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TAR - the result of the auction for the concession of the tunnel that will connect the cities of Santos and Guarujá, on the coast of São Paulo in Brazil

Company: Mota-Engil Date: 2025-09-09 Language: English Register to download

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## **MOTA-ENGIL INFORMS ABOUT THE RESULT OF THE AUCTION FOR THE CONCESSION OF THE TUNNEL THAT WILL CONNECT THE CITIES OF SANTOS AND GUARUJÁ, ON THE COAST OF SÃO PAULO IN BRAZIL**

MOTA-ENGIL S.G.P.S., S.A. ("MOTA-ENGIL "), following a request of CMVM, confirms that on 5th of September, through its subsidiary MOTA-ENGIL LATAM PORTUGAL, S.A., won the auction for the award of the Concession of the tunnel that will connect the cities of Santos and Guarujá, on the coast of São Paulo in Brazil.

We reinforce, however, that **this is only the first phase of a process leading to the award and subsequent signing** of the contractual documentation, which is expected to take place by the end of this year.

The concession, with an investment amounting to around 8.0 billion *reais*, equivalent to 1.255 billion euros, of which up to 5.8 billion *reais* will come from public contributions divided equally between the government of São Paulo and the federal government, with the rest being the responsibility of the concessionaire company, will last for 30 years.

Oporto, September 9 th, 2025

## **THE REPRESENTATIVE FOR THE MARKET RELATIONS**

LUÍS SILVA