Slide 1: Earnings Results 3Q25
Earnings Results 3Q25 November 17, 2025
Slide 2: Disclaimer
Disclaimer Any estimates and statements that may be made during this presentation about future operations regarding our strategy and future growth opportunities are based primarily on our current expectations and estimates or projections of future events and trends that affect or may affect our busi
Slide 3: 3Q25 Highlights
3Q25 Highlights EBITDA1 Net Income Net Debt Under Management² Cosan Corporate3 Cosan Corporate3 Under Cosan Corporate² R$ 7.4 bn Management¹ (R$ 8.4 bn at 3Q24) R$ (1.2) bn R$ 18.2 bn (R$ 0.3 bn at 3Q24) (R$17.5 bn at 2Q25) Dividends and IoC Received DSCR4 LTIF5 Cosan Corporate3 Cosan Corporate3 Cos
Slide 4: Operational Performance 3Q25
Operational Performance 3Q251 • Largest volume transported (23.4 bn TKU; • Growth in distributed volume (+3%) • Volumes of lubricants sold were stable (-1%) +8%) • Reduction of the average fare (-6%) • Increase in the volume traded by EDGE • Reduction of EBITDA (-7%), reestablishment of directed to
Slide 5: Liability Management | Cosan Corporate
Liability Management | Cosan Corporate DSCR Gross Debt Net Debt¹ and DSCR2 (R$ bn) (R$ bn) Net Debt 1.2x 1.1x 1.2x 1.2x 1.0x 24.2 21.7 23.5 21.5 21.6 17.5 17.5 18.2 3Q24 2Q25 3Q25 3Q24 4Q24 1Q25 2Q25 3Q25 Amortization schedule3 (R$ Mn) Medium term 5.9 years 4,996 3,660 4,124 3,453 3,289 3,193 Averag
Slide 6: Managerial Cash Handling | Cosan Corporate
Managerial Cash Handling | Cosan Corporate (R$ Mn) 48 (563) (6) 3,975 3,453 Cash and cash equivalents, initial¹ Dividends and interest Interest and other 3 Other 4 Cash and cash equivalents , ending¹ on capital received² financial expenses Sources Uses Notes: (1)Includes TVM; (2) includes capital re
Slide 7: Q&A Perception Call – 3Q25
Perception Call – 3Q25 Q&A Please answer the following questions to help improve presentations. our future results
Slide 8: Perception Call – 3Q25
Perception Call – 3Q25 Please answer the following questions to help improve our future results presentations. www.cosan.com.br ri@cosan.com