Stone: Supporting MSMEs in the Brazilian Amazonia Region

in implementation

The proposed transaction is a financing of up to US$50 million under whichStone Instituição de Pagamentos S.A. (“Stone”)would provide credit to Micro, Small and Medium-Sized Enterprises (“MSMEs”) for working capital purposes with a focus on the Legal Amazon region, with the potential to target businesses led by women and underserved minorities.Stone grants credit based on the history of transactions processed by such companies, in addition to other information such as debt, financial leverage, and the historical performance of MSMEs and automatically collects reimbursements from their credit card flows using receivables originated from such companies' transactions as collateral for the loans granted.Stone is the leading provider of payment technology solutions for merchants and integrated partners to conduct their business through e-commerce, in-person, online and mobile channels in Brazil, in addition to offering a full range of software solutions and banking services to its customers.