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Investor Presentaiton

= 2021 Liabilities and equity Non-current liabilities Votorantim Nexa Cimentos Resources CBA Long steels Votorantim Holding and (*) Energia other Eliminations Total, industrial Votorantim segments Total, Finanças Eliminations consolidated Borrowing 12,132 9,222 3,037 Lease liabilities 1,167 19 18 7 10 10 24,401 24,401 1,221 1,221 Derivative financial instruments 415 1 110 526 526 Deferred income tax and social contribution 1,365 1,135 40 26 52 1,038 3,656 168 3,824 Related parties 23 62 2 3 (15) Provision 1,292 1,444 820 5 2 188 75 3,751 75 3,751 Use of public assets 662 86 944 1,692 1,692 Pension plan 399 1 163 563 563 Electric power futures contracts 46 24 2,993 3,063 3,063 Deferred revenue - silver streaming 637 637 637 Other 433 220 43 2 25 17,934 12,764 5,098 41 3,074 107 1,519 11 841 841 (4) 40,426 168 40,594 Total liabilities 26,796 18,204 7,227 1,584 4,339 3,940 (1,307) 60,783 287 61,070 Equity Total equity attributable to owners of the Company 15,587 7,523 4,501 499 3,471 50,633 Non-controlling interests 2,296 1,853 215 303 (32,324) 2,708 49,890 7,375 6,710 (6,686) (1) 49,914 7,374 Total equity 17,883 9,376 4,716 802 3,471 50,633 (29,616) 57,265 6,710 (6,687) 57,288 Total liabilities and equity 44,679 27,580 11,943 2,386 7,810 54,573 (30,923) 118,048 6,997 (6,687) 118,358 (*) Relates to long steel operations in Argentina. 192
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