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Mexico City, Mexico July 15, 2020.- Aleatica S.A.B. de C.V. (the “Company” or “Aleatica in Mexico”) informs the market that its Board of Directors has appointed Ruben López Barrera as its new CEO, effective August 3, 2020.  The appointment follows the acceptance of the resignation tendered by Mr. Sergio Hidalgo Monroy Portillo as its CEO and member of the Board of Directors, effective July 31st, 2020.

Mr. López has over 20 years of experience in the infrastructure and concessions industry. His prior experience includes a successful career at Grupo ICA in Mexico, where he held several senior roles that allowed him to develop a broad set of experiences that will be critical for his position at Aleatica in Mexico.  Previously, Mr. López served as the CEO of the OMA (Grupo Aeroportuario del Centro Norte).

Regarding Mr. Lopez’s appointment, Mr. Daley, the CEO of Aleatica SAU (“Aleatica”) and chairman of the Company’s Board of Directors, stated that “Ruben has the right experience and a clear alignment with Aleatica’s strategy going forward.  His leadership will be instrumental in progressing the transformation of the company into a pure operator of infrastructure assets, with a genuine focus on exceeding the expectations of our customers, while conducting business in a sustainable and transparent manner”.

Regarding Mr. Hidalgo’s tenure at the company, Mr. Daley commented: “Since IFM Investors acquired Aleatica as a global infrastructure concessions platform, becoming the controlling shareholder of Aleatica in Mexico, Sergio has played an important role and implemented changes to transition the Company to a standalone, pure infrastructure concessions platform. We are thankful for his contributions.”

During the last two years, Aleatica has adopted five pillars as its corporate priorities: safety, sustainability, excellence in service, corporate integrity (through transparency and robust corporate governance) and caring for its world-class team. In Mexico, the Company has made significant progress in each of these five pillars by developing multidisciplinary programs with robust accountability mechanisms. The Company and its programs across different assets have been recently recognized as best in class by reputable organizations in several categories, including safety and corporate integrity.

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