Institutional Presentation 2026

Institutional Presentation

2026

ERICA

Accounting Reporting

1.5 years with Porto

CONTENTS

INSTITUTIONAL PRESENTATION

Our history

Porto Ecosystem Our structure Our numbers Verticals

Corporate Governance Sustainability

history Our

LAÍS

Porto Negócio Backoffice

7 years with Porto

Company's Major Milestones

INSTITUTIONAL PRESENTATION

Banking, Services and Healthcare now accounting for 49% of the Company's income.

4

2009

Historical Initiatives

INSTITUTIONAL PRESENTATION

1987

1991

1994

1997

2004

2007

Launch of Brake Light

Launch of Porto Socorro

Snack Kit provided

Implementation of homeowner services

First Sustainability Report

Launch of Porto Seguro Credit Card

Creation of Trânsito+gentil (Kinder Traffic)

2025

2019-2023

2017

2015

2015

2014

15-min Project Launch

Launch of Azul por Assinatura and Azul Auto Roubo

Lauch of Electric Fleet

Launch of Oxigênio, our startup accelerator

Launch of Health for Pet

Launch of Porto Faz

5

Porto Ecosystem

RICHARD

Telemarketing Operation 3 years with Porto

Summary

INSTITUTIONAL PRESENTATION

Revefiue 6fid Ificome Bre6kdowfi 2025 and 20241

Rev.: 55% (59% in 2024)

Net ificome: 51% (57% in 2024)

Rev.: 18% (16% in 2024)

Net ificome: 25% (22% in 2024)

Rev.: 21% (18% in 2024)

Net ificome: 18% (14% in 2024)

Rev.: 6% (7% in 2024)

Net ificome: 7% (7% in 2024)

Key D6t6 2025 (vs. 2024)

Revefiue

Ificome

ROAE

R$ 41.1B (+11%)

R$ 3.4B (+28%)

22.7% (+2.7 p.p.)

M6rket C6p² R$ 31.0 B

Aver6ge ADTV²

Last 60 days

R$ 91.5 M

1. Considers only data from business verticals 2. Consider the position as of December 2025.

7

Growth and ROAE

INSTITUTIONAL PRESENTATION

Growth and ROAE by Vertical

581

90,0%

80,0%

70,0%

Profit CAGR (%) 2021-2025¹

60,0%

50,0%

1.658

812

40,0%

30,0%

20,0%

10,0%

0,0%

Income in 2025 (R$ M)

221

¹

0,0% 5,0% 10,0% 15,0% 20,0% 25,0% 30,0% 35,0% ROAE (%)

Source: Financial data

(1) Porto Serviço data from 2024 to 2025. 8

Auto

P&C and Transportation

Life

10%

14%

16%

Share in Total

Revenue

Revenue (R$ B)

Main Products in 2025

Strategic partnerships, B2B and B2B2C

Vertic6l l6ufiched ifi 2024

Card and Financing Operating

Consortium

Lease Solutions

21%

27%

21%

Health + Dental

39%

CAGR Revenue

21-25

0.2

24%

0.6

28%

0.8

26%

1.7

29%

Vertical Net Income (R$ B)

Vertical ROAE

Source: Balance Sheet 4Q25

36,9

41,1

27,3

31,7

15,7

16,3

17,2

18,1

18,3

18,9

21,0

Tot6l Revefiue

(R$ bfi)

Revenue Evolution and Profitability of the last 10 years

INSTITUTIONAL PRESENTATION

CAGR

10.1% p.a.

16,1%

13,6%

14,9%

17,0%

17,3%

19,6%

16,8%

19,6%

20,0%

22,7%

11,4%

ROAE

(% p.6.)

3,381

CAGR

13.0% p.a.

2,645

2,266

1,688

1,544

998

911

1,098

1,309

1,379

1,135

Net Ificome

(R$ M)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

10

Brand architecture

INSTITUTIONAL PRESENTATION

Holding brand

Corporate brand

Institutional brands

Business brands

Independent brands

11

Protecting and providing safety

Caring for the health of people and companies

With financial solutions

Preserving your achievements

With 6 gre6ter focus ofi the cliefit, the Comp6fiy segreg6ted its structure ifito four busifiess vertic6l.

