Grendene S A : 1st distribution of interim dividends referring to the period up to September 30, 2020
October 29, 2020 at 05:10 pm EDT
Share
GRENDENE S.A. - LISTED COMPANY
Corporate Taxpayers ID - CNPJ/MF nº 89,850,341/0001-60
Company´s Register: NIRE Nº 23300021118-CE
NOTICE TO SHAREHOLDERS
1st Interim dividends of 2020
We are writing to inform shareholders that, the Board of Directors at the meeting held on October 29, 2020, decided "ad referendum" that it will propose to the Ordinary General Meeting that will examine the balance sheet and financial statements for the 2020 financial year, the 1st distribution of dividends in the amount of R$21,521,546.57 (twenty one million, five hundred and twenty one thousand, five hundred and forty-six reais and fifty-seven cents).
The shareholders of common shares will receive an interim dividend of R$0.023872975 per share (excluding treasury shares as legislation), referring to the period up to September 30, 2020, that will be paid from November 18, 2020, without remuneration or monetary restatement and no withdrawal tax will be imposed on the dividend.
Shareholders whose names were registered with the Company on November 5, 2020 will have the right to receive the interim dividends. The Company's shares will be traded ex-dividend from November 6, 2020 on the B3 S.A. - Brasil, Bolsa, Balcão.
Shareholders will have their credits available on the date of the start of the payment of this right, in accordance with their current account and bank domicile supplied to Banco Bradesco S.A., the depositary institution of the shares of this Company, and those who hold the shares held in custody at B3 will have their credits transferred by the respective custodian agents, as of the date of the start of payment. Shareholders with outdated registrations that do not contain the CPF or CNPJ number or bank credit option will have their credits deposited after the cadastral regularization, which may be done at any branch of Banco Bradesco S.A.
Sobral (CE), October 29, 2020.
GRENDENE S. A.
Alceu Demartini de Albuquerque
Investor Relations Officer
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Grendene SA is a Brazil-based company mainly engaged in the production and sale of synthetic footwear for domestic and foreign markets. The Company's activities are divided into two business segments: Footwear and Furniture. The Footwear division develops, manufactures, distributes and sells shoes for various uses and for all social classes, in the male, female, child and mass market segments. Its brand names portfolio includes Rider, Ipanema, Zaxi, Grendha, Grendene Kids and Melissa, among others. The Furniture division focuses on the sale, import and export of furniture and supplements made from plastic. The Company sells its products through commercial representatives, distributors and direct export. It operates a number of manufacturing plants in Brazil. It controls Grendene Argentina SA, MHL Calcados Ltda and Grendene USA Inc, among others.
GRENDENE S.A. 
