Aguas Andinas (AGUAS) Corporate presentation summary

Company profile and market position

• Provides drinking water, sewerage, and wastewater treatment to about 8 million people, including commercial and industrial clients.

• Largest water, sewerage, and wastewater treatment company in Chile and a major player in Latin America.

• Over 160 years of history, with strong ESG commitment and high credit ratings (A- S&P, AA+ Fitch/ICR).

• Listed on the Santiago Stock Exchange, with Veolia as the main shareholder (50.10%).

• Operates under a regulated market with 96% of urban customers supplied by private companies.

Operational and financial performance

• 2023 EBITDA reached USD 337 million, with a net financial debt/EBITDA ratio of 3.69x.

• 2023 revenues were USD 679 million, with potable water and wastewater as main contributors.

• Capex in 2023 was USD 133 million, focused on infrastructure and sustainability.

• Free cash flow generation has supported stable leverage and ongoing investments.

• 6M2024 EBITDA grew 2.8% year-over-year, with net income up 2.8% and a margin of 50.9%.

Climate change and resilience strategy

• Faces challenges from extreme turbidity events and prolonged droughts impacting water supply.

• Invested in backup infrastructure, water efficiency plans, and collaborative agreements for water security.

• Launched the Biociudad strategy, focusing on resilience, new water sources, and nature-based solutions.

• Over USD 265 million invested in climate adaptation projects by 2023, with USD 767 million planned.