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2Q21 Earnings Release ULTRA São Paulo , August 11 , 2021 - Ultrapar Participações S.A. ( " Company " , " Ultra Group " or " Ultrapar " , B3 : UGPA3 / NYSE : UGP ) , a company engaged in the oil & gas chain through Ipiranga , Ultragaz and Ultracargo , specialty chemicals through Oxiteno and retail pharmacy with Extrafarma , today announces its results for the second quarter of 2021 . Net revenues Recurring EBITDA¹ R $ 29 billion R $ 898 million Net income¹ R $ 290 million Cash flow from operations – 1H21 Market cap R $ 1.3 billion R $ 21 billion Investments R $ 398 million ' Does not include impairment at Extrafarma of R $ 395 million Highlights • Record quarterly results registered at Ultracargo and Oxiteno . • Earnings progression and net debt reduction allowed Ultrapar to reach the lowest level of financial leverage of the last two years . • Approval of R $ 218 million in dividends for the 1H21 , equivalent to R $ 0.20 per share . • Start - up of operations of the new Itaqui and Vila do Conde terminals ahead of schedule , generating additional revenues and results for Ultracargo already in 2021 . Advance on the Ultrapar's portfolio review process , with the announcement of Extrafarma and ConectCar divestments , consistent with the strategy disclosed by the Company . Extrafarma's divestment led to the recognition of an impairment of R $ 395 million in 2Q21 , with no cash effects . Hosting of The Ultra Series - Meet Ultrapar's Leaders event in July with Marcello Farrel , AmPm's Executive Officer , to detail the new convenience store concept and the company - operated stores model , in addition to the discussion on the AmPm's growth and profitability plans . Publishing of the Ultra Group's 2020 Integrated Report in May , including the disclosure of ESG indicators and initiatives in the environmental , social and governance areas . Donation of R $ 1.5 million to the Butantã Institute , for the purchase of equipment for the new production plant of vaccines against COVID - 19 ( ButanVac ) and influenza . UGPAS UGP NOVO IBOVESPA MERCADO NYSE IBRX 50 = IBRX IVBX 2 IGC IGC - NM ITAG ICO2 FTSE4Good