1. In 2023 the Group will end its partnership with Urbaser, selling its stake in the Industrial Waste segment, and buying Urbaser's minority stake in all other segments. Not considering the Industrial Waste segment in the 2020 Environment revenue numbers, projected growth between 2020 and 2026 is 106% 2. Revenue and EBITDA % are also impacted by the adoption of IFRIC12, overstating both Revenues and Opex, and thus understating EBITDA Mg 3. Within the privatized market 4. Review and renewal of contract portfolio of municipal services; and development of a commercial approach for Bio-Waste 5. EGF - Urban waste treatment (regulated)