Oi S A : Notice to Shareholders - Adjusted time of the Annual and Extraordinary General Meeting

Oi S.A. - In Judicial Reorganization

Corporate Taxpayers' Registry

(CNPJ/ME) No. 76.535.764/0001-43

Board of Trade (NIRE) 33.3.0029520-8

Publicly-Held Company

NOTICE TO SHAREHOLDERS

Adjusted time of the Annual and Extraordinary General Meeting

Oi S.A. - In Judicial Reorganization ("Company"), in connection with the Annual and Extraordinary General Meeting called for April 30th, 2021, at 9am, in accordance with the call notice disclosed in the IPE System and published in the newspaper "Valor Econômico" and in the Official Gazette of the State of Rio de Janeiro on March 30th, 2021 (the "Meeting"), informs its shareholders and the market in general that, due to operational concerns, the time of the Meeting will be altered to 2pm on April 30th, 2021, at the Company's headquarters.

Rio de Janeiro, March 30th, 2021.

Oi S.A. - In Judicial Reorganization

Camille Loyo Faria

Chief Financial Officer and Investor Relations Director