SIMPAR S A : Market Presentation

JUNE, 2021

Presentation to the Market

Merger of CS Frotas into Movida

For additional information, please read carefully the disclaimer at the end of this presentation

Transaction to be Resolved by Minority Shareholders

Transaction Proposed by	▪	CS Participações' (SIMPAR'S wholly-owned subsidiary) shares to be incorporated by Movida ("Transaction")
SIMPAR
Business Overview	▪ CS Frotas (CS Participações' wholly owned subsidiary): fleet management business to clients from the public sector and mixed-capital
	companies ("Public Sector Fleet Management Market")
CS Participações'	▪	Issuance of 63,381,072 Movida shares to SIMPAR, which corresponds to a value of R$ 1,215 million(1)
Valuation	▪	After the Transaction, SIMPAR will hold 62,96% of Movida's total shares
	▪ Movida's Extraordinary General Meeting to decide on the transaction on July, 26
Approval and	▪	Minority shareholders will vote at the EGM
Governance Process	▪	SIMPAR will follow the vote of Movida's minority shareholders at the EGM
	▪	If the Transaction is approved, Movida will be able to join the Public Sector Fleet Management Market, not allowed nowdays.

Note: (1) Based on Movida's closing price of R$ 19.17 per share on July 25th, 2021, Extraordinary General Meeting call notice date to decide on the Transaction

2

Agenda

1

2

3

Movida + CS	Transaction
Frotas	Structure and	Appendix
	Next Steps

1. Combination for Value Creation

3

SECTION 1

Movida + CS Frotas

A Combination for

Value Creation

CS Frotas: Focused on the Management of Fleet for Public Sector and Mixed-capital Companies

One out of th 6 largest fleet management

companies in Brazil

42% operating fleet growth in 2020, way above

the 4% market average

Operation focused on fleet of light vehicles (no

drivers included)

Present in all Brazilian territory

Top 1 fleet management player for public sector

and mixed-capital companies

Best governance practices of the sector

	Transaction Perimeter
CS Participações	✓	Entity to be spun off and merged into
Movida
CS Frotas	✓	Will be controlled by
CS Participações
		New entity created to control and act
		as the holding of all CS Participações'
CS Holding		assets that are out of transaction
		perimeter, to become a SIMPAR
		subsidiary
CS Transportes		Will be controlled by
CS Holding
CS Finance		Will be controlled by
CS Holding

Operating and

Financial	~17k(1)	R$ 402mm	40%	12%	94%
Highlights
	Operating Fleet	Net Revenue	EBIT Margin of Rental	ROIC	Contracts Renewal Rate
	1Q21	1Q21 LTM	1Q21 LTM	1Q21 LTM	1Q21 LTM

Note: (1) Equivalent to CS Frotas' total fleet of ~20k in 1Q21

5