Grupo Vamos (VAMO3) Corporate presentation summary

Market leadership and business model

• Holds a dominant position in heavy vehicle operational leasing in Brazil, with a 70% market share and a fleet of approximately 54,000 assets serving around 1,000 customers nationwide.

• Operates a unique business cycle of buying, leasing, and selling assets, ensuring high asset turnover and predictable cash flows through long-term contracts averaging 4.8 years.

• Diversifies revenue streams across leasing, used asset sales, and manufacturing, with a broad client base spanning logistics, agribusiness, construction, and more.

• Maintains the largest nationwide network for selling pre-owned trucks, machinery, and equipment, supported by a growing digital presence and expanding store network.

Financial performance and growth

• Achieved record net revenue of R$5.8 billion and EBITDA of R$3.6 billion in 2025, with contracted revenues reaching R$13 billion.

• Demonstrated strong operating performance with a 37.4% CAGR in EBITDA and 23.4% CAGR in net revenue from 2022 to 2025.

• Delivered high EBITDA margins (up to 90%) and EBIT margins (up to 66%), with consistent growth in leased fleet and asset utilization rates.

• Positive cash generation enabled organic debt reduction and sustained growth, with net capex efficiency supported by increased used asset sales.

Asset management and operational efficiency

• Achieved the highest fleet occupancy rate since 2020, with ongoing optimization of new asset inventory and the lowest inventory levels since IPO.

• Increased contract extensions and Sempre Novo (used asset) contracts, reducing the need for new capital and boosting IRR to record levels above 21%.

• Strong discipline in contract management and collections led to lower asset repossessions and effective recovery of overdue receivables.

• Used asset sales volume more than doubled, supported by new stores, digital channels, and high asset liquidity.