Creditas Reports Record Revenue and Historic Financial Performance in Q4-24

• In Q4-24 Creditas continue to deliver record financial performance to date. Among the highlights, a record in quarterly revenue, reaching R$530.7 million (+11.7% compared to Q4-23) positively impacted by the portfolio repricing, which began in 2022, and the continued strong origination volume.

• Gross profit margin remained at top-tier target steady-state level with 44.6% and R$236.8mn, reinforcing the results of the strategic changes implemented in recent years including strong pricing governance, high target IRRs and efficient funding structures.

• We also continued focused on growth with net loan origination at R$802.3 million (+45.1% compared to Q4-23) . This effort contributed to a 3.4% sequential portfolio expansion despite the quarter's adverse seasonality, reaching R$6.0 billion.

• The negative operating result of R$51mn in Q4-24 reflects our strategic investment in origination and portfolio growth, not just for Q4-24, but for the upcoming cycle as well, coupled with one-off accruals of expenses for next year. The company has maintained a positive cash flow since the end of 2023, allowing it to finance its growth without the need for external capital.

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