Earnings release
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EARNINGS 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. CARLOS Broker 30 Years with Porto AN ECOSYSTEM BASED ON CARE When we expand and diversify our activities , we create new avenues to take care of what truly matters . The constant pursuit of understanding people's real needs is what drives our ability to innovate . The results we share below reflect this ongoing dedication . ► Porto
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2 Message from CEO Management Analysis and Result for the Period Auto P&C Life Summary and Income Statement – Insurance Summary and Income Statement – Healthcare Financial Solutions for Credit Consortium Financial Solutions for Rentals, Guarantee, and Pension Plan Summary and Income Statement – Bank Porto Seguro Vertical Porto Saúde Vertical Porto Bank Vertical Summary and Income Statement – Services Financial result Investment, Capital Adequacy and Projections Operating Highlights Financial Statements ESG – Environmental, Social and Governance Factors Porto Group Strengthening Appendix Porto Serviço Vertical Market Indicators Contents 03 06 07 09 10 11 12 13 16 17 19 22 22 24 25 27 29 31 32 33 34 41 42 43 Earnings Release 2Q26
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3 Recurring Net Income¹ of R$ 889 million and ROAE of 22% The second quarter of 2026 reaffirmed the solidity and delivery capacity of Porto Group. Total revenues 2 reached R$ 11 billion, accounting for an increase of 11% compared to the same period of the previous year. Income totaled R$ 889 million (+1% vs. 2Q25), while ROAE remained above 20% for the eighth consecutive quarter. This consistency highlights the robustness of our diversified business model, which allows us to navigate through different market cycles while maintaining profitability, at the same time as we remain steadfast in the path of strengthening each of our verticals. Performance of Vertical, compared to 2Q25: Porto Bank: revenue 2 grew 17%, reaching R$ 1.9 billion, driven by growth in Consortium 2 (+29%); Card, Loans and Financing (+16%); Premium Bonds (+16%) and; Financial Risks (+14%). Credit losses totaled R$ 868 million (+67%), due to a more adverse credit cycle in the market and a more conservative risk management approach, resulting in higher provision. The efficiency ratio improved 4.0 p.p., reaching 25.4%, a result aligned with our efficiency improvement goals and balanced with the necessary investments to sustain the expansion of the digital ecosystem. Net income reached R$ 138 million (-32%). Porto Saúde: revenue grew 14%, reaching R$ 2.3 billion. The growth was driven by a 20% increase in health insurance members, reaching 904 thousand, and a 16% in dental lives, reaching 1.3 million. The loss ratio was 76.9%, representing an improvement of 0.4 p.p., a level that reflects our virtual verticalization strategy, with the Porto Medical Team, Strategic Partnerships, new products, and actions to combat fraud. Income in the period was R$ 144 million (+36%). Porto Seguro: revenues and premiums accelerated, totaling R$ 5.9 billion (+8%), driven by double-digit growth in the P&C segment (+12%) and 8% in the Auto segment. In the Life segment, the increase in premiums was 6%. The amplified combined ratio reached 85%—an improvement of 0.4 p.p.—explained by a 1.4 p.p. decrease in the loss ratio (49%). As a result, net income for the period reached R$ 456 million (+5%). ROAE remained above the 30% level for the fifth consecutive quarter, reaching 33% in 2Q26. Our Message 1Adjusted by the cash benefit of income tax reduction f rom the amortization of goodwill of CDF in the amount of R$ 9.2 million. 2Excluding the effects of the new revenue and cost defer ral model for the Consortium, now applied by group and quota. Earnings Release 2Q26 Paulo Kakinoff Porto Group’s CEO
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4 Porto Serviço: Porto Serviço recorded R$ 659 million in revenue (+6%), driven by the Strategic Partnerships segment, which grew 8.2% (vs. 2Q25). The quarterly result was R$ 50 million (11%). We maintained our focus on structuring and expanding strategic partnerships, surpassing 70 partners in total, reinforcing our goal of promoting greater diversification in the areas of operation. The financial result was R$ 387 million in the quarter (3%). Revenue from the financial investment portfolio (ex-pension plan and ALM), managed by the Treasury, was R$ 475 million, which accounts for 90% of CDI. The 2Q26 results were mostly impacted by the allocation in equities, despite the better performance compared to IBOV. The operating efficiency ratio¹, which considers the sum of Administrative Expenses in relation to Total Revenue, reached 10.6%, accounting for an improvement of 0.5 p.p. in the quarter, aligned with our efforts to generate efficiency gains. The quarter also brought us the significant achievement of being the strongest brand in Brazil and Latin America, according to the ranking of the British consulting firm Brand Finance. Our apps have reached the milestone of 5.6 million users. The digitization process is a strategic movement that aligns Porto's Care essence with the creation of increasingly friendly, fluid, and suitable journeys for contemporary reality. Among our 19 mil lion customers, we had over 180 million digital interactions and services in 2Q26, with end to end resolution of over 73% of requests via WhatsApp. Digital service contributes to keeping our NPS levels at excellence. The closing of 2Q26 reflects how our diversification strategy, based on the real care needs of people, is able to make us grow consistently, innovate, and absorb scenario changes. Our sincerest thanks to all who build this journey with us. Paulo Kakinoff ¹Excluding the effects of the new revenue and cost defe rral model for the Consortium, now applied by group and quota. Earnings Release 2Q26 Our Message
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5 ¹Excluding the effects of the new revenue and cost defe rral model for the Consortium, now applied by group and quota. ² Adjusted by: i) reversal of deferred tax of -R$ 1 85 million arising from the merger of ISAR, and ii) + R$ 9.2 million cash benefit from income tax reducti on due to the amortization of goodwill of CDF. Earnings Release 2Q26 2Q26 19 M Customers (Jun/26) 7% YoY R$ 11 B In total revenue 1 (2Q26) + 11% YoY R$ 889 M Recurring Result 2 (2Q26) + 1% YoY 22.3 % Recurring ROAE 2 (2Q26) -2.3 p.p. YoY Highlights
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6 Management Analysis and Result for the Period - 2Q26 (a) Excluding the effects of the improvement in the C onsortium’s revenue and cost deferral method, Total Revenue would be R$ 11.0 billion in 2Q26 (+11% vs. 2Q25) and R$ 21.6 billion in 1S26 (+10% VS. 1S25). (b) Credit Losses from Credit Card, Loans and Financ ing and Financial Risks' operations. (c) Accounting results are impacted by the adoption of the IFRS 17/CPC 50 standard, bringing changes to accounting practices, affecting insurance results. For management results purposes, insurance results remain accounted for according to the IFRS 4/CPC 11 accounting standard, in accordance with SUSEP standards. (d) Adjusted by: i) from 4Q25 onwards, the cash bene fit resulting from income tax reduction due to amortization of goodwill of CDF; and ii) In 1Q26, there was a reversal of deferred tax of R$ 185 million arising from the merger of ISAR. (e) Without adjustment, including the effects of the improvement in the Consortium’s revenue and cost deferral method, the operational Efficiency ratio was 10.6% in 2Q26 (-0.5 p.p. vs. 2Q25) and 10.8% in 1S26 (-0.3 p.p. vs. 1S25). Earnings Release 2Q26 Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Porto Seguro S.A.'s Income Statement 9.6 19,608.8 21,487.1 3.0 10,583.9 10.4 9,879.7 10,903.2 Total Revenue (Retained Premium + Other Revenues) (a) 9.1 14,760.1 16,097.5 3.3 7,917.9 10.1 7,428.1 8,179.6 Retained Premium 7.6 14,568.6 15,673.3 2.4 7,743.7 6.9 7,417.8 7,929.6 Earned Premium (insurance and healthcare vertical) 11.2 4,848.6 5,389.6 2.2 2,666.0 11.1 2,451.5 2,723.6 Non-insurance revenues (a) 5.3 (8,424.3) (8,871.3) 4.1 (4,347.5) 5.7 (4,278.0) (4,523.8) Retained Net Claims 55.7 (1,023.3) (1,593.0) 19.5 (725.8) 66.7 (520.2) (867.2) Credit losses (b) 9.6 (3,499.9) (3,834.6) 6.8 (1,854.1) 10.8 (1,788.2) (1,980.5) Commission (3.1) (673.3) (652.8) 4.4 (319.4) (3.3) (344.9) (333.4) Tax Expenses 2.7 (1,357.4) (1,394.7) (2.9) (707.7) 0.4 (684.3) (687.0) Operating Expenses 7.8 (2,172.8) (2,341.9) (0.9) (1,176.2) 6.3 (1,096.6) (1,165.7) Administrative Expenses 4.8 2,266.3 2,374.6 (14.3) 1,279.1 (5.3) 1,157.3 1,095.5 Operating Income (8.5) 758.6 694.0 26.2 306.9 3.0 376.0 387.1 Financial Results (1.7) (22.1) (21.7) (0.0) (10.8) 0.1 (10.8) (10.8) Amortization of Intangible Assets 1.5 3,002.9 3,046.9 (6.6) 1,575.1 (3.3) 1,522.5 1,471.8 EBIT (29.5) (738.5) (520.8) 88.9 (180.3) (2.6) (349.7) (340.5)Income Tax and Social Contribution (0.41) (550.3) (548.1) 7.4 (264.3) (2.84) (292.1) (283.8)Profit Sharing (40.3) (24.8) (14.8) (5.3) (7.6) (38.2) (11.7) (7.2) Non-controlling shareholders in subsidiaries - (0.1) 14.6 (97.8) 14.3 - 0.0 0.3 Result from investee companies and subsidiaries 17.1 1,689.1 1,977.9 (26.1) 1,137.2 (3.3) 869.1 840.6 Net Income (Ex-adoption of IFRS 17) 67.7 21.2 35.6 - (3.2) 333.0 9.0 38.8 IFRS17 adjustment (c) 17.7 1,710.3 2,013.4 (22.5) 1,134.0 0.2 878.1 879.4 Net Income -9.3 30.1% 20.8% 14.9 13.8% 0.2 28.4% 28.7% Effective Income Tax over Net Income (before tax) a nd after Profit Sharing 11.7 14,266.5 15,933.8 1.9 15,638.5 11.7 14,266.5 15,933.8 Average Shareholders’ Equity 1.3 24.0% 25.3% -6.9 29.0% -2.5 24.6% 22.1% ROAE Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Extraordinary Events 17.7 1,710.3 2,013.4 (22.5) 1,134.0 0.2 878.1 879.4 Net Income for the Period - - (166.7) (105.2) (175.8) - - 9.2 Incorporation and Amortization of Intangible Assets (d) 8.0 1,710.3 1,846.7 (7.3) 958.2 1.2 878.1 888.6 Recurring Net Income Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Operating Efficiency 7.8 (2,172.8) (2,341.9) -0.9 (1,176.2) 6.3 (1,096.6) (1,165.7) Administrative Expenses 9.6 19,608.8 21,487.1 3.0 10,583.9 10.4 9,879.7 10,903.2 Total Revenue (Retained Premium + Other Revenues) (a) -0.2 11.1% 10.9% -0.4 11.1% -0.4 11.1% 10.7% Operating Efficiency Ratio (e) Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Insurance Vertical Result and ROAE 23.4 747.8 922.9 (2.4) 467.1 4.9 434.4 455.8 Net Income (R$ million) Insurance 6.5 26.8% 33.3% -0.9 33.8% 1.8 31.1% 32.9% ROAE % Insurance Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Healthcare Vertical Result and ROAE 26.1 285.1 359.6 (33.3) 215.7 36.4 105.5 143.9 Net Income (R$ million) Health care -0.2 30.2% 30.0% -12.4 36.5% 1.6 22.4% 24.0% ROAE % Healthcare Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Bank Vertical Result and ROAE (11.8) 396.2 349.3 (34.8) 211.5 (32.5) 204.1 137.8 Net Income (R$ million) Bank -6.0 26.8% 20.7% -8.4 24.8% -11.2 27.6% 16.3% ROAE % Bank Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Service Vertical Result and ROAE 4.5 98.7 103.2 (5.3) 53.0 11.2 45.1 50.2 Net Income (R$ million) Services 2.7 23.5% 26.1% 2.6 22.8% 4.0 21.5% 25.4% ROAE % Services Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Income - Parent Company and Others 52.6 182.5 278.5 (50.9) 186.8 3.2 89.0 91.8 Net Income (R$ million) - Parent Company and Others Δ% / p.p. 1S25 1S26 Δ% / p.p. 1Q26 Δ% / p.p. 2Q25 2Q26 Result and Consolidated ROAE 17.7 1,710.3 2,013.4 (22.5) 1,134.0 0.2 878.1 879.4 Net Income (R$ million) Porto Seguro S.A. 1.3 24.0% 25.3% -6.9 29.0% -2.5 24.6% 22.1% ROAE % Porto Seguro S.A.
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7 PORTO SEGURO EARNINGS RELEASE 2Q26 EARNINGS RELEASE PORTO SEGURO S.A.
