1. Information meeting – Legal framework and tendering procedure Kaat Leus September 10 th, 2012

2. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 2 Legal framework “User charge” on the initiative of the three regions A region-based legal framework Principle of territoriality Legislative power of the regions Interregional cooperation Establishing of an interregional entity Same SSP for the three regions Same SSP for the kilometer charge and the road vignette Single controlling of the SSP by the interregional entity Uniform road vignette for the three regions (scope, payment and duration)

3. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 3 Legal framework Flemish region Interregional basis Brussels- capital region Walloon region SSP

4. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 4 Legal framework Regional autonomy Road network kilometer charge Tariff kilometer charge (interregional fixed range) Enforcement: - infringements and sanctions - REA and RASA Toll chargers Kilometer charge: - three regions: non-concessionary road infrastructure - concessionaire: concessionary road infrastructure Road vignette: three regions

5. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 5 Legal framework Legal calendar Start legislative procedure: decision of the governments in December 2012 Advisory bodies, inter alia: -Advice Council of State -Approval European Commission -Advice Privacy commission -Tax ruling -ESR 95 ruling Expected duration legislative procedure: approximately 15 months

6. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 6 Tendering procedure DBFMO (Design-Build-Finance-Maintain-Operate) Timing tendering procedure (basic assumption : negotiated procedure)

7. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 7 Tendering procedure Negotiation phase Selection phase Selection phase Preparation phase Closing phase 201220132014 Q2 Q1 Q3Q4Q2 Q1 Q3Q4 Q2 Q1 Q3Q4 Legislation Phase Tender documents Award decision Contractual & Financial closing Selection decision

8. Het Fairway consortium bestaat uit KPMG Advisory burg. CVBA, Eubelius burg. CVBA en Collis BV 8 Important disclosure This presentation is intended for market consultation purposes only and its content may be subject to change. This presentation does not provide technical, financial, nor legal advice and does not intend to grant any rights to its addressees and readers.