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We published our 2025 Integrated Report in accordance with the guidelines of the International Integrated Reporting Council (IIRC), the Global Reporting Initiative (GRI) standards, including the GRI Sector Standard applicable to the sugar-energy sector, and the Sustainability Accounting Standards Board (SASB) standards relevant to our businesses. Reaffirming our commitment to transparency and the quality and reliability of the information we disclose, the report has once again been subject to external assurance by PwC.
For the second consecutive year, we are also making available the Indicators Report, a complementary document that consolidates information and indicators based on the GRI and SASB standards, enhancing the transparency and traceability of our performance information and data.
As part of our continuous improvement journey, the Sustainable Strategy Program (PES) remains the link between the present and the future. Built on the foundations of Time, Resilience, Integration, and People, the program strengthens our strategic management and adaptability while driving the creation of sustainable value for our stakeholders.
In 2025, Energy stands out as one of the pillars of our strategy. Investments in renewable energy generation, energy efficiency, and operational safety reinforce the competitiveness of our businesses and our commitment to sustainable development. More than an essential resource for our operations, energy represents one of the driving forces behind innovation and the creation of long-term value.
Governance
Transparency, accountability, and integrity remain the fundamental pillars of our management, guiding our relationships and practices in a compliant manner. In 2025, we strengthened our corporate governance by advancing our compliance practices, updating the Code of Conduct, improving risk management, and reinforcing cybersecurity, promoting alignment between our values, business strategy, and the actions of all stakeholders.
Environment
Our commitment to reducing Greenhouse Gas (GHG) emissions and preserving natural resources is reflected in the modernization of our processes, the expansion of renewable energy generation, and the adoption of sustainable practices across our operations. In 2025, we advanced our energy transition strategy through the creation of Taquari Energia, the expansion of Maringá Energia’s cogeneration capacity, and the strengthening of decarbonization, circular economy, and resource efficiency initiatives, reinforcing our commitment to sustainable development.
Social
People are at the center of our strategy, culture, and results. In 2025, we advanced initiatives focused on talent development, the promotion of health, safety, and well-being, the strengthening of diversity and inclusion, and the generation of positive impact in the communities where we operate, reinforcing our commitment to an increasingly safe, collaborative, and sustainable workplace.
Performance
Even in a challenging environment, we remained committed to business expansion and modernization. In 2025, we directed strategic investments toward increasing operational efficiency, expanding renewable energy generation, strengthening self-sufficiency in key inputs, and driving the evolution of our operations, consolidating our competitive advantages and promoting sustainable long-term value creation.