Terra Santa Agro S A : Material Fact - Result of Withdrawal Rights

	MATERIAL FACT
Investor Relations	Investor Relations
[phone]/7797	[phone]
[e-mail]	[e-mail]

RESULT OF WITHDRAWAL RIGHTS

SLC Agrícola S.A. (B3: SLCE3; ADR's: SLCJY; Bloomberg: SLCE3: BZ; Refinitiv: SLCE3.SA) ("SLC")

and Terra Santa Agro S.A. (B3: TESA3; Bloomberg: TESA3: BZ; Refinitiv: TESA3 .SA) ("Terra Santa" and together with SLC, "Companies"), pursuant to Law No. 6,404/76 and CVM Ruling No. 358/02, inform its respective shareholders, that, in continuity with the Material Fact released on July 16, 2021, June, 30, 2021, June 21, 2021, May 20, 2021, March 25, 2021 and November 26, 2020, and the Notice to the Market released on January 7, 2021, pursuant to which the terms and conditions for the implementation of the combination of SLC businesses with the agricultural operation of Terra Santa (excluding land and improvements), by means of a merger of Terra Santa shares into SLC, in accordance with articles 252, 224 and 225 of Law No. 6,404/76 ("Merger of Shares"), inform their respective shareholders and to the market in general, that the term for the withdrawal rights of the shareholders of the Companies with respect to the Merger of Shares, as approved on the general shareholders meeting of the Companies held on June 21, 2021, has elapsed with only three (3) shareholders of SLC having exercised their withdrawal right.

To the shareholders that have exercised their withdrawal rights, the respective amounts shall be paid by SLC on July 27, 2021, in the value informed at the Material Fact of 21 June 2021

Board of Directors meetings of the Companies were held on the date hereof in which, after verification that there has only been three (3) SLC's shareholders that exercised their withdrawal rights, with due regard to §3º of article 137 of Law 6.404/76, the right to reconvene a general shareholders meeting was waived and it ratified all information disclosed on the Material Fact of June 16, 2021, in which the date of June 30, 2021 was established for purposes of determining the shareholding position of the shareholder base that will be entitled to the Merger of Shares and the date of August 1st, 2021 as the effective date of the consummation of the Merger of Shares, pursuant to the terms and conditions of the Protocol and Justification of the Merger of Shares.

Porto Alegre, July 23, 2021.	São Paulo, July 23, 2021.
Investor Relations Office	Investor Relations Office
SLC Agrícola S.A.	Terra Santa Agro S.A.