Arezzo Indústria e Comercio S A : Dados Econômico-Financeiros

(A free translation of the original in Portuguese)	Version: 1
Quarterly Financial Information (ITR) at September 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Contents

Company information

Capital composition	1
Parent company financial information
Balance sheet - Assets	2
Balance sheet - Liabilities and equity	3
Statement of income	5
Statement of comprehensive income	6
Statement of cash flows - Indirect method	7
Statement of changes in equity
January 1, 2022 to September 30, 2022	9
January 1, 2021 to September 30, 2021	10
Statement of value added	11
Consolidated financial information
Balance sheet - Assets	12
Balance sheet - Liabilities and equity	13
Statement of income	15
Statement of comprehensive income	17
Statement of cash flows - Indirect method	18
Statement of changes in equity
January 1, 2022 to September 30, 2022	20
January 1, 2021 to September 30, 2021	21
Statement of value added	22
Management Commentary	23
Notes to the interim financial information	57
Commentary about Financial Projections	109
Reports and Statements
Independent auditor's review report	110
Report of the Supervisory Board or its equivalent	111
Statement by the Company officers on the financial information	112
Statement by the Company officers on the independent auditor's report	113

(A free translation of the original in Portuguese)

Version: 1

Quarterly Financial Information (ITR) at September 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Company information / Capital composition

Number of shares	Current quarter ended
(units)	September 30, 2022
Paid-up capital
Common shares	110,186,077
Preferred shares	0
Total	110,186,077
Treasury shares
Common shares	0
Preferred shares	0
Total

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(A free translation of the original in Portuguese)

Version: 1

Quarterly Financial Information (ITR) at September 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial information / Balance sheet (In thousands of real)

Account	Account title	Third quarter ended	Prior year ended
code		September 30, 2022	December 31, 2021
1	Total assets	3,851,411	2,664,878
1.01	Current assets	1,557,533	725,701
1.01.01	Cash and cash equivalents	54,325	2,448
1.01.02	Cash investments	157,878	69,775
1.01.02.01	Cash investments at fair value through	157,878	69,775
	profit or loss
1.01.02.01.03	Cash investments at fair value	157,878	69,775
1.01.03	Trade and other receivables	647,919	481,059
1.01.03.01	Trade receivables	647,919	481,059
1.01.04	Inventories	479,900	133,698
1.01.06	Taxes recoverable	146,204	16,942
1.01.06.01	Current tax assets	146,204	16,942
1.01.08	Other current assets	71,307	21,779
1.01.08.03	Other	71,307	21,779
1.02	Non-current assets	2,293,878	1,939,177
1.02.01	Long-term receivables	232,078	329,182
1.02.01.04	Trade and other receivables	565	2,016
1.02.01.04.01	Trade receivables	565	2,016
1.02.01.07	Deferred tax assets	170,414	178,775
1.02.01.07.01	Deferred income tax and social contribution	59,439	51,140
1.02.01.07.02	Taxes recoverable	110,975	127,635
1.02.01.09	Receivables from related parties	25,645	109,917
1.02.01.09.02	Receivables from subsidiaries	20,975	25,730
1.02.01.09.05	Loans to related parties	4,670	84,187
1.02.01.10	Other non-current assets	35,454	38,474
1.02.01.10.03	Judicial deposits	24,019	19,772
1.02.01.10.04	Other receivables	11,435	12,275
1.02.01.10.05	Derivative financial assets	0	6,427
1.02.02	Investments	897,636	1,458,891
1.02.02.01	Equity-accounted investees	894,775	1,456,431
1.02.02.01.02	Investments in subsidiaries	894,775	1,456,431
1.02.02.02	Investment properties	2,861	2,460
1.02.02.02.01	Investment properties	2,861	2,460
1.02.03	Property, plant and equipment	286,626	70,033
1.02.03.01	Property, plant and equipment in operation	286,626	70,033
1.02.04	Intangible assets	877,538	81,071
1.02.04.01	Intangible assets	877,538	81,071
1.02.04.01.02	Trademarks and patents	264,336	8,795
1.02.04.01.03	Key money	0	3,372
1.02.04.01.04	Software licenses	136,518	68,904
1.02.04.01.06	Goodwill	467,659	0
1.02.04.01.07	Customer relationships	9,025	0

