Ultrapar operates as the holding company of Grupo Ultra, carrying out strategic management and disciplined, efficient capital allocation in sectors where it can contribute meaningfully to value creation, with high growth potential and returns, such as energy, logistics infrastructure, and mobility.
Its strategy is based on strict financial discipline, long-term vision, and efficient and agile management, focused on maximizing value creation across business cycles.
Based on these principles, Ultrapar positions itself as a strategic holding company, with robust governance practices and aligned incentives, guided by consistent decision-making across the economic cycle and committed to sustainable long-term value creation, always acting in the best interest of Grupo Ultra.
1. Investment with disciplined capital allocation
inorganic growth and new businesses Discipline in capital allocation is one of Ultrapar’s main competitive advantages. Investment decisions are based on clear financial criteria and deep knowledge of the sectors in which the Group operates. Sustainability principles are integrated into the decision-making process from origination through post-investment management, ensuring strategic coherence, proper governance, and rigorous risk management.
2. Focus on sectors with long-term value-creation potential
where we can be the best shareholders Ultrapar seeks to operate in sectors with high growth and return potential, where it can act as the best possible shareholder—contributing, for example, through governance, financial discipline, operational expertise, and access to capital. This approach is guided by sustainable growth, integrity, and respect for minority shareholders, preserving consistency in value creation over time.
3. Value creation in the portfolio
The portfolio is managed through the Ultra Management Model, which combines autonomy with accountability, clear roles, and consistent performance metrics. Governance is agile, with clear guidelines and a structured monitoring cadence, reinforcing the role of the holding company as a driver of value creation across the entire portfolio.
4. Optimization of the cost of capital
Ultrapar maintains a solid financial structure, with adequate liquidity and a competitive cost of capital, ensuring resilience and flexibility to allocate resources throughout the cycle. This position allows the Company to seize market opportunities with agility, support priority investments, and reward shareholders in alignment with its financial discipline and long-term strategy.