SUL AMÉRICA S.A.

National Registry of Corporate Taxpayers' (CNPJ) 29.978.814/0001-87

Number of Corporate Registry Identification (NIRE) 3330003299-1

Publicly Held Company with Authorized Share Capital

Publicly held company registration number 02112-1

NOTICE TO THE MARKET

Sul América S.A. (B3: SULA11) ("Company" or "SulAmérica"), in addition to the material fact disclosed on June 05, 2020, announces to its shareholders and the market that, after the fulfillment of conditions precedent foreseen in the agreement, the acquisition of Paraná Clínicas - Planos de Saúde S.A. ("Paraná Clínicas") ("Transaction") was successfully concluded on this date.

Paraná Clínicas is the fifth largest health plan operator in the state of Paraná, with approximately 90 thousand beneficiaries in corporate plans and with clinical centers that support its operation efficiency, as well as the accreditation of Hospital Santa Cruz, owned by Grupo Rede D'Or São Luiz. In the first half of 2020, Paraná Clínicas registered revenues of more than R$ 103 million and a medical loss ratio of 69% in the period, according to data provided by ANS.

According to the conditions established in the agreement, the price of the Transaction was of R$ 396 million. This amount considers both the results for the period since the signing of the agreement and approximately R$ 9 million related to the acquisition and investments in a new medical center, which is still under construction in São José dos Pinhais (PR) that will expand capillarity and service capacity in the region.

The acquisition of Paraná Clínicas represents an important move in SulAmérica's growth strategy, strengthening our position and relevance in the South region of Brazil, with new options of more affordable products, expanding our product portfolio in a highly promising segment. With the conclusion of the Transaction, SulAmérica reaches more than 5% of market share in the state of Paraná in terms of beneficiaries.

In addition, the Transaction reinforces and accelerates our Health Management and Coordinated Care strategies, two main pillars of our operation in recent years. From a total of

2.3 million health beneficiaries, we already have over 500 thousand active ones being effectively coordinated with intensive use of technology and connected medicine, with an effective tracking of their entire journey in the private healthcare market.

With the conclusion of the recent strategic movements, we reinforced our position focused on taking care of the physical, emotional and financial health of our beneficiaries in an increasingly integrated manner.

In financial protection segments, we have also expanded our integrated health monitoring, with the recent and innovative launches of the telemedicine service (Doctor on the Screen) for life and private pension clients and the Financial Assistance product (SOSPrev) for private pension clients, offering favorable credit conditions to those in need, without the need of withdrawing from their pension plan reserves.

In this sense, with our growing focus on the more than 7 million clients of the Company, we take the opportunity to emphasize the confidence in our business model, increasingly investing in technology and innovation, in the expansion of our products and services and in our growth strategy in personal risk segments, reinforced by the conclusion of this Transaction.

Rio de Janeiro, September 10, 2020.

Ricardo Bottas Dourado dos Santos

Vice-President of Control and Investor Relations Officer

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Sul América SA published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2020 21:14:08 UTC