Monique Greco

Gabriel Coelho Barra

Gustavo Sadka

Luiz Carvalho

Matheus Enfeldt

Pedro Soares

Regis Cardoso

Rodolfo De Angele

Rodrigo Reis de Almeida

Bruno Amarin

Bruno Amorim

Bruno Montadari

Bruno Montanari

Eduardo Munez

Gabriel Barra

Guilherme Martins

Leonardo Marcondes

Matteo Zhenfodet

Vicente Falanga

Vicente Falanga Neto

- **Ultrapar Participações S.A.** has signed an agreement to acquire a **37.5% stake** in **Virtu GNL Participações S.A.**.  **[1094972_0001554855-25-001889_MainDocument.htm:0]** 
- The total investment for the transaction is **R$ 102.5 million**, with **R$ 85.0 million** allocated as a capital contribution to Virtu.  **[1094972_0001554855-25-001889_MainDocument.htm:0]** 
- Virtu GNL specializes in **liquefied natural gas (LNG) logistics** and LNG-powered logistics services, focusing on replacing diesel with LNG in road transportation.  **[1094972_0001554855-25-001889_MainDocument.htm:0]** 
- This acquisition aligns with Ultrapar's strategy of investing in **new sectors with high growth and profitability potential**.  **[1094972_0001554855-25-001889_MainDocument.htm:0]** 
- The completion of the transaction is contingent on **regulatory approvals** and customary conditions.  **[1094972_0001554855-25-001889_MainDocument.htm:0]**

Ultrapar signs agreement to acquire stake in Virtu GNL

- Ultrapar Holdings completed a strategic portfolio review in 2021, divesting non-core assets and making Hydrovias its largest capital allocation since the Ipiranga acquisition.  **[1094972_2148772_23]** 
- The company reported strong financial performance in 2023 and 2024, reducing leverage from 3.5x to **2.5-3x EBITDA**, and aims for a **minimum 20% return on investment** for new projects despite current low Return on Invested Capital (ROIC).  **[1094972_2148772_21]** **[1094972_2148772_27]** 
- Key operational improvements include Ipiranga's logistics and ERP projects, expected to generate **BRL 250 million** and **BRL 200 million** in benefits respectively.  **[1094972_2148772_4]**  Ultracargo is expanding terminals to support ethanol growth  **[1094972_2148772_14]** , while Hydrovias is working to **double capacity** and expects a **50% increase in productivity** by addressing bottlenecks.  **[1094972_2148772_19]** **[1094972_2148772_21]** 
- Ultrapar is actively engaged in combating illegal market practices, which currently affect **7% of Brazil's market share** and **33% of the ethanol market**, while also navigating regulatory challenges related to taxation and biofuel policies.  **[1094972_2148772_2]**

Ultrapar Holdings Outlines Strategic Focus, Financial Performance, and Growth Initiatives at Investor Day 2025

- Ultrapar's subsidiary, Companhia Ultragaz S.A., received **unanimous and unconditional approval** from the Administrative Court for Economic Defense (CADE) on **August 20, 2025**, for a partnership with Supergasbrás Energia Ltda..  **[1094972_0001554855-25-001238_MainDocument.htm:0]** 
- This partnership is for the construction and operation of an LPG port terminal at the Port of Pecém, Ceará, Brazil, with an estimated storage capacity of **62 thousand tons**.  **[1094972_0001554855-25-001238_MainDocument.htm:0]** 
- The project involves investments of **R$ 1.2 billion**, equally shared between the parties, and is expected to be completed by **2028**.  **[1094972_0001554855-25-001238_MainDocument.htm:0]** 
- The terminal aims to enhance supply security for the LPG market in the North and Northeast regions of Brazil.  **[1094972_0001554855-25-001238_MainDocument.htm:0]**

Ultrapar Receives CADE Approval for LPG Port Terminal Project

ULTRAPAR HOLDINGS (UGP)