HBR Realty Empreendimentos Imobiliários S A : 2Q22 Presentation

E AR N I N G S R E L E AS E P R E S E N TAT I O N

2Q22

D I S C L A I M E R

This presentation may contain certain statements that express expectations, beliefs and management forecasts of HBR Realty about future events or results. Such statements are not historical facts, being based on information related to the real estate market, and economic and financial information available so far and on projections related to the market in which HBR Realty is located.

Factors that may affect HBR Realty's operational and economic and financial performance include, but are not limited to: (i) macroeconomic situation (ii) risks associated with real estate activity; (iii) lack of funding to meet our activities and needs; (iv) possible problems of delays and failures in our real estate developments; (v) success of our partnerships; (vi) competitiveness of the real estate sector; (vii) changes in the legislation regulating the sector.

This presentation was based on information and data available on the date it was made and HBR Realty is not obliging to update it based on new information and/or future events.

The information expressed in this report should be evaluated by following the Financial Statements and their respective explanatory notes. Operating data and managerial information, including EBITDA calculation, Adjusted EBITDA, were adjusted to reflect the effects of unconsolidated ventures by the Company, adjusted to the participation in each enterprise. Such information was not reviewed by the independent auditors. All IFRS information was extracted directly from the Company's audited Financial Statements, and followed international financial reporting standards and standards (IFRS).

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The Company's strategy is focused on the real estate development of urban properties, organized in 4 main business

platforms that house the developed and developing asset classes.

H I G H L I G H T S

Occupancy and Sales ComVem

• Total Sales: +105% in 2Q22 vs 2Q21 +24% in 2Q22 vs 1Q22
• 97% growth in net revenue in 2Q22 vs 2Q21 and 6% in 2Q22 vs 1Q22;
• Increase in Occupancy of 1 p.p. in 2Q22 reaching 87%.

Retail resumption

• Focusing on new tenants deals for assets that are under development and an intense commercialization agenda of the projects in operation through the openings of brands such as: Croasonho, Armonye, Cream Berry, Outback, among others;
• We continue to consistently increase occupancy in assets in operation and with an effort to reduce cancellations, as a result, most of our assets have 100% occupancy within the portfolio.

Occupancy and HBR Malls sales

• Total Sales: +62% in 2Q22 vs 2Q21
• • 25% no 2Q22 vs 1Q22;
• Stability in occupancy in 2Q22 with 93%;
• 14 new contracts and 13 new opened stores.

HBR Opportunities

• The hotels once again presented growth above the expected in their average daily rates, a strong improvement in rooms' occupancy;
• Self-Storage+Box 23% growth in revenue in 2Q22 vs 2Q21.

New Developments

• The construction schedule for the Hotel W SP ended the quarter with 49% completed;
• 3A Pinheiros construction ended the quarter with 21%

completed, whose estimated delivery remains
scheduled for the first half of 2024.	3

HBR 3A Pinheiros

O P E R AT I O N A L D ATA

2 Q 2 2

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HBR 3A Faria Lima

• Total of 25 assets in operation with more than 27 thousand GLA and 33 assets under development with more than 86 thousand GLA;
• New deals, such as Outback, Croasonho, Armonye, among others;
• Focus on the commercial agenda with the maintenance of occupancy through the active commercialization of the projects;

ComVem Bosque Maia

• The occupancy rate reached 87% in 2Q22.

Occupancy %		Total Sales

Total GLA in operation - sqm

86 86 86 87

84

R$30 mi

R$25 mi

R$20 mi

R$15 mi

R$10 mi

2Q21 x 2Q22: +105%

+24%

			27,969	27,696	27,696
+26%	21,922	21,982	5,3992
	3,1901

2Q21 3Q21 4Q21 1Q22 2Q22

Total Occupancy

R$5 mi

R$0 mi

2Q21 1Q22 2Q22

2Q21

3Q21

4Q21

1Q22

2Q22

1Included ComVem Bosque Maia;

2Included ComVems Santo Amaro, Barra Funda, Santana and Wide.

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