Business description: Raízen S.A.

Raizen SA, formerly known as Raizen Combustiveis SA, is a Brazil based company involved in the energy sector. The Company’s activities are divided into four business lines: Renewables, Marketing and Services, Proximity and Sugar. The Renewables division is engaged in the production of ethanol, second generation ethanol, bioelectricity, biogas and bioproducts. The Marketing and Services division is focused on the distribution and sale of fuels to Shell gas stations, airports and other Business-to-Business (B2B) customers. The Proximity division is involved in the operation of convenience stores under OXXO and Shell Select brand names. The Sugar division consists of the production of sugar, such as crystalline, liquid, refined, organic and Very High Polarization (VHP), among others. The Company operates in Brazil and Argentina.

Number of employees: 40,000

Sales by Activity: Raízen S.A.

Fiscal Period: March 2022 (BRL) 2023 (BRL) 2024 (BRL) 2025 (BRL) 2026 (BRL)

Fuel distribution - Brazil

145B 169B 148B 166B 160B

Fuel distribution - Argentina

- - - - 23.88B

Fuel distribution - Argentina and Paraguay

19.05B 33.84B 24.28B 28.13B -

Ethanol, Sugar and Bioenergy (ESB)

- - - 65.09B 50.47B

Sugar

16.27B 29.2B 30.87B - -

Other

- - 3.87M 5.02M 55.19M

Eliminations

-11.17B -14.86B -4.07B -3.89B -8.18B

Renewable

22.29B 28.73B 21.07B - -

Geographical breakdown of sales: Raízen S.A.

Fiscal Period: March 2022 (BRL) 2023 (BRL) 2024 (BRL) 2025 (BRL) 2026 (BRL)

Brazil

154B 176B 154B 169B 172B

Argentina

17.67B 24.25B 23.66B 28.31B 23.95B

Europe

8.23B 11.8B 6.12B 14.91B 14.55B

Asia

5.64B 21.02B 17.72B 19.19B 11.29B

North America

8.83B 12.25B 12.71B 15.88B 7.62B

Paraguay

973M 2.84B 3.34B 6.46B 2.88B

Latin America, except for Brazil, Argentina and Paraguay

3.63B 9.67B 3.92B 1.89B 755M

Others

2.99B 2.59B 3.02B 3.09B 655M

Eliminations

-11.17B -14.86B -4.07B -3.89B -8.18B

Executive Committee: Raízen S.A.

Manager TitleAgeSince
Chief Executive Officer 55 2024-10-20
Director of Finance/CFO 55 2025-11-13
Chief Investment Officer - 2021-06-30
Investor Relations Contact - -
Human Resources Officer 62 2023-01-31

Composition of the Board of Directors: Raízen S.A.

Director TitleAgeSince
Chairman 76 2011-05-31
Director/Board Member 58 2011-05-31
Director/Board Member - 2025-11-23
Director/Board Member 59 2021-07-27
Director/Board Member - 2025-03-24
Director/Board Member - 2025-11-23
Director/Board Member - 2026-01-29
Director/Board Member 68 2026-03-29

Shareholders: Raízen S.A.

NameStocks%Valuation
Baillie Gifford & Co.
4.928 %
66,962,600 4.928 % 5 M R$
TIAA-CREF Investment Management LLC
4.829 %
65,623,425 4.829 % 5 M R$
4.475 %
60,810,825 4.475 % 4 M R$
4.475 %
60,810,825 4.475 % 4 M R$
Wellington Management Co. LLP
4.396 %
59,744,500 4.396 % 4 M R$
NameStocks%Valuation
50 %
4,496,786,292 50 % 330 M R$
50 %
4,496,786,292 50 % 330 M R$

Holdings: Raízen S.A.

NameStocks%Valuation
18,263,6741.34% 1 M $

Company details: Raízen S.A.

Raízen SA (Brazil)

Avenida Afonso Arinos de Melo Franco

22631-455, Rio de Janeiro

+55 80 0728 1616

http://www.raizen.com.br
address Raízen S.A.(RAIZ4)

Group companies: Raízen S.A.

NameCategory and Sector
Agricultural Commodities/Milling
Alternative Power Generation

Other Oil & Gas Refining and Marketing

Change 5-day change 1-year change 3-year change Capi.($)
-23.68%-17.14%-80.92%-93.14% 588M
+0.97%+6.11%+31.97%+45.35% 605B
+2.36%+1.48%-10.11%-5.09% 182B
+1.35%+7.14%+30.17%+14.30% 106B
+2.21%+10.17%+79.48%+164.62% 89.29B
+3.13%+10.32%+114.04%+172.32% 89.16B
+0.47%+4.93%-0.93%-8.78% 84.34B
+2.75%+9.82%+65.25%+108.87% 80.72B
+2.63%+4.43%+62.97%+131.01% 71.73B
+2.10%+0.66%+52.61%+167.45% 57.99B
Average -0.63%+2.50%+34.45%+69.69% 136.71B
Weighted average by Cap. +1.34%+5.43%+37.07%+62.32%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
0.2900BRL
Average target price
0.7929BRL
Spread / Average Target
+173.40%

Quarterly revenue - Rate of surprise