Afya Limited, or Afya announced that the SoftBank Latin America Fund (“Softbank”) has agreed to purchase BRL 822 million, equivalent to $150 million, of Afya’s Series A perpetual convertible preferred shares set forth on the Certificate of Designations, subject to customary closing conditions. In connection with such sale, Paulo Passoni from Softbank will be appointed as a board member of Afya within the next 30 days.