Sendas Distribuidora SA

09/16/2021 | Press release | Distributed by Public on 09/16/2021 07:33



Sendas Distribuidora S.A. ('Company'), in accordance with Law No. 6,404/76, of December 15, 1976, as amended, and CVM Instruction No. 358/02 and in continuation to the Material Fact disclosed on July 19, 2021, informs its shareholders and the market in general that, on this date, it concluded the sale of 2 properties, out of the 5 properties, which are object of the 'Private Instrument of Commitment of Real Estate Investment, Commitment of Purchase and Sale of Real Estate and Incorporation of in Rem Right of Surface, Under Suspensive Conditions and Other Covenants' executed on July 19, 2021 with the investment fund administered by BRL Trust Distribuidora de Títulos e Valores Mobiliários S.A. and managed by TRX Gestora de Recursos Ltda. ('Instrument').

This first tranche is composed of the sale and subsequent lease of Company's properties located in the states of São Paulo (already built) and Rondônia (land area over which construction and real estate development project will be carried out) ('Properties').

The sale amount of those Properties was BRL 134,585,787.08 and represents around 37% of the total sale amount of the properties as previously disclosed on Material Fact 19/07. Any change to the mentioned total amount due to the facts already disclosed will be informed after the sale conclusion of the other properties subject to the Instrument.

The lease agreements were executed with a 20-year lease term, renewable for the same term, ensuring the continuity of the Company operations in the Properties.

The performance of the acquisition of the other properties subject to the Instrument remains conditioned to the fulfillment of certain suspensive conditions, as disclosed on Material Fact 19/07.

The Company will keep the market and its shareholders informed of any new material facts related to this matter.

São Paulo, September 01, 2021.


Gabrielle Helú

Investor Relations Officer