Caixa Seguridade Participações (CXSE3) Company presentation summary

Company overview and structure

• Operates as a holding consolidating insurance, premium bonds, private pension, credit letters, brokerage, and related activities, with exclusive access to Brazil's largest client base and distribution network.

• Maintains a highly profitable, resilient business model with low underwriting risk and robust governance, listed on B3 Novo Mercado with a 20% free float.

• Key partnerships with leading insurers and private partners, operating through verticals in insurance, accumulation, and distribution.

• Exclusive 35-year grant agreement for brand and distribution, renewable until 2050.

• Employs over 44,700 in sales force and 23,900 with recurrent sales, leveraging a vast branch and correspondent network.

Commercial strategy and client base

• Focuses on cross-selling and increasing penetration among 160 million clients, with tailored strategies for individuals and legal entities.

• Implements programs like ALCANCE.CAIXA and gamified sales team initiatives to drive engagement and performance.

• Customer-centric approach enhances the client journey, employee recognition, and product margin expansion.

• Communication and marketing efforts reinforce the brand as a reference for Brazilians.

Business segments and market position

• Leading player in mortgage insurance with 67.9% market share in mortgage credit and 50.8% in mortgage insurance.

• Third largest in private pension, with strong growth in reserves and recurring revenues.

• Brokerage business generates 40.9% of revenues, with low capital requirements and no underwriting risk.

• Diversified portfolio across insurance, accumulation, and distribution, with significant cross-sell opportunities.