Ideiasnet S A : 2Q23 Quarterly Results

Padtec Holding S.A.

Interim financial statements for the quarter ended June 30, 2023, accompanied by the Review Report on the Quarterly Information

Padtec Holding S.A.

Content

Report on the Review of Quarterly Information (ITR)	2
Financial statements for the Quarter Ended June 30, 2023	4
Management's notes to the financial statements for the
Quarter Ended June 30, 2023	11

Report on the Review of Quarterly Information

To the Shareholders and the Management of

Padtec Holding S.A.

Campinas - SP

Introduction

We have reviewed the individual and consolidated interim financial information of Padtec Holding S.A. ("Company"), contained in the Quarterly Information Form (ITR) for the quarter ended June 30, 2023, which comprises the Balance Sheet as of June 30, 2023 and the respective statements of profit of loss and comprehensive income for the three- and six-month period then ended and changes in equity and cash flows for the six-month period then ended, including the accompanying notes.

The Company's Management is responsible for preparing the individual and consolidated interim financial statements in compliance with Technical Pronouncement CPC 21 (R1) and international standard IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board ("IASB"), as well as for its presentation in a manner consistent with the rules issued by the Brazilian Securities and Exchange Commission ("CVM"), applicable to the preparation of the Quarterly Information (ITR). Our responsibility is to express a conclusion on this interim financial information based on our review.

Scope of the review

We conducted our review in compliance with Brazilian and international standards for the review of interim financial information (NBC TR 2410 - Interim Financial Information Review Performed by the Entity's Auditor and ISRE 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity, respectively). A review of interim information consists of making inquiries, mainly to persons responsible for financial and accounting matters, and applying analytical procedures and other review procedures. The scope of a review is significantly lower than an audit conducted in compliance with audit standards and, accordingly, has not allowed us to obtain assurance that we are aware of all significant matters that could be identified through an audit procedure. Therefore, we do not express an audit opinion.

2

Conclusion on the individual and consolidated interim information

Based on our review, we are not aware of any facts that would lead us to believe that the individual and consolidated interim financial information included in the aforementioned quarterly information was not prepared, in all material respects, in compliance with Technical Pronouncement CPC 21(R1) and International Standard IAS 34, applicable the preparation of Quarterly Information - ITR and presented in a manner consistent with the rules issued by the Brazilian Securities and Exchange Commission (CVM).

Other matters

Statement of value added

The aforementioned quarterly information includes the individual and consolidated statements of value added (SVA) for the six-month period ended June 30, 2023, prepared under the responsibility of the Company's management and presented as supplementary information for the purposes of IAS 34. Such statements were submitted to review procedures carried out together with the review of the quarterly information, in order to determine whether they are reconciled with the interim financial information and accounting records, as applicable, and whether their form and content comply with the criteria defined in Technical Pronouncement CPC 09 - Statement of Value Added. Based on our review, we are not aware of any facts that would lead us to believe that these statements of value added were not prepared, in all material respects, in compliance with the criteria defined in this Standard and in a consistent manner in relation to the individual and consolidated interim financial information taken together.

São Paulo, August 10, 2023.

Fernando Radaich de Medeiros

Accountant CRC 1SP 217.532/O-6

RSM Brasil Auditores Independentes Ltda.

CRC 2SP-030.002/O-7

3

PADTEC HOLDING S.A.

BALANCE SHEETS

AS OF JUNE 30, 2023 AND DECEMBER 31, 2022

(Amounts In thousands of Brazilian reais - R$, unless otherwise indicated)

			Parent		Consolidated
ASSETS	NOTE	06/30/23	12/31/22	06/30/23	12/31/22
CURRENT
Cash and cash equivalents	4		1	60	31,915	49,620
Tradable securities	5		-	-	11,835	3,703
Trade accounts receivable	6		-	-	113,031	134,999
Inventories	7		-	-	119,326	93,435
Taxes recoverable	8		1,753	1,788	32,996	34,330
Financial transactions	17		-	-	39,906	41,125
Other credits	9		92		197		6,958		5,494
TOTAL CURRENT ASSETS			1,846	2,045	355,967	362,706
NON-CURRENT
Trade accounts receivable	6		-	-	16,848	13,267
Restricted financial investments			-	-	698	212
Financial transactions	17		-	-	40,239	36,112
Judicial deposit	22.2		510	567	1,113	1,167
Other credits	9		-		-		141		409
			510		567		59,039		51,167
Investments	11.1		158,577	156,847	-	-
Net PPE	12		-	-	36,476	37,571
Net intangible assets	13		24		24		46,139		45,175
			158,601		156,871		82,615		82,746
TOTAL CURRENT ASSETS			159,111		157,438		141,654		133,913
TOTAL ASSETS			160,957	159,483	497,621	496,619

The accompanying notes are an integral part of these interim financial statements

4