Consolidated Net Revenue

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2 Highlights: M&A Signing of a binding proposal for the acquisition of Thermosystem Indústria Eletro Eletrônica Ltda., valued at R$63 million Acquisition of the manufacturing unit of industrial valves, Metalúrgica Ipê, Mipel, upon payment of R$ 45 million Relevant Share Subscription in Tablemac (25%) for US$56 million Ongoing takeover bid to acquire an additional 12% stake for US$27 million PERFORMANCE Record Shipment Volumes in 2012 Wood: +12.9% to 1,935 thousand m³ Deca: +2.1% to 19,165 thousand items Record Net Revenue of R$2.5 billion, with an annual increase of 11.7% Recurrent EBITDA totaled R$719.7 million with a recurrent margin of 29.3% Year-to-date Recurrent ROE of 10.7% and 12.5% for the 3rd quarter 2

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4 Consolidated Net Revenue (R$ million) 3Q12 2Q12 Var.% 3Q11 Var.% 9M12 9M11 Var.% Consolidated Revenue , , Wood , , Deca Gross Margin 35.1% 34.2% % % 34.3% - GEOGRAPHICAL DISTRIBUTION OF SALES 3Q 2012 (%) NET REVENUE BY PRODUCT 3Q 2012 (%) Foreign Sanitary Market Ware 5% M.D.P. 17% 22% Domestic Market 95% Metal Fittings 18% Components 1% Hardboard 7% M.D.F./ Flooring 35% 4

5 Operating Highlights: Wood panels demand in Brazil MDF MARKET (in 000 m³) +3.5% 2,962 3,065 1,413 1,861 2,037 2,263 2,352 CAGR: 13.8% (3.3x GDP) +12.8% 2,287 2, % M/11 9M/12 3T11 3Q11 2T12 2Q12 3Q12 3T12 MDP MARKET(em 000 m³) ,102 2,186 2,548 2,633 2,431 2,885 2,985 CAGR: 6.0% (1,5 x GDP) +6.4% 2,250 2,394 +1% +3.4% M/11 9M/12 3Q11 3T11 2Q12 2T12 3Q12 3T12 SOURCE : ABIPA ANNUAL CAPACITY (in 000 m³)* NOMINAL EFFECTIVE* AVAILABLE* MDF 5,000 4,290 3,980 MDP 4,740 4,030 3,590 Total 9,740 8,320 7,570 *Duratex estimate for 2012: Effective annual capacity of the industry based on the lines already installed, after periods of ramp-up and minor investments needed Available: Without the investments mentioned aove 5

6 Operational Highlights SHIPMENT (in 000 m³) MDP, MDF, Hardboard + Exports +13.0% 1, ,935.1 NET REVENUE (R$ million) +14.2% 1, , % +12.6% % +14.6% M11 9M12 3T11 3Q11 2T12 2Q12 3T12 3Q12 9M11 9M12 3Q11 3T11 2Q12 2T12 3Q12 3T12 6

7 Operating Highlights: Building Materials Industry ABRAMAT INDEX INTERNAL MARKET Achieved and Projected for until Sep/ e Source: Associação Brasileira da Indústria de Materiais de Construção ABRAMAT INDEX: Monthly indicator of sales performance, in R$, of the Building Materials Industry; performance in relation to the same period of the previous year 7

8 Operating Highlights SHIPMENT (in 000 pieces) NET REVENUE (R$ million) +2.1% 18,776 19, % +2.0% % +11.1% 6,780 6,225 6, % M11 9M12 3Q11 3T11 2T12 2Q12 3Q12 3T12 9M11 9M12 3T11 3Q11 2T12 2Q12 3T12 3Q12 8

9 Financial Highlights (R$ million) 3Q12 2Q12 Var.% 3Q11 Var.% 9M12 9M11 Var.% EBITDA Extraordinary Events Recurrent Ebitda Recurrent Ebitda Margin 30.0% 29.3% % % 27.7% - Net Income Recurrent Net Income EQUITY (R$ million) and RECURRENT ROE (%) 10.2% 10.7% 11.4% 10.4% 12.5% 3, , , , , M11 9M12 3Q11 3T11 2Q12 2T12 3Q12 3T12 Patrimônio Equity ROE Recurrent recorrente ROE 9

