3Q25 Results Release

‌3Q25 RESULTS

Market Value (11/12): R$ 4.5 billion Average daily liquidity (90 days): R$ 22.2 million

Conference Call and Webcast

Portuguese (with simultaneous translation into English)

Thursday, November 13, 2025 | 09:00 am (São Paulo) | 07:00 am (NY)

CLICK HERE to join the webcast Webinar ID: 860 8183 5166 | Access code: 595683

‌GROSS REVENUE EXCLUDING CONSTRUCTION

R$ 12.4 bn RECORD

+5% vs. 3Q24

ADJUSTED NET INCOME¹

-R$ 119 mn

vs. R$ 160 mn in 3Q24

ADJUSTED EBITDA

R$ 3.1 bn

+14% vs. 3Q24

RECORD

ANNUALIZED ROIC (ex-BBC)

13.9% productive²

+1.5 p.p. vs. 3Q24 LTM

CONSISTENT AND DIVERSIFIED ORGANIC GROWTH

Gross Revenue from Services grew 8% YoY to R$10.2 bn in 3Q25

Strong growth in Heavy Assets 3 Sales of 82% YoY in 3Q25

INCREASED OPERATIONAL EFFICIENCY

EBITDA Margin4 increased 2.1 p.p. YoY, reaching 27.5% in 3Q25

EBITDA per Employee increased 25% to R$207 K (3Q25 LTM vs. 3Q24 LTM)

INVESTMENT ADJUSTMENT AND STRONGER CASH GENERATION

Net CAPEX down 40% YoY to R$1.1 billion in 3Q25

EBITDA 2.4x higher than Net Capex (9M25 annualized)

BROAD ACCESS TO CAPITAL SOURCES

+R$4.8 bn in new funding in 3Q25 and Oct/25 for liability management

2

Average cost of CDI + 2.2% | Average term of 5.2 years

LEVERAGE REDUCTION YoY

3.5x in 3Q25 vs. 3.7x in 3Q24

MAXIMIZATION OF VALUE CREATION AND CAPITAL ALLOCATION DISCIPLINE

Sale5 of 100% of Ciclus Rio for R$1.1 billion (equity value), in line with SIMPAR 's strategic plan for the active management of a portfolio of independent companies

Notes: (1) Adjusted Net Income reconciliation available in the exhibits; (2) Excludes capital employed in operations that have not yet impacted revenue generation - more details available in the ROIC section ; (3) Based on Vamos's Gross Revenue from Asset Sales; (4) Excludes construction revenue; (5) Transaction pending the fulfillment of precedent conditions.

SIMH

B3 LISTED NM

3Q25 RESULTS

3Q25

Record Adjusted EBITDA of R$3.1 billion, up 14% YoY

‌MESSAGE FROM MANAGEMENT

We are pleased to share SIMPAR's results for the third quarter of 2025. We extend our gratitude to our clients for granting us the opportunity and responsibility to serve them; our more than 55,000 employees, whose dedication and commitment are essential to delivering high-quality services and ensuring the sustainable development of our companies - JSL, Movida, VAMOS, AUTOMOB, CS Infra, Ciclus Ambiental, CS Brasil, and BBC - as well as our suppliers and investors for their trust and long-standing partnerships.

This quarter marks five years since the corporate reorganization that gave rise to SIMPAR. Over this period, our companies have built leadership positions - or solidified their standing as key players - in their respective markets by establishing strong foundations (vehicles, store network, branches, systems, and teams). These foundations have enabled scale gains and created synergies across the Group. Our unique Management Model, together with SIMPAR's strategic guidance, ensures agility and support in executing each of our eight subsidiaries' business plans whenever needed - a combination that continues to drive consistent and sustainable growth.

We remain fully committed to unlocking the potential of the foundations we have built. Our priorities include streamlining operating costs and administrative expenses, accelerating pricing implementation, ensuring asset availability for sale, and reducing the time required to deploy and decommission vehicles to serve our clients more efficiently.

Total Net Revenue¹ reached a record R$11.3 billion in 3Q25, up 5.5% compared to 3Q24. Net Revenue from Services also reached an all-time high of R$9.1 billion in the quarter, an 8.4% increase YoY, reflecting our fair-pricing strategy - which combines appropriate pricing in new contracts with disciplined adjustments in existing ones whenever necessary. Net Revenue from Asset Sales totaled R$2.2 billion, remaining stable versus R$2.3 billion in 3Q24, with a highlight to VAMOS, which recorded a new all-time high of R$394.9 million in 3Q25, up 87.4% compared to 3Q24.

Consolidated Adjusted EBITDA also reached a record R$3.1 billion in 3Q25, up 14.2% from 3Q24. Consolidated Adjusted EBITDA margin expanded 2.1 p.p. to 27.5% YoY. EBITDA per employee grew 25% YoY, reaching R$207,000 in 3Q25 LTM, up from R$167,000 in 3Q24 LTM.

The steady execution of our strategic plan continues to enhance operational performance across all our companies. JSL delivered another quarter of organic growth and stronger operating margins, supported by contracts implemented in the first half of 2025, pricing adjustments, cost reductions, and investment optimization. Additionally, aiming to maximize agility, operational efficiency, and service excellence, JSL has begun consolidating three business units: INTRALOG, a company created to integrate warehousing and intralogistics operations; JSL (dedicated services); and JSL DIGITAL (cargo transportation). INTRALOG starts with Gross Revenue of R$2.2 billion and EBITDA of R$441 million in the 3Q25 LTM. This result is yet another outcome of JSL's scale, which previously led to the creation of other group companies such as VAMOS, CS Brasil, and Movida's GTF operation. At Movida, the growing perception of service value among clients - reinforced by improved in-store experiences and the launch of a new loyalty program, among other initiatives - has supported continuous price adjustments and EBITDA margin expansion. At VAMOS, rental revenue reached a record level, Used Asset Sales hit a new benchmark, and the slowdown in repossessions led to lower inventory levels. AUTOMOB advanced initiatives to reduce costs and increase sales volumes, achieving solid performance in light vehicles, reducing paid inventory of both light and heavy vehicles, and strengthening free cash flow generation.

Among the non-listed companies, we highlight CS Infra, which improved its EBITDA margin by 10.6 p.p. YoY in 3Q25, reflecting the gradual maturation of concessions still under development. Ciclus Ambiental began to recover its economic fundamentals, posting EBITDA of R$88.7 million in 3Q25, up 30.1% YoY. CS Brasil's EBITDA expanded 30.8% YoY to R$35.1 million in 3Q25, driven by operational improvements and lower costs. BBC reported record Net Income of R$6.1 million, reflecting the consistent execution of its sustainable growth strategy over recent quarters.

Note: (1) Excludes construction revenue.

‌Efforts to optimize Excess Invested Capital - which totaled R$2.9 billion in 2Q25 and decreased to R$2.3 billion in 3Q25 - resulted in the release of R$583 million. The composition of this capital includes : (i) AUTOMOB - excess paid inventory of R$0.2 billion (versus R$0.3 billion in 2Q25); (ii) VAMOS - normalization of the utilization rate to 91% resulted in the release of R$1.0 billion (versus R$1.3 billion in 2Q25); (iii) VAMOS - Used Cars inventory available for sale of R$0.7 billion (versus R$0.7 billion in 2Q25); and (iv) JSL - assets available for sale of R$0.4 billion (versus R$0.6 billion in 2Q25). We are still at the early stages of optimizing excess capital and remain focused on executing the planned initiatives to enhance asset efficienc y and turnover, a key factor for continued cash generation and the strengthening of our capital structure.

