Note – 2020/2021 Harvest Production Balance Sheet

Atvos, among the largest bioenergy producers in Brazil, closed the 2020/2021 harvest with milling of 26.7 million tons of sugar cane, volume aligned with the previous harvest. With high industrial yield (XRE – Crystal Recovery Efficiency of 94.3%), the company reached 3.65 million tons processed of TRS (Total Recoverable Sugar), 1.7% increase against the 2019/2020 harvest.  This volume enabled the production of over 2 billion liters of ethanol to be traded in the Brazilian domestic market, with 83% of hydrous ethanol and 17% of anhydrous ethanol. A portion of this TRS was also converted in the production of 426 thousand tons of VHP sugar, 82% above the previous cycle, fully destined to export. With a prolonged dry period, the climate availability was 4% higher against the last harvest, which contributed to the low humidity of sugarcane bagasse and resulted in higher efficiency in electricity generation, whose production recorded 2% increase against the previous cycle.  2.8 thousand Gwh of electricity were co-generated, 69% of them were exported, 4.4% growth against the last harvest. Atvos also closed the period as the largest issuer of CBIOs (Renovabio program decarbonization credits), with 2.4 million securities issued and 1.8 million traded.