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Welcome to our bi-weekly newsletter, where we share news about Votorantim and the companies in our portfolio, along with updates and insights about the market.

Annual Results

Our portfolio companies continue to release their 2025 results. See the highlights below.

Nexa Resources: Reported net income of US$ 223 million in 2025, compared to a net loss of US$ 187 million in 2024, reflecting a significant increase in operating performance, supported by higher gross profit and favorable foreign exchange effects. See more.

Auren: Achieved record adjusted EBITDA of R$ 4 billion, up 19.9% from 2024. Net revenue reached R$ 13.1 billion, an increase of 17% in the period. Considering only the fourth quarter of 2025, EBITDA was R$ 1 billion — 13.5% higher than in 4Q24. Access here.

CBA: Closed 2025 with accumulated net income of R$ 230 million. Adjusted EBITDA in 4Q25 was R$ 257 million, a 10% increase compared to the previous quarter. Check it out.

Hypera: Reported net revenue of R$ 7,699.2 million, completed its working capital optimization project, and achieved record operating cash flow of R$ 2,574.4 million in 2025. Access here.

Most Sustainable Companies

For the first time, Motiva was included in the select list of the world’s most sustainable companies, according to the 2026 edition of The Sustainability Yearbook, published by S&P Global. The yearbook is one of the leading references for international experts and investors, recognizing companies that adopt the best sustainability practices worldwide.

Integrity in Agribusiness

Citrosuco received the Agro Mais Integridade 2025–2026 seal, an award from the Ministry of Agriculture and Livestock recognizing companies that operate with ethics, transparency, and responsibility in agribusiness. This recognition reinforces the company’s commitment to solid governance, responsible relationships, and positive impact throughout the value chain.