The highway concession program in Brazil arose primarily from the accelerated deterioration of the major inter- and intra-state road links in the early 1990s, including the highways Presidente Dutra, Régis Bittencourt and Fernão Dias, among others, and the lack of public funds to repair and restore those roads. The decline in Brazil’s highway network threatened to compromise directly Brazil’s economic growth potential given the country’s heavy reliance upon road transportation for freight and passenger service. The Brazilian Highway Concession Program commenced in 1993 after the enactment of legislation established the general rules for all concession bidding processes and for entry into contracts between the government and the private sector.

In this context, CCR was established on September 23, 1998 to manage federal and state highway concessions. According to the Bylaws, our corporate purpose encompasses the following activities: (i) exploitation in Brazil and/or overseas, directly or indirectly, and/or through consortia, the business of concessions and public services, specifically the rendering of services involving execution, management and inspection of activities related to the conservation, improvement, recovery, expansion and operation of motorways and bridges;(ii) the rendering of consulting services, technical assistance and management of companies when related to the businesses listed in item (i) above; (iii) the carrying out of activities connected or related to the corporate purpose, directly or indirectly, including imports and exports; and (iv) ownership stakes in other companies, as a quota holder or shareholder.

CCR’s Original Shareholders – Andrade Gutierrez, Camargo Corrêa, Odebrecht, Sve and Serveng – belong to some of the largest Brazilian corporate groups. Prior to the Company‘s being established, they were direct shareholders in the current concessionaires of the CCR Group in different proportions and structures.

On December 28, 1999, shares were fully subscribed by the Original Shareholders (except for Brisa) and paid up after the entire interest held by them in the concessionaires’ capital is checked. Thus, CCR now holds a direct interest in the concessionaires and is controlled by such shareholders.

In January 2001, Brisa acquired 710,975 common shares and 718,702 preferred shares from the original shareholders, which represented 20% of CCR’s total capital stock. Brisa is a strategic partner operating an eleven-concessionaire system in Portugal through concession agreements executed with the local federal government.

CCR had been granted public company registry by CVM in December 19, 2000. On November 20, 2001, CCR became the first company to join Bovespa’s New Market – a special segment of Bovespa which requires world-class corporate governance practices. CCR was listed on Bovespa on February 1, 2002.

On December 15, 2003, the full selloff of the totality of the ownership interest owned by Odebrecht in the capital stock of CCR was concluded to Camargo Corrêa, AG Concessões, Serveng and Brisa, who exercised their rights of preference established in the shareholders agreement.

After the sale, the purchasing shareholders held the following interests in our company:

Shareholder Capital (%)
Andrade Gutierrez 19.08%
Brisa 19.99%
Camargo Corrêa 19.99%
Serveng-Civilsan 19.99%

On December, 2003 SVE underwent a series of corporate operations and one of the many outcomes was the transfer of its interest in CCR’s capital stock to its shareholders. On December 16, 2003, SVE shareholders executed an agreement with Ativia, AGC Participações, Serveng, Brisa and others to regulate the sale of all CCR then shares held by SVE shareholders. Upon completion of the sale on March 18, 2004 the purchasing shareholders held the following interests in the company:

Shareholder Capital (%)
Andrade Gutierrez 20.69%
Brisa 21.27%
Camargo Corrêa 21.27%
Serveng-Civilsan 21.27%

Finally, on May 14, 2004, CCR concluded its second offering of shares, increasing the total number of share by nearly 20%. After this operation, the Company had the following shareholding structure:

Shareholder Ordinary Shares %
Andrade Gutierrez 17,525,624 17.39%
Brisa 18,015,074 17.88%
Camargo Corrêa 18,015,075 17.88%
Serveng 18,015,076 17.88%
Outros 29,204,601 28.98%
Total: 100,775,450 100.00%

On February 1, 2006 the split of the existing common shares was approved, whereby each existing common share corresponds now to 4 common shares and, therefore, the Company‘s capital stock corresponds to 403,101,800 registered, book entry, common shares with no par value. As a consequence of the stock split, the Company‘s authorized capital stock increased to 480,000,000 common shares. Therefore, the Company has now the following shareholding structure:

