Investor Presentaiton

Highlights 1444 SEX The majority of our revenue comes from Band 1 of the program, reaching levels of 59% in the 3rd quarter of 2023 LTM (Last Twelve Months). The increase in price ceilings within bands 1 and 2 of the program, combined with the changes that will come into effect in the second half of 2023, represents significant potential for value generation. Gross VGV by income bracket in 3Q23 Implementation deadline New parameters MCMV July 2023 Price 420 August 2023 FGTS Future FGTS Approved by Law. Implementation in December 2023. R.E.T. 1 1Q24 Operational impact Increase in average affordability of R$7k in Band 1 through higher subsidies and lower interest rates. Average increase of R$6k in financing capacity due to the possibility of extending the financing from 360 to 420 months. Average increase of R$6k in families' financing capacity through the increase in income commitment from the current 28% to up to 30%. Full potential 2.1p.p. of margin 1.9p.p. of margin 2.0p.p. of margin Focused operation on bands 1 and 2 of the Minha Casa Minha Vida program, with 89% of the Gross Sales Value (VGV) generated by properties in bands 1 and 2. 59% 59% 50% 30% 31% Average increase in gross margin of R$2k through a reduction in the RET (Real Estate Transfer Tax) rate, decreasing from 4% to 1% of monthly revenue for Band 1 projects. 0.7p.p. 1.6p.p. of gross margin 4Q22 of net margin Source: Company, FGTS.1 Base date considers 3Q23 59% 37% 30% 13% 11% 11% 10% Bracket 1 0-2.460 1Q23 2Q23 Bracket 22.460-4.400 3Q23 Bracket 3-4.400-8.000 13

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