<SEC-DOCUMENT>0001292814-24-004267.txt : 20241119
<SEC-HEADER>0001292814-24-004267.hdr.sgml : 20241119
<ACCEPTANCE-DATETIME>20241118214020
ACCESSION NUMBER:		0001292814-24-004267
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20240930
FILED AS OF DATE:		20241119
DATE AS OF CHANGE:		20241118

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Zenvia Inc.
		CENTRAL INDEX KEY:			0001836934
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40628
		FILM NUMBER:		241473198

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA PAULISTA, 2300, 18TH FLOOR
		STREET 2:		SUITES 182 & 184
		CITY:			SAO PAULO, SAO PAULO
		STATE:			D5
		ZIP:			01310-300
		BUSINESS PHONE:		55 11 4837-7440

	MAIL ADDRESS:	
		STREET 1:		AVENIDA PAULISTA, 2300, 18TH FLOOR
		STREET 2:		SUITES 182 & 184
		CITY:			SAO PAULO, SAO PAULO
		STATE:			D5
		ZIP:			01310-300
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zenvfs3q24_6k.htm
<DESCRIPTION>6-K
<TEXT>
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<TITLE></TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">For the month of November 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;Commission File Number 333-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Zenvia Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>N/A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Translation of registrant&rsquo;s name into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Avenida Paulista, 2300, 18th Floor, Suites 182 and
184</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>S&atilde;o Paulo, S&atilde;o Paulo, 01310-300</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Brazil</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(</B>Address of principal executive office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Form
20-F&nbsp;</FONT><FONT STYLE="font-family: Wingdings">x</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;Form 40-F&nbsp;</FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate by check
mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;</FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate by check
mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;</FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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    <TD STYLE="padding: 0.75pt 5.75pt">
    <P STYLE="font: 40pt/70% Nunito Sans; margin: 0 0 0 5.75pt">Zenvia Inc.</P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0.25in 0 0 5.75pt"><B>Unaudited Interim condensed consolidated financial statements as of September
    30, 2024</B></P></TD>
    <TD STYLE="font: 11pt Nunito Sans; padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: 11pt Nunito Sans; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Nunito Sans; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="font: 11pt Nunito Sans; padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT="">&nbsp;</P>

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<P STYLE="font: 80pt/70% Nunito Sans; margin: 0">Contents</P>

<P STYLE="font: 80pt/70% Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B>&#9;</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B></B></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 90%;font: 10pt Nunito Sans; margin: 0"><A HREF="#a_001"><B>Unaudited interim condensed consolidated statement of financial position&#9;</B></A></TD>
  <TD STYLE="text-align: right; width: 10%;text-align: right; font: 10pt Nunito Sans; margin: 0"><A HREF="#a_001"><B>1</B></A></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Nunito Sans; margin: 0"><A HREF="#a_002"><B>Unaudited interim condensed consolidated statement of profit or loss and other comprehensive
income&#9;</B></A></TD>
  <TD STYLE="text-align: right; text-align: right; font: 10pt Nunito Sans; margin: 0"><A HREF="#a_002"><B>3</B></A></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Nunito Sans; margin: 0"><A HREF="#a_003"><B>Unaudited interim condensed consolidated statement of changes in equity&#9;</B></A></TD>
  <TD STYLE="text-align: right; text-align: right; font: 10pt Nunito Sans; margin: 0"><A HREF="#a_003"><B>4</B></A></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Nunito Sans; margin: 0"><A HREF="#a_004"><B>Unaudited interim condensed consolidated statement of cash flows&#9;</B></A></TD>
  <TD STYLE="text-align: right; text-align: right; font: 10pt Nunito Sans; margin: 0"><A HREF="#a_004"><B>5</B></A></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="font: 10pt Nunito Sans; margin: 0"><A HREF="#a_005"><B>Notes to the unaudited interim condensed consolidated financial statements&#9;</B></A></TD>
  <TD STYLE="text-align: right; text-align: right; font: 10pt Nunito Sans; margin: 0"><A HREF="#a_005"><B>6</B></A></TD></TR>
</TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="text-align: center; font: 10pt Nunito Sans; margin-top: 0; margin-bottom: 0"><B>&nbsp;<IMG SRC="image_002.jpg" ALT=""></B></P>

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<P STYLE="font: 10pt Nunito Sans; margin: 0"><B><A NAME="a_001"></A>Zenvia Inc.</B></P>

<P STYLE="font: 8.5pt Nunito Sans; margin: 0"><B>Unaudited interim condensed consolidated statement of profit or loss and other comprehensive
income for the three and nine-months periods ended September 30, 2024 and 2023</B></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P>

<P STYLE="font: 13pt Nunito Sans; margin: 0; color: white"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 44%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black"><B>Assets</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt; color: black"><B>Note</B></FONT></TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Current assets</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">5</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;102,662 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">63,742</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Trade and other receivables</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">7</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;195,882 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">148,784</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Recoverable <FONT STYLE="color: black">assets</FONT></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">8</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;29,585 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">28,058</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Prepayments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;5,755 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,571</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Other assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;8,717 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">4,176</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black"><B>Total current assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;342,601 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>250,331</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Non-current assets</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Restricted cash</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">6</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;6,072 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,403</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Prepayments&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;561 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,109</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Other Assets&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Judicial Deposit </FONT></TD>
    <TD STYLE="text-align: center; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">14</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">24,396</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Deferred tax assets&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;129,400 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">91,971</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Property, plant and equipment&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">9</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;19,685 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">14,413</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,323,744 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,347,327</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black"><B>Total non-current assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;1,503,868 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>1,461,233</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: black"><B>Total assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;1,846,469&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>1,711,564</B></FONT></TD></TR>
  </TABLE>
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 0.5in; text-indent: -1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Note</B></FONT></TD>
    <TD STYLE="width: 31%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Current liabilities</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Trade and other payables</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">11</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;437,435 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">353,998</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Loans, borrowings&nbsp;and debentures&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">12</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;69,855 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">36,191</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Liabilities from acquisitions&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">13</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;100,994 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">134,466</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Employee benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;49,081 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">50,085</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Tax liabilities&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;17,969 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;18,846 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,769 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,056</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Deferred revenue&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;14,325 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 9pt">11,547</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Taxes to be paid in installments &nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;70 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">185</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total current liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>691,498</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>607,374</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Non-current liabilities equit</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Liabilities from acquisitions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">13</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;179,750 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">160,237</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Loans and borrowings</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">12</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;47,072 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51,605</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Provisions for tax, labor and civil risks</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">14</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,721</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,484 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">752</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Employee benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,961 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">615</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">22</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;38,599 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Taxes to be paid in installments&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;276 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">313</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total non-current liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>269,142</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>215,243</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Equity </U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">16</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Capital </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,007,522</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">957,525</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Reserves </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;215,762 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">247,464</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Foreign currency translation reserve</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,446&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,129</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other components of equity</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">283</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">283</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Accumulated losses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(339,389)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(319,591)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Equity attributable to owners of the&nbsp;&nbsp;Company</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;885,624 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>888,810</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;205</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">137</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total equity</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;885,829 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>888,947</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total equity and liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;1,846,469&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>1,711,564</B></FONT></TD></TR>
  </TABLE>
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<P STYLE="font: 8pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">See the accompanying notes to the interim condensed consolidated financial
statements</P>

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<P STYLE="font: 11pt Nunito Sans; margin: 0"><A NAME="a_002"></A>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse; margin-top: 0.1in; margin-bottom: 0.1in">
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Three months ended&nbsp;September 30,</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>(Restated)*</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Nine months ended&nbsp;September 30,</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>(Restated)*</B></P></TD></TR>
  <TR>
    <TD STYLE="width: 48%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Note</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Revenue</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">17</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">284,449</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;218,597 </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;728,244 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;590,563 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cost of services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(194,639)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">(147,662)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(470,042)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(370,293)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>89,810</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;70,935 </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;258,202 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;220,270 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Operating expenses</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Sales and marketing expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(28,075)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(29,252)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(81,435)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(81,501)</FONT></TD></TR>

<TR>
    <TD STYLE="width: 48%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">General and administrative expenses</FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(30,602)</FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(29,696)</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(95,165)</FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(98,491)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Research and development expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12,514)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(14,898)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(41,381)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(40,011)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Allowance for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,559)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,654)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(11,454)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(24,631)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other income and expenses, net </FONT></TD>
    <TD STYLE="text-align: center; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,812</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,237)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(10,594)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,773)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Operating gain (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>17,872</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(6,802)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;18,173 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(26,137)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Financial Income (Expenses)</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Finance expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">19</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(32,649)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(19,885)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(137,782)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(55,734)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Finance income</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">19</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">62,962</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;8,520 </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">70,434 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;15,132 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Financial Income (Expenses), Net</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>30,313</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(11,365)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;(67,348)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(40,602)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Profit (loss) before taxes</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>48,185</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(18,167)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;(49,175)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(66,739)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Income Tax and Social Contribution</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Deferred income tax and social contribution</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7,335</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;7,323 </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;37,429 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;26,962 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Current income tax and social contribution</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,071)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,013)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(7,998)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(4,019)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total Income Tax and Social Contribution</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>4,264</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;6,310 </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;29,431 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;22,943</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Profit (loss) of the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>52,449</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(11,857)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(19,744)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(43,796)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Loss attributable to:</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Owners of the Company</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;52,621 </FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(11,943)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(19,798)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(44,008)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-controlling interests</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;(172)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;86 </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;54 </FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;212 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Loss per share (expressed in Reais per share)</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Basic</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">21</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1.054</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.302)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.396)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.001)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Diluted</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">21</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1.054</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.302)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.396)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(0.001)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Other comprehensive income</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cumulative translation adjustments from operations in foreign currency</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,634</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(175)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,683)</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,350</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(986)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(986)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Gain from variation of equity interest in subsidiary</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(306)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total comprehensive loss for the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>56,083</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(12,664)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(21,427)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(44,066)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Total comprehensive loss attributable to:</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Owners of the Company</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">55,911</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12,746)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(21,481)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(44,278)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-controlling interests</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(172)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">82</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">54</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">212</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">See the accompanying notes to the interim condensed consolidated financial statements.</P>


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<P STYLE="font: 10pt Nunito Sans; margin: 0"><B><A NAME="a_003"></A>Zenvia Inc.</B></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>Unaudited interim condensed consolidated statement of changes in equity</B></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>For the nine months period ended September 30, 2024 and 2023</B></P>

