Slide 1: 4Q24 Earnings Presentation
4Q24 Earnings Presentation ri.klabin.com.br
Slide 2: Disclaimer
ri.klabin.com.br 4Q24 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: 4Q24 Performance – Sales Volume
ri.klabin.com.br 4Q24 Earnings Presentation 4Q24 PERFORMANCE – Sales Volume Pulp Total Sales¹ Adjusted EBITDA by SHORT FIBER 29% 1,106 Segment3 4Q24 400 291 k tons k tons k tons R$ 1.8 bn LONG FIBER/FLUFF 109 k tons 11% Convertion (Integration) Paper - Market Pulp COATED BOARD 20% CORRUGATED Paper &
Slide 4: 2024 Performance – Sales Volume
ri.klabin.com.br 4Q24 Earnings Presentation 2024 PERFORMANCE – Sales Volume Pulp Total Sales¹ Adjusted EBITDA by SHORT FIBER 1,020 k tons 26% 3,870 Segment3 2024 1,454 k tons R$ 7.3 bn k tons LONG FIBER/FLUFF 434 k tons 11% Convertion (Integration) Paper - Market Pulp COATED BOARD 21% CORRUGATED Pap
Slide 5: 4Q24 Results
ri.klabin.com.br 4Q24 Earnings Presentation 4Q24 RESULTS Exchange rate R$ / US$ 4Q23 4Q24 Result driven by the increase in the price of pulp and kraftliner, growth Average dollar 4.96 5.84 in the volume of paper and packaging and the depreciation of the real against the US$ dollar Sales Volume¹ Net
Slide 6: 2024 Results
ri.klabin.com.br 4Q24 Earnings Presentation 2024 RESULTS Exchange rate R$ / US$ Average dollar 2023 5.00 2024 5.39 PM27 and PM28 ramp ups, capture of synergies from the Caetê Project and exchange benefiting the results Sales Volume¹ Net Revenue² Adjusted EBITDA³ (thousand tons) (R$ million) (R$ mill
Slide 7: Total Cash Cost
ri.klabin.com.br 4Q24 Earnings Presentation TOTAL CASH COST Total cash cost of R$ 3,173/ton¹ in 2024, in line with the Company's guidance² Total Cash Cost1 Total Cash Cost² - guidance Total Cash Composition (R$ per ton) (R$ thousand per ton) (R$ per ton) +13% +1% -1% 3% 8% 3% 3,402 3,179 3,206 3,173
Slide 8: Net Debt and Leverage
ri.klabin.com.br 4Q24 Earnings Presentation NET DEBT AND LEVERAGE Maintenance of leverage within the parameters of the Financial Indebtedness Policy¹ Position on 12/31/2024 (R$ bn) Gross Debt5 40.8 Cash² 7.5 Net Debt 33.3 4.5 4.1 3.2 3.3 3.5 3.5 3.0 2.7 2.7 2.7 2.6 2.8 2.7 3.5 3.9 3.9 3.2 3.2 3.2 2.
Slide 9: Amortization Schedule
ri.klabin.com.br 4Q24 Earnings Presentation AMORTIZATION SCHEDULE Strong liquidity position and a long-term debt profile R$ million 4Q24 3Q24 In months 10,626 Average Debt Maturity 87 90 Revolving Credit Cost of Debt in US$ (p.y.) 5.7% 5.7% 3,096 Facility¹ 32 months of cash debt 8,649 coverage² 7,78
Slide 10: Capital Allocation
ri.klabin.com.br 4Q24 Earnings Presentation CAPITAL ALLOCATION Investments Payment of Dividends &IoC (cash) (R$ bn) Dividends + IoC (R$ million) Dividend 5.8% 6.2% Yield² 4.3 1,528 1,358 3.3 3.3 3.3 2023 2024 2024 - 2025 (e) 2023 2024 guidance IoC distribuited at 4Q24³: R$ 425 million Discipline in
Slide 11: Expected Trend
ri.klabin.com.br 4Q24 Earnings Presentation EXPECTED TREND Demand Demanda Sales Price 2 Negative Neutral Positive (Market) (mercado) volume 1 trend trend trend Short Fiber PULP Long Fiber/Fluff Coated Board PAPER Kraftliner Corrugated Boxes PACKAGING Industrial Bags 1 – Volume impacted by the genera
Slide 12: Appendix
Appendix EFFICIENCY THAT van) TRANSFORMS. Klabin
Slide 13: Pulp
ri.klabin.com.br 4Q24 Earnings Presentation PULP Price spread between short fiber and long fiber/fluff at US$ 349/t in the quarter and cash cost reduction of 12%, sustaining the business results Sales Volume Short Fiber and Long Production Cash Cost (thousand tons) Fiber/Fluff Net Price (R$ per ton¹
Slide 14: Paper
ri.klabin.com.br 4Q24 Earnings Presentation PAPER Results driven by the ramp-up of MP27 and MP28, new markets expansion and containerboard price performance COATED BOARD CONTAINERBOARD Sales Volume Net Revenue Sales Volume Net Revenue (Thousand tons) (R$ millions) (Thousand tons) (R$ millions) 2024e
Slide 15: Corrugated Boxes
ri.klabin.com.br 4Q24 Earnings Presentation CORRUGATED BOXES Volume growth of 9% in the quarter, above the market, with emphasis on Klabin’s exposure to the industrialized food, fruit and e-commerce sectors Sales Volume Net Revenue (R$ million) (thousand ton) (million m²) +11% +4% +9% +6% 1,396 5,29
Slide 16: invest@klabin.com.br ri.klabin.com.br
invest@klabin.com.br ri.klabin.com.br/