Q2 2026 Financial Statement

Content

Unaudited condensed consolidated statement of financial position 3

Unaudited condensed consolidated statement of profit or loss 4

Unaudited condensed consolidated statement of other comprehensive income 5

Unaudited condensed consolidated statement of changes in equity 6

Unaudited condensed consolidated statement of cash flows 8

Notes to the unaudited condensed consolidated interim financial statements 9

2

Unaudited condensed consolidated statement of financial position as of June 30, 2026 and December 31, 2025

(In thousands of United States dollars - US$)

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

Unaudited condensed consolidated statement of profit or loss

For the three and six months ended on June 30, 2026 and 2025

(In thousands of United States dollars - US$, except basic and diluted result per share)

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

Unaudited condensed consolidated statement of other comprehensive income

For the three and six months ended June 30, 2026 and 2025 (In thousands of United States dollars - US$)

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

Unaudited condensed consolidated statement of cash flows

For the six months ended on June 30, 2026 and 2025 (In thousands of United States dollars - US$)

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

1. Reporting entity

   CI&T Inc. ("CI&T" or "Parent Company") is a publicly held company incorporated in the Cayman Islands in June 2021, headquartered at Estrada Giuseppina Vianelli Di Napoli, 1455, Polo II de Alta Tecnologia, in the City of Campinas, State of São Paulo, Brazil. The Parent Company's subsidiaries are mainly engaged in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, data analytics, cloud migration and mobility technologies.

   These unaudited condensed consolidated interim financial statements comprise the Parent Company and its subsidiaries (collectively referred to as the "Group").

   Since November 10, 2021 CI&T has been a publicly-held company registered with the US Securities and Exchange Commission (the "SEC") and its shares are traded on the New York Stock Exchange ("NYSE") under the ticker symbol "CINT".

   1. Organizational structure

      The Parent Company did not have any changes to its direct and indirect subsidiaries compared to those presented in the consolidated financial statements for the year ended December 31, 2025, except for: (i) CI&T Mexico, which started operations during the first quarter of 2026; (ii) CI&T Australia was dissolved on March 16, 2026; and (iii) CI&T Financial, CI&T Fintech, CI&T Colombia and CI&T Argentina, which are inactive as of June 30, 2026, and are in the process of closing their activities during the second semester of 2026.

2. Basis of accounting

   These unaudited condensed consolidated interim financial statements as of June 30, 2026, and for the three and six months ended June 30, 2026 have been prepared in accordance with IAS 34 Interim Financial Reporting and should be read in conjunction with the Group's last annual consolidated financial statements as at and for the year ended December 31, 2025 ('last annual financial statements'). They do not include all the information required for a complete set of financial

   ®

   statements prepared in accordance with IFRS Accounting Standards as issued by the International

   Accounting Standards Board "IASB" (IFRS Accounting Standards). However, selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Group's financial position and performance since the last annual financial statements.

   These unaudited condensed consolidated interim financial statements were authorized for issue by the Parent Company's Board of Directors on August 10, 2026.

   1. Seasonality of operations

      The business activities carried on by the Group entities, and their transactions are not highly cyclical or seasonal in nature.

   2. Accounting standards issued but not yet effective

      The accounting policies adopted in the preparation of the unaudited condensed consolidated interim

      financial statements are consistent with those followed in the preparation of the Group's annual consolidated financial statements for the year ended December 31, 2025, except for the adoption of new amendments effective as of January 1st, 2026, as disclosed in explanatory note 3.25 to the consolidated financial statements for December 31, 2025, which did not have a material impact on the Group's unaudited condensed consolidated interim financial statements. The Group has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.

3. Functional and presentation currency

   The unaudited condensed consolidated interim financial statements of the Parent Company, along with those of its subsidiaries, are measured using the currency of the primary economic environment in which each entity operates, referred to as the "functional currency." For the Parent Company, this functional currency is the Brazilian Reais (R$). For presentation purposes, these unaudited condensed consolidated interim financial statements are expressed in United States dollars (US$).

