CIELO S A : Notice to the Market - Election of Board of Directors Member

Election of Board of Directors Member

CIELO S.A. ("Company") (B3: CIEL3 / OTC Nasdaq International: CIOXY), in compliance with the provisions of Paragraph 4 of Article 157 of Law 6404/76 and CVM Instruction 358/02, announces to its shareholders and other stakeholders that Mr. Gustavo de Souza Fosse, appointed by the shareholder BB Elo Cartões S.A. (entity belonging to the Banco do Brasil S.A. Group), was elected today as a member of the Company's Board of Directors.

Mr. Gustavo has a degree has a degree in Information Systems administration (União Educacional de Brasilia), a postgraduate degree in the areas of IT governance (UniEuro) and financial consulting and capital markets (Faculdade Michelangelo). He has been a BB's employee for 34 years, wich 27 of it were dedicated to technology. He was Director of Technology, currently Chief Technology and Business Developmente Officer.

The Company clarifies that the election of Mr. Gustavo de Souza Fosse is subject to the approval of the Brazilian Central Bank and will keep its shareholders and stakeholders up to date on the said approval.

Barueri, January 26, 2021.

Gustavo Henrique Santos de Sousa

Chief Financial and Investor Relations Officer

For further information, please contact the Investor Relations area: [e-mail]

ir.cielo.com.br

Phone: [phone]