Motiva Infraestrutura de Mobilidade (MOTV3) Investor presentation summary

Infrastructure investment landscape

• Brazil expects record infrastructure investment of ~BRL 280 billion in 2025, with a significant gap of ~BRL 500 billion per year to meet needs, especially in transport and logistics, which account for over half of investment requirements.

• Brazil's infrastructure investment as a percentage of GDP lags behind other regions, highlighting ongoing opportunities for growth.

Portfolio and operational highlights

• Operates 189 km of rails and manages 1.2 billion axle-equivalents and 756 million passengers annually, ranking as the 7th largest private rail operator globally by passenger volume.

• Portfolio includes toll roads and rail concessions across multiple Brazilian states, with 70% of consolidated EBITDA from São Paulo assets.

• Market capitalization is approximately BRL 32 billion, with an adjusted EBITDA of BRL 9.5 billion projected for 2025.

Strategic direction and growth

• Strategic pillars focus on profitable and selective growth, portfolio optimization, efficiency, capital structure, sustainability, and distinctive competencies.

• Recent actions include divestment of airport business, asset recycling, and contractual optimizations, resulting in over BRL 600 million from asset recycling and 17 rebalancings.

• Growth strategy emphasizes premium assets in strategic geographies, with a pipeline of ~BRL 110 billion in toll roads and ~BRL 60 billion in rails.