10 Highlights by Division NET REVENUE (R$ million) and GROSS MARGIN(%) RECURRENT EBITDA (R$ million) and EBITDA MARGIN (%) +14.2% 1, , % +14.6% % % +15.0% M11 9M12 3Q11 3T11 2Q12 2T12 3T12 3Q12 9M11 9M12 3Q11 3T11 2T12 2Q12 3T12 3Q % 32.6% 32.8% 32.6% 33.6% 28.9% 32.1% 29.3% 33.1% 33.3% INSTALLED CAPACITY & OCCUPANCY RATE for 3rd QUARTER 2012 (over available capacity) ANNUAL CAPACITY (in 000 m³) NOMINAL EFFECTIVE* AVAILABLE** MDF 1,800 1,600 1,470 MDP 1,900 1,670 1,400 Hardboard Total 3,910 3,465 3,065 MDF MDP HARDBOARD 95% 94% 99% * Effective annual capacity of Duratex based on the lines already installed and minor investments needed ** Without such minor investments mentioned 10

11 Highlights by Division NET REVENUE (R$ million) and GROSS MARGIN(%) RECURRENT EBITDA (R$ million) and EBITDA MARGIN (%) +7.3% % = % +9.1% % M11 9M12 3Q11 3T11 2Q12 2T12 3T12 3Q12 9M11 9M12 3T11 3Q11 2T12 2Q12 3T12 3Q % 38.3% 38.9% 37.2% 38.0% 25.8% 24.1% 24.0% 22.3% 23.7% INSTALLED CAPACITY & OCCUPANCY RATE for 3rd QUARTER 2012 ANNUAL CAPACITY (in 000 items) NOMINAL SANITARY WARE METAL FITTINGS Sanitary Louças Ware Metals Metais 94% 98% Total

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13 Economic Scenario Positive Indicators UNEMPLOYMENT RATE IN BRAZIL (%) DISPOSABLE INCOME (R$ MM) % 484, , , , , , , ,634 CAGR: +7.37% jan/ feb/12 jan/12 mar/12 fev/12 mar/12 apr/12 abr/12 may/12 mai/12 jun/12 jun/12 jul/12 jul/12 aug/12 ago/12 Source: IBGE MINIMUM WAGE (in R$) CAGR: +9.72% e Source : BACEN Source : IBGE INTEREST RATE (% AA) jul/11 Jul/11 ago/11 aug/12 otu/11 oct/11 dez/11 dec/11 jan/12 /12 mar/12 abr/12 apr/12 mai/12 may/12 jul/12 aug/12 ago/12 oct/12 out/12 Source : BCB 13

14 Economic Scenario Positive Indicators REAL GDP -VAR.% YEAR TOTAL CREDIT / GDP (BRAZIL) % 45.0% 46.6% 49.1% 50.7% 50.8% 51.0% e 2013e Source: Index Mundi jun/12 jul/12 ago/12 Aug/12 Source : BCB FOOD BASKET IN SP x MINIMUM WAGE (purchasing power) 52.0% 56.5% 57.7% 350, % 52.0% 50.9% 49.2% aug/12 ago/12 Source : IBGE and DIEESE Salário Minimum Minimo Wage (R$) (R$) Cesta Food Básica Basket em in SP SP (R$) (R$) % 14

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16 INDEBTEDNESS R$ /30/ /30/2012 Var. R$ 09/30/2011 Var. R$ Short Tem Debt 855, ,495 66, , ,863 Long Term Debt 1,394,688 1,271, ,149 1,322,915 71,773 Total Debt 2,250,405 2,061, ,371 1,907, ,636 Cash 857, ,010 49, , ,745 Net Debt 1,392,668 1,253, ,644 1,196, ,891 Net Debt/ Equity (%) 35.3% 32.8% % - Net Debt / EBITDA (last 12 months) AMORTIZATION SCHEDULE (R$ million) ORIGIN OF DEBT (%) Foreign Currency 8%* Cash Caixa 4Q12 4T e and após after Domestic Currency 92% * 100% hedge for R$ 16

