UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2022


Commission File Number: 001-39938

 

Vinci Partners Investments Ltd.

(Exact name of registrant as specified in its charter)

 

Av. Bartolomeu Mitre, 336
Leblon – Rio de Janeiro
Brazil 22431-002
+55 (21) 2159-6240

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes     No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes   No

X

 


 

 

TABLE OF CONTENTS

 

EXHIBIT  
99.1 Vinci Partners Investments Ltd. Investor Presentation May 2022

   

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Vinci Partners Investments Ltd.
     
     
      By: /s/ Sergio Passos Ribeiro
        Name: Sergio Passos Ribeiro
        Title: Chief Financial Officer

Date: May 12, 2022

 

    

 

 

 

 

 

 

EXHIBIT 99.1

 

 

Investor Presentation May 2022

 
 

Disclaimer This presentation contains forward - looking statements that can be identified by the use of words such as “anticipate,” “believe, ” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. By their nature, forward - looking statements are necessarily subject to a hig h degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances tha t w ill occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those ex pre ssed or implied by such forward - looking statements and there can be no assurance that such forward - looking statements will prove to be correct. Accordingly, you should not place undue reliance on forward - looking statements. The forward - looking statements included herein speak only as at the date of this presentation and we do not undertake any obligation to update these forward - looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affi liates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward - looki ng statements to reflect events that occur or circumstances that arise in relation to the content of the presentation. Further information on these and other factors that cou ld affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission (the “SEC”) from time to time, including in the section titled “Risk Factors” in our latest fillings with the SEC . These documents are available on the SEC Filings section of the investor relations section of our website at: https://ir.vincipartners.com/financials/sec - filings. We have prepared this presentation solely for informational purposes. The information in this presentation does not constitut e o r form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any of our securities or securities of our subs idi aries or affiliates, not should it or any part of it form the basis of, or be relied on, in connection with any contract to purchase or subscribe for any of our securities or sec uri ties of any of our subsidiaries or affiliates, nor shall it or any part of it form the basis of, or be relied on, in connection w ith any contract or commitment whatsoever. This presentation also includes certain non - GAAP financial information. We believe that such information is meaningful and usefu l in understanding the activities and business metrics of our operations. We also believe that these non - GAAP financial measures reflect an additional way of viewing aspects of our business that, when viewed with our International Financial Reporting Standards (“IFRS”) results, as issued by the International Accounting Standards Bo ard , provide a more complete understanding of factors and trends affecting our business. Further, investors regularly rely on non - GAAP financial measures to assess operati ng performance and such measures may highlight trends in our business that may not otherwise be apparent when relying on financial measures calculated in accordan ce with IFRS. We also believe that certain non - GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of public companies in our industry, many of which present these measures when reporting their results. The non - GAAP financial information is presented for informational purposes and to enhance understanding of the IFRS financial statements. The non - GAAP measures should be considered in addition to results prepared in accordance with IFRS, but not as a substitute for, or superior to, IFRS results. As other companies may determine or calculate this non - GAAP financial information differently, the us efulness of these measures for comparative purposes is limited. A reconciliation of such non - GAAP financial measures to the nearest GAAP measure is included in this presen tation. 2

 
 

Business Overview

 
 

We are a leading, full - service alternative asset manager in Brazil We have a high visibility and integrated recurring revenues business model 81% Of you net revenues come from mgmt. Fees 4 Our business is profitable and growing , with strong operating leverage Dividends since IPO US$0.83 Per share After - tax DE CAGR 97% 2018 - 2021 R$57 bn AUM¹ See notes and definitions at end of document 9 Business Strategies Vinci Partners has a proven fundraising track record with a broad fund base ~50% Capital committed for 5+ years We have gained significant market share over the years operating in a highly attractive growth market Vinci Partners has ~244 full time employees in 4 offices and a global LP footprint New York Recife Rio de Janeiro São Paulo Vinci Partners is a PRI signatory since 2012 31 % CAGR 2009 – 1Q22 ² 4 25 37 50 57 2018 2019 2020 1Q'22

 
 

2 6 11 15 17 18 20 19 21 24 35 48 54 53 50 57 57 39 61 76 88 76 95 142 121 145 137 196 221 221 217 - 50 100 150 200 250 0 10 20 30 40 50 60 70 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1Q22 AUM (R$bn) AUM DC¹ (R$bn) Brazil Interest Rates AUM/FTE Vinci Partners was founded in October 2009 by a group of seasoned and respected managers in the financial market We have scaled our platform significantly since our inception in 2009… 2010 Association with “Gas” (Equities) 2012 Company becomes a signatory to PRI. 2012 - 2013 Real Estate, Credit, and Receivables strategy 2011 Inception of Vinci Infrastructure & International strategy PE: Fundraising VCP II (R$2.2bn) 2018 - 2019 Real Estate: IPO VILG and VINO. Follow ons VISC & VILG Public Equities: Acquisition of Mosaico Capital Credit: FIDC Energia Sustentavel funded by BNDES Fundraising of VCI II Infra: IPO VIGT 2009 Establishment of Vinci Partners 2014 - 2016 Vinci begins heavily investing in governance to set a growth platform for the exit of the recessionary market Credit: Fundraising of Vinci Credito Imobiliario I (VCI I) 2017 Launch of VIR strategy Public Equities: Acquisition of Mosaico Capital Real Estate: IPO VISC PE: Fundraising VCP III Infra: Fundraising Vinci Infra II 2021 Vinci ´ s IPO at Nasdaq Private Equity: Final Closing of VIR IV Real Estate and Infra: Fundraising of VFDL and VIAS Follow Ons for VILG, VIGT and VISC IPO of VIUR 2020 Private Equity: First closing of VIR IV Real Estate: IPO of VIFI Follow Ons realized for VILG, VISC and VINO Public Equities: Dissociation with “Gas Investimentos” 2.0% 4.5% 6.5% 7.0% 13.8% 14.3% 11.8% 10.0% 7.3% 11.0% 10.8% 8.8% 2022 Launch of Vinci Retirement Services Real Estate: Follow on for VINO IP&S First Closing of VSP 9.3% See notes and definitions at end of document 5 11.8%

 
 

Proven ability to invest proprietary and third - party capital through different products yielding sustainable profitability acros s multiple verticals We offer a complete portfolio of alternative investment products and solutions to both retail and institutional clients Investor Relations, Support, Operations, and ESG Research Risk Legal & Compliance Investor Relations Operations ESG Public Equities Long - term positions based on fundamental analysis of Brazilian publicly - traded companies Financial Advisory High value - added financial and strategic advisory services, focusing primarily on middle market and M&A transactions Credit Tailor - made credit solutions developed to meet needs of both mature and growing businesses Infrastructure Exposure to real assets through equity and debt instruments Private Equity Strategies focused on growth equity transactions in Brazil, working towards transformational growth in collaboration with management teams and founders Investment Products & Solutions Financial products offering on open platform, providing portfolio and risk management services Real Estate Real estate investment funds that focus on returns from investments in various segments Hedge Funds Multi - strategy approach focused on Brazilian and international highly liquid financial instruments 6

 
 

Our platform is built on four key pillars: people, diversification, performance and distribution Strong “Partnership Culture” reinforcing our mission, vision, and values with partners having worked together for over 20 years People Well - established robust “One - stop Shop” AAM platform diversified across products and services puts us in a privileged position to capture expected transformational savings migration in Brazil Diversification Outsized Leading Performance across asset classes consistently outperforming benchmarks Performance Robust multi - channel distribution capacity at scale across investor classes proprietarily developed since our foundation Distribution 7

 
 

First - class management team with proven execution capabilities and long - term alignment of interests Our long - standing partnership model drives our success Strong Fundraising Capabilities Unique Expertise in Capital Allocation Solid Execution Translating into Returns + + 29 years experience 29 at Vinci and predecessors Chairman Julya Wellisch 20 years experience 5 at Vinci and predecessors CLO 29 years experience 21 at Vinci and predecessors Alessandro Horta CEO 29 years experience 29 at Vinci and predecessors Michel Cukierman CRO 28 years experience 24 at Vinci and predecessors Sergio Passos COO/CFO 31 years experience 20 at Vinci and predecessors Olavo Tortelli Distribution for Individual Investors 19 years experience 10 at Vinci and predecessors Andre Simões Investment Products And Solutions 23 years experience 14 at Vinci and predecessors Financial Advisory Head Felipe Bittencourt 28 years experience 27 at Vinci and predecessors Marcello Almeida Head of Credit 23 years experience 14 at Vinci and predecessors Pedro Quintella Head of International Distribution 29 years experience 22 at Vinci and predecessors Luiz Otavio Laydner Head of Research 33 years experience 25 at Vinci and predecessors Ronaldo Boruchovitch Head of Allocation and Distribution 33 years experience 12 at Vinci and predecessors Marcelo Rabbat Head of Institutional Distribution Leandro Bousquet Head of Real Estate 28 years experience 12 at Vinci and predecessors 28 years experience 17 at Vinci and predecessors Jose Guilherme Souza Head of Infrastructure 28 years experience 13 at Vinci and predecessors Roberto Leuzinger CHRO 26 years experience 26 at Vinci and predecessors Bruno Zaremba PE Chairman and Head of IR 25 years experience 12 at Vinci and predecessors CIO, Head of Liquid Strat. Fernando Lovisotto 22 years experience 10 at Vinci and predecessors Patricia Amorim Human Resources Gilberto Sayão 34 years experience 5 at Vinci and predecessors José Carlos Carvalho Economic Department 20 years experience 14 at Vinci and predecessors Gabriel Felzenszwalb Co - head Private Equity 18 years experience 14 at Vinci and predecessors Carlos Eduardo Martins Co - head Private Equity 36 years experience 19 at Vinci and predecessors José Luis Pano Impact Investing 8 Roberto Knoepfelmacher Head of Equities 22 years experience 5 at Vinci and predecessors

 
 

24% 11% 4% 6% 22% 15% 7% 11% Private Equity Real Estate Credit Infrastructure IP&S Public Equities Hedge Funds Advisory 19% 9% 6% 3% 41% 17% 5% 36% 23% 23% 9% 9% Local Institutional HNWI Institutional Offshore Allocators & Distributors Public market vehicles Our AUM base favors alpha - driven strategies, while our revenue profile is management fee - centric Our AUM is highly diversified across different strategies and clients 45 % of net revenues come from private market strategies ² 46 % of AUM is in long term products ¹ AUM diversified across five different distribution channels AUM 1Q ' 22 Net Revenues 1Q ' 22 LTM See notes and definitions at end of document AUM 1Q ' 22 9

 
 

Our AUM funding base is mostly built upon our proprietary distribution channels Private Markets 1Q’22 AUM Liquid Strategies 1Q’22 AUM IP&S 1Q’22 AUM Private Markets’ AUM base favors long - term to perpetual capital commitments 93% of Liquid Strategies’ AUM is distributed across proprietary relationships with institutional and HNWI clients 46% of IP&S’ AUM comes from local institutional investors 10 46% 39% 15% 44% 42% 7% 7% 37% 24% 19% 15% 5% Institutional Offshore Public Market Vehicles Local Institutional HWNI Allocators & Distributors

 
 

