Slides
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Institutional Presentation 3Q25
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We make forward-looking statements that are subject to risks and uncertainties. Such statements are based on beliefs and assumptions of our Management and information that the Company currently has access to. Forward-looking statements include information about our intentions, beliefs or current expectations, as well as those of the Company’s Board of Directors and Officers. Disclaimers regarding forward-looking statements and information also include information about possible or assumed operating results, as well as statements that are preceded, followed by, or that include the words "believe", "may", "will", "continue", "expects", "anticipates", "intends", "plans", "estimates" or similar expressions. Forward-looking statements and information are not guarantees of performance. They involve risks, uncertainties and assumptions because they refer to future events, depending, therefore, on circumstances that may or may not occur. Future results and the creation of shareholder value could differ significantly from those expressed or suggested by forward-looking statements. Many of the factors that will determine these results and values are beyond our ability to control or predict. Safe Harbor Statement
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Summary Business Verticals Business Verticals Auto Parts Auto Parts Motion Control Motion Control OEM OEM Financial Solutions Services Financial Solutions & Services Advanced Technology Advanced Technology Randoncorp Randoncorp Who we are Who we are Where we are Where we are What we do What we do Our governance Our governance Our strategy Our strategy Disruptive Technologies Disruptive Technologies e-Sys e-Sys AT4T AT4T Composs Composs NIONE NIONE ESG Ambition ESG Ambition Public commitments Public commitments Sustainable practices Sustainable practices Planet Planet People People Business Business Financial Results Financial Results Investment Cycles Investment Cycles Market Outlook 2025 Market Outlook 2025 Strategic Pillars and Opportunities Strategic Pillars and Opportunities Guidance 2025 Guidance 2025 Performance Outlook Performance & Outlook Attachments Attachments Operating Results Operating Results Financial Results Financial Results Indebtedness Indebtedness Quarterly Information Quarterly Information
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Randoncorp 4 Who we are Where we are What we do Our governance Our strategy
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Who we are 5 We develop transport solutions based on valuing people, generating profit with sustainability, in trust, innovation and technology. In our more than 76 years of history, we have built a global and leadership presence in the sectors in which we operate. Satisfied customer Ethics Innovation and technology Profit with sustainability People valued and respected Image and legacy preservation Safety and quality We are Randoncorp Principles Purpose Connect people and riches to generate prosperity. ~18k Employees Listed since 1971 5 business verticals Presence in +125 countries
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Who we are 6 Strong Brands We are one of the largest players in the Brazilian automotive market Leadership in OEMs − Long-term contracts − Partnership in product development − Large-scale volumes House of Brands − Iconic brands − Strength of synergies Pioneering and technological vanguard − Higher resale value − Most remembered brand − Modern solutions connected with mobility megatrends
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Dynamism 7 1949 - 1999 2000 - 2018 2019 - 2021 2022... Mecânica Randon Air brakes 3rd axle for trucks Trailers manufacturing IPO Freios Master Randon Consórcios Fras-le S/A and Fras-le USA Randon Argentina JOST Brasil Suspensys Fras-le Andina Fras-le Europe Fras-le México Castertech Caxias do Sul Fras-le China Randon Bank Centro Tecnológico Randon Controil Fras-le Panamericana Armetal, Farloc and Fanacif ASK Fras-le Fremax and Fras-le Europe BV Jurid Randon Venice Hercules JOST Campinas Castertech Mogi Guaçu Addiante Juratek DB Server Suspensys Mogi Guaçu EBS Delta Global Dacomsa AXN Heavy Duty Legend: Portfolio Expansion Capacity Expansion Aftermarket Innovation and Services Internationalization Nakata Randon Araraquara Randon Triel-HT Suspensys México Master Flores da Cunha Randon Ventures Conexo Auttom Castertech Indaiatuba Castertech Usinagem Randon Corretora de Seguros Castertech Schroeder NIONE
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8 BRAZIL 23 1 10 9 3 Industry Business Office 34 15 10 12 17 6 1 1 9 Distribution Center 28 9 Financial Solutions & Services 9 1 Innovation 3 2 USA 3 2 MEXICO 4 2 4 UNITED KINGDOM 5 NETHERLANDS 2 IRELAND 2 GERMANY 1 ROMANIA 1 INDIA 1 1 CHINA 1 2 1 1 ARGENTINA 2 1 1 CHILE 1 COLOMBIA 1 1 1 4 3 1 1 1 1 1 1 1 1 1 1 1 2 3 9 1 2 1 1 4 5 1 13 5 4 1 7 1 1 2 1 1 1 1 1 1 1 URUGUAY 1 1 Where we are Auto Parts Motion Control OEM Financial Solutions & Services Advanced Technology & HQ across all continents. OVER 125 COUNTRIES, Products present in
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What we do 9 MAIN MARKETS MAIN CUSTOMERS 1. Trucks, buses and trailers manufacturers 2. Agricultural equipment manufacturers 3. Distributors 4. Auto Parts retailers 5. Cargo transportation 6. Self-employed customers 7. Suppliers, distributors, and customers of Randoncorp 8. Logistics operators 9. Technology companies 10. Randoncorp controlled companies Agribusiness Industry Civil Construction Mining Mobility Aftermarket Capital Goods Logistics Retail Technology Sectors from different areas of activity − Axles and suspensions − Coupling systems − Brake systems − Casting and machining − Friction materials − Components for brake, suspension, steering and powertrain systems −Trailers −Rail cars −Parts for the aftermarket −Financing −Coop-payment plans −Insurance −Fleet rental and management −Telematics −Software development −Venture capital − Robotic cells − Industrial automation − Nanotechnology solutions − Performance Testing Structural laboratory − Active Safety (ADAS) Advanced Technology 1 2 1 3 4 5 6 2 7 8 9 10 1 8
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10 What we do: Competitive Advantages Diversification Exposure to various sectors and geographies, adding resilience to the business. Sinergy End-to-end solutions for the automotive ecosystem, achieving synergies, especially in industrial and commercial areas. Strong and recognized brands A broad portfolio of products and brands, with leadership in most of the sectors in which we operate. Long-term Relationships Partnerships based on the quality of our products and services. Global presence Presence in key global economies, generating revenues in strong currencies. Innovation Pioneering and technological leadership, developing products aligned with the megatrends of mobility. Combining engineering, manufacturing, and automation. Verticalization Complementary businesses that make Randoncorp the most complete player in the Brazilian automotive market.
