São Paulo, October 21, 2020, Linx S.A. (“Company”) (B3: LINX3 | NYSE: LINX) in compliance with the Official Letter (Ofício) No. 190/2020/CVM/SEP/GEA-4, issued by the Superintendence of Relationship with Companies (Superintendência de Relações com Empresas) of the Brazilian Securities Commission – CVM on September 22, 2020 (“Official Letter”), hereby presents to its shareholders and to the market in general the requested clarifications.
The Official Letter requests the Company’s opinion on a note released by journalist Lauro Jardim on October 19, 2020, according to which the Stone Group would be studying a new offer by the Company. A copy of the Official Letter is attached as Annex I.
In response to the Company’s inquiry, STNE Participações S.A. informed that “it is not currently studying any price increase or other change to the terms of the transaction agreed with Linx. STNE reinforces its conviction that the terms of the transaction that will be decided on November 17, 2020 are attractive not only for Linx shareholders, but for its customers and employees, who will benefit from a collaborative work culture that puts the customer first of all that is done in the company. In addition, STNE emphasizes that the terms of the operation contracted with Linx adequately protect Linx and its shareholders from the risks related to its execution”.
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