MATERIAL FACT

ECORODOVIAS INFRAESTRUTURA E LOGÍSTICA S.A.

ECORODOVIAS CONCESSÕES E SERVIÇOS S.A.

Publicly Held Company

Publicly Held Company

Corporate Taxpayer (CNPJ/MF) ID. 04.149.454/0001-80

Corporate Taxpayer (CNPJ/MF) ID.

08.873.873/0001-10

ECORODOVIAS INFRAESTRUTURA E LOGÍSTICA S.A. ("Company" or "Ecorodovias") and its direct subsidiary ECORODOVIAS CONCESSÕES E SERVIÇOS S.A. ("ECS") in compliance with article 157, paragraph 4, of Federal Law 6,404/76, as amended, and Resolution 44/21 of the Securities and Exchange Commission of Brazil, hereby inform their shareholders and the market that ECS won the International Tender related to Concession Notice 01/2022 of the National Ground Transportation Agency ("ANTT"), to operate for 30 years from the date of execution of the term of enrollment and transfer of assets ("Assumption Date"), the Rio de Janeiro (RJ) - Governador Valadares (MG) Highway System ("Rio Valadares System"), consisting of the BR-116/465/493/RJ/MGhighways, including the Metropolitan Arch of Rio de Janeiro and the stretch of Serra de Teresópolis, spanning a total of 726.9 km.

ECS presented a detailed, complete offer that was in line with all technical, economic and investment requirements of the tender and which included a discount of 3.11% on the Basic Toll Tariff established by ANTT.

After the deadlines for filing appeals regarding the documents submitted, the tender results will be ratified and adjudicated by ANTT, with a consequential convocation to sign the concession agreement.

The Rio Valadares System will generate EBITDA from the start of the concession, improve the Company's leverage in the short and mid-term and increase the duration of its asset portfolio. The terms of the victory demonstrate clearly the Company's commitment to growth with sustainable returns, financial discipline and generation of value for shareholders. Winning this asset is aligned with Ecorodovias' strategy of focusing on highway concession assets. Including this concession in its portfolio, the Company will manage a network of 4,100 km under concession, becoming the largest manager of highway assets in Brazil in terms of length.

The concession agreement has important innovations aligned with the best Environmental, Social and Governance (ESG) practices, notably: (A) Environmental: the implementation of a Zero Carbon Program to neutralize the greenhouse gas emissions from the operations of the future concessionaire in the highway system and the implementation of a toll collection system without physical barriers (Free Flow) on a stretch of the concession to ensure smooth traffic and reduce environmental pollution. (B) Social: implementation of a highway user safety program focused on reducing accidents and fatalities on highways, construction of three escape ramps in the stretch of Serra de Teresópolis, implementation of a connectivity system throughout the concession stretch for communication between users and customer service, construction of two rest areas for truck drivers, and regional development through an estimated generation of over 154,000 jobs (direct, indirect and income effect); and (C) Governance: the concession agreement includes clauses with mechanisms for settling disputes: amicable resolution of conflicts, arbitration, dispute board, compliance with the Performance Standards of the International Finance Corporation, greater transparency in related-party transactions and the requirement that the concessionaire be listed as a publicly-held company, registered with the Securities and Exchange Commission of Brazil within two years from the Assumption Date.

Ecorodovias reaffirms its commitment to its obligations as a publicly held company listed on the Novo Mercado segment of B3, and will disclose all and any material information in accordance with applicable laws.

São Paulo, May 20, 2022.

Marcello Guidotti

Chief Executive Officer, Chief Financial Officer and Investor Relations Officer

Ecorodovias Infraestrutura e Logística S.A.

Ecorodovias Concessões e Serviços S.A.

+55 (11) 3787 2683/2612/2681

invest@ecorodovias.com.br

http://www.ecorodovias.com.br/ri

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EcoRodovias Infraestrutura e Logística SA published this content on 20 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2022 20:35:02 UTC.