<P STYLE="margin: 0; font: 7pt Nunito Sans">(In thousands of reais)</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: white 1pt solid; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-top: white 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Other comprehensive income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: white 1pt solid; padding: 0.75pt 0.05in 0.75pt 5.75pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 38%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Capital</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Capital reserve</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Retained earnings (loss)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Foreign currency translation reserve</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Other components of equity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Attributable to owners of the Company</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Non-controlling interests</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 0.05in 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Total equity</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at January 1, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>957,525</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>244,913</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(258,587)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>9,485</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,336</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(96)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,240</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Loss for the period (Restated)*</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(44,008)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(44,008)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">212</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(43,796)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Gain from Variation of equity interest in subsidiary</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(306)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(306)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(306)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cumulative translation adjustments from operations in foreign currency</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,350</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,350</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,350</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Share-based compensation&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,259)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,259)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,259)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Issuance of shares</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">23</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>23</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>23</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Issue of shares related to business combinations</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">185</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>185</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>185</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at September 30, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>957,525</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>243,862</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(302,595)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>10,835</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(306)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>909,321</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>116</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>909,437</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at January 1, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>957,525</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;247,464 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(319,591)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>3,129</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>283</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>888,810</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>137</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>888,947</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Loss for the period </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(19,798)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(19,798)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">54</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(19,744)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other components of equity</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">14</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;14 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cumulative translation adjustments from operations in foreign currency</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,683) </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(1,683) </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(1,683) </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Capital increase from private placement investments (Note 16)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;49,997 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;(49,159)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;838 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;838 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Share-based compensation&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;11,835 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;11,835 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;11,835 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Issuance of shares - profit-sharing program</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;5,622 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;5,622 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;5,622 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at September 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,007,522 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;215,762 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;(339,389)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,446 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>283</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;885,624 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;205 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;885,829</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Nunito Sans; margin: 0 0 0.25in">* See Note 1.b for the discussion relating to the adjustments</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0.25in">See the accompanying notes to the interim condensed consolidated financial statements.<BR STYLE="clear: both">
</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --> <P STYLE="font: 10pt Nunito Sans; margin: 0"><B><A NAME="a_004"></A>Zenvia Inc.</B></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>Unaudited interim condensed consolidated statement of cash flows</B></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>For the nine months period ended September 30, 2024 and 2023</B></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><B><I>(In thousands of reais)</I></B></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><B><I>&nbsp;</I></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0">&nbsp;</P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>For the nine months period ended September, 30</B></P></TD></TR>
  <TR>
    <TD STYLE="width: 61%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Note</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>2023</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>(Restated)*</B></P></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B><U>Cash flow from operating activities</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Loss for the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(19,744)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(43,796)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><U>Adjustments for:</U></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt; background-color: white">&nbsp;&nbsp;Income tax and social contribution</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(29,431)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(22,943)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt; background-color: white">&nbsp;&nbsp;Depreciation and amortization</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center"><FONT STYLE="font-size: 7pt">18</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;69,667</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">64,536</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt; background-color: white">&nbsp;&nbsp;Allowance for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center"><FONT STYLE="font-size: 7pt">7</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;11,454</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">24,631</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt; background-color: white">&nbsp;&nbsp;Provisions for tax, labor and civil risks </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center"><FONT STYLE="font-size: 7pt">14</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(18,898)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">3,260 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt; background-color: white">&nbsp;&nbsp;Provision for bonus and profit sharing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;27,845 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">12,145</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Share-based compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;4,088 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(1,402)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Provision for earn-out and compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">631</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Interest from loans and borrowings</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center"><FONT STYLE="font-size: 7pt">12</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;14,117 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">17,652</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Interest on leases</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;458 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">300</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Exchange variation loss (gain)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,821)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,607</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Loss on write-off of intangible assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">353</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Gain (loss) on write-off of property, plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">168</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">323</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;Effect of hyperinflation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;3,435 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,531</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">&nbsp;(Decrease)/ Increase of fair value of derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(10,559)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">837</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B><U>Changes in assets and liabilities</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Trade and other receivables</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center"><FONT STYLE="font-size: 7pt">7</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(57,027)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(78,561)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Prepayments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;364 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,540</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Other assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(20,944)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(1,935) </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Suppliers</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;79,066 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">163,706</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">986</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Employee benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(14,134)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">907</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Other liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;40,557 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">22,607</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt"><B>Cash from operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;78,661</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>168,915</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Interest paid on loans and leases</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(13,304)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(16,490)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt">Income taxes paid</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(3,505)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(4,044) </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 7pt"><B>Net cash flow from operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;61,852 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>148,381</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B><U>Cash flow from investing activities</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>&nbsp;</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Redemption of interest earning bank deposits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">8,160</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Restricted cash</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">6</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">331</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Acquisition of property, plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9,520)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(2,488)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Acquisition of Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(39,204)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(38,742)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Net cash used in investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(48,393)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(33,070)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B><U>Cash flow from financing activities</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Capital Increase</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">16</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;49,997 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Proceeds from loans and borrowings</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">12</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;68,551 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Payment of debt issuance costs</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">12</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;1,333 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Payment of borrowings</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">12</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(41,893)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(61,663)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Payment of lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,784)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(1,406) </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Payments in installments for acquisition of subsidiaries</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt">13</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(50,687)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(35,128)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Net cash from /(used in) financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;25,517 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(98,197) </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Exchange rate change on cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(56)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(850)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Net increase in cash and cash equivalents</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;38,920 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>16,264</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Cash and cash equivalents at January 1</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;63,742 </FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">100,243 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Cash and cash equivalents at September 30</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;102,662 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">116,507</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Nunito Sans; margin: 0 0 0.25in">* See Note 1.b for the discussion relating to the adjustments</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0">See the accompanying notes to the interim condensed consolidated financial statements.</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 0.25in">&nbsp;</P>

<P STYLE="font: 13pt Nunito Sans; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><A NAME="a_005"></A><FONT STYLE="font-size: 13pt"><B>1.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Operations</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Zenvia Inc. (&#8220;Zenvia&#8221;) was incorporated in November 2020,
as a Cayman Islands exempted company with limited liability duly registered with the Registrar of Companies of the Cayman Islands. These
consolidated financial statements comprise the Company and its subsidiaries (together referred to as the &#8220;Company&#8221;). The Company
is involved in implementation of a multi-channel communication of a cloud-based platform that enables organizations to integrate several
communication capabilities (including short message service, or SMS, WhatsApp, Voice, WebChat and Facebook Messenger) into their software
applications and with a combination of the Group Software as a Service (SaaS) portfolio providing clients with unified end-to-end customer
experience SaaS platform to digitally interact with their end-consumers in a personalized way.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">As of September 30, 2024, the Company has negative consolidated working
capital in the amount of R$324,501 (current assets of R$ 366,997 and current liabilities of R$ 691,498), mainly arising from a reduction
in the Company&#8217;s cash position as a result of payments made during the years related to business acquisitions, as described in item
(b) to (d) below.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Zenvia&#8217;s Management focused in 2022 to increase gross profit
and to take into place cost-cutting initiatives, such as the review of its corporate structure, which reduced the Company&#8217;s current
workforce by 9% and is in line with the acceleration of the integration of acquisitions. While these actions were instrumental for the
Company to deliver improved cash generation in 2024, management is committed to continue pursuing new operational efficiencies for the
next 12 months. On top of the improvement in operations, the Company has announced in February 2024 the conclusion of several renegotiations
with its creditors, including banks, debenture holders and holders of other liabilities related to past M&amp;A activity. These renegotiations
include an extension of payment terms on bank loans and debentures from up to 18 months to 36 months (final maturity December 2026),
extension of liabilities related to past M&amp;As from up to 36 months to up to 60 months (final maturity December 2028) and the possibility
of converting certain M&amp;A liabilities into Zenvia&acute;s equity (potential conversion estimated at circa 65% of total M&amp;A liabilities).
Additionally, the Company announced in February 2024 that Mr Cassio Bobsin, Zenvia&acute;s Founder and CEO, has injected a total of R$50,000
as new equity in the Company. During Q2 2024, the Company received two new credit lines from local banks in Brazil in the total amount
of R$40,000, attesting the improved perception over the Company's credit profile. Management believes that the combination of the above
mentioned initiatives and the expected future operating cash flow will be enough to cover for the Company's medium and long term financial
obligations. Nevertheless, management will continue to seek to optimize the Company's working capital needs by renegotiating payment
terms with suppliers and anticipating future revenues with clients. Considering the Company&#8217;s short-term financial contractual
obligations and commitments after giving effect to the above-mentioned renegotiations and capital injection, management expects a cash
outlay of R$70,306 for the next 12 months mainly for its existing short-term indebtedness as it becomes due, including interest, and
payments due from acquisitions. Therefore, the Company believes its working capital and projected cash flows from operations will be
sufficient for the Company&#8217;s requirements for the next twelve months. In addition to generating cash flow from operations, if necessary,
it is probable that management will obtain new sources of financing that will enable the Company to meet its obligations. As a result
of these factors, management continues to have a reasonable expectation that the Company will be able to continue operations in the foreseeable
future.</P>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"></P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><B>a.</B></TD><TD><B>Business combination &#8211; Movidesk Ltda. (&#8220;Movidesk&#8221;)</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On February 6, 2024, Zenvia Brazil renegotiated the earnout with Movidesk,
with a total balance of R$206,699 as of December 31, 2023. Payment terms have been extended to a total of 60 months, with final due date
in December 2028, with Zenvia option to convert R$100.671 of total debt into equity, of which R$50,000 can be converted until December
31, 2025.The remaining balance can be converted once every 6 months, with total amount limited to 6 installments, from January 1, 2026,
until the conclusion of the contract period.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><B>b.</B></TD><TD><B>Changes accounting policies &#8211; effect in consolidated statement of profit or loss, consolidated statement of changes in equity
and cash flow </B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In December 2023, the Company identified that the allowance for expected
credit losses and cost with amortization of intangibles was understated. The calculation was reassessed in the annual financial statements
and Management has retrospectively revised the first nine months of 2023 for comparison purposes.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The retrospective changes in the comparative periods can be summarized
as follows:</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD STYLE="text-align: justify"><B>Consolidated statement of financial position</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 29%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>September 30, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Originally</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>presented</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Effects of</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Change</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>After</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>changes</B></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Trade and other receivables</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">226,572</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(16,630)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">209,942</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total current assets</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>391,683</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(16,630)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>375,053</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Deferred tax assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">115,778</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">3,019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">118,797</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Intangible assets and goodwill </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,357,685</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(913)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,356,772</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total non-current assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,489,937</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>2,106</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,492,043</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,881,620</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,867,096</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>&nbsp;Shareholders' equity </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Accumulated losses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(288,071)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(14,524)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(302,595)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Equity holders of the parent company</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>923,845</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>909,321</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total equity</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>923,938</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>909,414</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total equity and liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,881,620</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>1,867,096</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD><B>Consolidated statement of profit or loss</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 46%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 17%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>September 30, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Originally</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>presented</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Effects of</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>Change</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>After</B></P>
    <P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: right"><B>changes</B></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Cost of services</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(369.380)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(913)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(370,293)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>221,183</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(913)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>220,270</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Operating expenses</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Allowance for expected credit losses</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(8,001)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(16,630)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(24,631)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Operating loss</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(8,594)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(17,543)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(26,137)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Loss before taxes</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(49,196)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(17,543)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(66,739)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Deferred income tax and social contribution</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">23,943</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">3,019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">26,962</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total Income Tax and Social Contribution</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>19,924</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>3,019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>22,943</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Loss of the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(29,272)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(43,796)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>&nbsp;Loss attributable to:</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Owners of the Company</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(29,484)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(14,524)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(44,008)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Loss per share (expressed in Reais per share)</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Basic</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0.740)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0,367)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0.001)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Diluted</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0.740)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0,367)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(0.001)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Othe</B></FONT><FONT STYLE="font-size: 7pt">r <FONT STYLE="color: #7030A0"><B>comprehensive income</B></FONT></FONT></TD>
    <TD STYLE="border-bottom: white 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Cumulative translation adjustments from operations in foreign currency</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(2,549)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">3,899</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">1,350</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total comprehensive income (loss) for the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(33,113)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(10,625)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(44,066)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Owners of the Company</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(33,325)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(10,625)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(4</FONT><FONT STYLE="font-size: 8pt">4,278</FONT><FONT STYLE="font-size: 7pt">)</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 11 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD><B>Changes in equity</B></TD></TR></TABLE>

