Movida Participações (MOVI3) investor relations material

Executive summary

• Net income doubled year-over-year to R$136 million in 2Q26, surpassing guidance and marking the highest second-quarter result in four years, driven by operational efficiency, customer experience, and disciplined capital allocation.

• Net revenue reached an all-time high of R$3.77 billion, up 2.4% year-over-year, supported by higher rental pricing, increased fleet utilization, and strong demand in rental and fleet management.

• EBITDA hit a record R$1.69 billion (+22.3% YoY), with EBIT surpassing R$1 billion for the first time (+29.3% YoY), and ROIC at a record 16.7% (+4.0 p.p. YoY).

• Customer satisfaction reached record NPS of 88%–91%, with loyalty program members up 16% to 2.7 million.

• Expansion in long-term contracts and disciplined asset management supported future earnings visibility.

Financial highlights

• Net income: R$136 million (+100.7% YoY); 1H26 net income R$260 million (+78.1% YoY).

• Net revenue: R$3.77 billion (+2.4% YoY); rental revenue R$2.30 billion (+21.3% YoY).

• EBITDA: R$1.69 billion (+22.3% YoY); EBITDA margin 72.8% (+1.0 p.p. YoY).

• EBIT: R$1.02 billion (+29.3% YoY); EBIT margin 44.8% (+7.3 p.p. YoY).

• ROIC reached 16.7% in 2Q26 LTM, 4.0 p.p. higher YoY and 5.7 p.p. above average debt cost.

Outlook and guidance

• 3Q26 net income guidance set at R$130–150 million, about double 3Q25.

• 9M26 net income projected at R$400 million (+85% YoY), 26% above full-year 2025.

• Management expects ongoing margin expansion and robust cash position to support strategic initiatives.

• Management remains cautious due to macroeconomic volatility but sees upside potential.