Cielo Announces a New Vice President for Large Accounts

CIELO S.A. ("Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), pursuant to article 157, paragraph 4, of Law 6,404/76 and CVM Instruction 358/02, hereby informs its shareholders and other stakeholders that, on this date, the Board of Directors approved the election of Mrs. Renata Andrade Daltro dos Santos as Director without specific designation (Executive Vice-President for Large Accounts), with her investiture effective after approval of her election by the Central Bank of Brazil.

Renata Daltro has worked at Cielo for 10 years, always in the Corporate division. She holds a Bachelor's Degree in Business Administration from DeVry Educacional do Brasil, with an Executive MBA in Marketing from the University of São Paulo and extension courses from Business School São Paulo - BSP and Harvard Business School.

Mrs. Daltro has over 22 years of experience in the financial services industry, working in several companies, such as: Citibank, Alelo and Interfile, acting in commercial areas and focusing on Key Accounts, with emphasis on her roles in CRM, digital transformation and customer segmentation projects.

Barueri, November 23, 2020.

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

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Cielo SA published this content on 23 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 00:44:07 UTC