Corporate dossier

2015

Commitment & delivery

l Presence in 12 countries in Europe and the Americasl More than 8,300 kilometres of toll roadsl 14,300 employeesl More than 70% of revenue generated outside Spain

An efficient global company

Canada

United States

Puerto Rico

Colombia

BrazilChile Argentina

IrelandFranceSpain

Italy

United Kingdom

Abertis is the world leader in the toll roads sector with 8,300 kilometres under management.

The Group, with operations in 12 countries and more than 14,300 employees, is geared towards value creation through the investment in infrastructures that contribute to global economic and social development.

Since its inception in 2003, Abertis has invested over 15,000 million euro in the countries where it is present.

3

17%

33%

5%Chile

Other

France

Brazil

Spain28%

36%

20%

6%10%

REVENUE BY COUNTRY (jUNE 2015)

1,360 M€

EBITDA (june 2015)

2,131 M€

Revenue 2014 (june 2015)

27,230 M€

Assets managed(june 2015)

Abertis today

5RESULTS FIRST HALF 2015 (in M€ and %)

Spain Brazil Chile AbertisTOTAL

France

ADT (number of vehicles/day)

GROWTH Investment

590 M€

France (Plan Relance)

+5,7%

NET DEBT / EBITDA RATIO

3,7xEBITDA

+2,2%+10,0% +1,8%

-0,9%

17,281 18,183 19,708 21,36223,006

REVENUE (M€)

2,131+1,7%

NET PROFIT

1,677+445%

NET DEBT

11,220-18,6%*

* Var. vs. pre-

vious year close

Hispasat Spain

Toll roadsFrance

70% OF REVENUE COMES FROM OUTSIDE SPAINBrazil

Chile

Other

95%36%

5% 28%

20%

6%10%

REVENUE REVENUE

FOCUS INTERNATIONALISATION

Negotiations

in Brazil and Chile for extensions

8 investment projects under study

for up to

9,000 M€

SHAREHOLDER STRUCTURE (june 2015)

Administrative bodies

~23%

CRITERIA CAIXAHOLDING

~8%

CVC

~16%

OHL

~53%

FREE FLOAT

7BOARD OF DIRECTORS

Chairman Salvador Alemany Mas Vice-Chairman-CEO Francisco Reynés Massanet Members Juan-Miguel Villar Mir Carmen Godia Bull Javier de Jaime Guijarro Marcelino Armenter Vidal Carlos Colomer Casellas María Teresa Costa Campi Susana Gallardo Torrededia Tomás García Madrid Miguel Ángel Gutiérrez Méndez Mónica López-Monís Gallego José Antonio Torre de Silva López de Letona Manuel Torreblanca Ramírez Juan Villar-Mir de Fuentes Juan-José López Burniol Secretary Miquel Roca Junyent Deputy Secretary Josep Maria Coronas Guinart

ExECUTIVE COMMITTEE

Chairman Salvador Alemany Mas Vice-Chairman-CEO Francisco Reynés Massanet Members Juan-Miguel Villar Mir Carmen Godia Bull Javier de Jaime Guijarro Marcelino Armenter Vidal Tomás García Madrid Juan-José López Burniol Secretary Miquel Roca Junyent Deputy Secretary Josep Maria Coronas Guinart

APPOINTMENT AND REMUNERATION COMMITTEE

Chairman Mónica López-Monís Gallego Members Carmen Godia Bull Javier de Jaime Guijarro María Teresa Costa Campi Juan Villar-Mir de Fuentes Secretary Josep Maria Coronas Guinart

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

Chairman Salvador Alemany Mas Members María Teresa Costa Campi Susana Gallardo Torrededia Manuel Torreblanca Ramírez Secretary Josep Maria Coronas Guinart

AUDIT AND CONTROL COMMITTEE

Chairman Miguel Ángel Gutiérrez Méndez Members Marcelino Armenter Vidal Carlos Colomer Casellas Tomás García Madrid José Antonio Torre de Silva López de Letona