Auto Bike Mobile

Homeowfier Comp6fiies Tr6fisport6tiofi Life

12

Tr6vel Agribusifiess Civil Li6bility

Commerci6l He6lth Defit6l Occup6tiofi6l

He6lth

Credit C6rds Fifi6ficifig Persofi6l Lo6fi

L6fidlord Protectiofi Cofisortium Ifivestmefits

Digit6l Accoufit Pefisiofi Pl6fi

For Automobile:

Tow Trucks, Locksmith, Battery, etc.

For Homes 6fid Busifiesses:

Electrical, Hydraulic, White Goods, TV, Air Conditioning, Help Desk, etc.

Independent brokers (in thousands)

INSTITUTIONAL PRESENTATION

87.8k

91.8k

96.0k

39.5k

2023

42.0k

2024

44.0k

2025

Independent brokers registered with Porto

Independent brokers active with Porto¹

Number of Brokers Sellifig Vertic6ls¹

1 Vertical

9.3k

2 Vertical

27.5k

3 Vertical

6.8k

4 Vertical 0.4k

ical

ical

0.4k

44.0k

44.0k

44.0k

44.0k

Brokers with s6les by vertic6l

Assets at Porto¹

Assets in6t.h8e kVertical

8.5k

0.6k

42.2k

4 Vertical

2 Vert

3 Vert

(1) Brokers who have closed at least one deal with Porto in the last 12 months. 1133

Porto SuperApp*

INSTITUTIONAL PRESENTATION

19.7 million

2.8 million

Accumulated Downloads Monthly Active Users

*IOS download volume available only for users who opted in to share data with Apple.

14

numbers Our

MARCOS

Broker 50 years with Porto

Our numbers

INSTITUTIONAL PRESENTATION

People

18.6 M

from clients

13.8 K

Employees

Independent brokers

47.9 K

Service providers

12.6 K

App Porto Users

4.6 M

Operation

149 M

Digital interactions and services in 4Q25

2.8 M

Car services in 2025

2.8 M

Service calls for homes and businesses in 2025

55%

service activations in 2025 via the App and WhatsApp (cars and homes)

37 M

Human services in 2025

NPS

83 pts

At Porto Seguro Auto

83 pts

at Azul Seguros

84 pts

at Homeowner insurance

76 pts

and 56% of Card clients redeemed points on Porto products

Source: Earnings Release 4Q25

16

Profitability

ROAE greater than 20% across all business units

INSTITUTIONAL PRESENTATION

ROAE Bre6kdowfi - 2025

29%

28%

26%

24%

ROAE

Total ¹

23%

28%

20%

ROAE without Surplus Capital

1) The consolidated ROAE differs from the average of the verticals mainly due to the holding results and other businesses.

17

Diversification of Results¹

Conscious and diversified growth in results

Bre6kdowfi of Net Ificome¹

INSTITUTIONAL PRESENTATION

+49%

Net Income: R$ 2.3 B

Net Income: R$ 2.6 B

Net Income: R$ 3.4 B

7%

8%

9%

14%

7%

33%

43% 49%

Service Healthcare Bank Insurance

2023

2024

2025

Sh6re ifi the Ifisur6fice Vertic6l Ufiderwritifig Result

Other Insurance² Auto

2023

2025

2024

(1) It does not specify the results of other businesses. / (2) Share in the Insurance Vertical Underwriting Result. 18

Porto Seguro

VANESSA

Broker 25 years with Porto

Annual evolution of sales of new vehicles

9%

14%

8%

-26%

-20%

-27%

1%

-1%

11%

14%

3%

2.5

2.5

2.7

2.6

2.0

2.2

2.0

2.0

2.0

2.2

2.5

Auto - Market

AVERAGE -15-25

2.3

INSTITUTIONAL PRESENTATION

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Total Licensing (million) Total Licensing (% YoY)

Source: ANFAVEA 20

Auto - Porto Group

Evolution in Premiums and Insured Fleet Porto Group

INSTITUTIONAL PRESENTATION

5,8

5,9

6,0

5,7

5,5

5,5

5,4

5,5

5,2

5,3

6,2

+5.9%

15,7

15,8

16,2

14,2

9,1

9,4

9,6

10,0

9,9

9,7

10,9

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Written Premium (R$ B)

Insured Fleet (million)

CAGR

Source: Balance Sheet 4Q25

21

Auto - Market share

Evolution of Market Share (%)

