Sul America S A : Minutes of the Board of Directors Meeting - Officer and Advisory Committees Election

SUL AMÉRICA S.A.

National Registry of Corporate Taxpayers (CNPJ/ME) no. 29.978.814/0001-87

Number of Corporate Registry Identification (NIRE) no. 3330003299-1

Publicly Held Company with Authorized Share Capital

Minutes of the Board of Directors' Meeting

held on March 30, 2022.

On March 30, 2022 at 5:00 p.m., via videoconference, the Company's Board of Directors met, with the presence of the totality of its members, to resolve on the following items:

I. To reelect the following members to compose the Company's Board of Executive Officers for a term of office ending on a date coinciding with that of the Annual Shareholders' Meeting to be held in 2023 and assign the functionsestablishedin Paragraph 1, Article 17 and Article 19 of the bylaws, as: (i) Chief Executive and Investor Relations Officer: Ricardo Bottas Dourado dos Santos, Brazilian citizen, married, business administrator, bearer of the identification document number 1214385621 (SSP/BA), enrolled in the Registry of Individual Taxpayers (CPF) under number 769.899.255-15, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas, 121, Ala Sul; (ii) Vice-President of Control: Reinaldo Amorim Lopes, Brazilian citizen, married, actuary, bearer of the identification document number 09502909-6 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 023.606.897-03, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, n. 1673, and (iii) Executive Officers: Laenio Pereira dos Santos, Brazilian citizen, separated, accountant, bearer of the identification document number 062.599/0-3 (CRC/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 458.465.027-68, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas, 121, Ala Sul; and Fabiane Reschke, Brazilian citizen, married, attorney, bearer of the identification document number 293.925 (OAB/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 544.284.590-68, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673.

The reelected Executive Officers declared they have no legal impediments to the exercise of their respective positions, having filed the respective declarations required by law, which were duly filed at the Company's headquarters.

II. To declare that the annual overall compensation of the management was established by the Annual Shareholders' Meeting held on March 30, 2022.

III. To (re)elect the members of the Statutory Advisory Committees to the Company's Board of Directors for a term of office ending on a date coinciding with that of the Annual Shareholders' Meeting to be held in 2023, being:

Audit and Risk Management Committee: (i) Reelected as Coordinator: Renato Russo, Italian citizen, married, executive, bearer of the identification document number RNE W364684-1, enrolled in the Registry of Individual Taxpayers (CPF) under number 041.163.508-50, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; (ii) Reelected as Members: Domingos Carelli Netto, Brazilian citizen, legally separated, engineer, bearer of the identification document number 2.936.410 (SSP/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 039.286.408-87, resident and domiciled in the city and state of São Paulo, with office at Alameda Casa Branca, 844, apt. 131, Jardim Paulista; and Jorge Roberto Manoel, Brazilian citizen, married, adviser, bearer of the identification document number 5549306-3 (SSP/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 638.490.708-91, resident and domiciled in the city and state of São Paulo, with office at Rua Araguari, 287/161.

Governance and Disclosure Committee: (i) Reelected as President: Patrick Antonio Claude de Larragoiti Lucas, Brazilian citizen, married, business administrator, bearer of the identification document number 004.785.073-0 (DETRAN), enrolled in the Registry of Individual Taxpayers (CPF) under number 718.245.297-91, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; (ii) Reelected as Members: Gabriel Portella Fagundes Filho, Brazilian citizen, married, economist, bearer of the identification document number 02984341-4 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 338.990.297-04, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; and Ricardo Bottas Dourado dos Santos, Brazilian citizen, married, business administrator, bearer of the identification document number 1214385621 (SSP/BA), enrolled in the Registry of Individual Taxpayers (CPF) under number 769.899.255-15, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas, 121, Ala Sul; and (iii) Elected as Member: Reinaldo Amorim Lopes, Brazilian citizen, married, actuary, bearer of the identification document number 09502909-6 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 023.606.897-03, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, n. 1673.

