Sendas Distribuidora S A : Material Fact - Public offering of secondary distribution

SENDAS ANNOUNCES PUBLIC OFFERING OF COMMON SHARES BY CERTAIN SHAREHOLDERS OF

THE CASINO GROUP

November 28, 2022 - Sendas Distribuidora S.A. ("Company" or "Sendas") (B3: ASAI3; NYSE: ASAI) informs its shareholders and the market that, on the date hereof, Wilkes Participações S.A., Géant International B.V. and Helicco Participações Ltda. (the "Selling Shareholders") are offering common shares of the Company ("Shares"), which may be represented by American Depositary Shares, ("ADSs"), each of which represents five Shares.

In connection with this public offering, Sendas has filed on the date hereof a registration statement with the U.S. Securities and Exchange Commission ("SEC") in respect of a global offering that consists of an international offering outside Brazil (the "International Offering") and a concurrent public offering with restricted selling efforts in Brazil (the "Brazilian Offering" and, together with the International Offering, the "Global Offering"). The International Offering includes a registered offering of ADSs in the United States with the SEC under the U.S. Securities Act of 1933, as amended (the "International Offering"). The Shares are being offered directly and as ADSs. The International Offering and the Brazilian Offering are being conducted concurrently, and the closing of each is conditioned upon the closing of the other.

The Global Offering will consist of the distribution of up to 190,300,000 Shares, including in the form of ADSs, held by the Selling Shareholders, in the relative proportion indicated in the preliminary prospectus of the offering.

The International Offering is being conducted pursuant to a registration statement on Form F-3 filed on November 16, 2022 with the SEC, which automatically became effective upon filing, and a preliminary prospectus supplement. The registration statement on Form F-3 and the preliminary prospectus supplement may be accessed through the SEC's website at www.sec.gov.

Itaú BBA, BTG Pactual and J.P. Morgan are acting as Global Coordinators and Joint Bookrunners, and Bradesco BBI, Safra and Santander are acting as Joint Bookrunners, in each case with respect to the Global Offering.

Itau BBA USA Securities, Inc., Banco BTG Pactual S.A. - Cayman Branch, J.P. Morgan Securities LLC, Banco Bradesco BBI S.A. and Santander Investment Securities Inc. are serving as international underwriters with respect to the International Offering of the ADSs.

Itau BBA USA Securities, Inc., BTG Pactual US Capital, LLC, J.P. Morgan Securities LLC, Bradesco Securities, Inc., Safra Securities LLC and Santander Investment Securities Inc. will collectively act as international placement agents with respect to the International Offering of Shares (not in the form of ADSs) sold outside Brazil on behalf of the Brazilian underwriters.

Before you invest, you should read the registration statement (including the preliminary prospectus supplement) and other documents filed with the SEC for more complete information about the Company, the Selling Shareholders and the Global Offering. Please refer to our annual report on Form 20-F as of and for the year ended December 31, 2021 filed with the SEC, as well as any further updates in our current reports on Form 6-K, which may be amended, supplemented or superseded, from time to time, by other reports that we file with the SEC.

You may access these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, a copy of the registration statement (including the preliminary prospectus supplement) may be obtained by contacting: (i) Itau BBA USA Securities, Inc., 540 Madison Avenue 24th Floor, New York, New York 10022, Attention: Equity Sales Desk, telephone: [phone] or by emailing [e-mail]; (ii) Banco BTG Pactual S.A. -Cayman Branch, Attention: Prospectus Department, 601 Lexington Avenue, 57th Floor, New York, NY 10022, or by e-mail at OL- [e-mail]; (iii) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at [phone], or by e-mail at [e-mail]; (iv) Bradesco Securities Inc. at 450 Park Avenue, 32nd Floor, New York, New York 10022, e-mail: [e-mail], Attn: Isabela Behar; (v) Safra Securities LLC, Attention: Gerard McCarthy, 546 Fifth Avenue, New York, New York 10036; and (vi) Santander Investment Securities Inc. at 437 Madison Avenue 9th floor, New York, New York 10022, e-mail:[e-mail].

This press release is for informative purposes only under the current applicable laws and regulations, and is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The Company will inform its shareholders and the market about any further developments with respect to the Global Offering in accordance with the applicable regulation.