Financial Data and Key Metrics Changes - Patria generated fee-related earnings of $35.3 million in Q4 2022, up 20% compared to Q4 2021, and $130 million for the full year 2022, up 51% from 2021, achieving the annual growth target of 50% [30][13][9] - Distributable earnings were $53.3 million or $0.36 per share for Q4 2022, compared to $27.7 million or $0.19 per share in Q4 2021, with full year distributable earnings of $147 million equating to $1 per share [38][9] - Total AUM reached $27.2 billion, up 14% year-over-year, driven by $4.5 billion of organic and inorganic inflows [40] Business Line Data and Key Metrics Changes - In private equity, AUM increased by 21% year-over-year, with flagship funds generating net IRR of 21% and 15% respectively [25] - Infrastructure AUM grew by 15%, primarily due to strong portfolio appreciation, with Fund III achieving a net IRR of 13% [28][40] - Real estate AUM increased by nearly $1 billion through the acquisition of VBI, with VBI generating over $20 million of inflows in Q4 [34][40] Market Data and Key Metrics Changes - Latin America saw a large trade surplus of $62 billion and robust foreign direct investment of $90 billion, approximately 4.8% of Brazil's GDP [21] - The region's exchange rates generally strengthened in 2022, while equities outperformed peers in emerging markets [21] - Despite challenges, the macro outlook for Latin America in 2023 is positive, with expectations of larger capital flows [23] Company Strategy and Development Direction - Patria aims to grow AUM to $50 billion and fee-earning AUM to $35 billion by the end of 2025, targeting $20 billion of total new capital formation from 2022 through 2025 [17] - The company plans to continue expanding through M&A, having made several acquisitions in 2022, including Kamaroopin and VBI [16] - Patria is focusing on diversifying its product offerings, particularly in infrastructure and real estate, to capture growth opportunities [34][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a target of $150 million in fee-related earnings for 2023, with expectations of ramping revenue throughout the year [44] - The company anticipates meaningful contributions from new drawdown fund products and aims for $5 billion to $6 billion of organic inflows in 2023 [19][50] - Management highlighted the resilience of their business model amid global economic challenges and emphasized the importance of attracting top talent [24][49] Other Important Information - Operating expenses increased by 61% year-over-year, primarily due to the addition of Moneda and VBI [36] - The company declared a quarterly dividend of $0.308 per share, payable on March 22, 2023 [9] - Net accrued performance fees stood at $462 million, up 33% from the previous year, with expectations of realizing a significant portion by the end of 2025 [45] Q&A Session Summary Question: What are the main drivers for the targeted $5 billion to $6 billion inflows for 2023? - Management indicated that infrastructure and credit-related products are easier to fundraise, while equity-related products are more challenging due to the current interest rate environment [53][56] Question: Can you provide more detail on the infrastructure strategies and how they differ from global peers? - Patria differentiates itself by taking on development risk, focusing on creating value through the development of assets rather than purchasing mature assets [58][59] Question: How much of the expected FRE growth for 2023 is organic versus inorganic? - Management did not provide a specific breakdown but noted that the $5 billion to $6 billion target is based on organic growth, with previous inorganic growth contributing to overall AUM [75] Question: What is the outlook for the real estate segment in 2023? - Management expressed optimism about the real estate segment, particularly in Brazil, Chile, and Colombia, highlighting opportunities for consolidation and growth in the REIT market [77]

Patria Investments Limited (NASDAQ:PAX) Q3 2022 Results Conference Call November 3, 2022 10:30 AM ET Company Participants Josh Wood - Head of Shareholder Relations Alex Saigh - Chief Executive Officer Marco DÂ'Ippolito - Chief Financial Officer Ana Russo - Incoming Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Ricardo Buchpiguel - BTG Pactual Tito Labarta - Goldman Sachs William Barranjard - Itaú BBA Operator Hello. Thank you for standing by and welcome to the Pat ...

