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Material Fact

MATERIAL FACT
Merger of Wholly Owned Subsidiary

DESKTOP S.A., a corporation with head office in the City of Sumaré, State of São Paulo, at Estrada Municipal Teodor Condiev, No. 970, 13th floor, Edificio Veccon Prime Center, Jardim Marchissolo, Zip Code 13171-105, registered in the National Register of Legal Entities of Ministry of Economy (“CNPJ/ME”) under No. 08.170.849/0001-15 (“Desktop”), pursuant to the provision of CVM Ruling No. 44, of August 23rd, 2021 (“ICVM 44”), as amended, and of CVM Ruling No. 565, of June 15, 2015, in addition to the Material Fact disclosed on December 1st, 2021, communicates its shareholders and the market in general that was approved, on this date, the merger of ISSO Internet e Telecomunicações Ltda., limited liability company, with head office in the City of Caieiras, State of São Paulo, at Rua São Benedito, No. 105, Centro, Zip Code 07700-095, registered with CNPJ/ME under No. 19.905.417/0001-21, with its bylaws duly filed with the Board of Trade of the State of São Paulo under NIRE 35.229.142.230 (“Company”) into Desktop (“Merger”).

On this date, the Merger, as well as the Protocol of Merger and Justification and the Company’s Valuation Report, were approved by Desktop’s Extraordinary General Meeting and by resolution of the Company’s sole partner.

As a result of the Merger:

  1. the entire net equity of the Company was merged into Desktop, based on accounting criteria, and as a result Desktop succeeded the Company in all its rights and obligations, with effect from this date; and
  2. the Company was extinguished and, as a result, the quotas representing the Company’s quota capital were canceled and extinguished, with Desktop’s share capital remaining unchanged after the Merger.

More information may be obtained from Desktop’s Investor Relations Department, through the electronic address ri@desktop.net.br or through the website www.desktop.com.br.

To access the full document click here.

São Paulo, December 22, 2021.

Bruno Silva Carvalho de Souza Leão
M&A and Investor Relations Officer