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RESULTS 3ND QUARTER 20 25 I N V E S T O R R E L A T I O N S Listed on B3 Novo Mercado | PLPL3
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2 This presentation has forward-looking statements that are subject to risks and uncertainties. These statements are based on Management’s beliefs and assumptions and on currently available information. Forward-looking statements refer to the intentions. beliefs or current expectations of the Company. Board members or Executive Officers. They also include information on future results of possible transactions. They are no guarantees of performance. as they involve risks. uncertainties and assumptions because they refer to future events and. therefore. depend on circumstances that may or may not occur. Our future results and value for shareholders may significantly differ from those expressed or suggested in these statements. Many factors that may determine these results and figures are beyond the Company’s control or its ability to make predictions. Listed on B3 Novo Mercado | PLPL3 Disclaimer!
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PARTICIPANTES VICE-PRESIDENT R O D R I G O L U N A EXECUTIVE VICE-PRESIDENT DIRECTOR CFO E IRO J O Ã O H O P P 3 FINANCIAL DIRECTOR A N S E L M O S O A R E S Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 CEO R O D R I G O V O N
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HIGHLIGHTS 3Q25 4 LAUNCHES 100% 3Q25 (LTM) BRL 6.0 billion +39.0% 3Q25 LTM vs 3Q24 LTM LAUNCHES 100% 9M25 BRL 4.7 billion +81.2% ABOVE 9M24 BRL 31.6 billion +14.5% ABOVE 4Q24 BRL 3.5 billion +19.4% 3Q25 LTM vs 3Q24 LTM LAUNCHES 100% 3Q25 BRL 2.1 billion +99.0 ABOVE 3Q24 BRL 2.8 billion +20.6% 9M25 vs 9M24 BRL 1.0 billion +14.1% ABOVE 2Q25 Historical ___ Record Historical ___ Record Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 NET SALES | 100% 3Q25 (LTM) PRIVATE MARKET (Excluding PODE ENTRAR) NET SALES | 100% 9M25 PRIVATE MARKET (Excluding PODE ENTRAR) NET SALES | 100% 3Q25 PRIVATE MARKET (Excluding PODE ENTRAR) LANDBANK | 100% 3Q25 Historical ___ Record Historical ___ Record Historical ___ Record
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3Q25 Listed on B3 Novo Mercado | PLPL35 OPERATIONAL RESULTS
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LAUNCHES 100% 6 TOTAL (BRL million) 3Q24 2Q25 3Q25 1,076 1,401 2,142 +99.0% +52.9% 9M24 9M25 2,606 4,721 +81.2% Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 Historical ___ Record
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7 957 3Q24 2Q25 3Q25 1,188 2,142 +123.8% +80.3% 9M24 9M25 2,418 4,186 +73.1% LAUNCHES %P&P TOTAL (BRL million) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 Historical ___ Record PRIVATE MARKET
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8 2022 2023 2024 3Q25 (LTM) 1,805 3,344 3,867 5,983 +231.4% LTM LAUNCHES TRACK. Numbers include Pode Entrar - TOTAL (BRL million) +54.6% Compound Annual Growth Rate Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 Historical ___ Record
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9 SALES 100% TOTAL (BRL million) 906 894 374 3Q24 0 2Q25 1,020 0 3Q25 1,280 894 1,020 -20.3% +14.1% Sales Private Market Pode Entrar 374 2,296 9M24 2,770 0 9M25 2,670 2,770 +3.7% Sales Private Market Pode Entrar Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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10 LTM SALES TRACK RECORD. Numbers include Pode Entrar - TOTAL (BRL million) 2022 2023 2024 3Q25 (LTM) 1,690 3,071 3,377 3,477 +105.7% +30.0% Compound Annual Growth Rate Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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3Q25 Listed on B3 Novo Mercado | PLPL311 FINANCIAL RESULTS
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NET REVENUE 12 (BRL million) 719 784 814 3Q24 2Q25 3Q25 +13.3% +3.9% 9M24 9M25 1,917 2,207 +15.1% Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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13 504 2022 2023 2024 3Q25 (LTM) 1,450 2,254 2,886 +472.6% +28.0% Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 (BRL MILLION) EVOLUTION OF REVENUE TO BE APPROPRIATED.
