Movida Participações S A : Material Fact – 6th Issue of Debentures

MOVIDA PARTICIPAÇÕES S.A.

Publicly Held Company

Corporate Taxpayer's ID (CNPJ/MF): 21.314.559/0001-66

Company Registry (NIRE): 35.300.472.101

MATERIAL FACT

MOVIDA PARTICIPAÇÕES S.A. ("Company"), a publicly held company, hereby informs its shareholders and the market in general that, on this date, the Company's Board of Directors approved the sixth (6th) issue of simple, senior debentures not convertible into shares, with additional personal guarantee, in a single series, in the amount of five hundred and fifty million reais (R$550,000,000.00), on the issue date ("Debentures" and "Issue", respectively).

The Debentures will be the object of public distribution, with restricted distribution efforts, pursuant to Instruction 476, of January 16, 2009, of the Brazilian Securities and Exchange Commission ("CVM"), as amended ("CVM Instruction 476" and "Restricted Offering", respectively), in accordance the terms of the distribution agreement to be entered into with the financial institutions that are part of the securities distribution system of the Restricted Offering ("Coordinators"), under a firm placement regime for all Debentures, in the amount of five hundred and fifty million reais (R$550,000,000.00). Pursuant to CVM Instruction 476, the Restricted Offering will be exclusively targeted at professional investors, as per CVM Instruction 539, of November 13, 2013, as amended.

The Debentures will receive interest corresponding to one hundred percent (100%) of the accumulated variation of the average daily rates of Interbank Deposits - DI, over extra group, calculated and published daily by B3 S.A. - Brasil, Bolsa, Balcão, in the daily bulletin available on its website (www.b3.com.br), expressed as an annual percentage based on a year of two hundred and fifty-two

1. business days ("DI Rate"), plus a surcharge (spread) equivalent to three point twenty percent
   (3.20%) per year, based on two hundred and fifty-two (252) business days ("Remuneration").

The nominal unit value of the Debentures will be amortized in five (5) annual installments, with the first payment due on April 15, 2023, and the other payments due every fifteenth (15th) of April of the subsequent years. The last payment will be due on the maturity date, i.e. April 15, 2027.

The funds raised by the Company through the Issue are intended to strengthen liquidity, extend its debt profile (including through debt settlement) and cash management (in order to finance the renewal and expansion of its subsidiaries' vehicle fleets) and its ordinary business.

São Paulo, April 9, 2021.

Edmar Prado Lopes Neto

Investor Relations Officer

SP - 27372420v1