COSAN S.A.

Publicly-held Company

Corporate Taxpayer's ID (CNPJ/ME) 50.746.577/0001-15

Company Registry (NIRE) 35.300.177.045 | CVM Code 19836

MATERIAL FACT

Cosan S.A. (B3: CSAN3) ("Cosan" or "Company") in compliance with provisions of the Brazilian Securities and Exchange Commission ("CVM") No. 358 of January 3, 2002, announces to its shareholders and the market in general that its indirect controlling shareholder, Mr. Rubens Ometto Silveira Mello ("Controlling Shareholder"), informed the Company that aiming at ensuring stability in the Company's management after approval of the corporate restructuring by the Boards of Directors of the Company, Cosan Limited ("CZZ"), Cosan's controlling company, and Cosan Logística S.A., announced on this date ("Corporate Restructuring"), signed the following commitments: (i) with Dynamo Administradora de Recursos Ltda. and Dynamo Internacional Gestão de Recursos Ltda., wherein the parties covenanted, among other provisions, Dynamo's right to participate in the nomination of an independent member for the Company's Board of Directors, as well as the vote of investment vehicles under its management jointly with the Controlling Shareholder in the election of the board components; and (ii) along with his sisters, wherein both undertook, among other provisions, to follow the Controlling Shareholder's vote in the election of the Company's management.

The effectiveness of the commitments undertaken, which shall be valid for approximately 30 months, are subject to the conclusion of the Corporate Restructuring.

The commitments mentioned in this Material Fact are available on the Company's Webpage (ri.cosan.com.br/en) and at CVM's system empresas.net, under the category "Information on Shareholders' Agreements under the Article 30, XIX, IN 480/09".

São Paulo, December 17, 2020.

Marcelo Eduardo Martins

Chief Financial and Investor Relations Officer

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Cosan SA published this content on 17 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2020 08:24:01 UTC