SHUL3: quote, dividends and indicators for Schulz

Schulz S.A. is a publicly traded corporation based in Joinville (SC), with shares traded on B3 under the tickers SHUL3 and SHUL4. Founded on June 12, 1963 by Heinz Schulz and a group of partners, the company started out focused on the metallurgical industry and, over the decades, built an integrated manufacturing complex that includes casting, machining, painting and compressor manufacturing. The company structures its activities into two major business units, Schulz Automotiva and Schulz Compressores, combining heavy industrial operations with the supply of equipment, tools and compressed air solutions for multiple segments. With around 3.2 thousand employees, a total area of 872 thousand m² and 195 thousand m² of built area, Schulz has developed a vertically integrated production model for certain strategic components and maintains a significant base of industrial assets in Joinville.

Schulz’s business model is anchored in the capital goods industry and components for the heavy automotive chain, organized into two operating segments reported as Industry and Commerce. The Industry segment comprises the manufacture of compressors, specific electric motors, tools, equipment and automotive parts that are cast, machined and assembled, as well as associated machining, painting, installation, maintenance and technical assistance services. The Commerce segment encompasses the distribution of these products through a broad network of resellers, distributors, logistics centers and commercial structures in Brazil and abroad. The company also works with rental of compressors and other equipment, sale of greases and lubricating oils for its products and equity interests in other companies, including for the purpose of taking advantage of tax incentives, complementing recurring revenue generation with services and integrated solutions.

In the Schulz Compressores unit, the company operates in the industrial, professional and residential segments and is considered one of the most complete air compressor factories in terms of portfolio. The product line covers solutions for the generation, treatment and use of compressed air, including piston, screw, diaphragm and scroll compressors, air dryers, filters, condensate separators, pneumatic, electric and hand tools, motor pumps, high-pressure washers, vacuum cleaners, lubricants and various accessories, totaling more than 5 thousand active SKUs. One highlight is the screw compressors with permanent magnet motors, developed to achieve energy efficiency gains, and the oil-free screw compressors, aimed at applications requiring higher purity compressed air. Schulz has its own engineering and embedded technology in the compressors area, with ISO 9001:2015 and ISO 14001:2015 certifications and technical seals such as INMETRO, IRAM, ASME, UL, CSA and registered trademarks linked to different product lines.

The merger of Janus e Pergher Ltda., transformed into Schulz Soluções em Gases in 2025, expanded the scope of Schulz Compressores to the market for machinery and equipment for the generation of industrial and medical gases, including biogas and biomethane. This activity is integrated with the compressed air business, since the generation of industrial gases requires dry, treated air as a raw material, allowing the company to offer complete solutions from the generation of compressed air to the production of gases such as nitrogen and oxygen. Domestic manufacturing of this equipment facilitates access to long-term financing lines, such as FINAME and BNDES, both for the company itself and its customers. In parallel, the company maintains important distribution and market relationship assets: more than 8 thousand resellers and distributors, supported by a technical assistance network with more than one thousand service centers in Brazil and abroad, a Schulz Store as a concept store in Joinville, and commercial structures focused on direct sales for more complex industrial applications, such as compressed air centers.

In Schulz Automotiva, the company has operated since 1979 in the casting of ductile and gray iron, with machining, painting and assembly of heavy, medium and light parts for the global heavy automotive segment. The unit mainly serves truck, bus, agricultural machinery, construction equipment manufacturers and wind turbine generator manufacturers, supplying components such as wheel hubs, transmission and axle housings, cab mounts, slew rings, multifunctional brackets, bearings, covers and other safety and high-performance items. The installed capacity of 175 thousand tons per year of finished parts is supported by electric induction furnaces, its own 138 kV substation and automatic systems that ensure precision in metal composition, reducing variations in mechanical properties. The division also operates in the aftermarket (IAM) with a portfolio of more than one thousand items for pneumatic brake systems for trucks, utility vehicles and road implements and, through Schulz Tech, began offering fleet management solutions with real-time tire monitoring, tracking and control of operating variables for urban and highway transport, industrial applications and agribusiness. Schulz Automotiva is certified by DQS under standards ISO 9001:2015, IATF 16949:2016, ISO 14001:2015 and TISAX, reinforcing specific requirements of the automotive chain and information security.

Schulz’s geographical presence combines a strong production base in Santa Catarina with international expansion focused on logistics and commercialization. In Brazil, industrial and logistics units are concentrated in Joinville, including headquarters, compressor factories, casting plant for medium and light parts, automotive machining plants, automotive and compressor logistics centers, as well as the technological innovation center located in the Ágora Tech Park. There is also a sales office in São Paulo. Abroad, the structure includes a logistics and sales center for compressors in Atlanta (United States), a branch in California, bonded warehouses in the United States, Canada, France, Sweden and other European countries, as well as a trading company and compressor factory in Shanghai, China. The Schulz brand reaches more than 70 countries. In 2025, approximately 76.7% of net revenue was generated in Brazil, while the remaining 23.3% came from foreign markets, especially the United States, France, Sweden, Poland and Germany. There are no individual customers that represent more than 10% of net revenue, which indicates a revenue base diversified across customers and regions.

Government regulation is more relevant regarding environmental aspects, product safety and technical certifications than in relation to specific concessions or authorizations, since the company operates in sectors with free competition and does not depend on special government licenses to operate. In the environmental field, Schulz reports that industrial waste is treated in accordance with current legislation, with disposal of heavy waste in locations defined by the municipal government and under oversight by the competent authorities. The company periodically hires specialized firms to monitor air pollutants, especially in the casting area of the automotive division, and has no record of significant shutdowns due to environmental issues. Obtaining quality and environmental certifications, such as ISO 9001 and ISO 14001, as well as specific certifications for pressure vessels and equipment safety, meets the requirements of different markets and customers, including abroad, where, according to the company, there are no significant regulatory barriers that prevent the export of its products.

Regarding environmental, social and governance (ESG) practices, Schulz publishes an annual Sustainability Report based on GRI (Global Reporting Initiative) standards, in which it presents a materiality matrix, key performance indicators and a greenhouse gas emissions inventory. Material topics are organized into three pillars: environmental responsibility, business continuity and care for people, covering issues such as water, energy, climate change, waste, responsible supply chain, compliance, ethical conduct, risk management, stakeholder engagement, diversity, equity and inclusion, health and safety, and training and development. The company conducts emissions inventories that include direct and indirect emissions associated with energy consumption and declares a commitment to continuously improving its management system, focusing on regulatory compliance, reduction of environmental impacts, product safety and employee engagement. ESG information is not yet subject to independent assurance, but the company indicates plans to submit its reports to external audit or review in future cycles, in line with emerging regulatory requirements. In this context, Schulz, through the SHUL3 and SHUL4 shares traded on B3, is part of the universe of Brazilian industrial companies that have been gradually incorporating transparency and sustainability frameworks into their long-term strategy.