Inter : 1Q26 IFRS Financial Statements

Published: 2026-05-07 07:35:13 ET INTR

Published on 05/07/2026 at 07:35 am EDT

Interim condensed

consolidated statements

EXHIBIT 99.1

March 31, 2026

Management Statement

Independent Auditors' Report on Consolidated Financial Information

Consolidated Condensed Interim Balance Sheets

Interim condensed consolidated statements of income

Interim condensed consolidated statements of comprehensive income

Interim condensed consolidated cash flow statements

Interim condensed consolidated statements of changes in equity

Explanatory Notes to the Condensed Consolidated Interim Financial Information

Note 1 Activity and structure of Inter G Co, Inc. and its subsidiaries

Note 2 Basis for preparation

Note 3 New Accounting Standards Recently Issued

Note 4 Material accounting policies

Note 5 Operating segments

Note 6 Financial risk management

Note 7 Fair value of financial assets and liabilities

Note 8 Cash and cash equivalents

Note 9 Amounts due from financial institutions, net of provisions for expected credit losses

Note 10 Securities, net of provisions for expected credit losses

Note 11 Derivative financial instruments

Note 12 Loans and advances to customers, net of provisions for expected credit losses

Note 13 Property and equipment

Note 14 Intangible assets

Note 15 Other assets

Note 16 Deposits from customers

Note 17 Deposits from banks

Note 18 Securities issued

Note 19 Borrowings and on-lending

Note 20 Tax liabilities

Note 21 Provisions and contingent liabilities

Note 22 Other liabilities

Note 23 Equity

Note 24 Net interest income

Note 25 Income from securities, derivatives and foreign exchange

Note 26 Net revenues from services and commissions

Note 27 Other revenues

Note 28 Impairment losses on financial assets

Note 29 Administrative expenses

Note 30 Personnel expenses

Note 31 Tax expenses

Note 32 Current and deferred income tax and social contribution

Note 33 Share-based payment

Note 34 Transactions with related parties

Note 35 Subsequent events

InterGCo, Inc. (InterGCo, the Company, and, together with its consolidated subsidiaries, Grupo Inter, Grupo or Inter) is a holding company incorporated in the Cayman Islands with limited liability. The Company has its shares listed on Nasdaq, the US stock exchange, under the ticker INTR, and its BDRs listed on B3 under the ticker INBR32. InterGCo is the controlling company of Grupo Inter and indirectly holds all the shares of Banco Inter.

Inter provides financial and e-commerce services, with features offered in a financial super app that includes banking, investments, credit, insurance, and cross-border services, as well as a marketplace that brings together the best retailers from Brazil and the United States.

In compliance with the provisions of Article 133 of Law No. 6,404/1976, as amended by Law No. 15,177 of July 23, 2025, Banco Inter S.A. adopts policies and practices aimed at promoting equity, diversity, and equal opportunities in the corporate environment.

Banco Inter S.A. has internal policies and human resource management guidelines that ensure objective, transparent, and non-discriminatory criteria for hiring, development, compensation, and filling positions, including management positions, observing best corporate governance practices and applicable legislation.

Customers

As of March 31, 2026 we surpassed a total of 44.0 million customers. The activation rate reached 58.6%, an increase of 1.4 percentage points when compared to March 31, 2025.

Loan Portfolio

The balance of loan operations reached R$49.8 billion, representing a positive variation of 3.3% compared to December 31, 2025.

Fundraising

Total funding, which includes demand deposits, term deposits, savings deposits and securities issued, such as real estate credit notes, secured real estate notes and financial notes, totaled R$69.1 billion, 0.2% higher than the amount recorded on December 31, 2025.

Net income

As of March 31, 2026, the net profit of the controlling shareholders was R$394.8 million million, representing an increase of 37.8% compared to the same period in 2025.

Revenues

As of March 31, 2026, revenues reached R$2.4 billion, marking an increase of 32.8% compared to the same period in 2025.

Administrative expenses and Personnel

As of March 31, 2026, administrative and personnel expenses totaled R$902.7 million, an increase of 18.3% compared to the same period in 2025.

Total assets

Total assets reached R$99.1 billion as of March 31, 2026, an increase of 0.5% compared to December 31, 2025.

Shareholder's equity

Shareholder's equity totaled R$10.4 billion, a growth of 0.2% compared to December 31, 2025.

Inter adopts a capital remuneration policy by distributing interest on equity in the same proportion as their share of the capital, calculated in accordance with current legislation. This interest, net of withholding income tax, is included in the calculation of mandatory dividends for the fiscal year as stipulated in the Articles of Association and Article 202 of Law No. 6,404/1976.

The Company informs that it has a policy with requirements for contractual risk analysis, which defines that the Board of Directors must evaluate the transparency, objectivity, governance aspects, and commitment to the independence of the contracting process, thus ensuring compliance between the parties involved. Additionally, it has an Audit Committee which, among its responsibilities and competencies, in addition to providing opinions and recommendations on the audit service provider, also evaluates the effectiveness of independent and internal audits, including verifying compliance with legal and regulatory provisions applicable to Inter, as well as internal policies and codes.

Furthermore, InterGCo, Inc. confirms that KPMG Auditores Independentes Ltda. has procedures, policies, and controls in place to ensure its independence, which include an assessment of the work performed, encompassing any service that is not an independent audit of the consolidated financial statements. This assessment is based on applicable regulations and accepted principles that preserve auditor independence. The acceptance and performance of professional services unrelated to the audit of the financial statements by the independent auditors during the period ended March 31, 2026, did not affect the independence and objectivity in the conduct of the audit examinations performed at InterGCo, Inc. Information regarding the independent auditors' fees is made available annually in the reference form.

We would like to thank our shareholders, customers, and partners for their trust, as well as each of our employees who build our history each day.

Belo Horizonte, March 6, 2026. The Management.

‌KPMG Auditores Independentes Ltda.

Rua Paraiba, 550 - 12° andar - Bairro Funcionarios 30130-141 - Belo Horizonte/MG - Brasil

Caixa Postal 3310 - CEP 30130-970 - Belo Horizonte/MG - Brasil Telefone +55 (31) 2128-5700

kpmg.com.br

To the Shareholders, Board of Directors and Directors of

Inter & Co, Inc.

Cayman Islands

Introduction

We have reviewed the accompanying interim condensed consolidated statement of financial position of Inter & Co, Inc. ("Company") as of March 31, 2026, the interim condensed consolidated statements of income and comprehensive income, changes in equity and cash flows for the three month period then ended, and notes to the interim condensed consolidated financial statements.

Management is responsible for the preparation and presentation of this interim condensed consolidated financial statements in accordance with IAS 34, 'Interim Financial Reporting'. Our responsibility is to express a conclusion on this interim condensed consolidated financial statements based on our review.

Scope of review

We conducted our review in accordance with Brazilian and International Standards on Interim Financial Information Review (NBC TR 2410 - Revisâo de Informa§oes Intermediârias Executada pelo Auditor da Entidade and ISRE 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity, respectively). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with standards on auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial statements as at March 31, 2026, is not prepared, in all material respects, in accordance with IAS 34 - Interim Financial Reporting.

Belo Horizonte, May 06, 2026

KPMG Auditores Independentes Ltda. CRC SP-014428/0-6 F-MG

Original report in Portuguese signed by

Marco Antonio Pontieri Accountant - CRC 1SP153569/0-0

As of March 31,2026 and December 31,2025

(Amounts in thousands of Brazilian reais, unless otherwise stated)

‌Note

03/31/2026

12/31/2025

Assets

Cash and cash equivalents

4,296,629

3,801,513

Amounts due from financial institutions, net of provisions for expected credit losses

4,757,076

4,600,218

Deposits at Central Bank of Brazil

7,887,762

7,867,658

Securities, net of provisions for expected credit losses

27,340,856

29,010,323

Derivative financial assets

31,548

58,915

Loans and advances to customers, net of provisions for expected credit losses

46,485,365

45,251,104

Property and equipment

363,622

381,404

Intangible assets

2,100,275

2,023,939

Deferred tax assets

32.c

1,916,947

1,789,304

Other assets

3,890,100

3,827,140

Total assets

99,070,180

98,611,518

Liabilities

Deposits from customers

54,150,905

54,883,084

Deposits from banks

15,730,114

14,585,704

Securities issued

14,998,709

14,127,144

Derivative financial liabilities

70,319

54,114

Borrowings and on-lending

736,183

817,495

Tax liabilities

299,311

815,527

Income tax and social contribution

174,872

675,438

Other tax liabilities

124,439

140,089

Provisions

227,019

265,455

Deferred tax liabilities

32.c

43,589

40,923

Other liabilities

2,400,301

2,629,110

Total liabilities

88,656,450

88,218,556

Equity

Share capital

23.a

Reserves

23.b

11,115,869

10,971,176

Other comprehensive loss

23.c

(920,933)

(801,600)

Equity attributable to owners of the Company

10,194,949

10,169,589

Non-controlling interest

23.f

218,781

223,373

Total equity

10,413,730

10,392,962

Total liabilities and equity

99,070,180

98,611,518

(Amounts in thousands of Brazilian reais, except for earnings per share)

‌Note 03/31/2026 03/31/2025

Interest income 24 2,569,450 1,806,870

Interest expenses 24 (1,751,480) (1,179,020)

Income from securities, derivatives and foreign exchange 25 1,063,780 734,744

Net interest income and income from securities, derivatives and foreign exchange 1,881,750 1,362,593

Net revenues from services and commissions 26 496,033 459,924

Expenses from services and commissions (45,739) (40,811)

Other revenues 27 108,943 56,093

Revenues 2,440,986 1,837,800

Impairment losses on financial assets 28 (781,268) (513,681)

Revenues net of impairment losses on financial assets 1,659,718 1,324,119

Administrative expenses 29 (617,898) (528,200)

Personnel expenses 30 (284,777) (234,873)

Tax expenses 31 (186,559) (136,056)

Depreciation and amortization

(93,367)

(67,445)

Profit before income tax 477,118 357,545

Income tax 32 (59,571) (50,759)

Net income attributable to shareholders of the company and non-controlling interests 417,547 306,786

Non-controlling interests

(22,759)

(20,197)

Net income attributable to shareholders of the company 394,788 286,589

Basic earnings per share 23.e 0.89 0.65

Earnings per share

Diluted earnings per share 23.e 0.89 0.65

‌03/31/2026

03/31/2025

Net income attributable to shareholders of the company

394,788

286,589

Non-controlling interest

22,759

20,197

Net income attributable to shareholders of the company and non-controlling interests

417,547

306,786

Items that are or may be subsequently to the income statement

Changes in fair value - financial assets at FVOCI

(54,314)

