Earnings release
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Jaraguá do Sul, Brazil, October 21, 2026 Highlights Net Operating Revenue (NOR) was R$ 10,860.8 million in 3Q26, 5.7% higher than 3Q25 and 7.1% higher than 2Q26. EBITDA(1) reached R$ 2,345.2 million, 3.1% higher than 3Q25 and 6.0% higher than 2Q26, while EBITDA margin was 21.6%, 60 bps lower than 3Q25 and 20 bps lower than the previous quarter. Return on Invested Capital (ROIC) reached 33.2% in 3Q26, up 80 bps from 3Q25 and down 40 bps from 2Q26. Message from Management The r evenue growth and maintenance of healthy operating margins were driven by the good performance of businesses in the external market, sustained by good demand for products and services in the main operating segments, despite the impact of the appreciation of the Brazilian real during the period. In Brazil, we returned to growth compared to the same period of last year, mainly due to the continued deliveries of long-cycle projects, with highlights for transmission & distribution (T&D) and automation systems business. At the same time, we continued to report lower revenue in the solar generation business due to lower demand for distributed solar generation (GD), combined with the lack of new centralized solar generation (GC) projects. In the external market, we posted another quarter of growth, reaching 62.5% of total revenue, the highest level recorded in WEG's history, despite the impact of exchange rate volatility of the Brazilian reais. We continued with a good level of deliveries in the Energy Generation, Transmission and Distribution (GTD) area, mainly in North America, both in the T&D business and in the growing demand for generators. The Industrial Electro -Electronic Equipment (EEI) area also contributed to the growth, showing continued demand for our products and services in the main markets, with highlights for the oil & gas segment and ventilation and refrigeration systems. We remain confident in our model of products and solutions diversification, operational flexibility , and global presence, which allows us to seize the opportunities present in different operating markets. We continue our capacity expansion strategy, with focus on executing the announced projects, which combined with the constant pursuit of operational efficiency, are fundamental to supporting the Company's continuous and sustainable growth. Table 1 – Key Figures 3Q26 2Q26 HA% 3Q25 HA% 09M26 09M25 HA% Return on Invested Capital 33.2% 33.6% -40 bps 32.4% 80 bps 33.2% 32.4% 80 bps Net Operating Revenue 10,860,809 10,143,555 7.1% 10,271,522 5.7% 30,472,677 30,557,320 -0.3% Domestic Market 4,073,420 3,972,553 2.5% 4,002,839 1.8% 11,618,438 12,617,019 -7.9% External Markets 6,787,389 6,171,002 10.0% 6,268,683 8.3% 18,854,239 17,940,301 5.1% External Markets in US$ 1,320,996 1,221,392 8.2% 1,150,789 14.8% 3,664,651 3,182,295 15.2% Net Income 1,665,222 1,558,633 6.8% 1,650,469 0.9% 4,681,042 4,788,457 -2.2% Net Margin 15.3% 15.4% -10 bps 16.1% -80 bps 15.4% 15.7% -30 bps EBITDA 2,345,167 2,212,630 6.0% 2,275,498 3.1% 6,660,599 6,708,031 -0.7% EBITDA Margin 21.6% 21.8% -20 bps 22.2% -60 bps 21.9% 22.0% -10 bps Earnings per Share (EPS) 0.39687 0.37148 6.8% 0.39337 0.9% 1.11564 1.14128 -2.2% The following financial and operating data are presented on a consolidated basis, except when otherwise indicated, in thousands of Brazilian reais (R$) according to accounting practices adopted in Brazil, including Brazilian Corporate Law in convergence with IFRS international norms. Except when otherwise indicated, growth rates and other comparisons are made to the same period of the previous year. Share data is adjusted for split or bonus events. E ARNI NG S REL E AS E 3Q 2 0 26 Return of revenue growth, especially in the external market, and healthy operating margins
