# EDGAR Filing Document

**Accession Number:** 0001868995
**File Stem:** 0001292814-25-003055
**Filing Date:** 2025-8
**Character Count:** 93418
**Document Hash:** 9003f62c7de8dde012be74728179c5e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-25-003055.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001292814-25-003055

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CI&T Inc
- **CENTRAL INDEX KEY:** 0001868995
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41035
- **FILM NUMBER:** 251211769

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 309
- **CITY:** UGLAND HOUSE - GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1104
- **BUSINESS PHONE:** 55 (19) 21023859

**MAIL ADDRESS:**
- **STREET 1:** ESTRADA GUISEPPINA VIANELLI DE NAPOLI,
- **STREET 2:** 1455 - BL. C, GLOBALTECH
- **CITY:** CAMPINAS
- **STATE:** D5
- **ZIP:** 13086-530

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

&nbsp;&nbsp; **Form 6-K**<br>

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13A-16 OR 15D-16**

**UNDERTHE SECURITIES EXCHANGE ACT OF 1934**

For the month of August 2025

Commission File Number: 001-41035

**CI&T INC**

(Translation of registrant's name into English)

**Estrada Guiseppina Vianelli De Napoli, 1455 – C,** 

**Globaltech 13.100-000 - Brazil**

**Campinas-State of São Paulo**

**+55 19 21024500**

(Address of principal executive office)

------

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

**CI&T Inc**

**TABLE OF CONTENTS**

**<u>ITEM</u>**

1. [2Q25 Earnings Release](#a_010)

2. [Unaudited condensed consolidated interim financial information for the six-month period ended June 30, 2025](#a_011)

**CI&T Reports 12.3% Organic Revenue Growth at Constant Currency in 2Q25 Results**

**New York -** **August 13, 2025 - CI&T (NYSE: CINT, "Company")**, a global technology transformation specialist and fast-growing public company, today announces its results for the second quarter of 2025 (2Q25) in accordance with International Financial Reporting Standards (IFRS® Accounting Standards), as issued by the IASB. For comparison purposes, we refer to the results for the second quarter of 2024 (2Q24). The numbers are presented in U.S. dollars.

**Second quarter of 2025 (2Q25) highlights** 

● Revenue of US$117.2 million, an 8.0% increase compared to US$108.5 million in 2Q24.

● Revenue growth at constant currency was 12.3% compared to 2Q24.

● Profit increased by 4.6%, reaching US$9.7 million in 2Q25, up from US$9.3 million in 2Q24.

● Adjusted EBITDA increased by 3.1% to US$21.5 million in 2Q25 compared to US$20.9 million in 2Q24. The Adjusted EBITDA margin was 18.4% in 2Q25.

● Adjusted Profit was US$12.2 million in 2Q25 compared to US$12.5 million in 2Q24. The Adjusted Profit margin was 10.4% in 2Q25.

● Diluted earnings per share (EPS) were US$0.07 and adjusted diluted EPS were US$0.09.

● CI&T ended 2Q25 with 7,627 employees, a 22.3% increase compared to 2Q24.

Cesar Gon, founder and CEO of CI&T, commented, "CI&T delivered another quarter of strong, predictable results, reflecting the strength of our strategy to unite technology and business for measurable impact. Through our AI-powered CI&T FLOW platform, we are not only driving hyper-efficiency but also helping our clients capture new growth opportunities in an AI-driven world. This consistent performance and the resilience of our business model give us the confidence to raise our full-year revenue growth guidance as we continue leading global brands through their most critical technology transformations."

**Comments on the 2Q25 financial performance**

Revenue reached US$117.2 million in 2Q25, an 8.0% increase from US$108.5 million in 2Q24, or a 12.3% growth at constant currency. In 2Q25, revenue among our top 10 clients grew 11.7% compared to the same period in 2024.

The cost of services provided was US$79.5 million in 2Q25, a 12.1% increase from 2Q24, mainly explained by the additional headcount. Gross profit was US$37.7 million, a 0.2% increase compared to 2Q24. Adjusted gross profit reached US$40.1 million, stable compared to 2Q24. The adjusted gross profit margin was 34.2% in 2Q25.

Selling, general and administrative (SG&A) and other operating expenses totaled US$22.2 million in 2Q25, a 2.6% reduction compared to 2Q24, primarily driven by non-recurring acquisition-related expenses in 2024.

Adjusted EBITDA reached US$21.5 million in 2Q25, a 3.1% increase from US$20.9 million in 2Q24. In 2Q25, the adjusted EBITDA margin was 18.4%.

<br> w w w. c i a n d t . c o m 1

Net finance costs totaled US$1.0 million in 2Q25, reflecting a 54.3% decrease compared to 2Q24. This reduction was primarily driven by lower interest expenses and higher income from financial investments. Income tax expense was US$4.7 million in 2Q25, an increase of 44.2% compared to 2Q24, equivalent to an effective tax rate of 33%.

Profit was US$9.7 million in 2Q25, up 4.6% from 2Q24. Adjusted profit was US$12.2 million, a decrease of 2.4% compared to 2Q24. The adjusted profit margin was 10.4%. In 2Q25, diluted EPS was US$0.07 and adjusted diluted EPS was US$0.09, both stable compared to 2Q24. Cash generated from operating activities was US$33.7 million in 6M25.

**Business Outlook**

In the third quarter of 2025, we expect our reported revenue to be at least US$124.4 million, equivalent to a 10.5% increase year-over-year on a constant currency basis. This reflects a 10.8% growth in U.S. dollars on a reported basis, compared to US$112.2 million in 3Q24. This estimate assumes an average FX rate of 5.51 BRL/USD in 3Q25, compared to 5.55 BRL/USD in 3Q24.

For the full year of 2025, we are increasing our guidance. We expect our revenue growth at constant currency to be in the range of 10.5% to 15.0% year-over-year. In addition, we estimate our Adjusted EBITDA margin to be in the range of 18% to 20%.

These expectations are forward-looking statements, and actual results may differ materially. See "Cautionary Statement on Forward-Looking Statements" below.

**Conference Call Information**<br> Cesar Gon (Founder and CEO), Bruno Guicardi (Founder and President for North America and Europe), Stanley Rodrigues (CFO), and Eduardo Galvão (Director of Investor Relations) will host a video conference call to discuss the 2Q25 financial and operating results on August 13, at 4:30 PM Eastern Time / 5:30 PM BRT. The earnings call can be accessed on the Company's Investor Relations website at https://investors.ciandt.com or at the following link: https://www.youtube.com/live/HYDwjT4Za2c.

**About CI&T**

CI&T (NYSE: CINT) is a global technology transformation specialist for 100+ large enterprises and fast growth clients. CI&T brings a 30-year track record of helping clients navigate change to deliver accelerated business impact, with deep expertise across AI, strategy, customer experience, software development, cloud services, data and more. CI&T's proprietary AI platform, CI&T FLOW boosts team productivity, ensuring fast, efficient, and scalable delivery of world-class solutions. Operating globally with over 7,600 professionals across 10 countries.

**Non-IFRS Financial Measures**

We regularly monitor certain financial and operating metrics to evaluate our business, measure our performance, identify trends affecting our business, formulate financial projections, and make strategic decisions. These non-IFRS financial measures include Adjusted Gross Profit, Adjusted Gross Profit Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Profit, Adjusted Profit Margin, Revenue at Constant Currency, and Adjusted Diluted EPS. They should be considered in addition to results prepared in accordance with IFRS, but not as substitutes for IFRS results. In addition, our calculation of these non-IFRS financial measures may differ from those used by other companies, and therefore, comparability may be limited. These non-IFRS financial measures are provided as additional information to enhance investors' understanding of our operations' historical and current financial performance.

<br> w w w. c i a n d t . c o m 2

CI&T is not providing a quantitative reconciliation of its forward-looking non-IFRS Revenue at Constant Currency and Adjusted EBITDA Margin to the most directly comparable IFRS measure because it cannot reasonably predict the outcome of certain significant items without unreasonable efforts. These items include, but are not limited to, share-based compensation expenses, the tax effect of non-IFRS measures, foreign currency exchange gains/losses, and other items. These items are uncertain, depend on various factors, and could have a material impact on our IFRS-reported results for the guidance period.

We calculate Revenue at Constant Currency by translating Revenue from entities reporting in foreign currencies into U.S. dollars using the comparable foreign currency exchange rates from the prior period to show changes in our revenue without giving effect to period-to-period currency fluctuations.

In calculating Adjusted Gross Profit, we exclude cost components unrelated to the direct management of our services. For the periods presented, the adjustments applied were: (i) depreciation and amortization related to the costs of services provided and (ii) share-based compensation expenses.

In calculating Adjusted EBITDA, we exclude components unrelated to the direct management of our services. We calculate Adjusted EBITDA for the periods presented as Profit, plus net finance costs, income tax expense, depreciation and amortization, plus: (i) share-based compensation expenses; (ii) government grants related to tax reimbursement in our Chinese subsidiary; (iii) acquisition-related expenses; and (iv) business restructuring expenses related to the optimization of our global delivery model based on our nearshoring strategy.

In calculating Adjusted Profit and Adjusted Diluted EPS, we exclude components unrelated to the direct management of our services. For the periods presented, the adjustments have been made for (i) acquisition-related expenses (including amortization of intangible assets from acquired companies, and present value adjustments to accounts payable for business acquired); (ii) business restructuring expenses related to the optimization of our global delivery model based on our nearshoring strategy; (iii) share-based compensation expenses; and (iv) the tax effects of non-IFRS adjustments.

<br> w w w. c i a n d t . c o m 3

**Cautionary Statement on Forward-Looking Statements**

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact that may be deemed forward-looking statements include, but are not limited to: the statements under Business Outlook, including expectations relating to revenues and other financial or business metrics; statements regarding relationships with clients; and any other statements of expectations or beliefs. The words "believe", "will", "may", "may have," "would," "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts" and similar words are intended to identify estimates and forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements represent our management's beliefs and assumptions only as of the date of this press release. You should read this press release with the understanding that our actual future results may be materially different from our expectations. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such statements in this press release. Such risk factors include, but are not limited to, those relating to: the ongoing trade war and the impact of tariffs imposed on international trade, particularly between Brazil and the United States; the ongoing war in Ukraine and the economic sanctions imposed by Western economies on Russia, as well as the conflict between Israel and Hamas, and their impact on our business and industry; uncertainty regarding the demand for and market utilization of our services; our ability to maintain or acquire new client relationships; general business and economic conditions; our ability to successfully integrate the recent-acquired business; the impact of pandemics, epidemics and disease outbreak; and our ability to successfully implement our growth strategy and strategic plans. Additional information about these and other risks and uncertainties is contained in the Risk Factors section of CI&T's annual report on Form 20-F. Additional information will be made available in our Annual Reports on Form 20-F, and other filings and reports that we may file from time to time with the SEC. Except as required by law, we assume no obligation to and do not intend to update these forward-looking statements or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