Our ESG approach is a fundamental value that permeates throughout our investment strategies We are pioneers among Brazilian firms in our commitment to ESG Vinci Energia Sustentavel (VES) - Credit Fund focused on private debt related to green energy funded by BNDES VIR IV - launched with dual mandate of targeting measurable ESG impact and achieving market returns Impact monitoring KPIs Innovative ESG related products  Growth of Average Salary and Number of Employees  Gender Equality  Employees Covered by Healthcare Benefits  Policies Against Discrimination Based on Sexual Preference and Persons with Disabilities  Implementation of Governance Practices  Taxes Paid per Investment  Revenue Growth Vinci foundation: We believe in ethics as the best value in a relationship 2009 2011 New ESG Model and new Governance and Compliance models 2017 ESG Policy for Private Equity 2014 NE III ( GIIN metrics) VES Win public auction from BNDES 2018 Vinci PE granted PRI A Score ESG Policy for Public Equity and Credit Development of the Impact Framework (VIR IV) 2019 NE Empreendedor Raised and invested by Vinci’s team (at Banco Pactual) 2003 Vinci as a PRI signatory 2012 VCP II US$1.4 billion fund closed 2017 Vinci assumes NE II and NE III 1 management NE II 4 investments valued at zero NE III R$240mm Dry Powder 2019 VCP III US$1.0bn fund closed 2 VIR IV BNDES approved anchor commitment 2004 Fund I US$608 million of invested capital by Vinci’s team (at Banco Pactual) Vinci engaged with the IDB to apply the WEPs tool First ESG Annual Report for VCP III 2020 2020 VIR IV in the process of becoming a OPIM signatory 2021 VIR IV (largest impact fund in Brazil) final closing of R$ 1 billion VES was the first Brazilian fund to receive the “European Standard” label 2021 VIR IV won the Private Equity ESG Fund of the Year Award from Environmental Finance Vinci received the WOB – Women on B oard seal See notes and definitions at end of document 11

 
 

Risk management committee composed and supervised by senior executives including the addition of Julya Wellish as a partner and head of Legal & Compliance (Previously Chief Prosecutor at CVM 1 ) We place a strong emphasis on risk management, taking the utmost care of our clients ’ capital ▪ Mandatory annual compliance training programs to all of Vinci Partners’ employees ▪ Mandatory annual information security policy awareness training to all employees ▪ Vinci Partners practices top - notch risk management strategies, including but not limited to restriction list systems, Chinese Wall, anti - bribery and corruption practices and restriction on securities trading ▪ Risk & compliance committee composed by CCO, CRO, CFO and CHRO ▪ Biannual and ad - hoc meetings ensuring proactive supervision ▪ Anti - money laundering & countering financing of terrorism committee composed by the CCO, CRO, CFO, CHRO and CEO ▪ Annual and ad - hoc meetings ensuring proactive supervision ▪ Cyber security systems and procedures to prevent, monitor and combat cyber threats and risks ▪ Contingency response plans that allow continuity of business in case of incidents Compliance Training Programs Risk & Compliance Committee AML & CFT Committee Cyber Security Program Risk Management Best Practices See notes and definitions at end of document 12

 
 

We are a leader in Brazilian alternative asset management with strong competitive advantages AUM CAGR 2018 – 1Q22 ~30% 45% of Net Revenues come from Private Market Strategies ~50% of AUM committed for over 5 years Diversified business model 9 business units Partnership model: 35 partners Vinci Partners differentiators Vinci Partners Competitive Advantage Product offering Capabilities Company Private markets Liquid Strategies Investment Products & Solutions Retirement Services Distribution Platform Integration PE RE Infra Credit Other Alternative Local Asset Managers² Other Independent Asset Managers 3 Hedge funds 4 Incumbent banks 5 In development Well developed Developed Independent asset manager 1 13 See notes and definitions at end of document

 
 

Financial Highlights

 
 

/ We are starting in 2022 a strong cycle for fundraising in Private Markets Vinci Capital Partners IV (VCP IV) Vinci Impact Climate Change (VICC) Vinci Debêntures Infra - Credit We have a target fundraising of R$10 billion for our Private Markets’ closed - end funds… ▪ VCP IV is the fourth vintage of Vinci's growth/buyout flagship Private Equity strategy . ▪ We have announced a new listed REIT within Credit, VCRI, focused on investing in real estate MBS. … and our highly diversified platform continues to provide growth opportunities Listed Products Private Markets’ allocation Pension Plans & Exclusive Mandates ▪ Our listed REITs are fully deployed and eligible to come back with follow - on offerings throughout the year . ▪ We are launching a new product within IP&S, Vinci Strategic Partners (“VSP”), a Private Markets FoF . ▪ Our exclusive mandates vertical is well positioned to repeat its success in 2022 . See notes and definitions at end of document ▪ Expected first closing : 1 st half of 2022 . ▪ VCP III ( 2018 vintage) : 48 . 6 % Gross IRR ; 1 . 6 Gross MOIC . ¹ ▪ Expected first closing: 2 nd half of 2022. ▪ This is our first effort in the allocation services for alternative investments, an underpenetrated sector in Brazil. ▪ We continue to observe great market opportunity within the pension plans strategy. ▪ Vinci is leveraging on its strong track record in the Power Sector to launch a Climate related strategy anchored in renewable energy . ▪ We are developing a new listed REIT focused on the agribusiness sector. ▪ Expected first closing: 2 nd half of 2022. ▪ Anchor institutional investor to seed the fund in its first close . ▪ New strategy within Credit segment that aims to invest in incentivized infrastructure debentures . 15

 
 

147 224 271 361 6 62 40 38 20 11 29 67 172 297 340 465 2018 2019 2020 2021 Management Performance Advisory 290 366 54 31 28 5 372 453 1Q'21 LTM 1Q'22 LTM We have a resilient business model with high management fee centricity Vinci’s revenue is primarily derived from management fees (R$ mm) Total Expenses 1Q ' 21 LTM vs. 1Q’22 LTM (R$mm) 85% % Mgmt. fees 75% 78 % ▪ Revenues are expanding alongside AUM growth, with total net revenues over the last twelve months representing a 22% increase yea r - over - year. ▪ Management fees continue to be the main contributor to net revenues, accounting for 81% of total revenues over the last twelv e m onths. ▪ Total operating expenses of R$217.4 during the 1Q’22 LTM , an increase of 21% when compared to the 1Q’21 LTM . This increase was partially driven by new recurring costs related to becoming a public company¹ throughout the year of 2021. - 12 % 77% 93% +22% 78 % 81 % See notes and definitions at end of document 80 % 16 + 21% 83 95 64 80 16 24 16 18 179 217 1Q'21 LTM 1Q'22 LTM Bonus compensation Corporate center Segment Personnel expenses Other G&A 82 87 10 3 15 4 107 94 1Q'21 1Q'22

 
 

81% 19% Private Equity Infrastructure Vinci holds a strong position for future realization of performance fees in private market funds ▪ Performance fee receivable increased to R$104.6 million in the 1Q’22, a 3% increase quarter - over - quarter, driven mostly by appre ciation in the VCP III strategy. ▪ The VCP strategy¹ in Private Equity accounted for R$84.6 million in accrued performance fees, or 81% of total performance fee s. ▪ Vinci Partners had R$8 billion as of 1Q’22 in performance eligible AUM coming from Private Markets’ funds still within invest men t period. R$104.6 mm Accrued Performance Fees (R$ mm) Accrued Performance Fees by Strategy (%) Vinci Partners recognizes the performance revenue according to IFRS 15 . Unrealized performance fees are recognized only when is highly probable that the revenue will not be reversed in the Income Statement . The fund FIP Infra Transmissão in Infrastructure had R $ 20 . 0 million as of the end of the first quarter of 2022 booked as unrealized performance fees in the company ´ s balance sheet . Accrued performance fees shown for Private Equity funds of R $ 84 . 6 million as of the end of the first quarter of 2022 have not been booked as unrealized performance fees in the company ´ s balance sheet . See notes and definitions at end of document 17

 
 

…and additional gains from our GP Investments and financial income ▪ Realized GP Investment¹ and Financial income² of R$27.0 million in the 1Q ’ 22, up 469% year - over - year, driven by realized gains in our liquid funds' portfolio. ▪ Realized GP Investment income of R$2.0 million in the quarter, coming primarily from dividend distributions of the company’s pro prietary stake in listed REITs. ▪ Realized GP Investment¹ and Financial income² accounted for R$64.9 million over the 1Q’22 LTM , up 929% when compared to the 1Q’ 21 LTM . See notes and definitions at end of document Realized GP Investment¹ and Financial income² 1Q ’ 22 vs 1Q ’ 21 (R$mm) Realized GP Investment¹ and Financial income² 1Q’22 LTM vs 1Q’21 LTM (R$mm) 5 25 2 5 27 1Q'21 1Q'22 Realized Financial Income Realized GP Investment Income 6 49 16 6 65 1Q'21 LTM 1Q'22 LTM Realized Financial Income Realized GP Investment Income 18

 
 

138 243 1Q'21 LTM 1Q'22 LTM 47 58 1Q'21 1Q'22 157 216 1Q'21 LTM 1Q'22 LTM 50 44 1Q'21 1Q'22 31 98 127 232 2018 2019 2020 2021 Which translates to a highly visible growth and profitability profile Fee - Related Earnings (FRE) – R$mm Adjusted After - tax Distributable Earnings¹ (DE) – R$mm 42% FRE Margin 50% 34% DE Margin 33% 18% ▪ Fee - Related Earnings (FRE) has been growing at a 60% CAGR in the past three years, and we expect to continue going forward as we expand AUM with new product launches in our private market strategies and inflows into our IP&S segment. ▪ Distributable Earnings (DE) has been growing at a 97% CAGR in the past three years as the business benefits from the platform ’s growth and profitability profile. 52% 48 % +38% 49 % 51% +22% 42% 48% + 77 % 38% 46% 54 98 151 222 2018 2019 2020 2021 52 % - 13 % 38% 45 % 19

 
 

Key Takeaways 73 % FRE as % DE 1Q ’ 22 LTM We operate a highly predictable business model with recurring revenues coming primarily from management fees 1 We see a relevant upside coming from potential future realization of performance fees R$104.6 m illion in accrued performance fees in Private Markets’ funds 2 Current macroeconomic scenario presents attractive opportunities to grow AUM through M&A 5 3 We believe Vinci is one of the best positioned AAM’s in Brazil to capture the shift in asset allocation, due to its highly diversified and robust platform 9 business strategies 5 distribution channels 4 We are committed to generating strong growth combined with capital distributions to our shareholders 5 .7% Annualized dividend yield¹ ~50% AUM +5 years lockup See notes and definitions at end of document 20 Complementary and/or Synergistic business lines

 
 

Appendix – I Segment summaries

 
 

49% 20% 18% 13% Financials by segment ▪ Fee Related Earnings (FRE) were R$216.1 million over the 1Q’22 LTM, with 49% of FRE coming from Private Markets, followed by Liq uid Strategies accounting for 20%, IP&S for 18% and Financial Advisory for 13%. ▪ Segment Distributable Earnings were R$255.9 million over the 1Q’22 LTM, with 51% coming from Private Markets’ strategies, fol low ed by Liquid Strategies and IP&S, each accounting for 19% and Financial Advisory for 11%. Segment Distributable Earnings 1Q’22 LTM by Segment Fee Related Earnings (FRE) 1Q’22 LTM by Segment R$216 mm R$256 mm 51% 19% 19% 11% Private Markets Liquid Strategies IP&S Financial Advisory 22

 
 