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8 434.4 450.9 459.1 467.1 455.8 31.1% 32.2% 32.3% 33.8% 32.9% 2Q25 3Q25 4Q25 1Q26 2Q26 (1) Total revenue comprises retained premiums + revenues. 50,4% 51,6% 51,4% 51,1% 49,1% 24,5% 24,2% 24,8% 24,8% 25,8% 10,1% 9,9% 10,5% 10,0% 10,1% 2,9% 2,8% 2,2% 1,8% 2,7% 1.1% 2Q25 1.2% 3Q25 0.6% 4Q25 1.0% 1Q26 1.2% 2Q26 O.E. (%) Taxes (%) G&A (%) Commission (%) Loss Ratio (%) 5.43 5.66 5.79 5.71 5.89 16.51 16.75 17.17 17.89 17.78 2Q25 3Q25 4Q25 1Q26 2Q26 Total Revenue (R$ billion) Current Items/Lives (millio n) 89.1% 89.6% 89.5% 88.7% 88.9% Combined Ratio (%) 85.7% 85.3% 85.3% 85.1% 85.3% Amplified Combined Ratio (%) Net Income (R$ million) ROAE (% p.a.) The result of Porto Seguro Vertical in the second quarter of 2026 was R$ 455.8 million (+4.9% vs. 2Q25), while the ROAE remained above 30% for the fifth consecutive quarter, reaching 32.9% in the period (+1.8 p.p. vs. 2Q25). The combined ratio reached 88.9% in the quarter (-0.2 p.p. vs. 2Q25), highlighting a 1.4 p.p. improvement in the loss ratio, partially offset by a 1.3 p.p. increase in commission. Porto Seguro continued expanding its operations through more segmented offerings, delivering high ratios of profitability and customer satisfaction. Over the past year, we have expanded the portfolio, from entry-level products to the most premium lines. In addition to the launch of automobile and motorcycle products at Azul, the company's entry-level brand, Porto has strengthened its presence in the Premium and Private segments, offering new coverage options for this segment. We have made progress in the cross-selling front, offering car, home, and cell phone insurance in bundled deals. In addition to the growth with individual customers, the company advanced its operations in the corporate segment, with offerings tailored to the clients' needs, thus progressing in sales and market share in the segment. The company continues to innovate with the expansion of "15 Minutes," a program that guarantees the arrival of automobile assistance within 15 minutes between 10:00 p.m. and 5:00 a.m. for Porto customers. Launched at the end of 2025 in the São Paulo Metropolitan Region, the program was expanded to six new locations this year. Furthermore, we made significant advances in digital through smoother shopping journeys, which increase both client satisfaction and operational efficiency. The NPS was above 80 points in the Auto insurance of the Porto and Azul brands and in the Homeowner insurance of the Porto brand, during which we maintained the Administrative Expenses (D.A.) ratio stable (vs. 2Q25) at 10.1% in 2Q26. In the quarter, we added 1.3 million items/lives at Porto Seguro Vertical, reaching 17.8 million (+7.7% vs. 2Q25), with emphasis on the increase of 935 thousand people in Life Insurance (+17.0% vs. 2Q25), 230 thousand items in P&C Insurance (+5.2% vs. 2Q25), and 93 thousand vehicles in Auto Insurance (+1.5% vs. 2Q25). 17.8 M items/lives (+7.7% and +1.3 M YoY) Main Highlights R$ 5.9 B in total revenue 1 (2Q26) +8.5% YoY Result of R$ 455.8 M (2Q26) +4.9% YoY ROAE of 32.9% (2Q26) +1.8 p.p. YoY Combined Ratio Net Income and Profitability Earnings Release 2Q26
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9(1) Market data for the accumulated period from January to May 2026. Source: SUSEP/Porto Seguro. 3.91 4.07 4.17 4.10 4.22 6.20 6.21 6.23 6.35 6.30 2Q25 3Q25 4Q25 1Q26 2Q26 Written Premium (R$ billion) Insured Fleet (million) 2Q25 3Q25 4Q25 1Q26 2Q26 58.5% 58.2% 57.7% 58.5% 56.7% -1.8 p.p. In 2Q26, written premiums for Auto Insurance reached R$ 4.2 billion, an increase of 7.9% (vs. 2Q25), while the insured fleet reached 6.3 million vehicles, an increase of 93 thousand items (+1.5% vs. 2Q25). In addition to the developments in the product portfolio, we maintained our focus on the technological evolution of the automobile, with continuous improvement of our systems for the client and broker. The single platform allows more convenience for the broker in offering the auto portfolio to several client segments, as well as contributing to the capture of operational efficiencies through the integration of our brands. On the analytical fronts, we continue leveraging the company's scale to advance in the disciplines of pricing, subscription, and claims. In addition to constantly improving the models, we maintain discipline in pricing to preserve our margins. In the claims sector, the advanced use of data and technology has been essential to bring increasing fluidity to the journey of clients and brokers. The Auto loss ratio reached 56.7% in the quarter, an improvement of 1.8 p.p. compared to the second quarter of 2025, resulting from our discipline in pricing and the reduction in claim frequencies. ∆ YoY p.p. % Loss Ratio ∆ YoY p.p. % Market ∆ YoY %Premium (R$ B) Company -1.5 p.p. 58.2% -0.6 p.p. 27.1% +3.4% 6.89 Porto Seguro Group -0.7 p.p. 60.0% -0.5 p.p. 17.2% +2.8% 4.36 2nd Largest +3.1 p.p. 61.1% +0.7 p.p. 14.4% +11.0% 3.66 3rd Largest +2.0 p.p. 66.2% +0.5 p.p. 13.6% +10.1% 3.45 4th Largest +0.7 p.p. 59.4% -0.5 p.p. 11.0% +1.6% 2.80 5th Largest +1.7 p.p. 61.8% - -+6.8% 18.51 Total Market (ex - Porto) 6.3M vehicles (Jun/26) +1.5 YoY Auto R$ 4.2 B in written premium (2Q26) +7.9% YoY • 7.9% growth in premiums (vs. 2Q25) • Market Share of 27.1% in 5M26¹ • 6.3 million vehicles in the fleet in 2Q26 (+93 thousand vs. 2Q25) • Loss ratio 56.7% in 2Q26; improvement of 1.8 p.p. (vs. 2Q25) Written Premium and Insured Fleet Loss Ratio Market View (5M26 1) Earnings Release 2Q26
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10 874 939 1.015 955 982 4.44 4.43 4.51 4.61 4.67 2Q25 3Q25 4Q25 1Q26 2Q26 Written Premium (R$ million) Items Insured (million) 2Q25 3Q25 4Q25 1Q26 2Q26 25.2% 30.7% 34.6% 31.4% 28.0% +2.9 p.p. Property Insurance grew 12.4% compared to 2Q25, with highlights including an 11.8% expansion in Homeowner and 8.7% in Commercial segments. In Homeowner and Commercial segments, we maintained consolidated leadership with gains of 0.8 p.p. and 1.3 p.p. in market share, respectively. This progress is enhanced by new initiatives in the Homeowner sector, such as Combined Protection at Azul and the strengthening of the Premium and Private segments, ensuring coverage across different client profiles. The total loss ratio of P&C products was 28.0% in 2Q26 (+2.9 p.p. vs. 2Q25), remaining at levels considered healthy by the Company. Homeowner Commercial (1) Market data for the accumulated period from January to May 2026. Source: SUSEP/Porto Seguro. ∆ YoY p.p. % Loss Ratio ∆ YoY p.p. % Market ∆ YoY % Premium (R$ M) Company -8.2 p.p. 25.4% +1.3 p.p. 26.2% +7.6% 507.8 Porto Seguro Group +0.7 p.p. 45.2% +2.1 p.p. 10.1% +29.7% 195.9 2nd Largest +27.9 p.p. 66.6% +1.0 p.p. 9.2% +14.4% 177.7 3rd Largest -13.5 p.p. 25.9% -0.2 p.p. 7.3% -1.1% 141.5 4th Largest -16.5 p.p. 36.4% -0.2 p.p. 7.2% -1.1% 139.8 5th Largest -0.4 p.p. 40.7% - - +0.5% 1,427.4 Total Market (ex - Porto) ∆ YoY p.p. % Loss Ratio ∆ YoY p.p. % Market ∆ YoY % Premium (R$ M) Company -1.8 p.p. 33.5% +0.8 p.p. 22.1% +12.7% 623.4 Porto Seguro Group -1.6 p.p. 14.7% -0.8 p.p. 16.2% +3.2% 458.5 2nd Largest -5.4 p.p. 14.2% -1.3 p.p. 14.9% -0.3% 420.7 3rd Largest -1.8 p.p. 21.0% +0.4p.p. 9.0% +13.8% 255.4 4th Largest -5.5 p.p. 41.1% +0.8 p.p. 8.3% +19.5% 233.5 5th Largest -1.1 p.p. 24.7% - - +7.3% 2,198.9 Total Market (ex - Porto) R$ 982 M in written premium (2Q26) +12.4 YoY P&C 4.7 B of items (Jun/26) +5.2% YoY • Written Premium of R$ 982 million in premiums in the quarter (+12.4% vs. 2Q25) • 26.2% Market Share in Commercial (+1.3 p.p.) • 22.1% Market Share in Homeowner (+0.8 p.p.) • 4.7 million items (+5.2% vs. 2Q25) Written Premium and Items Insured Loss Ratio Market View (5M26 1) Earnings Release 2Q26
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11 32.2% 39.5% 37.1% 34.9% 33.0% 2Q25 3Q25 4Q25 1Q26 2Q26 480 480 457 484 508 5.51 5.76 6.08 6.57 6.45 2Q25 3Q25 4Q25 1Q26 2Q26 Written Premium (R$ million) Lives Insured (million) The loss ratio for Life insurance reached 33.0% in 2Q26, an increase of 0.8 p.p. (vs. 2Q25), remaining within levels considered healthy by the Company. The Life segment recorded an increase of 935 thousand people (+17.0% vs. 2Q25), reaching 6.4 million insured lives. Regarding Life premiums, there was an increase of 5.8%, mainly driven by the performance of Credit Life and Group Life. In Credit Life, quarterly premiums grew above the market¹ (+18.4% vs. 2Q25), driven by commercial actions that expanded the base of partners and enhanced the advancement in cross-selling through the Consortium and Credit products of the Porto Ecosystem. In Group Life, the expansion was +10.7% (vs. 2Q25), ratifying the growth strategy in the Small and Medium Enterprises segment, with emphasis on the increase in cross-selling with the Verticals. ∆ YoY p.p. % Loss Ratio ∆ YoY p.p. % Market ∆ YoY %Premium (R$ B) Company +3.4 p.p. 36.7% -0.7 p.p. 16.3% +5.9% 5.55 1st Largest +2.7 p.p. 51.8% +0.4 p.p. 9.9% +15.2% 3.39 2nd Largest -1.7 p.p. 18.2% +1.1 p.p. 9.3% +25.0% 3.15 3rd Largest -0.3 p.p. 19.8% +0.7 p.p. 8.9% +20.5% 3.02 4th Largest -1.4 p.p. 32.0% +0.1 p.p. 7.1% +12.5% 2.42 5th Largest -0.8 p.p. 36.2% 0.0 p.p. 2.4% +9.4% 0.83 Porto Seguro Group (11 th largest) -1.1 p.p. 27.7% - - +10.8% 34.0 Total Market 6.4 M Lives (Jun/26) +17.0% YoY Life R$ 508 M in Life Premiums (2Q26) +5.8% YoY • Increase of 934.8K lives (vs. 2Q25) • 5.8% growth in Life premiums (vs. 2Q25) • Life loss ratio of 33.0% (+0.8 p.p. vs. 2Q25) Written Premium and Insured Lives Loss Ratio - Life Market View (5M26 2) (1) Data from Credit Life segment accrued from April to May based on SUSEP, lines 977 and 1377. (2) Market data for Group Life, Individual, Credit Life, andTravel for the accumulated period from January to May 2026. Source: SUSEP/Porto Seguro. Earnings Release 2Q26
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12 Financial and Operational Summary and I/S Managerial Income Statement Earnings Release 2Q26 Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Auto - Consolidated 5.4% 7,896.9 8,321.6 2.9% 4,100.6 7.9% 3,911.7 4,220.9 Written Premium (R$ million) 2.0% 7,856.5 8,012.9 1.8% 3,971.2 1.7% 3,973.6 4,041.7 Earned Premium (R$ million) -1.7 59.3% 57.6% -1.8 58.5% -1.8 58.5% 56.7% Loss Ratio (%) - Chg. (p.p.) 1.5% 6,203.0 6,296.3 -0.8% 6,348.9 1.5% 6,203.0 6,296.3 Insured Fleet (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 P&C 12.9% 1,715.4 1,937.4 2.9% 955.0 12.4% 873.6 982.4 Written Premium (R$ million) 12.8% 1,614.9 1,822.1 4.7% 890.3 12.6% 827.3 931.8 Earned Premiums (R$ million) -0.5 30.2% 29.7% -3.3 31.4% 2.9 25.2% 28.0% Loss Ratio (%) - Chg. (p.p.) 5.2% 4,439.6 4,669.9 1.2% 4,613.5 5.2% 4,439.6 4,669.9 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Life 8.9% 911.2 992.0 4.9% 484.0 5.8% 480.0 507.9 Written Premium (R$ million) 11.0% 850.3 944.1 2.3% 466.8 11.6% 427.9 477.4 Earned Premiums (R$ million) -1.7 35.6% 33.9% -1.8 34.9% 0.8 32.2% 33.0% Loss Ratio (%) - Chg. (p.p.) 17.0% 5,511.8 6,446.6 -1.9% 6,568.7 17.0% 5,511.8 6,446.6 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Uruguay Seguros 7.6% 376.4 404.9 -13.0% 216.5 1.8% 185.1 188.4 Written Premium (R$ million) 8.5% 358.5 388.9 -1.9% 196.3 4.5% 184.3 192.6 Earned Premium (R$ million) -2.0 31.4% 29.4% 1.4 28.7% -2.6 32.7% 30.1% Loss Ratio (%) - Chg. (p.p.) 11.5% 20.7 23.1 8.2% 11.1 17.5% 10.2 12.0 Service Revenue (R$ million) 2.8% 350.1 360.0 2.8% 350.3 2.8% 350.1 360.0 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Other Insurance -29.9% 5.9 4.2 -1.3% 2.1 -27.4% 2.9 2.1 Revenues/Premiums (R$ million) Coinsurance, Trackers and Run Off (RCO and Others -Azul) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Reinsurance -2.2% -88.5 -86.5 -59.8% -61.7 -25.9% -33.5 -24.8 Reinsurance (R$ million) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Total Porto Seguro 7.0% 10,838.2 11,596.5 3.2% 5,707.7 8.5% 5,430.0 5,888.9 Total Revenue (Retained Premium + Revenues) 23.4% 747.8 922.9 -2.4% 467.1 4.9% 434.4 455.8 Net Income (R$ million) 6.5 26.8% 33.3% -0.9 33.8% 1.8 31.1% 32.9% ROAE (%) - Chg. (p.p.) ∆% 1S25 1S26 ∆% 1Q26 ∆% 2Q25 2Q26 Porto Seguro Income Statement 7.0 10,838.2 11,596.54 3.2 5,707.7 8.5 5,430.0 5,888.9 Total Revenue (Retained Premiums + Revenues) 7.0 10,811.5 11,569.3 3.2 5,694.5 8.5 5,416.9 5,874.8 Retained Premium 4.6 10,680.2 11,168.1 2.2 5,524.6 4.3 5,413.1 5,643.5 Earned Premium 2.3 26.6 27.3 6.7 13.2 7.7 13.1 14.1 Revenues 0.7 (5,553.5) (5,589.9) (1.9) (2,821.2) 1.4 (2,729.6) (2,768.7) Retained Net Claims 8.8 (2,600.5) (2,828.8) 6.1 (1,372.6) 10.6 (1,316.2) (1,456.2) Commission (9.7) (156.3) (141.1) 24.4 (62.9) 14.6 (68.3) (78.2) Operating Expenses (15.6) (293.8) (248.0) 54.9 (97.3) (3.1) (155.5) (150.7) Tax Expenses 1.8 (1,113.5) (1,134.0) 2.9 (559.0) 3.9 (553.3) (575.0)Administrative Expenses 26.7 989.3 1,253.7 0.7 624.8 4.2 603.3 628.9 Operating Result 14.6 411.1 471.2 0.6 234.9 8.8 217.1 236.3 Financial result - (6.3) (6.3) - (3.2) - (3.2) (3.2) Amortization of Intangible Assets 23.3 1,394.1 1,718.5 0.6 856.5 5.5 817.3 862.0 Results before Tax 24.7 (423.6) (528.3) 7.7 (254.3) 8.1 (253.6) (274.0) Income Tax and Social Contribution 22.6 970.5 1,190.2 (2.4) 602.2 4.3 563.7 587.9 Net Income before Participation 20.1 (222.9) (267.8) (2.5) (135.6) 1.8 (129.9) (132.2) Shareholding 326.2 0.1 0.5 (98.3) 0.5 (98.4) 0.5 0.0 Result from Investee Companies 23.4 747.8 922.9 (2.4) 467.1 4.9 434.4 455.8 Net Income 6.5 26.8% 33.3% -0.9 33.8% 1.8 31.1% 32.9% ROAE (%) - Chg. (p.p.) -2.0 90.8% 88.8% 0.2 88.7% -0.2 89.1% 88.9% Combined Ratio (%) - Chg. (p.p.) -2.2 87.5% 85.2% 0.2 85.1% -0.4 85.7% 85.3% Amplified Combined Ratio (%) - Chg. (p.p.) 7.0 5,967.7 6,385.2 3.6 6,162.7 7.0 5,967.7 6,385.2 Basis - Financial investments
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13 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. PORTO SAÚDE EARNINGS RELEASE LEONARDO Porto Saúde Medical Team 7 Years with Porto
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14 606 641 675 702 751 784 831 858 904 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 +20.3% +5.3% Members - Health (thousand) 879 946 995 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 1,267 1,032 1,091 1,138 1,184 1,211 +16.1% +4.6% Members - Dental (thousand) 2Q25 3Q25 4Q25 1Q26 2Q26 2,243 1,954 2,091 2,172 2,156 +14.8% +4.0% 2Q25 3Q25 4Q25 1Q26 2Q26 2,343 2,048 2,190 2,286 2,261 +14.4% +3.7% Porto Saúde (R$ million) Health Insurance (R$ million) R$ 2.3 B in revenues in 2Q26 (+14.4% vs. 2Q25) Members and Revenues 904k Lives +153k lives in Health Insurance R$ 143.9 M net income in 2Q26 (+36.4% vs. 2Q25) 24.0% ROAE (+1.6 p.p. vs. 2Q25) • Reaching 904k lives in health insurance • Revenues and Premiums increased R$ 295.6 M, +14.4% (vs. 2Q25) • The loss ratio for health + dental in 2Q25 improved by 0.4 p.p. (vs. 2Q25) • Net income of R$ 143.9 million (+36.4% vs. 2Q25) and R$ 359.6 million in 1H26 • ROAE of 24.0% in 2Q26 (+1.6 p.p. vs. 2Q25) Health Insurance reached 904 thousand members, maintaining a series of 23 consecutive quarters of growth. We increased 153K lives compared to 2Q25 and + 46K lives compared to the previous quarter. The Dental Insurance reached 1,267K lives, increasing by 176K lives compared to 2Q25 and 56 K compared to the immediately previous quarter. Members Porto Saúde’s revenues grew R$ 295.6 million (+14.4% vs. 2Q25), reaching R$ 2.3 billion in the quarter. Revenues Earnings Release 2Q26
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15 The loss ratio of Health Insurance + Dental Insurance was at 76.9% (-0.4 p.p. vs 2Q25). The Health Insurance loss ratio was at 77.9% (-0.4 p.p. compared to 2Q25), once again reinforcing the effects of our virtual verticalization strategy, with the Porto Medical Team, Partnerships, new products and actions to combat fraud. We reinforce the operational efficiency observed in the loss ratio -0.4 p.p (vs. 2Q25), reflecting the health of our portfolio. Net income reached R$ 143.9 million in 2Q26 (+36.4% vs. 2Q25). The positive profitability resulted in a ROAE of 24.0% for the quarter (+1.6 p.p. vs. 2Q25) and in the improvement of Porto Saúde's combined ratio by 0.6 p.p. (vs. 2Q25). Loss ratio and Results Loss Ratio Combined ratio Net income and Profitability 2Q25 3Q25 1.2% 4Q25 1Q26 2Q26 1.0% 77.3% 7.3% 1.0% 4.6% 77.3% 7.7% 1.0% 1.4% 4.6% 73.5% 7.9% 4.9% 68.9% 7.9% 1.4% 1.1% 5.5% 76.9% 8.1% 1.0% 1.0% 5.0% 2.4% Taxes (%) O.E. (%) G&A (%) Commission (%) Loss Ratio (%) 92.6% 92.0% 88.5% 84.9% 92.0% Combined Ratio (%) 90.6% 89.2% 85.9% 81.9% 88.6% Amplified Combined Ratio (%) 22.4% 2Q25 25.7% 3Q25 32.7% 4Q25 36.5% 1Q26 24.0% 2Q26 105.5 126.3 169.7 215.7 143.9 Result (R$ million) ROAE (% p.a.) 2Q25 3Q25 4Q25 1Q26 2Q26 78.4% 78.3% 74.9% 70.0% 77.9% -0.4 p.p. 2Q25 3Q25 4Q25 1Q26 2Q26 77.3% 77.3% 73.5% 68.9% 76.9% -0.4 p.p. Health Insurance + Dental Insurance Health Insurance Earnings Release 2Q26
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16 (1) In 2026, Porto Saúde’s financial results will have remuneration based on the position of financial investment assets. Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Health Insurance 15.0% 3,825.7 4,398.8 4.0% 2,155.9 14.8% 1,953.6 2,242.9 Written Premium (R$ million) 20.3% 751 904 5.3% 858 20.3% 751 904 Members - (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Dental 13.6% 111.3 126.5 -9.1% 66.2 6.9% 56.4 60.2 Written Premium (R$ million) 16.1% 1,091 1,267 4.6% 1,211 16.1% 1,091 1,267 Members - (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Other 4.8% 75.3 78.8 4.0% 38.6 6.5% 37.7 40.2 Revenues (R$ million) -3.9% 145 139 -0.9% 140 -3.9% 145 139 Clients - (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Total Porto Saúde 14.7% 4,012.3 4,604.1 3.7% 2,260.8 14.4% 2,047.8 2,343.3 Revenues (R$ million) 26.1% 285.1 359.6 -33.3% 215.7 36.4% 105.5 143.9 Net Income (R$ million) -0.2 30.2% 30.0% -12.4 36.5% 1.6 22.4% 24.0% ROAE (%) - Chg. (p.p.) 0.2 88.2% 88.5% 7.1 84.9% -0.6 92.6% 92.0% Combined Ratio (%) - Chg. (p.p.) Financial and Operational Summary and I/S Financial and Operational Summary Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Porto Saúde Income Statement 14.7 4,012.3 4,604.1 3.7 2,260.8 14.4 2,047.8 2,343.3 Total Revenue (Retained Premium + Revenues) 14.9 3,937.1 4,525.3 3.6 2,222.1 14.6 2,010.0 2,303.1 Retained Premium 16.1 3,871.8 4,496.4 3.0 2,215.2 14.1 1,999.3 2,281.2 Earned Premium 4.8 75.3 78.8 4.0 38.6 6.5 37.7 40.2 Revenues 15.0 (2,852.1) (3,280.5) 14.8 (1,527.1) 13.5 (1,545.3)(1,753.5) Retained Net Claims 32.7 (271.8) (360.7) 5.7 (175.3) 27.3 (145.6) (185.4) Commission (16.1) (108.9) (91.4) (3.5) (46.5) (36.5) (70.7) (44.9) Operating Expenses 17.5 (51.1) (60.1) (25.9) (34.5) 13.9 (22.4) (25.6) Tax Expenses 28.4 (197.1) (253.1) (6.1) (130.6) 22.8 (99.8) (122.6) Administrative Expenses 13.6 465.9 529.4 (44.2) 339.9 23.8 153.1 189.5 Operating Profit 113.3 79.5 169.6 8.7 81.3 94.9 45.3 88.3 Financial Results¹ 28.2 545.4 699.0 (34.0) 421.1 40.0 198.4 277.9 Earnings before Taxes 34.4 (172.7) (232.0) (35.5) (141.0) 50.5 (60.5) (91.0) Income Tax and Social Contribution 25.3 372.7 467.0 (33.3) 280.1 35.5 137.9 186.9 Net Income before Participation 22.6 (87.6) (107.4) (33.3) (64.4) 32.6 (32.4) (43.0) Shareholding 26.1 285.1 359.6 (33.3) 215.7 36.4 105.5 143.9 Net Income -0.2 30.2% 30.0% -12.4 36.5% 1.6 22.4% 24.0% ROAE (%) - Chg. (p.p.) 0.2 88.2% 88.5% 7.1 84.9% -0.6 92.6% 92.0% Combined Ratio (%) - Chg. (p.p.) -1.2 86.5% 85.3% 6.6 81.9% -2.0 90.6% 88.6% Amplified Combined Ratio (%) - Chg. (p.p.) 94.1 1,207.4 2,343.4 2.3 2,291.4 94.1 1,207.4 2,343.4 Basis - Financial investments Managerial Income Statement Earnings Release 2Q26
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17 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. PORTO BANK EARNINGS RELEASE
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18 204.1 196.0 219.4 211.5 137.8 27.6% 26.1% 28.4% 24.8% 16.3% 2Q25 3Q25 4Q25 1Q26 2Q26 Result (R$ million) ROAE (%) 29.5% 2Q25 30.7% 3Q25 29.5% 4Q25 27.7% 1Q26 25.4% 2Q26 The more challenging macroeconomic environment and the deterioration of credit quality directly impacted the credit card indicators. Porto Bank reinforced the selective growth strategy and capital allocation, directing expansion towards products with a better risk-return ratio, greater predictability of loss, and real collateral. The Institution maintained a strong business growth by reaching a historic milestone of 7.0 million businesses (+32.8% YoY), driven by the acceleration of digital fronts and the capture of synergies in the Porto ecosystem. The revenue¹ increased by 16.6% compared to the previous year with Fee-Based growing 29.5% and Financial Margin 8.4%. The efficiency ratio of 25.4% in 2Q26 is a key pillar of the structural cost-to-serve reduction strategy. This reduction was based on: 1) focus on contract renegotiation, 2) expansion of self-service in customer support, 3) digital billing; 4) internalization of technology services; and; 5) the migration from the digital account model via BaaS to the internal development of a banking core. The loan portfolio reached R$ 23.5 billion, an increase of 12.1% compared to 2Q25. The managed portfolio of the Consortium grew 41.1% compared to the previous year, reaching R$ 116 billion. Although credit deterioration reduced profitability in the quarter, the operational fundamentals remained solid, highlighted by revenue growth, business expansion, and the continued evolution of operational efficiency. Porto Bank continues investing in structural capabilities and has made necessary changes in risk management. 1.015 1.041 1.053 1.129 1.099 648 738 516 730 773 276 83 67 136,4 144,2 2Q25 3Q25 4Q25 143.0 ¹ 1Q26 138.5 ¹ 2Q26 1,663 1,779 1,845 1,942 1,939 142,7 ¹ Average Monthly Revenue per Active Customer (R$)¹ Net Financial Revenue (R$ million) Fee-Based Revenue (R$ million) Pro-forma revenue¹ 7.0 M businesses (Jun/26) +32.8% YoY Main Highlights R$ 1.9 B in revenues (2Q26) +16.6% YoY 1 • Net income of 137.8 million (-32.5% YoY), with ROAE of 16.3% • Efficiency ratio 25.4% (-4.0 p.p. YoY)² • Revenue Mix • Strengthening of collection and recovery strategies Porto Bank closed 2Q26 with revenue growth exceeding expense expansion, continuous improvement in the Efficiency ratio, and discipline in credit granting. Net income of R$ 137.8 million, accounting for a decrease of 32.5% compared to 2Q25, with a ROAE of 16.3%. Net Income and Profitability Revenues Efficiency Ratio 2 (1) Excluding the effects of the new revenue and cost d eferral model for the Consortium, now applied by group and quota. (2) Calculation methodology: (Operating and Administrative Expenses) / (Revenue net of taxes – Commission). Earnings Release 2Q26
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19 952.5 983.2 1,043.9 1,087.3 1,103.9 2Q25 3Q25 4Q25 1Q26 2Q26 Total revenue (R$ million) 638.4 624.1 732.8 753.3 750.1 4.7% 3.4% 3.0% 2.8% 0.1% 2Q25 3Q25 4Q25 1Q26 2Q26 NII² (R$ million) Risk-adjusted NIM³ (%) During the quarter, it expanded collection actions, reviewed granting policies, and portfolio management. The focus shifts toward even greater integration, taking into account the customer's consolidated exposure and active portfolio management, with an emphasis on collateralized products, preserving asset quality and sustainable profitability. Consolidated NII reached R$ 750.1 million in 2Q26 (+17.5% YoY), with a NIM of 15.1% — stable gross margin. The Risk-Adjusted NIM closed at 0.1%, with compression concentrated in credit cards. The recovery of the indicator accompanies the normalization of credit card cost of risk, whose leading indicator — 15-90 NPL — has already declined in the quarter. 20,437 21,149 22,840 22,058 22,553 485 562 674 798 898 2Q25 3Q25 4Q25 1Q26 2Q26 20,923 21,711 23,515 22,856¹ 23,452 +12.1% Portfolio 0-360d (R$ million) Portfolio 361-540d (R$ million) R$ 1.1 B +15.9% YoY Financial Solutions for Credit R$ 938.0 M +17.1% YoY R$ 165.9 M +9.5% YoY Revenue Credit Cards Loans and financing Credit Portfolio (1) Includes a write-off of R$ 953 million in the portfolio in 1Q26, already provisioned. (2) NII = Financial revenue - Financial expenses - Loan Operation Commission. (3) Adjusted NIM for Risk = (NII – Loss x 4) / Average Spread Sensitive Portfolio.. Earnings Release 2Q26
