OI

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 1.53 B1.57 B1.71 B1.65 B1.5 B 6.43 B Gross profit 209 M280 M299 M300 M230 M 1.11 B Operating expenses 441 M204 M232 M180 M345 M 961 M Selling/general/admin expenses 109 M109 M106 M105 M114 M 434 M Research & development 19 M13 M11 M8 M10 M 42 M Operating income -126 M18 M7 M58 M-306 M -223 M Non-Operating Income, Total -1 M-1 M-8 M-6 M11 M -4 M Interest expense, net of interest capitalized 83 M81 M85 M91 M84 M 341 M Non-Operating Income, excl. Interest Expenses -82 M-81 M-88 M-95 M-84 M -348 M Unusual income/expense -2 M-1 M-5 M-2 M11 M 3 M Pretax income 136 M209 M225 M235 M-718 M -49 M Equity in earnings 4 M23 M28 M31 M37 M 119 M Taxes 24 M30 M6 M21 M-3 M 54 M Non-controlling/minority interest 5 M4 M6 M7 M9 M 26 M After tax other income/expense ————— — Net income before discontinued operations -155 M-16 M-5 M30 M-138 M -129 M Discontinued operations ————— — Net income -155 M-16 M-5 M30 M-138 M -129 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -155 M-16 M-5 M30 M-138 M -129 M Basic earnings per share (Basic EPS) -1-0.1-0.030.19-0.9 -0.84 Diluted earnings per share (Diluted EPS) -0.98-0.1-0.030.19-0.9 -0.84 Average basic shares outstanding 154.55 M153.71 M153.99 M153.57 M153.55 M 614.82 M Diluted shares outstanding 154.55 M153.71 M153.99 M155.22 M153.55 M 616.47 M EBITDA -115 M191 M185 M240 M11 M 627 M EBIT -232 M76 M67 M120 M-115 M 148 M Cost of revenue 1.32 B1.29 B1.41 B1.35 B1.27 B 5.32 B Other cost of goods sold ————— — Depreciation & amortization (cash flow) 117 M115 M118 M120 M126 M 479 M