Cyrela Brazil Realty Sa Empreendimentos E Participacoes · BMFBOVESPA:CYRE3

Cyrela Brazil Realty Sa Empreendimentos E Participacoes — Q3 2025 Earnings Presentation

16 slides from Cyrela Brazil Realty Sa Empreendimentos E Participacoes's earnings presentation, Nov 14, 2025

  1. Slide 1: Results 3Q25

    RESULTS 3Q25 NOVEMBER 14TH, 2025

  2. Slide 2: Participants

    PARTICIPANTS MIGUEL MAIA MICKELBERG CFO AND INVESTOR RELATIONS OFFICER IURI CAMPOS INVESTOR RELATIONS EXECUTIVE MANAGER

  3. Slide 3: Operating Figures

    OPERATING FIGURES

  4. Slide 4: Cyrela's Launches

    CYRELA’S LAUNCHES  Launches PSV ex-swap and %CBR totaled R$3,411 million in the quarter and R$9,658 million in 2025.  18 projects launched in the quarter and 53 in the year. Launches PSV (100%) Launches PSV Ex-swap (%CBR) (R$ Million) +123% +105% (R$ Million) 14,039 9,658 8,168 5,588 +62% +22% +38

  5. Slide 5: Highlights: Epic Jardim Europa Design by Pininfarina

    HIGHLIGHTS EPIC JARDIM EUROPA DESIGN BY PININFARINA  Rua Joaquim Antunes, 377 – Pinheiros  PSV: R$ 1,307 million  Units: 98 Access the projects website: Epic Jardim Europa Design By Pininfarina Swimming Pool Facade

  6. Slide 6: Cyrela's Pre-Sales

    CYRELA’S PRE-SALES  Net pre-sales ex swap and %CBR totaled R$2,459 million in the quarter and R$6,811 million in 2025. Pre – Sales (100%) Pre – Sales Ex-Swap (%CBR) +27% +19% (R$ Million) (R$ Million) 9,834 6,811 5,747 7,719 4,952 3,309 2,720 3,917 +11% +9% 0% +10% 3,547 1,718 2,457 2,459 1,373 3,2

  7. Slide 7: Sales Speed

    SALES SPEED  The LTM SOS of the quarter reached 50.0%. Sales Speed (12 month period) Sales by Launch Vintage 4Q23 46% 11% 10% 6% 81% 54.9% 55.0% 52.6% 52.3% 4% 1% 2% 1% 50.0% 1Q24 53% 16% 10% 3% 90% 3% 2% 2% 2Q24 51% 14% 6% 5% 82% 4% 3% 3Q24 62% 8% 5% 81% 4% 2% 4Q24 57% 11% 6% 76% 2% 1Q25 33% 13% 4

  8. Slide 8: Inventory

    INVENTORY  R$15,043 million in PSV inventory at market value (R$11,092 million %CBR). Change in Inventory (R$ Million) Inventory Breakdown +12% Other -2,082 13% 157 13,383 5,050 South -1,280 7% -185 -1,465 15,043 Rio de Janeiro 16% 65% São Paulo Inventory Sales of Launches Sales of Price Inventory

  9. Slide 9: Finished Inventory

    FINISHED INVENTORY  R$2,068 million in PSV finished inventory at market value (R$1,773 million %CBR). Change in Finished Inventory (R$ Million) Finished Inventory Breakdown +5% 2,068 1,967 3 Other -185 283 18% São Paulo 34% 23% South 26% Finished Sales of PSV Price Finished Rio de Janeiro Units 2Q2

  10. Slide 10: Delivered Units

    DELIVERED UNITS  15 projects delivered in 3Q25, totaling PSV of R$2,252 million on the dates of their respective launches.  In 9M25, 32 projects delivered, totaling PSV of R$4,922 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$2,128 million in the quarter and R$6,188 million in 2025.  Gross margin of 33.0% in the quarter and 32.7% in the year. Net Revenues Gross Profit and Gross Margin (R$ Million) (R$ Million) +13% +14% 6,188 33.3% 33.0% 32.7% 32.7% 32.6% 5,459 +5% +1% 2,027 +4% +2%

  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 19.9%. Net Income and Net Margin ROE LTM (R$ Million) 28.6% +15% 23.3% 20.9% 20.9% 21.1% 21.4% 19.5% 19.9% 18.4% 17.6% +29% +57% 1,325 1,152 609 473 388 3Q24 3Q25 2Q25 9

  14. Slide 14: Liquidity and Debt

    LIQUIDITY AND DEBT  Adj. Net Debt / Adj. Total Equity attained 8.2%. Debt Overview Indicators Total Debt Corporate Debt (R$ Million) Net Debt / Equity 8.2% 7,327 7,327 7,071 6,798 Average Term 3.2 y 3.6 y 1,048 Short Term 16% 14% 5,363 Corp. Short Corp. Long Term 84% 86% Corp. 4,501 4,215 6,441 Ava

  15. Slide 15: Cash Generation

    CASH GENERATION*  Cash generation of R$423 million in the quarter. +227% (R$ Million) 423 -48% 251 103 198 181 129 255 172 206 115 14 4 -9 -153 -396 3Q24 3Q25 2Q25 9M24 9M25 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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