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HAITONG BANK SUCCESSFULLY CONCLUDED MOTA-ENGIL'S PUBLIC BOND ISSUE

This was the first sustainability-linked Issue for a Portuguese corporate company.    

Haitong Bank, S.A. participated as Joint Global Coordinator of the sustainability-linked bond issue for Mota-Engil, SGPS, S.A., for a global amount of € 110,000,000, with a 5-year tenor and an annual fixed interest rate of 4.25%.

As a result of the strong demand, the initial amount of €75,000,000 was significantly increased to 110,000,000.

The transaction included a public subscription and two public exchange bond offerings related with Mota-Engil 2018/2022 and Mota-Engil 2018/2023 issues. The transaction was aimed at two different client segments: Institutional and Retail.

The bond offering Mota-Engil 2026 – the first sustainability-linked bond issue through public subscription from a Portuguese corporate company is supported by an Opinion issued by S&P Global Ratings confirming that this issue is aligned with the Sustainability Linked Bonds Principles.

Mota-Engil is committed to improving one KPI in order to reach a sustainability target as of 31 December 2025; if this target is not be accomplished, the issuer will pay an additional €1.25 per bond by the end of period. Mota-Engil is also committed to including this KPI performance in its Sustainability Report.

In the roadshow with European investors, that preceded this offering, Mota-Engil's management team presented the new strategic plan pursuant to the investment agreement with China Communications Construction Company, Ltd.

Over 4.836 investors have participated in the offering. Several insurance companies, pension funds, asset management firms, banks and private banking entities from Portugal, Spain and Switzerland took part in the transaction in the segment of Institutional Investors.

Haitong Bank acted as Joint Global Coordinator, alongside CaixaBI, Banco Finantia and Novo Banco.

As a global coordinator of this transaction, Haitong Bank reinforces its role as a reference bank for Portuguese companies seeking to access the capital markets through the adoption of innovative solutions or based on sustainability principles, where the Bank is a leading player. Mota-Engil, in turn, joins a selected group of issuers in Portugal of sustainability-linked bonds.