John Davis

Cristopher Kennedy

James Friedman

Christopher Svensson

Nate Svensson

Vasundhara Govil

James Faucette

Jamie Friedman

- **Evertec's Brazilian subsidiary, Sinqia S.A., identified unauthorized activity in its Pix real-time payment system environment on August 29, 2025**.  **[1559865_0001559865-25-000043_evtc-20250829.htm:1]** 
- The incident involved approximately **R$710 million** in unauthorized Business-to-Business transactions affecting two financial institution customers.  **[1559865_0001559865-25-000043_evtc-20250829.htm:1]** 
- Sinqia has **halted transaction processing** in its Pix environment and is awaiting approval from the Brazilian Central Bank to resume operations.  **[1559865_0001559865-25-000043_evtc-20250829.htm:1]** 
- The unauthorized activity exploited **legitimate Sinqia IT vendors' credentials**, which have since been terminated.  **[1559865_0001559865-25-000043_evtc-20250829.htm:1]** 
- The financial and reputational impact of the incident is not yet known but **could be material**.  **[1559865_0001559865-25-000043_evtc-20250829.htm:1]**

EVERTEC (EVTC)