Afya Limited · NASDAQ:AFYA

Afya — Merger or Acquisition (November 2019)

8 slides from Afya's merger presentation, Nov 4, 2019

  1. Slide 1: Afya Announces the Acquisition of UniRedentor Sociedade Universitária Redentor

    Afya Announces the Acquisition of UniRedentor Sociedade Universitária Redentor November 2019

  2. Slide 2: Transaction Summary

    2 Transaction Summary FORMAT Afya Limited through its wholly - owned subsidiary Afya Participações S . A . acquired 100 % of the total share capital of Sociedade Universitária Redentor , or UniRedentor . UniRedentor is a high quality post - secondary education institution , located in the State of R

  3. Slide 3: Transaction Rationale

    3 Transaction Rationale Geographical Diversification Medical Education Focus Synergies & value creation Potential Upsides x Afya’s entry in a new s tate of BR Southeast : Rio de Janeiro (2nd largest GDP in Brazil) x Adds 112 medical school seats to Afya’s network, expanding its number of authorized

  4. Slide 4: UniRedentor Overview

    4 Itaperuna * IGC and CC are official MEC (BR Ministry of Education ) metrics that indicates the quality of an educational institution and its courses , in a range of 1 to 5: • IGC (Índice Geral de Cursos - General Courses Index): general concept for the instituion • CC (Conceito de Curso - Course C

  5. Slide 5: UniRedentor will contribute to Afya's strategy

    5 UniRedentor will contribute to Afya’s strategy Continuing Medical Education Medical Specialization Programs Medical School Residency Preparatory Courses Afya’s Segments 18 - 24 years old 24 - 26 years old 26 - 28 years old 28+ years old ~ 6.3k* B2C Students 1,572 seats ~7.6k ~1.8k ~1.0k 93,000 15,

  6. Slide 6: Afya post Transaction

    6 Afya post Transaction Digital Platform & Schools Operating Undergraduate Schools Operating Graduate Schools Approved Undergraduate Schools Digital Platform Legend Presence in Rio de Janeiro Campus State # Medicine Seats * Started Operation % of Maturation Stage *** Porto Nacional TO 120 2004.2 100

  7. Slide 7: Afya post Transaction: Build-Up of Future Medical Students

    7 Afya post Transaction: Build - Up of Future Medical Students Current Medical Students @Maturity Projected Post - IPO Acquisition (after IPEC and UniRedentor ) 11.3k UniRedentor @Maturity 0.8k 5.5k Projected Future Medical Students 17.6k ~12.1k At maturation + 14% CAGR until 2025 ~4.5k Medical Stud

  8. Slide 8: Thank You!

    8 Thank You ! Contact : IR@AFYA.COM.BR

Afya — Merger or Acquisition (November 2019) on 6ix