HBR Realty Empreendimentos Imobiliários S A : 2Q23 Presentation

Earnings Release

Presentation

2Q23

Videoconference

August 09, 2023

At 3 p.m (Brasília) and

2 p.m (New York)

Click here

Earnings Release Presentation 2Q23

Disclaimer

• 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).

Hotel W São Paulo

Earnings Release Presentation 2Q23

Index

Hotel W São Paulo

Highlights 2Q23	4
Operational Data	5

Current Portfolio and New Businesses	13
Delivery Pipeline	14

Comvem	6		Financial data	17
HBR Malls	8		Net Income	21
HBR 3A	11		Capex and Strategic Assets Sale	22
HBR Opportunities	12		Managerial Indebtedness	23

Earnings Release Presentation 2Q23

Highlights 2Q23

The Company's strategy is focused on the real estate development of urban properties, organized into 4 main business platforms that encompass the developed and under development asset classes:

Performance

R$ 37.1 million

Net Revenue growing 9%

R$ 30.1 million

NOI growth in 9.6%

R$ 18.4 million

Adjusted EBITDA increase of 3.1%

Patteo Urupema Shopping opening

30th edition of the ABF Franchising Expo

Suzano Shopping | 2023 Abrasce Award

*growth compared to 2Q22

ComVem

R$ 58.1 million

In Total Sales with 61.4% growth

+ 55.4% million

Increase in Net Revenue

HBR Malls

R$ 13.4 million

Of NOI and +25.5% growth

+ 5.7%

Growth in Total Sales

HBR 3A

100% of occupancy in the quarter

HBR Opportunities

12.1% Hilton Garden Inn

In average RevPar growth

+ 28.8% +BOX Self Storage

Growth in Gross Revenue

New Developments

76% construction completed

ComVem Patteo São Paulo delivery scheduled for 2S23

86% construction completed

W SP Hotel in this semester

46% construction completed

3A Pinheiros with delivery scheduled for 1S24

4

Operational Data

Hotel W São Paulo