We offer a complete and diversified platform for alternative investments The private equity strategy invests through two sub - strategies : Vinci Capital Partners : VCP focuses on control and co - control investments, executing across growth equity transactions, greenfield investments, buyouts and turnarounds . The VCP strategy is currently within investment period for its third vintage, Vinci Capital Partners III . Vinci Impact and Return : VIR focuses on minority investments in small - to - medium enterprises with a dual mandate of generating ESG impact as well as market returns . The VIR strategy is currently within investment period for its fourth vintage, Vinci Impact and Return IV, the largest impact oriented private equity fund in Latin America . Private Equity – R$11.0bn AUM (53%) Real Estate – R$5.3bn AUM (25%) PRIVATE MARKETS R$21 BILLION AUM The real estate strategy invests through two subs - strategies : Public listed REITs : The real estate strategy currently manages five public REITs, listed on the Brazilian stock exchange, with more than 350 , 000 retail investors . The REIT strategy consists of perpetual capital funds, focused on the acquisition of core, income generating real estate assets, and invests through five sub - strategies : shopping malls, industrial assets, offices, financial instruments and urban commercial properties . Opportunistic Development : The real estate team has extended experience in the development of real estate properties and currently manages a fund focused on the development of industrial properties in Brazil . The Infrastructure strategy invests across two core sub - strategies : Sector - focused funds: The Infrastructure team manages closed - end funds as its flagship strategy, seeking exposure to real assets related to physical infrastructure, through investments in the privatization of state - owned companies and concessions that provide water and sewage services, development of greenfield projects, and core transmission assets. The team also manages a public market vehicle, listed on the Brazilian stock exchange, VIGT, focused on the acquisition of yield - generating power transmission assets. Structured Credit : The team also has exposure to fixed assets through debt investments in infrastructure projects across different sectors . Infrastructure – R$1.5bn AUM (7%) Credit – R$3.2bn AUM (15%) The credit strategy invests across three core sub - strategies : Infrastructure Debt : The team manages a credit fund, Vinci Energia Sustentável, or VES, dedicated to investments in debentures to finance greenfield and brownfield projects with a focus on renewable energy following ESG guidelines . Real Estate Debt : Investment opportunities in senior secured loans/securities in the form of debentures or MBS, backed by underlying real estate loans and/or receivables . Structured Credit : Comprises a group funds, including open - ended funds and managed accounts, investing in senior secured loans and short - term receivables . 23

 
 

▪ Fee related earnings (FRE) of R$24.9 million in the quarter, up 4% year - over - year. FRE was R$106.8 million over the 1Q’22 LTM, a n increase of 21% when compared to the 1Q’21 LTM, driven by the strong fundraising over the last twelve months. ▪ Segment Distributable Earnings of R$26.9 million in the quarter, up 11% year - over - year. Segment DE was R$131.0 million over the 1Q’22 LTM, an increase of 45% when compared to the 1Q’21 LTM. ▪ Total AUM of R$21.0 billion at the end of the quarter, a decrease of 1% year - over - year. During the first quarter of 2022, we had R$1.1 billion in capital return coming from realizations in FIP Energia PCH, after the successful completion of the mandate won in 2015 by our Infrastructure te am, to restructure the fund's portfolio and return capital to LPs. ▪ During the first quarter of 2022, our listed REIT, VINO11, closed its sixth issue of additional quotas, adding R$215 million in perpetual capital. Private Equity 53% Real Estate 25% Credit 15% Infrastructure 7% Private Markets' AUM (R$ thousands, unless mentioned) 1Q'21 1Q'22 ∆ (%) 1Q'21 LTM 1Q'22 LTM ∆ (%) Net revenue from management fees 46,581 46,759 0% 173,208 194,662 12% Net revenue from advisory fees 505 467 - 8% 781 5,615 619% Total Fee Related Revenues 47,086 47,226 0% 173,989 200,277 15% Segment personnel expenses (2,438) (2,736) 12% (8,169) (10,869) 33% Other G&A expenses (2,325) (2,755) 18% (9,744) (11,803) 21% Corporate center expenses (10,584) (9,554) - 10% (36,222) (37,426) 3% Bonus compensation related to management and advisory (7,731) (7,307) - 5% (31,701) (33,338) 5% Total Fee Related Expenses (23,078) (22,352) - 3% (85,836) (93,436) 9% FEE RELATED EARNINGS (FRE) 24,008 24,874 4% 88,153 106,841 21% FRE Margin (%) 51.0% 52.7% 50.7% 53.3% Net revenue from performance fees 462 640 38% 18,377 5,162 - 72% Realized performance fees 40 4 - 90% 2,967 12,663 327% Unrealized performance fees 422 636 51% 15,411 (7,501) N/A Performance based compensation (162) (226) 40% (6,854) (1,611) - 76% PERFORMANCE RELATED EARNINGS (PRE) 300 414 38% 11,524 3,551 - 69% PRE Margin (%) 65.0% 64.7% 62.7% 68.8% ( - ) Unrealized performance fees (422) (636) 51% (15,411) 7,501 N/A (+) Unrealized performance compensation 150 225 50% 5,959 (2,658) N/A (+) Realized GP investment income 112 2,045 1,726% 140 15,784 11,174% SEGMENT DISTRIBUTABLE EARNINGS 24,148 26,922 11% 90,365 131,019 45% Segment DE Margin (%) 51.1% 54.6% 51.0% 57.3% ASSETS UNDER MANAGEMENT (AUM R$millions) 21,352 21,041 - 1% 21,352 21,041 - 1% FEE EARNING ASSETS UNDER MANAGEMENT (FEAUM R$ millions) 19,336 19,192 - 1% 19,336 19,192 - 1% AVERAGE MANAGEMENT FEE RATE (%) 0.98% 0.92% 0.98% 0.96% FULL TIME EMPLOYEES 50 50 0% 50 50 0% Private Markets R$21 bn AUM 24

 
 

We have an established and widely recognized liquid strategies platform LIQUID STRATEGIES R$12 BILLION AUM Vinci Partners has a long track record and deep experience investing in public equities in Brazil . We focus on holding positions in companies for three to five years following deep analysis and review by our various investment committees, taking into consideration our internal controls . Our public equities strategy invests according to two key sub - strategies : All Caps : The all - caps sub - strategy focuses on long term performance through a concentrated portfolio and deep fundamental analysis without any market capitalization constraints . Our all caps flagship strategy is Vinci Mosaico , that seeks to achieve long - term results above the Brazilian stock market . The team also manages a sovereign wealth exclusive mandate under the all caps strategy . Dividends : The dividends sub - strategy focuses on well - managed companies with a strong presence in their segments that are generating significant cash returns through dividends . Our flagship strategy is Vinci Gas Dividendos , that seeks to achieve long - term returns by investing in companies with a consistent history of dividends’ payment . Public Equities – R$9.3bn AUM (76%) Our hedge funds team operates under a multi - manager strategy with several portfolio managers each pursuing independent strategies . The portfolio managers have access to both our macro and equities research dedicated teams . It helps creating a very robust analysis of the markets and developed markets currencies, government bonds and derivatives . We have strong overarching risk monitoring practices in order to generate superior Sharpe ratio and alpha for our investors . Our hedge funds strategy invests through two key sub - strategies : Vinci Atlas : Our hedge funds flagship strategy invests across five principal sub - strategies : nominal interest, inflation, commodities, currencies and equities . Total Return : The total return strategy focuses on high absolute risk - adjusted returns through fundamental analysis, diversification and use of derivatives . Hedge Funds – R$2.9bn AUM (24%) 25

 
 

(R$ thousands, unless mentioned) 1Q'21 1Q'22 ∆ (%) 1Q'21 LTM 1Q'22 LTM ∆ (%) Net revenue from management fees 19,983 20,573 3% 64,679 87,376 35% Net revenue from advisory fees - - N/A - - N/A Total Fee Related Revenues 19,983 20,573 3% 77,324 87,376 13% Segment personnel expenses (1,293) (1,384) 7% (4,850) (5,659) 17% Other G&A expenses (624) (676) 8% (2,812) (2,858) 2% Corporate center expenses (4,492) (4,203) - 6% (16,173) (17,396) 8% Bonus compensation related to management and advisory (3,420) (3,948) 15% (16,703) (18,559) 11% Total Fee Related Expenses (9,829) (10,212) 4% (40,538) (44,472) 10% FEE RELATED EARNINGS (FRE) 10,154 10,361 2% 36,786 42,904 17% FRE Margin (%) 50.8% 50.4% 47.6% 49.1% Net revenue from performance fees 2,009 2,325 16% 7,610 10,730 41% Realized performance fees 2,009 2,325 16% 7,610 10,730 41% Unrealized performance fees - - N/A - - N/A Performance based compensation (703) (722) 3% (2,591) (5,531) 113% PERFORMANCE RELATED EARNINGS (PRE) 1,306 1,603 23% 5,019 5,199 4% PRE Margin (%) 65.0% 68.9% 66.0% 48.5% ( - ) Unrealized performance fees - - N/A - - N/A (+) Unrealized performance compensation - - N/A - - N/A SEGMENT DISTRIBUTABLE EARNINGS 11,460 11,963 4% 41,806 48,103 15% Segment DE Margin (%) 52.1% 52.2% 49.2% 49.0% ASSETS UNDER MANAGEMENT (AUM R$millions) 12,962 12,243 - 6% 12,962 12,243 - 6% FEE EARNING ASSETS UNDER MANAGEMENT (FEAUM R$millions) 12,840 12,104 - 6% 12,840 12,104 - 6% AVERAGE MANAGEMENT FEE RATE (%) 0.65% 0.74% 0.50% 0.74% FULL TIME EMPLOYEES 24 21 - 13% 24 21 - 13% Liquid Strategies ▪ Fee related earnings (FRE) of R$10.4 million in the quarter, up 2% year - over - year. FRE was R$42.9 million over the last twelve months, an increase of 17% compared to the 1Q’21 LTM, driven by the end of the revenue sharing agreement with GAS Investimentos in 2021, which impacted pos itively our average management fee rate. ▪ Performance related earnings (PRE) of R$1.6 million in the quarter, up 23% year - over - year. PRE was R$5.2 million over the last t welve months, an increase of 4% when compared to the 1Q’21 LTM. ▪ Segment Distributable Earnings of R$12.0 million in the quarter, up 4% year - over - year. ▪ AUM remained resilient, ending the 1Q'22 with R$12.2 billion, with no relevant outflows over the last twelve months, primaril y d ue to the solid performance from our flagship funds and our long - term oriented investor base, composed mainly by institutional investors. R$12 bn AUM Public Equities 76% Hedge Funds 24% Liquid Strategies' AUM 26

 
 

We are market leaders in providing investment solutions to our clients In our separate exclusive mandates, we provide investment solutions to institutional investors, such as small to medium - sized foundations, pension funds and financial institutions in Brazil, and high net worth individuals . Our asset allocation team seeks tailored made and distinctive portfolio construction solutions, addressing the clients’ specific portfolio objectives and restraints regarding targeted return, risk tolerance, diversification, asset class and liquidity . Separate Exclusive Mandates – R$15.4bn AUM (66%) International – R$2.7bn AUM (12%) INVESTMENT PRODUCTS & SOLUTIONS R$23 BILLION AUM Commingled Funds – R$2.9bn AUM (12%) Pension Plans – R$2.4bn AUM (10%) Our focused commingled funds are owned by multiple clients, from retail to institutional investors, and deploy capital in specific asset classes within defined investment strategies . Our flagship strategies are Vinci Valorem, focusing on fixed income assets, foreign exchange currency and derivatives, and Vinci Selection Equities, which invests in other public equities funds seeking to beat the Ibovespa . Within our IP&S segment we have an offshore allocation service, or international exclusive mandates, managed by a team in our New York office . We provide tailored made investment solutions for local institutional investors and nigh net worth individuals that are seeking risk diversification by allocating part of their portfolios outside Brazil . Within our IP&S segment, we manage PGBL and VGBL pension plan funds, owned by retail clients, which provide tax and succession benefits . Our flagship strategy, “Vinci Equilíbrio”, seeks investments in specific asset classes, such as fixed income, foreign exchange currency, public equities, derivatives and other funds. 27

 
 

