Vinci Partners Investments : VINP November Investor Presentation

Investor Presentation

November 2021

Disclaimer

This presentation contains forward-looking statements that can be identified by the use of words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking statements will prove to be correct. Accordingly, you should not place undue reliance on forward- looking statements. The forward-looking statements included herein speak only as at the date of this presentation and we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the presentation. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission (the "SEC") from time to time, including in the section titled "Risk Factors" in our most recent form F-1 and 424(b) prospectus and form 20-F. These documents are available on the SEC Filings section of the investor relations section of our website at: https://ir.vincipartners.com/financials/sec-filings.

We have prepared this presentation solely for informational purposes. The information in this presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any of our securities or securities of our subsidiaries or affiliates, not should it or any part of it form the basis of, or be relied on, in connection with any contract to purchase or subscribe for any of our securities or securities of any of our subsidiaries or affiliates, nor shall it or any part of it form the basis of, or be relied on, in connection w ith any contract or commitment whatsoever.

This presentation also includes certain non-GAAP financial information. We believe that such information is meaningful and useful in understanding the activities and business metrics of our operations. We also believe that these non-GAAP financial measures reflect an additional way of viewing aspects of our business that, when viewed with our International Financial Reporting Standards ("IFRS") results, as issued by the International Accounting Standards Board, provide a more complete understanding of factors and trends affecting our business. Further, investors regularly rely on non-GAAP financial measures to assess operating performance and such measures may highlight trends in our business that may not otherwise be apparent when relying on financial measures calculated in accordance with IFRS. We also believe that certain non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of public companies in our industry, many of which present these measures when reporting their results. The non-GAAP financial information is presented for informational purposes and to enhance understanding of the IFRS financial statements. The non-GAAP measures should be considered in addition to results prepared in accordance with IFRS, but not as a substitute for, or superior to, IFRS results. As other companies may determine or calculate this non-GAAP financial information differently, the usefulness of these measures for comparative purposes is limited. A reconciliation of such non-GAAP financial measures to the nearest GAAP measure is included in this presentation.

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Business Overview

We are a leading, full-service alternative asset manager in Brazil

Vinci Partners has a proven fundraising track record with a broad fund base

R$58bn8

AUM¹Business

Strategies

33% CAGR 2009 - September'21²

Our business is profitable and growing, with strong operating leverage

After-tax DE	FRE Margin
CAGR
53.5%
104%
3Q'21
2018-2020
+310 bps YoY

We have gained significant market share over the years operating in a highly attractive growth market

AUM DC¹ (R$ bn)

58

50

37

25

2018

2019

2020

3Q'21

We have a high visibility and integrated recurring

revenues business model

77%	~50%
Of you net revenues	Capital committed
come from mgmt.
for 5+ years
Fees4

Vinci Partners has ~243 full time employees in 4 offices and a global LP footprint

New York

Recife

Rio de Janeiro

São Paulo

Vinci Partners is a PRI signatory since 2012

See notes and definitions at end of document

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We have scaled our platform significantly since our inception in 2009…

Vinci Partners was founded in October 2009 by a group of seasoned and respected managers in the financial market

70										AUM (R$bn)				AUM DC¹ (R$bn)			Brazil Interest Rates			AUM/FTE			221	224		250
60																													196				54	58
																																50			200
50																															48
																142						145	137
																															150
																				121					35
40
30							88					95										24
				76		76					20		19			21											100
			61				18
								17
20					15
39			11		11.8%	14.3%	13.8%
	6				10.0%																	50
10					7.3%								7.0%	6.5%						6.25%
2																	4.5%	2.0%
	10.8%	11.0%
0	8.8%																																-
	2009	2010	2011	2012		2013	2014	2015		2016			2017	2018	2019	2020		3Q'21

2009		2010		2011	2012
Establishment		Association		Inception of Vinci	Company becomes
of Vinci		with "Gas"		Infrastructure &	a signatory to PRI.
Partners		(Equities)		International strategy	2012-2013
				PE:
				Real Estate, Credit,
				Fundraising VCP II
				and Receivables
				(R$2.2bn)
				strategy

See notes and definitions at end of document

2014-2016

Vinci begins heavily investing in governance to set a growth platform for the exit of the recessionary market

Credit:

Fundraising of Vinci

Credito Imobiliario I

(VCI I)

2017		2018		2019		2020		2021
Launch of		Launch of Vinci Logística		INFRA:		Private Equity:		Vinci´s IPO at Nasdaq
	& Vinci Energia		IPO VIGT
VIR strategy				First closing of VIR IV		Private Equity:
	Sustentável
Public Equities:			Real Estate:
				Real Estate:		Final Closing of VIR IV
Acquisition of Mosaico		Real Estate:		IPO of VINO
			IPO of VIFI
Capital		IPO VILG		Follow Ons realized			Real Estate and Infra:
					Follow Ons realized
Real Estate:		Public Equities:		for VILG, VISC			Fundraising of VFDL
			for VILG, VISC and
IPO VISC		Acquisition of Mosaico		Credit:			and VIAS
			VINO
		Capital
PE:			Fundraising of VCI II			Follow Ons for VILG,
				Public Equities:
Fundraising VCP III		Credit:					VIGT and VISC
Infra:		FIDC Energia Sustentavel				Dissociation with		IPO of VIUR
		funded by BNDES				"Gas Investimentos"
Fundraising Vinci Infra II						IP&S:
								First Closing of VSP
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