Rumo (RAIL3) Corporate presentation summary

Strategic positioning and network

• Market share: 43% in Mato Grosso and 58% at Santos, LTM Sep 2026, for soybeans, corn and soybean meal.

• Mato Grosso–Santos corridor contract horizon extends to 2058.

• Malha Norte (741 km) runs to 2079 and is renewable for another 90-year term; Malha Central (1,544 km) runs to 2049; Malha Paulista (2,118 km) runs to 2058.

• FIPS at Santos (100 km) has a 35-year term, renewable for equivalent terms; Malha Oeste’s concession ends in 2026, with a transitional period of up to 180 days for asset preservation only.

• Malha Sul’s termination was postponed to 2027; the postponement amendment is under negotiation with the Granting Authority.

Agricultural demand

• Mato Grosso and Goiás export 56 Mt and 13 Mt, respectively, and account for 18% of global soybean and corn trade.

• Production is projected to grow at a 4.1% CAGR and exports at a 2.5% CAGR from 2026–2031; soybean meal exports are projected to increase by 8 Mt.

• Mato Grosso has 18.7 mn ha of pastureland versus 12.8 mn ha of cropland; expansion is directed onto already-cleared land.

Rail competitiveness

• Trucks burn 4x more diesel to move the same cargo; one train carries cargo equivalent to ~300 46-t trucks.

• A railcar carries ~98 t versus 46 t for a truck; railcars unload ~2x more cargo in the same time, at ~5 minutes per unit.

• From Sorriso, MT, the rail corridor to Asia is 4,353 km shorter than the Northern Arch route.

• Licensed truck drivers averaged 54.7 years of age in 2026, up 4.7 years since 2015; only 4% were 30 or younger, versus 6% in 2015.

• Licensed drivers fell 21% from 5.6 mn in 2015 to 4.4 mn in 2026.