Certain Common Shares of Melnick Even Desenvolvimento Imobiliário S.A. are subject to a Lock-Up Agreement Ending on 25-MAR-2021. These Common Shares will be under lockup for 182 days starting from 24-SEP-2020 to 25-MAR-2021.

Details:
The Company, the Selling Shareholder and the Directors will be bound by the Offer Coordinators and International Placement Agents to enter into the Instruments of Lock-Up for a period of 180 (one hundred and eighty) days from the date of availability of the Definitive Prospectus or the Announcement of Commencement and subject to the exceptions provided for in the International Placement and / or the respective Lock-up Instruments, through which these may not, directly or indirectly, [(i) offer, sell, issue, contract the sale, contract the purchase, pledge, lend, grant any option, right or warranty to purchase, perform any short sale or dispose in any way or grant any rights (any of these shares, a “transfer”), or to register or give cause to any filing related to a registration statement (or equivalent) under Securities Act or the laws or regulations of Brazil, in all cases, with respect to the Securities Subject to Lock-up; (ii) enter into any swap agreement or any other form of agreement for whereby any of the economic results are transferred, in whole or in part arising from the ownership of any economic right related to the Securities Subject to Lock-Up, such operation, as provided for in item “(i)” above or in this item “(ii)”, settled by delivering Securities Subject to Lock-Up, in currency or under another form of payment; or (iii) publicly disclose the intention to carry out any transaction specified in items “(i)” to “(ii)” above].