Wiz Soluções e Corretagem de Seguros S.A. (BOVESPA:WIZS3) entered into an agreement to acquire Promotiva S.A. from Banco Votorantim S.A. for BRL 85 million on November 9, 2022. The Acquisition will be for a total estimated price of between BRL 75 million and BRL 85 million, depending on Promotiva's performance.

Wiz Soluções e Corretagem de Seguros S.A. (BOVESPA:WIZS3) completed the acquisition of Promotiva S.A. from Banco Votorantim S.A. for BRL 85 million on December 22, 2022. UBS acted as financial advisor to Banco Votorantim and Maria Eugenia Novis, Arthur Bardawil Penteado, Eduardo Castro and Manuela Lisboa of Machado Meyer Advogados acted as legal advisor to Banco Votorantim. Moelis & Company Assessoria Financeira Ltda. acted as financial advisor to Banco Votorantim S.A.