SENDAS DISTRIBUIDORA S A : PUBLICLY-HELD COMPANY

SENDAS DISTRIBUIDORA S.A.

PUBLICLY-HELD COMPANY

Brazilian Taxpayer's Registry No. 06.057.223/0001-71

Board of Trade Registry No. 33.300.272.909

Notice to Shareholders

Sendas Distribuidora S.A. ('Assai' or 'Company') informs its shareholders and the market in general that, at the Ordinary and Extraordinary Shareholders Meeting held on April 28^th, 2021 ('Meeting'), it was approved the distribution of the mandatory minimum dividend in the amount of R$348,444,343.74 (three hundred and forty-eight million, four hundred and forty-four thousand, three hundred and forty-three reais and seventy-four cents), equivalent to R$ 1.29846211682919 per common share issued by the Company, being certain that, of this amount:

(i)R$263,500,000.00 (two hundred sixty-three million and five hundred thousand reais) correspond to the interest on equity, net of income tax, distributed to the Company's shareholders at a meeting of the Board of Directors held in September 20^th, 2020 and paid on November 27^th, 2020, accrued to the minimum mandatory dividend by the Meeting; and

(ii)R$84,944,343.74 (eighty-four million,nine hundred and forty-four thousand, three hundred and forty-three thousand and seventy-four cents) correspond to the residual portion of the minimum mandatory dividend, equivalent to R$0.31654126223623 per common share issued by the Company, treasury shares disregarded, declared on on April 28^th by the Meeting ('Residual Dividend').

For holders of the Company's shares traded on B3 SA - Brasil, Bolsa, Balcão ('B3'), the payment of the Residual Dividend will be made on June 7^th, 2021, based on the shareholding position of April 28^th, 2021 (including). The shares issued by the Company will be traded ex-dividends on B3 on April 29^th, 2021 (including).

As for holders of American Depositary Receipts traded on the New York Stock Exchange - NYSE ('ADR'), the payment will be made on June 14^th, 2021 through JP Morgan Chase Bank, NA, depositary bank of the ADRs, and it shall be entitled to such payment ADRs holders on April 30^th, 2021 (including).

The Company's investor relations department is available for any questions on the email [e-mail].

Rio de Janeiro-Brazil, April 29^th, 2021.

Gabrielle Castelo Branco Helú

Investor Relations Officer