X0202 SCHEDULE 13G 0001556915 XXXXXXXX LIVE Class A common shares, par value US$0.00001 per share 06/30/2026 0001787425 XP Inc. G98239109 20, Genesis Close Grand Cayman, George Town E9 KY-1-1208 Rule 13d-1(b) ARGA Investment Management, LP DE 0.00 18260485.00 0.00 24643382.00 24643382.00 N 5.9 IA Avula Rama Krishna X1 0.00 18260485.00 0.00 24643382.00 24643382.00 N 5.9 HC IN XP Inc. 20, Genesis Close, Grand Cayman, George Town, E9 KY-1-1208 This schedule 13G is being jointly filed by ARGA Investment Management LP (the "Manager"), a limited partnership under the laws of Delaware, and Avula Rama Krishna with respect to the ownership of Class A common shares of the Issuer by the Funds and Separate Managed Accounts (collectively, "Accounts") over which the Manager has investment discretion and/or voting power. The Manager and Avula Rama Krishna are collectively referred to in this Schedule 13G as "Reporting Persons." 1. ARGA Investment Management, LP: 1010 Washington Blvd., 6th Fl., Stamford, CT 06901 2. Avula Rama Krishna: c/o ARGA Investment Management LP, 1010 Washington Blvd., 6th Fl., Stamford, CT 06901 The Manager is a limited partnership organized under the laws of Delaware. Avula Rama Krishna is a citizen of the United States. N IA 1. ARGA Investment Management, LP: 24,643,382 2. Avula Rama Krishna: 24,643,382 1. ARGA Investment Management, LP: 5.9 2. Avula Rama Krishna: 5.9 1. ARGA Investment Management, LP: 0 2. Avula Rama Krishna: 0 1. ARGA Investment Management, LP: 18,260,485 2. Avula Rama Krishna: 18,260,485 1. ARGA Investment Management, LP: 0 2. Avula Rama Krishna: 0 1. ARGA Investment Management, LP: 24,643,382 2. Avula Rama Krishna: 24,643,382 Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. 1. Items 4(a) and 4(b) of Schedule 13G As of June 30, 2026, the Funds and Separate Managed Accounts (collectively, "Accounts") were the legal owner of 24,643,382 class A common shares. Based on there being 416,559,470 outstanding shares, as reported in Bloomberg, the Accounts' holdings represent approximately 5.92% (rounded to 5.9% for purposes of the filing) of the outstanding shares. The Manager serves as investment manager to the Accounts and has voting power over 18,260,485 shares and discretionary authority over 24,643,382 shares representing 5.92% (rounded to 5.9% for purposes of the filing) of outstanding shares. Accordingly, the Manager may be deemed to be the beneficial owner of 5.92% (rounded to 5.9% for purposes of the filing) of the outstanding shares. Avula Rama Krishna owns a significant membership interest in the Manager and as such may be deemed to control shares held by the Manager by virtue of his interest in the Manager. Each of the Reporting Persons disclaims beneficial ownership of the shares of the Issuer held by the Accounts, except to the extent of any pecuniary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities. 2. Item 4(c) of Schedule 13G As of June 30, 2026, each of the Reporting Persons may be deemed to have the power to vote or to direct the voting of 18,260,485 shares and/or to dispose or to direct the disposition of the 24,643,382 shares held by the Accounts. Each of the Reporting Persons disclaims beneficial ownership of the shares of the Issuer held by the Accounts, except to the extent of any pecuniary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities. ARGA Investment Management, LP /s/ Neda Clark 08/13/2026 Avula Rama Krishna /s/ Avula Rama Krishna 08/13/2026