Kepler Weber S A : Results Presentation | 1Q24

1Q24 Earnings Videoconference

April 30, 2024	"Strong quarter with robust profitability, driven by a Positive Sales Mix and
	Strategic Diversification"

DISCLAIMER

This is a supporting document for Kepler Weber S/A's earnings videoconference for the first quarter of 2024.

Statements contained herein concerning business prospects, projected results of operations and financial results and the growth prospects of Kepler Weber are mere projections and, as such, are based exclusively on Management's expectations about the future of business.

Such forward-looking statements substantially depend on the approvals and licenses needed to ratify the projects, on market conditions, and the performance of the Brazilian economy, the industry and international markets, which makes them subject to change without prior notice.

This performance report includes accounting and non-accounting data such as operational information, pro forma financial information and projections, which are all based on Management's expectations.

The non-accounting data have not been reviewed by the Company's independent auditors.

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Key Highlights | 1Q24 and 1Q23

(in millions of Reais)

Net

Revenues

1Q24 380.3 + 17.7%

Against 1Q23

1Q23 323.1

EBITDA

90.4 23.8%

EBITDA Margin

+ 16.8%

Against 1Q23

77.4 24.0%

EBITDA Margin

Net Income

52.2 13.7%

Net Margin

+ 2.0%

In relation to 1Q23

51.2 15.8%

Net Margin

3

Business areas

Net Operating Revenues

Performance

15%

				(in millions of Reais)
Farms	Agribusiness	International	Ports and	Replacement and
Business	Terminals	Services

12%

35%

1Q24

R$132.0

R$106.0

R$38.8

R$46.6

R$57.0

1Q24

10%

28%

16%

33%

10%

1Q23

7%

34%

+22.8%

-3.7%

+70.2%

+46.5%

+11.8% 1Q24 vs. 1Q23

R$107.4

R$110.1

R$22.8

R$31.8

R$51.0

1Q23

4

Grain storage | Domestic Projects

200T/h	13.4 thousand tons	29.7 thousand tons
Três de Maio (RS)	Correntina (BA)	Ivinhema (MS)
Delivered in January 2024	Delivered in February 2024	Delivered in March 2024
Product: Corn	Product: Soybean	Product: Soybean and Corn

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Grain Storage | International Projects

KW MAX 200	KW DRYER 3800
Bolivia (Tunas)	Uruguay (Treinta Y Tres)
Delivered in February 2024	Delivered in March 2024
Product: Soybean	Product: Rice

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Significant Supplies negotiated in the period

	Farms	Agribusiness
	05 projects	10 projects	International Business
	04 Medium-sized farmer
	02 Cooperatives	03 projects for Grain Producers
	01 Large farmer	04 Grain producers
		04 Agribusiness
Order amount R$	R$35.5 million	R$119.3 million	R$22.9 million

Products	New projects with a complete
Storage system (Silos,	New projects with a complete	Expansion of existing projects for
	Dryers, Cleaning Machines	Storage system (Silos,	the Storage system (Silos, Dryers,
	and Conveyors).	Dryers, Cleaning Machines,	Cleaning Machines and
		Conveyors).	Conveyors).
Sector	Grain Storage	Grain Storage	Grain Storage
Soybeans and Corn	Soybeans and Corn	Soybeans and Corn

Project delivered*	08/2024	11/2024	06/2024

R$177.7 MM new orders in

18 strategic projects

* Billlings to start in April 2024 and until the relevant delivery dates.

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EBITDA | 1Q24

(in millions of Reais)

+13.0

(+16.8%)

	7.1			90.4
		0.2
77.4	19.9

23.8%

24.0%without ROL without ROL

1Q23

NET INCOME

SG&A

OTHER

1Q24

8

Investments | CAPEX

					1Q24 investments in modernization and
CapexEvolution				production capacity
(in millions of Reais)
				-73%
		29.4
		24.9
				18.4
11.7	12.0			14.4
9.1
7.5		7.8

1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24

Gutter pipe Manufacturing Cell

1% 3%

			Increase in Manufacturing Capacity
3%		26%
34%		New Products
1Q23	1Q24
			IT
13%	27%	Reforms/Legislation - NRs
9
92%

Cash and cash equivalents | Net Cash 1Q24

Cash and cash

equivalents

(Gross Balance)

Net Cash

R$319.7R$173.4

millionmillion

10