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

Eucatex S.a. Industria E Comercio — 1Q23 Earnings Presentation

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

  1. Slide 1: Earnings Release 1Q23

    Earnings Release 1Q23 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 1Q23 13.5% 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  Portas Eucadur  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

    Construction Segment ABRAMAT Index Domestic Market From 2013 to 1Q23, the index dropped 33.0%. 7 Source: ABRAMAT

  8. Slide 8: Construction Segment - ABRAFATI Index

    Construction Segment ABRAFATI Index Domestic Market From 2013 to 1Q23, the index dropped 1.2%. 8 Source: ABRAFATI

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

    Construction Segment Flooring Market (IBÁ) From 2013 to 1Q23, the index dropped 35.7%. 9 Source: IBÁ

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

    Supply and Demand in Domestic Panels Market - Quarter Effective Installed Capacity (Fiberboard + MDF + MDP) vs. Production % Variation 1Q23 vs. 1Q22 Total Total -9.1% Domestic Market -0.9% Export Market -44.8% Source: Eucatex estimate 10

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

    Net Operating Revenue (R$ million) Furniture Industry and Resale Segment Construction Segment 1Q23 28.2% 3.6% 11

  12. Slide 12: Export Segment

    Export Segment Net Operating Revenue (R$ million) Breakdown of NOR by Segment 1Q23 4.3% 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 13.5% 5.8% 13.5 % 20.7% 0.2% 14

  15. Slide 15: Debt

    Debt Debt (R$ Million) 1Q23 2022 Var. (%) 1Q22 Var. (%) Short-Term Debt 255.9 263.5 -2.9% 204.9 24.9% Long-Term Debt 384.2 361.6 6.2% 287.3 33.7% Gross Debt 640.1 625.1 2.4% 492.2 30.0% Cash and Cash Equivalents 125.2 94.9 31.9% 71.9 74.0% Net Debt 514.9 530.2 -2.9% 420.3 22.5% % Short-Term Debt 40%

  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 1Q23 Net Revenue (R$ Million) 529.5 556.3 654.0 709.6 597.8 600.9 672.8 639.1 678.6 Trade Accounts Receivable 459.5 427.4 514.5 525.6 501.6 503.3 525.5 505.3 576.8 Inventories 282.2 344.2 393.0

  17. Slide 17: Investments

    Investments Investments Made Planned for 2023 R$251.0 million 17

  18. Slide 18: Sustainability

    Sustainability eucatex™ cult ivande nel y

  19. Slide 19: Forest Sustainability

    Forest Sustainability 125 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 35,400 hectares 93 km 122 Km 118 Km actually planted New Planted Forests and Sprouting Management (ha) 19

  20. Slide 20: Energy Sustainability

    Energy Sustainability Castilho Solar Power Plant - Solar Power Purchase Agreement (PPA) Investments: R$1 billion Installed Capacity: 270 MWP Footprint: 690 hectares (the size of 600 soccer fields) Reduction in Energy Cost: R$12 million/year Environmental Impact: The plant will avoid the emission of

  21. Slide 21: Mediation Agreement

    Mediation Agreement

  22. Slide 22: 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

  23. Slide 23: Mediation Agreement - Measures to unlock value

    Mediation Agreement Mediation Agreement between the Municipal Government of São Paulo + São Paulo State Prosecution Office and BTG Pactual Measures to unlocking value in the Company's shares i. Implementation of agenda of corporate governance best practices. ii. Commitment to migrating the Company t

  24. Slide 24: Investor Relations Contacts

    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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