Research Disclosures & Disclaimers

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Porto Seguro (PSSA3.SA)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (R$)	Price Target (R$)	Rating
2022-04-01	20.91	22.00	Neutral
2022-07-22	18.43	21.00	Neutral
2022-11-02	23.41	29.00	Buy
2023-04-25	24.53	30.00	Buy
2023-07-24	28.97	35.00	Buy
2023-10-16	25.95	33.00	Buy
2024-01-25	27.11	32.00	Buy
2024-07-11	29.57	34.00	Buy
2024-08-26	34.00	40.00	Buy
2024-10-28	38.61	46.00	Buy
2025-05-22	48.34	58.00	Buy

Disclosures

Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.