Exhibit 99.1 Report on review of interim condensed consolidated financial statements To the Board of Directors and Shareholders XP Inc. Introduction We have reviewed the accompanying interim condensed consolidated balance sheets of XP Inc. and its subsidiaries ("Company") as at June 30, 2023 and the related interim condensed consolidated statements of income and comprehensive income for the quarter and six-month period then ended, and the interim condensed consolidated statements of changes in equity and ca ...