Porto Seguro S A : Demonstrações Financeiras em Padrões Internacionais - Versão em Inglês

(A free translation of the original in Portuguese)

Porto Seguro S.A.

Quarterly Information (ITR) at June 30, 2021

and report on review of quarterly condensed information

INDEX

Company Information

Breakdown of capital	1
Individual Financial Statements
Balance sheet - Assets	2
Balance sheet - Liabilities	3
Statements of income	4
Statements of Comprehensive income	5
Statements of Cash Flows	6
Statements of changes in Equity
				Statements of changes in Equity - 01/01/2021 to 06/30/2021	7
				Statements of changes in Equity - 01/01/2020 to 06/30/2020	8
Statements of Value Added	9
Consolidated Financial Statements
Balance sheet - Assets	10
Balance sheet - Liabilities	11
Statements of income	12
Statements of Comprehensive income	13
Statements of Cash Flows	14
Statements of changes in Equity
				Statements of changes in Equity - 01/01/2021 to 06/30/2021	15
				Statements of changes in Equity - 01/01/2020 to 06/30/2020	16
Statements of Value Added	17
Comments on Performance	18
Notes to the Financial Statements	42
Reports and Declaration
Independent auditor´s report	83
Fiscal Commitee Report	85
Audit Committeee report	86
Declaration of Directors on the Financial Statements	89
Declaration of Directors on the Report of the Independent Auditor	90

Company information / Breakdown of capital

Number of Shares

Current quarter

(Thousand)

06/30/2021

Paid-up capital

Common

323,293

Preferred

-

Total

323,293

Treasury

Common

3,369

Preferred

-

Total

3,369

1

Individual financial statements / Balance sheet - Assets
(In thousands of reais)
Code of account	Account description	Current quarter	Prior year
		06/30/2021	12/31/2020
1	Total assets	9,886,972	9,658,260
1.01	Current assets	1,848,287	2,134,804
1.01.01	Cash and cash equivalents	113,174	146,714
1.01.02	Interest earnings bank deposits	1,702,962	1,928,737

1.01.02.01Interest earning bank deposits measured at fair value through profit

	or loss	1,702,962	1,928,737
1.01.02.01.03	Financial instruments at fair value through profit or loss	1,702,962	1,928,737
1.01.06	Recoverable taxes	27,535	30,403
1.01.06.01	Current recoverable taxes	27,535	30,403
1.01.06.01.01	Recoverable taxes and contributions	27,535	30,403
1.01.08	Other current assets	4,616	28,950
1.01.08.03	Other	4,616	28,950
1.01.08.03.01	Derivative financial instruments	1,182	-
1.01.08.03.02	Other assets	3,434	28,950
1.02	Non-current assets	8,038,685	7,523,456
1.02.01	Long-term assets	139	144
1.02.01.10	Other non-current assets	139	144
1.02.01.10.03	Other assets	139	144
1.02.02	Investments	8,038,546	7,522,734
1.02.02.01	Ownership interest	7,953,612	7,429,730
1.02.02.01.02	Interest in subsidiaries	7,933,612	7,429,730
1.02.02.01.04	Other investments	20,000	-
1.02.02.02	Investment property	84,934	93,004
1.02.02.02.01	Real estate investment property	84,934	93,004
1.02.03	Property, plant and equipment	-	578
1.02.03.01	Construction in progress	-	578

2

Individual financial statements/ Balance sheet - Liabilities
(In thousands of reais)
Code of account	Account description	Current quarter	Prior year
		06/30/2021	12/31/2020
2	Total liabilities	9,886,972	9,658,260
2.01	Current liabilities	313,876	423,091
2.01.03	Tax obligations	2,794	2,399
2.01.03.01	Federal tax obligations	2,794	2,399
2.01.03.01.02	Taxes and contributions payable	2,794	2,399
2.01.05	Other obligations	311,082	420,692
2.01.05.02	Other	311,082	420,692
2.01.05.02.01	Dividends and interest on own capital payable	295,480	398,739
2.01.05.02.04	Derivative financial instruments	-	143
2.01.05.02.05	Other liabilities	15,602	21,810
2.02	Non-current liabilities	239,905	268,167
2.02.03	Deferred taxes	239,905	268,167
2.02.03.01	Deferred income tax and social contribution	239,905	268,167
2.03	Shareholders' equity	9,333,191	8,967,002
2.03.01	Realized capital	4,500,000	4,500,000
2.03.04	Profit reserves	4,886,710	4,372,248
2.03.04.08	Additional dividend proposed	-	443,298
2.03.04.09	Treasury shares	-160,061	-160,061
2.03.04.10	Profit reserves	4,095,432	4,089,011
2.03.04.11	Retained earnings	951,339	-
2.03.08	Other comprehensive income	-53,519	94,754

3