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Investor Presentaiton

· Key risks identified in 2019/2020 As a result of the review, 31 macro-risks were identified, which can be broken down into 107 risks, of which the most important are: Macroeconomic/political changes: market changes such as the oil price, US dollar, VHP sugar price etc., which have a direct or indirect impact on the sales and revenue planning curve for Atvos. Current policy is also taken into account, such as tax barriers to the import of ethanol from corn. Climate risk: impact of drought and frost on leased areas or the properties of sugarcane suppliers, and consequently on the crop result. Diseases and pests in the fields: new diseases and pests that can attack our own or third- party plantations, affecting yields. For the 2020/2021 crop, as well as executing action plans and the maturity of the integrated risk management, we shall have a specific plan to comply with the General Data Protection Act, which we have been planning throughout the 2019/2020 year. In addition to risks, our plan involves mapping opportunities for our business. Here we identified as a strategic opportunity during the year the certification of all our units by RenovaBio. The process ranged from preparation for audits to designing internal procedures for issuing Decarbonization Credits (CBIO). More details of our strategy in Vision of the future. Climate action Opportunities | 102-15 | 13 CLIMATE ACTION 20
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