**Contacts:**

**Investor Relations Contact:**

Eduardo Galvão

investors@ciandt.com

**Media Relations Contact:**

Zella Panossian

ciandt@illumepr.com

<br> w w w. c i a n d t . c o m 4

**Unaudited condensed consolidated statement of profit or loss**

(In thousands of U.S. dollars)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Quarter ended June 30,** | **Quarter ended June 30,** | **Six months ended June 30,** | **Six months ended June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Revenue** | **117185** | **108494** | **228061** | **214196** |
| Costs of services provided | (79498) | (70892) | (155908) | (142770) |
| **Gross profit** | **37687** | **37602** | **72153** | **71426** |
| Selling expenses | (9444) | (9480) | (17848) | (18816) |
| General and administrative expenses | (13177) | (13241) | (25601) | (26989) |
| Impairment gain (loss) on accounts receivables and contract assets | (92) | (148) | 239 | (520) |
| Other income | 526 | 89 | 768 | 123 |
| **Operating expenses net** | **(22187)** | **(22780)** | **(42442)** | **(46202)** |
| **Operating profit before net finance costs and income tax expense** | **15500** | **14822** | **29711** | **25224** |
| Finance income | 4730 | 4497 | 9542 | 6657 |
| Finance costs | (5746) | (6720) | (12302) | (11378) |
| **Net finance costs** | **(1016)** | **(2223)** | **(2760)** | **(4721)** |
| **Profit before income tax** | **14484** | **12599** | **26951** | **20503** |
| Current | (1521) | (2511) | (2832) | (4221) |
| Deferred | (3221) | (777) | (6930) | (2449) |
| **Total income tax expense** | **(4742)** | **(3288)** | **(9762)** | **(6670)** |
| **Profit for the period** | **9742** | **9311** | **17189** | **13833** |
| **Earnings per share** |  |  |  |  |
| Earnings per share – basic (in US$) | 0.07 | 0.07 | 0.13 | 0.10 |
| Earnings per share – diluted (in US$) | 0.07 | 0.07 | 0.13 | 0.10 |
| Weighted average number of basic shares | 130855082 | 136841476 | 134377612 | 137114610 |
| Weighted average number of diluted shares | 132478854 | 140636144 | 136001384 | 140909278 |

---

<br> w w w. c i a n d t . c o m 5

**Unaudited condensed consolidated statement of financial position**

(In thousands of U.S. dollars)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Assets** | **June 30, 2025** | **December 31, 2024** | **Liabilities and equity** | **June 30, 2025** | **December 31, 2024** |
| Cash and cash equivalents | 58643 | 56621 | Suppliers and other payables | 5487 | 4803 |
| Accounts receivable and contract assets | 120412 | 115973 | Loans and borrowings | 65829 | 46227 |
| Recoverable taxes | 2519 | 861 | Lease liabilities | 3977 | 3867 |
| Current income tax assets | 4841 | 6650 | Salaries and welfare charges | 46030 | 44554 |
| Derivatives | 417 | 723 | Accounts payable for business acquired | 1970 | 6522 |
| Restricted cash |  | 4247 | Derivatives | 768 | 2370 |
| Other assets | 7692 | 6685 | Current income tax liabilities | 181 | 2823 |
| **Total current assets** | **194524** | **191760** | Other taxes payable | 2592 | 3062 |
|  |  |  | Contract liability | 1172 | 6766 |
| Recoverable taxes | 874 | 669 | Other liabilities | 2853 | 3989 |
| Non-current income tax assets | 6601 | 5408 | **Total current liabilities** | **130859** | **124983** |
| Deferred tax assets | 572 | 1427 |  |  |  |
| Judicial deposits | 1728 | 1316 |  |  |  |
| Restricted cash | 1134 | 1000 | Loans and borrowings | 81702 | 92508 |
| Other assets | 1241 | 1601 | Deferred tax liabilities | 24815 | 16282 |
| Property and equipment | 7105 | 5896 | Lease liabilities | 5164 | 5628 |
| Intangible assets and goodwill | 331144 | 309284 | Provisions for tax and labor risks | 1243 | 1076 |
| Right-of-use assets | 7879 | 8055 | Accounts payable for business acquired | 4050 | 3389 |
| **Total non-current assets** | **358278** | **334656** | Other liabilities | 2758 | 2426 |
|  |  |  | **Total non-current liabilities** | **119732** | **121309** |
|  |  |  | **Equity** |  |  |
|  |  |  | Share capital | 7 | 7 |
|  |  |  | Share premium | 184183 | 186333 |
|  |  |  | Treasury share reserve | (20147) | (6457) |
|  |  |  | Capital reserves | 27365 | 26659 |
|  |  |  | Retained earnings reserves | 115097 | 97908 |
|  |  |  | Other comprehensive income (loss) | (4294) | (24326) |
|  |  |  | **Total equity** | **302211** | **280124** |
| **Total assets** | **552802** | **526416** | **Total equity and liabilities** | **552802** | **526416** |

---

<br> w w w. c i a n d t . c o m 6

**Unaudited condensed consolidated statement of cash flows** 

(In thousands of U.S. dollars)

---

| | | |
|:---|:---|:---|
|  | **June 30, 2025** | **June 30, 2024** |
| **Cash flows from operating activities** |  |  |
| Profit for the period | 17189 | 13833 |
| ***Adjustments for:*** |  |  |
| Depreciation and amortization | 9002 | 8903 |
| Loss on sale and write-off of fixed assets | 36 | 74 |
| Interest and exchange rate changes | 4570 | 7871 |
| Unrealized gain on financial instruments | (1386) | 1110 |
| Income tax expenses | 9762 | 6670 |
| Impairment (gain) losses on accounts receivable and contract assets | (239) | 520 |
| Share-based compensation | 2384 | 2029 |
| Others | 20 | (3) |
| **Changes in operating assets and liabilities** |  |  |
| Accounts receivable and contract assets | 869 | (5774) |
| Recoverable taxes | 1280 | (2505) |
| Suppliers and other payables | (364) | (427) |
| Salaries and welfare charges | (4454) | 1042 |
| Contract liabilities | (5781) | (5199) |
| Other receivables and payables, net | 757 | (1603) |
| **Cash generated from operating activities** | **33645** | **26541** |
| Income tax paid | (6704) | (1393) |
| Interest paid on loans and borrowings | (5449) | (5114) |
| Interest paid on lease | (353) | (328) |
| Income tax refund | 127 | 67 |
| **Net cash from operating activities** | **21266** | **19773** |
| **Cash flows from investing activities** |  |  |
| Acquisition of property and equipment and intangible assets | (6376) | (4772) |
| Redemption of financial investments |  | 635 |
| **Net cash used in investing activities** | **(6376)** | **(4137)** |
| **Cash flows from financing activities** |  |  |
| Share-based compensation exercised | 882 | 226 |
| Payment of lease liabilities | (2304) | (2258) |
| Proceeds from loans and borrowings | 24722 | 10000 |
| Proceeds from (payment on) settlement of derivatives | (41) | 1032 |
| Payment of loans and borrowings | (21177) | (6597) |
| Payment of installment related to accounts payable for business acquired | (758) | (698) |
| Treasury shares acquired | (17592) | (5858) |
| **Net cash used in financing activities** | **(16268)** | **(4153)** |
| **Net increase (decrease) in cash and cash equivalents** | **(1378)** | **11483** |
| **Cash and cash equivalents as of January 1st** | **56621** | **43715** |
| Exchange variation effect on cash and cash equivalents | 3400 | (7563) |
| **Cash and cash equivalents as of June 30th** | **58643** | **47635** |

---

<br> w w w. c i a n d t . c o m 7

**Revenue Distribution**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Revenue by Industry**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Financial Services | 41782 | 30262 | 38.1% | 79029 | 60090 | 31.5% |
| Consumer Goods | 24954 | 25259 | -1.2% | 47823 | 47464 | 0.8% |
| Retail and Industrial Goods | 24169 | 20204 | 19.6% | 48390 | 38589 | 25.4% |
| Technology and Telecommunications | 10212 | 12299 | -17.0% | 21600 | 24541 | -12.0% |
| Life Sciences | 9461 | 10430 | -9.3% | 18519 | 21409 | -13.5% |
| Others | 6607 | 10040 | -34.2% | 12700 | 22103 | -42.5% |
| **Total** | **117185** | **108494** | **8.0%** | **228061** | **214196** | **6.5%** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Revenue by Geography**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Latin America | 54519 | 43373 | 25.7% | 104205 | 88337 | 18.0% |
| North America | 51775 | 48205 | 7.4% | 100834 | 92206 | 9.4% |
| Europe | 6155 | 11965 | -48.6% | 13571 | 24308 | -44.2% |
| Asia Pacific | 4736 | 4951 | -4.3% | 9451 | 9345 | 1.1% |
| **Total** | **117185** | **108494** | **8.0%** | **228061** | **214196** | **6.5%** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Top Clients**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Top Client | 13162 | 6861 | 91.8% | 24920 | 13695 | 82.0% |
| Top 10 Clients | 50803 | 45477 | 11.7% | 97156 | 88587 | 9.7% |

---

<br> w w w. c i a n d t . c o m 8

**Reconciliation of various income statement amounts from IFRS to non-IFRS measures**

---

| | |
|:---|:---|
| **Revenue Growth at Constant Currency** | **2Q25** |
| Reported Revenue Growth | 8.0% |
| Foreign Exchange Rates Impact | 4.3% |
| **Revenue Growth at Constant Currency** | **12.3%** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Adjusted Gross Profit**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Revenue | 117185 | 108494 | 8.0% | 228061 | 214196 | 6.5% |
| Cost of Services Provided | (79498) | (70892) | 12.1% | (155908) | (142770) | 9.2% |
| **Gross Profit** | **37687** | **37602** | **0.2%** | **72153** | **71426** | **1.0%** |
| *Adjustments* |  |  |  |  |  |  |
| Depreciation and amortization (cost of services provided) | 1513 | 1646 | -8.1% | 3013 | 3268 | -7.8% |
| Share-based compensation | 929 | 878 | 5.8% | 1688 | 1434 | 17.7% |
| **Adjusted Gross Profit** | **40129** | **40126** | **0.0%** | **76854** | **76128** | **1.0%** |
| **Adjusted Gross Profit Margin** | **34.2%** | **37.0%** | **-2.7p.p** | **33.7%** | **35.5%** | **-1.8p.p** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Adjusted EBITDA**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Profit for the period | 9742 | 9311 | 4.6% | 17189 | 13833 | 24.3% |
| *Adjustments* |  |  |  |  |  |  |
| Net finance costs | 1016 | 2223 | -54.3% | 2760 | 4721 | -41.5% |
| Income tax expense | 4742 | 3288 | 44.2% | 9762 | 6670 | 46.4% |
| Depreciation and amortization | 4605 | 4485 | 2.7% | 9002 | 8903 | 1.1% |
| Share-based compensation | 1423 | 1267 | 12.3% | 2384 | 2029 | 17.5% |
| Government grants |  | (59) |  |  | (73) |  |
| Acquisition-related expenses (1) |  | 282 |  |  | 553 |  |
| Business restructuring (2) | - | 79 | - | - | 1235 | - |
| **Adjusted EBITDA** | **21527** | **20877** | **3.1%** | **41097** | **37871** | **8.5%** |
| **Adjusted EBITDA Margin** | **18.4%** | **19.2%** | **-0.9p.p** | **18.0%** | **17.7%** | **0.3p.p** |

---

Items (1) and (2) are detailed below.

<br> w w w. c i a n d t . c o m 9

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Adjusted Profit**<br> **(in USD thousand)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Profit for the period | 9742 | 9311 | 4.6% | 17189 | 13833 | 24.3% |
| *Adjustments* |  |  |  |  |  |  |
| Acquisition-related expenses (1) | 2038 | 2406 | -15.3% | 4044 | 4857 | -16.7% |
| Business restructuring (2) | 0 | 79 | -100.0% | 0 | 1235 | -100.0% |
| Share-based compensation | 1423 | 1267 | 12.3% | 2384 | 2029 | 17.5% |
| Tax effects on non-IFRS adjustments | (968) | (531) | 82.3% | (1772) | (1002) | 76.8% |
| **Adjusted Profit** | **12235** | **12532** | **-2.4%** | **21845** | **20952** | **4.3%** |
| **Adjusted Profit Margin** | **10.4%** | **11.6%** | **-1.1p.p** | **9.6%** | **9.8%** | **-0.2p.p** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Adjusted Diluted EPS**<br> **(in USD)** | **2Q25** | **2Q24** | **Var.**<br> **2Q25 x 2Q24** | **6M25** | **6M24** | **Var.**<br> **6M25 x 6M24** |
| Diluted EPS | 0.07 | 0.07 | 11.1% | 0.13 | 0.10 | 28.7% |
| *Adjustments* |  |  |  |  |  |  |
| Acquisition-related expenses (1) | 0.02 | 0.02 | -10.1% | 0.03 | 0.03 | -13.7% |
| Business restructuring (2) | 0.00 | 0.00 | -100.0% | 0.00 | 0.01 | -100.0% |
| Share-based compensation | 0.01 | 0.01 | 19.2% | 0.02 | 0.01 | 21.7% |
| Tax effects on non-IFRS adjustments | -0.01 | 0.00 | 93.5% | -0.01 | -0.01 | 83.2% |
| **Adjusted Diluted EPS** | **0.09** | **0.09** | **3.6%** | **0.16** | **0.15** | **8.0%** |

---

**Notes:**

<sup>(1)</sup> Includes fair value adjustment on accounts payable for business combination and amortization of intangible assets from acquired companies, when applicable. Other expenses include, when applicable, consulting expenses and retention packages.

