#1n EMPOWERING PEOPLE AND BOOSTING BUSINESS >> Senior Management Technology Institutional Presentation CONFIDENTIAL | MAY 2023 >> Senior#25 DISCLAIMER The information contained in this presentation is confidential information. accordingly, the information included herein may not be referred to, quoted or otherwise disclosed by you. in reviewing this information, you are acknowledging the confidential nature of this information and are agreeing to abide by the terms of this disclaimer. This confidential information is being made available to each recipient solely for its information and is subject to amendment. The following applies to this document, the oral presentation of the information in this document by Senior Sistemas S.A. (the "Company," "we" or "our") or any person on behalf of the Company, and any question-and- answer session that follows the oral presentation. In viewing or accessing this presentation, you agree to be bound by the following terms and conditions. This presentation is intended solely for investors that are either (a) qualified institutional buyers (as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act")) ("QIBS") or (b) certain institutional investors that are outside the United States and are not U.S. persons (within the meaning of Regulation S under the Securities Act). The presentation is intended solely for the purposes of familiarizing such investors with the Company and determining whether such investors might have an interest in a securities offering contemplated by the Company. The Company is not currently making any offer to sell, or soliciting any offer to buy, securities and cannot accept any orders for securities at this time. This presentation should not be construed as a prospectus or offering document and you should not rely upon it or use it to form the definitive basis for any decision, contract, commitment or action whatsoever, with respect to any proposed transaction or otherwise. This presentation has been prepared solely for use in connection with the evaluation of an offering of securities of the Company to be offered only to QIBS or outside the United States to persons other than U.S. persons in compliance with Regulation S under the Securities Act. Securities of the Company have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction within the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of US securities laws. No offers of securities will be made, and no orders will be accepted, until the issuance of preliminary offering documentation in connection with an offering and the formal launch of an offering by the Company. Were the Company to proceed with an offering of securities, before you invest, you should read the preliminary and final offering documentation for more complete information about the Company and the proposed offering. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, qualification or exemption under the securities laws of such state or jurisdiction. In addition, this document and any materials distributed in connection with this presentation are not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. This presentation is private and confidential. You and your directors, officers, employees, agents and affiliates must hold this presentation and any oral information provided in connection with this presentation in strict confidence and may not communicate, reproduce, distribute or disclose it to any other person, or refer to it publicly, in whole or in part at any time except with our prior written consent. If you are not the intended recipient of this presentation, please delete and destroy all copies immediately. This presentation was prepared by the Company. Neither the Company nor any of its affiliates, officers, employees or agents, make any representation or warranty, express or implied, in relation to the fairness, reasonableness, adequacy, accuracy or completeness of the information, statements or opinions, whichever their source, contained in this presentation or any oral information provided in connection herewith, or any data it generates and accept no responsibility, obligation or liability (whether direct or