Santos Brasil Participações S A : Appendices book 2023

APPENDICES

BOOK

2023

2023 Sustainability Report - Appendices Book	page 2

Table of Contents

GRI APPENDICES	3
GRI 2: General Content 2021	4
GRI 3: Material Topics 2021	13
GRI 201: Economic Performance 2016	13
GRI 203: Indirect Economic Impact 2016	13
GRI 205: Combating corruption 2016	14
GRI 206: Anti-competitive behavior 2016	15
GRI 302: Energy 2016	15
GRI 303: Water and Effluents 2018	17
GRI 304: Biodiversity 2016	18
GRI 305: Emissions 2016	19
GRI 306: Waste 2020	22
GRI 308: 2016 Environmental Assessment	29
GRI 401: Employment 2016	30

GRI 402: Work Relations 2016	31
GRI 403: Occupational Health and Safety 2018	31
GRI 404: Training and Education 2016	37
GRI 405: Diversity and Equal Opportunities 2016 38
GRI 406: Non-Discrimination 2016	42
GRI 407: Freedom of Association and Collective
Bargaining 2016	42
GRI 408: Child Labor 2016	42
GRI 409: Forced or Slave-like Labor 2016	42
GRI 410: Safety Practices 2016	43
GRI 412: Evaluation of Human Rights 2016	43
GRI 414: Social Evaluation of Suppliers 2016	43
GRI 416: Consumer Health and Safety 2016	44
GRI 419: Socioeconomic Compliance 2016	44

SASB INDICATORS	45
Emissions	46
Air quality	46
Employee Health and Safety	46
Business ethics	46

ADHERENCE TO TCFD
RECOMMENDATIONS	47
Governance	48
Strategy and Risk Management	48
Metrics and Goals	49

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GRI APPENDICES

GRI APPENDICES

DECLARATION OF USE

Santos Brasil reported in accordance with the GRI Standards for the period from January 1, 2023 to December 31, 2023.

GRI 1: 2021 Fundamentals

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GRI 2: General Content 2021

GRI 2-1 Organization details

Founded in 1997, Santos Brasil comprises the following companies: Santos Brasil Participações SA, Santos Brasil Logística SA and Santos Brasil Granéis Líquidos SA, operating in the Brazilian territory. It is a publicly traded company, whose shares are traded on the B3 Stock Exchange, listed on the Novo Mercado segment. Wit its administrative headquarters located in São Paulo, Santos Brasil is responsible for approximately 16% of all container handling in the country and it operates Tecon Santos, one of the largest container terminals in Latin America.

GRI 2-2 Entities included in the organization's sustainability report GRI 2-3 Reporting period, frequency and point of contact

GRI 2-4 Reformulation of informations GRI 2-5 External verification

The Santos Brasil's 2023 Sustainability Report covers all Santos Brasil operations and units, is published annually and includes information from January 1, 2023 to December 31, 2023, unless otherwise indicated. Doubts, questions or suggestions about the report can be sent to the email sustentabilidade@santosbrasil. com.br.

This document was approved by the Sustainability Committee and is aligned with the guidelines of the Global Reporting Initiative (GRI) and inspired by the Integrated Reporting model from the International Integrated Reporting Council (IIRC). The economic-financial data were audited by Ernst & Young (EY) and compliance with the GRI standard was ensured by SGS Sustentabilidade.

The Company does not have a majority controlling shareholder or group of shareholders bound by a shareholders or voting agreement establishing a control block.

Some content was reformulated and some indicators were reviewed, due to methodology and updating of retroactive data, and are duly indicated in the respective items.

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GRI 2-6 Activities, value chain and other business relationships

Santos Brasil operates port and/or dockside facilities for the handling and storage of containers, vehicles, general cargo and liquid bulk, and provides logistics services and solutions in its various modes, including bonded storage and cargo transport.

