Pix Evolution and Implementation

SUMMARY PRESENTATION IDEALIZATION EVOLUTION NUMBERS FUTURE The launch of Pix features regarding the payments initiation service has been staggered as determined by the Open Finance rollout schedule. The entire regulatory framework and infrastructures of Open Finance and Pix are ready to receive Pix transactions by payment initiation since October 2021, for transactions initiated by Pix aliases, by manual data entry or payment initiation services in cases where the participant has all the payee user's information, and since December 2021, for transactions initiated by reading a QR Code and for scheduled transactions. < ABC STORE Check-out Total amount R$120,00 Choose the payment method Credit card Boleto Pix Pay Step 1: User consent. The payer informs or confirms Pix transfer information on the initiator environment and provides consent to initiate the payment transaction. ☐ 21:34 INFOGRAPHIC 7 Pix transfer journey through a payment initiation service provider The payment journey of a Pix transfer through a payment initiation service has the following steps: Consent ABC STORE Payment confirmation Total amount: R$120,00 From: Payer: Fulano de Tal Bank: PSP DEF Branch: 0123 Account: 456789 Current account To: Payee: ABC Store Tax ID: 12.345.678/0001-99 IMPORTANT This transaction will be processed only after the authentication on the payer's account institution, under the existence of funds on the selected account. Pay Cancel < 21:34 2 Redirection from the initiation provider environment to the payer's account institution Step2: Authentication. Payer is redirected to the institution holding his/her account (e.g. a bank or a fintech) for authentication purposes. Authentication اس PSP DEF Branch: 0123 Account #: 456789 Password: Access account 미 21:34 Confirmation PSP DEF 3 Step 3: Confirmation. Payer, on his/her account environment, confirms the Pix transaction. 21:34 Redirection from the payer's account institution to the initiation provider environment. ABC STORE Your payment has been confirmed! Do you confirm the following transaction? Amount: R$120,00 Payee: ABC Store Tax ID: 12.345.678/0001-99 < ☐ Order # 123456789 Pix identificator # 10#E12345678202108311200090012345678 ☐ 21:34 14

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