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Mr. Frias has been a member of our board of directors since December 18, 2017, and as chairman since January 8, 2018. He joined Grupo Folha in 1981, was its principal executive officer from 1992 to 2019 and is currently the publisher of Grupo Folha. In 1996, he founded UOL, a pioneering Brazilian internet company. As founder, he has expanded UOL's business, through organic growth and dozens of acquisitions, to cover digital content and products, e-learning and cloud/IT services, as well as the PagSeguro financial technology business. He holds a bachelor's degree in economics from the University of Sao Paulo (Universidade de Sao Paulo).

Mr. Schunck has been a member of our board of directors since January 1, 2026. He also served as our chief financial officer, investor relations officer and chief accounting officer from November 18, 2020 to January 1, 2026. He held multiple positions in the finance department at the PagSeguro, acting as finance director from April 2015 to December 2025, where he led the finance, treasury, controllership, financial planning and analysis, logistics, financial services and credit products teams. From February 2014 to April 2015, he was the director of financial planning and treasury at UOL, and from September 1999 to December 2013 he held various financial management positions at Walmart Brasil Ltda., including director of financial planning & analysis and strategy. Mr. Schunck holds an MBA in business management from FGV in Sao Paulo, Brazil and a bachelor's degree in business administration from the Pontifical Catholic University of the State of Rio Grande do Sul (Pontificia Universidade Catolica do Rio Grande do Sul) in Porto Alegre, Brazil.

Mr. Dutra has served as our principal executive officer since January 2, 2023. He also served as a member of our board of directors from December 18, 2017 to January 2, 2023. He was one of our executive officers from December 18, 2017 to October 8, 2021, and he was our chief executive officer from October 8, 2021 to October 10, 2022. Prior to that, he served as chief marketing officer of Company Brazil from 2011 to 2016 and as executive officer of PagSeguro from 2016 to 2022. During that time, he also served as chief executive officer of Digital Content and Products from March 2016 to August 2019. Mr. Dutra worked for the UOL group from 1997 to 2005, holding management positions in operations, marketing and sales, and rejoined the group in 2009 as country manager at UOL Argentina in Buenos Aires, where he served until 2010. He holds a bachelor's degree in electrical/industrial engineering from the Industrial Engineering University (Centro Universitario da Faculdade de Engenharia Industrial - FEI), a post-graduate degree in business from FGV/SP, and a full-time MBA from Darden Graduate School of Business Administration at the University of Virginia. Prior to rejoining UOL, he was a management consultant at Bain & Company from 2007 to 2009.

Mr. Teixeira has been a member of our board of directors since January 1, 2019. Since August 2021, he has also been a member of Petros' investment committee. He holds a master's degree in Economics from FGV in Sao Paulo, or FGV/SP, and a bachelor's degree in Economics from the University of Sao Paulo (USP). From 2002 to 2004, he served as a commissioner of the Administrative Counsel for Economic Defense (Conselho Administrativo de Defesa Economica - CADE), the Brazilian antitrust agency, and from 1999 to 2002, he served as deputy secretary for Economic Monitoring (Secretaria de Acompanhamento Economico - SEAE) of the Brazilian Ministry of Finance, and as coordinator general of Trade and Services and Cartel Prosecution for the same department. In 2002, he was a member of the Federal Fund for the Defense of Collective Rights of the Brazilian Ministry of Justice, and from 2006 to 2008, he was Council of the Brazilian Institute of Economics (Instituto Brasileiro de Economia - IBRE) at FGV/SP. Since March 2003 he teaches courses on Microeconomics, Economic Analysis of Law, Antitrust, Regulation and Corporate Finance at the GVLaw graduate program at the Law School of FGV/SP, and a course in market regulation at the Foundation Institute of Economic Research (Fundacao Instituto de Pesquisas Economicas - FIPE). He is also the managing partner of Microanalysis Consultoria Economica, having worked on economic issues and coordinated projects in financial, regulatory and competition affairs in various sectors of the economy, including consultancy to both national and international government agencies, such as the Applied Economic Research Institute (Instituto de Pesquisa Economica Aplicada - IPEA), the United Nations Conference on Trade and Development (UNCTAD) and the World Bank.

Mr. Sechin has served as our chief financial officer and chief accounting officer since January 1, 2026. He previously served as Investor Relations director of the Company from September 2024 to December 2025. He also worked at Banco Santander S.A. from January 2011 to May 2024, where he held various leadership positions, including Head of Investor Relations of the Banco Santander S.A., Chief Financial Officer, Chief Risk Officer and Head of Legal and Compliance at Getnet Adquirencia e Servicos para Meios de Pagamentos S.A., and Head of Corporate Development and M&A at Banco Santander S.A. Prior to that, he worked as a senior equity analyst (sell side) at Votorantim Corretora S.A. from July 2008 to December 2010. Earlier in his career, he held positions in finance and planning at ABN Amro Bank, from 2002 to 2008. Mr. Sechin holds a bachelor's degree in accounting from the University of Sao Paulo and a postgraduate degree in finance from FGV in Sao Paulo, Brazil.

Mr. Mauad has served as our chief executive officer since January 1, 2026. He also has worked at PagSeguro, acting as officer of banking strategy and operations since September 2024. Mr. Mauad served as chief executive officer of MagaluBank from April 2023 to September 2024, and as chief executive officer of Banco Carrefour (Banco CSF S.A.) from January 2019 to April 2023. Earlier in his career, he served as country manager of Smiles S.A. from June 2016 to January 2019 and as commercial director from May 2013 to June 2016. He also worked at Citibank Brazil from 2006 to May 2013, where he held various leadership positions, including superintendent of acquisition and Citi@Work, head of new channels and operations manager. Mr. Mauad holds a bachelor's degree in control and automation engineering from the Federal University of Santa Catarina, an Executive MBA in Finance from IBMEC Sao Paulo, Brazil and completed the Advanced Management Program at INSEAD in France.