In the container segment, pier services, which involve loading and unloading containers from ships, are provided to shipowners, which is how the shipping companies that contract the transport of cargo by waterways are called. Container storage and handling services in a yard (backyard) and in closed warehouses are provided to cargo owners (importers and exporters). In addition to these operations, the Company offers cargo stowing and unpacking services (accommodation and removal of cargo, respectively) and the storage of refrigerated containers (reefers), for which we supply the power required to maintain or change the temperature. The Company owns three container terminals (Tecon Santos - Santos (SP), Tecon Imbituba - Imbituba (SC) and Tecon Vila do Conde - Barcarena (PA), and three general cargo terminals (TCG Imbituba - Imbituba (SC) and two temporary lease areas in the Saboó - Santos (SP) region, and the industries served in each facility depend on the characteristics of the ports' hinterland, that is, the continental geographic area.

The Port of Santos, the largest port in Latin America, plays a fundamental role in the shipment of cargo from São Paulo, that has 90% of its industrial park located less than 200 km from the port, and also from the States of Minas Gerais, Mato Grosso, Mato Grosso do Sul and Goiás, which comprise its region of influence. In 2023, the main industries in containerized exports via the Port of Santos were sugar, coffee, pulp and paper, cotton, metals, chemicals, and frozen beef, which together accounted for more than 60% of the volume shipped in containers. The main importing industries of containerized cargo were, in turn, chemicals, machinery and equipment, automotive and plastics, and electronics, which were responsible for more than 60% of the volume unloaded at the Port of Santos.

In the Port of Vila do Conde, the hinterland is restricted to municipalities in the State of Pará itself, and the port's vocation is the operation of mineral bulk, agricultural products, liquid bulk, and containers. The main industries of containerized exports were wood, ores, metals, beef, and rocks, which together accounted for approximately 75% of the volume. Tecon Vila do Conde, the only container terminal at this port, plays an important role in cabotage services (sea transport of cargo along the Brazilian coast).

The Port of Imbituba, in turn, serves municipalities in the States of Santa Catarina, Paraná, and Rio Grande do Sul, and Tecon Imbituba is the only container terminal in this port, with strong cabotage operations, especially for rice and ceramics cargoes.

At the Vehicle Terminal (TEV), located in an area adjacent to Tecon Santos, in Santos (SP), the main services provided are: loading and unloading of machines, equipment, small, medium, and large vehicles and storage

of the aforementioned cargo in the terminal's dockside area. The main customers are automakers which import and export vehicles, machinery and equipment.

At the Liquid Bulk Terminals, located at the Port of Itaqui, in São Luís (MA), we provide fuel storage services in the installed tanks, especially diesel and gasoline, essentially intended for supplying the States of Maranhão, Tocantins, Pará, and Mato Grosso. The customers are mainly fuel importers and distributors. Additionally, ancillary services are provided, such as the sale of additional inventory.

Santos Brasil Logística offers port logistics and 3PL solutions through intermodal support platforms, which allow customers to more safely, efficiently and economically manage their supply chains. In Port Logistics, bonded storage services are mainly provided at the Customs and Industrial Logistics Centers (CLIAs), located in Santos (SP) and Guarujá (SP). In this case, the customers are cargo importers.

In 3PL Logistics, which has two Distribution Centers, both located in São Bernardo do Campo (SP), Santos Brasil Logística can handle the client's entire logistics operation, which includes cargo reception, inventory management, picking, shipping , distribution, transportation and other customized logistics services, such as kitting, labeling and packaging of products. The 3PL operation meets the needs of diverse and complex logistics flows in distribution and supply chains.

Santos Brasil is part of a chain of customers from different industries, including chemical, automotive, phar- maceutical, food, auto parts, and consumer goods.

Find out more about Santos Brasil's operations on the company's website.

