São Paulo, April 19, 2021 – LINX S.A. (B3: LINX3; NYSE: LINX), in compliance with the provisions of article 157, paragraph 4 of Law No. 6,404, of December 15, 1976, and in CVM Instruction No. 358, of January 3, 2002, in addition to the Material Fact disclosed on March 29, 2021, informs to its shareholders and the market in general as follows:
1. On March 29, 2021, the Company released a Material Fact informing the market about the occurrence of unusual operating losses in its subsidiary Linx Pay Meios de Pagamento Ltda. (“Linx Pay”), estimated at the time at BRL 41 million. The Company also informed that, due to the processes of calculation, review and reconciliation of the amounts related to the operational losses referred to above, on April 19, 2021, it would disclose the financial statements for the year ended December 31, 2020.
2. In view of the completion of the referred verification, review and reconciliation processes, the Company informs that it has made available on this date, on its website and on the CVM website, its financial statements for the fiscal year ended on December 31, 2020, duly accompanied by the report of the independent auditors, the opinion of the Fiscal Council and other documents required by law.
3. As indicated in the aforementioned financial statements, duly audited without reservations, the final amount of operating losses arising from a commercial partner of Linx Pay, fully accounted for in the fourth quarter of 2020, was BRL 40.0 million, slightly below the estimate initially presented.
4. Finally, in view of the disclosure of its financial statements for the fiscal year ended December 31, 2020, the Company informs that it will call its annual general meeting on May 27 to resolve on such financial statements and on the management accounts.
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