INSTITUTIONAL PRESENTATION

41,5%

11,7%

4,3%

6,6%

8,7%

39,2%

12,0%

4,4%

7,2%

8,7%

38,2%

11,7%

5,2%

9,0%

8,4%

37,8%

11,0%

5,4%

9,4%

8,7%

37,9%

11,3%

5,2%

9,7%

8,8%

28,0%

11,1%

14,2%

10,3%

8,9%

28,0%

11,7%

13,7%

10,3%

8,3%

27,8%

12,4%

12,4%

12,5%

7,3%

26,5%

12,4%

11,7%

13,3%

8,2%

17,4%

11,8%

12,1%

14,0%

17,2%

16,7%

11,3%

14,0%

14,2%

17,7%

27,2%

28,5%

27,5%

27,7%

27,1%

27,5%

28,1%

27,6%

28,0%

27,4%

26,3%

Average - 27.

2015 2016 2017 2018 2019 2020* 2021 2022 2023 2024* 2025

Other

Player 4 Player 3 Player 2 Player 1 Porto Group

Source: SUSEP

* 2020 and 2024 inorganic growth of Players 1, 3 22

Auto - Market Share (Porto Group)

INSTITUTIONAL PRESENTATION

0.0

0.0

Premiums by State (R$ B)

2025

0.3

Market Share by State (%) -

2025

0.7

2.0

1.1

5.6

1.2

20%

23%

20%

17%

21%

Market

4.8

25.2

3.9

Porto's Interest

15%

38%

24%

Premiums

4.4

3.5

19%

13%

Source: SUSEP

23

Insurance - Growth and Margin (Porto Group)

Growth and Margin (after Claims and Commission) by product

INSTITUTIONAL PRESENTATION

P&C

10,4%

Life

2,4%

Auto

Market share (%)

26,3%

50%

45%

Margin

(after Claims and Commission)

40%

35%

30%

25%

20%

15%

10%

5,0% 6,0% 7,0% 8,0% 9,0% 10,0% 11,0% 12,0% 13,0% 14,0%

CAGR Premiums (%) since 2015

Source: SUSEP

24

Auto - Loss R6tio (Porto Group)

Historical loss ratio adjusted1 (%) for current criteria

INSTITUTIONAL PRESENTATION

100

90

80

70

60

50

40

30

20

Up to 2Q22

Reduction in the

2Q22-4Q23

.

Approx. +1.5 p.p + Loss ratio includes operational

expenses of the assistance services.

Significant increase in cars with an increase in the

1Q24-Presefit

Approx. +2.5 p.p. =

Loss ratio incorporates markup of the assistance services

+4 p.p.

Approximate impact on Loss Ratio vs. history

frequency of claims

10 due to the Pandemic

1Q15

2Q15

3Q15

4Q15

1Q16

2Q16

3Q16

4Q16

1Q17

2Q17

3Q17

4Q17

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

1Q21

2Q21

3Q21

4Q21

1Q22

2Q22

3Q22

4Q22

1Q23

2Q23

3Q23

4Q23

1Q24

2Q24

3Q24

4Q24

1Q25

2Q25

3Q25

4Q25

0

amount of claims payable.

Porto Group Adjusted

Source: SUSEP

(1) In 2Q22, Porto Assistência started incorporating the expenses of activities such as tow trucks, service providers, among others, which were accounted for partly as "retained claims" and partly as "other operating

expenses," currently being accounted for in insurance companies solely as claims. In 1Q24, the markup for Assistance began to impact the loss ratio of the vertical. 25

Loss Ratio

Average: 33.7%

33.9%

34.6%

35.7%

33.0%

31.5%

2021

2022

2023

2024

2025

Loss Ratio (%)

P&C

3.67

Written Premium (R$ Bm)illion) ItIteemmssInInssuurreedd(m(milililoionn))

2025

2024

2023

2022

2021

2.14

2.53

Written Premium and Items Insured1

3.33

3.80

2.98

3.85

3.66

4.51

4.24

+14.5%

CAGR

Source: Financial data

1. From 2024 onward, volumetric data consider only identifiable clients, items instead of policies, and accounting of the volume on the last day of the period.

