Cyrela Brazil Realty S A Empreendimentos e Participações : - Notice to Market - Cury IPO

Notice to the Market

A Pubicly-Held Company

Corporate Taxpayer's ID (CNPJ/MF): 73.178.600/0001-18

Corporate Registration Number (NIRE): 35.300.137.728

Notice to the Market

São Paulo, August 27, 2020 - CYRELA BRAZIL REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES, a corporation, with headquarters at Rua do Rócio, 109, 2nd floor, room 01- partial, Vila Olímpia, CEP 04552-000, in São Paulo city, São Paulo, ("Company" or "Cyrela"), communicate, in refference to the Material Fact dated of July 25, 2020, it has been published on this date the Notice to Market and the Preliminary Prospectus referred to the initial public offering of primary and secondary ordinary shares of Cury Construtora e Incorporadora S.A. ("Cury") issue, to be released in Brazil, in the terms of the Brazilian Securities Commission ("CVM") Instruction nº 400 from December, 2009, including placement efforts (i) in the United States of America, exclusively to qualified institutional buyers that are residents of the United States of America, pursuant to the 144A of the U.S. Securities Act from 1933 in the United States of America, published by the U.S. Securities and Exchange Commission ("SEC"), as amended ("Securities Act"), in operations with the exempt of the registering in the United States of America, in accordance with Securities Act, and also in the terms of any other federal and state rules of the United States of America about securities; and (ii) in other countries, except the United States of America and Brazil, to investors that are considered nonresidents in the United States of America or are not established in accordance with the laws of this country in the terms of the Regulation S, published by SEC in the Securities Act, observing the respective laws of each investor residence country ("Offer").

Notice to the Market

The Notice to Market and Prospect will be available for consultation at the Company's website, the Cury's website, the Offer coordinators, in the Brazilian Securities Exchange Commission ("CVM") website, and also in the B3 S.A. - Brasil, Bolsa, Balcão's website.

This Notice is exclusively informative, in accordance with the terms of the existing legislation, and should not be considered as an announcement of shares offering or an investment recommendation. It will not be held any Offer or common shares registering in any regulatory agency of any other country beside Brazil, along with CVM.

São Paulo, August 27, 2020.

Miguel Maia Mickelberg

Investor Relations Officer