SCHEDULE 13G/A 0000899140-25-000335 0001577806 XXXXXXXX LIVE 4 Class A Common Shares 09/30/2025 0001864163 Inter & Co, Inc. G4R20B107 Avenida Barbacena, No. 1.219 22nd floor Belo Horizonte D5 30 190-131 Rule 13d-1(b) SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. D5 0 21099531 0 24445740 24445740 N 7.6 IA SQUADRA INVESTIMENTOS D5 0 21099531 0 24445740 24445740 N 7.6 FI GUILHERME MEXIAS ACHE D5 0 21099531 0 24445740 24445740 N 7.6 IN Inter & Co, Inc. Avenida Barbacena, No. 1.219, 22nd floor, Belo Horizonte, Brazil, 30 190-131 SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA (the "US Investment Manager"); SQUADRA INVESTIMENTOS - GESTAO DE RECURSOS LTDA (the "Brazil Investment Manager"); Mr. GUILHERME MEXIAS ACHE ("Mr. Ache" and collectively, the "Reporting Persons") The address of the business office of each of the Reporting Persons is Av Borges de Medeiros 633/704 Leblon Rio de Janeiro RJ 22430-041 Brazil Brazil N FI IA HC Investment adviser registered with the Securities and Exchange Commission of Brazil The percentages used herein and in the rest of this Schedule 13G/A are calculated based upon the number shares of Common Stock issued and outstanding as of September 7, 2025 as reflected on the Issuer's publicly accessible website and reflect the ownership of the Reporting Persons as of September 30, 2025. Reporting Persons do not directly own any Common Stock. Pursuant to investment agreements with the certain investment funds and managed accounts (collectively, the "Funds"), the US Investment Manager and the Brazil Investment Manager (together the "Investment Managers") maintain voting and dispositive power with respect to the securities held by the Funds. Mr. Ache controls the Investment Managers. Under the rules promulgated by the Securities and Exchange Commission, the Reporting Persons may be deemed to beneficially own the Common Stock. Each Reporting Person hereby disclaims beneficial ownership of the securities covered by this statement. The information required by Item 4(a) is set forth in Rows 5-11 of the cover page for each Reporting Person hereto. The information required by Item 4(b) is set forth in Rows 5-11 of the cover page for each Reporting Person hereto. 0 See cover page 0 See cover page Y N The business of Investment Managers is the rendering of financial services and as such they provides discretionary investment advisory services to each of the Funds. In such capacity, the Investment Managers have the power to make decisions regarding the voting and disposition of the Common Stock. Under the rules promulgated by the Securities and Exchange Commission, the Investment Managers and their control person Mr. Ache may be considered beneficial owners of securities acquired by the Funds. The Reporting Persons have the right to receive the proceeds from the sale of, or the power to direct the receipt of distributions from, the Common Stock reported in this Schedule 13G/A. 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. SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. /s/ LUIS FELIPE STERN 11/13/2025 SQUADRA INVESTIMENTOS /s/ LUIS FELIPE STERN 11/13/2025 GUILHERME MEXIAS ACHE /s/ GUILHERME MEXIAS ACHE 11/13/2025