Tecnisa S.a. · BMFBOVESPA:TCSA3
Tecnisa — Q3 2025 Earnings Presentation
21 slides from Tecnisa's earnings presentation, Jan 6, 2026
Slide 1: Earnings Presentation 3Q25
January, 6th, 2026 EARNINGS P R E S E N TAT I O N 3Q25
Slide 2: Agenda
AGENDA Strategy Operating Performance Financial and Economic-Perfomance
Slide 3: Strategic Drivers
ST R AT EGI C DR I VERS 1 Deal negociation with Cyrela 2 Continuity of Launches in Jardim das Perdizes PSV to be launched of R$ 4.0 billion, of which R$ 2.1 billion is TECNISA’s 3 Solid landbank to guide the business plan R$ 4.7 billion in landbank, of which R$2.6 is TECNISA’s share 4 Focus on Comme
Slide 4: Landbank
LANDBANK Landbank’s variation, % TCSA (R$ million) 2.717 R$ 4.7 billion in PSV in the Company’s landbank, 2.614 (63) (39) of which R$ 2.6 billion is TECNISA’s shares. R$ 4.0 billion is located in Jardim das Perdizes. Approved projects R$ 1.8 billion 1 2Q25 Launches Adjustments 3Q25 1 Considers 100%
Slide 5: Launch: Zait Chácara Santo Antônio
LAUNCH Zait Chácara Santo Antônio Launch: Jul/2025 PSV: R$ 90 milion Outdoor swimming pool Stake: 30,0 % Typology: 315 units from 28 to 37 m² Located in the Chácara Santo Antônio neighborhood in São Paulo, the Project was developed in partnership with CP Residencial and will feature na open-air swim
Slide 6: Commercial and Marketing Strategy
COM M ERCI A L A N D M A R K ET I N G ST R AT EGY Commercial Performance Total private area sold 1 (% Private Area launched) Gross sales of the quarter reached to R$ 132 million. 3Q24 3Q25 97% 99% 98% 98% 93% 91% 91% 86% 66% 65% 60% 60% 50% 42% 25% 17% Unik Astral Saúde Bosque Pitangueiras Reserva F
Slide 7: Operational Efficiency
OPER AT I ON A L EFFI CI EN CY Control of administrative expenses with focus on efficiency Administrative Expenses (R$ million) -14% 14 In the quarter, administrative expenses totaled 12 12 R$ 12 million, reduction of 14% compared to 3Q24. 3Q24 2Q25 3Q25
Slide 8: Profitability of the Operation
PROFI TA BI L I T Y OF T H E OPER AT I ON Backlog Gross Profit, TECNISA share 1 Backlog gross profit amounted to R$ 191 million in 3Q25, with Backlog Gross Margin of 40%, increase of 5 p.p. compared to the same period of the previous year. Jardim das Perdizes Other Projects Total (R$ million) (R$ mi
Slide 9: Backlog Gross Margin
PROFI TA BI L I T Y OF T H E OPER AT I ON Backlog Gross Margin Backlog Gross Margin (% Net Revenue to be Recognized) Backlog Gross Margin of Jardim das Perdizes is 46.1% in the second quarter of 2025. 46,0% 45,8% 46,1% 45,1% 45,2% 3Q24 4Q24 1Q25 2Q25 3Q25
Slide 10: Naara Longevity Residences
oN NAARA HIGIENOPOLIS _ Agora e no futuro. Um conceito
Slide 11: Naara Higienópolis
NAARA LONGEVITY RESIDENCES NAARA HIGIENÓPOLIS Launch: nov/2025 PSV: R$ 111 million Participation: 10,0 % Outdoor Swimming pool Typology: 32 units of 94 and 145 m² Located in the Higienópolis neighborhood of São Paulo, the project was developed in partnership with Naara and will feature concierge and
Slide 12: Agenda: Operating Performance
AGENDA Strategy Operating Performance Financial and Economic Performance
Slide 13: Operating Performance: Sales Performance
OPER AT I N G PER FOR M A N CE Sales Performance Gross Sales (R$ million, %Tecnisa) 160 = 84 83 Sales Over Supply (SoS) was 12,2% in the third quarter of 2025, increase of 3.4 p.p. compared to 3T24 3Q24 2T25 2Q25 3Q25 3T25 the previous quarter. Net Sales Compared to 2024, there were no (R$ million,
Slide 14: Inventory at Market Value Totaled R$ 514 million
OPER AT I N G PER FOR M A N CE Evolution and segmentation of stock, Tecnisa’s share Geographical Distribution (% in relation to total inventory) Inventory at Market Value Totaled 2% R$ 514 million 1 Only 8% of the inventory refers to concluded units. 98% São Paulo Other States Status breakdown Inven
Slide 15: Delivery: Astral Saúde
D E L I V E RY: A S T R A L S AÚ D E São Paulo The Astral Saúde, located in the neighborhood of Saúde, has a tower with 91 units, 39 studios e 1 store. PSV: R$ 107 million 1 Participation: 100% Typology: Party Hall 91 units of 69 and 95m² 39 studios of 25 and 50m² 1 Store of 152m² The project brings
Slide 16: Agenda: Financial and Economic Performance
AGENDA Strategy Operating Perfomance Financial and Economic Perfomance
Slide 17: Net Revenue and Adjusted Gross Profit
FINANCIAL AND ECONOMIC PERFORMANCE Net Revenue (R$ million) Net operating revenues - JDP e Unik % TCSA 476 500 450 Net operating revenues 400 141 354 350 300 250 194 200 140 151 150 85 335 61 70 160 100 50 80 53 81 Adjusted Gross Profit reached - 31 3Q24 2Q25 3Q25 9M24 9M25 25% in 9M25, growth of 9
Slide 18: Receivables Schedule and Debt
FINANCIAL AND ECONOMIC PERFOMANCE Receivables vc. Receivables Schedule Debt Receivables Schedule (R$ million) R$ 624 million Total receivables Receivables Recebíveis JDP/ - JDP Unik(%TCSA) e Unik Recebíveis consolidados Project receivables 300 (%TCSA) 236 R$ 342 million 250 Exceeding the limit of fi
Slide 19: Net Income and Backlog Gross Profit
FINANCIAL AND ECONOMIC PERFOMANCE Net Income and Backlog Gross Profit Backlog Gross Profit reached R$ 191 milhões, with Margin of 40%. Net Income Backlog Gross Profit 1 (R$ million) (R$ million) 190 187 191 -10 -43 -59 3Q24 3T24 2Q25 2T25 3Q25 3T25 3Q24 3T24 2Q25 2T25 3Q25 3T25 1 Includes projects c
Slide 20: Cash, Net Debt, Equity and Cash Generation
FINANCIAL AND ECONOMIC PERFORMACE Cash and Financial Investments Net Debt (R$ million) (R$ million) Cash, Cash Equivalent and Securities including equity method Equity in subsidiaries Cash, Cash Equivalent and Securities Consolidated Cash, Cash equivalent and securities of the period" Consolidated o
Slide 21: Earnings Presentation 3Q25
January, 6th, 2026 EARNINGS PRESENTATION 3Q25 The forward looking statements containedhereinare basedonManagement’s currentforecasts and outlookActualresults, performanceand eventsmay differsubstantially fromthose projectedorimpliedby these forwardlooking statements,as a consequenceof variousfactors