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Investor Presentaiton

I Affordable Housing Market in Brazil Significant demand for housing among those ineligible for market- based financing Popular Housing Market in Brazil I On February 14, 2023, Provisional Measure No.1.162/2023 was signed, announcing the resumption of the Minha Casa Minha Vida program. BRACKET 1 The program resumes track 1, which is aimed at families with incomes of up to R$2,640. The program is aimed at residents in urban areas with gross monthly family income of up to R$8,000. Lower interest rates to guarantee decent housing for the low-income population, using resources from the FGTS. Group Bracket 1 Bracket 2 Income Range Up R$2,640 R$2,640,01 to R$4,400 Bracket 3 R$4,400,01 to R$8,000 BRACKET 2 Subsidized Acquisition Families are randomly selected and pay a symbolic value for the property Primary Funding Source: General Budget of the Union (OGU) Families acquire units from the homebuilder Financial agent (CEF. BB) approves credit Subsidies meet the gap between payment capacity and property's market value Fiduciary alienation (mortgage) allows property resumption in case of delinquency Primary Funding Source: FGTS (mandatory pension fund) BRACKET 3 Market-Based Solution Financed by local private banks The government's goal is to contract two million homes by 2026. Source: Provisional Measure No.1.162/2023 / Programa Minha Casa Minha Vida (www.gov.br). 00 8
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