Slide 1: Earnings Presentation 3Q25
3Q25 Earnings Presentation 3Q25
Slide 2: Disclaimer
3Q25 Disclaimer Forward-Looking Statements This document contains "forward-looking statements" within the meaning of the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact may be deemed forward-looking, includi
Slide 3: Guidance: focus on meeting our goals for 2025
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Guidance: focus on meeting our goals for 2025 2025 Guidance Δ% y/y 9M25 Results Δ% y/y EFFICIENCY | MONETIZATION | GROWTH Adj Gross Profit 1 (R$bn) > 6.375 +14.5% 4.657 +15.2% Adj Basic EPS 2 (R$/share) > 9
Slide 4: Strong consolidated results fueling ROE expansion
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Strong consolidated results fueling ROE expansion Consolidated operations 1 Adj Net Income Adj Basic EPS ROE 2 R$mn R$/share % +18% +31% +4pp +8pp X X 690 2.57 X X 631 2.33 33% 587 X 30% X 29% 1.97 X 22% 24
Slide 5: Consistent execution of our core business strategy
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Consistent execution of our core business strategy Continuing operations 1 Total Revenue and Income Adj Gross Profit R$bn R$bn +16% +12% X X 3.5 3.6 1.6 1.6 X X 1.4 3.1 46.9% 44.6% 45.0% 3Q24 2Q25 3Q25 3Q24
Slide 6: Sustained expansion in the MSMB payment client base
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Sustained expansion in the MSMB payment client base MSMB Payments Client Base MSMB TPV ‘000 R$bn +17% +11% X 4.7 X 4.5 X 122 126 X 4.0 114 y/y 18 20 +49.1% 13 y/y 38% 38% 34% 101 104 107 +5.8% 3Q24 2Q25 3Q2
Slide 7: Continued client base expansion and increased time deposit level
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Continued client base expansion and increased time deposit level Banking Active Clients Retail Deposits 1 mn R$bn +22% +32% Average daily Retail Deposits 6.3 8.3 8.8 +40% y/y X 3.3 3.5 8.8 9.0 X 2.8 X 6.8 T
Slide 8: Credit portfolio expansion with disciplined asset quality
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Credit portfolio expansion with disciplined asset quality Credit Portfolio NPL 2 Coverage Ratio 3 Cost of Risk 4 R$mn % % % +27% 20.2% X 2,298 q/q 16.8% X 227 1,808 +18% 388% 192 5.03% 10.2% 4.67% 280% 265%
Slide 9: Adjusted Costs & Expenses
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 Adjusted Costs & Expenses Continuing operations R$mn 3Q25 2Q25 3Q24 Δ% y/y Δ% q/q Comments on y/y highlights as a % of Total Revenue and Income Total Revenue and Income 3,566.8 3,500.9 3,062.5 16.5% 1.9% Co
Slide 10: R$465mn deployed in share buybacks in 3Q25
HIGHLIGHTS CONSOLIDATED RESULTS PAYMENTS BANKING CREDIT COSTS & EXPENSES CASH MANAGEMENT 3Q25 R$465mn deployed in share buybacks in 3Q25 Consolidated operations Adj Net Cash Position R$bn -1.4 Comments on q/q evolution -0.1 ✔ +R$1,056mn of net income plus non-cash expenses 1 X 4.9 ✔ +R$68mn from tax
Slide 11: Q&A
Q&A 3Q25
Slide 12: Appendix
Appendix 3Q25
Slide 13: Summary of Adjustment Statement of Profit and Loss
3Q25 Summary of Adjustment Statement of Profit and Loss Continuing operations ADJUSTED STATEMENT OF PROFIT AND LOSS FROM CONTINUING OPERATIONS R$mn 3Q25 % Rev 3Q24 % Rev Δ% y/y 2Q25 % Rev Δ% q/q Net revenue from transaction activities and other services 626.0 17.5% 808.5 26.4% (22.6%) 658.1 18.8% (4
Slide 14: P&L Adjustments (Non-IFRS)
3Q25 P&L Adjustments (Non-IFRS) Continuing operations Statement of Profit & Loss from 3Q25 3Q25 2Q25 3Q24 Adjustments Rationale Δ q/q% Δ y/y% Continuing Operations (R$mn) Adjusted IFRS IFRS IFRS Total revenue and income 3,566.8 - - 3,566.8 3,500.9 1.9% 3,062.5 16.5% Cost of services (817.8) - - (817
Slide 15: Adjusted Net Income Reconciliation
3Q25 Adjusted Net Income Reconciliation Continuing operations ADJUSTED NET INCOME RECONCILIATION FROM CONTINUING OPERATIONS Net Income Bridge (R$mn) 3Q25 2Q25 3Q24 Δ% y/y Δ% q/q Net income 668.1 587.2 556.8 20.0% 13.8% Amortization of fair value adjustment 1 11.6 11.4 11.5 0.6% 1.8% Other expenses 2
Slide 16: Adjusted EPS (Non-IFRS)
3Q25 Adjusted EPS (Non-IFRS) Consolidated operations ADJUSTED EPS 3Q25 2Q25 3Q24 Δ% y/y Δ% q/q Adjusted net income – Continuing Operations (R$mn) 641.5 598.1 567.8 13.0% 7.2% Adjusted net income – Discontinued Operations (R$mn) 48.5 32.7 19.1 154.1% 48.3% Adjusted net income – Consolidated Operation
Slide 17: Glossary of Terms
3Q25 Glossary of Terms ∙ “Active Payments Client Base”: refers to MSMBs and Large Accounts. Considers clients that have transacted at least once over the preceding 90 days, except for Ton active clients which consider clients that have transacted once in the preceding 12 months. As from 3Q22, does n
Slide 18: Thank you
Thank you Investor Relations investors@stone.co 3Q25