Investment Committee: (i) Reelected as President: Patrick Antonio Claude de Larragoiti Lucas, Brazilian citizen, married, business administrator, bearer of the identification document number 004.785.073-0 (DETRAN), enrolled in the Registry of Individual Taxpayers (CPF) under number 718.245.297-91, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; and (ii) Reelected as Members: Carlos Infante Santos de Castro, Brazilian citizen, stable union, engineer, bearer of the identification document number 22.007-D (CREA/RJ), enrolled in the Registry of IndividualTaxpayers (CPF) under number 339.555.907-63, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas, 121, Ala Sul; Daniel Ferreira Lima, Brazilian citizen, single, economist, bearer of the identification document number 24.153.284-X (SSP/SP), and enrolled in the Individual Taxpayer Registration (CPF) under number 279.634.498-30, resident and domiciled in the city and state of São Paulo, with office at Avenida Brigadeiro Faria Lima, 201 - 12º floor; Domingos Carelli Netto, Brazilian citizen, legally separated, engineer, bearer of the identification document number 2.936.410 (SSP/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 039.286.408-87, resident and domiciled in the city and state of São Paulo, with office at Alameda Casa Branca, 844, apt. 131, Jardim Paulista; and Renato Russo, Italian citizen, married, executive, bearer of foreign identity document (RNE) number W364684-1 and enrolled in the Individual Taxpayer Registration (CPF) under number 041.163.508-50, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673.

Human Capital Committee: (i) Reelected as President: Patrick Antonio Claude de Larragoiti Lucas, Brazilian citizen, married, business administrator, bearer of the identification document number 004.785.073-0 (DETRAN), enrolled in the Registry of Individual Taxpayers (CPF) under number 718.245.297-91, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; (ii) Reelected as Members: Gabriel Portella Fagundes Filho, Brazilian citizen, married, economist, bearer of the identification document number 02984341-4 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 338.990.297-04, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; Luiz Fernando Sanzogo Giorgi, Brazilian citizen, divorced, business administrator, bearer of the identification document number 7.346.613-X (SSP/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 064.116.138-77 resident and domiciled in the city and state of São Paulo, with office at Ana Vieira de Carvalho, 362; and (iii) (ii) Elected as Member: Louis

Antoine de Ségur de Charbonnières, Brazilian citizen, married, businessman, bearer of the identification document number 12.058.015-4 (Detran/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 088.680.157-57, resident and domiciled in the United Kingdom, in the City of London, at 8 Cranley Place, SW73AB.

Sustainability Committee: (i) Elected as President: Cátia Yuassa Tokoro, Brazilian citizen, married, engineer, bearer of the identity document number 051727352 (IFP/RJ), enrolled in the Individual Taxpayer Registration (CPF) under number 011.800.477-88, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas 121, Ala Sul; (ii)

Reelected as Members: Louis Antoine de Ségur de Charbonnières, Brazilian

citizen, married, businessman, bearer of the identification document number 12.058.015-4 (Detran/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 088.680.157-57, resident and domiciled in the United Kingdom, in the City of London, at 8 Cranley Place, SW73AB; Patrícia Quírico Coimbra, Brazilian citizen, partner in common-law marriage, economist, bearer of the identification document number 07286748-4 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 942.767.907-78, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, 1673; Paulo Durval Branco, Brazilian citizen, in stable union, business administrator, bearer of the identification document number M-2.578.408 (SSP/MG), enrolled in the Registry of Individual Taxpayers (CPF) under number 740.137.187-15, resident and domiciled at Avenida Irene Lopes Sodré, n. 900, cs 150, Itaipu, Niterói, RJ; and Ricardo Bottas Dourado dos Santos, Brazilian citizen, married, business administrator, bearer of the identification document number 1214385621 (SSP/BA), enrolled in the Registry of Individual Taxpayers (CPF) under number 769.899.255-15, resident and domiciled in the city and state of Rio de Janeiro, with office at Rua Beatriz Larragoiti Lucas, 121, Ala Sul and (iii) Elected as Member: Reinaldo Amorim Lopes, Brazilian citizen, married, actuary, bearer of the identification document number 09502909-6 (IFP/RJ), enrolled in the Registry of Individual Taxpayers (CPF) under number 023.606.897-03, resident and domiciled in the city and state of São Paulo, with office at Rua dos Pinheiros, n. 1673.

The matters on the agenda were discussed and unanimously approved by the Board members present at the meeting. There being no further matters to discuss, the meeting was adjourned and these minutes were drawn up, read, approved and signed by all.

Rio de Janeiro, March 30, 2022.

Signatures: Patrick Antonio Claude Larragoiti Lucas, André Guilherme Brandão, Carlos Infante Santos de Castro, Cátia Yuassa Tokoro, Denizar Vianna Araújo, Gabriel Portella Fagundes Filho, Louis Antoine de Ségur de Charbonnières, Pierre Claude Perrenoud, Renato Russo and Simone Petroni Agra, Board Members.

This is a free English translation of the original minutes drawn up in the Company's records in Portuguese.

Patrick Antonio Claude de Larragoiti Lucas

Chairman of the Board of Directors

Identification Document no. 004.785.073-0 (DETRAN)

CPF 718.245.297-91