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<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="14" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>September 30, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>Originally</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>presented</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Effects of</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Change</B></P></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>After</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>changes</B></P></TD></TR>
  <TR>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Capital reserve</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Retained earnings (loss)</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Translation reserve</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Attributable to owners of the Company</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Total equity</B></FONT></TD>
    <TD STYLE="width: 1%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Capital reserve</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Retained earnings (loss)</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Translation reserve</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Attributable to owners of the Company</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Total equity</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at January 1, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;244,913 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(258,587)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;9,485 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,336</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,240</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>244,913 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(258,587)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;9,485 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,336</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>953,240</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Loss for the period</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(29,484)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(29,484)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(29,272)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(14,524)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(44.008)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(44,008)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(43,796)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cumulative translation adjustments from operations in foreign currency</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,549)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,549)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,549)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,899</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,350</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,350</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,350</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Issuance of shares</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,215</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,215</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,215</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,192)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">23</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">23</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">23</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Share-based compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,633</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,633</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,633</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,892)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,259)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,259)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,259)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Issue of shares related to business combinations</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">185</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">185</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">185</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">185</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Balance at September 30, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>247,761</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(288,071)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>6,936</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>923,845</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>923,938</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(14,524)</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>243,862</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(302,595)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>10,835</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>909,321</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>909,437</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD><B>Cash flow</B></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 44%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 19%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt"><B>September&nbsp;&nbsp;30, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Originally</B></P>
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>presented</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Effects of</B></P>
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Change</B></P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>After</B></P>
    <P STYLE="font: 8pt New York, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>changes</B></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt; color: #7030A0"><B>Cash flow from operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Profit (loss) for the period</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(29,272)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(14,524)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(43,796)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Income tax and social contribution</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(19,924)</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(3,019)</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(22,943)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Depreciation and amortization </FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">63,623</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">913</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">64,536</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Share-based compensation</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">2,497</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(3,899)</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(1,402)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Allowance for expected credit losses</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">8,001</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">16,630</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">24,631</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Increase of fair value of derivative financial instruments</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">837</FONT></TD>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">837</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Other assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(1,934)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(1,935)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Other liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">19,796</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">2.811</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">22,607</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt"><B>Cash generated from (used in) operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt"><B>169,167</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt"><B>(252)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt"><B>168,915</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">Exchange rate change on cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(1,102)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">252</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 8pt">(850)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 13pt Nunito Sans; margin: 0; text-align: justify; text-indent: -27pt"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>2.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Company&#8217;s subsidiaries</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>September 30, 2024</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 47%; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Country</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Direct</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 11%; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Indirect</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Direct</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Indirect</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B><U>Subsidiaries</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Zenvia Mobile Servi&ccedil;os Digitais S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">MKMB Solu&ccedil;&otilde;es Tecnol&oacute;gicas Ltda.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Total Voice Comunica&ccedil;&atilde;o S.A. (i)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rodati Motors Corporation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">USA</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Zenvia M&eacute;xico</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Mexico</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Zenvia Voice Ltda </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">One to One Engine Desenvolvimento e</FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;Licenciamento de Sistemas de Inform&aacute;tica S.A.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Sensedata Tecnologia Ltda.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rodati Services S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Movidesk S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">98.04</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">98.04</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rodati Servicios, S.A. de CV</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Mexico</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rodati Motors Central de Informa&ccedil;&otilde;es de Ve&iacute;culos Automotores Ltda.</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">100</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Nunito Sans; margin: 0">(i) The subsidiary was merged into Zenvia Brazil on July 1, 2024.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>3.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Preparation basis</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">These interim condensed consolidated financial statements for the nine
months period ended September 30, 2024, have been prepared in accordance with IAS 34, the Company has prepared the financial statements
on the basis that the interim condensed consolidated financial statements do not include all the information and disclosures required
in the annual financial statements, and should be read in conjunction with the Company&#8217;s annual consolidated financial statements
as at December 31, 2023.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The issuance of these interim condensed consolidated financial statements
was approved by the Executive Board of Directors on September 18, 2024.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><B>a.</B></TD><TD><B>Measurement basis</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The interim condensed consolidated financial statements were prepared
based on historical cost, except for certain financial instruments measured at fair value. See item (d) below for information on the measurement
of financial information of subsidiaries located in hyperinflationary economies.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><B>b.</B></TD><TD><B>Functional and presentation currency</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">These interim condensed consolidated financial statements are presented
in Brazilian Real (R$), which is the Company&#8217;s functional currency. All amounts have been rounded to the nearest thousand, unless
otherwise indicated.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The functional currency of the subsidiary Rodati Motors Corporation
is the US Dollar. The indirect subsidiaries of the Company have the following functional currencies: Rodati Motors Central de Informa&ccedil;&otilde;es
de Ve&iacute;culos Automotores Ltda. has the local currency, Brazilian Real (BRL), as its functional currency; Rodati Services S.A. has
the local currency, Argentine Peso (ARG), as its functional currency; and Rodati Servicios, S.A. de CV. has the local currency, Mexican
Pesos (MEX), as its functional currency.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><B>c.</B></TD><TD><B>Foreign currency translation</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">For the consolidated Company subsidiaries in which the functional currency
is different from the Brazilian Real, the interim financial statements are translated to Real as of the closing date. Monetary assets
and liabilities denominated in foreign currencies are translated into the functional currency at the exchange rate at the reporting date.
Non-monetary assets and liabilities that are measured at fair value in a foreign currency are translated into the functional currency
at the exchange rate when the fair value was determined. Non-monetary items that are measured based on historical cost in a foreign currency
are translated at the exchange rate at the date of the transaction. Foreign currency differences are generally recognized in profit or
loss and presented within finance costs.</P>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><B>d.</B></TD><TD><B>Accounting and reporting in highly hyperinflationary economy</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In June 2024, considering that the inflation accumulated in the past
five years in Argentina was higher than 100%, the adoption of the accounting and reporting standard in the hyperinflationary economy became
mandatory in relation to the subsidiary Rodati Services S.A., located in Argentina.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Non-monetary assets and liabilities, the equity and the statement of
profit or loss of subsidiaries that operate in hyperinflationary economies are adjusted by the change in the general purchasing power
of the currency, applying a general price index.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The financial statements of an entity whose functional currency is the
currency of a hyperinflationary economy based on current cost approach are in terms of the current measurement unit at the balance sheet
date and translated into Real at the closing exchange rate for the period. The impacts of changes in general purchasing power were reported
as finance costs in the statements of profit or loss of the Company.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><B>e.</B></TD><TD><B>Use of estimates and judgments</B></TD></TR></TABLE>

<P STYLE="font: 12pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In preparing these interim condensed consolidated financial statements,
management has made judgements and estimates that affect the application of the Company&#8217;s accounting policies and the reported amounts
of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to estimates are recognized prospectively.</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.3pt"><B><I>(i)</I></B></TD><TD STYLE="text-align: justify"><B><I>Measurement of fair value</I></B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">A series of Company&#8217;s accounting policies and disclosures requires
the measurement of fair value, for financial and non-financial assets and liabilities.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Evaluation process includes the regular review of significant non-observable
data and valuation adjustments. If third-party information, such as brokerage firms&#8217; quotes or pricing services, is used to measure
fair value, then the evaluation process analyzes the evidence obtained from the third parties to support the conclusion that such valuations
meet the IFRS requirements, including the level in the fair value hierarchy in which such valuations should be classified.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">When measuring the fair value of an asset or liability, the Company
uses observable data as much as possible. Fair values are classified at different levels according to hierarchy based on information (inputs)
used in valuation techniques, as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 6.5pt; margin-bottom: 6.5pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">&#8212;</FONT></TD><TD STYLE="text-align: justify">Level 1: Prices quoted (not adjusted) in active markets for identical assets and liabilities.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 6.5pt; margin-bottom: 6.5pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">&#8212;</FONT></TD><TD STYLE="text-align: justify">Level 2: Inputs, except for quoted prices, included in Level 1 which are observable for assets or liabilities,
directly (prices) or indirectly (derived from prices).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 6.5pt; margin-bottom: 6.5pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">&#8212;</FONT></TD><TD STYLE="text-align: justify">Level 3: Inputs, for assets or liabilities, which are not based on observable market data (non-observable
inputs).</TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company recognizes transfers between fair value hierarchy levels
at the end of the financial statements&#8217; period in which changes occurred.</P>

<P STYLE="font: 13pt Nunito Sans; margin: 0; text-indent: -27pt"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>4.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>New standards, amendments, and interpretations of standards</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-style: normal"><B>4.1.</B></FONT></TD><TD><FONT STYLE="font-style: normal"><B>New currently effective requirement</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The accounting policies adopted in the preparation of the interim condensed
consolidated financial statements are consistent with those followed in the preparation of the Company&#8217;s annual consolidated financial
statements for the year ended December 31, 2023, except for the adoption of new standards effective as of January 1<SUP>st</SUP>, 2024.
The Company has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The following amended standards and interpretations did not have a material
impact on the Company&#8217;s consolidated financial statements:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT>Supplier Finance Arrangements - Amendments to IAS 7 and IFRS 7;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -7.1pt"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT>Amendments to IFRS 16: Lease Liability in a Sale and Leaseback;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><BR STYLE="clear: both">
</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-style: normal"><B>4.2.</B></FONT></TD><TD><FONT STYLE="font-style: normal"><B>Amendments to IAS 1: Classification of Liabilities as Current or Non-current</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 21.25pt">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In January 2020 and October 2022, the IASB issued amendments to paragraphs
69 to 76 of IAS 1 to specify the requirements for classifying liabilities as current or non-current. The amendments clarify:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&#8226; What is meant by a right to defer settlement</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&#8226; That a right to defer must exist at the end of the reporting
period</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&#8226; That classification is unaffected by the likelihood that an
entity will exercise its deferral right</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&#8226; That only if an embedded derivative in a convertible liability
is itself an equity instrument would the terms of a liability not impact its classification</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In addition, a requirement has been introduced whereby an entity must
disclose when a liability arising from a loan agreement is classified as non-current and the entity&#8217;s right to defer settlement
is contingent on compliance with future covenants within twelve months.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The amendments had no impact on the Group&#8217;s interim condensed
consolidated financial statements.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>5.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Cash and cash equivalents and financial investments</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 53%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Cash and banks</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34,177</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">30,053</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Short-term investments maturing in up to 90 days (a)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">68,485</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">33,689</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 10pt"><B>Total cash and cash equivalents</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>102,662</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>63,742</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Nunito Sans; margin: 0 0 0 0.75in; text-indent: -0.75in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 8pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">Highly liquid short-term interest earning bank deposits are readily convertible
into a known amount of cash and subject to an insignificant risk of change of value. They are substantially represented by interest earning
bank deposits at rates varying from 95.0% to 103% of the CDI rate (Interbank Interest Rate in Brazil). </FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>6.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Restricted cash</B></FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The amount of R$6,072 invested in Bank Deposit Certificate in September
2024 refers to the contractual guarantee of Votorantim S.A.&#8217;s loan. Minimum Guarantee Percentage: 33% of the outstanding balance
of the Guaranteed Operation.</P>

