Vinci Compass Investments Agrees To Acquire Reinsurance Platform Austral Resseguradora For R$336M

Vinci Compass Investments Ltd. (NASDAQ: VINP) ("Vinci Compass," "the Firm," "we," "us," or "our"), the controlling company of a leading alternative investments and global solutions provider in Latin America, announced today an agreement (the "Transaction") to acquire 100% of Austral Resseguradora ("AustralRe," or "the Company"), one of the leading independent reinsurance platforms in Latin America. Upon closing of the Transaction ("Closing"), AustralRe will anchor Vinci Permanent Capital Solutions ("VPCS"), a new business vertical designed to combine AustralRe's reinsurance franchise with a permanent capital base that supports Vinci Compass' long-term growth across the region.

The Transaction was priced at 1.0x Tangible Book Value, with a total consideration estimated at R$336 million, following pre-closing capital distributions and extraordinary dividends, estimated to be composed of approximately R$247 million in cash and 1.7 million in new VINP Class A common stock. The final cash/stock mix may vary depending on the preferences of some minority shareholders, who may choose to receive their consideration in cash or VINP Class A common stock.