Certain Ordinary Shares of Grupo SBF S.A. are subject to a Lock-Up Agreement Ending on 13-OCT-2019. These Ordinary Shares will be under lockup for 181 days starting from 15-APR-2019 to 13-OCT-2019. Details: Company, its controlling shareholders and the members of the Company's board of directors and executive officers, agreed that except with the prior written consent of the Offering Coordinators and the Agents of International Placement and observing the exceptions and other restrictions in the International Distribution Agreement and in the respective restrictions on the shares issued by the Company ("Lock-up Agreements"), and described Prospectus, they shall not (i) issue, offer, sell, contract, engage, lend, grant any purchase option, make any short sale or dispose in any grant any rights, carry out any transaction with the same effect, or register or cause the registration under the Securities Act or the laws or regulations of Brazil; (ii) perform any derivative operations; or (iii) publicly disclose the intention to make such issue, offer, sale operation, disposal, operation with the same effect or operation of derivatives for a period of 180 days from April 16, 2019.