Veste S A Estilo : Aviso aos Acionistas

VESTE S.A. ESTILO

(new name of Restoque Comércio e Confecções de Roupas S.A.)

Publicly-Held Company

CNPJ nº 49.669.856/0001-43

NIRE 35.300.344.910

NOTICE TO SHAREHOLDERS

END OF THE PERIOD FOR THE EXERCISE OF PREEMPTIVE RIGHTS AND APPLICABLE PROCEDURES

FOR THE SUBSCRIPTION OF UNSUBSCRIBED SHARES

Veste S.A. Estilo (new name of Restoque Comércio e Confecções de Roupas S.A.) ("Company") communicates to its shareholders and to the market in general, in continuity with the information disclosed in the Notice to Shareholders dated December 16, 2023, in connection with the Company's capital increase approved at a meeting of the Board of Directors held on December 14, 2022 ("Capital Increase"), the following:

END OF THE PERIOD FOR EXERCISING THE RIGHT OF FIRST REFUSAL

End of the Period for Exercising Preemptive Rights: The end of the period for exercising preemptive rights in the subscription of ordinary shares to be issued under the Capital Increase began on December 22, 2022, including, and ended on January 20, 2023, including.

Subscribed and Paid-inAmount: Based on the information provided by Itaú Corretora de Valores S.A., institution responsible for the bookkeeping of the shares issued by the Company ("Depository Institution"), during the period for the exercise of the preemptive right, twelve million, forty-three thousand, one hundred and sixty-two (12,043,162) new ordinary shares, registered and without nominal value, at an issue price of R$ 1.70 (one Brazilian real and seventy cents) each, with a total subscribed and already paid-in amount of twenty million, four hundred and seventy-three thousand, three hundredand seventy-five reais and forty cents (R$ 20,473,375.40), equivalent to approximately 20.47% of the Capital Increase amount.

Subscription Receipts at Itaú Corretora de Valores S.A.: The subscription receipts for shares subscribed in exercise of the preemptive right were made available to subscribers after the subscription form was signed, the funds were transferred and paid up at the Depository Institution, according to the Depository Institution's operating procedures.

Subscription Receipts at the Central Securities Depository of B3 S.A. - Brasil, Bolsa, Balcão ("B3"): The subscription receipts for shares subscribed in exercise of the preemptive right at the B3 Central Securities Depository ("Central Depository") were made available to the respective subscribers on the first business day following the last day of the end of the exercise of the preemptive right.

NON-SUBSCRIBED SHARES AND SUBSCRIPTION OF UNSUBSCRIBED SHARES

Number of Unsubscribed Shares: During the exercise period of the preemptive right, forty-six million, seven hundred and eighty thousand, three hundred and sixty-seven (46,780,367) registered ordinary shares with no par value were not subscribed, corresponding to approximately 79.53% of the maximum number of registered ordinary shares with no par value available for subscription under the Capital Increase ("Unsubscribed Shares"). Considering the amount already subscribed and paid-in, as well as the total amount of Unsubscribed Shares, at an issue price of one real and seventy cents (R$1.70) per share, established pursuant to article 170, § 1º, II, of the Corporation Law, to be paid-in in Brazilian currency, the amount of the Capital Increase will be one hundred million reais (R$100,000,000.00)

Subscription of Unsubscribed Shares: In accordance with article 171, § 7º, "b" of the Brazilian Corporation Law, the total Unsubscribed Shares will be offered for apportionment, in a single unsubscribed round, among the subscribers who, in the respective share subscription form during the period of preemptive rights, requested unsubscribed shares in proportion to the shares subscribed for by each of them.

Subscribers who, in compliance with the provisions of article 171, § 7º, "b" of the Brazilian Corporation Law, have notrequested the reservation of unsubscribed shares on the share subscription form duringthe period in which the preemptive right was exercised, will nothave the right to subscribe to unsubscribed shares.

