MOVIDA PARTICIPAÇÕES S.A.

Publicly held Company

CNPJ/MF 21.314.559/0001-66

NIRE 35.300.472.101

MATERIAL FACT

Movida Participações S.A. (B3: MOVI3) ("Movida" or "Company"), in compliance with the provisions of article 157, paragraph 4 of Law No. 6,404/76 and CVM Resolution No. 44/21, communicates to its shareholders and the market in general that it will adopt guidance for 2024. As a demonstration of its commitment to generating value for shareholders, the Company formalizes the operational estimates that are part of its focus in executing the strategic planning for the year of 2024, as disclosed and discussed in the 2023 earnings presentation disclosed on March 25, 2024.

Rent-a-Car (RAC)

  • As the main strategy for improving the segment's profitability, the Company is focused on recomposing the daily price (yield) and believes it is possible to expand the average monthly yield of the RAC operational fleet to 4.2% per month in 2024, which would represent an increase of R$387 million in revenue per year.

¹Yield calculated by dividing the monthly revenue per operational car by the average fleet acquisition ticket in RAC.

Used Cars Sales

With a focus on maximizing productivity in the Used Cars Sales segment and enhancing margins, the Company believes it is possible to:

  • Increase retail sales of used vehicles to an average of 34 cars per store per month, which would represent an increase of 21% compared to the average in 2023; and
  • Reduce the discount applied to the FIPE table for used cars sales to 5.5% at retail and 16.5% at wholesale in 2024.

FIPE Discount

² Calculated by dividing the number of cars sold at retail and the average number of Used Cars stores per month.

³ Considers the difference between the selling price of used cars and the average price of the same car advertised according to FIPE.

Fleet Management and Outsourcing (GTF)

  • To increase the predictability and stability of results and boost the Company's consolidated profitability, Movida believes it is possible to expand the representation of the GTF segment to 60% of invested capital by the end of 2024, prioritizing capital allocation in this segment.

4 Proportion of gross fixed assets of vehicles considering implements allocated to each of the segments.

Movida continues to exercise great discipline in executing its strategic planning and focusing on operational excellence, thus extracting maximum value from its assets and promoting adequate value generation for its shareholders. The Company also prioritizes the satisfaction of its customers in an equation that guarantees the

sustainable development of its business.

São Paulo, April 12, 2024

Gustavo Henrique Paganoto Moscatelli

CEO and Investor Relations Officer

The projections now disclosed are the beliefs and assumptions of the Company's Management, as well as currently available information. The results expected for the future substantially depend on market conditions, government regulations, sector performance and the Brazilian economy, among other factors. Operating data may affect the Company's future performance and lead to results that differ materially from estimates, which are subject to risks and uncertainties and, therefore, do not constitute a promise of future performance.

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Disclaimer

Movida Participações SA published this content on 12 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2024 22:12:05 UTC.