11,947

Tax effect

15,900

(44,061)

Net change in fair value - financial assets at FVOCI

(38,414)

(32,114)

Hedge of investments abroad

59,780

88,284

Tax effect

(23,454)

(35,135)

Investment hedge in foreign operations

36,326

53,149

Cash flow hedge

17,906

(3,476)

Tax effect

(8,057)

(185)

Cash flow hedge

9,849

(3,661)

Foreign exchange differences on the translation of foreign operations

(127,094)

(104,512)

Other comprehensive income (loss) that may be reclassified subsequently to the Statements of income

(119,333)

(87,138)

Total comprehensive income for the year

298,214

219,648

Allocation of comprehensive income

To shareholders of the company

275,455

199,451

To non-controlling interest

22,759

20,197

‌Note

03/31/2026

03/31/2025

Operating activities

Net income attributable to shareholders of the company

394,788

286,589

Non-controlling interest

22,759

20,197

Adjustments to profit (loss)

Depreciation and amortization

93,367

67,445

Impairment losses on financial assets

781,268

513,681

Expenses with provisions for contingencies

21.a

19,456

11,761

Provisions/ (Reversals) for loss of assets

(10,766)

Capital gains (losses)

1,639

1,952

Income tax and social contribution

32.a

59,571

50,759

Provision for performance fees

(11,325)

(9,130)

Effect of the exchange rate variation on cash and cash equivalents

3,509

(16,485)

(Increase)/ decrease in:

Deposits at Central Bank of Brazil

(20,104)

(362,836)

Loans and advances to customers

(2,072,519)

(2,137,078)

Amounts due from financial institutions

(167,238)

(400,438)

Securities

2,157,763

(178,376)

Derivative financial assets

27,367

(7,600)

Other assets

(19,740)

(109,770)

Increase/ (decrease) in:

Deposits from customers

(732,179)

844,539

Deposits from banks

1,144,410

2,488,106

Securities issued

871,565

807,750

Derivative financial liabilities

93,891

(65,379)

Borrowings and on-lending

(81,312)

269,029

Tax liabilities

(575,208)

(298,391)

Provisions

(14,839)

56,927

Other liabilities

(376,773)

(405,446)

Income tax paid

(146,538)

(74,086)

Net cash from operating activities

1,453,578

1,342,954

Cash flow from investing activities

(Acquisition) of property and equipment

(5,460)

(6,602)

(Acquisition) of intangible assets

(148,996)

(141,423)

(Acquisition) of financial assets at fair value through other comprehensive income

(2,110,346)

(3,379,192)

Proceeds from sale of financial assets at FVOCI

1,615,952

2,887,496

(Acquisition) of financial assets at amortized cost

(33,742)

(89,040)

Proceeds from sale of financial assets at amortized cost

10,525

8,023

Net cash from (used in) investing activities

(672,067)

(720,738)

Cash flow from financing activities

Dividends and interest on shareholders' equity paid

(293,901)

(208,146)

Repurchase of treasury shares

121

Resources to non-controlling shareholders

11,015

(80,482)

Net cash from (used in) financing activities

(282,886)

(288,507)

Increase in cash and cash equivalents

498,625

333,709

Cash and cash equivalents at the beginning of the period

3,801,513

1,108,394

Effect of the exchange rate variation on cash and cash equivalents

(3,509)

16,485

Cash and cash equivalents at the end of the period

4,296,629

1,458,588

As of March 31,2026 and December 31,2025

(Amounts in thousands of Brazilian reais, unless otherwise stated)

‌Share capital Reserves

Other comprehensive income

Retained earnings / accumulated losses

Treasury shares

Equity attributable to owners of the Company

Non-controlling interest

Total equity

Balance as of December 31, 2024 13 9,793,992 (898,830) - - 8,895,175 177,132 9,072,307

Profit for the year - - - 286,589 - 286,589 20,197 306,786

Proposed allocations:

Constitution/ reversion of reserves - 286,589 - (286,589) - - - -

Interest on equity / dividends - (203,593) - - - (203,593) (4,553) (208,146)

Foreign exchange differences on the translation of foreign operations

- - (104,512) - - (104,512) - (104,512)

Gains and losses - Hedge - - (36,514) - - (36,514) - (36,514)

Net change in fair value - financial assets at FVOCI - - 53,888 - - 53,888 - 53,888

Share-based payment transactions - (14,010) - - 14,010 - - -

Reflex reserve - 9,402 - - - 9,402 - 9,402

Repurchase of treasury shares - 28,850 - - (28,729) 121 - 121

Others - - - - - - (80,482) (80,482)

Balance as of March 31, 2025 13 9,901,230 (985,968) - (14,719) 8,900,556 112,294 9,012,850

Balance as of December 31, 2025 13 10,971,176 (801,600) - - 10,169,589 223,373 10,392,962

Profit for the year - - - 394,788 - 394,788 22,759 417,547

Proposed allocations:

Constitution/ reversal of reserves

394,788

(394,788)

Interest on equity / dividends

(259,583)

(34,318)

(293,901)

Foreign exchange differences on the translation of foreign operations

(127,094)

Gains and losses - Hedge

46,175

Net change in fair value - financial assets at FVOCI

(38,414)

Share-based payment transactions

7,449

Reflex reserves

Others

2,024

- -

2,024

6,967

8,991

Balance as of March 31, 2026

11,115,869

(920,933)

- -

10,194,949

218,781

10,413,730

The notes are an integral part of the consolidated condensed interim financial information

(Amounts in thousands of Brazilian reais, unless otherwise stated)

InterGCo, Inc. ("InterGCo", "Grupo Inter", or "Company") is the holding company of Grupo Inter, incorporated in the Cayman Islands, a limited liability company exempt from taxation and registered as a foreign issuer with the U.S. Securities and Exchange Commission ("SEC") and the Brazilian Securities and Exchange Commission (CVM).

InterGCo's Class A common shares are traded on Nasdaq under the ticker symbol "INTR," and the depositary receipts backed by these shares (Level II BDRs) are publicly traded on B3 - Brasil, Bolsa e Balcão under the ticker symbol "INBR32".

As of March 31, 2026, its main operating subsidiaries were::

Inter Holding Financeira S.A.: a direct subsidiary domiciled in Brazil, whose main activity is to hold 100% of the share capital of Banco Inter S.A. (Banco Inter).

Inter Marfietplace Intermediação de Negócios e Serviços Ltda.: a directly owned subsidiary in Brazil whose purpose is to operate the Group's marketplace platform, connecting customers to a wide range of non-financial third-party products and services. Its main products include an e-commerce marketplace, gift card offerings, telephony services via Mobile Virtual Network Operator (MVNO) Inter Cel, airline ticket sales, among others.

Inter US Holding Inc.: a direct subsidiary domiciled in the United States. Its purpose is to coordinate the Group's North American operations.

InterGCo and all its subsidiaries are presented collectively as the "Group" or "Inter," reflecting the integrated operations of the economic conglomerate.

Operating as a digital platform for individuals and businesses, Inter offers a wide range of integrated financial services and solutions in a Super App, such as: credit cards, checking accounts, investments, insurance, mortgage loans, payroll loans, business loans, and a marketplace for non-financial services, among others. Operations are conducted in an integrated manner through the Super App, providing customers with a unified digital experience for managing their finances and daily activities.

The Group's consolidated interim financial information has been prepared in accordance with IAS 34 -Interim Financial Reporting, issued by the International Accounting Standards Board (IASB).

These consolidated interim financial statements have been prepared following a basis of preparation and accounting policies consistent with those adopted in the preparation of the consolidated financial statements of Inter G Co, Inc., as of December 31, 2025, and are therefore intended only to provide an update of the content of the latest financial statements and should be read as a whole, in accordance with IAS 34.

This consolidated condensed interim financial information has been authorized for issuance by the Board of Directors on March 6, 2026.

The consolidated condensed interim financial information is presented in Brazilian reais (R$). The functional currency of the Group companies is shown in explanatory note 4a, reflecting the currency in which the prices of goods and services are determined and generally settled. All amounts have been rounded to the nearest thousand, unless otherwise indicated.

In preparing the consolidated condensed interim financial information, Management used judgment, estimates and assumptions that affect the application of the Group's accounting policies and the reported amounts of assets, liabilities, revenues and expenses. Actual results may differ from these estimates. Estimates and assumptions are reviewed continuously and the impacts of changes in estimates are recognized prospectively. The main significant judgments made by management in applying the Group's accounting policies and the sources of uncertainty in the estimates are described below:

Judgments

Information about judgments made in applying accounting policies that have the most significant effects on the amounts recognized in the financial statements is included in the following notes:

Basis for consolidation (see note 4a): whether InterGCo has de facto control over an investee;

Classification of financial assets (see notes 6 and 7): whether such assets meet the criteria for payment of principal and interest only (SPPJ test) and their respective classification (amortized cost, fair value through comprehensive income or fair value through profit or loss); and

Equity method: if InterGCo has significant influence over an investee.

Estimates

Estimates carry a significant risk and could materially affect the values of assets and liabilities in future periods, and actual results may differ from those based on such estimates. The main items susceptible to impacts from estimates are disclosed below and are related to the following explanatory notes:

Classification of financial assets (see notes 6 and 7): assessment of the business model in which the assets are held and assessment of whether the contractual terms of the financial asset refer only to principal and interest payments (SPPJ test);

Business combination (see note 4b): determination of the fair values of assets acquired and liabilities assumed in business combinations;

Impairment test of intangible assets and goodwill (see note 14): for impairment testing purposes, each investee entity was considered a cash-generating unit ("CGU");

Deferred tax asset (see note 32): the expectation of realization of the deferred tax asset is based on projections of future taxable profits and other technical studies;

Provision for expected credit losses (see notes 12d and 21): Measuring provisions for expected credit losses on financial assets measured at amortized cost requires the use of complex quantitative models and assumptions about future macroeconomic conditions and credit behavior. Several significant judgments are also required to apply the accounting requirements for measuring expected credit loss, such as: determining the criteria for assessing a significant increase in credit risk; selecting appropriate quantitative models and assumptions to measure expected credit loss; and establishing different prospective scenarios and their weighting, among others; and

Provisions (see note 21): recognition and measurement of provisions, including the provision for legal proceedings. The main assumptions considered relate to the probability and magnitude of resource outflows.

New or revised accounting pronouncements adopted in 2026

The following standards, new or revised, have been issued by the IASB and adopted by the Group for the periods covered by this consolidated condensed interim financial information.

