TOTVS S.A. (B3: TOTS3) ("Company" or "TOTVS") hereby informs its shareholders and the market in general that the Board of Directors, in a meeting held on this date, pursuant to the resolutions below, approved the payment of interest on equity in the total amount of thirteen million, seventy-six thousand, one hundred and thirty reais and eighty-eight cents (R$13,076,130.88), corresponding to R$0.08 per share, which shall be included in the minimum mandatory dividends in accordance with article 39 of Company's By-laws.
The payment of interest on equity will be subject to the following conditions:
1. All shareholders registered as such on December 28, 2018 shall be entitled to receive the payment of the interest on equity; 2. TOTVS' shares will be traded "ex-interest on equity" as of January 02, 2019; 3. The interest on equity will be paid on May 09, 20189, with no monetary readjustment from this date to on May 09, 2019, at the bank account and at the banking domicile of the Shareholder informed to Banco Itaú S.A.; 4. Shareholders whose registration does not contain their individual or corporate taxpayer's number (CPF/CNPJ) or their bank/branch and/or current account number, will have their payment credited as soon as they update their registration details at any branch of Banco Itaú S.A.; 5. Payments will be subject to Income Tax withholding pursuant to the legislation in force; and 6. For exempt Corporate Shareholders not to be subject to the withholding of income tax stated above, such Corporate Shareholders shall comply with the legislation in force by sending the proof of immune or exempt condition, which should be delivered until December 28, 2018, at the Company's headquarters at Avenida Braz Leme, nº 1000, Casa Verde - CEP: 02511-000 - São Paulo - SP - Phone: (11) 2099-7773, to the Investor Relations Department of TOTVS.
TOTVS SA published this content on 21 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 December 2018 21:19:01 UTC
Totvs SA is a Brazil-based company engaged in the information technology (IT) sector. The Company focuses on developing integrated management software solutions, collaboration and productivity platforms, as well as on consulting services. The Company mainly provides enterprise resource planning (ERP) applications, which electronically integrate the strategic and operational levels of a user company. It offers ERP software in various areas, such as administration, education, finance, industrial, human resources, customer service and logistics. The Company operates in Brazil, Argentina, Colombia, Mexico, Portugal and the United States, among others. It controls a number of subsidiaries, including Solucoes em Software e Servicos TTS Ltda, Datasul Argentina SA and Neolog Consultoria e Sistemas SA.
TOTVS S.A. 
