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MATERIAL FACT

São Carlos Empreendimentos e Participações S.A. ("São Carlos" or "Company", B3: SCAR3) informs that, on this date, it has signed through its wholly owned subsidiary Best Center Empreendimentos e Participações S.A. ("Best Center"), a memorandum of understanding with (i) Arthur Lundgren Tecidos S.A. - Casas Pernambucanas ("Pernambucanas"), (ii) Muricy Sociedade de Comércio, Representação e Participações Ltda. and (iii) Arthur Lundgren Investimentos Incorporação e Administração Ltda., through which Best Center committed to acquire and Pernambucanas to sell: (i) all shares of Altsa Property Gestão de Ativos S.A., owner of 28 properties and (ii) 13 properties; totaling 41 properties for retail business ("Properties"), in the amount of R$382,267,000.00.

The Properties are located in the states of São Paulo, Paraná, Minas Gerais, Mato Grosso, Mato Grosso do Sul, Goiás and Rio Grande do Sul, and will be leased by Best Center to Pernambucanas in a special regime, under Art. 54-A of Federal Law No. 8.245/91, for a period ranging from 10 to 16 years. The gross leasable area ("GLA") of the Properties totals 75,093 sq. m., of which 58% in São Paulo state.

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São Paulo, August 12, 2021

Fabio Itikawa
Investor Relations Officer

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