<P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>7.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Trade and other receivables </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Domestic</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">240,932</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">185,099</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Abroad</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">22,205</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">21,013</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>263,137</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>206,112</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Allowance for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(67,255)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(57,328)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>195,882</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>148,784</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0 0 7pt">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 7pt">Changes in allowance for expected credit losses are as follows:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 7pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at the Beginning period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;(57,328)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(10,427)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(14,067)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(49,247)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Reversal</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2,613</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Foreign exchange variation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,527</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2,623 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(277)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at the End of the period</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;(67,255)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;(57,328)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">The breakdown of accounts receivable from customers by maturity is as follows:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 53%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Current</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;206,006 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">154,846</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><U>Overdue (days):</U></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">1&#8211;30</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;8,553 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">16,636</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">31&#8211;60</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;4,713 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,282</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">61&#8211;90</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;4,038 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,915</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">91&#8211;120</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2,446 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,257</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">121&#8211;150</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2,159 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,069</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">&gt;150</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;35,222 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">21,107</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;263,137 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>206,112</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 18 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>8.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Recoverable assets</B></FONT></TD></TR></TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 53%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Corporate income tax (IRPJ) (a)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,112</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,141</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Social contribution (CSLL) (a)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">568</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">450</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Federal VAT (PIS/COFINS) (b)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">17,292</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">23,147</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Federal Social Security Tax on Gross Revenue (CPRB) (c)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,661</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Others</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,952</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,320</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total tax assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>29,585</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>28,058</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Current</B></FONT></TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>29,585</B></FONT></TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>28,058</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Non-current</B></FONT></TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: white 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">Income tax and social contribution - the balance is composed by amounts withheld and advances of corporate
income tax and social contribution carried out in the previous years.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">As a result of a taxes restructuring in 2021, there was a change in the tax classification in part of
services provided, consequently, the Company has started collecting contributions to PIS and COFINS (Federal VAT) on a noncumulative basis
under the rates of 1.65% and 7.6%, respectively. On a non-cumulative basis, the Company became eligible to PIS and COFINS tax credits
on SMS cost invoices issued by the operator.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">The Company has recognized the favorable rulings from the Federal Regional Court regarding the writ of
security, which affirmed the right to calculate the INSS contributions for the period from November 2012 to November 2015 based on gross
revenue (CPRB), rather than on payroll.<BR STYLE="clear: both">
</TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>9.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Property, plant and equipment </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-style: normal"><B>9.1.</B></FONT></TD><TD><FONT STYLE="font-style: normal"><B>Breakdown of balances</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 35%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Average annual depreciation rates (%)</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Cost</B></FONT></TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Accumulated depreciation</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Net balance September 30, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">800</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(641)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">159</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,607</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,384)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">223</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">31,491</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(15,118)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">16,373</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">20 to 30</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,187</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,339)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,848</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">82</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right; text-indent: 9.05pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>40,178</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(20,493)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>19,685</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 34%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Average annual depreciation rates (%)</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Cost</B></FONT></TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Accumulated depreciation</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Net balance December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">800</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(512)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">288</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,609</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,262)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">347</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">22,500</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11,341)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">11,159</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">20 to 30</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,129</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,595)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,534</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">85</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right; text-indent: 9.05pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>30,131</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(15,718)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>14,413</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-style: normal"><B>9.2.</B></FONT></TD><TD><FONT STYLE="font-style: normal"><B>Changes in property, plant and equipment </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 28%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Average annual depreciation rates %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Disposals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Hyperinflation adjustment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Exchange variations</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">800</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">800</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,609</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,609</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">22,500</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">9,520</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(662)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">109</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">21</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">31,488</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,129</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,986</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,928)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,187</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>30,131</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>12,506</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(2,589)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>109</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>21</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>40,178</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(512)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(129)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(641)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,262)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(122)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,384)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11,341)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(4,145)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">494</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(109)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(17)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(15,118)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">20 to 30</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,595)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,732)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">989</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,338)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>(-) Accumulated depreciation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(15,718)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(6,131)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>1,483</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(109)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(17)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(20,492)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>14,413</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>6,375</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(1,107)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>4</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>19,685</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 26%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Average annual depreciation rates %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>December 31, 2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Disposals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Hyperinflation adjustment</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Transfers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Exchange variations</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">724</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">62</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(79)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">800</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,607</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,609</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">26,541</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,940</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(6,636)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(108)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(255)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">22,500</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,313</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(184)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,129</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">374</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(272)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(9)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other fixed assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">158</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(306)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">148</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>34,717</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>3,004</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(7,477)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>18</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>124</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(255)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>30,131</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Furniture and fixtures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(358)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(98)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">29</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(85)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(512)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Leasehold improvements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,100)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(163)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,262)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Data processing equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(12,548)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(4,902)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,945</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(677)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">11</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">830</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11,341)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Right of use &#8211; leases </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">20 to 30</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(709)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,007)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">121</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,595)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Machinery and equipment</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(294)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">237</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">57</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other fixed assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt">10 to 20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(118)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">225</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(107)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>(-) Accumulated depreciation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(15,127)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(7,178)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>6,558</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(677)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(124)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>830</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(15,718)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>19,590</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(4,174)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(919)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(659)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>575</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>14,413</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>10.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Intangible assets </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>10.1.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Breakdown of balances </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 38%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Average annual amortization rates %</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Cost</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Amortization</B></FONT></TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Net balance on September 30, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Intangible assets under development</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;54,049 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;54,049 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">20 to 50</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;34,759 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(16,076)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;18,683 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;800 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(687)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;113 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Goodwill</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;923,439 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;923,439 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;135,848 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(120,878)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;14,970 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;2,697 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,560)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;137 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brands and patents</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;29 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;29 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;500,782 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(188,458)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;312,324 </FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,652,403 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(328,659)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,323,744 </B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 38%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Average annual amortization rates %</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Cost</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Amortization</B></FONT></TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Net balance on December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Intangible assets under development</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">47,124</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">47,124</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">20 to 50</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">32,217</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(10,085)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">22,132</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">20 to 50</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">800</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(627)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">173</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Goodwill</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">923,439</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">923,439</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">135,848</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(111,186)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">24,662</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,697</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,954)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">743</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brands and patents</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">29</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">29</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt 0.75pt 0.1in; text-align: right"><FONT STYLE="font-size: 8pt">10 to 20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">470,235</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(141,210)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">329,025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,612,389</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(265,062)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,347,327</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>10.2.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Changes in intangible assets</B></FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 28%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Average annual amortization rates %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Transfers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Hyperinflation</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>adjustment</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Exchange variations</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>September 30, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Intangible asset in progress</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;47,124 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">37,948</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(31,025)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(346)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">348</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">54,049</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;32,217 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,256</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,265</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">21</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;34.759 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;800 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;800 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Goodwill&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;923,439 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;923,439 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;135,848 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;135,848 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;2,697 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;2,697 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brands and patents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;29 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;29 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform &nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;470,235 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">29,760</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">787</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;500,782 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Cost</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,612,389 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>39,204</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>462</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>348</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,652,403 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20 &#8211; 50</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(10,085)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,986)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(16,076)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(627)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(60)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(687)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(111,186)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(9,692)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(120,878)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,954)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(606)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,560)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform &nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(141,210)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(47,192)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(56)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;(188,458)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>(-) Accumulated amortizations</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(265,062)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(63,536)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(61)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;&nbsp;(328,659)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,347,327 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(24,332)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>401</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>348</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;1,323,744 </B></FONT></TD></TR>
  </TABLE>
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<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 8pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 26%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Average annual amortization rates %</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>December 31, 2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Additions</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Transfers</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Disposals</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Hyperinflation</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>adjustment</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Exchange variations</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Intangible asset in progress</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;41,707 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">47,253</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(40,714)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">522</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,639)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">47,124</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;10,112 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">5,403</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">18,888</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,186)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">32,217</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">800</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Goodwill&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">923,439</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">923,439</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">131,448 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">4,400</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">135,848</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,697</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,697</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brands and patents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">29 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">29</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform &nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">452,814 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">17,421</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">470,235</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Cost</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;1,563,046 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>52,656</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(5)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(2,191)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>522</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,639)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,612,389</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20 &#8211; 50</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;(5,135)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,465)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">139</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,376</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(10,085)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Database&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(547)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(80)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(627)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Customer portfolio&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(94,967)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(13,652)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,567)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(111,186)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Non-compete </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;(1,146)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(808)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,954)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Platform &nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">10 - 20</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(84,019)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(59,624)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,433</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(141,210)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>(-) Accumulated amortizations</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(185,814)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(80,629)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>5</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,376</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(265,062)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B>&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;1,377,232</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(27,973)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(815)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>522</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,639)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,347,327</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The amortization of intangibles includes the amount of <FONT STYLE="background-color: white">R$47,731</FONT>
for the nine months period ended September 30, 2024 (R$48,135 for the nine-month period ended September 30, 2023) related to amortization
of intangible assets acquired in business combinations, of which R$<FONT STYLE="background-color: white">38,092</FONT> (R$39,211 for the
nine-month period ended September 30, 2023) was recorded in costs of services and R$<FONT STYLE="background-color: white">9,638</FONT>
(R$8,924 for the nine-month period ended September 30, 2023) in administrative expenses.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company performs its annual impairment test in December and when
circumstances indicate that the carrying value may be impaired. The Company impairment test for goodwill and intangible assets with indefinite
lives is based on value-in-use calculations. The key assumptions used to determine the recoverable amount for the different cash generating
units were disclosed in the annual consolidated financial statements for the year ended December 31, 2023. <FONT STYLE="background-color: white">For
the period ended September 30, 2024, The Company had no indications of impairment for its intangible assets, therefore an impairment test
was not required. </FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>11.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Trade and other payables </B></FONT></TD></TR></TABLE>

