Management Report 2020

" - .... Management Report 2020 33. Subsequent event Judicial process that became final in a subsidiary On 01/08/2021, the process that recognized the right, the controlled company SLC MIT Empreendimentos Agrícolas S/A, to exclude revenues from indirect ex- ports from the calculation basis of the social security contribution referred to in art. 25 of Law No. 8,870 / 94. The subsidiary SLC MIT Empreendimentos Agrícolas S/A is surveying the value of the credit to be recovered, for later qualification at the Federal Revenue Service. Potential Business Combination with Terra Santa Agro S.A. - Approved by CADE As mentioned in the Material Fact published on November 26, 2020, the Company signed a non-binding Memorandum of Understanding with Terra Santa Agro SA ("Terra Santa") that establishes indicative assumptions, terms and conditions for a transaction through which the Company would take over the agricultural oper- ations of Terra Santa through the incorporation of Terra Santa shares by SLC Agrícola, in accordance with articles 252, 224 and 225 of Law No. 6,404/76. As part of the conditions for carrying out the potential business combination with Terra Santa, the transaction was submitted for approval by the Administrative Council for Economic Defense - CADE, having been approved on January 7, 2021, without restrictions. If there is a sequence in the negotiation, the Company will disclose the transaction in accordance with the requirements of the corporate law and CVM regulations. SLC Agrícola 146

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