CCR S.A. (“Company”) (B3: CCRO3; Bloomberg: CCRO3 BZ; Reuters: CCRO3.SA) hereby informs that, on this date, the Addendum No. 04 to the Public-Private Partnership Agreement, in the form of Sponsored Concession CVL 010008/2013 (“Concession Agreement“), was signed between its indirect subsidiary Concessionária do VLT Carioca S.A. and the Municipality of Rio de Janeiro, through the Executive Sub-secretariat of the Municipal Finance and Planning Department and intervention and consent of the Urban Development Company for the Port Region Rio de Janeiro – CDURP (“Granting Authority”).
Addendum No. 04 has the purpose to: (i) redefine the implementation stages of the VLT (light train vehicle) and adjust the percentages of release of the Performance Guarantee, in addition to ensuring the obligation to carry out timely economic and financial re-balancing of the Concession Agreement; (ii) formalize the exclusion of the first section of Stage 3B; (iii) replace the responsible technician; (iv) formalize the possibility of hiring more than one company to carry out the collection and tariff sharing activities; (v) authorize other companies to carry out additional collection and tariff sharing activities; and (vi) fix the formula used to calculate the Equivalence Factor, in view of a material error in Annex 03 of the Bidding Notice.
The signing of the Addendum to the Concession Agreement concludes yet another important stage of CCR Group’s strategic planning, aimed at the qualified growth of its business and creating value to its shareholders.
The same information is available on the Company’s website, www.ccr.com.br/ri.
São Paulo, June 29, 2021.
Investor Relations Officer