TABLE OF CONTENTS

MESSAGE FROM THE MANAGEMENT

DEAR SHAREHOLDERS,

The management of Oi S.A. - In Judicial Reorganization ("Oi" or "Company") calls the Shareholders to attend in the Company's next Extraordinary Shareholders' Meeting ("Meeting"), to be held on January 27, 2022, at 11:00 am, at the Company's headquarters, located at Rua do Lavradio, No. 71, Centro, in the City of Rio de Janeiro, RJ, which will deliberate on: (1) Consideration and resolution on the issuance, by the Company, of a statement required by Anatel for the purpose of the merger of OI Móvel S.A. - In Judicial Reorganization ("Oi Móvel"), by the Company, as provided for in the Judicial Reorganization Plan; (2) ratification of the appointment and contracting of the specialized company Meden Consuloria Empresarial LTDA. ("MEDEN"), as responsible for the preparation of the valuation report, at book value, of Oi Móvel's shareholders' equity, to be incorporated to the Company's shareholders' equity (the "Valuation Report"); (3) evaluation and resolution about the Valuation Report prepared by Meden, for the purposes of the merger of Oi Móvel by the Company; (4) examination, discussion and resolution on the Protocol and Justification of the Merger of Oi Móvel S.A. - In Judicial Reorganization with and into Oi S.A. - In Judicial Reorganization, including all its attachments ("Protocol and Justification of the Merger"), which establishes the terms and conditions of the merger of Oi Móvel with and into the Company (the "Merger"); (5) the Merger proposal, pursuant to the Protocol and Justification of the Merger and pursuant to article 227 of the Law No. 6,404 (the "Brazilian Corporation Law"); and (6) authorization for the Company's management to practice all acts necessary to effect the Merger.

The merger is one of the stages of the corporate and equity restructuring process of the Oi Group companies, provided for in the Amendment to the Judicial Reorganization Plan, approved by the creditors at a meeting held in September 2020. The objective is to ensure the optimization of the operations of the companies under reorganization, allowing for a better rationalization of administrative, economic and fiscal costs.

We emphasize that as of 2022, as a result of the company's transformation process, we will have a new Oi, a lighter and more agile company, focused on offering fiber connectivity services, but that go far beyond that. We want to be a reference in providing digital experiences, with access to content and services such as streaming, connected home, financial services, the marketplace, among others, transforming our brand into a reference for consumption platform in the country. In the corporate segment, through Oi Soluções, we already offer innovative projects in IT, information security, network management, etc. In all these cases, fiber is at the heart of our operations. It should also be noted that, as part of its strategic direction and new focus of action, Oi evolved to the model of structural separation of its infrastructure, creating V.tal neutral network

3

INVITATION

EXTRAORDINARY GENERAL

MEETING OF OI S.A. - IN JUDICIAL REORGANIZATION

Information about the Meeting

How to get there

Click on the map

5