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ir.weg.net Earnings Release 3Q 2026 2 Net Operating Revenue Net Operating Revenue was 5.7% higher compared to 3Q25, growth 1.8% in the domestic market and 8.3% in the external market. Adjusted for the consolidation effects of the acquired businesses from Tupinambá Energia and Sanelec, revenue for the quarter would have increased 5.6% over 3Q25. The evolution of revenue proportion between markets is shown in Figure 1. Figure 1 – Net Operating Revenue by Market (figures in R$ million) Net operating revenue from the external market, measured in quarterly averaged US dollars (US$), increased by 14.8% compared to 3Q25 and increased by 8.2% compared to 2Q26. The distribution of net revenue by geographic market is shown in Table 2. Table 2 – Net operating revenue from the external market by geographic region (in US$) HA% HA% (A) VA% (B) VA% (C) VA% (A)/(B) (A)/(C) External Markets in US$ 1,320,996 100.0% 1,221,392 100.0% 1,150,789 100.0% 8.2% 14.8% North America 722,797 54.7% 613,767 50.3% 551,343 47.9% 17.8% 31.1% South and Central America 97,202 7.4% 91,135 7.5% 113,019 9.8% 6.7% -14.0% Europe 275,994 20.9% 294,773 24.1% 288,975 25.1% -6.4% -4.5% Africa 70,084 5.3% 72,242 5.9% 67,897 5.9% -3.0% 3.2% Asia-Pacific 154,919 11.7% 149,475 12.2% 129,555 11.3% 3.6% 19.6% 3Q26 2Q26 3Q25 Net operating revenue from the external market was negatively impacted by the average US dollar exchange rate that moved from R$ 5.45 in 3Q25 to R$ 5.14 in 3Q26, a 5.7% depreciation over the Brazilian real. It is important to consider that sales prices in different markets are set in local currency and according to their competitive conditions. Measured in local currencies , weighted by revenues in each market and adjusted for the consolidation effects of acquired businesses, net operating revenue from the external market increased by 13.4%(2) compared to 3Q25. 44.0% 40.9% 39.0% 37.9% 37.7% 39.2% 37.5% 56.0% 59.1% 61.0% 62.1% 62.3% 60.8% 62.5% 10,078.6 10,207.2 10,271.5 10,246.8 9,468.3 10,143.6 10,860.8 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Brazilian Market External Market
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ir.weg.net Earnings Release 3Q 2026 3 Performance by Business Area Industrial Electro-Electronic Equipment (EEI) NOR Domestic Market External Market 3Q26 1,636,383 3,745,415 2Q26 1,672,196 3,538,729 Δ% -2.1% 5.8% 3Q25 1,593,553 3,703,030 Δ% 2.7% 1.1% Share in NOR Domestic Market ▪ Softer demand for short -cycle goods, reflecting lower industrial activity observed across different segments of operation, with the postponement of larger-scale investments and an increased focus on maintenance. ▪ Long-cycle goods, particularly automation panels, recorded strong delivery volume, reflecting the order backlog accumulated in recent quarters, especially in the pulp & paper segment. External Market ▪ Demand remained good for short -cycle goods, such as low -voltage electric motors and serial automation products, despite the negative impact of the devaluation of the US dollar during the period. Highlights for the oil & gas, mining, and data center cooling systems segments. ▪ Positive contribution from long -cycle goods, such as high -voltage motors and automation panels, in addition to a good order intake, supporting a healthy order backlog for the coming quarters. Energy Generation, Transmission, and Distribution (GTD) NOR Domestic Market External Market 3Q26 1,696,460 2,494,718 2Q26 1,599,007 2,131,702 Δ% 6.1% 17.0% 3Q25 1,671,958 2,010,944 Δ% 1.5% 24.1% Share in NOR Domestic Market ▪ The T&D business posted another