Operational

Preview

1Q24

RDNI3

Investor Relations:

Gustavo Félix

Fabiano Valese

E-mail: rni.ri@rni.com.br

CEO

CFO & IRO

(11) 98206.8463

Henrique Ravazzi

Website: ri.rni.com.br

IR Manager

OPERATIONAL PREVIEW 1Q24

São José do Rio Preto, April 24, 2024: RNI Negócios Imobiliários (B3: RDNI3) announces its preliminary unaudited operating results for the first quarter of 2024 (1Q24). Data in this preliminary report is subject to audit and eventual alterations.

GROSS SALES of R$213 million in 1Q24, an increase of 8% from 4Q23. Gross Inventory Turnover Ratio (VSO) was 28%, up 5.1 p.p. from 4Q23 and 7.1% from 1Q23;

AVERAGE PRICE of My Home My Life (MHML) products was R$222 million in 1Q24, 8% higher than in 1Q23;

NET SALES of R$140 million, up 224% from 4Q23. Net Inventory Turnover Ratio (VSO) was 19%, up 13.1 p.p. from 4Q23 and 4.1% from 1Q23;

LANDBANK ended 1Q24 with Potential Sales Value (PSV) of R$5.2 billion, remaining stable in relation to 4Q23.

EVOLUTION OF AVERAGE PRICE - MHML

100% PSV - R$ million

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OPERATIONAL PREVIEW 1Q24

LAUNCHES

Considering all the changes implemented in late 2023, the Company, as planned, decided to focus on monetizing the non-strategic assets and on reducing its inventory and, hence, there were no launches in the first quarter of 2024.

We believe that the commitment to strategic planning established last year is crucial for our long-term sustainable development. The Company maintains a robust landbank and the approved projects that are ready for launch are awaiting an opportune moment for launch.

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OPERATIONAL PREVIEW 1Q24

CONTRACTED SALES

In the first quarter of 2024, gross sales totaled R$213 million, up 8% from 4Q23. Average sales price of My Home My Life products was R$222,000, increasing 8% from 1Q23 but remaining stable in relation to 4Q23.

Cancellations decreased 53% from 4Q23 and 10% from 1Q23, which once again underlines the advances brought by a revision of our policies last year, which resulted in the renovation of our portfolios.

Net sales amounted to R$140 million in 1Q24, representing growth of 224% from 4Q23. Net VSO in the quarter was 19%, up 4.1 p.p. from 1Q23 and 13.1 p.p. from 4Q23.

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OPERATIONAL PREVIEW 1Q24

GROSS SALES

100% PSV - R$ million

CANCELLATIONS

100% PSV - R$ Million

NET SALES

100% PSV - R$ million

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OPERATIONAL PREVIEW 1Q24

INVENTORY

We ended 1Q24 with total inventory of R$630 million, broken down as follows: 56% MHML products, 37% SBPE and 7% subdivision projects. Of this amount, 84% refers to ongoing projects, while only 16% corresponds to projects already completed.

Note that the inventory of finished units (%RNI) represents only 4% of total inventory.

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OPERATIONAL PREVIEW 1Q24

TRANSFER TO BANKS OF CLIENT BALANCES / OFF-PLAN PROPERTIES

In 1Q24, transfers of client balances and off-plan properties in MHML and SBPE categories totaled R$82 million, declining slightly by 3% from 4Q23, resulting in 436 units transferred during the period.

It is important to mention the significant growth of 45% in the transfer of units of the SBPE product compared to 1Q23, which highlights the progress of the governance efforts started in 3Q23, with the renovation of portfolios, especially those targeted at SBPE products suitable for transfer.

TRANSFERS OF CLIENT BALANCES/OFF-PLAN PROPERTIES

100% PSV - R$ million

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OPERATIONAL PREVIEW 1Q24

LANDBANK

On March 31, 2024, RNI's landbank totaled R$5.2 billion, remaining stable in relation to the landbank at the end of 2023.Compared to 1Q23, landbank decreased 20% due to the launch made last year and the review and qualification of areas that are no longer aligned with the Company's strategic guidelines - an initiative rolled out in late 2023.

Note that our current landbank comprises 77% of the land earmarked for MHML products (Range 3 and 2 - Horizontal and Vertical), and 23% for SBPE products (Horizontal), representing a total of 23,279 units.

BREAKDOWN OF LANDBANK

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OPERATIONAL PREVIEW 1Q24

About RNI

Founded in São José do Rio Preto (SP) in 1991, the builder and developer RNI is part of Empresas Rodobens, one of Brazil's largest business groups with operations in the finance and automotive retail segments - bank, consortium, insurance brokerage, leasing and rentals, automobiles and commercial vehicles. With the mission of multiplying high-quality real estate projects all over Brazil, thereby transforming and developing the regions where it operates, the Company has launched 205 projects in 61 cities across 12 states. A publicly held company since 2007, it has launched more than 79,000 units, with total built area of 7.5 million m². RNI also participates in the Brazilian government's My Home My Life housing program.

rni.com.br / ri.rni.com.br

Press information

RNI - RPMA Comunicação

Claudio Monteiro - rni@rpmacomunicacao.com.br

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RNI Negócios Imobiliários SA published this content on 24 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 12:16:36 UTC.