AgroGalaxy Participações S.A. signed an agreement to acquire 80% stake in Ferrari Zagatto Comercio De Insumos Ltda. for approximately BRL 110 million on June 11, 2021. AgroGalaxy Participações S.A. will also sign agreement to acquire remaining 20% stake in Ferrari Zagatto Comercio De Insumos Ltda. The revenues of Ferrari Zagatto Comercio De Insumos for 2020 are BRL 579 million. The transaction is subject to regulatory approval including Brazilian Administrative Council for Economic Defense approval. José Diaz of Demarest Advogados acted as legal advisor to AgroGalaxy Participações S.A. Elie Jaques Sherique, Paulo Markossian Nunes, Mariana Miranda Perecin and Andre Moretti De Gois of Machado, Meyer, Sendacz e Opice acted as legal advisor to Ferrari Zagatto Comercio De Insumos Ltda.