Klabin Sa · BMFBOVESPA:KLBN3
Klabin Sa — Q3 2024 Earnings Presentation
15 slides from Klabin Sa's earnings presentation, Nov 5, 2024
Slide 1: 3Q24 Earnings Presentation
3Q24 Earnings Presentation ri.klabin.com.br
Slide 2: Disclaimer
ri.klabin.com.br 3Q24 Earnings Presentation DISCLAIMER This presentation may contain forward-looking projections or statements. Such statements are exposed to known and unknown risks and different nature uncertainties that may cause these expectations not to materialize or to differ materially from
Slide 3: 3Q24 Performance – Sales Volume
ri.klabin.com.br 3Q24 Earnings Presentation 3Q24 PERFORMANCE – Sales Volume Pulp Total Sales¹ Adjusted EBITDA by SHORT FIBER 24% 938 Segment3 3Q24 321 224 k tons k tons k tons R$ 1.805 bn LONG FIBER/FLUFF 98 k tons 11% Convertion (Integration) Paper - Market Pulp COATED BOARD 22% CORRUGATED 39% 207
Slide 4: 3Q24 Results
3Q24 Earnings Presentation ri.klabin.com.br Exchange rate 3Q23 3Q24 R$ / US$ 3Q24 RESULTS Avarage dollar 4.88 5.55 Result driven by the increase in the price of pulp and kraftliner, growth in the volume of paper and packaging and depreciation of the real against the US$ dollar Sales Volume¹ Net Reve
Slide 5: Total Cash Cost
3Q24 Earnings Presentation ri.klabin.com.br TOTAL CASH COST Consistent reduction in cash cost per ton in 2024, down 5% in 9M24 compared to the same period in 2023 and up 4% in 3Q24 Total Cash Cost1 Total Cash Cost Composition1 Accumulated (R$ per ton) (R$ per ton) Total Cash Cost1 (R$ per ton) Fuel
Slide 6: Net Debt and Leverage
3Q24 Earnings Presentation ri.klabin.com.br NET DEBT AND LEVERAGE Leverage remains within the parameters of the Financial Indebtedness Policy¹ New Version¹ of the Financial Debt Policy: Position on 09/30/2024 (R$ bn) Leverage target (Net Debt/EBITDA in US$) Gross Debt 37.0 - Between 2,5x and 3,5x ou
Slide 7: Amortization Schedule
3Q24 Earnings Presentation ri.klabin.com.br AMORTIZATION SCHEDULE Robust cash position in 3Q24 even after Project Caetê payment and extended debt profile R$ million 3Q24 2Q24 In months 10,222 Average Debt Maturity 90 88 Revolving Credit Cost of Debt in US$ (p.y.) 5.7% 5.7% 2,724 Facility¹ 35 months
Slide 8: Dividends & IoC
ri.klabin.com.br 3Q24 Earnings Presentation DIVIDENDS & IoC R$ million considering accrual basis Dividend 5.7% 6.0% Yield¹ 1,528 1,340 2023 LTM² sep/2024 Dividends + IOC (R$ millions) 3Q24 IOC³: R$ 425 million (20% EBITDA) Dividend Policy4: Target between 10% and 20% of Adjusted EBITDA 1 – Calculate
Slide 9: December event at Piracicaba II Unit
N =] DECEMBER 10 A (© From 10 am to 3 pm Ar A A Piracicaba II Unit Klabin ° Estrada Professor Messias José Baptista, 2.755, Itaperu, Piracicaba (SP). ByANA a REGISTRATION 2024 IN THE QR CODE. APPLICATIONS ARE OPEN UNTIL NOVEMBER 8. & Live stream from 11 am to 1 pm. Brasilia time YOUR REGISTRATION WI
Slide 10: Expected Trend
ri.klabin.com.br 3Q24 Earnings Presentation EXPECT TREND¹ Demand Demanda Sales Price³ Negative trend Neutral Positive (Market) (mercado) volume² trend trend Short Fiber PULP Long Fiber/Fluff Coated Board PAPER Kraftliner Corrugated Boxes PACKAGING Industrial Bags 1 – Adjusted by production mix and s
Slide 11: Appendix
Appendix von) TRANSFORMS. Klabin
Slide 12: Pulp
3Q24 Earnings Presentation ri.klabin.com.br PULP In a quarter of maintenance stoppage, the efficient allocation of sales between geographies, depreciation of the real against US$ dollar and cost discipline benefited the result Sales Volume Short Fiber and Long Production Cash Cost (thousand tons) Fi
Slide 13: Paper
3Q24 Earnings Presentation ri.klabin.com.br PAPER Sales volume driven by PM27 and PM28 ramp-up and strengthened by growing demand of kraftliner COATED BOARD CONTAINERBOARD Sales Volume Net Revenue Sales Volume Net Revenue (Thousand tons) (R$ millions) (Thousand tons) (R$ millions) +23% 2024e +47% 1.
Slide 14: Corrugated Boxes
3Q24 Earnings Presentation ri.klabin.com.br CORRUGATED BOXES Solid demand and diversified mix led to strong growth in the volume sold of corrugated cardboard in the annual comparison Sales Volume Net Revenue (R$ million) (thousand ton) (million m²) +3% +5% 1.327 1.367 425 404 +4% 226 236 3Q23 3Q24 3
Slide 15: invest@klabin.com.br ri.klabin.com.br
invest@klabin.com.br ri.klabin.com.br/