Wiz Co Participações e Corretagem de Seguros (WIZC3) investor relations material

Executive summary

• Q2 consolidated net revenue excluding commissions was BRL 235.3M, down 18.0% YoY; consolidated EBITDA fell 19.2% to BRL 152.8M, while parent net income rose 8.4% to BRL 53.6M.

• H1 consolidated net revenue was BRL 588.9M, down 15.6% YoY; consolidated net income was BRL 156.0M versus BRL 177.2M. Parent-attributable net income was BRL 93.4M versus BRL 96.1M.

• Inter Seguros and Omni1 grew strongly, partly offsetting weaker Insurance and Credit and Consortiums results; net debt fell to BRL 138.7M and leverage to 0.3x.

Financial highlights

• Q2 consolidated revenue was BRL 286.3M versus BRL 358.1M; net revenue excluding commissions was BRL 235.3M, down 18.0% YoY.

• Consolidated net income was BRL 83.3M, down 10.6% YoY; adjusted net income was BRL 101.0M, down 13.5%, with adjusted net margin up 2.2 p.p. to 42.9%.

• Parent EBITDA was BRL 73.5M, down 8.4% YoY; parent net income was BRL 53.6M, up 8.4%.

• H1 consolidated financial expenses fell to BRL 50.5M from BRL 71.3M; net financial result improved to a loss of BRL 18.6M from BRL 40.7M.

• H1 revenue declines reflected lower insurance and consortium/credit revenue, plus BRL 44M less service revenue after Wiz Concept’s exit.

Outlook and guidance

• Payroll-credit adjustments may pressure results through H2; Promotiva showed slight recovery versus Q2 but remained below year-ago levels.

• H2 priorities include rebuilding origination across a broader base, developing private payroll credit and expanding new business initiatives.

• Banrisul and Paraná Banco partnerships are operational; direct consortia sales through Wiz Parceiros are expected to contribute during H2. Management cited cost discipline, deleveraging and confidence in finishing 2026 on track.

• Management expects the payroll-market transition to take time and cited slower-than-expected interest-rate easing, while remaining optimistic about a less restrictive market.