2025 Integrated Report

Votorantim Cimentos: Resilience That Celebrates our History and Drives a Sustainable Future

As a building materials and sustainable solutions company, Votorantim Cimentos plays a key role in supporting economic development, building communities and enabling progress in the markets it serves.

We value diversity in all its forms, as we believe that the plurality of ideas, experiences and cultures creates a more creative, innovative and sustainable company. Our culture is based on a history of integrity, collaboration and courage. We connected our 2030 Strategic House and Our VC Way, demonstrating where we want to go and how we will move forward as we strive to create an ever-better Votorantim Cimentos. We know that the journey is long and challenging, but we are prepared to build an increasingly sustainable world.

“As we prepare to celebrate our 90th anniversary, we remain committed to sustainable growth and continuous competitiveness through solutions and initiatives that have a positive impact on the company and on society.”

Osvaldo Ayres Filho

Global CEO, Votorantim Cimentos

Highlights in 2025

R$29.4 billion Net revenue

R$7.0 billion Adjusted EBITDA

R$3.2 billion Net profit

1.63x Leverage ratio

13,987 direct employees

26.0% of leadership positions occupied by women

323,426 hours devoted to training, development and education

4,276 recognitions for embracing Our Way of Being, Working and Thriving

R$19.5 million in external social investments

327 sites with engagement plans

12.0% of employees engaged in volunteering

495 initiatives sponsored

52% of purchases from local suppliers

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RECYCLABLE

It is 100% recyclable, thus supporting a circular economy.

RE-CARBONATATION

When in contact with air, it absorbs some of the CO2 emitted during the production process. Recycled concrete has the potential to boost this absorption.

SAFE FOR WATER STORAGE

It is inert, making it safe for storing drinking water.

AVAILABLE AND AFFORDABLE

It is locally produced, widely available and suitable for construction, in addition to offering a cost-effective life cycle.

NO VOC EMISSIONS

It does not emit volatile organic compounds (VOC) that can harm human health.

INFRASTRUCTURE

It is used in the construction of sustainability-related projects, such as water and sewage treatment and renewable energy (wind towers and hydroelectric dams) infrastructure.

WATER PERMEABLE

Concrete paving can incorporate water permeability properties, facilitating the natural drainage process.

INSECT PROOF

It is resistant to insects, which reduces the risk of invisible damage.

LIGHT REFLECTIVE

Its light-colored surface reflects light, which can reduce the number of streetlights by up to 25%.

CONCRETE ROADS/LOWER VEHICLE EMISSIONS

Concrete roads reduce the volume of fuel used by vehicles in the logistics network, resulting in lower greenhouse gas emissions.

FLOOD RESISTANT

It does not expand or deform when wet, making it resilient to flooding and water damage.

DURABILITY

Concrete structures can last 100 years or more and require little maintenance.

HEAT REFLECTIVE

Its light-colored surface reflects heat, reducing energy demand in hot climates.

VERSATILE

It provides endless possibilities for mixtures and shapes.

THERMAL MASS

Because it insulates and stores heat, it can be used to reduce the energy demand of buildings in cold climates.

NON-FLAMMABLE

It does not burn, thus enabling the construction of fire-resistant structures.

Concrete Accelerates the Future of Infrastructure

In partnership with Ecovias Imigrantes, we employed, for the first time in Brazil, a groundbreaking technology to rehabilitate rigid concrete pavement slabs. The solution reduces execution time from five days to just five hours, ensuring faster and safer road reopenings. The technical advantage lies in the combination of a special cement for highways, appropriate equipment and an optimized execution process, reinforcing our commitment to investing in innovative solutions and reflecting our continuous pursuit of progress in concrete pavement engineering. Watch this video and see this technology in use.

Sustainability and Strategy Sustainable Legacy Caring for People Corporate Governance Competitiveness and Innovation Financial Management

Sustainability and Strategy

Sustainability is one of our strategic drivers and we are committed to sustainable development, as we conduct our business in an ethical and transparent manner to generate lasting results and create a sustainable legacy to society. Our efforts are guided by our Global Sustainability Policy and our 2030 Sustainability Commitments.

It is from this vision that we believe real solutions are born from the coming together of those who make things happen. The 30th United Nations Climate Change Conference (COP30), which took place in Belém (Brazil), was an important milestone in our participation in the global debate about decarbonization and the creation of a sustainable future. We attended 15 events before and during COP30, participating in initiatives that reaffirm our position and commitment to the future.