Shareholder Ordinary Shares %
Andrade Gutierrez 72,161,188 17.90%
Brisa 72,160,296 17.90%
Camargo Corrêa 72,160,300 17.90%
Serveng 72,160,304 17.90%
Novo Mercado 114,459,712 28.39%
Total: 403,101,800 100.00%

On the same date, the amendment of the article 3 of the Company’s Bylaws , which describes the Company’s corporate purpose, in order to broaden the scope of activities related to the Transport Infrastructure Industry was approved, as follows: “business in Brazil and/or abroad, directly or indirectly, and/or through consortiums, related to concessions of public works and services and, more specifically, to the provision of services related to the operation of highways and roads, bridges, tunnels and underground infrastructure”.

On August 9, Consórcio METROQUATRO, formed by the companies CCR, Montgomery Participações S.A., RATP Développement S.A. and Benito Roggio Transporte S.A., placed a tender for the sponsored concession for the operation of the passenger transport services on the Line 4 – the yellow line of the São Paulo Subway, comprising the stretch between Luz and Taboão da Serra. Among all stated tenders, CONSÓRCIO was ranked first.

On November 29, the Concessionária da Linha 4 do Metrô de São Paulo S.A entered into Sponsored Concession Agreement with the São Paulo State Government for the exploration of the passenger transport services on Line 4 (Yellow Line) of the São Paulo Subway. In February 2007, Mitsui & Co. Ltd. was incorporated into the Concessionaire’s capital stock.

On December 20, 2006, the concessionaires AutoBan and ViaOeste executed Amendments 16 and 12 to the respective road concession agreements 005/CIC/1998 and 008/CIC/1997. Said amendments are designed to adjust the financial-economic equations of the Concession Agreements that were impacted by several changes in taxes and in the investment schedule. Pursuant to the Concession Agreements, the concessions were extended by 104 months in the case of AutoBan and 57 months in the case of ViaOeste.

On August 29, 2007, the consortium between CCR (10%) and Brisa – Autoestradas de Portugal S.A. (90%) announced to the market that it has won the bid for Northwest Parkway, in Denver, Colorado, U.S.A. The Brisa/CCR consortium paid US$543 million for the right to explore the concession for a 99-year term, and the Contract was signed on August 31, 2007. The highway is part of the Ring Road in the Denver region. The current length of the Northwest Parkway is 14 km (8.9 miles) and should be extended by another 4 km (2.3 miles) by 2020, when the remaining portion of the Denver ring also should be completed. The highway has two lanes each way and three toll stations, one on the main lane and two on the accesses.

On October 31, CCR established a partnership with Fundação Dom Cabral, CCR‘s Infrastructure and Logistics Centre, for the creation of a dynamic space for knowledge generation, contributing to the discussions on the concession models and the private sector‘s role in the Brazilian transportation segment, deepening the issues related to public-private partnerships and other issues related to the sector.

On December 1st, 2007, CCR has been included in the ISE, the BM&FBOVESPA‘s Corporate Sustainability Index, for the third consecutive year. The firms making up the ISE are selected from among the most liquid stocks on the BM&FBOVESPA and their share of the portfolio is weighted according to their market capitalization. The new portfolio contained 51 shares issued by 38 companies, with a combined market cap of R$ 961 billion em valor de mercado – correspondente a 43,7% da capitalização total da BOVESPA. Now in its seventh edition, it has become a benchmark for socially responsible investments and a catalyst for the adoption of good practices in the Brazilian corporate community.

On January 29, 2008, CPC announced the execution of a binding and irrevocable Purchase and Sale Commitment for the acquisition of 40% of the equity in Concessionária Renovias S/A. CPC‘s investment, subject to conditions precedent and adjustments set forth in said Commitment, will be R$265,000,000.00. The execution of the Purchase and Sale Commitment shows the success in CCR‘s qualified growth strategy, taking into account the capital discipline required, which is fundamental to increase CCR‘s value to its shareholders. The Renovias system is comprised of five highways, with a 345.6-kilometer extension, and interface with 15 cities in the State of São Paulo.