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11 What we do We offer solutions for various sectors, making us a complete ecosystem. Agribusiness Industry Mining Aftermarket Urban Mobility Civil Construction Logistics Retail Financial Institutions Technology Others
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12 Our Governance Minimum dividend policy of 30% of adjusted net income 60% independent members on the Board of Directors 5 Committees, including 1 advisory to the Board and 4 operational Evaluation of the Board of Directors Effectiveness 80.9% adherence to governance practices recommended by CVM Resolution No. 80 Outsourced and independent whistleblower channel Corporate Governance Risk and Compliance Management Internal Audit Peoples Committee Brand and Reputation Committee Ethics Committee ESG Committee Operating non-statutory Committees Executive Committee Board of Directors Statutory Board Fiscal Council Shareholders Meeting
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Our Governance Board, Councils and Committees 13 Operating non-statutory Committees ESG Committee Ethics Committee Brand and Reputation Committee Peoples Committee Corporate Governance Risk and Compliance Management Internal Audit Vicente F. Assis Board Member Ana Carolina Strobel Board Member Pedro Ferro Board Member Alexandre Randon Vice-President Board of Directors David Abramo Randon Chairman Fiscal Council Alexandre R. Barbosa Ademar Salvador Américo F. Neto Valmir P. RossiRosângela C. Süffert Shareholders Meeting Statutory Board Executive Committee Paulo Prignolato Daniel M. Ely EVP and COO Alexandre Randon Director Daniel Raul Randon CEO and President EVP, CFO and IRO César A. Ferreira CTIO Daniel M. Ely EVP and Financial Solutions and Services COO Ricardo Escoboza EVP South America and Auto Parts COO Paulo Prignolato EVP, CFO and IRO Daniel Raul Randon CEO and President Marcos Baptistucci CPCO Anderson Pontalti EVP International and Motion Control CEO Alexandre Randon Isabelle Randon Frota (Invited member) Ana Carolina Strobel Vicky Bloch
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Our Governance Capital Market 14 FREE FLOAT 56.7% TAG ALONG 80% TOTAL SHAREHOLDERS 35K ¹ Investment clubs and funds ² Companies, banks, brokers and associations Controlling Group 43.0% Institutional Investors¹ 31.3% Individuals 17.2% Legal Entities² 1.1% Foreign Investors 7.1% Shares in Treasury 0.3%
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15 Our strategic guidelines Absolute focus on customers Diversification with focus Financial strenght Leveraging sinergies Company desired to work Sustainability (ESG) prioritized Differential in innovation and technology Products-processes-manufacturing-services
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Strategic Cycles 16 Cycle 1 Cycle 2 Cycle 3 Strengthening our core business and expansion moves have marked a new era for the Company. Growth and resilience through business diversification, focusing on value generation. Construction of a success story, initiated by the trailers market. Entrepreneurship Few products Basic processes Locally focused businesses Joint Ventures Diversified products Professionalization Start of internationalization Accelerated growth Advanced technology Internationalization
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Focus on diversification and resilience 17 Strategy 2009 OEM, with complementary businesses. 2017 Execution of the business model diversification plan. 2023... Consolidation of strategy and less cyclical businesses. 18 26 77 93 2009 2017 2023 9M25 Companies 9 14 32 34 2009 2017 2023 9M25 Facilities 84% 70% 65% 51% 2009 2017 2023 9M25 % Revenue from Capital Goods +9 +9 +48 +35 2009 2017 2023 9M25 Shareholders (k) 1.3 1.8 4.1 2.1 2009 2017 2023 9M25 Market Cap (R$ B) +9 +7 +15 +18 2009 2017 2023 9M25 Employees (k)
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Drivers of our accelerated growth 18 Enhanced synergies and connection with core business. Internationalization Aftermarket Innovation and services Productive capacity Strong currencies Developed economies Great market potential Geopolitical shielding Resilience Brand strength Cash Cow Optimization of distribution channels Recurring demand Disruptive businesses Efficiency Sustainability Digitalization Servitization Portfolio expansion Strategic geographies Ensuring or achieving leadership Smart Factories
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19 We made important moves that made us a complete ecosystem. Suspensys México Ferrari Castertech Indaiatuba Castertech Schroeder Castertech Usinagem JOST Campinas Castertech Mogi Guaçu Suspensys Mogi Guaçu Randon Ventures Auttom Randon Corretora NIONE Addiante DB Conexo Nakata Fras-le Europe Juratek Randon Araraquara Randon Triel-HT Randon VeniceHercules CTR 2019-9M25 Dacomsa Delta Global EBS AXN Innovation Services Auto Parts OEM Motion Control Internationalization Aftermarket Capacity Innovation and Services
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20 Value generation journey 1 2 Capital allocation in profitable businesses Accelerated growth with revenue expansion 10 Positive Impact on Society 3 Strong synergy capture with a good track record 4More resilient results 5 Building Tomorrow through investments in RD&I 6 Low level of leverage and financial strength 7 Increasing returns to Investors 8 Safe and inclusive work environment, with focus on the development of our people 9 Continuous search for evolution in governance
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Business Verticals 21 Auto Parts Motion Control OEM Financial Solutions & Services Advanced Technology
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Auto Parts Motion Control OEM Financial Solutions & Services Advanced Technology 22 Leading manufacturers of solutions for commercial vehicles Safety and innovation in motion control The most complete line of equipment for ground cargo transportation The financial solutions and services platform for various sectors At the forefront of technology in the development of sustainable products Brake systems, axles and suspensions, coupling systems, electromobility, casting and machining, etc. Friction materials, components for brake, suspension, steering, engine, transmission and powertrain systems. Trailers, rail cars, and aftermarket. Financing, coop-payment plans, insurance, fleet rental and management, 24/7 assistance, telematics, technology, and innovation. Robotic cells, industrial automation, products for the mobility industry, nanotechnology platform, and material transformation solutions. 30% of Net Revenue – 9M25 39% of Net Revenue – 9M25 23% of Net Revenue – 9M25 7% of Net Revenue – 9M25 1% of Net Revenue – 9M25 Business Verticals
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23 Structure Distribution Centers 15 10 8 Countries Employees ~4.0 k 2 Joint Ventures Located in With Main Markets Agribusiness Industry AftermarketMobility Brands R$ 3.2 B Net Revenue 9M25 11.6% Adjusted EBITDA Margin 9M25 Factories Brands Civil Construction Auto Parts
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Auto Parts 24 Leaders in their segments. Ranked among the largest players in the auto parts segment for commercial vehicles. With a broad product portfolio, they are a benchmark in quality and globally recognized by their customers.