17 Consolidated CAPEX (R$ million) THERMOSYSTEM e Q12 TABLEMAC and MIPEL 9M PROJECTS PRODUCT QUEIMADOS (SP) Sanitary Ware Capacity increase by +2.4 million items/year, from 9.8 to 12.2 million pieces of capacity/year JUNDIAÍ (SP) Metal Fittings Capacity increase of +1.2 million items/year, from 17.0 to 18.2 million pieces of capacity MIPEL (SP) Industrial Valves Capacity of 780 thousand items/year for R$ 45 million Eletronic Showers and Solar Signature of Binding Proposed acquisition of the shower THERMOSYSTEM (SC) heaters operation with capacity of 1.5 million items/ year PROJECTS PRODUCT ITAPETININGA (SP) MDF Effective Capacity: 520,000 m³/year TAQUARI (RS) MDP Effective capacity increase to 670,000 m³ of capacity TABLEMAC (COLOMBIA) MDF and MDP Approval of the underwriting proposal and subscription of 25% of shares, plus a 12% takeover bid in early November/12. Nominal MDP capacity of 110,000m³/year and MDF 132,000 m³/year 17

18 Major investments - Recent Acquisitions Signing of a binding proposal for the acquisition of Thermosystem Electro Electronica Ltda., based in Tubarão (SC) Acquisition of the industrial valves unit (Metalurgica Ipe - Mipel) of Lupatech S.A., located in Jacareí/SP Production capacity: 1.5 million items/year R$ 63 million Capacity: 780,000 items/year R$ 45 million Duchas Digitais Duchas Eletrônicas Duchas Multitemperaturas Aquecedor Solar Torneira Eletrônica Approval of the underwriting proposal and subscription of 25% of shares of Private company with shares listed on the Stock Exchange of Colombia Segments: wood panels, doors, and furniture Market share in Colombia of 36% approximately in MDP Pioneiros na produção de MDF na Colômbia (2012); Import from Chile and Ecuador, mainly At the beginning of November/12 participation should be increased to 37% through an takeover bid (R$ 55million) 18

19 Capacities Effective Capacity (in 000 m³) +40.8% MDF ,530 1,530 1,530 1,600 2,252 2,252 MDP 1,275 1,620 1,620 1,620 1,620 1,670 1,780 1, % Hardboard New plant MDF or MDP Nominal Capacity (in 000 items) +7.1% +4.3% Metals 14,400 15,600 15,800 15,800 17,000 18,200 18, % Sanitary Ware 3,800 6,200 7,200 7,200 9,800 9,800 12,560 Thermosystem (Eletronic showers and solar heaters) 1,500 19

20 ANNEX

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22 Corporate Governance SHAREHOLDER STRUCTURE (09/30/012) Itaúsa 40.0% Ligna 20.0% HIGHLIGHTS 100% common shares. 1 share, 1 vote Tag along of 100% Treasury 0.3% Foreign Investors 27.1% Pension Funds 2.0% Other Local Investors 10.6% Dividend policy: 30% of the adjusted Net Income Joined the Board of Arbitration of the BM & FBOVESPA Existence of Board of Directors Committes Audit and Risk Management* Personnel Governance and Nominating Committee* TOTAL OF SHARES: Shares in the treasury: Sustainability Committee* Committee for Evaluating of Transactions with Related Parties (composed only of independent members) Disclosure and Negotiation Committee (led by Director of IR) * Chaired by independent Board Members Duratex was ranked 1st place among the 100 largest companies listed on the BM & FBovespa with grade 10, in assessing the extent the Board of Directors in the Award "Best Companies for Shareholders " - Revista Capital Aberto. 22

23 Diversity of products Industrialized wood panels: Hardboard Medium density particleboard - MDP Medium density fiberboard - MDF and HDF Laminate BP Laminate High Resistance Flooring (Durafloor) Components The releases of new patterns follow market trends 23

24 Diversity of products Sanitary Ware: Lavatory Sinks Toilet bowls Metal Fittings Faucets Mixers Flushing valves Valves Showers and components Accessories Paper Rack Towel Rack Soap dish, among other In recent years there were launched products for the premium, mid and competitive segments. 24

