Earnings release
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Promotora y Operadora de Infraestructura, S.A.B. de C.V. announces Unaudited Results for the Close of the Third Quarter of 2026 Mexico City, October 22, 2026. Promotora y Operadora de Infraestructura, S.A.B. de C.V. (BMV: PINFRA), a company engaged in the promotion, development, construction, financing and operation of infrastructure projects in Mexico, announces today its unaudited results for the third quarter ended September 30, 2026. For the purposes of this document, and unless otherwise indicated, the variation in figures refers to changes in the third quarter of 2026 compared with the same period of 2025. PINFRA is one of the leading companies in Mexico engaged in the promotion, development, construction, financing and operation of infrastructure projects. As of the date of this report, the Company holds 23 concession titles (as the sale of the Altamira Port Terminal was completed on July 9, 2025) comprising 30 toll roads (26 of which are in full operation, 2 in partial construction stage, one in construction stage and one with a pending procedure), one bridge operation contract and one electronic toll collection operation contract for the FONADIN toll road network. In addition to its core business, the company has 6 plants that produce asphalt mixes, as well as a construction segment focused primarily on the management and supervision of the construction and maintenance projects of the toll roads under the company's concession titles. Comments from the Chief Executive Officer “In 3Q26, PINFRA continued advancing in the execution of its projects and maintained a solid financial position to sustain its investment plan. We continue executing with financial discipline and a long-term vision for Mexico.” - David Peñaloza Alanís, Chief Executive Officer of PINFRA. 1
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Relevant Events Beginning this quarter, the comparison of revenues against the same period of the prior year is no longer materially affected by the deconsolidation of IPM. The sale of IPM (Altamira Port Terminal) was completed on July 9, 2025, so 3Q25 includes only a few days of its results and the effect on comparability is minimal. However, the items that reflect the gain on the sale of IPM in 3Q25 (EBITDA, operating income, net income and cash flow generated from operations) are not comparable with those of this quarter. Mexico's Ministry of Infrastructure, Communications and Transportation (SICT) formalized, effective June 5, 2026, the amendment to the concession title of Concesionaria de Autopistas de Michoacán (Nueva Italia–Lázaro Cárdenas section). This amendment consists of widening the road from 2 to 4 lanes over approximately 80 kilometers, for which an investment of Ps. 6,375 million is estimated. The funding of this investment is being carried out through a combined scheme that includes: (i) a toll rate increase for freight vehicles on the Uruapan–Nueva Italia–Lázaro Cárdenas section; (ii) an agreement with the SICT under which, while the investment and its corresponding return are being recovered, the concessionaire may allocate to this purpose the proceeds from the revenue-sharing arrangement established in the concession title, with the original scheme resuming once the investment and its return have been recovered; and (iii) the subscription of rights to FVIA's CBFEs, in which PINFRA participated mainly with capital. We continue with the widening works on the Armería-Manzanillo toll road, which began on November 16, 2022. These works consist of widening the toll road from 4 to 6 lanes over 46 km, as well as building improvements on sections of the so-called Libramiento Manzanillo. The investment for all works to be carried out in this project will be approximately Ps. 4,000 million. The main works are expected to be completed in October 2026, with the construction of complementary works continuing. Regarding the works on the Paquete Michoacán: o On June 22, 2023, the works on the Paquete Michoacán project began in the presence of the Secretary of Communications and Transportation of the SICT. The work consisted of widening from 2 to 4 lanes over 22 km of the Pátzcuaro – Uruapan section, in the Zirahuén - Zirimícuaro stretch. The investment in this section of the project represented Ps. 1,683 million. To date, the 22 km of the section have been completed and are in operation. o On November 17, 2023, the official start of construction was given on the Uruapan – Nueva Italia section. The works on this section represent an investment of Ps. 6,500 million. Completion of this work is expected for August 2027. 2