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Auto Parts: Coupling Systems Landing Gear King Pin Ball Hitch Axle Lift Fifth Wheel Aluminium Wheel Semi-Rod 25 Hubodometer Towing Hitch Rotating Tip Bus Link Twist Lock Spare Holder Turntable Table for Fifth Wheel
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26 Auto Parts: Brake Systems Disk Brake Drum Brakes Brake Components Brake Chamber Sensors Air Dryers Valves Aftermarket Calipers Slack Adjuster Pressure Limiting Clutch Servos >30,000 SKUs ABS Suspension Compressors
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27 Auto Parts: Axles and Suspensions Axles Mechanical Suspension Air Suspension Electromobility
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28 Auto Parts: Hubs and Drums Hubs, drums and rotors Cast and Machined Supports and Components Aftermarket
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Auto Parts 29 Consolidated Net Revenue (R$ Million) EBITDA | EBITDA Margin (R$ Million) | % o/CNR Other VerticalsAuto Parts International Market Revenue (US$ Million) 1,105.8 1,048.3 3,444.2 3,134.6 3Q25 3Q24 3,191.1 2,877.6 9,934.0 8,656.9 9M25 9M24 27.6 11.3 199.0 104.1 3Q25 3Q24 88.1 28.6 581.1 308.1 9M25 9M24 CAPEX (R$ Million) 171.8 129.8 475.1 479.8 3Q24 3Q25 16.4% 11.7% 40.9 32.5 117.5 100.2 3Q24 3Q25 15.9% 11.6% 107.3 85.7 268.8 278.0 9M24 9M25 456.4 370.0 1,253.1 1,269.2 9M24 9M25
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Auto Parts 30 Net Revenue by Product (% o/CNR) Net Revenue By Region (% o/CNR) Net Revenue by Segment (% o/CNR) 12.1% 22.6% 38.5% 29.1% 19.5% 24.9% 7.9% 7.9% 8.3% 9.5% 13.7% 6.0% 3Q25 3Q24 ¹ Class 3 to 6 trucks, buses, and agricultural machinery ¹ 42.1% 33.5% 16.6% 20.4% 28.9% 29.4% 12.3% 16.7% 9M25 9M24 Axles and Suspensions Foundry and Machining Brakes Coupling Systems 84.4% 94.8% 6.5% 3.3% 2.2% 1.7% 6.9% 0.2% 9M25 9M24 Brazil USMCA South and Central America EMEA and others 47.0% 34.4% 15.7% 20.1% 25.9% 30.4% 11.4% 15.1% 3Q25 3Q24 86.4% 94.0% 5.0% 3.7% 1.9% 2.0% 6.8% 0.3% 3Q25 3Q24 15.9% 25.9% 32.3% 29.0% 20.2% 22.1% 7.8% 8.5% 8.0% 9.2% 15.7% 5.3% 9M25 9M24 OEM - Trailers OEM - Class 8 Trucks OEM - Class 6, 7 and 8 Trucks OEM - Others Aftermarket International Market
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31 MAN 20.4% Mercedes 16.5% Randon 15.1% Volvo 9.8% Meritor 5.0% DAF 3.3% Iveco 2.6% Scania 2.2% John Deere 1.8% Charleston Blast and Paint 1.3% Others 22.1% Main competitors Brake Systems Knorr (Germany) Wabco (USA) Captive market – MB/Scania Ibero/Silpa Coupling Systems Fontaine (Brazil/PR) Fuwa (China) SAF-Holland (Germany) Suspensions and Axles KLL/SAF Holland (Brazil/SP) Ibero (Brazil/SP) Hendrickson (USA) BPW (Germany) Fuwa (China) Captive Market – Facchini Casting and Machining Schulz (Brazil/SC) Durametal (Brazil/CE) Frum (Brazil/MG) Fundimisa/Elyte (Brazil/RS) Volumes and Net Revenue 3Q25 3Q24 2Q25 9M25 9M24 Units Revenue Units Revenue ∆% Units Units Revenue ∆% Units Units Revenue Units Revenue ∆% Units Brakes (units) 159,919 285,946 255,441 318,817 -37.4% 189,784 307,008 -15.7% 548,233 923,169 710,588 847,175 -22.8% Coupling Systems (units) 26,953 126,007 36,464 158,185 -26.1% 28,212 133,407 -4.5% 86,602 393,883 109,557 480,355 -21.0% Axles and Suspensions (units) 52,202 519,690 49,386 360,230 5.7% 48,865 469,635 6.8% 146,353 1,343,659 136,526 963,943 7.2% Foundry and Machining (Tons) 21,604 174,149 26,583 211,033 -18.7% 21,237 186,537 1.7% 64,443 530,348 72,858 586,153 -11.6% Values in R$ Thousands, except when indicated otherwise % Net Revenue by Customer 9M25 Auto Parts Note: In 3Q25, changes were made to the volumes of coupling systems due to item reclassification, with historical data alread y adjusted accordingly in the table above
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32 Structure Distribution Centers 12 17 13 Countries Employees ~7.8 k7 Sales Offices Located in With Main Markets Factories Structure Main Markets R$ 4.1 B Net Revenue 9M25 18.5% Adjusted EBITDA Margin 9M25 Brands Agribusiness Industry Civil ConstructionAftermarket Mobility Motion Control
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33 Leader in aftermarket in Brazil and among the largest in Latin America Broad product portfolio with iconic brands, desired by customers Products available in over 125 countries Motion Control
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34 Friction Materials Brake Actuation > 1,000 SKUs Disc Brakes and Drum Brakes > 2,000 SKUs Commercial Line > 6,300 SKUs Light Line > 9,300 SKUs Shock Absorbers > 1,000 SKUs Motorcycle Parts > 200 SKUs Suspension and Steering > 1,600 SKUs >33,000SKUs Engine Components > 11,600 SKUs Motion Control: Portfolio
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35 Motion Control: Portfolio
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Motion Control 36 Consolidated Net Revenue (R$ Million) EBITDA | EBITDA Margin (R$ Million) | % o/CNR Other VerticalsMotion Control International Market Revenue (US$ Million) 1,414.1 1,036.5 3,444.2 3,134.6 3Q25 3Q24 4,105.9 2,858.0 9,934.0 8,656.9 9M25 9M24 134.3 70.1 199.0 104.1 3Q25 3Q24 387.7 214.3 581.1 308.1 9M25 9M24 CAPEX (R$ Million) 195.4 270.2 475.1 479.8 3Q24 3Q25 18.9% 19.1% 44.2 52.2 117.5 100.2 3Q24 3Q25 17.9% 18.5% 85.9 122.9 268.8 278.0 9M24 9M25 512.0 761.6 1,253.1 1,269.2 9M24 9M25
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37 Net Revenue by Product (% o/CNR) Net Revenue By Region (% o/CNR) Net Revenue by Segment (% o/CNR) 4.4% 6.0% 43.9% 56.5% 51.7% 37.5% 3Q25 3Q24 4.6% 5.8% 42.1% 54.9% 53.3% 39.3% 9M25 9M24 OEM Aftermarket International Market Net Revenue by Vechicle Type (% o/CNR) 46.7% 60.7% 32.5% 13.7% 10.7% 13.7% 10.1% 11.9% 9M25 9M24 Brazil USMCA South and Central America 48.3% 62.5% 32.7% 13.8% 8.7% 13.1% 10.3% 10.6% 3Q25 3Q24 Light Vehicles 79.0% Commercial Vehicles 21.0% Light Vehicles 77.6% Commercial Vehicles 22.4% 9M25 3T25 41.1% 47.6% 15.6% 18.7% 19.4% 23.7% 14.7% 1.5% 7.6% 6.3% 1.6% 2.2% 9M25 9M24 Friction Brake Systems Steering and Confort Engine Transmission and Powertrain Others 39.9% 45.2% 15.6% 20.2% 20.6% 24.6% 14.6% 1.6% 7.7% 6.5% 1.6% 1.9% 3Q25 3Q24 Motion Control
