EVERTEC Commits $250,000 in Support of Hurricane Fiona Relief

Rhea-AI Summary

EVERTEC (NYSE: EVTC) announced a donation of up to $250,000 for hurricane relief in Puerto Rico, including support for affected employees. From September 23 to October 7, the company will match online donations made through the ATH Móvil application up to $100,000, with a $5,000 cap per organization. This initiative aims to aid local institutions in recovery efforts post-Hurricane Fiona.

Positive

• Commitment of up to $250,000 in hurricane relief donations.
• Matching donations through ATH Móvil could engage community support.

Negative

• None.

 ATH Móvil To Match Donations Through the Application

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced the Company will donate up to $250,000 for hurricane relief and recovery efforts in Puerto Rico, including assistance to affected employees.

As part of these efforts, starting September 23^rd at 12:01a.m., and for a two-week period ending on 11:59 p.m. October 7^th, Evertec and ATH will launch an initiative to promote online donations through the ATH Móvil application and its “Donate” feature. Through this initiative, the Company will match each dollar donated through the ATH Móvil application to the institutions listed below during the aforementioned period up to a total of $100,000. There will be a cap of $5,000 per organization, subject to fund availability.

Mac Schuessler, President and Chief Executive Officer stated “Hurricane Fiona inflicted hardship on Puerto Rico and the Caribbean, and our hearts go out to those affected. We remain deeply committed to the recovery and I am proud of our colleagues and their efforts to respond to these challenges.”

Selected institutions (and its respective pATH in italics):

Taller Salud / TallerSalud La Fondita de Jesús / LaFonditaDeJesus Techos Pa' Mi Gente / TPMGCorp Rehaciendo Comunidades con Esperanza / REHACE MATRIA / ProyectoMatria Casa Protegida Julia de Burgos / CasaJulia Banco de Alimentos de PR / bancodealimentosdepr Fundación Mochileando / FundacionMochileando Ayuda Legal Puerto Rico / ayudalegalpuertorico Fundacion Pisadas de Amor / FundacionPisadasDeAmor Comedores Sociales de Puerto Rico / ComedoresSocialesPR PlenitudPR / PlenitudPR Puerto Rico Renace, Inc / PUERTORICORENACEINC Red Por La Niñez /AlberguesPR True Self Foundation / TrueSelf

Brownie Blondie Foundation / Brownieblondiefoundation Scuba Dogs Society / Scubadogssociety ConPRmetidos / ConPRmetidos Centros Sor Isolina Ferre / CentrosSorIsolinaFerre Fundación Yo no me quito / yonomequitopr Para La Naturaleza /Paralanaturaleza Hogar Forjadores de Esperanza / HogarForjadores El Comedor de la Kennedy / ElComedordelaKennedy Cáritas Puerto Rico / CaritasPR Hogar Ruth / HogarRuthparaMujeres Save a Sato / saveasato Ciencia en Tus Manos / cienciaentusmanos Iniciativa Comunitaria / IniciativaComunitaria PRoTechos / PROTECHOS Boys and Girls Club / BoysandGirlsClubsdePR Cruz Roja Americana, Capítulo de Puerto Rico / CruzRojaPR

About Evertec

EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction processing business in Puerto Rico, the Caribbean and Latin America, providing a broad range of merchant acquiring, payment services and business process management services. Evertec owns and operates the ATH® network, one of the leading personal identification number (“PIN”) debit networks in Latin America. In addition, the Company manages a system of electronic payment networks and offers a comprehensive suite of services for core banking, cash processing and fulfillment in Puerto Rico, that process over three billion transactions annually. The Company also offers technology outsourcing in all the regions it serves. Based in Puerto Rico, Evertec operates in 26 Latin American countries and serves a diversified customer base of leading financial institutions, merchants, corporations, and government agencies with “mission-critical” technology solutions. For more information, visit www.evertecinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220922005867/en/

Investor Contact

Beatriz Brown-Sáenz

(787) 773-5442

IR@evertecinc.com

Media Contact

Alexandra López-Soler

939-400-6497

Source: EVERTEC

FAQ

What is the total amount EVERTEC is donating for hurricane relief?

EVERTEC is donating up to $250,000 for hurricane relief efforts in Puerto Rico.

When does the donation matching initiative through ATH Móvil start?

The donation matching initiative starts on September 23 and ends on October 7.

How much will EVERTEC match per donation through ATH Móvil?

EVERTEC will match each dollar donated through ATH Móvil up to a total of $100,000.

Is there a cap on the donations matched by EVERTEC?

Yes, there is a cap of $5,000 per organization for the matched donations.