PUBLIC MEETING

PUBLIC

MEETING

SCHEDULE

The Evolution of Brazilian Agriculture

Aurélio Pavinato

Strategy, Asset Light & ESG

Aurélio Pavinato

Commodities Market

Adriano Lo Turco

Inputs & SLC Seeds

Gustavo Lunardi

2023/24 Crop Year

Ivo Brum

Tecnology & Financial Strength

Aurélio Pavinato

Q&A

All the Speakers

THE EVOLUTION OF BRAZILIAN AGRICULTURE

AURÉLIO PAVINATO

CEO

GRAINS PRODUCTION AND LAND AREA

FORECAST BASED ON THE AVERAGE CAGR OF THE LAST 20 YEARS

Area (Mha) and Production (Mt)

522.5

Land Yield: 71%

(CAGR 3.42%)

322.8

Production

(CAGR 4.9%)

123.2

Total Area

78.6

(CAGR 2.9%)

43.9

54.0

34.6

Area (excl. 2nd crop) (CAGR 2.3%)

104.5 67.8

Source: CONAB

Forecast based on the average annual growth rate (2002/03 to 2022/23).

5

LAND USE IN BRAZIL

Total Area: 850M Ha

9% Total area of agriculture and planted forests.

4%

Cities, roads and other

19%

Native vegetation outside of protected and uncataloged areas

14% Indigenous areas

21% Pasture

Significant potential for increasing planted area through the conversion of pastureland

20%

Legal Reserve on

Private Properties

13% Conservation areas

Source: EMBRAPA, 2017

6

PASTURE AREAS

Source: LAPIG - UFG

7

EXPANSION POTENTIAL

BRAZILIAN SAVANNAH REGION (204 M Ha)

3

Forest Area

24 Perennial

and annual agriculture

60

Pasture

High agricultural ability: 15,5*

Moderate agricultural ability: 3*

0.4

Urban area

4.6

Others

111 Native Vegetation

Source: INPUT, AGROICONE, SLC AGRÍCOLA *Agricultural Ability: Agrosatelite/Moore, 2016, Terraclass Cerrado, 2013.

8

STRATEGY ASSET LIGHT & ESG

AURÉLIO PAVINATO

CEO

OUR STRATEGY IN 3 "PHASES"

SLC HAS SUCCESSFULLY CAPITALIZED ON THE KEY OPPORTUNITIES IN THE

AGRIBUSINESS SECTOR IN BRAZIL OVER THE PAST DECADES

Planted area in thousand hectares

680

580

480

380

280

180

30

"The miracle

1

of Cerrado"

Foundation

up to IPO

Formation of the business model

100% owned land

Gradual land transformation

Land as value reserve

Building a replicable

production model

"The Land Conversion

Arbitrage Window"

2

IPO 2007 up

to 2015

IPO speeds up the pace

Steep growth

Start of leasing strategy

Joint ventures

Certifications

"Distance from

the average".

3 Current

Technology as a "game changer"

Predominantly Asset Light

Growth

Efficiency: distance from the average

Financial strength

ESG stewardship

1977

1985

2000

2001

2002

2003

2004

2005

2006

2007

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2023

Structure of

Governance

ESG

G O V E R N A N C E

Management

System

ESG COMMITTEE

(Administrative Council)

AREA OF

ISO

14001

NBR NBR

Occupational

ISOISO Health and

Safety

45001

45001

ISO

SUSTAINABILITY &

HUMAN RESOURCES

Social

16001

16001

9001 QUALIDADE

Quality

responsability

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Disclaimer

SLC Agrícola SA published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2023 18:39:10 UTC.