Aenza A : Presentación Corporativa – 2023

February 2024

2023 Corporate Presentation

AENZA

Index

Index

01

AENZA Overview

02

Key Highlights

03

Transformation and Growth Strategy

04

Remarks

05

Appendix

2

AENZA

Overview

At a Glance

Leading Peruvian Conglomerate in Infrastructure, Energy, Real Estate, and Engineering & Construction

Company's Overview

Strong Presence in the LatAm Region

+90 years

Holding Company

Permanent Operations

in Peru, Chile, and Colombia

Experience in 12 countries

Operational excellence and recognized international experience

Consolidated Revenues 2023

USD 1,158 MM

Consolidated Adjusted EBITDA 2023

USD 218 MM

Backlog considering recurring businesses as of 2023 1

USD 2.0 Bn

Employees as of 2023

~12,000

CAPEX 2023

USD 64 MM

Listed in Lima Stock Exchange since 1997 3

USD 282 MM

Market Cap.2

Notes: (1) Backlog refers to expected future revenues for work performed under concession contracts (Infrastructure and Energy segments) for a three-year period. (2) As of February 22, 2024, and using end of day FX PEN/USD Rate of 3.80. (3) AENZA delisted from
NYSE in December 2023.	4

1 UNNA Infraestructura

Leading infrastructure platform in Peru with 10 years average remaining life of concessions

Main Companies

TRANSPORTATION

• Line 1 of the Lima Metro (2041) Concessionaire of Line 1 Railway (33 Km)
  Only urban railway system in Peru, ~520k daily passengers

ROADS

• Norvial (2028): Concessionaire of Red Vial 5 Highway (183 Km)
• Survival (2032): Concessionaire of Nazca-Cuzco Highway (~ 750 Km)
• Canchaque (2025): Conc. of the Bs As-Canchaque Highway (78 Km)

WATER PLANT

• La Chira (2037): Concessionaire for the construction, operation and maintenance of a wastewater treatment plant in Lima (28% of the water treated in Lima)

OPERATION & MAINTENANCE

• UNNA Transporte: Company that operates Peruvian roads and highways, including three private concessions and the Line 1 of the Lima Metro

USD 273 MM		USD 90 MM		USD 781 MM
Revenues 2023		EBITDA 20231		Backlog 2023
22% of AENZA Revenues		41% of AENZA EBITDA		35% of AENZA Backlog2

Note: (1) Adjusted EBITDA. (2) Backlog refers to expected future revenues for work performed under concession contracts (Infrastructure and Energy segments) for a three-year period.

5

2 UNNA Energia

Energy company with 40 years of experience, long-term contracts and limited exploration risks

Main Businesses

UPSTREAM SERVICES

Two oil block concessions: Block III (2015-2045), Block IV (2015-2045)

• +4,000 barrels of oil produced per day (2023)
• 10.7% share on national production (2023)
• 514 operating wells (2023)

NATURAL GAS PLANT

Gas processing plant owned by UNNA Energia since 2006 and design & built by AENZA. Supply for power generation and home gas supply

• 44 MM ft3 associated natural gas capacity per day
• 1,0 k barrels of LPG and condensates produced per day (2023)
• +90 M Peruvian households will be benefited with our natural gas

STORAGE & DISTRIBUTION

Operation of five fuel terminals in Peru (2014-2034)

• 2.7 MM bbl storage capacity
• 43,707 bbl/day dispatched in 2023
• Strategically located on the North and Centre coast of Peru

USD 184 MM		USD 64 MM		USD 677 MM
Revenues 2023		EBITDA 2023		Backlog 2023
15% of AENZA Revenues		29% of AENZA EBITDA		31% of AENZA Backlog1

Note: (1) Backlog refers to expected future revenues for work performed under concession contracts (Infrastructure and Energy segments) for a three-year period.

6

3 Real Estate

Real estate company focused on the development of affordable housing in Lima (capital) and provinces

Subsidiaries

VIVA

• Affordable housing (AH) projects under execution: Parques de Comas, Parques de Callao, Parques de Piura, Parques del Mar, among others
• AH clients receive a government subsidy (bonuses) that allows the client to complete downpayment and/or improve financial conditions, such as fixed interest rates through the whole loan term
• Major referent in the development, promotion, commercialization, and execution of projects
• 4,396 units to sell for the next 6 years in Parque Comas
• 8,728 units sold between 2015-2023
• Green Certification by Fondo Mi Vivienda due to the optimization of use of energy and water resources
• Green bonus: 100% of housing projects, which usually implies a reduction in the rate for the client loan
• USD 41 MM of Backlog as of 2023 (2% of AENZA Backlog)1

ALMONTE

• Subsidiary Viva Negocio Inmobiliario is developing the ALMONTE industrial center, which includes 7,000 sqm plots of land for small and medium-sizedindustries with a strategic location
• 10 plots of land to sell for the following 4 years (2024-2027)

USD 59 MM		USD 16 MM		USD 227 MM³
Revenues 2023		EBITDA 2023²
5% of AENZA Revenues		7% of AENZA EBITDA		Potential Sales Value as of 2023

Note: (1) In Real Estate only the sold units which are pending of delivery are reported as Backlog. (2) Adjusted EBITDA. (3) USD 160 MM correspond to Viva and USD 66 MM correspond to Almonte.

