Wilson Sons : Presentation Intention of Corporate Restructuring & Listing on Novo Mercado (B3)

Wilson Sons

Intention of Corporate Restructuring

May 2021

Forward-looking

statements

This presentation contains statements that may constitute forward-looking statements. Such statements are subject to risks and uncertainties as various factors, many of which are beyond the control of Wilson Sons, may cause actual developments and results to differ materially from the expectations contained in this presentation. Management's beliefs and assumptions may or may not prove to be correct and there can be no assurance that any estimates, targets or projections are attainable or will be realized, and actual results may vary materially, including the possibility that an investor may lose some or all of its invested capital. These statements are not guarantees of future performance and undue reliance should not be placed on them. The information contained herein has been compiled on a preliminary basis, and there is no obligation to update any of the information.

The Company's operating and financial results, as presented on the following slides, were prepared in accordance with the International Financial Reporting Standards (IFRS), except as otherwise expressly indicated. The independent auditor's report is an integral part of the Company's condensed consolidated financial statements.

2

Presenters

Cezar Baião	Fernando Salek	Fabrícia Souza	Michael Connell
Deputy Chairman of the	CEO	CFO	Investor Relations Officer
Board of Directors			& Head of Treasury
▪ 27+ years working at	▪ Joined Wilson Sons in	▪ Joined Wilson Sons in	▪ 10+ years working at
Wilson Sons	2016	2021	Wilson Sons
▪ Served as CEO of the	▪ Served as CFO for the	▪ Former CFO of MRS	▪ Former Finance Director
Brazilian operations for	previous 5 years	Logística	of BAA Lynton Ltd
20 years	▪ Former Vice President	▪ Solid experience in C-	▪ Solid experience in
▪ Board Member of	of Corporate Finance at	Level roles for capital-	corporate finance and
ABRATEC and CIRJ	BHP Billiton	intensive companies	global infrastructure

3

Proposed Restructuring

Highlights of the Proposed Restructuring

Proposed

Restructuring

Restructuring

Benefits

• Wilson Sons Limited ("WSL") is currently headquartered in Bermuda with a sponsored programme of Brazilian Depositary Receipts ("BDRs") traded on B3(1).
• The Proposed Restructuring consists of (i) the downstream merger of WSL into its controlled subsidiary Wilson Sons Holdings Brasil S/A ("WSSA"), as well as (ii) the listing of WSSA on B3's Novo Mercado segment(2).
• The Proposed Restructuring does not imply the dilution of current WSL shareholders or BDR holders. WSSA shares will be directly owned by all former WSL share / BDR holders.
• The Proposed Restructuring is subject to the approval of the Bermudan Ministry of Finance, B3, CVM and the shareholders.
• Simplification of the corporate structure.
• Proposed Restructuring may potentially unlock value for all shareholders considering:

1. Increase in stock liquidity.

1. Strong corporate governance seal with the Novo Mercado listing.

• 1. Opportunity to join the main Brazilian and LatAm stock market indexes.
• Wilson Sons is likely to increase its shareholder base by accessing several institutional investors that are currently restricted to invest in BDRs.
• The new simplified corporate structure will likely facilitate access to capital markets.

Notes: (1) B3 stands for B3 S.A. - Brasil, Bolsa, Balcão, also known as the Brazilian Stock Exchange; (2) Novo Mercado is the highest level of corporate governance for listing segments on B3.

5