On, March 11, 2008, CCR, with a 95% stake, and Encalso, with the remaining 5%, obtained the best classification among the lowest toll fee proposals submitted in the bid for the concession of the Mário Covas Ring Road- West Segment. The bid was promoted by the ARTESP, based on the lowest toll fee. The toll fee presented was R$1.1684. The concession will have a term of 30 years and the CCR is now responsible for the execution of the following services: recovery, maintenance, monitoring, preservation, operation, extension, improvement and commercial use of the West segment of the Ring Road.

On June 01, Concessionária do Rodoanel Oeste S.A entered into a Concession Agreement for the exploration. The execution of the concession agreement of the west segment of the Mário Covas Ring Road represents another important step for CCR’s strategic plan for qualified growth, and the addition of value to shareholders, thus contributing to Brazil’s social and economic development.

On June 3, 2008, CPC concluded the stages called for in the Investment Agreement signed in January 2008, through which it owned 40% of the common and preferred shares of Renovias Concessionária S/A. Renovias is a public service highway concessionaire whose purpose is to exploit five motorways totaling 345.6 km, distributed currently in 220.5 km of dual lane highways and 125.1 km of single lane highways.

On February 9, 2009, CPC, together with CCR Group and Brisa Participações e Empreendimentos Ltda., entered into Purchase Agreement with CS Participações Ltda., its shareholders and its subsidiary BR Inspeções S.A., for the acquisition of a 45% interest in Controlar S.A. Controlar is a municipal public service concessionaire which retains, until 2018, the concession to implement and operate the Vehicle-in-use Inspection and Maintenance Program in the Municipality of São Paulo, being mandatory for all categories of vehicles manufactured since 2003 and registered in São Paulo City.

On May 04, 2009, CCR entered into an irrevocable and irreversible Share Purchase Agreement with Brisa for the sale of CCR’s entire interest (10%) of the capital stock in Northwest Parkway, LLC, in the amount of US$ 29.143.473,00. After said Purchase Agreement, Brisa now holds a 100% (one hundred percent) interest in Northwest Parkway, LLC.

On August 4, 2009, CCR completed its 5th issue of debentures, totaling R$ 598.2 million.

CPC concluded, on August 13, 2009, the phases established in the Purchase and Sale Agreement entered into on February 9, 2009 and now holds forty-five percent (45%) of the capital stock of CONTROLAR S.A.

On October 21, 2009, the Board of Directors approved a capital increase in the amount of R$ 1,098.9 million, upon the issuance of 33,300,00 common shares at R$ 33.00 per share and financial settlement on October 27, 2009. The Company’s shareholding structure was as follows:

Shareholder Ordinary Shares %
Andrade Gutierrez 71,411,188 16.2%
Brisa 72,160,300 16.3%
Camargo Corrêa 72,160,796 16.3%
Soares Penido Concessões 57,241,819 13.0%
Novo Mercado 168,422,697 38.2%
Total: 441,396,800 100.0%

In October 2010, Brisa was no longer CCR shareholder so therefore, the Company’s shareholding structure is as follows:

Shareholder ON Shares %
Andrade Gutierrez 70,202,496 15.90%
Aguilha 26,471,000 6.00%
Camargo Corrêa 72,160,796 16.35%
Soares Penido Concessões 57,241,819 12.97%
Novo Mercado 215,320,689 48.78%
Total: 441,396,800 100.00%

In November 2011, after the split, the Company’s shareholding structure is as follows:

Shareholder Ordinary Shares %
Andrade Gutierrez 300,149,836 17.00%
Camargo Corrêa 300,149,832 17.00%
Soares Penido Concessões 304,004,776 17.22%
Novo Mercado 861,282,756 48.78%
Total: 1,765,587,200 100.00%

In December 2011, the ViaLagos concession signed the 8th Modifying Amendment Contract (TAM) to the Highway Concession Contract. The purpose of the aforementioned TAM is to promote the re-equilibirum of the economic-financial equation of the Concession Contract, including the implementation of safety features to separate the highway lanes, the widening of the roadbed and the paving of shoulders, among others; and the reduction of the current toll rates, which will go into effect as of January 13, 2012. As called for in the Concession Contract, the new arrangement is made possible through an extension of the concession for a period of 15 years.

