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Earnings Release Cosan S.A | 1st Quarter , 2021 Ccosan São Paulo , May 14 , 2021 – COSAN S.A. ( B3 : CSAN3 ) ( NYSE : CSAN ) today discloses its results for the first quarter ( January , February , March ) of 2021 ( 1Q21 ) .The results are presented on a consolidated basis , according to the accounting practices adopted in Brazil and the international standards ( IFRS ) . The comparisons made in this report consider the 1Q21 and 1Q20 , except when otherwise indicated . 1Q21 Highlights Cosan provided Pro forma Adjusted EBITDA of R $ 2.6 billion ( + 8 % ) and adjusted net profit of R $ 765 million ( + 18 % ) , driven by the expansion of the results of most businesses . Raízen Renewables reached Adjusted EBITDA of R $ 571 million ( -26 % ) , due to reduced contribution from electricity resale & trading . Sugar reached Adjusted EBITDA of R $ 508 million ( 34 % ) , due to the lower own sold volume in the intercrop period . Marketing & Services provided Consolidated Adjusted EBITDA ( Brazil + Argentina ) of R $ 1.0 billion ( + 48 % ) , leveraged by gains from Raízen's supply and commercialization strategy . Executive Summary - Cosan Pro forma¹ BRL min Net Revenue Gross profit EBITDA Adjusted EBITDA² Net Income Adjusted Net Income² Investments³ Cash Generated ( Used ) ¹ Net Debt5 Leverage ( Net Debt / EBITDA LTM ) 6 CONFERENCE CALL May 17 , 2021 ( Monday ) Compass Gás & Energia reached EBITDA of R $ 578 million ( + 1 % ) , supported by higher volumes of natural gas distributed by Comgás ( + 7 % ) . English ( simultaneous translation into Portuguese ) Time : 10:00 a.m. ( Brasília ) | 09:00 a.m. ( New York ) Moove totaled EBITDA of R $ 188 million ( + 68 % ) , due to the 18 % increase in volume sold . BR : +55 11 3127 4971 USA : +1 ( 516 ) 300 1066 Código : COSAN Rumo delivered Adjusted EBITDA of R $ 832 million ( + 30 % ) , benefited by the 13 % higher transported volume with average fees 6 % above . 1Q21 1Q20 Chg . % 4Q20 ( Jan - Mar ) ( Jan - Mar ) 1Q21x1Q20 ( Oct - Dec ) 22,511.9 2,709.3 2,827.5 2,575.6 827.7 764.6 1,945.0 ( 3,765.4 ) 26,654.5 3.1x 19,632.6 2,303.4 2,526.7 2,382.3 646.7 648.7 1,513.1 ( 801.2 ) 23,381.3 2.4x 14.7 % 17.6 % 11.9 % 8.1 % 28.0 % 17.9 % 28.5 % n / a 14.0 % 0.7x 22,534.0 2,654.4 2,598.0 2,595.4 ( 112.0 ) 31.5 Note 1 : It considers the consolidation of 50 % of Raízen , as well as 100 % of Rumo and the holdings incorporated by Cosan S.A. for all periods .. Note 2 : Adjusted EBITDA excludes specific Effects incurred on quarters , detailed on page 6 of this report . Note 3 : It includes investments in Assets arising from customer agreements at Raízen Combustíveis and Comgás . Note 4 : Generation of Free Pro forma cash for shareholders , before dividends paid ( Free Cash Flow to Equity ) . 1,928.6 171.7 26,562.6 Note 5 : It includes liabilities to preferred shareholders in subsidiaries and excludes lease liabilities ( IFRS 16 ) . Note 6 : EBITDA LTM adjusted by the effect of Comgás CCR in the last periods to March 31 , 2020 and by the lease liabilities ( IFRS 16 ) at Raízen 3.2x Chg . % 1Q21x4Q20 -0.1 % 2.1 % 8.8 % -0.8 % n / a n / a CSAN 83 LISTED NM 0.8 % n / a 0.3 % -0.1x INVESTOR RELATIONS E - mail : ri@cosan.com Phone : +55 11 3897-9797 Website : www.cosan.com CSAN LISTED NYSE