Patria Investments Limited (NASDAQ:PAX) Q3 2023 Earnings Conference Call November 7, 2023 9:30 AM ET Company Participants Josh Wood - Head of Shareholder Relations Alexandre Saigh - Chief Executive Officer Marco D’Ippolito - Chief Corporate Development Officer Ana Russo - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Ricardo Buchpiguel - BTG Pactual Pedro Leduc - Itau BBA Beatriz Abreu - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to th ...

Exhibit 99.1 Patria Investments Limited Condensed Consolidated Statement of Financial Position As of June 30, 2023 and December 31, 2022 (In thousands of United States dollars – US$) | Assets | Note | 6/30/2023 | 12/31/2022 Liabilities and equity | Note | 6/30/2023 | 12/31/2022 | | --- | --- | --- | --- | --- | --- | --- | | Cash and cash equivalents | 6 | 22,350 | 26,519 Client funds payable | 7 | 19,115 | 23,639 | | Short term investments | 12(a) | | Consideration payable on 285,855 | 20(b) | 44,860 | 33, ...

One more for our next question. And our next question comes from William Barranjard with Itau BBA. Yes. Hi, William. Thanks. Thanks for your question, thanks for participating. Yeah. I think the way that these drawdown funds works is that you do the first close of the fund. And then as you raise money after the first close the fees are retroactive to the first close. So contrary to the liquid strategies as we talked here with Ricardo, when someone invests subscribes quotas for a liquid fund strategy the day ...

See notes and definitions at end of document. Totals may not add due to rounding. ▪ LTM growth was driven by capital inflows of $3.3 billion together with positive valuation and currency impact of $2.6 billion, partially offset by outflows of $(3.9) billion which included strong divestment activity in our flagship funds (1) Partnership with Bancolombia announced on 5-Jul-23 and expected to close in 3Q23 See notes and definitions at end of document. Totals may not add due to rounding. Total - 635 131 214 980 ...

Patria Investments Limited (NASDAQ:PAX) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Josh Wood - Head of Shareholder Relations Alex Saigh - Chief Executive Officer Ana Russo - Chief Financial Officer Marco D’Ippolito - Chief Corporate Development Officer Conference Call Participants Tito Labarta - Goldman Sachs Craig Siegenthaler - BofA Securities William Barranjard - Itau BBA Domingos Falavina - JPMorgan Michael Brown - Keefe, Bruyette, & Woods, Inc. Operator Good day, and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ Date of event requiring this shell company report _______________ FORM 20-F _________________________ (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15( ...

Exhibit 99.1 Patria Investments Limited The accompanying notes are integral parts of these condensed consolidated interim financial statements. Patria Investments Limited Condensed Consolidated Income Statement For the nine and three-month periods ended September 30, 2022 and 2021 (In thousands of United States dollars - US$, except earnings per share) | | | Unaudited three-month | | Unaudited nine-month periods | | | --- | --- | --- | --- | --- | --- | | | | periods ended September 30, | | ended September ...

Disclaimer This presentation does not constitute an offer of any Patria Fund. We prepared this presentation solely for informational purposes. The information in this presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any of our securities or securities of our portfolio companies, nor should it or any part of it form the basis of, or be relied on in connection with any contract to purchase or subscribe f ...

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 ...