SEQUOIA LOGÍSTICA E TRANSPORTES S.A.

CNPJ Nº 01.599.101/0001-93 NIRE Nº 35.300.501.497

COMPANHIA ABERTA

NOTICE TO THE MARKET

COMMERCIAL PARTNERSHIP SEQUOIA AND MELHOR ENVIO (LOCAWEB)

Sequoia Logística e Transportes S.A. ("Sequoia" or "Company") (B3: SEQL3) communicates to its shareholders and the market in general that has closed a commercial partnership with Melhor Envio, a logistics platform that connects sellers to the main carriers and logistics companies in Brazil, a subsidiary of Locaweb Serviços de Internet S.A. ("Melhor Envio" and "Locaweb", respectively).

The partnership between Sequoia and Melhor Envio was developed through DROPS, a company controlled by Sequoia, built in September 2021. DROPS offers PUDOs ("pick-up and drop-off points") services, and has already more than 1,200 points (entrepreneurs, merchants, and postal services providers) for dropping-off,picking-up and returning orders throughout Brazil. In addition to the wide national presence, DROPS has built a proprietary technological platform and conducts constant training for its partners, to offer an agile and easy service, and to generate experiences of excellence for their customers and users.

Through the partnership, customers of Melhor Envio, who issue more than 1.5 million labels per month, will be able to drop their packages from different logistics players at any DROPS' point, simplifying their delivery processes with lower costs. The operations of Melhor Envio and DROPS are already systemically and operationally integrated, and the expectation is that in the first half of 2023 all Melhor Envio customers will have hundreds of DROPS' points available throughout the state of São Paulo and that along this year the service will be extended to other regions of Brazil.

This partnership represents to DROPS an important step in the offering of PUDO's services as an alternative to other traditional shipping solutions in the market, enabling the connection of different business models to customizable solutions for the optimization and diversification of their logistics operations.

With this initiative, Sequoia continues to expand its capacity to serve the e-commerce industry, while reinforcing its growth strategy within micro, small and medium-sized businesses in the B2C segment and reaffirms its commitment to continue making investments and expanding its digital operation.

Embu das Artes, March, 01, 2023.

SEQUOIA LOGÍSTICA E TRANSPORTES S.A.

Fernando Stucchi Alegro

CFO & Investor Relations Officer

1

D O C S - 6 3 7 4 0 1 v 2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Sequoia Logistica e Transportes SA published this content on 01 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2023 21:29:40 UTC.