Ultrapar Participacoes S A : Consortium between Ultragaz and Supergasbrás for sharing operating assets

ULTRAPAR PARTICIPAÇÕES S.A.

MARKET ANNOUNCEMENT

Consortium between Ultragaz and Supergasbrás for sharing operating assets

São Paulo, July 12, 2022 - Ultrapar Participações S.A. (B3: UGPA3 / NYSE: UGP, "Ultrapar"), pursuant to CVM Resolution 44/21, informs that it has submitted for approval by the Administrative Council of Economic Defense ("CADE") a consortium agreement, between Cia. Ultragaz S.A. ("Ultragaz") and Supergasbrás Energia Ltda. for sharing part of its operations and infrastructure of LPG storage and filling bases ("Agreement").

Once approved, the Agreement will enable Ultragaz to expand its presence from 19 to 25 filling bases, providing greater supply security in the regions served and better service levels, benefiting customers and resellers. In addition, this operational agreement will enable the capture of operating efficiencies for Ultragaz and will also optimize investments. There will be no changes in the commercial operation of both companies.

This action demonstrates Ultragaz's continuous ability to pursue efficiency and Ultrapar's willingness to establish strategic partnerships in its business portfolio.

Both companies will maintain their regular and independent course of business until the approval by CADE.

Rodrigo de Almeida Pizzinatto

Chief Financial and Investor Relations Officer

Ultrapar Participações S.A.