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Table of Contents CIST Make Their Tomorrow CI & T Reports Third Quarter Financial Results CI & T 3Q21 Earnings Release Campinas , Brazil – December 1 , 2021 / Business Wire NX / - CI & T ( " Company " , NYSE : CINT ) , a global digital specialist , today announces its results for the third quarter of 2021 ( 3Q21 ) and for the nine months ended September 30 , 2021 ( 9M21 ) . For comparison reasons , we refer to the results for the third quarter of 2020 ( 3Q20 ) and for the nine months ended September 30 , 2020 ( 9M20 ) . Our financial results from 3Q21 and 9M21 contemplate the consolidation of Dextra as of August 10 , 2021 , while our pro forma results consider the acquisition of Dextra as if the acquisition had occurred on January 1 , 2021 . 3Q21 Highlights : Net revenue of R $ 376.0 million , a 55 % growth year - over - year ( 57 % in constant currency basis ) . 44 % net revenue growth in the U.S. market compared with 3Q20 . Pro forma net revenue of R $ 411.1 million . Cesar Gon , CEO of CI & T , commented " This is our first earnings release since we became a publicly traded company a few weeks ago and I would like to thank all investors for your trust and support throughout this process . In a total offering of US $ 225 million , CI & T raised US $ 157 million in net proceeds , which we intend to use to fund our continuous growth . We are very excited to present a robust 55 % year - over - year net revenue growth in the quarter with consistent profitability , even compared to a solid 3Q20 results . This growth was boosted by higher demand from existing clients combined with the addition of new clients to our portfolio , representing our 21st consecutive quarter of net revenue growth . We continue to observe a strong demand environment and we expect our net revenue in the fourth quarter of 2021 to be at least R $ 440.0 million , a 66 % growth year - over - year . " On August 10 , 2021 , we concluded the acquisition of Dextra , a company based in Brazil focused on customized software development and an expert in combining design methodologies , agile development and data science to deliver digital products to its clients . With a solid client portfolio , Dextra will allow us to further diversify our client base , as well as strengthen our ability to deliver high quality services to our clients . The number of clients with net revenue above R $ 1 million in the last twelve months ( LTM ) grew from 62 in 2Q21 to 75 in the quarter in all regions ( Latam , North America , Europe and APAC ) , which we expect will contribute to foster our revenue growth in the following years . In terms of geographies , all regions are on a growth trajectory , with the USA continuing to be a fast growing market , with a 44 % growth in the period . We onboarded 1,364 net new employees during 3Q21 , including 1,167 from Dextra , totaling 5,398 CI & Ters by the end of the quarter . We continue to develop our people training actions ( CI & T University ) , fostering career opportunities and growth at all levels . During the quarter , we began a new R & D joint project , named Cognitive Lab ( C - Lab ) , along with UNICAMP , one of the most respected Brazilian universities , and a few CI & T clients , to develop machine learning tools on human dialogues , aimed at automating customer service processes . 2