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Investor Presentaiton

• ON WAS 10 30 20 0-200 -0 200 - 400 600 - 800 800 - 1000 8 1200-1400| Source: ABRAINC / Ministério das Cidades -- 1 SM FGTS Contracting 2022 어 HO 2 SM Affordable Housing Market in Brazil The Affordable Housing Market and Housing Needs in Brazil Subsidized promotion - track 1 Income Distribution 50 0.25% 926 units 46.00% 170,689 units 27.00% 100,447 units 40 1400-1600 1600 - 1800 יוווו 1800 - 2000 2000 - 2200 2200 - 2400 2400 - 2600 2600 - 2800 --- 2800 - 3000 3000 - 3200 3200 - 3400 3400 - 3600 3600 - 3800 2.44 million 41% 1.93 million 33% 800 thousand 14% 700 thousand -12% (above 3 SM) 3800 4000 -- 4000 - 4200 4200 4400 4400 - 4600 4600 - 4800 3 SM 4 SM 5 SM Financed Promotions- track 1, 2 e 3 27.00% 98,747 units QQ 100 thousand 370,809 Total contracted units 6400 6600 6800 - 7000 7000 - 7200 7200 - 7400 7400 - 7600 7600 - 7800 7800 - 8000 Minimum wage 2023 = R$ 1,320.00 10 6 SM Urban Housing Deficit 2019 5,877 millions of units
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