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38 Main competitors Friction Brakeparts - Brazil Syl - Brazil Cobreq - Brazil Thermoid - Brazil Duroline - Brazil Braking Systems Hipper Brakes – Brazil MDS – Brazil TRW – Germany Zimmermann – Germany Textar – Germany Brembo – Italy Raybestos – USA Centric - USA Suspension, Steering and Powertrain Cofap - Brazil Monroe - Brazil Kayaba - Brazil Trw - Germany Lemforder - Brazil Viemar - Brazil Dellarosa - Brazil Ima - Brazil Spicer - Brazil 9M25 NON FRICTION FRICTION 92.0% 8.0% 2015 Revenues Evolution Volumes and Net Revenue 3Q25 3Q24 2Q25 9M25 9M24 Units Revenue Units Revenue ∆% Units Units Revenue ∆% Units Units Revenue Units Revenue ∆% Units Friction Materials (Thousand/un.)¹ 29,458 563,715 28,492 468,713 3.4% 27,850 555,327 5.8% 84,602 1,687,741 80,565 1,361,484 5.0% Brake System Components (Thousand/un.) 3,077 220,059 2,762 209,042 11.4% 2,802 217,155 9.8% 8,690 639,756 7,238 535,250 20.1% Steering and Confort (Thousand/un.) 5,939 291,699 4,987 254,532 19.1% 5,206 259,674 14.1% 15,884 798,176 13,737 677,457 15.6% Engine Components (Thousand/un.) 8,274 206,662 2,047 16,746 304.2% 5,461 200,252 51.5% 19,253 603,353 5,300 41,715 263.3% Transmission and Powertrain Comp. (Thousand/un.) 1,656 109,534 1,063 67,846 55.8% 1,643 107,068 0.8% 4,604 310,467 2,757 178,972 67.0% Other products² 1,246 22,399 656 19,614 89.8% 1,191 20,665 4.6% 3,218 66,433 2,322 63,139 38.6% Values in R$ Thousands, except when indicated otherwise The sales volume and revenue from friction materials and brake system components were revised in the totals previously disclosed for 2024, due to adjustments in parts accounting. ¹ For a breakdown of the "Others" line, see Annex IV of the Frasle Mobility Earnings Release. Motion Control 58.9% 41.1%
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OEM 39 Structure Distribution Centers 6 1 3 Countries Employees ~3.2 k1 Sales Office Located in With Main Markets Factories R$ 2.4 B Net Revenue 3Q25 2.7% Adjusted EBITDA Margin 2Q25 Brands Agribusiness Industry Civil ConstructionAftermarket Mining
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40 OEM Largest trailer manufacturer in Latin America and among the TOP 10 worldwide Brazilian Leader in the segment Over 600,000 products manufactured, with 100,000 destined for the international market
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41 OEM: Trailers Grain Dump Tanker Carbon Stainless Aluminum Reefer Sider Silo Container Chassis Sugar Cane Flatbed
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OEM: Other Products 42 Rail Cars Closed Hopper Platform Telescopic Tanker Sider Open Hopper Gondola Aftermarket Parts Mud Flap New R Tail Light Reflective Tapes Battery Water Tank Aluminum Wheel Fender Drain Spout Piston StradaR Tire Lights Strap and Ratchet Trailer Plug
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OEM 43 Consolidated Net Revenue (R$ Million) EBITDA | EBITDA Margin (R$ Million) | % o/CNR Other VerticalsOEM International Market Revenue (US$ Million) 802.5 1,072.9 3,444.2 3,134.6 3Q25 3Q24 2,404.4 3,046.1 9,934.0 8,656.9 9M25 9M24 36.1 22.2 199.0 104.1 3Q25 3Q24 102.8 63.3 581.1 308.1 9M25 9M24 CAPEX (R$ Million) 61.0 47.3 475.1 479.8 3Q24 3Q25 5.7% 5.9% 22.6 11.2 117.5 100.2 3Q24 3Q25 5.6% 2.7% 52.2 50.9 268.8 278.0 9M24 9M25 171.9 65.6 1,253.1 1,269.2 9M24 9M25
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OEM 44 Net Revenue by Product (% o/CNR) Net Revenue by Region (% o/CNR) Sector Exposure (% o/delivers) 52.6% 51.0% 42.5% 45.3% 4.9% 3.7% 3Q25 3Q24 51.2% 59.5% 44.3% 36.5% 4.6% 3.9% 9M25 9M24 Agribusiness Industry Mining and Civil Construction Quarterly Market Share (% o/delivers) 75.9% 89.0% 7.6% 2.0% 15.5% 7.7% 0.9% 1.2% 9M25 9M24 Brasil USMCA América do Sul e Central EMEA e outros 75.5% 88.5% 6.4% 1.5% 16.8% 9.1% 1.3% 0.8% 3T25 3T24 9M25 3T25 59.7% 72.7% 25.0% 9.7% 13.1% 12.5% 2.2% 5.1% 9M25 9M24 Trailers Brazil Trailers International Market Aftermarket Others 56.8% 68.8% 25.7% 9.9% 13.1% 12.7% 4.4% 8.6% 3Q25 3Q24 Randon 26% Player 2 21%Player 3 12% Player 4 9% Player 5 1% Outros 31% Randon 26% Player 2 20%Player 3 13% Player 4 10% Player 5 1% Outros 31%
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45 Historical Market Share 35% 32% 33% 30% 29% 27% 26% 29% 40% 38% 35% 35% 31% 30% 29% 25% 26% 11% 11% 12% 10% 12% 12% 11% 14% 22% 26% 24% 22% 25% 24% 22% 24% 21% 5% 7% 9% 11% 11% 10% 10% 12% 12% 13% 14% 14% 13% 14% 14% 12% 12% 15% 15% 11% 12% 12% 11% 13% 10% 1% 0% 0% 0% 2% 7% 8% 9% 9% 7% 7% 7% 10% 9% 10% 12% 9% 3% 3% 6% 6% 6% 3% 2% 2% 1% 26% 28% 28% 26% 27% 30% 28% 26% 22% 20% 22% 23% 23% 23% 25% 28% 31% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 9M25 Others Player 4 Player 3 Player 2 Player 5 SIZE OF THE MARKET (Deliveries – Brazil) COMPETITORS 40,493 59,284 59,436 52,537 70,162 56,453 29,620 23,075 24,927 44,589 63,437 67,372 90,323 82,837 90,284 88,549 53,613 142 145 153 171 166 171 161 148 136 148 141 154 158 184 196 189 190 Volumes and Net Revenue 3Q25 3Q24 2Q25 9M25 9M24 Units Revenue Units Revenue ∆% Units Units Revenue ∆% Units Units Revenue Units Revenue ∆% Units Trailers Brazil (un.) 3,904 457,818 5,657 760,630 -31.0% 3,445 436,403 13.3% 11,969 1,455,337 18,149 2,270,588 -34.1% Trailes United States¹ 851 51,268 125 16,349 580.8% 835 66,699 1.9% 2,652 183,510 521 62,123 409.0% Trailers Others Geographies (un.) 913 154,611 449 89,585 103.3% 929 163,425 -1.7% 2,352 417,443 1,209 233,837 94.5% Railcars (un.) 54 33,547 120 70,462 -55.0% - - - 54 33,547 174 99,855 -69.0% Aftermarket - 105,256 - 135,862 - - 102,041 - - 314,550 - 379,652 - Values in R$ Thousands, except when indicated otherwise ¹ Volumes sold by Hercules + exports from Brazil. OEM
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46 Structure 2 1 4 ~1.3 k1 With Main Markets R$ 779.5 M Net Revenue 9M25 18.7% Adjusted EBITDA Margin 9M25 Brands Insurance Broker Innovation EmployeesRental of heavy-duty vehicles Coop-payment and Bank Agribusiness Transportation and Logistics Retail Aftermarket Technology and Innovation Financial Solutions Financial Solutions & Services
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Financial Solutions & Services: Portfolio 47 Financial Solutions Fleet Rental and Management Technology and Innovation Coop-payment Plans of: − Automobiles − Trucks − Trailers − Agricultural Machinery − Real Estate − Services − Car Insurance − Fleet Insurance − Cargo Insurance − Life Insurance − Credit Life Insurance − Home Insurance − Heavy Vehicle Rental − Fleet Management − Softwares − Digital Products − Innovation Support − Digital Transformation − Startup Acceleration and Investment − New Business Development − 24-hour assistance and telematics − Credit − Financing − Investments − Working Capital − Agricultural Portfolio
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Fin. Solutions & Services 48 Consolidated Net Revenue (R$ Million) EBITDA | EBITDA Margin (R$ Million) | % o/CNR Other VerticalsFin. Solutions & Services International Market Revenue (US$ Million) 272.1 213.7 3,444.2 3,134.6 3Q25 3Q24 779.5 612.2 9,934.0 8,656.9 9M25 9M24 0.1 0.1 199.0 104.1 3Q25 3Q24 0.4 0.3 581.1 308.1 9M25 9M24 CAPEX (R$ Million) 58.8 56.2 475.1 479.8 3Q24 3Q25 27.5% 20.7% 2.0 0.9 117.5 100.2 3Q24 3Q25 27.7% 18.7% 7.3 5.8 268.8 278.0 9M24 9M25 169.3 145.4 1,253.1 1,269.2 9M24 9M25