4. Use of judgments and estimates

   In preparing these unaudited condensed consolidated interim financial statements, management has made judgments and estimates about the future that affect the application of the Group's accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates.

   The significant judgments made by management in applying the Group's accounting policies and the key sources of estimation uncertainty were the same as those described in the last annual financial statements.

   1. Fair value Measurement

      There were no changes in the Group's valuation processes, valuation techniques, and types of inputs used in the fair value measurements during the period. When available, observable market data is used, and third-party valuations are assessed to ensure compliance with accounting standards and appropriate classification within the fair value hierarchy. Fair values are categorized into Level 1 (quoted prices in active markets) and Level 2 (observable inputs other than quoted prices). The Group does not hold assets or liabilities that are categorized within Level 3 of the fair value hierarchy, which involves unobservable inputs. There were no transfers between Level 1 and Level 2 fair value measurements during the period, and no transfers into or out of Level 3 fair value measurements during 2026.

5. Cash and cash equivalents

   	Weighted average rate (p. a.)	June 30, 2026	December 31, 2025
   Cash and bank balances		13,433	12,290
   Short-term financial investments
   Short-term financial investments - Brazilian reais	14.26%	14,544	9,639
   Short-term financial investments - US dollars	2.91%	20,193	21,787
   Short-term financial investments - Pound sterling	2.48%	3,081	2,515
   Short-term financial investments - Canadian dollar	0.40%	890	1,153
   Short-term financial investments - Chinese yuan	1.30%	1,290	480
   Total		53,431	47,864

   Short-term financial investments mainly consist of fixed-income instruments issued by financial institutions. These instruments earn interest at market-based rates and are held for cash management purposes.

6. Accounts receivable and contract assets
   1. Accounts receivable

      The balances of accounts receivable are presented as follows:

      	June 30, 2026	December 31, 2025
      Accounts receivable - in R$ - from Brazil based customers	49,002	53,842
      Accounts receivable - in US$ - from United States based customers	29,403	38,549
      Accounts receivable - other currencies - from other foreign based customers	9,947	6,777
      (-) Expected credit losses	(263)	(1,880)
      Accounts receivable, net	88,089	97,288

      The balance of accounts receivable by maturity date is as follows:

      	June 30, 2026	December 31, 2025
      Current	76,430	90,184
      Overdue:
      from 1 to 60 days	6,475	6,250
      61 to 360 days	3,406	897
      Over 360 days	2,041	1,837
      (-) Expected credit losses	(263)	(1,880)
      Total	88,089	97,288

      The rollforward of the allowance for credit expected losses is as follows:

      	Expected credit losses
      December 31, 2025	(1,880)
      Addition	(59)
      Reversal	1,763
      Translation to presentation currency	(87)
      June 30, 2026	(263)

      As of June 30, 2026, the average expected credit loss rate under the method applied by the Group was 0.03% (0.03% as of December 31, 2025), except for certain credit-impaired customers with fully impaired balances, resulting in an expected credit loss amounting to US$ 243 (of the total of US$ 263). As of December 31, 2025, such credit-impaired customers with fully impaired balances resulted in an expected credit loss amounting to US$ 1,857 (of the total of US$ 1,880).

   2. Contract assets

      The balances of contract assets are presented as follows:

      	June 30, 2026	December 31, 2025
      Contract assets - in R$ - from Brazil based customers	40,551	22,715
      Contract assets - in US$ - from United States based customers	15,945	8,343
      Contract assets - other currencies - from other foreign based customers	6,052	3,212
      (-) Expected credit losses	(439)	(10)
      Contract assets, net	62,109	34,260

      The rollforward of the allowance for expected losses is as follows:

      	Expected credit losses
      December 31, 2025	(10)
      Addition	(747)
      Reversal	314
      Translation to presentation currency	4
      June 30, 2026	(439)

7. Intangible assets and goodwill

   The rollforward of intangible assets is as follows:

   Cost	Weighted average rate (p.a.)	December 31, 2025	Additions	Transfers	Translation to presentation currency	June 30, 2026
   Customer relationship		58,732	-	-	1,144	59,876
   Software		22,009	199	6,341	1,404	29,953
   Software in progress		4,592	6,093	(6,341)	184	4,528
   Non-compete agreement		2,708	-	-	190	2,898
   Other		6,223	-	-	420	6,643
   Goodwill		278,539	-	-	6,571	285,110
   		372,803	6,292	-	9,913	389,008
   Amortization
   Customer relationship	13.18%	(26,443)	(3,852)	-	(771)	(31,066)
   Software	25.73%	(9,395)	(3,111)	-	(556)	(13,062)
   Non-compete agreement	20.00%	(2,224)	(441)	-	(157)	(2,822)
   Other	5.00%	(5,393)	(28)	-	(367)	(5,788)
   		(43,455)	(7,432)	-	(1,851)	(52,738)
   Total		329,348	(1,140)	-	8,062	336,270

8. Loans and borrowings

   The loans and borrowings rollforward are summarized as follows:

   	Nominal interest rate	Year of maturity	December 31, 2025	Proceeds from loans and borrowings	Payments related to loans and borrowings	Interest paid	Interest expenses	Exchange rate changes	Translation to presentation currency	June 30, 2026
   In US$
   Advance on foreign exchange contract	4.62% to 4.96% p.a	2026 to 2027	25,711	24,611	-	-	738	(674)	1,061	51,447
   Export credit note	SOFR+2.33% p.a	2026	9,120	-	-	(280)	271	(563)	563	9,111
   Working capital loan	SOFR+2.60% to 5.02%	2026 to 2028	55,299	-	(9,462)	(1,106)	1,650	(3,478)	3,472	46,375
   			90,130	24,611	(9,462)	(1,386)	2,659	(4,715)	5,096	106,933
   In R$
   Export credit note	CDI+1.75%	2026 to 2028	32,498	-	(5,447)	(2,526)	2,360	-	2,024	28,909
   			32,498	-	(5,447)	(2,526)	2,360	-	2,024	28,909
   Total			122,628	24,611	(14,909)	(3,912)	5,019	(4,715)	7,120	135,842
   Current			66,443							91,355
   Non-current			56,185							44,487

   The Group's loan and borrowings bear fixed or variable interest rate indexed to market reference rates such as the Secured Overnight Financing Rate ("SOFR") or Interbank Deposit Certificate ("CDI" - an average of interbank overnight rates in Brazil).

   The loans and borrowings are not secured by property and equipment or accounts receivable.

   1. Advances on foreign exchange contracts

      During the second quarter of 2026, the Group carried out the following transactions related to advances on foreign exchange contracts:

      On May 8, 2026, CI&T Brazil obtained funding of US$ 9,852, bearing a nominal annual interest rate of 4.75%, with a single payment of principal and interest due in June 2027. The proceeds are used for general corporate purposes.

      On June 11, 2026, CI&T Brazil renegotiated the terms of an existing advance on foreign exchange contract with an outstanding principal of US$ 26,141, reducing the nominal annual interest rate from 5.15% to 4.62%. The modified contract matures in December 2026.

      On June 16, 2026, CI&T Brazil obtained funding of US$ 14,759, bearing a nominal annual interest rate of 4.96%, with a single payment of principal and interest due in July 2027. The proceeds are used for general corporate purposes.

   2. Covenants

      The Group has restrictive covenants in some of its loans and financing agreements, as disclosed in the last annual financial statements, and summarized below:

      Restrictive clause related to:	Measurement frequency	Indicators	Required	Result
      Export credit note	Annual - on December 31, 2025	Net debt(a)/ EBITDA(b)	Less than or equal to 3.0X	In compliance
      Working capital	Annual - on December 31, 2025	Net debt(a)/ EBITDA(b)	Less than or equal to 3.0X	In compliance

      1. Net debt means total loans, less cash and cash equivalents.

      2. EBITDA means Earnings Before Interest, Tax, Depreciation and Amortization, where Interest refers to net finance costs.

