Indices Procedures due to FII Santander Papeis Imobiliarios CDI (SADI11) Spin-off

We hereby inform you that, due to FII SANT PAP (SADI11) spin-off, according to
the fund material fact disclosed on April 17, 2023, new theoretical quantities
will be applied in the B3 indices as of the next rebalance on May 3rd, 2023.

Index: IFIX
Theoretical Quantity announced in 3rd preview: 3,180,207
Theoretical Quantity valid for January 03, 2022: 1,548,591

Santander Papeis Imobili... (BOV:SADI11)
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