<P STYLE="font: 14pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Domestic suppliers</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">318,563</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">243,186</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Abroad suppliers</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,413</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,897</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Advance from customers</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">12,723</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,220</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Related parties <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">93,251</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">89,594</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other accounts payable</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,485</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">15,101</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>437,435</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>353,998</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Current</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>437,435</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>353,998</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Non-current</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-size: 8pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">The outstanding balances relate to transactions in the ordinary course of
business with the Company&#8217;s shareholder Twilio Inc. (note 23).</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>12.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Loans, borrowings and debentures</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>Changes in cash</B></P></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Changes not affecting cash</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 27%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Interest rate p.a.</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Current</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>Non-</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>current</B></P></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Proceeds</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Interest paid</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Amortized cost</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt -1.6pt 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Payments</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Interest incurred</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Current</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>Non-</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>current</B></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 8pt">Working capital</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 8pt">100% CDI + 2.51% to 6.55%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">30,148</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">39,519</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">69,667</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">68,551</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">(10,892)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">1,233</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">(37,261)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">12,032</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">103,330</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">63,812</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">39,518</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Debentures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">18.16%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">6,043</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">12,086</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">18,129</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,085)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">100</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,632)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,085</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">13,597</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">6,043</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7,554</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>36,191</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>51,605</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>87,796</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>68,551</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(12,977)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,333</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(41,893)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>14,117</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>116,927</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>69,855</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>&nbsp;47,072</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: center"><B>Changes in cash</B></P></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Changes not affecting cash</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; line-height: 115%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 26%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Interest rate p.a.</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Current</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Non-</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>current</B></P></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>December 31, 2022</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Proceeds</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Interest paid</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt -1.6pt 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Payments</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Amortized cost</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Interest incurred</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Current</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>Non-</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0"><B>current</B></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 8pt">Working capital</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white"><FONT STYLE="font-size: 8pt">100% CDI + 2.51% to 6.55% and 8.60%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">62,335 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">63,499 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">125,834 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">30,000</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">(17,533)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">(85,239)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">(662)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">17,267</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">69,667</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">30,148</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; background-color: white; text-align: right"><FONT STYLE="font-size: 8pt">39,519</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Debentures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">18.16%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">27,206 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">13,794 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">41,000 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,168)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(22,471)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(400)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">4,168</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">18,129</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">6,043</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">12,086</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>89,541 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>77,293 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>166,834 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>30,000</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(21,701)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(107,710)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,062)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>21,435</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>87,796</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>36,191</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>51,605</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 0.25in; text-indent: -0.25in">The portion classified in non-current liabilities has the
following payment schedule:</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-indent: -0.25in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2025</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">13,017</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">26,856</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">After 2026</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34,055</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">24,749</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>47,072</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>51,605</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B>Working Capital </B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On September 19, 2024, Zenvia Brazil signed an amendment with BANCO
ABC BRASIL S.A. for a Commercial Promissory Notes Loan in the original aggregate amount of R$18,000, establishing an amortization schedule
comprised of 15 installments, three-months of grace period and twelve-months installments of principal. In this transaction, we have a
swap with CDI high limiter up to 14,8% for the three installments, which serves as a protective mechanism.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On September 19, 2024, Zenvia Brazil repaid a loan ahead of schedule
with BANCO ABC BRASIL S.A. for a Commercial Promissory Notes Loan in the original aggregate amount of R$15,000.</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><B>Contractual clauses</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company has financing agreements in the amount of R$73.723 guaranteed
by a range of 20% to 50% of accounts receivable given as collateral and the balance of financial investment recorded as current assets,
representing three times the amount of the first payment of principal plus interest.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company has a financing agreement with Bradesco in the amount of
R$11,205 in which the guarantee is the receipt of credits from Bradesco as a client.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company, through its subsidiary One to One has entered into a financing
agreement for the issuance of debentures guaranteed by: (i) the fiduciary assignment to creditor of receivables equivalent at least, (i)
R$4,000 between November 30, 2023 and December 31, 2024; (ii) R$3,000 between January 1, 2025 and December 31, 2025; and (iii) R$2,000
between January 1, 2026 and December 31, 2026, which must go through an escrow account controlled by the creditor and, upon confirmation
that the guarantees are in order, are subsequently released to the Company; and (ii) the fiduciary assignment to creditor of 10% of the
Company's corporate stock.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On April, 9, 2024, the Company signed an amendment establishing (i)
a new guarantee value, which became the aggregate value corresponding to R$6,500 million, (ii) the exclusion of the minimum cash covenant,
and (iii) the extension, in one year (until March 31, 2025), of the term for the reduction of liabilities arising from corporate acquisitions
in the amount equivalent to R$50 million.</P>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"></P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><B>Covenants</B></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">In 2023, The Company has renegotiated new terms to be applied as of
the year 2024 for the financial covenants of loans and financing. The most restrictive net debt-to-EBITDA financial covenant to which
we are currently subject requires that such ratio does not exceed 2.5x and which is measured at the end of each fiscal year. In addition
to these, the Company also has other covenants related to indebtedness level. Furthermore, our working capital agreements contain a cross-default
provision that may be triggered by a default under one of our other financing agreements. A cross default provision means that a default
on one loan would result in a default of our other loans.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On March 31, 2024, the Company assessed the covenant clauses of its
loans and financings with the aim of mitigating non-compliance with the entirety of the restrictive clauses in its annual measurement.
As part of the action plan, the Company renegotiated certain covenant clauses with financial institutions to ensure compliance and received
the necessary consents from these institutions. The Company does not anticipate short- and medium-term impacts on its operations resulting
from possible breaches of restrictive clauses.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">As of September 30, 2024, the Company remains in full compliance with
all covenants outlined in its loans and financing agreements, with the exception of one covenant related to the liabilities from the acquisition
of Movidesk. This specific covenant requires the Company to exercise the option to convert R$50,000 of total debt into equity before March
31, 2025.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company requested a waiver for this covenant. Nonetheless, if an
agreement is not reached by the end of the fourth quarter of 2024, the Company may be obligated to issue shares equivalent to R$50,000,
which would result in the dilution of the equity interest of existing shareholders.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company continues to closely monitor its compliance with all other
financial obligations under its working capital agreements.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>13.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Liabilities from acquisitions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Liabilities from business combinations</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 58%; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 2%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Acquisition of Sirena </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,496</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Acquisition of D1 (i)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">23,951</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">20,769</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Acquisition of SenseData </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">29,064</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">41,943</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Acquisition of Movidesk (ii) </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">227,729</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">228,495</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total liabilities from acquisitions</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>280,744</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>294,703</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Current</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">100,994</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">134,466</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Non-current</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">179,750</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">160,237</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: justify">(i) On February 6, 2024, Zenvia Brazil renegotiated the D1 earnout, in
the total outstanding amount of R$21,521. Payment terms were extended to a total of 36 months, with a six-month grace period and 30 monthly
payments, with final maturity in December 2026.</P>

<P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: justify">(ii) On February 6, 2024, Zenvia Brazil renegotiated the earnout with
Movidesk, with a total balance of R$206,699 as of December 31, 2023. Payment terms have been extended to a total of 60 months, with final
due date in December 2028, with Zenvia option to convert approximately R$100,000 of total debt into equity, subject to certain conversion
deadlines agreed between the parties.</P>

