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CADE Approval for Acquisition of Sociedade Técnica Educacional da Lapa S.A. (FAEL)

Recife, November 26, 2021, Ser Educacional (B3 SEER3), one of the largest private education groups in Brazil and the leader in the Northeast and North regions, in addition to the material fact disclosed on May 31, 2021, hereby informs its shareholders and the market in general that the General Superintendence of the Administrative Council for Economic Defense ("CADE") has been issued the certificate No 1723/2021 approving, without restrictions, the acquisition of 100% of the share capital of Sociedade Técnica Educacional da Lapa S.A. ("FAEL") ("Society"), maintainer of the higher education institution Faculdade Educacional da Lapa - FAEL, which operates throughout the Brazilian territory, exclusively in the Digital Learning modality, by the 3L Tecnologias Educacionais e Soluções Digitais S.A. ("3L Digital"), a subsidiary of Ser Educacional S.A. ("Company"), pursuant to the Agreement for the Assignment and Transfer of Shares and Other Covenants ("Agreement") entered into by the parties.

The effective transfer of the interest to the Company and the financial settlement of the acquisition amount are still subject to the fulfillment of certain conditions precedent that are commonly applicable in this type of transaction, contained in the transaction documents.

The Company will keep its shareholders and the market in general informed of the next steps of the Acquisition, including compliance with the aforementioned conditions.

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