Sul America S A : Minutes of the Board of Directors Meeting - New Vice President of Control and Investor Relations

SUL AMÉRICA S.A.

Corporate Taxpayers' Registry Number (CNPJ/ME) 29.978.814/0001-87

Corporation's Registry Identification Number (NIRE) 3330003299-1

Publicly Held Company with Authorized Share Capital

Minutes of the Board of Directors' Meeting

held on April 26, 2021.

On April 26, 2021, at 5 p.m., via videoconference, the Board of Directors gathered, as regularly convened, with the presence of the totality of its members, to resolve on the following agenda:

I. To approve the election, for the current term of office that will end on a date coinciding with that of the Annual Shareholders' Meeting of the Company to be held in 2022, of Mr. Clovis Poggetti Junior, Brazilian, in a stable union, business administrator, bearer of the identification document number 29155802 (SSP/SP), enrolled in the Registry of Individual Taxpayers (CPF) under number 172.994.418-37, resident and domiciled in São Paulo, SP, with office at Rua dos Pinheiros, nº 1673, for the position of Vice-President of Control and Investor Relations of the Company. The Officer, now elected, declared that he has no legal impediments to the exercise of his position, having filed the respective declarations required by law, which were duly filed at the Company's headquarters.

1. To state that, in view of the resolution contained in the item above, the Company's Board of Executive Officers is now made up as follows: (i) Chief Executive Officer: Ricardo Bottas Dourado dos Santos; (ii) Vice-Presidentof Control and Investor Relations: Clovis Poggetti Junior; and (iii) Executive Officer: Fabiane Reschke and Laenio Pereira dos Santos.

1. To declare that the annual overall compensation of the management was established by the Annual Shareholders' Meeting held on March 29, 2021.

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, April 26, 2021.

Signatures: Patrick de Larragoiti Lucas, Chairman; Carlos Infante Santos de Castro, Cátia Yuassa Tokoro, Caio Cezar Monteiro Ramalho, Denizar Vianna Araújo, Gabriel Portella Fagundes Filho, Isabelle Rose Marie de Ségur Lamoignon, Jorge Hilário Gouvêa Vieira, Pierre Claude Perrenoud, Renato Russo, and Walter Roberto de Oliveira Longo, members of the Board of Directors; and Fernanda Bezerra, secretary of the meeting.

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

Fernanda Bezerra

ID document n. 174.796 (OAB/RJ)

Individual Taxpayer's Registry Number 086.375.037-05

Secretary of the meeting