After two years marked by an unprecedented global emergency, such as the COVID-19 pandemic, we are faced with a crisis of a huge magnitude in the form of the invasion of Ukraine and the drastic turnaround in international geopolitics, with all its collateral effects. The cost in human lives is irreparable and irrecoverable. In terms of social responsibility, Saba is taking steps to collaborate in the care and subsidence of refugees in Spain as a result of the war or in humanitarian corridors in countries in which we operate such as Slovakia.

Despite this being a summary of 2021, it is necessary to note down a reflection regarding the framework in which we currently find ourselves and in which variables such as high inflation, the rising price of supplies and raw materials or the cost of energy play a significant part. We are paying attention to tax and monetary policies and to the adjustment and stability measures which, over the next months, are going to be adopted and we will supervise the financial and non-financial impacts on a constant basis, arising from this series of factors.

Lastly, we highlight growth in Germany, with the granting of lease arrangements at the shopping centres of City Galerie (1,611 spaces), in Aschaffenburg, close to Frankfurt and Bergedorf (660 spaces), in Hamburg. At present, Saba is a group that manages over 382,000 spaces at 1,051 car parks, with a workforce of 2,099 employees and which is present in 179 cities in 9 countries.

In the same way, we remain active in the process of requesting rebalances of concessions to correct the impact of COVID-19, taking into account that Saba continued providing its services during the pandemic, since they were deemed to be essential, despite the drastic traffic restrictions.

In 2021, Saba consolidated itself as a benchmark operator, strengthening the role of parking as an essential component to regulate road congestion and an intermodal hub of the urban mobility network. Car parks are not a part of the problems generated by traffic in the cities. They are part of the solution. They are mobility service hubs, points that take advantage of the strategic locations in urban centres, their capillarity in the whole city and their uninterrupted service to work as a player integrated into the people mobility chain and the policy (sharing, electric vehicle) and also goods (last mile).

In June 2021, Saba joined the shareholder structure of Geever, operator specialised in the distribution of last mile goods, and which is highly sustainable, efficient and close at hand. For the last three years, Saba and Geever have worked together on a pilot test on nine car parks in Barcelona with excellent results, which enable the reduction of vans at rush hour and therefore of congestion and emissions, with goods being delivered at night by sustainable unipersonal vehicles. The impact on mobility is expressed by the fact that, after these years of test, failed deliveries dropped below 10%, making the distribution model less efficient from a sustainability standpoint.

Likewise, and within the last mile section, it must be highlighted that Saba has extended its offering to collect e-commerce products from lockers located at car parks belonging to its network: in Italy (InPost), Spain (Pudo, Amazon and Aliexpress), United Kingdom (Amazon) and Portugal (Correios de Portugal). We have around 120 lockers in these four countries.