WITHOUT LIMITS. Corporate Presentation, June 2015 Results

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1 WITHOUT LIMITS Corporate Presentation, June 2015 Results

2 ANDINO INVESTMENT HOLDING Group of leading companies operating port and airport infrastructure and offering logistic and maritime services. AIH strategy creates value to the Peruvian foreign trade through comprehensive services based on infrastructure, with an experience of over 40 years.

3 Highlights 3 Concessions with the Government: Paita s Port ( ) 5 Airports of South ( ) Chinchero Cusco Airport ( ) More than 2,900 employees CAGR Sales 11.16% EBITDA 17.6% + US$ 616 millions of Real Estate Portfolio 25% of the shares of AIH listed on the Lima Stock Exchange (AIHC1). 75% of the remaining capital is controlled by an investor group working together for over 40 years.

4 Ownership Aproximately 25% of the shares float in the Lima Stock Exchange (BVL). Main shareholders at the free float are Mediterraneo Fondo de Inversión Privada (Chile) (6.78%), Banco de Credito del Perú (2.79%), El Pacífico Vida Compañía de Seguros (1.44%). 75% 25% Float Controlling Group The remaining 75% of the capital is controlled by a group of investors who have been working together since the very beginning, more than 40 years ago. Vargas Loret de Mola Family 37.44% Matthies / Krefft / Krumdiek 37.22% TOTAL 74.67%

5 2013 History of growth for more than 4 decades 2009 AAP adjudicates de concession of the South Airports File Service s sale. AIH issues an international Bond for US$115MM AIH is created 2005 TPE adjudicates the Concession of Paita s Port. Kuntur Wasi adjudicates de concession of the Chinchero Airport Creating Neptunia Triton Transports starts operations File Service is purchased A loan of US $ 85MM in acquired and is used to purchase the minority interests of Neptunia and Cosmos IPO of AIH. TPE issues an international Bond for US$110MM Cosmos Agencia Marítima starts operations (1) AAP = Aeropuertos Andinos del Perú (2) TPE = Terminales Portuarios Euroandinos Maritime Logistic Infrastructure

6 Strategic Geographic Coverage Operations in most private and public ports concession of Peru (ports, terminals, offshore platforms) and in the main rivers of the jungle Operations en Callao, Paita, Chiclayo, Matarani and Pucallpa ZORRITOS IQUITOS 30-year concession to operate the Port Terminal of Paita PAITA TALARA BAYOVAR CHICLAYO SALAVERRY CHIMBOTE HUARMEY KUNTUR WASI SUPE CALLAO PAMPA MELCHORITA YURIMAGUAS Infraestructura PUCALLPA Servicios Logísticos Se ATALAYA Concesión para construir y operar el aeropuerto MADRE DE de DIOS Chinchero por 40 años. PISCO AYACUCHO Contrato de Concesión SAN NICOLAS para operar el Puerto de Paita AREQUIPA por 30 años. MATARANI CUSCO MOLLENDO YURIMAGUAS Contrato de Concesión ILO para operar por 25 años cinco aeropuertos del sur. 25-year concession to operate 5 airports located in southern Peru: Arequipa, Ayacucho, Juliaca, Puerto Maldonado, Tacna 40-year concession to build and operate the new international airport of Chinchero Operador Logístico líder en Perú con más de 33 años de experiencia. 14 hectares adjacent to the Jorge Chavez International Airport, where Inmobiliaria Terrano will develop a logistic, commercial and hotel center (LimaHub Project). Fleet of over 130 trucks to transport containers and project cargo. Flota de más de 130 camiones para transporte de contenedores y carga de proyectos.