<P STYLE="font: 7pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-indent: -0.25in"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: right">&nbsp;</P>
    <P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: right"><B>For the nine months period ended September 30, </B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Sirena</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>D1</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Sensedata</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Movidesk</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,395</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,813</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,109</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2025</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">9,581</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">23,251</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">63,017</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2026</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">11,975</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51,253</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2027</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">55,852</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">2028</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51,498</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>23,951</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>29,064</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>227,729</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>14.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Provisions for tax, labor and civil risks </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>14.1.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Provisions for probable losses</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company, in the ordinary course of its business, is subject to tax,
civil and labor lawsuits. Management, supported by its legal advisors' opinion, assesses the probability of the outcome of the lawsuits
in progress and the need to record a provision for risks that are considered sufficient to cover the probable losses.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The table below presents the position of provisions for disputes, probable
losses and judicial deposits which refer to lawsuits in progress and social security risk.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 53%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 25%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Provisions</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Service tax (ISSQN) Lawsuit &#8211; Company Zenvia (a)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">21,252</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">39,855</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Labor provisions and other provisions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,719</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,352</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total provisions</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>22,971</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>42,207</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Judicial deposits</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Service tax (ISSQN) judicial deposits &#8211; Lawsuit Company Zenvia (a)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(42,257)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(39,895)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Labor appeals judicial and other deposits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(5,110)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(591)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total judicial deposits</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(47,367)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(40,486)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(24,396)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>1,721</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 8pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">The amount of the liability related to the provision and judicial deposits
for tax risk refers to the lawsuit filed by the City of Porto Alegre about the service tax (ISSQN) against Zenvia Brazil itself. On September
27, a conciliation mediation process related to the legal action regarding the Service Tax (ISSQN) was concluded. Under the terms of the
agreement, the Municipality of Porto Alegre will collect 50.29% of the balance from the judicial deposit, while the Company will collect
the remaining balance of 49.71%.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>14.2.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Contingencies with possible losses</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company is involved in contingencies for which losses are possible,
in accordance with the assessment prepared by Management with support from legal advisors. On September 30, 2024, the total amount of
contingencies classified as possible was R$47,160 (R$75,655 as of December 31, 2023). The most relevant cases are set below:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Taxes: The Company is involved in disputes related to administrative
claims in the amount of R$43,506 (R$40,640 as of December 31, 2023) related to a fine imposed by the Brazilian federal tax authority for
failure to pay income taxes on capital gain from the acquisition of Kanon Servi&ccedil;os em Tecnologia da Informa&ccedil;&atilde;o Ltda.
By Zenvia Mobile from Spring Mobile Solutions Inc. in previous years.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Labor: the labor contingencies assessed as possible losses totaled R$1,779
as of September 30, 2024 (R$2,551 as of December 31, 2023). Labor-related actions essentially consist of issues related to commission
differences, variable compensation and salary parity.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Civil: the civil contingencies assessed as possible losses totaled R$1,875
as of September 30, 2024 (R$961 as of December 31, 2023).</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">Changes in provisions are as follows:</FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 76%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt; color: #7030A0"><B>Provision</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at January 1, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>39,750</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,731</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Reversals</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,689)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Payments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,585)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>42,207</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,395</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Reversals</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(22,293)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Payments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(338)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at September 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>22,971</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">Changes in judicial deposits are
as follows:</FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 76%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt; color: #7030A0"><B>Deposits</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at January 1, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>37,781</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,705</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>40,486</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,081</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Payments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(200)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at September 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>47,367</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>15.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Long-Term Incentive Programs and Management remuneration</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">The Company offers to its executives
and employees long-term incentive plans (&#8220;ILPs&#8221;) based on the issuance of restricted Class A common shares (&#8220;RSUs&#8221;)
and cash-based payments equivalent to RSU. The Company recognizes as expense the fair value of RSUs, measured at the grant date, on a
straight-line basis during the vesting provided by the respective plan, with a corresponding entry: to shareholders&#8217; equity for
plans exercisable in shares; and to liabilities for plans exercisable in cash. The accumulated expense recognized reflects the vesting
period and the Company&#8217;s best estimate of the number of shares to be delivered. The expense of the plans is recognized in the statement
of profit or loss in accordance with the function performed by the beneficiary. </FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify; color: white"><FONT STYLE="background-color: white">x</FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">The Long-Term Incentive Programs
1 to 4 (&#8220;ILP 1 to 4&#8221;) have either been finished or have completed their vesting periods and the delivery of shares.</FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">On February 24, 2023, the Executive
Board of Directors approved a new Long-Term Incentive Program (&#8220;ILP 5&#8221;) that will grant a maximum of 2,300,000 RSUs (or cash-based
payments equivalent to RSUs) to certain executives and employees of the Company subject to a vesting period of 36 months as of January
1, 2023.</FONT></P>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white"></FONT></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">On January 24, 2024, the Executive
Board of Directors approved a new Long-Term Incentive Program (&#8220;ILP 6&#8221;) that will grant a maximum of 2,300,000 RSUs (or cash-based
payments equivalent to RSUs) to certain executives and employees of the Company subject to a vesting period of 36 months as of January
1, 2024. </FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><FONT STYLE="background-color: white">As of September 30, 2024, the
Comp</FONT>any had outstanding 4,718,979 &#8220;RSUs&#8221; that were authorized but not yet issued, related with future vesting conditions.
The total compensation cost related to unvested RSUs was R$4,760 (R$2,314 as of December 31, 2023) recorded in the consolidated financial
statements. An expense amounting to R$6,354 (R$3,139 for the nine months period ended September 30, 2023) was recorded in the consolidated
statements of profit or loss position as relative to the vesting period of the restricted share units.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Date</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Quantity</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Grant</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Vesting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 17%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Shares granted</B></FONT></TD>
    <TD STYLE="width: 50%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Weighted average grant date fair value (Per share)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">08. 09. 2021</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">12. 22. 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">45,522</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">59.11</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">08. 23. 2021</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">12. 22. 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">11,436</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">84.50</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">08. 24. 2021</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">12. 22. 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,833</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">86.68</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">05. 05. 2022</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">05. 09. 2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">240,000</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">75.72</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">03. 13. 2023</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">12. 31. 2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,300,000</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;8.34</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">02. 06. 2024</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">12. 31. 2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,300,000</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;7.35</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>4,900,791</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">As of September 30, 2024 the Company has 4,718,979 shares issued (outstanding shares), reserved
for the shared based payment plans.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The roll forward of the granted shares for the nine months period ended
September 30, 2024, is presented as follows:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 76%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt; color: #7030A0"><B>Consolidated</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Outstanding RSU as of December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295,334 </B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Shares granted</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,300,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Shares delivered</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(144,485)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Outstanding RSU on December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2,450,849</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Shares granted</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,300,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Shares delivered</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(31,870)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Outstanding RSU on September 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>4,718,979</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0"><B><I>&nbsp;</I></B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B><I>Key management personnel compensation</I></B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">Key management personnel compensation comprised the following:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>For the nine-months period ended September 30, </B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 75%; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 3%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Short-term employee benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">14,001</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">10,308</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other long-term benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">843</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">653</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Termination benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">873</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Share-based payments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,831</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,289</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>16,675</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>13,123</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 14pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>16.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Equity</B></FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Nunito Sans; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0"><B><I>Share <FONT STYLE="font-size: 12pt">Capital</FONT></I></B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 34%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Shareholder&#8217;s</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 8%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Class</B></FONT></TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right; text-indent: 1.35pt"><FONT STYLE="font-size: 8pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 7%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD>
    <TD STYLE="width: 20%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right; text-indent: 1.35pt"><FONT STYLE="font-size: 8pt"><B>December 31, 2023</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Bobsin Corp</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">B</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">9,578,220</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">18.47</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">9,578,220</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">22.92</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Bobsin Corp</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">A</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">9,780,060</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">18.86</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">897,635</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2.15</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Oria Zenvia Co-investment Holdings, LP</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">B</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7,119,930</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">13.73</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7,119,930</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">17.04</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Oria Tech Zenvia Co-investment &#8211; Fundo de Investimento em Participa&ccedil;&otilde;es Multiestrat&eacute;gia</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">B</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">4,329,105</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">8.35</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">4,329,105</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">10.36</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Oria Tech I Inova&ccedil;&atilde;o Fundo de Investimento em Participa&ccedil;&otilde;es </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">B</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,637,670</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">5.09</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,637,670</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">6.31</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Twilio Inc.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">A</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,846,153</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7.42</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">3,846,153</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">9.20</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Others </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt">A</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">14,576,560</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">28.09</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;13,386,630 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">32.01</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>51,867,698</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>100</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>41,795,343</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>100</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On February 6, 2024, the Company issued 8,860,535 Class A common shares
to Bobsin Corp due to a private placement investment in the Company, resulting in a capital increase in the amount of US$ 10,101,010.00.
Pursuant to the terms of the investment agreement, for a period of 3 years from the closing date of the investment, Bobsin Corp. will
be entitled to receive, as a return on its investment, additional cash or an equivalent amount in common shares issued by us, upon the
occurrence of certain future liquidity or corporate transaction events (such as the occurrence of an equity follow-on or a transaction
resulting in a change of our control). The calculation of such investment returns will be linked to the appreciation of our share price
over this period of time, and can lead to a maximum dilution of around 11% in our shareholder base at the time of the liquidity or corporate
event, if any.</P>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company recognized the initial amount of R$49,159 in the interim
consolidated financial statements as a return on to a private placement investment. The financial expense of fair value derivatives amounted
to R$33,211 was recorded in the interim consolidated statements of profit or loss position for the six-month period ended on June 30,
2024. (See Note 22 &#8220;d&#8221;).</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On May 31, 2024, the Company issued 988.970 RSUs whereby eligible employees
choose to invest 50% to 100% of their Profit-Sharing Program pay toward the purchase of shares in the Company with a lock-up period of
15 to 18 months.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>17.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Segment reporting</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>17.1.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Basis for segmentation </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">For management purposes, the Company is organized into business units
based on its products and services and has two reportable segments, as follows:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 38%; border-top: black 1.5pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B>Reportable segments</B></FONT></TD>
    <TD STYLE="width: 62%; border-top: black 1.5pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B>Operations</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 9pt Nunito Sans; margin: 0">SaaS (Software-as-a-Service)</P>
    <P STYLE="font: 9pt Nunito Sans; margin: 0">&nbsp;</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 9pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt">Includes the following solutions:</P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 9pt"><B>i.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-size: 9pt">Zenvia Attraction: </FONT></B><FONT STYLE="font-size: 9pt">Active multi-channel end-customer acquisition
    campaigns utilizing data intelligence and multi-channel automation.</FONT></P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 9pt"><B>ii.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-size: 9pt">Zenvia Conversion:</FONT></B><FONT STYLE="font-size: 9pt"> Converting leads into sales using multiple
    communication channels.</FONT></P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 9pt"><B>iii.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-size: 9pt">Zenvia Service:</FONT></B><FONT STYLE="font-size: 9pt"> Enabling companies to provide customer service
    with structured support across multiple channels.</FONT></P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 9pt"><B>iv.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-size: 9pt">Zenvia Success:</FONT></B><FONT STYLE="font-size: 9pt"> Protect and expand customer revenue through
    cross-selling and upselling.</FONT></P>
    <P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 24.65pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 9pt"><B>v.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-size: 9pt">Consulting: </FONT></B><FONT STYLE="font-size: 9pt">A Business Intelligence team that provides solutions
    to customer needs by using SaaS and CPaaS to enhance the end-consumer experience.</FONT></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">CPaaS (Communications Platform as a Service) </FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: justify"><FONT STYLE="font-size: 9pt">Includes services such as SMS, Voice, WhatsApp, Instagram and Webchat, all such applications being orchestrated and automated by chatbots, single customer view, journey designer, documents composer and authentication. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>17.2.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Information about reportable segments </B></FONT></TD></TR></TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The following table present revenue and cost of services information
for the Company operations segments for the nine months period ended September 30, 2024 and 2023, respectively:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="8" STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>For the three months period ended September 30, </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>2024</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; width: 20%; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 13%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>CPaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>SaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 14%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Consolidated</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; vertical-align: top; width: 3%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>CPaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 13%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>SaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 15%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Consolidated</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Revenue</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">196,817</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">87,632</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">284,449</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">143,273</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">75,324</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">218,597</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cost of services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;(144,911)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">(49,728)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(194,639)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt -1.5pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(105,443)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(42,219)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(147,662)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>51,906</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>37,904</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89,810</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>37,830</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>33,105</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>70,935</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="8" STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>For the nine months period ended September 30, </B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>2024</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; width: 19%; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 14%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>CPaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>SaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 14%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Consolidated</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; vertical-align: top; width: 3%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>CPaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 13%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>SaaS</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 15%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Consolidated</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Revenue</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">485,070</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">243,174</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">728,244</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">379,190</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">211,373</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">590,563</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Cost of services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt -5.1pt 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(324,950)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(145,092)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(470,042)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt -1.5pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(254,086)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(116,207)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(370,293)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>160,120</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>98,082</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258,202</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>125,104</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>95,166</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>220,270</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Operational expenses, finance income, finance expenses, taxes and fair
values gains and losses on certain financial assets and liabilities are not allocated to individual segments as these are managed on an
overall group basis.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>17.3.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Revenue geographic information </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">The Company&#8217;s revenue by geographic region is presented below:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>For the three months period ended September 30</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>For the nine months period ended September 30</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; width: 45%; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 15%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 16%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 13%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0; background-color: white"><B><U>Primary geographical markets</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">233,901</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;196,083</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">598,071</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;529,750</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">USA</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">33,784</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;11,020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">80,198</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;21,110</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2,735</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;2,609</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">9,438</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;8,770</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Mexico</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,795</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;3,402</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">9,748</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;10,635</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Switzerland</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">2510</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;46</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">3,447</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;141</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Colombia</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">1,110</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;1,043</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">3,063</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;4,131</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Peru</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">930</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;1,356</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">4,255</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;3,477</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Chile</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">517</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;596</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">1,728</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;2,449</FONT></TD></TR>

<TR>
    <TD STYLE="width: 45%; border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Others</FONT></TD>
    <TD STYLE="width: 15%; border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">7,167</FONT></TD>
    <TD STYLE="vertical-align: top; width: 16%; border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;2,442</FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">18,296</FONT></TD>
    <TD STYLE="vertical-align: top; width: 13%; border-top: black 1pt dotted; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;10,100</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>284,449</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>218,597</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white"><B>728,244</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;590,563</B></FONT></TD></TR>
  </TABLE>
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<!-- Field: Page; Sequence: 36 -->
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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>18.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Costs and expenses by nature </B></FONT></TD></TR></TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>For the three months period ended September 30, 2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 25%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Cost of services</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Sales and marketing expenses</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>General administrative expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Research and development expenses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Allowance for credit losses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Other income and expenses, net</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Personnel expenses </B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Salary </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(3,298)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9,719)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(6,832)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(223)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(20,072)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,315)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,901)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,927)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,528)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(6,671)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Compulsory contributions to social security</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(901)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(2,784)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(2,849)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(2,861)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9,395)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(30)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(244)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(58)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(14)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(346)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Provisions (vacation/13th salary)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(845)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(2,187)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,710)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(2,148)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(6,890)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Provision for bonus and profit sharing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(403)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,864)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(3,596)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,860)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(7,723)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(268)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;140 </FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(25)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(153)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(6,792)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(18,967)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(16,832)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(8,659)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(51,250)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Costs with operators/Other costs</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(170,032)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(170,032)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(17,815)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(423)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,023)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,050)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(23,311)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Outsourced services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(598)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,620)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,510)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(6,728)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Rentals/insurance/condominium/water/energy</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(606)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(610)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Allowance for credit losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,559)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,559)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Marketing expenses / events</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,901)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;- </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(4,902)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Software license</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,234)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(3,313)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(848)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(5,395)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Commissions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,890)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(5)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(1,895)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Communication</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(457)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(457)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Travel expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(58)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(232)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(299)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other expenses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(514)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">(437)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(951)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Earn-out</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(84)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(84)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Result of disposal of assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;(9)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other income and expenses, net</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,905</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;3,905 </FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total expenses by nature</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;(194,639)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;(28,075)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30,602)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;(12,514)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>(4,559)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;3,812 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;&nbsp;(266,577)</B></FONT></TD></TR>
  </TABLE>
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<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 20%; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD colspan="7" STYLE="width: 80%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>For the three months period ended September 30, 2023</B></FONT></TD></TR>

<TR>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Cost of services</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Sales and marketing expenses</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>General administrative expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Research and development expenses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Allowance for credit losses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Other income and expenses, net</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Personnel expenses </B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Salary </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,813)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(9,292)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(8,729)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,068)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(24,902)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,117)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,864)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,582)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,682)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,245)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Compulsory contributions to social security</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,110)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,681)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,874)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,990)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(9,655)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(71)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(210)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(45)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(186)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(512)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Provisions (vacation/13th salary)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,030)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,162)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,579)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,231)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(7,002)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Provision for bonus and profit sharing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(556)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,887)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,605)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,828)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,876)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(92)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(560)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(34)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(686)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(7,697)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(18,188)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(17,974)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(12,019)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(55,878)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Costs with operators/Other costs</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(122,877)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(122,877)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(17,088)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(423)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,363)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,341)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(23,215)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Outsourced services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(900)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,217)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,129)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Rentals/insurance/condominium/water/energy</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(205)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(221)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Allowance for credit losses (i)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,654)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,654)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Marketing expenses / events (ii)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,724)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,725)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Software license</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(677)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,440)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(993)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,110)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Commissions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,830)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(100)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,936)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Communication (ii)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(21)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">105</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(226)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(142)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Travel expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(190)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">35</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(89)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(244)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other expenses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(295)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(630)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(106)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,031)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Earn-out</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(631)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(631)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Result of disposal of assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(348)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(348)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Other income and expenses, net</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(258)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(258)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total expenses by nature</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(147,662)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(29,252)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(29,696)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(14,898)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(2,654)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,237)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(225,399)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>(i) The 2023 was restated (Note 1 - b) to reflect the adjustment to the provisional amounts.
</I></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>(ii) The Company reclassified some comparative balances for better presentation and comparability
with the current period, without any impact on its result, without changes in the totalizing subgroups and without impact on the assessment
of covenants.</I></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 23%; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD colspan="7" STYLE="width: 77%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>For the nine months period ended September 30, 2024</B></FONT></TD></TR>

