XP Inc Results Presentation Deck

Institutional and Issuer Services Institutional Revenue (in R$ mn) 307 ■ 4Q20 +6% 281 3Q21 326 4Q21 Highlights Mostly driven by strong volumes in offshore desks Issuer Services Revenue (in R$ mn) 323 4Q20 -16% 284 3Q21 270 4Q21 XP Inc. Highlights ▪ Strong performance from DCM division, coupled with weaker ECM activity in Brazil, and a growing contribution from M&A. 24

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