Multiplan Empreendimentos Imobiliários S A : Minutes of the Board of Directors’ Meeting

MULTIPLAN EMPREENDIMENTOS IMOBILIÁRIOS S.A.

CNPJ/ME N. 07.816.890/0001-53

NIRE 33.3.0027840-1

Publicly traded Company

Minutes of the Board of Directors' Meeting

held on December 02, 2021

1. Date, time and place: On December 02, 2021, at 4:00 PM, at the head office of
   Multiplan Empreendimentos Imobiliários S.A. ("Company") in the City and State of Rio de Janeiro, Av. das Américas, 4.200, block 2, suite 501, Barra da Tijuca.
2. Call notice and attendance: The call notice was waived, and it was verified the attendance of the totality of the Board of Directors' members, in accordance with the Company's Bylaws.
3. Presiding Board: Chairman: Mr. José Paulo Ferraz do Amaral; Secretary: Mr. Marcelo Vianna Soares Pinho.
4. Agenda: Discuss and decide about the grant of restricted shares to the collaborators in the fiscal year of 2021, under the terms of the Company's Restricted Shares' Grant
   Plan.
5. Resolutions: The members of the Board of Directors decided, unanimously and without caveat, with the abstentions of those legally prevented, the following matters:

5.1.To approve the granting of two million, one hundred and eighty eight thousand (2,188,000) restricted shares in this fiscal year of 2021, under the terms of the

Company's Restricted Shares' Grant Plan approved by the Company´s Extraordinary General Meeting held on July 20, 2018 ("Restricted Shares Plan"), as per the list of participants proposed by the Company's Management, and according to the terms and conditions of the 4th Program of Grant of Restricted Shares ("4th Program") and of the Grant Agreement template ("Grant Agreement"), which are attached hereto.

1. The grant of the restricted shares to the participants of the 4th Program shall be consummated upon execution of the respective Grant Agreement, under the terms of Section 5.2 of the Restricted Shares Plan, up to thirty (30) days from this date, it being considered, for the purposes of fixation of the reference price, December 02, 2021 as the grant date of the restricted shares. The reference price per restricted share shall correspond to the closing quote of the Company's shares at B3 S.A. - Brasil, Bolsa, Balcão at the trading session on this grant date.
2. The wording of the 4th Program and the Grant Agreement template refer specifically to the fourth grant of restricted shares resolved under the Restricted Shares Plan, and the eventual subsequent programs will be opportunely discussed and decided

by the Board of Directors of the Company. Subject to the general conditions of the Restricted Shares Plan and the limits established by law and by the Company's Bylaws, the Board of Directors shall have full powers to approve new programs with different rules in relation to the 4th Program, as well as to take all the steps necessary and appropriate to the administration of the Restricted Shares Plan and the current and subsequent programs.

5.2. To authorize the Executive Officers of the Company to practice all necessary acts to implement the resolution herein approved.

6. Closing, Drawing Up, and Approval of the Minutes: With no further issue to be addressed, these minutes were approved as per article 17, 2nd paragraph and article 19 of the Bylaws, and were duly signed electronically by the members of the Board of Directors identified below. The members of the Board of Directors, Messrs. John Michael Sullivan, Duncan George Osborne and Gustavo Henrique de Barroso Franco sent their votes in writing.

Rio de Janeiro, December 02, 2021.

______________________________

Marcelo Vianna Soares Pinho

Secretary

EXHIBIT I

4th PROGRAM OF GRANT OF RESTRICTED SHARES

The specific conditions of the 4th Program of Grant of Restricted Shares under the Restricted Shares' Grant Plan ("Plan") approved at the Extraordinary General Meeting of Multiplan Empreendimentos Imobiliários S.A. ("Company") held on July 20, 2018 ("4th Program") are described below, and the individual conditions of each Participant shall be listed in the relevant Grant Agreement.

1. Defined Terms: Any terms starting with capital letters in this 4th Program shall have the meanings attributed to them in the Plan, except if defined otherwise herein.
2. Participants: The Participants indicated in Annex I of this 4th Program are elected and invited to participate in the Plan and in this 4th Program.
3. Number of Restricted Shares to be granted: Up to two million, one hundred and eighty eight thousand (2,188,000) Restricted Shares, as set forth in Annex I, which once fully acquired pursuant to this 4th Program will represent two million, one hundred and eighty eight thousand (2,188,000) common, nominative, book-entry and no-par value shares issued by the Company, corresponding to 0.36% of its corporate capital.
4. Moment of Transfer of the Restricted Shares: The Effective Transfer (as defined below) of the Restricted Shares to Participants will only occur after the implementation of the terms and conditions set forth in Section 5 below, provided that the right to receive Shares granted to the Participants on the Grant Date does not in itself ensure the Participant any rights on the Restricted Shares or even represents a guarantee of their receipt.

4.1. The Participants shall only have rights and privileges inherent to the Company's shareholder status with respect to the Restricted Shares, including the right to vote and to receive proceeds, after the Effective Transfer of the Shares to the Participants, pursuant to the terms of Clause 6 below.