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20 13.7% 2Q25 14.6% 3Q25 15.3% 4Q25 13.8% 1Q26 15.1% 2Q26 2Q25 3Q25 4Q25 67.9%³ 1Q26 69.3% 3 2Q26 67.4% 67.5% 67.7% 62.5% 61.3% 415.3 392.6 457.2 513.8 698.2 2.1% 1.9% 2.2% 2.2% 3.2% 2Q25 3Q25 4Q25 1Q26 2Q26 6.9% 8.5% 2Q25 7.2% 9.7% 3Q25 7.3% 9.9% 4Q25 8.2% 11.4% 1Q26 9.4% 12.8% 2Q26 (Overdue >90 days) Over90 (Base 360d) Over 90 (Base 540d) 8.2% 2Q25 8.6% 3Q25 10.1% 4Q25 10.8% 1Q26 12.7% 2Q26 The over-90 ratio (on 360 days basis) reached 9.4% in 2Q26, while the credit cost reached 12.7%, following the higher formation of NPL. The Coverage of Stage 3 was 62.5%,. Portfolio quality indicators reflected the maturation of vintages and credit cycle dynamics. Porto Bank sought to evolve management predominantly from product-based to an integrated client and portfolio management model, believing that this change will increase the resilience of portfolios for the upcoming growth cycles. 2.8% 2Q25 2.1% 3Q25 2.8% 4Q25 2.7% 1Q26 3.5% 2Q26 Credit Quality and Cost of Credit NPL ratio (%) Representation of Stage 3 Portfolio (% ) NPL Formation 1 (%) – 360 days Stage 3 Formation (%) Credit Cost 2 (%) Stage 3 Coverage (%) (1) NPL Formation = (NPL Chg + Write-Off to Loss Net of Recoveries) / Portfolio (2) Cost of Credit = Credit Losses / Average Loan Po rtfolio (3) Includes a write-off of R$ 953 million in the portfolio in 1Q26, already provisioned. Earnings Release 2Q26
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21 495 530 687 501 707 2Q25 3Q25 4Q25 1Q26 2Q26 +42.9% Credit Release (R$ million) Credit Card segment performance ended 2Q26 with 3.85 million credit cards available for use, an increase of 5.6% over 2Q25 and a 2.3% QoQ decline, due to adjustments in credit underwriting and maintenance policies. Total payment volume (TPV) grew 8.9% YoY, reaching R$ 17.9 billion, with 91.3 million transactions (+10.4% YoY). In 2Q26, the Loans and Financing portfolio originated R$ 707 million in credit (+42.9% YoY), generating total revenue of R$ 165.9 million (+9.5% YoY), with a focus on auto-secured products and working capital with receivables retention. Highlights include the launch of private payroll-deductible loans. Across all products, the underwriting policy continues to emphasize greater selectivity within the Porto ecosystem. 16.5 16.9 18.5 17.5 17.9 82.8 82.3 90.3 86.1 91.3 2Q25 3Q25 4Q25 1Q26 2Q26 Number of transactions (million) TPV (R$ billion) 3,643 3,676 3,855 3,938 3,848 2Q25 3Q25 4Q25 1Q26 2Q26 +5.6% Ready-to-use cards (thousands) Financial Solutions for Credit Credit Card Loans and financing Earnings Release 2Q26
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22 65.5 82.0 85.9 90.5 92.5 16.7 20.5 21.4 22.8 23.5 2Q25 3Q25 4Q25 1Q26 2Q26 82.2 102.5 107.3 113.3 116.0 +41.1% Real Estate (R$ billion) Vehicles (R$ billion) 242 269 149 255 266 129 144 51 150 147 276 83 67 2Q25 3Q25 4Q25 1Q26 2Q26 371 413 476 488 480 +29.3% Real Estate Vehicles Pro-forma revenue¹ The Active Business base reached 588 thousand quotas (+34.3% YoY), split into 317 thousand in Real Estate and 271 thousand in Vehicles. In 2Q26, over 8.4 thousand quotas were awarded (representing R$ 1.5 billion in credit letters granted), making it one of the consortium administrators with the highest award rates in the market. The Consortium Credit Portfolio of Porto Bank reached R$ 116.0 billion in 2Q26, up 41.1% YoY, reflecting the consistent expansion of the business base and the balanced performance of the Real Estate (+41.3%) and Vehicles (+40.3%) segments. 233 267 294 301 317 204 256 249 258 271 2Q25 3Q25 4Q25 1Q26 2Q26 438 523 543 559 588 +34.3% Real Estate Vehicles Consortium Revenue totaled R$ 413.2 million in 2Q26 (+11.3% YoY). Under the old criteria and on a comparable basis¹, the revenue would be R$ 480.2 million in 2Q26, growing +29.3% YoY. The Consortium is a pillar of predictable revenue, low volatility, and efficient Capital Adequacy, which strengthens the thesis of a bank with diversified and cycle-resilient revenue. Porto Bank has a structural competitive advantage, given the brand, distribution reach, and potential for expansion in the Porto base. R$ 480.2 M +29.3% YoY 1 Consortium R$ 116.0 B +41.1% YoY Adjusted Revenue Managed Portfolio (R$ million) Revenue (thousands) Active Businesses Managed Portfolio (1) Excluding the effects of the new revenue and cost d eferral model for the Consortium, now applied by group and quota. Earnings Release 2Q26
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23 2.27 2.34 2.44 2.50 2.60 2Q25 3Q25 4Q25 1Q26 2Q26 340 350 359 372 378 104 106 108 112 113 2Q25 3Q25 4Q25 1Q26 2Q26 445 455 467 484 490 +10.3% Landlord Protection Premium Bonds 249 260 268 269 284 47 63 53 52 55 2Q25 3Q25 4Q25 1Q26 2Q26 296 323 321 322 338 +14.2% Landlord Protection Premium Bonds 38.0% 39.7% 32.7% 42.4% 44.1% 2Q25 3Q25 4Q25 1Q26 2Q26 Revenue from Landlord Protection totaled R$ 283.7 million in 2Q26, with a growth of 13.8% compared to the previous year. The product remains consolidated in the leadership of the rental market, with a 52.7% share¹, reinforcing its relevance and competitiveness. The increase in the product’s credit loss (from 38.0% in 2Q25 to 44.1% in 2Q26) reflected a higher severity of claims. This dynamic is within the expected technical margin of Porto Bank and does not change our view on the product’s structural profitability. Revenue from premium bonds reached R$ 478.7 million, accounting for an increase of 16.4% compared to 2Q25, reflecting the continuous strengthening of the solution in the company’s portfolio. The performance of the two products highlights the effectiveness of the investment strategy in partnerships with real estate agencies, and reinforces the importance of responsible and regulated management of this business model. 6.09 6.17 6.33 6.49 6.55 2Q25 3Q25 4Q25 1Q26 2Q26 21.2 22.1 21.9 21.4 20.9 2Q25 3Q25 4Q25 1Q26 2Q26 Total Revenue (R$ million) Assets under Management (R$ billion) Private Pension’s Assets Under Management (AUM) closed 2Q26 at R$ 6.55 billion, with Effective Revenue of R$ 20.9 million. In addition to the sessions with managers and personalized portfolios, we highlight as progress on the distribution front the availability of the Pension Plan on the Porto App during 1Q26. The channel aims to enhance customer acquisition and strengthen the relationship with clients, leveraging Porto Bank’s consolidated offering. Financial Solutions for Rent and Guarantee R$ 338.5 +14.2% YoY 490.4 K +10.3 YoY Revenue Rental Guarantee Contracts R$ 2.6 B +14.7% YoY Premium Bonds’ Portfolio (R$ million) Revenue (R$ million) Active Contracts (R$ billion) Premium Bonds’ Portfolio Credit losses Pension Plan (1) Market data from April to May 2026. Source: SUSEP/Porto Seguro. Earnings Release 2Q26
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24 Financial and Operational Summary and I/S Financial and Operational Summary Managerial Income Statement (1) The fee-based breakdown is as follows: revenue from services/other, revenue from the provision of co nsortium services, revenue from premium bonds and re venue from other services; (2) For the calculation of this indicator, we consider only the Prevision for Loan Losses and portfolio up to 360 days in arrears, to maintain comparability with the history; (3) Adjusted revenue excluding the effects of the imp rovement in the Consortium’s revenue and cost deferr al method. (4) Excluding the effects of the improvement in the Co nsortium’s revenue and cost deferral method, Porto Bank’s Fee Revenue-Based would be R$ 839.6 million in 2Q26 (+29.5% YoY) and R$ 1.7 billion in the semester (+28.9% YoY). Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Credit Card and Financing 17.3% 1,340.5 1,572.7 -0.4% 788.0 13.8% 689.4 784.7 Net financial revenues 18.5% 1,520.1 1,801.4 0.3% 899.2 14.9% 785.1 902.2 Gross financial revenue 27.4% -179.6 -228.7 5.6% -111.2 22.8% -95.6 -117.5 Financial expense 22.0% 506.9 618.5 6.6% 299.3 21.3% 263.1 319.2 Fee-Based Revenue (1) 18.6% 1,847.4 2,191.1 1.5% 1,087.3 15.9% 952.5 1,103.9 Total Net Revenue (R$ million) -1.6 8.9% 7.3% 0.5 6.8% -1.6 8.9% 7.3% Provision for Loan Losses - Chg. p.p. (2) -11.3% 121.7 108.0 -1.2% 109.4 -11.3% 121.7 108.0 Loan and financing contracts (thousand units) 5.6% 3,643.4 3,847.8 -2.3% 3,937.8 5.6% 3,643.4 3,847.8 Credit Card (thousand units) -19.1% 99.2 80.3 10.1% 38.2 -17.5% 51.0 42.1 Commission 63.0% 835.9 1,362.7 21.3% 615.7 74.1% 429.0 747.0 Credit losses 10.8% 17,915.5 19,858.9 0.4% 19,788.4 10.8% 17,915.5 19,858.9 Average Credit Portfolio Sensitive to Spread 114.3% 189.0 404.9 12.1% 361.3 114.3% 189.0 404.9 Write-Off to Loss Net of Recoveries Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Financial Risks 13.6% 486.7 552.9 5.34% 269.3 13.8% 249.2 283.7 Net Financial Revenue (R$ million) 13.8% 466.5 531.1 5.89% 258.0 14.4% 238.7 273.2 Earned Premiums (R$ million) 8.3% 20.2 21.8 -7.16% 11.3 -0.4% 10.5 10.5 Financial result (R$ million) 3.8 39.5% 43.2% 1.7 42.4% 6.0 38.0% 44.1% Credit Loss (%) -Chg. (p.p.) 10.9% 340.3 377.6 1.5% 372.1 10.9% 340.3 377.6 Financial Risk Contracts (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Premium Bonds 13.9% 94.0 107.0 4.9% 52.2 16.2% 47.2 54.8 Total Revenues (R$ million) 19.5% 53.9 64.4 11.8% 30.4 21.7% 28.0 34.0 Fee-Based Revenue (R$ million) 6.4% 40.0 42.6 -4.7% 21.8 8.2% 19.2 20.8 Net Financial Revenue (R$ million) 8.2% 104.2 112.8 1.1% 111.6 8.2% 104.2 112.8 Current Premium Bonds’ (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Consortium 30.6% 741.1 968.2 -1.6% 488.0 29.3% 371.4 480.2 Adjusted Total Revenues (R$ million) (3) 10.4% 741.1 818.1 2.1% 404.9 11.3% 371.4 413.2 Total Revenues (R$ million) 15.0% 692.8 796.9 4.9% 388.9 18.8% 343.3 407.9 Fee-Based Revenue (R$ million) -56.1% 48.4 21.3 -66.7% 15.9 -81.0% 28.0 5.3 Net Financial Revenue (R$ million) 34.3% 437.7 588.0 5.1% 559.5 34.3% 437.7 588.0 Active Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Other Products 14.4% 54.4 62.2 -64.1% 45.8 -61.2% 42.4 16.4 Revenue with Other Products (R$ million) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Total Porto Bank 15.8% 3,223.5 3,731.4 0.7% 1,859.4 12.6% 1,662.7 1,872.0 Total Revenues (R$ million) -11.8% 396.2 349.3 -34.8% 211.5 -32.5% 204.1 137.8 Net Income (R$ million) -6.0 26.8% 20.7% -8.4 24.8% -11.2 27.6% 16.3% ROAE (%) - Chg. (p.p.) -2.7 29.3% 26.6% -2.3 27.7% -4.0 29.5% 25.4% Efficiency Ratio (%) - Var (p.p.) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Total Porto Bank 17.2 1,282.7 1,502.9 5.8 730.3 19.2 648.2 772.6 Fee-Based (4) 14.8 1,940.8 2,228.5 (2.6) 1,129.1 8.4 1,014.5 1,099.4 Net financial revenues (i) 15.8 3,223.5 3,731.4 0.7 1,859.4 12.6 1,662.7 1,872.0 Total Revenues (0.9) (212.8) (211.0) (13.7) (113.3) (9.5) (107.9) (97.7) Tax Expenses 16.9 3,010.7 3,520.5 1.6 1,746.1 14.1 1,554.7 1,774.3 Net Revenue 56.1 (1,022.7) (1,596.3) 19.3 (727.9) 67.3 (519.2) (868.4) Credit Losses (ii) 5.3 (1,239.4) (1,305.5) 1.4 (648.2) 1.9 (645.0) (657.3) Total Expenses (0.5) (505.9) (503.5) 21.4 (227.4) 4.3 (264.8) (276.1) Commission 10.8 (284.3) (314.9) (11.9) (167.4) (0.8) (148.7) (147.5)Operating Expenses 8.4 (449.1) (487.0) (7.8) (253.3) 0.9 (231.5) (233.7) Administrative Expenses (17.4) 748.6 618.7 (32.8) 370.1 (36.3) 390.5 248.6 Results before Tax (22.0) (235.0) (183.3) (38.6) (113.6) (43.8) (124.1) (69.7) Income Tax and Social Contribution (18.2) (120.5) (98.6) (29.2) (57.7) (34.7) (62.7) (40.9) Profit Sharing 297.3 3.2 12.5 (101.7) 12.7 (164.3) 0.3 (0.2) Result from Investee Companies (11.8) 396.2 349.3 (34.8) 211.5 (32.5) 204.1 137.8 Net Income (R$ million) -6.0 26.8% 20.7% -8.4 24.8% -11.2 27.6% 16.3% ROAE (%) - Chg. (p.p.) Δ% / p.p. 1S25 1S26 ∆% 1Q26 ∆% 2Q25 2Q26 Financial Risk Monitoring Framework - Bank Vertical Income Statement 13.8 466.5 531.1 5.9 258.0 14.4 238.7 273.2 (i) Earned Premium embedded in Financial Revenues 24.8 (184.1) (229.6) 10.2 (109.3) 32.6 (90.8) (120.4) (ii) Retained Claims embedded in Credit Loss 8.3 20.2 21.8 (7.2) 11.3 (0.4) 10.5 10.5 (i) Financial Result embedded in Financial Revenues Earnings Release 2Q26
