Executive Officers & Board of Directors

José Antonio Batista Costa (Chairman) has served as a non-executive member of the board of directors of PicPay Netherlands since September 2024. From March 2024 to September 2024, he served as an executive director of the board of directors of PicPay Netherlands. He also serves as a member of the board of directors of PicS Ltd. since February 2021 (and as its chairman since July 2023). He served as Chief Executive Officer of PicPay Brazil from July 2020 to August 2023, as its officer from August 2023 to June 2024, and also served as the chairman of its board of directors from October 2017 to December 2021. He also serves as Chief Executive Officer of J&F Participações since June 2022. Moreover, Mr. Batista served as Chief Executive Officer of J&F S.A. from October 2017 to April 2021. In addition, he served as a member of the board of directors of Banco Original from February 2019 to April 2021 and from July 2022 to July 2024 and as Chief Executive Officer of Banco Original from September 2022 to July 2024. Moreover, he served as Chief Executive Officer of Flora Cosméticos e Limpeza from July 2018 to January 2020. Prior to that, Mr. Batista served in different management capacities where he led multi-disciplinary teams and was responsible for strategic performance, finance and logistics in the investment and food industries, acting as Chief Financial Officer of PicPay Brazil in 2018, vice-president of logistics and supply chain of JBS USA Food Company in 2018 and as an executive officer of JBS S.A. from 2011 to 2015. Mr. Batista holds a degree in business administration from Universidade Paulista — UNIP and is a professional investor (investidor profissional) under Brazilian law.

Eduardo Chedid (Member) has served as an executive member of the board of directors of PicPay Netherlands since October 2024 and our Chief Executive Officer since February 2024. He has served as Chief Operating Officer of PicS Ltd. since August 2023. He also serves as the Chief Executive Officer of PicPay Brazil since 2022, having previously served as Chief Operating Officer of PicPay Brazil in the same year. Mr. Chedid joined PicPay Brazil in January 2021 as Executive Vice President of Financial Services. He has almost 30 years of experience in the financial services and payments sector, being responsible for the acquisition of companies such as Credicard (at the time, the largest Brazilian credit cards issuer), VISA Inc. (both in Brazil and the USA) and Cielo (a top five acquiring company in the world at the time) as well as fintechs such as Elo (a Brazilian payment system company). He was also the Chief Executive Officer of Elo for 6 years and Commercial Vice President at Cielo. Mr. Chedid also served as a Vice President of Visa and as a Director of Credicard. With his vast experience, He was also a member of the board of directors of ABECS, the Brazilian Association of Credit Card Companies and Services, from 2015 to 2021.
Mr. Chedid holds a bachelor’s degree in Business Administration from EAESP Fundação Getúlio Vargas.

Eduardo Cruz (Independent Member) has served as an independent member of the board of directors of PicS Ltd. since February 2024. He has more than 30 years of experience in financial services as a senior banker with broad product and client experience as both a lead originator and execution specialist for significant transactions. Mr. Cruz was a Managing Director of Citigroup in New York for almost 20 years, having served as head of the Latin America Corporate and Investment Banking team. He also served as a partner of Goldman Sachs Group, working at their Investment Banking division and Vice President at J.P Morgan. Mr. Cruz holds a bachelor’s degree in chemical engineering with cum laude honors from Yale University and an MBA with honors at Harvard Business School.

Jackson Ricardo Gomes (Independent Member) has served as an independent member of our board of directors since March 2021. He has worked in the banking industry for more than 35 years, currently serving as board member and advisor in new digital financial companies (fintechs) and as angel investor in startups in Brazil and Portugal. Mr. Gomes worked at Banco Original from 2013 to 2016, serving as Chief Executive Officer from 2015 to 2016. Previously, he was responsible for the implementation of the risk management, compliance and control divisions at Banco Itaú, Where he worked for more than 20 years. Mr. Gomes has participated in several working groups organized by the IIF- International Institute of Finance to discuss Basel 2 and 3 regulations with the banking authorities at the BIS, from 2000 to 2011. Mr. Gomes holds an MBA from the University of Chicago Booth School of Business and na aeronautics engineering degree from the Aeronautical Institute of Technology in Brazil.

Marcio Antonio Teixeira Linares (Independent Member) has served as an independent member of the board of directors of PicS Ltd. since July 2024. He has more than 50 years of experience in the financial services sector. Mr. Linares currently serves as board member of Eldorado Celulose and from 2019 to 2023 he served as Chairman of the Board of Directors of Banco Original and Chairman of the Board of Directors of J&F Investimentos. Mr. Linares also served as Chief Executive Officer of Banco Original from 2016 to 2018. Previously, from 2006 to 2009, he served as Executive Director at Itaú Unibanco, responsible for Middle Market. He also served as Executive Vice President at BankBoston from 1996 to 2006. At Banco Noroeste, he worked as Managing Director for 20 years, being responsible for the credit, retail banking, operations, legal, product, facilities, technology and human resources areas. He is a Mechanical Engineer graduated from Escola de Engenharia Mauá in São Paulo and holds an MBA from Fundação Getulio Vargas.

Mauricio Costa de Moura (Independent Member) has served at the Central Bank of Brazil for 21 years (from 2003 to 2024), where he held key roles in banking supervision and as a board member. His responsibilities included on-site and remote assessments of financial institutions, focusing on financial soundness, corporate governance, risk management, internal controls, auditing and compliance. From 2017 to 2023, Mr. Moura was promoted to Deputy Governor, becoming a voting member of the Brazilian Monetary Policy Committee (Copom), the Financial Stability Committee (Comef), and the Board of Directors of the Central Bank of Brazil. He also led the conduct supervision area, overseeing anti-money laundering and anti-terrorism financing initiatives. Concurrently, Mr. Moura contributed to the Central Bank of Brazil Pension Foundation (Centrus) as a Board member from 2018 to 2024, serving as Chairman from 2020 to 2024. Mr. Moura holds a master’s degree in Administration from the School of Administration, Economics, and Accounting of the University of São Paulo (FEA-USP), an MBA from the School of Advertising and Marketing (ESPM), and a degree in Administration from the University of the Amazon (Unama). He is currently pursuing an MBA in International Accounting (IFRS) at Fipecafi College, expected to be completed in 2025.

William Pruett (Independent Member) has served as a non-executive, independent member of the board of directors of PicPay Netherlands since February 2025. From 2015 to 2025, Mr. Pruett was a portfolio manager in the equity division of Fidelity Investments. In this role, Mr. Pruett was responsible for managing the Fidelity Latin America Fund and was co-manager of the Fidelity Series Emerging Markets Opportunities Fund, responsible for investments in emerging markets financial services firms. Prior to that, Mr. Pruett worked as an equity research analyst, responsible for covering financial services, global mining and international consumer companies. Before joining Fidelity in 2008, Mr. Pruett was an international manager at HSBC, working in credit and digital banking roles. He has been in the financial
industry since 2001. Mr. Pruett earned his bachelor of arts degree in economics from the University of Chicago and his master of business administration degree from Harvard University.