Corporate Presentation

4th Quarter 2015

Highlights

Over 50% increase in exports volume in 2015 compared to 2014

Payment of 50% of 2015 financial year adjusted Net Profits

2015 EBITDA Margin of 17,7% compared to 17,0% in 2014

Temporary shutdown of activities in Itapetininga plant

Exports

Capacity Utilization

Dividends

Deca

1

Consolidated Financial Highlights

Consolidated Net Revenues (R$ million)

% Foreign Market over Total Net Revenue

2

Consolidated Financial Highlights

3

Brazil’s Wood Panel Market In ‘000 m3

MDF Market

MDP Market

Annual Effective Capacity: 5.170

Annual Effective Capacity: 4.030

-8,9%

-19,9%

-21,7%

-14,9%

7,9%

-18,6%

4

Operational Highlights Wood

Installed Capacity and Occupancy Rate

in the Quarter

-5,4%

-20%

-10,4%

Shipments (in ‘000 m3)

5

Financial Highlights Wood

Net Revenue (R$ million) and

Gross Margin (%)

Recuring EBITDA (R$ million) and

EBITDA Margin (%)

-8,1%

29,9%

-14,7%

-1,7%

-14,1%

-40,9%

-17,8%

27,3% 23,5% 30,5% 25,9% 31,9% 23,6% 22,1% 27,4% 22,9%

6

Building Material Industry

Source: Brazilian Building Material Industry Association

ABRAMAT INDEX – INTERNAL MARKET

Measures growth in revenue of building materials in the internal market, relative performance to the

same period in the previous year

7

Operational Highlights

Installed Capacity and Occupancy Rate

in the Quarter

Shipments (in ‘000 items)

Deca

* Includes1.215k items from Corona

*

-10,9%

+4,9%

-2,3%

8

Financial Highlights

17,6% 31,6% 28,5% 30,6% 31,4% 11,0% 18,3% 14,3% 17,0% 17,7%

-8,8%

+7,2%

+1,7%

-28,3%

+39,9%

+6,1%

Deca

Net Revenue (R$ million) and

Gross Margin (%)

Recuring EBITDA (R$ million) and

EBITDA Margin (%)

9

Consolidated CAPEX and Main Investments

In R$ million

3.234

635,8

832,2

601,5 607,9 556,2

Main Projects in 2015

Corona Acquisition

CAETEX: R$ 10 MM

Investment/year

Foreign Investments:

R$ 28,2MM

10

Indebtedness

Amortization Schedule (R$ M) Debt Origin(%)

* 100% Hedge

11

Strategic Positioning

+105,9%

+104,7%

Priorities: 2007 to 2014

Increase of capacity through expansion and

acquisition

Integration Duratex and Satipel

Acquisition of 6 companies in this period with

integration of the acquired companies

Geographical and product diversification

Corporate Governance Consolidation

Increase of Market Share

Customer Service

Capacity Evolution

Internal Agenda

CAPEX prioritized in sustaining and productivity

Expansion in adjacent sectors of civil

construction (M&A)

Production capacity adjustment to demand

Corona integration: capture synergy Hydra/Corona

- Improvement in logistic

- Duratex Management System

- Zero Based Budget

- Improvement in Working Capital

Our focus in 2016

Significant increase in exports

DECA (in `000 items) 2007 2008 2009 2010 2011 2012 2013* 2014 2015

Metals 14.400 15.600 15.800 15.800 17.000 18.200 24.600 25.800 25.800

Sanitary Ware 3.800 6.200 7.200 7.200 9.800 9.800 12.250 12.250 11.460

TOTAL 18.200 21.800 23.000 23.000 26.800 28.000 36.850 38.050 37.260

WOOD (in `000 m³) 2007 2008 2009 2010 2011 2012 2013* 2014 2015

MDF 553 850 1.530 1.530 1.530 1.600 2.100 2.100 2.100

MDP 1.275 1.620 1.620 1.620 1.620 1.670 1.870 1.870 1.870

Hardboard 195 195 195 195 195 195 195 195 195

TOTAL 2.023 2.665 3.345 3.345 3.345 3.465 4.165 4.165 4.165

12

Disclaimer

13

The information contained herein was prepared by Duratex S.A. and does not

constitute an offering material, to subscribe for or purchase any of the Company’s securities.

This material also brings general information about Duratex S.A. and its markets. No

representation or warranty, express or implied, is made concerning, and no reliance should be

placed on, the accuracy, fairness or completeness of the information presented herein.

The Company can give no assurance that expectations disclosed in this presentation will be

confirmed.

February 2016

13