ASTM North America (ASTM N.A.), formerly Itinera Infrastructure & Concessions (“IIC”), was established by ASTM S.p.A. in 2019 with aim of participating in the growing P3 sector in North America. ASTM N.A. changed its name on January 20, 2022 to render more evident its connection with its parent company and the main business of its parent. ASTM is the second largest motorway concessionaire in the world on the basis of the circa 3,000 miles of motorway concessions managed in Italy, Brazil and the UK. In Brazil the Group is the controlling shareholder of EcoRodovias, the second largest motorway concessions operator in the region. In the UK ASTM is a shareholder in Roadlink that operates 50 miles of motorway between Newcastle and Carlisle. ASTM N.A. is based in New York and has been short-listed in five P3 tenders across the country as a result of its recognized expertise, international track record and the ASTM Group financial strength and extensive global experience. ASTM collaborates closely with its sister company in the United States, Halmar International, to compete in P3 tenders throughout North America with the aim of establishing itself as a major competitor in the greenfield concessions sector.