Tag-along rights exercise in the framework of the agreement for the sale of Heathrow

Reference is made to the press release communication containing inside information dated November 28, 2023 regarding the sale by Ferrovial SE of its entire stake (c.25%) in FGP Topco, parent company of Heathrow Airport Holdings Ltd., to Ardian and The Public Investment Fund (the Transaction).

In accordance with the tag-along process anticipated in our prior release, some of FGP Topco shareholders have exercised their tag-along rights in respect of shares representing 35% of the share capital of FGP Topco (Tagged Shares).

The agreement for the sale and purchase of Ferrovial SE’s subsidiary’s shares in FGP Topco remains in force although it is a condition for the sale of the shares that the Tagged Shares are also sold. The parties are working towards satisfaction of such condition by exploring different options to satisfy the same.

Completion of the transaction continues to be subject to the satisfaction of the tag-along condition, together with applicable regulatory conditions and, consequently, there can be no certainty that the Transaction will complete.

This press release contains inside information within the meaning of article 7(1) of the Regulation (EU) Nº 596/2014, of the European Parliament and of the Council, of 16 April 2014, on market abuse.