Net CAPEX decreased 40% YoY in 3Q25 to R$1.1 billion, with most of the investment allocated to Movida (R$0.4 billion in 3Q25), primarily for GTF fleet renewal.

This lower investment requirement, combined with stronger cash generation, led to a significant increase in the EBITDA-to-Net-CAPEX ratio. Consolidated EBITDA was 2.4x higher than Net CAPEX, compared to 1.1x in the same period of the previous year (9M25 annualized vs. 9M24 annualized). This strategy is aligned with our strategic plan, as scalability and development foundations - vehicles, store network, branches, systems, and teams - are already consolidated. It also represents a clear turning point compared to the 2020-2024 period, when EBITDA accounted for roughly half of Net CAPEX in the most recent years of building our existing foundations.

This new level of operational efficienc y has contributed to the reduction of financial leverage, despite a more challenging economic environment, with the average Selic rate rising from 10.58% per year in 3Q24 to 15.00% per year in 3Q25. Consolidated Net Debt (ex-BBC) decreased by approximately R$828 million from 2Q25, totaling R$41.4 billion in 3Q25. Leverage declined to 3.5x in 3Q25 from 3.7x in 2Q24 (Net Debt / EBITDA), excluding the debt related to BBC Bank. Net Debt / EBITDA-A stood at 2.2x, well below the 3.5x covenant, which serves as the benchmark for all local market issuances under the maintenance covenant criteria. It is worth noting that EBITDA-A corresponds to EBITDA plus asset sales and more accurately reflects the Company's leverage, as it better measures its ability to meet financial obligations.

At the holding level, we ended 3Q25 with R$2.9 billion in cash and an extended debt maturity profile, with amortizations concentrated in 2031. This figure does not include proceeds from the sale of Ciclus Rio, totaling R$1.1 billion. Net Debt stood at R$3.2 billion, down 8.1% from 3Q24.

Consolidated liquidity reached R$13.9 billion in 3Q25 - 2.0x the amount of short-term debt when including available and undrawn committed credit lines and floor plan facilities. These funds are invested in government securities (58%) and in CDBs and repurchase agreements (42%) issued by AAA-rated financial institutions. In 3Q25 and October 2025, we raised over R$4.8 billion in new funding, with an average cost of CDI + 2.2% p.a. and an average tenor of 5.2 years, including: (i) Movida, which raised over R$1.7 billion in local debt, with an average cost of CDI + 2.3% p.a. and an average tenor of 5.5 years; and (ii) VAMOS, which raised over R$1.6 billion in foreign debt, with an average cost of USD + 9.2% p.a. and an average tenor of 5.4 years.

SIMPAR reaffirms its commitment to sustainable value creation, continuously improving efficienc y and profitability based on the solid foundations built over the past five years The execution of this strategic plan ensures that the SIMPAR Group continues to grow with strength and deliver consistent, long-term results for clients, employees, investors, and all stakeholders connected to our businesses .

Thank you,

Fernando Antonio Simões - Chief Executive Officer, SIMPAR S.A.

‌SIMPAR CONSOLIDATED - FINANCIAL HIGHLIGHTS

SIMPAR - Consolidated

Financial Highlights (R$ million)

3Q24

2Q25

3Q25

▲Y o Y

▲Q o Q

Net Revenue 10,865.6 10,611.6 11,390.3 +4.8% +7.3%

Net Revenue from Construction 167.6 67.1 103.8 -38.1% +54.7%

Net Revenue from Services 8,432.3 8,561.6 9,136.4 +8.4% +6.7%

Net Revenue from Asset Sales 2,265.7 1,982.9 2,150.1 -5.1% +8.4%

Margin (% Net Revenue ex-Cons truction) 16.4% 17.6% 15.9% -0.5 p.p. -1.7 p.p.

Net Financial Result (1,585.7) (1,971.9) (2,112.8) +33.2% +7.1%

Margin (% Net Revenue ex-Cons truction) 1.2% -0.4% -2.1% -3.3 p.p. -1.7 p.p.

Margin (% Net Revenue ex-Cons truction) 0.1% -0.9% -2.2% -2.3 p.p. -1.3 p.p.

Margin (% Net Revenue ex-Cons truction) 25.3% 28.4% 26.5% +1.2 p.p. -1.9 p.p.

(+) Cost of Asset Sales 2,118.8 1,874.4 2,034.2 -4.0% +8.5%

Margin (% Net Revenue ex-Cons truction)

16.7%

17.7%

17.2% +0.5 p.p.

-0.5 p.p.

Margin (% Net Revenue ex-Cons truction) 1.5% -0.3% -1.1% -2.6 p.p. -0.8 p.p.

Margin (% NR) 0.3% -0.8% -1.4% -1.7 p.p. -0.6 p.p.

Margin (% Net Revenue ex-Cons truction) 25.4% 28.3% 27.5% +2.1 p.p. -0.8 p.p.

Renewal and others Expansion

2,735.1

1,377.3

2,482.1

1,578.9

2,331.5

990.2

-14.8%

-28.1%

-6.1%

-37.3%

-2.0%

+10.9%

41,428.0

42,255.6

37,368.0

Net Debt - ex BBC

-45.3%

-39.6%

1,088.7

1,988.5

1,803.8

Net Capex

Gross Capex 4,112.4 4,061.1 3,321.8 -19.2% -18.2%

Adjusted EBIT 1,787.2 1,866.1 1,938.6 +8.5% +3.9%

Added-EBITDA 4,829.5 4,872.6 5,026.7 +4.1% +3.2%

Net Revenue

2,484.9 1,529.0 3,765.8 3,465.5 167.8

227.6 186.6

1.9

Financial Highlights¹ (R$ million)

3Q25

JSL Vamos Movida Automob CS Infra Ciclus

Ambiental

CS Brasil BBC

Net Revenue from Services 2,369.6 1,140.4 2,010.8 3,435.1 67.0 224.6 134.5 1.9

Net Revenue from Construction - - - - 100.8 3.0 - -Net Revenue of Asset Sales 115.2 394.9 1,755.0 30.4 - - 52.0 -Eliminations - (6.4) - - - - - -

Margin (% NR from Services) 13.8% 54.5% 42.5% 2.9% 7.8% 31.9% 17.9% -

Net Income

35.8

50.4

70.0

(65.7) (8.6)

22.8 (19.8) 6.1

Financial Result (294.9) (562.1) (795.3) (155.4) (19.1) (35.1) (98.7) 40.4

Margin (% NR) 1.4% 3.3% 1.9% -1.9% -5.1% 10.0% -10.6% 5.7%

EBITDA

526.0

895.0 1,478.7

144.0 12.3

88.7 35.1 (28.1)

