Melnick Desenvolvimento Imobiliario Sa · BMFBOVESPA:MELK3
Melnick Desenvolvimento Imobiliario Sa — 4Q25 Earnings Presentation
16 slides from Melnick Desenvolvimento Imobiliario Sa's earnings presentation
Slide 1: Disclosure of Results 4Q25
Disclosure of Results 4Q25 metnick Muito mais que morar
Slide 2: Notices
Notices We emphasize that the information contained in this They involve risks, uncertainties, and assumptions, as presentation and any statements that may be made they refer to future events and thus depend on during the video conference, relating to business circumstances that may or may not occur
Slide 3: Highlights 4Q25
Highlights 4Q25 Launches % Melnick Melnick Sales % Results In Gross Margin (ex. Financing) in 2025 (a 22% R$ 455 MM InR$ 837in 4Q25. launches MM R$ 325 MM InR$sales837 in 4Q25. MM 28.7% growth when compared to the previous year). In launches in 2025, % Melnick and % Melnick In sales in 2025 (an 11%
Slide 4: Launches
Launches Project Unit¹ PSV 100%² Melnick PSV³ Usable Area4 Units4 Average Price Segment 1Q25 - - - - 2Q25 402,422 355,275 28,077 209 Gama 1375 ME INC 174,483 150,854 10,494 64 2,357 Residential High Garden Iguatemi ME INC 227,939 204,421 17,583 145 1,409 Residential 3Q25 128,766 119,361 10,978 293 G
Slide 5: Launches
Launches 1.521 +19% 427 1.415 In 2025, we launched two developments in SP, through the Melnick Partners business unit, +7% totaling a Gross PSV of R$ 1,361 million (R$ 1.173 282 1.190 243 million 1.067 1.067 % Melnick Partners). 243 137 121 473 +58% 521 536 1.094 172 81 1.012 402 930 270 47 717 455
Slide 6: Launches 4Q25
Launches 4Q25 SQUARE GARDEN F1 – PORTO ALEGRE/RS OPEN BOSQUE F1 – PORTO ALEGRE/RS OPEN MAJOR F2 – CANOAS/RS PSV¹ % MELNICK – R$ 298 MM PSV¹ % MELNICK – R$ 112 MM GSV¹ % MELNICK – R$ 45 MM ¹ Net PSV, excluding physical swap, sales commissions, and minority interests. 6
Slide 7: Net Sales
Net Sales Breakdown by quarter: Breakdown of business unit (% Melnick – R$ million): 2025 (% Melnick): 1,0% SoS of Launches 15,4% Inventory Sales (% Melnick) SoS from Developer Inventory Quaterly SoS Launch Sales (% Melnick) Urban Development +11% Open 927 61% 83,6% 837 48% 48% 31% 386 20% 18% 15% %
Slide 8: Deliveries and Operational Capacity
Deliveries and Operational Capacity Future Deliveries (% Melnick - R$ million) Operational Capacity Active Construction Sites (20) Delivery Delivery Planned 13 Developer 5 Urban Development 1.179 1.112 2 OPEN (MCMV) Units Under Construction (4,543) 816 2,178 Developer 596 1,693 Urban Development 476
Slide 9: Deliveries 4Q25 | % Melnick
Deliveries 4Q25 | % Melnick THE GARDEN – F1 and F2 - PSV¹ % MELNICK – F1 R$ 19 MM and 99% Sold | F2 R$ 12 MM and 96% Sold ¹ Net PSV, excluding physical swap, sales commissions, and minority interests. 9
Slide 10: Inventory 4Q25
Inventory 4Q25 Inventory 4Q25 and breakdown by year of completion Finished Inventory (% Melnick – R$ million): -4,9% Finished Inventory Finished Inventory 238 Inventory Under 15 27 (Launches after 2020 - (Launches until Finished Inventory until 1 226 Construction 16 92 post-IPO) 2020 - pre-IPO) 2020
Slide 11: Landbank 4Q25
Landbank 4Q25 Landbank Breakdown (% Melnick) Urban Developer OPEN (MCMV) Development Current landbank position totaling R$ 4.4 B in gross PSV, of which R$ 3.1 B in potential PSV (% Melnick). Distributed in 28 plots or phases, and 23% of 20% the projects already approved, with a potential PSV totalin
Slide 12: Financial Results
Financial Results Net Revenue Breakdown: Gross Income and Gross Margin Breakdown: +9% +22% 29,8% 30,6% 1.117 28,7% 26,5% 27,2% 27,2% 1.029 24,9% 272 223 397 338 311 97 89 225 244 71 51 61 4Q24 1Q25 2Q25 3Q25 4Q25 2024 2025 4Q24 1Q25 2Q25 3Q25 4Q25 2024 2025 Net Revenue (R$ million) Gross Income (R$
Slide 13: Capital Structure and Cash Generation
Capital Structure and Cash Generation Capital Structure Cash Generation 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 SFH Production (354.9) (344.2) (335.4) (413.0) (442.1) Initial Net Cash 175.7 104.5 2.5 (39.4) (149.4) CRI Production (5.5) (5.5) (5.4) - - Final Net Cash 104.5 2.5 (39.4) (149.4
Slide 14: Frequently Asked Questions
Frequently Asked Questions To ask a question, please click the "#Raise hand#" icon or enter your question or send it via the "#Q&A#" icon on the bottom of your screen. Instructions Because of the dynamics, we will announce your for the Q&A names and ask you to make your question. At this time, a req
Slide 15: Subscribe to our mailing and get the latest news about Melnick
Subscribe to our mailing and get the latest news about Melnick. IR CONTACTS CHIEF EXECUTIVE OFFICER Leandro Melnick CHIEF FINANCIAL AND INVESTOR RELATIONS OFFICER Juliano Melnick CAO AND INVESTOR RELATIONS Joelson Boeira ACCOUNTING AND IR MANAGER Ricardo Ponce ri@melnick.com.br | ri.melnick.com.br 1
Slide 16: Disclosure of Results 4Q25
Disclosure of Results 4Q25 metnick Muito mais que morar
Melnick Desenvolvimento Imobiliário — 4Q25 Earnings Presentation on 6ix