Operational Preview

/ 3rd Quarter 2021

EVEN DISCLOSES ITS OPERATIONAL PREVIEW FOR 3Q21

São Paulo, October 13th, 2021 - Even Construtora e Incorporadora S.A. - EVEN (B3: EVEN3), with developments in São Paulo and Rio Grande do Sul, and focusing on middle- and upper-middle income residential projects, discloses its preliminary and unaudited operational performance for the third quarter of 2021 (3Q21).

LAUNCHES IN 9M21 TOTALED R$ 2 BILLION (R$ 1.6 BILLION % EVEN);

LAUNCHES IN 3Q21 TOTALED R$ 767 MILLION (R$ 658 MILLION % EVEN).

LAUNCHES

In 3Q21, 2 projects were launched in São Paulo, with a PSV of R$ 584 million, and 2 projects were launched in Rio Grande do Sul, with a PSV of R$ 182 million (R$ 74 million % Even). Adding the two companies, the total PSV was R$ 767 million (R$ 658 million % Even).

Launches

(PSV R$ Million)

+90%

1,968 378

1,037

932

149

216

767

1,589

649

108

28

532

50

888

716

622

269

658

482

54

216

3Q20

4Q20

1Q21

2Q21

3Q21

9M20

9M21

Launches (partners)

Launches (% Even)

Table below consolidates the information for 3Q21:

PSV Total

VGV Even

Usable

Avg. Price of Unit

Project

Region

area

# Unit

Segment

(R$ thousands)

(R$ thousands)

(R$ thousands)

(sq.m.)

1Q21

931,701

715,572

181,094

1,548

602

Fasano Itaim - Hotel

SP

280,000

280,000

14,890

109

2,569

Hotel

Modo Ipiranga

SP

197,440

197,440

24,954

598

330

Middle-low income

Arcos Itaim

SP

90,285

90,285

5,039

33

2,736

High-end

Go Rio Branco

RS

71,394

31,516

6,634

183

390

Middle-low income

Grand Park Lindóia - Fase 3

RS

89,599

39,552

12,628

190

472

Middle-low income

Casa Viva

URB

72,637

19,239

105,957

332

219

Lots Development

Botanique

RS

130,346

57,540

10,992

103

1,265

High-end

2Q21

269,194

215,603

24,816

477

564

Hotel

Modo Pompéia

SP

171,430

171,430

16,356

428

401

Middle-low income

Seen Boa Vista

RS

97,764

44,173

8,460

49

1,995

High-end

*Preview and unaudited numbers

Operational Preview

/ 3rd Quarter 2021

3Q21

766,764

658,289

54,833

477

1,607

Arbo Alto de Pinheiros

SP

384,287

384,287

27,813

117

3,285

High-end

YBY Ibirapuera Urban Home

SP

200,207

200,207

14,046

298

672

Upper middle

HillSide

RS

45,119

20,487

4,439

34

1,327

High-end

Arte Country Club

RS

137,151

53,308

8,535

28

4,898

High-end

Total

1,967,658

1,589,464

260,743

2,502

786

SALES

Net sales in 3Q21 totaled R$ 329 million (R$ 277 million % Even). The consolidated SoS of 11%, with 18% SoS the projects launched in the quarter.

It is important to highlight that the YBY project was launched in the last week of the quarter.

Net Sales

(PSV R$ Million and %Even)

58%

49%

34%

36%

27%

24%

20%

24%

16%

18%

15%

11%

10%

13%

8%

+17%

1.217

1.036

639

586

480

238

354

212

171

412

277

105

116

268

230

175

249

160

3Q20

4Q20

1Q21

2Q21

3Q21

9M20

9M21

Launches SoS

Sos Consolidated

Launches Sales (% Even)

Sales (% Even)

Inventory SoS

RJ Inventory Sales

Inventory Sales (% Even)

CANCELLATIONS

In 3Q21, cancellations totaled R$ 70 million, R$ 54 million %Even, representing 16% of gross sales, as shown below:

Cancellations

(PSV R$ Million and %Even)

15%

16%

14%

8%

9%

209

-21%

166

88

54

56

56

54

3Q20

4Q20

1Q21

2Q21

3Q21

9M20

9M21

% Cancellations/Gross Sales

PSV Cancellations (% Even)

*Preview and unaudited numbers

Operational Preview

/ 3rd Quarter 2021

(% Even)

2020

2021

(R$ milion)

3Q20

4Q20

1Q21

2Q21

3Q21

9M21

Gross Sales

567

693

643

410

330

1.383

Total Cancellations

88

54

56

56

54

166

Net Sales

480

639

586

354

277

1.217

Cancellations/Gross Sales

15,4%

7,7%

8,8%

13,6%

16,2%

12,0%

DELIVERIES

In 3Q21, were delivered two projects in Rio Grande do Sul, totaling a PSV of R$ 183 million, which represents 492 units delivered (R$ 83 million % EVEN).

Deliveries

(PSV R$ Million)

705

492

242

77

0

226

183

141

50

100

53

177

88

28

0

83

12

16

0

0

3Q20

4Q20

1Q21

2Q21

3Q21

# of units

PSV Deliveried (partners)

PSV Deliveried (% Even)

ABOUT THE COMPANY

Even has been operating in the real estate industry for over 40 years and is one of the largest developers and builders in the Greater Sao Paulo area. It is present, primarily and strategically, in the cities of Sao Paulo and Porto Alegre. The Company operates vertically, executing all the stages of the development of its projects, from prospecting plots of land, to real estate development and sale, to the building of the projects. Even owns two real estate brokerage firms: Even Vendas and Even More. Both sell units on 100% of the Company's projects and do so exclusively for Even. The Company aims to follow sustainability precepts in every aspect of its business. Even believes that by employing these practices, it can reduce waste on its construction sites, increase the energy efficiency of its products, improve its image with customers and with the communities surrounding its projects. Its stock is traded in the Novo Mercado (New Market), which is the highest level of corporate governance at B3 - Brasil, Bolsa, Balcão, under the stock symbol EVEN3.

DISCLAIMER

The statements within this release, which refer to business prospects, estimates of financial and operating results, and growth prospects that affect the Company's activities, as well as any other statements about the future of the Company's business, constitute estimates and statements about the future and involve risk and uncertainties; therefore, they are not assurances of future results. Such considerations depend significantly on changes in market conditions, governmental regulations, pressure from the competition, performance of the industry and of the Brazilian economy among other factors. As such, they are subject to changes without notice.

*Preview and unaudited numbers

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Even Construtora e Incorporadora SA published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 21:21:19 UTC.