positive quarter, driven by transformer deliveries to transmission auction projects and for distribution networks. Operations at the expanded Betim / MG plant began this quarter , increasing production capacity for large transformers. ▪ In the generation businesses, despite the solar GC comparison basis normalization, revenue was still negatively impacted by the demand accommodation in the solar DG business, when compared to the same period of the previous year. External Market ▪ Opportunities in the T&D market in North America continue to contribute to the growth of the business, especially in transformers for the electrical grid infrastructure in the US, along with good demand in most operating markets. ▪ The generation businesses continue to demonstrate positive momentum, highlighted by the strong performance of Marathon's generator business in the US, which primarily provides backup power for data centers, as well as the positive contribution from the operation in Europe. 49.6% 38.6%
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ir.weg.net Earnings Release 3Q 2026 4 Performance by Business Area Commercial and Appliance Motors (MCA) NOR Domestic Market External Market 3Q26 357,381 471,340 2Q26 345,278 432,617 Δ% 3.5% 9.0% 3Q25 383,657 468,405 Δ% -6.8% 0.6% Share in NOR Domestic Market ▪ In Brazil, even with positive demand in the washing machine segment, demand volatility in some important segments, especially air conditioning motors, impacted growth in the quarter. External Market ▪ Good performance of operations in North America and continued growth compared to 2Q26, despite revenue growth compared to the previous year being impacted by currency fluctuations during the period. Paints and Varnishes (T&V) NOR Domestic Market External Market 3Q26 383,196 75,916 2Q26 356,072 67,954 Δ% 7.6% 11.7% 3Q25 353,671 86,304 Δ% 8.3% -12.0% Share in NOR Domestic Market ▪ Demand remained strong, with highlights for the good sales volume of liquid paints for the oil & gas segment. External Market ▪ Decrease in revenue in the external market, compared to the same period of the previous year, with accommodation in demand in relevant segments such as oil & gas, in addition to the impact of currency fluctuations during the period. 7.6% 4.2%
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ir.weg.net Earnings Release 3Q 2026 5 Cost of Goods Sold The Cost of Goods Sold (COGS) and gross margin for the quarter are shown in Table 3. Table 3 – Costs 3Q26 2Q26 HA% 3Q25 HA% Net Operating Revenues 10,860,809 10,143,555 7.1% 10,271,522 5.7% Cost of Goods Sold (7,290,316) (6,770,980) 7.7% (6,822,974) 6.8% Gross Margin 32.9% 33.2% -30 bps 33.6% -70 bps The gross margin movement is mainly explained by the cost increase i n important raw materials, especially copper, in addition to the variation and increase in import tariffs to the US. Labor expenses remain at a higher level, justified by the ongoing expansion of production capacity since the beginning of this year. Despite the movements observed, efforts to reduce costs and continuously improve processes, promoting structural productivity gains, continue to be a constant focus of the Company. Figure 2 – COGS Composition Sales, General, and Administrative Expenses Consolidated Sales, General and Administrative (SG&A) expenses totaled R$ 1,2 74.0 million in 3Q26, an increase of 7.0% vs. 3Q25 and 0.7% vs. 2Q26. When analyzed relative to net operating revenue, it represented 11.7%, down 10 bps from 3Q25 and down 80 bps from 2Q26. EBITDA and EBITDA Margin The composition of the EBITDA calculation, according to Resolution CVM 156/2022, and the EBITDA margin are shown in Table 4 . The EBITDA margin remains healthy, due to the current mix of