1. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
NBome & Business Development

2. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

3. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

4. BRASIL ECODIESEL S.A. | Brazilian Diesel Market - What is Biodiesel?
Key Factor of Success:
technology or raw material? “Our goal is to achieve the highest standard
quality in large scale production using
different vegetable oils!”
Technology Raw Material

5. BRASIL ECODIESEL S.A. | Brazilian Diesel Market
Brazilian Diesel Market (‘000,000 m³)
Diesel is the main Brazilian
fuel, 42% of all oil derived
fuels and more than 50% of
transportation fuels.
Domestic market extremely significant,
favoring the development and consolidation
Source: National Agency for Petroleum, Natural Gas and Biofuels – ANP.
of the sector. (*) 2009 Forecast

6. BRASIL ECODIESEL S.A. | Brazilian Diesel Market – National Biodiesel Program
Biodiesel Law: Mandatory
Current blend percentages are only the
use to increase production initial stimulus.
Higher blends are already feasible in
engines.
2010 on
Jul/09 – Dec/09 Blend: min. 5%
Jul/08 – Jun/09 Blend: min. 4%
Blend: min. 3%
1st Sem/08
Blend: min. 2%
2005 – 2007
Blend: up to 2%
Production growth shows the
success of the program
Source: ANP.
(1) Forecast considers B5 in 2010.

7. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

8. BRASIL ECODIESEL S.A. | The Company – ANP Auctions
17th Auction
Result
Brasil Ecodiesel
contracted volume:
69,000 m3 (total offered
was 565,000 m3 ) with an
average price of
R$ 2,262.97
Installed Capacity

9. BRASIL ECODIESEL S.A. | The Company- Brasil Ecodiesel on the map
Brasil Ecodiesel on the map
Biodiesel Plants
Farms

10. BRASIL ECODIESEL S.A. | The Company – Board of Administration and Officers
Board Members Main Executives
Name / Position Age Name / Position Age
Carlos Antonio Rocca Mauro A. Cerchiari
69 56
President and Independent Board Member Chief Executive Officer (CEO)
Wagner Pinheiro de Oliveira Charles Mann de Toledo
47 51
Vice-President and Independent Board Member Investors Relations and Business Development Officer
Mauro Fernando Maria Arruda Eduardo de Come
63 44
Board Member Chief Financial Officer (CFO)
Silvio Tini de Araújo Guilherme Augusto Raposo
63 43
Board Member Production Officer
Jose Ferraz Ferreira Filho Expedito Parente Junior
63 29
Board Member Industrial Officer
Marco Antonio Moura de Castro
Board Member
56 Corporate Governance
 All common shares with equal voting rights
 Tag-Along of 100%
 None of the board members are executives
 Active Fiscal Council

11. BRASIL ECODIESEL S.A. | The Company - Reestruturing
Recent Past -Reestructuring

12. BRASIL ECODIESEL S.A. | The Company – Fulfillment of Contracts Evolution
Fulfillment of Contracts with Petrobras

13. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

14. BRASIL ECODIESEL S.A. | The Company – Strategic Direction for the next 5 years
Biodiesel Scenario:
“Higher demand for
biodiesel , more control of
Strategic
vegetable oil supply, and
less interference of the
Direction
government.”
STRATEGIC
EQUITIES OPERATIONAL
FIXED INCOME DIVESTMENT
SERVICES
Long Term Short Term Idle Assets
 Search for alternative raw materials  Reallocation of Floriano and Crateús idle assets  Selling our farms in Piauí, Ceará and Minas Gerais
and the crushing units equipments from Porto states
 Viability studies of Jatropha Curcas Nacional
plantations in BA, MS and other  Selling of Crateús crushing unit
locations.  Activate Iraquara and São Luiz Gonzaga’s
crushing units.
 Search partners for the development
of R&D in the agricultural area  Project to improve industrial efficiency
 Search for raw material supply partnerships for  Social Fuel Stamp (Selo Combustível Social) -
the short and medium terms. work with more advanced forms of Family
Farming organizations
 Corporate Restructuring – Headquarters and
organizational  Search for long term financing
 Redefinition of the Corporate Image
 Creation of the Company’s industrial R&D
 Monitoring M&A opportunities in the market

15. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

16. BRASIL ECODIESEL S.A. | Results – 2009 Highlights
 The volume of biodiesel sold was 3 times higher in the 2nd half than in the 1st half of
2009.
104% of biodiesel volume contracted with Petrobras delivered in 4Q09.
Net Revenue of R$ 128.1 million and Adjusted EBITDA (*) of R$ 16 million in 4Q09.
Adjusted EBITDA Margin (*) of 12.5% in 4Q09.
Beginning of strategic positioning: deactivation of plants in Floriano and Crateús.
Reduction of 73% in Financial Expenses in 2009 compared with 2008.

17. BRASIL ECODIESEL S.A. | Results– 4Q09 Results
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note
24 of Financial Statements)

18. BRASIL ECODIESEL S.A. | Results – 4Q09 Results
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note
24 of Financial Statements)

19. BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Expenses
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note
24 of Financial Statements)

20. BRASIL ECODIESEL S.A. | Results – Non Recurring Operating Expenses
Non Recurring Operating Expenses

21. BRASIL ECODIESEL S.A. | Results – Debt position

22. BRASIL ECODIESEL S.A. | Results – Net Profit
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note
24 of Financial Statements)

23. BRASIL ECODIESEL S.A. | Results – EBITDA
(*) Excludes non-operating and non-recurring expenses and Strategic Redirection Adjustments, (see Explanatory Note
24 of Financial Statements)

24. BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution
Price Evolution Financial Volume
Ibovespa x Ecod3 Ecod3
(100 basis in Jan/09) (in million reais)
12 M Average – R$28million

25. BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure
Market Cap: Shareholding Structure
(03/22/2010) (12/31/2009)
R$ 863,045,985.13
Number of Shares:
725,248,727
Number of shareholders: 28,000

26. BRASIL ECODIESEL S.A. | The Company – Index and ETF
Participation in the main index/ETF:
PRESENT PERSPECTIVES
• IBX • IBOVESPA
• IGCX • IBRX50
• ITAG • Carbon Efficient Index
• SMLL
• IVBX2

27. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 2009 and 4Q09
Perspectives

28. BRASIL ECODIESEL S.A. | Perspectives for the Brazilian Biodiesel Sector
100% increase in the current
Metropolitan biodiesel demand
B20 (2.5 billion liters)
Aggressive goals in International UBRABIO
Europe are a future Biodiesel Perspectives B20 until 2015 initiative
opportunity for Brazilian Market
producers
Proposition already
Diesel cars approved by a Senate
Commission

29. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
Phone: 55 21 2546-5031
NBome
ri@brasilecodiesel.com.br
www.brasilecodiesel.com.br