ULTRAPAR PARTICIPAÇÕES S.A.

MARKET ANNOUNCEMENT

São Paulo, January 25, 2021 -Ultrapar Participações S.A. (B3: UGPA3

  • NYSE: UGP, "Company" or "Ultrapar"), as a complement to the material notice of January 12, 2021, informs that the event announced was a ransomware attack in the Company's information technology environment.

As a precautionary measure, Ultrapar interrupted its systems, partially affecting, for a short period of time, the operations of its subsidiaries. All security and control measures were promptly adopted to remedy the situation, and, as of January 14, the operational systems of the Company and its subsidiaries were gradually reestablished, with caution and safety, according to the priority and relevance of each affected process. Currently 100% of the critical information systems of the Company and its subsidiaries are fully functional.

During the ongoing investigations, Ultrapar identified the non-authorized copy and release of certain data and is currently verifying the amount of exfiltrated and/or disclosed information, as well as the existence of potential impacts to its businesses and third parties, in order to adopt the applicable measures.

According to the most recent assessment, Ultrapar does not expect material impacts in its results due to this incident. The Company has a cyber insurance policy in place, which has already been triggered for the present event.

The Company will maintain the market duly informed of new relevant updates relating to this event.

Rodrigo de Almeida Pizzinatto

Chief Financial and Investor Relations Director

Ultrapar Participações S.A.

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Ultrapar Participações SA published this content on 25 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2021 14:07:08 UTC