Ultrapar Participações S.A. (NYSE:UGP) Q2 2023 Earnings Conference Call August 10, 2023 10:00 AM ET

Company Participants

Rodrigo de Almeida Pizzinatto - Chief Financial & Investor Relations Officer

Marcos Lutz - Chief Executive Officer

Tabajara Bertelli - Chief Executive Officer, Ultragaz

Leonardo Linden - Chief Executive Officer, Ipiranga

Conference Call Participants

Thiago Duarte - BTG Pactual

Leonardo Marcondes - Bank of America

Regis Cardoso - Credit Suisse

Matheus Enfeldt - UBS

Operator

Good morning. Thank you for waiting. Welcome to our earnings presentation of Ultrapar to present the results of the Second Quarter 2023. There is also a simultaneous webcast that may be accessed through Ultrapar's website at ri.ultra.com.br and MZiQ platform.

The presentation will be conducted by Mr. Rodrigo de Almeida Pizzinatto, Ultrapar's Chief Financial and Investor Relations Officer. And then for Q&A session, we'll have also with us Mr. Marcos Lutz, Ultrapar's CEO and the CEOs of the businesses, Mr. Tabajara Bertelli, Décio Amaral and Leonardo Linden.

We would like to let you know that this event is being recorded and all participants will be in listen-only mode during the company's presentation. After Ultrapar's remarks, there will be a question-and-answer session. At that time further instructions will be given. [Operator Instructions] We remind you that questions, which will be answered during the Q&A session may be posted in advance in the webcast. A replay of this call will also be available for seven days immediately after it's finished.

Before proceeding, we would like to emphasize that forward-looking statements are being made under the Safe Harbor of Securities Litigation Reform Act of 1996. Forward-looking statements are based on the beliefs and assumptions of Ultrapar management and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events, and therefore depend on circumstances that may or may not occur in the future.

Investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of Ultrapar and could cause results to differ materially from those expressed in such forward-looking statements.

Now, I'd like to turnover to you Mr. Rodrigo Pizzinatto. He is going to begin the conference. Please Mr. Pizzinatto you have the floor.

Rodrigo de Almeida Pizzinatto

Good morning, everyone. It is a pleasure to be here once more to talk about Ultrapar's results. Starting on slide number 2, I remind you that at this moment both the earnings release and this presentation consider Ultrapar's data from continuing operations in 2023. As for 2022, the company's data is presented in the pro forma view considering the sum of continuing and discontinued operations as disclosed throughout last year unless otherwise indicated.