products sold, despite the slight accommodation when compared to the same period of the previous year, mainly impacted by the afore mentioned movements in costs. Table 4 – Calculation of EBITDA and EBITDA Margin 3Q26 2Q26 HA% 3Q25 HA% Net Operating Revenues 10,860,809 10,143,555 7.1% 10,271,522 5.7% Net Income 1,665,222 1,558,633 6.8% 1,650,469 0.9% Net income before non-controlling shareholders 1,762,671 1,646,544 7.1% 1,744,754 1.0% (+) Income Taxes & Contributions 341,406 335,648 1.7% 325,560 4.9% (+/-) Financial Income (Expenses) (21,552) (25,549) -15.6% (33,469) -35.6% (+) Depreciation & Amortization 262,642 255,988 2.6% 238,653 10.1% EBITDA 2,345,167 2,212,631 6.0% 2,275,498 3.1% EBITDA Margin 21.6% 21.8% -20 bps 22.2% -60 bps 19.2% 2.9% 9.5% 68.4% 3Q25 Labor Depreciation Other Costs Materials 20.3% 3.1% 9.8% 66.8% 3Q26
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ir.weg.net Earnings Release 3Q 2026 6 Net Income Net Income in 3Q26 was R$ 1,665.2 million, a n increase of 0.9% compared to 3Q25 and a n increase of 6.8% compared to 2Q26. The net margin reached 15.3%, 80 bps lower than 3Q25 and 10 bps lower than 2Q26. Cash Flow Cash generation from operating activities was R$ 3,872.6 million as of September 2026, driven by continued strong operating margins and good operational working capital indicators during the period. Investment activities, which include changes in fixed and intangible assets, acquisitions and financial investments, totaled R$ 2,049.7 million. The level of CAPEX (3) in modernization and expansion of production capacity continued through the investments in factories in Brazil, Mexico, Colombia, the US and China. In financing activities, the Company raised R$ 4,209.6 million and made amortizations of R$ 4,876.4 million, resulting in a net amortization of R$ 666.8 million. Payments to equity holders (dividends and interest on capital) totaled R$ 1,745,3 million The result was a consumption of R$ 2,408.5 million in financing activities in the period. Figure 3 – Cash flow reconciliation (figures in R$ million) Note that the chart in Figure 3 shows the cash and cash equivalents position classified as current assets. Furthermore, the Company has R$ 891.9 million in financial investments with no immediate liquidity, including derivative financial instruments (R$ 1,022.8 million in December 2025). Return on Invested Capital The ROIC for 3Q26, accumulated over the last 12 months, reached 33.2%, up 80 bps from 3Q25 and down 40 bps from 2Q26. The good level of Net Operating Profit after Taxes (NOPAT), more than offset the current levels of capital employed, primarily driven by investments in fixed and intangible assets made over the last 12 months . Caixa dezembro 2025 Operacional Investimentos Financiamento Variação Cambial Caixa setembro 2026 6,296.5 3,872.6 (2,049.7) (2,408.5) (226.8) 5,484.0
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ir.weg.net Earnings Release 3Q 2026 7 Investments (CAPEX) In 3Q26, investments of R$ 905.4 million in the modernization and expansion of production capacity, machinery and equipment and software licenses, 39.8% of which went to production units in Brazil and 60.2% to industrial plants and other facilities abroad. In Brazil, investments continued in the expansion of T&D production capacity, the production capacity increase for large equipment in Jaraguá do Sul and Guaramirim, and vertical integration investments in Linhares. Outside Brazil, progress was made at transformer factories in Mexico, Colombia and the US, as well as in expanding production capacity for high-voltage motors in China. Figure 4 – CAPEX Evolution (figures in R$ million) Research, Development, and Innovation Expenditures on research, development