Material Fact – Metrô Bahia – Signature of Amendment No. 09
Material Fact – Metrô Bahia – Signature of Amendment No. 09
MATERIAL FACT
CCR S.A. (“Company”) (B3: CCRO3; Bloomberg: CCRO3 BZ; Reuters: CCRO3.SA) announces the execution, on this date, of the 9th Amendment to Concession Agreement 01/2013 of Public-Private Partnership in the form of Sponsored Concession for the Implementation and Operation of Salvador and Lauro de Freitas Subway System (“Concession Agreement”) between its indirect subsidiary Companhia do Metrô da Bahia (“Metrô Bahia”) and the Bahia State Government, through the Urban Development Department – SEDUR (“SEDUR”), with Companhia de Transportes do Estado da Bahia (“CTB”) and Agência de Fomento do Estado da Bahia S.A. (“DESENBAHIA”) (“Granting Authority”) as the consenting intervening parties.
The purpose of Amendment 9 is to: (i) include the interface and integration activities, as a responsibility of Metrô Bahia in the Concession Agreement, required to implement Stretch 3 of Line 1 (which is under the responsibility of the Granting Authority) with the already existing infrastructure in Salvador and Lauro de Freitas Subway System; (ii) establish, as a counterpart, the economic and financial re-balancing of the Concession Agreement, in the historical amount of R$6.2 million, to be paid by the Granting Authority in quarterly installments; (iii) redefine the implementation guidelines for the second bus exit at the Pirajá Integration Terminal and the amount to be paid for said infrastructure; and (iv) include the possibility of the Granting Authority to request Metrô Bahia to carry out studies related to the Salvador and Lauro de Freitas Subway System, which may result in additional investments to be incorporated into the Concession Agreement at the discretion of the Granting Authority.
The signing of the 9th Amendment reflects Grupo CCR’s respect for its partnership with the Bahia State Government and its commitment to developing infrastructure in the state.
Click here to access the full document.
São Paulo – December 27, 2021.
CCR S.A.
Waldo Perez
Investor Relations Officer
IR CONTACT
Phone: (11) 3048-5941 / 5955 / 6353 / 2108
Email: invest@grupoccr.com.br
Website: www.ccr.com.br/ri
