THE AIRPORT THAT

RIO DESERVES Sandro Fernandes CCO RIOgaleao

AGENDA

THE CONCESSION 01

BRAZIL 02

RIO DE JANEIRO 03 RIOGALEÃO

TOM JOBIM INTERNATIONAL AIRPORT 04

2016 PROJECT 05

The

CONCESSION

ESTIMATED CAPEX:

R$5.2 BI

CONTRACT LENGTH:

25 years

CONTRIBUTION:

+

5% OF GROSS REVENUE

R$19BI

OPERATION, MAINTENANCE, AND EXPANSION

OF TOM JOBIM INTERNATIONAL AIRPORT

51% 49%

60%

40%

SHAREHOLDER STRUCTURE

ODEBRECHT ORGANIZATION

Infrastructure Energy Properties Ethanol

and Biofuels

Investments in

Latin America

Defense and

Technology

Transportation

and Logistics

Shipyards/

off-shore const.

Oil & Gas Real Estate Sanitation and

Water Treatment

Chemicals and

Petrochemicals

Largest International

Brazilian Organization

4th

YEARS OF INTL. OPERATIONS:

36

EMPLOYEES WORLDWIDE:

181k

GROSS REVENUE (2013):

US$

41.4BI

1st Airport

CHANGI

300 cities served

100 scheduled airlines

6,600 weekly flights

54.1MM passengers in 2014

6th busiest international

passengers airport in the world (2014)

PASSENGER TRAFFIC 2014: 54.1MM

AWARDS WON SINCE 1981: +470

GLOBAL PRESENCE

ODEBRECHT

CHANGI

BOTH

COLLECTIVE

INTERNATIONAL

PRESENCE

38 countries

BRAZIL

LARGEST COUNTRY AND

ECONOMY IN THE

SOUTHERN HEMISPHERE 1.6

2.1

2.5 2.2 2.2

2009 2010 2011 2012 2013

BRAZILIAN GDP US$ TRILLIONS

16.2

8.2

6.0

3,4

2.6

2.5

2.2

2.0

2.0

1.9

United States

China

Japan

Germany

France

United Kingdom

Brazil

Russian Federation

Italy

India

WORLD GDP RANKING (2012) US$ TRILLIONS

POPULATION 2012: +201MI

GDP 2013: US$2.2T

GDP RANKING, WORLD: 7th

Source: IBGE; World Bank

RAPID MIDDLE CLASS SOCIAL GROWTH:

MIDDLE CLASS IS STRONGER THAN EVER

60

70

80

90

100

110

2002 2004 2006 2008 2010 2012

Growth due to new entrants

Natural growth

MIDDLE CLASS GROWTH EVOLUTION (MI PEOPLE)

Source: Secretaria de Assuntos Estratégicos

+37MI PEOPLE

MIDDLE CLASS INCREASE LAST DECADE

8MI PEOPLE

DUE TO NATURAL POPULATION GROWTH

29MI PEOPLE

DUE TO ENTRY OF PEOPLE TO MIDDLE CLASS

Brazilian Aviation Market

2014

680

21

208

187

Potential

0.5 travels/inhabitant (1) 1.7 travels/inhabitant (2)

(1) – Average current travels/inhabitant in Brazil

(2) – Average travels/inhabitant in mature countries

Source(2): Study of the Air Transport sector in Brazil – 2010 – McKinsey&Company/BNDES

NUMBER OF PASSENGERS

233% MM

RIO DE JANEIRO

PLACE TO VISIT IN 2013 AS PER THE NEW YORK TIMES

LARGEST GDP IN THE COUNTRY (REPRESENTS 11.2% OF BRAZIL’S GDP)

LARGEST METROPOLITAN AREA IN SOUTH AMERICA

NATURAL LANDSCAPES

AND TIMELESS

LANDMARKS MAKE

OF RIO THE

TOURIST’S CHOICE

ANNUAL DOMESTIC PASSENGERS +20MM

ANNUAL INTERNATIONAL PASSENGERS +4MM

20 19 19 16 15

12

Chile Argentina Russia Mexico Rio de Janeiro

Brazil

0% to 1%

1% to 5%

5% to 10%

10% to 30%

above 30%

GDP per State

BRAZIL’S GDP REPRESENTED BY RIO

11% INCOME CONTRIBUTOR

IN BRAZIL

2nd

Buying Power GDP per Capita (2012) | US$ K

Source: IBGE; World Bank; EIU; IHS *according to the 2010 census.