On January 16, 2012, inclusion in article 5 of CCR‘s Bylaws was approved of wording that describes the Company‘s corporate purpose, designed to expand its fields of activities related to the Airport Infrastructure Sector, as follows: “the exploitation in Brazil and/or overseas, directly or indirectly, through consortia, of concession projects in public service businesses, specifically the rendering of services for the operation of motorways, urban roads, bridges, tunnels and subways and airport infrastructure.” On April 26, 2012, CCR signed a concession contract for services to build, operate, maintain, monitor, conserve and conduct improvements to the Ligação ViaRio (ViaRio Highway Connection), for a period of 35 years. The construction of the ViaRio is part of a package of investments for the Olympic Games of 2016 that will be held in Rio de Janeiro. The expressway will be 13 (thirteen) km long, connecting the Deodoro neighborhood to Barra da Tijuca.

The Consórcio Rio Olímpico (Rio Olympic Consortium) is made up of CCR (66.66%) and Investimentos e Participações em Infraestrutura S.A. – Invepar (33.34%).

CCR concluded the financial arrangements on May 25, 2012 for an Instrument for the Private Purchase and Sale of Shares and other Covenants, signed between its CPC subsidy and Andrade Gutierrez Concessões S.A., referring to the International Airport of Quito, in Ecuador. CCR now is owner of approximately 45.49% of the capital stock of this airport.

On July 2, 2012, CCR concluded the stages called for in a Contract for the Purchase and Sale of Shares and other Covenants, with CPC becoming the owner of 80.00% of the shares representing the capital stock of Barcas. The Barcas concession guarantees for CCR the right to exploit regularly scheduled waterway passenger transportation lines in the state of Rio de Janeiro, and is now the fifth largest company in the world in this sector. On September 10, 2012, CCR concluded the financial arrangements regarding the Private Instruments for the Purchase and Sale of Shares and other Covenants, signed April 2, 2012, between its CPC and CCR España subsidiaries and Andrade Gutierrez Concessões S.A., referring to the International Airport of San José, in Costa Rica. CCR now owns 48.75% of the capital stock of the AISJ concessionaire.

On October 22, 2012, CCR concluded the financial arrangements involving a Private Instrument for the Purchase and Sale of Shares and other Covenants, signed July 18, 2012 between its CCR España subsidiary and Camargo Corrêa Investimentos em Infraestrutura S.A., referring to the International Airport of Curaçao, in Curaçao. CCR now owns 40.8% of the AIC’s capital stock.

On June 12, 2013, CCR increased its share in Curacao International Airport. The Agreement for the Purchase of Shares of Janssen de Jong Caribbean Airport Constructors N.V was financially concluded through CCR España. The purpose of the agreement was the acquisition of 39.00% of the capital stock of Curacao Airport Investments N.V. (“CAI”), which holds 100% of the capital stock of Curacao Airport Partners N.V. (“CAP”), the concessionaire of HATO International Airport (Curacao International Airport) and 100% of the capital of Curacao Airport Real Estate Enterprises N.V. (“CARE”), the holding company. With the conclusion of the acquisition, CCR España now directly and indirectly holds 79.80% of the shares of CAI.

On June 14, 2013, CCR, through CCR España, signed a Concession Agreement, under a public private partnership, for the sponsored concession of services, supply and works for the implementation, operation and maintenance of the system for the transportation of passengers through Light Rail Vehicle (LRV) in the port and central region of Rio de Janeiro, The concession has a term of twenty-five years (25) as of the issue of the Order of Commencement.

On August 23, 2013, the Special Bid Commission of Bid Notice 01/2013, promoted by the Bahia State Government through the Department of Urban Development – SEDUR, declared as winner the proposal submitted by Companhia de Participações em Concessões, a CCR subsidiary, for the execution, under the sponsored concession type of public private partnership, of construction works and systems, supply of rolling stock, operation, maintenance and expansion of the Salvador and Lauro de Freitas Subway System.

