Management: Banco BTG Pactual’s Management is composed of the members of the Executive Board and Board of Directors of Banco BTG Pactual.

AuA: Assets under Administration, or AuA, represent all goods and financial assets for which Banco BTG Pactual offers administration services, including those owned by the Bank, third parties, and Wealth Management funds and/or collective investment vehicles. These assets are not necessarily managed by the Asset Management department of Banco BTG Pactual.

AuM: Assets under Management, or AuM, consist of client assets (including Banco BTG Pactual’s private wealth clients) managed by Banco BTG Pactual across a variety of asset classes, including fixed income, checking accounts, multimarket funds, and private equity funds.

Banco BTG Pactual: Refers to Banco BTG Pactual S.A

BACEN: Central Bank of Brazil.

B3: B3 S.A. – Brasil, Bolsa, Balcão.

BTG Pactual Holding: A corporation organized according to Brazilian laws, which (a) directly and indirectly, through BTG Pactual Holding Financeira, holds the majority of the issued and outstanding common shares of Banco BTG Pactual and holds, directly and indirectly, 100% of the capital stock of Banco BTG Pactual that is part of its Partnership Equity, (b) is owned by the Partners, and (c) is controlled by the Controlling Partners through G7 Holding.

BTG Pactual Holding Financeira: A limited liability company, incorporated according to Brazilian laws, which, under the corporate Restructuring carried out on October 26, 2018, (a) directly holds the majority of the issued and outstanding common shares of Banco BTG Pactual, (b) directly holds all issued and outstanding class B preferred shares of Banco BTG Pactual, and (c) is controlled by BTG Pactual Holding, which directly holds 99.9% of its capital stock.

Participating Partners: Partners who purchased Banco BTG Pactual common shares, Banco BTG Pactual Class A preferred shares at the same time, on the same terms and as part of the same transaction, which collectively represents 2.6% of Banco BTG Pactual’s total share capital.

CVM: Brazilian Securities and Exchange Commission.

CAGR: Compound Annual Growth Rate.

Controlling Partners: The Controlling Partners are the individuals who effectively control Banco BTG Pactual. On December 31, 2023, the Controlling Partners were André Santos Esteves, Roberto Balls Sallouti, Antonio Carlos Canto Porto Filho, Renato Monteiro dos Santos, and Guilherme da Costa Paes.

IFRS: International Financial Reporting Standards.

FINRA: Financial Industry Regulatory Authority.

Fed: the U.S. Federal Reserve System.

G7 Holding: Entity through which the Controlling Partners exercise control over Banco BTG Pactual through their ownership of the majority of the voting shares of BTG Pactual Holding

Partnership: Partners are invited to and removed from the Partnership through the purchase and sale of equity interests in BTG Pactual Holding, regarding their equity interest indirectly held in Banco BTG Pactual. BTG Pactual Holding has the right to purchase all or part of the Equity of any Partner at any time and for any reason.  Furthermore, any Partner who leaves their office in Grupo BTG Pactual has the right to sell all their Equity to certain entities fully owned by the Partners but cannot sell to any other third party not belonging to the Partnership, subject to exceptions described in the “Our Partnership” section of Banco BTG Pactual’s Offering Memorandum. For further information, please refer to https://ri.btgpactual.com/ > Sobre o Banco > Partnership.

Partners: Individuals who currently hold, (together with their family members, trusts, or other entities established for their benefit or the benefit of their family members), directly or indirectly, common shares of Banco BTG Pactual, Class A Preferred Shares of Banco BTG Pactual (in the case of Participating Partners), Class B Preferred Shares of Banco BTG Pactual, which together represent approximately 69.33% of the capital stock of Banco BTG Pactual. This definition includes individuals who directly or indirectly hold equity interests in Banco BTG Pactual and are employees (or act as such) in one or more entities of Banco BTG Pactual. For further information, please refer to the “Principal Shareholders” section of Banco BTG Pactual’s Offering Memorandum and https://ri.btgpactual.com/ > Sobre o Banco > Partnership.

Participating Partners: Partners who acquired common shares of Banco BTG Pactual, Class A preferred shares of Banco BTG Pactual at the same opportunity, under the same terms, and as part of the operation in which the Consortium Members acquired, collectively, a fraction of the total capital stock of Banco BTG Pactual. For further information, please refer to the “Our Partnership” section of Banco BTG Pactual’s Offering Memorandum and https://ri.btgpactual.com/ > Sobre o Banco > Partnership.

Senior Management:  Messrs. André Santos Esteves, Roberto Balls Sallouti, John Huw Gwili Jenkins, Antonio Carlos Canto Porto Filho, Rogério Pessoa Cavalcanti de Albuquerque, Guilherme da Costa Paes, Renato Hermann Cohn, Renato Monteiro dos Santos, Marcelo Flora Sales, Christian Flemming, when collectively and indistinctly referred to, are responsible for defining the general business policies and guidelines of Grupo BTG Pactual, including its long-term strategies, and for controlling and monitoring its overall performance. For further information, please refer to the “Management” section of Banco BTG Pactual’s Offering Memorandum.

Regulation S: Regulation S of the Securities Act.

ROAE: Return On Average Equity.

ROE: Return On Equity.

Rule 144A: Rule 144A of the Securities Act.

SEC: Securities and Exchange Commission (United States).

Securities Act: U.S. Securities Act of 1933, as amended.

Units: “Units” listed on B3’s Level 2 segment, represented by one Common Share and two Class A Preferred Shares of the capital stock of Banco BTG Pactual.

US GAAP: Accounting practices generally accepted in the United States.