Results Presentation | 1Q25

April 30, 2025

"A resilient performance strengthens confidence in the Company's strategy against the backdrop of a challenging environment"

Net Revenues

EBITDA

Net Income

(in millions of Reais)

1Q25

357.2

-6.1% vs 1Q24

52.9

-41.5% vs 1Q24

14.8% margin (-9.0 p.p.)

25.6

-51.0% vs 1Q24

7.2% margin (-6.5 p.p.)

1Q24 380.3 90.4

23.8%

EBITDA Margin

52.2

13.7%

Net Margin

3

Key highlights | 1Q25 and 1Q24

Net Operating Revenues Performance

Farms

Agribusiness

International Business

Ports and Terminals

Replacement and Services

21%

3% 1Q25

11%

37%

R$131.7

R$100.8

R$40.9

R$10.6

R$73.1

1Q25

28%

-0.2%

-4.9%

+5.3%

-77.2%

+28.6%

1Q25 x 1Q24

12%

15%

1Q24

35%

R$132.0

R$106.0

R$38.8

R$46.6

R$56.9

1Q24

10%

28%

4

Business areas

(in millions of Reais)

Significant Supplies negotiated in the period

Summary of certain Significant Orders

Farms

05 projects

02 large-sized producers

03 Medium-sized producers

Agribusiness

03 projects

03 Cooperatives

International Business

03 projects

02 Agribusinesses

01 Large-sized Producer

Ports and Terminals

02 projects

02 Grain Dealers

R$93.5 MM in new orders in 13 strategic

projects

* Billings from March 2025 through to the corresponding delivery dates. 5

EBITDA | 1Q25

(in millions of Reais)

(0.2)

(0.1)

52.9

90.4

-37.5

(-41.5)

1Q24 GROSS

PROFIT

SG&A

OTHERS

1Q25

6

Capex Evolution

-19%

21.2

17.2

7.8

8.4

9.9

(in millions of Reais)

Some examples of Investiments made in 1Q25 towards increasing manufacturing capacity

1Q24 2Q24 3Q24 4Q24 1Q25

Eccentric press with feeder

Elevator for Painting in Campo Grande

34%

13%

1Q24

26%

27%

35%

8%

1Q25

22%

35%

Increase in manufacturing capacity New Products

IT

Support

7

Investiments | CAPEX

Cash and cash equivalentes | Net Cash 1Q25

Cash and cash equivalents (Gross Balance)

Net Cash

R$54.6

million

8

Return on Invested Capital (ROIC)

ROIC for the Last 12 Months

-5.4 p.p.

12M24 x 1Q25:

-12.9% Operating Income After Taxes

+3.5% Invested Capital

34.2%

28.8%

12M24 1Q25

9

Increasing Returns to our Shareholders

Dividends on earnings and Payout

PAYOUT 2024

75%

Dividends

R$70.0 million | R$0.40399745 per share Paid on April 16, 2025

18% 21% 30%

47%

Evolution of Cash Basis

(in millions of Reais)

62% 75%

Payout: % of Net Income Distributed

179

153 149

7 14

47

25

4 3

8 6

21

19

30

2019

2020 2021

2022 2023 2024

Business Dynamics, Strategy, Management, and Value Creation

1. Kepler Weber Business Cycle

2. Thesis, Strategy and Management

3. Return to Shareholders and Prospects for 2025

1. Kepler Weber Business Cucle

Macroeconomic elements, such as harvest size, commodities price and interest define agribusiness cyclicity

(*) There is a gap between formalization of commercial negotiations and recognition of Net Revenue, which occurs as the products are actually delivered. Source: Central Bank of Brazil; Cogo Inteligência (amounts for harvest and corn expressed in 60-kg bags).

1

2. Thesis, Strategy and Management

Demand for storage, diversification and efficient management support consistent results, even in challenging scenarios

• 3 significant agreements in the biofuels segment, one of which is the largest signed in the past 5 years by KW across all segments

increases solution, partner in

strengthening Kepler as a modernization of the field.

Highlights:

complete

for

Agribusiness industrialization demand

Highlights:

• Expectation of record harvest in 2025 (332 million tons)

• We ratify our order book in line with last

year.

Agribusiness Industrialization

Storage Déficit

Storage deficit sustains demand for Kepler solutions, ensuring revenue resilience and continuity in the comercial pipeline.

Kepler sees data monetization as a strategic lever, integrating digital solutions to agribusiness.

Highlight:

• The agreement with XP, signed in April/25, strengthens this front focused on hedging and recurring revenue generation via Procer

Data Monetization

Highlights:

• Resumption of operation in Argentina, which regained relevance in the revenue mix in 2025

Business Diversification

Increase in International Business (+5.6%)

and Replacement and Services (+28.6%)

reinforces our diversification strategy

Customer Relationship

Kepler maintains a close relationship with its customers, who show high level of satisfaction with the quality of services provided.

Highlights:

• NPS by 100%, from 36 in 2018 to 72 in

  2024

• In 2024, Market Share recorded 1.1 p.p. gain against 2023

Control of Expenses

In the past years, efficient management of costs and expenses has ensured preservation of margins and the Company's resilience in challenging scenarios.

Highlights:

• Decrease in G&A: 7% reduction in 1Q25 against the previous year reinforces efficient control of company expenses

(*) With 100 years of history, Kepler has gone through several cycles and today supports a strategy that guarantees resilienc e even in challenging contexts..

2

2b. Kepler's New Profitability Level

Demand for storage, along with strategy and management, has driven current margins to completely different levels compared to the 2015-2017 three-year period.

55

50

45

40

35

30

25

20

15

10

5

0

-5

16

15

14

13

12

11

10

9

8

7

6

5

4

3

16

2015-2017 | Margins < 5% 2024-2025 | Margins > 15%

Between 2015 and 2017, Kepler's EBITDA margin was negatively impacted by high interest rates and the decline in soybean prices.

14 14

Kepler's minimum level has evolved: even in a scenario similar to the past, we continue to maintain solid margins, above the levels seen from 2015 to 2017

9 10 10 9

9

9

19.0%

30.2%

22.1%

11

20.0%

10

EBITDA

Margin1Q25:

14.8%

18.4%

4.1%

8.4%

14.3% 16.2%

-2.2%

SELIC

(*) Considering up to March 31, 2025

Source: Central Bank of Brazil (Selic); Cogo Inteligência (CBOT Soybean )

CBOT Soybean USD/Bushe

3

3. Return to Shareholders & Prospects for 2025

R$54.6 million net cash and R$356.8 million gross balance of cash and cash equivalentes in 1Q25.

Dividends amounting to R$70.0 million paid on April 16, equivalent to R$0.404 per share. KW largest dividend paying company in the Agribusiness sector in 2025.

Enhancing shareholder profitability with financial strength

Focus on executing the KW2030 plan, driving efficiency via LEAN culture, market expansion and strategic use of data.

DIV: Dividends

JCP: Interest on Equity

Payout: Percentage of Net Income Distributed

62%

75%

18%

21%

30%

47%

179

153

149

47

7

14

4

3

8

6

2019

2020

21

2021

19

2022

2023

2024

30

33

The expectation for 2025 is a record harvest, with good volumes, but at current levels of interest rates and commodity prices.

4

1Q25

Use the platform to ask

your question!

BERNARDO

NOGUEIRA

CEO

RENATO

ARROYO

Financial and IR Officer

+55 11 4873.0310 | 4873.0302

ri@kepler.com.br https://http://ri.kepler.com.br