Plano & Plano Desenvolvimento Imobiliário S A : Institutional Presentation 4Q25

I N V E S T O R R E L A T I O N S

INSTITUTIONAL PRESENTATION

Listed on B3 Novo Mercado | PLPL3 2 0 2 5

Plano&Plano

Brief History

First associate credit agreement with Caixa Econômica Federal

Foundation of Plano&Plano

2006

2000

First “Minha Casa, Minha Vida” (MCMV) Projects

2012

2009

Plano&Plano DI Foundation

2019

2016

IPO at B3.

Creation of the ESG department.

2021

2020

Expansion of the Company’s product portfolio, resumption mid-income developments.

Creation of the ESG Committee

Partnership in the Casa Paulista program, São Paulo State’s housing subsidy initiative for low-income families.

2023

2022

Plano&Plano Institute Launch

New agreement signed by Pode Entrar

for development

of 1,907 housing units.

2025

2024

Top Imobiliário Achievements: 1st place as a constructor;

2nd as a developer; 3rd as a broker.

1997

First Quality Certifications: ISO 9001and

2001

Joint-venture with Cyrela Brazil Reality.

In-house sales team creation “Plano&Vendas”

Caixa Technical

Performance Level Certificate (NDT) Level 01;

Caixa Azul Seal Certificate (CEF).

Agreement signed with the Municipality of São Paulo for the development of 5,547 housing units as part

Certification under ISO 14001 and ISO 45001 standards, positioning us at a

PBQP-H Level A

Release of the

1st Sustainability Report

of the city’s social

housing program.

level of excellence in environmental and

occupational safety..

Top Imobiliário Achievements:

1st place as a developer; 2nd as a constructor;

5th as a broker.

Shareholder Structure

Rodrigo Luna 23.3%

Rodrigo von 15.5%

Cyrela 33.4%

Treasury 0.5%

Others 27.3%

Source: February 28, 2026.

Delivering Outstanding and Consistent Growth

LAUNCHES |

CAGR100%2022-2025 = 43.5%

CAGR%PLPL 2022-2025 = 41.1%

MAIN HIGHLIGHTS

BRL mm

1,805

1,707

2022

3,344

2,946

2023

Growth: 2.9x

3,867

163

3,704

2024

5,338

4,793

545

2025

GROWTH:

Sustainable expansion with a focus on resilience and risk management.

FINANCIAL EFFICIENCY:

Robust budgeting practices and disciplined cost management.

TECHNOLOGY:

%Plano&Plano

100%

NET SALES | CAGR100%2022-2025 = 36.7%

Solutions like BIM² and Salesforce driving construction and sales performance.

BRL mm

CAGR%PLPL 2022-2025 = 33.4%

Growth: 2.1x

3,159

3,377

3,944

373

4,317

HUMAN RESOURCES:

Engineering school, leadership development, performance evoluation and succession planning

1,690

1,660

3,071

246

GOVERNANCE:

Statutory Audit Committee, Compliance, Board of Directors, and Fiscal Council with experience and an increasing focus on ESG.

2,825

. 2022

2023

2024

2025 5

Note: ¹CAGR: Compound Annual Growth Rate; ²BIM – Building Information Modelling.

Positive Fundamentals at Macro, Industry and Company Levels

MACRO & INDUSTRY

MCMV¹ PROGRAM

Financed by Caixa Econômica Federal with more favorable terms than prevailing market conditions.

In 2024, Tier 1 received fiscal incentive ith significant change due to MCMV;

Subsequently, Tier 4 was introduced, covering products ranging from BRL 350,000 to BRL 500,000 for families with an income up to BRL 12,000.

São Paulo’s housing program

PODE ENTRAR: the Company has contracted over BRL 1 billion with 5,547 units since 2023.

CDHU: in December 2025, the Company entered into a new project with CDHU with a PSV of BRL 56 million.

Note: ¹MCMV refers to Minha Casa Minha Vida.

