Cyrela Brazil Realty Sa Empreendimentos E Participacoes · BMFBOVESPA:CYRE3

Cyrela Brazil Realty Sa Empreendimentos E Participacoes — Q2 2025 Earnings Presentation

16 slides from Cyrela Brazil Realty Sa Empreendimentos E Participacoes's earnings presentation, Aug 15, 2025

  1. Slide 1: Results 2Q25

    RESULTS 2Q25 AUGUST 15TH, 2025

  2. Slide 2: Participants

    PARTICIPANTS RAPHAEL HORN CO-CEO MIGUEL MAIA MICKELBERG CFO AND INVESTOR RELATIONS OFFICER

  3. Slide 3: Operating Figures

    OPERATING FIGURES

  4. Slide 4: Cyrela's Launches

    CYRELA’S LAUNCHES  Launches PSV ex-swap and %CBR totaled R$2,864 million in 2Q25 and R$6,248 million in 6M25.  17 projects launched in the quarter and 35 in 6M25. Launches PSV (100%) Launches PSV Ex-swap (%CBR) (R$ Million) +184% +180% (R$ Million) 8,989 6,248 +182% -15% 4,901 +176% -15% 3,364 4,8

  5. Slide 5: Highlights

    HIGHLIGHTS VIVAZ SELECTION LAGUNA  Rua Laguna, 440 – Chácara Santo Antônio  PSV: R$ 205 million  Units: 736 Access the projects website: Vivaz Selection Laguna Sãlão de Festas Acesso Piscina

  6. Slide 6: Cyrela's Pre-Sales

    CYRELA’S PRE-SALES  Net pre-sales ex swap and %CBR totaled R$2,240 million in 2Q25 and R$4,352 million in 6M25. Pre – Sales (100%) Pre – Sales Ex-Swap (%CBR) +39% +32% (R$ Million) (R$ Million) 6,287 4,352 2,788 3,290 1,823 4,519 +37% +8% +31% +6% 3,258 2,240 1,522 3,029 2,295 2,112 1,295 1,713 1,0

  7. Slide 7: Sales Speed

    SALES SPEED  The LTM SOS of the quarter reached 52.3%. Sales Speed (12 month period) Sales by Launch Vintage 3Q23 46% 15% 8% 6% 4% 87% 54.9% 55.0% 52.6% 52.6% 52.3% 4% 2% 2% 4Q23 46% 11% 10% 6% 80% 4% 1% 2% 1Q24 53% 16% 10% 3% 88% 3% 2% 2Q24 51% 14% 6% 5% 79% 4% 3Q24 62% 8% 5% 79% 4% 4Q24 57% 11% 6

  8. Slide 8: Inventory

    INVENTORY  R$13,383 million in PSV inventory at market value (R$10,018 million %CBR). Change in Inventory (R$ Million) Inventory Breakdown +8% Other -1,583 12,408 106 13% 4,126 -1,582 South -93 8% -1,675 13,383 Rio de Janeiro 13% 66% São Paulo Inventory Sales of Launches Sales of Price Inventory 1Q

  9. Slide 9: Finished Inventory

    FINISHED INVENTORY  R$1,967 million in PSV finished inventory at market value (R$1,682 million %CBR). Change in Finished Inventory (R$ Million) Finished Inventory Breakdown +28% 1,967 -4 Other 18% 525 1,539 -93 São Paulo 37% South 21% 24% Finished Sales of PSV Price Finished Rio de Janeiro Units 1Q

  10. Slide 10: Delivered Units

    DELIVERED UNITS  11 projects delivered in 2Q25, totaling PSV of R$1,970 million on the dates of their respective launches.  In 6M25, 17 projects delivered, totaling PSV of R$2,670 million on the dates of their respective launches. Delivered PSV – by Segment (100%) Delivered PSV – by Region (100%)

  11. Slide 11: Financial Results

    FINANCIAL RESULTS

  12. Slide 12: Financial Results

    FINANCIAL RESULTS  Net revenues of R$2,107 million in 2Q25 and R$4,060 million in 6M25.  Gross margin of 32.7% in the quarter and 32.6% in the year. Net Revenues Gross Profit and Gross Margin (R$ Million) (R$ Million) +18% 32.9% 32.7% 32.6% 4,060 32.5% 32.2% 3,430 +20% +13% +8% 2,107 1,857 1,953 +

  13. Slide 13: Net Income and Profitability

    NET INCOME AND PROFITABILITY  The Return on Equity (Net Income LTM / average Equity ex-minorities and FVTOCI CashMe LTM) attained 19.5%. Net Income and Net Margin ROE LTM (R$ Million) 22.2% 19.8% 20.9% 20.9% 18.4% 17.6% 16.8% 19.5% 17.6% 15.5% +5% -6% +18% 679 715 412 388 328 2Q24 2Q25 1Q25 6M24 6M

  14. Slide 14: Liquidity and Debt

    LIQUIDITY AND DEBT  Net Debt / Total Equity attained 12.7%. Debt Overview Indicators Total Debt Corporate Debt (R$ Million) Net Debt / Equity 12.7% 6,798 6,798 6,081 Average Term 3.1 y 3.5 y 5,876 1,075 Short Term 16% 15% 5,193 Short Corp. Corp. Long Term 84% 85% Corp. 4,215 3,561 5,489 3,406 Avare

  15. Slide 15: Cash Generation

    CASH GENERATION*  Cash consumption of R$392 million in the quarter. (R$ Million) 69 +539% 71 91 56 4 4 -22 -118 181 -61 -325 -396 -320 -392 2Q24 2Q25 1Q25 6M24 6M25 Non Recurring *Ex dividend payment and buyback program.

  16. Slide 16: Contact IR

    CONTACT IR Cyrela Brazil Realty S.A. Empreendimentos e Participações Avenida Paulista, 1,063, 10th Floor São Paulo - SP – Brasil Zip Code 01311-200 Investor Relations ri@cyrela.com.br https://ri.cyrela.com.br/en/ Índice De Dividendos IDIV Statements contained in this press release may contain inform

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