MATERIAL FACT

Temporary suspension of operations in shopping malls located in the state of São Paulo

Rio de Janeiro, March 3rd, 2021 - Aliansce Sonae Shopping Centers S.A. ("Aliansce Sonae" or

"Company") (B3: ALSO3) hereby announces to its shareholders and the market in general that, as determined by the local authorities, operations are temporarily suspended, with only essential services activities authorized to operate: (i) in Parque D. Pedro Shopping, from this date until, at least, March 19th, 2021; and, (ii) in the other malls located in the state of São Paulo, from March 6th, 2021 until, at least, March 19th, 2021. These resolutions will be followed by the Company, as well as new resolutions or guidelines from the authorities.

The commercial activities impacted by the abovementioned restrictions will continue to operate with delivery and Drive-Thru & Pick-up activities.

For additional information, contact the Investor Relations area.

Rio de Janeiro, March 3rd, 2021

Daniella de Souza Guanabara Santos

Investor Relations Officer

Investor Relations

Daniella Guanabara / IRO

|

Diego Canuto / IR Manager | Marina Campos / IR Analyst

Phone: +55 (21) 2176-7272

|ri@alianscesonae.com.br| ri.alianscesonae.com.br

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Aliansce Sonae Shopping Centers SA published this content on 03 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2021 21:55:05 UTC.