SLC Agrícola (SLCE3) investor relations material

Operating footprint and model

• Produces cotton, soybeans, corn, seeds and cattle across large-scale owned and leased farms in eight Brazilian Cerrado states.

• 26 farms cover 854.4K ha of planted area for 2026/27; 3.5% of total physical area is irrigated.

• Five-year average yields exceeded Brazilian averages by 14% for soybeans and 22% for corn; cotton yields were 131% above the world average.

2026/27 crop outlook

• Planted area is budgeted at 854.4K ha, up 3% YoY; soybean area rises 2.9% to 442.1K ha, cotton 0.3% to 200.4K ha, while corn falls 2.3% to 154.6K ha.

• Budgeted yields increase YoY by 1.1% for soybeans to 4,080 kg/ha and 2.8% for second-crop corn to 7,957 kg/ha; cotton lint yields rise 0.4%–0.9%.

• NOAA’s October 2026 outlook indicated a strong-to-very-strong El Niño likely through Jan–Mar 2027, with probability remaining above 83%.

• 2026/27 CBOT soybean futures were $12.82–$12.98/bu and corn futures $4.74–$4.99/bu as of Oct. 16, 2026.

M&A and irrigation

• Mato Grosso acquisition covers 8.9K ha of arable land, including operating improvements, for R$669.0M; 8.7K ha will remain leased under terms of 1, 3 and 15 years.

• The FIPS association holds a 50.01%/49.99% ownership split and subscribed to Piratini Farm and irrigation infrastructure for R$1.033B.

• The FIPS agricultural partnership runs 18 years, with payment equal to 19% of agricultural production; the strategy combines land monetization and irrigation-led efficiency.

• Irrigation plans across five farms total 58,461 ha, equal to 206.7% of their physical area; a separate project targets 69,061 ha at Piratini and Paladino.