indirect, in contract, tort or otherwise) in relation to any of such information. The information and opinions contained in this presentation are provided as at the date of this presentation, are subject to change without notice and do not purport to contain all information that may be required to evaluate the Company. The information in this presentation is in draft form and has not been independently verified. The Company and its affiliates, officers, employees and agents expressly disclaim any and all liability which may be based on this presentation and any errors therein or omissions therefrom. Neither the Company nor any of its affiliates, officers, employees or agents makes any representation or warranty, express or implied, that any transaction has been or may be effected on the terms or in the manner stated in this presentation, or as to the achievement or reasonableness of future projections, management targets, estimates, prospects or returns, if any. >> Senior 2 of 27#3Senior 3 of 27 >> Senior#4Senior 너 Our presence expands througout LatAm + 35 years of history + 2.700 employees +11.000 customers +160 channels of distribution 11 branch offices 6 countries served D Brazil +6 MM employees +8,7k customers Colombia +700k employees +2,3k customers Peru +17k employees +110 customers Ecuador +1k employees 15 customers Guatemala +8k employees 15 customers Mexico +500 employees 1 customer Chile and Honduras On the Roadmap >> Senior 4 of 27#5+35 +20 +25 High Standards of Governance Best-in-Class Board of Directors Differentials Regarding Corporate Governance 10 years of Strong Corporate Governance +35 Jorge José Cenci, Founder & Chairman ACATE AUCT Guido Heizen, Founder, Vice Chairman Kleiner Schein Incantando Ambientes Luis Lobão, Independent hsm FDC FUNDAÇÃO DOM CABRAL Hevertom Fischer, Minority Representative scventures SC Angels 03 +35 D Nésio Roskowski, Founder AUDIT Variable remuneration driven by results and employee partnership Data Transparency Audited by Big 4 since 2018 program Individual KPIs for each area Great Place To Work. Certificado Alencar Berwanger >> Senior New Businesses קווין INSEAD Hermínio Gastaldi >> Senior +30 +20 Carlênio Castelo Branco CEO 이 Executive Board UNIVERSIDAD MAYOR Getnet UPE UNIVERSIDADE DE PERNAMBUCO +30 IR and Claudia Ferris Independent Microsoft +28 Carlos Valle Technology TOTVS Linx +35 Sales HBS UCB FURB 5 of 27 THE UNIVERSITY OF CHICAGO +20 Rubens Barhum, Independent +25 Jean Paul Vieira Marketing and Products Jussara Dutra HSBC Linx TOTVS +30 People and FDC FGV Organization UNIVERSITY OF WESTMINSTER # BUNGE псираны Whillian Brose Metap Gilvanio Ballmann >> Senior +25 coimex bahiasul Barhumi Services +30 HCL Tech ✓ Controller XBA esade FLKB # years of experience >> Senior#6Senior Our software empowers our customers in their digital transformation process HCM MANAGEMENT CAPABILITY Creating and developing solutions that promote efficiency and enable an assertive and strategic management FINTECH CAPABILITY ii Benefits Digital Account Payroll-linked Loan ERP Back Office WMS & TMS Access & Security ERP Specialization Manufacturing >> Senior Construction Logistic PLATFORM CAPABILITY Agribusiness Services SeniorX Platform Marketplace SeniorX >> Senior 6 of 27#7Senior Creating Efficiency in Diverse Sectors Manufacturing Logistics Altenburg kappesberg bem dormir bem viver ADAMI S/A Embalagens Plaszom Iso 9001 Hero brasil Hennings Mangueiras e Conexões All4Labels GLOBAL PACKAGING GROUP HCM Customers with +20k employees weg FIAT Sicredi ATACADÃO Grendene Copacol B BRASANITAS verzani &sandrini AlmavivɅ Штрела в Сохтанг Hagana Access and Security Magalu LUFT LOGISTICS CENTAURO ATACADÃO AREZZO FAST *privalia infra.commerce Fiscal Compliance Correios TOK&STOK ВНОР Construction PORTO SEGURO EZ TEC Correios PEPSICO ★ Heineken vivo FIAT S Shopee Helbor sumber-se can c BR PETROBRAS embraco HUAWEI Agribusiness Copagril SCHEFFER **OLFAR HEROIA Coccermil COTRIROSA Coocafé AGROPALMA TRISUL mitre* 88 Multiplan 7 of 27 >> Senior#85 ہر TTTT Financial Performance >> Senior 8 of 27#9G Financial Performance Highlights 2022 & Senior grew 23% and reached net revenue of R$ 718 MM Recurring revenue