B3 S.A. - Brasil, Bolsa, Balcão
CNPJ nº 09.346.601/0001-25
NIRE 35.300.351.452
NOTICE TO THE MARKET
Datastock acquisition
B3 S.A. - Brasil, Bolsa, Balcão ("Company" or "B3") informs that, on today's date, it has entered into a Private Purchase Agreement ("Agreement") with the purpose of acquiring, by the Company, all the shares representing the capital stock of Datastock Tecnologia e Serviços Ltda. ("Datastock"), a technology company specialized in managing the integration of the inventory of new and used vehicle dealerships.
The estimated value of the acquisition is up to R$80 million, of which R$50 million in cash on the closing date of the transaction and up to R$30 million in earn-out within 5 years from that date, depending on the achievement of certain goals. The final price may have adjustments that are common in transactions of this nature.
The closing of the transaction is subject to the implementation of certain conditions usually precedent in this type of transaction, including its approval by the Brazilian Securities Commission (CVM).
The Company also informs that (i) the acquisition does not represent a relevant investment for the purposes of item I of article 256 of the Brazilian Corporate Law (Corporate Law), and (ii) the terms of the acquisition do not fit any of the criteria established in items "a", "b" or "c" of item II of article 256 of the Brazilian Corporate Law. Thus, the transaction will not depend on ratification by the Company's General Meeting and will not grant shareholders the right to withdraw, in view of the provisions of §2 of article 256 of the Corporate Law and the terms of transactions.
B3's Strategy
The acquisition of Datastock is part of B3's strategy in the vehicle, financing and data & analytics business, expanding its operations in the value chain of this segment, in addition to increasing the mix and potential of data & analytics solutions.
About Datastock
Founded in 2020, Datastock has developed and operates a vehicle transaction information cloud processing system, integrated with the RENAVE federal system, and enables dealers and resellers to control the entry and exit of vehicles from their inventories. Registration of vehicle transactions with RENAVE became mandatory for new vehicles in 2022.
São Paulo, October 13, 2022
André Veiga Milanez
Chief Financial, Corporate and Investor Relations Officer
Investor Relations: +55 11 2565-7739 / 4129 / 4522 / 4490 / 7976 | RI@B3.COM.BR
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