WEG S.A. GRUPO WEG

A PUBLICLY LISTED COMPANY CNPJ 84 429 695/0001-11

AVENIDA PREFEITO WALDEMAR GRUBBA, 3.300 JARAGUÁ DO SUL - SANTA CATARINA

CALL NOTICE

ANNUAL SHAREHOLDERS' MEETING

The shareholders of this Company are hereby invited to the General Ordinary and Extraordinary Meeting, to be held on April 27, 2021, at 3 p.m., at the Company's headquarters, located at Av. Prefeito Waldemar Grubba, 3.300, Jaraguá do Sul, state of Santa Catarina, with the following AGENDA:

At the Ordinary General Shareholders' Meeting:

  • 1. Examine, discuss and vote on the management report, financial statements, independent auditors' report, fiscal council opinion and other documents relating to the

  • fiscal year ended December 31, 2020.

  • 2. Approval on the destination of the net earnings of the fiscal year and the capital budget for 2021 as proposed by the Board of Directors, as well as, ratify the dividend and interest on stockholders' equity, as previously announced by the Board of Directors.

  • 3. Decide upon management's global annual pay.

  • 4. Election of the Fiscal Council members, composed of 3 (three) members and their substitutes.

  • 5. Decide upon Fiscal Council's pay.

  • 6. Approve the newspapers used for the legal announcements and disclosures.

At the Extraordinary General Shareholders' Meeting:

  • 1. Examine on the proposal to stock split of the common shares issued by the Company, passing each 1 (one) common share representing 2 (two) common shares, without increasing the Capital Stock.

  • 2. Examine, discuss and vote on the proposal of the Board of Directors regarding amendments to the Bylaws to accommodate the previous topic proposal, if approved, as well as to incorporate the purposes what is determined by the new version "Novo Mercado Listing Regulation" by B3 and the Corporate Governance Report approved by the Brazilian Securities and Exchange Commission (CVM).

  • 3. Consolidation of the Bylaws aiming at adjusting the resolutions approved by the

    General Shareholders' Meeting in relation to the previous item.

Additional Information:

Documentation - All documents and information needed for the shareholders to exercise their right to vote, in particular the proposals from the management relating to the issues in vote, are available at the internet pages of the Brazilian securities regulator Comissão de Valores Mobiliários (www.cvm.gov.br), B3 (www.b3.com.br) and of the Company (ir.weg.net).

Remote voting - In compliance with the provisions of the sole paragraph of Article 121 of Law 6,404/76, Company will provide a distance voting channel, in the form regulated by CVM Instruction 561/15.

Proxy voting - Shareholders may participate in the Meeting on their own account or represented by their legal representatives or proxies appointed as such for less than one year, that are also shareholders, a Company manager or an attorney at law, and the proxy must comply with provisions of Brazilian law nº 6.404/76 and CVM Instruction nº 481/2009.

Jaraguá do Sul (SC), March 24, 2021

DÉCIO DA SILVA Chairman of the Board

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WEG SA published this content on 24 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2021 12:14:06 UTC.