Boa Vista Serviços S A : Aviso aos Acionistas

BOA VISTA SERVIÇOS S.A.

Public Company

CNPJ/ME No. 11.725.176/0001-27

NIRE 35.300.377.605

NOTICE TO SHAREHOLDERS

Boa Vista Serviços S.A. (B3: BOAS3; "Company") hereby communicates to its shareholders and to the market in general that, under the Extraordinary Shareholders' Meeting held on December 21, 2020, at 9 a.m. ("Meeting"), it was approved, among others matters, the acquisition of one hundred percent (100%) of the capital stock of Acordo Certo Participações S.A. ("Acordo Certo"), by the Company. In this regard, we clarify that:

1. Completion of the Acquisition. The acquisition of one hundred percent (100%) of the capital stock of Acordo Certo was completed on December 21, 2020, as disclosed in the Material Fact issued on the referred date.
2. Shareholders Entitled to Withdrawal Right. Due to the applicability of the provisions of Article 256, I of Law No. 6,404/1976 ("Brazilian Corporate Law"), the shareholders who (i) abstained from voting at the Meeting in relation to the approval of the acquisition, (ii) did not attend the Meeting, or (iii) did not vote in favor of the approval of the acquisition ("Dissenting Shareholders"), as already informed to the market under the Management Proposal disclosed within the scope of the Meeting and under the Material Fact issued on December 21, 2020, will have thirty (30) days counted from the publication of the minutes of the Meeting, pursuant to Article 137, items IV and V, of the Brazilian Corporate Law, which was published on January 22, 2021, to exercise the withdraw right. In this sense, the period for exercising the withdraw right will end on February 22, 2021. The date that will be considered for the purpose of determining the holders of shares that may exercise the withdraw right is December 1st, 2020, and for such exercise, the Dissenting Shareholders must have uninterrupted ownership of the shares from December 1st, 2020 until the day in which the withdrawal right is exercised.
3. Reimbursement Amount per Share. The amount of reimbursement per share to be paid to shareholders that choose to exercise their withdrawal right is R$ 0.93934503, calculated based on the Company's net worth provided in the Financial Statements of the fiscal year ended on December 31, 2019, approved at the Company's ordinary and extraordinary general meeting held on July 24, 2020. Considering that the resolution on the acquisition of Acordo Certo took place more than sixty (60) days after the date of the Financial Statements of the fiscal year ended on December 31, 2019, the Dissenting Shareholders will have the right to request, together with the exercise of the withdraw right, the preparation of a special balance sheet, pursuant to Article 45, paragraph second, of the Brazilian Corporate Law.
4. Expected Date for Payment of the Reimbursement Amount. The reimbursement amount will be paid to the Dissenting Shareholders within thirty (30) days from the end of the period for the exercise of the withdrawal right, in accordance with the payment rules provided in the Brazilian Corporation Law in the event of a special balance sheet request.

1

PÚBLICO

5. Procedures to be Adopted by the Dissenting Shareholder. The Dissenting Shareholders whose shares issued by the Company are deposited with B3 S.A. - Brasil, Bolsa, Balcão, shall exercise their withdrawal right by means of their custody agents. The Dissenting Shareholders whose shares issued by the Company are directly deposited with the bookkeeper of the Company's shares, Itaú Corretora de Valores S.A., shall attend an agency of that bank with the following documents:

1. Natural Person: identification document (Individuals Taxpayers´ Registry - CPF and Identity Card - RG), and proof of residence, bearing a written and notarized document, declaring the exercise of the withdraw right, as well as evidence of the number of shares held; and
2. Legal Entity: documentation granting powers of legal representation and bearing a written and notarized document, declaring the exercise of the withdraw right, as well as the evidence of the number of shares held. Shareholders who are represented by an attorney-in-fact shall deliver, in addition to the documents referred to above, the respective power of attorney, which shall contain special powers to exercise the withdraw right and reimbursement request.

Additional information can be obtained from the Investor Relations Department, by e -mail:[e-mail].

January 23, 2020

Isolírio Schoneborn

Investor Relations Officer

2

SP - 29628568v3

PÚBLICO