CTC Centro de Tecnologia Canavieira : Comunicado ao Mercado

BTG Pactual Brasil CEO Conference 2021 May 2021

Disclaimer

The content of this material belongs to Centro de Tecnologia Canavieira S/A, and may not be reproduced or disseminated, in whole or in part, without our prior express written agreement. The statements contained herein comprise forecasts and estimates ("forward-looking statements", as laid down by Section 27A of the United States Securities Act of 1933, and all subsequent amendments). Thus, such statements merely reflect management's expectations regarding the Company's future business performance, based on current circumstances and information available on this date, without any guarantee that these results will actually occur, or any obligation to update or revise it. Although being based on reasonable assumptions, the estimates contained herein are subject to a number of risks and uncertainties, including, among other things: (1) general economic, political, demographic and market conditions, which may have an impact on the industry and on the countries where we operate; (2) inflation, depreciation, and local currency devaluation; (3) changes on the competitive environment (including, but not limited to, the sugar-ethanol industry); (4) our ability to implement our capital expenditure plan, including our capacity to raise financing, whenever necessary and on reasonable terms; (5) our competitive skills and ability to carry out our business in the future; (6) change in consumer demand; (7) change in our business; (8) government interventions, deriving from changes in both the economy and the legislation (regulatory, tax, among others), which may have an impact on our businesses; and (9) other factors that may affect our financial situation, liquidity and operating results.

The Company's financial information contained herein was prepared in compliance with the standards laid down by the Brazilian Securities Commission (CVM), along with the standards set out by the Brazilian Accounting Standards Committee (CPC), and is also in accordance with the standards laid down by the International Accounting Standards Board (IASB), as well as in agreement with the accounting practices adopted in Brazil.

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SECTION 1

Our Mission: Develop Cutting Edge

Biotechnology Solutions to Reignite Brazil's Sugar & Ethanol Sector

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Sugar & Ethanol is a ~US$ 20Bn Industry in Brazil

+US$ 20Bn

S&E Industry

Turnover (2)

+10MM	+600MM
ha planted (2)	tons crushed /
#1	year (2)

in production worldwide (2)

Source: CTC, Unica, Conab

Notes

1. Average of past 5 years, as per UDOP, FAO, ESALQ
2. As of 19/20

~ 30-40%	~ 40-50%	347
OF SUGARCANE WORLDWIDE	OF TOTAL GLOBAL SUGAR	MILLS ORGANIZED IN
PRODUCTION (1)	EXPORTS(1)	+100 ECONOMIC GROUPS(2)

+36Bn	17%	800K
LITERS OF ETHANOL	SUGARCANE IN THE	DIRECT JOBS(2)
PRODUCED(2)	BRAZILIAN ENERGY
	MATRIX(2)

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Sugarcane Productivity Has Remained Stagnant For Decades

Advances in Breeding Partially Offset by Losses from Expansion and Mechanization

Sugarcane Has Lagged Other Competing Crops	Sugarcane Productivity Evolution in Brazil

Indexed TCH t/ha productivity (base=100%)
										+ 103%
										+ 90%	+40%		+11%
												-29%
									-10%
									SINCE 2008
										+ 11%
1980	1984	1988	1992	1996	2000	2004	2008	2012	2017	Productivity	Breeding	New Geographies,	Productivity
										1980		Mechanization and	2017
												Other Variables

Beet (EU)		Corn (USA)		Sugarcane (Brazil)

Source: FAO / IBGE

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