Capital Markets Overview slide image

Capital Markets Overview

Valuable Concessions Portfolio Passenger departures, billions per year 15 10 L 0 Bermuda L.F. Wade International Airport 100% equity ownership and concession New terminal opened on December 9, 2020 Global Air Passenger Departure Forecast^ 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 30 year operations and maintenance concession to 2047 Canadian LRTS 30 year maintenance concessions on Eglinton, Finch and Waterloo LRTS Availability-based payments with no revenue risk from provincial transit counterparties Proven team currently bidding on Canadian transit projects in procurement Pre-COVID baseline forecast New Baseline forecast -Pre-COVID departures 2021 DFNI Americas Award for the Most Supportive Approach to Retail for Skyport* Bermuda and key US and UK source markets' vaccination timelines are ahead of the global average State-of-the-art airport allows for best-in-class health protocols and US pre-clearance for safe and predictable travel experience More stable domestic and corporate travel base with less than 50% of traffic linked to tourism specifically ACCON ^ Source: www.iata.org Skyport is responsible for the Bermuda L.F. Wade International Airport's operations, maintenance and commercial functions and is 100% owned by Aecon Concessions • • Gordie Howe International Bridge 30 year operations and maintenance concession Availability-based payments with no revenue risk from Canadian Federal Government P3 Bulletin GOLD award for 2020 ESG Performance of the Year 10
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