Our presence at COP30 shows that competitiveness and sustainability go hand in hand. We are part of the solution to decarbonization, implementing initiatives that support our 2030 commitments and the planet’s future.

552 kg Net emissions of CO2

27.7% Reduction of when compared to 1990

Sustainable Legacy

Social Transformation

Local development, transparent dialogue with communities and respect for the local culture and human rights are pillars that guide our journey of social transformation. We seek to create and share value through initiatives that boost health, education and community development in the regions where we operate.

Dialogue with Communities

As part of our relationship and engagement with local communities, we adhere to a Procedure for Implementing and Executing Community Relationship Plans and a Guide of Best Practices in Building Relationships with Traditional Peoples and Communities. These documents reinforce our principles of respect, transparency and collective development. We also have Community Councils, which are made up of volunteer citizens who choose important causes and foster initiatives to improve the quality of life of citizens.

Engaging with communities is more than just a responsibility, it is an acknowledgement of the fact that our future is built together with them.

Caring for People

Reflecting Our VC Way, we strive to evolve continuously to offer an ethical, respectful and inclusive work environment that values diversity, dialogue, health, safety and the development of our people in all countries where we operate.

In 2025, as part of our commitment to diversity and inclusion, we exceeded our target for the percentage of women in leadership positions, achieving 26.0% of women at the leadership level globally. The early achievement of this target will not diminish our efforts to continue expanding the participation of women in our activities and operations. We will continue our ongoing efforts to attract and retain female talent globally.

26.0% Women in leadership positions

81.5% Diversity survey favorability

Corporate Governance

At Votorantim Cimentos, the culture of integrity is essential for maintaining healthy relationships, both internally and with society, to ensure sustainable business results. To guarantee the implementation of best practices in transparency and ethics, we rely on a robust Compliance Program.

13,355 Employees trained

323,426 Training hours

“Our investment approach through innovation is guided by the concept of testing, learning and scaling initiatives that support our strategic pillars.”

Marcio Yamachira Global Director of Strategic Planning and Innovation, Votorantim Cimentos

Competitiveness and Innovation

Votorantim Cimentos’ innovation strategy is anchored in three pillars: Competitiveness, Sustainability and Business Transformation. In 2025, we invested R$319 million in innovation projects. Innovation funding plays a critical role in enabling disruptive technologies and supporting the development of new products and services that can accelerate our innovation strategy. In 2025, we secured over R$480 million in subsidized funds through financing grants and tax incentives.

Financial Management

The year 2025 was another year of record-breaking performance for Votorantim Cimentos, thanks to the solidity of our business and the consistent progress made in recent years. Our strategy involved accelerating investments in decarbonization and competitiveness, including new businesses, despite instability and volatility in the regions where we operate.

Our total net revenue for the year was R$29.4 billion (up 11% compared to the previous year). Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 8%, to R$7.0 billion, and net profit was R$3.2 billion, reflecting the sale of our assets in Morocco and Tunisia. Cement sales volumes were higher than in 2024 (from 35.4 million to 37.0 million tonnes).

“Sustainable financial results are achieved through effective management that balances discipline, innovation and long-term vision.”

Antonio Pelicano Vice President of Finance and Investor Relations, Votorantim Cimentos

Integrated Report 2025

Votorantim Cimentos: Resilience That Celebrates our History and Drives a Sustainable Future

Highlights in 2025

Concrete Applications

RECYCLABLE

RE-CARBONATATION

SAFE FOR WATER STORAGE

AVAILABLE AND AFFORDABLE

NO VOC EMISSIONS

INFRASTRUCTURE

WATER PERMEABLE

INSECT PROOF

LIGHT REFLECTIVE

CONCRETE ROADS/LOWER VEHICLE EMISSIONS

FLOOD RESISTANT

DURABILITY

HEAT REFLECTIVE

VERSATILE

THERMAL MASS

NON-FLAMMABLE

Concrete Accelerates the Future of Infrastructure

Explore the sections of this Integrated Report

Sustainability and Strategy

Sustainable Legacy

Social Transformation

Dialogue with Communities

Caring for People

Caring for People

Corporate Governance

Competitiveness and Innovation

Financial Management

Check out the history of our Integrated Report