Capital Markets Overview

Concessions Q3 2021 Results Revenue higher by $13M, or 144%, quarter-over-quarter Primarily due to an increase in airport operations at the Bermuda International Airport Redevelopment Project compared to the third quarter of 2020, partially offset by lower construction revenue related to this project which was substantially completed in the fourth quarter of 2020. Q3 2021* Q3 2021 TTM* Revenue ($M) $9 +144% Revenue ($M) $22 $104 $83 +25% Q3 2020 Q3 2021 Q3 2020 TTM Q3 2021 TTM Adjusted EBITDAⓇ higher by $14M, or 175%, quarter-over-quarter Primarily related to the Bermuda International Airport Redevelopment Project and resulted from the above noted changes in airport operations Adj. EBITDA ($M) Adj. EBITDA ($M) $22 $63 $47 +175% +33% $8 Q3 2020 (88.9% margin) Q3 2021 (100.0% margin) Q3 2020 TTM Q3 2021 TTM (56.6% margin) (60.6% margin) Totals and variances may not add due to rounding and eliminations This is a non-GAAP financial measure. Refer to Section 4 "Non-GAAP And Supplementary Financial Measures" in the Company's Q3 2021 MD&A. ACCON 21 24

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