Vasta Platform Limited (NASDAQ:VSTA) Q4 2021 Earnings Conference Call March 24, 2022 5:00 PM ET Company Participants Bruno Giardino - CFO Mário Ghio - CEO Guilherme Mélega - COO Conference Call Participants Vitor Tomita - Goldman Sachs Marcelo Santos - JPMorgan Vinicius Figueiredo - Itau Andres Coello - Scotiabank Operator Good day and thank you for standing by and welcome to the Vasta Platform Fourth Quarter 2021 Conference Call. At this time, all participants are in a listen-only mode. After the speakers' ...

INDEX 4Q21 Earnings Presentation March 2022 ＰＬＡＴＦＯＲＭ DISCLAIMER 2 This presentation contains forward-looking statements that can be identified by the use of forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. Forward-looking statements appear in a number of places in this presentation and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are b ...

Exhibit 99.1 São Paulo, March 24, 2022 – Vasta Platform Limited (NASDAQ: VSTA) – "Vasta" or the "Company," announces today its financial and operating results for the fourth quarter of 2021 (4Q21) ended December 31, 2021. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (IFRS). HIGHLIGHTS The Annual Contract Value (ACV) for the 2022 school year totaled R$1,000 million, which represents growth of 35% over the subscription reve ...

Vasta Platform Limited (NASDAQ:VSTA) Q3 2021 Earnings Conference Call November 11, 2021 5:00 PM ET Company Participants Bruno Giardino - Investor Relations Mario Ghio - Chief Executive Officer Guilherme Melega - Chief Operating Officer Conference Call Participants Vitor Tomita - Goldman Sachs Vinicius Figueiredo - Itau Andres Coello - Scotiabank Operator Ladies and gentlemen, thank you for standing by and welcome to the Vasta Platform Third Quarter '21 Conference Call. [Operator Instructions] I would now li ...

Vasta Platform Limited (NASDAQ:VSTA) Q2 2021 Earnings Conference Call August 13, 2021 11:00 AM ET Company Participants Bruno Giardino - CFO Mario Ghio - CEO Guilherme Melega - COO Conference Call Participants Andres Coello - Scotiabank Operator Good day, ladies and gentlemen, and welcome to the Vasta Platform Second Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [ ...

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, 2020 OR Commission file number: 001-39415 (Exact name of Registrant as specified in its charter) Not applicable (Translation of Registrant's name into English) Cayman Islands (Jurisdiction of i ...

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Financial Data and Key Metrics Changes - The annual contract value (ACV) for the 2021 commercial year totaled BRL 850 million, a 23% increase compared to the subscription revenues recognized in the 2020 commercial year, achieved exclusively through organic growth [7] - The accumulated revenue for the whole year reached BRL 998 million, a slight increase of 1% compared to the previous year, with a gross profit of approximately BRL 620 million, reflecting a 14% increase compared to 2019 [12] - Adjusted EBITDA for the year was BRL 296 million, a robust 17% growth compared to 2019, with an adjusted EBITDA margin improvement of 4 percentage points, moving from 26% in 2019 to 30% in 2020 [12][13] Business Line Data and Key Metrics Changes - Subscription products, which include educational solutions with recurring revenue, accounted for 83% of total revenue during the fourth quarter, showing a 31% growth over the same period in 2019 [15] - Revenue from non-subscription business decreased by 59% compared to the same period last year, leading to a total net revenue decrease of 5.3% compared to Q4 2019 [16] - Traditional learning systems experienced close to 60% revenue growth in the quarter, while complementary solutions saw a 65% annual increase in the number of deals closed in the ACV for 2021 [18][8] Market Data and Key Metrics Changes - The second wave of COVID-19 in Brazil has negatively impacted textbook sales and enrollment processes, with 2.5% of students in private schools migrating to public schools, a trend expected to continue [9] - The company noted that the worst impacts of the pandemic on its business were expected to be behind by the second semester of 2021, anticipating a return to more traditional education [42] Company Strategy and Development Direction - The company aims to increase its student base both organically and through acquisitions, with a focus on enhancing the penetration of complementary solutions and leveraging new technologies for digital transformation [23] - Recent acquisitions, including the level learning system, are expected to provide scale gains and operational synergies, adding over 177,000 students to the company's base [29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of the education sector, expecting a return to normalcy in the second semester of 2021, with the worst impacts of the pandemic behind [42] - The company is actively analyzing options to address concerns regarding stock price and liquidity, indicating a proactive approach to investor relations [43] Other Important Information - The company reported a free cash flow of almost BRL 134 million during 2020, with an adjusted EBITDA-to-cash conversion of 45.2% [13] - The company highlighted the importance of digital solutions and platforms, such as the Plurall Store, which offers affordable digital content to families [41][31] Q&A Session Summary Question: Opportunity for complementary solutions and growth expectations - Management noted that the development of 100% digital solutions, like the Plurall Store, has been crucial for ACV building, and they expect schools and families to return to a more traditional education model in the second semester [40][42] Question: Concerns about stock price and liquidity - Management acknowledged concerns regarding stock price and liquidity, stating they are analyzing solutions to address these issues [43] Question: Inclusion of Mind Makers in ACV guidance and details on receivables - Mind Makers is included in the ACV as it was acquired in January last year, and the ACV accounts for potential cancellations from COVID-19 [45][47] - Receivables increased by 37 days compared to Q4 2019, attributed to renegotiations with customers during the pandemic [50]