Slide 1: Result Presentation 3Q25 e 9M25
Result Presentation 3Q25 e 9M25
Slide 2: Disclaimer
Result Presentation – 3Q25 e 9M25 Disclaimer Some of the statements contained herein are based on the Company’s current assumptions and outlook, which may result in material variations in future results, performance, and events. These expectations include future outcomes that may be shaped by histor
Slide 3: Financial and Operational Highlights – 3Q25 e 9M25
Financial and Operational Highlights – 3Q25 e 9M25 Growth 42 new stores opened in the quarter, reaching 1,597 stores in operation, the highest level in our history; • 31 Brazil new franchises, 1.416 operating stores; • 11 Argentina new franchises, 181 operating stores; Confirmed Bookings: +R$568 mil
Slide 4: Highlights & Strategic Pillars
Highlights & Strategic Pillars
Slide 5: Strategic Pillars - B2C Brazil
Strategic Pillars - B2C Brazil 1 Exclusive Products 2 Alternative Payment Methods 16.3% 16.0% Alternative payment methods Credic Card 10.0% Share of Exclusive Products 3Q23 3Q24 3Q25 63% 58% 69% Preferred and 50.4% 64.3% 69.7% 70.4% 76.6% recommended Hotel 37% 42% 31% Other Hotels 49.6% 35.7% 30.3%
Slide 6: Conectaas | New business unit of CVC Corp
Conectaas | New business unit of CVC Corp Value Proposition Strategic Partnership Distributor of inventory negotiated by CVC for global travel players (agencies, tour operators, Relevant Partnerships distributors, and OTAs); Highly scalable technology (API – Plug & Play) with low Opex and Capex requ
Slide 7: Capital Structure
Capital Structure Rating Evolution¹ “Expectation of a gradual improvement in CVC’s debt profile BBB Positive BBB and conditions, greater access to funding sources, and BB+ Stable Outlook Outlook 55 continued strengthening of profitability and capital structure” 50 Stable Outlook 40 Fitch Ratings – I
Slide 8: Financial Results 3Q25
Cvec corp Financial Results 3Q25
Slide 9: Brazil: Growth in Confirmed Bookings, reflecting expansion and new clients
Brazil Growth in Confirmed Bookings, reflecting expansion and new clients Confirmed Bookings (million of R$) Net Revenue¹ (million of R$) and Take Rate (%) 881.4 900,0 809.5 800,0 600,0 500 12.000,0 70 0,0 9.536.9 500,0 400 600,0 10.000 ,0 8.424.7 400,0 +8.9% 318.8 500,0 309.4 8.000,0 30 0 400,0 +13
Slide 10: Argentina: Operational improvements and strategy reinforcement
Operational improvements and strategy reinforcement Argentina benefit from Argentina’s economic recovery Confirmed Bookings (million of R$) Net Revenue (million of R$) and Take Rate (%) 200 ,0 199.4 3.500,0 2.919.2 3.000,0 180,0 165.7 160,0 +20.4% 2.50 0,0 140,0 1.979.7 120,0 923.4 2.000,0 100,0 776
Slide 11: Consolidated Net Revenue and expenses
Consolidated Increase in Net Revenue, cost and expense reduction Net Revenue and expenses Net Revenue¹ (million of R$) and Take Rate (%) G&A/Net Revenue (million of R$ and %) Brazil Sales Expenses/Confirm. Bookings (million of R$ and %) Brazil 423.7 438.0 1.080.8 181.8 975.2 +3.4% 155. +10.8% +17.1%
Slide 12: Consolidated EBITDA Growth and Adjusted Net Income in 9M25
Consolidated EBITDA¹ Growth and Adjusted Net Income² in 9M25 EBITDA¹ and EBITDA¹ Margin (million of R$) 327.5 277.7 281.3 244.6 49.9 118.2 119.5 +13.5% 36.6 130.5 +16.4% 124.7 +36.1% +1.1% +4.7% 11.0 30.3% 31.5% 6.5 +68.8% 25.0% 38.2% 30.2% 34.3% 34.6% 28.8% 37.5% 18.9% 12.0% 22.1% 3Q24 3Q25 9M24 9M
Slide 13: Capital Structure: Operational improvement and working capital management
Capital Operational improvement and working capital management lead Structure to significant progress in the capital structure. Operating Cash Flow Generation (Consumption) million of R$ Overall Debt 3Q25 2Q25 ▲ R$ million of R$ 141.3 145.9 Gross Debt (384.6) (650.8) 266.2 +4.0MM +202MM Cash & Equiv
Slide 14: Q&A
Q&A