Notice To the market - Capital Increase: Beginning of the period to the Subscription of Unsubscribed Shares

NOTICE TO THE MARKET

Beginning of the period to the Subscription of Unsubscribed Shares

Rio de Janeiro, February 18, 2021 - The Brazilian multinational company Valid Soluções S.A. ("Company") (B³: VLID3 ON), a company specialized in platforms for safe identification, pursuant to Law nº 6.404, of December 15, 1976, as amended ("Brazilian Corporation Law") and the rules set out by the Brazilian Securities and Exchange Commission ("CVM"), hereby announces that, on February 11, 2021, was concluded the period for the exercise of preemptive rights for the subscription of the Company's common shares, all registered, book-entry and without par value ("Shares"), to be issued under the Company's capital increase, within the authorized capital limit, approved by the Company's Board of Directors at a meeting held on January 7, 2021 ("Capital Increase").

1.

RESULTS OF THE PEREMPTIVE RIGHTS EXSERCISE PERIOD

According to information provided by Banco do Brasil S.A ("Bookkeeping Agent"), until February 11, 2021 (including), the total of 9.012.366 new common shares issued by the Company ("Subscribed Shares"), was subscribed, at the issuance price of R$9,13 per share, in the total amount of R$82.282.901,58.

The Subscribed Shares correspond to, approximately 62,64% of the 14.387.500 common shares, which constitutes the maximum number of shares allowed under the Capital Increase, not including the effected Subscription Bonuses, as disclosed in the Material Fact and Notice to Shareholders, which was made available on January 7, 2021 ("Maximum Number of Shares" and "Material Fact and Notice to Shareholders", respectively). Hence, considering the Maximum Number of Shares, 5.375.134 Shares were not subscribed during the period of exercise of preemptive rights ("Unsubscribed Shares"). The issuance price of the Unsubscribed Shares will be the same issuance price approved by the Board of Directors on January 7, 2021, which is, R$9,13 per Share.

2.

UNSUBSCRIBED SHARES SUBSCRIPTION

In this sense, from February 23, 2021 (including) to March 1st, 2021 (including), the subscribers who have stated their interest in subscribing Unsubscribed Shares, while attending the Capital Increase conditions described in the Material Fact, will be entitled to subscribe 0,596904171 new shares for each share already subscribed by them during the period of exercise of preemptive rights, as demonstrated in the following chart:

Subscribed and Unsubscribed Shares
Shares (except %)
Total to be subscribed	14.387.500
Subscriptions that did not opt for unsubscribed shares	7.346
subscriptions that opted for unsubscribed shares	9.005.020
Total Subscribed	9.012.366
Unsubscribed Shares for distribution	5.375.134
Percentage for the exercise of the Subscription Right of the Unsubscribed Shares	59,6904171%

The fractions of shares resulting from the calculation of the percentage for the exercise of the subscription rights of the Remaining Shares will be disregarded.

After the distribution of the Unsubscribed Shares, once it has been verified that the subscription of new shares has exceeded the minimum of 7.193.750 Shares ("Minimum Number of Shares")

and the minimum amount for the Capital Increase ("Minimum Subscription"), if there are still remaining Unsubscribed Shares, the Company's Board Directors may, at its sole discretion, approve the partial Capital Increase homologation, as it will be detailed in the following chapter 3.

When subscribing to the Unsubscribed Shares to which the subscriber is entitled, he may also express an interest in subscribing an additional quantity of the Unsubscribed Shares, if available. In this way, the number of shares subscribed in the Apportionment of Remaining Shares may be greater than the amount of Unsubscribed Shares that the shareholder will be entitled to, up to the limit of Unsubscribed Shares available.

If the total number of shares subject to additional Unsubscribed Shares requests exceeds the number of Unsubscribed Shares available in the Unsubscribed Shares Apportionment, a proportional apportionment will be made among the subscribers who have requested to reserve additional Unsubscribed Shares. The percentage for the exercise of the right to subscribe to the Unsubscribed Shares in the Apportionment will be obtained by dividing the number of unsubscribed shares by the number of subscribed shares, in the preemptive right, by the subscribers who have expressed interest in the remaining shares, multiplying the quotient obtained by 100. If the total of shares subject to requests for additional Unsubscribed Shares, is the same or inferior to the number of available Unsubscribes Shares, the requests for additional Unsubscribed shares will be fully met.

