TOTVS S A : Board of Directors' Meeting 04/19/2022 - Minutes (To elect the Chairman and Vice-Chairman of the Board of Directors; and Election of the members of the Advisory Committees of the Board of Directors)

TOTVS S.A.

Corporate Taxpayers' Id. (CNPJ) No. 53.113.791/0001-22

Company Registry (NIRE) No. 35.300.153.171

MINUTES OF THE BOARD OF DIRECTORS' MEETING

HELD ON APRIL 19, 2022

1. DATE, TIME, and PLACE: virtual meeting held on April 19, 2022, at 5:30 p.m., pursuant to article 18 of the Bylaws and article 17 of the Charter of the Board of Directors of TOTVS S.A. ("TOTVS", or the "Company").

2. CHAIR AND SECRETARY: Chairman: Mr. Laércio José de Lucena Cosentino; Secretary: Ms. Téssie Massarão Andrade Simonato.

3. CALL AND ATTENDANCE: call notice was duly carried out under article 18, paragraph 1 of the Company's Bylaws. All members of the Board of Directors, elected at the Annual General Meeting held on the present date, were present, namely: Messrs. Laércio José de Lucena Cosentino, Eduardo Mazzilli de Vassimon, Gilberto Mifano, and Guilherme Stocco Filho, and Misses Maria Letícia de Freitas Costa, Sylvia de Souza Leão Wanderley, and Tania Sztamfater Chocolat.

4. AGENDA: (I) To elect the Chairman and Vice-Chairman of the Board of Directors; and (II) To elect the members of the Advisory Committees of the Board of Directors and their respective coordinators.

5.

RESOLUTIONS:

5.I. To elect the Chairman and Vice-Chairman of the Board of Directors: pursuant to article 17 of the Company's Bylaws and article 10 of the Charter of the Board of Directors, Mr. LAÉRCIO JOSÉ DE LUCENA COSENTINO, Brazilian, married, electrical engineer, inscribed in the individual taxpayers register (CPF/ME) under No. 032.737.678-39 and bearer of Identification Document (RG) No. 8.347.779 issued by SSP/SP, and Ms. MARIA LETÍCIA DE FREITAS COSTA, Brazilian, single, production engineer, inscribed in the individual taxpayers register (CPF/ME) under No. 050.932.788-58 and bearer of the Identification Document (RG) No. 6.057.278-4 issued by SSP/SP, were unanimously elected, having been recorded the abstention of the elected persons, respectively, the Chairman and Vice-Chairwoman of the Company's Board of Directors, for a term of office that will end on the date of the 2024 Annual General Meeting.

5. II. Election of the members of the Advisory Committees of the Board of Directors: pursuant to article 20 of the Company's Bylaws, articles 22 and 33 of the Charter of the Board of Directors, and article 6 of the Charter of the Statutory Audit Committee, the Board of Directors unanimously elected, for a term of office that will end on the date of the 2024 Annual General Meeting, the following members to compose the Advisory Committees:

(a) STRATEGY COMMITTEE: (i) Ms. MARIA LETÍCIA DE FREITAS COSTA, already identified hereinabove, who will hold the position of Coordinator of the Strategy Committee, having been recorded her abstention in the resolution that elected her to this position; (ii) Mr. LAÉRCIO JOSÉ DE LUCENA COSENTINO, already identified above, who will hold the position of a member of this Committee; (iii) Mr. GUILHERME STOCCO FILHO, Brazilian,single, business administrator, inscribed in the individual taxpayers register (CPF/ME) under No. 176.649.438-25 and bearer of the Identification Document (RG) No. 18.288.054 issued by SSP/SP, who will hold the position of a member of this Committee;

(b) STATUTORY AUDIT COMMITTEE: (i) Mr. GILBERTO MIFANO, Brazilian,

married, business administrator, inscribed in the individual taxpayers register (CPF/ME) under No. 566.164.738-72 and bearer of Identification Document (RG) No. 3.722.086 issued by SSP/SP, who will hold the position of Coordinator of the Statutory Audit Committee, having been recorded his abstention in the resolution that elected him to this position; (ii) Ms. TANIA SZTAMFATER CHOCOLAT, Brazilian, married, production engineer, inscribed in the individual taxpayers register (CPF/ME) under No. 278.583.348-16 and bearer of the Identification Document (RG) No. 29.583.956, issued by SSP/SP, as a member of this Committee; and (iii)

LAVÍNIA MORAES DE ALMEIDA NOGUEIRA JUNQUEIRA, Brazilian, single, lawyer,

inscribed in the individual taxpayers register (CPF/ME) under No. 269.993.118-70 and bearer of the Identification Document (RG) No. 26.662.136-3 issued by SSP/SP, as an external independent member of this Committee;

(c) GOVERNANCE AND NOMINATION COMMITTEE: (i) Mr. EDUARDO MAZZILLI

DE VASSIMON, Brazilian, married, economist, inscribed in the individual taxpayers register (CPF/ME) under No. 033.540.748-09 and bearer of the Identification Document (RG) No. 9.539.448-5 issued by SSP/SP, who will hold the position of Coordinator of the Governance and Nomination Committee, having been recorded his abstention in the resolution that elected him to

this position; (ii) Mr. LAÉRCIO JOSÉ DE LUCENA COSENTINO and (iii) Mr.

GILBERTO MIFANO, both already identified above, as members of this Committee;

(d) PERSONNEL AND COMPENSATION COMMITTEE: (i) Ms. SYLVIA DE SOUZA

LEÃO WANDERLEY, Brazilian, married, business administrator, inscribed in the individual taxpayers register (CPF/ME) under No. 731.199.977-49 and bearer of the Identification Document (RG) No. 5.846.104-7 issued by IFP/RJ, who will hold the position of Coordinator of the Personnel and Compensation Committee, having been recorded her abstention in the resolution that elected her to this position; (ii) Mr. EDUARDO MAZZILLI DE VASSIMON;

and (iii) Mr. LAÉRCIO JOSÉ DE LUCENA COSENTINO, both of them already identified hereinabove, as members of this Committee.

The Directors and members of the committees will take their respective offices on April 20, 2022 by signing the corresponding terms of investiture.

6. APPROVAL AND SIGNATURE OF THE MINUTES: there being no further business

to discuss, the Chairperson called the meeting to a close. These minutes were read and approved with no reservations by all those present. We certify that this is a free translation of the original minutes drawn up in the Company's records.

Sao Paulo, April 19, 2022.

[Signatures on the next page]

[Signature page of the Minutes of the Meeting of the Board of Directors of TOTVS S.A. held on

April 19, 2022]

Chair and Secretary:

____________________________________

Laércio José de Lucena Cosentino

Chairperson

Board members present:

____________________________________

Laércio José de Lucena Cosentino

____________________________________

Téssie Massarão Andrade Simonato

Secretary

____________________________________

Eduardo Mazzilli de Vassimon

____________________________________

Gilberto Mifano

____________________________________

Guilherme Stocco Filho

____________________________________

Maria Letícia de Freitas Costa

____________________________________

Tania Sztamfater Chocolat

____________________________________

Sylvia de Souza Leão Wanderley