PagSeguro Digital Ltd. (NYSE:PAGS) Q2 2023 Earnings Conference Call August 24, 2023 5:00 PM ET

Company Participants

Eric Oliveira - Head, IR

Ricardo Dutra - Principal Executive Officer

Alexandre Magnani - CEO

Artur Schunck - CFO

Conference Call Participants

Mario Pierry - Bank of America

Pedro Leduc - Itau BBA

Jorge Kuri - Morgan Stanley

John Coffey - Barclays

Gabriel Gusan - Citi

Neha Agarwala - HSBC

Kaio Prato - UBS

Josh Siegler - Cantor Fitzgerald

Tito Labarta - Goldman Sachs

Operator

Good evening. My name is Kyle and I'll be your conference operator today. Welcome to PagSeguro Digital Earnings Conference Call for the Second Quarter of 2023. [Operator Instructions] This event is also being broadcast live via webcast and may be accessed through PagBank website at investors.pagseguro.com. Participants may view the slides in any order they wish. Today's conference is being recorded and will be available after the event is concluded.

I would now like to turn the call over to your host, Eric Oliveira, Head of IR. Please go ahead.

Eric Oliveira

Hello, everyone. Thanks for joining our second quarter 2023 earnings results call. After the speakers' remarks, there will be a question-and-answer session.

Before proceeding, let me mention that any forward-looking statements included in the presentation or mentioned on this conference call are based on currently available information and PagSeguro Digital's current assumptions, expectations, and projections about future events. While PagSeguro Digital believes that the assumptions, expectations, and projections are reasonable in view of currently available information, you are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those included in PagSeguro Digital's earnings presentation or discussed on this conference call, for a variety of reasons, including those described in the forward-looking statements and risk factor sections of PagSeguro Digital's most recent Annual Report on Form 20-F and other filings with the Securities and Exchange Commission, which are available on PagSeguro Digital's investor relations website at investors.pagbank.com.

Finally, I would like to remind you that during this conference call, the company may discuss some non-GAAP measures, including those disclosed in the presentation. We present non-GAAP measures when we believe that the additional information is useful and meaningful to investors. The presentation of this non-GAAP financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be considered separately from, or as a substitute for, our financial information prepared and presented in accordance with IFRS as issued by the IASB. For more details, the foregoing non-GAAP measures, and the reconciliation of these non-GAAP financial measures to the most directly comparable IFRS measures, are presented in the last page of this webcast presentation and earnings release.