9. Salaries and welfare charges

   	June 30, 2026	December 31, 2025
   Accrued vacation and charges	31,791	25,830
   Salaries	8,445	7,726
   Payroll charges	6,675	5,435
   Withholding income tax	4,490	6,498
   Bonus	1,880	11,407
   Other	1,785	1,774
   Total	55,066	58,670

10. Derivatives

    The Group enters into derivative financial instruments exclusively to manage financial risks arising from its financing activities.

    The Group has two interest rate swap contracts outstanding as of June 30, 2026. Both instruments are used to manage the exposure to interest rate volatility associated with the Group's loans and borrowings.

    These instruments are settled in cash and do not require initial investments other than normal collateral practices, when applicable.

    June 30, 2026
    Maturity	Notional in (US$)	Floating rate receivable	Fixed rate payable	Fair value
    07/16/2026	9,000	SOFR overnight	3.09%	65
    07/07/2026	1,587	CDI	US$ variation + 4.90%	(91)
    Total				(26)

    December 31, 2025
    Maturity	Notional in (US$)	Floating rate receivable	Fixed rate payable	Fair value
    07/16/2026	9,000	SOFR overnight	3.09%	190
    07/07/2026	4,479	CDI	US$ variation + 4.90%	(512)
    Total				(322)

    The rollforward of the derivatives is as follows:

    	Interest rate swaps
    December 31, 2025	(322)
    Gains recognized in the statement of profit or loss	336
    Loss on settlement of derivatives	(25)
    Translation adjustment	(15)
    June 30, 2026	(26)
    Asset position on derivative financial instruments	65
    Liability position on derivative financial instruments	(91)

11. Equity
    1. Share capital

       As of June 30, 2026, the total issued share capital is US$ 7 with a par value of US$ 0.00005. The rollforward of share capital is as follows:

       Amount of		Number of common nominative shares
       share capital		Total	Class A	Class B
       December 31, 2025	7	134,579,406	23,802,836	110,776,570
       Class B converted to class A	-	-	166,122	(166,122)
       June 30, 2026	7	134,579,406	23,968,958	110,610,448

       According to the Parent Company's Articles of Association, the outstanding Class B common shares are convertible at any time at the option of the holder into Class A common shares.

    2. Treasury share reserve

       On September 12, 2025, the Board of Directors approved a new share repurchase program, authorizing the repurchase of up to five million of its outstanding class A common shares up to December 31, 2026. The rollforward of the treasury share reserve is as follows:

       	Number of shares	Average cost
       December 31, 2025	5,719,653	(30,016)
       Share buyback	1,393,236	(6,171)
       Equity awards settled in treasury stock	(522,166)	4,157
       June 30, 2026	6,590,723	(32,030)

12. Revenue
    1. Revenue by nature of service

       The Group primarily generates revenue through the provision of services summarized by nature in the table below:

       	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
       Software development revenue	134,437	112,413	263,860	218,747
       Consulting revenue	4,295	1,959	7,967	3,424
       Software maintenance revenue	3,395	2,404	6,296	5,063
       Other revenue	693	409	1,305	827
       Total revenue	142,820	117,185	279,428	228,061

    2. Revenue by industry vertical

       The following table sets forth the revenue by industry vertical for the periods indicated:

       	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
       By industry vertical
       Financial services	56,831	41,782	108,016	79,029
       Retail and industrial goods	26,791	24,169	54,736	48,390
       Consumer goods	22,805	24,954	45,646	47,823
       Technology and telecommunications	17,137	10,212	33,223	21,600
       Life sciences	10,973	9,461	21,444	18,519
       Other	8,283	6,607	16,363	12,700
       Total revenue	142,820	117,185	279,428	228,061

    3. Revenue by country

       The table below summarizes revenues by country:

       	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
       Brazil	72,017	54,519	138,118	104,205
       United States of America	57,047	51,775	114,094	100,834
       Other countries	13,756	10,891	27,216	23,022
       Total revenue	142,820	117,185	279,428	228,061

       Revenue by country was determined based on the country in which the sale occurred.