Separate Mandates 66% Commingled Funds 12% International 12% Pension Plans 10% IP&S AUM (R$ thousands, unless mentioned) 1Q'21 1Q'22 ∆ (%) 1Q'21 LTM 1Q'22 LTM ∆ (%) Net revenue from management fees 15,280 19,897 30% 52,335 84,416 61% Net revenue from advisory fees 19 7 - 64% 96 42 - 56% Total Fee Related Revenues 15,299 19,904 30% 52,430 84,458 61% Segment personnel expenses (971) (1,827) 88% (3,491) (5,275) 51% Other G&A expenses (465) (600) 29% (1,455) (2,226) 53% Corporate center expenses (3,439) (4,065) 18% (10,892) (16,184) 49% Bonus compensation related to management and advisory (3,669) (4,156) 13% (13,432) (20,698) 54% Total Fee Related Expenses (8,544) (10,648) 25% (29,270) (44,384) 52% FEE RELATED EARNINGS (FRE) 6,755 9,255 37% 23,160 40,074 73% FRE Margin (%) 44.2% 46.5% 44.2% 47.4% Net revenue from performance fees 7,481 208 - 97% 20,837 14,964 - 28% Realized performance fees 7,481 208 - 97% 20,837 14,964 - 28% Unrealized performance fees - - N/A - - N/A Performance based compensation (2,427) (84) - 97% (6,602) (4,599) - 30% PERFORMANCE RELATED EARNINGS (PRE) 5,054 124 - 98% 14,235 10,364 - 27% PRE Margin (%) 67.6% 59.5% 68.3% 69.3% ( - ) Unrealized performance fees - - N/A - - N/A (+) Unrealized performance compensation - - N/A - - N/A SEGMENT DISTRIBUTABLE EARNINGS 11,809 9,379 - 21% 37,398 50,439 35% Segment DE Margin (%) 51.8% 46.6% 51.0% 50.7% ASSETS UNDER MANAGEMENT (AUM R$millions) 20,449 23,394 14% 20,449 23,394 14% FEE EARNING ASSETS UNDER MANAGEMENT (FEAUM R$millions) 20,299 23,258 15% 20,299 23,258 15% AVERAGE MANAGEMENT FEE RATE (%) 0.35% 0.37% 0.38% 0.39% FULL TIME EMPLOYEES 13 14 8% 13 14 8% Investment Products & Solutions ▪ Fee related earnings (FRE) of R$9.3 million in the quarter, up 37% year - over - year. FRE was R$40.1 million over the last twelve m onths, an increase of 73% when compared to the 1Q’21 LTM, driven by the growth in management fees following notable fundraising in separate mandates ov er the last twelve months. ▪ Performance related earnings (PRE) of R$124 thousand, down 98% year - over - year, due to higher contribution from international exc lusive mandates in the 1Q’21. PRE over the last twelve months was R$10.4 million, a decrease of 27% when compared to the 1Q’21 LTM. ▪ Segment Distributable Earnings of R$9.4 million in the quarter, down 21% year - over - year, due to a bigger contribution from PRE i n the 1Q’21. Segment DE was R$50.4 million over the last twelve months, an increase of 35% when compared to the 1Q’21 LTM. ▪ Total AUM of R$23.4 billion, up 14% year - over - year, driven by outstanding fundraising for new separate mandates in 2021. During the 1Q’22, we closed our first vintage of our new strategy Vinci Strategic Partners, or VSP, a Private Markets FoF, adding R$187 million of long - term cap ital to the platform. R$23 bn AUM 28

 
 

We have a leading financial advisory business About our Financial Advisory team Our financial advisory services team provides financial and strategic services to business owners, senior corporate management teams and boards of directors, focusing mostly on pre - IPO and M&A advisory services for Brazilian middle - market companies . We believe our financial advisory services team serves as trusted advisors to clients seeking local and/or product expertise in the Brazilian marketplace . As an independent boutique, Vinci Partners has the flexibility to engage in transactions that often require complex solutions, long - term relationships, and alignment of interests with clients . About the Services provided Outstanding position in the Brazilian market FINANCIAL ADVISORY The Financial Advisory platform provides conflict - free advice with senior focus for value creation and long - term support . The platform focuses on two main sub - strategies : Merges and Acquisitions (M&A) : advisory in acquisitions, sales, joint ventures and merges, private placements, fundraising, capital and corporate structure analysis and valuation reports . Capital Markets : conflict - free advisory for IPO and pre - IPO, block trades, debt restructuring and market/investor communication . Exclusive Financial Advisor for Bemobi in two acquisitions. 2021 Elaboration of fairness opinion on the merger of Rede Dor and Sulamerica 2022 Exclusive Financial Advisor of BPP in its sale to Dock 2021 IPO Jan - 2021 Capitalization of Espaçolaser by L Catterton Dec - 2016 Beauty & Aesthetic Financial Advisor to QI Tech’s partners in the capitalization by GIC. 2021 Vinci Financial Advisory is consolidated as the most relevant independent financial advisor in Brazil, having being recognized in several awards for M&A transactions, such as : The M&A Atlas Awards : - Best Independent Advisors for M&A - 2022 - Best Investment Bank (Brazil, “Middle Market”) – 2020 & 2019 - Transaction of the Year (Brazil) – 2020 & 2019 # 1 in Ranking of independent financial advisors in Brazil in number of deals closed – Bloomberg ( 2017 - 2019 / 2020 / 2021 ) Sale to Apex Group June - 2021 Financial Services 29

 
 

Financial Advisory (R$ thousands, unless mentioned) 1Q'21 1Q'22 ∆ (%) 1Q'21 LTM 1Q'22 LTM ∆ (%) Net revenue from management fees - - N/A - - N/A Net revenue from advisory fees 14,541 3,201 - 78% 27,055 49,708 84% Total Fee Related Revenues 14,541 3,201 - 78% 27,055 49,708 84% Segment personnel expenses (395) (505) 28% (1,130) (1,798) 59% Other G&A expenses (181) (209) 15% (882) (1,291) 46% Corporate center expenses (975) (938) - 4% (3,190) (8,843) 177% Bonus compensation related to management and advisory (3,707) (858) - 77% (7,809) (10,116) 30% Total Fee Related Expenses (5,258) (2,510) - 52% (13,011) (22,048) 69% FEE RELATED EARNINGS (FRE) 9,283 690 - 93% 14,043 27,660 97% FRE Margin (%) 63.8% 21.6% 51.9% 55.6% SEGMENT DISTRIBUTABLE EARNINGS 9,283 690 - 93% 14,043 27,660 97% Segment DE Margin (%) 63.8% 21.6% 51.9% 55.6% ▪ Fee related earnings (FRE) of R$690 thousand in the quarter, down 93% year - over - year, due to a greater contribution from advisor y fees in the 1Q’21, when the Advisory team closed the pre - IPO advisory for B3 listed company Espaço Laser. ▪ FRE was R$27.7 million over the last twelve months, an increase of 97% when compared to the 1Q’21 LTM, a consequence of the s tro nger deal activity in 2021. ▪ Segment Distributable Earnings over the last twelve months were R$27.7 million, an increase of 97% year - over - year when compared to the 1Q’21 LTM. 30

 
 

Retirement Services (R$ thousands, unless mentioned)/ 1Q'21 1Q'22 ∆ (%) 1Q'21 LTM 1Q'22 LTM ∆ (%) Net revenue from management fees - - N/A - - N/A Net revenue from advisory fees - - N/A - - N/A Total Fee Related Revenues - - N/A - - N/A Segment personnel expenses - (97) N/A - (97) N/A Other G&A expenses - (263) N/A - (263) N/A Corporate center expenses - 0 N/A - 0 N/A Bonus compensation related to management and advisory - (1,002) N/A - (1,002) N/A Total Fee Related Expenses - (1,362) N/A - (1,362) N/A FEE RELATED EARNINGS (FRE) - (1,362) N/A - (1,362) N/A FRE Margin (%) N/A N/A N/A N/A Net revenue from performance fees - - N/A - - N/A Realized performance fees - - N/A - - N/A Unrealized performance fees - - N/A - - N/A Performance based compensation - - N/A - - N/A PERFORMANCE RELATED EARNINGS (PRE) - - N/A - - N/A PRE Margin (%) N/A N/A N/A N/A ( - ) Unrealized performance fees - - N/A - - N/A (+) Unrealized performance compensation - - N/A - - N/A SEGMENT DISTRIBUTABLE EARNINGS - (1,362) N/A - (1,362) N/A Segment DE Margin (%) N/A N/A N/A N/A ASSETS UNDER MANAGEMENT (AUM R$millions) - - N/A - - N/A FULL TIME EMPLOYEES - 3 N/A - 3 N/A ▪ We are structuring a new business vertical, Vinci Retirement Services, or VRS, focused on planning and building long - term invest ment portfolios that will assist investors to achieve their retirement goals. We are assembling a fully dedicated and specialized team to conduct this pro ject, with the leadership of Vinicius Albernaz, our partner and former CEO of Bradesco Seguros and BRAM. ▪ Fee Related Earnings (FRE) of negative R$1.4 million in the quarter. 31

 
 

Appendix – II Financial statements

 
 

How to analyze Vinci Partners’ financial model Fee Related Earnings (FRE) (+) Management fees: our main source of revenues, derived from fees charged over our Fee - Earning AUM (+) Advisory fees: fees charged over advisory services provided by our financial advisory and management teams ( - ) Operating expenses: includes all G&A, personnel and profit - sharing expenses (related to mgmt. and adv. fees) Performance Related Earnings (PRE) (+) Performance fees: derived from fees charged over our Performance - Eligible AUM. In most of our LS and IP&S segments, performance fees are charged over a hurdle rate once the fund’s return exceeds its benchmark. In our Private Market strategies most of the funds charge performance over the fund’s absolute return once it surpasses its preferred rate. ( - ) Performance compensation: compensation allocated to the management teams linked to generated performance fees Distributable Earnings (DE) (+) FRE (+) Cash PRE: PRE less unrealized performance fees and unrealized performance compensation (+) Realized GP Investment Income: realized income derived from our GP Investments in our Private Market funds (+) Realized Financial Income: realized income derived from the company’s cash allocations (+) D&A: non - cash expense that is added back to our Distributable Earnings calculation ( - ) Cash Income taxes: income taxes calculated over realized revenues 33

 
 

