APPENDIX

Appendix IV – P&L of Main Infrastructure Assets

HIGHWAYS

407 ETR

(CAD Million)	FY 25	FY 24	VAR.
Revenue	2,009	1,705	17.8 %
EBITDA	1,687	1,478	14.2 %
EBITDA margin	84.0 %	86.7%
EBIT	1,577	1,372	15.0 %
EBIT margin	78.5 %	80.4 %
Financial results	-472	-429	-10.0 %
Profit before tax	1,105	942	17.2 %
Corporate income tax	-294	-250	-17.7 %
Net Income	811	692	17.1 %
Contribution to Ferrovial equity accounted result (EUR million)	217	188	15.7 %

NTE

(USD Million)	FY 25	FY 24	VAR.
Revenue	323	299	8.1 %
Adjusted EBITDA*	278	264	5.5 %
Adjusted EBITDA margin*	86.0 %	88.1 %
Adjusted EBIT*	229	233	-1.8 %
Adjusted EBIT margin*	70.7 %	77.8 %
Financial results	-49	-57	13.7 %
Net Income	176	173	1.9 %
Contribution to Ferrovial**	98	101	-2.6 %

**Globally consolidated asset, contribution to net profit (EUR million). 62.97% stake.

LBJ

(USD Million)	FY 25	FY 24	VAR.
Revenue	244	225	8.6 %
Adjusted EBITDA*	202	185	9.2 %
Adjusted EBITDA margin*	82.7 %	82.3 %
Adjusted EBIT*	162	150	7.7 %
Adjusted EBIT margin*	66.4 %	67.0 %
Financial results	-84	-82	-1.5 %
Net Income	77	66	16.0 %
Contribution to Ferrovial**	37	33	11.0 %

**Globally consolidated asset, contribution to net profit (EUR million). 54.60% stake

NTE 35W

(USD Million)	FY 25	FY 24	VAR.
Revenue	368	320	14.7 %
Adjusted EBITDA*	294	266	10.6 %
Adjusted EBITDA margin*	80.1 %	83.1 %
Adjusted EBIT*	242	226	7.3 %
Adjusted EBIT margin*	66.0 %	70.5 %
Financial results	-88	-83	-5.6 %
Net Income	152	140	8.5 %
Contribution to Ferrovial**	72	70	3.8 %

**Globally consolidated asset, contribution to net profit (EUR million). 53.67% stake.

I-77

(USD Million)	FY 25	FY 24	VAR.
Revenue	130	107	21.9 %
Adjusted EBITDA*	81	69	16.5 %
Adjusted EBITDA margin*	62.2 %	65.1 %
Adjusted EBIT*	70	59	19.3 %
Adjusted EBIT margin*	54.1 %	55.3 %
Financial results	-30	-25	-20.5 %
Net Income	40	34	18.4 %
Contribution to Ferrovial**	26	23	13.3 %

**Globally consolidated asset, contribution to net profit (EUR million). 72.24% stake.

I-66

(USD Million)	FY 25	FY 24	VAR.
Revenue	303	247	22.7 %
Adjusted EBITDA*	246	196	25.7 %
Adjusted EBITDA margin*	81.4 %	79.5 %
Adjusted EBIT*	151	116	30.5 %
Adjusted EBIT margin*	49.9 %	46.9 %
Financial results	-133	-124	-7.2 %
Net Income	18	-8	n.s.
Contribution to Ferrovial**	9	-4	n.s.

**Globally consolidated asset, contribution to net profit (EUR million). 55.704% stake.

IRB Infrastructure Developers (IRB)

(EUR million)	FY 25	FY 24	VAR.	LfL growth*
Revenue	716	894	-19.9 %	-12.8 %
Adjusted EBITDA*	313	449	-30.3 %	-24.1 %
Adjusted EBITDA margin*	43.7 %	50.2 %
Adjusted EBIT*	200	336	-40.3 %	-34.9 %
Adjusted EBIT margin*	28.0 %	37.5 %
Financial results	-183	-215	14.9 %	7.3 %
Equity-accounted affiliates	123	-33	n.s.	n.s.
Profit before tax	140	88	60.3 %	74.6 %
Corporate income tax	-15	-37	59.7 %	56.1 %
Net Income	125	50	148.8 %	170.9 %
Contribution to Ferrovial equity accounted result (EUR million)	25	13	98.8 %	-109.6 %

IRB Infrastructure Trust (Private InvIT)

(EUR million)	FY 25	FY 24	VAR.	LfL growth*
Revenue	653	243	168.1 %	192.0 %
Adjusted EBITDA*	283	114	148.6 %	170.8 %
Adjusted EBITDA margin*	43.3 %	46.7 %
Adjusted EBIT*	211	73	188.3 %	214.0 %
Adjusted EBIT margin*	32.3 %	30.0 %
Financial results	-245	-114	-115.4 %	134.6 %
Profit before tax	-128	-41	-214.8 %	-8.4 %
Corporate income tax	102	6	n.s.	-30.3 %
Net Income	-26	-35	25.5 %	-4.6 %
Contribution to Ferrovial equity accounted result (EUR million)	-6	-8	25.5 %	-4.6 %

IRB Infrastructure Trust: 2024 figures reflect only six months of activity following the acquisition.

AIRPORTS

DALAMAN

(EUR million)	FY 25	FY 24	VAR.
Revenue	85	82	3.6 %
Adjusted EBITDA*	66	64	2.5 %
Adjusted EBITDA margin*	77.5 %	78.4 %
Depreciation & impairments	-23	-22	-3.8 %
Adjusted EBIT*	43	42	1.8 %
Adjusted EBIT margin*	50.8 %	51.8 %
Financial results	-30	-25	-21.1 %
Profit before tax	13	17	-26.3 %
Corporate income tax	-25	42	-160.3 %
Net income	-12	59	-120.9 %
Contribution to Ferrovial**	-7	35	-120.9 %

**Globally consolidated asset, contribution to net profit (EUR million). 60.0% stake