    4. Revenue by client concentration

       Revenue generated from a single external customer represents 11.2% of the Group's total revenues as of June 30, 2026 (10.9% as of June 30, 2025).

13. Expenses by nature

    Information on the nature of expenses recognized in the unaudited condensed consolidated interim statement of profit or loss is presented below:

    	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
    Employee expenses	(108,930)	(84,743)	(212,769)	(167,139)
    Third-party services and other inputs	(9,761)	(7,094)	(18,532)	(13,525)
    Depreciation and amortization	(5,591)	(4,605)	(11,149)	(9,002)
    Travel expenses	(1,966)	(1,458)	(3,440)	(2,528)
    Share-based compensation	(1,329)	(1,423)	(2,376)	(2,384)
    Impairment reversal (loss) on accounts receivable and contract assets	45	(92)	1,271	239
    Other costs and expenses	(3,226)	(2,270)	(6,182)	(4,011)
    Total	(130,758)	(101,685)	(253,177)	(198,350)

14. Net finance costs

    Three months ended June 30, 2026		Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
    Finance income:	5,878	4,730	11,403	9,542
    Foreign-exchange gain	4,728	2,554	9,153	4,590
    Interest income on other assets	392	218	745	603
    Income from financial investments	425	1,019	739	1,989
    Gains on derivatives	204	927	625	2,284
    Other finance income	129	12	141	76
    Finance costs:	(8,928)	(5,746)	(16,445)	(12,302)
    Interest and charges on loans and leases	(2,720)	(3,207)	(5,458)	(6,320)
    Foreign-exchange loss	(5,561)	(1,777)	(9,703)	(4,364)
    Interest expenses on other liabilities	(187)	(203)	(375)	(373)
    Loss on derivatives	(146)	(364)	(289)	(898)
    Other finance costs	(314)	(195)	(620)	(347)
    Net finance costs	(3,050)	(1,016)	(5,042)	(2,760)

15. Income tax expense

    The income tax expense recognized in profit or loss for the periods are shown as follows:

    	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
    Current income tax	(1,059)	(1,521)	(1,411)	(2,832)
    Deferred income tax	(2,203)	(3,221)	(6,485)	(6,930)
    Total income tax (expenses)	(3,262)	(4,742)	(7,896)	(9,762)

    1. Effective tax rate reconciliation

       The nominal tax rate was computed based on the Brazilian tax law, taking into account the combined income tax and social contribution tax rate given that Brazil is currently the main operation of the Group. The reconciliation of the effective tax rate with the average nominal tax rate is as follows:

       Three months ended June 30, 2026		Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
       Profit before income tax	9,012	14,484	21,209	26,951
       Nominal income tax rate	34%	34%	34%	34%
       Tax expenses per nominal income tax rate	(3,064)	(4,925)	(7,211)	(9,163)
       Tax benefits incentives	895	65	1,652	191
       Tax rate differences on subsidiaries	(223)	807	(582)	1,473
       Permanent differences	(341)	(139)	(506)	(372)
       Tax losses for which no deferred tax asset is recognized	(540)	(589)	(1,117)	(1,480)
       Other	11	39	(132)	(411)
       Income tax expenses	(3,262)	(4,742)	(7,896)	(9,762)
       Effective rate	36%	33%	37%	36%

       
       
       CI&T Inc.

