WEG S A : Investments to expand capacity production of industrial and traction motors in Brazil

WEG S.A.

A PUBLICLY LISTED COMPANY

CNPJ nº 84.429.695/0001-11

NOTICE TO THE MARKET

Investments to expand capacity production of industrial and traction motors in Brazil

WEG S.A. (B3: WEGE3 / OTC: WEGZY) announces to its shareholders and the general market that it will invest R$ 660 million over the next three years to expand the production capacity of industrial motors and electric traction in Brazil.

In addition to the expansion of components factories and the export logistics building, a new factory will be built, dedicated to manufacturing industrial motors and especially motors for the electric mobility segment. The project will be executed in the industrial site of Jaraguá do Sul / SC, the company's headquarters, and will increase the current capacity of WEG's industrial motors up to 25% in the coming years.

According to the investment schedule, it is expected to complete the new industrial and traction motors plant in the 1st quarter of 2024. The building will have 18,000 m² of built area and will be designed to allow a gradual and continuous increase in production capacity and support its expansion needs in the following years.

This investment plan also includes the upgrading and modernization of the existing component factories and logistics building, totaling an expansion of approximately 23,000 m² of the built area to support the expected demand.

Jaraguá do Sul, September 27, 2022

André Menegueti Salgueiro

Finance Director and

Investor Relations Officer