<sup>(2)</sup> Expenses related to the optimization of our global delivery model based on our nearshoring strategy, including termination charges, severance, and legal services for employee separations from North America, Europe and Asia Pacific regions for 2024.

<br> w w w. c i a n d t . c o m 10

CI&T

Inc.

**Unaudited condensed consolidated interim**

**financial statements**

**June 30, 2025**

Content

**[Unaudited condensed consolidated statement of financial position](#a_002)**<sub>3</sub>

**[Unaudited condensed consolidated statement of profit or loss](#a_003)**<sub>4</sub>

**[Unaudited condensed consolidated statement of other comprehensive income](#a_004)**<sub>5</sub>

**[Unaudited condensed consolidated statement of changes in equity](#a_005)**<sub>6</sub>

**[Unaudited condensed consolidated statement of cash flows](#a_006)**<sub>7</sub>

**[Notes to the unaudited condensed consolidated interim financial statements](#a_007)**<sub>8</sub>

![](cintfs2q256k_001.jpg)

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br> **Unaudited condensed consolidated statement of financial position as of June 30, 2025 and December 31, 2024**<br> (In thousands of United States dollars – US$) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Assets** | &nbsp;&nbsp;**Note** | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**Liabilities and equity** | &nbsp;&nbsp;**Note** | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**December 31, 2024** |
| &nbsp;&nbsp;Cash and cash equivalents | &nbsp;&nbsp;6 | &nbsp;&nbsp;58643 | &nbsp;&nbsp;56621 | &nbsp;&nbsp;Suppliers and other payables |  | &nbsp;&nbsp;5487 | &nbsp;&nbsp;4803 |
| &nbsp;&nbsp;Accounts receivables and contract assets | &nbsp;&nbsp;7 | &nbsp;&nbsp;120412 | &nbsp;&nbsp;115973 | &nbsp;&nbsp;Loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;65829 | &nbsp;&nbsp;46227 |
| &nbsp;&nbsp;Recoverable taxes |  | &nbsp;&nbsp;2519 | &nbsp;&nbsp;861 | &nbsp;&nbsp;Lease liabilities |  | &nbsp;&nbsp;3977 | &nbsp;&nbsp;3867 |
| &nbsp;&nbsp;Current income tax assets |  | &nbsp;&nbsp;4841 | &nbsp;&nbsp;6650 | &nbsp;&nbsp;Salaries and welfare charges |  | &nbsp;&nbsp;46030 | &nbsp;&nbsp;44554 |
| &nbsp;&nbsp;Derivatives | &nbsp;&nbsp;11 | &nbsp;&nbsp;417 | &nbsp;&nbsp;723 | &nbsp;&nbsp;Accounts payable for business acquired |  | &nbsp;&nbsp;1970 | &nbsp;&nbsp;6522 |
| &nbsp;&nbsp;Restricted cash |  | &nbsp;&nbsp;- | &nbsp;&nbsp;4247 | &nbsp;&nbsp;Derivatives | &nbsp;&nbsp;11 | &nbsp;&nbsp;768 | &nbsp;&nbsp;2370 |
| &nbsp;&nbsp;Other assets |  | &nbsp;&nbsp;7692 | &nbsp;&nbsp;6685 | &nbsp;&nbsp;Current income tax liabilities |  | &nbsp;&nbsp;181 | &nbsp;&nbsp;2823 |
|  |  |  |  | &nbsp;&nbsp;Other taxes payable |  | &nbsp;&nbsp;2592 | &nbsp;&nbsp;3062 |
|  |  |  |  | &nbsp;&nbsp;Contract liability |  | &nbsp;&nbsp;1172 | &nbsp;&nbsp;6766 |
|  |  |  |  | &nbsp;&nbsp;Other liabilities |  | &nbsp;&nbsp;2853 | &nbsp;&nbsp;3989 |
| &nbsp;&nbsp;**Total current assets** |  | &nbsp;&nbsp;**194524** | &nbsp;&nbsp;**191760** | &nbsp;&nbsp;**Total current liabilities** |  | &nbsp;&nbsp;**130859** | &nbsp;&nbsp;**124983** |
| &nbsp;&nbsp;Recoverable taxes |  | &nbsp;&nbsp;874 | &nbsp;&nbsp;669 | &nbsp;&nbsp;Loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;81702 | &nbsp;&nbsp;92508 |
| &nbsp;&nbsp;Non-current income tax assets |  | &nbsp;&nbsp;6601 | &nbsp;&nbsp;5408 | &nbsp;&nbsp;Deferred tax liabilities | &nbsp;&nbsp;16 | &nbsp;&nbsp;24815 | &nbsp;&nbsp;16282 |
| &nbsp;&nbsp;Deferred tax assets | &nbsp;&nbsp;16 | &nbsp;&nbsp;572 | &nbsp;&nbsp;1427 | &nbsp;&nbsp;Lease liabilities |  | &nbsp;&nbsp;5164 | &nbsp;&nbsp;5628 |
| &nbsp;&nbsp;Judicial deposits |  | &nbsp;&nbsp;1728 | &nbsp;&nbsp;1316 | &nbsp;&nbsp;Provisions for tax and labor risks |  | &nbsp;&nbsp;1243 | &nbsp;&nbsp;1076 |
| &nbsp;&nbsp;Restricted cash |  | &nbsp;&nbsp;1134 | &nbsp;&nbsp;1000 | &nbsp;&nbsp;Accounts payable for business acquired |  | &nbsp;&nbsp;4050 | &nbsp;&nbsp;3389 |
| &nbsp;&nbsp;Other assets |  | &nbsp;&nbsp;1241 | &nbsp;&nbsp;1601 | &nbsp;&nbsp;Other liabilities |  | &nbsp;&nbsp;2758 | &nbsp;&nbsp;2426 |
| &nbsp;&nbsp;Property and equipment | &nbsp;&nbsp;8 | &nbsp;&nbsp;7105 | &nbsp;&nbsp;5896 |  |  |  |  |
| &nbsp;&nbsp;Intangible assets and goodwill | &nbsp;&nbsp;9 | &nbsp;&nbsp;331144 | &nbsp;&nbsp;309284 |  |  |  |  |
| &nbsp;&nbsp;Right-of-use assets |  | &nbsp;&nbsp;7879 | &nbsp;&nbsp;8055 | &nbsp;&nbsp;**Total non-current liabilities** |  | &nbsp;&nbsp;**119732** | &nbsp;&nbsp;**121309** |
| &nbsp;&nbsp;**Total non-current assets** |  | &nbsp;&nbsp;**358278** | &nbsp;&nbsp;**334656** |  |  |  |  |
|  |  |  |  | &nbsp;&nbsp;**Equity** | &nbsp;&nbsp;12 |  |  |
|  |  |  |  | &nbsp;&nbsp;Share capital |  | &nbsp;&nbsp;7 | &nbsp;&nbsp;7 |
|  |  |  |  | &nbsp;&nbsp;Share premium |  | &nbsp;&nbsp;184183 | &nbsp;&nbsp;186333 |
|  |  |  |  | &nbsp;&nbsp;Treasury share reserve |  | &nbsp;&nbsp;(20147) | &nbsp;&nbsp;(6457) |
|  |  |  |  | &nbsp;&nbsp;Capital reserves |  | &nbsp;&nbsp;27365 | &nbsp;&nbsp;26659 |
|  |  |  |  | &nbsp;&nbsp;Retained earnings reserves |  | &nbsp;&nbsp;115097 | &nbsp;&nbsp;97908 |
|  |  |  |  | &nbsp;&nbsp;Other comprehensive income (loss) |  | &nbsp;&nbsp;(4294) | &nbsp;&nbsp;(24326) |
|  |  |  |  | &nbsp;&nbsp;**Total equity** |  | &nbsp;&nbsp;**302211** | &nbsp;&nbsp;**280124** |
| &nbsp;&nbsp;**Total assets** |  | &nbsp;&nbsp;**552802** | &nbsp;&nbsp;**526416** | &nbsp;&nbsp;**Total equity and liabilities** |  | &nbsp;&nbsp;**552802** | &nbsp;&nbsp;**526416** |

---

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

---

| | |
|:---|:---|
| 3 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br> **Unaudited condensed consolidated statement of profit or loss**<br> For the three months and six months ended June 30, 2025 and 2024 <br> (In thousands of United States dollars – US$, except basic and diluted result per share) |

