Rede D'Or São Luiz S.A. entered into an agreement to acquire 10.09% stake in Qualicorp Consultoria e Corretora de Seguros S.A. (BOVESPA:QUAL3) from L2 Participações Fundo de Investimento E Participações, 831 Participações S.A. and Jose Seripieri Filho on August 8, 2019. Rede will acquire 28.3 million shares in this transaction. L2 Participações Fundo de Investimento E Participações will sell Upon-completion, 24.9 million shares and 831 Participações S.A. will sell 3.4 million shares. Jose Seripieri Filho will step down as Chief Executive Officer of Qualicorp but will remain as indirect shareholder, holding approximately 9.9% of Qualicorp' capital stock. The transaction is subject to approval of Administrative Council for Economic Defense (CADE). As of October 18, 2019, Administrative Council for Economic Defense (CADE) approved the transaction. Investment One Partners acted as the financial advisor to L2 Participações Fundo de Investimento E Participações and 831 Participações S.A.

Rede D'Or São Luiz S.A. completed the acquisition of 10.09% stake in Qualicorp Consultoria e Corretora de Seguros S.A. (BOVESPA:QUAL3) from L2 Participações Fundo de Investimento E Participações, 831 Participações S.A. and Jose Seripieri Filho on November 12, 2019. All the suspensive conditions provided for in the share purchase and sale agreement executed were implemented. José Seripieri Filho's resignations to the positions of Chief Executive Officer, member of the Board of Directors and member of the compensation committee of the Company were received, as well as the resignations of Leonardo Porciúncula Gomes Pereira's and Raul Rosenthal Ladeira de Matos' as members of the Board of Directors and as members of the compensation committee of the Company.