WIZ SOLUÇÕES E CORRETAGEM DE SEGUROS S.A.

CNPJ n° 42.278.473/0001- 03 NIRE 53.300.007.241

Publicly Held Company

MATERIAL FACT

WIZ SOLUÇÕES E CORRETAGEM DE SEGUROS S.A. (B3:WIZS3) ("Company" or "WIZ"), in compliance whit the article 157, §4º, of the law 6.404, of December 15th, 1976, as amended ("Joint-stockCompany Law"), and pursuant to CVM Instruction n. 358, of January 3rd, 2002, as amended, informs to its shareholders and the market in general that, in this day, the WIZ CONSEG CORRETORA DE SEGUROS LTDA (WIZ CONSEG"), corporation controlled by the Company, signed with Messrs. CARLOS ALBERTO DE OLIVEIRA ANDRADE, CAOA's founder ("CAOA"), CARLOS ALBERTO DE OLIVEIRA

ANDRADE FILHO and CARLOS PHILIPPE LUCHÉSI DE OLIVEIRA ANDRADE, investment agreement for the future constitution of an insurance broker ("CAOA SEGUROS"), through a 50% interest of WIZ ("Transaction").

CAOA is considered the biggest operation of distribution and fabrication of cars in Latin America and has, currently, a network of 233 motor vehicle dealerships, of wich 156 are owned and, in the end of 2019, joined the rental car market. CAOA is the official distributor of Subaru, Hyundai and Chery in Brazil, and also is the biggest Ford retailer in the Latin America.

The administration of the Company ("Administration") understands that this transaction is strategic, because is in line with the growth vison of the Wiz in the context of expansion and diversification of its Business Units. The agenda of inorganic growth of the Company is based in the identification of the business partners that have channels with high potential for profitability through insurance and financial products, with potential to be developed by the Know-how and expertise of the WIZ conglomerate companies.

In addition, in the scope of the Transaction, will be signed (i) between CAOA and CAOA SEGUROS, an operational agreement that ensure to CAOA SEGUROS hasthe right to market exclusively, in the distribution network controlled by CAOA, insurance and financial products and services, with the exception of consortium, for the period of 20 (twenty) years after the closing of Transaction, (ii) between Wiz Conseg, CAOA and CAOA

SEGUROS, as the consenting intervener, a shareholders' agreement, which will regulate

the corporate rights related to the conduction of the business of the new operation, among which, the indication of subjects matters to quorums by unanimity and the form and composition of the administration of CAOA SEGUROS, the obligation of Wiz Conseg to bear costs and expenses necessary for the operation of CAOA SEGUROS in the period of 24 (twenty four) months after the closing.

The closing and the effective completion of the Transaction will be subject to the usually suspensive conditions in this kind of Transaction, including the approval of the operation by the Conselho Administrativo de Defesa Econômica - CADE.

For the better knowledge of the terms of the Transaction, the Administration prepared a corporative presentation that summarizes the main aspects. This presentation can be accessed by the link (bit.ly/361BnvU). In addition, the presentation can be accessed in CVM website (www.cvm.gov.br) (in the section "Comunicado ao Mercado"), of B3 S.A - Brasil, Bolsa, Balcão (www.b3.com.br) and in the section investors relations of the Company (www.wizsolucoes.com.br/ri).

Brasília/DF, January 21st, 2021.

WIZ SOLUÇÕES E CORRETAGEM DE SEGUROS S.A.

Heverton Pessoa de Melo Peixoto

Chief Executive and Investor Relations Officer

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Wiz Soluções e Corretagem de Seguros SA published this content on 21 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2021 22:27:07 UTC