Certain Common Shares of Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira are subject to a Lock-Up Agreement Ending on 6-AUG-2021. These Common Shares will be under lockup for 185 days starting from 2-FEB-2021 to 6-AUG-2021. Details: The Company, its Managers and the Current Shareholders will undertake, before the Offer Coordinators and the International Placement Agents, to enter into agreements to restrict the sale of common shares issued by the Company, whereby, (subject to the exceptions provided for in International Placement Agreement), will agree not to offer, sell, contract the sale, pledge, lend, pledge, grant any purchase option, carry out any short sale or otherwise charge or dispose, directly or indirectly, for the period 180 days from the date when the Commencement Announcement is made available, any common shares issued by the Company that they hold immediately after the Offer, or securities convertible or exchangeable for, or that represent a right to receive common shares issued by the Company , or that admit payment upon delivery of common shares issued by the Company, as well as derivatives therein striated, except for Supplementary Actions. The sale or perception of a possible sale of a substantial volume of the shares may adversely affect the trading value of the Shares.