REPUBLIC OF PERU PRIVATE INVESTMENT PROMOTION AGENCY INITIAL VERSION OF THE CONCESSION CONTRACT FOR THE DESIGN, FINANCING, CONSTRUCTION AND IMPLEMENTATION OF EDUCATIONAL INFRASTRUCTURE AND OPERATION OF MANDATORY SERVICES FOR HIGHPERFORMANCE SCHOOLS IN THE REGIONS OF PASCO, HUANCAVELICA AND CUSCO Lima, December 2020 Important: This is an unofficial translation. In the case of divergence between the English and Spanish text, the version in Spanish shall prevail. TABLE OF CONTENTS CHAPTER I: BACKGROUND, DEFINITIONS, ANNEXES AND INTERPRETATION..........................8 Background..............................................................................................................................8 Definitions..............................................................................................................................10 Annexes..................................................................................................................................10 Interpretation.........................................................................................................................11 CHAPTER II: LEGAL NATURE, PURPOSE, MODALITY AND CHARACTERISTICS..........................13 Legal nature...........................................................................................................................13 Purpose of the contract..........................................................................................................13 Modality.................................................................................................................................13 Characteristics........................................................................................................................13 CHAPTER III: EVENTS AT THE CLOSING DATE...........................................................................14 Representations of the Parties...............................................................................................14 Representations of the CONCESSIONAIRE..............................................................................14 Representations of the GRANTOR..........................................................................................16 Findings at Closing Date.........................................................................................................17 CHAPTER IV: CONCESSION TERM............................................................................................22 Concession Term....................................................................................................................22 Maximum term of the Concession.........................................................................................22 Extensions due to expiration of the Concession.....................................................................22 Temporary suspension of the Concession Term.....................................................................23 Suspension of the deadline for the fulfillment of obligations................................................24 Procedure for the declaration of temporary suspension of the Concession term and for the fulfillment of obligations........................................................................................................25 Effects of the declaration of suspension of the Concession term or the term for the fulfillment of obligations........................................................................................................26 CHAPTER V: PROPERTY REGIME.............................................................................................27 Replacement of Affected Assets to the Concession...............................................................28 Maintenance of Concession Assets........................................................................................29 Certificate of Initial Delivery of the Concession Areas............................................................29 Certificate of Final Delivery of the Concession Areas.............................................................31 Inventories.............................................................................................................................31 Easements..............................................................................................................................32 Possessory interests................................................

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