Vittia Annual Report 2022

VITTIA Adjusted EBITDA and EBITDA Margin We generated an adjusted EBITDA (disregarding the adjustment, to present value, of accounts receivable and non- recurring events) in 2022 of BRL 217.9 million (+23.8% above 2021), and an adjusted EBITDA margin of 25. 6% (+3.0 p.p. above 2021), the main factor being the increase in sales, which surpassed the growth pace in the commercial and administrative structure, consequently boosting the result, which grew significantly more than sales. This improvement shows that market development actions and the structuring of the Company's sales force and distribution have generated significant results in the field, boosting new technologies. Thus, we continue to achieve our strategic objective of accelerated growth with profitability. Evolution of adjusted EBITDA (BRL million) I 42.3 11.3 217.9 3.2 5.2 (11.5) (8.5) 176.1 Adjusted EBITDA 2021 Change in gross margin Change in selling expenses Change in SG&A Change in PDD Change in D&A Change in AVP Adjusted EBITDA 2022 Notes: SG&A = General, administrative, other, and non-recurring expenses. PDD Provision for doubtful debts. D&A = Depreciation and amortization. AVP = Adjustment to present value. Annual Report 2022 116

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