       Notes to the unaudited condensed consolidated interim financial statements

       June 30, 2026

       (In thousands of United States dollars - US$, unless otherwise indicated)

    2. Movement in deferred tax balances

       	December 31, 2025	Recognized in profit or loss	Reclassification	Recognized in OCI	Translation to presentation currency	June 30, 2026	Assets	Liabilities
       Goodwill	(33,285)	(4,668)	-	-	(1,881)	(39,834)	-	(39,834)
       Provisions	1,420	(480)	-	-	65	1,005	1,005	-
       Property and equipment	263	216	-	-	26	505	505	-
       Derivatives	110	(108)	-	-	7	9	9	-
       Bonus accrued	3,354	(2,997)	-	-	185	542	542	-
       Intangible assets	(624)	156	-	-	78	(390)	1,674	(2,064)
       Share-based compensation	3,102	(192)	-	-	112	3,022	3,022	-
       Lease	173	(15)	12	-	10	180	180	-
       Other temporary differences	95	32	(12)	-	-	115	115	-
       Tax loss carryforward	613	1,571	-	(30)	(19)	2,135	2,135	-
       Total	(24,779)	(6,485)	-	(30)	(1,417)	(32,711)	9,187	(41,898)
       Offset of deferred taxes							(8,411)	8,411
       Net Tax assets (liabilities)						(32,711)	776	(33,487)

       22

16. Financial risk management
    1. Fair value hierarchy

       The following table presents the carrying amounts and fair values of financial assets and financial liabilities, along with their respective levels in the fair value hierarchy. It excludes fair value information for financial assets and financial liabilities that are not measured at fair value, provided the carrying amount is a reasonable approximation of fair value.

       June 30, 2026
       Financial assets	Note	Level	Fair value	Carrying amount
       Derivative financial instruments	10	2	65	65
       Short-term financial investments	5	2	39,998	39,998
       Financial liabilities
       Derivative financial instruments	10	2	(91)	(91)
       Loans and borrowings	8	2	(134,996)	(135,842)

       December 31, 2025
       Financial assets	Note	Level	Fair value	Carrying amount
       Derivative financial instruments	10	2	190	190
       Short-term financial investments	5	2	35,574	35,574
       Financial liabilities
       Derivative financial instruments	10	2	(512)	(512)
       Loans and borrowings	8	2	(121,935)	(122,628)

       For other financial instruments recognized by the Group, due to their short-term nature, their carrying amounts approximate fair value and therefore they are not included in the fair value disclosures nor in the fair value hierarchy. It includes accounts receivable and trade and other payables.

17. Related parties
    1. Transactions with key management personnel

       Three months ended June 30, 2026		Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
       Direct compensation	479	447	1,371	1,121
       Share-based compensation program	39	32	51	51

       The Group has no additional post-employment obligation and no other long-term benefits, such as premium leave or severance benefits. The Group also does not offer other benefits in connection with the dismissal of its Senior Management's members. These expenses are recognized in general and administrative expenses.

18. Operating segments

    Operating segments are defined based on business activities that reflect how the Chief Operating Decision Maker ("CODM") reviews financial information within the decision-making process.

    The Group's CODM is the Group's Board of Directors. The CODM oversees operational decisions related to resource allocation and performance evaluation. The CODM considers the whole Group as a single operating and reportable segment, monitoring operations, making decisions on fund allocation and evaluating performance based on a single operating segment.

19. Non-cash transaction

    	Additions of property and equipment	Additions and disposals of right-of-use assets	Share-based compensation exercised	Total
    As of June 30, 2026
    Property and equipment	65	-	-	65
    Right-of-use assets	-	(813)	-	(813)
    Trade and other payables	(65)	-	-	(65)
    Lease liabilities	-	813	-	813
    Equity settled share-based payment exercised	-	-	(3,938)	(3,938)
    Treasury shares reissued	-	-	3,938	3,938

    	Additions of property and equipment	Additions and disposals of right-of-use assets	Share-based compensation exercised	Total
    As of June 30, 2025
    Property and equipment	264	-	-	264
    Right-of-use assets	-	1,270	-	1,270
    Trade and other payables	(264)	-	-	(264)
    Lease liabilities	-	(1,270)	-	(1,270)
    Equity settled share-based payment exercised	-	-	(3,902)	(3,902)
    Treasury shares reissued	-	-	3,902	3,902

20. Subsequent events

[Under monitoring until the filing date.]

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