AGI (AGBK) Registration Filing summary

Company overview and business model

• Leading technology-powered financial services provider in Brazil, focused on underserved individuals, including social security beneficiaries and workers.

• Operates a unique hybrid model combining digital platforms and 1,101 asset-light Smart Hubs for in-person service.

• Offers a suite of secured lending, banking, credit, and insurance products tailored to less tech-savvy, lower-income clients.

• Accredited by INSS to process social security and government benefit deposits, creating a high barrier to entry.

• Emphasizes customer education, digital adoption, and high-touch onboarding, with 88% digital channel adoption within 30 days.

Financial performance and metrics

• As of September 30, 2025: 6.4 million active clients, R$34.5bn credit portfolio, R$7.7bn revenue, R$831.7m net income.

• 2024–2025 revenue grew 50.3% YoY; net income up 39.3% YoY for 9M25; ROAE at 39.1% for 9M25.

• 86.2% of credit portfolio is secured, with a 2.6% NPL and 5.3% credit loss allowance ratio as of 9M25.

• Customer acquisition cost (CAC) dropped to R$65 per customer in 9M25; LTV/CAC ratio >20x in 2024.

• Efficiency ratio improved to 41.5% in 9M25 from 59.3% in 2022.

Use of proceeds and capital allocation

• Net proceeds from the IPO will be used for general corporate purposes and potentially for acquisitions or investments in businesses, products, or technologies.

• No current agreements or commitments for material acquisitions or investments.