Slide 1: Earnings Call 2Q26
Slide 2: Disclaimer
Disclaimer agi This presentation speaks at the date hereof and AGI Inc (the “Company") is under no obligation to update or keep curent the Information contained in this presentation. Any information expressed herein is subject to change without notice. Any market or ‘other third-party data Included
Slide 3: Agenda
Agenda For Today Over the Past Months and Recent Signs of Improvement + A Subscription Model Unlocking Value Review of Our Quarterly Financial Performance
Slide 4: agi
agi Marciano Testa
Slide 5: Key Messages
Key Messages agi We Are Still Growing Despite This Scenario... ...And We See 2Q26 as the Inflection Point
Slide 6: Market Evolution and a Path to Growth
Market Evolution and a Path to Growth Industry Normalization and Execution are Reinforcing our Outlook x= | sesso chnses ‘Agi has Implemented Operational Improvements agi ‘tt in Origination of INSS and Private Payroll Credit ‘ in INSS Payroll Credit Market Share (Up 60bps to 9.6%) 4 in Unsecured Cre
Slide 7: Signs of Improvement
Signs of Improvement Early Signs of a Stronger Operating Trajectory are Becoming Increasingly Evident Credit Origination Bam) Tg 20s © 302540251026. (2028 Market Share | INSS Payroll Credit 4160° rey [ 9s 6% ahaal 2025-3025 402510282026 Portfolio of Private Payroll Credit (85 mion) +184% 9798 64.0 4
Slide 8: The Inflection Is Underway
‘ i The Inflection Is Underway ag Key Growth and Profitability Drivers Showing Strength @ parvers oF crowTn + New Clients F High growth and high relationship ADAPTATION GROWTH PHASE PHASE + Credit Origination Growth Acquiting market share Costs Revenue Lead Outruns First Over Time + New Initiatives
Slide 9: Introducing a Subscription Bank
Introducing mele) a Subscription Bank
Slide 10: From a Complete Financial Provider to an Everyday Ecosystem
+ From a Complete Financial Provider to an Everyday Ecosystem Consumers Face Real and Recurring Needs + No access to private healthcare + Unexpected expenses + e + High cost of medication ‘ + Limited internet access + r Daily household responsibilities Difficult macro backdrop with rising indebtedne
Slide 11: agi+ Product Features
agi+ Product Features Creating Value for Customers Today while Building a Stronger Franchise for Tomorrow I Ee eee R$39.90 jironin R$49.90 jrcnin R$59.90 jironin > Healthcare + Dental Assistance + Mobile Top-Up Bonuses + Pet Care ++ Home Repair Support + Credits for Cooking Gas, Food and Groceries ‘
Slide 12: agi+ A New Recurring Revenue Engine
agi+ A New Recurring Revenue Engine Positioned to Become a Meaningful Earnings Contributor 1st Growth Wave Penetration on the Current Customer Base * 7.6MM Active Clients 2026 3026 2nd Growth Wave Customer Base Growth + INSS Beneficiaries + Private Workers + Public Servants 4026 2027 Quick Wins We'v
Slide 13: 2Q26 Results
agi - Felipe Gaspar Oliveira TR, M&A and 2Q26 ae sd Results Marcello Dubeux Chief Financial & Investor Relations Officer
Slide 14: Key Drivers
oe Key Drivers Tangible Signs of Improvement Active Credit INSS NPL>90 Clients Portfolio Market Share Days 7.6mm R$ 37.1mm 9.6% 3.3% +36% YoY +21% YoY +160bps YoY -30bps QoQ