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14 34.2% 35.5% 21.0%2Q24 34.1% 35.4% 27.4% 3Q24 33.9% 35.4% 29.2% 4Q24 34.0% 36.5% 23.3% 1Q25 34.5% 36.7% 25.5% 2Q25 31.1% 32.5% 21.3% 3Q25 Plano&Plano Private Market Pode Entrar 174 239 245 228 207 270 254 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 (%) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 GROSS PROFIT & MARGIN. A D J U S T E D G R O S S M A R G I N A D J U S T E D G R O S S P R O F I T (BRL million)
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15 BACKLOG MARGIN. PRIVATE MARKET (%) 32.0% 1Q22 33.1% 2Q22 34.8% 3Q22 36.3% 4Q22 38.3% 1Q23 40.3% 2Q23 40.5% 3Q23 40.5% 4Q23 39.6% 1Q24 39.5% 2Q24 38.9% 3Q24 38.3% 4Q24 38.1% 1Q25 39.0% 2Q25 38.7% 3Q25 Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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16 0 2 4 6 8 10 12 0 20 40 60 80 100 120 71.8 10.0% 3Q24 84.5 10.4% 3Q25 SALES EXPENSES. (BRL million and % of revenue) 0 1 2 3 4 5 6 7 8 9 10 20 40 60 80 100 120 140 160 180 200 220 240 187.4 9.8% 9M24 207.1 9.4% 9M25 Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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17 SELLING EXPENSES/NET REVENUE (BRL MILLION AND % OF LAUNCHES) 9.3% 2022 9.9% 2023 8.2% 2024 7.6% 3Q25 LTM 158.0 235.1 245.1 264.9 Selling Expenses % of Net Sales (excluding "Pode Entrar") (excluding Pode Entrar) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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18 0 1 2 3 4 5 6 0 10 20 30 40 50 60 38.2 5.3% 3Q24 45.2 5.6% 3Q25 G&A EXPENSES. (BRL million and % of revenue) 40 50 60 70 80 90 100 110 120 130 140 150 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 6.0 6.5 112.6 5.9% 9M24 137.7 6.2% 9M25 Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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19 G&A EXPENSES/LAUNCHES (BRL million and % of Launches) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 89.1 4.9% 2022 118.1 3.5% 2023 154.0 4.0% 2024 179.0 3.0% 3Q25 LTM Administrative expenses % Launches
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NET INCOME & MARGIN. 20 (BRL million and%) 119 84 78 -4 -2 0 2 4 6 8 10 12 14 16 18 20 40 60 80 100 120 140 160 180 18.6% 16.6% 3Q24 13.1% 10.7% 2Q25 11.7% 9.6% 3Q25 134 103 95 Net Margin 100% Net Margin %Plano&Plano Net Income 100% Net Income %Plano&Plano 256 229 -10 -5 0 5 10 15 0 50 100 150 200 250 300 350 400 15.0% 13.4% 9M24 12.6% 10.4% 9M25 287 279 Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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LTM NET INCOME & MARGIN. 21 269 296 339 344 369 358 316 0 2 4 6 8 10 12 14 16 0 100 200 300 400 500 600 700 800 900 13.0% 12.3% LTM 1Q24 13.2% 12.3% LTM 2Q24 14.6% 13.3% LTM 3Q24 15.1% 13.3% LTM 4Q24 15.6% 13.7% LTM 1Q25 15.1% 12.8% LTM 2Q25 13.3% 11.0% LTM 3Q25 283 317 373 391 422 421 382 Net Margin 100% Net Margin %Plano&Plano Net Income 100% Net Income %Plano& Plano (BRL million and%) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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22 CASH GENERATION. Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 Cash Generation (BRL Millon) 1Q25 2Q25 3Q25 2025 Net Debt (Net Cash) at the beginning of the period -185.7 156.9 199.2 -185.7 Net Debt (Net Cash) at the end of the period 156.9 199.2 90.9 90.9 Net Debt Variation 342.7 42.3 -108.3 276.6 (+) Dividends -200.0 0.0 0.0 -200.0 Operating Cash Consumption /(Generation) 142.7 42.3 -108.3 76.6 (-) Receivables Assignment 0.0 0.0 137.9 137.9 Operating Cash Consumption /(Generation) ex- Receivables Assignment 142.7 42.3 29.6 214.5
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23 NET DEBT. Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5 Net Debt (BRL thousands) 09/30/2025 06/30/2025 Δ % 09/30/2024 Δ % Total Debt 1,050.0 737.8 42.3% 585.9 79.2% (+/-) Fair Value Adjustment 16.6 15.2 9.2% 0.0 0.0% Gross Debt 1,066.6 753.0 41.7% 585.9 82.0% Total Cash and Financial Investments 975.8 553.8 76.2% 690.2 41.4% Net Debt 90.9 199.2 -54.4% -104.3 -187.1% Equity 100% 1,082.2 988.4 9.5% 909.6 19.0% Net Debt / Equity 8.4% 20.2% -11.8 pp -11.5% 19.9 pp Leverage Ratio [ND / (ND + E)] 7.7% 16.8% -9.0 pp -13.0% 20.7 pp
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24 CURVES OF THE PROJECTS 0 100 Expenses in BRL million per quarter 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 Construction Expenses of Projects (BRL/quarter; 1Q24 = base 100) 1T24 igual base 100) 0 100 Expenses in BRL million per quarter 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 Construction Cost 24 - Month Timeline Estimated 36 - Month Curve (1Q24 = Base 10) 0 100 Expenses in BRL million per quarter 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 24 and 36 - month curves (BRL/quarte; 1Q24 = base 100) C o n s t r u c t i o n C o s t C u r v e o f P r o j e c t s i n t h e 2 4 - M o n t h C y c l e L a u n c h e d u p t o D e c / 2 3 C o n s t r u c t i o n C o s t C u r v e o f P r o j e c t s L a u n c h e d f r o m J a n / 2 4 ( C o m p a r i s o n o f t h e 2 4 - a n d 3 6 - M o n t h ) C o n s t r u c t i o n C o s t C u r v e o f A l l P r o j e c t s ( 2 4 - a n d 3 6 - M o n t h C y c l e s ) Listed on B3 Novo Mercado | PLPL33 n d Q U A R T E R 2 0 2 5
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Q&A Earnings Webcast 3Q25 If you would like to ask a question. please type your name and company. To participate live: PLPL3 IR Team: ri.planoeplano.com.br ri@planoeplano.com.br
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Listed on B3 Novo Mercado | PLPL3 Building Value Relationships