Investor Presentaiton
Portfolio
Companies
103-2103-3
The portfolio companies
demonstrated their significant
adaptability and resilience.
They reaffirmed their values
and strategies. All companies
achieved good results despite
the challenges they faced
in 2021, which included a
shortage of inputs, cost
increases, and logistical issues
combined with the impact of
the pandemic on employees
and their families.
In addition to their results,
the companies advanced their
strategies and made important
progress during the year. The
main highlights include (i) the
international expansion of
Votorantim Cimentos, especially
in North America and Spain;
(ii) the increased digitalization
of BV; (iii) the IPO of CBA;
(iv) the announcement of the
consolidation of Votorantim
Energia's energy assets, in
a transaction involving CPP
Investments and other CESP
shareholders; (v) Nexa's
preparation to start operating
a new polymetallic mine,
Aripuanã, in 2022; (vi) the social
and environmental development
of Citrosuco's supply chain;
and (vii) the increase in
Acerbrag's investments and
competitiveness in Argentina.
These moves,
which are in line
with the business strategy
of each of the portfolio
companies, helped make them
stronger. The pages dedicated
to the individual companies will
provide additional information
about their markets, operational
and financial performances,
initiatives during the year,
and advances related to their
ESG agendas. More detailed
information about each of the
individual companies can be
found in the annual reports
available on their respective
websites.
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