Business
Porto Seguro S A : Conference Call Presentation
Porto Seguro S A : Conference Call
About this update from Porto Seguro S.a.
EARNINGS RELEASE PSSA3 Earnings Presentation AMANDA Broker 20 Years with Porto 1Q26 1Q26 EARNINGS RELEASE PORTO SEGURO S.A. CONSOLIDATED SUMMARY 1Q26 vs. 1Q25 No, of Clients 19.0 mi (+924K) No of Businessess 36,3 mi (+4,5 mi) Porto Brokers' NPS 86 pts 1Q26 Total Revenue¹ Recurring Net Income² Recurring ROAE² R$ 11 B R$ 958 M 25% (+10%) (+15%) (+1 p.p.) Net Income ROAE R$ 1.1 B 29% (+36%) (+5 p.p.) Excluding the effects of the improvement in the Consortium's revenue and cost deferral method through the systemic implementation of the new granular control model by group and quota. The recurring result excludes the reversal of deferred tax on the goodwill recognized in the acquisition of the subsidiary, due to its merger (RÇ 185 million). Additionally, the recurring result currently considers the benefit of RÇ 9.2 million quarterly in cash resulting from the tax result after amortization of CDF's goodwill. 1Q26 EARNINGS RELEASE PORTO SEGURO S.A. VERTICALS SUMMARY 1Q26 vs. 1Q25 34% ROAE (+11 p.p.) +49% Net Income +336K Members - Porto Saúde (+156 thousand in Health Insurance and +179 thousand in Dental) +20% Net Income +24% Revenue¹ +10% Net Income R$ 101 M EBITDA (-11%) 15.0% EBITDA Margin (-1.9 p.p.) (1) Excluding the effects of the improvement in the Consortium's revenue and cost deferral method through the systemic implementation of the new granular control model by group and quota. 1Q26 EARNINGS RELEASE PORTO SEGURO S.A. DIGITAL SERVICE Consistent evolution in channels for Clients and Brokers. Evolution of Digital Customer Service (% of Total) Share in Digital Customer Service Share in Digital Broker Support 63% 64% +9 p.p. +19 p.p. 50% 41% 45% 31% 37% 67% 71% 72% 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q26 EARNINGS RELEASE PORTO SEGURO S.A. REVENUES DOUBLE-DIGIT GROWTH IN TOTAL REVENUE Revenue by Line of Business (R$ million) +10% Total Revenue (YoY)* +5.5% 5,4085,708 +15.1% 1,965 2,261 +24.5%* 1,561 1,941* 670 674 +0.6% 1Q25 1Q26 1Q25 1Q26 1Q25 1Q26 1Q25 1Q26 2 4 1 3 *Excluding the effects of the improvement in the Consortium's revenue and cost deferral method through the systemic implementation of the new granular control model by group and quota. (1) Includes premiums from Auto, P&C, Life, Uruguay and other businesses / (2) Consisting of Health Insurance, Dental Insurance, Managed Plans and Occupational Health / (3) Includes premiums an...