Grupo Mateus S A : Notice to the market - Update on Grupo Mateus’ Expansion Plan - Feb/2021

Notice to the Market

Update on Grupo Mateus' Expansion Plan

São Luís, February 26, 2021 - Grupo Mateus [B3 S.A. - BRASIL, BOLSA, BALCÃO: GMAT3(ON)] continues to consolidate its robust expansion plan. In February only, the company opened 4 stores, increasing and stregthening its footprint in the states of Maranhão, Pará e Piauí.

In the city of Barra do Corda, Maranhão, the Group opened a Supermarket store. Redenção, a city located in the Southern region of Pará, welcomed a new Cash and Carry. Meanwhile, Teresina, capital city of Piauí, received a Cash and Carry and a Furniture & Electronics stores and now the company operates seven stores in this state.

These openings represent 1,105 new direct job positions and reinforces the Group's business model, improving the logistics structure, offering new services and training the employees.

State MaranhãoCity Barra do CordaPará

RedençãoStore Supermarket Cash and

Sales area (m²)

2,130

Opening 11/02

Carry Cash and

Teresina

Carry Furniture & Eletronics

5,050 4,900 340

18/02

04/02

With the openings held during the month, Grupo Mateus ended February with 165 operating stores, of which 51 are Supermarkets (including Supermarkets, Hypermarkets and Camiño), 35 Cash and Carry and 79 Furniture & Eletronics. By state, 100 stores are located in Maranhão, 58 in Pará and 7 in Piauí.

About Grupo Mateus

Grupo Mateus is the fourth largest food retail company in the country, with operations in supermarket retail, cash and carry, wholesale, furniture and household appliances, e-commerce, the bakery industry and slicing and portioning central.

Investor Relations Contacts

José Morgado - CFO e Investor Relations Directorjosé[e-mail]

Sara Lizi - Investor [e-mail]