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Notice to the Market

Recife, December 29, 2020, Ser Educacional S.A. (B3 SEER3), one of the largest private education groups in Brazil and the leader in the Northeast and North regions, pursuant to paragraph 4 of article 157 of Law 6,404/1976 and CVM Instruction 358/2002, hereby informs its shareholders and the market in general that it has concluded the lengthening of the maturity schedule of its financial debt, thus reducing average funding costs and optimizing the amortization cash flow.

The Company renegotiated financing agreements entered into with Itaú Unibanco S.A ("Itaú") and Banco Santander Brasil S.A ("Santander") to reinforce its cash position as a way to prevent financial impacts arising from the Coronavirus pandemic (Covid-19), as per the Material Fact disclosed to the market on April 30, 2020. The Company’s operations will be structured as follows:

The above-mentioned strengthening of debt maturity does not change any conditions, agreements, credit limits and payment terms of the agreements entered into with our suppliers.

The Company reiterates its commitment to keeping shareholders and the market in general informed on the development on this matter and any other matters of interest to the market.

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IR Contact:


Rodrigo de Macedo Alves / Geraldo Soares de Oliveira Júnior
+55 (11) 2769-3223 | ri@sereducacional.com | http://ir.sereducacional.com

Media Relations:
Silvia Fragoso | +55 (81) 3412-6285 | silvia.fragoso@sereducacional.com

Loures Consultoria:
Ludmilla Gutierrez | ludmilla.gutierrez@loures.com.br