Exhibit 99.1 Patria Investments Limited Condensed Consolidated Statement of Financial Position As of March 31, 2022 and December 31, 2021 (In thousands of United States dollars – US$) | | | Unaudited | | | Unaudited | | | --- | --- | --- | --- | --- | --- | --- | | Assets | | Note 3/31/2022 | 12/31/2021 Liabilities and equity | Note 3/31/2022 | | 12/31/2021 | | Cash and cash equivalents | 6 | 12,914 | 15,264 Client funds payable | 7 | 82,036 | 78,163 | | Short-term investments | 12(a) | 135,976 | 151,866 Co ...

Financial Data and Key Metrics Changes - Patria generated fee-related earnings of $31.1 million in Q2 2022, up 76% compared to Q2 2021, driven by organic growth in private equity and infrastructure as well as the addition of Moneda [31] - Distributable earnings were $29.2 million in Q2 2022, compared to $74.2 million in Q2 2021, with the difference attributed to performance-related earnings in the prior year [37] - Total assets under management (AUM) were $26.3 billion at June 30, 2022, down from $27.6 billion last quarter but up 66% from $15.8 billion one year ago [40] Business Line Data and Key Metrics Changes - Fee revenues of $55.6 million in Q2 2022 were up 73% from Q2 2021, with year-to-date fee revenues of $110.6 million up 76% from the prior year [32] - The private equity funds delivered strong net internal rates of return (IRRs) at 24% and 16% respectively in US dollars [14] - Infrastructure Fund IV neared the end of its investing cycle, with the acquisition of nine hydropower assets driving incremental deployment of approximately $200 million [15] Market Data and Key Metrics Changes - The Brazilian REIT market has grown at more than 20% over the last five years, with VBI becoming one of the largest independent players in this asset class [11] - Latin American corporates face low refinancing risks with reasonable liquidity and falling leverage, indicating a stable credit environment [20] Company Strategy and Development Direction - The company aims to grow fee-related earnings by at least 50% year-over-year, with a target of $4 billion in fundraising for 2022 [44][41] - Patria is focused on building its base of permanent capital, which has grown to more than $1 billion, representing 6% of total fee-earning AUM [9] - The acquisition of VBI is a strategic move to anchor the real estate platform in Brazil and expand into other Latin American countries [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fundraising process despite challenges in the US market, highlighting Latin America's advantages due to low geopolitical risks and a favorable commodity cycle [50][53] - The company remains optimistic about the alternative asset management industry, emphasizing resilience and growth potential in the current environment [24] Other Important Information - The company declared a quarterly dividend of $0.1609 per share, payable on September 16, 2022 [5] - The net accrued performance fees stood at $419 million at June 30, 2022, down from $503 million last quarter but up 28% from one year ago [39] Q&A Session Summary Question: Update on fundraising and impact of market conditions - Management remains positive on fundraising, noting that Latin America is currently favored by investors due to low geopolitical risks and a favorable commodity cycle [50][53] Question: Scaling of VBI acquisition and impact of high interest rates - Management is optimistic about the VBI acquisition, indicating that the permanent capital business is growing and can scale effectively despite high interest rates [71][75] Question: Credit performance and net outflows - Management clarified that the net outflows in the credit segment were influenced by dividend payments and investor shifts between funds, with overall positive net inflows for the year [81][86] Question: Demand for products and AUM evolution - Management noted that inflation-protected and credit products are currently in high demand, with expectations for continued growth in AUM driven by various fundraising efforts [90][98]

| --- | --- | --- | --- | --- | |-----------|--------|-----------------------------------------------|-------|----------| | | | | | | | São Paulo | Bogotá | Montevideo | | Santiago | | | | | | | | | | | | | | | | | | | | | | Second Quarter 2022 Earnings AUGUST 9, 2022 | | | Disclaimer This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these f ...

