Alpargatas S A : Material Fact - Alpargatas S.A.I.C.

ALPARGATAS S.A.

Publicly-held corporation

CNPJ/MF 61.079.117/0001-05

NIRE 35.300.025.270

MATERIAL FACT

Alpargatas S.A. ("Corporation" or "Alpargatas"), in compliance with the provisions of CVM Resolution No. 44/2021 and regarding the Material Facts disclosed on December 27, 2019 and March 4, 2020, hereby informs its shareholders and the market in general that Mr. Carlos Roberto Wizard Martins ("Buyer") did not make the payment of the first installment of the remaining price relating to the purchase of equity interest of Alpargatas S.A.I.C. ("Remaining Price"), in the amount of R$ R$89,714,272.15, which was due on March 6, 2023, as established in the Purchase and Sale Agreement and Other Covenants entered into between the Corporation and Buyer on September 14, 2018, as amended ("Agreement").

In addition, due to Buyer's non-compliance with the obligations to provide the guarantees set forth in the Agreement, the Corporation declared the early maturity of the outstanding installments of the Remaining Price and filed an enforcement lawsuit against Buyer ("Court Enforcement"). The Court Enforcement, which is currently under seal, seeks to enforce the amount of R$ 266,070,438.92.

The Corporation also informs that Buyer filed an arbitration proceeding with the Center for Arbitration and Mediation of the Brazil-Canada Chamber of Commerce (CAM-CCBC) to discuss the parties' breach of the Agreement ("Arbitration Proceeding"). The Arbitration Proceeding is at an early stage, but, based on the preliminary analysis of the statements by Buyer, the Corporation, together with its legal counsels, believes that Buyer's claims are groundless.

The Corporation notes that it will adopt all reasonable measures to defend its rights in the Court Enforcement and in Arbitration Proceeding, and will communicate any new relevant developments in the cases in question.

São Paulo, March 7, 2023.

Julian Garrido Del Val Neto

Vice President, Finance and Investor Relations