7

4 Engineering & Construction (E&C)

Leading E&C company in the Andean Region with c. 100% of its revenues from the private sector1 and more than 90 years of experience in the industry

Subsidiaries

CUMBRA

• Contracts: 49% of LAP (USD 510 MM), 49% of LAP (USD 110 MM), Buenaventura (USD 87 MM), GASNORP (USD 58 MM), Shopping Mall La Molina (USD 31 MM), Mancoraland (USD 95 MM)

CUMBRA Ingenieria

► Chinalco / Cerro Verde

• Provias
• Contratos Marco
• Regional Capacity (Pe, Chi, Co)

VIAL Y VIVES - DSD

• Contracts: 50% of Mina Spence (USD 50 MM), ENAP (USD 42 MM), Framework agreements with the BHP Group (construction works at the Escondida, Spence, and Cerro Colorado mines over the next five years), Minera Centinela (USD 18.5 MM)

Infrastructure

2,000+ km Constructed Highways

Mining 11+Process Plants

1,400+km Access Roads

Via Expresa Linea Amarilla	Norvial (Red Vial 5)	Electric Train Construction	Cerro Verde II	Las Bambas	Toromocho
Energy 17Hydropower Plants 2,000+kmTrans. Lines	Oil & Gas	1,400+ km of Oil and Gas Pipelines

Hydropower plant	Thermal Power Plant Fenix	Hydropower Plant	Talara Refinery	Principal Network	Melchorita
Cerro del Aguila	Power	Santa Teresa	Expansion	Expansion of Natural Gas	Natural Gas Plant
Water 7 Water Treatment Plants	Largest Irrigation Project1	Buildings	19 Hotels	15,000+ Residents Built

PTAR La Chira	La Tomilla II Drinking Water	Excess Water Treatment	Westin Lima Hotel &	Panorama Business Plaza	Larcomar Mall
	Treatment Plant	Plant (Antapaccay Mine)	Convention Center

MORELCO	USD 715 MM	USD 49 MM	USD 704 MM
Revenues 2023	EBITDA 2023	Backlog 2023
► Contracts: CENIT (USD 16 MM), Santa Monica - Ecopetrol (USD 213 MM)
	58% of AENZA Revenues	22% of AENZA EBITDA	32% of AENZA Backlog1

Note: (1) Backlog refers to expected future revenues for work performed under concession contracts (Infrastructure and Energy segments) for a three-year period.

8

Consolidated Financial Results

Results remain strong and continue to improve, including a significant reduction in financial debt

		Revenues (USD MM) and Backlog/Revenues 1,2					EBITDA (USD MM) and EBITDA Margin (%) ²
		2.1x	2.0x	2.0x		16.3%					18.8%
		1.8x	15.0%	15.1%	13.5%
	1.7x						12.7%
	1.6x						11.7%
1.4x
										218
								197
		1,232		1,153	1,158	171
				147				146
1,052	981		987			123
						116
	868

2017	2018	2019	2020	2021	2022	2023	2017	2018	2019		2020	2021	2022	2023
				Revenues		Backlog/Revenues								EBITDA		EBITDA margin
		Total Financial Debt (USD MM)							Net Leverage Ratio(x)

				3.6x
813				2.4x
590
487				1.4x
417	404	400	391
1.0x

1.4x

															1.1x
																0.6x
2017	2018	2019	2020	2021	2022	2023		2017	2018	2019	2020	2021	2022	2023
				Financial Debt									Net Leverage Ratio

Notes: (1) Backlog refers to expected future revenues for work performed under concession contracts (Infrastructure and Energy segments) for a three-year period. (2) Revenues and EBITDA do not consider Discontinued Operations and
Sold Assets.	9

Consolidated Financial Results

Financial Liabilities (USD MM)

	Q422	Q123	Q223	Q323	Q423
Working Capital + Leasing	23.4	35.8	36.5	33.3	31.2
Project Finance	255.2	253.6	256.9	247.2	249.0
Corporate Debt	-	6.9	8.0	8.0	8.0
Total Banking Debt	278.6	296.4	301.3	288.5	288.2
Bridge Loan	121.4	122.1	123.0	124.0	101.3
Total Financial Debt	400.0	418.5	424.3	412.5	390.5
Accounting record for the sale of economic right of Norvial	42.6	42.1	42.5	40.9	37.9
Leasings (IFRS 16)	15.5	14.5	16.8	16.8	14.8
Total	458.8	475.1	483.6	470.2	443.2

Financial Liabilities By Business Unit	Maturity of Financial Liabilities (USD MM)
	Norvial dividend monetization	161
	8%	140
Holding Company	Energy
27%
8%
	Real Estate
	5%	81
USD 443 MM	E&C	61
2%

Infrastructure

50%

Less than 1y

1y to 2y

2y to 5y

More than 5y

10