XP Inc Results Presentation Deck

Institutional and Issuer Services Institutional Revenue (in R$ mn) 375 2Q21 +16% 548 1Q22 436 2Q22 Highlights ▪ Institutional revenue has increased 16% YOY, especially related to FICC strategies In 2022, Institutional revenue accounted for 12% of consolidated Net Income from Financial Instruments Issuer Services Revenue (in R$ mn) 255 2Q21 -17% 121 1Q22 210 2Q22 XP Inc. Highlights The pent-up demand and robust pipeline in DCM we had anticipated back in March led to a 74% increase in Issuer Services revenue QoQ, despite lower Capital Markets activity levels relative to 2021, especially due to ECM 16

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