7 WASI Integrated Contrato de Concesión business model para operar el Puerto experiencia. de Paita por 30 años. with an added value strategy Multimodal Services Operador Logístico Concesión líder en Perú para construir y KUNTUR con más WASI de 33 años operar de el aeropuerto de experiencia. Chinchero por 40 años. Servicios Marítimos Supplier of the whole logistic chain Infraestructura Servicios Logísticos Infraestructura Servicios Servicios MarítimosLogísticos Serv 75% Concesión para construir y operar el aeropuerto de Chinchero por 40 años. Servicios Logísticos Multimodal Transport Operador Logístico líder en Perú Fundada en con 1972, más Cosmos de 33 años es el de líder peruano experiencia. en agenciamiento marítimo y estiba. Storage Operador Logístico líder en Perú Contrato de Concesión con más de 33 años de Fundada en 1972, Cosmos es el para operar el Puerto de Flota de más de 130 camiones líder peruano en agenciamiento ASA es un agente Flota de de más carga de 130 camiones Paita por 30 años. internacional para transporte carga suelta, para transporte de contenedores marítimo y estiba. de contenedores proyectos, contenedores y carga de proyectos. y y carga de proyectos. commodities. Contrato de Concesión para Contrato de Concesión para operar por 25 años cinco Infraestructura operar por 25 años cinco ASA es un Servicios agente de Logísticos carga aeropuertos del sur. Servicios Marítimos Flota de más de 130 camiones aeropuertos del sur. internacional para carga suelta, para transporte de contenedores Inició operaciones en 2008 proyectos, para contenedores y Inició operaciones en 2008 para y carga de proyectos. Compañía especializada en Concesión para construir y Incluye: Proyecta & Operador Logístico líder en Perú Incluye: Proyecta & implementar soluciones de commodities. Support Operationsimplementar soluciones de KUNTUR WASI operar el aeropuerto de Construye y Kubo Ads. Construye y Kubo Ads. con más de 33 años de servicios de practicaje, con más Fundada en 1972, Cosmos es el habitabilidad. de 14 años de habitabilidad. Chinchero por 40 años. experiencia. experiencia. líder peruano en agenciamiento marítimo y estiba. Penta Tanks se constituyó Penta Tanks se constituyó en 2010 para desarrollar y en 2010 para desarrollar y operar terminales de operar terminales de Contrato de Concesión Inició operaciones en 2008 para almacenamiento de carga Supervisado por la SBS, Almafin almacenamiento de carga Supervisado por la SBS, Almafin Compañía especializada en para operar el Puerto de ASA es un agente de carga implementar soluciones de emite certificados de depósito emite certificados de depósito servicios de practicaje, Flota de con más más de 130 camiones Paita por 30 años. Brinda servicios de remolcaje, internacional para carga suelta, para transporte de contenedores habitabilidad. Terrano desarrolla el para financiamiento de Terrano desarrolla el para financiamiento de de 14 años de experiencia. proyectos, contenedores y y carga de proyectos. atraque y rescate de naves, así proyecto inmobiliario y de mercadería (Warrants). commodities. proyecto inmobiliario y de mercadería (Warrants). como control de derrames. facilidades logísticas Lima facilidades logísticas Lima Contrato de Concesión para operar por 25 años cinco Hub. Hub. aeropuertos del sur. 75% Import Flow Supervisado por la SBS, Almafin Inició operaciones en 2008 para Compañía especializada en emite certificados de depósito Incluye: Proyecta & Oporsa Brinda desarrolla servicios el de implementar remolcaje, soluciones de servicios de practicaje, con más Oporsa desarrolla el para financiamiento de Construye y Kubo Ads. proyecto atraque Terminal y rescate habitabilidad. de naves, así Export Flow Brinda servicios de 14 manipuleo años de experiencia. de Brinda servicios de manipuleo de proyecto Terminal mercadería (Warrants). carga, asistencia en Plataforma Penta Tanks carga, se asistencia constituyó en Portuario como Plataforma Ventanilla control de para derrames. Agencia marítima que provee Portuario Ventanilla para en 2010 para desarrollar y (Rampa) y Servicio de Embalaje (Rampa) y Servicio manejo de Embalaje de carga a granel. servicios de estiba y manipuleo manejo de carga a granel. operar terminales de y Custodia de Equipaje.

8 Leaders in our Industry Market Share by TEUs (2013) Portuary Capabilities Relationship with major shipping lines Logistics Services 44% 9% 15% 8% 13% 12% DP World Neptunia Tramarsa Alconsa Contrans Otros Logistics Economies of scale Distribution and storage capabilities Maritime Services 74% 26% Cosmos Otros Experience Solid backing Technology Platform Human Capital Infrastructure Terminales Portuarios Euroandinos (Paita) The 2nd main container port in the north Aeropuertos Andinos del Peru 5 airports for 25 years (Southern Peru) Chinchero International Airport in Cusco for 40 years Connectivity Availability of large areas for the development of logistics platforms

9 Consolidated Statements Balance Sheet In thousands of S/. jun-14 jun-15 Current Assets 214, ,262 Non Current Assets 1,921,265 1,982,208 Total Assets 2,135,296 2,204,470 Current Liabilities 137, ,818 Non Current Liabilities 776, ,705 Total Liabilities 913, ,523 Net Equity 1,221,896 1,257,947 Total Liabilities and Net Equity 2,135,296 2,204,470 Profit and Loss In thousands of S/. jun-14 % jun-15 % Revenue 296, % 309, % Operating Costs and Expenses -273, % -283, % Monetary Restatement % -23, % EBITDA 34, % 39, % Net Profit (Loss) 7, % -20, %

10 Consolidated Revenue EBITDA Historical Results Real estate portfolio of more than 1.2 million m S/. Millions Market Value % AIH Net Value Infraestructure Oporsa Terrano % 59.2 Logistics Services Neptunia Almafin Maritime Services Cosmos Total US$ Millions.