and innovation activities totaled R$ 1,131.4 million, representing 3.7% of accumulated net operating revenue in 2026. Debt and Cash Position Cash, cash equivalents, invested in first-tier banks and denominated in Brazilian currency, and financial investments and derivatives are presented in Table 5. Likewise, the Company presents the total gross financial debt, with details between short and long-term, in Brazilian reais and other currencies, resulting in the Company’s net cash at the end of the quarter. Table 5 – Cash and Debt Cash & Cash Equivalents 6,351,202 7,294,128 7,349,060 Current 6,339,447 7,279,865 7,335,311 Long Term 11,755 14,263 13,749 Derivatives (56,755) (51,296) (56,744) Short Term Assets 24,653 25,146 31,846 Long Term Assets 33 0 716 Short Term Liabilities (22,200) (75,075) (88,103) Long Term Liabilities (59,241) (1,367) (1,203) Debt (3,754,445) 100% (4,590,822) 100% (3,850,855) 100% Current (1,917,755) 51% (3,549,314) 77% (2,861,803) 74% In Brazilian reais (605,395) (1,472,221) (803,127) In other currencies (1,312,360) (2,077,093) (2,058,676) Long Term (1,836,690) 49% (1,041,508) 23% (989,052) 26% In Brazilian reais (478,466) (394,588) (364,912) In other currencies (1,358,224) (646,920) (624,140) Net Cash 2,540,002 2,652,010 3,441,461 September 2026 December 2025 September 2025 The total duration of our indebtedness was 19.9 months in September 2026 (13.0 months in December 2025). 349.9 370.0 351.2 405.3 314.8 353.5 359.9 271.3 213.4 321.4 409.0 307.4 441.4 545.5 621.2 583.4 672.6 814.3 622.2 794.9 905.4 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Brazil Outside Brazil
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ir.weg.net Earnings Release 3Q 2026 8 Dividends and Interest on Stockholders’ Equity The Board of Directors approved ad referendum of the Annual General Meeting (AGM) , the events presented in Table 6 as remuneration to shareholders: Table 6 – Dividends (in R$) Event Approval Date Payment Date Total Amount Amount per Share Interest on Stockholders’ Equity Mar 17, 2026 Mar 10, 2027 420,091,554.01 0.100121212 Interest on Stockholders’ Equity Jun 16, 2026 Mar 10, 2027 438,146,335.04 0.104424242 Interest on Stockholders’ Equity Sep 15, 2026 Mar 10, 2027 449,843,800.53 0.107212121 Additionally, on December 19, 2025, the Extraordinary General Meeting approved the establishment and payment of dividends calculated on the balance of Profit Reserves, in the amount of R$ 5,196.3 million, recorded in the Equity of the Interim Financial Statements, disclosed and audited as of September 30, 2025. These dividends will be paid in three annual installments, in August 2026, 2027, and 2028, in accordance with the Shareholders’ Notice disclosed on December 19, 2025. The first installment, totaling R$ 1,732,116,188.37, equivalent to R$ 0.412831673 per share, was paid on August 12, 2026, to the shareholders of record on December 19, 2025. Results Conference Call On October 22, 2026 (Thursday), WEG will hold a teleconference in Portuguese, with simultaneous translation into English, also available on the internet webcast, at the following times: ▪ 11:00 a.m. – São Paulo (BRT) ▪ 10:00 a.m. – New York (EDT) ▪ 3:00 p.m. – London (BST) Access Link: click here The presentation will also be available on our Investor Relations website (ir.weg.net). Forward-Looking Statements The statements contained in this report relating to WEG’s business prospects, projections, results and growth potential constitute mere forecasts and are based on management’s expectations regarding WEG’s future. These expectations are highly dependent on changes in the market, the country’s overall economic performance, industry performance and international markets, and are subject to change.