Margin (% NR from Services) 22.2% 78.5% 73.5% 4.2% 18.3% 39.5% 26.1% -

Net Capex 62.8 217.9 494.4 54.7 104.0 28.4 (48.3) -

Net Debt 5,735.1 11,959.9 15,448.4 1,934.5 1,261.7 748.9 1,119.6 1,848.5

Net Revenue

2,352.4 1,221.1 3,775.9 3,110.2 214.9

188.2 151.2

2.4

Financial Highlights (R$ million)

3Q24

JSL Vamos Movida Automob CS Infra Ciclus

Ambiental

CS Brasil BBC

Net Revenue from Services 2,284.4 1,029.2 1,744.7 3,091.4 47.3 188.2 127.1 2.4

Net Revenue from Construction - - - - 167.6 - - -Net Revenue of Asset Sales 67.9 210.7 2,031.2 18.8 - - 24.2 -

Eliminations - (18.8) - - - - - -

Margin (% NR from Services) 14.2% 64.9% 39.9% 3.5% -13.4% 25.3% 13.2% -

Net Income

72.7

184.7

78.2

31.3 (9.8)

11.1 (16.5) (1.2)

Financial Result (231.5) (415.5) (594.4) (73.8) (6.6) (30.5) (73.2) 19.8

Margin (% NR) 3.1% 15.1% 2.1% 1.0% -4.5% 5.9% -10.9% -1.8%

EBITDA

466.4

863.3 1,247.4

152.6

3.6

68.2 26.8 (21.7)

Margin (% NR from Services) 20.4% 83.9% 71.5% 4.9% 7.7% 36.2% 21.1% -

Net Capex 86.7 426.2 940.1 36.6 160.6 30.2 20.7 -

Net Debt 5,315.6 11,049.8 14,159.8 1,457.3 726.4 785.4 797.8 1,319.4

Note: (1) Includes adjusted figures for JSL, Automob and CS Brasil

‌Net Revenue from Services grew 8.4% YoY in 3Q25 (+R$704 million), driven by business expansion, mainly from AUTOMOB, which grew 11% YoY (+R$344 million); Movida, up 15% YoY (+R$266 million); VAMOS, up 11% YoY (+R$114 million); and JSL, up 4% YoY (+R$85 million). Growth was mainly driven by stronger operational performance, the ramp-up of contracts signed over the past twelve months, and disciplined price adjustments. Net Revenue from Asset Sales totaled R$2.2 billion in 3Q25 (versus R$2.3 billion in 3Q24), with strong growth at VAMOS and JSL, up 87% and 70% YoY, respectively, offset by a 14% YoY decline at Movida, which accounted for around 80% of asset sales in 2Q25.

Service Costs increased by 7.4% compared to 3Q24, growing at a slower pace than Net Revenue,

demonstrating our commitment to cost control and reduction.

Adjusted EBITDA reached a record R$3.1 billion in 3Q25, up 14.2% increase from 3Q24. EBITDA margin expanded 2.1 p.p. YoY, reaching 27.5%¹ in 3Q25. The improvement in operational efficienc y reflects the joint effort of all companies to achieve the strategic plan, which includes price adjustments in existing contracts, appropriate pricing in new ones, and strict cost and expense control.

SIMPAR's Consolidated Adjusted Net Loss totaled R$119.3 million in the quarter. The result was affected by a more challenging macroeconomic environment, with higher interest rates in Brazil (the average Selic rate increased from 10.58% in 3Q24 to 15.00% in 3Q25) and a 10.9% YoY increase in average net debt, reflecting the investments required to sustain the businesses.

We remain committed to continuously improving efficienc y and profitability based on the foundations we have built, ensuring the sustainable growth and longevity of our companies.

Note: (1) Excludes Net Revenue from Construction

INVESTMENTS

Consolidated EBITDA / Net CAPEX¹ Trend (R$ billion)

EBITDA / Net CAPEX EBITDA Net Capex

Note: (1) Excludes acquisitions

The annualized EBITDA-to-Net Capex ratio for 9M25 annualized was 2.4x, a s ignificant increase compared to

1.1x in the same period last year, driven by stronger cash generation and lower investment requirements .

This represents a clear shift in trend compared to the 2020-2024 period, the most recent phase of building our foundations, when the EBITDA-to-Net Capex ratio reached 0.5x in some years.

• 3Q25 Net Debt: R$ 3.2 bn (Gross Debt: R$ 6.1 bn | Cash: R$ 2.9 bn), down by 8.1% vs. 3Q24

• Average Term of Net Debt: 5.7 years

• Coverage of short-term Gross Debt: 16.4x (excluding derivative instruments)

• Cash position fully covers Gross Debt until 2030

‌CAPITAL STRUCTURE - HOLDING

Evolution of cash and indebtedness - Holding (R$ million)

Net Debt² 3,475.8 2,965.5 3,193.6 -8.1% +7.7%

Notes : (1) Derivative financial instruments at contracted curve consider derivative financial instruments recorded under Assets and Liabilities, excluding MTM variations recorded in Shareholders' Equity (hedge accounting); (2) For Net Debt calculation purposes, the Company excludes hedge MTM variations allocated to Shareholders' Equity under Other Comprehensive Income, as these are unrealized market variations that will not exist at maturity.

3Q25 Gross Debt Maturity Schedule

• 3Q25 Net Debt (ex-BBC): R$ 41.4 bn (Gross Debt: R$ 55.9 bn | Cash: R$12.6 bn | Net Debt BBC: R$1.8 bn | Committed and Undrawn Credit Lines: R$ 1.2 bn)

• Average Term of Net Debt: 4.0 years

• Liquidity: R$ 14.5 bn (Cash, committed and undrawn credit lines and floor plan)

• Coverage of short-term Gross Debt: 2.0x (Includes cash and committed and undrawn credit lines; excludes BBC's funding

  sources)

• Financial Management (Capital Markets Funding):

‌CAPITAL STRUCTURE - CONSOLIDATED

Cash and Indebtedness - Consolidated (R$ million)

Notes : (1) Derivative financial instruments at contracted curve consider derivative financial instruments recorded under Assets and Liabilities, excluding MTM variations recorded in Shareholders' Equity (hedge accounting); (2) For Net Debt calculation purposes, the Company excludes hedge MTM variations allocated to Shareholders' Equity under Other Comprehensive Income, as these are unrealized market variations that will not exist at maturity.

3Q25 Gross Debt Maturity Schedule

‌FINANCIAL RESULTS

SIMPAR - Consolidated

Net Financial Expenses totaled R$ 2.1 billion in 3Q25. Below are the main explanations for the Net Financial Result:

• 3Q24 vs. 3Q25: +33.2% or +R$527.1 million The increase was driven by higher average gross debt (+10.7% vs. 3Q24) and a higher average cost of gross debt (+4.4 p.p. vs. 3Q24). The volume of non-earning assets that are eligible for optimization, totaling approximately R$2.3 billion, accounted for around ~R$100 million, or 4% of gross financial expenses in 2Q25.

• 2Q25 vs. 3Q25: +7.1% or +R$141.0 million Despite stable average gross debt (-0.3% vs. 2Q25), the increase was mainly due to a higher average cost of gross debt (+3.0% QoQ) and a 3.0% decrease in average cash during the period.

