ULTRAPAR PARTICIPAÇÕES S.A.
Publicly Listed Company
CNPJ nº33.256.439/0001-39
NIRE 35.300.109.724
MATERIAL NOTICE
ULTRAPAR ANNOUNCES NOTIFICATION FROM ULTRA S.A. PARTICIPAÇÕES
São Paulo, July 12, 2019 – Ultrapar Participações S.A. (“Company”) informs that it was notified by Ultra S.A. Participações (“Ultra S.A.”) that, in an extraordinary shareholder’s meeting held on this date by the shareholders of Ultra S.A., it was approved the redemption of the totality of the preferred shares owned by Paulo Guilherme Aguiar Cunha, Ana Paula de Queiroz Cunha, Pedro Augusto de Queiroz Cunha, Guilherme de Queiroz Cunha and Eduardo Queiroz Cunha (the “Shareholders”), in the terms and conditions approved by the shareholder’s meeting. Once the redemption is concluded, the Shareholders will receive shares issued by the Company and will cease to integrate the capital stock of Ultra S.A. Consequently, they will not be part of the Company’s shareholders agreement, entered into by Ultra S.A. and Parth do Brasil Participações Ltda. on May 2, 2018.
In addition, Ultra S.A. reported that, as deliberated in the referred shareholder’s meeting, the redemption shall be fully executed by November 11, 2019. Once the transaction is concluded and the preferred shares held by the Shareholders are fully redeemed, the total of shares bound to the Ultrapar shareholders’ agreement would decrease from 31.25% to 27.95%.
Ultra S.A. informed that will maintain the Company updated of the developments of this transaction.
André Pires de Oliveira Dias
Chief Financial and Investor Relations Officer
Ultrapar Participações S.A.