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ir.weg.net Earnings Release 3Q 2026 9 FINANCI AL STAT E ME NT S 3Q 2 0 26 A n n e xes
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ir.weg.net Earnings Release 3Q 2026 10 Annex I – Consolidated Income Statement – Quarterly Annex II – Consolidated Income Statement – Accumulated 09M26 09M25 HA% (A) VA% (B) VA% (A)/(B) Net Operating Revenues 30,472,677 100.0% 30,557,320 100.0% -0.3% Cost of Goods Sold (20,533,793) -67.4% (20,357,171) -66.6% 0.9% Gross Profit 9,938,884 32.6% 10,200,149 33.4% -2.6% Sales Expenses (2,501,797) -8.2% (2,492,919) -8.2% 0.4% Administrative Expenses (1,226,042) -4.0% (1,120,828) -3.7% 9.4% Financial Revenues 1,359,481 4.5% 1,969,055 6.4% -31.0% Financial Expenses (1,272,110) -4.2% (1,887,992) -6.2% -32.6% Other Operating Income 381,991 1.3% 196,705 0.6% 94.2% Other Operating Expenses (693,962) -2.3% (773,800) -2.5% -10.3% Equity accounting (11,154) 0.0% (7,133) 0.0% 56.4% Earnings Before Taxes 5,975,291 19.6% 6,083,237 19.9% -1.8% Income Taxes & Contributions (1,032,260) -3.4% (989,959) -3.2% 4.3% Deferred Taxes 45,885 0.2% (18,682) -0.1% n.a. Minorities (307,874) -1.0% (286,139) -0.9% 7.6% Net Earnings 4,681,042 15.4% 4,788,457 15.7% -2.2% EBITDA 6,660,599 21.9% 6,708,031 22.0% -0.7% Earnings per Share (EPS) 1.11564 1.14128 -2.2% 3Q26 2Q26 3Q25 HA% HA% (A) VA% (B) VA% (C) VA% (A)/(B) (A)/(C) Net Operating Revenues 10,860,809 100.0% 10,143,555 100.0% 10,271,522 100.0% 7.1% 5.7% Cost of Goods Sold (7,290,316) -67.1% (6,770,980) -66.8% (6,822,974) -66.4% 7.7% 6.8% Gross Profit 3,570,493 32.9% 3,372,575 33.2% 3,448,548 33.6% 5.9% 3.5% Sales Expenses (855,492) -7.9% (844,778) -8.3% (818,299) -8.0% 1.3% 4.5% Administrative Expenses (418,511) -3.9% (420,024) -4.1% (372,688) -3.6% -0.4% 12.3% Financial Revenues 317,682 2.9% 580,079 5.7% 915,789 8.9% -45.2% -65.3% Financial Expenses (296,130) -2.7% (554,530) -5.5% (882,321) -8.6% -46.6% -66.4% Other Operating Income 38,252 0.4% 139,529 1.4% 43,039 0.4% -72.6% -11.1% Other Operating Expenses (243,447) -2.2% (288,355) -2.8% (260,145) -2.5% -15.6% -6.4% Earnings Before Taxes 2,104,077 19.4% 1,982,192 19.5% 2,070,313 20.2% 6.1% 1.6% Income Taxes & Contributions (363,348) -3.3% (358,207) -3.5% (322,380) -3.1% 1.4% 12.7% Deferred Taxes 21,942 0.2% 22,559 0.2% (3,179) 0.0% -2.7% n.a. Minorities (97,449) -0.9% (87,911) -0.9% (94,285) -0.9% 10.8% 3.4% Net Earnings 1,665,222 15.3% 1,558,633 15.4% 1,650,469 16.1% 6.8% 0.9% EBITDA 2,345,167 21.6% 2,212,630 21.8% 2,275,498 22.20% 6.0% 3.1% Earnings per Share (EPS) 0.39687 0.37148 0.39337 6.8% 0.9%
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ir.weg.net Earnings Release 3Q 2026 11 Annex III Consolidated Balance Sheet HA% HA% (A) VA% (B) VA% (C) VA% (A)/(B) (A)/(C) Current Assets 28,416,086 62% 26,910,845 63% 26,776,141 65% 6% 6% Cash & cash equivalents 6,339,447 14% 7,279,865 17% 7,335,311 18% -13% -14% Receivables 8,567,522 19% 7,837,018 18% 7,306,408 18% 9% 17% Inventories 11,144,928 24% 9,911,053 23% 9,991,563 24% 12% 12% Other current assets 2,364,189 5% 1,882,909 4% 2,142,859 5% 26% 10% Noncurrent assets 17,219,360 38% 15,734,185 37% 14,718,334 35% 9% 17% Long Term Assets 1,643,044 4% 1,370,368 3% 1,371,996 3% 20% 20% Long term securities 11,755 0% 14,263 0% 13,749 0% -18% -15% Deferred taxes 1,039,096 2% 981,841 2% 1,004,585 2% 6% 3% Other non-current assets 592,193 1% 374,264 1% 353,662 1% 58% 67% Investment in Subs 54,917 0% 67,026 0% 58,911 0% -18% -7% Property, Plant & Equipment 12,770,393 28% 11,511,802 27% 10,548,232 25% 11% 21% Right of use 835,444 2% 886,315 2% 789,624 2% -6% 6% Intangibles 2,751,006 6% 2,784,989 7% 2,739,195 7% -1% 0% Total Assets 45,635,446 100% 