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Colas Regulatory Filings 2022

Jan 6, 2022

1214_iss_2022-01-06_85e52caf-e293-4f49-b8e8-37e97ee4227c.pdf

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Paris, January 6, 2022

Colas secures multi-year Maintenance and Response Contract for Area 9 in the UK

Colas Ltd, a subsidiary of Colas in the United Kingdom, has been awarded an 8-year Maintenance and Response contract by National Highways for Area 9, with a total contract value of around €400 million.

The Area 9 contract covers the motorway and trunk road network within central England (Herefordshire, Worcestershire, Warwickshire, Staffordshire and Shropshire as well as parts of Gloucestershire, Derbyshire and Leicestershire), for a total lane length of around 3,760 km. The region includes five strategically critical motorway interchange junctions and is at the heart of the new HS2 high-speed rail network.

Colas Ltd will deliver cyclical maintenance, reactive maintenance, incident response, severe weather response, and minor works. The contract begins on July 1, 2022.

With its long-established base in the Midlands, Colas Ltd brings strong local knowledge, supported by the global expertise of the Colas Group. As part of the contract, the company has committed to implementing a clear carbon reduction plan to significantly reduce the carbon footprint of operations from day one. Colas Ltd also has a well-established track record of Social Value plans that are aligned to local strategic requirements.

National Highways Regional Operations Director for the Midlands, Andrew Jinks explains: "Our roads are among the safest in the world and partnerships like this help to maintain the high standards that we set ourselves and our partners. By working more closely with our supply chain partners on routine maintenance, repairs and incident response, we're able to work more effectively, identifying innovative ways of working and provide the best possible quality of service to road users. We are delighted that Colas has been awarded this contract and look forward to working with them, driving improvement and strengthening our regional expertise."

Carl Fergusson, CEO of Colas Ltd, adds: "Everyone at Colas is delighted that we are continuing to build on our successful relationship with National Highways with this new, significant, contract award. We are looking forward to establishing a highly effective collaborative working relationship in Area 9 with National Highways and our supply chain partners as part of the contract, and in working towards the common goal of reducing carbon emissions to achieve net zero."

Colas (www.colas.com)

Colas, a subsidiary of the Bouygues Group, has one mission: to imagine, build and maintain sustainable transport infrastructure. Backed by a network of 800 construction business units and 3,000 material production units in more than 50 countries on five continents, the Group's 55,000 employees act locally to connect communities and foster exchanges for today and tomorrow. Colas' ambition is to be the world leader in innovative, sustainable mobility solutions.

In 2020, consolidated revenue at Colas totaled €12.3 billion (55% outside of France).

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