<TR>
    <TD STYLE="width: 27%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Cost of services</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Sales and marketing expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>General administrative expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Research and development expenses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Allowance for credit losses</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Other income and expenses, net</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Personnel expenses </B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Salary </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(10,722)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(27,951)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(21,577)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,650)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(62,900)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(3,967)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(5,459)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(5,368)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(4,526)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(19,320)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Compulsory contributions to social security</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,990)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(7,999)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(9,290)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(8,806)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(29,085)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(63)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(706)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(197)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(324)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,290)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Provisions (vacation/13th salary)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,738)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(6,243)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(5,244)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(6,596)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(20,821)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Provision for bonus and profit sharing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,492)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(5,803)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(13,232)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(7,318)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(27,845)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(466)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(781)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(124)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,373)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(21,974)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(54,627)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(55,689)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(30,344)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(162,634)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Costs with operators/Other costs</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(395,929)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;(395,929)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(52,139)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,269)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(12,896)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(3,363)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(69,667)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Outsourced services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,175)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(14,543)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(3,475)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(20,193)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rentals/insurance/condominium/water/energy</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(783)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(787)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Allowance for credit losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(11.454)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(11,454)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Marketing expenses / events</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(13,738)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;- </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(13,739)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(3,806)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(7,343)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,753)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(13,902)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Commissions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(4,740)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(5)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(4,745)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Communication</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(59)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,113)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(790)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,962)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Travel expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(520)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(630)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(62)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(1,212)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other expenses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(497)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(2,163)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(593)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(3,253)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Earn-out</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(10.245)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(10,245)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Result of disposal of assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(144)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(144)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other income and expenses, net</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(205)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;(205)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total expenses by nature</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(470,042)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(81,435)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(95,165)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(41,381)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(11.454)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;(10.594)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(710,071)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>For the nine months period ended September 30, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 27%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Cost of services</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Sales and marketing expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>General administrative expenses</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Research and development expenses</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Allowance for credit losses</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Other income and expenses, net</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Personnel expenses </B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Salary </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(11,571)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(28,472)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(26,096)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(773)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(66,912)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Benefits</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,195)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,543)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,033)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,801)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(18,572)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Compulsory contributions to social security</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,269)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(8,141)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(9,168)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(8,286)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(28,864)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Compensation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(86)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(581)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,103)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(274)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,044)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Provisions (vacation/13th salary)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,164)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,548)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,408)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(6,854)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(20,974)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Provision for bonus and profit sharing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,204)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,952)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(8,004)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,555)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(19,715)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(9)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(255)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,944)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(153)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,361)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(21,498)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(54,492)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(56,756)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(26,696)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>-</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(159,442)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Costs with operators/Other costs </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(300,899)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(300,899)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Depreciation and amortization </FONT><FONT STYLE="font-size: 7pt"><I>(i)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(47,896)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,272)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12,896)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,472)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(64,536)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Outsourced services</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,560)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(14,621)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(5,085)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(22,266)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Rentals/insurance/condominium/water/energy</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(10)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(700)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(357)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,067)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Allowance for credit losses </FONT><FONT STYLE="font-size: 7pt"><I>(i)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(24,631)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(24,631)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Marketing expenses / events</FONT><FONT STYLE="font-size: 7pt"><I>(ii) </I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(13,912)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(274)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(14,186)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Software license</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,225)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(10,026)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(3,978)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(16,229)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Commissions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,346)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(12)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(204)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,562)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Communication</FONT><FONT STYLE="font-size: 7pt"><I>(ii) </I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(94)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(437)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(446)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(977)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Travel expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(662)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(363)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(230)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,255)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other expenses </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,928)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,406)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(543)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(4,877)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Earn-out</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(631)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(631)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Result of disposal of assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(605)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(605)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Other income and expenses, net</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(537)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(537)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Total expenses by nature</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(370,293)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(81,501)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(98,491)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(40,011)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(24,631)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(1,773)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(616,700)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>(i) The 2023 was restated (Note 1 - b) to reflect the adjustment to the provisional amounts.
</I></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>(ii) The Company reclassified some comparative balances for better presentation and comparability
with the current period, without any impact on its result, without changes in the totalizing subgroups and without impact on the assessment
of covenants.</I></P>

<P STYLE="font: 7pt Nunito Sans; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 7.5pt Nunito Sans; margin: 0">.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>19.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Financial Income (Expenses) </B></FONT></TD></TR></TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Three months ended September 30, </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Nine months ended September 30, </B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 52%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 3%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Finance expenses</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interest on loans and financing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(5,158)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(4,439)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(12,031)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(14,282)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interest on Debentures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(658)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(803)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(2,086)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,370)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Discount</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(3,943)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,511)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(12,564)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11,192)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Foreign exchange losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2,673 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(5,943)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(15,158)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(9,680)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Bank expenses and IOF (tax on financial transactions)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(1,958)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(922)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(4,160)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,180)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other financial expenses </FONT><FONT STYLE="font-size: 8pt"><I>(ii)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(4,507)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,579)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(15,441)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,695)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interests on leasing contracts</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(131)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(88)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(458)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(300)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Loss on derivative instrument </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(7,905) </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(41,153) </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(837)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Inflation adjustment </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(1,100)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,022)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(3,435)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,531)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interest and adjustment to present value (APV) on liabilities from acquisition (i)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;&nbsp;(9,926)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(578)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(31,296)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(11,504)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total financial expenses</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;(32,613)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(19,885)</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;(137,782)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(55,734)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Finance income</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interest</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;2 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">129</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;89 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">133</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Foreign exchange gain</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,184</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,559</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;3,986 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">8,643</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interests on financial instrument</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;401 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,433</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;1,091 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">4,645</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other financial income</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;7,504 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(489)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;10,726 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,467</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Gain on derivative instrument </FONT><FONT STYLE="font-size: 8pt"><I>(ii)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51,674</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">837</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51,711</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Interest and adjustment to present value (APV) on liabilities from acquisition (i)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-family: New York, Helvetica, Sans-Serif; font-size: 9pt; background-color: white">&nbsp;&nbsp;160 </FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">51</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt; background-color: white">&nbsp;&nbsp;2,831 </FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">244</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total finance income</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>62,925 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>8,520</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;70,434 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>15,132</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Net finance costs</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;30,313 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(11,365)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;(67,348)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(40,602)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Nunito Sans; margin: 0"><I>(i) The amount is related to the monetary correction provision of Earn-out amounts.</I></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><I>(ii) The 2023 was restated (Note 1 - b) to reflect the adjustment to the provisional amounts.
</I></P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>20.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Income tax and social contribution </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Three months ended September 30,</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Nine months ended September 30,</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 57%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 3%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Deferred taxes on temporary differences and tax losses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,335</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,323</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">37,429</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">26,962</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Current tax expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,071)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,013)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(7,998)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(4,019)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Tax (income) expense </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>4,264</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>6,310</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>29,431</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>22,943</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 41 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>20.1.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Reconciliation between the nominal income tax and social contribution
rate and effective rate </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Three months ended September 30, </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>Nine months ended September 30, </B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 54%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; vertical-align: top; width: 2%; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 11%; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Income before income tax and social contribution</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">48,185</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(18,167)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(49,175)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(66,739)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Basic rate</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34%</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Income tax and social contribution</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(16,383)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>6,177</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>16,720</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>22,691</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Tax incentives</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">3,889</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">11,050</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Net operating loss carryforward not recorded from subsidiaries</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,278)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">1,504</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(4,471)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">7,473</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Bonus </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,121)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,299)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(508)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Gain/Loss on derivative instrument</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 2.25pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,702</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,590)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Provision for Doubtful Accounts</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 2.25pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,572)</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,572)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Others</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 2.25pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;(1,913)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">2,201</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,347)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,141)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Write-off of previously recognized deferred tax assets</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 2.25pt 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;14,368</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">14,368</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Tax benefit (expense)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>4,264</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>6,310</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>29,431</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>22,943</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Effective rate</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(8.85%)</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34.73%</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">59.85%</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34.38%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>20.2.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Breakdown and Changes in deferred income tax and social contribution
</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 67%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Deferred tax assets</U></B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Provision for labor, tax and civil risk</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 5pt; text-align: right"><FONT STYLE="font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">13,551</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Allowance for doubtful accounts</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt dotted; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">5,927</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">4,781</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Tax losses and negative basis of social contribution tax</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">41,273</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">8,059</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Provision for compensation&nbsp;&nbsp;or renegotiation from acquisitions</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">38,392</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">34,908</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Goodwill impairment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">33,059</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">33,059</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Customer portfolio and platform</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">28,057</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">16,154</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Other temporary differences</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">9,477</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">8,244</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total deferred tax assets</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>156,185</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>118,756</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt; color: #7030A0"><B><U>Deferred Tax liabilities</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Goodwill</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(26,785)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(26,785)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total deferred tax liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(26,785)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>(26,785)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Net deferred tax</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>129,400</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>91,971</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Deferred taxes &#8211; assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>129,400</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>91,971</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Deferred taxes &#8211; liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>-</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 79%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 21%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>91,971</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Additions </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">50,980</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Reversals</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(13,551)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Balance at September 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>129,400</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>21.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Earnings per share </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">The calculation of basic earnings per share is calculated by dividing
loss of the period by the weighted average number of common shares existing during the period. Diluted earnings per share are calculated
by dividing net income for the period by weighted average number of common shares existing during the period plus weighted average number
of common shares that would be issued upon conversion of all potentially dilutive common shares into common shares.</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">For the nine months period September 30, 2024 and 2023, the number of
shares used to calculate the diluted net loss per share of common stock attributable to common shareholders is the same as the number
of shares used to calculate the basic net loss per share of common stock attributable to common shareholders for the period presented
because potentially dilutive shares would have been antidilutive if included in the calculation. The tables below show data of loss and
shares used in calculating basic and diluted earnings per share.</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="4" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>Nine months period ended September 30</B></P>
    <P STYLE="font: 8pt Nunito Sans; margin: 0; text-align: right"><B>(Restated)*</B></P></TD></TR>
  <TR>
    <TD STYLE="width: 72%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2024</B></FONT></TD>
    <TD STYLE="width: 2%; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; color: #7030A0"><B>Basic and diluted earnings per share</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Numerator</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Loss of the period assigned to Company&#8217;s shareholders</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(19,798)</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(44,008)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Denominator</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Weighted average for number of common shares</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">49,949,495</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">41,659,616</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Class A common stock subject to future vesting</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">(2,129,223)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>49,949,495</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>39,530,393</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Basic and diluted loss per share (in reais)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(0.396)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(0.001)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-indent: 1in">&nbsp;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>22.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Risk management and financial instruments </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0 0 0 0.75in; text-indent: -0.75in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>22.1.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Classification of financial instruments</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">The classification of financial instruments is presented in the table
below:</P>

