• Raízen’s federal tax settlement covers about R$ 22.4 billion in liabilities, leaving R$ 2.5 billion payable in the 2026/27 crop year.
• Haircuts and tax-loss offsets total about R$ 14.2 billion, reducing the company’s covered liabilities by approximately 85%.
• Projected adjusted EBITDA excluding Argentina reaches R$ 13.1 billion, with operating cash flow of R$ 7 billion.
• Cash flow projections include R$ 6.2 billion in divestment proceeds and a R$ 3.5 billion capital injection.
• Net cash generation is projected at R$ 5.4 billion, bringing period-end cash to R$ 18.1 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raizen SA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.