EVTC - Mergers and acquisitions

EVERTEC, Inc. (NYSE:EVTC) ("EVERTEC" or the "Company") today announced that it acquired 100% of Paysmart Pagamentos Eletronicos Ltda ("paySmart"). Headquartered in Porto Alegre, Brazil, paySmart provides issuer processing services and BIN Sponsorship services for prepaid programs under domestic and international schemes in Brazil. The aggregate purchase price is R$130 million, approximately USD$25 million at current exchange rates. Mac Schuessler, Evertec's President and Chief Executive Officer stated, "We are pleased to announce the acquisition of paySmart, which helps us accelerate our expansion in Brazil and compliments our current product offering in this important market." About Ever

EVERTEC, Inc. (NYSE:EVTC) ("Evertec" or the "Company") today announced that the Company has closed the previously announced Popular Transaction and the BBR, SpA ("BBR") acquisition. As part of the Popular Transaction, the Company modified and extended the main commercial agreements with Banco Popular of Puerto Rico ("BPPR") and its parent, Popular, Inc. (NASDAQ:BPOP) ("Popular"). As previously disclosed, the new agreement includes a 10-year extension of the Merchant Acquiring Independent Sales Organization Agreement (the "ISO Agreement"), a 5-year extension of the ATH Network Participation Agreement and a 3-year extension of the Master Services Agreement ("MSA"). The ISO Agreement, which s