EVERTEC Awards Over 170 Scholarships

EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) announced today that the Company has awarded over 170 scholarships to university students in Puerto Rico and throughout Latin America in connection with the 7th edition of its Scholarship Program. The Company granted over $185,000 maintaining, for its second consecutive year, equal participation of men and women. Evertec, in alliance with leaders in the technology ecosystem, continues to encourage women concentrating in STEM industries to participate in the program, resulting in diversity and inclusion among the program awardees.

Mac Schuessler, President and CEO stated, “Our society’s transformation caused by the pandemic confirms that technology and STEM disciplines play a major role in improving our daily lives and the communities around us. That is why we at Evertec are convinced that STEM education is key to the sustainable economic development of the countries we operate in. We believe that by contributing to education, we provide the fundamental tools needed to develop our future workforce.”

Diversity, Inclusion, and Equity

According to the UN’s Women’s Report "Women in Science, Technology, Engineering and Mathematics in Latin America and the Caribbean" released on September 15th, 2020, globally only 35% of students in careers and programs in the field of STEM are women. The report also found that in Latin America and the Caribbean, the landscape is more positive since parity among men and women researchers is already being reached, with women accounting for 45% of the total number of researchers in the region. “We are very aware of the urgency that exists to integrate women into STEM careers, not only in Puerto Rico, but in the entire world. So much so that we are pleased confirm once again that we maintained a high participation and parity of women in STEM in our Scholarship program. This demonstrates our continued commitment to diversity and inclusion within the tech industry in line with the results presented above,” stated Alexandra López-Soler, Chief Marketing Officer of Evertec.

Seven Years Supporting Education

The Evertec Scholarship Program, in its seventh year, has awarded 690 scholarships to students of all ages who are studying at the bachelors, master's or doctoral level, for a total investment of over $870,000.

Evertec together with Fundación Comunitaria and Fundación Banco Popular have selected the scholarship recipients since the inception of this program.

Award-winning candidates are students who were accepted to an accredited college or university for a bachelor’s degree or graduate or undergraduate level during the 2021-2022 academic year and met the defined requirements. They will receive a scholarship of $ 1,000 and will also have the opportunity to be considered to participate in the Evertec’s Internship Program. The Scholarship Program is funded by Evertec, its executives and members of Evertec’s Board of Directors.

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 approximately three billion transactions annually. The Company also offers technology outsourcing in all the regions it serves. Based in Puerto Rico, the Company 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.

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