Signing of direct contracts with controlled companies

Odinsa SA, a Grupo Argos SA concessions company, dedicated to the development and execution of road and airport projects both in Colombia and abroad, informs that today, based on the authorization granted by the Board of Directors on 18 December, entered into a mutual agreement as a borrower, with the subordinate company Concesión Túnel Aburrá Oriente SA, as lender, for a value of COP $ 35,516,000,000 and a term of thirteen (13) years. The purpose of the loan is to meet the liquidity needs of the company and its financial effect is to strengthen the capital structure of Odinsa S.A. As a guarantee of this loan Odinsa S.A. issued a blank promissory note with letter of instructions.