EVERTEC Awards 135 Scholarships

Announces Initiative with STEM Industry Leaders to Encourage Scholarship Program Diversity

EVERTEC, Inc. EVTC ("Evertec" or the "Company") today announced awarding 135 scholarships to outstanding students from Puerto Rico and Latin America. In the past five years, Evertec has granted more than $500,000 in scholarships to students who are pursuing bachelor's, master's, and doctoral degrees at over 25 universities.

"We are proud to support our future professionals and entrepreneurs, mainly in the STEM industry, which offers great opportunities and possibilities for today's workforce and yields tremendous impact for the communities we serve. The scholarship program eases the financial burden for students so they can focus on their studies, develop their skills, and reach their goals," said Mac Schuessler, President and Chief Executive Officer of Evertec.

Alliance to Encourage Inclusion

The Evertec Scholarship Program, which is now celebrating its fifth anniversary, supports the current and future workforce in the Science, Technology, Engineering and Mathematics (‘STEM') industries by providing assistance and financial aid to undergraduate and graduate students.

As part of its efforts to foster inclusion and equality, Evertec also announced today an initiative with the purpose of increasing women applicants to its Scholarship Program. This initiative will include various female leaders from the STEM industry in Puerto Rico, including Greetchen Díaz, scientist and Program Director at Ciencia Puerto Rico; Patricia Ordoñez, Associate Professor of Computer Sciences at the University of Puerto Rico; and Sofía Stolberg, CEO of Piloto 151. In 2019, the ratio of applications from male students compared to that from female students was 3 to 1.

Dr. Díaz was recently selected, along with 125 other women who work in science across the U.S. and the Caribbean, as ambassador for the American Association for the Advancement of Science (AAAS) with the objective of motivating the next generation of women in STEM.

"It is extremely important that the private sector help create the right conditions so that more girls and women take an interest in STEM careers through initiatives such as this one, providing greater visibility for them to serve as role models for future innovators," said Dr. Díaz.

About Evertec

Evertec EVTC is a leading company that provides transaction processing services in Latin America, featuring a wide range of merchant transaction acquisition, payment processing, and business process management services. The company manages an electronic payment network that processes over 2 billion transactions a year and provides comprehensive processing services for banking solutions, cash handling, and technology outsourcing. Evertec also owns and operates the ATH Network, one of the main PIN debit networks in Latin America. Based in Puerto Rico, it offers services in 26 Latin American countries and serves a broad and diverse portfolio of clients from major financial institutions, businesses, corporations and government agencies, offering mission-critical technology solutions. To learn more, visit www.evertecinc.com.

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