grew 31% in the year and reached 72% of gross revenue 9 of 27 Acceleration of recurring cloud revenue with growth of 57% EBITDA grew 22%, closing at R$ 198 MM with a margin of 28% Net Profit grew 30%, closed at R$ 135 MM with a margin of 19% >> Senior#10Financial Performance 5 Resilience and Predictability in Different Macroeconomic Cycles 900 Net Revenue (R$MM) 700 600 500 Rule of 40(1) (%) 43% 55% 69% 41% 51% 412 400 382 300 297 252 228 206 200 180 133 108 100 8 13 18 25 27 33 41 50 63 69 79 89 Notes: 583 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 I Net Revenues (R$MM) (1) Consists of summing the net revenue growth and EBITDA margin of the year Rule of 40 (%) 718 Revenue CAGR (2000-2022) 22% Revenue Growth (22 vs. 21) 23% >> Senior 10 of 27#11Financial Performance 5 Resilient Business Model... with history of growth in different macroeconomic cycles NET REVENUE (R$MM) RECURRING REVENUE SHARE 141% 412 382 297 718 582 2018 2019 2020 2021 2022 LAST 5 YEARS 31% 37% 33% 28% 25% 46% 69% 63% 67% 72% 75% 54% 2018 2019 2020 2021 2022 1Q23 Recurring Non Recurring >> Senior 11 of 27#12Financial Performance Resilient Business Model... with history of profitability in different macroeconomic cycles EBITDA AND EBITDA MARGIN (R$MM; %) NET PROFIT AND NET MARGIN (R$MM; %) NET CASH PROVIDED BY OPERATING ACTIVITIES (R$MM) 25% 26% 161% 33% 28% 28% 195% 21% 19% 18% 17% 15% 198 162 136 98 76 16 135 103 88 64 46 63 89 180% 176 141 130 97 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 LAST 5 YEARS >> Senior 12 of 27#13G Financial Performance Highlights 1023 ६ 13 of 27 Senior grew 18% and reached net revenue of R$ 198 MM Recurring revenue grew 28% in the year and reached 75% of gross revenue Acceleration of recurring cloud revenue with growth of 39% EBITDA grew 26%, closing at R$ 57 MM with a margin of 29% Net Profit grew 42%, closed at R$ 38 MM with a margin of 19% >> Senior#145 100 Growth Avenues >> Senior 14 of 27#155 Growth Avenues ORGANIC GROWTH MARKET There is room for further growth... + MARKET SHARE EXPANSION + TAM EXPANSION + M&A MACHINE TAM for Management Software grows at a 2 digit rate Average spending in LA is 3. times less than maturity markets Customers in average spending 0,1% to 0,3% of their gross revenue with us Companies looking for modern and flexible solutions - ERP Composable Specialized and Segmented Solutions Distribution Capabilities Our investment in Wiipo expands our TAM in 6 times just in our customers base Platform expand our TAM to new large markets like BPM, BOT, Sign, Analytics Marketplace Solid inorganic track-record: 26 M&As completed From Strategy to Execution It is still a very fragmented market Cloud is a drive for growth Strong Brand Reputation LatAm Expansion There is pipeline and good opportunities 15 of 27#16Growth Avenues ORGANIC GROWTH MARKET LARGEST ADDRESSABLE MARKET Latin America Source: IT Services Forecast - 2022, Gartner Brazil US$ 9 bi ...with high growth prospects US$ 23 bi (Growth in spending on software and services - YoY) Although Brazil spends 11.5x less than OECD countries on enterprise software Brazilian Enterprise Software Spending as % of GDP Enterprise software spending/employed worker (US$/employee) US$334 0,5% 0,3% 0,15% US$29 Brazil 2023 11,48% 10,80% 8,77% 10,06% 9,78% 11,14% 10,37% 2024 8,65% 9,67% 9,69% 10,93% 10,64% 2025 8,70% 9,66% 9,66% US$682 2026 OECD United States 10,47% 10,35% 8,83% 9,77% 9,70% LatAm ■Brazil Europe USA World 16 of 27 >> Senior#17Growth Avenues MARKET SHARE EXPANSION 5 MODE 1 - STABILITY Sustainability Compliance Governance ESG BIMODAL IT STRATEGY THE FUTURE OF ERP IS COMPOSABLE MODE 2 - AGILITY Flexibility Exponential Scale Gain Industry 4.0 A.I. and Automation Gartner 17 of 27#18Growth Avenues MARKET SHARE EXPANSION Strong Presence in High-Growth and Sizeable Industries Generating Exponential Opportunities HR 88mm employed Brazilians (of which, 53mm are formal workers¹) 11% of all Brazilian formal employees are managed by Senior's HCM platform Gartner, Representative Vendor 2021 Logistics 37% e-commerce growth in LatAm in 2020 (largest rate worldwide) 35% of all Black Friday orders in Nov-20 were made through Senior's