Slide 15: Active Customers
oe Active Customers (# million) +36% +7% Customers ——? Expansion of the ‘i 67 ze Active Customer Base eld 2025 3025 40325 1026
Slide 16: Credit Portfolio
oe Credit Portfolio (RS bn) *21% mUnsecured Secured +4% Credit Portfolio nr? 34.9 Mix of Secured and 30.6 Unsecured Loans 15% 85% 2025 3025 4025 1026 2028
Slide 17: Market share - INSS Payroll Credit
oe Market share - INSS Payroll Credit +1600rs Becoming the Winner in Payroll 9.0% Lending | ss Leveraging our 8.0% Competitive Advantages to Keep Growing Market Share 0% 2025 3025 4025 1026 2028
Slide 18: Private Payroll Loans
oe Private Payroll Loans (RS million) +184% . +48% Private Payroll Loan With Clear Pathways to ised Diversify Growth on ene 864.0 4958 2005 1025 4025 1026 2026 + High pace of origination in 2026 + FPD (First Payment Default) of new Cohorts Under Control
Slide 19: NPL and Coverage Ratio
oe NPL and Coverage Ratio coverage Ratio NPL90 Agi neL-90 Cost of Risk LTM Market NPL>30 Credit Quality 189.4% Low Delinquency Ratios with 5.9% Comfortable Levels — 5.4% rem 53% of Coverage Ratio and Cost of Risk itm |
Slide 20: Key Results Figures from 2Q26
oe R$ 3.2bi RS 1.3bi 11.9% 48.9% Key Results +26% YoY +11% YoY -10 bps QoQ +570 bps QoQ Figures from 2Q26 Net Income Funding Equity Adequacy R$ 200.3mm R$ 39.9bi RS 4.8bi 18.7% +7% QoQ +18% YoY 463% YoY +370bps YoY Ne f.
Slide 21: Total Revenues
oe Total Revenues ™ (RS bn) +26% Revenues Growth in Line with 2,800.4 2/9885. . 2,510.5 the Evolution of our Assets 2025 3025 40325 10326 | See 2028 2
Slide 22: Net Interest Income and NIM
mms Net Interest Income NIM = Annuaticed ea Share of Secured Loans (%6) NIM After provision’ Anmuslised million aie % Net Interest a Income ; 1172.7 1,197.8 . and Margins 9.0% 8.2% Bae 2025 3025 4025 NIM impacted by higher secured loans on portfolio Margin After Provisions reduced due to a faster pa
Slide 23: Revenues vs Expenses and Efficiency
oe Revenues vs Expenses SERA + Personnel Expenses eNITy Fees seeene Operating Efficiency Ratio (26) Efficiency We Built a Scalable [aaz}-- Platform to Support our Growth 2025 3025 4025 1026 2028 yg ng altel sen pees rei sen ati thc ett mtn, (nthe pi oe wt ope een
Slide 24: Net Income and ROE
oe Net Income and ROE (RS million) -24% Net Income Growing QoQ 2025 3025 Da ~~. 4025 1026 2026 2
Slide 25: Funding
Funding (R$ bn) +19% minstiuional metal . +2% Deposits ——_ 39.3, 39.9 Growth and Diversification 2025 3025 4025 1026 2028 SEP Global + Launch of New Proprietary Investments Platform
Slide 26: Equity
Equity mEquity mROELTM (RS bn) Equity +63% Sustainable Growth i : LI Ll Driven by Profits 31 2015 3025 4035 1026 2026 + 1026 Equity adds IPO Proceeds Done
Slide 27: Total Assets
oe mAssets mROALTM Total Assets (RS bn) Total Assets Driven by Credit | Growth 449 Oo i 2025 3025 478 4025 1026 2028 7
Slide 28: Capital Adequacy Ratio - Basel III
oe Capital Adequacy Ratio - Basel IIT Pan TierTt copiat Tier Coptt 4370bps Capital ~60>P= Comfortable Levels of Capital Adequacy aOR aes to Leverage the Credit Operations 2025 3025 4025 1026 2028
Slide 29: a 3}=| a ee eee
4 a 3}=| a ee eee - SE, SEO 753) TEE Seer
Slide 30: Q&A
Q&A