Meliuz Sa · BMFBOVESPA:CASH3
Meliuz Sa — Q2 2022 Earnings Presentation
19 slides from Meliuz Sa's earnings presentation, 2022
Slide 1: 2Q22 Earnings Presentation
2Q22 1Q22 Earnings Presentation
Slide 2: New app rollout finished on June, 2022
+24% New app June 2022 vs 1Q22 rollout finished average number of days that a user on June, 2022 accesses the new app in the month for 100% of our user base 1.2 MM Digital accounts¹ enabling multiple opportunities to R$ 7.6 MM increase the TPV Méliuz card¹ engagement between users and shopping R$ 797
Slide 3: We have a dedicated team working on new products and features
Continuous UX improvement Chat Méliuz - 24 hour service We have a by a 100% Méliuz team dedicated team Criptoback working on new Bank account payments products and (boleto) features Social-commerce Insurance … … and many more 3
Slide 4: Solid growth of the user base which will unlock cross-selling opportunities
Total accounts¹ Solid growth of Brazil Shopping (# million) 25.8k the user base accounts opened per business which will day in 2Q22 unlock cross-selling 7.7 MM active users² opportunities in the last twelve months (1) Total accounts: considers Méliuz only; 4 (2) Active users: definition available in
Slide 5: We continue to grow with more efficiency
We continue to grow with more efficiency. Despite the reduction in marketing expenses we increased the GMV and the number of total buyers in the last year Marketing expenses Total Buyers New Buyers GMV Méliuz (R$ million) Brazil shopping Brazil shopping (R$ billion) 5 (1) New buyers and total buyers:
Slide 6: We managed to deliver substantially higher growth than Brazilian market average
We managed to deliver substantially higher growth than Brazilian market average while optimizing our investments Méliuz GMV and Méliuz GMV growth net take rate GMV LTM Méliuz vs Brazil ecommerce¹ (R$ billion) (R$ billion) 6 (1) Source: MCC-ENET - economic indexes calculated based on online sales (in
Slide 7: Meliuz Invoice keeps growing at triple digits YoY
Meliuz Invoice keeps growing at triple digits YoY, improving Users activating Sell-out our App engagement offers data points¹ (# thousand) (# million) Product coverage since its origin 74% of the municipalities of Brazil 4,098 cities 7 (1) Sell-out data points: represents the volume captured from re
Slide 8: International shopping: +525k
International shopping: GMV Net revenue Cashback operations Cashback operations The cashback operation is (PLN million) (PLN million) gaining importance in the international shopping results Total buyers +525k accumulated accounts opened until 2Q22 Represents 15% of Picodi total net revenue in 2Q22,
Slide 9: We continue to show a robust increase in YoY revenues
We continue to show a robust increase in YoY revenues mainly in the Brazil Shopping, despite the adverse macro conditions Net revenue Net revenue LTM² (R$ million) (R$ million) (1) Consider the month of June, 2022; 9 (2) Consider revenue from Picodi since March 2021; Promobit, Melhor Plano since Jun
Slide 10: We have expenses under control and continue to invest in products
Operating expenses We have expenses excluding extraordinary items and Bankly¹ (R$ million) under control and we continue to invest in products and features that will still generate value (1) Adjusted by extraordinary items: (i) M&As expenses that occurred in 2021 and (ii) stock options. 10 costs.
Slide 11: We continue to grow and invest in new products which will generate revenue in the future
We continue to grow and invest in new products which will generate revenue in the future +R$ 502.4 MM of cash and 2Q22 cash equivalents in 2Q224. Net result (R$ million) (1) Excludes R$ 10.2 million from extraordinary items and R$ 13.2 million from expenses with teams allocated to generate new produ
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Slide 13: What is a bank for you? Bankly
What sa bank for you? bankly Where do you save money? Where do you make payments? Where do you go after financial services? 13
Slide 14: Embedded finance is the future of banking services
Embedded finance is the future of banking services Bankly is the next generation of banking. Modern financial services can be built on embedded infrastructure. bankly Until / 2010 2010 / 2020 2020 / Future e e e 10 2.0 3.0 . Traditional Neobanks Embedded finance banking Acquisition and monetization
Slide 15: We are reshaping how financial services are consumed
We are reshaping how financial services are consumed ‘everyone | needs financial services, but not necessarily a bank Enabling financial services where they are needed ‘Modular technology Decoupled portfolio of state of art APIs Subscription + pay as you grow Banking as a Service, shared gains of sc
Slide 16: Our platform is applicable to many different use cases
Our platform is applicable to many different use cases Plain vanilla . automated operations Education institutions cq Y Professional services providers Bank Bank Account —_Bank Slip Payroll KYC Transfers Transfers Statement Issuing Residence management (TED) (PIX) (Boletos) +many others Embedded fin
Slide 17: (1) Considering Brazilian population (2) Final implementation phase; (3) 2Q22 LTM GMV
(1) Considering Brazilian population (2) Final implementation phase; 17 (3) 2Q22 LTM GMV
Slide 18: Transactional banking is over
Transactional banking is over: We are with our partners during their entire financial services journey ES) Subscription model 2% Userbase fees Minimum volume subscription to Aotive base fees: active guarantee operation. Most contracts _instelled base of accounts with 60 months duration and cards fe]
Slide 19: All with Méliuz
Discover, decide, 2Q22 buy, Earnings save, All Presentation invest, pay with and win. Méliuz. ri@meliuz.com.br ri.meliuz.com.br ?! ri.meliuz.com.br ri@meliuz.com.br