GRI 2-7 Employees

TOTAL NUMBER OF EMPLOYEES BY GENDER

Gender		2021		2022		2023
Men	2,569		87.65%	2,782		85.23%	2,745		83.89%
Women	362		12.35%	482		14.77%	527		16.11%
Total	2,931			3,264			3,272

Note: includes all CLT employees, apprentices and interns.

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EMPLOYEES PER EMPLOYMENT CONTRACT, BY GENDER

				2021				2022							2023
	Female		Male		Total		Female		Male		Total		Female		Male		Total
Temporary	8	25		33	5	8	13	11	21		32
Permanent	354	2,544		2,898	482	2,782	3,264	527	2,745		3,272

Note: the Permanent category covers all CLT employees, apprentices and interns.

EMPLOYEES PER EMPLOYMENT CONTRACT, BY REGION

	Region		2021			2022			2023
	Temporary		Permanent		Temporary		Permanent		Temporary		Permanent
	North	2		326	0		361	0		363
	South	0		145	0		144	0		142
	Southeast	31		2,427	13		2,719	32		2,716
	Northeast	0		0	0		40	0		51
	Center-West	0		0	0		0	0		0
	Total	33		2,898	13		3,264	32		3,272

NUMBER OF EMPLOYEES WITHOUT GUARANTEED WORKING HOURS, BROKEN DOWN BY GENDER AND REGION

	Region				2021				2022							2023
	Female		Male		Total		Female		Male		Total		Female		Male		Total
	North	0	4		4	0	6	6	2	9		11
	South	0	2		2	0	3	3	1	4		5
	Southeast	31	79		110	39	79	118	39	84		123
	Northeast	0	0		0	1	8	9	1	8		9
	Center-West	0	0		0	0	0	0	0	0		0
	Total	31	85		116	40	96	136	43	105		148

Note: employees without guaranteed working hours are all employees who do not have working hours control (commercial consultants, specialists, coordinators, managers and officers).

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FULL-TIME EMPLOYEES, BROKEN DOWN BY GENDER AND REGION

	Region					2021						2022						2023
		Female		Male		Total		Female		Male		Total		Female		Male		Total
	North	34	294		328	41	312		353	45	309		354
	South	9	136		145	12	129		141	18	122		140
	Southeast	319	2,139		2,458	380	2,273		2,653	376	2,239		2,615
	Northeast	0	0		0	9	31		40	13	36		49
	Center-West	0	0		0	0	0		0	0	0		0
	Total	362	2,569		2,931	442	2,745		3,187	452	2,706		3,158

Note: the data only considers full-time employees, excluding apprentices and interns. The information from 2022 has been rectified, excluding apprentices and interns.

PART-TIME EMPLOYEES, BROKEN DOWN BY GENDER AND REGION

	Region				2022						2023
	Female		Male		Total		Female		Male		Total
	North	5	3		8	5	4		9
	South	1	2		3	1	1		2
	Southeast	34	32		66	67	34		101
	Northeast	0	0		0	2	0		2
	Center-West	0	0		0	0	0		0
	Total	40	37		77	75	39		114

Notes:

• Data only consider apprentices and interns.
• There was an 87.5% increase in the number of women, as a result of our effort to increase diversity within the company's overall staff.

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GRI 2-8 Workers who are not employees
	2022	2023
Total workers who are not	841	1,335
employees

Notes:

• The change between 2022 and 2023 is due to the administration done by the managers and officers of each unit, considering the operational need and high-volume of seasonal activities.
• Workers such as service providers and outsourced companies carry out activities in property security, building maintenance, infrastructure, civil construction and operational activities (drivers, assistants and operators).

GRI 2-9 Governance structure and its composition

The Board of Directors is responsible, among other attributions, for setting the objectives, policy and general guidance for the business, with the Statutory Board, elected by said body, being responsible for executing the determined strategy and for the executive management of the business. In this sense, the Statutory Board is the body responsible for taking economic, environmental and social topics to the Board of Directors, which, in turn, is the one that establishes the guidelines relating to these matters. The Fiscal Council supervises the actions of the directors, ensuring compliance with their legal and statutory duties, and analyzes the Financial Statements prepared periodically. The Audit Committee, among its main duties, works on processes related to risk management, whose social and environmental risks are listed in item 4.1 of the Company's Reference Form.