PLANO&PLANO

Robust platform, well-positioned in the largest real estate market in Brazil

Proven construction capacity

Sizeable landbank ready to capture growth

Aligned management and Reference² shareholders

Benefiting from economy of scale

One-Stop-Shop Solution as a Real Estate Developer

Solid operational processes support the success of Plano&Plano’s platform

Verticalization of Company’s operations results in fixed costs dilution and superior quality

DEVELOPMENT

Planning and cost management

Landbank selection based on market analysis and business intelligence through the use of supply and demand data by region in the city of São Paulo

Plano&Plano’s solid development capabilities enable unique and innovative projects that meet local market demands

CONSTRUCTION

Delivering projects on schedule with mastered construction techniques

Experienced team of 1,318¹ direct employees focused on construction management

Solid budgeting techniques and strict cost control, Investment in BIM (Building Information Modelling)

High level of efficiency and delivery satisfaction

Flexibility in different types of landplots

SALES

Online channel boosting apartments sell-out, supporting controlled customer acquisition cost

Team of approximately 5,000 associate brokers

Partnerships with medium and large-sized brokers

The online platform supports sales by generating new leads and providing comprehensive content on products and financing options

The verticalized solutiofi drives performafice for both the compafiy afid the customer.

Note: ¹Based on 12/31/2025.

Well-positioned in the largest real estate market in Brazil, with ~20% of Units Sold¹

State of SP:

of Brazil’s GDP5

Strong Leadership in the

São Paulo Metropolitan Area³

Plano&Plano’s MCMV Market Share

Launches

19%

81%

of São Paulo

State GDP5

Plano&Plano

Others

Units sold

20%

Population2 GDP²

Housing Deficit (Units) in Metropolitan Region of São Paulo

Housing Deficit (Units) in the City of São Paulo

80%

Source: Plano&Plano, Secovi, Seade and Fundação João Pinheiro (2023)

Note: ¹Considers sold units under the MCMV program in the city of São Paulo; ²Considers metropolitan area of São Paulo; ³Secovi based on 12/2025; 4Refers to the state of São Paulo, representing 31% of the GDP of Brazil; 5Refers to the Metropolitan Area of São Paulo, representing 50% of the GDP of the state

Plano&Plano

Others

Plano&Plano’s Portfolio

Super Economical Economical

Economical

Medium

Up to BRL 264 Thousand Up to BRL 264 Thousand

Up to BRL 350 Thousand

Up to BRL 500 Thousand

Tier 1 Tier 2 Tier 3 Tier 4

MCMV MCMV

MCMV

MCMV | Mid-Income

Up to BRL 2,850 From BRL 2,850 to BRL 4,700 From BRL 4,700 to BRL 8,600 From BRL 8,600 to BRL 12,000

85% of housing deficit in Brazil

Ticket Financing Household income 9

Landbank Ready to Capture Growth &

Fully Aligned with Company’s Targeted Income Levels

Strategic landbank footprint with sharp focus on locations with high infrastructure and close to the main transportation axes

BRL 34.6 bn

LANDBANK – total sales potential 100%

1.3 million m² total area

134 thousand

POTENTIAL LAUNCHES IN UNITS

5.6 million m²

94% OF THE NUMBER OF LOTS AND POTENTIAL GROSS SALES VALUE LOCATED IN THE CITY

OF SÃO PAULO

TOTAL POTENTIAL CONSTRUCTION AREA

Strategic Reach in São Paulo with Diverse and well-located projects, targeting low and middle-income clients

– including premium areas. 10

Source: FipeZap. ¹As per data disclosed in the Company’s Operational Preview for 4Q25.

