Anima Holding Sa · BMFBOVESPA:ANIM3
Anima Holding Sa — Ânima Educação — Merger or Acquisition (July 2026)
16 slides from Anima Holding Sa's merger presentation, Jul 14, 2026
Slide 1: Disclaimer
Disclaimer The general and summarized information related to the activities carried out by Ânima Educação to date does not constitute, in any way, an invitation, offer or solicitation to purchase shares. This presentation may contain statements that express the mere expectation of the Company's mana
Slide 2: Acquisition of FMU
Acquisition of FMU July 2026
Slide 3: Fifth largest private HEI in the city of São Paulo
Fifth largest private HEI in the city of São Paulo with solid positioning and tradition in the market
Slide 4: FMU
FMU Fifth largest private HEI¹ in São Paulo with solid positioning and tradition in the market Campus Vila Nova Casa Metropolitana do Conceição Direito years campuses DL academic students of tradition in São Paulo units in Brazil Campus Complexo Liberdade Campus Galvão Bueno ACADEMIC PRESENT IN ALL
Slide 5: Differentiated academic project, with emphasis on Law and Health courses
FMU Differentiated academic project, with emphasis on Law and Health courses FMU: maximum Institutional Rating in MEC, both in on-campus and in DL REFERENCE IN THE LAW COURSE STRONG PRESENCE IN HEALTH COURSES TRADITION: 4th oldest course in São Paulo, where today there are 103 LEARNING IN PRACTICE:
Slide 6: Leader in quality higher education in Brazil
+ Leader in quality higher education in Brazil
Slide 7: Rationale for this acquisition
Rationale for this acquisition Growth of the Ânima RESUMPTION OF STRENGTHENING R E L E VA N T ecosystem driven by the FMU'S GROWTH D L and P O T E N T I A L EFFICIENCY arrival of a HEI with enabled by its F O R E X PA N S I O N GAINS, STRONG BRAND new financial IN HYBRID with the potential to IN BRA
Slide 8: Rationale: strong brand in Brazil's largest market
Rationale for this acquisition 1 – STRONG BRAND IN BRAZIL'S LARGEST MARKET, DRIVING ÂNIMAECOSYSTEM GROWTH Number of students in 1Q26 (‘000) STRENGTHENING THE PRESENCE IN SÃO PAULO, largest market in Brazil, +15% 391 currently with 767 thousand students in on-campus and distance learning 340 38 44
Slide 9: Rationale: successful restructuring enables resumption of FMU's growth
Rationale for this acquisition 2 – SUCCESSFUL RESTRUCTURING PROGRAM ENABLES RESUMPTION OF FMU'S GROWTH Financially restructured, FMU resumes its FOCUS ON OPERATION On-campus market in São Paulo¹ AND GROWTH, in a unique opportunity to regain the space lost in recent years FMU's market-share (in % o
Slide 10: Rationale: strengthening digital and potential for expansion in hybrid learning
Rationale for this acquisition 3 – STRENGTHENING THE DIGITAL AND POTENTIAL FOR EXPANSION IN HYBRID LEARNING Distance Learning market in São Paulo¹ FMU has been ONE OF THE MAIN WINNERS IN THE DISTANCE Freshmen – DL (students, base 100) LEARNING SEGMENT since 2020 Ânima will benefit from operation
Slide 11: Rationale: relevant efficiency gains
Rationale for this acquisition 4 – RELEVANT EFFICIENCY GAINS We trust in our INTEGRATION CAPACITY, extracting relevant gains of scale We see the potential to E X P A N D and raising FMU's profitability to the levels of our HEIs and seeking IRR¹ F M U ' S M A R G I N to the current levels HIGHER THAN
Slide 12: Transaction Structure
Transaction Structure PURCHASE Acquisition of 100% of the shares of Faculdades Metropolitanas Unidas Educacionais Ltda. ("FMU") STRUCTURE PURCHASE R$ MM 410 PRICE 170 240 Acquisition price - Acquisition price - Acquisition price payment at closing¹ deferred payment² (on 12/31/2029 or 3 years after C
Slide 13: Adjusted net debt and Judicial Reorganization Plan of FMU
Adjusted net debt (ex-IFRS 16)¹ and Judicial Reorganization Plan (JRP)² of FMU Liabilities restructured at an average cost compatible with Ânima's Nature 03/31/2026 (a) Bank indebtedness renegotiated under the JRP with a rate of CDI + (R$ Mm) 3.5% p.a. with quarterly interest payment and amortizatio
Slide 14: Leverage of Ânima Educação proforma post-acquisition of FMU
Leverage of Ânima Educação proforma post-acquisition of FMU Our financial strength enables this strategic acquisition FMU Ânima Ânima 1Q26 1Q26 Acquisition Adj. net debt Adj. EBITDA ex- proforma (reported) price 1Q26 IFRS 16 LTM post acquisition Adj. net debt (ex-IFRS) 16¹ 2,925.9 410.0 150.3 3,486.
Slide 15: We remain firm in Ânima's sustainable growth strategy
We remain firm in Ânima's sustainable growth strategy Commitment to Focus on OPERATIONAL Driving SUSTAINABLE FINANCIAL STRENGTH, EFFICIENCY, the result of REVENUE GROWTH by based on the organic our discipline in the strengthening our deleveraging trajectory, as management of costs and portfolio of s
Slide 16: Thank you!
Thank you! ri@animaeducação.com.br https://ri.animaeducacao.com.br/