Financial Statements: ITR/DFP 3Q22

Rumo S.A.

Interim financial statements

September 30, 2022

Contents

Independent auditor's review report on quarterly information	3
Statements of financial position	5
Statements of profit or loss	7
Statements of comprehensive income	9
Statements of changes in equity	10
Statements of cash flows	12
Statements of value added	14
Notes to interim financial statements	15

São Paulo Corporate Towers

Av. Presidente Juscelino Kubitschek, 1.909 Vila Nova Conceição

04543-011 - São Paulo - SP - Brasil Tel: [phone] ey.com.br

Independent auditor's review report on quarterly information

To

Shareholders, Board of Directors and Management of

Rumo S.A.

Curitiba - PR

Introduction

We have reviewed the accompanying individual and consolidated interim financial statement, contained in the Quarterly Information Form (ITR) of Rumo S.A. ("Company") for the quarter ended September 30, 2022, comprising the statement of financial position as of September 30, 2022 and the related statement of profit or loss and of comprehensive income (loss), for the three and nine month periods then ended and statements of changes in equity and of cash flows for the nine month period then ended, including the explanatory notes.

Management is responsible for preparation of the individual and consolidated interim financial information in accordance with Accounting Pronouncement NBC TG 21 - Demonstrações Intermediárias, and IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board (IASB), as well as for the fair presentation of this information in conformity with the rules issued by the Brazilian Securities and Exchange Commission (CVM) applicable to the preparation of the Quarterly Information Form (ITR). Our responsibility is to express a conclusion on this interim financial information based on our review.

Scope of review

We conducted our review in accordance with Brazilian and International Standards on Review Engagements (NBC TR 2410 - Revisão de Informações Intermediárias Executada pelo Auditor da Entidade and ISRE 2410 - Review of Interim Financial Information performed by the Independent Auditor of the Entity, respectively). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with auditing standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion on the individual and the consolidated interim financial information

Based on our review, nothing has come to our attention that causes us to believe that the accompanying individual and consolidated interim financial information included in the quarterly information referred to above are not prepared, in all material respects, in accordance with NBC TG 21 and IAS 34 applicable to the preparation of Quarterly Information Form (ITR) and presented consistently with the rules issued by the Brazilian Securities and Exchange Commission.

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São Paulo Corporate Towers

Av. Presidente Juscelino Kubitschek, 1.909 Vila Nova Conceição

04543-011 - São Paulo - SP - Brasil Tel: [phone] ey.com.br

Other matters

Statements of value added

The abovementioned quarterly information includes the statement individual and consolidated statements of value added (SVA) for the nine-month period ended September 30, 2022, prepared under Company's Management responsibility, and presented as supplementary information by IAS

34. These statements have been subject to review procedures performed together with the review of the quarterly information with the objective to conclude whether they are reconciled to the interim financial information and the accounting records, as applicable, and if its format and content are in accordance with the criteria set forth by NBC TG 09 - Demonstração do Valor Adicionado. Based on our review, nothing has come to our attention that causes us to believe that they were not prepared, in all material respects, consistently with the overall interim financial information.

São Paulo, November 10, 2022.

ERNST & YOUNG

Auditores Independentes S/S Ltda.

CRC SP - 034519/O

Leonardo Lucas Heron Rebelo da Silva

Contador CRC PR - 057007/O

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Statements of financial position (In thousands of Brazilian Reais - R$)

			Parent Company		Consolidated
	Note	September		December	September		December
	30, 2022		31, 2021		30, 2022		31, 2021
Assets
Cash and cash equivalents	5.2		1,121,504		791,802		6,588,742		9,448,193
Marketable securities	5.3		29,080		109,664		863,091		1,425,897
Trade receivables	5.4		52,760		16,850		635,199		482,112
Derivative financial instruments	5.8		42,069		47,527		57,492		48,813
Inventories	5.10		1,621		1,576		219,465		228,923
Receivables from related parties	4.1		171,896		140,082		51,906		36,697
Income tax and social contribution recoverable			-		4,957		135,357		177,652
Other recoverable taxes	5.9		40,409		35,570		432,572		421,156
Dividends and interest on own capital receivable			302		682		438		42
Non-current assets held for sale	5.17		829,587		-		1,061,002		-
Other assets			12,576			12,318		111,998			111,759
Current			2,301,804			1,161,028		10,157,262		12,381,244
Trade receivables	5.4		-		-		19,472		21,204
Restricted cash	5.3		80		87		71,203		27,809
Income tax and social contribution recoverable			122,529		85,004		350,333		285,931
Deferred income tax and social contribution	5.14		-		-		1,748,433		1,662,572
Receivables from related parties	4.1		1,003,326		1,010,045		101,448		112,222
Other recoverable taxes	5.9		-		-		715,884		764,987
Judicial deposits	5.15		29,749		31,330		268,395		304,033
Derivative financial instruments	5.8		335,306		327,341		826,365		1,626,008
Other assets			11,196		2,877		49,808		39,552
Investments in subsidiaries and associates	5.11		18,868,042		19,470,074		79,157		57,844
Investment properties	5.12.1		175,950		180,534		-		-
Property, plant and equipment	5.12.2		154,112		152,280		16,526,906		15,974,562
Intangible assets	5.12.3		280,365		308,515		6,804,971		7,131,645
Right-of-use	5.12.4		50,080			-		7,798,881			7,784,941
Non-current			21,030,735		21,568,087		35,361,256		35,793,310
Total assets			23,332,539		22,729,115		45,518,518		48,174,554

The accompanying notes are an integral part of these interim financial statements.

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