Irani’s expansion project portfolio to improve competitiveness, production capacity and energy sufficiency, which enables us for the next growing cycle.

Gaia symbolizes the Earth, nature.

It is exactly from this infinite and wise force, of which humanity is a part, that our motivation to grow comes. Our robust expansion plan, with projects developed between 2020 and 2026, is based on our deep commitment to sustainable development in its three spheres: economic, social and environmental.

1st Cycle | 2020 – 2024

2nd Cycle | 2020 – 2026

Gaia Platform
Impacts

increase
0 %

on pulp production with Gaia I.

increase
0 %

on the production of corrugated board – corrugated sheets, corrugated container boxes and corrugated die cut boxes – with Gaia II.

increase
0 %

on the production of paper for corrugated board packaging – with Gaia XI.

increase on cellulose production
0 %

with Gaia I.

increase on the production
0 %

of corrugated cardboard, cardboard sheets, regular slotted and die cut containers with Gaia II.

increase
0 %

of in-house power generation with Gaia I.

increase
0 %

of average power generation with Gaia IV.

increase
0 %

of average power generation with Gaia V.

Gaia Platform
Impacts

PRODUCTIVE CAPACITY

increase
0 %

on cellulose production with Gaia I.

increase on the production
0 %

of corrugated cardboard, cardboard sheets,
regular slotted and die cutcontainers with Gaia II.

increase on the production
0 %

of paper for corrugated cardboard packaging – with Gaia XI

POWER GENERATION

increase
0 %

of in-house power generation with Gaia I.

increase
0 %

of average power generation with Gaia IV.

increase
0 %

of average power generation with Gaia V.

The 1st Cycle investments in the Gaia Platform take place at the site of Campina da Alegria in Vargem Bonita (SC), in the Paper and Packaging plants, encompassing the following products:

  • Corrugated cardboard bag boxes and cut and crease boxes.
  • Packaging paper.
  • Corrugated cardboard sheets.

The 2nd Cycle investments take place at the sites of Campina da Alegria (SC) and Indaiatuba (SP).

Kraft packaging paper

Kraft food contact paper

Kraft tote bags for physical and online retail

Kraft paper bags for delivery and takeaway

Corrugated cardboard for packaging

Corrugated cardboard sheets

Bag boxes

Cut and crease boxes

The 1st Cycle investments in the Gaia Platform take place at the site of Campina da Alegria in Vargem Bonita (SC), in the Paper and Packaging plants, encompassing the following products:

Regular slotted and die cut corrugated containers

Packaging paper

Corrugated cardboard sheets

The 2nd Cycle investments take place at the sites of Campina da Alegria (SC) and Indaiatuba (SP).

Kraft packaging paper

Kraft food contact paper

Kraft tote bags for physical and online retail

Kraft paper bags for delivery and takeaway

Corrugated cardboard for packaging

Corrugated cardboard sheets

Bag boxes

Cut and crease boxes

Gaia Plataform

Estimated investment

Gaia I – Paper SC Campina da Alegria Paper SC Campina da Alegria Paper SC Campina da Alegria Paper SC Campina da Alegria Chemical Recovery and Utilities Expansion Packaging SC Campina da Alegria Under review Gaia II – Gaia III – MP#2 Revamp Gaia IV – Cristo Rei Repowering Gaia V – São Luiz Repowering Total Unit SC Packaging Plant Expansion Estimated investment(Gross) Estimated investment (Net) Estimatedinvestment (1Q26) Investment made(done until 03/31/26) Gaia Plataform 1st Cycle 594,539 K 682,023 K 118,189 K 150,433 K 53,293 K 112,663 K 66,844 K 125,881 K 658,621 K 131,249 K 7,128 K – 59,806 K 12,854 K – 862,530 K 1.025,181 K 878,684 K 7,128K –

The estimated investment value was updated as a result of the increase in the prices of civil construction products, such as steel and copper, and also of labor, an impact that has been occurring in the market due to the pandemic, in addition to the change in scope to replace caster and wrapping machine by new machines of greater capacity. As a result, the total investment value of Plataforma Gaia increased from R$ 743,059 thousand to R$ 883,519 thousand.