Secretary Marta Casas Caba

Senior management

9Vice-Chairman and

Chief Executive OfficerFrancisco Reynés Massanet

CFO & Corporate DevelopmentManaging Director

josé Aljaro Navarro

General Counsel and CorporateManaging Director

josep Maria Coronas Guinart

Managing Director of Sanef Lluís Deulofeu Fuguet

Industrial DevelopmentManaging Director

josep Lluís Giménez Sevilla

Chief Executive Officer of Arteris

David Díaz Almazán

Managing Director of Toll RoadsInternational

Carlos del Río Carcaño

Managing Directorof Toll Roads Spain

Antoni Español Realp

Chief Executive Officer of Hispasat

Carlos Espinós Gómez

Human Resources Director joan Rafel Herrero

General Managerof Toll Roads Chile

Luis Miguel de Pablo

Business performance: 2011 - 2014

Initial target

2010

2010

2010 2014

20102014

2014

2014

Final result

EBITDA (M€) REVENUE (M€)

OPERATING MARGIN (% REVENUE)

ASSETS PORTFOLIO

+19%

+30% Other

Telecommunications

Toll roads France

Toll roads Spain

+25%

4,106

61%

2,4944,889

64%

3,122

EFFICIENCIES (M€)

11

118

11188

253 302

190

173

76

TelecommunicationsTelecommunications

Divestments4,600 M€

Investments and acquisitions8,000 M€

Other

Toll roads

Toll roads

10%

90%85%

9%

6%

EBITDA~2,500 M€

EBITDA~3,100 M€

Businesses

29concessions

12countries

>8,300kilometres

With over 8,300 kilometres managed, Abertis is the world leader in the toll roads sector.

BRAZIL 3,250 kILOMETRESThrough Arteris, the Group manages 21% of the toll roads market in Brazil, with concessions in the states of São Paulo, Minas Gerais, Río de Janeiro, Santa Catarina and Paraná.

FRANCE 2,036 kILOMETRESAbertis operates in France through Sanef, which controls the 22% of the toll roads market in the country, including five of the seven main roads leading into the Île de France.

SPAIN 1,776 kILOMETRESAbertis is the leading operator of toll roads in Spain, where it controls 59% of the market. The Group manages most of the country’s crucial road corridors, including the AP-7, the AP-6, the AP-68 and the AP-2.

CHILE 771 kILOMETRESAbertis is the main toll road operator by traffic and EBITDA. It manages a total of 6 concession in the country.

REST OF THE WORLD 445 kILOMETRESThe Group also operates high capacity roads in Puerto Rico, Argentina, Colombia and the United Kingdom and manages electronic tolling systems in different road infrastructures in Canada, Ireland and the United States.

OTHER HOLDINGSAbertis has a major stake (33%) in Cellnex Telecom, the biggest European neutral operator in telecommunications infrastructures for mobile telephony and broadcasting with a network of more than 15,000 masts located in Spain and Italy.

Abertis is also the major shareholder in Hispasat (57%), the satellite company leader in Latin America, with seven satellites in orbit.

13

PeterboroughGloucester

Sawtry

Alconbury

Swindon

CirencesterRMG

Aumar

AcesaInvicatAucatAutemaTúnels

Strasbourg

Reims

Caen

Alençon

Langon

Pau

Paris

Palafolls

La Jonquera

Girona

Lleida

Castellón

Valencia

Alicante

Logroño

ZaragozaBarcelona

Tarragona

Vitoria

Bilbao

Astorga

León

Navalcarnero Arganda del Rey

Guadalajara

Segovia

Adanero

ÁvilaMadrid

Seville

Cádiz

Aulesa

Aumar

AumarCiralsa

Avasa

Sanef

IberpistasCastellanaTrados 45Accesos de MadridHenarsa

Lyon

EUROPE

ColombiaCoviandes

Bogotá

Villavicencio

Argentina

San Fernando

San Isidro

Buenos Aires

LujánBuenos Aires

Barceloneta Manatí

Vega Baja

Vega Alta

GuaynaboBayamón

Cataño

Arecibo Dorado San Juan

Puerto RicoAPRMetropistas

SantiagoSan Antonio

Valparaíso

CoquimboLa Serena

Ovalle

La Ligua

Los Andes

Colina

Quillota

San Felipe

Quilpué

Viña del Mar

ChileGesaElquiRutas del PacíficoAutopista Los AndesAutopista del SolAutopista Los LibertadoresAutopista Central

