PDG Realty Empreend e Participacoes : 2Q17 Earnings Presentation

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August 15th,

2017

Court-supervised Reorganization (CSR)

Financial and Operational Results

Sales

Resale of Cancellations Inventory

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G&A

Net Debt Variation Deleveraging

Ongoing Projects and Cost to be Incurred Income Statement and Balance Sheet

Corcovado

Rio de Janeiro/RJ

Court-supervised Reorganization (CSR)

Financial and Operational Results

Sales

Resale of Cancellations Inventory

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o u rce

: PD

G

- D

at

a B

ase

: 0

6

/ 2

0

1

7

G&A

Net Debt Variation Deleveraging

Ongoing Projects and Cost to be Incurred Income Statement and Balance Sheet

Corcovado

Rio de Janeiro/RJ

2Q17 Highlights

Highlights

General and administrative expenses closed the quarter 46% down year-on-year. Accounting for the 1H17, G&A expenses fell by 31% when compared to 1H16.

Selling expenses fell by 90% over 2Q16. The first-half selling expenses recorded a 80% decline over 1H16.

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During 2Q17, we obtained occupancy permits for 2 projects (managed by PDG), totaling 613 units and a PSV of R$222 million. During the first semester occupancy permits for 5 projects (managed by PDG) were achieved, with an PSV of R$390 million and 1,274 units in total, reducing the Company´s operational and financial risk.

The Company reassessed its liabilities and undertook the Tax Regularization Program (Programa de Regularização Tributária) during this quarter. Therefore, reducing over R$ 196 million in taxes payable.

Net loss fell by 28% over 2Q16 and by 30% when compared to 1H16.