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49 Net Revenue by Product (% o/CNR) Net Revenue by Segment (% o/CNR) Fin. Solutions & Services 41.8% 44.5% 37.3% 39.0% 1.1% 1.2% 19.8% 15.3% 3Q25 3Q24 41.2% 44.5% 38.3% 39.0% 1.1% 1.2% 19.3% 15.3% 9M25 9M24 Coop-payment plans Credit Insurance Innovation and Technology Agribusiness 16.5% Industry 15.0% Retail 12.7% Banking Activities 44.5% Others 11.3% Agribusiness 16.6% Industry 15.6% Retail 12.0% Banking Activities 44.9% Others 10.9% 9M25 3Q25
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Fin. Solutions & Services 50 Coop-payment Plans Bank RV Insurance Broker 43 thousand Active customers 341 thousand Quotas commercialized 108 thousand Active quotas 165 thousand Quotas awarded R$ 2.6 billion In cumulative aggregate administrative fee R$ 2.5 billion In credit assets R$ 368 million Equity 7,033 Customers R$ 35.8 M Capital invested 4 Startups invested 26 Startups co-invested through funds +1100 Startups in our database 16% National Transport Insurance 62% Lender insurance 13% Life Insurance 9% Other Insurances Venture Capital unit
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51 Structure 1 1 1 ~1701 With Main Markets R$ 71.6 M Net Revenue 9M25¹ 1.4 % Adjusted EBITDA Margin 9M25¹ Brands Technology Center for product testing and certification Niobium nanotechnology solutions EmployeesSales Office Industrial automation industry Agribusiness Industry Mobility Aftermarket Technology ¹ Without Headquarter numbers. Advanced Technology
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Advanced Technology: Portfolio 52 Automation and Robotics Product Development and Certification Nanotechnology Specialized Machines Automation Panels AI WMS Services Vehicle Dynamics Various Tests Mechanical Testing Safety (ADAS + Passive) Electric Vehicle Testing > Nanostructuring of materials and development and production of additives with metal oxide nanoparticles > Main applications include: - Paints - Coatings - Thermoplastic and thermoset polymers - Cosmetics - Metals > Pioneers in large-scale production of niobium nanoparticles Palletizing Loading and Unloading Deburring Welding Smart Warehouses AGVs/AMRs Energy Efficiency Testing Virtual Simulation
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Advanced Technology: Nanotechnology 53 Main benefits Mechanical Strength Enhancement Chemical Resistance Enhancement UVA / UVB Resistance Improvement Cost Reduction Weight Reduction Circular Economy Antimicrobial Action NIONE Applications TiO₂-free sunscreens High- corrosion- resistance paints Weld beads with greater strength and reduced HAZ (Heat- Affected Zone) Lighter and stronger metal parts High- performance, long-lasting polymers High- performance, sustainable metal pretreatments
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Advanced Technology: Internal Practices 54 Data-Driven Company: AI, Simulations and Data AI Program applied to operations and administration, focused on efficiency, automation, and decision-making. +200 Trained employees +100 Projects implemented +75 Projects in development Low-complexity projects: > Task and email automation > Document and data analysis > Project and contract management > Technical support and operational routines High-complexity projects: > Demand forecasting and pricing > Footprint and programming optimization > Purchasing and logistics intelligence > Industrial productivity > Predictive maintenance and quality > Energy efficiency Proprietary platform that acts as a driver of industrial digital transformation, connecting units, processes, and decisions. Digital manufacturing tools that provide a technical basis for strategic decisions, optimizing operations and investments. Advanced Simulation 33 Projects completed R$ 40.5 M In efficiency and contribution margin gains 14 Connected industrial units +856 Monitored workstations +2.2 M Recorded activities +2 M Status Logs (machines and workstations) ¹ Data from 2023 to 2025. ¹¹
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Advanced Technology 55 Consolidated Net Revenue (R$ Million) EBITDA | EBITDA Margin (R$ Million) | % o/CNR Other VerticalsAdvanced Technology & HQ International Market Revenue (US$ Million) 52.2 51.6 3,444.2 3,134.6 3Q25 3Q24 145.9 150.8 9,934.0 8,656.9 9M25 9M24 1.0 0.4 199.0 104.1 3Q25 3Q24 2.1 1.6 581.1 308.1 9M25 9M24 CAPEX (R$ Million) 7.9 -3.8 475.1 479.8 3Q24 3Q25 15.3% -7.4% 7.8 3.5 117.5 100.2 3Q24 3Q25 -0.6% -9.5% 16.2 12.6 268.8 278.0 9M24 9M25 -1.0 -13.9 1,253.1 1,269.2 9M24 9M25
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56 Advanced Technology Net Revenue by Business Unit (% o/CNR) Net Revenue by Segment (% o/CNR) 46.3% 49.6% 28.1% 20.5% 25.6% 29.9% 3Q25 3Q24 50.9% 51.4% 27.8% 18.1% 21.3% 30.5% 9M25 9M24 Holding CTR Auttom Trucks 17.9% Bus 4.0% Trailers 1.0% Off-road 3.3% Agribusiness 0.7% International Market 10.1% Holding and others 63.1% Trucks 17.5% Bus 5.7% Trailers 3.6% Off-road 4.1% Agribusiness 0.8% International Market 8.1% Holding and others 60.2% 9M25 3Q25
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ESG Ambition 57 Public commitments Sustainable practices Planet People Business
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58 ESG Ambition Public commitments Access our Sustainability Report Reduce greenhouse gas emissions by 40% by 2030 Zero waste disposal in industrial landfills and reuse 100% of the effluent treated by 2025 Double the number of women in leadership positions by 2025 Zero serious accidents Increase annual net revenue generated by new products. We are signatories to the UN Global Compact. Contribution to the SDGs
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59 ESG Ambition SOCIALENVIRONMENTAL GOVERNANCE 2001 Level 1 in B3 2002 Florescer Program 2003 Elisabetha Randon Institute Novos Caminhos Program 2005Qualificar Program 2007 Ethical Conduct Guide 2008 1st succession of CEO after founder 2009 ISO 14001:2004 and OHSAS 18001:2007 Certification and ISO 9001:2008 Recertification 2016 ID RANDON 2017 HSE Policy 2030 Reduce 40% of greenhouse gas emissions 2018 Risk Map 2019 1st sustainability report with GRI Standars 2nd succession of CEO after founder Signatories to the corporate pact 2020 Environmental Manual Diversity and inclusion culture 2021 ESG Ambition Adhesion to the UN Global Compact Green Route 2022 1st CEO out of fouder family Governance Department 1st sustainability report with external assurance 2024 1st Sustainability Linked Loan Sustainability Framework Released Sustainability Policy 2025 Zero the disposal of waste in industrial landfills and reuse 100% of effluent treated Double the number of women in leadership positions JOURNEY
