Cosan SA (CSAN) This fall 2025 Earnings Name Transcript


Cosan S.A. (CSAN) This fall 2025 Earnings Name March 10, 2026 9:00 AM EDT

Firm Contributors

Fernando Tinel
Rafael Bergman – Chief Monetary & Investor Relations Officer
Marcelo Martins – CEO & Director

Convention Name Contributors

Gabriel Coelho Barra – Citigroup Inc., Analysis Division
Thiago Duarte – Banco BTG Pactual SA, Analysis Division
Matheus Enfeldt – UBS Funding Financial institution, Analysis Division
Regis Cardoso – XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários SA, Analysis Division
Bruno Amorim – Goldman Sachs Group, Inc., Analysis Division
Bruno Montanari – Morgan Stanley, Analysis Division
Lucas Ferreira – JPMorgan Chase & Co, Analysis Division

Presentation

Operator

Good morning, everybody, and thanks for ready. Welcome to Cosan’s Fourth Quarter 2025 Earnings Launch Convention Name. (Operator Directions) The convention name is being recorded and can be accessible on the corporate’s IR web site at cosan.com.br. (Operator Directions)

Please observe that the knowledge contained on this presentation and in statements which may be made in the course of the convention name concerning Cosan’s enterprise prospects, projections and working and monetary objectives are based mostly on beliefs and assumptions of the corporate’s Government Board in addition to info at present accessible. Ahead-looking issues should not a assure of efficiency as they contain dangers, uncertainties and assumptions and check with future occasions that will rely upon circumstances that will or could not materialize. Buyers ought to keep in mind that total financial circumstances, market circumstances and different working components could have an effect on Cosan’s future efficiency and result in outcomes that differ materially from these expressed in such forward-looking statements.

I will now flip it over to Mr. Fernando Tinel.

Fernando Tinel

Good morning, everybody, and welcome to Cosan’s Fourth Quarter 2025 Earnings Name. I might like to start by drawing your consideration to our customary disclaimer concerning forward-looking statements, estimates and projections which may be mentioned throughout this convention name.

Turning to the



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