RANDON S.A. Implementos e Participações

Listed Company

Minutes No 910 of the Board of Directors Meeting

DATE, TIME AND VENUE: On October 7, 2020, at 5:00 p.m., at the Company's headquarters, located at Abramo Randon Ave. 770, Caxias do Sul (RS). ATTENDANCE: All members of the Board of Directors, through the Atlas Governance Portal.

PRESIDING BOARD: David Abramo Randon - Chairman and Alexandre Randon - Secretary.

RESOLUTIONS: In accordance with the applicable statutory provisions, by unanimous vote, the Directors decided to approve the sale of part of assets owned by the Company and the subsidiary Randon Veículos Ltda. ("Randon Veículos"), consisting of projects, tools and other items for the manufacture of special vehicles, as well as inventories of parts and components applied to production and the aftermarket, for Müller Indústria de Máquinas de Construção Ltda., registered in the National Register of Legal Entity under No 11.398.604/0001-08, for an estimated amount of approximately R$ 20,000,000.00 (twenty million reais), to be confirmed in a specific inventory. The Company's Officers and managers of Randon Veículos are authorized to sign all documentation to complete the deal. The Board also approved the shutdown of Randon Veículos operational activities, which should occur during December of this year. The decisions taken aim to concentrate the Company's activities in their main businesses, considering the synergies between them, and are part of the optimization of their plants and industrial processes. CLOSURE: There being no other matters to address, the meeting was closed and the minutes, which read approved in all its items, were electronically signed by the Digital platform Docusign.

Caxias do Sul, October 7, 2020.

David Abramo Randon

Alexandre Randon

Ruy Lopes Filho

William Ling

Pedro Ferro Neto

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Randon SA Implementos e Participações published this content on 07 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 12:19:05 UTC