Resignation of Member of Cielo's Board of Directors

CIELO S.A. (the "Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), in compliance with provisions of Paragraph 4, Article 157 of Law No. 6404/76 and CVM Instruction No. 358/02, informs its shareholders and other stakeholders that Mr. Rogério Magno Panca tendered his letter of resignation as a member of the Company's Board of Directors.

The Board of Directors at a meeting held today accepted the resignation of Mr. Rogério Magno Panca.

Barueri, May 24, 2019.

GUSTAVO HENRIQUE SANTOS DE SOUSA

Chief Financial and Investor Relations Officer

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Cielo SA published this content on 24 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 May 2019 21:52:09 UTC