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60 ESG Ambition Sustainable Practices for the Planet Main Projects Renewable energies, carbon footprint and effluent reuse. 2,2% Fees 45,6% Environmental projects 37,3% Waste treatment and transportantion 5,5% Emissions treatment 7,7% Wastewater treatment 1,7% Analyses (wastewater, waste, emissions, water and soil) R$ 41,7 million Environmental Management Investments in 2024
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61 ESG Ambition Sustainable Practices for the People Programs and initiatives for the development of our employees Pra.Vc Platform Employer brand Hers Journey Female Mentoring Circles of Conversation Affinity Groups: Women, Race and Ethnicity, LGBTQIAPN+, and PWDs Qualificar Program Potencialize.se Be Digital Languages Novos Caminhos – Prosperity Journey Leadership in Movement Performance Evaluation Social Investment
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62 ESG Ambition Sustainable Practices for Business Innovation Mobility Megatrends Development of new technologies 10 11 17 Mobility Embedded Electronics Smart Materials Number of Projects in 2024 R$ 212 million invested in R&D and innovation in 2024 73 patents registered in Brazil in 2024
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Performance & Outlook 63 Financial Results Investment Cycles Market Outlook 2025 Strategic Pillars and Opportunities Guidance 2025
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Performance Financial Results 64 Economic Highlights 3Q25 3Q24 ∆% 2Q25 ∆% 9M25 9M24 ∆% Consolidated Gross Revenue 4,084,808 3,847,658 6.2% 3,893,403 4.9% 11,730,728 10,660,434 10.0% Consolidated Net Revenue 3,444,219 3,134,566 9.9% 3,298,384 4.4% 9,933,968 8,656,930 14.8% International Market Revenues US$¹ 198,979 104,072 91.2% 197,641 0.7% 581,095 308,113 88.6% Consolidated Gross Profit 905,835 823,930 9.9% 797,336 13.6% 2,552,367 2,324,755 9.8% Gross Margin (%) 26.3% 26.3% 1 bps 24.2% 213 bps 25.7% 26.9% -116 bps Consolidated EBITDA 484,543 470,871 2.9% 364,357 33.0% 1,188,155 1,198,642 -0.9% EBITDA Margin (%) 14.1% 15.0% -95 bps 11.0% 302 bps 12.0% 13.8% -189 bps Adjusted EBITDA 479,784 475,075 1.0% 364,357 31.7% 1,269,205 1,253,124 1.3% Adjusted EBITDA Margin (%) 13.9% 15.2% -123 bps 11.0% 288 bps 12.8% 14.5% -170 bps Net Income 23,149 121,904 -81.0% -34,930 -166.3% -19,450 290,715 -106.7% Net Margin (%) 0.7% 3.9% -322 bps -1.1% 173 bps -0.2% 3.4% -355 bps Earnings per share R$ 0.07 0.37 -82.1% -0.11 -162.4% -0.06 0.89 -106.3% Financial Highlights 3Q25 3Q24 ∆% 2Q25 ∆% 9M25 9M24 ∆% Equity 3,284,652 3,079,521 6.7% 3,056,777 7.5% 3,284,652 3,079,521 6.7% Investments² 125,665 283,925 -55.7% 315,454 -60.2% 2,770,268 458,226 504.6% Net Debt 7,546,577 4,142,641 82.2% 8,149,947 -7.4% 7,546,577 4,142,641 82.2% Net Debt Without Randon Bank 5,462,599 2,266,869 141.0% 6,192,140 -11.8% 5,462,599 2,266,869 141.0% Net Leverage 4.68 x 2.79 x 67.9% 5.10 x -8.2% 4.68 x 2.79 x 67.9% Net Leverage Without Randon Bank 3.40 x 1.55 x 118.4% 3.88 x -12.4% 3.40 x 1.55 x 118.4% Net Leverage Pro forma Without Randon Bank 3.27 x 1.55 x 110.2% 3.52 x -7.3% 3.27 x 1.55 x 110.2% ROE (last 12 months) 3.0% 12.5% -941 bps 6.1% -306 bps 3.0% 12.5% -941 bps ROIC (last 12 months) 8.7% 9.5% -79 bps 8.0% 69 bps 8.7% 9.5% -79 bps ¹ Exports from Brazil + Revenues from International Markets (both consolidated) Values in R$ Thousands, except when indicated otherwise ² Capex + Non-Organics + Paid-in Capital ³ Considers the pro forma EBITDA for the last 12 months of acquired operations.
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Performance 65 ¹ Net Debt (Without Randon Bank)/EBITDA Last 12 Months. R$ million 2009 2017 2024 CAGR 17-24 Consolidated Net Revenue Consolidated EBITDA Net Income Leverage¹ Dividends 21.0% 4.6% 36.3% 26.8% 22.1%2,469.5 2,936.8 11,915.7 300.8 308.2 1,622.5 139.0 46.7 408.5 0.61x 1.19x 1.63x 39.4 30.7 116.8
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Performance Consolidated Results | 3Q25 66 1,106 1,048 1,414 1,036 802 1,073 272 214 52 52 3,444 3,135 3Q25 3Q24 ² Financial Solutions and Services ³ Advanced Technology and Headquarter 28 11 134 70 36 22 0 0 2 0 199 104 3Q25 3Q24 ³ ³ ² ² ² Net income is presented only on a consolidated basis. 3.9% 23.1 121.9 3Q25 3Q24 Consolidated Net Revenue¹ R$ Million International Market Revenue¹ US$ Million Net Income and Net Margin² R$ Million | % 0.7% - - 130 172 270 195 47 61 56 59 -4 8 480 475 3Q25 3Q24 ² EBITDA of Advanced Tech. Vertical disregards the Holding's equity income effects, to more adequately reflect its operational performance. 13.9% 15.2% ² ² Adjusted EBITDA and Adjusted EBITDA Margin¹ R$ Million Legend: OEMAuto Parts Motion Control Financial Solutions and Services Advanced Technology and Headquarter ¹ The difference between the sum of verticals and the consolidated figure is the elimination of intercompany sales.
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Performance Consolidated Results | 9M25 67 ² Financial Solutions and Services ³ Advanced Technology and Headquarter ² Net income is presented only on a consolidated basis. -19 291 Consolidated Net Revenue¹ R$ Million International Market Revenue¹ US$ Million Net Income and Net Margin² R$ Million | % Adjusted EBITDA and Adjusted EBITDA Margin¹ R$ Million 370 456 762 512 66 172 145 169 -14 -1 1,269 1,253 9M25 9M24 ² EBITDA of Advanced Tech. Vertical disregards the Holding's equity income effects, to more adequately reflect its operational performance. 12.8% 14.5% ² ² 88 29 388 214 103 63 0 0 2 2 581 308 9M25 9M24 ³ ³ ² ² 3.4% -0.2% 9M24 9M25 Legend: OEMAuto Parts Motion Control Financial Solutions and Services Advanced Technology and Headquarter ¹ The difference between the sum of verticals and the consolidated figure is the elimination of intercompany sales. 3,191 2,878 4,106 2,858 2,404 3,046 780 612 146 151 9,934 8,657 9M25 9M24
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Performance Diversified business model | 3Q25 68 % Net Revenue by Sector % Net Revenue by Segment% Net Revenue by Vertical Auto Parts 30.3% Motion Control 38.8% OEM 22.0% Financial Solutions and Services 7.5% Advanced Technology and Headquarter 1.4% Agribusiness 15.8% Industry 18.0% Mining and Civil Construction 3.0% Urban Mobility 1.6% Services and Others 8.6% International Market 31.5% Aftermarket 21.5% OEM 39.3% Aftermarket 21.5% International Market 31.5% Services 7.7% 15.8% 12.9% 6.4% 4.2% Global Aftermarket¹ 44.0% ¹ Brazilian market + international sales, including exports from Brazil.