Rio de Janeiro

STRONG AND

INFLUENTIAL ECONOMY

MAJOR INVESTMENTS

DRIVEN BY OIL & GAS

Oil & Gas

US$143BI

Manufacturing

US$41BI

Urban mobility

US$12BI

Olympics

US$10BI

Infrastructure

US$38BI

Tourism

US$4BI

Others

US$1BI

Source: FIRJAN

Expected investments on Rio de Janeiro

US$249BI

Leisure Rio de Janeiro - RJ

1st

Business Rio de Janeiro - RJ

2nd

Cities most visited by foreign tourists (2012)

Countries Brazil

7th

Brazil Rio de Janeiro - RJ

1st

RANKING ICCA (2012) | Top International Event Hosting Destinations

63% 66% 67%

74% 79% 77%

72%

2007 2008 2009 2010 2011 2012 2013

NEW HOTELS UNTIL 2016 +85

HOTEL ROOMS UNTIL 2016 +17 k

Hotel occupation rates STRONG EXPECTED

LEISURE MARKET

INTERNATIONAL EVENTS

HOSTING DESTINATION

ATTRACTIVE TOURIST

DESTINATION

RIOGALEÃO TOM JOBIM INTERNATIONAL AIRPORT

Largest airport

in Brazil

1st Aircraft maintenance station for Code C, D, E & F

First airport in the country authorized to operate flights F. Code aircraft

2 independent runways with the longest runway in Brazil (4,000 m)

Terminal 1 and 2 are 316,175 m²

Airport area of 17 MM m²

PAX in 2014

17MM

Yearly average

passenger growth

14% in the last 10 years

Dist. from downtown

20km

Cities served

50 in more than 20 countries

Busiest international

airport in Brazil

2nd

Busiest domestic

airport in Brazil

Busiest cargo

airport in Brazil

4th 4th

THE AIRPORT WITH THE MOST VISIBILITY

DURING THE WORLD CUP AND OLYMPICS

PASSENGERS (2014)

17MM

EXPECTED PASSENGERS (2039)

+80MM

PASSENGERS (2015)

Destinations Domestic

28 International

28

Airlines Domestic

5 International

24

Men 51%

Women 49%

[NOME DA

CATEGORIA]

[NOME DA

CATEGORIA]

TRAVELER

PROFILE

RIOGALEÃO

BUSINESS

TRAVELERS

36%

LEISURE

TRAVELERS

64%

YOUNG

TRAVELERS

55%

DWELL TIME DOMESTIC

1H26 INTERNATIONAL

2H02

NATIONALITIES

FIRST/

BUSINESS

CLASS

TRAVELERS

Source: Passenger Research/ FIPE 2014

6%

COLLEGE

DEGREE

OR ABOVE 75%

USE THE

AIRPORT MORE

THAN 3 TIMES A

YEAR 46%

PASSENGER EXPERIENCE UPGRADES

Hi-speed

internet on all

terminals

New website

and social

media profiles

New call center Expansion of

customer service

channels

Wayfinding

improvements

Recycling

program

Nursery

modernization

Electric system

improvements

Security

improvements Parking

Facilities

expansion

44 New

commercial

establishments

New international

and domestic

routes

2016

PROJECT

COMMERCIAL

SPACE PROGRAM

DUTY FREE

3,118

726 1214

8.107

+160%

2012 2016

SPECIALTY RETAIL F&B

1,880

107 341

2016

8.035

2012

+327%

2,011

115 377

2012

8.887

+342%

2016

The space program is determined by a range of area (m²) and the volume of domestic and international passengers.

Store location and tenant mix are driven by the passenger flow. m2/millions

of passengers

Total Area (m²)

DEPARTURE LEVEL

International Domestic

MEZZANINE

Core Duty Free P&C L&T

Local Brands

Food & Beverage

Luxury Brands

Food & Beverage

Duty Paid

Local Brands

PIER

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3 positions to A380 and 747-800

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