Financial Data and Key Metrics Changes - Patria generated fee related earnings of $32 million in Q1 2022, up 85% compared to Q1 2021, and distributable earnings of $35 million, or $0.24 per share, up 90% year-over-year [6][14] - Total AUM increased by 96% year-over-year to approximately $27.5 billion, with fee earning AUM up 136% to approximately $19 billion [6][16] - The FRE margin for Q1 2022 was 58%, slightly higher than the guidance for the year, which is expected to be in the low to mid-50s range [14] Business Line Data and Key Metrics Changes - In private equity, AUM inflows exceeded $1 billion, driven by the first closing of over $800 million for the new flagship fund and a SPAC listing that raised $230 million [11][12] - Infrastructure Fund III is generating a two times multiple and 13% net IRR, while Infrastructure Fund IV is generating a 1.7x multiple and 37% net IRR [12] - Credit AUM increased by 7% in the quarter, with Moneda's flagship credit strategies outperforming benchmarks significantly [13] Market Data and Key Metrics Changes - Latin American economies are net exporters of commodities, benefiting from high demand and resulting in stronger foreign investment inflows [9] - The S&P Goldman Sachs commodity price index was up 34% in US dollars year-to-date to the end of April, while the MSCI stock market index for Latin America rose by 9% [9] - The broader global MSCI index was down by 13.5% during the same period, highlighting the relative strength of Latin American markets [9] Company Strategy and Development Direction - The company aims to build a reputation as a trusted long-term investor, focusing on investment performance as the core of its business [20] - Key areas of focus include executing on FRE guidance, fundraising for new products, divestment progress, and platform expansion through M&A [20][21] - The company is well-positioned to capitalize on the favorable investment climate in Latin America, particularly in light of geopolitical risks elsewhere [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, citing strong fundraising activity and a favorable macroeconomic environment in Latin America [8][20] - The company anticipates raising more than $4 billion organically in 2022, with significant inflows already achieved in Q1 [7][20] - Management noted that the geopolitical landscape has made Latin America an attractive investment destination, with lower leverage and fiscal deficits compared to advanced nations [9][20] Other Important Information - The company declared a quarterly dividend of $0.20 per share, payable on June 16, 2022 [4] - The net accrued performance fee balance reached a record high of $503 million, up 45% from the previous quarter [8][16] Q&A Session Summary Question: Fundraising activity and its impact - The CEO confirmed that fundraising for Private Equity VII is on track, with the first close aligning with expectations and a favorable market for Latin America [25][26] Question: Divestment opportunities in the current M&A environment - Management indicated that the active M&A environment facilitates divestments, with over 15 companies currently in the sale process [30] Question: Capital deployment outlook - The company maintains a $2 billion deployment guideline for the year, focusing on sectors like agribusiness, healthcare, logistics, and food [34][38] Question: Update on Infrastructure V and growth equity strategy - Management reported strong interest in Infrastructure V fundraising, with several divestments planned to enhance returns [45][47]

| --- | --- | --- | --- | --- | |-----------|--------|--------------------------------------------|----------|-------| | | | | | | | São Paulo | Bogotá | Montevideo | Santiago | | | | | | | | | | | | | | | | | | | | | | | First Quarter 2022 Earnings MAY 10, 2022 | | | Disclaimer This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

| --- | --- | --- | --- | --- | |-----------|--------|---------------------------------------------------------------------|-------|----------| | | | | | | | São Paulo | Bogotá | Montevideo | | Santiago | | | | | | | | | | | | | | | | | | | | | | Patria Investments (Nasdaq:PAX) Investor Presentation FEBRUARY 2022 | | | Disclaimer This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act ...

Call Start: 09:00 January 1, 0000 10:15 AM ET Patria Investment Limited (NASDAQ:PAX) Q4 2021 Earnings Conference Call February 15, 2022, 9:00 AM ET Company Participants Alex Saigh – Chief Executive Officer Marco D'Ippolito – Chief Financial Officer Josh Wood – Head of Shareholder Relations Luis Fernando Lopes – Partner and Chief Economist Conference Call Participants Robert Lee – Keefe, Bruyette & Woods Craig Siegenthaler – Bank of America Tito Labarta – Goldman Sachs Marcelo Telles – Credit Suisse Riccardo ...