2Q24 Earnings Release

TEGMA GESTAO LOGISTICA S.A., one of the largest logistic providers in Brazil and one of the leaders in logistics for brand new vehicles in Brazil, hereby presents its 2Q24 results:

. The quantity of vehicles transported in 2Q24 was 167.1 thousand, 6.4% up vs. 2Q23, a 24.9% market share, 0.9 p.p. lower than in the annual comparison, due to the lower-than-average performance of customers to which Tegma has significant exposure and stable QoQ. The average distance in 2Q24 was 1,089 km, 13.7% up vs 2Q23.

. The Board of Directors Meeting decided on August 5 to distribute 80% of the1H24 Net Profit in dividends and Interest on Equity corresponding to R$80 million, or 4.8% dividend yield, for payment on August 21.

. Net revenue in 2Q24 was R$ 472.8 million, 29.0% higher year-on-year, reflecting the growth in the Automotive Division (greater volume and distance) and the Integrated Logistics Division, which both operations grew.

. EBITDA in 2Q24 was R$85.2 million (margin of 18.0%, 2.2 p.p. higher than the EBITDA margin in 2Q23), because of the growth of Automotive Division operational indicators and productivity gains that generated margin expansion.

. Net income in 2Q24 was R$63.5 million, 59.4% higher than in 2Q23, a 2.6 p.p. increase in net margin to 13.4%, due to the improvement in operating results, growth in net financial results and equity in the period.

. Return on invested capital in 2Q24 was 30.1%, 2.6 p.p. higher than the ROIC in 1Q24, mainly due to the evolution of the operating results of the Automotive Division.

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