INSTITUTIONAL PRESENTATION

26

Life

1.62

Lives Insured (million)

Written Premium (R$ B)

2025

2024

2023

2022

2021

1.85

Written Premium and Insured Lives1

CAGR

1.48

1.28

1.03

+15.8%

4.59

4.15

5.52

5.32

6.08

Source: Financial data

1. From 2024 onward, the volume data only considers identifiable lives.

2. Impacted by the COVID-19 pandemic.

INSTITUTIONAL PRESENTATION

49.5%

Loss Ratio

Post-Pandemic

Average: 34.9%

34.6%

32.5%

35.6%

37.0%

20212

2022

2023

2024

2025

Loss Ratio (%)

27

Vertical Summary

INSTITUTIONAL PRESENTATION

R$ billion

CAGR

Total Revenue (Retained Premium + Revenues)

18.5

20.7

21.4

22.3

14.4

+11%

R$ million

CAGR

Net income¹

1.9

1.6

1.7

0.7

0.8

+24%

2021 2022 2023 2024 2025

2021 2022 2023 2024 2025

thousands

Total Items2

Brokers who sell Insurance

+8%

thousands

13,857

14,228

15,145

15,876

17,170

39,1

42,2

2021 2022 2023 2024 2025 2023 2025

1. Adjustment of 2023 to allow comparability, since from the first quarter of 2024 onwards, mainly, the loss ratio, IC, ICA, earnings and ROAE began to be impacted by the Assistance operation markup.

2. From 2024 onward, volumetric data consider only identifiable clients, items instead of policies, and accounting of the volume on the last day of the period. And, starting in 2025, Porto Uruguay's items were considered.

28

Porto Saúde

RENATA

Porto Saúde Medical Team

3 Years with Porto

Overview

2.

3.

Main Strategic Drivers

INSTITUTIONAL PRESENTATION

1.

Relevant growth in premiums, members, and income through the virtual verticalization strategy.

Well-defined strategic focus: operation in 3 states and commercial collective plans.

Trusted brand, Sales force, and the way to serve the Porto Seguro client.

Operating and Financial Highlights - 2025

+831k

Health members 2025

(+23% vs. 2024)

+74.6%

Loss ratio below the market comparable average

R$ 8.5 B

Revenue 2025

(+28% vs. 2024

100%

of the SME and Commercial policies

4.2%

Market Share* (+2.6x vs. 2020)

R$ 581 M

Net income in 2025

* Market Share considers the areas in which we operate and only the commercial segment.

30

Key Services

Porto District Lifie

SP (C6pit6l City 6fid Metropolit6fi Regiofi) 6fid RJ*

Microrregiofi6l product in which the client can choose up to 3 doors and is 100% verticalized with Porto's Medical Team.

Lifih6 Pro

Regiofi6l product, few branches, and integrated with Porto's Medical Team (TMP)

• Hospitals and clinics from up to three districts chosen by the client.

• Integration with TMP

• Your clinician on the spot

• Without reimbursement

• Mandatory Co-payment

• Anchor Hospitals

• Integration with TMP

• Your clinician on the spot

• Without reimbursement

  INSTITUTIONAL PRESENTATION

  Porto S6úde Lifie

  New gefier6tiofi of the fi6tiofi6l lifie, with optimized network and integrated with Porto's Medical Team (TMP)

  • Wide access to clinics, hospitals and laboratories

    Porto Saúde ecosystem

    Porto Saúde Medical Team

    Life Insurance and Funeral Assistance

    Your Clinician and Pediatrician on the Spot

    Dental

    Preferred Partner Network

    Occupational

    health

    Medication

    Protection

    31

    
    
    

  • Integration with TMP

  • Your clinician on the spot

  • With reimbursement

* Porto Bairros in Rio de Janeiro include the capital city, metropolitan area, Baixada Fluminense, and mountain region

Loss Ratio and Market Share

Loss Ratio* vs. Major Players

INSTITUTIONAL PRESENTATION

Market Share*

2020

2025

SP C6pit6l City

3.7%

8.2%

SP Ifiterior

1.2%

2.9%

RJ C6pit6l

0.3%

2.7%

RJ Ifiterior

0.2%

2.7%

DF

0.4%

4.4%

Tot6l

1.6%

4.2%

Loss Ratio (%)

Pre-Pandemic

Post-Pandemic

92%

89%

87%

92%

87%

88%

85%

87%

80%

77%

79%

81%

83%

79%

79%

76%

76%

76%

74%

76%

73%

67%

67%

68%

83%

80%

77%

72%

2017 2018 2019 2020 2021 2022 2023 2024 2025

Player 2 Player 3 Player 4

*Loss ratio = claims / total revenue. Porto Saúde's methodology was equalized to allow greater comparability with other operators.