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25 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. PORTO SERVIÇO EARNINGS RELEASE JULIANA Service Provider 6 Years with Porto
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26 R$ 95.2M of EBITDA in 2Q26 14.4% EBITDA Margin in 2Q26 Porto Serviço closed 2Q26 with revenue of R$ 659.0 million (+5.6% vs. 2Q25), with a highlight on the Strategic Partnerships segment, which achieved growth of 8.2% and 20.4% excluding contracts not renewed by the Company's decision (vs. 2Q25). We ended the period with more than 10 client automakers, surpassing 70 partners in total, who already represent a quarter of the vertical's revenue, reinforcing our goal of promoting more diversification in the areas of operation. The vertical continues paving the way for partnership with brokers, who have been using the service offering to strengthen the customer relationship, whether they are individuals or legal entities. In Digital Products, we expanded revenue by 34.3% in 2Q26, driven by actions in the segment with the launch of new products, such as Casa em Dia, a solution that allows multiple homeowner maintenance tasks to be resolved in a single visit, created to simplify the way people take care of home maintenance. In the Porto Partnership, which achieved a 4.5% growth in revenue (vs. 2Q25), there was a reduction in the volume of services, reflecting lower severity and changes in the mix of the Insurance operation. Finally, during the period, Porto Serviço announced its first proprietary sponsorship: to CASACOR SP 2026, the largest architecture and design exhibition in the Americas. With the sponsorship, Porto Serviço aims to strengthen its position as an authority in home care and maintenance. 682K Car services in 2Q26 Main Highlights 684K Services for homes and businesses in 2Q26 80 pts NPS in Porto Seguro Partnership Revenue from Strategic Partnerships and Digital Products Income distribution EBITDA and EBITDA Margin Net income and Profitability In the second quarter of 2026, we achieved net income of R$ 50.2 million (+11.2% vs. 2Q25), EBITDA of R$ 95.2 million (-6.2% vs. 2Q25), EBITDA margin of 14.4% (-1.8 p.p.) and ROAE of 25.4% (+4.0 p.p.). We maintained the focus on structuring, expansion of partnerships and sales of digital products, seeking to extend the provision of recognized quality services to users other than just the Company’s insured parties. 4.5 2Q25 4.6 3Q25 6.3 4Q25 7.7 1Q26 6.1 2Q26 150.4 141.2 166.2 153.9 164.0 159.9 145.8 136.6 146.2 157.8 Strategic Partnerships (R$ million) Digital Products (R$ million) 0.7% 2Q25 0.8% 3Q25 0.9% 4Q25 1.1% 1Q26 0.9% 2Q26 75.9% 23.4% 76.7% 22.6% 74.9% 24.1% 77.2% 21.7% 75.1% 24.0% Porto Seguro Partnership Strategic partnerships Digital Products 2Q25 3Q25 4Q25 1Q26 2Q26 36.1% 21.5% 45.1 17.8% 38.4 83.5 22.8% 53.0 25.4% 50.2 Porto Result (R$ million) ROAE (% p.a.) 2Q25 3Q25 4Q25 1Q26 2Q26 22.0% 56.8 18.6% 49.1 34.4% 91.1 22.8% 60.6 25.4% 57.4 Po;o Result + Minority Interest (R$ million) ROAE (% p.a.) Earnings Release 2Q26
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27 Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Porto Seguro Partnership 3.7% 979.1 1,015.1 -4.8% 520.0 4.5% 474.0 495.1 Revenues from Services (R$ million) -2.4% 2,244.6 2,190.7 1.0% 1,089.7 -0.9% 1,110.8 1,101.0 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Strategic Partnerships -0.6% 305.9 304.0 8.0% 146.2 8.2% 145.8 157.8 Revenues from Services (R$ million) 2.6% 5,079.5 5,213.5 -3.8% 5,419.5 2.6% 5,079.5 5,213.5 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Digital Products 51.9% 9.1 13.8 -20.6% 7.7 34.3% 4.5 6.1 Revenues from Services (R$ million) 58.2% 4.8 7.5 -10.0% 8.4 58.2% 4.8 7.5 Business (thousand) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Total Service 3.0% 1,294.1 1,332.9 -2.2% 673.9 5.6% 624.4 659.0 Total Revenues (R$ million) -4.5% 123.5 118.0 -5.3% 60.6 1.1% 56.8 57.4 Net Income before Minority Interest (R$ million) -40.3% -24.8 -14.8 -5.3% -7.6 -38.2% -11.7 -7.2 Minority Interest (R$ million) 4.5% 98.7 103.2 -5.3% 53.0 11.2% 45.1 50.2 Net Income (R$ million) -8.7% 215.1 196.4 -6.0% 101.3 -6.2% 101.4 95.2 EBITDA (R$ million) -1.9 16.6% 14.7% -0.6 15.0% -1.8 16.2% 14.4% EBITDA Margin (%) - Chg. (p.p.) 2.7 23.5% 26.1% 2.6 22.8% 4.0 21.5% 25.4% ROAE (%) - Chg. (p.p.) Δ% / p.p. 1S25 1S26 ∆%/p.p. 1Q26 ∆%/p.p. 2Q25 2Q26 Porto Serviço Income Statement 3.0 1,294.1 1,332.9 (2.2) 673.9 5.6 624.4 659.0 Service Revenue 5.2 (772.1) (812.5) (5.6) (418.0) 5.7 (373.3) (394.6) Cost of services rendered 9.6 (59.1) (64.8) 4.9 (31.6) 13.7 (29.1) (33.1) Tax Expenses (21.1) (98.5) (77.8) 8.2 (37.3) (9.6) (44.7) (40.4) Commission (21.4) (17.1) (13.5) 117.0 (4.2) (18.1) (11.3) (9.2) Operating Expenses 4.9 347.3 364.4 (0.5) 182.7 9.5 165.9 181.7 Income before Administrative Expenses 40.3 (96.5) (135.4) 9.3 (64.7) 41.5 (50.0) (70.7) Administrative Expenses (8.7) 250.7 229.0 (5.9) 118.0 (4.3) 116.0 111.0 Operating Result (37.1) 8.1 5.1 (23.9) 2.9 - 0.4 2.2 Financial result (2.4) (15.7) (15.4) 0.0 (7.7) 0.1 (7.7) (7.7) Amortization of Intangible Assets (10.0) 243.1 218.8 (6.8) 113.2 (2.9) 108.6 105.5 Results before Tax (19.7) (81.6) (65.6) (10.3) (34.6) (14.8) (36.4) (31.0) Income Tax and Social Contribution (5.1) 161.5 153.2 (5.3) 78.7 3.1 72.3 74.5 Income before interests (7.2) (38.0) (35.2) (5.3) (18.1) 10.7 (15.5) (17.1) Profit Sharing (4.5) 123.5 118.0 (5.3) 60.6 1.1 56.8 57.4 Income before Minority Interest (40.3) (24.8) (14.8) (5.3) (7.6) (38.2) (11.7) (7.2) Minority Interest 4.5 98.7 103.2 (5.3) 53.0 11.2 45.1 50.2 Net Income (8.7) 215.1 196.4 (6.0) 101.3 (6.2) 101.4 95.2 EBITDA (R$ million) -1.9 16.6% 14.7% -0.6 15.0% -1.8 16.2% 14.4% EBITDA Margin (%) - Chg. (p.p.) 2.7 23.5% 26.1% 2.6 22.8% 4.0 21.5% 25.4% ROAE (%) - Chg. (p.p.) Financial and Operational Summary and I/S Financial and Operational Summary Managerial Income Statement Earnings Release 2Q26
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28 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. PORTO EARNINGS RELEASE
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29 39% 48% 44% 40% 26% 21% 14% 18% 27% 5% 5% 3% 4% 2Q25 3% 1Q26 4% 2Q26 Ibovespa JGP Index-CDI 2Q26 -8.2% 5.2% 2Q25 4.6% 8.3% Accumulated IPCA 2.0% 1.4% Benchmark 2) Allocation primarily in floating rates. 3) Allocation mostly marked on the curve. 4) As of 1Q26, we had an increase in the duration of fixed-rate securities through derivatives, despite the reduction in the percentage exposure of the equity. 5) Through the sale of DAPs, we reduce exposure to IPCAs for the year 2026. R$ 25.2 B Investment Portfolio (Jun/26) 2.6 12.9 6.1 2Q25 3.0 13.6 6.2 3Q25 3.2 14.0 6.2 4Q25 4.2 13.8 6.5 1Q26 5.2 13.5 6.5 2Q26 21.6 22.8 23.4 24.5 25.2 Bank¹ Other Assets Pension Plan Reserves¹ 06/30/2026 Position as of: 1Q26 % CDI Ex-pension plan, rollovers and ALM % CDI Ex-pension plan 89.9% 3.0% 87.5% 2.9% Last 3 months 78.4% 11.6% 68.4% 10.1% Last 12 months 77.3% 59.8% 74.4% 57.5% Last 60 months (1) Return on investments allocated in the Porto Bank Vertical Equities Corporate Bonds² Floating rate Inflation-linked 3 5 Fixed rate 3 4 5 16.3% 1.8% 1.9% Earnings Release 2Q26 Financial Result | 2Q26 Investment Portfolio (R$ B) Breakdown and Profitability of Investment Portfolio Benchmark Return by asset class Profitability of Financial Investments vs. CDI 0.5% 2Q25 0.5% 3Q25 0.6% 4Q25 0.9% 1Q26 1.2% 2Q26 0.7% 0.4% 1.0% 1.1% 0.8% Stress % NAV Annualized Vol Risk Indicators of Investment Portfolio
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30 Total revenue -0.3 Pension Plan (Traditional) (1) 13.1 ALM PoXoCap (1) Adjusted Revenue 462.4 475.2 The financial result was R$ 387.1 million in 2Q26 (+3.0% vs. 2Q25). Revenue from the financial investment portfolio (ex-pension plan and ALM Porto Cap), managed by the Treasury, was R$ 475.2 million in 2Q26, which accounts for 89.9% of CDI. The 2Q26 results were mostly impacted by the allocation in variable income, despite the better performance compared to the IBOV. The total portfolio of financial investments, which includes resources from pension plan participants, reached R$ 25.2 billion. Excluding resources from social security technical reserves, the total portfolio of financial investments totaled R$ 18.7 billion and reached a return of 2.9% in the quarter (87.5% of CDI). The Company considers the pursuit of capital preservation to be a relevant objective within the strategy for allocating the financial investment portfolio due, for example, to the need to protect operations against inflationary components (e.g.: parts inflation, which has an impact on the cost of motor vehicle insurance indemnities, collective bargaining, among others). And for that, it incorporates other asset classes in its portfolio allocation, which may result in a detachment in relation to the CDI. Δ % 1S25 1S26 Δ % 1Q26* Δ % 2Q25 2Q26 Result from financial investments 22.6 863.9 883.4 16.5 408.0 10.2 431.2 475.2 Revenue Managed by the Treasury 91.1 (34.9) (66.7) (76.2) (53.8) (41.8) (22.0) (12.8) Impact of ALM, Pension Plan and Rollout (vs. CDI) (14.8) 829.0 816.7 30.5 354.2 13.0 409.2 462.4 Total revenue from financial investments 2.6 (123.1) (126.3) 57.0 (49.1) 22.2 (63.1) (77.1) Result of Business Allocations at Porto Bank and Resources not Managed by the Treasury (2.2) 705.9 690.4 26.3 305.1 11.3 346.1 385.3 Result from financial investments² 7.5 76.1 81.8 (1.7) 41.2 6.1 38.2 40.5 Additional fractionation 3 31.2 (20.1) (26.4) 2.1 (13.1) 10.5 (12.1) (13.3) Interest on Loans - (3.2) (51.8) (4.4) (26.5) - 3.9 (25.3) Other financial results (8.5) 758.6 694.0 26.2 306.8 3.0 376.0 387.1 Total financial result * In 1Q26, the ALM Porto Cap portfolio was impacted by R$ 33.9 million due to the rollovers of securities tha t will be reclaimed throughout the year due to the new contracted rates. Total revenue 0.3 Pension Plan (Traditional) (1) ALM PoXoCap (1) Adjusted Revenue 816.7 66.4 883.4 Earnings Release 2Q26 Financial Result | 2Q26 Breakdown of Nominal Portfolio – 2Q26 (R$ M) Breakdown of Nominal Portfolio – 1S26 (R$ M) Revenues and Profitability (ex. Pension Plan) (1) Result generated on funds invested by the Compa ny to mitigate the mismatch between assets and liabi lities (ALM) of Traditional Pension Plan operations ( product whose sale was discontinued), Loan Operations (Porto Bank) and Capitalization (PortoCap). (2) The difference between total treasury income (R$ 475.2 M in 2Q26) and the result from financial investments (R$ 385.3 M in 2Q26) is explained by adjustments to all ocations between lines of income from financial service s which are currently reallocated mainly to Porto Bank and to funds not managed by the treasury area. (3) Result related to th e installment payment of policies in the Insurance vertical.
