LOG Commercial Properties e Participações (LOGG3) Corporate Presentation summary

Strategic pillars and business model

• Operates as a leading developer and lessor of high-end logistics warehouses across all regions of Brazil, with a verticalized structure covering the full project cycle from land acquisition to asset recycling.

• Emphasizes geographic diversification, integrated operations, and modular warehouses to serve diverse client needs and maintain high occupancy.

• Maintains a robust client portfolio with sectoral concentration below 21% and a stabilized vacancy rate of 0.65%.

• Asset recycling is a key growth driver, with R$1.5 billion recycled in 2024, reinvested into new developments and dividends.

• ESG initiatives include LEED-certified projects, 100% renewable energy use, and improved MSCI ESG rating to "Average" in 2023.

Operational and financial performance

• Delivered 188.9 thousand sqm of GLA in 4Q24, with a 90% pre-lease rate and gross absorption of 125.9 thousand sqm.

• Achieved a 38% sales margin in 2024 and 76.6% net income growth, with earnings per share reaching R$3.95.

• EBITDA rental margin stood at 74.3%, and NAV per share grew at a 23% CAGR in 2024.

• Net revenue for 2024 was R$219.7 million, with net profit rising 76.6% to R$344.4 million.

• Adjusted net debt at year-end was R$784 million, with a net debt/LTM EBITDA ratio of 0.8x and a cost of debt at CDI + 1.4%.

Growth and expansion plans

• Completed the "Todos por 1,5" plan, delivering 1.5 million sqm of GLA from 2020 to 2024 and paying R$464 million in dividends.

• Launched the "LOG 2 milhões" plan for 2025–2028, targeting over 2 million sqm of new GLA and continued nationwide expansion.

• Landbank for future growth is 50% acquired, with capital and operational structure in place for expansion without increasing G&A.

• Asset recycling history includes major transactions totaling several billion reais, supporting ongoing development and shareholder returns.

• Annualized revenue is projected to grow 2.0x–2.4x by 2028, driven by new deliveries and efficient asset management.