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Performance Diversified business model | 9M25 69 % Net Revenue by Sector % Net Revenue by Segment% Net Revenue by Vertical Auto Parts 30.0% Motion Control 38.6% OEM 22.6% Financial Solutions and Services 7.3% Advanced Technology and Headquarter 1.4% Agribusiness 14.7% Industry 18.4% Mining and Civil Construction 2.9% Urban Mobility 1.5% Services and Others 8.5% International Market 33.0% Aftermarket 20.9% OEM 38.4% Aftermarket 20.9% International Market 33.0% Services 7.7% 16.5% 11.0% 6.7% 4.2% Global Aftermarket¹ 44.4% ¹ Brazilian market + international sales, including exports from Brazil.
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1,139.0 471.7 100.3 1,119.4 421.4 125.2 16.3% 8.8% 21.4% Auto Parts and Motion Control OEM Fin. Solutions & Services and Adv. Tech. Performance Capital allocation in profitable businesses 70 CAPEX R$ 1.7 B M&A R$ 1.7 B 893.1 225.5 2,258.4 EBITDA Margin R$ 3.4 billion in CAPEX and M&A (2020-2024)
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Performance Excellent track record 71 Capturing synergies guarantees the evolution of the results of acquired companies R$ million -0.2 15.3 3.2 26.0 70.0 15.8 37.5 42.6 72.1 279.2 Castertech Indaiatuba Juratek Castertech Schroeder Fremax Nakata Acquisition EBITDA 2024 EBITDA 2.8x in 6 years 13.3x in 4 years2.4x in 2 years 4.0x in 5 years 99.3x in 4 years
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Performance Smart capital management and value creation 72 Working Capital % of Net Revenue Net Income and Dividends R$ Million 0% 5% 10% 15% 20% 25% 30% 2020 2021 2022 2023 2024 Customers Inventory Suppliers Customer Advances Working Capital 665 698 472 382 409 201 212 165 191 135 30% 30% 35% 50% 33% 2020 2021 2022 2023 2024 Net Income Dividends Pay-out (%)¹ ¹ Considers the gross distribution of Dividends and Interest on Equity (IoE) for the period.
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Performance Financial strength 73 Net Debt History (Without Randon Bank) R$ million ¹ In 3Q25, the Company’s leverage, considering the pro forma EBITDA of the acquired companies, was 3.27x. Also considering the one-off events in the EBITDA of the last twelve months, it would be 3.13x. BrAAA+ 851 1,403 1,594 1,585 2,598 5,971 6,192 5,463 0.72 1.07 1.08 1.03 1.63 3.75 3.88 3.40 2020 2021 2022 2023 2024 1Q25 2Q25 3Q25 Net Debt Leverage (Net Debt/EBITDA) ¹
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Performance Sufficient liquidity to meet short and medium term commitments 74 Amortization of Bank Debt R$ million Total Cost¹ 14.2% p.a. Average term¹ 4.3 years ¹ Indicators for 3Q25, without Randon Bank. Most of the debt is post-fixed CDI+. 2,829 28 283 244 295 381 295 292 17 313 477 634 317 454 1,112 1,531 1,285 138 230 802 556 188 142 13 571 1,562 1,435 799 977 1,420 1,823 1,302 138 Cash 2025 2026 2027 2028 2029 2030 2031 2032 2033 to 2040Foreign Currency Domestic Currency Randon Bank
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Performance Our funding strategy 75 Diversification of financing sources Continuous control of leverage and foreign exchange exposure Reduction in the average cost of debt Credibility with the financial market Extending the debt term Synergy opportunities due to the strength of the group Cost and investment discipline Reduction and optimization of working capital
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Performance Shareholder remuneration 76 R$ 806 M in shareholder remuneration over the past 5 years ¹ Calculated considering the average closing price during the mentioned period, divided by the distributed value per share. R$ 7.95 earnings per share over the last 5 years 30.2% Average payout 21.4% Dividend Yield¹ R$ 188.7 R$ 198.0 R$ 140.6 R$ 162.3 R$ 116.8 0.57 0.60 0.43 0.49 0.31 2020 2021 2022 2023 2024 Dividends/Interest on Equity (R$ Million) Dividends and IOE per Share Share buyback R$ 10.0M Share buyback R$ 124.0M
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Market Outlook 2025 Brazilian Automotive Market 77 BRAZILIAN AUTOMOTIVE MARKET HISTORY (thousand units) 58 118 117 72 103 99 47 68 62 66 67 54 9M20 9M21 9M22 9M23 9M24 9M25 Truck Production Trailers Sales 3Q25 3Q24 ∆% 2Q25 ∆% 9M25 9M24 ∆% Production Trucks¹ 32,261 38,220 -15.6% 34,640 -6.9% 98,632 102,611 -3.9% Trailers³ 19,218 23,578 -18.5% 18,630 3.2% 57,172 69,705 -18.0% Brazil Sales Trucks¹ 29,312 34,331 -14.6% 27,005 8.5% 84,066 91,098 -7.7% Trailers² 17,791 22,723 -21.7% 17,393 2.3% 53,613 67,379 -20.4% Exports Trucks¹ 8,195 4,676 75.3% 7,497 9.3% 21,639 11,716 84.7% Trailers³ 1,427 855 66.9% 1,237 15.4% 3,559 2,326 53.0% ¹ Anfavea Volumes in units ² Anfir ³ Anfir + Aliceweb
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Strategic Pillars and Opportunities 78 Agri business Aftermarket Internatio- nalization OE Business Innovation and Services Thriving sector Growing harvest Increase in global grain and animal protein consumption Limitation in grain storage capacity Expansion in road freight transportation Recurring demand Consolidate leadership Strong brands Optimized distribution channels Product availability Strengthen global presence Focus on mature markets Capture new opportunities Maintain leadership in OEMs Expand product portfolio Conquer new customers and businesses Disruption Sustainability as a differentiator Technological leadership Service ecosystem for transportation
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Guidance 2025 79 Consolidated Net Revenue: Growth driven by aftermarket sales and the addition of new revenue streams through acquisitions and new auto parts factories; International Market Revenue: Global expansion with highlights in the U.S. and U.K., along with the consolidation of new operations; EBITDA Margin: Margins sustained by appropriate pricing and synergy capture, despite partial pressure from product mix and costs; Investments: Focus on increasing capacity and efficiency, with ongoing strategic projects and organic investments. Guidance Range Actual EBITDA Margin² (% EBITDA o/ NR) Consolidated Net Revenue (R$ Billion) Revenues from International Market¹ (US$ Million) Investments³ (R$ Million) ¹ Figures refer to the sum of exports from Brazil and revenues generated by international operations, net of intercompany trans actions; ² Percentage reflects margin adjusted for non -recurring events; ³ Figures refer to organic investments. 12 14 9M25 12.8 12 13,5 9.9 9M25 800 850 9M25 581.1 400 460 9M25 278.0
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80 Disruptive Technologies e-Sys AT4T Composs NIONE