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31 Capital Adequacy* - (R$ million) Investments (CAPEX) - (R$ million) 470 363 367 543 246 328 2022 2023 2024 2025 1S25 1S26 5,687 8,186 2,499 4,420 835 Insurance companies 806 Financial Holding company PLA 6,522 3,305 2,779 12,606 Capital Sufficiency Capital Requirement Capex (R$ million) Adjusted shareholders’ equity (PLA ): Shareholders’ Equity adjusted by additions and deletions, in accordance with SUSEP, BACEN, ANS and Central Bank of Uruguay regulations; Capital requirement: minimum capital required in accordance with the regulatory models of SUSEP, BACEN, ANS and the Central Bank of Uruguay; Capital Sufficiency: difference between the adjusted net worth and the capital requirement. (*) The capital adequacy required does not necessarily reflect the capital adequacy of the verticals, but the accounting capital. Range Vertical Earned Premium Chg (vs. 2025) +3% to +7% Vertical Loss Ratio 50.5% to 54.5% Vertical G&A Ratio +10.0% to +10.6% Range Total Vertical revenue 2 7.5 to 7.9 B Credit Losses (R$ B) -2.7 to -3.1 B Efficiency Ratio 3 +27% to +31% Range Vertical Earned Premium Chg (vs. 2025) +14% to +22% Vertical Loss Ratio 72% to 77% Vertical G&A Ratio 4.7% to 5.7% Range Total Vertical Revenue (R$ B) 2.6 to 2.9 Vertical G&A Ratio 9% to 10% Range Financial Result (R$ B) 1.4 to 1.8 Effective Rate 4 24% to 28% Review held 50% to 54% held Review 7.7 to 8.1 -3.1 to -3.5 24% to 28% Review held held held held held Review held 23% to 27% Review 1The Company clarifies that the projections disclosed reflect Management’s expectations regarding the Company’s business and therefore do not represent a promise of performance or result. The realization of these expectations will depend on several factors, many of them external to the Company, and actual results may differ from the projections presented. The projections will be monitored and reviewed by the Company, pursuant to the applicable regulations. 2Po1o Bank Total Revenue: Revenue impacted by improvements in the deferral method of consortium revenues and costs and now net of expenses with Rewards and card brands. 3New Po1o Bank E6 ciency Ratio: New calculation of Porto Bank Efficiency Ratio: (Operating and Administrative Expenses net of Rewards and brands) / (Net revenue net of taxes, Rewards and brands – Commission). Expenses such as Rewards and flags will no longer be part of operating expenses and will become revenue deductions in 2026. 4E8 ective Rate: Revision of the Effective Rate resulting from the reversal of deferred taxes on the surplus from the acquisition of a subsidiary after its merger. Projections for the year 2026 on the evolution of indicators considered relevant by the Company: We have made significant investments (CAPEX) in innovation and digital transformation projects, such as our Sales Hub , which allows the purchase of Porto products on a single digital platform; the R3 project , with the purpose of incorporating Azul, with several expected synergy and systems shutdown benefits; the Corporate account project of Porto Bank , which will enable service to several stakeholders inside and outside the Porto ecosystem; the Orquestrador Project , which centralizes all technology and payment policy; the Project to adapt to the Tax Reform ; in addition to recurring investments in information security, systems development, acquisition of software licenses and hardware infrastructure, such as servers and notebooks, aimed at improving and controlling processes of technological renewal of the Company. Earnings Release 2Q26 Investment, Capital and Projections 2Q26 2026 Projections 1
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32 40% 43% 50% 55% 3.0% 5.3% 5.6% 5.9% -20,0% -15,0% -10,0% -5,0% 0,0% 5,0% 10,0% 0% 20% 40% 60% 80% 100% 120% 140% 160% 2022 2023 2024 2025 Payout Dividend Yield 68 51 56 41 44 16 19 17 33 33 12 24 19 22 18 4 Dec/22 6 Dec/23 8 Dec/24 5 Dec/25 5 Jun/26 Brazil United States England Other Dec/22 Dec/23 Dec/24 Dec/25 Jun/26 13.3 8.6 8.8 9.2 9.7 Ibovespa: +616% Porto: +1,593% Source: Economática and Porto Seguro Porto Seguro S.A. - B3: PSSA3 Market Indicators: Share Price: R$ 52.92 (Jun/25) | Change (last 12 months): -4.1% | Free Float: 183,108,545 | Market Value: R$ 34.2 B 2Q26 Earnings Release: 07/08/2026 (before market opening) Conference Call: 08/07/2026 – 9:00 am (BRT) / 8:00 am (US EDT) - In Portuguese and English (with simultaneous translation) Link to webcast: https://mzgroup.zoom.us/webinar/register/WN_6otMCCyxSa69rwDLqC9VJg#/registration nov-05 nov-07 nov-08 nov-09 nov-10 nov-11 nov-12 nov-13 nov-14 nov-15 nov-16 nov-17 nov-18 nov-19 nov-20 nov-21 nov-22 nov-23 nov-24 nov-25 jun-26 Earnings Release 2Q26 Market Indicators | 2Q26 Market Indicators Geographic breakdown of Free Float Shares (%) PSSA3 Pe=ormance vs. Ibovespa from IPO (Nov/2004) to Jun/2026 Base 100 nov-06 nov-04 Payout & Dividend Yield Price/Earnings
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33 People 19.0 M Clients 13.7 K Employees 44.6 k Independent brokers 1 13.6 k Service providers 5.6 M Users in the Apps 2 1.6 M LinkedIn Followers 3 Operation 180 M Digital interactions and services 682 k Auto services 684 k Homeowner and Commercial service support 73% of fully digital interactions with Customers 8.5 M Human services Assessment 4.8 Porto App rating on Apple Store and 4.6 on Google Play 3 83 pts NPS of Porto Seguro Auto 82 pts NPS of Azul Seguros Auto 81 pts Porto Seguro Homeowner NPS 72 pts NPS and 50% of Card clients redeemed points on Porto products Awards Strongest brand - Brand Finance 1 st strongest brand in the country Top of Mind 1 st place in the Insurance category (Brazil) ESG - Brand Finance Only company in the top 3 in the three ESG pillars Interbrand Top 15 most valuable brands in the country GPTW Top 7 companies to work for Operating Highlights 2Q26 Earnings Release 2Q26 Notes: (1) The number of brokers considers all broke rs who had at least one sale in the last 12 months. As of 2Q26, this amount covers distinct brokers, excl uding sales of mass-market products and considering in Porto Serviço only sales through links sent by the broker (2) Consi ders the Porto and Porto Saúde apps. As of 3Q23 we started to adopt the concept of using the app in the last 12 months / (3) Position as of July 23, 2026 / (3) Position as of July 23, 2026
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34 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. PORTO EARNINGS RELEASE CAROLINA Accounting Release 15 Years with Porto
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35 (amounts expressed in millions of reais) (amounts expressed in millions of reais) (a) Excluding the effects of the improvement in the Con sortium’s revenue and cost deferral method, Total Re venue would be R$ 11.0 billion in 2Q26 (+11% vs. 2Q25) and R$ 21.6 billion in 1S26 (+10% VS. 1S25). (b) Credit Losses from Credit Card, Loans and Financi ng and Financial Risks' operations. (c) Corporate results are impacted by the adoption of the IFRS 17/CPC 50 standard, bringing changes to accounting practices, affecting insurance results. For management results purposes, insurance results remain accounted for according to the IFRS 4/CPC 11 accounting standard, in accordance with SUSEP standards. Earnings Release 2Q26 Management Income Statement – Breakdown 2Q26 and 2Q25 2Q26 2Q25 2Q26 Parent Company and Others Service Bank Healthcare Insurance Porto Seguro S.A.'S Income Statement 10,903.2 139.9 659.0 1,872.0 2,343.3 5,888.9 Total Revenue (Retained Premium + Other Revenues) (a) 8,179.6 1.7 - - 2,303.1 5,874.8 Retained Premium 7,929.6 4.9 - - 2,281.2 5,643.5 Earned Premium (insurance and healthcare vertical) 2,723.6 138.2 659.0 1,872.0 40.2 14.1 Non-insurance revenues (a) (4,523.8) (1.7) - - (1,753.5) (2,768.7) Retained Net Claims (867.2) 1.2 - (868.4) - - Credit losses (b) (1,980.5) (22.4) (40.4) (276.1) (185.4) (1,456.2) Commission (333.4) (26.3) (33.1) (97.7) (25.6) (150.7) Tax Expenses (687.0) (12.7) (403.8) (147.5) (44.9) (78.2) Operating Expenses (1,165.7) (163.8) (70.7) (233.7) (122.6) (575.0) Administrative Expenses 1,095.5 (82.5) 111.0 248.6 189.5 628.9 Operating Income 387.1 60.3 2.2 - 88.3 236.3 Financial Results (10.8) 0.0 (7.7) - - (3.2) Amortization of Intangible Assets 1,471.8 (22.1) 105.5 248.6 277.9 862.0 EBIT (340.5) 125.2 (31.0) (69.7) (91.0) (274.0) Income Tax and Social Contribution (283.8) (50.6) (17.1) (40.9) (43.0) (132.2) Profit Sharing (7.2) - (7.2) - - - Non-controlling shareholders in subsidiaries 0.3 0.5 - (0.2) - 0.0 Result from investee companies and subsidiaries 840.6 53.0 50.2 137.8 143.9 455.8 Net Income (Ex-adoption of IFRS 17) 38.8 38.8 - - - - IFRS17 adjustment (c) 879.4 91.8 50.2 137.8 143.9 455.8 Net Income 28.7% - 35.1% 33.6% 38.7% 37.5% Effective Income Tax over Net Income (before tax) a nd after Profit Sharing (c) 15,933.8 - 790.2 3,373.4 2,395.8 5,541.1 Average Shareholders’ Equity 22.1% - 25.4% 16.3% 24.0% 32.9% ROAE 2Q25 Parent Company and Others Service Bank Healthcare Insurance Porto Seguro S.A.'S Income Statement 9,879.7 114.9 624.4 1,662.7 2,047.8 5,430.0 Total Revenue (Retained Premium + Other Revenues) (a) 7,428.1 1.2 - - 2,010.0 5,416.9 Retained Premium 7,417.8 5.5 - - 1,999.3 5,413.1 Earned Premium (insurance and healthcare vertical) 2,451.5 113.7 624.4 1,662.7 37.7 13.1 Non-insurance revenues (a) (4,278.0) (3.1) - - (1,545.3) (2,729.6) Retained Net Claims (520.2) (1.0) - (519.2) - - Credit losses (b) (1,788.2) (16.9) (44.7) (264.8) (145.6) (1,316.2) Commission (344.9) (29.9) (29.1) (107.9) (22.4) (155.5) Tax Expenses (684.3) (12.0) (384.6) (148.7) (70.7) (68.3) Operating Expenses (1,096.6) (161.9) (50.0) (231.5) (99.8) (553.3) Administrative Expenses 1,157.3 (105.6) 116.0 390.5 153.1 603.3 Operating Income 376.0 113.2 0.4 - 45.3 217.1 Financial Results (10.8) 0.0 (7.7) - - (3.2) Amortization of Intangible Assets 1,522.5 7.6 108.6 390.5 198.4 817.3 EBIT (349.7) 124.9 (36.4) (124.1) (60.5) (253.6) Income Tax and Social Contribution (292.1) (51.7) (15.5) (62.7) (32.4) (129.9) Profit Sharing (11.7) - (11.7) - - - Non-controlling shareholders in subsidiaries 0.0 (0.8) - 0.3 - 0.5 Result from investee companies and subsidiaries 869.1 80.0 45.1 204.1 105.5 434.4 Net Income (Ex-adoption of IFRS 17) 9.0 9.0 - - - IFRS17 adjustment (c) 878.1 89.0 45.1 204.1 105.5 434.4 Net Income 28.4% - 39.1% 37.8% 36.4% 36.9% Effective Income Tax over Net Income (before tax) a nd after Profit Sharing (c) 14,266.5 - 841.4 2,961.9 1,886.3 5,579.1 Average Shareholders’ Equity 24.6% - 21.5% 27.6% 22.4% 31.1% ROAE