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Note** | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;**Revenue** | &nbsp;&nbsp;13 | &nbsp;&nbsp;228061 | &nbsp;&nbsp;117185 | &nbsp;&nbsp;214196 | &nbsp;&nbsp;108494 |
| &nbsp;&nbsp;Costs of services provided | &nbsp;&nbsp;14 | &nbsp;&nbsp;(155908) | &nbsp;&nbsp;(79498) | &nbsp;&nbsp;(142770) | &nbsp;&nbsp;(70892) |
| &nbsp;&nbsp;**Gross profit** |  | &nbsp;&nbsp;**72153** | &nbsp;&nbsp;**37687** | &nbsp;&nbsp;**71426** | &nbsp;&nbsp;**37602** |
| &nbsp;&nbsp;Selling expenses | &nbsp;&nbsp;14 | &nbsp;&nbsp;(17848) | &nbsp;&nbsp;(9444) | &nbsp;&nbsp;(18816) | &nbsp;&nbsp;(9480) |
| &nbsp;&nbsp;General and administrative expenses | &nbsp;&nbsp;14 | &nbsp;&nbsp;(25601) | &nbsp;&nbsp;(13177) | &nbsp;&nbsp;(26989) | &nbsp;&nbsp;(13241) |
| &nbsp;&nbsp;Impairment gain (loss) on accounts receivables and contract assets | &nbsp;&nbsp;14 | &nbsp;&nbsp;239 | &nbsp;&nbsp;(92) | &nbsp;&nbsp;(520) | &nbsp;&nbsp;(148) |
| &nbsp;&nbsp;Other income | &nbsp;&nbsp;14 | &nbsp;&nbsp;768 | &nbsp;&nbsp;526 | &nbsp;&nbsp;123 | &nbsp;&nbsp;89 |
| &nbsp;&nbsp;**Operating expenses net** |  | &nbsp;&nbsp;**(42442)** | &nbsp;&nbsp;**(22187)** | &nbsp;&nbsp;**(46202)** | &nbsp;&nbsp;**(22780)** |
| &nbsp;&nbsp;**Operating profit before net finance costs and income tax expense** |  | &nbsp;&nbsp;**29711** | &nbsp;&nbsp;**15500** | &nbsp;&nbsp;**25224** | &nbsp;&nbsp;**14822** |
| &nbsp;&nbsp;Finance income | &nbsp;&nbsp;15 | &nbsp;&nbsp;9542 | &nbsp;&nbsp;4730 | &nbsp;&nbsp;6657 | &nbsp;&nbsp;4497 |
| &nbsp;&nbsp;Finance costs | &nbsp;&nbsp;15 | &nbsp;&nbsp;(12302) | &nbsp;&nbsp;(5746) | &nbsp;&nbsp;(11378) | &nbsp;&nbsp;(6720) |
| &nbsp;&nbsp;**Net finance costs** |  | &nbsp;&nbsp;**(2760)** | &nbsp;&nbsp;**(1016)** | &nbsp;&nbsp;**(4721)** | &nbsp;&nbsp;**(2223)** |
| &nbsp;&nbsp;**Profit before income tax** |  | &nbsp;&nbsp;**26951** | &nbsp;&nbsp;**14484** | &nbsp;&nbsp;**20503** | &nbsp;&nbsp;**12599** |
| &nbsp;&nbsp;**Income tax expense** |  |  |  |  |  |
| &nbsp;&nbsp;Current | &nbsp;&nbsp;16 | &nbsp;&nbsp;(2832) | &nbsp;&nbsp;(1521) | &nbsp;&nbsp;(4221) | &nbsp;&nbsp;(2511) |
| &nbsp;&nbsp;Deferred | &nbsp;&nbsp;16 | &nbsp;&nbsp;(6930) | &nbsp;&nbsp;(3221) | &nbsp;&nbsp;(2449) | &nbsp;&nbsp;(777) |
| &nbsp;&nbsp;**Total income tax expense** |  | &nbsp;&nbsp;**(9762)** | &nbsp;&nbsp;**(4742)** | &nbsp;&nbsp;**(6670)** | &nbsp;&nbsp;**(3288)** |
| &nbsp;&nbsp;**Profit for the period** |  | &nbsp;&nbsp;**17189** | &nbsp;&nbsp;**9742** | &nbsp;&nbsp;**13833** | &nbsp;&nbsp;**9311** |
| &nbsp;&nbsp;**Profit attributable to:** |  |  |  |  |  |
| &nbsp;&nbsp;Controlling shareholders |  | &nbsp;&nbsp;17189 | &nbsp;&nbsp;9742 | &nbsp;&nbsp;13833 | &nbsp;&nbsp;9311 |
| &nbsp;&nbsp;**Profit for the period** |  | &nbsp;&nbsp;**17189** | &nbsp;&nbsp;**9742** | &nbsp;&nbsp;**13833** | &nbsp;&nbsp;**9311** |
| &nbsp;&nbsp;**Earnings per share** |  |  |  |  |  |
| &nbsp;&nbsp;Earnings per share – basic (in US$) |  | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.07 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;0.07 |
| &nbsp;&nbsp;Earnings per share – diluted (in US$) |  | &nbsp;&nbsp;0.13 | &nbsp;&nbsp;0.07 | &nbsp;&nbsp;0.10 | &nbsp;&nbsp;0.07 |

---

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

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| | |
|:---|:---|
| 4 | ![](cintfs2q256k_001.jpg) |

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| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br> **Unaudited condensed consolidated statement of other comprehensive income**<br> For the three months and six ended June 30, 2025 and 2024 <br> (In thousands of United States dollars – US$) |

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---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;**Profit for the period** | &nbsp;&nbsp;**17189** | &nbsp;&nbsp;**9742** | &nbsp;&nbsp;**13833** | &nbsp;&nbsp;**9311** |
| &nbsp;&nbsp;*Other comprehensive income:* |  |  |  |  |
| &nbsp;&nbsp;**Items that are or may be reclassified subsequently to statement of profit or loss** |  |  |  |  |
| &nbsp;&nbsp;Cash flow hedges – effective portion of changes in fair value – net of tax | &nbsp;&nbsp;1847 | &nbsp;&nbsp;551 | &nbsp;&nbsp;(3109) | &nbsp;&nbsp;(2402) |
| &nbsp;&nbsp;Cash flow hedges – reclassified to profit or loss | &nbsp;&nbsp;439 | &nbsp;&nbsp;439 | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Translation adjustments of foreign operations | &nbsp;&nbsp;17746 | &nbsp;&nbsp;9110 | &nbsp;&nbsp;(17073) | &nbsp;&nbsp;(12428) |
| &nbsp;&nbsp;**Total other comprehensive income (loss)** | &nbsp;&nbsp;**20032** | &nbsp;&nbsp;**10100** | &nbsp;&nbsp;**(20182)** | &nbsp;&nbsp;**(14830)** |
| &nbsp;&nbsp;**Total comprehensive income (loss) for the period** | &nbsp;&nbsp;**37221** | &nbsp;&nbsp;**19842** | &nbsp;&nbsp;**(6349)** | &nbsp;&nbsp;**(5519)** |
| &nbsp;&nbsp;**Total comprehensive income (loss) attributed to** |  |  |  |  |
| &nbsp;&nbsp;Owners of the Company | &nbsp;&nbsp;37221 | &nbsp;&nbsp;19842 | &nbsp;&nbsp;(6349) | &nbsp;&nbsp;(5519) |
| &nbsp;&nbsp;**Total comprehensive income (loss) for the period** | &nbsp;&nbsp;**37221** | &nbsp;&nbsp;**19842** | &nbsp;&nbsp;**(6349)** | &nbsp;&nbsp;**(5519)** |

---

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

---

| | |
|:---|:---|
| 5 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br> **Unaudited condensed consolidated statement of changes in equity**<br> For the six months ended June 30, 2025 and 2024 <br> (In thousands of United States dollars – US$) |

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---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Share capital** | &nbsp;&nbsp;**Share premium** | &nbsp;&nbsp;**Treasury share reserve** | &nbsp;&nbsp;**Capital reserve** | &nbsp;&nbsp;**Retained earnings reserve** | &nbsp;&nbsp;**Other comprehensive income (loss)** | &nbsp;&nbsp;**Total equity** |
| &nbsp;&nbsp;**Balances as of December 31, 2024** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**186333** | &nbsp;&nbsp;**(6457)** | &nbsp;&nbsp;**26659** | &nbsp;&nbsp;**97908** | &nbsp;&nbsp;**(24326)** | &nbsp;&nbsp;**280124** |
| &nbsp;&nbsp;**Comprehensive income for the period** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Profit for the period | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;17189 | &nbsp;&nbsp;- | &nbsp;&nbsp;17189 |
| &nbsp;&nbsp;Translation adjustments of foreign operations | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;17746 | &nbsp;&nbsp;17746 |
| &nbsp;&nbsp;Cash flow hedges – net of taxes | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;2286 | &nbsp;&nbsp;2286 |
| &nbsp;&nbsp;**Total comprehensive income for the period** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**17189** | &nbsp;&nbsp;**20032** | &nbsp;&nbsp;**37221** |
| &nbsp;&nbsp;**Transactions with the owner of the Group** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;**Contributions, distribution and constitution of reserves** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Treasury shares acquired | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(17592) | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(17592) |
| &nbsp;&nbsp;Reissue of ordinary shares | &nbsp;&nbsp;- | &nbsp;&nbsp;(641) | &nbsp;&nbsp;641 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Equity settled share-based payment | &nbsp;&nbsp;- | &nbsp;&nbsp;(6) | &nbsp;&nbsp;- | &nbsp;&nbsp;2008 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;2002 |
| &nbsp;&nbsp;Restricted stock units exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;(291) | &nbsp;&nbsp;1167 | &nbsp;&nbsp;(1302) | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(426) |
| &nbsp;&nbsp;Share options exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;(1113) | &nbsp;&nbsp;1871 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;758 |
| &nbsp;&nbsp;Incentive stock options exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;(99) | &nbsp;&nbsp;223 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;124 |
| &nbsp;&nbsp;**Total contributions and distribution and constitution of reserves** |  | &nbsp;&nbsp;**(2150)** | &nbsp;&nbsp;**(13690)** | &nbsp;&nbsp;**706** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**(15134)** |
| &nbsp;&nbsp;**Balances as of June 30, 2025** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**184183** | &nbsp;&nbsp;**(20147)** | &nbsp;&nbsp;**27365** | &nbsp;&nbsp;**115097** | &nbsp;&nbsp;**(4294)** | &nbsp;&nbsp;**302211** |
| &nbsp;&nbsp;**Balances as of January 1, 2024** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**181092** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**33945** | &nbsp;&nbsp;**68414** | &nbsp;&nbsp;**8045** | &nbsp;&nbsp;**291503** |
| &nbsp;&nbsp;**Comprehensive income for the period** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Profit for the period | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;13833 | &nbsp;&nbsp;- | &nbsp;&nbsp;13833 |
| &nbsp;&nbsp;Translation adjustments of foreign operations | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(17073) | &nbsp;&nbsp;(17073) |
| &nbsp;&nbsp;Cash flow hedges – net of tax | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(3109) | &nbsp;&nbsp;(3109) |
| &nbsp;&nbsp;**Total comprehensive income (loss) for the period** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**13833** | &nbsp;&nbsp;**(20182)** | &nbsp;&nbsp;**(6349)** |
| &nbsp;&nbsp;**Transactions with the owner of the Group** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;**Contributions, distribution and constitution of reserves** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Treasury shares acquired | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(5858) | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(5858) |
| &nbsp;&nbsp;Equity settled share-based payment | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;2048 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;2048 |
| &nbsp;&nbsp;Restricted stock units exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;460 | &nbsp;&nbsp;- | &nbsp;&nbsp;(460) | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Share options exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;226 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;226 |
| &nbsp;&nbsp;**Total contributions and distribution and constitution of reserves** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**460** | &nbsp;&nbsp;**(5858)** | &nbsp;&nbsp;**1814** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**(3584)** |
| &nbsp;&nbsp;**Balances as of June 30, 2024** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**181552** | &nbsp;&nbsp;**(5858)** | &nbsp;&nbsp;**35759** | &nbsp;&nbsp;**82247** | &nbsp;&nbsp;**(12137)** | &nbsp;&nbsp;**281570** |