On October 03, 2013 was concluded, after compliance with conditions precedent, through the Share Purchase Agreement and Other Covenants, the effective transfer of 10% of the shares representing the capital stock of Serviços e Tecnologia de Pagamentos S.A. (“STP”) to Sampras Participações Ltda., affiliated company of Raízen Combustíveis S.A.. CCR became the owner of 34.24% of STP.

On October 15, 2013, Companhia do Metrô de Salvador, constituted solely by CPC, executed the Concession Agreement, The Concession will be valid for thirty (30) years as of the date of signature of said Agreement.

On January 24, 2014, the Governing Board of the National Civil Aviation Agency – ANAC declared the proposal presented by Consórcio Aerobrasil to be the winner of the bid for the expansion, maintenance and exploration of Tancredo Neves International Airport, in the municipalities of Confins/MG and Lagoa Santa/MG. On April 7, 2014, Concessionária do Aeroporto Internacional de Confins S.A., comprising: (i) Sociedade de Participação no Aeroporto Internacional de Confins S.A. (in turn comprising CPC, with 75.00%, Zurich Airport International AG, with 24.00%, and Munich Airport International Beteiligungs GmbH, with 1.00%), which retains 51.00% of the Concessionaire; and (ii) Empresa Brasileira de Infraestrutura Aeroportuária – Infraero, which retains the remaining 49.00%, signed the Concession Agreement for the services described above. The concession will have a term of 30 years.

As of May 31, 2015, CCR shut down the operation and the management of Rio-Niterói bridge through CCR Ponte.

On 8 June 2015, a Share Purchase, Sale Agreement and Other Covenants, governed under the laws of the state of New York, United States of America, financially concluded by its indirect subsidiaries CCR España Emprendimientos S.L.U. and Alba Concessions Inc. for the acquisition of: 4.5% of the capital stock of Quiport Holdings, held by Aecon Airports Inc. and Black Coral Investments Inc.; 3.375% of the credits arising from the subordinated debt of Corporación Quiport, held by Aecon Investments Corp and BLACK CORAL; and 50% of the capital stock of ADC&HAS Management Ltd., held by ADC Management Ltd. and HAS Development Corporation.

On September 10, 2015, CCR entered into the Third Addendum to Shareholders’ Agreement of Concessionária do RodoAnel Oeste S.A., reflecting the change to the current shareholding structure, after which CCR and Encalso now hold interest of 98.8554% and 1.1445% respectively.

On October 23, 2015, CCR S.A. entered into a Term of Transference of Shares under Suspensive Conditions, with RATP DÉVELOPMENT S.A. (“RATP”), for the exercise of the Company’s call option through the transfer of all the shares held by RATP in the jointly-owned subsidiary, Concessionária da Linha 4 do Metrô de São Paulo S.A. (“ViaQuatro” / “Concessionaire”), corresponding to 2% of ViaQuatro’s preferred shares, i.e., 1% of the shares representing the capital stock of said Concessionaire, conditioned to the approval by the financing parties, not implying any change to its control.

In November 13, 2015, CCR USA acquired 70.0% of the capital stock of TAS, a provider of airport activity administration and management services in airports in the United States. As a result, CCR now held, indirectly through its subsidiary, 70% of the capital stock of TAS.

On December 10, 2015 it concluded financially the Share Purchase Agreement and other Covenants involving the acquisition of: (i) 4.5% of the capital stock of Quiport Holdings; (ii) 3.375% of the credits arising from the subordinated debt of Corporación Quiport; and (iii) 50% of the capital stock of ADC&HAS Management Ltd. As a result, CCR now held, indirectly, 50% of Quito International Airport. In 2019, CCR started to indirectly hold 46.5% of Quiport’s shares. Quito International Airport is located in a free trade zone, being exempt from income tax until 2025. The concession has a period of 30 years and ends in January 2041. Quito International Airport accounted for 3.1% of the Company’s gross operating revenue in 2019.

