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    STNE   KYG851581069

STONECO LTD.

(STNE)
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StoneCo : Material Fact, filed by Linx with the Brazilian Securities Commission on July 1, 2021 in connection with the business combination of Linx and STNE Participações S.A., a subsidiary of Stone (Form 6-K)

07/02/2021 | 07:32am EDT

Material Fact, filed by Linx with the Brazilian Securities Commission on July 1, 2021 in connection with the business combination of Linx and STNE Participações S.A., a subsidiary of Stone.

LINX S.A.
Publicly Held Company
CNPJ/MF nº 06.948.969/0001-75

NIRE 35.300.316.584

MATERIAL FACT

LINX S.A. ('Linx' or 'Company') (B3: LINX3 | NYSE: LINX), pursuant to the provisions of paragraph 4 of article 157 of Law 6,404/76 and CVM Instruction 358 of January 3, 2002, informs its investors and the market in general that at the Shareholder' Meeting held on the date hereof ('Shareholders' Meeting'), the resignation of the following members of the Company's Board of Directors was registered: Messes. Nercio José Monteiro Fernandes, Alberto Menache and Alon Dayan.

Due to the resignations mentioned above, at the same Shareholders' Meeting, the following members were elected to the Company's Board of Directors, with a unified term of office of 2 (two) years as of the date hereof: Messrs. (i) Lia Machado de Matos, as Chairman of the Board, (ii) Thiago dos Santos Piau, as Vice-Chairman of the Board of Directors; and (iii) Marcelo Bastianello Baldin, as a member of the Board of Directors. Furthermore, the following members were reelected to the Company's Board of Directors, with a unified term of office of 2 (two) years as of the date hereof: Messrs. (i) João Adamo Junior, as an independent member of the Board of Directors; and (ii) Roger de Barbosa Ingold, as an independent member of the Company's Board of Directors.

Additionally, on the date hereof, a meeting of the Board of Directors ('Meeting') was held, at which it was registered the resignation of the following members: (i) Company's Board of Officers: Messrs. Alberto Menache, Flávio Mambreu Menezes, Antonio Ramatis Fernandes Rodrigues and Denis Nieto Piovezan; (ii) Company's Strategy Committee: Messrs. Roger de Barbosa Ingold, Nercio José Monteiro Fernandes and Alberto Menache; and (ii) Company's People Committee: Messrs. João Adamo Junior, Nercio José Monteiro Fernandes and Alberto Menache. In relation to the People Committee, in view of the resignations presented by its members, the Shareholders' Meeting approved the extinction of the People Committee.

Due to the resignations, at the same Meeting, the following members were elected to the Company's Board of Officers, with a term of office of 3 (three) years as of the date hereof: Messrs. (i) Thiago dos Santos Piau, as Chief Executive Officer; (ii) Rafael Martins Pereira, as Investor Relations Officer; (iii) Daniel Karrer da Cruz, as Officer; and (iv) Breno Werneck Maximiano, as Officer. Furthermore, the following members were reelected to the Company's Board of Officers, with a term of office of 3 (three) years as of the date hereof: Messrs. (i) Gilsinei Valcir Hansen, as Officer; and (ii) Jean Carlo Klaumann, as Officer.

We extend our deepest gratitude for the contribution of the members who presented their respective resignation letters to the Company's success over the last years.

São Paulo, July 1, 2021.

Rafael Martins Pereira

Investor Relations Officer

Disclaimer

StoneCo Ltd. published this content on 02 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2021 11:31:37 UTC.


© Publicnow 2021
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Financials
Sales 2021 4 399 M 824 M 824 M
Net income 2021 1 008 M 189 M 189 M
Net Debt 2021 172 M 32,3 M 32,3 M
P/E ratio 2021 56,6x
Yield 2021 0,00%
Capitalization 65 975 M 12 360 M 12 360 M
EV / Sales 2021 15,0x
EV / Sales 2022 8,20x
Nbr of Employees 7 239
Free-Float 67,5%
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 213,56 BRL
Average target price 374,95 BRL
Spread / Average Target 75,6%
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Thiago dos Santos Piau Chief Executive Officer
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