Certain Class A Common Shares of XP Inc. are subject to a Lock-Up Agreement Ending on 4-MAR-2021. These Class A Common Shares will be under lockup for 91 days starting from 3-DEC-2020 to 4-MAR-2021. Details: The members of the board of directors, executive officers, and principal shareholders have agreed with the underwriters, subject to certain exceptions, not to dispose of or hedge any of the share capital or securities convertible or exchangeable into the share capital during the period from the date of the prospectus continuing through the date 90 days after the date of this prospectus, except with the prior written consent of the Lead Global Coordinators.