Financial Statements: ITR/DFP 2Q23

Rumo S.A.

Interim financial statements June 30, 2023

Rumo S.A.

Interim financial statements

June 30, 2023

Contents

Independent auditor's review report on quarterly information	3
Statements of financial position	5
Statements of profit or loss	7
Statements of comprehensive income	9
Statements of changes in equity	10
Statements of cash flows	12
Statements of value added	14
Notes to interim financial statements	15

São Paulo Corporate Towers

Av. Presidente Juscelino Kubitschek, 1909 Torre Norte - 7º Andar - Itaim Bibi

04543-011 - São Paulo - SP - Brasil

Tel: [phone] ey.com.br

Independent auditor's review report on quarterly information

To

Shareholders, Board of Directors, and Management of

Rumo S.A.

Curitiba - PR

Introduction

We have reviewed the accompanying individual and consolidated interim financial statement, contained in the Quarterly Information Form (ITR) of Rumo S.A. ("Company") for the quarter ended June 30, 2022, comprising the statement of financial position as of June 30, 2023 and the related statement of profit or loss and of comprehensive income (loss), for the three and six month periods then ended and statements of changes in equity and of cash flows for the six month period then ended, including the explanatory notes.

Management is responsible for preparation of the individual and consolidated interim financial information in accordance with Accounting Pronouncement NBC TG 21 - Demonstrações Intermediárias, and IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board (IASB), as well as for the fair presentation of this information in conformity with the rules issued by the Brazilian Securities and Exchange Commission (CVM) applicable to the preparation of the Quarterly Information Form (ITR). Our responsibility is to express a conclusion on this interim financial information based on our review.

Scope of review

We conducted our review in accordance with Brazilian and international standards on review engagements (NBC TR 2410 - Revisão de Informações Intermediárias Executada pelo Auditor da Entidade and ISRE 2410 - Review of Interim Financial Information performed by the Independent Auditor of the Entity, respectively). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with auditing standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion on the individual and the consolidated interim financial information

Based on our review, nothing has come to our attention that causes us to believe that the accompanying individual and consolidated interim financial information included in the quarterly information referred to above are not prepared, in all material respects, in accordance with NBC TG 21 and IAS 34 applicable to the preparation of Quarterly Information Form (ITR) and presented consistently with the rules issued by the Brazilian Securities and Exchange Commission.

São Paulo Corporate Towers

Av. Presidente Juscelino Kubitschek, 1909 Torre Norte - 7º Andar - Itaim Bibi

04543-011 - São Paulo - SP - Brasil

Tel: [phone] ey.com.br

Other matters

Statements of value added

The abovementioned quarterly information includes the statement individual and consolidated statements of value added (SVA) for the six month period ended June 30, 2023, prepared under Company's Management responsibility, and presented as supplementary information by IAS 34. These statements have been subject to review procedures performed together with the review of the quarterly information with the objective to conclude whether they are reconciled to the interim financial information and the accounting records, as applicable, and if its format and content are in accordance with the criteria set forth by NBC TG 09 - Demonstração do Valor Adicionado. Based on our review, nothing has come to our attention that causes us to believe that they were not prepared, in all material respects, consistently with the overall interim financial information.

São Paulo, August 10, 2023.

ERNST & YOUNG

Auditores Independentes S/S Ltda.

CRC SP - 034519/O

Leonardo Lucas Heron Rebelo da Silva

Accountant CRC PR - 057007/O

Assets

Cash and cash equivalents Marketable securities Trade receivables Derivative financial instruments Inventories

Receivables from related parties

Income tax and social contribution recoverable

Other recoverable taxes

Dividends and interest on own capital receivable

Other assets

Current

Trade receivables Restricted cash

Income tax and social contribution recoverable

Deferred income tax and social contribution Receivables from related parties

Other recoverable taxes Judicial deposits

Derivative financial instruments Other assets

Investments in subsidiaries and associates Investment properties

Property, plant and equipment Intangible assets Right-of-use assets

Non-current

Total assets

Statements of financial position (In thousands of Brazilian Reais - R$)

	Parent Company	Consolidated
Note	June 30,	December	June 30,	December
2023	31, 2022	2023	31, 2022
5.2	1,462,802	2,169,335	5,714,927	7,385,421
5.3	74,423	88,934	1,941,113	840,061
5.4	64,479	52,644	535,868	561,641
5.8	-	-	13,903	17,545
5.10	1,539	1,606	221,301	225,813
4.1	124,557	125,978	64,915	49,995
	23,685	-	238,053	195,436
5.9	10,729	21,230	337,285	363,416
	54	921	346	1,057
	19,901	13,570	120,015	114,510
	1,782,169	2,474,218	9,187,726	9,754,895
5.4	-	-	16,290	16,682
5.3	82	79	104,328	92,770
	181,389	152,857	369,713	309,237
5.14	-	-	1,893,189	1,869,764
4.1	3,326	1,003,326	90,663	96,658
5.9	-	-	802,940	741,367
5.15	63,159	61,124	259,765	237,167
5.8	806,556	384,224	1,339,505	857,298
	8,782	1,755	61,494	38,660
5.11	20,718,088	18,721,831	391,920	381,469
5.12.1	171,366	174,422	-	-
5.12.2	185,359	153,295	17,664,987	17,049,188
5.12.3	254,314	270,748	6,707,108	6,774,306
5.12.4	44,150	48,103	7,583,312	7,732,284
	22,436,571	20,971,764	37,285,214	36,196,850
	24,218,740	23,445,982	46,472,940	45,951,745

The accompanying notes are an integral part of these interim financial statements.

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