Co-movers

daily closes · 500dMethod

Moved together

VTEXwithMSFT

×0.18co-movement · MSFT on VTEX · 500d

r 0.31scale to r 0.75

No shared co-movers.

VTEX, solidMSFT, hatched× = co-movement · βr = correlationBar = r to r 0.75Source: daily closes

3.96−1.86%· post 3.96· delayed

Mkt cap$697.2MRevenue—Revenue—

MSFTMicrosoft Corp

531.75−0.78%· post 531.32· delayed

After hoursNov 6 '26delayed

Mkt cap$4.0TRevenue$92.3BQ1 FY27Revenue$332BFY26

vs

Compare

After hoursNov 6 '26delayed

vs

MSFTMicrosoft Corp

3.96−1.86%post 3.96delayed

Price

531.75−0.78%post 531.32delayed

$697.2M

Mkt cap

$4.0T

—

Revenue

$92.3BQ1 FY27

—

Revenue

$332BFY26

VTEX compared with MSFT: revenue, margins and what each company keeps, and the suppliers and customers both name