Results Presentation

2Q21

Highlights

Consolidated Net Revenue growth of 57.1% in 2Q21

Net Revenue for the 1st half 2021 is already approximately the same revenue as that for the whole year of

2019

Growth of 159.3% in the revenue of the Commerce segment, even on a stronger comparative basis

Subscription Revenue: +204.7% vs 2Q20

Ecosystem Revenue: +134.0% vs 2Q20

Commerce Net Revenue for the 1st half 2021 is already higher than the revenue for the whole year of 2020

Commerce segment EBITDA has been growing strongly and already accounts for 56% of consolidated EBITDA

Even with the reopening of the economy, we maintained a strong pace of new stores additions:

Expansion of customer acquisition channels Increased investment in Marketing

Strengthening of commercial teams Processes improvement

Increase of 32.7% in the client's base between Dec/20 and Jun/21

Growth of 40.7% in the addition of new stores vs 4Q20

2

Highlights

Strong TPV growth in payment transactions (+88.6% vs 2Q20)

With the acquisition of Bling, our Commerce segment has reached approximately 100,000 active paying subscriptions

All the acquired companies presented excellent performance in 2Q21 and an acceleration in relation to their performance prior to the acquisition

Significant advances on the agenda of Acquisitions: Bagy and Octadesk

Excellent performance also in BeOnline/SaaS:

Increased sales volumes 2Q21 vs 2Q20

Increased SaaS share in the segment

Gains in productivity across the entire operation:

Churn reduction

Excellence in customer service

3

Accelerated growth in the Commerce segment

Commerce Net Revenue

R$ M

84.8

49.2

32.7

19.3

21.0

35.6

10.0

9.3

11.7

2Q19

2Q20

2Q21

Subscription Revenue

Ecossystem Revenue

Strong growth is the result of the substantial increase in the two revenue sources of the Commerce segment:

Platform Subscription Revenue (+204.7%) and Ecosystem Revenue (+134.0%)

4

Robust evolution of Commerce sales and customer base

We continue to increase our marketing efforts, with sustainable growth in the volume of new store additions

Addition of new stores

2Q21 vs 4Q20: +40.7%

E-commerce Platform

Strong subscriber base expansion

3.2x

2.4x

1.2x

1.0x

jan/19

dec/19

dec/20

jun/21

5

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Locaweb Serviços de Internet SA published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2021 15:31:08 UTC.