BR PROPERTIES S.A.

Corporate Taxpayer's ID (CNPJ) 06.977.751/0001-49

Company Registry (NIRE) 35.300.316.592

Public Company

MATERIAL FACT

BR PROPERTIES S.A. ("Company") (BRPR3), pursuant to CVM Resolution No. 44/2021, informs its shareholders and the market in general that, in continuity to the material facts disclosed on January 13, February 17, and March 10, 2023, that received a notice sent by Slabs Investimentos Ltda. ("Offering Party") informing the amendment, on March 21, 2023, of the tender offer notice of the voluntary public offer for the acquisition of the Company's control launched on March 10, 2023 ("Tender Offer"), to address comments made by the Brazilian Securities and Exchange Commission -CVM.

The amendment to the Tender Offer notice is available on the Company's Investor Relations website (www.brpr.com.br/ri) and through the IPE System, on the websites of the CVM (www.gov.br/cvm) and B3 S.A. - Brasil, Bolsa, Balcão ("B3") (www.b3.com.br).

The Company is available to provide any clarification that may be necessary to the shareholders and to the market in general.

São Paulo, March 21, 2023

André Bergstein

Chief Financial and Investor Relations Officer

BR PROPERTIES S.A.

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BR Properties SA published this content on 21 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2023 11:00:05 UTC.