logistics system² & Construction 11.5k launches in 2Q21 (+30% vs. 1Q21) 30 of the 100 largest Construction Companies are our customers Source: CAGED, IPEA, IBGE, Abrainc, Insider Intelligence, Technavio and CEPEA-USP Agribusiness 33% growth rate between 2014 and 2020 (represents 27% of Brazil's GDP) 7 of 10 largest agribusiness cooperatives are our customers Notes: (1) 42mm private workers and 11mm public workers, (2) According to orders registered by EbitNielsen during November 2020 >> Senior#19Growth Avenues TAM EXPANSION 5 Potential Increase in ARPU Several Opportunities to Explore New Monetization Avenues Increasing Customers LTV Senior fintech wiipo Senior Senior + Wiipo Fintech Wiipo Monetization Avenues Senior HCM Payroll-linked Loan Wiipo Club Wiipo Flex Potential Increase in ARPU ARPU 1,0x 1,6x 1,8x 2,1x For every R$1 in recurring revenue from HCM, with current Wiipo products, there is potential for an increase of R$5,5, reaching R$6,5 in ARPU. 6,5x >> Senior 19 of 27#20Growth Avenues TAM EXPANSION senior store +200 solutions seniorX store Setores Pesquise aqui soluções para seu negócio.. Software e Aplicativos +100 providers Cadastrar Entrar Seja um Parceiro Soluções Complementares Treinamentos Serviços EDM XStudio Lu @ SIGN Electronic Document e-Signature Management SOCIAL Corporate Social Network Na dúvida? Solicite uma demonstração gratuita. Clique aqui Compra Rápida Atendimento Exclusivo Compra Segura Destaques Gerencie seus colaboradores ♡ ande estiver wiipo Thanx Gerador de Lote Colaborador Gestão da Jornada de Trabalho Ver toda categoria O cartão carregado de beneficios Wiipo Flex- Cartão de Benefícios Flexíveis BOT BPM CONNECT Automated ChatBot Processes Management Integration Platform X Platform >> Senior 20 of 27#21Growth Avenues M&A MACHINE 5 M&A and Corporate Venture From Strategy to Execution Strong Execution Acquisitions mega Sistemas paralys Sylhex WMS (civil construction) work crm Investments Mindsight calenta aly, (talent analytics) obra prima (portfolio consolidation) New Branches Minas Gerais Rio Grande do Sul prodama (agri expertise - MT/PR) OBRA PLAY ContaMínima Single offering Few verticals TMS Trucker open tech unit SESTAO DE TRECOMM VCX- Intelup SOFtran Informática da Transp (logistics) Mato Grosso do Sul Next DF and GO channel São Paulo Countryside (Indústria 4.0) 2021 Acquisitions GKO READY NOVASOFT TO EXPANSION More complete offering Several verticals 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Acquisitions per Year Investments per Year 19 Acquisitions 1 1 1 1 1 3 1 22 2 1 1 4 1 2 1 1 1 1 7 Investments Convenix 21 of 27#22Growth Avenues M&A MACHINE M&A Pipeline Operation Type Solution Annual Revenue (R$) HCM >250 MM Brazil M&A Agribusiness 60 MM HCM 50 MM Construction 15 MM HCM 60 MM LatAm M&A ERP 50 MM ERP 5 MM HRTech 20 MM Investment Brazil Construction 12 MM 522 MM >> Senior 22 of 27#23Senior Consolidating a Hard to Replicate Business Model Reputation Quality recognition by its customers and partners in the offering of integrated solutions High customer satisfaction and relationship Technology Complete product portfolio Full Ecosystem + Senior X + Wiipo + Platform Capillarity Strong Presence in Brazil, with Plenty of Room in Latin America M&A Strategy Constant M&A Execution in the Last Years Partners Strong and long-lasting relationship with several partners ~11k customers 26 M&A/investments +50 partners Several barriers for current and newer players to compete with Senior, which delivers a well structured and complete ecosystem Brazil Fully suited to Brazil's business Environment (Brazil cost) +35 years of operation >> Senior 23 of 27#24Senior 5 Closing Remarks ६ Consistent cash generation and focus on long term profitability Robust execution track-record in Management capability High growth potential in Fintech and Platform capabilities Grow organically with the expansion of our market presence in Brazil and Latin America Continue investments in M&A and Corporate Venture Maintain track-record of growth and profitability Senior 24 of 27#25n Investor Relations W >> Senior Tecnologia para Gestão [email protected] ri.senior.com.br +55 47 3039-5013 senior.com.br