Cury (CURY3.SA): 2Q26 Operational Preview: Softer SoS as Sales Miss

Research evidence excerpt

Cury (CURY3.SA): 2Q26 Operational Preview: Softer SoS as Sales Miss

comparisons between companies in different sectors and markets.

Disclosures

The rating(s) for Cury is/are relative to the other companies in its/their coverage universe: Allos SA, Cemex SAB, Cury, Cyrela Brazil Realty,

Direcional, EZTEC, Fibra Danhos, Fibra MTY, Fibra NEXT, Fibra Prologis, Fibra Uno, Iguatemi S.A., Log Commercial Properties, MRV Engenharia,

Mallplaza, Multiplan, Parque Arauco, Tenda, Vesta

Company-specific regulatory disclosures

The following disclosures relate to relationships between The Goldman Sachs Group, Inc. (with its affiliates, “Goldman Sachs”) and companies covered

by Goldman Sachs Global Investment Research and referred to in this research.

Goldman Sachs beneficially owned 1% or more of common equity (excluding positions managed by affiliates and business units not required to be

aggregated under US securities law) as of the second most recent month end: Cury (R$34.00)

Distribution of ratings/investment banking relationships

Goldman Sachs Investment Research global Equity coverage universe

Rating Distribution Investment Banking Relationships

Buy Hold Sell Buy Hold Sell

Global 50% 34% 16% 65% 60% 45%

As of April 1, 2026, Goldman Sachs Global Investment Research had investment ratings on 3,074 equity securities. Goldman Sachs assigns stocks as

Buys and Sells on various regional Investment Lists; stocks not so assigned are deemed Neutral. Such assignments equate to Buy, Hold and Sell for the

purposes of the above disclosure required by the FINRA Rules. See ‘Ratings, Coverage universe and related definitions’ below. The Investment Banking

Relationships chart reflects the percentage of subject companies within each rating category for whom Goldman Sachs has provided investment