Apresentação aos Investidores – CaixaBank

O U R P U R P O S E

PEOPLE, THEIR

QUALITY OF LIFE, AND THE PLANET'S FUTURE ARE WHAT INSPIRE AND MOVE US

Trust

Integrity

Entrepreneurship

Innovation

Sustainability

Excellence

We believe in people, we accept everyone's contribution, and we respect their identity. We are committed to development, cooperation and communication

We are guided by principles of transparency, ethics and respect in our relationships among ourselves and with others

We are passionate about what we do, we like to get out of our comfort zone, we have the courage to take decisions and to accept risks in a responsible way

By expanding our knowledge and creative potential, together we can achieve the impossible

The balance between the Economic, Environmental and Social pillars of Sustainability is the foundation of our business model

We believe in quality, efficiency, safety and rigor in everything we do

1. B I O I N D U S T R Y O N T H E R I G H T S I D E O F T H E F U T U R E

Forest

Integrated

Producer

PackagingPaper

Tissue

Source: NVG Report 2023

An integrated producer of forestry, pulp, paper, tissue, sustainable packaging solutions and bioenergy, based on unique raw material (Eucalyptus Globulus), continuous R&D and state-of-the-art factories worldwide.

Production capacity of 1.6 Mt of pulp, 1.6 Mt of paper, 165.000 t of tissue per year (310.000 t converting), and 381 MW of installed power

for energy production.

The Group has a vertically integrated forestry business, with its own forestry research institute, and is responsible for planting a vast area of forest in mainland Portugal (1.2% of the country's area), 100% certified by the FSC® and PEFC systems.

More than 90% of Navigator's sales of goods are sold to 130 countries, across all 5 continents.

Navigator is a bioindustry on the right side of the future, when it leads the research and industrialization of a new generation of forest- based bioproducts, but also when takes care of its impacts.

Navigator was one of the 1st companies in the world, to make an ambitious commitment to decarbonize its industrial complexes, anticipating national and European targets by 15 years.

The investment allocated to its Decarbonization Roadmap amounts to 340 million euros, to be implemented between 2019 and 2028, 89% of which has already been or is in the process of being implemented.

5

R & D

Leader in Eucalyptus

globulus cloning

T I S S U E

#1 Portugal, #2 Iberia, #4 Consumer Tissue in UK

165 Kt Reels

310 Kt Converting *

Tissue 15% (vs. 8%)

F O R E S T

109,086 ha of forest under management 4

356 Kha Land Use Rights in Mozambique

P U L P

#1 Europe, #7 World

1.6 Mt of BEKP pulp

P A P E R

k tAD

6551 5551 3902

E N E R G Y

• Average: 24.8%
• Std: 2.8%
• Min: 21%
• Max: 30%

Source: NVG Report 2023

7

6.2 Million t CO2 eq

• 8 Million

Plants produced

at Portuguese

Nurseries

1,057 Species of

Flora 253 Species of

Fauna

RAIZ

109,086 ha

9.6 Million

Forest and Paper Research Institute Improve forestry management

Increase eucalyptus Yields

EUCALYPTUS GLOBULUS wood differentiates from other eucalyptus or hardwood species given the quality of its (short) fibers, providing higher thickness, specific

volume, opacity and drying capacity. Due to its morphology, Eucalyptus allows 2-6 more recycling cycles compared to other paper fibers

ZARAGOZA

• Tissue - 35,000 t reels 60,000 t converting 1
• Energy - 5 MWp

AVEIRO

• Pulp (Market) - 390,000 tAD
• Tissue - 70,000 t reels 55,000 t converting 1
• Energy - 47 MW

FIGUEIRA DA FOZ

• Pulp (Integrated) - 655,000 tAD
• Paper - 800,000 t
• Energy - 165 MW

SETÚBAL

• Pulp (Integrated) - 555,000 tAD
• Paper - 700,000 t
• Packaging - 100,000 t
• Energy - 164 MW

1 total nominal capacity l 2 Tissue UK acquisition effective - May 24, 2024

3,927 EMPLOYEES

38 Nationalities

2 1

4

3

5

9

With global capacity of:

• 1.6 Mt of Paper
• 1.6 Mt of Pulp
• 165 kt of Tissue Reels
• • 310 kt of Tissue Converting
• 381 MW of Energy

TISSUE UK 2

• 1:LEYLAND - 34,000 t converting 1
• 2:BLACKBURN - 50,500 t converting 1
• 3:LEICESTER - 38,000 t converting 1
• 4:FLINT - 5,000 t converting 1
• 5:BRIDGEWATER - 3,500 t converting 1

VILA VELHA DE RÓDÃO

• Tissue - 60,000 t reels 65,000 t converting 1

• Sustainalytics' ESG Risk Rating 2024: Navigator at the top of the Paper & Forestry and Paper & Pulp clusters, on the lower fringe of the "low" risk level, with the vast majority of material topics presenting negligible risk.

This result demonstrates the Company's capacity to anticipate and

manage ESG risks in its business

Navigator