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Press Release

PRESS RELEASE FROM PANAMA PORTS COMPANY, S.A. (PPC)

Panama, April 9th, 2025

Panama Ports Company, S.A. ("PPC"), operator of the port terminals of Balboa and Cristobal pursuant the concession contract approved by Law 5 of January 16, 1997, and its respective addenda, hereby responds to the recent statements regarding our company and concession:

We firmly believe that respect for legal certainty gives companies and investors the certainty that Panama is a safe country in which to invest. Our philosophy of "Ports made by Panamanians" reflects our continuous commitment to the country and its people, being an essential engine within the dynamic national economy and the maritime port sector. Our track record of more than 28 years is proof of the positive impact we have generated, by building world-class ports, creating more than 25,000 direct and indirect jobs and contributing billions of balboas to the Panamanian economy. PPC continues to call for respectful coordination and consultation to protect the concession that has provided high-quality services for the benefit of Panama and the world.

Panama Ports Company, S.A.

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