AMOB3

Automob Participações S.A. is a company within the SIMPAR Group that consolidates the group’s dealerships for light and heavy vehicles, machinery and equipment. Originally incorporated in November 2019 under the name Vamos Comércio de Máquinas Linha Amarela S.A., the company was created with the purpose of organizing and consolidating, through subsidiaries, operations in the sale and resale of trucks, tractors, machinery and equipment. The change in scope and scale took place following the corporate reorganization involving Vamos Locação de Caminhões, Máquinas e Equipamentos S.A. and Automob S.A., culminating in the combination of the group’s dealership businesses. On November 27, 2024, the company obtained its category “A” public company registration with the CVM and its shares, under the ticker AMOB3, began to be listed and traded on B3 S.A. – Brasil, Bolsa, Balcão.

The transaction that consolidated Automob’s current profile was completed on December 31, 2024, with the merger of the former Automob S.A. into the holding company, unifying businesses previously focused on heavy vehicles with the light-vehicle platform. The result was the formation of one of the largest dealership groups in Brazil in terms of physical network, covering light vehicles, trucks, buses, agricultural machinery and construction equipment. At the end of 2024, the company had a diversified network of 192 stores, of which 132 were light-vehicle dealerships and 60 heavy-vehicle dealerships, spread across different states. This corporate structure enabled scale gains, standardized management and stronger relationships with multiple global automakers, while preserving the independence of the brands and dealership banners.

Automob’s business model is based on operating as a large multi-brand dealership group, with significant presence in both light- and heavy-vehicle segments. The company and its subsidiaries sell new and used vehicles, passenger cars, light commercial vehicles and motorcycles, as well as trucks, tractors, agricultural machinery and construction equipment. Revenue comes from vehicle sales, resale of used vehicles, the sale of parts and accessories and the provision of after-sales services such as mechanical work, bodywork, painting, maintenance and repairs. In 2024, the light-vehicle segment accounted for 77.2% of consolidated net revenue, while the heavy-vehicle segment represented 22.8%, evidencing the economic predominance of the light-vehicle operation within the portfolio. AMOB3 shares reflect this integrated profile of automotive and equipment retail through an operational dealership holding company traded on the Brazilian stock exchange.

In the light-vehicle business, Automob operates through several networks and banners, including Original Veículos, AR Motors, T-Drive, Euro Import, Autostar, Green Veículos, Alta, Best Points (H-Point, R-Point and Sonervig groups), Quality and SeuCarro.com. In December 2024, the company operated 132 light-vehicle dealerships, representing 27 brands, including volume automakers and premium, luxury and motorcycle brands. Original São Paulo is one of the largest Volkswagen networks in the country, with 30 dealerships that also include BYD, Citroën, Fiat, GWM, Jeep, Peugeot and RAM stores, as well as used-vehicle stores, all in the state of São Paulo. Original Maranhão, UAB Motors, Autostar, Grupo Green, Nova Quality, Alta and Best Point complement the platform with brands such as BMW, MINI, Volvo, Jaguar, Land Rover, Honda, Toyota, General Motors, Renault, Kia, Yamaha, Harley-Davidson, Triumph, KTM, Ford, among others, across São Paulo, Paraná, Santa Catarina and Maranhão. The SeuCarro.com operation, in turn, specializes in used-vehicle resale with 13 dedicated stores.

Automob’s heavy-vehicle segment groups dealerships for trucks, buses, agricultural machinery and construction and handling equipment, operated by subsidiaries such as Transrio, Tietê Veículos, Vamos Comércio de Máquinas Agrícolas, Vamos Máquinas e Equipamentos, DHL Distribuidora de Peças e Serviços and HM Comércio e Manutenção de Empilhadeiras. As of December 2024, there were 60 heavy-vehicle stores representing five main brands: Komatsu, Valtra, HM, Fendt and Volkswagen. The Transrio and Tietê networks concentrate operations for Volkswagen/MAN trucks and buses, covering 20 stores in states such as Rio Grande do Sul, São Paulo, Rio de Janeiro, Tocantins, Mato Grosso and Sergipe, focused on sales of new and used vehicles, parts and maintenance services. The Agromob vertical, with 34 Valtra and Fendt stores in Minas Gerais, Goiás, Mato Grosso, Mato Grosso do Sul and Paraná, is focused on tractors and agricultural machinery. The Komatsu and HM dealerships, grouped in the Vamos Máquinas e Equipamentos operation, serve the heavy-machinery market in Midwestern states, while the Bomag brand was added to the portfolio of compaction equipment in 2024.

From an operational standpoint, Automob structures its businesses into two segments: heavy-vehicle dealerships and light-vehicle dealerships. In the light-vehicle stores, the company sells new and used vehicles, motorcycles and electric vehicles, and also offers parts, accessories, workshop services, bodywork and painting, armored-vehicle services and brokerage of financing and insurance. In the heavy-vehicle segment, dealerships sell new and used trucks, machinery and equipment, parts and accessories, as well as specialized maintenance services. In both areas, operations are working-capital and inventory intensive, requiring careful selection of the vehicle mix and the use of technology to optimize inventory turnover, pricing, productivity indicators and monetization of complementary services such as financing, insurance, consortium plans and after-sales. Indicators such as sales per salesperson, sales per store, days of inventory, customer retention in workshops and average ticket for complementary products are monitored to measure performance by unit.

Relationships with automakers are structured through dealership agreements that govern brand exclusivity in certain locations, service standards, sales volumes and targets, technical support, training and commercial terms. In general, automakers are responsible for institutional marketing and provide operational and financial support, including subsidized credit lines and bonuses, while Automob maintains minimum inventories of vehicles and parts and operates the sales and service network. These contracts are essential for the development of activities, as they allow the use of manufacturers’ brands, the sale of their products and the provision of authorized technical assistance. The company complements this structure with automotive repair centers and an armoring unit, expanding the range of services offered to the same customer base and reinforcing the recurrence of after-sales revenue.

Automob concentrates all of its revenue in the Brazilian market, with no revenue generated abroad through 2024, and has a diversified customer base, with no single buyer accounting for more than 10% of net revenue. Operations are subject to municipal, state and federal laws and regulations, requiring operating permits, safety reports, fire department inspection certificates, environmental licenses and other documents to operate each unit. The company states that it maintains the process of obtaining and renewing these authorizations for all dealerships, under penalty of sanctions such as fines, shutdowns or license cancellations in case of non-compliance. In environmental and social matters, operations are subject to legislation on environmental protection, waste management, emissions and rules related to human rights and responsibility for direct and indirect impacts along the value chain.

In terms of environmental, social and governance practices, Automob’s information is reported in the Integrated Annual Report of its parent company SIMPAR, prepared in accordance with international guidelines such as GRI, SASB, Integrated Reporting and TCFD and assured by an independent auditor. The report is based on a materiality matrix that includes topics such as financial balance and growth, people development and human rights, governance and transparency, customer relations, climate strategy and environmental management, health and safety, innovation and impact on communities and the value chain. SIMPAR prepares and publishes a greenhouse gas emissions inventory based on the GHG Protocol, maintaining a Gold seal for transparency in the Public Emissions Registry since 2019. As a subsidiary, Automob is included in this reporting system, which influences the management of climate, environmental, social and governance risks in conducting the automotive dealership business reflected in AMOB3 shares listed on B3.