Earnings release
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1 Promotora y Operadora de Infraestructura, S.A.B. de C.V. Announces Unaudited Third Quarter - 2025 Results October 24, 2025, Mexico City. Promotora y Operadora de Infraestructura, S.A.B. de C.V. (BMV: PINFRA), a company dedicated to the promotion, development, construction, financing, and operation of infrastructure projects in Mexico, announces today its unaudited results for the third quarter ended September 30, 2025. For the purposes of this document, and unless otherwise stated, variations in the figures refer to changes in the third quarter of 2025 compared to the same period in 2024. PINFRA is one of the leading companies in Mexico dedicated to the promotion, development, construction, financing, and operation of infrastructure projects. As of the date of this report, the Company holds 23 concession titles (following the completion of the sale of the Altamira Port Terminal on July 9 of the current year), comprising 30 toll highways — 26 of which are fully operational, one partially under construction, one under construction, one pending commencement of works, and one with an ongoing administrative procedure — as well as one bri dge operation contract and one electronic toll collection operation contract for FONADIN’s highway network. In addition to its core business, the company operates six plants that produce asphalt mixtures, as well as a construction segment primarily focused on the management and supervision of construction and maintenance projects for the toll highways under the company’s concession titles. Management Commentary "At PINFRA, we work for a more connected and competitive Mexico. Every project we develop aims to open new paths to growth, strengthen local economies, and improve the lives of millions of people. Our commitment to the country’s future remains stronger than ever.” - David Peñaloza Alanís, CEO.
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2 Relevant Events • IPM remained a PINFRA asset during the first eight days of the quarter, as its sale was completed on July 9 of the current year. Therefore, the revenues corresponding to those days were recorded in our accounting. This affects the comparability of this item v ersus what was reported for the same period in 2024. • In addition to the above, the gain from the sale of IPM shares to TIL is reflected in our results for this quarter. • We continue with the expansion works on the Armería–Manzanillo Toll Road, which began on November 16, 2022. The project involves widening the road from 4 to 6 lanes along 46 km and making improvements to sections of the Manzanillo Bypass. The total investment for the project is approximately MXN 4.0 billion. Completion is expected by June 2026. • Regarding the Michoacán Package: o On June 22, 2023, work began on the Michoacán Package in the presence of the Secretary of Infrastructure, Communications and Transportation (SICT). The project involves widening 22 km of the Pátzcuaro –Uruapan section (specifically Zirahuén – Zirimícuaro) from 2 to 4 lanes. The investment in this segment is MXN 1.55 billion. A partial opening took place on May 30, and the remaining section is expected to open in November 2025. o On November 17, 2023, construction was officially launched for the Uruapan –Nueva Italia section. This project represents an investment of MXN 6.5 billion. As of now, work is underway on 23 of the 65 km planned. Completion is expected by August 2027. • PINFRA was awarded the bid for the Macrolibramiento Sur Colima project, which will involve an estimated investment of MXN 5,298 million. The project consortium initially consisted of 50% PINFRA and 50% RECSA; however, on September 8, PINFRA announced the purchase of RECSA’s 50% stake, resulting in the company now holding 100% ownership of the project. The highway spans a total of 28.8 kilometers, with construction having commenced in June of the current year and an estimated completion date set for July 2026. • PINFRA also won the bid for the reconstruction and operation of the Rumbo Nuevo road, which includes the modernization of the existing 37 km route. Works began on May 15, with a projected investment of MXN 1.447 billion. Partial operations are expected to begin in November 2025. • In 4Q23, the second amendment to the Puebla Elevated Bypass concession title was signed. This amendment involves lane expansions and the construction of complementary works. Total investment includes MXN 530 million for the expansion and MXN 45 million for the underpass works. The consortium is split 49% for PINFR A and 51% for Aleatica. Construction is expected to begin in 4Q25 and last approximately 13 months.