Quarterly Year - to - date (R$ thousands, unless mentioned) 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q’22 1Q’21 LTM 1Q’22 LTM Net revenue from management fees 60,826 71,517 76,025 81,843 94,778 92,855 91,594 87,229 290,211 366,456 Net revenue from advisory fees 6,479 330 6,061 15,066 6,378 25,163 20,148 3,674 27,936 55,363 Total Fee Related Revenues 67,305 71,847 82,086 96,909 101,156 118,018 111,742 90,903 318,147 421,819 Personnel expenses (3,600) (3,456) (4,232) (5,097) (5,528) (5,600) (6,021) (6,549) (16,385) (23,698) Other G&A expenses (4,436) (2,152) (5,545) (3,574) (4,058) (5,163) (4,717) (4,503) (15,707) (18,441) Corporate center expenses (12,632) (14,312) (17,372) (19,512) (19,296) (18,149) (23,642) (18,761) (63,827) (79,848) Bonus compensation related to management and advisory¹ (13,607) (15,740) (17,294) (18,526) (17,082) (25,994) (23,367) (17,272) (65,167) (83,715) Total Fee Related Expenses (34,275) (35,659) (44,442) (46,710) (45,964) (54,906) (57,747) (47,085) (161,086) (205,702) FEE RELATED EARNINGS (FRE) 33,030 36,188 37,644 50,199 55,192 63,112 53,995 43,818 157,061 216,117 FRE Margin (%) 49.1% 50.4% 45.9% 51.8% 54.6% 53.5% 48.3% 48.2% 49.4% 51.2% FRE per share²(R$/share) 0.58 0.64 0.66 0.88 0.97 1.12 0.96 0.78 2.76 3.83 Net revenue from performance fees 19,537 1,697 22,526 9,951 18,624 5,610 3,448 3,172 53,711 30,854 Performance based compensation³ (6,712) (391) (7,536) (3,292) (7,817) (1,798) (1,094) (1,032) (17,931) (11,741) PERFORMANCE RELATED EARNINGS (PRE) 12,825 1,306 14,990 6,659 10,807 3,812 2,354 2,140 35,780 19,113 PRE Margin (%) 65.6% 77.0% 66.5% 66.9% 58.0% 68.0% 68.3% 67.5% 66.6% 61.9% ( - ) Unrealized performance fees (11,794) 1,678 (4,872) (422) (9,065) 7,036 10,166 (636) (15,410) 7,501 (+) Unrealized performance compensation 4,284 (609) 2,134 150 2,980 (2,258) (3,605) 225 5,959 (2,658) (+) Realized GP investment income 1 (9) 36 112 345 1,421 11,973 2,045 140 15,784 SEGMENT DISTRIBUTABLE EARNINGS 38,346 38,554 49,932 56,699 60,259 73,123 74,883 47,593 183,531 255,857 Segment DE Margin (%) 51.1% 51.3% 50.0% 57.5% 54.3% 55.4% 54.5% 49.8% 51.5% 53.8% (+) Depreciation and amortization - - 1,093 939 926 925 1,127 984 2,032 3,962 (+) Realized financial income 933 49 539 4,644 14,239 315 9,531 24,996 6,165 49,081 ( - ) Leasing expenses (3,047) (3,004) (3,093) (3,157) (3,106) (3,065) (2,953) (2,472) (12,301) (11,596) ( - ) Other items 207 (62) (211) 886 (2,120) 775 140 (1,136) 820 (2,341) ( - ) Non - recurring expenses 4 - - - - - - - (5,109) - (5,109) ( - ) Income taxes (excluding related to unrealized fees and income) (9,016) (9,533) (11,364) (12,815) (15,417) (10,330) (14,213) (11,601) (42,729) (51,561) DISTRIBUTABLE EARNINGS (DE) 27,423 26,004 36,896 47,195 54,781 61,743 68,515 53,255 137,518 238,294 DE Margin (%) 36.1% 34.6% 36.8% 42.4% 43.7% 46.6% 46.7% 44.2% 37.9% 45.4% DE per share (R$/share) 5 0.48 0.46 0.65 0.83 0.97 1.09 1.22 0.95 2.42 4.23 (+) Non - recurring expenses including income tax related to realized expense - - - - - - - 4,437 - 4,437 ADJUSTED DISTRIBUTABLE EARNINGS (DE) 27,423 26,004 36,896 47,195 54,781 61,743 68,515 57,692 137,518 242,730 Adjusted DE Margin (%) 36.1% 34.6% 36.8% 42.4% 43.7% 46.6% 46.7% 47.9% 37.9% 46.2% Adjusted DE per share (R$/share) 0.48 0.46 0.65 0.83 0.97 1.09 1.22 1.03 2.42 4.31 Segment Earnings For comparison purposes only, FRE and DE per share indicated for 2020 quarters and 1Q’21 LTM are calculated considering Vinci Pa rtners’ post - IPO share count of 56,913,588. See notes and definitions at end of document 34

 
 

Quarterly Year - to - date (R$ thousands, unless mentioned) 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q’22 1Q’21 LTM 1Q’22 LTM REVENUES Net revenue from management fees 60,826 71,517 76,025 81,843 94,778 92,855 91,594 87,229 290,211 366,456 Net revenue from performance fees 19,537 1,697 22,526 9,951 18,624 5,610 3,448 3,172 53,711 30,854 Realized performance fees 7,743 3,375 17,654 9,529 9,559 12,646 13,614 2,536 38,301 38,355 Unrealized performance fees 11,794 (1,678) 4,872 422 9,065 (7,036) (10,166) 636 15,410 (7,501) Net revenue from advisory 6,479 330 6,061 15,066 6,378 25,163 20,148 3,674 27,936 55,363 Total net revenues from services rendered 86,842 73,544 104,612 106,860 119,780 123,628 115,190 94,075 371,858 452,673 EXPENSES Bonus related to management and advisory¹ (13,607) (15,740) (17,294) (18,526) (17,082) (25,994) (23,367) (17,272) (65,167) (83,715) Performance based compensation² (6,712) (391) (7,536) (3,292) (7,817) (1,798) (1,094) (1,032) (17,931) (11,741) Realized (2,428) (1,000) (5,402) (3,142) (4,837) (4,056) (4,699) (807) (11,972) (14,399) Unrealized (4,284) 609 (2,134) (150) (2,980) 2,258 3,605 (225) (5,959) 2,658 Total compensation and benefits (20,319) (16,131) (24,830) (21,818) (24,899) (27,792) (24,461) (18,303) (83,098) (95,455) Personnel expenses (3,600) (3,456) (4,232) (5,097) (5,528) (5,600) (6,021) (6,549) (16,385) (23,698) Other general and administrative expenses (4,436) (2,152) (5,545) (3,574) (4,058) (5,163) (4,717) (4,503) (15,707) (18,441) Corporate center expenses (12,632) (14,312) (17,372) (19,512) (19,296) (18,149) (23,642) (18,761) (63,827) (79,848) Total expenses (40,987) (36,050) (51,978) (50,002) (53,781) (56,704) (58,841) (48,116) (179,017) (217,442) Operating profit 45,855 37,494 52,634 56,858 65,999 66,924 56,349 45,959 192,841 235,231 OTHER ITEMS GP Investment income 1,591 470 3,368 1,161 (5,206) (290) 4,415 (4,169) 6,590 (5,250) Realized gain from GP investment income 1 (9) 36 112 345 1,421 11,973 2,045 140 15,784 Unrealized gain from GP investment income 1,590 479 3,332 1,049 (5,551) (1,711) (7,558) (6,214) 6,450 (21,034) Financial income 1,386 491 637 4,497 14,152 (326) 9,579 24,708 7,011 48,113 Realized gain from financial income 933 49 539 4,644 14,239 315 9,531 24,996 6,165 49,081 Unrealized gain from financial income 453 442 98 (147) (87) (641) 48 (288) 846 (968) Leasing expenses (3,047) (3,004) (3,093) (3,157) (3,106) (3,065) (2,953) (2,472) (12,301) (11,596) Other items 207 (62) (211) 886 (2,120) 775 140 (1,136) 820 (2,341) Stock compensation plan - - - - (1,642) (1,014) (1,014) (736) - (4,406) Non - recurring expenses³ - - - - - - - (5,109) - (5,109) Total Other Items 137 (2,105) 701 3,387 2,078 (3,920) 10,167 11,086 2,120 19,411 Profit before income taxes4 45,992 35,389 53,335 60,245 68,077 63,004 66,516 57,045 194,961 254,642 ( - ) Income taxes 4 (11,071) (9,653) (13,092) (13,232) (14,671) (11,401) (9,923) (11,739) (47,048) (47,734) NET INCOME 34,921 25,736 40,243 47,013 53,406 51,603 56,593 45,306 147,913 206,908 (+) Non - recurring expenses including income tax related to realized expense - - - - - - - 4,437 - 4,437 ADJUSTED NET INCOME 34,921 25,736 40,243 47,013 53,406 51,603 56,593 49,742 147,913 211,344 Financials - Income Statement See notes and definitions at end of document’ 35

 
 

Quarterly Year - to - date (R$ thousands, unless mentioned) 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21 3Q'21 4Q'21 1Q’22 1Q’21 LTM 1Q’22 LTM OPERATING PROFIT 45,855 37,494 52,634 56,858 65,999 66,924 56,349 45,959 192,841 235,231 ( - ) Net revenue from realized performance fees (7,743) (3,375) (17,654) (9,529) (9,559) (12,646) (13,614) (2,536) (38,301) (38,355) ( - ) Net revenue from unrealized performance fees (11,794) 1,678 (4,872) (422) (9,065) 7,036 10,166 (636) (15,410) 7,501 (+) Compensation allocated in relation to performance fees¹ 6,712 391 7,536 3,292 7,817 1,798 1,094 1,032 17,931 11,741 FEE RELATED EARNINGS (FRE) 33,030 36,188 37,644 50,199 55,192 63,112 53,995 43,818 157,061 216,117 OPERATING PROFIT 45,855 37,494 52,634 56,858 65,999 66,924 56,349 45,959 192,841 235,231 ( - ) Net revenue from management fees (60,826) (71,517) (76,025) (81,843) (94,778) (92,855) (91,594) (87,229) (290,211) (366,456) ( - ) Net revenue from advisory (6,479) (330) (6,061) (15,066) (6,378) (25,163) (20,148) (3,674) (27,936) (55,363) (+) Bonus related to management and advisory² 13,607 15,740 17,294 18,526 17,082 25,994 23,367 17,272 65,167 83,715 (+) Personnel expenses 3,600 3,456 4,232 5,097 5,528 5,600 6,021 6,549 16,385 23,698 (+) Other general and administrative expenses 4,436 2,152 5,545 3,574 4,058 5,163 4,717 4,503 15,707 18,441 (+) Corporate center expenses 12,632 14,312 17,372 19,512 19,296 18,149 23,642 18,761 63,827 79,848 PERFORMANCE RELATED EARNINGS (PRE) 12,825 1,306 14,990 6,659 10,807 3,812 2,354 2,140 35,780 19,113 OPERATING PROFIT 45,855 37,494 52,634 56,858 65,999 66,924 56,349 45,959 192,841 235,231 ( - ) Net revenue from unrealized performance fees (11,794) 1,678 (4,872) (422) (9,065) 7,036 10,166 (636) (15,410) 7,501 (+) Compensation allocated in relation to unrealized performance fees 4,284 (609) 2,134 150 2,980 (2,258) (3,605) 225 5,959 (2,658) (+) Realized gain from GP investment income 1 (9) 36 112 345 1,421 11,973 2,045 140 15,784 SEGMENT DISTRIBUTABLE EARNINGS 38,346 38,554 49,932 56,699 60,259 73,123 74,883 47,593 183,531 255,857 NET INCOME 34,921 25,736 40,243 47,013 53,406 51,603 56,593 45,306 147,913 206,908 ( - ) Net revenue from unrealized performance fees (11,794) 1,678 (4,872) (422) (9,065) 7,036 10,166 (636) (15,410) 7,501 (+) Income tax from unrealized performance fees 1,360 (193) 562 49 124 110 (1,173) 73 1,777 (866) (+) Compensation allocated in relation to unrealized performance fees 4,284 (609) 2,134 150 2,980 (2,258) (3,605) 225 5,959 (2,658) ( - ) Unrealized gain from GP investment income (1,590) (479) (3,332) (1,049) 5,551 1,711 7,558 6,214 (6,450) 21,034 (+) Income tax on unrealized gain from GP investment income 541 163 1,133 416 (838) 1,179 - - 2,252 341 ( - ) Unrealized gain from financial income (453) (442) (98) 147 87 641 (48) 288 (846) 968 (+) Income tax on unrealized gain from financial income 154 150 33 (48) (32) (218) (3,117) 65 290 (3,302) (+) Depreciation and amortization³ - - 1,093 939 926 925 1,127 984 2,032 3,962 (+) Stock compensation plan - - - - 1,642 1,014 1,014 736 - 4,406 (+) Non - recurring expenses including income tax related to realized expense - - - - - - - 4,437 - 4,437 ADJUSTED DISTRIBUTABLE EARNINGS 27,422 26,004 36,896 47,195 54,781 61,743 68,515 57,692 137,518 242,730 TOTAL NET REVENUE FROM SERVICES RENDERED 86,842 73,544 104,612 106,860 119,780 123,628 115,190 94,075 371,858 452,673 ( - ) Net revenue from realized performance fees (7,743) (3,375) (17,654) (9,529) (9,559) (12,646) (13,614) (2,536) (38,301) (38,355) ( - ) Net revenue from unrealized performance fees (11,794) 1,678 (4,872) (422) (9,065) 7,036 10,166 (636) (15,410) 7,501 NET REVENUE FROM MANAGEMENT FEES AND ADVISORY 67,305 71,847 82,086 96,909 101,156 118,018 111,742 90,903 318,147 421,819 Financials - Non - GAAP Reconciliation See notes and definitions at end of document 36

