Investor Presentaiton

Strategy and Management 102-9 | 102-15 | 103-2 | 103-3 Votorantim: a permanently capitalized investment holding company, with a long-term investment approach, that seeks to deliver superior financial returns with positive social and environmental impacts. Investment thesis Core business Beyond core Beyond business III Strengthening the core: modernization, expansion, and consolidation Value unlocking: extract value from the asset base by leveraging existing skills and capabilities Adjacencies: business opportunities associated with the needs of the companies, and opportunities and risks that follow products and processes New patterns of production and consumption and new business models 22 12

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