---

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

---

| | |
|:---|:---|
| 6 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br> **Unaudited condensed consolidated statement of cash flows**<br> For the six months ended on June 30, 2025 and 2024 <br> (In thousands of United States dollars – US$) |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Notes** | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**June 30, 2024** |
| &nbsp;&nbsp;**Cash flows from operating activities** |  |  |  |
| &nbsp;&nbsp;Profit for the period |  | &nbsp;&nbsp;17189 | &nbsp;&nbsp;13833 |
| &nbsp;&nbsp;*Adjustments for:* |  |  |  |
| &nbsp;&nbsp;Depreciation and amortization |  | &nbsp;&nbsp;9002 | &nbsp;&nbsp;8903 |
| &nbsp;&nbsp;Loss on sale and write-off of fixed assets |  | &nbsp;&nbsp;36 | &nbsp;&nbsp;74 |
| &nbsp;&nbsp;Interest and exchange rate changes |  | &nbsp;&nbsp;4570 | &nbsp;&nbsp;7871 |
| &nbsp;&nbsp;Unrealized gain on financial instruments |  | &nbsp;&nbsp;(1386) | &nbsp;&nbsp;1110 |
| &nbsp;&nbsp;Income tax expenses | &nbsp;&nbsp;16 | &nbsp;&nbsp;9762 | &nbsp;&nbsp;6670 |
| &nbsp;&nbsp;Impairment (gain) losses on accounts receivable and contract assets | &nbsp;&nbsp;7 | &nbsp;&nbsp;(239) | &nbsp;&nbsp;520 |
| &nbsp;&nbsp;Share-based compensation | &nbsp;&nbsp;14 | &nbsp;&nbsp;2384 | &nbsp;&nbsp;2029 |
| &nbsp;&nbsp;Others |  | &nbsp;&nbsp;20 | &nbsp;&nbsp;(3) |
| &nbsp;&nbsp;**Changes in operating assets and liabilities** |  |  |  |
| &nbsp;&nbsp;Accounts receivable and contract assets |  | &nbsp;&nbsp;869 | &nbsp;&nbsp;(5774) |
| &nbsp;&nbsp;Recoverable taxes |  | &nbsp;&nbsp;1280 | &nbsp;&nbsp;(2505) |
| &nbsp;&nbsp;Suppliers and other payables |  | &nbsp;&nbsp;(364) | &nbsp;&nbsp;(427) |
| &nbsp;&nbsp;Salaries and welfare charges |  | &nbsp;&nbsp;(4454) | &nbsp;&nbsp;1042 |
| &nbsp;&nbsp;Contract liabilities |  | &nbsp;&nbsp;(5781) | &nbsp;&nbsp;(5199) |
| &nbsp;&nbsp;Other receivables and payables, net |  | &nbsp;&nbsp;757 | &nbsp;&nbsp;(1603) |
| &nbsp;&nbsp;**Cash generated from operating activities** |  | &nbsp;&nbsp;**33645** | &nbsp;&nbsp;**26541** |
| &nbsp;&nbsp;Income tax paid |  | &nbsp;&nbsp;(6704) | &nbsp;&nbsp;(1393) |
| &nbsp;&nbsp;Interest paid on loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;(5449) | &nbsp;&nbsp;(5114) |
| &nbsp;&nbsp;Interest paid on lease |  | &nbsp;&nbsp;(353) | &nbsp;&nbsp;(328) |
| &nbsp;&nbsp;Income tax refund |  | &nbsp;&nbsp;127 | &nbsp;&nbsp;67 |
| &nbsp;&nbsp;**Net cash from operating activities** |  | &nbsp;&nbsp;**21266** | &nbsp;&nbsp;**19773** |
| &nbsp;&nbsp;**Cash flows from investing activities** |  |  |  |
| &nbsp;&nbsp;Acquisition of property and equipment and intangible assets |  | &nbsp;&nbsp;(6376) | &nbsp;&nbsp;(4772) |
| &nbsp;&nbsp;Redemption of financial investments |  | &nbsp;&nbsp;- | &nbsp;&nbsp;635 |
| &nbsp;&nbsp;**Net cash used in investing activities** |  | &nbsp;&nbsp;**(6376)** | &nbsp;&nbsp;**(4137)** |
| &nbsp;&nbsp;**Cash flows from financing activities** |  |  |  |
| &nbsp;&nbsp;Share-based compensation exercised |  | &nbsp;&nbsp;882 | &nbsp;&nbsp;226 |
| &nbsp;&nbsp;Payment of lease liabilities |  | &nbsp;&nbsp;(2304) | &nbsp;&nbsp;(2258) |
| &nbsp;&nbsp;Proceeds from loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;24722 | &nbsp;&nbsp;10000 |
| &nbsp;&nbsp;Proceeds from (payments on) settlement of derivatives | &nbsp;&nbsp;11 | &nbsp;&nbsp;(41) | &nbsp;&nbsp;1032 |
| &nbsp;&nbsp;Payment of loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;(21177) | &nbsp;&nbsp;(6597) |
| &nbsp;&nbsp;Payment of installment related to accounts payable for business acquired |  | &nbsp;&nbsp;(758) | &nbsp;&nbsp;(698) |
| &nbsp;&nbsp;Treasury shares acquired | &nbsp;&nbsp;12 | &nbsp;&nbsp;(17592) | &nbsp;&nbsp;(5858) |
| &nbsp;&nbsp;**Net cash used in financing activities** |  | &nbsp;&nbsp;**(16268)** | &nbsp;&nbsp;**(4153)** |
| &nbsp;&nbsp;**Net increase (decrease) in cash and cash equivalents** |  | &nbsp;&nbsp;**(1378)** | &nbsp;&nbsp;**11483** |
| &nbsp;&nbsp;**Cash and cash equivalents as of January 1** |  | &nbsp;&nbsp;**56621** | &nbsp;&nbsp;**43715** |
| &nbsp;&nbsp;Exchange variation effect on cash and cash equivalents |  | &nbsp;&nbsp;3400 | &nbsp;&nbsp;(7563) |
| &nbsp;&nbsp;**Cash and cash equivalents as of June 30** |  | &nbsp;&nbsp;**58643** | &nbsp;&nbsp;**47635** |

---

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

---

| | |
|:---|:---|
| 7 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

1. Reporting entity

CI&T Inc. ("CI&T" or "Parent Company") is a publicly held company incorporated in the Cayman Islands in June 2021, headquartered at Estrada Giuseppina Vianelli Di Napoli, 1455, Polo II de Alta Tecnologia, in the City of Campinas, State of São Paulo, Brazil. As a holding company, it is mainly engaged in the investment, as a partner or shareholder, in other companies, consortia or joint ventures in Brazil, in the United States of America, and other countries. The Parent Company's subsidiaries are mainly engaged in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration and mobility technologies.

These unaudited interim condensed consolidated financial statements comprise the Parent Company and its subsidiaries (collectively referred to as the "Group").

Since November 10, 2021, CI&T has been a publicly-held company registered with the US Securities and Exchange Commission ("SEC") and its shares are traded on the New York Stock Exchange ("NYSE") under the ticker symbol "CINT".

&nbsp;&nbsp;&nbsp;&nbsp;1.1 Organizational structure

The Parent Company did not have any changes to its direct and indirect subsidiaries compared to those presented in the consolidated financial statements for the year ended December 31, 2024, except for CI&T Philippines and CI&T Singapore, which started operations during the second quarter of 2025.

2. Basis of accounting

These unaudited condensed consolidated interim financial statements as of June 30, 2025 and for the three and six months ended June 30, 2025 have been prepared in accordance with IAS 34 *Interim Financial Reporting* and should be read in conjunction with the Group's last annual consolidated financial statements as at and for the year ended 31 December 2024 ('last annual financial statements'). They do not include all the information required for a complete set of financial statements prepared in accordance with IFRS<sup>â</sup> Accounting Standards. However, selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Group's financial position and performance since the last annual financial statements.

These unaudited condensed consolidated interim financial statements were authorized for issue by the Parent Company's Board of Directors on August 12, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;2.1 Seasonality of operations

The business activities carried on by the Group entities, and their transactions are not highly cyclical or seasonal in nature.

&nbsp;&nbsp;&nbsp;&nbsp;2.2 Accounting standards issued but not yet effective

A number of new accounting standards and amendments to accounting standards are effective for annual reporting periods beginning after January 1, 2025 and earlier application is permitted. However, the Group has not early adopted any of the forthcoming new or amended accounting standards in preparing these unaudited condensed consolidated interim financial statements.

---

| | |
|:---|:---|
| 8 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

3. Functional and presentation currency

The unaudited condensed consolidated interim financial statements of the Parent Company, along with those of its subsidiaries, are measured using the currency of the primary economic environment in which each entity operates, referred to as the "functional currency." For the Parent Company, this functional currency is the Brazilian Reais (R$). For presentation purposes, these unaudited condensed consolidated interim financial statements are expressed in United States dollars (US$).

4. Use of judgements and estimates

In preparing these interim financial statements, management has made judgements and estimates about the future, that affect the application of the Group's accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates.

The significant judgements made by management in applying the Group's accounting policies and the key sources of estimation uncertainty were the same as those described in the last annual financial statements.

**4.1 Measurement of fair value**

There were no changes in the Group's valuation processes, valuation techniques, and types of inputs used in the fair value measurements during the period. When available, observable market data is used, and third-party valuations are assessed to ensure compliance with accounting standards and appropriate classification within the fair value hierarchy. Fair values are categorized into Level 1 (quoted prices in active markets) and Level 2 (observable inputs other than quoted prices). The Group does not hold assets or liabilities that are categorized within Level 3 of the fair value hierarchy, which involves unobservable inputs. There were no transfers between Level 1 and Level 2 fair value measurements during the period, and no transfers into or out of Level 3 fair value measurements during 2025.

5. Changes in accounting policies

The Group did not have any changes to its accounting policies from those applied in the consolidated financial statements as at and for the year ended December 31, 2024, since the amendments to IFRS Accounting Standards that apply for the first time in 2025 do not have an impact on the interim condensed consolidated financial statements.

---

| | |
|:---|:---|
| 9 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

6. Cash and cash equivalents

---

| | | | |
|:---|:---|:---|:---|
|  | **Weighted average rate (p. a.)** | **June 30, 2025** | **December 31, 2024** |
| Cash and cash equivalents |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8708 |
| Short-term financial investments |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term financial investments – Brazilian Reais | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term financial investments – US dollars | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term financial investments – Pound sterling | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term financial investments – Canadian Dollar | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Short-term financial investments – Chinese Yuan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936 |  |
| **Total** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**58643** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**56621** |

---

7. Accounts receivable and contract assets

The balances of accounts receivable and contract assets are presented as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**December 31, 2024** |
| &nbsp;&nbsp;&nbsp;&nbsp;**In US$ – from United States based customers** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable | &nbsp;&nbsp;&nbsp;&nbsp;38394 | &nbsp;&nbsp;&nbsp;&nbsp;58777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Contract assets | &nbsp;&nbsp;&nbsp;&nbsp;14730 | &nbsp;&nbsp;&nbsp;&nbsp; 6966 |
| &nbsp;&nbsp;&nbsp;&nbsp;**In R$ – from Brazil based customers** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable | &nbsp;&nbsp;&nbsp;&nbsp;29885 | &nbsp;&nbsp;&nbsp;&nbsp;26562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Contract assets | &nbsp;&nbsp;&nbsp;&nbsp;27776 | &nbsp;&nbsp;&nbsp;&nbsp; 12607 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Other currencies - from other foreign based customers** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable | &nbsp;&nbsp;&nbsp;&nbsp;6382 | &nbsp;&nbsp;&nbsp;&nbsp;11122 |
| &nbsp;&nbsp;&nbsp;&nbsp; Contract assets | &nbsp;&nbsp;&nbsp;&nbsp;6232 | &nbsp;&nbsp;&nbsp;&nbsp; 2819 |
| &nbsp;&nbsp;&nbsp;&nbsp;(-) Expected credit losses | &nbsp;&nbsp;&nbsp;&nbsp;(2987) | &nbsp;&nbsp; (2880) |
| &nbsp;&nbsp;**Accounts receivable and contract assets, net** | &nbsp;&nbsp;&nbsp;&nbsp;**120412** | &nbsp;&nbsp;**115973** |

---

The balance of accounts receivable by maturity date is as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**December 31, 2024** |
| &nbsp;&nbsp;**Current** | &nbsp;&nbsp;116936 | &nbsp;&nbsp;107491 |
| &nbsp;&nbsp;**Overdue:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;from 1 to 60 days | &nbsp;&nbsp;3351 | &nbsp;&nbsp; 8860 |
| &nbsp;&nbsp;&nbsp;&nbsp;61 to 360 days | &nbsp;&nbsp;734 | &nbsp;&nbsp; 2430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Over 360 days | &nbsp;&nbsp;2378 | &nbsp;&nbsp; 72 |
| &nbsp;&nbsp;(-) Expected credit losses | &nbsp;&nbsp;(2987) | &nbsp;&nbsp; (2880) |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**120412** | &nbsp;&nbsp;**115973** |

---

By July 25, 2025, of the total amount overdue for up to 60 days, the amount of US$2,032 has already been received.

---

| | |
|:---|:---|
| 10 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

The rollforward of the allowance for expected losses is as follows:<br>

---

| | |
|:---|:---|
|  | **Expected credit losses** |
| **December 31, 2024** | **(2880)** |
| Provision | (376) |
| Reversal | 615 |
| Translation to presentation currency | (346) |
| **June 30, 2025** | **(2987)** |

---

As of June 30, 2025, the average expected credit loss rate under the method applied by the Group was 0.02% (0.02% as of December 31, 2024), except for certain customers with impairment of 100%, resulting in an expected credit loss amounting to US$2,967 (of the total of US$2,987). As of December 31, 2024, the exception pertains to certain customers with impairment ranging from 80% to 100%, resulting in a total impairment amount of US$2,609 (of the total of US$2,880).

