XP Inc. announced that to remove the proposal relating to Mr. Oscar Rodriguez Herrero?s re-election to the Company?s Board of Directors from consideration at the AGM as a result of Mr. Rodriguez Herrero?s voluntary withdrawal of his candidacy as a director nominee for election to the Board. Mr. Rodriguez Herrero?s decision to withdraw is not the result of any disagreement with the Company or the Board. The Board thanks Mr. Rodriguez Herrero for his service and wishes him well.

The Board has also approved the appointment of Mr. José Luiz Majolo as interim member of the Board, effective on May 29, 2026, for a period ending at the commencement of the Company?s annual general meeting in 2027. The Board has determined that Mr. Majolo qualifies as independent under the applicable listing standards of Nasdaq. Mr. Majolo served as Chairman of the Board of Directors of the Brazilian Deposit Insurance Fund (FGC) and as chairman of the Board of Directors of Banco Votorantim.

He has built his career in the financial sector, having served as CEO of Banco Sudameris and as Executive Vice President of Risk and Operations for Latin America at ABN AMRO Real, a position he left to focus on entrepreneurial initiatives in the sustainability sector. In addition, the Board has approved the appointment of Mr. Majolo as member and Chair of the Risks, Credit and ESG Committee of the Board, to fill the vacancy created by Mr. Rodriguez Herrero?s resignation, effective as of May 29, 2026.