EcoRodovias Infraestrutura e Logística (ECOR3) Company presentation summary

Corporate structure and geographic footprint

• Operates 22 toll road concessions across 15 countries, with a 6,200 km network in Italy and Brazil.

• Portfolio includes 12 highway concessions and one port asset in seven Brazilian states, covering over 5,000 km.

• Listed on B3 with a diversified ownership structure and significant free float.

Financial and operational performance

• Adjusted net revenue reached R$7.5 billion and adjusted EBITDA R$5.7 billion in the last 12 months (Mar/26).

• Net income for the period was R$708 million, with a CAGR of 20.7% in net revenue and 24.4% in EBITDA from 2021 to 2025.

• Net debt stood at R$22.2 billion with a leverage ratio of 3.9x as of March 2026.

• 72% of gross debt is inflation-indexed, and 69% is allocated to highway concessions.

Growth strategy and traffic dynamics

• Selective growth extended average portfolio duration from 10 to 22 years, adding eight assets in nine years.

• Traffic growth has consistently outpaced Brazil's GDP by 1.8x over the past 18 years, showing resilience even in downturns.

• Traffic volume increased 2.2% year-over-year to 65.4 million equivalent paying vehicles in May 2026.