HBR Realty Empreendimentos Imobiliários S A : 3Q21 Presentation

3Q21 EARNINGS RELEASE PRESENTATION

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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: +21% on 9M21/9M20
• Total Sales: +36% in 3Q21/3Q20
• Increase in Occupancy in 3Q21: 85.5% x 81.7% in 3Q20
• Entry of ComVem Even (São Paulo) and ComVem Visionist (Curitiba).

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Occupancy and Sales HBR Malls

• Total Sales: +41% on 9M21/9M20
• Total Sales: +34% in 3Q21/3Q20
• Occupancy in 3Q21 reached 91.7% versus 89.9% in 3Q20
• Consistent recovery trajectory in 3Q21 due to the end of retail schedule restrictions due to the pandemic, announced in mid-August.

Retail resumption

• The third quarter marked the resumption of economic activity, especially in the retail sector, with consolidation of the vaccination agenda providing a concrete reduction in the levels of transmission of the disease, allowing the removal of time restrictions and the consequent increase in the flow of people in the enterprises.

New Developments, Acquisitions and Partnerships

• HBR completed the acquisition of 3 properties in noble neighborhoods of São Paulo and 1 in a region of great flow in Osasco, for the development of new ComVems.
• Signing of a strategic partnership with Halipar to explore joint opportunities for the development of active facades.

HBR 3A Pinheiros	3

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

3 Q 2 1

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HBR 3A Faria Lima

• Portfolio remained with 100% occupancy in 3Q21.
• Growth of 19% in NOI 9M21 x 9M20.
• Dynamic agenda in developments, highlighting the beginning of the works of 3A Pinheiros (2.7% work performed) in 3Q21 and 3A Paulista scheduled to start in 1Q22.
• Positive outlook for the corporate office market and heated procurement market.

HBR 3A Paulista HBR 3A Pinheiros

HBR 3A Itaim Bibi

HBR 3A Faria Lima

HBR 3A Chucri Zaidan

HBR 3A Nações Unidas

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HBR 3A Paulista