Publicly-held Company
CNPJ nº 21.314.559/0001-66 NIRE 35.300.472.101
CVM Code nº 23.825
MATERIAL FACT
Net Income Guidance Achievement and Reduction in LeverageMOVIDA PARTICIPAÇÕES S.A. ("Movida" or "Company") (B3: MOVI3), in compliance with CVM Resolution No. 44 of August 23, 2021, and subsequent amendments, announces to its shareholders and the market in general its preliminary results for 1Q26 (unaudited figures).
The 1Q26 results demonstrate the consistency of the Company's execution, driven by improvements in operational and financial performance, as well as enhanced service quality for customers, in line with our strategic planning. This disciplined execution has continuously strengthened profitability indicators and value generation for Movida.
Net Income Guidance was reached in 1Q26Net income in 1Q26 of R$124,6 million, the highest quarter net income reported by the Company over the past 4 years, with growth of 59% compared to 1Q25 and 83% above market consensus.
Note: Bloomberg consensus as of April 14, 2026. Average Selic target rate source: https://www.bcb.gov.br/controleinflacao/historicotaxasjuros. Disclaimer: The information presented herein is preliminary, unaudited, and subject to revision until the official disclosure date. The projections are based on the Company's unaudited financial information available as of the date of this release.
Preview of 1Q26 ResultsThe execution of the strategic plan has resulted in a continuous improvements in operational efficiency, highlighted by a 20% increase (R$152 million) in EBIT in 1Q26 compared to 1Q25.
Note: Preliminary, unaudited information subject to review until the date of official release
Leverage of 2.65x in 1Q26 followed a consistent downward trajectory compared to 3.07x in 1Q25, in line with the Company's strategic planning and the strengthening of its key development pillars. On a pro forma basis, leverage in 1Q26 stands at 2.54x, considering a capital increase of R$690 million, based on subscriptions received to date for the share offering disclosed in the material fact dated March 5, 2026. The capital increase may reach up to R$750 million upon completion of the process.
Used Cars margins and volumes remained stable, with the average fleet age maintained at healthy levels. The model mix and store positioning enabled a higher share of retail sales within the overall sales mix. The accuracy of fleet residual values was validated by strong fleet turnover, with 91% of vehicles remaining from year-end 2023 sold by 1Q26.
*Considers a capital increase of R$690 million, based on subscriptions received as of April 22, 2026, within the context of the share offering disclosed in the material fact dated March 5, 2026.
The 1Q26 results reflect the consistency and execution discipline of our people and reinforce confidence in MOVIDA's value creation trajectory.
São Paulo, April 22, 2026
MOVIDA PARTICIPAÇÕES S.A.Daniela Sabbag Papa CFO & IRO