2 European Leisure Park Operator(1) (2)

 #8 Leisure Park Operator Worldwide(1)

Global North America Asia  #1 Water Park Operator Worldwide(2) Source: AECOM Global Attraction attendance report 2014

European portfolio (35 parks)(3) - 60% of revenue US portfolio (22 parks) - 40% of revenue

Vietnam %CAGR: +12% Global platform of Argentina 57 parks in 14 countries

Notes 1. Source: Inferred from AECOM’s 2014 global attractions attendance report based on attendance Theme Parks Animal Parks Water Parks Other 2. Source: Parques Reunidos; does not include 1.1m coming from FECs (Family Entertainment Centres) 3. Includes two parks in Dubai , two in Vietnam and one park in Argentina which are managed from Europe 5 Company overview

57 parks in 14 countries throughout numerous regions

6 True experts in the leisure industry

7 True experts in the leisure industry

Parques Reunidos manages every type of park across all segments in 14 countries around the world. We have strong brands covering the four key market segments

8 True experts in the leisure industry

Operations and Operation of fully-owned parks Consultancy for park Operation of third-party parks developers Consultancy for park developers

9 True experts in the leisure industry

5 Segments of parks

10 True experts in the leisure industry

THEME and AMUSEMENT PARKS (14 parks)

ZOOS (5 parks)

MARINE LIFE PARKS (7 parks)

WATER PARKS (20 parks)

OTHER BUSINESS: (5 FEC, 2 Cable cars)

UNDER CONSTRUCTION : DUBAI & VIETNAM (2 theme parks in Dubai; 1 theme park and 1 water park in Vietnam) 11

Growth strategy

12 Growth strategy

Provide unforgettable moments of fun and entertainment for all our guests, offering unique, enriching, innovative, creative and safe Our vision experiences. Spread happiness throughout our social environment by contributing to our employees’ personal and professional development. Generate increased value for our investors.

13 Growth strategy

Guests are at the heart of what we do as we strive to become the preferred leisure option for families

14 Growth strategy

Customers Focused on 4 Partners target groups Employees Shareholders

15 Growth strategy

Optimising our existing assets 2 Growth axis Expanding our business

16 Growth strategy - Optimising our existing assets OUR FORMULA FOR SUCCESS

1. Safety 2. 10. Brand Quality Optimising our & Story

9. 3. existing assets People Product

through Profitable innovation across 8. Operational 4. IPs our offerings Expertise

7. 5. Digital 6. Novelty Commu- nication

17 Growth strategy - Expanding our business

Acquisition of parks with high growth potential and management contracts

18 Management services

19 Management services

Parques Reunidos is the best choice in terms of size, capacity, flexibility and expertise for investors and financial institutions seeking to develop new leisure parks. Parques Reunidos offers developers a wide range of valuable services in the various design and construction phases of greenfield projects to build new leisure parks, from consulting services during the preliminary phase to the design, construction, business management and operation of the parks themselves. Parques Reunidos has a highly experienced management team with a proven track record throughout the organisation.

20 Management services

By leveraging our expertise, recognition and prestige as a leading company in the Leisure Park industry, we provide credibility and great confidence for investors and financial institutions in obtaining increased returns for their investments. We achieve the best margins in the industry across all regions and types of parks.

Our involvement significantly increases the chances of successfully financing new projects.

We are experts in the procurement of attractions/animals, due to our purchasing power and profound knowledge and understanding of all suppliers.

21 Management services

Parques Reunidos offers developers a wide range of valuable services throughout the various phases of greenfield projects for new leisure parks and MEC.

Procurement of Preliminary Design Attractions and Pre - Opening Operation Phase Animals

Evaluation of Review of the Technical definition of Coordination of all Integration of the project & schematic the attractions the necessary work, the park into overall concept design from an Procurement both for the the Parques of the park operational management and opening of the park Reunidos certification and safety and for the operational perspective Drafting of manuals selection and structure training of the Support on installation and certification management team

22

Management services – Our Projects

23 Management services

24 Dubai Projects

Parques Reunidos has signed an agreement with a Dubai-based developer, to manage two new parks: MotiongateTM Dubai and Bollywood ParksTM Dubai. Both are scheduled to open in 2016 and expected to receive 4 million visitors per year. Parques Reunidos is already providing advisory services to the developers during the project development and pre-opening phase. Based on a management contract, Parques Reunidos will be in charge of the running of the parks once open.