Indicators

41 41

+63%

49 53

63 67

67 ACTIVE CONSTRUCTION SITES

2020 2021 2022 2023 2024 2025

42.5 thousand

+183%

24.1

31.4

42.5

UNITS UNDER CONSTRUCTION

19.4

15.0 15.7

2020 2021 2022 2023 2024 2025

Strong Customer-Centric Culture has Placed Plano&Plano at the Top Satisfaction Rating Among the MCMV Players

Pillars that Sustain Best-in-Class Customer-Centric Culture

Customer Satisfaction

Total focus on customer experience, from the

first contact to final delivery

great

RA 1000

4Q24 1Q25

Multidisciplinary committees focused on optimizing and continuously improving customer service

NPS

2Q24 3Q24

2Q25

3Q25

4Q25

31,997

39,166

47,738

62,321

76,929

93,250

2020

2021

2022

2023

2024

2025

Key Handover Celebration

Quality

Excellence

Client Base

Complete Real Estate Developer & Selling Platform

Robust sales platform backed by a network of associate brokers, partnerships with regional mid-size and large independent brokers

Multi-channel approach to client and realtor interactions

Sales Originated Online in 2025

Website Access 1.9 mm

Contacts originated

on-line 385k

Unit sales originated online 8,9k

PSV sales originated online BRL 2.2 bi

BRL

405 mm

BRL

669 mm

BRL

871 mm

BRL

1.2 bn

BRL

1.6 bn

BRL

2.2 bn

Plano&Vendas / Plano&House (Associate Brokers)

~82%¹

of total sales

Mid-size and large independent

brokers managed by:

~18%¹

of total sales

2020 2021 2022 2023

2024

2025

+Five Thousand

Associate Brokers

Note: Based on 12/31/2025.

Mastered in Construction Techniques

One-stop Shop Solution as a Real Estate Developer

Plano&Plano has construction techniques developed over the course of more than two decades

Standard processes and tailor-made developments

Load Bearing Masonry Technique

High Quality Standard

Project flexibility

Process Optimization

Construction Flexibility

Maximization of Building Efficiency Ratio

Longstanding Relationship with Contractors

Low level of repairs / redo’s

High predictability of deliveries

Lower differences vs. budget

Flexibility to adapt to different market demands and types of land plots

Maximizing Construction Efficiency

Higher productivity

Higher quality of labor

Less time spent training Plano&Plano’s

techniques to new employees

100%

of projects delivered within

contract deadline

Maximizing Total Constructed Area

~71%

project efficiency1

15+ years

of relationship with the main contractors

BRL 260 million

of accumulated cost savingssince 2020³

Higher customer satisfaction with

92.4%

of approvalon the 1st inspection²

Certifications obtained: Evidencefor qualityand technical level

NDT – 1

(Caixa Econômica Federal)

Note: ¹Sales area as a percentage of constructed area; ²Based on 12/31/2025; ³Based on 12/31/2025.

Operational Efficiency that Promotes Sustainable Profitability

INCC DI in 2025

Nominal Brazil reais

and % of cost savings

INCC1 – DI (%)

8.8%

13.8%

9.3%

6.5% 5,9%

BRL mm – % per year

7.7%

59 5.9%

5.4%

4.5%

4.0%

3,0%

Cost savings at ~ BRL 260

3.5%

27 29 29

mm in over 6 years (2020-

2025), averaging 5.2% of total cost

2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025

Adjusted Gross Margin²

38,5%

33,3%

Stable gross margins, even in an inflationary

environment, through efficient internal controls

36,3% 35,2%

31,4% 35,9% 34,1%

30,5%

33,8%

32,1%

Resilient gross margins, with records over 30% for almost the entire period over the last 6 years

27,0%

22,9%

2020 2021 2022 2023 2024 2025

Total Public Market Private Market

Source: Fundação Getúlio Vargas

Note: ¹INCC refers to “Índice Nacional de Custo da Construção” (National Construction Cost Index); ²Adjusted for capitalized interest. ³ Updated by INCC.