Changes to IFRS 9 - Financial Instruments and IFRS 7 - Financial Instruments Disclosures: issued in May 2024, the changes and clarifications relate to the write-off of financial liabilities through electronic systems, the assessment of the contractual characteristics of cash flow in the classification (SPPI Test), such as: financial assets linked to ESG (Environmental, Social and Governance) among other financial instruments. In addition, further disclosures were included regarding equity instruments designated at fair value through other comprehensive income and financial instruments linked to contingent events. Management did not identify any relevant impacts on its consolidated condensed interim financial information, considering the instruments currently recognized by the Group.

Changes to IFRS 7 - Derecognition Gains and Losses: the changes aim to: disclose deferred differences between fair value and transaction price, and change the classification and measurement of financial instruments, effective from January 1, 2026. Management has not identified any material impacts on its consolidated condensed interim financial information, considering the instruments currently recognized by the Group.

Changes to IAS 7 - Statement of Cash Flows: the main change refers to the clarification of paragraph 37, establishing that, when accounting for an investment in an associate, a joint venture, or a subsidiary using the equity method or the cost method, the investor restricts its presentation in the statement of cash flows to cash flows between itself and the investee, for example, dividends and advances. Effective from January 1, 2026. Management has not identified any significant impacts of these changes on its consolidated condensed interim financial information.

Changes to IFRS 10 - Consolidated Financial Statements: aim to define control and provide transition guidance after the application of the new concept, as well as clarifications on the sale or contribution of assets between related entities, effective from January 1, 2026. Management has not identified any significant impacts of these changes on its consolidated condensed interim financial information.

Changes to IFRS 9 - Financial Instruments: includes clarifications on the derecognition of lease liabilities and their implications, effective from January 1, 2026. Management has not identified any significant impacts from these changes on its consolidated condensed interim financial information.

Other new rules and interpretations have been issued, but have not yet come into effect

IFRS 18 - Presentation and Disclosure in Financial Statements: issued in April 2024, it replaces IAS 1 and introduces additional requirements for financial statements with the aim of improving information for shareholders. It defines three categories for income and expenses: operating, investing, and financing, in addition to including new subtotals. The standard also provides guidance on the disclosure of performance indicators defined by management and includes specific requirements for companies in the banking and insurance sectors. IFRS 18 will come into effect on January 1, 2027, and Management is evaluating the effects of adopting this standard on the Group's consolidated condensed interim financial information.

IFRS 19 - Subsidiaries without Public Responsibility - Disclosures: issued in May 2024, this standard defines that a subsidiary without public responsibility may provide reduced disclosures when applying IFRS accounting standards to its financial statements. The standard is optional for eligible subsidiaries and establishes the disclosure requirements for subsidiaries that choose to apply it. IFRS 19 will come into effect on January 1, 2027, and management is evaluating the effects of adopting this standard.

The main accounting practices adopted in the preparation of this consolidated condensed interim financial information are the same as those disclosed in the consolidated financial statements for the year ended December 31, 2025.

The table below shows the shareholdings held in the subsidiaries:

Common shares

Functional

Share in the capital (%)

Entity

Branch of Activity

and/or quotas

currency

Country

03/31/2026

12/31/2025

Direct subsidiaries

InterGCo Participações Ltda.

Holding Company

13,196,995

BRL

Brazil

100.00 %

INTRGLOBALEU Serviços Administrativos, LDA

Holding Company

EUR

Portugal

100.00 %

Inter US Holding, Inc,

Holding Company

100

US$

USA

100.00 %

Inter Holding Financeira S.A.

Holding Company

401,207,704

BRL

Brazil

100.00 %

Inter Marketplace Intermediação de Negócios e Serviços Ltda.

Marketplace

16,984,271,386

BRL

Brazil

100.00 %

Landbank Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada

Investment Fund

578,818,031

BRL

Brazil

100.00 %

InterGCo Solutions

Provision of services

16,000,000

BRL

Brazil

100.00 %

Inter Digital Assets - Sociedade Prestadora de Serviços de Ativos Virtuais Ltda.

Virtual Asset Brokerage

6,000,000

BRL

Brazil

100.00 %

Indirect subsidiaries

Banco Inter S.A.

Multiple Bank

2,593,598,009

BRL

Brazil

100.00 %

Inter Distribuidora de Títulos e Valores Mobiliários Ltda.

Securities broker

335,000,000

BRL

Brazil

100.00 %

Inter Digital Corretora e Consultoria de Seguros S.A.

Insurance broker

60,000

BRL

Brazil

60.00 %

TBI Fundo De Investimento Renda Fixa Credito Privado

Investment Fund

230,278,086

BRL

Brazil

100.00 %

Spark Fundo de Investimento Financeiro Multimercado Crédito Privado Investimento no Exterior

Investment Fund

15,000,000

BRL

Brazil

100.00 %

IG Fundo de Investimento Renda Fixa Crédito Privado

Investment Fund

9,906,355

BRL

Brazil

100.00 %

Inter Simples Fundo de Investimento em Direitos Creditórios Multissetorial

Investment Fund

109,778

BRL

Brazil

96.58 %

97.86 %

Acerto Cobrança e Informações Cadastrais S.A. (a)

Provision of services

60,000,000,000

BRL

Brazil

80.00 %

60.00 %

InterGCo Payments, Inc

Provision of services

1,000

US$

USA

100.00 %

Inter Asset Gestão de Recursos Ltda (b)

Asset management

1,059,488

BRL

Brazil

99.91 %

70.87 %

Inter Café Ltda.

Provision of services

20,010,000

BRL

Brazil

100.00 %

Inter Boutiques Ltda.

Provision of services

9,010,008

BRL

Brazil

100.00 %

Inter Food Ltda.

Provision of services

7,000,000

BRL

Brazil

70.00 %

Inter Viagens e Entretenimento Ltda.

Provision of services

94,515

BRL

Brazil

100.00 %

Inter Conectividade Ltda.

Provision of services

33,533,805

BRL

Brazil

100.00 %

Inter US Management, LLC

Provision of services

100,000

US$

USA

100.00 %

Inter US Finance, LLC

Provision of services

100,000

US$

USA

100.00 %

Inter Securities LLC

Provision of services

US$

USA

100.00 %

InterGCo Tecnologia e Serviços Financeiros Ltda.

Provision of services

9,896,122,671

BRL

Brazil

100.00 %

Inter Pag Instituição de Pagamento S.A.

Provision of services

1,654,582,386

BRL

Brazil

100.00 %

Inter Us Advisors, LLC

Asset management

US$

USA

100.00 %

Inter Hedge Fundo de Investimento Imobiliário

Investment Fund

19,973,705

BRL

Brazil

100.00 %

Inter Oportunidade Imobiliária Fundo de Investimento

Investment Fund

1,637,906

BRL

Brazil

58.50 %

63.78 %

On March 16, 2026, Banco Inter entered into a contract to acquire an additional stake equivalent to 20% of the total share capital of Acerto Cobrança e Informações Cadastrais S.A., for R$18,350, as previously approved by the Central Bank of Brazil (BACEN) in an official letter sent on February 23, 2026. Furthermore, on April 13, 2026, Banco Inter entered into a contract to acquire an additional stake equivalent to 20%. The completion of the transaction is subject to approval by the Central Bank of Brazil, see explanatory note 35 - Subsequent Events; and

On January 9, 2026, Banco Inter entered into a contract to acquire an additional stake equivalent to 29.05% of the total share capital of Inter Asset Gestão de Recursos Ltda., for R$ 35,180, as previously approved by BACEN in an official letter sent on November 10, 2025. As a result of the acquisition, Banco Inter came to hold 99.91% of Inter Asset Gestão de Recursos Ltda., an independent asset management, securities portfolio management, and wealth management firm.

The operating segments are disclosed based on internal information used by the principal responsible for operational decisions to allocate resources and evaluate performance. The principal responsible for operational decisions, including allocating resources, evaluating the performance of operating segments, and making strategic decisions for InterGco, is the CEO in conjunction with the Board of Directors.

Profit by operating segment

Each operating segment is composed of one or more legal entities. The measurement of profit by operating segment takes into account all revenues and expenses recognized by the companies that make up each segment.

Transactions between segments are carried out with terms and rates consistent with those practiced with third parties, when applicable. The Group does not have any client responsible for more than 10% of its total net revenue.

This segment includes banking products and services such as checking accounts, debit and credit cards, deposits, loans, customer advances, debt collection activities, and other services provided to customers, primarily through the Inter app. Also included in this segment are foreign exchange services, intercountry remittances, including the Global Account digital solution, smart card payment solutions (including Inter Pag), along with the investment funds consolidated by the Group.

This segment is responsible for operations related to the purchase, sale, and custody of securities, structuring and distribution of securities in the capital market, and operations related to the management of fund portfolios and other assets (purchase, sale, risk management). Revenues are mainly derived from commissions and management fees charged to investors for these services.

This segment, insurance products are offered that are underwritten by insurance companies with which Inter has agreements ("partner companies"), including guarantees, life, property and auto insurance, and pension products, as well as consortium products provided by a third party with whom Inter has a commercial agreement. Insurance sales commission revenues, net of cancellations, are recognized in the income statement when the services are effectively rendered, i.e., upon completion of the sale to the client, when the performance obligation is fulfilled.

This segment includes sales of goods and/or services to Inter's clients through its partners, via our digital platform; as well as the initiative to offer BNPL (Buy Now Pay Later) operations to clients. Segment revenues substantially comprise commissions received from sales and/or the provision of these services.