  LEVERAGE INDICATORS (based on Covenant criteria)

  Leverage Indicators¹	3Q24	4Q24	1Q25	2Q25	3Q25	3Q25 Normalized	Covenants	Event
  Net Debt / EBITDA² - Bond	3.7x	3.6x	3.6x	3.6x	3.5x	3.3x	Max 4.0x	Incurrence
  Net Debt / EBITDA-A - Local debts	2.3x	2.3x	2.3x	2.3x	2.2x	2.1x	Max 3.5x	Maintenance
  EBITDA-A / Net interest expenses - Local debts	3.4x	3.4x	3.4x	3.2x	3.0x	3.1x	Min 2,0x	Maintenance
  Business leverage - new indicator	2.2x	2.5x	2.4x	2.5x	2.5x	2.4x	-	-

  Notes: (1) For purposes of covenant calculation, EBITDA excludes impairment and includes LTM EBITDA of acquired businesses; (2) Net debt/EBITDA indicator considers the definition of net debt as set forth in the Bond indentures, which excludes negative amounts resulting from swaps, as reconciled below

  Bonds - Net Debt/EBITDA (Incurrence Covenant³):

  • Leverage decreased to 3.5x in 3Q25 versus 3.7x in 3Q24. Normalized leverage4 stood at 3.3x, providing a more accurate reflection of the potential reduction following the optimization of approximately R$2.3 billion in invested capital.

    Local debt - Net Debt/EBITDA-A (Maintenance Covenant5):

  • Leverage decreased to 2.2x in 3Q25 versus 2.3x in 3Q24. We emphasize that the EBITDA-A metric - which adds the residual accounting of cost of asset sales - is the most appropriate measure for assessing the Company's ability to meet its financial obligations.

  • EBITDA-A, or EBITDA Added, is defined as EBITDA plus the residual accounting cost of asset disposals, which does not represent an operating cash outflow as it is merely an accounting representation of the write-down of assets at the time of sale. As such, the Company's management believes that EBITDA-A is a more appropriate practical measure than traditional EBITDA as an approximation of cash generation, in order to gauge the Company's ability to meet its financial obligations.

Net Debt / EBITDA of the subsidiaries : Averaged 3.0x6, based on annualized 3Q25 EBITDA, which more accurately reflects the cash generation from investments made compared to the sum of the last twelve months.

Notes: (3) Incurrence Covenant: concept applied exclusively to the Bond issuance, which does not trigger early maturity; however, there are pre-established rules that must be observed. (4) Normalized Net Debt excludes: (i) AUTOMOB - excess paid inventory of R$0.3 billion; (ii) VAMOS - normalization of the utilization rate of R$1.0 billion and Used Cars inventory available for sale of R$0.7 billion; and (iii) JSL - assets available for sale of R$0.4 billion. (5) Maintenance Covenant: concept applied to all local issuances - any potential breach of the limit would require negotiation with creditors to avoid possible early maturity. (6) Excludes CS Infra

‌FREE CASH FLOW

Free Cash flow Generated (Consumed) after Growth and before Interest 107.0 178.9 2,100.3 1862.5% 1073.9%

SIMPAR's cash generation before growth in 3Q25 totaled R$3.1 billion, approximately 2x higher than the amount recorded in 3Q24 (R$1.5 billion). EBITDA grew 14.2% YoY, and renewal Capex decreased 15.7% YoY. In addition, there was an improvement in working capital, mainly due to a reduction in inventories of R$384 million YoY, driven by the improvement observed at AUTOMOB (-R$437 million YoY).

Cash generation after growth and before interest reached R$2.1 billion, compared to R$107.0 million in 3Q24. In addition to operational and working capital improvements, there was a 28.1% reduction in expansion Capex, aligned with the current strategy of lower investment needs and a focus on maximizing value extraction from the existing asset base

RETURNS

SIMPAR's Consolidated Productive ROIC (3Q25 LTM) was 13.9%, up 1.5 percentage points from the Productive ROIC (3Q24 LTM).

ROIC 3Q25 LTM

(R$ million)

Adjusted EBIT¹ 3Q25 LTM

Effective rate Taxes

Noplat Add. Noplat

Average Net Debt² Average Equity²

Average Invested Capital²

ROIC 3Q25 LTM

Productive SIMPAR (ex-BBC)

7,476.1

-23%

(1,717.0)

5,759.1

Accounting

158.1

36,319.9

6,238.8

42,558.8

13.9%

SIMPAR (ex-BBC)

7,476.1

-23%

(1,717.0)

5,759.1

-40,677.1

6,349.4

47,026.5

12.2%

JSL

4

Movida Vamos

Automob

5

CS Infra

6

Ambiental CS Brasil

Ciclus

6

BBC

1,222.8 3,090.4 2,538.8 329.5 36.9 243.0

-22% -18% -20% -34% -34% -35%

(269.0) (555.1) (511.4) (112.0) (12.6) (84.5)

953.8 2,535.3 2,027.4 217.5 24.4 158.5

- - - - - -4,671.8 14,919.8 11,504.8 1,695.9 994.0 767.2

1,846.8 2,723.4 2,728.7 2,383.1 110.6 234.9

6,518.5 17,643.3 14,233.5 4,079.0 1,104.6 1,002.1

14.6% 14.4% 14.2% 5.3% 2.2% 15.8%

85.7

-34%

(29.1)

56.5

-958.7

(107.3)

851.4

6.6%

-

-

-

-

-

-

-

Financial Institution

PRE-OPERATIONAL

Notes: (1) Adjusted consolidated EBIT, as reconciled in the exhibit, excluding BBC; (2) Includes additional NOPLAT related to VAMOS's normalized utilization rate;

(3) Based on the average between the current period and September 2024; (4) Reflects the ROIC running rate; (5) Calculated using adjusted EBIT and a 34% tax rate; (6) Calculated using pro forma EBIT and a 34% tax rate

‌FINANCIAL HIGHLIGHTS - Listed Companies

JSL For the full Press Release, click here.

JSL

Note: (1) Figures adjusted as disclosed by JSL.

JSL announced a new organizational structure with the creation of three business units: (1) INTRALOG (intralogistics and warehousing), (2) JSL (dedicated services), and (3) JSL Digital (cargo transportation), to maximize agility, operational efficiency, and service excellence for clients, and to enhance value creation. Net Revenue from Services and Adjusted EBITDA grew 4% and 13% YoY, respectively. The 22.2% EBITDA margin represents an expansion of 1.8 percentage points YoY, driven by the cost-reduction program, higher operational efficiency, and price renegotiations in contracts whose profitability was affected by input inflation at the end of 2024. The cost-reduction program was revised to R$240 million, slightly above the R$230 million reported in 2Q25, mainly due to: (i) process digitalization; (ii) review of procedures impacting overtime and work shifts; (iii) operational integration and synergies; and (iv) centralization of operational back-office activities. JSL secured R$854 million in new contracts despite a 28% YoY reduction in Net CAPEX, reaching R$63 million, reflecting the Company's strategy to expand rental assets. In addition, financial leverage decreased to 3.0x from 3.2x in 2Q25 (Net Debt/EBITDA).

MOVIDA For the full Press Release, click here.