 
 

Effective tax rate reconciliation See notes and definitions at end of document (R$ thousands, unless mentioned) 1Q'21 1Q'22 1Q’21 LTM 1Q’22 LTM Profit (loss) before income taxes, not - including Dividends to partners 60,245 57,045 225,833 254,642 Combined statutory income taxes rate - % 34% 34% 34% 34% Income tax benefit (Expense) at statutory rates (20,483) (19,395) (76,783) (86,578) Reconciliation adjustments: Expenses not deductible (52) (18) (107) (358) Tax benefits 14 35 454 846 Share based payments - (86) 0 (457) Effect of presumed profit of subsidiaries¹ 7,092 7,714 28,995 38,901 Other additions (exclusions), net 197 11 393 (88) Income taxes expenses (13,232) (11,739) (47,048) (47,734) Current (14,196) (12,671) (45,996) (55,245) Deferred 964 932 (1,052) 7,511 Effective tax rate 22% 21% 21% 19% 37

 
 

13.1 18.5 3.3 8.7 0.9 2.4 3.0 15.2 17.3 1.0 8.4 1.0 2.6 2.7 General and Administrative Expenses 1 Q 2021 (R$mm) 1 Q 2022 (R$mm) Lease and condominium Other Personnel Bonus related to Mgmt. and Adv. fees Performance based compensation Third party expenses D&A R$50.0 mm Personnel Bonus related to Mgmt. and Adv. fees Performance based compensation Third party expenses D&A Lease and condominium Other R$48.1 mm - 4% 38

 
 

Balance Sheet Results Assets 12/31/2021 3/31/2022 Current assets Cash and cash equivalents 102,569 38,516 Cash and bank deposits 21,679 9,109 Financial instruments at fair value through profit or loss 80,890 29,407 Financial instruments at fair value through profit or loss 1,372,926 1,324,292 Trade receivables 44,316 41,453 Sub - leases receivable - 1,500 Taxes recoverable 3,199 3,214 Other assets 4,193 7,136 Total current assets 1,527,203 1,416,111 Non - current assets Financial instruments at fair value through profit or loss 8,593 9,235 Trade receivables 19,368 20,042 Sub - leases receivable - 2,256 Taxes recoverable 80 61 Deferred taxes 4,970 6,057 Other receivables 2,011 1,851 35,022 39,502 Property and equipment 14,294 13,591 Right of use - Leases 69,329 63,159 Intangible assets 1,157 1,156 Total non - current assets 119,802 117,408 TOTAL 1,647,005 1,533,519 Liabilities and equity 12/31/2021 3/31/2022 Current liabilities Trade payables 831 366 Deferred Revenue - 17,504 Leases 22,304 22,755 Accounts payable 10,677 6,909 Labor and social security obligations 106,299 25,023 Taxes and contributions payable 23,762 14,838 Total current liabilities 163,873 87,395 Non - current liabilities Accounts payable - - Leases 63,240 59,581 Deferred taxes 5,016 5,209 68,256 64,790 Equity Share capital 15 15 Additional paid - in capital 1,382,038 1,382,038 Treasury shares (52,585) (73,815) Retained Earnings 70,183 59,315 Other reserves 15,182 13,747 1,414,833 1,381,300 Non - controlling interests in the equity of subsidiaries 43 34 Total equity 1,414,876 1,381,334 Total liabilities and equity 1,647,005 1,533,519 39

 
 

Supplement Details

 
 

AUM and Fee - Earning AUM Rollforward Assets Under Management (AUM) – R$ millions Fee - Earning Assets Under Management (FEAUM) – R$ millions For the Three Months Ended March 31, 2022 For the Three Months Ended March 31, 2022 For the Twelve Months Ended March 31, 2022 For the Twelve Months Ended March 31, 2022 Private Public IP&S Infrastructure Real Estate Credit Hedge Total Equity Equities Funds Beginning balance 11,223 8,493 23,664 2,421 5,399 2,948 3,080 57,229 (+/ - ) Capital Subscription / (capital return) 135 - 142 (917) 110 (4) - (534) (+) Capital Subscription 136 - 142 151 215 52 - 694 ( - ) Capital Return (1) - - (1,068) (104) (55) - (1,228) (+/ - ) Net Inflow / (outflow) - (251) (541) - - 196 (279) (875) (+/ - ) Appreciation / (depreciation) (333) 1,091 128 (11) (192) 66 110 858 Ending Balance 11,025 9,333 23,394 1,493 5,317 3,206 2,910 56,677 Private Public IP&S Infrastructure Real Estate Credit Hedge Total Equity Equities Funds Beginning balance 11,442 10,016 20,449 2,455 5,125 2,330 2,946 54,763 (+/ - ) Capital Subscription / (capital return) 211 - 203 (912) 661 109 - 272 (+) Capital Subscription 218 - 203 277 889 186 - 1,772 ( - ) Capital Return (7) - - (1,188) (229) (76) - (1,500) (+/ - ) Net Inflow / (outflow) - (730) 2,478 - 107 537 (108) 2,285 (+/ - ) Appreciation / (depreciation) (628) 47 263 (50) (576) 230 72 (643) Ending Balance 11,025 9,333 23,394 1,493 5,317 3,206 2,910 56,677 Private Public IP&S Infrastructure Real Estate Credit Hedge Total Equity Equities Funds Beginning balance 9,299 8,427 23,528 2,362 5,399 2,948 3,013 54,975 (+/ - ) Capital Subscription / (capital return) 135 - 142 (917) 110 (4) - (534) (+) Capital Subscription 136 - 142 151 215 52 - 694 ( - ) Capital Return (1) - 0 (1,068) (104) (55) - (1,228) (+/ - ) Net Inflow / (outflow) - (251) (541) - - 196 (283) (879) (+/ - ) Appreciation / (depreciation) (197) 1,091 128 (12) (192) 66 108 991 Ending Balance 9,236 9,267 23,258 1,433 5,317 3,206 2,838 54,553 Private Public IP&S Infrastructure Real Estate Credit Hedge Total Equity Equities Funds Beginning balance 9,530 9,955 20,299 2,351 5,125 2,330 2,884 52,474 (+/ - ) Capital Subscription / (capital return) 211 - 203 (861) 661 109 - 322 (+) Capital Subscription 218 - 203 277 889 186 - 1,772 ( - ) Capital Return (7) - - (1,138) (229) (76) - (1,450) (+/ - ) Net Inflow / (outflow) - (728) 2,488 - 107 537 (114) 2,290 (+/ - ) Appreciation / (depreciation) (505) 39 268 (57) (576) 230 68 (533) Ending Balance 9,236 9,267 23,258 1,433 5,317 3,206 2,838 54,553 41

 
 

Investment records – IP&S, Liquid Strategies, Credit and Listed Funds Fund Segment NAV¹ (R$ millions) 1Q22 YTD 12 M 24 M Market Comparison Index Rate Vinci Multiestratégia FIM Hedge Funds 503.1 3.1% 3.1% 5.9% 8.1% CDI4 CDI4 Atlas Strategy² Hedge Funds 542.4 4.2% 4.2% 1.4% 3.2% CDI4 CDI4 Vinci Total Return Hedge Funds 282.3 8.8% 8.8% 19.4% 88.0% IPCA5 + Yield IMA - B7 IPCA5 + Yield IMA - B7 Mosaico Strategy Public Equities 1,205.6 11.0% 11.0% - 1.0% 52.3% IBOV5 IBOV5 Vinci Gas Dividendos FIA Public Equities 574.2 15.4% 15.4% 6.3% 50.8% IBOV5 IBOV5 Vinci Valorem FIM IP&S 2,376.3 4.2% 4.2% 7.6% 15.5% IMA - B 57 IMA - B 57 Equilibrio Strategy³ IP&S 2,223.5 4.5% 4.5% 7.8% 16.1% IPCA6 - Vinci Selection Equities FIA IP&S 581.6 9.1% 9.1% - 0.9% 49.9% IBOV5 IBOV5 Vinci Crédito Imobiliário I Credit 255.1 4.5% 4.5% 4.6% 18.1% IPCA6 IPCA6 +7.785% Vinci Crédito Imobiliário II Credit 560.5 3.1% 3.1% 4.5% 14.4% IPCA6 IPCA6+ 6% Vinci Crédito Estruturado Multiestrategia Plus FIC FIM Credit 121.3 2.7% 2.7% 9.5% 13.9% CDI4 CDI4 Vinci Energia Sustentável Credit 600.0 - 1.0% - 1.0% 4.6% 16.5% IPCA6 IPCA6 + 6% VISC11 Real Estate (listed REIT) 1,755.5 - 1.4% - 1.4% - 3.6% 12.4% IFIX8 IPCA6 + 6% VILG11 Real Estate (listed REIT) 1,483.2 - 3.7% - 3.7% - 9.5% 8.0% IFIX8 IPCA6 + 6% VINO11 Real Estate (listed REIT) 822.8 - 9.8% - 9.8% - 9.9% 13.5% IFIX8 IPCA6 + 6% VIFI11 Real Estate (listed REIT) 202.0 - 2.8% - 2.8% - 9.6% - IFIX8 IFIX8 VIUR11 Real Estate (listed REIT) 196.2 - 3.1% - 20.8% - - IFIX8 IPCA6 + 6% VIGT11 Infrastructure (listed) 645.0 - 1.8% - 1.8% - 3.1% 2.7% - - Benchmark 1Q22 YTD 12 M 24 M IBOV 5 14.5% 14.5% 2.9% 64.3% CDI 4 2.4% 2.4% 6.4% 8.8% IMA - B 5 7 3.8% 3.8% 8.7% 18.0% IPCA 6 + Yield IMA - B 7 2.8% 2.8% 14.1% 23.4% IPCA 6 2.9% 2.9% 10.9% 17.7% IFIX 8 - 0.9% - 0.9% - 2.3% 11.5% 42

 
 

Pro Forma Historical Portfolio Performance - Excluding PIPE Investments¹ Investment records – Closed End Private Markets funds Fund Segment Vintage year Committed Capital (R$mm) Invested Capital (R$mm) Realized or Partially Realized (R$mm) Unrealized (R$mm) Total Value (R$mm) Gross MOIC (BRL) Gross MOIC (USD) Gross IRR (BRL) Gross IRR (USD) Fund 1 Private Equity 2004 1,415 1,206 5,058 229 5,287 4.4x 4.0x 71.5% 77.2% VCP II Private Equity 2011 2,200 1,805 1,844 2,390 4,234 2.3x 1.2x 12.6% 2.8% VCP III Private Equity 2018 4,000 1,825 34 2,910 2,944 1.6x 1.6x 48.6% 42.0% VCP Strategy² Private Equity 7,615 4,835 6,936 5,529 12,465 2.6x 2.3x 64.8% 70.3% NE Empreendedor Private Equity 2003 36 13 26 0 26 2.1x 2.6x 22.0% 30.5% Nordeste III Private Equity 2017 240 134 75 139 213 1.6x 1.3x 22.0% 9.8% VIR IV Private Equity 2020 1,000 189 2 203 205 1.1x 1.0x 23.8% 14.2% VIR Strategy³ Private Equity 1,276 336 103 342 445 1.3x 1.2x 22.1% 27.8% FIP Transmissão 4 Infrastructure 2017 211 104 241 161 401 3.9x 3.0x 69.4% 53.5% VIAS Infrastructure - 384 - - - - - - - - VFDL 5 Real Estate 2021 422 79 0 99 99 1.2x 1.4x 70.5% 107.4% 43

 
 