More information is available in the 2023 Sustainability Report, the Articles of Incorporation of Santos Brasil, which can be accessed on the Investor Relations websiteand at the Brazilian Securities and Exchange Commission (CVM).

	Board of Directors	Position	Independent	Other positions and commitments	Gender	Observation
	member
	Verônica Valente Dantas	Chairman	Yes	-	Female	Person linked to Opportunity
	Maria Amalia Delfim de Melo Coutrim	Vice-Chairman	Yes	-	Female	Person linked to Opportunity
	Eduardo de Britto Pereira Azevedo	Serving member	Yes	Member of the People Committee	Male	Person linked to Opportunity
	Valdecyr Maciel Gomes	Serving member	Yes	-	Male
	Luiz Sérgio Fisher de Castro	Serving member	Yes	-	Male
	José Luis Bringel Vidal	Serving member	Yes	-	Male
	Felipe Villela Dias	Serving member	Yes	Member of the Audit and People Committee	Male
	Marco Antonio Souza Cauduro	Serving member	Yes	-	Male

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	Fiscal Council	Position	Independent	Other positions and commitments	Gender	Observation
	member
	Gilberto Braga	Chairman	Yes	-	Male
	Leonardo Guimarães Pinto	Serving member	Yes	-	Male	Person linked to Opportunity
	Luís Fernando Moran de Oliveira	Serving member	Yes	-	Male

	Audit Committee	Position	Independent	Other positions and commitments	Gender	Observation
	member
	Heldo Jorge dos Santos Pereira Junior	Chairman	Yes	-	Male	-
	Eduardo de Barros Montarroyos	Serving member	Yes	-	Male	-

	People Committee	Position	Independent	Other positions and commitments	Gender	Observation
	member
	Antonio Carlos Duarte Sepúlveda	Serving member	Yes	Chief Executive Officer of the Company	Male	-
	Daniel Pedreira Dorea	Serving member	Yes	Economic-Financial and Investor Relations Officer	Male	-
	of the Company
	Ricardo dos Santos Buteri	Serving member of the People Committee	Yes	Company Commercial Officer	Male	-
	Eduardo de Britto Pereira Azevedo	Serving member of the People Committee	Yes	Serving member of the Board of Directors	Male	Person linked to Opportunity
	Felipe Villela Dias	Serving member	Yes	Serving member of the Fiscal Council and Audit	Male	-
	Committee
	Marcelo Redoschi de Carvalho	Serving member	Yes	People and Management Officer of the Company	Male	-

GRI 2-10 Appointment and selection for the top governance body

The Company's top governance body is the Board of Directors, whose members are elected and dismissed by General Shareholders' Meetings, with unified two-year terms of office and re-election permitted (Article 9, Section I, Articles of Incorporation). Santos Brasil is a member of B3's Novo Mercado segment and, there- fore, it has only common shares that confer voting rights for all shareholders, with each share representing one vote. That said, the members of the Board of Directors are elected by the shareholders.

Just like the Board of Directors, the members of the Fiscal Council, established on a non-permanent basis, are elected by the Ordinary General Meeting, with a term of office lasting until the first Ordinary General Meeting that takes place after their election, with re-election being permitted (Article 22, Section IV, Articles of Incorporation).

The Statutory Board, in turn, is elected by the Board of Directors, with a term of office of two years, and re-election permitted (Article 16, Section II, Articles of Incorporation).

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In relation to the Audit Committee, its members are appointed by the Board of Directors, with two-year terms of office, and re-election permitted. According to item 3 of the Internal Regulations of the Audit Committee, this body must be composed of at least one independent member of the Board of Directors, according to B3's Novo Mercado segment Regulations, and at least one member with notorious experience in corporate accounting matters, following the determinations of the Brazilian Securities and Exchange Commission (CVM).

