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Update on the Merger of XPart Into XP

XP Inc Acquires Riza M&A

Press release content from Globe Newswire. The AP news staff was not involved in its creation. XP Inc. Acquires Riza M&A XP Inc.December 24, 2020 GMT SÃO PAULO, Brazil, Dec. 24, 2020 (GLOBE NEWSWIRE) XP Inc. (Nasdaq: XP). XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of Riza M&A, an independent financial advisory company. Riza has one of the most seasoned and respected teams in the segment, with experience in important financial institutions and active participation in some of the most relevant M&A transactions over the last decades. Riza’s partners, among them Marco Gonçalves and André Quaresma, will join XP Inc.’s M&A team, enhancing XP’s capabilities to better serve our corporate clients.

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