Movida

Movida 's focus on continuously improving the customer experience and maintaining cost discipline added 2.3 p.p. YoY to its service EBITDA margin. During the quarter, key highlights included the expansion of the digital experience across physical stores; the launch of Movida Pit Stop, a quick-service center designed to serve RAC, GTF, and Car Subscription clients; the introduction of a new loyalty program; and the opening of new Used Cars stores with lower operational costs. These initiatives have increased the efficiency of Movida's pricing strategy, resulting in a record 4.3% yield in the RAC operation, with rental-day volume remaining stable compared to 3Q24, while the GTF operation recorded 3% YoY growth in rental days. In the Used Cars division, quarterly sales volume remained at around 25,000 units for the fourth consecutive quarter, reducing the average age of the RAC fleet to 10 months (from 11 months in 3Q24), while the EBITDA margin remained stable at 1%. Financial leverage (Net Debt / EBITDA) reached 2.7x in 3Q25 (-0.2x QoQ), the lowest level in the past five years, in addition to R$1.1 billion raised through a debenture issuance with an average tenor of five years and an average cost of CDI + 2.3%.

‌VAMOS For the full Press Release, click here.

Vamos

Note: (1) Figures adjusted as disclosed by VAMOS

A VAMOS reported another record Net Revenue of R$1.0 billion in 3Q25 (+12% YoY), demonstrating resilient demand for Rental operations. The Company's strategy focused on increasing asset utilization and diversification has begun to reflect in operational indicators, with an 85.8% utilization rate in 3Q25 (+1.9 p.p. higher than in 2Q25) and a record leased fleet. New contracts showed improving returns, with IRR reaching 21.7% in 3Q25 (vs. 20.3% in 3Q24), while the average monthly yield was 2.8% (+0.28 p.p. YoY). Net Revenue from the Used Vehicles segment reached a record high, with positive margins (+87% YoY and

+22% QoQ), driven by investments in asset preparation, larger sales teams, and new stores. The strong pace of deployment, asset sales, and the shortest new-vehicle inventory turnover since the IPO contributed to reducing inventory levels in 3Q25. Gross assets available for lease or sale decreased to R$2.7 billion in 3Q25 from R$3.0 billion in 2Q25. VAMOS's Net Debt decreased organically by R$352 million in 3Q25 vs. 2Q25. Combined with the improvement in operational indicators, this resulted in a 0.1x QoQ reduction in financial leverage (Net Debt / EBITDA of 3.3x in 3Q25 vs. 3.4x in 2Q25).

AUTOMOB For the full Press Release, click here.

Automob

AUTOMOB, Brazil's largest and most diversified dealership group, reported significant progress in 3Q25: (i) sales volume of used light vehicles grew 3.9 p.p. above market; (ii) new retail vehicle sales increased 9.6 p.p. above market; (iii) higher penetration of F&I services (+25% gross revenue YoY); (iv) working capital optimization with a R$201 million reduction in paid inventory; and (v) a R$84 million QoQ decrease in Net Debt. AUTOMOB recorded an impairment of R$105 million, mostly related to its inventory of new agricultural machinery, with the goal of accelerating the sale of paid inventory. This decision led to an 17% QoQ increase in agricultural machinery sales revenue. AUTOMOB remains focused on executing its plan to enhance efficiency by increasing same-store used car sales, expanding F&I penetration, integrating systems, improving processes, and reducing excess inventory. This plan will be discussed at AUTOMOB Day on November 27 (click here to register).

‌EXHIBITS

FINANCIAL HIGHLIGHTS - Non-Listed Companies

CS Brasil - Proforma

NOTE: CS Brasil figures include only operations related to the management and outsourcing of light and heavy vehicle fleets for the public sector - with or without driver services - and municipal passenger transportation. Equity income refers to the forward share purchase agreements of Movida, JSL, and Vamos.

• GTF with driver services: Net Revenue grew by 5.1% on 3Q25 YoY and 3.0% QoQ, mainly due to a new contract signed in 2025;

• Light GTF: Net Revenue grew 24.1% YoY in 3Q25 and 10.6% QoQ, driven by the implementation of a new contract;

• Heavy GTF: Net Revenue decreased both YoY and QoQ, due to the termination of contracts;

• Passenger Transportation and other: Net Revenue grew 8.6% YoY and 3.8% QoQ in 3Q25, mainly due to fare

  adjustments in passenger transportation;

• EBITDA¹ totaled R$35.1 million in 3Q25 (+30.8% YoY and -15.0% QoQ). EBITDA margin increased 5.0 p.p. YoY, reflecting the operational improvement mentioned above. In the quarterly comparison, EBITDA Margin decreased 5.7 p.p. due to the decline in gross margin from asset sales from 24.4% in 2Q25 to 6.4% in 3Q25, following a higher number of light vehicles sold during the quarter;

• Adjusted Net Loss² totaled R$19.8 million, compared to a loss of R$16.5 million in 3Q24 and R$18.2 million in 2Q25, mainly reflecting the increase in average net debt (+41% YoY and +8% QoQ).

  
  
  

  Notes : (1) No impact in 3Q25 and excludes non-operational effects from previous quarters, as disclosed in the respective periods; (2) Excludes (i) interest of R$45.7 million (R$30.2 million after income tax) related to the sale of SIMPAR's subsidiaries through a synthetic forward transaction, as disclosed in the material fact released on December 22, 2023, as well as non-operational effects from previous quarters, as disclosed in the respective periods.

  
  
  
  
  
  

  ‌CS INFRA

  CS Infra Consolidated - Proforma

  Adjusted Financial Highlights (R$ million)	3Q24	2Q25	3Q25	▲Y o Y	▲Q o Q
  Net Revenue from Services	47.3	65.3	67.0	+41.7%	+2.5%
  CS Portos (Ports)	32.3	38.4	34.7	+7.5%	-9.6%
  CS Rodovias (Highways)	14.2	25.2	27.3	+92.6%	+8.6%
  CS Mobi Cuiabá (Municipal Market)	0.8	1.7	1.8	+130.4%	+6.1%
  CS Mobi Leste SP (Bus Terminals)	-	-	3.1	-	-
  Cost of Services	(45.7)	(52.1)	(49.0)	+7.3%	-5.8%
  Gross Profit	1.6	13.3	18.0	+1033.5%	+35.4%
  Operational Expenses	(7.9)	(13.1)	(12.7)	+61.1%	-2.4%
  EBIT	(6.3)	0.2	5.2	-	+2492.0%
  Margin (% NR from Services)	-13.4%	0.3%	7.8%	+21.2 p.p.	+7.5 p.p.
  Financial Result	(6.6)	(14.1)	(19.1)	+189.3%	+35.4%
  Taxes	3.2	7.1	5.3	+69.0%	-24.2%
  Net Income (Los s)	(9.8)	(6.9)	(8.6)	-12.4%	+24.7%
  Margin (% Total NR)	-20.7%	-10.5%	-12.8%	+7.9 p.p.	-2.3 p.p.
  EBITDA	3.6	11.2	12.3	+235.9%	+9.6%
  Margin (% NR from Services)	7.7%	17.1%	18.3%	+10.6 p.p.	+1.2 p.p.

  In addition to CS Portos, CS Rodovias and CS Mobi Leste SP the proforma figures take into account the BRT and CS Mobi Cuiabá operations, which are in the process of being transferred to CS Infra.

