Analyst Coverage

Robert Otero
Bank of America Merrill Lynch
Diego Aragao
Goldman Sachs
Susana Salaru
Itau BBA
Javier Martinez de Olcoz Cerdan
Morgan Stanley
Maria Tereza Azevedo
UBS

Arco Platform Ltd. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Arco Platform Ltd.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Arco Platform Ltd. or its management. Arco Platform Ltd. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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