5. Grace Periods: Without prejudice to other specific conditions established in the relevant Grant Agreements, the acquisition of the right to effectively receive the Restricted Shares granted will be subject to continuous permanence of the Participant as administrator, employee or service provider of the Company or of a company under its control, as the case may be, during the period comprised between the Grant Date and the dates below, in the proportions established below, it being established that the Restricted Shares which become due to the Participant pursuant to the terms of this

Clause shall be referred to as "Vested Restricted Shares":

1. 25% (twenty-five percent) on December 02, 2023;
2. 25% (twenty-five percent) on December 02, 2024;
3. 25% (twenty-five percent) on December 02, 2025; and
4. 25% (twenty-five percent) on December 02, 2026.

5.1. For the purposes of this 4th Program, the Grant Date shall be December 02, 2021, which means the date of approval of the granting of the relevant Restricted Shares by the Company's Board of Directors.

1. Transfer: Once the conditions established in Clause 5 above and in the relevant Grant Agreements have been satisfied, and provided that the applicable legal and regulatory requirements have been complied with, the Company, within 15 (fifteen) days, without need of any prior notice or act by the Participant under this 4th Program (except for any measure that may be required by the bookkeeping agent), shall send the order to the financial institution that performs the bookkeeping of the shares issued by the Company for transferring to the Participant's name, through a private transaction, the number of Vested Restricted Shares to which the Participant is entitled (after the due withholdings of taxes pursuant to the terms of Clause 9 below) ("Effective Transfer"), provided that the Company shall bear eventual costs for the transfer of such Vested Restricted Shares to the Participant.
2. Events of Withdrawal of the Company and its Effects: If, at any time, the Participant:

1. withdraws from the Company (a) through its own will, by voluntary termination, submission of resignation from the office of administrator or termination of the service agreement; (b) through the will of the Company, by termination by the Company and/or companies controlled by it, with or without just cause; or (c) as a result of retirement previously agreed with the Company or permanent disability: the Participant will lose all and any right related to the Restricted Shares that has not become Vested Restricted Shares, which will be automatically extinguished on the date of Withdrawal, legally, regardless of prior notice or notification, and without any right to any indemnity to the Participant, it being established that the Vested Restricted Shares existing on the date of Withdrawal, which have not been effectively transferred by the Company to the Participant, will be delivered within the deadline and pursuant to the terms set forth in this 4th Program. Notwithstanding the above, in exceptional cases, the Board of Directors may, at its sole discretion, decide to advance, partially or totally, the grace period of the Restricted Shares.
2. dies: 50% (fifty percent) of the total Restricted Shares granted but not yet transferred to the Participant pursuant to the Clause 6 above shall become Vested Restricted Shares on the date of Withdrawal, at which time the estate or heirs of the

Participant, as the case may be, shall receive the Vested Restricted Shares, which will be delivered within the deadline and pursuant to the terms set forth in this Grant Agreement, it being established that the Participants will lose all and any rights related to the other 50% (fifty percent) of the Restricted Shares granted but not yet transferred to him pursuant to Clause 6 above, which will be automatically terminated on the Withdrawal date, legally, regardless of prior notice or notification and without right to any indemnity to the Participant. Notwithstanding the above, in exceptional cases, the Board of Directors may, at its sole discretion, decide to advance, partially or totally, the grace period of the Restricted Shares.

1. For purposes of this 4th Program, the date of Withdrawal will take into account any eventual term of prior notice, if applicable.
2. Notwithstanding the provisions of Clause 7 above, the Board of Directors may, at its sole discretion, whenever it deems that the interests will be better met by such measure, apply several rules provided in this Clause 7, conferring differentiated treatment upon certain Participant.

1. Grant Agreements: The Participants elected by the Board of Directors who accept the grants conferred to them under this 4th Program shall do so upon the execution of a Grant Agreement in the form of the template attached hereto as Annex II, within a period of up to thirty (30) days counted as of the Grant Date, which, after duly signed, shall be filed at the Company's headquarters.
2. Withholding of Taxes: By signing the respective Grant Agreement, the Participant shall express its knowledge and agreement with the withhold by the Company of any taxes eventually accruing on the Restricted Shares, by reducing the total number of Restricted Shares to be delivered to the Participant, proportionately to the impacts of the applicable taxes, or in another way that it deems convenient and appropriate to meet the legal requirements. In the event of the withholding set forth in this Clause resulting in a fractioned number of Shares to be delivered to the Participant, the fractions shall be rounded up upwards, so that the Participant receives an integer number of shares.
3. Reference Price: For the purposes of this 4th Program, the Reference Price of the Restricted Shares on the Grant Date, calculated in accordance with the Clause 7.1 of the Plan, shall correspond to the closing quote of the Company's Share in B3 S.A. at the trading session on the Grant Date. The Reference Price is not to be confused with the unit price of the shares to be considered for the purposes of the Effective Transfers, it being certain that the latter will correspond to the closing price of the Company's common share (MULT3) in B3 SA - Brasil, Bolsa, Balcão on the trading floor immediately preceding the respective transfer date.