03/31/2026

Banfiing G Spending

Investments

Insurance Brofierage

Inter Shop

Total of reportable segments

Others

Eliminations

Consolidated

Interest income

2,531,293

7,151

18,491

2,556,935

22,740

(10,225)

2,569,450

Interest expenses

(1,772,187)

(5,197)

(1,777,384)

(8,201)

34,105

(1,751,480)

Income from securities, derivatives and foreign exchange

980,950

23,918

3,431

15,977

1,024,276

90,646

(51,142)

1,063,780

Net interest income and income from securities, derivatives and foreign exchange

1,740,056

25,872

3,431

34,468

1,803,827

105,185

(27,262)

1,881,750

Net revenues from services and commissions

324,640

33,238

72,699

61,770

492,347

16,229

(12,543)

496,033

Expenses from services and commissions

(19,449)

(23,060)

(3,230)

(45,739)

Other revenues

111,909

11,258

10,175

10,179

143,521

44,965

(79,543)

108,943

Revenues

2,157,156

70,368

63,245

103,187

2,393,956

166,379

(119,348)

2,440,986

Impairment losses on financial assets

(780,130)

321

(779,809)

(1,459)

(781,268)

Administrative expenses

(572,052)

(19,015)

(3,034)

(17,582)

(611,683)

(18,758)

12,543

(617,898)

Personnel expenses

(219,364)

(21,967)

(5,738)

(13,045)

(260,114)

(24,663)

(284,777)

Tax expenses

(120,287)

(4,393)

(6,847)

(14,090)

(145,617)

(40,942)

(186,559)

Depreciation and amortization

(86,717)

(1,549)

(591)

(2,691)

(91,548)

(1,819)

(93,367)

Profit before income tax

378,606

23,765

47,035

55,779

505,185

78,738

(106,805)

477,118

Income tax

(13,216)

(7,131)

(15,317)

(23,727)

(59,391)

(180)

(59,571)

Net income attributable to shareholders of the company and non-controlling interests

365,390

16,634

31,718

32,052

445,794

78,558

(106,805)

417,547

Non-controlling interest

(4,764)

(4)

(12,691)

(5,300)

(22,759)

Net income attributable to shareholders of the company

360,626

16,630

19,027

26,752

423,035

78,558

(106,805)

394,788

03/31/2026

Banfiing G Spending

Investments

Insurance Brofierage

Inter Shop

Total of reportable segments

Others

Eliminations

Consolidated

Total assets

97,194,344

809,258

401,460

794,034

99,199,096

4,700,206

(4,829,122)

99,070,180

Total liabilities

89,331,736

447,470

189,348

600,965

90,569,519

902,907

(2,815,976)

88,656,450

Total equity

7,862,608

361,788

212,112

193,069

8,629,577

3,797,299

(2,013,146)

10,413,730

03/31/2025

Banfiing G Spending

Investments

Insurance Brofierage

Inter Shop

Total of reportable segments

Others

Eliminations

Consolidated

Interest income

1,772,954

4,907

23,399

1,801,260

13,504

(7,894)

1,806,870

Interest expenses

(1,194,426)

(3,705)

(1,198,131)

(2,297)

21,408

(1,179,020)

Income from securities, derivatives and foreign exchange

684,176

19,594

2,288

12,571

718,629

29,629

(13,514)

734,744

Net interest income and income from securities, derivatives and foreign exchange

1,262,704

20,796

2,288

35,970

1,321,758

40,836

1,362,593

Net revenues from services and commissions

300,868

36,149

69,494

51,485

457,996

17,481

(15,553)

459,924

Expenses from services and commissions

(17,174)

(20,854)

(2,624)

(40,652)

(159)

(40,811)

Other revenues

50,780

3,024

10,023

8,024

71,851

47,812

(63,570)

56,093

Revenues

1,597,178

59,969

60,951

92,855

1,810,953

105,970

(79,123)

1,837,800

Impairment losses on financial assets

(508,637)

(602)

(509,239)

(4,442)

(513,681)

Administrative expenses

(460,198)

(39,736)

(4,209)

(17,849)

(521,992)

(12,021)

5,813

(528,200)

Personnel expenses

(184,002)

(18,242)

(6,157)

(15,350)

(223,751)

(20,861)

9,739

(234,873)

Tax expenses

(100,575)

(4,159)

(6,695)

(12,432)

(123,861)

(12,195)

(136,056)

Depreciation and amortization

(61,953)

(1,602)

(637)

(2,897)

(67,089)

(356)

(67,445)

Profit before income tax

281,813

(4,372)

43,253

44,327

365,021

56,095

(63,571)

357,545

Income tax

(23,043)

3,551

(14,293)

(17,072)

(50,857)

(50,759)

Net income attributable to shareholders of the company and non-controlling interests

258,770

(821)

28,960

27,255

314,164

56,193

(63,571)

306,786

Non-controlling interest

(2,134)

(1,170)

(11,583)

(5,514)

(20,401)

204

(20,197)

Net income attributable to shareholders of the company

256,636

(1,991)

17,377

21,741

293,763

56,397

(63,571)

286,589

12/31/2025

Banfiing G Spending

Investments

Insurance Brofierage

Inter Shop

Total of reportable segments

Others

Eliminations

Consolidated

Total assets

96,813,106

887,911

404,279

792,270

98,897,566

4,958,428

(5,244,476)

98,611,518

Total liabilities

88,927,374

436,771

154,114

688,430

90,206,689

1,146,080

(3,134,213)

88,218,556

Total equity

7,885,732

451,140

250,165

103,840

8,690,877

3,812,348

(2,110,263)

10,392,962

The Group's risk management encompasses credit, market, liquidity, and operational risks. Risk management activities are carried out by independent and specialized structures, according to predefined policies and strategies, with the objective of identifying, measuring, monitoring, mitigating, and controlling exposure to financial and non-financial risks to which Inter is subject.

The model adopted by the Group is organized through governance bodies and committees supported by appropriate methodologies, models, and tools, seeking to ensure, among other things:

Segregation of duties and independence between business and control areas;

A dedicated risk management unit responsible for monitoring and reporting to the relevant authorities;

Formalized management process, with defined responsibilities and information flows;

Clear rules, a structure of competencies and levels of authority that are compatible with the complexity of the operations;

Defined limits and margins, aligned with risk appetite and strategic guidelines; and

Adopting best market practices, seeking continuous improvement in management effectiveness.

Credit risk is defined as the possibility of losses associated with the borrower's or counterparty's failure to meet their respective financial obligations under the agreed terms, or the devaluation of a credit contract resulting from an increased risk of default by the borrower, among other factors.

Financial instruments subject to credit risk undergo rigorous credit assessment prior to contracting, as well as throughout the term of the respective transactions. Credit analyses are based on the economic and financial capacity of the borrower or counterparty, their behavior, including payment history, credit reputation, and the terms and conditions of the respective credit transaction, including terms, rates, and guarantees.

The table belows presents the maximum credit risk exposure of financial assets and liabilities:

03/31/2026

12/31/2025

Financial Assets

Note

Gross value

Expected loss

Gross value

Expected loss

Cash and cash equivalents

4,296,629

3,801,513

Amounts due from financial institutions

4,045,025

(10,276)

4,313,571

(1,211)

Deposits at Central Bank of Brazil

7,887,762

7,867,658

Securities

27,366,631

(25,775)

29,057,040

(46,717)

Loans and advances to customers

49,822,075

(3,336,710)

48,251,180

(3,000,076)

Other assets (a)

107,807

(808)

114,483

(858)

Total

93,525,929

(3,373,569)

93,405,445

(3,048,862)

Financial liabilities

Loan commitments

19,684,534

(161,198)

26,750,795

(204,867)

Financial guarantees

692,060

(5,741)

645,589

(5,125)

Total

20,376,594

(166,939)

27,396,384

(209,992)

a) Refers to an advance payment on a foreign exchange contract.

(

Inter Group's main risk exposure is related to loan and customer advance portfolio, as presented in explanatory note no.12, and is mainly represented by operations of:

Credit card: credit transactions related to credit card limits, mostly without attached guarantees;

Business loans: working capital operations, receivables, discounts and loans in general, with or without collateral;

Real estate loans: loan and financing operations secured by real estate, with attached collateral;

Personal loans: loan and payroll deduction card transactions, personal loans with and without collateral; and

Agribusiness loans: financing operations for the costs of rural production, investment, marketing and/ or industrialization granted to rural producers, with or without collateral.

Mitigation of Exposure

To maintain exposures within the risk levels established by senior management, InterGCo adopts measures to mitigate credit risk. Credit risk exposure is mitigated through the structuring of guarantees, adapting the level of risk to be incurred to the characteristics of the guarantees provided at the time of granting. Risk indicators are continuously monitored, and proposals for alternative mitigation methods are evaluated whenever the credit risk exposure behavior of any unit, region, product, or segment so requires. Additionally, credit risk mitigation occurs through product repositioning and adjustments to operational processes or transaction approval levels.

Credit standards guide operational units and encompass, among other aspects, the classification, requirements, selection, evaluation, formalization, control, and reinforcement of guarantees, aiming to ensure the adequacy and sufficiency of mitigating instruments throughout the loan cycle.

In 2026, there were no material changes in the nature of credit risk exposures, how they arise, or the Group's objectives, policies, and processes for managing them, although InterGCo continues to improve its internal risk management processes.

Concentration by economic sector

The table belows presents the concentration by economic sector related to loans and advances to customers:

03/31/2026

12/31/2025

Construction

2,318,399

2,080,490

Trade

1,544,367

1,658,824

Industries

848,751

1,385,398

Administrative activities

820,050

785,016

Financial activities

427,320

406,577

Transportation

252,523

261,005

Agriculture

50,332

69,220

Other segments (a)

1,245,811

1,104,288

Business clients

7,507,553

7,750,818

Individual clients

42,314,522

40,500,362

Total

49,822,075

48,251,180

(a) It refers mainly to real estate activities, communication services, electricity, education, and the arts.

Concentration of the portfolio

The table belows presents the concentration of credit risk related to loans and advances to customers:

03/31/2026

12/31/2025

Balance

% on Loans and advances to customers

Balance

% on Loans and advances to customers

Largest debtor

286,343

0.57 %

184,344

0.38 %

10 largest debtors

994,977

2.00 %

1,014,930

2.10 %

20 largest debtors

1,537,968

3.09 %

1,540,450

3.19 %

50 largest debtors

2,558,764

5.14 %

2,477,816

5.14 %

100 largest debtors

3,516,788

7.06 %

3,383,310

7.01 %

iii. Segregation by time period

03/31/2026

12/31/2025

Overdue by 1 day or more

5,952,192

5,315,262

To fall due in up to 3 months

3,963,729

4,576,699

To fall due between 3 to 12 months

12,404,022

12,413,149

To fall due in more than 12 months

27,502,132

25,946,070

Total

49,822,075

48,251,180

Measurement

Measurement of credit risk at the Group is carried out considering the following:

At the time of granting credit, an assessment of the client's financial situation is carried out through the application of qualitative and quantitative methods, in order to support the adequacy of the proposed risk exposure;

The assessment is performed at the counterparty level and considers information on collateral, where applicable. Credit risk exposure is measured under extreme scenarios through stress tests and analysis of macroeconomic conditions-such as interest rates, unemployment rates, inflation indices, and economic activity; and

The models used to determine the internal rating of customers and loans are periodically reviewed to ensure they reflect the expected losses, as detailed in explanatory note 12. The estimate of expected losses on financial assets is divided into three categories (stages):

Stage 1: financial assets that have not shown a significant increase in credit risk;

Stage 2: financial assets that have shown a significant increase in credit risk; and

Stage 3: financial assets that have shown indications that they will not be fully honored under the originally agreed terms, or that are involved in bankruptcy proceedings, judicial reorganization, debt restructuring, or that require the enforcement of guarantees. Therefore, they are characterized as problematic assets.

