Positivo Tecnologia S A : Material Fact - Share Buyback03/22/2022

POSITIVO TECNOLOGIA S.A.

Corporate Taxpayer's ID (CNPJ/MF): 81.243.735/0001-48

Company Registry (NIRE): 41300071977

Publicly Held Company

MATERIAL FACT

POSITIVO TECNOLOGIA S.A. ("Company") (B3: POSI3) hereby announces, pursuant to CVM Resolution 44/21, CVM Instruction 567/15 and Law 6,404/76, as amended, that its Board of Directors, in a meeting held on this date, unanimously approved, without any reservations:

the amendment of the conditions established for the Company's Share Buyback Program approved at the Board of Directors Meetings held on December 10, 2021 (the "2021 Program"), which will come into effect under the following conditions:

1. Purpose: The 2021 Program, which aims at the acquisition of shares issued by the Company itself, by the Company or by companies controlled by the Company, within the limits provided for in the applicable regulations, without reducing the capital stock, aims at maintaining the shares for holding in treasury and later disposal and/or cancellation and/or to meet the Company's obligations arising from the stock option plan and the share-based compensation plan, directed to its executives and employees
2. Outstanding and treasury shares: According to the definition contained in article 8, paragraph 3, I of CVM Instruction 567/2015, considering as base date 21/03/2022, the number of outstanding shares of the Company is 75,854,998 and the number of shares held in treasury is 2,003,608.
3. Method: the acquisition within the scope of the 2021 Program shall be made on the Stock Exchange, at market price, and the Executive Board will be responsible for deciding: (i) if the acquisitions will be carried out directly by the Company, in which case the Executive Board shall define the timing and number of shares to be acquired, respecting the limits provided for in the applicable regulations; or (ii) if the acquisitions will be carried out through one or more total return equity swap agreement with first-tier financial institutions, to be defined by the Executive Board, aimed at exchanging the results for future financial flows in reference to the Company's common shares in such a way that its receives the price variation related to its shares traded on the stock exchange (active leg) and pays for the variation of a pre-fixed rate (liability leg), during the term of each respective agreement;
4. Number of shares to be acquired: Up to 5,500,000 common shares, nominative and with no par value, issued by the Company, which, on this date,

represent 3.88% of the total shares issued by the Company and 7.25% of the total shares issued by the Company that are outstanding, observing, at all times, that up to ten percent (10%) of the outstanding shares must be kept in treasury, pursuant to CVM Instruction 567.

1. Term of the Program: Acquisitions, under the purpose of the 2021 Program, may be made within a period of up to eighteen (18) months, beginning on December 11, 2021 and ending on June 11, 2023.
2. Available resources: The resources that will be used in the 2021 Program may
   come from a single or combination of the following items: (i) profit or capital reserves; and/or (ii) income from the current fiscal year, separated the allocations to the reserves mentioned in the Article 7, paragraph 1 of CVM Instruction 567.
3. Financial institutions that will act as brokers: [(I) ITAU Corretora de Valores
   S.A., Corporate Taxpayer's ID (CNPJ): 61.194.353/0001-64, located at Av. Brig.
   Faria Lima, 3.500- 3º andar - Itaim Bibi - São Paulo - SP - CEP: 04.538-132; and (II) BTG Pactual Corretora de Títulos e Valores Mobiliários S.A., Corporate Taxpayer's ID (CNPJ): 43.815.158/0001-22, located at Av. Brig. Faria Lima, 3.477
   - 14º andar - Itaim Bibi - São Paulo - SP - CEP: 04.538-133.

Other conditions to the 2021 Program are described in Attachment I of the minutes of the Board of Directors' meeting, held on this date, which resolved to amend the conditions of the Program, as provided for in Annex 30-XXXVI of CVM Instruction 480/09.

Curitiba, March 22, 2022.

POSITIVO TECNOLOGIA S.A.

Caio Gonçalves de Moraes

Vice-President of Finance and Investor Relations