  Pre-operational concessions with high potential for future cash generation

• Net Revenue from Services reached R$67.0 million in 3Q25, (+41.7% YoY), mainly explained by:

  • CS Portos: higher handling volume at the ATU-12 terminal, which has operating with modernized infrastructure since the end of February 2025;

  • CS Rodovias : increase of 16.6% YoY in vehicle traffic in addition to the start of collections in 4Q24 related

    to the contractual amendment of the Transcerrados II project;

  • CS MOBI Leste SP: Operations began in September 2025, with only 17 days of activity during the quarter.

• EBITDA reached R$12.3 million in 3Q25 (vs. R$3.6 million in 3Q24 and R$11.2 million in 2Q25), mainly driven by the operational improvement at CS Rodovias and the start of operations at CS Mobi Leste SP;

• Net Loss totaled R$8.6 million in 3Q25 (vs. -R$9.8 million in 3Q24 and -R$6.9 million in 2Q25). Despite operational improvements, the result was mainly impacted by higher net financial expenses, reflecting the increase in net debt (+82.7% YoY and +10.1% QoQ).

  Established in 2021, CS Infra operates in the public infrastructure concessions segment, focusing on projects that require lower investment levels and emphasize service quality and efficiency in essential sectors such as: Ports, Highways, Urban Mobility, and Social Infrastructure. Its subsidiaries include: CS Portos, CS Rodovias Grãos do Piauí, CS Rodovias Rota da Integração, CS Rodovias Mercosul, CS Mobi Cuiabá, CS Mobi Leste SP, and a 50% interest in BRT Sorocaba.

  
  
  

  CS Rodovias Rota da Integração (Lot 5) s igned its concession agreement in September 2025, with operations expected to begin in 4Q25, while CS Rodovias Mercosul (Binational Bridge) is awaiting the fulfillment of precedent conditions for the signing of its concession agreement.

  14

  SIMH

  B3 LISTED NM

  3Q25 RESULTS

  
  
  
  
  
  

  ‌CS PORTOS

  PRE-OPERATIONAL CONCESSION

  CS Infra - Ports

  Highlights - Ports (R$ million)	3Q24	2Q25	3Q25	▲Y o Y	▲Q o Q
  Net Revenue from Services	32.3	38.4	34.7	+7.5%	-9.6%
  Import	30.6	36.2	33.2	+8.6%	-8.3%
  Export	1.3	0.9	-	-100.0%	-100.0%
  Storage	0.4	1.5	1.3	+221.8%	-9.9%
  Other revenues	-	-	0.2	-	-
  EBITDA	(0.4)	(1.2)	(3.9)	+810.2%	-
  Margin (% NR from Services)	-1.3%	-3.2%	-11.3%	-10.0 p.p.	-8.1 p.p.
  EBIT¹	(6.7)	(8.1)	(9.9)	+47.5%	-
  Margin (% NR from Services)	-20.8%	-21.1%	-28.6%	-7.8 p.p.	-7.5 p.p.
  Volume handled - thousand ton	468	528	487	+4.2%	-7.7%
  Storage - thousand ton	22	72	57	+157.1%	-20.6%

• ATU-12: Operations have been running s ince the end of Feb/25, with modernized infrastructure;

• ATU-18:

  • Completion of the assembly of the 4th silo;

  • Receipt of regulatory licenses (Federal Revenue Service and Vigiagro);

  • Final stage of dredging works to deepen the berth;

  • Expected to be fully operational in 4Q25;

• Cargo handling totaled 487 thousand tons in 3Q25 (+4.2% YoY and -7.7% QoQ) - 91% of which were fertilizers and 9% other minerals. The YoY increase reflects higher cargo volumes at ATU-12, which has been operating with modernized infrastructure since the end of February 2025. Operations at ATU-18 remain under scheduled downtime. The QoQ decrease resulted from heavier rainfall, which partially affected handling volumes in 3Q25.

• Net Revenue from Services totaled R$34.7 million in 3Q25 (+7.5% YoY and -9.6% QoQ), reflecting the operational performance detailed above;

  
  
  

• EBITDA was negative R$3.9 million in 3Q25 (vs. -R$0.4 million in 3Q24 and -R$1.2 million in 2Q25). Despite the solid handling performance at ATU-12, results were still impacted by fixed costs and expenses associated with ATU-18, which is in the final phase of modernization.

  ‌CS RODOVIAS

  
  
  

  CS Infra - Highways

  Highlights - Highways (R$ million)	3Q24	2Q25	3Q25	▲Y o Y	▲Q o Q
  Net Revenue from Services¹	14.2	25.2	27.3	+92.6%	+8.6%
  EBITDA	7.7	12.6	15.1	+96.2%	+19.9%
  Margin (% NR from Services)	54.1%	49.9%	55.1%	+1.0 p.p.	+5.2 p.p.
  EBIT²	5.5	10.8	13.2	+141.7%	+22.6%
  Margin (% NR from Services)	38.5%	42.8%	48.3%	+9.8 p.p.	+5.5 p.p.
  Traffic - "Equivalent Vehicles" (thousands)	637.8	648.4	743.7	+16.6%	+14.7%

• Net Revenue from Services totaled R$ 27.3 million in 3Q25 (+92.6% YoY and +8.6% QoQ), mainly driven by higher vehicle traffic supported by stronger crop outflow and the start of collections from Transcerrados II since the end of 4Q24;

• EBITDA reached R$13.2 million in 3Q25 (+141.7% YoY and +22.6% QoQ), as a result of the operational

improvements mentioned above and the optimization of certain operating costs.

Transcerrados II (Contractual Amendment): CS Rodovias signed a contract amendment to double the size of its highway network (+307 km and six new toll plazas). Construction of two toll plazas is expected to be completed in 4Q25 and another in 1Q26. The remaining three toll plazas are scheduled for completion later in 2026.

CS MOBI Cuiabá

CS Infra - Mobility

NOTE: As of 1Q25, CS Mobi adjusted its revenue recognition criteria in accordance with the accounting standard for concession contracts (OCPC 05). Revenue is now recorded partly as service revenue and partly as construction revenue, in proportion to the progress of construction works. A portion of this revenue is recognized in exchange for an intangible asset, and the remainder as a financial asset (receivable from the granting authority). This methodology was also applied retroactively to the 2024 figures for comparison purposes.

• Net Revenue from Services totaled R$1.8 million in 3Q25, remaining stable compared to 2Q25. The year-over-year increase reflects the tariff adjustment applied to the concession starting in 1Q25;

• EBITDA was negative R$1.6 million in 3Q25 (vs. -R$1.3 million in 3Q24 and -R$0.2 million in 2Q25), due to one-off operating costs recorded in 3Q25, related to the construction of the municipal market.

  CS Mobi

Construction works for the municipal market remain underway, with completion expected in 1Q26. Meanwhile, on-street parking operations remain fully functional.

‌CS MOBI Leste SP

CS Infra - Mobility

• Start of operations of CS Mobi Leste SP in mid-September 2025, through the management and maintenance of bus terminals and Expresso Tiradentes stations in the city of São Paulo, SP.