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36 Earnings Release 2Q26 Management Income Statement – Breakdown 1S26 and 1S25 1S26 1S25 (amounts expressed in millions of reais) (amounts expressed in millions of reais) (a) Excluding the effects of the improvement in the Con sortium’s revenue and cost deferral method, Total Re venue would be R$ 11.0 billion in 2Q26 (+11% vs. 2Q25) and R$ 21.6 billion in 1S26 (+10% VS. 1S25). (b) Credit Losses from Credit Card, Loans and Financi ng and Financial Risks' operations. (c) Corporate results are impacted by the adoption of the IFRS 17/CPC 50 standard, bringing changes to accounting practices, affecting insurance results. For management results purposes, insurance results remain accounted for according to the IFRS 4/CPC 11 accounting standard, in accordance with SUSEP standards. 1S26 Parent Company and Others Service Bank Healthcare Insurance Porto Seguro S.A.'S Income Statement 21,487.1 222.1 1,332.9 3,731.4 4,604.1 11,596.5 Total Revenue (Retained Premium + Other Revenues) (a) 16,097.5 2.9 - - 4,525.3 11,569.3 Retained Premium 15,673.3 8.8 - - 4,496.4 11,168.1 Earned Premium (insurance and healthcare vertical) 5,389.6 219.1 1,332.9 3,731.4 78.8 27.3 Non-insurance revenues (a) (8,871.3) (0.9) - - (3,280.5) (5,589.9) Retained Net Claims (1,593.0) 3.3 - (1,596.3) - - Credit losses (b) (3,834.6) (63.9) (77.8) (503.5) (360.7) (2,828.8) Commission (652.8) (69.0) (64.8) (211.0) (60.1) (248.0) Tax Expenses (1,394.7) (21.2) (826.0) (314.9) (91.4) (141.1) Operating Expenses (2,341.9) (332.4) (135.4) (487.0) (253.1) (1,134.0) Administrative Expenses 2,374.6 (256.2) 229.0 618.7 529.4 1,253.7 Operating Income 694.0 48.1 5.1 - 169.6 471.2 Financial Results (21.7) 0.0 (15.4) - - (6.3) Amortization of Intangible Assets 3,046.9 (208.0) 218.8 618.7 699.0 1,718.5 EBIT (520.8) 488.4 (65.6) (183.3) (232.0) (528.3) Income Tax and Social Contribution (548.1) (39.0) (35.2) (98.6) (107.4) (267.8) Profit Sharing (14.8) - (14.8) - - - Non-controlling shareholders in subsidiaries 14.6 1.6 - 12.5 - 0.5 Result from investee companies and subsidiaries 1,977.9 243.0 103.2 349.3 359.6 922.9 Net Income (Ex-adoption of IFRS 17) 35.6 35.6 - - - - IFRS17 adjustment (c) 2,013.4 278.5 103.2 349.3 359.6 922.9 Net Income 20.8% - 35.7% 35.2% 39.2% 36.4% Effective Income Tax over Net Income (before tax) a nd after Profit Sharing (c) 15,933.8 - 790.2 3,373.4 2,395.8 5,541.1 Average Shareholders’ Equity 25.3% - 26.1% 20.7% 30.0% 33.3% ROAE 1S25 Parent Company and Others Service Bank Healthcare Insurance Porto Seguro S.A.'S Income Statement 19,608.8 240.6 1,294.1 3,223.5 4,012.3 10,838.2 Total Revenue (Retained Premium + Other Revenues) (a) 14,760.1 11.5 - - 3,937.1 10,811.5 Retained Premium 14,568.6 16.6 - - 3,871.8 10,680.2 Earned Premium (insurance and healthcare vertical) 4,848.6 229.1 1,294.1 3,223.5 75.3 26.6 Non-insurance revenues (a) (8,424.3) (18.7) - - (2,852.1) (5,553.5) Retained Net Claims (1,023.3) (0.6) - (1,022.7) - - Credit losses (b) (3,499.9) (23.1) (98.5) (505.9) (271.8) (2,600.5) Commission (673.3) (56.5) (59.1) (212.8) (51.1) (293.8) Tax Expenses (1,357.4) (18.7) (789.2) (284.3) (108.9) (156.3) Operating Expenses (2,172.8) (316.4) (96.5) (449.1) (197.1) (1,113.5) Administrative Expenses 2,266.3 (188.3) 250.7 748.6 465.9 989.3 Operating Income 758.6 259.9 8.1 - 79.5 411.1 Financial Results (22.1) 0.0 (15.7) - - (6.3) Amortization of Intangible Assets 3,002.9 71.6 243.1 748.6 545.4 1,394.1 EBIT (738.5) 174.4 (81.6) (235.0) (172.7) (423.6) Income Tax and Social Contribution (550.3) (81.4) (38.0) (120.5) (87.6) (222.9) Profit Sharing (24.8) - (24.8) - - - Non-controlling shareholders in subsidiaries (0.1) (3.4) - 3.2 - 0.1 Result from investee companies and subsidiaries 1,689.1 161.3 98.7 396.2 285.1 747.8 Net Income (Ex-adoption of IFRS 17) 21.2 21.2 - - - IFRS17 adjustment (c) 1,710.3 182.5 98.7 396.2 285.1 747.8 Net Income 30.1% - 39.8% 37.4% 37.7% 36.2% Effective Income Tax over Net Income (before tax) a nd after Profit Sharing (c) 14,266.5 - 841.4 2,961.9 1,886.3 5,579.1 Average Shareholders’ Equity 24.0% - 23.5% 26.8% 30.2% 26.8% ROAE
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37 Porto Seguro S.A. and subsidiaries Balance sheets at June 30, 2026 and 2025 (amounts expressed in millions of reais) Earnings Release 2Q26 Balance Sheet – IFRS 17 06/30/2025 06/30/2026 Assets 33,320.3 36,148.9 Current assets 1,897.9 1,821.8 Cash and cash equivalents Financial instruments 8,783.7 9,217.1 Stated at fair value through profit or loss 1,753.1 3,447.5 Measured at amortized cost 16,654.6 17,070.1 Loans and receivables (at amortized cost) 82.1 108.6 Reinsurance contract assets 718.3 722.6 Accounts receivable from provision of services 959.3 1,090.2 Tax assets recoverable 140.3 187.4 Goods for sale 931.1 916.1 Deferred acquisition costs 104.1 96.9 Derivative financial instruments 1,295.8 1,470.6 Other assets 22,544.7 22,772.0 Non-current assets Noncurrent assets Financial instruments 2.9 3.1 Stated at fair value through profit or loss 1,966.7 1,981.4 Measured at fair value through other comprehensive income 9,198.0 8,776.4 Measured at amortized cost 1,052.1 1,039.0 Loans and receivables (at amortized cost) 17.3 13.0 Reinsurance contract assets 1,378.3 1,670.9 Deferred tax assets Tax assets recoverable 1,875.9 2,074.3 Deferred acquisition costs 1,511.3 1,523.2 Judicial deposits 79.6 104.3 Other assets Investments 251.1 289.8 Interest in associated companies and jointly-controlled entities 40.5 43.0 Other investments 242.0 207.0 Real estate for investments 936.3 916.4 Fixed assets 3,911.8 4,044.2 Intangible assets 80.9 86.0 Right-of-use asset 55,865.0 58,920.9 Total assets Liabilities and shareholders’ equity 26,585.5 28,116.1 Current liabilities 6,112.5 6,396.3 Insurance contract liabilities 15,630.7 17,196.5 Financial liabilities 654.4 596.4 Tax liabilities payable 731.3 1,073.1 Dividends and interest on capital payable — 0.1 Derivative financial instruments 20.1 30.1 Lease liabilities 3,436.5 2,823.5 Other liabilities 13,408.3 14,581.4 Non-current liabilities 4,894.6 5,053.9 Insurance contract liabilities 5,600.5 6,533.0 Financial liabilities 692.3 806.1 Deferred tax liabilities 110.5 107.9 Lease liabilities 1,420.8 1,456.5 Judicial provision 689.5 624.0 Other liabilities 15,871.2 16,223.4 Shareholders' equity 8,500.0 8,500.0 Capital 5,777.8 5,752.3 Revenue reserves: (198.0) (173.2) (-) Treasury shares 5,975.8 5,925.5 Revenue reserves – other 639.3 639.3 Capital reserves 885.8 — Additional proposed dividends (61.7) (102.7) Other comprehensive income — 1,337.5 Accumulated income 130.0 97.0 Non-controlling interest 55,865.0 58,920.9 Total liabilities and shareholders' equity
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38 Earnings Release 2Q26 Income Statement IFRS 17 and Income Statement for Other Businesses Income Statement IFRS 17 (amounts expressed in millions of reais) Income Statement – Parent Company and Others (amounts expressed in millions of reais) Δ % / p.p. 1S25 1S26 Δ % / p.p. 1Q26 Δ % / p.p. 2Q25 2Q26 Income Statement– Parent Company and Others (74.7) 11.5 2.9 32.1 1.3 38.7 1.2 1.7 Retained Premium (46.8) 16.6 8.8 23.4 3.9 (11.7) 5.5 4.9 Earned Premium (4.3) 229.1 219.1 70.8 80.9 21.6 113.7 138.2 Non-Insurance Revenues (95.2) (18.7) (0.9) (319.6) 0.8 (46.4) (3.1) (1.7) Retained Net Claims - (0.6) 3.3 (42.7) 2.1 (225.6) (1.0) 1.2 Credit losses 177.1 (23.1) (63.9) (45.9) (41.5) 32.9 (16.9) (22.4) Commission 22.2 (56.5) (69.0) (38.6) (42.8) (12.1) (29.9) (26.3) Tax Expenses 13.6 (18.7) (21.2) 47.3 (8.6) 5.1 (12.0) (12.7) Operating Expenses 5.0 (316.4) (332.4) (2.8) (168.6) 1.1 (161.9) (163.8) Administrative Expenses 36.1 (188.3) (256.2) (52.5) (173.7) (21.9) (105.6) (82.5)Operating Result (81.5) 259.9 48.1 - (12.2) (46.7) 113.2 60.3 Financial Results (390.4) 71.6 (208.0) (88.1) (185.9) (390.3) 7.6 (22.1) EBIT 180.1 174.4 488.4 (65.5) 363.2 0.3 124.9 125.2 Income Tax and Social Contribution (52.1) (81.4) (39.0) - 11.6 (2.0) (51.7) (50.6) Profit Sharing (146.1) (3.4) 1.6 (49.0) 1.0 (162.6) (0.8) 0.5 Result from investee companies and subsidiaries 50.7 161.3 243.0 (72.1) 190.0 (33.8) 80.0 53.0 Result (Ex-adoption of IFRS 17) 67.7 21.2 35.6 - (3.2) 333.0 9.0 38.8 IFRS 17 adjustment 52.6 182.5 278.5 (50.9) 186.8 3.2 89.0 91.8 Result Δ % / p.p. 1S25 1S26 Δ % / p.p. 1Q26 Δ%/p.p. 2Q25 2Q26 Revenues 7.0 15,697.5 16,793.7 1.7 8,325.6 6.0 7,989.0 8,468.0 Revenue from insurance contract 17.1 2,254.4 2,640.5 (0.0) 1,320.2 14.2 1,156.3 1,320.1 Revenue from loans 14.6 1,747.5 2,003.1 9.1 957.8 19.5 874.7 1,045.2 Revenue from services rendered 19.4 54.3 64.8 9.9 30.9 21.6 27.9 33.9 Revenue from premium bonds 70.5 141.1 240.7 19.4 109.7 81.8 72.0 131.0 Other operating revenues 19.3 32.4 38.7 (58.0) 27.3 (22.2) 14.7 11.4 Equity in net income of subsidiaries 9.3 19,927.3 21,781.3 2.2 10,771.5 8.6 10,134.6 11,009.7 Expenses 5.6 (12,189.1) (12,866.7) 2.9 (6,341.5) 5.3 (6,194.6) (6,525.2) Insurance contract expense (48.3) (37.1) (19.2) (57.7) (13.5) (81.3) (30.6) (5.7) Net expense with reinsurance/retrocession contracts (37.0) (420.3) (264.9) (12.0) (141.5) (40.1) (208.1) (124.6) Acquisition costs - other 5.2 (2,926.5) (3,079.3) 1.7 (1,526.6) 3.6 (1,498.4) (1,552.7) Administrative expense 0.0 (570.6) (570.8) 3.2 (280.9) (1.1) (293.0) (289.9) Tax expense 18.2 (167.4) (197.9) 80.7 (70.5) 44.6 (88.1) (127.4) Cost of services rendered 55.4 (1,958.9) (3,044.1) 11.1 (1,441.5) 59.9 (1,001.4) (1,601.3) Other Operating Expenses 9.7 (18,269.9) (20,043.0) 4.2 (9,816.1) 9.8 (9,314.2) (10,226.7) 4.9 1,657.4 1,738.4 (18.0) 955.4 (4.6) 820.4 783.0 Operating income before financial result 17.0 1,024.9 1,198.9 21.7 540.7 29.9 506.5 658.2 Financial revenue 92.1 (200.4) (385.0) 24.1 (171.8) 126.6 (94.1) (213.2) Financial expense (1.3) 824.5 813.9 20.7 368.9 7.9 412.5 445.0 2.8 2,481.8 2,552.3 (7.3) 1,324.3 (0.4) 1,232.9 1,228.0 Operating income 2.8 2,481.8 2,552.3 (7.3) 1,324.3 (0.4) 1,232.9 1,228.0 Income before income tax and social contribution (29.8) (746.7) (524.0) 86.9 (182.7) (0.5) (343.2) (341.4) Income tax and social contribution (22.4) (901.0) (699.0) (37.0) (428.9) (55.3) (604.4) (270.0) Current 13.3 154.4 175.0 (129.0) 246.3 (127.3) 261.3 (71.3) Deferred 16.9 1,735.2 2,028.3 (22.3) 1,141.6 (0.3) 889.7 886.6 Net income for the period Attributable to: 17.7 1,710.3 2,013.4 (22.5) 1,134.0 0.2 878.1 879.4 - Company's shareholders (40.3) 24.8 14.8 (5.2) 7.6 (38.2) 11.7 7.2 - Effect of non-controlling shareholders in subsidiaries (9.6) 30.1% 20.5% 101.5 13.8% (0.0) 27.8% 27.8% Effective IR and CS rate on income (loss) before taxes
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39 06/30/2025 06/30/2026 609.2 1,232.4 Net cash generated/consumed in operating activities 2,379.2 1,951.7 Cash generated in operations 1,735.2 2,028.3 Net income for the period 49.8 52.1 Depreciation 164.9 165.1 Amortization (32.4) (38.7) Equity in net income of subsidiaries 567.6 (262.3) Asset impairment loss 174.5 72.7 Judicial provision (28.3) 0.6 Proceeds from sale of fixed assets 252.1 66.1 Deferred tax assets / liabilities (999.4) 53.6 Changes in assets and liabilities (219.6) (433.6) Financial instruments stated at fair value through profit or loss (1,139.8) 406.9 Financial instruments – other categories 11.3 (22.2) Insurance and reinsurance contract assets (1,611.1) (1,711.8) Loans and receivables (60.7) (423.5) Tax assets recoverable (33.9) (38.2) Goods for sale (180.1) (183.4) Deferred acquisition costs (34.3) (11.9) Judicial deposits (173.5) (123.0) Other assets 2.4 2.2 Lease operations 688.4 443.1 Insurance and reinsurance contract liabilities 1,474.2 2,271.8 Financial liabilities 60.3 7.3 Derivative financial instruments 702.6 517.6 Tax liabilities payable (31.5) (36.9) Payment of legal provisions (454.2) (610.8) Other liabilities (770.6) (772.9) Other (9.9) (41.0) Other comprehensive income (64.9) (47.8) Non-controlling interest (627.8) (575.6) Income Tax and Social Contribution paid (67.9) (108.6) Funding interest paid - - (196.5) (330.4) Net cash from investment activities 49.2 (2.5) Sale of fixed and intangible assets (78.2) (39.3) Acquisition of fixed assets (167.5) (288.6) Acquisition of intangible assets (540.9) (978.2) Net cash from financing activities (89.7) (217.9) Repurchase - treasury shares 1,154.5 1,492.0 Fundraising (955.3) (1,157.0) Payment of loans and leases (except interest) (650.4) (1,095.3) Dividends and interest on capital paid (128.2) (76.2) Increase/(decrease) in cash and cash equivalents 2,191.5 1,897.9 Opening balance of cash and cash equivalents 2,063.3 1,821.8 Closing balance of cash and cash equivalents Earnings Release 2Q26 Cash Flow Statements – IFRS17 Cash flow statements for the periods ended June 30, 2026 and 2025 (amounts expressed in millions of reais)
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40 2Q26 EARNINGS RELEASE PORTO SEGURO S.A. ESG and Strengthening Ecosystem PORTO EARNINGS RELEASE GABRIEL BORTOLETO
