Investor Presentaiton

BEST EFFICIENCY LEVEL IN THE SECTOR 1 AS A RESULT OF DILIGENT COST MANAGEMENT GENERAL EXPENSES (R$ million) 4% 2% 4,930 556 5,008 5,106 611 610 4,373 4,397 4,496 2Q20 ADMINISTRATIVES AND PERSONNEL EXPENSES 1Q21 2Q21 DEPRECIATION AND AMORTIZATION INFLATION 8,35% IN 12 MONTHS ADMINISTRATIVE AND PERSONNEL EXPENSES BREAKDOWN (R$ million) 3% 2% 4,373 4,397 4,496 2,172 2,186 2,177 2,201 2,212 2,319 2Q20 1Q21 2Q21 PERSONNEL EXPENSES ADMINISTRATIVES EXPENSES EFFICIENCY RATIO EVOLUTION 34.6% IN 1Q21, WE COMPLETED 15 QUARTERS WITH THE BEST EFFICIENCY RATIO IN THE INDUSTRY AMONG PRIVATE PEERS 2Q20 33.8% 2Q21 19 RESULTS

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