StoneCo Ltd. (NASDAQ:STNE) Q2 2024 Results Conference Call August 14, 2024 5:00 PM ET

Company Participants

Roberta Noronha - Head of IR
Pedro Zinner - CEO
Lia Matos - Chief Strategy Officer and Chief Marketing Officer
Mateus Scherer - CFO and IR Officer

Conference Call Participants

Mario Pierry - Bank of America
Eduardo Rosman - BTG
Neha Agarwala - HSBC
Tiago Binsfeld - Goldman Sachs
Kaio Da Prato - UBS
Jorge Kuri - Morgan Stanley
Gustavo Schroden - Bradesco BBI
Yuri Fernandes - JP Morgan
Renato Meloni - Autonomous Research
Gabriel Gusan - Citi

Operator

Good evening, everyone. Thank you for standing by. Welcome to the StoneCo Second Quarter 2024 Earnings Conference Call. By now, everyone should have access to our earnings release. The company also posted a presentation to go along with its call. All material can be found online at investors.stone.co.

Throughout this conference call, the company will be presenting non-IFRS financial information including adjusted net income and adjusted net cash. These are important financial measures for the company but are not financial measures as defined by IFRS. Reconciliations of the company's non-IFRS financial information to the IFRS financial information appears in today's press release.

Finally, before we begin our formal remarks, I would like to remind everyone that today's discussion might include forward-looking statements. These forward-looking statements are not

guarantees of future performances and therefore you should not put undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause results to differ materially from the company's expectations. Please refer to the forward-looking statements disclosure in the company's earnings press release.

In addition, many of the risks regarding the business are disclosed in the company's Form 20-F filed with the Securities and Exchange Commission, which is available at www.sec.gov.

I would now like to turn the conference over to your host, Roberta Noronha, Head of Investor Relations at StoneCo. Please proceed.

Roberta Noronha

Thank you, operator, and good evening everyone. Joining me today on the call is our CEO, Pedro Zinner; our Chief Financial and Investor Relations Officer, Mateus Scherer; our Chief Strategy and Marketing Officer, Lia Matos. Today, we will present our second quarter 2024 results and provide an updated outlook for our business.

I will now pass it over to Pedro so he can share some highlights of our performance. Pedro?

Pedro Zinner

Thank you, Roberta and good evening everyone.