São Paulo, October 28, 2020, Linx S.A. (“Company”) (B3: LINX3 | NYSE: LINX), in accordance with Article 157, paragraph 4 of Law No. 6.404/76 (“Brazilian Corporate Law”) and CVM Normative Ruling No. 358, of January 3, 2002, hereby clarifies to its shareholders and the market in general that:
(a) It became aware of the material fact disclosed by Totvs S.A. (“Totvs”) on october 27, 2020, in which Totvs informs that it called an extraordinary general meeting of its shareholders to resolve on a proposal for a corporate reorganization involving Linx; and
(b) For the purposes of articles 224, 225 and 252 of Law No. 6.404/76, and to avoid any doubts, considering that the merger and justification protocol disclosed by Totvs contains the names of Linx´s managers in a signature page, Linx clarifies that none of Linx managers signed any protocol and justification of merger or merger of shares with Totvs or any Totvs subsidiary.
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