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(A free translation of the original in Portuguese)

Version: 1

Quarterly Financial Information (ITR) at September 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial information / Balance sheet - Liabilities and equity (In thousands of

real)

Account	Account title	Third quarter ended	Prior year ended
code		September 30, 2022	December 31, 2021
2	Total liabilities	3,851,411	2,664,878
2.01	Current liabilities	978,216	977,542
2.01.01	Salaries, vacation pay and social charges payable	99,401	57,461
2.01.01.01	Social charges	4,882	4,741
2.01.01.02	Salaries and vacation pay	94,519	52,720
2.01.02	Trade payables	579,645	459,056
2.01.02.01	Domestic suppliers	570,518	454,050
2.01.02.02	Foreign suppliers	9,127	5,006
2.01.03	Taxes payable	7,408	18,433
2.01.03.01	Federal taxes payable	1,806	15,978
2.01.03.01.02	Other federal tax liabilities	1,806	15,978
2.01.03.02	State taxes payable	5,595	2,421
2.01.03.03	Municipal taxes payable	7	34
2.01.04	Loans and borrowings	170,450	337,348
2.01.04.01	Loans and borrowings	170,450	337,348
2.01.04.01.01	In local currency	235	165,070
2.01.04.01.02	In foreign currency	170,215	172,278
2.01.05	Other liabilities	121,312	105,244
2.01.05.02	Other	121,312	105,244
2.01.05.02.01	Dividends and interest on capital payable	50,033	55,962
2.01.05.02.04	Other	31,372	44,557
2.01.05.02.05	Lease liabilities	26,372	4,725
2.01.05.02.07	Derivative financial liabilities	13,535	0
2.02	Non-current liabilities	259,065	96,756
2.02.01	Loans and borrowings	9,500	9,500
2.02.01.01	Loans and borrowings	9,500	9,500
2.02.01.01.01	In local currency	9,500	9,500
2.02.02	Other liabilities	148,542	13,886
2.02.02.01	Payables to related parties	51,632	0
2.02.02.02	Other	96,910	13,886
2.02.02.02.04	Lease liabilities	96,910	13,886
2.02.04	Provisions	101,023	73,317
2.02.04.01	Provisions for tax, social security, labor and civil proceedings	11,183	7,785
2.02.04.01.02	Provision for social security and labor proceedings	7,606	6,060
2.02.04.01.04	Provision for civil proceedings	1,902	50
2.02.04.01.05	Provision for tax proceedings	1,675	1,675
2.02.04.02	Other provisions	89,840	65,532
2.02.04.02.04	Provision for net capital deficiency	0	65,532
2.02.04.02.05	Other payables	2,210	0
2.02.04.02.06	Provision for investment losses	87,630	0
2.02.06	Deferred profit and revenue	0	53
2.02.06.02	Deferred revenue	0	53
2.03	Equity	2,614,130	1,590,580
2.03.01	Paid-up capital	1,671,716	811,284
2.03.02	Capital reserves	161,596	196,925
2.03.02.02	Special reserve for goodwill arising from merger	0	21,470

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(A free translation of the original in Portuguese)

Version: 1

Quarterly Financial Information (ITR) at September 30, 2022 - AREZZO INDÚSTRIA E COMÉRCIO S.A.

Parent company financial information / Balance sheet - Liabilities and equity (In thousands of real)

Account	Account title	Third quarter ended	Prior year ended
code		September 30, 2022	December 31, 2021
2.03.02.05	Treasury shares	-46	-3,105
2.03.02.07	Capital reserve	161,642	158,239
2.03.02.09	Reserve for restricted stock plan	0	20,321
2.03.04	Revenue reserves	541,478	591,478
2.03.04.01	Legal reserve	57,511	57,511
2.03.04.05	Retained earnings reserve	174,861	174,861
2.03.04.07	Tax incentive reserve	309,106	309,106
2.03.04.08	Proposed additional dividend	0	50,000
2.03.05	Retained earnings	248,014	0
2.03.06	Other comprehensive loss	-8,674	-9,107

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