REGULATORY APPROVAL · 06/10/2025

SUSEP approves Pablo Marçal's acquisition of a qualifying holding in LTI Seguros

We advised LTI Seguros and Loovi at every stage of the transaction: preparing to receive the investment, structuring the capital contribution and obtaining regulatory approvals.

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SUSEP approves Pablo Marçal's acquisition of a qualifying holding in LTI Seguros

We advised LTI Seguros and Loovi at every stage of the transaction: preparing to receive the investment, structuring the capital contribution and obtaining regulatory approvals.

Susep approved the transaction through DIORE/SUSEP Ordinance No. 83, published in the Federal Official Gazette on October 3, 2025, confirming that the shareholding control and management of LTI Seguros remain with Quézide Cunha.

LTI Seguros is part of SUSEP's regulatory sandbox and has established itself as one of the country's most innovative insurtechs and a benchmark for technological and regulatory solutions in the insurance market.

Completing the transaction reinforces PSNA's commitment to regulatory integrity and legal certainty in the sector's transactions.

Special thanks to Quézide Cunha, Eudes Meira and Bárbara Mol for their partnership and trust throughout the process.

PSNA team: Roberto Panucci and Marcelo De Callis.

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