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Investor Presentaiton

PANORAMA OF THE PRIVATE SECTOR'S PARTICIPATION IN SANITATION 2021 A NEW SOCIAL AND ECONOMIC FRONTIER FOR BRAZIL The path of sanitation development to- wards universalization has been a long one. However, since 15 July 2020, when Law 14,026/2020 was passed and published, with a new sanitation milestone, compa- nies operating in the sector have got an im- portant ally. Achieving universalization of water and sew- age services in the country in the medium term has become much more tangible as, after three decades of delay and three years of discussion in Brasilia, a new reality for the sanitation sector is now being constructed. Sanitation has become a priority. The change that will increase the sector's investments is under way. There is a frontier to be explored, and the private sector will play a key role in this effort for universalization. Today, considering the recent auctions of Casal, Sanesul, Cariacica and Cedae, pri- vate operators directly or indirectly serve 17% of the population. We expect them to reach at least 40% by 2030. The impact of this long-awaited evolution of sanitation will have an important effect upon the economy. The sector will drive the country's economic recovery after the health crisis, in job creation and in investments. GRAPH 9 Investment provided for by the National Sanitation Plan Basic (Plansab) X Investment made Source: Plansab e SNIS 38% Investments Made BRL 29 billion Planned investments that were not made BRL 44 billion Total investments forecast for 2018 and 2019, in order to reach universalisation in 2033, according to Plansab: BRL 77 billion GRAPH 10 Evolution of investments (BRL billion) x GDP growth (%) - 2003 to 2019 The challenge of universalization Service deficit to the Scarcity of population The shortage of sanitation services is grave: it affects some 48% of the popula- tion, which works out at 101 million people, who do not have sewage coverage, and 16% who do not have water supply. This means that some 34 million people do not have drinking water in their taps, according to a study conducted by KPMG 1 study in partnership with ABCON SINDCON. investments The KPMG/ABCON SINDCON study points out that the recent investments made in sanitation were not enough to meet the goals set by Plansab - National Sanitation Plan, which means less coverage and fewer work projects, thereby generating a deficit that accumulates over time. (1) How much does it cost to universalize sanitation in Brazil, updated version, 2021 40 Source: SNIS and IBGE 5.8 4.0 3.2 7.5 GDP change Investment 6.1 15.6 5.1 14.4 12.8/13.0 4.0 11.7 12.6 12.8 3.0 13.0 3.5 13.1 11.5 11.0 1.9 1.0 1.3 1.1 0.5 9.0 1.1 8.6 7.4 6.7 7.0 6.2 -0.1 -3.6 n 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 Distribution of Investments Made between 2003 and 2019, by Brazilian regions CO S 9% 15% SE 54% NE 18% N 4% 41
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