1 JANUARY 2015 INSTITUTIONAL PRESENTATION
2 CONTENTS PROFILE 3 SDC INVESTIMENTOS IN FIGURES 9 CONTACTS 12
3 PROFILE WHAT WE DO SDC Investimentos is a holding company with participations in the construction area and specialized in the areas of infrastructure concessions and real estate. The experience and the know-how acquired, resulting from a significant and longstanding presence in these areas, enhance the value of assets under management and the development of new investment opportunities. WHO WE ARE Under the terms of the shareholder agreement signed with GAM Holdings in the transaction capitalization of Soares da Costa Construção, SGPS, SA, the brand "Soares da Costa" is now used exclusively by this company and its subsidiaries, therefore at the general meeting of shareholders that took place in May 27, 2014, we proceeded to change the name of Grupo Soares da Costa SGPS, SA to "SDC - Investimentos, SGPS, SA, as proposed by the board of directors and unanimous approved by the general meeting.
4 PROFILE OUR MAIN SUBSIDARIES/ PARTICIPATED COMPANIES Construction: Soares da Costa Construção SGPS, SA (33.33%) Concessions: Scutvias, SA (33.33%) Autoestradas XXI, SA (46%) CPE Companhia de Parques de Estacionamento, SA (100%) Costaparques - Estacionamentos, SA (100%) Real estate: Ciagest - Imobiliária e Gestão, SA (100%) Soarta Soc. Imob. Soares da Costa, SA (100%) Navegaia - Instalações Industriais, SA (100%) Mercados Novos - Imóveis Comerciais, Lda (100%) Cais da Fontinha - Investimentos Imobiliários, SA (100%)
EQUITY METHOD FULL CONSOLIDATION INSTITUTIONAL PRESENTATION 5 PROFILE OUR STRUCTURE (main companies and accounting regimes) SDC Imobiliária SGPS SA 100% 100% SDC Concessões SGPS SA 100% 100% 100% Ciagest Soarta Navegaia 100% 100% 75% CPE Costaparques SDC Hidroenergia 100% Cais da Fontinha 33.33% 46% Scutvias Autoestradas XXI 33.33% Soares da Costa Construção SGPS SA
6 PROFILE OUR SHAREHOLDERS STRUCTURE As of 3.6.2014: Free float 33% Parinama 7% Investifino 60% OUR CORPORATE BODIES Audit committee: António da Silva Neves (Chairman), Carlos Sousa Góis and Jorge Ledo Chartered Accountant: Deloitte & Associados, SROC S.A., represented by António Amaral and Paulo Silva Gaspar (substitute)
7 PROFILE Our corporate bodies (cont.) Remuneration committee: João Vieira de Almeida (Chairman), Martim Fino and João Pessoa e Costa Board of directors: António Gomes Mota (Chairman), Investifino Ltd that nominated José Manuel Fino to hold office on his own behalf, António Castro Henriques, Gonçalo Andrade Santos, Jorge Grade Mendes and Manuel Alves Monteiro Executive committee: António Castro Henriques (CEO) Gonçalo Andrade Santos and Jorge Grade Mendes
8 PROFILE SDC INVESTIMENTOS SHARES Pursuant to Article 4, paragraph 3 of the bylaws, the capital of SDC Investimentos, is represented by hundred and sixty million (160,000,000) shares to bearer, divided into two categories shares, reciprocally convertible by resolution of the general meeting, and both admitted to listing on NYSE Euronext Lisbon: Denomination SDC Investimentos, SGPS, SA SDC Investimentos, SGPS, SA - Preferenciais Type of share Ordinary Preferred non voting Currency EUR EUR Amount admitted to trading 159 994 482 5 518 ISIN / Euronext Code PTSC00AE0004 PTSC00VE0009 Central Code SCO AE SCO VE Trading Ticker SDCAE SDCP
9 SDC INVESTIMENTOS IN FIGURES IN 2013: Turnover 135 million Euros (1) EBITDA 37.2 million Euros EBITDA margin 27.6% EBIT -17.4 million Euros (2) Financial results Net earnings from discontinued activities -24.6 million Euros +7.5 million Euros (3) (1) Turnover does not include any contribution from the construction business area, as detailed in the following slide (2) Includes 33.6 million Euros of impairment losses (3) Corresponds to the yearly performance of the construction business area, complemented by the result inherent in the replacement of this area's assets and liabilities previously consolidated, by the fair value of their respective stakes (4) Includes the write-off of deferred tax assets relating to tax losses in the amount of 19.1 million Euros Net earnings -50.7 million Euros (4)
10 SDC INVESTIMENTOS IN FIGURES IN 2013: Real Estate 20% Turnover by business area Holding, other and intragroup eliminations 7% Concessions 73% 31.5 Concessions EBITDA by business area (million Euros) 6.9 Real Estate -1.2 Holding, other and intragroup eliminations 37.2 Consolidated EBITDA
11 SDC INVESTIMENTOS IN FIGURES AS OF 31.12.2013: Recourse consolidated net debt 228.5 million Euros Recourse net debt maturity profile Recourse net debt by type of debt 55.3 23.9 11.9 91.9 11.9 12.0 29.9 Overdrafts 0.3% Commercial paper 13% Bank loans 44.5% 2014 2015 2016 2017 2018 2019 after 2019 Bonds 42%
12 CONTACTS SDC INVESTIMENTOS, SGPS, SA http://www.sdcinvestimentos.pt/ Porto: Rua de Santos Pousada, 220 4000-478 Porto Portugal T: +351 228 342 600 Official Representative of the Company in the Capital Markets António Frada T: +351 22 834 22 43 Lisboa: Rua Julieta Ferrão, 12, 13º 1649-039 Lisboa Portugal Investor Relations Rita Carles T: + 351 21 791 3236 + 351 22 834 2217 rita.carles@sdcinvestimentos.pt