  
  
  

  About the Concession

  • Management of 13 bus terminals and 6 Expresso Tiradentes stations

  • Does not include intercity passenger transportation operations

  • Term: 30 years

  More details: Notice to the Market

  
  
  
  
  
  

  ‌CICLUS AMBIENTAL

  Ciclus Ambiental
  Highlights - Ciclus Ambiental (R$ million)	3Q24	2Q25	3Q25	▲Y o Y	▲Q o Q
  Net Revenue	188.2	213.5	224.6	+19.3%	+5.2%
  Biogas	111.4	129.7	131.6	+18.1%	+1.5%
  Carbon Credits	76.8	83.8	93.0	+21.1%	+10.9%
  Cost of Services	(130.7)	(138.7)	(136.0)	+4.0%	-1.9%
  Gross Profit	57.4	74.8	88.6	+54.2%	+18.4%
  Operational Expenses	(9.8)	(15.1)	(16.9)	+72.4%	+12.1%
  EBIT	47.6	59.7	71.7	+50.5%	+20.0%
  Margin (% NR) Financial Result¹ Taxes	25.3% (30.5) (6.0)	28.0% (38.8) (7.3)	31.9% (35.1) (13.8)	+6.6 p.p. +15.1% +129.1%	+3.9 p.p. -9.6% +89.0%
  Net Income	11.1	13.6	22.8	+104.7%	+67.2%
  Margin (% Total NR)	5.9%	6.4%	10.1%	+4.2 p.p.	+3.7 p.p.
  EBITDA	68.2	76.6	88.7	+30.1%	+15.8%
  Margin (% NR)	36.2%	35.9%	39.5%	+3.3 p.p.	+3.6 p.p.

• Net Revenue totaled R$224.6 million in 3Q25 (+19.3% YoY and +5.2% QoQ), mainly driven by the annual adjustment of the main contract in 1Q25, the increase in biogas volume at Ciclus Rio, and the annual tariff adjustment in 3Q25 for the Ciclus Amazônia contract;

• EBITDA totaled R$88.7 million in 3Q25 (+30.1% YoY and +15.8% QoQ), with an EBITDA margin of 39.5% in 3Q25 (+3.3 p.p. YoY and +3.6 p.p. QoQ). This improvement mainly reflects the revenue increase described above, together with the cost and expense reduction program implemented throughout 2024 (including improvements in leachate treatment, greater efficiency in the use of inputs, and process and team optimization);

• Net Income reached R$22.8 million in 3Q25 (vs. R$11.1 million in 3Q24 and R$13.6 million in 2Q25), reflecting the operational improvements mentioned above;

• Net Debt/EBITDA decreased to 2.4x in 3Q25 (vs. 3.3x in 2024), as a result of the Company's stronger cash generation, which is gradually being reflected in last-twelve-month figures;

• It is important to note that these efficienc y initiatives have not yet been fully reflected in the Company's results.

  
  
  

  Note: (1) Financial expenses in 2Q25 were impacted by a non-recurring accounting adjustment retroactive to 1Q25, totaling R$7.2 million (R$4.8 million net of taxes).

  ‌EXHIBITS

  FINANCIAL HIGHLIGHTS - Non-Listed Companies

  BBC Consolidated
  Financial Highlights (R$ million)	3Q24		2Q25		3Q25		▲Y o Y	▲Q o Q
  Net Revenue	2.4		2.0		1.9		-23.6%	-7.0%

  Total Costs	(1.7)	(1.2)	(1.3)	-24.6%	+2.2%
  Gross Profit	0.7	0.8	0.6	-21.4%	-22.2%
  Operational Expenses Financial Result	(23.3) 19.8	(23.1) 25.6	(30.2) 40.4	+29.8% +103.7%	+30.9% +58.0%
  EBT	(2.7)	3.3	10.8	-	+230.7%
  Taxes	1.5	(1.4)	(4.7)	-	-
  Net Income	(1.2)	1.9	6.1	-	+224.3%
  Margin¹	-1.8%	1.9%	5.7%	+7.5 p.p.	+3.8 p.p.
  Portfolio Balance	1,616.7	2,092.2	2,122.1	+31.3%	+1.4%
  Delinquency over 90 days	2.76%	4.38%	4.25%	+1.4 p.p.	-0.2 p.p.
  	Banco BBC
  Income from Financial Intermediation	64.6	97.3	104.9	+62.4%	+7.8%
  Market Funding Expenses	(35.3)	(63.6)	(69.8)	+97.7%	+9.7%
  Others	4.7	6.4	6.2	+31.1%	-3.5%
  Result of Financial Intermediation	34.0	40.1	41.3	+21.5%	+3.0%

  Notes: (1) Margin calculation = Net Income / (Total Net Revenue + Financial Intermediation Revenue).

  Loan Portfolio Balance

  +31%

  
  
  

  (R$ mn)

  Financial Intermediation Income

  +C2%

  
  
  

  (R$ million)

  Over-90-day Delinquency Rate

  
  
  
  
  
  

• New Operations in 3Q25: R$418.2 million, -22% vs. 3Q24;

• Loan Portfolio Balance in 3Q25: R$2.1 billion, +31% compared to 3Q24;

• Over-90-day Delinquency Rate in 3Q25: 4.25%, -0.2 p.p. vs. 2Q25 - below the market average, demonstrating the high quality of the credit portfolio;

• Basel Ratio: 12.4%;

• Operating Efficiency Ratio²: 28.8%, improving by 7.2 p.p. compared to 3Q24 (36.0%);

• Net Income in 3Q25: R$6.1 million (vs. R$1.9 million in 2Q25), reflecting the sustainable growth strategy, high-quality loan portfolio, and continued improvement in the operating efficiency.

  
  
  

  Notes: (2) Operating efficiency ratio = operating expenses / financial intermediation revenue.

  ‌EXHIBITS - ESG

  ENVIRONMENTAL

  Aligned with best practices and our commitment to environmental responsibility, key highlights at SIMPAR included:

  • JSL: recognized with the Ar Puro Award, granted to companies that demonstrate excellence in emission reduction and the adoption of sustainable practices , during the 24th TranspoSul -Transportation and Logistics Trade Show and Congress, the largest event in the sector in southern Brazil.

  • Ciclus Rio: launched an innovative model for the gradual replacement of diesel with renewable fuel, promoting up to a 99% reduction in emissions from waste transportation. The initiative, developed in partnership with Comlurb, combines efficiency and environmental responsibility.

SOCIAL

The Júlio Simões Institute held the 2025 graduation ceremony for the "If Want It You Can! program, aimed at training young people in s ituations of social vulnerability in Mogi das Cruzes and surrounding areas. This year, 49 youngsters completed the program, which included Portuguese and math classes to address educational gaps, introduction to the Microsoft Office Suite, career guidance, and support in building life projects. Participants also attended talks with Simpar Group professionals and visited the Company's operations, broadening their understanding of the job market and employment opportunities. Over 20 of these young people were hired by Group companies, while others remain in the selection process. The Institute also works with local organizations to support the professional placement of these young talents.

JSL completed the second edition of the Connecting Borders program, launched in 2024 to promote the inclusion of people in refugee or migration s ituations in the Brazilian job market. In this edition, ten professionals were hired as logistics operators in Guarulhos (SP), and six others will complete their training - including two women and four men from countries such as Afghanistan, Angola, and Venezuela. Since its creation, the initiative has benefited 15 migrants and refugees in roles such as general assistant, machine operator, warehouse worker, and mechanic.

