Sociedad Matriz SAAM (SMSAAM) Corporate presentation summary

Business overview

• Operates in 12 countries and over 100 ports with a fleet of 201 tugboats, performing more than 150,000 maneuvers in 2024.

• Provides cargo and ground handling services in 8 airports across 3 countries, moving over 460,000 tons.

• Recognized as the largest operator in the Americas and third globally in towage, and a leading regional air cargo handler.

Strategic fundamentals

• Maintains a diversified portfolio across businesses, geographies, and clients.

• Focuses on long-term assets, stable cash flows, concession contracts, and public-private partnerships.

• No single client accounts for more than 5% of consolidated sales, with over 1,000 clients served.

Financial performance and shareholder value

• Ordinary revenues grew from $462M in 2022 to $706M in 2024, a 53% increase.

• EBITDA rose from $160M in 2022 to $195M in 2024.

• Dividend payouts increased, with a payout ratio consistently around 60%.