Payment delays in portfolios are monitored to identify trends or changes in credit behavior and allow for the adoption of mitigating measures when necessary;

Expected credit loss reflects the risk level of loans and allows for monitoring and controlling the portfolio's exposure level and the adoption of risk mitigation measures;

Expected credit loss is a forecast of the risk levels of the loan portfolio. Its calculation is based on the historical payment behavior and the portfolio's distribution by product and risk level. This is a fundamental contribution to the process of setting prices for loans and advances to customers;

In addition to monitoring and measuring indicators under normal conditions, simulations of changes in the business environment and economic scenario are also carried out. This is done with the aim of predicting the impact of these changes on risk exposure levels, provisions and portfolio balance, as well as to support the process of reviewing exposure limits and credit risk policy; and

Expected losses are calculated by multiplying the credit risk parameters, as follows:

Probability of Default (PD): this refers to the probability of the client defaulting on their agreed obligations, according to internal evaluation models based on statistical methodologies. These models consider client behavior, internal ratings, business segments, product characteristics and warranties, as well as financial information and qualitative analyses from experts;

Loss Given Default (LGD): this refers to the percentage of loss relative to exposure in cases of default events, considering recovery efforts. Internal evaluation models are based on statistical methodologies that take into account the characteristics of the operation, such as product and warranty; and

Exposure at Default (EAD): this refers to the book value of the exposure at the time the expected loss is estimated. In the case of credit commitments or receivables to be released, the EAD will include the expected value of converting these amounts into exposure on the part of the customers.

Potential losses related to financial instruments are mitigated by the use of various types of real guarantees, formalized through legal instruments. The evaluation/re-evaluation of the effectiveness of the guarantees is carried out at least once every twelve months, considering the characteristics of the asset given as collateral, its market value, and the legal security of the contracts.

The main forms of collateral are: term deposits; financial investments; securities; residential and commercial real estate; vehicles; promissory notes and credit card invoices. Among the guarantees and sureties, bank guarantees stand out.

Payroll loans, substantially represented by payroll-deducted credit cards and personal loans, are deducted directly from borrowers' pensions, income, or salaries and settled directly by the entity responsible for making these payments (a private company or government agency). Credit cards generally do not have collateral.

The guarantees for a Real Estate Loan Portfolio are substantially constituted by the financed property. The following table demonstrates the value of loans secured by real estate, segregated by Loan to Value (LTV). LTV is the ratio between the value of a loan and the value of the financed asset. When it is higher, it may signal a greater risk for the lender, since it indicates a lower participation of the borrower's own capital in the transaction.

03/31/2026

12/31/2025

Less than or equal to 30%

2,691,868

2,565,053

Greater than 30% and less than or equal to 50%

4,648,193

4,432,991

Greater than 50% and less than or equal to 70%

7,126,664

6,646,170

Greater than 70% and less than or equal to 90%

2,741,557

2,415,905

Greater than 90%

122,646

134,603

Total

17,330,928

16,194,722

Liquidity risk represents the possibility that the Group may not be able to efficiently meet its financial obligations, whether expected or unexpected, including obligations arising from guarantees granted and extraordinary redemptions by clients. This risk also covers scenarios in which InterGCo may face difficulties in liquidating assets at market prices, either due to the significant volume of the operation in relation to usual activity, or due to market disruptions or dysfunctions.

Liquidity risk is managed institutionally through a governance structure with responsibilities clearly distributed among the Board of Directors, the Assets and Liabilities Committee (ALCO), the Risk Committee, and the Risk Management Office (CRO). Specifically, the Risk Management Office is responsible for the continuous monitoring and tracking of liquidity risk exposure.

The risk management structure operates independently and proactively, aiming to continuously monitor liquidity indicators and prevent any exceeding of established limits. Management comprehensively covers InterGCo's cash inflows and outflows, allowing for the timely implementation of mitigation actions when necessary.

Liquidity risk monitoring is performed daily, and its follow-up is conducted periodically by the Assets and Liabilities Committee (ALCO), which systematically evaluates the available information, including:

Analysis of the mismatch between assets and liabilities, net inflows, and maturity forecasts;

Monitoring of liquidity limits and ratios;

Concentration of investors and exposure to liquidity risk of the Group;

Stress tests and liquidity contingency plans; and

Periodic reports on the positions of Inter and its subsidiaries.

The structure considers internal and external factors that impact the Group's liquidity, carrying out detailed daily monitoring of incoming and outgoing loan and customer advance transactions, Certificates of Deposit (CDB), Savings Deposits, Agribusiness Credit Notes (LCA), Real Estate Credit Notes (LCI), Guaranteed Real Estate Notes (LIG), Financial Notes (LF) and Demand Deposits.

The information presented in note 6.d constitutes a relevant component of liquidity risk monitoring and is observed and used by the Group in this context.

Up to the base date of March 31, 2026, there have been no material changes in the nature of liquidity risk exposures, monitoring methodologies, internal policies, and the Group's processes for managing them. The Group, however, continues to improve its internal risk management processes.

The table below presents the projected future realizable value of the Group's financial assets and liabilities by contractual term:

Current Non-Current Total Total

days

years

Financial assets

Note 1 to 30 days 31 to 180

181 to 365

days

1 to 5 Years Over 5

03/31/2026 12/31/2025

Cash and cash equivalents

4,296,629

3,801,513

Amounts due from financial institutions, net of provisions for expected credit losses

4,757,076

4,600,218

Deposits at Central Bank of Brazil

7,887,762

7,867,658

Securities, net of provisions for expected credit losses

721,356

659,655

5,209,989

18,419,783

2,330,073

27,340,856

29,010,323

Derivative financial assets

3,408

12,614

13,884

1,542

100

31,548

58,915

Loans and advances to customers, net of provisions for expected credit losses

12.a

692,913

5,916,032

9,254,316

9,342,250

21,279,854

46,485,365

45,251,104

Other assets (a)

64,849

138,158

44,729

225,639

193,748

667,123

651,808

Total

18,423,993

6,726,459

14,522,918

27,989,214

23,803,775

91,466,359

91,241,539

Financial liabilities

Deposits from customers (b)

18,755,249

3,260,762

6,405,189

25,729,705

54,150,905

54,883,084

Deposits from banks

15,459,474

222,076

48,564

15,730,114

14,585,704

Securities issued

524,972

3,415,823

1,695,428

8,233,931

1,128,555

14,998,709

14,127,144

Derivative financial liabilities

2,107

4,355

8,966

24,617

30,274

70,319

54,114

Borrowing and on-lending

1,393

315,625

375,178

43,987

736,183

817,495

Other liabilities (c)

3,243

108,089

111,332

118,550

Total

34,741,802

6,904,409

8,477,015

34,471,520

1,202,816

85,797,562

84,586,091

Asset/Liability Difference (d)

(16,317,809)

(177,950)

6,045,903

(6,482,306)

22,600,959

5,668,797

6,655,448

Other financial assets consist substantially of amounts relating to the variable portion of the sale of 40% of the subsidiary Inter Digital Corretora e Consultoria de Seguros Ltda. ("Inter Seguros"), to Wiz Soluções e Corretagem de Seguros SA ("Wiz") on May 8, 2019, advance payment on a foreign exchange contract, commissions and bonuses receivable, and premium or discount on a financial asset transfer transaction;

In general, fixed-term deposits (CDBs) are issued with an early liquidity clause, and the client (counterparty) can redeem them at any time until the final maturity date. For disclosure purposes, CDBs are allocated according to the number of days remaining until maturity. However, for risk management purposes, considering both market risk and liquidity risk, a methodology (statistical behavior model) is used that focuses on allocating positions (CDBs) to a more likely maturity date;

Composed of financial liabilities from leases, as per explanatory note 22.b; and

The observed mismatches stem from the different characteristics and contractual terms of the financial assets and liabilities, and do not necessarily represent limitations in the institution's effective liquidity position.

The following table represents InterGCo's financial assets and liabilities, segregated into current (expected to be realized within 12 months of the balance sheet date) and non-current (expected to be realized more than 12 months after the balance sheet date), taking into account their remaining contractual term at the date of the consolidated financial statements:

03/31/2026

Note

Current

Non-current

Total

Financial assets

Cash and equivalents

4,296,629

Amounts due from financial institutions, net of provisions for expected credit losses

4,757,076

Deposits at Central Bank of Brazil

7,887,762

Securities, net of provisions for expected credit losses

6,591,000

20,749,856

27,340,856

Derivative financial assets

29,906

1,642

31,548

Loans and advances to customers, net of provisions for expected credit losses

15,863,261

30,622,104

46,485,365

Other assets (a)

247,736

419,387

667,123

Total

39,673,370

51,792,989

91,466,359

Financial liabilities

Deposits from customers (b)

28,421,200

25,729,705

54,150,905

Deposits from banks

15,730,114

Securities issued

5,636,223

9,362,486

14,998,709

Derivative financial liabilities

15,428

54,891

70,319

Borrowings and on-lending

317,018

419,165

736,183

Other liabilities (c)

3,243

108,089

111,332

Total

50,123,226

35,674,336

85,797,562

In general, fixed-term deposits (CDBs) are issued with an early liquidity clause, and the client (counterparty) can redeem them at any time until the final maturity date. For disclosure purposes, CDBs are allocated according to the number of days remaining until maturity. However, for risk management purposes, considering both market risk and liquidity risk, a methodology (statistical behavior model) is considered that focuses on allocating positions (CDBs) to a more likely maturity date; and

Composed of financial liabilities from leases, as per explanatory note 22.b.

12/31/2025

Note

Current

Non-current

Total

Financial assets

Cash and equivalents

3,801,513

Amounts due from financial institutions, net of provisions for expected credit losses

4,600,218

Deposits at Central Bank of Brazil

7,867,658

Securities, net of provisions for expected credit losses

5,336,220

23,674,103

29,010,323

Derivative financial assets

58,915

Loans and advances to customers, net of provisions for expected credit losses

16,529,364

28,721,740

45,251,104

Other assets (a)

162,091

489,717

651,808

Total

38,355,979

52,885,560

91,241,539

Financial liabilities

Deposits from customers (b)

27,819,621

27,063,463

54,883,084

Deposits from banks

14,585,704

Securities issued

5,289,085

8,838,059

14,127,144

Derivative financial liabilities

52,958

1,156

54,114

Borrowings and on-lending

285,089

532,406

817,495

Other liabilities (c)

4,633

113,917

118,550

Total

48,037,090

36,549,001

84,586,091

In general, fixed-term deposits (CDBs) are issued with an early liquidity clause, and the client (counterparty) can redeem them at any time until the final maturity date. For disclosure purposes, CDBs are allocated according to the number of days remaining until maturity. However, for risk management purposes, considering both market risk and liquidity risk, a methodology (statistical behavior model) is considered that focuses on allocating positions (CDBs) to a more likely maturity date; and

Composed of financial liabilities from leases, as per explanatory note 22.b.