Subscription Rights to Unsubscribed Shares. The subscriber who, at the time of the subscription, requested to reserve unsubscribed shares, will have the right to subscribe to 3.88439240458610000 new shares, for each share subscribed, during the period for the exercise of the preemptive right.

The percentage of rights to unsubscribed shares that each subscriber who requested rights to unsubscribed shares may subscribe was calculated by multiplying (x) the quotient of the division (a) of the total number of unsubscribed shares available for subscription by (b) the total number of shares actually subscribed during the end of the exercise of the right of first refusal by all subscribers who requested rights to unsubscribed shares, by (y) one hundred (100), as follows:

Total of Unsubscribed Shares (S)	46.780.367
Shares subscribed by subscribers who	12.043.162
requested Unsubscribed Shares (TAs)
Quantidade de Sobras para cada	3,88439240458610000
ação subscrita (S/TAs)
Percentage of Unsubscribed Shares	388,439240458610000%

Maximum amount of Unsubscribed Shares. The maximum number of Unsubscribed Shares that each shareholder or transferee of Preemptive Rights is entitled to subscribe is calculated by dividing the number of Unsubscribed Shares by the total number of shares subscribed with the option to participatein the apportionment of unsubscribed shares and multiplying by the number of shares that any shareholder or transferee of Preemptive Rights subscribed during the period of preemptive rights, according to the following formula: (Total quantity of Unsubscribed Shares / total quantity of subscribedshares with option to participate in the apportionment of unsubscribed shares X quantity of shares subscribed by the shareholder or transferee who opted for the apportionment of unsubscribed shares).

Fractions of shares. Fractions of shares resulting from the exercise of subscription rights to unsubscribed shares will be disregarded.

Round for subscription of unsubscribed shares. Only one subscription round will be held, as informed in the Notice to Shareholders published on December 16, 2022.

Subscription Price of Unsubscribed Shares. In accordance with the Notice to Shareholders published on December 16, 2022, the Unsubscribed Shares to be subscribed among the shareholders that express interest will be subscribed for the issue price of R$ 1.70 (one real and seventy centavos) per share, established pursuant to article 170, §1º, II, of the Corporation Law, to be paid up in Brazilian currency.

TERM FOR SUBSCRIPTION OF UNSUBSCRIBED SHARES AND PAYMENT METHOD

Term for Subscription to Unsubscribed Shares:The right to subscribe to Unsubscribed Shares must be exercised within five (5) business days from the date of publication of this Notice to Shareholders, by signing a new subscription form, that is, up to and including January 30, 2023.

Payment Method: The shareholders must pay the value corresponding to the unsubscribed shares in cash, upon subscription, in Brazilian currency, following the rules and procedures of the Depository institution and the Central Depository.

PROCEDURES FOR THE SUBSCRIPTION OF UNSUBSCRIBED SHARES

Shares Under Custody at the Depository Institution: Holders of subscription rights to Unsubscribed Shares held under custody at the Depository Institution who wish to exercise their right to subscribe for shares should contact the investor service team during the period of the exercise of subscription rights to Unsubscribed Shares.

The subscription right to Unsubscribed Shares will be exercised by signing a new subscription form, delivering the documentation indicated by the service team and transferring the corresponding amounts to the indicated account. The subscription form must be presented by the shareholder for subscription and exercise of his subscription right to Unsubscribed Shares with the Depository Institution.

Shares Under Custody at the Central Depository: Shareholders of subscription rights to Unsubscribed Sharesunder custody at the Central Depository must exercise their respective subscription rights through theircustody agents and in accordance with the rules established by the Central Depository. The signature of the new subscription form will represent the subscriber's irrevocable and irreversible expression of will to acquire the new subscribed shares, generating to the subscriber the irrevocable and irreversible obligation to pay them in upon the subscription.