<P STYLE="font: 10pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; text-align: center; padding: 0.75pt 5.75pt; vertical-align: top"><FONT STYLE="font-size: 7pt"><B>December 31, 2023</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Amortized cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Fair value through profit or loss</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 1</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 2</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 3</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Amortized cost</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt -2.9pt 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Fair value through profit or loss</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 1</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 2</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 7pt"><B>Level 3</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Assets</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">102,662</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">63,742</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Restricted cash</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">6,072</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">6,403</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Trade accounts receivable</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">195,882</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">148,784</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>Total assets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>304,616</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>218,929</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt; color: #7030A0"><B>Liabilities</B></FONT></TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Loans and financing</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">116,927</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">87,796</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Trade and other payables</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">437,435</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">353,998</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;38,599 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;&nbsp;38,599 </FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt">Liabilities from acquisition</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">280,744</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">292,152</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 7pt"><B>&nbsp;Total liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>835,106</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;38,599 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>&nbsp;&nbsp;38,599 </B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: white 1pt solid; padding: 0.75pt 5.75pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>733,946</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 7pt"><B>-</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 26%">&nbsp;</TD>
    <TD STYLE="width: 8%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    </TR>
  </TABLE>

<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 12pt Nunito Sans; margin: 0"><FONT STYLE="font-style: normal"><B>22.1.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level
3 measurement </B></FONT></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 12pt 0; text-align: justify">The fair value of returns from private placement investments is
determined using unobservable inputs, therefore it is classified at the level 3 of the fair value hierarchy. The main assumptions used
in the measurement of the fair value of the derivative financial instruments of measurement are presented below.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 12pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 17%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt"><FONT STYLE="font-size: 8pt"><B>Type</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 19%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Valuation technique</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 26%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Significant unobservable inputs</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 34%; border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>Inter-relationship between significant unobservable and fair value measurement</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: center"><FONT STYLE="font-size: 8pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-size: 8pt">Black-Scholes model.: The valuation model considered inputs&nbsp;&nbsp;including volatility of the share price, time to expiration,&nbsp;&nbsp;risk-free interest rate</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 5pt; padding-left: 5pt">
    <P STYLE="font: 8pt/105% Nunito Sans; margin: 12pt 0 12pt 13.5pt; text-align: justify">The observable inputs are historical volatility
    for the shares&#8217; historical prices does not represent current market participants' expectations about the future volatility.</P>
    <P STYLE="font: 8pt/105% Nunito Sans; margin: 12pt 0 12pt 0.75in; text-align: right; text-indent: -0.25in">&nbsp;</P>
    <P STYLE="font: 11pt Nunito Sans; margin: 12pt 0; text-align: right">&nbsp;</P></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 5pt; padding-left: 5pt">
    <P STYLE="font: 8pt/105% Nunito Sans; margin: 12pt 0; text-align: justify">The estimated fair value would increase (decrease) if:</P>
    <P STYLE="font: 8pt/105% Nunito Sans; margin: 12pt 0; text-align: justify">The volatility of the Company's market cap or the occurrence
    of a trigger event within 36 months of the investment contract's closing date.</P>
    <P STYLE="font: 11pt Nunito Sans; margin: 12pt 0; text-align: right">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 12pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/105% Nunito Sans; margin: 12pt 0; text-align: justify">Sensitivity analysis of fair value measurements:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; padding-top: 12pt; padding-bottom: 12pt; text-align: right; line-height: 105%"><FONT STYLE="font-size: 10pt; line-height: 105%"><B>September 30, 2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; padding: 1pt 6pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Variable</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: black 1pt solid; padding: 1pt 6pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>DB Value</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 1pt 6pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>+10% Shock</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 1pt 6pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>-10% Shock</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 1pt 6pt; text-align: center"><FONT STYLE="font-size: 9pt"><B>Return (+10%)</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: black 1pt solid; padding: 1pt 6pt">
    <P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: center"><B>Return</B></P>
    <P STYLE="font: 9pt Nunito Sans; margin: 0; text-align: center"><B>(-10%)</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: justify"><FONT STYLE="font-size: 9pt">Volatility of the Asset</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">86.27%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">94.90%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">77.65%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">40,947</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">36,370</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: justify"><FONT STYLE="font-size: 9pt">USD Risk Free</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">4.88%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">5.37%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">4.39%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">38,856</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">38,453</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: justify"><FONT STYLE="font-size: 9pt">USD/BRL Exchange Rate</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">5.45</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">5.99</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">4.90</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">42,573</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 1pt 6pt; text-align: right"><FONT STYLE="font-size: 9pt">34,832</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/105% Nunito Sans; margin: 12pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="image_002.jpg" ALT=""></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Cambria, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>22.2.</B></FONT></TD><TD><FONT STYLE="font-family: Nunito Sans; font-style: normal"><B>Financial risk management</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The main financial risks to which the Company and its subsidiaries are
exposed when conducting their activities are:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 11pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.5pt"></TD><TD STYLE="width: 4.5pt"><B>(a)</B></TD><TD STYLE="text-align: justify"><B>Credit risk</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">It results from any difficulty in collecting the amounts of services
provided to the customers. The Company and its subsidiaries are also subject to credit risk from their interest earning bank deposits.
The credit risk related to the provision of services is minimized by a strict control of the customer base and active delinquency management
by means of clear policies regarding the concession of services. There is no concentration of transactions with customers and the default
level is historically very low. In connection with credit risk relating to financial institutions, the Company and its subsidiaries seek
to diversify such exposure among financial institutions.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify"><B>Credit risk exposure</B></P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The book value of financial assets represents the maximum credit exposure.
The maximum credit risk exposure on financial information date was:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 54%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">102,662</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">63,742</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Restricted cash</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,072</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">6,403</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Trade accounts receivable</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">195,882</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">148,784</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>304,616</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>218,929</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company determines its allowance for expected credit losses by applying
a loss rate calculated on historical effective losses on sales.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Additionally, the Company considers that accounts receivable had a significant
increase in credit risk and provides for:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD STYLE="text-align: justify">All notes receivable past due for more than 180 days;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Noto Sans Symbols">&#9679;</FONT></TD><TD STYLE="text-align: justify">Notes subject to additional credit analysis presenting indicators of significant risks of default based
on ongoing renegotiations, failure indicators or judicial recovery ongoing processes and customers with relevant evidence of cash deteriorating
situation.</TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 9pt"><B>(b)</B></TD><TD STYLE="text-align: justify"><B>Market Risk</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Interest rate and inflation risk: Interest rate risk arises from the
portion of debt and interest earning bank deposits remunerated at CDI (Interbank Deposit Certificate) rate, which may adversely affect
the financial income or expenses in the event an unfavorable change in interest and inflation rates takes place.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 9pt"><B>(c)</B></TD><TD STYLE="text-align: justify"><B>Operations with derivatives</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company uses derivative financial instruments to hedge against the
risk of a trigger event of Bobsin Corp investment agreement being consummated. Therefore, they are not speculative. The derivative financial
instruments designated in hedge operations are initially recognized at fair value on the date on which the derivative contract is executed
and are subsequently remeasured to their fair value. Changes in the fair value of any of these derivative instruments are immediately
recognized in the statement of profit or loss under &#8220;net financial cost&#8221;. As of September 30, 2024, the Company has an obligation
of R$ 38,599 (R$0 on December 31, 2023) registered as derivative financial instruments.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 9pt"><B>(d)</B></TD><TD STYLE="text-align: justify"><B>Liquidity risk </B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The liquidity risk consists of the risk of the Company not having sufficient
funds to settle its financial liabilities. The Company&#8217;s and its subsidiaries&#8217; cash flow and liquidity control are closely
monitored by Company&#8217;s Management, so as to ensure that cash operating generation and previous fund raising, as necessary, are sufficient
to maintain the payment schedule, thus not generating liquidity risk for the Company and its subsidiaries.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">We are committed to and have been taking all the necessary actions that
we consider necessary to enable the Company to obtain the funding to ensure it will continue its regular operations in the next twelve
months, including raising new credit lines and/or issuing new equity, among other alternatives.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">We present below the contractual maturities of financial liabilities
including payment of estimated interest.</P>


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<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt"><B>Non-derivative financial liabilities</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Book value</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Contractual cash flow</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Up to 12 months</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>1&#8211;2 years</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>2&#8211;3 years</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&gt; 3 years</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: justify"><FONT STYLE="font-size: 8pt">Loans, borrowings and debentures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; background-color: white">116,927 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;106,086 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;39,274 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;38,594 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;28,218 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: justify"><FONT STYLE="font-size: 8pt">Trade and other payables</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt; background-color: white">437,435 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;437,435 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;437,435 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 8pt">Liabilities from acquisitions</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">280,744</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;326,315 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;112,250 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;&nbsp;87,486</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;66,099 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;&nbsp;60,480</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: justify"><FONT STYLE="font-size: 8pt">Lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;3,253 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;3,706</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;2,076 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;1,304</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">&nbsp;&nbsp;326 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt; background-color: white">-</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: justify"><FONT STYLE="font-size: 8pt"><B>&nbsp;Total</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>838,359 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;873,542 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;591,035&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;127,384 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;94,643 </B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;&nbsp;60,480 </B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Nunito Sans; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 11pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 9pt"><B>(e)</B></TD><TD><B>Capital management</B></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company's capital management aims to ensure that an adequate credit
rating is maintained, as well as a capital relationship, so as to support Company's business and leverage shareholders' value.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company controls its capital structure by adjusting it to the current
economic conditions. In order to maintain an adjusted structure, the Company may pay dividends, return capital to the shareholders, obtain
funding from new loans, issue promissory notes and contract derivative transactions.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">The Company considers its net debt structure as loans and financing
less cash and cash equivalents. The financial leverage ratios are summarized as follows:</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Nunito Sans; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 51%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>September 30, 2024</B></FONT></TD>
    <TD STYLE="width: 25%; border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>December 31, 2023</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Loans and borrowings</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">116,927</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">87,796</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Cash and cash equivalents </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">(102,662)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;(63,742)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt"><B>Net debt</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>14,265</B></FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt"><B>24,054</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Total equity</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">885,624</FONT></TD>
    <TD STYLE="border-bottom: black 1pt dotted; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">888,810</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt"><FONT STYLE="font-size: 9pt">Net debt/equity (%)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">0.02</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0.75pt 5.75pt; text-align: right"><FONT STYLE="font-size: 9pt">0.03</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>23.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Related Parties </B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">Related parties transactions are carried out under conditions and prices
established by the parties, the intercompany transactions are eliminated in consolidation.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">As of September 30, 2024, the Company has in trade and other payables
R$93,251 (R$89,594 as of December 31, 2023) with shareholder Twilio Inc. related to agreement established between the Company and Twilio
Inc. which establish for the reimbursement of SMS costs. During the nine months period ended September 30, 2024, the Company in profit
or loss the total amount of R$&#9;11,897 (R$10,870 f<FONT STYLE="background-color: white">or the nine months period ended September 30,
2023</FONT>).</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 10pt Nunito Sans; margin: 0"><B>Notes to the unaudited interim condensed consolidated financial statements</B></P><P STYLE="text-align: left; font: 7.5pt Nunito Sans; margin: 0"><B><I>(In thousands of Reais)</I></B></P><P STYLE="font: 7.5pt Nunito Sans; margin: 0">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">As of September 30, 2024, the Company has Reserves Capital R$49,159
(R$0 as of December 31, 2023) with shareholder Cassio Bobsin related to a return on a private placement investment.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Nunito Sans; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 13pt"><B>24.</B></FONT></TD><TD><FONT STYLE="font-size: 13pt"><B>Events after the reporting period</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">On October 09, 2024, Zenvia Brazil entered into an agreement with Banco
BTG Pactual S.A. for a Commercial Notes, in the aggregate amount of R$25,000, establishing an amortization schedule comprised of 18 installments,
six months of grace period and 12 installments of principal.</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Nunito Sans; margin: 0; text-align: justify; color: white">&nbsp;</P>



<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date: November 18, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="width: 35%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zenvia Inc.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 3%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 32%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Cassio Bobsin</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="width: 35%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Cassio Bobsin</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: -10pt; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