Ciclus Rio inaugurated a seedling nursery at its Waste Treatment Center. The space was revitalized with two main objectives: to expand the green belt surrounding the landfill and to promote environmental education among the community. The project is carried out in partnership with CIEP Irmã Dulce, in Itaguaí, involving around 30 technical high school students and contributing to their education in sustainability-related topics .

GOVERNANCE

Banco BBC was ranked among the 100 largest banks in Brazil in the Valor 1000 ranking for 2025. The achievement underscores the institution's administrative efficiency, strategic management, and regulatory compliance - fully aligned with the Group's value proposition: mobility and credit with simplicity.

‌EXHIBITS

CONSOLIDATED INCOME STATEMENT

SIMPAR - Consolidated

‌EXHIBITS

RECONCILIATION OF EBITDA, EBIT, AND NET INCOME

EBITDA Reconciliation (R$ million)

SIMPAR - Consolidated

3Q24 2Q25 3Q25 ▲Y o Y ▲Q o Q

Adjus ted EBITDA includes : (i) JSL - write-off of allocated fair value in the cost of asset sales of R$7.1 million; and (ii) Automob -impairment in the heavy vehicles segment, consisting of R$23.9 million in taxes and judicial deposits, R$71.1 million in inventories, and R$10.5 million in accounts receivable.

Adjus ted Net Income includes : (i) JSL - write-off of allocated fair value in the cost of asset sales of R$4.7 million and exclusion of the effects from the amortization of goodwill/fair value from acquisitions of R$13.1 million; and (ii) Automob - exclusion of PPA amortization of R$5.7 million and impairment in the heavy vehicles segment, consisting of R$13.6 million in taxes and judicial deposits, R$71.1 million in inventories, and R$10.5 million in accounts receivable.

‌EXHIBITS

CONSOLIDATED BALANCE SHEET

SIMPAR - Consolidated SIMPAR - Consolidated

‌EXHIBITS

RECONCILIATION OF LEVERAGE INDICATORS

The breakdowns of Net Debt, EBITDA and EBITDA-A used in the calculation of the Leverage Indicators are as follows: (i) Net Debt/EBITDA (Bond covenant); and (ii) Net Debt/EBITDA-A (Local debt covenant):

1. Net debt/EBITDA (Bond Covenant)

   Net Debt Reconciliation for Covenant of Bonds (R$ mn)	3Q25
   (+) Gross Debt	55,122.4
   (-) Cash and equivalents and securities, marketable securities and financial investments	12,643.8
   (+) Derivative financial instruments	2,098.2
   (+) Effect of Hedge MTM	(1,300.3)
   (-) BBC Holding and BBC Pagamentos Net Debt - "unrestricted subsidiaries"	1,848.5
   (=) NET DEBT for Covenant of Bonds	41,428.0
   EBITDA reconciliation for Covenant of Bonds (R$ mn)	LTM
   Accounting Net Income	(549.5)
   (+) Loss from discontinued operations	-
   (+) Financial Result	7,615.6
   (+) Income tax and Social contribution	4.5
   (+) Depreciation / Amortization	3,864.4
   (+) Amortization (IFRS 16)	586.4
   (=) EBITDA	11,521.5
   (+) EBITDA LTM of Acquired Companies	-
   (+) Equity income result	12.2
   (-) BBC Holding and BBC Pagamentos EBITDA LTM - "unrestricted subsidiaries"	(106.2)
   (+) Impairment	91.7
   (+) Cost of damaged and loss-making vehicles written off, net of the amount recovered by sale	227.3
   (=) EBITDA for Covenant of Bonds	11,958.9

   As companies in the financial sector, SIMPAR's subsidiaries BBC Holding Financeira Ltda. and BBC Pagamentos Ltda. have financial indicators that are not comparable with the other companies in the Group, which ultimately distorts some indicators at the consolidated level (e.g. profitability and leverage indicators).

   In order to avoid these distortions and to comply with all the conditions set forth in the Bonds indenture, SIMPAR's Board of Directors approved the designation of these subsidiaries as "Unrestricted Subsidiaries". As a result, since 2Q23, the Debt and EBITDA of BBC Holding Financeira Ltda. and BBC Pagamentos should be excluded from the calculation of Net Debt/EBITDA.

2. Net Debt/EBITDA-A (Local Debt Covenant)

‌EXHIBITS

HEDGE ACCOUNTING

The SIMPAR Group enters into non-speculative derivative financial instruments, generally swap, NDF or option contracts, to hedge its exposure to fluctuations in foreign currency exchange rates and its exposure to fluctuations in interest rates on certain loans, financings and debentures. The Company has elected to apply hedge accounting in order to avoid distortions in the financial results caused by mark-to-market fluctuations of these hedging instruments. Two hedge accounting methods are applied: One is the cash flow hedge, which is used for transactions with foreign exchange risk, with mark-to-market fluctuations recorded as Other Comprehensive Income in Equity. The other is a fair value hedge, which is used for transactions with interest rate risk where mark-to-market changes are recorded in the hedged instrument.

In this way, the changes in the fair value of these hedging instruments recognized in the income statement relate only to the offsetting of the positive or negative effects caused by the hedged risks, so that the interest expense corresponding to the interest rates contracted as the counterpart of the hedge is effectively recognized in the financial result.

The mark-to-market fluctuations recognized in Equity are eliminated when the hedging instruments mature. As of September 30, 2025, the Company presented in its consolidated financial statements the negative mark-to-market fluctuations of the hedging instruments accounted for under the cash flow hedge method directly in Shareholders' Equity in the amount of R$ 858.2 million, net of taxes, whereas the gross amount would be R$ 1.300,3 million.

ADDITIONAL CORPORATE INFORMATION

This Earnings Release is intended to detail the financial and operating results of SIMPAR S.A. in the third quarter of 2025. SIMPAR S.A. presents its 2Q25 results, which include JSL, Vamos, Movida, CS Brasil, Automob, BBC, CS Infra, and Ciclus Ambiental, whose combined performance is reflected in the consolidated figures. The financial information is presented in millions of Brazilian Reais (R$) unless otherwise indicated. The Company's interim financial information is prepared under the Brazilian Corporation Law and is presented on a consolidated basis under CPC-21 (R1) Interim Financial Reporting and IAS 34 - Interim Financial Reporting, issued by the IASB. Comparisons refer to the revised data for 3Q24, 2Q25 and 3Q25, except where otherwise indicated.

DISCLAIMER

We make forward-looking statements that are subject to risks and uncertainties. Such statements are based on the beliefs and assumptions of our Management and are based on information currently available to the Company. Forward-looking statements include information about our intentions, beliefs, or current expectations and those of the Company's Board of Directors and Management.

Disclaimers for forward-looking information and statements also include information about possible or supposed operating results, as well as statements that are preceded by, followed by, or that include the words "believes," "may," "will," "continues," "expects," "predicts," "intends," "plans," "estimates," or similar expressions. Forward-looking statements and information are not guarantees of performance. They involve risks, uncertainties and assumptions because they refer to future events and therefore depend on circumstances that may or may not occur. Future results and shareholder value creation may differ materially from those expressed or implied by the forward-looking statements. Many of the factors that will determine these results and values are beyond our ability to control or predict.