*Number of members, considering the commercial description group

32

Vertical Summary

INSTITUTIONAL PRESENTATION

CAGR

+37%

4.6

8.5

6.6

2.4

3.3

R$ billion

Total Revenue (Retained Premium + Revenues)

R$ million

CAGR

57 86

Net Income

+78%

200

394

581

2021 2022 2023 2024 2025

2021 2022 2023 2024 2025

'000

CAGR

Lives Insured - Health

'000

Porto Brokers selling health insurance¹

+24%

543

831

675

349

413

2021 2022 2023 2024 2025

1) Brokers who have sold Health insurance products in the last 12 months.

+39%

8,5

6,1

2023 2025

33

Porto Bank

HUGO

Supply 16 years with Porto

Porto Bank Evolution

INSTITUTIONAL PRESENTATION

Porto h6s beefi oper6tifig ifi fifi6fici6l services sifice 1976, drivifig the 6v6il6ble offerifigs 6fid its cliefit rel6tiofiship

1976

1990

1992

2002 2007

2016 2020 2021

2022

Consortium

Sales Rooms

Housing

Financing Credit Cards

Partnerships

SVD

SuperApp

Porto Bank

Strategy to increase the broker's profitability

Channel diversification

Product portfolio expansion

Expansion to other sales channels

Market positioning

Vertical's Financial Indicators

Revenue Distribution (%)

INSTITUTIONAL PRESENTATION

Efficiency Ratio

34.3%

33.1%

33.1%

2%

17%

63%

61%

65%

66%

19%

21%

17%

16%

2023 2024 2025

2021

2022

2023

2024

2025

,3%

Pension Plan

Financial Solutions for Rent and Guarantee Consortium

Credit Card, Loan and Financing

NPL ratio

8,8%

7,4%

7,1%

6,9%

7

5.6%

7,1%

6,6%

6.2%1

4,8%

5,2%

2021 2022 2023 2024 2025

Porto Bank Market2

(1) Excluding the sale of the portfolio, the ratio would be 6.1%. / (2) Source: Bacen, weighted by the company's comparable portfolio.

36

Evolution

Loan portfolio (R$ billion)

INSTITUTIONAL PRESENTATION

CAGR

+19%

16.2

23.5

17.5

19.2

13.3

8.2

1.5

10.1

6.7

2.6

20.5

3.1

2019

2020

2021

2022

2023

2024

2025

Credit Card Loans and financing

Consortium Credit Portfolio (R$ billion)

CAGR

+32%

78.9

15.3

107.3

21.4

20.0

2.8

17.2

24.2

3.5

20.8

32.1

4.9

27.2

42.6

7.5

35.1

59.2

11.0

85.9

48.2

63.6

2019

2020

2021

2022

Property Vehicles

2023

2024

2025

37

Vertical Summary

INSTITUTIONAL PRESENTATION

R$ billion

Total Revenue Net Income

thousands

CAGR

812

CAGR

+22%

7.3

5.8

3.3

4.2

4.8

+21%

381 358 413

632

2021 2022 2023 2024 2025 2021 2022 2023 2024 2025

thousands

CAGR

Total Items

thousands

Brokers selling Bank products¹

+16%

6.231

3.451

3.773

3.931

4.572

+32%

22.7

17.2

2021 2022 2023 2024 2025

(1) Number of brokers selling Bank products such as Consortium, E&F, Landlord Protection and Premium Bonds, except for Credit Card in the last 12 months.

2023 2025

38

Financing and Consortium - Market Size

Property

(Credit Available - R$ billion)

INSTITUTIONAL PRESENTATION

Automobile

(Credit Available - R$ billion)

R$ 281.4 B

(100.0%)

R$ 3.1 B

(1.1%)

R$ 21.8 B

(7.8%)

Real estate credit (Financing + Consortium)

Consortium Market

Porto Consortium

R$ 1.6 B

(0.5%)

R$ 46.7 B

(14.7%)

R$ 319.0 B

(100.0%)

Auto Loan Market (Financing + Consortium) Consortium Market Porto Consortium

154.4

92.8%

92.8%

0.5%

281.4

319.0

Porto Property Consortium Property Consortium - Market

Source: Bacen and ABAC

Property Financing - Market

Auto Porto Consortium Auto Consortium - Market

Auto Financing

39

Porto Serviço

CARLOS

Service provider 33 years with Porto