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

Eucatex S.a. Industria E Comercio — 2Q23 Earnings Presentation

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

  1. Slide 1: Earnings Release 2Q23

    Earnings Release 2Q23 e 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 2Q23 8.4% 10.9% 1H23 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 The index declined 31.0% from 2013 to 1H23. 7 Source: ABRAMAT

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

    Construction Segment ABRAFATI Index Domestic Market The index declined 0.9% from 2013 to 1H23. 8 Source: ABRAFATI

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

    Construction Segment Flooring Market (IBÁ) The index declined 32.1% from 2013 to 1H23. 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 2Q23 vs. 2Q22 Total Total -10.7% Domestic Market -1.8% Export Market -47.4% % Variation 1H23 vs. 1H22 Total Total -9.8% Domestic Market -1.2% Export Market -46.2% So

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

    Net Operating Revenue (R$ million) Furniture Industry and Resale Segment Construction Segment 2Q23 11.5% 7.3% 19.8% 1H23 5.5% 11

  12. Slide 12: Export Segment

    Export Segment Net Operating Revenue (R$ million) Breakdown of NOR by Segment 2Q23 -3.3% 0.6% 1H23 12

  13. Slide 13: Financial Performance

    Financial Performance eucatex”™ 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 8.4% 13.1% 10.7 % 8.9% 53.4% 10.9% 9.2% 12.0% 14.9% 17.2% 14

  15. Slide 15: Debt

    Debt Debt (R$ Million) 1Q23 1Q23 Var. (%) 2022 Var. (%) Short-Term Debt 267.3 255.9 4.4% 263.5 1.4% Long-Term Debt 416.3 384.2 8.4% 361.6 15.1% Gross Debt 683.6 640.1 6.8% 625.1 9.4% Cash and Cash Equivalents 133.3 125.2 6.5% 94.9 40.4% Net Debt 550.3 514.9 6.9% 530.2 3.8% % Short-Term Debt 39% 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 2Q23 Net Revenue (R$ Million) 529.5 556.3 654.0 709.6 597.8 600.9 672.8 639.1 651.3 650.9 Trade Accounts Receivable 459.5 427.4 514.5 525.6 501.6 503.3 525.5 505.3 591.9 642.8 Inventories

  17. Slide 17: Investments

    Investments Investments Made Planned for 2023 R$251.0 million 17

  18. Slide 18: Sustainability

    Sustainability eucatex™ cult ivands uel y -

  19. Slide 19: Forest Sustainability

    Forest Sustainability 130 farms with eucalyptus plantations, Average Radius totaling Botucatu Botucatu Salto 43,000 hectares, of which 35,500 MDP Fiberboard hectares 78 km 143 Km 83 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: 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

Eucatex S.A. Indústria e Comércio — 2Q23 Earnings Presentation on 6ix