42,645,030 100% 41,494,475 100% 7% 10% Current Liabilities 18,464,313 40% 17,386,401 41% 15,054,797 36% 6% 23% Social and Labor Liabilities 1,172,654 3% 820,283 2% 1,085,855 3% 43% 8% Suppliers 3,316,069 7% 2,789,346 7% 2,757,374 7% 19% 20% Fiscal and Tax Liabilities 746,390 2% 671,111 2% 911,392 2% 11% -18% Short Term Debt 1,920,968 4% 3,549,314 8% 2,861,803 7% -46% -33% Dividends Payable 2,833,763 6% 1,759,319 4% 417,235 1% 61% n.m. Advances from Clients 5,619,335 12% 4,693,390 11% 4,170,193 10% 20% 35% Profit Sharing 383,873 1% 621,573 1% 407,548 1% -38% -6% Derivatives 22,200 0% 75,075 0% 88,103 0% -70% -75% Leasing 193,101 0% 221,934 1% 175,147 0% -13% 10% Other Short Term Liabilities 2,255,960 5% 2,185,056 5% 2,180,147 5% 3% 3% Long Term Liabilities 5,803,990 13% 6,705,265 16% 3,023,109 7% -13% 92% Long Term Debt 1,833,477 4% 1,041,508 2% 989,052 2% 76% 85% Other Long Term Liabilities 2,304,466 5% 4,005,379 9% 505,162 1% -42% 356% Leasing 598,991 1% 625,219 1% 591,107 1% -4% 1% Deferred Taxes 233,009 1% 220,971 1% 157,245 0% 5% 48% Contingencies Provisions 834,047 2% 812,188 2% 780,543 2% 3% 7% Equity 21,367,143 47% 18,553,364 44% 23,416,569 56% 15% -9% Owners of the Company 19,956,834 44% 17,417,185 41% 22,408,769 54% 15% -11% Noncontrolling interests 1,410,309 3% 1,136,179 3% 1,007,800 2% 24% 40% Total Liabilities 45,635,446 100% 42,645,030 100% 41,494,475 100% 7% 10% September 2026 December 2025 September 2025
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ir.weg.net Earnings Release 3Q 2026 12 Annex IV – Consolidated Cash Flow Statement 9 Months 9 Months 2026 2025 Operating Activities Net Earnings before Taxes 5,975,291 6,083,237 Depreciation and Amortization 772,679 705,858 Equity accounting 11,154 7,133 Provisions 693,318 930,626 Changes in Assets & Liabilities (3,579,825) (3,488,523) (Increase)/decrease in clients (1,048,629) (381,087) Increase/(decrease) in suppliers 611,066 (890,340) (Increase)/decrease in inventories (1,645,293) (677,444) (Increase)/decrease in taxes recoverable 25,817 (207,508) Increase/(decrease) in social/tax obligations 48,152 211,430 Increase/(decrease) in advances from clients 1,082,073 390,342 Increase/(decrease) in other accounts receivable/payable (726,474) (83,795) Income Tax and Social Contribution on Net Earnings (1,061,702) (1,021,846) Profit Sharing Paid (651,852) (697,945) Dividends & Intesrest on Stockholders Equity Paid (212,983) (130,330) Cash Flow from Operating Activities 3,872,617 4,238,331 Investment Activities Fixed Assets (2,207,771) (1,735,890) Intagible Assets (56,320) (141,336) Results of sales of fixed assets 9,498 28,270 Aquisition of Subsidiaries (26,149) (135,436) Financial investments held to maturity (33,715) (63,856) Rescue of financial investments 264,747 5,107 Cash Flow From Investment Activities (2,049,710) (2,043,141) Financing Activities Working Capital Financing 4,209,578 4,859,578 Interest paid on loans and financing (4,876,385) (4,461,272) Treasury Shares 3,592 4,261 Dividends/interest on equity paid (1,745,318) (3,161,902) Cash Flow From Financing Activities (2,408,533) (2,759,335) Changes in Cash and Equivalents caused by FX Changes (226,856) (366,867) Change in Cash Position (812,482) (931,012) Cash & Cash Equivalents: Beginning of Period 6,296,498 7,347,599 End of Period 5,484,016 6,416,587 For more information, visit our results center: https://ri.weg.net/en/financial-information/results-center Notes: (1) Earnings before Interest, Taxes, Depreciation, and Amortization. (2) Variations in countries with hyperinflation and acquisitions in the period are not considered. (3) Capital Expenditure. n.a. stands for not applicable. n.m. stands for not mentioned. bps stands for basis points.