Salvador Alemany. Chairman

Transcription

1 Salvador Alemany Chairman

2 Corporate Governance Economic and Social context Assessment of FY 2017 Stock market and shareholder reward Social Responsibility and future challenges

3 Composition of governing bodies Corporate governance 6 February 2018 RESIGNATION Francisco Reynés Massanet APPOINTMENT Fco. José Aljaro Navarro

4 Composition of governing bodies Corporate governance 9/15 Independent directors 40% female representation Directors from - Spain - France - Italy - USA - Portugal

5 Code of Good Governance Corporate governance 53/58 recommendations Proprietary directors: 9 independent and 5 proprietary directors Separation of the Appointments and Remuneration Committee: The majority of members and the Presidency are independent directors Hiring and remuneration: In accordance with the policy approved by the GSM in 2015

6 Change in Head Office Corporate governance Transfer of registered office Reasons of change

7 Corporate Governance Economic and Social context Assessment of FY 2017 Stock market and shareholder reward Social Responsibility and future challenges

8 Global situation Economic and Social context Improvement in behaviour of the economy Persistence of risk factors Concurrent global growth Necessary improvement in competitiveness Possible slowdown

9 European Union Economic and Social context Management of Brexit Rise in anti-eu movements Crucial years for the future of the EU

10 Spain Economic and Social context The economy recovers strength High unemployment rate Reduction in public deficit Continuity in economic reform process Increase in productivity

11 Our sector Economic and Social context Maturity of oldest concessions Need for a viable, sustainable and equitable model Extension of pay-per -use Public-private collaboration Application of more expansive measures U.S. infrastructure plan $ 1.5 Tn

12 Our sector Maturity of oldest concessions Need for a viable, sustainable and equitable model Extension of pay-per -use Economic and Social context Public-private collaboration Application of more expansive measures U.S. infrastructure plan $ 1.5 Tn Private investment in motorway networks Extension of contracts Review of charges

13 Our sector Maturity of oldest concessions Need for a viable, sustainable and equitable model Economic and Social context Public-private collaboration Application of more expansive measures U.S. infrastructure plan $ 1.5 Tn Extension of pay-per -use A win - win - win formula Private investment in motorway networks Extension of contracts Review of charges

14 Corporate Governance Economic and Social context Assessment of FY 2017 Stock market and shareholder reward Social Responsibility and future challenges

15 2017, a good year Assessment of FY = Motorways activity Economic recovery Business figures

16 2017, a good year Operating income 5,323Mn Assessment of FY % vs2016 Increase in traffic Increase in our perimeter Greater internationalisation

17 2017, a good year Assessment of FY 2017 EBITDA 3,480Mn +14% vs2016 Increase of our perimeter Incorporation efficiency measures Optimisation operational margins +7.7% like-for-like

18 2017, a good year Assessment of FY 2017 NET PROFIT 897Mn +13% vs % like-for-like

19 2017, a good year Assessment of FY 2017 > 3.6Bn in investment 100% stake in Sanef Increased stake of A4 Holding Plan Relance Motorways NH-44 NH-45

20 Autorización Hispasat Valoración ejercicio 2017 General meeting agenda. Point 6. Authorization to the Board of Directors of Abertis Infraestructuras, S.A. in order to perform the transfer of the shares owned by Abertis Telecom Satélites, S.A., a company wholly participated by Abertis Infraestructuras, S.A., in Hispasat, S.A.

21 Corporate Governance Economic and Social context Assessment of FY 2017 Stock market and shareholder reward Social Responsibility and future challenges

22 International markets 2017 Stock market and shareholder reward DAX +12.5% CAC % FTSE % S&P +19.4% Dow Jones +25.1%

23 Abertis on the stock market Stock market and shareholder reward /share May 2017 Atlantia announces takeover bid on Abertis 18 October 2017 Hochtief announces takeover bid on Abertis Market Cap 18.3 Bn Revaluation % +7.4 % Abertis IBEX 35

24 Shareholder reward Stock market and shareholder reward CAGR: 0.40/share Total dividend (paid up November 2017) 792M +10% 792 Accrued 0.80 /share 0.40 /share (20 March 2018) M Paid out 651 since % Annual yield % Cumulative yield

25 Corporate Governance Economic and Social context Assessment of FY 2017 Stock market and shareholder reward Social Responsibility and future challenges

26 Social Responsibility and future challenges CSR plan in each country Materiality analysis: new activities & new countries Promoting eco-efficiency & circular economy Equality opportunities and diversity Health & Safety at work

27 Social Responsibility and future challenges

28 Social Responsibility and future challenges

29 Social Responsibility and future challenges

30 VIDEO

31 Social Responsibility and future challenges globalisation ressources LIMITS CONNECTIVITY right moves takeover bids society public infrastructures history EFFORT good assets possibilities COMPETITIVENESS shareholders strenghts well-being REFERENTE Board criteria COMMITMENT capabilities private operator talent vision of the future wrong moves

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