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SÃO PAULO, Brazil, Oct. 01, 2021 (GLOBE NEWSWIRE) — XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the resolutions as set out in its Notice of Annual General Meeting dated October 1, 2021 were duly passed at its Annual General Meeting held today. As a result, in connection with the consummation of the Merger, XPart was merged into XP and XPart ceased to exist, providing XPart’s stockholders the opportunity to hold direct interest in XP, by holding either Class A Shares issued by XP (Itaúsa, IUPAR, and holders of Itaú Unibanco’s ADRs) or BDRs issued by XP (other XPart’s stockholders). The Brazilian Depositary Receipts (BDRs) of XP Inc. are expected to start trading at B3 as of October 4, 2021. Additional information regarding the merger can be found at www.xpartsa.com.br.
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