Shareholder Dividends ($ in thousands) 1H21 3Q ' 21 4Q'21 1Q'22 Distributable Earnings (R$) 101,976 61,743 68,515 53,255 Distributable Earnings (US$)³ 19,397 11,377 13,637 10,615 DE per Common Share (US$)¹ 0.34 0.20 0.24 0.19 Actual Dividend per Common Share² 0.30 0.16 0.20 0.17 Record Date September 01,2021 December 01,2021 March 10, 2022 May 24, 2022 Payable Date September 16, 2021 December 16,2021 March 24, 2022 June 08, 2022 ▪ Vinci Partners generated R$0.95 or US$0.19¹ of Distributable Earnings per common share for the first quarter of 2022. ▪ The company declared a quarterly dividend of US$0.17² per common share to record holders as of May 24, 2022; payable on June 08 , 2022 . 44

 
 

Share Summary ▪ Common Shares Outstanding as of quarter end of 55,829,316 shares. x Repurchased 326,261 common shares in the quarter, with an average share price of US$12.3. x Repurchased 1,084,272 common shares since the announcement of the share repurchase plan, with an average share price of US$12 .7. x Available authorization remaining was R$11.2 million on March 31, 2022. VINP Shares 4Q ' 20 (Pre IPO) 1Q ' 21 2Q ' 21 3Q ' 21 4Q'21 1Q'22 Class B 14,466,239 14,466,239 14,466,239 14,466,239 14,466,239 14,466,239 Class A – Partnership Units 27,175,861 27,175,861 27,175,861 27,175,861 27,175,861 27,175,861 Class A - Public Float N/A 15,271,488 15,094,833 14,921,318 14,513,477 14,187,216 Common Shares Outstanding 41,642,100 56,913,588 56,736,933 56,563,418 56,155,577 55,829,316 45

 
 

GP Commitment in Private Market funds ▪ As of March 31, 2022, the company had R$451.4 million in capital commitments signed to proprietary Private Markets funds. ▪ During the first quarter of 2022, the company signed R$269.0 million in capital commitments to proprietary Private Markets fu nds . ▪ Total GP Investments marked at fair value of R$258.7 million as of March 31, 2022. ▪ Total capital returned in the quarter of R$2.1 million, coming from dividends paid by our REITs. (R$ millions, unless mentioned) Fund Segment 1Q'22 Total Capital 1Q'22 Total Capital Capital Returned/ Accumulated Capital Fair value Commitments Committed Capital Called Called Dividends Payed Returned/ of investments (1Q'22) Dividends Payed Nordeste III Private Equity 0.0 5.0 0.0 3.1 0.0 1.3 2.7 VCP III Private Equity 0.0 3.1 0.6 1.7 0.0 0.0 2.5 VIR IV Private Equity 0.0 11.1 0.8 2.9 0.0 0.1 2.7 FIP Infra Transmissão ( co - investment )¹ Infrastructure 0.0 29.5 0.0 8.9 0.0 19.7 12.7 FIP Infra Transmissão¹ Infrastructure 0.0 10.5 0.0 3.4 0.0 6.2 4.0 VIAS Infrastructure 0.0 50.0 26.5 27.8 0.0 0.0 27.0 VFDL Real Estate 0.0 70.0 0.0 14.0 0.0 0.0 16.9 VIUR Real Estate 0.0 67.3 0.0 67.3 1.4 4.6 49.5 VCS Credit 22.0 80.0 22.0 80.0 0.0 0.0 84.4 Vinci FOF Imobiliário Real Estate 0.0 10.0 0.0 10.0 0.0 0.0 10.8 VSP IP&S 45.0 50.0 0.0 0.0 0.0 0.0 0.0 VINO Real Estate 50.0 50.0 50.0 50.0 0.6 0.6 45.3 Vinci Transporte e Logística II Infrastructure 15.0 15.0 0.0 0.0 0.0 0.0 0.0 Total 132.0 451.4 99.8 269.0 2.1 32.5 258.7 46

 
 

Significant exposure to performance fee - eligible AUM ▪ Total Performance fee eligible AUM (PEAUM) of R$34.9 billion. ▪ Hurdle rate funds charge performance based on the fund’s return over its benchmark, generally with a high - watermark clause, except for the SWF mandate in Public Equities. ▪ Within our Private Market strategies, R$8 billion in AUM comes from “preferred return” funds with carried interest, that are still in investment period. PEAUM R$35 bn 27% 24% 21% 9% 9% 8% 2% Private Equity IP&S Public Equities Real Estate Credit Hedge Funds Infrastructure PERFORMANCE FEE ELIGIBLE AUM (PEAUM) Strategy/Fund AUM R$mm Index type Index Rate Status Offshore Vehicles 3,080 Preferred Return w/ Catch - Up² USD + 8% Within investment period Onshore Vehicles 2,161 Preferred Return w/ Catch - Up² IPCA 5 + 8% Within investment period Nordeste III 232 Preferred Return w/ Catch - Up² IPCA 5 + 8.5% Currently generating performance Teman Pier 78 Preferred Return w/ Catch - Up² Within investment period Others 3,833 Not expected to pay performance Total Private Equity 9,383 Vinci Valorem 2,576 Hurdle³ IMAB 5 6 Currently generating performance Separate Mandates 2,113 Hurdle³ IBOV 7 + alpha Currently generating performance International¹ 1,542 Currently generating performance Commingled Funds 730 Hurdle³ IBOV 7 + alpha Currently generating performance VSP 248 Preferred Return w/ Catch - Up² IPCA 5 + 8% Currently generating performance Others 1,236 Currently generating performance Total IP&S 8,445 SWF 5,048 Hurdle³ FTSE 8 Currently generating performance Mosaico Strategy 1,206 Hurdle³ IBOV 7 Currently generating performance Vinci Gas Dividendos 574 Hurdle³ IBOV 7 Currently generating performance Others 490 Currently generating performance Total Public Equities 7,318 Listed REITs 2,520 Hurdle³ IPCA 5 + 6% Currently generating performance VFDL 436 Preferred Return 4 IPCA 5 + 6% Within investment period FOF Strategy 214 Hurdle³ IFIX9 Currently generating performance Total Real Estate 3,170 VCI II 722 Preferred Return 4 IPCA 5 + 6% Within investment period VES 600 Preferred Return 4 IPCA 5 + 6% Within investment period VCM FIM 340 Preferred Return 4 IPCA 5 + 5% Within investment period Energia FIM 265 Hurdle³ CDI 10 Currently generating performance VCS 84 Hurdle³ IPCA 5 + 5% Within investment period VCI I 255 Not expected to pay performance Others 867 Currently generating performance Total Credit 3,133 Atlas Strategy 542 Hurdle³ CDI 10 Currently generating performance Vinci Multiestratégia 503 Hurdle³ CDI 10 Currently generating performance Vinci Total Return 400 Hurdle³ IPCA 5 + Yield IMAB 11 Currently generating performance Others 1,168 Currently generating performance Total Hedge Funds 2,613 VIAS 371 Preferred Return 4 IPCA 5 + 6% Within investment period Transportation and Logistics strategy 151 Preferred Return 4 IPCA 5 + 6% Within investment period FIP Infra Transmissão 73 Preferred Return 4 IPCA 5 + 8% Currently generating performance Others 193 Not expected to pay performance Total Infrastructure 788 PEAUM TOTAL 34,851 47

 
 

▪ Notes to page 4 (1) AUM is calculated as consolidated with double counting, due to funds from one segment investing in other segments and it ´ s eliminated on consolidation and excluding VIFI from Credit and Pension Products Co - managed with IP&S from Equities. (2) CAGR is calculated considering AUM without double counting. (3) Source Anbima. (4) As of 1Q’22 last twelve months. ▪ Notes to page 5 (1) AUM is calculated as consolidated with double counting, due to funds from one segment investing in other segments and it ´ s eliminated on consolidation and excluding VIFI from Credit and Pension Products Co - managed with IP&S from Equities. ▪ Notes to page 9 (1) Long term products include funds with former lockups superior to five years. (2) Private markets strategies include Private Equity, Real Estate, Credit and Infrastructure. ▪ Notes to page 11 (1) Previously managed by Rio Bravo. (2) Fund commitment and related co - investments. ▪ Notes to page 12 (1) CVM (Comissão de Valores Mobiliários) is the Brazilian equivalent to the SEC. ▪ Notes to page 13 (1) Independent asset manager classification excludes any managers that are either affiliated with a bank franchise, global a sse t manager franchise, or a FoFs. (2) Other alternative local asset managers include Patria and Kinea. (3) Other independent asset managers include Gavea and SPX. Notes and Definitions

 
 

Notes and Definitions (cont’d) (4) Hedge funds include JPG, Bahia, Verde and others. (5) Incumbent banks include Banco do Brasil, ITAU Unibanco, Bradesco, Santander, and Caixa. ▪ Notes to page 16 (1) Public company new recurring costs include personnel expenses such as changes made in the company’s compensation structur e a fter the IPO, new hirings for our board of directors, support teams such as Investor Relations and Financial Reporting, and other expenses such as audit and Nasdaq fees. ▪ Notes to page 17 (1) Accrued performance fees for the VCP offshore are as of 4Q’21. This occurs due to the 60 days timeline of the quarterly m ark up to be disclosed by the fund’s administrator. ▪ Notes to page 1 8 (1) GP investment income comes from proprietary investments made by Vinci Partners in its own Private Markets’ funds. (2) Financial income is income generated through investments made with our cash and cash equivalen ts in cash and bank deposits, certificate of deposits and proprietary investments in Vinci Partners’ Liquid Funds, including funds from Public Equities, Hedge Funds, Real Estate and Credit. ▪ Notes to page 19 (1) Adjusted after tax Distributable Earnings is calculated as Distributable Earnings excluding non - recurring expenses. ▪ Notes to page 20 (1) Annualized dividend yield is calculated considering the company’s first quarter dividend of US$0.17/share, and VINP’s st ock price on May 10, 2022, of US$11.83/share . ▪ Notes to page 34 ((1) Bonus compensation related to management and advisory includes Dividends to Partners related to management and advisory, di stributed by the company to its original partners before the company turned public in 2021. (2) FRE per share is calculated considering the number of outstanding shares at the end of the current quarter. Last twelve m ont hs values are calculated as the sum of the last four quarters. (3) Performance based compensation includes Dividends to Partners related to performance fees, distributed by the company to its original partners before the company turned public in 2021. (4) DE per share is calculated considering the number of outstanding shares at the end of the current quarter. Las twelve mon ths are calculated as the sum of the last four quarters. (5) Non - recurring expenses are composed mostly by expenses related to professional services to matters related to our internatio nal corporate organization.

 
 

Notes and Definitions (cont’d) ▪ Notes to page 35 (1) Bonus compensation related to management and advisory includes Dividends to Partners related to management and advisory, dis tributed by the company to its original partners before the company turned public in 2021. (2) Performance based compensation includes Dividends to Partners related to performance fees, distributed by the company to its original partners before the company turned public in 2021. (3) Nonrecurring expenses are composed mostly by expenses related to professional services to matters related to our internat ion al corporate organization. (3) Profit before income taxes includes Dividends to partners related to management, advisory and performance fees, distribut ed by the company to its original partners before the company turned public in 2021. (4) Income taxes are comprised of taxes calculated over our corporate income tax and social contribution taxes. We are taxed on an actual taxable profit regime, while our subsidiaries are taxed based on deemed profit. Dividends to partners distributed by the company to its original partners before turned public in 202 1 a re not included in actual taxable regime. ▪ Notes to page 36 (1) Performance based compensation includes Dividends to Partners related to performance fees, distributed by the company to its original partners before the company turned public in 2021. (2) Bonus compensation related to management and advisory includes Dividends to Partners related to management and advisory, dis tributed by the company to its original partners before the company turned public in 2021. (3) Depreciation and amortization is a non - cash expense that is being added back for our calculation of Distributable Earnings f or the year ended December 31, 2020, and future periods. ▪ Notes to page 37 (1) Brazilian tax law establishes that companies that generate gross revenues of up to R$ 78,000 in the prior fiscal year may ca lculate income taxes as a percentage of gross revenue, using the presumed profit income tax regime. The Entity's subsidiaries adopted this tax regime and the effect of the presumed profit of su bsidiaries represents the difference between the taxation based on this method and the amount that would be due based on the statutory rate applied to the taxable profit of the subsidiaries. ▪ Notes to page 42 (1) NAV is the net asset value of each fund. For listed vehicles, the NAV represents the Market valuation of the fund. (2) Atlas strategy includes the funds Atlas FIC FIM and Atlas Institucional FIC FIM. (3) Equilibrio Strategy incudes the IP&S Family of pension plans. (4) CDI is an average of interbank overnight rates in Brazil(daily average for the period). (5) Brazil stock market most relevant index.

