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Investor Presentaiton

Other Topics In 2019, the Company and its subsidiaries Cart and Metrôbarra held General Debenture Holder Meetings (AGD) so that the early maturity of debentures would not be declared. The necessity for waiver of debenture holders occurred after the rating reviews carried out on February 11, 2019 by the risk rating agency S&P Global Ratings, namely: ■From 'B' to 'CCC+': issuer ratings on Invepar Global scale; ■ From 'brA-' to 'brBB-': nationwide issuer ratings for Invepar and its subsidiaries Cart and Metrôbarra, and for the 3rd and 4th debentures issues for Invepar, the 2nd for Cart and the 3rd for Metrôbarra. Cart -Auto Raposo Tavares Concessionaire Contents Message from the CEO Message from the Board Covid-19 About this Report Invepar Invepar Management Economic and Financial Performance Invepar Performance Revenues Costs and Expenses EBITDA Results Cash Flow and Indebtedness Other Topics Investments and Divestments Credits GRI Index | 120 2019 AR invepar
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