Paper SC Campina da Alegria Packaging SPIndaiatuba Packaging SPIndaiatuba Gaia VIII – Gaia IX – WIP Automation New Rotary Die-Cutting Printer Gaia XI – Gaia X – Paper SC Campina da Alegria Packaging SCCampina da Alegria MP#5 Revamp New FFG Dual Slotter Printer 45,159 K 49,597 K 15,034 K 21,318 K 29,897 K 84,345 K 44,964 K 42,860 K 89,668 K 55,820 K Unit Estimatedinvestment (1Q26) Investment made(done until 03/31/26) Gaia Plataform 2nd Cycle Total Grand total Gaia VI – Paper SC Campina da Alegria Plant Information Management System 277,663 K 1,302,844 K 234,703 K 1,113,387 K 15,304 K 18,400 K Estimated investment(Gross) Estimated investment (Net) 22,742 K 281 – – 232,280 K 1,094,810 K 23,023 K 30,151 K 71.328 K 45,968 K 15,051 K 37,764 K 46,593 K 15,576 K Gaia VII – Wastewater Treatment Plant – Expansion Phase 1 – –

Timeline

2020202120222023202420252026Gaia I – Gaia VI – Gaia II – SC Packaging Plant ExpansionGaia III – MP#2 RevampGaia IV – Cristo Rei RepoweringGaia V – São Luiz RepoweringUnder reviewChemical Recovery and Utilities ExpansionPlant Information Management SystemWastewater TreatmentPlant – Expansion Phase 1Gaia PlataformGaia PlataformDeadline (Plan)Paper SC Campina da AlegriaPaper SC Campina da AlegriaPaper SC Campina da AlegriaPaper SC Campina da AlegriaPackaging SC Campina da AlegriaPaper SC Campina da AlegriaPaper SC Campina da AlegriaPackaging SC Campina da AlegriaPaper SC Campina da AlegriaGaia VII –Gaia X – New FFG Dual Slotter PrinterGaia XI – MP#5 Revamp1st Cycle2nd Cycle1st qua1st qua1st qua1st qua1st qua1st qua1st qua1st qua1st qua2nd qua2nd qua2nd qua2nd qua2nd qua2nd qua2nd qua2nd qua2nd quaNew Rotary Die-Cutting PrinterPackaging SP IndaiatubaPackaging SP IndaiatubaGaia IX – WIP AutomationGaia VIII –20272028

The Timeline for the start of the Gaia IV and V Project is being updated due to the deadline for environmental licenses.

Execution progress

73% 20% 90% Basic engineering Basic engineering 100% N/A N/A N/A 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Completion status Completion status Gaia I – Gaia II – SC Packaging Plant Expansion Gaia III – MP#2 Revamp Gaia IV – Cristo Rei Repowering Gaia V – São Luiz Repowering Chemical Recovery and Utilities Expansion Paper SC Campina da Alegria Paper SC Campina da Alegria Paper SC Campina da Alegria Paper SC Campina da Alegria Packaging SC Campina da Alegria Gaia Plataform 1st Cycle Gaia Plataform 2nd Cycle Gaia VI – Plant Information Management System New Rotary Die-Cutting Printer Wastewater TreatmentPlant – Expansion Phase 1 Paper SC Campina da Alegria Packaging SP Indaiatuba Packaging SP Indaiatuba Packaging SC Campina da Alegria Paper SC Campina da Alegria Paper SC Campina da Alegria Gaia VII – Gaia IX – WIP Automation Gaia VIII – Gaia X – New FFG Dual Slotter Printer Gaia XI – MP#5 Revamp Under review