SÃO PAULO–(BUSINESS WIRE)–XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 4Q22 KPIs. The Portuguese version of this release can be accessed in the Press Release section on the IR website. Additional KPI details and historical data can be found in our financial spreadsheet. Investments Client Assets (in R$ billion) Client Assets totaled R$946 billion as of December 31, up 16% YoY and 2% QoQ. Year-over-year growth was driven by R$155 billion net inflows and R$24 billion of market depreciation. Net Inflow XP Total Net Inflow was R$155 billion in 2022, or R$12.9 billion per month, despite a tough year, with interest rates in Brazil increasing by 450bps, reaching 13.75% at year end. In 4Q22, Net Inflow was R$31 billion, down 11% QoQ and 36% YoY. Retail Net Inflow was R$29 billion, or R$9.6 billion per month, down 11% QoQ.