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41 (1) Considers the products and services Auto Insurance by Subscription, Auto Insurance for Electric and Hybrid Cars, Compact Auto Insurance, Light Auto Insurance, Theft Auto Insurance, Essential Insurance, a nd Loans and Financing for companies with CNAEs of pos itive social and environmental impact since the beginning of 2025, at the time that Regenera starte d./ (2) Compile the initiatives of: Professional Qua lification Courses + Apprentice + Pre-Training of Porto Institute. / (3) Compiles data from Crescer Sempre's professional qualification courses (assistance, marketing, beauty and aesthetics, electrical and plumbing and English courses / (4) Cons idering the active students in early childhood education, elementary school and high school. Productive Inclusion Initiatives (1S26) 2: Porto Institute • Started: 416 people • Graduates: 339 people • Employees: 131 people Associação Crescer Sempre 3 • Started: 144 • Graduates: 144 Associação Crescer Sempre 4 • Active students: 690 • Psychotherapy Care: 81 people Productive Inclusion | Instituto Po1o In a strategic partnership between Porto (claims area), Sindirepa MG, Senai MG, Akzo Nobel, and ASSPROM, the Instituto Porto has started the Automotive Assembler course in Belo Horizonte. With a total workload of 188 hours, the free project, which provides food and transportation resources to the students, combines Senai's excellent technical training with behavioral support based on Porto Culture. Aiming at the productive inclusion of people in social vulnerability, the project proposes to train 20 people and include them in the automotive market of the Porto ecosystem. Climate and Circularity Strategy In the Climate and Circularity Strategy pillar of Regenera (Porto's Sustainability Strategy), we had the expansion of Renova Ecopeças , a pioneer in automotive recycling. The recycler, which in 2025 already reached the record of dismantling 3,400 vehicles and reusing 70,000 items, inaugurated a new operational structure of 9,500 m² and doubled the capacity of its inventory to store more than 40,000 parts, in addition to enabling the dismantling of more than 10,000 vehicles per year. The initiative continues the maturation of the business model. Learn more about Renova's current situation, as well as its results and target in the 2025 Sustainability Report and Notebook . Sustainable products and solutions At the same time, the effects of phenomena such as El Niño and the increase in extreme events highlight the need to focus on the pillar of Sustainable Products and Solutions. In a domestic scenario where about 91% of the R$ 184 billion in losses from recent climate disasters were uninsured, Porto took an active role in the mitigation of these vulnerabilities. The company has been adapting and expanding its product portfolio to cover more and more climate risks and ensure greater asset protection and recovery capacity for customers and Companies. This line of work directly contributes to Regenera's target of selling R$ 13 billion in products with positive social and environmental impact by 2030. At the end of April, we released our Sustainability Report , with the main progress of the 2025 agenda. To access it, please visit the website: https://ri.portoseguro.com.br/governanca- corporativa/sustentabilidade/ 402.8 603.2 452.0 458.5 527.4 2Q25 3Q25 4Q25 1Q25 2Q26 Revenue and Premium from Sustainable Products and Businesses (R$ million) Earnings Release 2Q26 R$ 985 M Revenue and Premiums from Sustainable Businesses 1 (1S26) Main social and environmental indicators 523 K Volume of Sustainable Products and Businesses Sold 1 (1S26) Evolution of Revenue and Premiums from Sustainable Products and Businesses 1 52.1K Items donated to the Institute and distributed to partner institutions (1S26) Porto Institute and Initiatives 636 Volunteers in 60 different activities (1S26) Education Initiatives (1S26): Porto Institute • Psychological and pedagogical care: 578 • Active students: 180 people
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42 With the start of the 2026 Formula 1 season, we are strengthening our presence on the main stage of wo rld motorsport. We celebrate the continuation of our sp onsorship of the São Paulo GP, supported by us sinc e 2022, and the partnership since 2024 with driver Gabriel Bortoleto. We were proud to be the only Brazilian b rand to support it, in a movement that consolidated our str ategy of valuing car culture. To further strengthen this pillar, we launched a campaign starring Gabriel Bortoleto and his brother, Enzo. The film, which premiered on broadcast TV, highlighted how ca re, our main pillar, was present at every stage of the pilot and his family's journey. We also expanded the level of care for our customer s. In another step of our expansion strategy, we ha ve improved the assistance service already offered dur ing the early morning hours and brought the guarant ee of service within 15 minutes to São Caetano do Sul. Wi th this, our Auto Insurance clients now have the se rvice provider arriving within 15 minutes, between 10 p.m. and 5 a.m., ensuring more safety and agility in t he face of unforeseen events on the streets. In the second quarter of 2026, we reinforced our re lationship and proximity strategy with clients and brokers, expanding the brand strength of our ecosystem of products and services in activation te rritories: In May and June, Porto Bank was present as the mast er sponsor of Taste São Paulo , one of the largest gastronomic festivals in the world. Over 80,000 people visited Porto's space during the 10 days of the event, and clients enjoyed a series of benefits, such as a 25% discount on tic ket purchases, exclusive fast pass entry, exclusive gifts, activations in restaurants, and reserved spaces in classes and content experiences. The vertical also hosted a special class with Do Pão ao Caviar at Fire Pit by Gastronomia Porto Bank and a pocket show by actress Mel Lisboa, the star of the play Rita Lee, a musical autobiography , which is still showing at Teatro Porto. Porto Bank continues its sponsorship of Blue Note , reinforcing its presence in important cultural hubs such as São Paulo and Rio de Janeiro and its commitment to offe ring differentiated and exclusive experiences to cu stomers. With great pride, we announce that we have been nam ed the strongest brand in Brazil and Latin America by the Brand Finance ranking. We also climbed positions am ong the most valuable, reaching 29 th place. Furthermore, Porto was also the only company to rank among the t op positions in all three ESG pillars evaluated by Brand Finance, reinforcing its consistent performance in topics related to sustainability and corporate gove rnance. These recognitions, coming from one of the most respected surveys in the market, reflect how much our positi oning is perceived in practice by customers, brokers, employees, partners, service providers, and Shareholders. Porto also held the second edition of Porto Day at Teatro Porto, an event aimed at shareholders, in vestors, and financial market analysts. During the agenda, Bruno Garfinkel, Chairman of the Board of Directors, Pau lo Kakinoff, CEO of the Porto Group, and company executives pres ented the main indicators, projections, and plans o f the company to the audience present. In the relationship department, we held the awards ceremony for the Fecha com a Porto campaign, bringing together more than 90 brokers from all over Brazil in a unique celebration in Rio de Janeiro. Still fo cusing on our sales force, we promoted another stage of Fecha Regional to recognize the brokers with the best performances. We provided them with a VIP experience at the Americana Cowboy Festival , one of the main events on the country music calendar in the country, and we also made an appearance at the World's Largest São João Festival in Campina Grande, turning our care into unforgettable experiences for our partners. As part of our health and wellness initiatives, we kicked off the 2026 Blue Run season in Brasília, later bringing the circuit to São Paulo and Piracicaba. These races ma terialized our preventive health strategy, connecti ng the brand to the public through the incentive to well-being. Earnings Release 2Q26 Strengthening Porto Group Activation platform Car Culture Entertainment Institutional Welfare and Health
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43 Po1o Seguro Ve1ical (page 7) : composed of Auto, P&C, Life and Uruguay P&C (page 10): composed mainly by Commercial, Homeowner, Real Estate, Condominium, Transport, Rural, Liabilities, Events, Machinery and Equipment, Cell Phone and Bike Po1o Saúde (page. 13): composed of Commercial Health, Dental Insurance, Portomed, Administrative Services and Occupational Health Po1o Bank (page. 17) : Composed of Credit Card and Financing, Financial Risks, Consortium, Asset Management, Capitalization and Pension Plan E6 ciency Ratio: (Operating and Administrative Expenses - Rewards) / (Revenue net of taxes – Commission – Rewards) Financial Revenue (Financial Margin): Income mainly from interest on invoice installments and revolving card and income from interest on financing and loans (E&F), discounting financial expenses (funding cost). Other Revenues (Fee-Based) : Revenues mainly from interchange, card annual fees, consortium fees and charges Loan Po1folio (pages 19 to 21): NII: Financial Revenue - Financial Expenses - Loan Operation Fee NIM: (NII x 4) / Average Spread Sensitive Portfolio Risk-adjusted NIM: (NII – Loss x 4) / Average Spread Sensitive Portfolio NPL Ratio (Over 90): Ratio between the balance of the portfolio overdue by more than 90 days and the total portfolio balance (limited to delays of up to 360 or 540 days) Stage 3: Applicable to assets with credit recovery issues, evidenced by a delay of more than 90 days in the payment of principal or charges or by the indication that the respective obligation will not be fully honored. NPL Formation: (Expected losses + Write-Off to Loss Net of Recoveries) / Total Balance of Portfolio Credit cost: Credit Losses / Average Loan Portfolio Coverage Ratio: ADA / Overdue portfolio balance Credit Loss on Net Revenue: Credit Loss Expense (IFRS) / Income from Financial Intermediation Allowance for Doubtful Debts - Losses/Provisions fo r Loan Losses (up to 360 days overdue): R$ 1.647 million in 2Q26 e R$ 1.813 million in 2Q25 Financial and operational summary – Po1o Bank (Page 24): E8 ect of Resolution 4966: In light of the new resolution, there was an adjustment in the stop accrual methodology model from 60 to 90 days. IFRS9 e8 ect: In August 2023, new IFRS 9 provisioning models were implemented for credit products, considering a write- off period of 540 days (previous models considered write-off periods of 1,890 days for Credit Cards and 1,620 days for Loans and financing). Pension plan (page 23): E8 ective Revenue : pension plan contribution income (accumulation + risk) + VGBL premiums Assets under Management : considers only participant resources Po1o Serviço (page 25): segmented between Porto Seguro Partnership, Strategic Partnerships, and Digital Products, mainly offering assistance services for Households, Companies, and Vehicles. Financial Result (page 29 and 30): Financial Result of Pension Plan Operations: Result mainly from the monetary restatement of pension plan liabilities Investments/Capex (page 31): “ System Development and Other Intangibles”, “Hardware and Software”, “Furniture, Equipment and Vehicles” and “Real Estate”. Earnings (page 32): Payout: Total proceeds distributed (dividends and interest on capital) / Net Income Dividend Yield : Total earnings distributed in the period (per share) / Share price on the last day of the period Earnings Release 2Q26 Appendix
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44 Alameda Barão de Piracicaba, 740 – 11º andar – São Paulo, SP https://ri.portoseguro.com.br gri@portoseguro.com.br