11 AIH Business Units Logistic Services Maritime Services Infrastructure Peru leading Logistics Operator with over 33 years experience. It holds a key rol on the logistics chain for foreign trade. Fleet of over 130 trucks and specialized equipment to transport containers and project cargo. Custom bonded warehouse capable of issuing negotiable certificates of deposit. Started operations in 2008 to provide temporary facilities such as camps, housing, warehousing. Founded in 1972, Cosmos is the peruvian leader in maritime brokerage and stowage. ASA is an international cargo forwarder for bulk, project cargo, containers and commodities. Company focused on pilotage services, with over 14 years experience in the business. Provider of tugboat services, berth services, vessel rescue and assistance and spill prevention and control. SAASA provides cargo Provider of maritime and handling services at the stevedoring services and airports, ramp assistance loading/unloading of and baggage packing and containers and bulk cargo. custody. 75% Concession Agreement to build and operated the new International Airport in Cusco for 40 years. Concession Agreement with the Peruvian Government to operated the Port of Paita for 30 years. Concession Agreement to operate the five southern airports. Includes: Proyecta & Construye and Kubo Ads Penta Tanks was incorporated in 2010 to develop and operate liquid cargo terminals. Incorporated in 2006 to develop the project called Ventanilla Port Terminal. 14 hectares next to JCh International Airport for developing logistic projects.

12 Consolidated Summary (as of June) Revenue (S/. Millions) EBITDA (S/. Millions)

13 Consolidated results of the main lines of business (millions of S/.) Logistic Maritime Infrastructure Consolidated jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var Revenue % % % % Gross Margin % % % % % 23.9% 20.7% 24.9% 28.0% 41.9% 104.2% 24.4% 24.2% EBITDA % % % % % 13.0% 9.9% 10.4% 15.2% -22.6% 105.1% 11.6% 12.7%

14 Proforma Financial Summary (as of June) Revenue (S/. Millions) EBITDA (S/. Millions)

15 Proforma Financial Results of the main lines of business (millions of S/.) Logistic Maritime Infrastructure Consolidated jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var Revenue % % % % Gross Margin % % % % % 24.0% 21.0% 25.3% 28.0% 26.7% 49.2% 24.9% 27.6% EBITDA % % % % % 13.0% 10.0% 10.6% 15.0% 21.5% 35.1% 13.8% 15.4%

16 Debt Structure (USD millions)

17 Funding Culminated First Stage concluded through an issue of international bonds for $ 110MM + $ 53MM contributed by the partners. The other stages are financed through trust fund flows that are regularly deposited. The second stage comprises a gantry crane and two RTG cranes for $ 13MM. Culminating in Paita Port Terminal Concession The National Port Authority (APN) approved the investments by TPE in Paita port terminal (Construction of new container dock with dredging within 13m, 300m berth, container yard of 12 hectares and installation of gantry cranes and other equipment low). Begin of the Investment (2012) Completion of the Investment (2014)

18 Concession Co Financed by the Government. Concession South Regional Airports (Aeropuertos Andinos del Perú) Concession financed with the Government. Investments made since the start of the concession to date amount to approximately US $ 65 MM including Compulsory Works, Equipment, Corrective maintenance. First stage culminated

19 Chinchero International Airport Concession Concession Co Financed by the Government Concession financed through Pay Per Work (PPO), Advance Payment Work - Certificate of completion (PAO-CAO). Currently in the implementation phase of engineering studies. It has signed a term sheet with an investment bank frontline to make a full underwriting of the operation and finance the construction and working capital as well as the necessary guarantees ($ 550MM). Financial close is expected in September ,000 m2 13 gates 550 Millions US$ Investmen t IATA Service Level B 1,000 direct jobs and many more indirect 9 million m3 earthmovi ng

20 Ongoing projects Inmobiliaria Terrano Work began during the second half of 2014 Lima Airport Partners signed a contract for 17 years to allow a direct road of entry and exit to the Jorge Chavez International Airport for receiving and storing cargo. Will allow the Group to access (via a logistics platform for air cargo) a market of approximately USD 100 million. Servicios Aeroportuarios Andinos (SAASA) LAP contract was signed in May 2014 for five years to provide service to aircraft ramp. It is concluding negotiations with two major airlines to manage their cargo

21 WITHOUT LIMITS