Increasing Efficiency Over Inventory…

Net Sales (BRLmm, 100%) & Average Unit Price (BRL000′)

(INCLUDING PUBLIC MARKET)

230

212

197

179 183

3,071 3,377

263

4,317

290

240

190

140

Inventory (BRLmm) & Sales Over Supply (LTM %)

(INCLUDING PUBLIC MARKET)

55.8% 53.0% 52,3%

6.000

39.2% 43.5%

32.7%

5.000

3,896

4.000

2,904

50, 0%

30, 0%

10, 0%

874

1,327

1,690

3.000

2.000

1,925 2,095

2,253

2,479

-10,0%

-30,0%

1.000

2020 2021 2022 2023 2024 2025

Net Sales Average Price

-10

–

Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25

Inventory SOS

-50,0%

Capital Structure

Gross Debt¹

BRL 1.1 bi

Associative Credit

22.6%

amortization next five years including all of 2031

77.4%

Corporate Credit

Amortization Schedule²

(BRL million)

133

135

210

Goal: Net Debt/Equity below 20%

S&P Corporate Rating: AA+, initially assigned in Jun/24 and reaffirmed in Jul/25.

341

245

2026 2027 2028 2029 2030 >2031

Note: ¹Base date: Dec/25. ²Net Debt corresponds to the sum of onerous debts in the Issuer’s consolidated balance sheet less cash and cash equivalents (sum of cash plus financial investments) 17

less SFH Debt and FGTS Debt.

…Translating into Robust Growth & Strong Profitability

Launches (100% P&P) & Net Revenues

(INCLUDING PUBLIC MARKET)

1.805

Launches

Net Revenues

3.344 3.867

2.072 2.589

5.337

3.282

1.433

901

1.462

1.271 1.492

2020 2021 2022 2023 2024 2025

Adjusted Gross Profit and Adjusted Gross Margin

% Gross Margin % Private Market % Public Market

Private Market

Public Market

38.5%

33.3%

31.4%

36.3%

35.9%

30.5%

35.2%

34.1%

27.0%

33.8%

32.1%

22.9%

1,054

744 883

113

37 93

349 423 468 707 790 941

Source: Plano&Plano

2020

2021

2022

2023

2024

2025 18

Note: 1. Net income over the LTM / average of shareholder’s equity over the same period

…Translating into Robust Growth & Strong Profitability

Net Income & Net Margin

Margin 100% Margin %Plano&Plano

Net Income 100%

Net Income %Plano&Plano

14.7%

13.4%

13.0%

15.1%

13.3%

12.9%

11.0%

10.6%

9.0%

277 391 423

8 47

132 135 134

269 344 362

2020 2021 2022 2023 2024 2025

Return on Equity (ROE)

Net Income Average Equity ROE

81,0% 49,4% 36,8% 52,3% 47,0% 38,7%

732

935

132

163

274 363

135 134

514

269 344 362

2020 2021 2022 2023 2024 2025¹

Source: Plano&Plano

Note: 1. Net income over the LTM / average of shareholder’s equity over the same period

Construction Expenses – 24 vs 36 Month Cycle

C o n s t r u c t i o n E x p e n s e s f o r

P r o j e c t s i n t h e 2 4 – M o n t h C y c l e L a u n c h e d u p t o D e c / 2 3

C o n s t r u c t i o n E x p e n s e s f o r P r o j e c t s

L a u n c h e d a f t e r J a n / 2 4 ( C o m p a r i s o n o f t h e

2 4 – a n d 3 6 – M o n t h C y c l e )

C o n s t r u c t i o n E x p e n s e s f o r A l l P r o j e c t s

( I n f l e x i o n P o i n t i n 1 Q 2 5 )

Expenses in BRL million per quarter

100

1Q24

2Q24

3Q24

4Q24

1Q25

2Q25

3Q25

4Q25

1Q24

2Q24

3Q24

4Q24

1Q25

2Q25

3Q25

4Q25

1Q24

2Q24

3Q24

4Q24

1Q25

2Q25

3Q25

4Q25

0 0 0

Construction Expenses of Projects (BRL/quarter; 1Q24 = base 100) 1T24 igual base 100)

Construction Cost 24 – Month Timeline Estimated 36 – Month Curve (1Q24 = Base 10)

24 and 36 – month curves (BRL/quarte; 1Q24 = base 100)

Plano & Plano Desenvolvimento Imobiliário S A : Institutional Presentation 4Q25

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