[Form 3/A] XP Inc. Amended Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

XP Inc. director Guilherme Dias Fernandes Benchimol filed an amended ownership report that updates his reported share holdings. The amendment shows indirect ownership of 101,752,469 Class B common shares through XP Control LLC, which are convertible into the same number of Class A common shares. It also reports direct ownership of 30,000 Class A common shares held in the form of Brazilian Depository Receipts. The filing notes that XP Control LLC is controlled by Benchimol and that he disclaims beneficial ownership of the Class B shares except to the extent of his pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Benchimol Guilherme Dias Fernandes

Role Director

Type	Security	Shares	Price	Value
holding	Class B Common Shares	--	--	--
holding	Class A Common Shares	--	--	--

Holdings After Transaction: Class B Common Shares — 101,752,469 shares (Indirect, By XP Control LLC); Class A Common Shares — 30,000 shares (Direct)

Footnotes (1)

1. Reflects Class A common shares held in the form of Brazilian Depository Receipts. The Class B common shares are convertible into Class A common shares in any of the manners set out in the Issuer's Memorandum and Articles of Association, including that each Class B common share will convert automatically into one Class A common share if, at any time, the total number of votes of the issued and outstanding Class B common shares represents less than 10% of the voting share rights of the Issuer. The Class B common shares are held by XP Control LLC ("XP Control"), of which Mr. Benchimol is the controlling unitholder. XP Control holds a repurchase right over certain interests that, if exercised, would result in the delivery of Class B common shares to the holders of such interests. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Benchimol Guilherme Dias Fernandes

(Last) (First) (Middle)

20, GENESIS CLOSE

(Street)

GRAND CAYMAN, GEORGE TOWN KY1-1208

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
XP Inc. [ XP ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares	30,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Shares	(2)	(2)	Class A Common Shares	101,752,469	(2)	I	By XP Control LLC(3)

Explanation of Responses:

1. Reflects Class A common shares held in the form of Brazilian Depository Receipts.

2. The Class B common shares are convertible into Class A common shares in any of the manners set out in the Issuer's Memorandum and Articles of Association, including that each Class B common share will convert automatically into one Class A common share if, at any time, the total number of votes of the issued and outstanding Class B common shares represents less than 10% of the voting share rights of the Issuer.

3. The Class B common shares are held by XP Control LLC ("XP Control"), of which Mr. Benchimol is the controlling unitholder. XP Control holds a repurchase right over certain interests that, if exercised, would result in the delivery of Class B common shares to the holders of such interests. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

	/s/ Guilherme Dias Fernandes Benchimol	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)