SIMPAR (SIMH3) investor relations material

Executive summary

• Achieved strong EBITDA growth (+14% y/y to R$3.2bn), margin expansion, and lowest leverage in 15 years (2.8x pro forma Net Debt/EBITDA), with net revenue from services up 9% y/y and net CAPEX down 68% y/y.

• Monetized non-listed assets, including the sale of Ciclus Amazônia for R$121mn (45% stake), aligning with active portfolio management and value creation strategy.

• Raised R$4.2bn in new funding at CDI+1.9% and completed R$2.9bn in capital increases across group companies, enhancing liquidity and reducing leverage.

• Free cash flow after growth reached R$1.2bn, reversing a negative R$0.9bn in 1Q25, driven by higher EBITDA and improved working capital.

• Entered a new cycle focused on extracting value from built infrastructure and investments, emphasizing operational efficiency, asset turnover, and cost reduction.

Financial highlights

• Gross revenue reached R$12.2bn (+6% y/y); adjusted EBITDA at R$3.2bn (+14% y/y), margin 29.2%.

• Net revenue from services grew 9% y/y; net CAPEX reduced by 68% to R$222mn, lowest since 2020.

• Adjusted net loss of R$13mn (vs. +R$8mn in 1Q25), mainly due to higher interest rates.

• Productive ROIC at 17.7%, highest since disclosure began.

• EBITDA margin at 29.2%, EBIT margin at 18.1%, both improved year-over-year.

Outlook and guidance

• Continued focus on value extraction, operational efficiency, and cost control expected through 2027.

• Guidance for Automob and other segments remains optimistic, with full optimization expected by 2027.

• VAMOS targets net CAPEX of R$1.2–1.9bn, consolidated net revenue of R$6.3–6.9bn, and EBITDA of R$3.75–4.0bn.

• MOVIDA 2Q26 net income guidance: R$110–130mn (+78% y/y), ~24% above market consensus.

• CSInfra: 2026 EBITDA guidance between R$180mn and R$250mn.