Regarding diversity, the Company does not have a formal policy or guideline for such criterion to be considered when electing members of the Board of Directors.

Regarding independence, the Novo Mercado Regulation, a segment of the B3 stock exchange that San- tos Brasil is part of, requires that at least 40% of the directors be independent, a metric also set out in the Company's Articles of Incorporation (Article 9, Section I) and in the Board of Directors' Internal Regulations (Item 2.1.1).

Also in accordance with the Board of Directors' Internal Regulations (Item 2.2) and the Directors Appointment Policy (Item 2.2), which applies to all of the Company's governance bodies, the appointment of members must, in addition to the legal requirements and regulations, comply with eight requirements, including being "highly qualified, with recognized technical, professional and academic experience, compatible with the position for which they were appointed". For election at the General Meeting, shareholders have access to the CVs of each professional and, therefore, consider the adequacy of the candidates taking into account the industry in which the Company operates and the candidates' profile, as well as aspects related to the environment, social impact and Corporate Governance.

GRI 2-11 President of the top governance body

The Articles of Incorporation prevent the Chairman of the Board of Directors from holding the position of Chief Executive Officer (or the main executive position of Santos Brasil).

GRI 2-12 Role played by the top governance body in overseeing the management of impacts

GRI 2-13 Delegation of responsibility for impact management

GRI 2-14 Role performed by the top governance body in the sustainability report

As set out in the Company's Articles of Incorporation and reported in the Reference Form, both available at the Brazilian Securities and Exchange Commission (CVM), the Board of Directors is the body responsible

for establishing the objectives, policy and guidance of the business. Among its duties, it elects the Statutory Board, establishes its responsibilities and supervises its management and performance. In turn, the Statutory Board carries out the work determined by the Board of Directors, being responsible for the day-to-day executive management of the business, and, together with the other leaders of the Company and based on the strategic guidelines established by the Board of Directors, defines the purpose of the organization, represented and detailed in its mission, vision and values. It is responsible for defining policies and goals related to economic, environmental and social topics, which always require subsequent approval from the Board of Directors.

In 2022, the Company's Strategic Planning area was created, which, together with the Statutory Board and the Board of Directors, led the review of the strategic vision, strategic pillars and enablers, one of which is ESG, which brings the objective to have a business model that adds value in a sustainable way, operating with a high level of Corporate Governance.

Topics related to sustainable development, including the preparation of the Annual Sustainability Report, are discussed by the Sustainability Committee, composed by the Statutory Board, the Sustainability area and other employees from strategic operational and administrative areas for the topic, as provided for by the Santos Brasil Sustainability Policy. Economic and financial issues are delegated by the Statutory Board mainly, but not limited to, the financial and controlling departments. The topics addressed by the Statutory Board in different spheres of the Company are discussed and deliberated at the meetings of the Board of Directors, which, in turn, analyzes and approves the processes for risk management and strategy review. In accordance with the Company's Articles of Incorporation (Article 12, Section I), the Board of Directors meets ordinarily and obligatorily every three months or, extraordinarily, whenever necessary.

GRI 2-15 Conflicts of interest

The Company's Articles of Incorporation and the Internal Regulations of the Board of Directors establish rules to inhibit and manage conflicts of interest, notably it prohibits the election of people who are the controlling shareholders or occupy positions in companies that may be considered competitors in the market in which the Company operates, especially for advisory, administrative or fiscal councils. People that have conflicts of interests with the Company are ineligible, except in cases expressly approved by the General Meeting, and directors who have a conflict of interest in a specific topic cannot vote at meetings of the Board of Directors. All members of the Board of Directors are independent, following B3's Novo Mercado Regulation, which determines a minimum percentage of 40% of independent members, as well as the Company's Articles of Incorporation.