On February 5, 2016, CCR S.A. informed its shareholders and the market in general, in continuation to the Material Fact disclosed by the Company on October 21, 2015, related to the resolutions of the Company’s Board of Directors regarding the negotiations for the acquisition of a property in the municipalities of Cajamar and Caieiras, in the state of São Paulo that, its subsidiary Companhia de Participações em Concessões (“CPC”) entered into a Sale and Purchase Agreement under dissolving conditions and other Pacts, as the committed buyer, with SPACE EMPREENDIMENTOS IMOBILIÁRIOS LTDA., as a committed seller, having as consenting intervening parties and guarantors CCR S.A. and Companhia Melhoramentos de São Paulo and as consenting intervening party Melhoramentos Florestal Ltda.

On April 16, 2016, CCR S.A. announced to its shareholders and to the market in general that the 26th Modification Amendment (“TAM”) to the Concession Agreement for Public Services No. 005/CR/1998 was celebrated between its subsidiary Concessionária do Sistema Anhangüera-Bandeirantes S.A. and the State of São Paulo, represented by ARTESP – Agência Reguladora de Transportes do Estado de São Paulo. The TAM mentioned above aims to implement Complexo Jundiaí – SP330 (Jundiaí), an access device at Km 84+600, south lane – SP330 (Valinhos) and an access device to the Bairro Jardim São Francisco at Km 110, south lane – SP330 (Sumaré), for the total investments and costs amount of R$227,968,722.39 (two hundred twenty-seven million, nine hundred and sixty-eight thousand, seven hundred and twenty-two Brazilian reais and thirty-nine cents). The restoration of the balance in the economic and financial equation of the concession agreement, being a new investment, was made through the marginal cash flow methodology by extending the term of the Concession Agreement for 3 (three) months and 15 (fifteen) days.

On May 23, 2016, CCR S.A. informed its shareholders and the market in general that its subsidiary Rodovias Integradas S.A. (“CCR SPVIAS”) has executed the 19th Modification Amendment (“TAM”) to Public Service Concession Agreement 010/CR/2000 with the State of São Paulo, represented by ARTESP – São Paulo State Transportation Regulatory Agency. The object of said TAM is the duplication of the Rodovia João Mellão highway (SP-255), between km 254+280 and km 261+420 – the Avaré urban stretch, at a total investment cost of R$177,099,391.95 (one hundred and seventy-seven million, ninety-nine thousand, three hundred and ninety-one reais and ninety-five centavos). Because this is a new investment, the economic and financial rebalancing of the Concession Agreement took place through the marginal cash flow methodology by extending the term of the Concession Agreement by 10 (ten) months and 7 (seven) days.

On August 3, 2016, the 20th Modification Amendment (“TAM”) to Public Service Concession Agreement 010/CR/2000 was entered into between its subsidiary Rodovias Integradas do Oeste S.A. (“CCR SPVIAS”) and São Paulo State, represented by ARTESP – São Paulo State Transportation Regulatory Agency. The object of said TAM is the implementation of an access to Tatuí’s industries at Km 116+700 of Rodovia SP-127 (Rodovia Antonio Romano Schincariol), with investments and costs totaling R$15,500,264.20. Due to the addendum referring to new investments, the Concession Agreement’s financial balance was restored using the marginal cash flow methodology by extending the concession term by one (1) month and one (1) day.

On August 31, 2016, the Share Purchase Agreement was concluded and the effective transfer of 100% of the shares representing the capital stock of Serviços e Tecnologia de Pagamentos S.A. (“STP”) by CCR and other shareholders to DBTrans Administração de Meios de Pagamento Ltda was carried out.

On February 9, 2017, the Board of Directors approved a capital increase totaling R$4,070.6 million through the issue of 254,412,800 common shares at R$16.00 per share; the capital increase was financially settled on February 15, 2017. As a result, the Company’s shareholding structure is now as follows:

Shareholder Ordinary Shares %
Andrade Gutierrez (1) 300,149,836 14.86%
Camargo Corrêa (2) 300,149,832 14.86%
Soares Penido (3) 304,004,776 15.05%
Novo Mercado (Free Float) 1,115,695,556 55.23%
Total: 2,020,000,000 100.00%

On April 20, 2017, CCR informed its shareholders and the market in general that, after compliance with the conditions precedent provided for in the Agreement, CCR concluded the financial transaction for effective acquisition of fifteen percent (15%) of the shares issued by VIAQUATRO, previously held by OTPP.