---

| | |
|:---|:---|
| 11 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

8. Property and equipment

The rollforward in the balances are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cost** | **Weighted average rate (p. a.)** | **December 31, 2024** | **Additions** | **Disposals** | **Transfers** | **Translation to presentation currency** | **June 30, 2025** |
| IT equipment |  | 14131 | 2027 | (504) |  | 1939 | 17593 |
| Leasehold improvements |  | 3613 | 31 |  | 35 | 410 | 4089 |
| Furniture and fixtures |  | 1188 | 11 | (13) | 1 | 136 | 1323 |
| In progress |  | 35 | 30 |  | (36) |  | 29 |
|  |  | **18967** | **2099** | **(517)** | **-** | **2485** | **23034** |
| **Depreciation** |  |  |  |  |  |  |  |
| IT equipment | 20.23% | (9810) | (1223) | 503 |  | (1400) | (11930) |
| Leasehold improvements | 13.92% | (2518) | (259) |  |  | (315) | (3092) |
| Furniture and fixtures | 10.04% | (743) | (69) | 10 |  | (105) | (907) |
|  |  | **(13071)** | **(1551)** | **513** | **-** | **(1820)** | **(15929)** |
| **Total** |  | **5896** | **548** | **(4)** | **-** | **665** | **7105** |

---

The Group does not have property or equipment pledged as collateral.

---

| | |
|:---|:---|
| 12 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

9. Intangible assets and goodwill

The rollforward of intangible assets is as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cost** | **Weighted average rate (p. a.)** | **December 31, 2024** | **Additions** | <br>**Disposals** | **Transfers** | **Translation to presentation currency** | **Jun 30, 2025** |
| Customer relationship |  | 55766 |  |  |  | 3264 | 59030 |
| Software |  | 11844 | 134 |  | 3295 | 1651 | 16924 |
| Software in progress |  | 2176 | 4345 | (41) | (3295) | 386 | 3571 |
| Non-compete agreement |  | 2125 |  |  |  | 328 | 2453 |
| Other |  | 5478 |  |  |  | 801 | 6279 |
| Goodwill |  | 260766 |  |  |  | 19502 | 280267 |
|  |  | **338155** | **4479** | **(41)** | **-** | **25932** | **368524** |
| **Amortization** |  |  |  |  |  |  |  |
| Customer relationship | 13.10% | (17668) | (3691) |  |  | (1437) | (22796) |
| Software | 27.23% | (5157) | (1433) |  |  | (726) | (7316) |
| Non-compete agreement | 20.00% | (1350) | (264) |  |  | (237) | (1851) |
| Other | 5.00% | (4696) | (24) |  |  | (697) | (5417) |
|  |  | **(28871)** | **(5412)** | **-** | **-** | **(3097)** | **(37380)** |
| **Total** |  | **309284** | **(933)** | **(41)** | **-** | **22835** | **331144** |

---

---

| | |
|:---|:---|
| 13 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

10. Loans and borrowings

The rollfoward of loans and borrowings is set forth below:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Average effective interest rate p.a.** | &nbsp;&nbsp;**Year of maturity** | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**Proceeds from loans and borrowings** | &nbsp;&nbsp;**Payments of loans and borrowings** | &nbsp;&nbsp;**Interest paid** | &nbsp;&nbsp;**Interest expenses** | &nbsp;&nbsp;**Exchange rate changes** | &nbsp;&nbsp;**Translation to presentation currency** | &nbsp;&nbsp;**June 30, 2025** |
| &nbsp;&nbsp;**In US$** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Advance on foreign exchange contract | &nbsp;&nbsp;5.15% to 6.31% | &nbsp;&nbsp;2025 to 2026 | &nbsp;&nbsp;10297 | &nbsp;&nbsp;24722 | &nbsp;&nbsp;(9926) | &nbsp;&nbsp;(568) | &nbsp;&nbsp;323 | &nbsp;&nbsp;(1231) | &nbsp;&nbsp;1436 | &nbsp;&nbsp;**25053** |
| &nbsp;&nbsp;Export credit note | &nbsp;&nbsp;6.74% | &nbsp;&nbsp;2026 | &nbsp;&nbsp;16746 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(575) | &nbsp;&nbsp;553 | &nbsp;&nbsp;(2096) | &nbsp;&nbsp;2103 | &nbsp;&nbsp;**16731** |
| &nbsp;&nbsp;Working capital loan | &nbsp;&nbsp;5.02% to 7.23% | &nbsp;&nbsp;2026 to 2028 | &nbsp;&nbsp;76497 | &nbsp;&nbsp;- | &nbsp;&nbsp;(8465) | &nbsp;&nbsp;(1744) | &nbsp;&nbsp;2529 | &nbsp;&nbsp;- | &nbsp;&nbsp;3 | &nbsp;&nbsp;**68820** |
|  |  |  | &nbsp;&nbsp;**103540** | &nbsp;&nbsp;**24722** | &nbsp;&nbsp;**(18391)** | &nbsp;&nbsp;**(2887)** | &nbsp;&nbsp;**3405** | &nbsp;&nbsp;**(3327)** | &nbsp;&nbsp;**3542** | &nbsp;&nbsp;**110604** |
| &nbsp;&nbsp;**In R$** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Export credit note | &nbsp;&nbsp;15.63% | &nbsp;&nbsp;2026 to 2028 | &nbsp;&nbsp;35195 | &nbsp;&nbsp;- | &nbsp;&nbsp;(2786) | &nbsp;&nbsp;(2562) | &nbsp;&nbsp;2542 | &nbsp;&nbsp;- | &nbsp;&nbsp;4538 | &nbsp;&nbsp;**36927** |
|  |  |  | &nbsp;&nbsp;**35195** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**(2786)** | &nbsp;&nbsp;**(2562)** | &nbsp;&nbsp;**2542** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**4538** | &nbsp;&nbsp;**36927** |
| &nbsp;&nbsp;**Total** |  |  | &nbsp;&nbsp;**138735** | &nbsp;&nbsp;**24722** | &nbsp;&nbsp;**(21177)** | &nbsp;&nbsp;**(5449)** | &nbsp;&nbsp;**5947** | &nbsp;&nbsp;**(3327)** | &nbsp;&nbsp;**8080** | &nbsp;&nbsp;**147531** |
| &nbsp;&nbsp;**Current** |  |  | &nbsp;&nbsp;**46227** |  |  |  |  |  |  | &nbsp;&nbsp;**65829** |
| &nbsp;&nbsp;**Non-current** |  |  | &nbsp;&nbsp;**92508** |  |  |  |  |  |  | &nbsp;&nbsp;**81702** |

---

The loans and borrowings are not secured by property and equipment or accounts receivable.

---

| | |
|:---|:---|
| 14 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 Advances on foreign exchange contract

On June 16, 2025, the subsidiary CI&T Brazil obtained funding of US$24,722 at a nominal annual interest rate of 5.15%. The principal and interest are due in a single installment in June 2026. The proceeds will be used for general corporate purposes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 Covenants

The Group has restrictive clauses covenants in some of its loans and financing agreements, as disclosed in the annual financial statements of December 31, 2024, and summarized below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Restrictive clause related to:** | &nbsp;&nbsp;**Measurement frequency** | &nbsp;&nbsp;**Indicators** | &nbsp;&nbsp; **Required** | &nbsp;&nbsp;**Result** |
| &nbsp;&nbsp;Export credit note | &nbsp;&nbsp;Annual | &nbsp;&nbsp;Net debt<sup>(a)</sup>/ EBITDA<sup>(b)</sup> | &nbsp;&nbsp;Less than or equal to 3.0X | &nbsp;&nbsp;In compliance |
| &nbsp;&nbsp;Working capital | &nbsp;&nbsp;Annual | &nbsp;&nbsp;Net debt<sup>(a)</sup>/ EBITDA<sup>(a)</sup> | &nbsp;&nbsp;Less than or equal to 3.0X | &nbsp;&nbsp;In compliance |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Net debt means total loans, less cash and cash equivalents.

(b) As defined in the debt agreements, EBITDA means earnings before interest, tax, depreciation and amortization, where interest refers to net finance costs.

The Group's financial covenants are measured at year end based on the provisions of the debt arrangements.

The early maturity of the loans could be also caused by disposal, merger, incorporation, spin-off, or any other corporate reorganization process that implies a change in the shareholding controls, without prior consent from the creditor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3 Loans and borrowings maturity

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Maturity** | **1 month** | **1 - 3 months** | **3 - 6 months** | **6 - 12 months** | **1 - 3 years** | **3 - 5 years** | **Total** |
| Loans and borrowings | 14314 | 339 | 11489 | 39687 | 65571 | 16131 | **147531** |

---

11. Derivatives

The Group holds derivative financial instruments to hedge its interest rate risk exposure.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**June 30, 2025** |
| &nbsp;&nbsp;**Maturity** | &nbsp;&nbsp;**Notional in US$** | &nbsp;&nbsp;**Floating rate receivable** | &nbsp;&nbsp;**Fixed rate payable** | &nbsp;&nbsp;**Fair value** |
| &nbsp;&nbsp;07/16/2026 | &nbsp;&nbsp; 16500 | &nbsp;&nbsp;SOFR<sup>(a)</sup> overnight | &nbsp;&nbsp;3.09% | &nbsp;&nbsp; 417 |
| &nbsp;&nbsp;07/07/2026 | &nbsp;&nbsp;7527 | &nbsp;&nbsp;CDI<sup>(b)</sup> | &nbsp;&nbsp;US$ variation + 4.90% | &nbsp;&nbsp; (768) |
| &nbsp;&nbsp;**Total** |  |  |  | &nbsp;&nbsp; **(351)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**December 31, 2024** |
| &nbsp;&nbsp;**Maturity** | &nbsp;&nbsp;**Notional in US$** | &nbsp;&nbsp;**Floating rate receivable** | &nbsp;&nbsp;**Fixed rate payable** | &nbsp;&nbsp;**Fair value** |
| &nbsp;&nbsp;07/16/2026 | &nbsp;&nbsp;16500 | &nbsp;&nbsp;SOFR<sup>(a)</sup> overnight | &nbsp;&nbsp;3.09% | &nbsp;&nbsp;723 |
| &nbsp;&nbsp;07/07/2026 | &nbsp;&nbsp;9287 | &nbsp;&nbsp;CDI<sup>(b)</sup> | &nbsp;&nbsp;US$ variation + 4.90% | &nbsp;&nbsp;(2370) |
| &nbsp;&nbsp;**Total** |  |  |  | &nbsp;&nbsp;**(1647)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) SOFR means Secured Overnight Financing Rate.

&nbsp;&nbsp;&nbsp;&nbsp;(b) CDI means Interbank Deposit Certificate, an average of interbank overnight
rates in Brazil.

