ASTM S p A : EcoRodovias wins a new motorway concession of around 850 km in Brazil for a duration of 35 years

PRESS RELEASE

ECORODOVIAS WINS A NEW MOTORWAY CONCESSION OF AROUND 850 KM IN BRAZIL FOR A

DURATION OF 35 YEARS

• After this award the ASTM Group will manage 5,500 km of motorway networks, consolidating its position as one of the world's leading motorway concessionaires
• The BR-153/414/080/To/Go Motorway System extends from Alianca do Tocantins (To) to Anapolis (Go) and represents one of the main logistical corridors for the transport of goods from the central- southern states to the northern states of Brazil
• The concession, with a duration of 35 years, includes the design, construction, and realisation of three motorway stretches for a total of around 850 km
• Investments (CAPEX + OPEX) of approximately BRL 14 billion are planned for this new concession

Tortona, 30 April 2021. ASTM has been awarded, through EcoRodovias Infraestructura e Logistica S.A. ("EcoRodovias"), the tender to manage the 851 km-long motorway system from Alianca do Tocantins (TO) to Anàpolis (GO). With this award, the ASTM Group will manage around 5,500 km of motorway networks, consolidating its position as one of the world's leading motorway concessionaires.

The CEO of ASTM Umberto Tosoni commented: "We are particularly pleased to have won this concession in Brazil, which confirms our ability to win international tenders for the design, construction and realisation of complex highways. Such tenders are characterised by a very professional and competitive arena and managed by the grantor with clear procedures and certain timing. The result obtained demonstrates the value of the Group in term of industrial and managerial capabilities and commitment to the sustainable development of transportation infrastructures."

The tender was promoted by the Brazilian National Land Transport Agency ("ANTT").

EcoRodovias, in association with the Group GLP (35%), submitted the best offer with a discount of 16.25% on the base rate and the payment of an upfront premium of BRL 320 million.

The definitive award and the signing of the concession contract, with a duration of 35 years, will take place after the deadline for eventual appeals, as planned in the tender process.

The To-Go motorway system subject of the tender is 851 km long and includes three stretches (BR- 135, BR-080,BR-414) which play a strategic role within the logistical hubs from northern Brazil to the central and southern areas of the Country. The network under concession passes through 38 municipalities in the states of Tocantins and Goias and foresees investments, including CAPES and OPEX, of BRL 14 billion in 35 years.

The new award reinforces the role of the Group and of EcoRodovias as one of the main motorway operators in Brazil with a total network of around 4,000 km and confirms ASTM's implementation of its strategic plan to focus on greenfield activities and the extension of the duration of its portfolio of concessions.

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Geographical location of the BR-153/414/080/To/Go motorway system and the EcoRodovias

network

BR-153/414/080/To/Go

Motorway System

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ASTM Group is a world leader in the management of motorway networks and in the design and construction of large infrastructural works. Present in over 20 countries and with approximately 13,000 employees, the Group's activities are focused on three main areas: management of motorway infrastructures (concessions), design and construction of major works (EPC - Engineering, Procurement and Construction) and technology applied to transport mobility. In the area of concessions, the Group is the second largest operator in the world in the management of motorway infrastructures with a network of approximately 4,500 km of network, of which more than 1,400 km in Italy, around 3,000 km in Brazil through the company EcoRodovias and 84 km in the United Kingdom through participation in Road Link. In 2020 ASTM Group reported the following consolidated results: €2.0 billion of Revenues, €548 million of EBITDA and Net profit of €109 million with a Net Financial Indebtedness of €849 billion.

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The Shares of ASTM SpA are listed on the Italian Stock Exchange.

Bloomberg: AT IM - Reuters: ATMI.MI - ISIN: IT0000084027

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ASTM S.p.A.

Corso Regina Margherita, 165 - 10144 Turin

Tel. (+39) 011 4392111 - Fax: (+39) 011 4392218 www.astm.it

- PEC: astm@legalmail.it - E-mail:astm@astm.itFor more information:

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