25 Vietnam Projects

Parques Reunidos has signed an agreement with a Vietnam-based developer, to advise on the design and the pre-opening of two new parks: Theme Park and Water Park in Ha Long Bay. Both are scheduled to open in 2017 and expected to receive more than 2 million visitors annually. Parques Reunidos is already providing advisory services to the developers during the project development and pre-opening phases.

26 China Projects

Parques Reunidos has signed an agreement with a China-based developer to advise on Park concept definition and feasibility studies for the opening of new resorts in the main Chinese cities.

Parques Reunidos will be the operator of the resorts when they open.

27 Waterworld

Since 2011 and under a management contract, Parques Reunidos has operated Waterworld , Nothern California’s biggest and best waterpark experience. The park is owned by CNL and is located less than 30 minutes east of .

28 Oceanogràfic

The Oceanogràfic of the City of Arts and Sciences of Valencia (Spain) represents the largest in Europe and contains specimens from all of the world’s main marine ecosystems. Each building is identified with the following aquatic environments: the Mediterranean, Wetlands, Temperate and Tropical Seas, Oceans, the Antarctic, the Arctic, Islands and the Red Sea, as well as a 10.5 metre-deep holding 24 million litres of water. Due to its animal collection and avant-garde architecture, the Oceanogràfic represents a first-class park, operating successfully from opening in 2003 until 2015, thanks to management by Parques Reunidos.

Paramount Park

Paramount Park at Alhama de Murcia (Spain) was conceived as a comprehensive entertainment and leisure offering based on the combination of a Paramount Theme Park and the Lifestyle Center leisure complex. Ultimately the project stalled due to lack of funding, however Parques Reunidos advised the developers on the design in close collaboration with Paramount.

29 Mall Entertainment Centres

30 Mall Entertainment Centres

Parques Reunidos offers its services to developers, investors and owners of Shopping Centres on the design, construction and management of new parks within malls (Mall Entertainment Centres). We have developed four concepts of attractions for Malls:

SPLISH SPLASH JUNGLE/ MARINELAND NICKELODEONLAND SEAQUARIUM INDOOR RAINFOREST WATERPARK

31 Seaquarium

An interactive journey through wild seas, coral reefs and underwater caves Visitors experience encounters with underwater life and gain a deeper appreciation of aquatic habitats

Key Features Main level areas (3,025 m2): Area 6,000 sqm 1. Amazon River Visitor Capacity 1,500 5 Required 2. Caribbean Beach €13m Investment 3. Coral Reef Main Attractions • Coral Reef Experience 4 4. Atrium • Shark Experience 3 • Penguin Encounter 5. Penguin Encounter • Big Main Tank • Touch pools The Seaquarium will also • Interactions and have a theatre (event space), pavilions 2 a café, a gift shop and many Close encounter with the penguins interactive and visual spaces 1

Coral Reef 8 Upper level areas (1,975 m2): 9 Acrylic shark 6. VIP Diving Experience 6 7. Interaction with keepers 7 8. The “Bubble Forest” 9. Touch Pool 32 Jungle Park

Jungle Parks are home to a wide variety of animal species and wild vegetation. An environment to raise awareness, educate and entertain through animal shows

Key Features Main level areas (3,640 m2): Area 5,000 sqm 4 1. Maloca orientation Visitor Capacity 1,500

Required 5 2. Rainforest Water- €13m Investment 3 Everywhere Space Main Attractions • Mangrove Sea 3. Habitats within Habitats • Lemur Interaction 2 • Otter Habitat 4. River meets the Sea • Jungle Trail • Interactions and 5. Canopy Climber pavilions • Tropical birds The Jungle Park will also have 1 Jungle Trail a Theatre, an event space, a café, a gift shop and many interactive and visual spaces

6 7 8 Mangrove Sea Upper level areas (1,348 m2): Lemur Interaction 6. Leafcutter and Lemur Treehouse 7. Suspension Bridge 8. Overhead Obstacle Course 33 Nickelodeon Family Entertainment

Center A content-rich site enabling children to interact with their favourite shows, games and competitions in a trusted environment

Key Features Area 5,000-7500 sqm Main Level Highlights 2 Visitor Capacity (7,500 m ): 1,000-1,200 1. Playground Required €8m 2. Mini Tea Cups Investment 3. Mini Go-Around Main • Mini Drop Tower Attractions • Playground 4. Magic Bikes • Mini rides and Attractions 5. Coaster • 4D Cinema 6. 4D cinema • Photo Call • Dark Ride The Nickelodeon Family Entertainment Center will also have a restaurant, Nickelodeon‘s strong international IPs café, events space and a shop

