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3Q21 Earnings Release ULTRA - São Paulo , November 3 , 2021 – Ultrapar Participações S.A. ( " Company " , " Ultra Group " or " Ultrapar " , B3 : UGPA3 / NYSE : UGP ) , a company engaged in energy and infrastructure through Ipiranga , Ultragaz and Ultracargo , specialty chemicals through Oxiteno and retail pharmacy with Extrafarma , today announces its results for the third quarter of 2021 . Net revenues EBITDA R $ 32 billion Investments R $ 491 million R $ 1,017 million Net income R $ 374 million Cash flow from operations - 9M21 Market cap R $ 1.9 billion R $ 16 billion Highlights Announcement of the succession plan of the leadership of Ultrapar's Board of Directors . As from January 2022 , Marcos Lutz will assume the position of Chief Executive Officer of Ultrapar , as part of the process to succeed Pedro Wongtschowski as Chairman of the Board of Directors as from April 2023. Also , as from January 2022 , Frederico Curado , current Chief Executive Officer of Ultrapar , will take over as Vice- Chairman , succeeding Lúcio de Castro Andrade Filho , who will retire at the end of 2021 . Election of Leonardo Linden as the new Chief Executive Officer of Ipiranga and of Marcelo Araújo as Chief Corporate Development & Advocacy Officer of Ultrapar Holding ( changes effective from October 2021 ) . Marcos Lutz became a signatory of Ultrapar's August 2020 Shareholders ' Agreement , with a holding of 2.4 % of Ultra S.A. capital stock . Evolution on Ultrapar's portfolio review process , with the announcement of the divestment of Oxiteno and the conclusion of the sale of the equity interest in ConectCar , consistent with the strategy disclosed by the Company . • End of negotiations for the acquisition of REFAP . • Record quarterly results registered at Ultracargo and Oxiteno . Issuance of Agribusiness Receivables Certificate ( tax incentive bonds - CRA ) by Ipiranga in September 2021 , in the total amount of R $ 960 million and cost of 102.75 % of the CDI . Review of the financial guidance for Ultrapar and its businesses for 2021 to reflect expected results for the year . UGPA B3 LISTED NM UGP LISTED IBOVESPA B3 IBRA B3 IBRX100 B3 IVBX B3 MLCXB3 IGC B3 IGCT B3 IGC - NM B3 ITAG B3 ICO2 B3 NYSE FTSE4Good