Market risk is defined as the possibility of losses resulting from fluctuations in the market values of positions held by the Institution and its subsidiaries, including the risks of operations subject to exchange rate variations, interest rates, stock prices, and commodity prices.

Market risk management aims primarily to support business areas by establishing processes and implementing the necessary tools for assessing and controlling related risks. This structure enables the measurement and monitoring of risk levels according to guidelines established by senior management. Monitoring is carried out daily, with periodic follow-up conducted by the Assets and Liabilities Committee (ALCO). Market risk controls allow for the analytical evaluation of information and are in a constant process of improvement.

Within the risk management process, InterGCo classifies its operations, including derivative financial instruments, as follows:

Trading boofi: This includes all transactions intended for trading before their contractual expiration or intended to hedge the trading portfolio and that are not subject to limitations on their negotiability.

Banfiing boofi: This includes transactions not classified in the trading portfolio.

Aligned with best market practices, the Group manages its risks dynamically, seeking to identify, measure, evaluate, monitor, report, control, and mitigate market risk exposures from its own positions. One of the main evaluation tools is the value at risk (VaR) model, calculated using a parametric methodology, with a 99% confidence level and a 21-business-day time horizon.

The value-at-risk for the Trading Book positions are as follows:

Risfi factor

03/31/2026

12/31/2025

IPCA Coupon (a)

6,422

5,370

Fixed rate

1,381

401

USD Coupon

13,141

5,734

Foreign currencies

41,298

18,740

Share price

352

Subtotal

62,594

30,315

Diversification effects (correlation)

19,610

12,270

Value-at-Risfi

42,984

18,045

VaR over assets

0.04 %

0.03 %

(a) Price index coupon is composed of the risk factors IPCA (consumer price index calculated by IBGE - Brazilian Institute of Geography and Statistics) and IGPM (General Price Index - Market, calculated by Fundação Getulio Vargas (FGV).

The VaR of the banking portfolio are as follows:

Risfi factor

03/31/2026

12/31/2025

IPCA Coupon (a)

1,425,079

869,347

Fixed rate

120,459

74,245

TR Coupon (b)

65,764

34,499

Others

102,243

294,141

Subtotal

1,713,545

1,272,232

Diversification effects (correlation)

217,252

325,523

Value-at-Risfi

1,496,293

946,709

VarR over assets

1.50 %

0.96 %

Price index coupon is composed of the risk factors IPCA (consumer price index calculated by IBGE - Brazilian Institute of Geography and Statistics) and IGPM (General Price Index - Market, calculated by Fundação Getulio Vargas (FGV); and

The interest rate coupon is equivalent to the Reference Rate (TR) and is one of the components that define the profitability of savings and the FGTS (Service Time Guarantee Fund).

To determine the sensitivity of the Group's economic value to market movements, the mark-to-market (MTM) delta of assets and liabilities was calculated in different scenarios, considering relevant risk factors, during the analyzed period. The results that would negatively affect the Group's positions are presented below:

Scenario 1: applying shocks of 1 basis point to interest rates and a 1% variation to prices (foreign currencies and stocks), based on available market information;

Scenario 2: shocks of 25% variation in market curves and prices; and

Scenario 3: shocks of 50% variation in market curves and prices.

It should be noted that the impacts reflect a static view of the portfolio. Market dynamism and portfolio composition fluctuations mean that these positions change continuously, not necessarily reflecting the Group's future position. The Group has an ongoing process for monitoring market risk and, in the event of a deterioration in its position or portfolio, implements mitigating actions to minimize potential negative effects.

Exposures

Banking and Trading book Scenarios 03/31/2026

Risfi factor

Rate variation in scenario 1

Scenario 1

Rate variation in scenario 2

Scenario 2

Rate variation in scenario 3

Scenario 3

IPCA coupon (a)

increase

(5,820)

increase

(955,885)

increase

(1,717,365)

Fixed rate

increase

(4,222)

increase

(1,366,895)

increase

(2,563,136)

TR coupon (b)

increase

(544)

increase

(133,599)

increase

(229,401)

USD coupon

decrease

(30)

decrease

(6,753)

decrease

(13,728)

Others

decrease

(5,945)

decrease

(148,622)

decrease

(297,244)

The IPCA is a consumer price index calculated by the IBGE (accumulated during each period); and

The Reference Rate (TR) is one of the components that determine the profitability of savings accounts and the FGTS (Severance Indemnity Fund).

Exposures

Banking and Trading book Scenarios 12/31/2025

Risfi factor

Rate variation in scenario 1

Scenario 1

Rate variation in scenario 2

Scenario 2

Rate variation in scenario 3

Scenario 3

IPCA coupon (a)

increase

(5,638)

increase

(914,806)

increase

(1,648,619)

Fixed rate

increase

(4,362)

increase

(1,379,571)

increase

(2,590,233)

TR coupon (b)

increase

(511)

increase

(122,128)

increase

(208,431)

USD coupon

decrease

(46)

decrease

(8,085)

decrease

(16,369)

Others

decrease

(2,554)

decrease

(63,843)

decrease

(127,687)

The IPCA is a consumer price index calculated by the IBGE (accumulated during each period); and

The Reference Rate (TR) is one of the components that determine the profitability of savings accounts and the FGTS (Severance Indemnity Fund).

Policy

Inter considers the management of operational risks strategic for the success, transparency, and longevity of its business. The adoption of best practices is essential for sustainability and growth.

Operational risk management aims to identify, assess, and monitor risks, and is defined as the risk of losses resulting from inadequate or faulty internal processes, people, and systems, or external events. This definition includes legal risk, but excludes strategic and reputational risk.

Operational risk events can be classified:

Internal frauds;

External frauds;

Labor demands and poor workplace safety;

Inappropriate practices relating to end users, customers, products and services;

Damage to physical assets owned or used by the institution;

Situations that lead to the interruption of the institution's activities or the discontinuation of services provided, including payments;

Failures in information technology (IT) systems, processes or infrastructure; and

Failures in the execution, meeting deadlines, or management of the institution's activities, including those related to payment arrangements.

For payment activities, the clauses include:

- failures in the protection and security of sensitive data related to both end-user credentials and other information exchanged for the purpose of carrying out payment transactions;

- failures in the identification and authentication of the end user in a payment transaction;

- failures in the authorization of payment transactions; and

- failures in initiating payment transactions.

Inter adopts the management model of the three lines of defense in light of its size, business model and risk appetite.

The operational risk management structure, including technological and cyber risks, promotes an organizational culture focused on prevention and effective risk management. This approach encompasses both a forward-looking view to anticipate future risks and a historical perspective to analyze trends and patterns of losses.

These procedures are supported by market tools, best practices based on international frameworks, a Risk Appetite Statement (RAS) approved by the Board of Directors, as well as a system of internal controls, independently assessed for their effectiveness and execution, in order to ensure compliance with the risk appetite limits defined by the Company.

Financial instruments are classified into the following measurement categories:

Fair value through profit or loss (FVTPL);

Fair value through other comprehensive income (FVOCI); and

Amortized cost.

The measurement of the fair value of a financial asset or liability is classified into one of three approaches based on the type of information used for valuation, known as fair value hierarchy levels:

Level 1 - Includes financial instruments whose fair values are based on quoted (unadjusted) prices in active markets for identical assets or liabilities.

An active market is one in which transactions for the measured asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 - It includes assets and liabilities that do not have prices directly available in active markets, and are priced using conventional or internal models.

The methodology used for measuring financial assets and liabilities classified as "Level 2" employs observable information for the asset or liability at market: (i) quoted prices of similar items in an active market; (ii) identical items in an inactive market; or (iii) other information extracted from related markets.

Level 3 - It utilizes unobservable information for the asset or liability, allowing the application of internal models and techniques.

The following table presents the composition of financial instruments according to their accounting classification: fair value through profit or loss (FVPL), fair value through other comprehensive income (FVOCI), and amortized cost. It also shows the carrying amounts and fair values of the financial instruments, including their levels in the fair value hierarchy. Inter does not include fair value information for financial assets and liabilities when the carrying amount is a reasonable approximation of fair value.

03/31/2026

Financial assets

Level 1

Level 2

Level 3

Fair Value

Bonds and shares issued by non-financial companies

943,849

Investment funds shares

210,373

402,632

613,005

Brazilian government securities

454,908

Securities issued by financial institutions

54,755

Derivative financial assets

31,548

Total

665,281

1,432,784

2,098,065

Financial liabilities

Derivative financial liabilities

70,319

Total

70,319

12/31/2025

Financial assets

Level 1

Level 2

Level 3

Fair Value

Bonds and shares issued by non-financial companies

297,752

Investment funds shares

258,626

280,559

539,185

Brazilian government securities

485,596

Securities issued by financial institutions

672,512

Derivative financial assets

58,915

Securities issued abroad

29,148

Total

773,370

1,309,738

2,083,108

Financial liabilities

Derivative financial liabilities

54,114

Total

54,114

03/31/2026

Financial assets

Level 1

Level 2

Level 3

Fair Value

Brazilian government securities

18,145,772

Securities issued abroad

3,865,639

Bonds and shares issued by non-financial companies

683,676

Securities issued by financial institutions

206,035

Total

18,145,772

4,755,350

22,901,122

12/31/2025

Financial assets

Level 1

Level 2

Level 3

Fair Value

Brazilian government securities

20,298,248

Securities issued abroad

993,494

2,741,439

3,734,933

Bonds and shares issued by non-financial companies

581,390

Securities issued by financial institutions

107,671

Total

21,291,742

3,430,500

24,722,242

The table below shows the book and fair values of financial instruments that were not presented at fair value in the balance sheet, as well as their categorization by hierarchical levels.

