Sul América Companhia de Seguro Saúde agreed to acquire Paraná Clínicas - Planos de Saúde S/A from Rede D'Or São Luiz S.A. for approximately BRL 390 million on June 5, 2020. Transaction is subject to prior approval of the competent regulatory bodies. Transaction does not depend on the approval in a general shareholders meeting of Sul América S.A. and does not entail the right of withdraw to its shareholders. As of July 17, 2020, The Administrative Council for Economic Defense in Brazil approved the transaction.