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Investor Presentaiton

Markets where we operate | 102-2 | 102-6 | We sell ethanol in the domestic market and our main customers are the fuel distributors operating in Brazil. Hydrous ethanol goes to fuel dealers and anhydrous ethanol is used to mix with gasoline to improve fuel performance. We also serve individual customers and distributors that use the product for other purposes, such as to make biopolymers. VHP sugar goes to the international market, for the refineries that process the product in their own units. The electricity generated from sugarcane biomass is partly used to power our own industrial units, and the rest is transferred out to the National Interconnected System (SIN). This volume fulfills agreements signed in both the Regulated Market (ACR) and the Free Market (ACL). Distribution of volume of hydrous ethanol (in sales - %) 10.7 16.8 3.7 2.3 0.5 C Distribution of volume of anhydrous ethanol (in sales - %) Destinations of exports of VHP sugar (in volume shipped - %) 7.6 5.1 5.9 7.4 9.5 66.1 15.6 48.9 15 4 4 13 SP GO GO MT PR DF Iraq Bangladesh MT PR Algeria RS RS Egypt Chile Other destinations SP Others Other destinations 7 57 11
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