Belo Horizonte

São Carlos

Ribeirão Preto

São Paulo

Curitiba

Franca

Araras

Rio de Janeiro

Florianópolis

BrazilAutoviasCentroviasInterviasVianorteAutopista Litoral SulAutopista Planalto SulAutopista FluminenseAutopista Fernão DiasAutopista Régis Bittencourt

AMERICA

Strategic Plan 2015 - 2017

New efficiency

programme

Cellnex IPO

Growth in toll roads

Greater shareholder

remuneration

Upholding the concession model as the foundation for social progress

Strategic Plan 2015 - 2017

The new Abertis Strategic Plan 2015-2017 is another step in the process of creating a new, more solid, efficient and profitable Abertis. After a successful period from 2011 to 2014 in which the company undertook a transformational leap to become the world leader in its sector, Abertis is now focused on giving fresh impetus to its commitment to growth and creating value for its shareholders and satisfaction for its employees and society.

AN AMBITIOUS STRATEGIC PLAN 2015-2017

New Plan with special focus on

France, Brazil and Chile

+ Consolidation

of savings in the previous plan

Operational efficienciesFocus

Cellnex Telecom IPO to enable

it to grow internationally

Growth in toll roads

Extension of terms

for existing concessions

+ New

acquisitions

Shareholder remuneration

Dividend increase by 5% per year

+ Expanded bonus share issue 1x20

+ Share buyback plan of 6.5% of

share capital

17

ORDINARY DIVIDEND - OUTLOOK

2014 2015E 2016E 2017E

+10% annual growth (M€)

593 654 721 795

3,000M€ 120% +25 years

dividends paid 2010 - 2014

cumulative return in the last ten years

on the stock exchange

Abertis on the stock exchange

Abertis has been listed on the Spanish Stock Exchange as part of the Íbex 35 since the latter began in 1992, and it is also on the other major international indexes such as Standard & Poor’s Europe 350, FTSEurofirst 300 and FTSE IIS CG.

Abertis’ key objectives include ensuring sustainable remuneration to its shareholders based on a combination of dividend payments and a yearly bonus issue. As part of its Strategic Plan 2015 - 2017, shareholder remuneration is to grow by 10% per year.

Over the last ten years the cumulative return for Abertis shareholders has been 122%.

Over recent years Abertis’s stock has easily outperformed Spain’s Ibex 35 index. Its market capitalisation has risen by 50% since 2011.

ABERTIS SHARES PERFORMANCE MARKET CAPITALISATION (M€)

ORDINARY DIVIDEND (M€)

443

9,900

14,800

512* 538 565 593

+ 7% per year

Jan 2011 Dec 2014 Jan 2011 Dec 2014

2010 2011 2012 2013 2014

19

* Additionally € 800 Mn were distributed as extraordinary dividends

100

160

104

IBEX35

Abertis

Responsabilidad Social Corporativa

Corporate Social Responsibilityl Promoting road safety and responsible driving campaigns l Caring for people and their social environmentl Fostering and spreading cultural valuesl Supporting international environmental policies

Our Corporate Social Responsibility covers the following areas:

Road safety campaignsProgrammes such as “Te queda una vida”, “Autoroute Académie” and the organisation of the “Road Safety Forum” in Brazil in the last two years, all designed to improve the safety of drivers and pedestrians.

Culture and societySupport and sponsorship of art exhibitions such as the Velázquez retrospective in Paris and the Joan Miró exhibition in Brazil. In the social agenda, labour integration programmes for people with Down syndrome.

EnvironmentThe Abertis Foundation headquarters, chosen as the UNESCO International Centre for Mediterranean Biosphere Reserves.

The Abertis chairsKnowledge-sharing programmes between Universities and Companies through an international network of chairs in Spain, France, Chile, Puerto Rico and Brazil.

Socio-economic development / Social accessibility

Culture accessibility

Training/Research

Environmental conservation

Mobility and road safety

21

35,7%

10,6%

10,0%

7,9%

35,8%

CONTRIBUTIONS BY AREAS (2014)

Content editing, production and coordination: Corporate Communications DepartmentDesign: gosban reporting

Printed on ecological paper

Abertis Infraestructuras S.A Avenida de Pedralbes, 17 - 08034 Barcelona Tel. +34 93 230 50 00 - Fax +34 93 230 50 01www.abertis.com