25 Gains of scale and vertical integration Forest 230,000 hectares of land 140,000 hectares of planted forests Harvested between 6 and 7 years Low distance between forests and plants Increased productivity Inaugurated in April / % self-sufficiency in São Paulo, 65% of total Resin Factory 25

26 Geographic diversification (Mipel) 26

27 Geographic diversification (TABLEMAC) 27

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29 Corporate Awards Isto É Dinheiro Magazine Best Company in the Building Materials and Decoration Segment. It s the sixth consecutive year that the company wins in such category First place in the Building Materials and Decoration sector Besides the first place in the industry, Duratex highlighted in the following criteria: - Sustainable Growth (first place) Valor Econômico Newspaper - Net Revenue (second place) - Value Creation (second place) - Activity Margin (within the top 8) Época Negócios Magazine Good Environmental Practices Brazilian Association of Listed Companies Winner in the category Industry Focus Pulp and Paper, as best case of value creation in 2011 Época Negócios Magazine Top Móbile Best company in the Construction and Decoration Materials segment - Were evaluated largest companies from 30 sectors in six dimensions: financial health, governance, innovation, human resource policies, environmental responsibility and future vision Duratex won for the fifth consecutive Top Mobile Award (most remembered brands), one of the most important of the furniture sector in the country: First place in the categories of MDP and Panels MDF Panels, Industry Suppliers segment. 29 Exame Magazine Forestry Business Unit was the best in the wood and pulp segment 29

30 Sustainability: 2nd Shareholders Meeting Panel of Experts - 08/16/2012 OBJECTIVE: Gather market experts perception, on the activities carried on by Duratex business divisions, and build relationship with its stakeholders Internalize the issues of greatest importance in strategic planning and relationships with key stakeholders PUBLIC - presence of 25 experts, highly recognized in the market, with extensive experience and deep knowledge Experts in: Sustainability Governance and capital market Annual Report in GRI standards Experts in the segments: Sanitary Ware, Metal Fittings, forestry and panels DESTAQUES: Individual interviews with each expert throughout the event on free subject A debate on topics previously defined Painel de Colaboradores -08/ 22/2012 OBJECTIVE: Expand analysis on the Company s activities and evaluate drivers and practices adopted by the Company in connection with its People Management Collect employees' perceptions about the practice of Duratex values in order to support the analysis of critical points to be prioritized by Duratex Register suggestions for improvement of the critical points highlighted during the work Compose the Materiality Matrix for the next year Annual and Sustainability Report 30

31 Sustainability 230 thousand hectares of lands Minas Gerais São Paulo Rio Grande do Sul 140 thousand hectares of planted forestry Harvest cycle between 6 and 7 years Low distance of timber supply Increasing productivity (m3/ha. Year) Conservation of native forests EVOLUTION OF PRODUCTIVITY OF DURATEX FORESTRY São Paulo (m³/ha. Year) % Certifications (FSC and ISO14.001) Anos 60 Anos

32 Duratex selected as an index component of the Dow Jones Sustainability World Index 2012/2013 Dow Jones Sustainability World Index - one of the most prestigious sustainability indexes and select financial market Were invited 2,500 companies from 58 different sectors of activity, representatives from 30 different countries in the North and South America, Europe, Asia, Africa and Oceania 340 were selected to join the new portfolio of DJSWI, of these, nine Brazilian companies A total of 34 criteria in the dimensions: Environmental, Economic and Social Duratex was the only Latin American company in the sector of Building Materials to be chosen to integrate the portfolio achieved the absolute grade of 79, thus ranking among the top 10%, with result of 93% BEST GRADE OF THE SECTOR IN 5 CRITERIA:. Antitrust Policy. International Standards Production. Crisis and Risk Management. Transportation and Logistics. Stakeholder Engagement 32

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34 Stock Performance Comparative performance of DTEX3 and Ibovespa (year-to-date until 10/23/2012) 180,00 160,00 140,00 120,00 100,00 80,00 60,00 40,00 Duratex x Ibovespa 100 Basis DTEX Base 100 IBOV Base 100 Basis % +2% MARKET VALUE (R$ millions) +57% 7,698 4,

35 Investor Relations