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Investor Presentaiton

8 PRESENTATION 2016 HIGHLIGHTS ELDORADO BRASIL 2016 SUSTAINABILITY REPORT 9 Financial and commercial results 1,638,000 metric tons of pulp produced, the company's highest volume ever >90% of the pulp exported - accounting for 12% of Brazil's pulp export volume > Ebitda of R$ 1.585 billion >1,665,000 metric tons sold, an increase of 6.6% over 2015 > Gross revenue of R$ 3.460 billion > Ebtida margin of 54%, the highest in the industry Forestry area > 239,000 hectares of eucalyptus plantations in Mato Grosso do Sul +% > Productivity: 45 m³ of timber per hectare/year in 2014 - the average in 2010 was 20m³/hectare/year > Certification by the Forest Stewardship Council and by the Brazilian Forestry Certification Program (CERFLOR®) > Conservation areas extending over more than 103,000 hectares Três Lagoas Industrial Plant > 5,3% reduction in water consumption compared with 2015, with higher production > Approximately 1.324 million MWh of clean energy generated > Water recirculation rate of 84,79%, compared with 81% in 2015 > 20% reduction in direct GHG emissions Value chain >4,780 company employees > 117 reuniões com comunidades do entorno e representantes de órgãos públicos* > 153,867 hours of training - 32,12 hours per employee > More than 22 metric tons of organic produce bought from producers in the PAIS (Produção Agroecológica Integrada e Sustentável / Sustainable and Integrated Agroeco- logical Production) program maintained by Eldorado and Sebrae.* * BETWEEN MARCH 2016 AND MARCH 2017.
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