34 Water Park

An appealing water park concept for the entire family, offering rides, wave- pools and relaxing spa/resort style entertainment for adults and activity pools for kids Key Features

Area 6,000 sqm Main Level Highlights (6,000 Visitor 1,700 2 Capacity m ):

Required 1. Wave Pool €10m Investment 2. Lazy River Main • Wave Pool 3. Waterfall Attractions • Spa Area • Slides and loops 4 4. Family Raft Ride • Lazy River 3 • Children’s area The Water Park will also have • F&B / Events a dining deck, themed food 2 and beverage, swim up bar Wave Pool 1 and spas.

Lazy River

35 Our team

36 Our team

A highly experienced management team throughout the Group, with an outstanding, extensive track record

PEDRO ISIDORO JUAN CORTÉS DIEZ BARABOLLA Chief Strategy Chief Senior VP, & Business Financial Strategic Development Officer Planning & Officer Investor Relations

FERNANDO EIROA, CEO. With over DAVID 12 years’ experience in the industry, ROLF ESCUDERO PAEGERT previously served as President and Chief Chief Chief Executive Officer of Palace Operating Operating Entertainment, a fully-owned U.S. Officer EMEA Officer US subsidiary of Parques Reunidos

37 Contact

PARQUES REUNIDOS SERVICIOS CENTRALES S.A. Casa de Campo S/N 28011 Madrid Spain +34 91 526 97 00

www.parquesreunidos.com Disclaimer

DISCLAIMER. RISKS AND FORWARD-LOOKING STATEMENTS

This document has been prepared by Parques Reunidos Servicios Centrales, S.A. (the “Company”) for information purposes only, does not constitute regulated information or information which has been subject to prior registration or control on the part of any regulator. This document is neither a prospectus nor implies a bid or recommendation for investment. This document includes summarised audited and non-audited information. The financial and operational information, as well as the data on the acquisitions which have been performed, included in the presentation, correspond to the internal recordings and accounting of the Company. Such information may be subject to audit, limited review or any other control by an auditor or an independent third party. Therefore, this information may be modified or amended at a future time.

The information contained herein has been obtained from sources that the Company considers reliable, however the Company neither represents nor warrants that said information is complete or accurate, in particular with respect to data provided by third parties. Neither the Company nor the legal advisors and representatives thereof assure the completeness, impartiality or accuracy of the information or opinions included herein. In addition, the foregoing do not assume liability of any nature, whether for misconduct or negligence, with regard to damages or losses that may derive from the use of this document or contents thereof. The internal analysis has not been subject to independent verification.

This document may include forward-looking representations or statements regarding purposes, expectations or forecasts of the Company or management thereof up to the date of release. Said forward-looking representations and statements or forecasts represent mere value judgments on the part of the Company and do not imply undertakings with regard to future performance. Additionally, they are subject to risks, uncertainties and other factors, which were unknown or not taken into account at the time this document was produced and released and which may cause such actual results, performance or achievements to vary materially from those expressed or implied by said forward-looking statements. Neither the Company nor any of the legal advisors or representatives thereof assume liability of any nature for any possible deviations that may arise with regard to forward-looking estimates, forecasts or projections used herein.

Under no circumstances does the Company undertake to update or release a review of the information included herein or provide additional information.

This document does not disclose all risks or other material issues regarding the investment in the shares of the Company. The information included in this presentation is subject to, and should be understood together with, all publicly available information. Any person acquiring shares of the Company shall do so at their own risk and judgment over the merits and suitability of the shares of the Company, after having received advice which is professional or of any other nature that may be required or appropriate rather than relying solely on the grounds of this presentation. By delivering this presentation, the Company does not provide any advisory, purchase or sale recommendation, or any other instrument of negotiation over the shares or any other securities or financial instrument of the Company. This document does not constitute an offer, bid or invitation to acquire or subscribe shares. Furthermore, this document does not imply any purchase or sale bid or offer for the exchange of securities or a request for a vote or authorisation in any other jurisdiction. The delivery of this document within other jurisdictions may be prohibited.

Recipients of this document or those persons receiving a copy thereof shall become liable for due awareness of, and compliance with, such restrictions. By accepting this document you accept the foregoing restrictions and warnings. 39