03/31/2026

Financial Assets Level 1 Level 2 Level 3 Fair Value Boofi Value

Loans and advances to customers, net of provisions for expected credit losses

Amounts due from financial institutions, net of provisions for expected credit losses

- - 46,099,451 46,099,451 46,485,365

- - 4,751,477 4,751,477 4,757,076

Deposits at Central Bank of Brazil - - - 7,887,762 7,887,762

Cash and equivalents - - - 4,296,629 4,296,629

Securities

1,220,991

466,937

559,981

2,247,909

2,373,217

Total 1,220,991 466,937 51,410,909 65,283,228 65,800,049

Financial Liabilities

Deposits from customers - 54,170,955 - 54,170,955 54,150,905

Deposits from banks - 15,730,116 - 15,730,116 15,730,114

Securities issued - 14,990,885 - 14,990,885 14,998,709

Borrowings and on-lending - 736,183 - 736,183 736,183

Total - 85,628,139 - 85,628,139 85,615,911

12/31/2025

Financial Assets Level 1 Level 2 Level 3 Fair Value Boofi Value

Loans and advances to customers, net of provisions for expected credit losses

Amounts due from financial institutions, net of provisions for expected credit losses

- - 45,007,406 45,007,406 45,251,104

- - 4,595,148 4,595,148 4,600,218

Deposits at Central Bank of Brazil - - - 7,867,658 7,867,658

Cash and equivalents - - - 3,801,513 3,801,513

Securities

1,184,277

405,523

558,471

2,148,271

2,263,888

Total 1,184,277 405,523 50,161,025 63,419,996 63,784,381

Financial Liabilities

Deposits from customers - 54,911,778 - 54,911,778 54,883,084

Deposits from banks - 14,585,740 - 14,585,740 14,585,704

Securities issued - 14,174,392 - 14,174,392 14,127,144

Borrowings and on-lending - 817,495 - 817,495 817,495

Total - 84,489,405 - 84,489,405 84,413,427

Loans and advances to customers, Loans and advances to financial institutions, net of provision: Fair value is estimated for groups of loans with similar financial and risk characteristics, net of provision. It is calculated by discounting the projected cash flows of principal and interest to maturity, using a rate proportional to the risk associated with the estimated cash flows. The assumptions related to cash flows and discount rates are determined using market-available information and credit risk assessments associated with the customers.

Required reserves at the Central Banfi of Brazil and cash and cash equivalents: The carrying amount of these instruments approximates their fair value.

Brazilian government bonds: Market-quoted prices are the best indicators of the fair values of these financial instruments.

Securities and Bonds Issued Abroad: Market-quoted prices are the best indicators of the fair values of these financial instruments, and can be priced using conventional or internal models, with inputs obtained directly or constructed from observations of active markets, or even generated by statistical and mathematical models.

Other Financial Assets and Liabilities: The carrying amounts of these instruments closely approximate their fair values.

Deposits with customers, deposits with financial institutions, and issued securities: These are calculated by discounting the estimated cash flows using market interest rates.

During the period ended March 31, 2026, there was no change in the measurement method for financial instruments that resulted in the reclassification of financial assets and liabilities between different levels of the fair value hierarchy.

03/31/2026

12/31/2025

Cash and equivalents in foreign currency

1,582,371

2,891,189

Cash and equivalents in national currency

280,763

247,183

Reverse repurchase agreements (a)

2,433,495

663,141

Total

4,296,629

3,801,513

(a) Refers to transactions whose maturity, on the date of application, was equal to or less than 90 days and present an insignificant risk of change in fair value. Due to the short term and low volatility of these financial instruments, no provision for losses was established, since the credit risk is considered minimal and there is no expectation of significant variations in market value until maturity.

03/31/2026

12/31/2025

Loans to financial institutions (a)

4,045,025

4,313,571

Interbank deposit investments

555,130

267,305

Interbank on-lending

167,197

20,553

Expected credit loss (a)

(10,276)

(1,211)

Total

4,757,076

4,600,218

(a) Refers essentially to the anticipation of receivables and amounts to be received from card issuers.

a. Composition of securities net of expected credit losses:

03/31/2026

12/31/2025

Fair value through other comprehensive income - FVOCI

Financial treasury bills

10,956,169

12,088,911

Securities issued abroad

3,865,639

3,734,933

National treasury bills

3,623,847

4,405,497

National treasury notes

3,565,758

3,803,839

Commercial promissory notes

547,919

562,765

Fixed-term deposit with special guarantee

206,035

Certificates of real estate receivables

79,269

69,351

Certificates of agricultural receivables

39,159

38,320

Debentures

17,327

18,626

Subtotal

22,901,122

24,722,242

Amortized cost

National treasury notes

707,382

704,788

National treasury bills

617,527

596,348

Rural product bill

564,533

557,229

Securities issued abroad

466,697

405,523

Financial treasury bills

16,838

Bank deposit certificates

240

Subtotal

2,373,217

2,263,888

Fair value through profit or loss - FVTPL

Investment fund shares

613,005

539,184

Certificates of real estate receivables

515,347

496,569

Financial treasury bills

454,437

483,983

Commercial promissory notes

156,709

160,728

Debentures

137,674

137,024

Certificates of agricultural receivables

134,118

122,382

Agribusiness credit bills

18,539

5,535

Development bills of credit

17,867

5,625

Financial bills

12,181

18,276

Bank deposit certificates

4,110

22,619

Real estate credit bills

1,033

1,506

Fixed-term deposit with special guarantee

1,025

National treasury notes

472

1,614

Securities issued abroad

29,148

Subtotal

2,066,517

2,024,193

Total

27,340,856

29,010,323

As of March 31, 2026, the expected loss on securities totaled R$ 25,775, broken down as follows: R$ 19,355 (75.1%) in stage 1, R$ 920 (3.6%) in stage 2, and R$ 5,500 (21.3%) in stage 3. As of December

31, 2025, the expected loss totaled R$ 46,717, broken down as follows: R$ 28,259 (60.5%) in stage 1,

R$ 4,981 (10.7%) in stage 2, and R$ 13,477 (28.8%) in stage 3.

InterGCo classifies R$ 24,255,360 (88.7%) of the portfolio as low credit risk, mainly due to the predominance of Federal Government Bonds (Brazil). For this reason, no provisions for expected credit loss are made on this portion (As of December 31, 2025, it totaled R$ 27,066,513 (93.3%)).

The remaining R$ 3,085,496 (11.3%) of the portfolio corresponds to assets that have inherent credit risk, and therefore are subject to assessment for the establishment of provisions (As of December 31, 2025, it totaled R$ 1,952,810 (6.7%)).

Credit risk securities are classified as follows: R$ 2,798,210 (10.2%) in stage 1, R$ 275,385 (1.0%) in stage 2 and R$ 11,901 (0.04%) in stage 3 (As of December 31, 2025, they were classified as: R$ 2,124,821

(77.1%) in stage 1, R$ 75,862 (2.8%) in stage 2 and R$ 17,956 (0.7%) in stage 3).

03/31/2026

Up to 3 months

3 months to 1 year

1 year to 3 years

From 3 to 5 years

Above 5 years

Boofi value

Fair value through other comprehensive income - FVOCI

5,057,603

6,749,908

9,291,858

1,801,753

22,901,122

Financial treasury bills

43,361

4,207,407

6,705,401

10,956,169

Securities issued abroad

3,865,639

National treasury bills

102,987

1,903,168

1,192,195

425,497

3,623,847

National treasury notes

1,030,835

227,030

1,028,033

1,279,860

3,565,758

Commercial promissory notes

10,029

159,452

359,126

19,312

547,919

Fixed-term deposit with special guarantee

206,035

Certificates of real estate receivables

2,185

77,084

79,269

Certificates of agricultural receivables

4,752

34,407

39,159

Debentures

12,409

4,918

17,327

Amortized cost

131,136

642,951

764,798

664,992

169,340

2,373,217

National treasury notes

538,042

169,340

707,382

National treasury bills

559,707

57,820

617,527

Rural product bill

52,720

83,244

301,859

126,710

564,533

Securities issued abroad

78,416

388,281

466,697

Financial treasury bills

16,838

Bank deposit certificates

240

Fair value through profit or loss - FVTPL

615,332

143,978

521,513

426,714

358,980

2,066,517

Investment fund shares

613,005

Certificates of real estate receivables

582

106,016

223,829

184,920

515,347

Financial treasury bills

121,973

321,059

11,405

454,437

Commercial promissory notes

55,506

101,203

156,709

Debentures

5,573

19,258

112,778

137,674

Certificates of agricultural receivables

2,149

24,003

52,799

55,167

134,118

Agribusiness credit bills

336

16,314

1,758

131

18,539

Development bills of credit

135

17,732

17,867

Financial bills

517

5,969

5,695

12,181

Bank deposit certificates

913

1,255

1,605

291

4,110

Real estate credit bills

415

594

1,033

Fixed-term deposit with special guarantee

1,025

National treasury notes

374

472

Total

746,468 5,844,532 8,036,219 10,383,564 2,330,073 27,340,856

12/31/2025

Up to 3 months

3 months to 1 year

1 year to 3 years

From 3 to 5 years

Above 5 years

Boofi value

Fair value through other comprehensive income - FVOCI

1,001,238

3,226,917

8,905,899

4,130,580

7,457,608

24,722,242

Financial treasury bills

7,053

17,979

5,560,970

1,766,182

4,736,727

12,088,911

Securities issued abroad

992,815

2,742,118

3,734,933

National treasury bills

426,846

1,052,186

934,293

1,992,172

4,405,497

National treasury notes

2,045

1,963,930

1,297,121

540,743

3,803,839

Commercial promissory notes

488

297,608

104,056

160,613

562,765

Certificates of real estate receivables

220

32,543

19,344

5,589

11,655

69,351

Certificates of agricultural receivables

446

568

11,568

10,040

15,698

38,320

Debentures

216

4,818

293

13,299

18,626

Amortized cost

93,279

222,697

1,323,217

624,695

2,263,888

National treasury notes

185,700

519,088

704,788

National treasury bills

540,540

55,808

596,348

Rural product bill

93,279

222,697

191,454

49,799

557,229

Securities issued abroad

405,523

Fair value through profit or loss - FVTPL

618,372

173,717

574,396

387,007

270,701

2,024,193

Investment fund shares

539,184

Certificates of real estate receivables

151,933

55,605

138,836

150,160

496,569

Financial treasury bills

43,260

543

388,952

51,228

483,983

Commercial promissory notes

25,081

135,647

160,728

Debentures

124

1,869

45,150

25,035

64,846

137,024

Certificates of agricultural receivables

264

2,618

40,987

30,395

48,118

122,382

Development bills of credit

289

5,336

5,625

Financial bills

2,907

9,465

5,904

18,276

Bank deposit certificates

5,405

11,467

5,057

448

242

22,619

Real estate credit bills

629

844

1,506

Securities issued abroad

29,148

Agribusiness credit bills

323

1,215

3,990

5,535

National treasury notes

1,431

1,614

Total

1,712,889 3,623,331 10,803,512 5,142,282 7,728,309 29,010,323

The accounting policy on Derivatives is presented in Note 4, item e.

InterGCo engages in derivatives trading to meet its own needs and those of its clients, aiming to reduce exposure to market risks, exchange rate fluctuations, and interest rate variations.

These operations encompass various types of derivatives, such as forward contracts, futures, swaps, options, and credit derivatives.

Forward contracts: These are traded over-the-counter, where the buying or selling of financial or nonfinancial instruments takes place on a specific future date, at a pre-agreed price.

