Qualicorp Consultoria E Corretora De Seguros S.a.BMFBOVESPA: QUAL3

Qualicorp Consulting and Insurance Brokerage: Free cash flow and margins improved sequentially, but revenue and portfolio declined year-over-year

· Issued by Qualicorp Consultoria E Corretora De Seguros S.A.

Recurring free cash flow reached R$51.7 million in 4Q25 and R$298.2 million in 2025, despite a 7.7% year-over-year revenue decline. Adjusted EBITDA margin improved sequentially, while net debt and leverage decreased. Portfolio contraction and non-recurring items impacted results.

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