Management Report 2020

I Management Report 2020 Figure 32 Dividend Yield 14% 12% R$ 200 R$ 200 Dividends R$ 232 250 - 200 R$ 147 Average DY - 5.7% 150 Proposed dividends: R$ 200 MM -100 10%- 8%- 6%- 4%- 2%- 0% R$ 176 III 2017 Interim dividends' 2017 2018 2019 1. Referring to profits for Expansion Reserve, from 2012 to 2015. 50 SLC Agrícola R$ Million R$ 32 IEC paid 16/12/20 0 2020 Proposal Proposed dividends Net Interest on Equity Capital paid on 12/16/20 67

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