Material Fact

Conclusion of the Sale of Cielo's Interest in Orizon to

Bradseg Participações S.A.

CIELO S.A. ("Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), pursuant to Instruction 358, of January 3, 2002, as amended, issued by the Brazilian Securities and Exchange Commission, communicates to its shareholders and the market in general that the Company concluded, on this date, the sale of all its shares in Companhia Brasileira de Gestão de Serviços ("Orizon"), representing 40.95% of Orizon's share capital, to Bradseg Participações S.A. for one hundred and twenty-eight million, nine hundred and ninety-two thousand and five hundred reais (R$128,992,500.00) ("Transaction").

The Transaction, which was the subject of a Notice to the Market released by the Company on October 1, 2020, was concluded after the approval by the Central Bank of Brazil (BACEN) and the Administrative Council for Economic Defense (CADE).

The Transaction reinforces the Company's strategy to focus on its core activities.

The Company reaffirms its commitment to keep shareholders and the market in general duly and timely up to date, as per the applicable legislation.

Barueri, January 7, 2021.

Gustavo Henrique Santos de Sousa

Chief Financial and Investor Relations Officer

For further information, please contact the Investor Relations area: ri@cielo.com.br

ir.cielo.com.br

Phone: +55 11 2596 8453

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Cielo SA published this content on 07 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2021 21:45:06 UTC