Porto Seguro S A : Notice to the Market - Acquisition of equity interest in Nido Tecnologia Ltda.
April 12, 2022
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PORTO SEGURO S.A.
Public Held Company | CVM nº 01665-9
Corporate Taxpayer's ID (CNPJ/MF): 02.149.205/0001-69 Company Registry (NIRE): 35.3.0015166.6 - ISIN Code: BRPSSAACNOR7
Alameda Barão de Piracicaba, nº 740, Tower B (Rosa Garfinkel Building)
11th andar, Campos Elíseos São Paulo/SP
NOTICE TO THE MARKET
PORTO SEGURO S.A. ("Porto Seguro") (B3: PSSA3), in compliance with CVM Resolution 44/2021 and legislation in force, hereby informs its shareholders and the market in general the acquisition of 100% interest in Nido Tecnologia LTDA. ("Nido"), through its indirect subsidiary, Olho Mágico Soluções Imobiliárias Ltda. ("Olho Mágico").
Nido has been working for more than 20 years in the development of technological solutions (software) for the real estate industry, and its acquisition aims to strengthen Olho Mágico's ecosystem of tools, strengthening the relationship between real estate companies and clients, and more and more business origination.
Olho Mágico is a real estate listing platform for rent, created to simplify and transform the leasing process, making it 100% digital, simple, agile and secure, with Porto Seguro's real estate partners being the center of its strategy.
Nido will continue to be managed autonomously and independently.
The completion of the transaction is subject to the fulfillment of precedent conditions.
São Paulo, April 13th, 2021.
Roberto Santos
CEO & IRO
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Porto Seguro SA published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 14:52:06 UTC.
Porto Seguro SA is a Brazil-based company primarily engaged in the automobile insurance sector. The Company's activities are divided into six business segments: Car insurance, which offers automobile insurance products; Health insurance and plans, which provides health and dental insurance policies and healthcare plans; Life insurance and pension plan, which includes life insurance products and management of pension plans; Other insurance, which provides other non-life insurance policies; Financing, which is involved in the credit transactions, and Other, which mainly includes insurance services provided in Uruguay. In addition, the Company offers a range of services not related to insurance activity, such as electronic protection and surveillance and distribution of automotive parts. The Company is controlled by Porto Seguro Itau-Unibanco Participacoes SA.