Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3

Eucatex S.a. Industria E Comercio — 4Q22 Earnings Presentation

22 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2023

  1. Slide 1: Earnings Release 4Q22

    Earnings Release 4022 Lg eucatex eamanhi

  2. Slide 2: Operating Performance

    Operating Performance eucatex”™ cultivands _ e

  3. Slide 3: Operating Performance

    Operating Performance Net Operating Revenue (R$ million) Breakdown of NOR by Segment 4Q22 -9.9% 2.5% 2022 3

  4. Slide 4: Furniture Industry and Resale Segment

    Furniture Industry and Resale Segment Fiberboard T-HDF Panel MDF Panel MDP Panel Products  Eucafibra Lacca AD  Eucaprint Lacca AD  Eucadur  Eucafibra Lacca Cetin  Eucafibra Lacca AD  Eucaprint Lacca Cetin  Eucadur Perfurado  Eucafibra Lacca Metalic  Eucafibra Lacca Cetin  Eucaprint Acetina

  5. Slide 5: Construction Segment

    Construction Segment Flooring Doors Partition Systems Paints and Varnishes Products  Acrylic  Spray  Eucafloor Gran Elegance  Enamel  Eucafloor New  Waterproofing  EleganceEucafloor  Eucadur Doors  Varnishes and Sealants Evidence  Novitá Wall Partitions Product Portfolio  Eucafloor Prime

  6. Slide 6: Export Segment

    Export Segment Partnerships with Major Products: Fiberboard, panels, MDP, MDF, T-HDF, Doors, Laminated Flooring and Foreign Companies Architectural Paints Main Countries: United States and Latin America Competitive Advantages: Subsidiary in Atlanta, USA (ease of servicing Homecenters) 6

  7. Slide 7: Construction Segment - ABRAMAT Index Domestic Market

    Construction Segment ABRAMAT Index Domestic Market From 2013 to 2022, the index dropped 28.3%. 7 Source: ABRAMAT

  8. Slide 8: Construction Segment - ABRAFATI Index Domestic Market

    Construction Segment ABRAFATI Index Domestic Market From 2013 to 2022, the index dropped 4.2%. 8 Source: ABRAFATI

  9. Slide 9: Construction Segment - Flooring Market (IBÁ)

    Construction Segment Flooring Market (IBÁ) From 2013 to 2022, the index dropped 25.4%. 9 Source: IBÁ

  10. Slide 10: Evolution of Supply and Demand in Domestic Panels Market - Quarter

    Evolution of Supply and Demand in Domestic Panels Market - Quarter Effective Installed Capacity (Fiberboard + MDF + MDP) vs. Production % Variation 4Q22 vs. 4Q21 Total Total -19.1% Domestic Market -15.6% Export Market -44.0% % Variation 2022 vs. 2021 Total Total -12.1% Domestic Market -14.9% Export

  11. Slide 11: Net Operating Revenue (R$ million)

    Net Operating Revenue (R$ million) Furniture Industry and Resale Segment Construction Segment 4Q22 -13.5% -2.1% -6.8% 2022 13.0% 11

  12. Slide 12: Export Segment

    Export Segment Net Operating Revenue (R$ million) Breakdown of NOR by Segment 4Q22 -26.6% -2.4% 2022 12

  13. Slide 13: Financial Performance

    Financial Performance eucatex”™ @ gn a ia ~ cultivands _ e

  14. Slide 14: Financial Highlights

    Financial Highlights Gross Profit and SG&A and Recurring EBITDA and Net Revenue (R$ million) Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin -9.9% -13.4% 13.2 % -19.9% -44.7% 2.5% -6.7% 11.1% -13.1% -31.4% 14

  15. Slide 15: Debt

    Debt Debt (R$ Million) 2022 9M22 Var. (%) 2021 Var. (%) Short-Term Debt 263.5 260.3 1.2% 230.5 14.3% Long-Term Debt 361.6 361.9 -0.1% 291.4 24.1% Gross Debt 625.1 622.2 0.5% 521.9 19.8% Cash and Cash Equivalents 94.9 129.4 -26.6% 141.1 -32.7% Net Debt 530.2 492.8 7.6% 380.8 39.2% % Short-Term Debt 4

  16. Slide 16: Investments in Working Capital and Financial Cycle

    Investments in Working Capital and Financial Cycle Financial Cycle 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 Net Revenue (R$ Million) 529.5 556.3 654.0 709.6 597.8 600.9 672.8 639.1 Trade Accounts Receivable 481.6 468.2 534.6 545.7 521.7 523.4 545.6 563.6 Inventories 282.2 344.2 393.0 434.0 471.9 537.

  17. Slide 17: Investments

    Investments Investments Made Planned for 2023 R$251.0 million 17

  18. Slide 18: Forest Sustainability

    Forest Sustainability 121 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 34,800 hectares 127 km 45 Km 72 Km actually planted Newly Planted Forests and Sprouting Management (ha) 18

  19. Slide 19: Mediation Agreement

    Mediation Agreement

  20. Slide 20: Mediation Agreement

    Mediation Agreement Mediation Agreement between the Municipal Government of São Paulo + São Paulo State Prosecution Office and BTG Pactual Mediation Agreement– Signed on January 24, 2023, without any assumption of guilt by the Company, releasing it as a defendant in lawsuits filed by the Municipal G

  21. Slide 21: Mediation Agreement - Measures for Unlocking Value

    Mediation Agreement Mediation Agreement between the Municipal Government of São Paulo + São Paulo State Prosecution Office and BTG Pactual Measures for Unlocking value in the Company's shares i. Implementing an agenda of corporate governance best practices. ii. Commitment to migrating the Company to

  22. Slide 22: José Antonio G. de Carvalho

    José Antonio G. de Carvalho Executive Vice President and IRO Sergio Henrique Ribeiro Controller Waneska Bandeira Investor Relations ri@eucatex.com.br 55 (11) 3049-2473

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