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Notice to the Market - COVID 19

Recife, March 16, 2020, Ser Educacional S.A. ("Company") (B3 SEER3, Bloomberg SEER3:BZ and Reuters SEER3.SA), one of the largest private education groups in Brazil and leader in the Northeast and North regions, informs that the Municipalities of Recife, Brasilia and the Government of the State of Rio de Janeiro, between March 13 and 15, decreed the suspension of on campus classes for a period of 15 days, with specific starts for each city, as part of a set of measures aimed at mitigating the spread of COVID-19.

The measures exclusively alter the calendar of the on campus classes and will be replaced during the period of return to classes in the regime of extension of the daily workload, by Distance Learning, or in anticipation of the July vacation period. Ser Educacional believes that new states and municipalities may decree to suspend on campus classes in the coming days and that these cases will be dealt with within the same class replacement model.

Distance learning activities, as well as enrollment and re-enrollment of students are occurring normally, and the measures adopted do not alter the Company`s revenue recognition.

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