On May 24, 2017, CCR informed its shareholders and the market in general that, after compliance with the conditions precedent provided for in the Share Purchase Agreement and Other Covenants, the Share Transfer Order was issued and will be sent to the custodian bank of VIARIO shares, containing the request for the transfer of thirty-three point thirty-three hundredths percent (33.33%) of VIARIO shares, held by OR, to CCR.

On January 19, 2018, the Special Bidding Commission, under International Bidding Process nº 02/2016, conducted by the State of São Paulo, under the Metropolitan Transportation Secretariat (STM), selected the commercial proposal prepared by Consortium VIAMOBILIDADE, composed of CCR, as the consortium leader (83.34%) and RUASINVEST PARTICIPAÇÕES S.A. (16.66%), for the operation of, under the concession of costly public services for transportation of passengers, Line 5 (Lilac) and Line 17 (Gold) of the São Paulo State subway, comprising the operation, maintenance, conservation, improvement, requalification, adequacy and expansion.

On October 1, 2018, CCR informed its shareholders and the market in general that, upon compliance with the precedent conditions, its indirect subsidiary CCR España Concesiones y Participaciones S.L.U., under the Stock Purchase and Sale Agreement entered into between SJO Holding Ltd., Airports Worldwide Holding B.V., OSI Penco Corporation and OMERS Strategic Investments Corporation, intermediated by the Company, concluded the indirect acquisition of, respectively, a 48.40% stake in Aeris Holding Costa Rica, S.A., concessionaire of the Juan Santamaria International Airport, and a 49.64% stake in Inversiones Bancnat S.A. (“IBSA”), holder of certain AERIS’ financial assets.

On November 1, 2018, CCR informed its shareholders and the market in general that the Commission responsible for the Bidding Process, under Invitation to Bid nº 01/2018, conducted by the Federal Government, under the Brazilian Agency of  Land Transportation (“ANTT”), selected the proposal prepared by Companhia de Participações em Concessões (“CPC”), relating to the concession for development of infrastructure and provision of public services for recovery, operation, maintenance, monitoring, conservation, improvement, expansion of capacity and maintenance of the service level of the Highway System, ViaSul.

On March 11, 2019, the Special Commission for International Competitive Bidding 01/2017 (“Bidding”), held by the São Paulo state government, through the Secretary of Metropolitan Transportation – STM (“STM”), announced that the bid submitted by Consórcio ViaMobilidade Linha15 (“CONSORTIUM”), formed by CCR, as the leader (80%) and RUASINVEST PARTICIPAÇÕES S.A. (20%), was the best commercial proposal, under onerous concession, to provide public passenger transport services in Line 15-Silver of the São Paulo subway network, with monorail technology, which comprises the following activities: operation, maintenance, upkeep, improvement and expansion.

On July 23, 2019, pursuant to CVM Instruction 358, of January 3, 2002, as amended, CCR S.A. informs its shareholders and the market in general that, on this date, its direct subsidiary CIIS – Companhia de Investimentos em Infraestrutura e Serviços held an interest equivalent to fifty point thirty-one percent (50.31%) in the capital stock of Concessionária do VLT Carioca S.A.

On July 17, 2020, it signed contractual agreements providing for the acquisition by the Company, subject to the compliance of specific suspensive conditions, of all equity interests held by Cesbe Participações S.A. and Porto de Cima Concessões S.A. in Rodonorte – Concessionária de Rodovias Integradas S.A. (“Rodonorte”), equivalent to, respectively, 7.34% and 5.45% of its equity capital. On August 31, 2020, the acquisitions were concluded and, as a result, the Company became the wholly owner (100 %) of RodoNorte’s capital stock.