Syn Prop E Tech Sa · BMFBOVESPA:SYNE3
Syn Prop E Tech Sa — Syn Prop E Tech Sa S/Gdr — Q2 2026 Earnings Presentation
14 slides from Syn Prop E Tech Sa's earnings presentation, Aug 14, 2026
Slide 1: Results 2Q26
SYN ——— «(GPG CIDADE SKO PAULO "== RESULTS SSP APRR! 2Q26
Slide 2: Disclaimer
DISCLAIMER This Presentation includes forward-looking statements, which are based upon historical data and reflect expectations and objectives of the Management. Such statements involve risks and uncertainties and, therefore, are not guarantees of future performance. Syn’s future results may differ
Slide 3: 1. Operational Performance
| 2Q26 1. OPERATIONAL PERFORMANCE
Slide 4: Shopping Malls | 2Q26
SHOPPING MALLS | 2Q26 PHYSICAL OCCUPATION FINANCIAL OCCUPATION 94.4% 96.2% Outro 95.2% 95.7% 2Q25 2Q26 2Q25 2Q26
Slide 5: Shopping Malls | 2Q26
SHOPPING MALLS | 2Q26 SALES EVOLUTION (R$ MM) SAME STORES SALES (SSS) +5,1% 4.2% 3.4% 2.9% 788,8 1.8% 6,7 3Q25 4Q25 1Q26 2Q26 16,5 SAME STORES RENT (SSR) 15,3 750,3 6.2% 6.0% 5.6% 3.2% 2.82% 3.16% -1.05% -1.83% Total Sales SSS New Kiosks and Total Sales 3Q25 4Q25 1Q26 2Q26 2Q25 Stores Events 2Q26 IG
Slide 6: Corporate Buildings | 2Q26
CORPORATE BUILDINGS ¹ | 2Q26 PHYSICAL OCCUPATION FINANCIAL OCCUPATION 94.2% 94.6% 91.0% 88.6% 88.9% 88.6% 90.6% 91.0% 2Q25 2Q26 2Q25 2Q26 2T26 Triple A 75.7% Triple A 87,2% Class A 91.5% Class A 93,3% Building occupancy (formerly the vacancy of Brasílio Machado) ¹ The analysis does not consider the
Slide 7: Warehouses | 2Q26: CLD Summary
WAREHOUSES | 2Q26 CLD SUMMARY – FIRST QUARTER WITH 100% OPERATION 21,848 sqm 11,758 sqm 33,606 sqm 128,516 sqm 100% SYN GLA (Direct) ¹, ² SYN GLA (Indirect) ³ SYN GLA (Total) Total GLA Physical Occupation DELIVERIES OCCUPATION ORG CHART SYN 23.9% FIP SPX Oct/23 Dec/24 Dec/25 Mar/26 17.0% CLD 100% le
Slide 8: 2. Financial Performance
| 2Q26 2. FINANCIAL PERFORMANCE
Slide 9: Proforma Same Properties Results (R$ MM)
PROFORMA SAME PROPERTIES RESULTS (R$ MM) | 2Q26 TOTAL NOI ¹, ² MALLS ¹ OFFICES +10.5% 48.3 43.7 +9.6% 35.3 32.2 +13.1% 11.4 12.9 1H25 1H26 1H25 1H26 1H25 1H26 ¹ Includes the effect of PDD and excludes the result of CDU. ² The total NOI excludes the CLD values (R$ 4.2 million in 1H26 and R$ 1.5 milli
Slide 10: Proforma Results (R$ MM)
PROFORMA RESULTS (R$ MM) | 2Q26 Adjusted EBITDA Adjusted FFO +27.9% 50.7 39.6 -13.6% 25.6 22.1 1S25 1S26 1S25 1S26
Slide 11: Indebtedness Proforma
INDEBTEDNESS PROFORMA | 2Q26 NET DEBT (PROFORMA) (R$ ‘000) 2Q26 1Q26 2Q25 Gross Debt 499,555 493,831 505,049 Cash, Investment and Securities ¹ 198,286 192,105 553,063 Total Net Debt 301,269 301,726 -48,014 Adjusted EBITDA LTM 94,753 89,411 86,132 Total Net Debt / Adjusted EBITDA LTM 3.18x 3.37x -0.5
Slide 12: Indebtedness Proforma: Amortization Schedule
INDEBTEDNESS PROFORMA | 2Q26 AMORTIZATION SCHEDULE (R$ MM) INDEXERS AVERAGE SPREAD 463.9 CDI 9.4% 6.5% 450.7 27.0 Average Cost 84% CDI ¹ 13.8 6.9 1.2% 13.2 13.2 0.0 90.6% 6.9 Spread Médio 2026 2027 2028 2029 IPCA CDI IPCA Loans and Financing Corporate Debt ¹ Considering the spot CDI and the IPCA UDM
Slide 13: Investor Relations
| 2Q26 INVESTOR Thiago Muramatsu Hector Carvalho Leitão CEO CFO & IRO RELATIONS +55 (11) 5412-7601 +55 (11) 5412-7601 ri@syn.com.br ri@syn.com.br
Slide 14: SYN S.A.
SYN S.A. | Av. Brigadeiro Faria Lima, 3600 - 14° floor - Itaim Bibi Zip code: 04538-132 - São Paulo/SP - Brazil
Syn Prop E Tech Sa S/Gdr — Q2 2026 Earnings Presentation on 6ix