Hindiana Group Signs Agreement to Acquire a Controlling Stake in Neogrid

In addition to announcing the agreement with the family holding company that controls Neogrid—subject to final approvals by the relevant regulatory authorities—Hindiana also announces its intention to take the company private through a Public Tender Offer (OPA – Oferta Pública de Aquisição de Ações).

SÃO PAULO – December 22, 2025 – Hindiana Group, through Dalpe Gestão e Participações Ltda.—which acts as a market developer by investing in innovative companies across sectors such as retail, technology, and financial services—announces that it has reached an agreement with the family holding company Yafo that may result in the acquisition of control of Neogrid and a reconfiguration of its governance structure. The announcement is being made jointly, and the transaction, valued at BRL 150 million, is subject to approval by regulatory authorities and to the fulfillment of the success conditions of the Public Tender Offer to be launched by Dalpe.

Neogrid is a technology company that provides solutions and intelligence for automated supply chain management and retail execution. It leverages artificial intelligence, big data, and cutting-edge technology to connect manufacturers, distributors, and retailers, enabling its clients to optimize processes to sell more, with greater efficiency and minimal losses.

Neogrid is one of Brazil’s leading and pioneering companies in EDI (Electronic Data Interchange) solutions—covering the electronic exchange of orders and documents—and also offers a broad portfolio of demand and inventory planning, replenishment, and monitoring of physical and digital shelf availability, among other solutions. As such, it is a key company for the strategy and operational routines of large corporations.

The company was founded 26 years ago by entrepreneur Miguel Abuhab, who will serve as Executive Chairman and lead the Innovation Committee, working in collaboration with the current CEO, Nicolas Simone, and the entire executive leadership team. Abuhab is a recognized reference in this segment, known for his visionary and innovative mindset. Prior to Neogrid, Miguel Abuhab founded Datasul.

“We are all very proud and optimistic about this transaction with Hindiana Group, which has an unquestionable reputation and represents a significant growth lever for Neogrid,” said Abuhab. Neogrid holds a large-scale data network across the supply chain and serves the most relevant retail, industrial, and distribution companies in Brazil, in addition to operating internationally. As such, the transaction with Hindiana Group represents a strong alignment of ideals and interests for both parties.

“We have always operated at the forefront of technology and collaboration, encouraging all links in the consumer chain to sell more with higher margins. No company can afford to miss the opportunity to reinvent itself to further expand its relevance—especially in the segments it serves—by focusing increasingly on the success of its clients,” added Miguel Abuhab.

The entire negotiation process was focused on aligning long-term vision, market opportunities, and the goal of preserving Neogrid’s expertise and brand excellence since its inception. “This DNA is Neogrid’s essence, and we will pursue joint governance, granting autonomy and further fostering this innovative capacity,” said Maurício Nicoletto, Partner and Head of Investments at Hindiana Group.

According to him, Neogrid’s competitive edge in supply chain management will be further strengthened through the increasing application of artificial intelligence to processes and data. “Our strategy will always be, jointly, to deepen value delivery in replenishment solutions for

manufacturers, distributors, and retailers, enhancing our clients’ competitiveness and enabling sustainable growth,” he stated.

Maurício Nicoletto also emphasized that Hindiana Group’s growth has a single purpose: to deliver an increasingly comprehensive value proposition. “Nothing changes in terms of relationships or priorities across our businesses. We will continue to respect the identity, scope, and area of focus of each company, maintaining strategic clarity and the win-win relationships that have always characterized our partnerships.”

For Neogrid’s Executive Chairman, Miguel Abuhab, “this is undoubtedly a historic transaction. We are convinced that the combination of Hindiana and Neogrid—built on successful entrepreneurial journeys and shared values—will further enhance the quality, longevity, and excellence we have always delivered to our clients and employees.”

About Hindiana Group

Hindiana Group is an investment holding company that operates in partnership with other investment vehicles, focusing on building long-lasting businesses supported by robust governance and solid principles. Hindiana Group’s main investments include: Yandeh, a technology platform focused on optimizing sales processes for consumer goods manufacturers across direct and indirect channels; Rock Encantech, which operates in consumer loyalty and engagement strategies; Alpe, a credit solutions company that boosts manufacturers’ sales to their customers; Cerc, a financial infrastructure company focused on the registration of card receivables and trade receivables; Blu, a B2B payments fintech serving the furniture, mattress, and optical sectors; Athon Energia, an investment platform in renewable energy; and NSTech, a platform providing integrated transportation solutions. Companies controlled by Hindiana Group employ more than 500 people, and when including investments in other companies, this number exceeds 2,000 professionals.

About Neogrid

Neogrid is an ecosystem of solutions that transforms data into insights and technology into actionable power to increase inventory turnover, reduce out-of-stocks, and strengthen collaboration among manufacturers, retailers, and distributors. With an AI-driven transformation strategy and a strong customer-centric focus, Neogrid enables the entire consumer and supply chain to operate in an integrated manner—without shortages or excess—improving product availability in a more efficient, sustainable, and profitable way.