The holders of shares held in custody at the Central Securities Depository of B3 S.A. - Brasil, Bolsa, Balcão ("Central Securities Depository") may subscribe the Unsubscribed Shares through its respective custody agents, in accordance with the rules stipulated by the Central Securities Depository. The date of the full payment of the Subscribed Unsubscribed Shares it will be disclosed by the Company in due course, with the opening of a period of 3 (three) business daysfrom the release of a Notice to Shareholders or Notice to the Market and will be carried out in accordance with the instructions of its custody agents.

Holders of shares held in custody with the Bookkeeping Agent must subscribe to the Unsubscribed Shares by completing subscription bulletins that will be available at any Banco do Brasil SA agency, from Monday to Friday, from 10 am to 4 pm or can contact by phone trough the telephone numbers (21) 3808-3715, 3808-3554 and 3808-6174.

Regarding the Unsubscribes Shares to which each subscriber is entitled, the payment of the Unsubscribed Shares held in custody with the Bookkeeping Agent shall be made in one single fee, in accordance with the Bookkeeping Agent's instructions. The payment of the Unsubscribed Shares before the Bookkeeping Agent must be made in one single fee, in national current, at the time of subscription, observing the rules and procedures of the Bookkeeping Agent.

The assignment of subscription rights for Unsubscribed Shares will be prohibited independently or autonomously from the assignment of subscription rights already made within the period to exercise the preemptive right.

THE EVENTUAL NON-CELEBRATION AND PRESENTATION OF A NEW SUBSCRIPTION BULLETIN BY SUBSCRIBERS WHO HAVE ORIGINALLY EXPRESSED THEIR INTEREST IN SUBSCRIBING THE UNSUBSCRIBED SHARES WILL IMPORT RESIGNATION TO THE RIGHT TO SUBSCRIBE ANY QUANTITY OF SHARES IN THE APPORTIONMENT.

3.

PARTIAL RATIFICATION OF THE CAPITAL INCREASE

As mentioned in item 2 above, since the Minimum Subscription has already been reached, the Company's Board of Directors may, at its sole discretion, approve the partial ratification of the Capital Increase.

In view of the possibility of ratifying the partially subscribed Capital Increase when the Minimum Subscription is reached, at the Company's discretion, a new Apportionment of Unsubscribed Shares or an auction of Unsubscribed Shares, may or may not be carried out after the Apportionment of Unsubscribed Shares, pursuant to article 171, §7, "b", in fine, of the Brazilian Corporation Law.

4.

PLACES OF CUSTOMER SERVICE

Shareholders holding subscription rights for shares under custody at the Central Securities Depository will be attended by the custody agents of the respective holders. Shareholders owning shares issued by the Company and registered with the Bookkeeping Agent, who wish to exercise their right of first refusal in the subscription of the new shares, within the subscription period informed above, should go to any branch of Banco do Brasil S.A. from Monday to Friday, from 10:00 a.m. to 4:00 p.m. to subscribe the new shares by signing the subscription form andpaying the corresponding price, or they may contact by phone at (21) 3808-3715, 3808-3554 and 3808-6174.

Each shareholder who exercises subscription rights and purchases shares within the Capital Increase will be considered to have represented and confirmed that (a) he or she is not a "U.S. person" for purposes of Rule 902 under the U.S. Securities Act of 1933, as amended ("Securities Act"); (b) he or she is a "qualified institutional buyer" for purposes of Rule 144A under the Securities Act. It is also understood and agreed that neither any rights nor any shares that may be issued upon exercise of the rights have been or will be registered under the Securities Act, and therefore may not be offered, sold, or exercised, directly or indirectly, in the United States of America.

The Company will keep its shareholders and the market in general informed about the Capital Increase, pursuant to applicable regulations. Further information may be obtained from the Company's Investor Relations Department, by phone [phone], or by e-mail:[e-mail]

Joel Mendes Rennó Jr.

Chief Financial and Investor Relations Officer