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81 Disruptive Technologies Electric Mobility 1st Regenerative Auxiliary Electric Axle in Latin America High-Performance Engine 154 kW, 1,000 Nm torque, 13-ton capacity. Smart Battery 600V, 52 kWh, with a durability of 5,000 cycles (5-7 years). Up to 25% Fuel Savings Reduces brake wear and increases profitability. Up to 10% Less Travel Time Extra power for climbs and overtaking. Reduction of up to 51 Tons of CO₂/year Electric solution that reduces emissions and fossil fuel usage. VIDEO click or scan Trailers Trucks Tractors and Agricultural Line Buses Delivery Vehicles Dedicated Vehicles
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82 Disruptive Technologies Autonomous Technology Autonomous and precise technology: Movement in controlled environments with smart sensors and complex maneuvers without human intervention. Application in strategic sectors: Efficient and safe operation in terminals, logistics parks, mining, and agriculture. Sustainability and innovation: 100% electric traction, aligned with sustainable and disruptive mobility demands, incorporating various innovation solutions from Randoncorp. Cutting-edge research and development: Result of 5 years of research with the Hercílio Randon Institute and support from the Randon Technology Center. VIDEO click or scan
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85 Disruptive Technologies Composite Materials Components in Alternative Materials VIDEO click or scan Lower weight No painting and no corrosion Simple assembly More durable Updated design
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86 Disruptive Technologies Nano Niobium NIONE is the first company in the world to produce niobium nanoparticles on a large scale Technology that enhances products to provide unique benefits Click or scan Código QR O conteúdo gerado por IA pode estar incorreto. Nanostructuring of Recycled Thermoplastic Polymers Benefits: Case: ➢ Improvement of physical and chemical properties, enabling the use of recycled materials in high-performance applications. ➢ Property stability after multiple recycling cycles, maintaining material performance and its original application. Application example: Replacement of PA6 by PP-PCR (Post-Consumer Recycled) nanostructured with niobium ▼ Cost reduction ▼ Carbon footprint reduction ▲ Productivity increase ► Plug-and-play solution ► No interference with polymer color Mechanical Strength Enhancement Chemical Resistance Enhancement UVA / UVB Resistance Improvement Cost Reduction Weight Reduction Circular Economy Applications in various segments: Antimicrobial Action Sunscreens TiO₂-free Paints High corrosion resistance Weld Beads High strength and reduced HAZ (Heat- Affected Zone) Metal Parts Lighter and stronger Polymers High performance and durability Metal Pretreatments High performance and sustainability
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Attachments 87 Operating Results Financial Results Indebtedness Quarterly Information
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Attachments Operating Results 88 Consolidated Gross Revenue | R$ Million CAGR +21.6% 6,669.7 11,240.6 13,698.0 13,398.1 14,595.2 2020 2021 2022 2023 2024 Consolidated Net Revenue | R$ Million CAGR +22.1% 5,363.0 9,057.5 11,152.4 10,887.8 11,915.7 2020 2021 2022 2023 2024 3,847.7 4,084.8 10,660.4 11,730.7 3Q24 3Q25 9M24 9M25 3,134.6 3,444.2 8,656.9 9,934.0 3Q24 3Q25 9M24 9M25 6.2% 10.0% 9.9% 14.8%
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Attachments Operating Results 89 International Market Revenues | US$ Million International Market Revenues by Region (% o/ International Market Revenues) CAGR +19.7% 213.3 316.4 436.5 466.7 437.8 2020 2021 2022 2023 2024 104.1 199.0 308.1 581.1 3Q24 3Q25 9M24 9M25 34.6% 36.8% 16.6% 7.2% 4.7% 53.0% 20.9% 17.9% 4.7% 3.5% USMCA Mercosur + Chile EMEA South and Central America Asia and Oceania 3Q24 3Q25 88.6%91.2%
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Attachments Operating Results 90 Gross Profit | Gross Margin | R$ Million | % COGS DISTRIBUTION 3Q25 CAGR +23.9% COGS 3Q25 R$ 2.5 B (73.7% o/CNR) 26.3% 26.3% 26.9% 25.7% 1,350.5 2,268.4 2,624.8 2,793.4 3,184.2 2020 2021 2022 2023 2024 25.2% 25.0% 23.5% 25.7% 26.7% 823.9 905.8 2,324.8 2,552.4 3Q24 3Q25 9M24 9M25 Raw material 68.7% Labor 15.7% Depreciation 2.7% Others 12.8% 9.8%9.9%
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Attachments Operating Results 91 EBITDA | EBITDA Margin | R$ Million | % EBITDA | Quarterly EBITDA Margin | R$ Million | % 15.0% 14.1% 13.8% 12.0% 22.4% 14.6% 13.5% 14.5% 13.6% 1,201.8 1,326.5 1,505.0 1,570.2 1,622.5 2020 2021 2022 2023 2024 CAGR +7.8% 470.9 484.5 1,198.6 1,188.2 3Q24 3Q25 9M24 9M25 470.9 423.9 339.3 364.4 484.5 15.0% 13.0% 10.6% 11.0% 14.1% 3Q24 4Q24 1Q25 2Q25 3Q25 -0.9%2.9%
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Attachments Financial Results 92 Net Income | Net Margin | R$ Million | % Net Income | Quarterly Net Margin | R$ Million | % 3.9% 0.7% 3.4% -0.2% 12.4% 7.7% 4.2% 3.5% 3.4% 664.7 697.9 471.7 381.7 408.5 2020 2021 2022 2023 2024 CAGR -11.5% 121.9 23.1 290.7 -19.4 3Q24 3Q25 9M24 9M25 121.9 117.8 -7.7 -34.9 23.1 3.9% 3.6% -0.2% -1.1% 0.7% 3Q24 4Q24 1Q25 2Q25 3Q25 -106.7%-81.0%
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Attachments Indebtedness 93 Indebtedness | Net Debt / EBITDA | R$ Million NET DEBT (Without Randon Bank) ¹ Does not consider business combination values 1.55x 3.40x Gross Debt Indexes 1.27 x 1.92 x 1.94 x 2.02 x 2.89 x 1,522.2 2,542.2 2,925.3 3,174.7 4,681.5 2020 2021 2022 2023 2024 Post- fixed 81.7% Fixed + Exchange Rate 4.3% Post-fixed + Exchange Rate 14.0% ¹ In 2Q25, the Company’s leverage, considering the pro forma EBITDA of the acquired companies, was 3.52x. Also considering the one-offs in the EBITDA of the last twelve months, it would be 3.36x. ¹ Origin of Debt¹ | Short and Long Term 2,266.9 5,462.6 9M24 9M25 1,628.9 6,562.3 8,191.2198.4 1,636.5 1,834.9 1,827.3 8,198.8 10,026.0 Short Term Long Term Total National Currency Foreign Currency
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Attachments Quarterly Information 95 3Q24 4Q24 2024 1Q25 2Q25 3Q25 Net Revenue 3,423.0 3,524.8 13,069.4 3,446.9 3,533.1 3,646.7 % Auto Parts 30.6% 28.7% 29.8% 28.7% 31.0% 30.3% % Motion Control 30.3% 31.4% 30.3% 38.6% 38.5% 38.8% % OEM 31.3% 31.6% 31.8% 24.2% 21.8% 22.0% % Financial Solutions & Services 6.2% 6.6% 6.5% 7.3% 7.3% 7.5% % Advanced Technology and HQ 1.5% 1.6% 1.6% 1.2% 1.4% 1.4% Consolidated Net Revenue 3,134.6 3,258.8 11,915.7 3,191.4 3,298.4 3,444.2 Consolidated Gross Profit 823.9 859.4 3,184.2 849.2 797.3 905.8 % Gross Margin 26.3% 26.4% 26.7% 26.6% 24.2% 26.3% EBITDA 470.9 423.9 1,622.5 339.3 364.4 484.5 % EBITDA Margin 15.0% 13.0% 13.6% 10.6% 11.0% 14.1% Net Income 121.9 117.8 408.5 -7.7 -34.9 23.1 % Net Margin 3.9% 3.6% 3.4% -0.2% -1.1% 0.7%
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r a n d o n c o r p r i . r a n d o n c o r p . c o m r i @ r a n d o n c o r p . c o m