CNPJ nº 97.837.181/0001-47
A Public Listed Company
SUMMARY MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD DECEMBER 13, 2021
DATE, TIME, FORMAT AND PLACE: On December 13, 2021, at 12:10 p.m., at Avenida Paulista, 1938, 5th floor, city and state of São Paulo.
CHAIR: Alfredo Egydio Setubal (Chairman), Alfredo Egydio Arruda Villela Filho and Helio Seibel (Vice-Presidents) and Guilherme Setubal Souza e Silva (Secretary).
QUORUM: the totality of the effective members.
RESOLUTION ADOPTED: The Board of Directors decided, unanimously and without qualification, pursuant to the article 19 of the Bylaws, to approve the contraction of a revolving credit facility by the Company with Banco do Brasil S.A. in the amount of up to R$ 500,000,000.00 (five hundred million reais), with a withdrawal term of 12 (twelve) months. The said revolving credit facility shall also have (i) an upfront fee of 0.10% flat, (ii) a commitment fee of 0.45% per year;
a repayment term of 2 (two) years after withdrawal; and (iv) an interest rate of 117.5% of the CDI (Interbank Deposit Certificate) or CDI + 2.03% per year.
The Board of Officers is authorized to perform all acts necessary to implement the above resolution, including, but not limited to negotiating the interest rate.
CLOSING: with the work of the meeting concluded, these minutes, which having been drafted, read, and approved, were signed by all. São Paulo (SP), December 13, 2021. (signed) Alfredo Egydio Setubal - Chairman; Alfredo Egydio Arruda Villela Filho and Helio Seibel - Vice- Presidents; Andrea Laserna Seibel, Juliana Rozenbaum Munemori, Márcio Fróes Torres, Raul Calfat, Ricardo Egydio Setubal e Rodolfo Villela Marino - Directors; and Guilherme Setubal Souza e Silva - Secretary.
São Paulo (SP), December 13, 2021.
Carlos Henrique Pinto Haddad
Vice President of Administration, Finance, and Investor Relations