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Jaraguá do Sul , Brazil , July 28 , 2021 EARNINGS RELEASE 2Q 2021 Improved global economic activity supporting revenue and ROIC growth Highlights Net Operating Revenue ( NOR ) was R $ 5,748.2 million in 2Q21 , 41.4 % higher than 2Q20 , and 13.2 % higher than 1Q21 ; LAO EBITDA ) reached R $ 1,392.7 million , 90.2 % higher than 2Q20 and 37.0 % higher than 1Q21 , while EBITDA margin was 24.2 % , 6.2 p.p. higher than 2Q20 , and 4.2 p.p. higher than the previous quarter ; Return on Invested Capital ( ROIC ) reached 32.2 % in 2Q21 , up 10.6 p.p. from 2Q20 and up 4.0 p.p. from 1Q21 . Message from the Management We report another quarter of good performance in our businesses , marked by continued good demand in the domestic market and by accelerated industrial activity in the main countries where we operate in the external market . In Brazil , we observed solid demand after the consistent recovery in recent quarters . We highlight the short - cycle businesses growth in areas such as Commercial and Appliance Motors , Industrial Electro - Electronic Equipment , and in particular , the distributed solar generation ( GD ) business . The maintenance of the long - cycle business , mainly in the GTD area , also made an essential contribution to this result , especially the return of wind generation projects revenue . In the external market , the recovery of global industrial activity confirmed the signs of improvement reported in the last quarter . We posted significant growth in revenue in the main markets in which we operate , especially in mining , oil & gas , and water & wastewater segments . In addition to the Industrial Electro - Electronic Equipment businesses , we also highlight the good performance of the Commercial and Appliance Motors and Power Transmission and Distribution ( T & D ) areas , with sales growth and increased share in important markets . wed It is worth noting that in this quarter , we recorded tax credits referring to the exclusion of ICMS from the PIS and COFINS calculation basis , according to the material fact disclosed on June 22 , 2021. The EBITDA and net income were positively impacted by R $ 300.4 million and R $ 282.8 million , respectively . We remain confident in our strategy to overcome this challenging period , working to protect and promote the health and safety of all employees and minimize , as much as possible , impacts on our operations . Table 1 - Main Highlights Return on Invested Capital Net Operating Revenue Domestic Market External Markets External Markets in US $ Net Income Net Margin EBITDA EBITDA Margin Earnings per Share ( EPS ) 2Q21 32.2 % 5,748,206 2,577,971 3,170,235 600,806 1,134,709 19.7 % 1,392,718 24.2 % 0.27045 1 Q21 % 28.2 % 4.0 pp 5,076,879 13.2 % 2,343 , 108 10.0 % 2,733,771 16.0 % 498 , 120 20.6 % 764,258 48.5 % 15.1 % 4.6 pp 1,016,852 37.0 % 20.0 % 4.2 pp 0.18211 48.5 % 2Q20 % 21.6 % 10.6 pp 06M21 32.2 % 4,063,943 41.4 % 10,825,085 1,604,279 60.7 % 4,921,079 2,459,664 28.9 % 5,904,006 457,014 31.5 % 1,098,926 514,375 120.6 % 1,898,967 12.7 % 7.0 pp 17.5 % 732,222 90.2 % 2,409,570 18.0 % 6.2 pp 22.3 % 0.12261 120.6 % 0.45256 IBRX100 B3 MLCX B3 06M20 % 21.6 % 10.6 pp 7,778,379 39.2 % 3,296,679 49.3 % 4,481,700 31.7 % 908,773 20.9 % 954,398 99.0 % 12.3 % 5.2 pp 1,351,336 78.3 % 17.4 % 4.9 pp 0.22749 98.9 % The following financial and operating data are presented on a consolidated basis , except when otherwise indicated , in thousands of Brazilian Reais ( R $ ) according to accounting practices adopted in Brazil , including Brazilian Corporate Law in convergence with IFRS international norms . Except when otherwise indicated , growth rates and other comparisons are made to the same period of the previous year . Earnings per Share data is adjusted for split or bonus events . WEGE IBOVESPA B3 INDX B3 IGC B3 IBRA B3 IGCT B3 IBRX50 B3 ISE B3 ITAG B3 B3 LISTED NM IGC - NM B3 MSCI ESG Leaders Indexes Constituent ICO2 B3 2020