The main purpose of using forward contracts is to mitigate market risks arising from Inter's exposure and to meet client demands. Forward contracts involve the purchase or sale of a specific asset based on a pre-agreed price, with settlement on a future date.

Futures contracts: These are standardized contracts, traded on the stock exchange, that establish the purchase or sale of financial or non-financial instruments on a future date, at a fixed price.

The Group's objective in using futures contracts is to mitigate: (i) risks arising from exchange rate-linked exposures, including investments abroad; and (ii) risks arising from the mismatch between interest rates on active positions and funding rates.

Swap contracts: These are contracts that involve the exchange of cash flows or returns between two parties over a specified period, based on various indexers (such as interest rates, exchange rates, or commodity prices).

The swaps was carried out to mitigate the market risk associated with the mismatch between the indexers of the mortgage loan portfolio and the indexers of the funding portfolio.

Options contracts: These are contracts that grant the acquirer, through the payment of a premium, the right to buy or sell financial or non-financial assets/liabilities at a predetermined value during a specified period.

Assets Liabilities

03/31/2026

12/31/2025

03/31/2026

12/31/2025

Swap (adjustments to be received/paid)

3,586

286

499

1,209

Options (prizes received/paid)

6,735

6,656

Futures Contracts (adjustments to receive/to pay)

4,332

54,575

57,495

3,824

Forward Contracts (adjustments to receive/to pay)

16,895

4,043

5,669

49,073

Total

31,548

58,915

70,319

54,114

Derivatives include BMGF transactions maturing in D+1.

Up to 3 months

3 months to 1 year

1 year to 3 years

3 years to 5 years

Above 5 years

03/31/2026 12/31/2025

Swap contracts

37,141

28,247

5,950

71,338

56,335

Interbank Market

31,639

15,955

5,950

53,544

31,639

Foreign Currency

12,292

19,194

Pre (CDS)

5,502

Buy Positions

867,762

115,323

983,085

737,563

Options contracts

8,017

8,038

1,982

By Put Options

8,017

1,982

Future contracts

779,176

20,249

799,425

476,400

Currency Exchange Rate Coupon

194,501

20,249

214,750

129,432

Foreign Currency

318,388

44,065

Interbank Market

266,287

302,903

Forward contracts

88,565

87,057

175,622

259,181

Foreign Currency

88,565

87,057

175,622

259,181

Sales Positions

2,315,843

1,829,127

4,080,363

2,633,012

2,940,085

13,798,430

16,185,260

Options contracts

7,867

1,870

Sell Put Option

7,867

1,870

Future contracts

2,181,910

1,750,759

4,080,363

2,633,012

2,940,085

13,586,129

15,120,824

Currency Exchange Rate Coupon

250,185

283,054

533,239

334,333

Foreign Currency

1,652,120

2,793,673

Interbank Market

279,605

610,399

1,181,993

505,381

264,101

2,841,479

4,085,737

IPCA Coupon

857,306

2,898,370

2,127,631

2,675,984

8,559,291

7,907,081

Forward contracts

133,933

70,501

204,434

1,062,566

Foreign Currency

133,933

70,501

204,434

1,062,566

Total

3,183,605

1,981,591

4,108,610

2,638,962

2,940,085

14,852,853

16,979,158

The value of the margins given as collateral was R$ 3,244,569 (R$ 3,204,286 as of December 31, 2025), consisting mainly of government bonds.

The accounting policy regarding Hedge Accounting is presented in explanatory note 4 e.

InterGCo employs a risk management strategy through hedging operations, aiming to mitigate exposure to interest rates, exchange rate fluctuations, and cash flows. To more accurately reflect the economic results of these strategies in the financial statements, the results are presented using a hedge accounting approach, conducted in accordance with the strategy and purpose of the framework, which may include:

(i) Cash Flow Hedge, (ii) Fair Value Hedge, and (iii) Net Investment Hedge in a foreign subsidiary.

The hedge accounting structure is periodically evaluated throughout its term using two complementary approaches: (i) Portfolio Coverage Percentage: InterGCo seeks to maintain coverage aligned with the economic strategies adopted by the institution, observing the balance between the effectiveness of the protection and the economic optimization of the structure, with the hedge ratio defined based on the identified exposure and the designated hedging instrument; (ii) Prospective and Retrospective Effectiveness: evaluated with the objective of demonstrating and monitoring the existence of a valid economic relationship between the hedged item and the designated hedging instrument, which can be determined qualitatively and/or quantitatively, through scenario testing of the main market variables.

In this context, part of the result of the structure may be recognized directly in the income statement or in Other Comprehensive Income (OCI) in Equity, net of tax effects, being transferred to the income statement in case of ineffectiveness or liquidation of the hedging structure.

Cash Flow Hedge

Hedging Instruments (a) Hedged Items

Strategy

Nominal amount

Carrying amount (b)

Changes in the value of the hedging instrument recognized in OCI

Hedge ineffectiveness recognized in statements of income

Hedge costs recognized in OCI

Amount reclassified from the hedge reserve to statements of income

Amount reclassified from the hedge costs reserve to statements of income

Changes in fair value used for calculating hedge ineffectiveness

Hedge costs reserve (c)

Cash flow hedge reserve (c)

Balances remaining in the cash flow reserve from hedging relationships for which hedge accounting is no longer applied

As of March 31, 2026

39,659

648

17,905

(39,011)

- -

Securities issued abroad

39,659

648

17,905

(39,011)

- -

As of March 31, 2025

1,337,801

6,478

68,834

(1,065)

(3,617)

141

(69,899)

(10,367)

- -

Securities issued abroad

1,337,801

6,478

68,834

(1,065)

(3,617)

141

(69,899)

(10,367)

- -

The hedging instrument used is NDFs (Non-Deliverable Forwards). The hedged item consists of government bonds issued abroad, considered low-risk, with varying maturities and without periodic interest payments. This group designates only the variations in the fair value of the spot component of foreign exchange forward contracts with a hedging instrument in cash flow hedging relationships. The variations in the fair value of the forward component of such contracts are accounted for separately as hedging costs and recognized in ORA (Operational Revenue Account); In March 2025, the hedged object also included obligations to suppliers, which were protected with dollar futures (a hedging instrument);

The object is being presented under the heading "Securities and Financial Instruments," net of provisions for expected losses; the instrument is being presented under the heading "Derivative Financial Instruments" in the balance sheet. The effect of the result is demonstrated in the heading "Net Interest Income and Revenue from Securities, Derivatives and Foreign Exchange" in the consolidated income statement; and

Hedge Cost Reserve and Cash Flow hedge represent the accumulated amount related to changes in the instrument reclassified to ORA since the inception of the hedging accounting framework.

Banco Inter executed a cash flow hedge operation to protect securities issued abroad, which began on September 25, 2025, and ended on March 19, 2026. The hedge reserve of R$1.061, which was allocated to Other Comprehensive Income, was redirected to Profit or Loss.

Fair Value Hedge

Below, we present the effects of hedging accounting on InterGCo's financial position and performance:

Hedging Instruments Hedged Items (c)

Strategy Nominal amount Carrying amount

Changes in fair value used for calculating hedge ineffectiveness

Hedge ineffectiveness recognized in statements of income

Carrying amount

Adjustment to gross fair value recorded in the statement of income

Accumulated amount of fair value hedge adjustments on the hedged item

As of March 31, 2026

10,914,553

(52,732)

6,666

(348)

10,945,010

(7,014)

254,231

Credit operation hedging (a)

2,704,928

(14,498)

11,062

2,704,796

(11,054)

86,852

Hedge of mortgage lending transactions (b)

8,209,625

(38,234)

(4,396)

(356)

8,240,214

4,040

167,379

As of March 31, 2025

6,154,915

(13,638)

(68,200)

1,570

5,986,642

69,770

379,446

Credit operation hedging (a)

2,868,914

(3,899)

(52,955)

(1,173)

2,762,281

51,782

199,801

Hedge of mortgage lending transactions (b)

3,286,001

(9,739)

(15,245)

2,743

3,224,361

17,988

179,645

The hedging instrument used is the DI Future Rate. The hedge covers loan portfolios, including early withdrawal of FGTS (Brazilian employee severance fund) and payroll loans;

The hedging instrument used is the DAP (Debt-to-Equity Agreement). The hedged item covers the mortgage loan portfolio; and

The item is presented under the heading "loans and advances to customers, net of provisions for expected losses," and the instrument is presented under the heading "derivative financial instruments" in the balance sheet. The effect of the result is shown under the heading "net interest income and derivatives" in the consolidated income statements.

Foreign Investment Hedge

Hedging Instruments (a) Hedged Items

Strategy Nominal amount

Carrying amount (b)

Changes in the value used for calculating hedge ineffectiveness for the period

Changes in the value of the hedging instrument recognized in OCI

Hedge ineffectiveness recognized in statements of income

Amount reclassified from the hedge reserve to statements of income

Changes in fair value used for calculating hedge ineffectiveness

Foreing currency translation reserve (c)

Balances remaining in the foreing currency translation reserve from hedging relationships for which hedge accounting is no longer applied

As of March 31, 2026

1,136,161

21,430

86,006

59,780

26,227

(59,780)

24,853

Investments abroad (a)

1,136,161

21,430

86,006

59,780

26,227

(59,780)

24,853

As of March 31, 2025

1,237,049

18,763

117,707

88,284

24,133

(93,573)

(34,926)

Investments abroad (a)

1,237,049

18,763

117,707

88,284

24,133

(93,573)

(34,926)

The hedging instrument used is the dollar futures contract. The object of the hedge is the investments in subsidiaries (Cayman, Payments and InterGCo) abroad;

The instrument is being presented in the line item "derivative financial assets" of the balance sheet. The effect of the result is demonstrated in the line item "income from securities, derivatives and foreign exchange" of the consolidated income statements; and

Foreign currency conversion reserves represent the accumulated amount related to changes in the instrument reclassified to ORA since the inception of the hedging accounting framework.

As of March 31,2026

a. Breafidown of balance

03/31/2026

12/31/2025

Real estate loans

17,330,928

34.79 %

16,194,722

33.56 %

Credit card

15,603,682

31.32 %

15,262,178

31.63 %

Personal loans

12,777,050

25.64 %

12,113,979

25.11 %

Business loans

3,677,790

7.38 %

4,293,595

8.90 %

Agribusiness loans

432,625

0.87 %

386,706

0.80 %

Total

49,822,075

100.00 %

48,251,180

100.00 %

Provision for expected credit losses

(3,336,710)

(3,000,076)

Net balance

46,485,365

45,251,104

Disclaimer

Inter & Co. Inc. published this content on May 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2026 at 11:32 UTC.