 
 

Notes and Definitions (cont’d) (6) IPCA is a broad consumer price index measured by the IBGE. (7) IMAB is composed by government bonds indexed to IPCA (inflation rate) plus a fixed interest rate. IMAB 5 also includes go ver nment bonds indexed to IPCA with up to 5 Years in duration. (8) IFIX is an index composed by listed REITs in the brazilian stock Market. ▪ Notes to page 43 (1) Track record information is presented throughout this presentation on a pro forma basis and in local currency, excluding PIP E investments, a strategy that will be discontinued in VCP III. Past performance of investments described herein is provided for illustrative purposes only and is not necessarily indicative of VCP II or VCP III’s future investment results. (2) Total commitments for VCP III include R$1.3 billion in co - investments. ▪ Notes to page 44 (1) US$ Distributable Earnings was calculated considering the exchange rate from USD to BRL of 5.0171, as of May 5, 2022, whe n d ividends were approved by our Board of Directors. (2) Per Share calculations are based on end of period Participating Common Shares. (3) Actual dividends per common share are calculated considering the share count as of the applicable record date. ▪ Notes to page 46 (1) The remaining capital committed in FIP Infra Transmissão and FIP Infra Transmissão co - investment will not be called by the f und, which is already in divestment period. ▪ Notes to page 47 (1) International mandates have several different benchmarks across its vehicles. (2) The preferred return w/ catch - up rule applies to funds for which the vehicle must pay back its limited partners 100% of the invested capital corrected by the preferred return rate so it can charge performance fees. Once the preferred return rate is achieved, due to the catch - up clause, performance fees are charged ov er the absolute return of the fund instead of the excess return over the preferred rate. (3) Hurdle Rate is the minimum return the fund must achieve before it can charge performance fees. In most cases, funds with hur dle rate also are under a high - water mark clause. (4) Funds with preferred return must return 100% of invested capital corrected by the preferred return rate to its limited pa rtn ers in order to charge performance fees. (5) IPCA is a broad consumer price index measured by the IBGE. (6) IMAB 5 is composed by government bonds indexed to IPCA with up to 5 years in duration.

 
 

Notes and Definitions (cont’d) (7) IBOV is the Brazilian stock market's most relevant index; (8) FTSE is London's stock market most relevant index. (9) IFIX is an index composed by listed REITs in the brazilian stock exchange. (10) The CDI rate is a result of the average interbank overnight rates in Brazil (daily average for the period). (11) IMAB is composed by government bonds indexed to IPCA(inflation rate) plus a fixed interest rate.

 
 

Notes and Definitions (cont’d) ▪ “Fee related earnings”, or “FRE”, is a metric to monitor the baseline performance of, and trends in, our business, in a manne r t hat does not include performance fees or investment income. We calculate FRE as operating profit less (a) net revenue from realized performance fees, less (b) net revenue from unrealized p erf ormance fees, plus (c) compensation allocated in relation to performance fees. ▪ “FRE Margin” is calculated as FRE over total net management and advisory fees. ▪ “Distributable Earnings”, or “DE”, is used as a reference point by our board of directors for determining the amount of earni ngs available to distribute to shareholders as dividends. Distributable Earnings is calculated as profit for the year, less (a) net revenue from unrealized performance fees, plus (b) inc ome taxes from unrealized performance fees, plus (c) compensation allocated in relation to unrealized performance fees, less (d) unrealized gain from GP investment income, less (e) unrealized ga in from financial income, plus (f) income taxes on unrealized gain from GP investment income, plus (g) income taxes on unrealized gain from financial income. ▪ “DE Margin” is calculated as DE over the sum of management and advisory fee related revenues, realized performance revenue, r eal ized GP investment income and realized financial income, net of revenue tax. ▪ “Performance Related Earnings”, or “PRE”, is a performance measure that we use to assess our ability to generate profits from re venue that relies on outcome from funds above their respective benchmarks. We calculate PRE as operating profit, less (a) net revenue from fund management and advisory, less (b) op erating expenses, such as segment personnel, G&A, corporate center and bonus related to management and advisory.. ▪ “Segment Distributable Earnings” is Vinci Partners’ segment profitability measure used to make operating decisions and assess pe rformance across the company’s four segments (Private Markets, Liquid Strategies, Investment Products and Solutions and Financial Advisory). Segment Distributable Earnings is calc ula ted as operating profit less (a) net revenue from unrealized performance fees, plus (b) compensation allocated in relation to unrealized performance fees, plus (c) realized gain from GP inv estment income. ▪ “AUM” refers to assets under management. Our assets under management equal the sum of: (1) the fair market value of the inves tme nts held by funds plus the capital that we are entitled to call from investors in those funds pursuant to the terms of their capital commitments to those funds (plus the fair market va lue of co - investments arranged by us that were made or could be made by limited partners of our corporate private equity funds and portfolio companies of such funds); (2) the net asset valu e o f our public equity funds, hedge funds and closed - end mutual funds; and (3) the amount of capital raised for our credit funds. AUM includes double counting related to funds from one segm ent that invest in funds from another segment. Those cases occur mainly due to (a) fund of funds of investment products and solutions segment, and (b) investment funds in general that inv est part of their cash in credit segment and hedge fund segment funds in order to maintain liquidity and provide for returns on cash. Such amounts are eliminated on consolidation. T he bylaws of the relevant funds prohibit double - charging fees on AUM across segments. Therefore, while our AUM by segment may double - count funds from one segment that invest in funds from an other segment, the revenues for any given segment do not include revenue in respect of assets managed by another segment, which means there are no intercompany eliminations on re venues in our results of operations.

 
 

Notes and Definitions (cont’d) ▪ Net Cash and Investments include cash and cash equivalents and the fair value of investments in liquid funds and GP Fund Inve stm ents. Cash and cash equivalents include cash, certificate of deposits, which are issued by Banco Bradesco (credit rating AAA evaluated by Fitch Ratings) with interest rates from 99.5% to 10 1% of CDI. ▪ “Net revenue from Fund Management and Advisory” is a performance measure that we use to assess our ability to generate profit s f rom our fund management and advisory business without measuring for the outcomes from funds above their respective benchmarks. We calculate Net Revenue from Fund Management and Ad vis ory as net revenue from services rendered less (a) net revenue from realized performance fees and less (b) net revenue from unrealized performance fees. ▪ “Total compensation and benefits” is the result of the profit sharing paid to our employees as (a) bonus compensation related to management advisory and (b) performance based compensation. Total compensation and benefits include Dividends to Partners, distributed by the company to its original partn ers before the public turned public in 2021. In accordance with the by - laws of Vinci Brazil, dividends have historically been distributed based on the resolution of the partners. Therefore, di vidends could be distributed on a non - proportional basis among quotaholders, which are comprised by the partners of Vinci Brazil. After the company’s IPO, Vinci Partners changed its compen sat ion structure, from a dividend distribution policy to a profit - sharing scheme our partners. ▪ “Segment personnel expenses” are composed of the salary - part compensation paid to employees and partners of our funds’ managemen t teams. ▪ “Corporate center expenses” are composed by the salary - compensation paid to employees and other general and administrative expen ses related to our support teams, such as research, risk, legal & compliance, investor relations, operations and ESG. ▪ “Other general and administrative expenses” is made up of third - party expenses, depreciation and amortization, travel and repres entation, marketing expenses, administrative fees, non - operating taxes, third - party consultants’ fees, such as legal and accounting, and office consumables. ▪ “GP investment income” is income from proprietary investments made by us in our own Private Markets’ funds, used as GP Commit men ts. ▪ “Financial income” is income generated through the investments made with our cash and cash equivalents in cash and bank depos its , certificate of deposits and proprietary investments in our Liquid Funds from our public equities and hedge funds’ segments and listed REITs from our real estate segment. ▪ “Leasing expenses” include costs from the company’s sub - leasing activities. ▪ “Income taxes” is comprised of taxes on our corporate income tax and social contribution taxes. We are taxed on an actual tax abl e profit regime, while our subsidiaries are taxed based on deemed profit. Dividends to partners distributed by the company to its original partners before turned public in 2021 are not in cluded in actual taxable regime.

 
 

Notes and Definitions (cont’d) ▪ “Capital Subscription / (capital return)” represents the net capital commitments and capital returns from our Private Markets ’ c losed end and listed funds. ▪ “Net Inflows / (outflows)” represent the net inflows and outflows from our liquid funds from our liquid strategies, IP&S and cre dit segments. ▪ “Appreciation / (depreciation)” represents the net capital appreciation/depreciation from our funds, which refers to the incr eas e or decrease of the funds’ investment’s value. ▪ “MOIC” means multiple on invested capital, a ratio intended to represent how much value an investment has returned, and is ca lcu lated as realized value plus unrealized value, divided by the total amount invested, gross of expenses and fees. ▪ “IRR” means the internal rate of return, which is a discount rate that makes the net present value of all cash flows equal to ze ro in a discounted cash flow analysis.

 
 

Notes and Definitions (cont’d) ▪ Vinci Multiestratégia : The fund seeks to achieve long - term returns by investing in fixed income assets, through strategies that imply interest rates and currency risks. ▪ Vinci Atlas: The fund seeks to achieve long - term returns by investing across all strategies within fixed income, equities, curre ncy, derivatives, commodities and other investment funds with no obligation of any class concentration. ▪ Vinci Mosaico FIA: Public Equities’ long only flagship strategy. The strategy seeks to achieve long - term returns above Brazilian equities mar ket (Ibovespa) based on a fundamental analysis. ▪ Vinci Gas Dividendos : Public Equities’ dividends flagship strategy. The strategy seeks to achieve long - term returns by investing in companies with a consistent history of paying dividends in the Brazilian stock market. ▪ Vinci Total Return: The fund seeks to achieve medium and long - term returns by investing most of its capital in the Brazilian sto ck market, through bottom up and top - down strategies. ▪ Vinci Valorem: IP&S flagship commingled fund with exposure to fixed income assets, foreign exchange currency and derivatives. ▪ Equilibrio Strategy: IP&S family of pension plan funds. The strategy seeks to achieve long - term returns by investing across all strategies within fixed income, equities, currency, derivatives, commodities and other investment funds, respecting limitations in regulation. ▪ Vinci Selection Equities: The fund seeks to beat the Brazilian stock market index by investing in other funds that invest in Bra zilian public equities. ▪ Vinci Crédito Imobiliário I: The fund seeks to achieve long - term returns by investing in real estate mortgage - backed credit security bonds. ▪ Vinci Crédito Estruturado Multiestratégia PLUS FIC FIM: The fund seeks to achieve consistent returns by investing in private structured credit bonds. ▪ VISC11: Shopping malls listed REIT, focused on acquiring income - generating shopping malls in Brazil. ▪ VILG11: Industrial listed REIT focused on acquiring mature income - generating industrial properties in Brazil. ▪ VINO11: Listed REIT focused on acquiring mature income - generating boutique office real estate assets in Brazil. ▪ VIF11: Listed REIT that invests in other listed REITs and real estate mortgage - backed credit security bonds. ▪ VIUR11: perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban comm erc ial properties in Brazil, such as street retail, grocery, healthcare, and educational focused real estate properties.