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GRUPOTECHNOS GRUPO TECHNOS ANNOUNCES RECORD RESULT WITH A TWO - DIGIT GROWTH IN REVENUE AND PROFIT COMPARED TO 2020 AND 2019 , AND BETTER EBITDA SINCE 2016 DATE Rio de Janeiro , November 8 , 2021- Grupo Technos ( B3 : TECN3 ) announces its 3Q21 results . The following financial and operational information is presented on a consolidated basis , in compliance with Brazilian Corporate Law , unless otherwise indicated . 3Q21 HIGHLIGHTS 11/8/2021 CLOSING PRICE R $ 2.92 / share MARKET CAP R $ 229.2 million CONFERENCE CALL 11/9/2021 10:00 a.m. Brasília Telephone : Brazil : +55 ( 11 ) 3181-8565 +55 ( 11 ) 4090 1621 Connection code : Technos IR CONTACTS Daniela Pires - - CFO and IR Officer Luís Ricardo - Financial and IR Manager Danielle Barbosa - Planning and IR Analyst NOSCHIN TECHNOS Condor mormaii ✔ -EURC FOSSIL MICHAEL KORS TOUCH : allora ri@grupotechnos.com.br www.grupotechnos.com.br/ri +55 ( 21 ) 2131-8950 GRUPOTECHNOS 3Q21 RESULTS Net revenue increased by 20.4 % compared to 3Q20 and increased by 10.2 % compared to 3Q19 Gross profit increased by 29.2 % compared to 3Q20 and increased by 31.0 % compared to 3Q19 SG & A increased by 16.9 % compared to 3Q20 and decreased by 23.1 % compared to 3Q19 Adjusted EBITDA totaled R $ 16.8 million , representing an increase of 65.6 % compared to 3Q20 and by 1.300 % compared to 2019 R $ million Adjusted EBITDA for the last twelve months totaled R $ 60.3 million , the best performance since 2016 Net debt totaled R $ 22.0 million and cash totaled R $ 113.2 million , a historical record Gross revenue Net revenue SG & A Gross profit Gross margin Net income Net margin Adjusted EBITDA Adjusted EBITDA margin Number of watches ( 000s ) Average price ( R $ / product ) 3Q20 76.9 66.9 32.8 49.0 % -23.6 3.7 5.5 % 10.1 502 3Q21 152 89.6 80.5 42.4 52.6 % -27.5 6.4 8.0 % 15.2 % 20.9 % 16.8 497 179 % 16.5 % 20.4 % 29.2 % 3.6p.p. 16.9 % 74.4 % 2.5p.p. 65.6 % 5.7p.p. -1.0 % 17.7 % 2020 149.9 126.6 53.7 3Q21 Results -76.3 -31.0 -18.5 42.4 % 52.9 % 2021 978 223.1 151 200.5 106.0 -24.5 % 5.0 % -74.8 10.0 -14.6 % 17.8 % 35.6 1.250 177 % 48.9 % 58.3 % 97.6 % 10.5p.p. -2.1 % N / A 29.5p.p. N / A 32.4p.p. 27.9 % 17.0 % Adjusted EBITDA - Represents CVM EBITDA ( net income plus depreciation and amortization , financial expenses , financial income , current and deferred taxes ) , adjusted for the present value adjustment on sales and sales taxes , non - operational contingency provisions , nonrecurring results , extraordinary , and stock option plan . 1