Documentation for Share Subscription: Shareholders of subscription rights to Unsubscribed Shares held in custody at the Central Depository that wish to exercise their subscription rights to Unsubscribed Shares should consult their custody agents regarding the necessary documents. Holders of subscription rights to Unsubscribed Shares held in custody at the Depository Institution that wish toexercise their subscription rights to Unsubscribed Shares, directly through the Depository Institution,should present the following documents:

1. Individuals: identification document (CPF and RG) and proof of residence, bearing a written document with a notarized signature, declaring the exercise of the subscription rights of Unsubscribed Shares, as well as proving the number of shares held; and
2. Legal entity: (a) original copy and copy of the statute and minutes of election of the current board of directors or certified copy of the consolidated social contract or statute; (b) proof of enrollment in the National Registry of Legal Entities of the Ministry of Economy, (c) certified copy of the corporate documents that prove the powers of the signatory of the subscription form, and (d) certified copy of the identity document, CPF and proof of residence of the signatory(ies).

The documentation granting powers of legal representation and bearing a written document with notarized signature, declaring the exercise of the right to subscribe to Unsubscribed Shares, as well as proving the number of shares held. Shareholders represented by proxy must deliver, in addition to the above-mentioned documents, the respective power of attorney, which must contain special powers for exercising the right to subscribe to Unsubscribed Shares.

ADDITIONAL PROCEDURES

After the subscription of Unsubscribed Shares, if there are still unsubscribed Shares, the balance not apportioned among the Company's shareholders will be sold at B3 for the benefit of the Company, and the Board of Directors will ratify the Capital Increase.

WAIVER AND HOMOLOGATION

After determining the subscription of the Shares and the Unsubscribed Shares, and considering that there is no possibility of withdrawal or partial ratification of the Capital Increase, the Company's Board of Directors will meet in due course to ratify the Capital Increase.

For the avoidance of doubt, and considering that signing the subscription form represents their irrevocable and irreversible expression of the respective subscriber's will to acquire the new shares subscribed, no withdrawal by the subscribers to the Capital Increase seems possible.

NO DEADLINE TO RETRACT THE INVESTMENT

No additional period will be granted for retraction of the investment decision after the end of the Surplus Round, even if the Capital Increase has been partially subscribed.

STOCK CREDIT

The credit of the Shares, in the respective custody positions, will take place as of the 3rd (third) business day after the homologation date of the Capital Increase.

LOCATIONS OF THE DEPOSITORY INSTITUTION

The service to holders of rights to subscribe for Unsubscribed Shares held in custody at the Depository Institution may be provided at the commercial branches of Itaú Unibanco S/A. In case of doubts, shareholders may contact the following telephones: 3003-9285 (São Paulo) and 0800 720 9285(other locations).

ESTIMATED TIMELINE OF STEPS

Despite the timely disclosure of upcoming events, in order to facilitate the understanding of shareholders and the market in general about them, the Company presents below the estimated timeline of stages updated with the main steps involving the operation described herein:

Date(1)	Event
	Determination of the subscription by the shareholders, by the Depository, and
01.23.2023	indication of how many shares were not subscribed.
	Disclosure of the respective Notice to Shareholders.
01.24.2023	Beginning of the period for exercising the right to subscribe to unsubscribed shares.
01.30.2023	End of the period for exercising the right to subscribe to unsubscribed shares.

02.01.2023

Determination of the remaining shares and indication of the final subscription of the shares.

Disclosure of the respective Notice to Shareholders

02.08.2023

Board of Directors Meeting to homologate the Capital Increase.

1. The future dates provided above, except in cases arising exclusively from legal obligation, are merely indicative and subject to change at the Company's discretion.

ADDITIONAL INFORMATION

The Company may revise the steps and indicative timetable throughout the process for operational reasons and/or at the request of B3, the CVM and/or the depository bank.

More information can be obtained from the Company's Investor Relations Department, by [e-mail],or on the Company's website www.restoque.com.br.

São Paulo, January 23, 2023.

Guilherme de Biagi Pereira

Director of Investor Relations and Strategic Planning