---

| | |
|:---|:---|
| 15 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

The rollforward of the derivatives is as follows:

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Interest rate swaps** |
| &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**(1647)** |
| &nbsp;&nbsp;Gains (losses) recognized in the statement of profit or loss | &nbsp;&nbsp;1386 |
| &nbsp;&nbsp;Settlement of derivatives | &nbsp;&nbsp;41 |
| &nbsp;&nbsp;Translation adjustment | &nbsp;&nbsp;(131) |
| &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**(351)** |
| &nbsp;&nbsp;Asset position on derivative financial instruments | &nbsp;&nbsp;417 |
| &nbsp;&nbsp;Liability position on derivative financial instruments | &nbsp;&nbsp;(768) |

---

12. Equity

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.1 Share capital

As of June 30, 2025, the total issued share capital is US$7 with a par value of US$0.00005. The rollforward of share capital is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Amount of** | &nbsp;&nbsp;**Number of ordinary nominative shares** | &nbsp;&nbsp;**Number of ordinary nominative shares** | &nbsp;&nbsp;**Number of ordinary nominative shares** |
|  | &nbsp;&nbsp;**share capital** | &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**Class A** | &nbsp;&nbsp;**Class B** |
| &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**134682256** | &nbsp;&nbsp;**22498572** | &nbsp;&nbsp;**112183684** |
| &nbsp;&nbsp;Treasury shares reserve | &nbsp;&nbsp;**-** | &nbsp;&nbsp;914218 | &nbsp;&nbsp;914218 | &nbsp;&nbsp;**-** |
| &nbsp;&nbsp;Share based compensation | &nbsp;&nbsp;- | &nbsp;&nbsp;(2850) | &nbsp;&nbsp;(2850) | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Equity awards settled in treasury stock | &nbsp;&nbsp;- | &nbsp;&nbsp;(565126) | &nbsp;&nbsp;(565126) | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Share buyback | &nbsp;&nbsp;- | &nbsp;&nbsp;2898220 | &nbsp;&nbsp;2898220 | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Treasury shares reserve | &nbsp;&nbsp;- | &nbsp;&nbsp;(3247312) | &nbsp;&nbsp;(3247312) | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Class B converted to class A | &nbsp;&nbsp;- | &nbsp;&nbsp;(100000) | &nbsp;&nbsp;1307114 | &nbsp;&nbsp;(1407114) |
| &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**7** | &nbsp;&nbsp; **134579406** | &nbsp;&nbsp;**23802836** | &nbsp;&nbsp;**110776570** |

---

According to the Parent Company's Articles of Association, the outstanding Class B common shares are convertible at any time at the option of the holder into Class A common shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.2 Treasury shares reserve

On December 19, 2024, the Board of Directors approved the renewal of the share repurchase program, pursuant to which the Parent Company may repurchase up to five million of its outstanding class A common shares. The rollforward of the treasury shares reserve is as follows:

---

| | | |
|:---|:---|:---|
|  | **Number of shares** | **Amount (in US$)** |
|  **December 31, 2024** | **914218** | **(6457)** |
|  Share buyback | 2898220 | (17592) |
|  Equity awards settled in treasury stock | (565126) | 3902 |
|  **June 30, 2025** | **3247312** | **(20147)** |

---

---

| | |
|:---|:---|
| 16 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

13. Revenue

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.1 Revenue by nature of service

The Group primarily generates revenue through the provision of services summarized by nature in the table below:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Software development revenue | &nbsp;&nbsp;218747 | &nbsp;&nbsp;112413 | &nbsp;&nbsp;205542 | &nbsp;&nbsp;103912 |
| &nbsp;&nbsp;Software maintenance revenue | &nbsp;&nbsp;5063 | &nbsp;&nbsp;2404 | &nbsp;&nbsp;4346 | &nbsp;&nbsp;2257 |
| &nbsp;&nbsp;Consulting revenue | &nbsp;&nbsp;3424 | &nbsp;&nbsp;1959 | &nbsp;&nbsp;3139 | &nbsp;&nbsp;1650 |
| &nbsp;&nbsp;Other revenue | &nbsp;&nbsp;827 | &nbsp;&nbsp;409 | &nbsp;&nbsp;1169 | &nbsp;&nbsp;675 |
| &nbsp;&nbsp;**Total revenue** | &nbsp;&nbsp;**228061** | &nbsp;&nbsp;**117185** | &nbsp;&nbsp;**214196** | &nbsp;&nbsp;**108494** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2 Revenue by industry vertical

The following table sets forth the revenue by industry vertical for the periods indicated:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Financial services | &nbsp;&nbsp;79029 | &nbsp;&nbsp;41782 | &nbsp;&nbsp;60090 | &nbsp;&nbsp;30262 |
| &nbsp;&nbsp;Consumer goods | &nbsp;&nbsp;47823 | &nbsp;&nbsp;24954 | &nbsp;&nbsp;47464 | &nbsp;&nbsp;25259 |
| &nbsp;&nbsp;Retail and industrial goods | &nbsp;&nbsp;48390 | &nbsp;&nbsp;24169 | &nbsp;&nbsp;38589 | &nbsp;&nbsp;20204 |
| &nbsp;&nbsp;Technology and Telecommunications | &nbsp;&nbsp;21600 | &nbsp;&nbsp;10212 | &nbsp;&nbsp;24541 | &nbsp;&nbsp;12299 |
| &nbsp;&nbsp;Life sciences | &nbsp;&nbsp;18519 | &nbsp;&nbsp;9461 | &nbsp;&nbsp;21409 | &nbsp;&nbsp;10430 |
| &nbsp;&nbsp;Others | &nbsp;&nbsp;12700 | &nbsp;&nbsp;6607 | &nbsp;&nbsp;22103 | &nbsp;&nbsp;10040 |
| &nbsp;&nbsp;**Total revenue** | &nbsp;&nbsp;**228061** | &nbsp;&nbsp;**117185** | &nbsp;&nbsp;**214196** | &nbsp;&nbsp;**108494** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.3 Revenue by country

The table below summarizes revenues by country:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Brazil | &nbsp;&nbsp;104205 | &nbsp;&nbsp;54519 | &nbsp;&nbsp;88337 | &nbsp;&nbsp;43373 |
| &nbsp;&nbsp;United States of America | &nbsp;&nbsp;100834 | &nbsp;&nbsp;51775 | &nbsp;&nbsp;92206 | &nbsp;&nbsp;48205 |
| &nbsp;&nbsp;United Kingdom | &nbsp;&nbsp;13571 | &nbsp;&nbsp;6155 | &nbsp;&nbsp;24308 | &nbsp;&nbsp;11965 |
| &nbsp;&nbsp;Other countries | &nbsp;&nbsp;9451 | &nbsp;&nbsp;4736 | &nbsp;&nbsp;9345 | &nbsp;&nbsp;4951 |
| &nbsp;&nbsp;**Total revenue** | &nbsp;&nbsp;**228061** | &nbsp;&nbsp;**117185** | &nbsp;&nbsp;**214196** | &nbsp;&nbsp;**108494** |

---

Revenue by country was determined based on the country in which the sale occurred.

---

| | |
|:---|:---|
| 17 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.4 Revenue by client concentration

The following table sets forth revenue contributed by the top client, and top ten clients for the periods indicated:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Top client | &nbsp;&nbsp;24920 | &nbsp;&nbsp;13162 | &nbsp;&nbsp;13695 | &nbsp;&nbsp;6861 |
| &nbsp;&nbsp;Top 10 clients | &nbsp;&nbsp;97156 | &nbsp;&nbsp;50803 | &nbsp;&nbsp;88587 | &nbsp;&nbsp;45477 |

---

The revenue generated from one single customer represents 10.9% of the Group's total revenues as of June 30, 2025 (6.4% as of June 30, 2024).

14. Expenses by nature

Information on the nature of expenses recognized in the unaudited condensed consolidated interim statement of profit or loss is presented below:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Employee expenses | &nbsp;&nbsp;(167139) | &nbsp;&nbsp;(84743) | &nbsp;&nbsp;(157561) | &nbsp;&nbsp;(78179) |
| &nbsp;&nbsp;Third-party services and other inputs | &nbsp;&nbsp;(13525) | &nbsp;&nbsp;(7094) | &nbsp;&nbsp;(12054) | &nbsp;&nbsp;(6230) |
| &nbsp;&nbsp;Depreciation and amortization | &nbsp;&nbsp;(9002) | &nbsp;&nbsp;(4605) | &nbsp;&nbsp;(8903) | &nbsp;&nbsp;(4485) |
| &nbsp;&nbsp;Share-based compensation | &nbsp;&nbsp;(2384) | &nbsp;&nbsp;(1423) | &nbsp;&nbsp;(2029) | &nbsp;&nbsp;(1267) |
| &nbsp;&nbsp;Travel expenses | &nbsp;&nbsp;(2528) | &nbsp;&nbsp;(1458) | &nbsp;&nbsp;(2072) | &nbsp;&nbsp;(1073) |
| &nbsp;&nbsp;Impairment gains (losses) on accounts receivable and contract assets | &nbsp;&nbsp;239 | &nbsp;&nbsp;(92) | &nbsp;&nbsp;(520) | &nbsp;&nbsp;(148) |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;(729) | &nbsp;&nbsp;(379) | &nbsp;&nbsp;(809) | &nbsp;&nbsp;(404) |
| &nbsp;&nbsp;Short-term leases | &nbsp;&nbsp;(536) | &nbsp;&nbsp;(269) | &nbsp;&nbsp;(476) | &nbsp;&nbsp;(230) |
| &nbsp;&nbsp;Other costs and expenses <sup>(a)</sup> | &nbsp;&nbsp;(2746) | &nbsp;&nbsp;(1622) | &nbsp;&nbsp;(4548) | &nbsp;&nbsp;(1656) |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**(198350)** | &nbsp;&nbsp;**(101685)** | &nbsp;&nbsp;**(188972)** | &nbsp;&nbsp;**(93672)** |

---

(a) In 2024, the costs primarily consist of business restructuring expenses related to our subsidiaries in the United Kingdom, Canada and Australia, which amounted to US$1,235.

---

| | |
|:---|:---|
| 18 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

15. Net finance costs

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;***Finance income:*** | &nbsp;&nbsp;**9542** | &nbsp;&nbsp;**4730** | &nbsp;&nbsp;**6657** | &nbsp;&nbsp;**4497** |
| &nbsp;&nbsp;Foreign-exchange gain | &nbsp;&nbsp;4590 | &nbsp;&nbsp;2554 | &nbsp;&nbsp;3853 | &nbsp;&nbsp;3233 |
| &nbsp;&nbsp;Income from financial investments | &nbsp;&nbsp;1989 | &nbsp;&nbsp;1019 | &nbsp;&nbsp;760 | &nbsp;&nbsp;360 |
| &nbsp;&nbsp;Gains on derivatives | &nbsp;&nbsp;2284 | &nbsp;&nbsp;927 | &nbsp;&nbsp;757 | &nbsp;&nbsp;425 |
| &nbsp;&nbsp;Interest income on other assets | &nbsp;&nbsp;603 | &nbsp;&nbsp;218 | &nbsp;&nbsp;775 | &nbsp;&nbsp;263 |
| &nbsp;&nbsp;Other finance income | &nbsp;&nbsp;76 | &nbsp;&nbsp;12 | &nbsp;&nbsp;512 | &nbsp;&nbsp;216 |
| &nbsp;&nbsp;***Finance costs:*** | &nbsp;&nbsp;**(12302)** | &nbsp;&nbsp;**(5746)** | &nbsp;&nbsp;**(11378)** | &nbsp;&nbsp;**(6720)** |
| &nbsp;&nbsp;Interest and charges on loans and leases | &nbsp;&nbsp;(6320) | &nbsp;&nbsp;(3207) | &nbsp;&nbsp;(7134) | &nbsp;&nbsp;(3572) |
| &nbsp;&nbsp;Foreign-exchange loss | &nbsp;&nbsp;(4364) | &nbsp;&nbsp;(1777) | &nbsp;&nbsp;(1551) | &nbsp;&nbsp;(1058) |
| &nbsp;&nbsp;Loss on derivatives | &nbsp;&nbsp;(898) | &nbsp;&nbsp;(364) | &nbsp;&nbsp;(1867) | &nbsp;&nbsp;(1583) |
| &nbsp;&nbsp;Interest expenses on other liabilities | &nbsp;&nbsp;(373) | &nbsp;&nbsp;(203) | &nbsp;&nbsp;(380) | &nbsp;&nbsp;(181) |
| &nbsp;&nbsp;Other finance costs | &nbsp;&nbsp;(347) | &nbsp;&nbsp;(195) | &nbsp;&nbsp;(446) | &nbsp;&nbsp;(326) |
| &nbsp;&nbsp;**Net finance costs** | &nbsp;&nbsp;**(2760)** | &nbsp;&nbsp;**(1016)** | &nbsp;&nbsp;**(4721)** | &nbsp;&nbsp;**(2223)** |

