Comunicado ao Mercado - Apresentação Call de Resultados 2Q25 Inglês

August 8th, 2025

Transported Volume

(RTK bn)

21.8

(+4% vs 2Q24)

North Operation

(RTK bn)

17.8

(+8% vs 2Q24)

Energy Efficiency

(Liters/'000 TK)

- 5%

(vs 2Q24)

Fixed Costs and Expenses

(BRL mln)

- R$ 19

(-3% vs 2Q24)

EBITDA

Adjusted1 (BRL mln)

R$ 2,279

(+6% vs 2Q24)

Net Income

Adjusted1 (BRL mi)

R$ 731

(+1% vs 2Q24)

Dividends

(BRL bn)

R$ 1.5

Leverage

Net Debt/Adjusted EBITDA

1.8x

3

¹Excluding the effect of non-recurring events. For more available information, please refer to the Earnings Release.

GRAINS MARKET SHARE (Soybean, corn and soybean meal)

Mato Grosso

(MT)

-2 p.p.

44%

42%

2Q24

2Q25

Goiás

(GO)

-1 p.p.

25%

24%

2Q24

2Q25

Santos Port

(SP)

-1 p.p.

52%

51%

2Q24

2Q25

Paranaguá (PR) and São Francisco do Sul (SC) Ports

-1 p.p.

29%

28%

2Q24

2Q25

4

North Operation Transit Time (hours)

-13%

2022 2023 2024 LTM

+1%

83 84

2Q24 2Q25

Dwell Time in Santos (hours)

+2%

-2,5%

15.4

15.7

16.5

16.6

16.0

16.1

2022

2023

2024

LTM

2Q24

2Q25

Consolidated Diesel Consumption (liters/ '000 TK)

-1%

3.37 3.45 3.41 3.35

2022 2023 2024 LTM

-5%

3.36 3.21

2Q24 2Q25

5