PagSeguro Digital Ltd. (NYSE:PAGS) Q4 2022 Earnings Conference Call March 2, 2023 5:00 PM ET

Company Participants

Eric Oliveira - Investor Relations and ESG Director

Ricardo Dutra - Chief Executive Officer, UOL Group

Alexandre Magnani - Chief Executive Officer

Artur Schunck - Chief Financial Officer

Conference Call Participants

Mario Pierry - Bank of America

Bryan Keane - Deutsche Bank

Josh Siegler - Cantor Fitzgerald

Pedro Leduc - Itau BBA

Domingos Falavina - JPMorgan

Neha Agarwala - HSBC

Tito Labarta - Goldman Sachs

Sheriq Sumar - Evercore

James Friedman - Susquehanna

Alex Markgraff - KeyBanc

Geoffrey Elliott - Autonomous

Jeff Cantwell - Wells Fargo

Operator

Good evening. My name is Nihuge, and I will be your conference operator today. Welcome to PagBank PagSeguro's webcast results for the Third [sic] [Fourth] Quarter 2022. At this time, all lines have been placed on mute to prevent any background noise. [Operator Instructions] This event is also being broadcast live via webcast and may be accessed through PagBank PagSeguro’s 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, Investor Relations and ESG Director. Please, go ahead.

Eric Oliveira

Hi everyone. Thanks for joining our fourth quarter 2022 earnings 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 PagBank PagSeguro’s current assumptions, expectations, and projections about future events.

While PagBank PagSeguro 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 PagBank PagSeguro’s 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 PagBank PagSeguro’s most recent Annual Report on Form 20-F and other filings with the Securities and Exchange Commission, which are available on PagBank PagSeguro’s investor relations website.

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.