---

16. Income tax expense

Income tax expense recognized in profit or loss for the periods are shown as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Current | &nbsp;&nbsp;(2832) | &nbsp;&nbsp;(1521) | &nbsp;&nbsp;(4221) | &nbsp;&nbsp;(2511) |
| &nbsp;&nbsp;Deferred | &nbsp;&nbsp;(6930) | &nbsp;&nbsp;(3221) | &nbsp;&nbsp;(2449) | &nbsp;&nbsp;(777) |
| &nbsp;&nbsp;**Total income tax expense** | &nbsp;&nbsp;**(9762)** | &nbsp;&nbsp;**(4742)** | &nbsp;&nbsp;**(6670)** | &nbsp;&nbsp;**(3288)** |

---

---

| | |
|:---|:---|
| 19 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

16.1 Effective tax rate reconciliation

The nominal tax rate was computed based on the Brazilian tax law, taking into account the combined income tax and social contribution tax rate given that Brazil is currently the main operation of the Group. The reconciliation of the effective tax rate with the average nominal tax rate is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;**Profit before income tax** | &nbsp;&nbsp;**26951** | &nbsp;&nbsp;**14484** | &nbsp;&nbsp;**20503** | &nbsp;&nbsp;**12599** |
| &nbsp;&nbsp;Nominal income tax rate | &nbsp;&nbsp;34% | &nbsp;&nbsp;34% | &nbsp;&nbsp;34% | &nbsp;&nbsp;34% |
| &nbsp;&nbsp;**Tax expenses per nominal income tax rate** | &nbsp;&nbsp;**(9163)** | &nbsp;&nbsp;**(4925)** | &nbsp;&nbsp;**(6971)** | &nbsp;&nbsp;**(4284)** |
| &nbsp;&nbsp;Tax benefits incentives | &nbsp;&nbsp;191 | &nbsp;&nbsp;65 | &nbsp;&nbsp;604 | &nbsp;&nbsp;557 |
| &nbsp;&nbsp;Tax rate differences on subsidiaries | &nbsp;&nbsp;1473 | &nbsp;&nbsp;807 | &nbsp;&nbsp;266 | &nbsp;&nbsp;(138) |
| &nbsp;&nbsp;Permanent differences | &nbsp;&nbsp;(372) | &nbsp;&nbsp;(139) | &nbsp;&nbsp;(569) | &nbsp;&nbsp;(94) |
| &nbsp;&nbsp;Other | &nbsp;&nbsp;(411) | &nbsp;&nbsp;39 | &nbsp;&nbsp;- | &nbsp;&nbsp;- |
| &nbsp;&nbsp;Tax losses for which no deferred tax asset is recognized | &nbsp;&nbsp;(1480) | &nbsp;&nbsp;(589) | &nbsp;&nbsp;- | &nbsp;&nbsp;671 |
| &nbsp;&nbsp;**Income tax expense** | &nbsp;&nbsp;**(9762)** | &nbsp;&nbsp;**(4742)** | &nbsp;&nbsp;**(6670)** | &nbsp;&nbsp;**(3288)** |
| &nbsp;&nbsp;**Effective rate** | &nbsp;&nbsp;**36%** | &nbsp;&nbsp;**33%** | &nbsp;&nbsp;**33%** | &nbsp;&nbsp;**26%** |

---

---

| | |
|:---|:---|
| 20 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

16.2 Movement in deferred tax balances

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2024** | **Recognized in profit or loss** | **Reclassification** | **Translation to presentation currency** | **June 30, 2025** | **Assets** | **Liabilities** |
|  Goodwill | (22009) | (4265) |  | (2840) | (29114) |  | (29114) |
|  Provisions | 1654 | 74 |  | 164 | 1892 | 1892 |  |
|  Property and equipment | 1316 | 275 |  | 58 | 1649 | 1649 |  |
|  Derivatives | 560 | (496) |  | 55 | 119 | 119 |  |
|  Bonus accrued | 2260 | (1576) |  | 208 | 892 | 892 |  |
|  Intangible assets | (2065) | 95 |  | (275) | (2245) |  | (2245) |
|  Share-based compensation | 2101 | 6 |  | 130 | 2237 | 2237 |  |
|  Lease | 406 | (176) |  | 28 | 258 | 258 |  |
|  Other temporary differences | 922 | (867) | (31) | 45 | 69 | 69 |  |
| **Total** | **(14855)** | **(6930)** | **(31)** | **(2427)** | **(24243)** | **7116** | **(31359)** |
| Set-off of tax |  |  |  |  |  | (6544) | 6544 |
| **Net tax assets (liabilities)** |  |  |  |  | **(24243)** | **572** | **(24815)** |

---

---

| | |
|:---|:---|
| 21 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

17. Financial instruments – fair values

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17.1 Accounting classification and fair values

The following table presents the carrying amounts and fair values of financial assets and financial liabilities, along with their respective levels in the fair value hierarchy. It excludes fair value information for financial assets and financial liabilities that are not measured at fair value, provided the carrying amount is a reasonable approximation of fair value.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | &nbsp;&nbsp;**June 30, 2025** | &nbsp;&nbsp;**June 30, 2025** |
| &nbsp;&nbsp;**Financial assets** | &nbsp;&nbsp;**Note** | &nbsp;&nbsp;**Level** | &nbsp;&nbsp;**Fair value** | &nbsp;&nbsp;**Carrying amount** |
| &nbsp;&nbsp;Derivative financial instruments | &nbsp;&nbsp;11 | &nbsp;&nbsp;2 | &nbsp;&nbsp;417 | &nbsp;&nbsp;417 |
| &nbsp;&nbsp;Cash and cash equivalents | &nbsp;&nbsp;6 | &nbsp;&nbsp;1 | &nbsp;&nbsp;58643 | &nbsp;&nbsp;58643 |
| &nbsp;&nbsp;**Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;Derivative financial instruments | &nbsp;&nbsp;11 | &nbsp;&nbsp;2 | &nbsp;&nbsp;(768) | &nbsp;&nbsp;(768) |
| &nbsp;&nbsp;Loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;2 | &nbsp;&nbsp;(145470) | &nbsp;&nbsp;(147531) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | &nbsp;&nbsp;**December 31, 2024** | &nbsp;&nbsp;**December 31, 2024** |
| &nbsp;&nbsp;**Financial assets** | &nbsp;&nbsp;**Note** | &nbsp;&nbsp;**Level** | &nbsp;&nbsp;**Fair value** | &nbsp;&nbsp;**Carrying amount** |
| &nbsp;&nbsp;Derivative financial instruments | &nbsp;&nbsp;11 | &nbsp;&nbsp;2 | &nbsp;&nbsp;723 | &nbsp;&nbsp;723 |
| &nbsp;&nbsp;Cash and cash equivalents | &nbsp;&nbsp;6 | &nbsp;&nbsp;1 | &nbsp;&nbsp;56621 | &nbsp;&nbsp;56621 |
| &nbsp;&nbsp;**Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;Derivative financial instruments | &nbsp;&nbsp;11 | &nbsp;&nbsp;2 | &nbsp;&nbsp;(2370) | &nbsp;&nbsp;(2370) |
| &nbsp;&nbsp;Loans and borrowings | &nbsp;&nbsp;10 | &nbsp;&nbsp;2 | &nbsp;&nbsp;(136608) | &nbsp;&nbsp;(138735) |

---

18. Related parties

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.1 Transactions with key management personnel

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six months ended June 30, 2025** | &nbsp;&nbsp;**Three months ended June 30, 2025** | &nbsp;&nbsp;**Six months ended June 30, 2024** | &nbsp;&nbsp;**Three months ended June 30, 2024** |
| &nbsp;&nbsp;Direct compensation | &nbsp;&nbsp;1121 | &nbsp;&nbsp;447 | &nbsp;&nbsp;909 | &nbsp;&nbsp;455 |
| &nbsp;&nbsp;Share-based compensation program | &nbsp;&nbsp;51 | &nbsp;&nbsp;32 | &nbsp;&nbsp;21 | &nbsp;&nbsp;18 |

---

The Group has no additional post-employment obligation, as well as no other long-term benefits, such as premium leave and other severance benefits. The Group also does not offer other benefits in connection with the dismissal of its Senior Management's members. These expenses are recognized in general and administrative expenses.

19. Operating segments

Operating segments are defined based on business activities that reflect how the Chief Operating Decision Maker ("CODM") reviews financial information within the decision-making process.

The Group's CODM is the Group's Board of Director. The CODM oversees operational decisions related to resource allocation and performance evaluation. The CODM considers the whole Group as a single operating and reportable segment, monitoring operations, making decisions on fund allocation and evaluating performance based on a single operating segment.

---

| | |
|:---|:---|
| 22 | ![](cintfs2q256k_001.jpg) |

---

---

| | |
|:---|:---|
| ![](cintfs2q256k_002.jpg) | **CI&T Inc.**<br>**Notes to the unaudited condensed consolidated interim financial statements** <br>June 30, 2025<br>(In thousands of United States dollars – US$, unless otherwise indicated) |

---

20. Non-cash transaction

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Additions of property and equipment** | &nbsp;&nbsp;**Additions and disposals of right-of-use assets** | &nbsp;&nbsp;**Share-based compensation exercised** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Property and equipment | &nbsp;&nbsp;264 | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;264 |
| &nbsp;&nbsp;Right-of-use assets | &nbsp;&nbsp;- | &nbsp;&nbsp;1270 | &nbsp;&nbsp;- | &nbsp;&nbsp;1270 |
| &nbsp;&nbsp;Suppliers and other payables | &nbsp;&nbsp;(264) | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(264) |
| &nbsp;&nbsp;Lease liabilities | &nbsp;&nbsp;- | &nbsp;&nbsp;(1270) | &nbsp;&nbsp;- | &nbsp;&nbsp;(1270) |
| &nbsp;&nbsp;Equity settled share-based payment exercised | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;(3902) | &nbsp;&nbsp;(3902) |
| &nbsp;&nbsp;Treasury shares reissued | &nbsp;&nbsp;- | &nbsp;&nbsp;- | &nbsp;&nbsp;3902 | &nbsp;&nbsp;3902 |
| &nbsp;&nbsp;**Balance as of June 30, 2025** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Additions of property and equipment** | &nbsp;&nbsp;**Additions and disposals of right-of-use assets** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Property and equipment | &nbsp;&nbsp;17 | &nbsp;&nbsp;- | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Right-of-use assets | &nbsp;&nbsp;- | &nbsp;&nbsp;3894 | &nbsp;&nbsp;3894 |
| &nbsp;&nbsp;Suppliers and other payables | &nbsp;&nbsp;(17) | &nbsp;&nbsp;- | &nbsp;&nbsp;(17) |
| &nbsp;&nbsp;Lease liabilities | &nbsp;&nbsp;- | &nbsp;&nbsp;(3894) | &nbsp;&nbsp;(3894) |
|  |  | &nbsp;&nbsp;- |  |
| &nbsp;&nbsp;**Balance as of June 30, 2024** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** | &nbsp;&nbsp;**-** |

---

---

| | |
|:---|:---|
| 34 | ![](cintfs2q256k_001.jpg) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 13, 2025

---

| | |
|:---|:---|
| **CI&T Inc** | **CI&T Inc** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Stanley Rodrigues |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Stanley Rodrigues |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Chief Financial Officer |

---