Rumo S A : Comunicado ao Mercado

Results Presentation

1Q24

May 10th, 2024

DISCLAIMER

This presentation may contain certain affirmations and statements that express beliefs and trends related to Rumo S.A.

("Rumo" or "Company") and its subsidiaries, reflecting current views and/or expectations of Rumo and its management

concerning its businesses and future events, which, although considered reasonable by the Company based on public information, can be incorrect or inaccurate, or may not be materialized. This is because several relevant factors may cause actual results to substantially differ from plans, objectives and expectations expressed herein, most of them beyond the Company's control.

The statements and information on trends reported herein do not guarantee performance. This presentation does not represent an offer for subscription or acquisition of the Company's securities.

HIGHLIGHTS

Railway leading agribusiness transportation

• Higher transported volume, with market share gains
• Yields increase, despite fuel price decrease

Acknowledgement and Strategy

•	Release of the Sustainability Report and Greenhouse	Gas
Performance	Emissions Inventory (GHG)
• R$ 1.689 million EBITDA (+43%)	Inclusion in S&P's 2024 Sustainability Yearbook, awarded as an
•
• R$ 368 million Net Income (+>100%)	"Industry Mover" with the highest score in the sector
Financial
Expansion Projects
• Financial Leverage at 1.7x net debt/EBITDA
• Progress in contractors agreements and mobilization of working
• R$1.2 billion in debenture issuance, close to BR sovereign
	fronts in MT
• Prioritization of efficiency projects and capacity increase,
	especially in Malha Paulista and FIPS	3

GRAINS MARKET SHARE (Soybean, corn and soybean meal)

Mato Grosso		Goiás
(MT)	+1.1 p.p.	(GO)		+2.9 pp.
37.9%	39.0%		17.7%	20.7%

1Q231Q241Q231Q24

Porto de Santos		Paranaguá (PR) and São Francisco do Sul (SC) Ports
(SP)	+1.5 p.p.		+1.0 p.p.
49.8%		51.3%
		29.3%	30.3%

1Q23

1Q24

1Q23

1Q24

4

OPERATIONAL INDICATORS

Transit Time North Operation (hours)

		-10%
103	100	91	91	93

2019 2020 2021 2022 2023

Dwell Time in Santos (hours)

-37%

27	28	20	18	17
2019	2020	2021	2022	2023
Consolidated Diesel Consumption (liters/ '000 RTK)
			-12%
3.93	3.72	3.59	3.37	3.45
2019	2020	2021	2022	2023

-10.3%

116104

1Q231Q24

	+11.3%
15	17

1Q23

1Q24

+0.3%

3.563.57

1Q23

1Q24

5

OPERATIONAL RESULT

Volumes (Bln RTK)

0.7	0.4	0.1	17.4

16.1

North Operation (Bln RTK)													South Operation (Bln RTK)
+0%																		+14%
9.9	9.9																					1.7
																					1.5
																									+77%				+18%
				+116%																			0.5								-1%
				+12%	+34%					+25%						+57%	0.3 0.4	-34%
				+2%
									1.2						0.3	0.3	0.3
				0.3	0.3	1.0	1.1	0.9	0.5	0.6	0.6	0.7						0.0	0.0			0.1	0.1
		Grains		Sugar		Fertilizers		Fuels	Pulp and Paper Containers			Grains		Sugar		Fertilizers		Fuels	Pulp and Paper Containers

1Q23				1Q24	6

REVENUE AND YIELDS

Consolidated
	138				138			166
		123		122
	2,384		2,763		3,175	2,616		3,146
	1Q23		2Q23		3Q23	4Q23		1Q24
				Net Revenue (BLR Mln)	Yields (BRL / RTK * 1000)
North Operation					South Operation
				165	159				176
134		134			156	156
116				144
		115
		2,440		2,435		554	578		563
	2,085	1,997	450			451
1,825
1Q23	2Q23	3Q23	4Q23	1Q24	1Q23	2Q23	3Q23	4Q23	1Q24

7

EBITDA

Consolidated EBITDA	North Operation
(BLR Mln)	(BLR Mln)

+43%

1,689

1,181

South Operation

(BLR Mln)

+43%

1,420

+37%

8

FINANCIAL RESULT AND NET INCOME

Financial Result

(BRL Mln)

13.65%	13.65%	13.27%
		12.24%
	676		11.28%
	678	621
607		594
231	289	302	277
	245

				387
	376			376	349	344

1Q23	2Q23	3Q23	4Q23	1Q24
		Cost of Net Debt		Other Expenses	CDI in the period (%YoY)

Net Income

(BRL Mln)

483

368

167

71

1

1Q23

2Q23

3Q23

4Q23

1Q24

9

INDEBTEDNESS

Net Debt

(BLR Mln)

1.8x

1.7x

10,20710,412

+2%

4Q231Q24

Net Debt		Financial Leverage

Debt Amortization Schedule

(BLR Mln)

11,011

9,362

4,116

2,063

884 807 1,004

Cash Flow 2024 2025 2026 2027 2028 2029+

10