Slide 1: 2Q25 Earnings Presentation
2Q25 Earnings Presentation August 07, 2025
Slide 2: Disclaimer
Disclaimer Forward-looking statements are exclusively related to the prospects of the business, its operating and financial results, and prospects for growth. These data are merely projections and, as such, based exclusively on our management's expectations for the future of the business and its con
Slide 3: 2Q25 Main Highlights
2Q25 Main Highlights 5.5% INCREASE IN SELL-OUT¹, WITH AVERAGE GROWTH OF 8.4% IN MAY, JUNE AND JULY COMPLETION OF THE WORKING CAPITAL OPTIMIZATION PROCESS 126 116 119 3,108 89 2,993 2,249 60 1,588 1,239 2Q24 3Q24 4Q14 1Q25 2Q25 2Q25 Working Capital Investment as a % of Net Revenue2 49% 54% 53% 58% 32
Slide 4: 2Q25 Main Highlights
2Q25 Main Highlights APPROVAL OF INTEREST ON EQUITY IN THE AMOUNT OF R$185.1 MILLION (R$0.29/share) ELECTION OF THE BOARD OF DIRECTORS Álvaro Stainfeld (Chairman) Mauro Cunha* Luciana Alves de Queiroz Rachel Maia* Esteban Malpica João Alves de Queiroz Filho** Bernardo Malpica João Schmidt New member
Slide 5: 2Q25 Results (R$ million)
2Q25 Results (R$ million) NET REVENUE R$ 2,153.9 -1.6%1 GROSS MARGIN 60.1%2 -80bps3 MARKETING EXPENSES R$ 361.4 +8.4%1 SELLING EXPENSES R$ 229.5 -9.9%1 GENERAL AND ADMINISTRATIVE EXPENSES R$ 72.9 -24.5%1 EBITDA MARGIN FROM CONTINUING OPERATIONS 33.7%2 -80bps3 NET EARNINGS FROM CONTINUING OPERATIONS
Slide 6: 2Q25 Cash Flow (R$ million)
2Q25 Cash Flow (R$ million) 443 205 1,740 (157) (81) (716) (25) 1,204 (7,615) (8,818) Gross Cash at the Cash Flow From PP&E Intangibles 2Q25 Free Cash Financing Cash IoC Gross Cash at the Gross Debt at the Net Debt at the end of 1Q25 Operations Flow Flow end of 2Q25 end of 2Q25 end of 2Q25 6 Note: C
Slide 7: efd
efd harma