Ultrapar Participacoes S A : Minutes of the meeting of the Board of Directors

ULTRAPAR PARTICIPAÇÕES S.A.

Publicly Traded Company

CNPJ nº 33.256.439/0001 -39

NIRE 35.300.109.724

MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS

Date, Hour and Place :

April 19, 2023, at 4:00 p .m., at the Company's headquarters, located at Brigadeiro Luís Antônio Avenue, Nr. 1,343, 9th floor, in the City of and State of São Paulo, also contemplating participation through Microsoft Teams .

Members in Attendance :

1. Members of the Board of Directors undersigned; and (ii) the Secretary of the Board of Directors, Mr. André Brickmann Areno .

Matters discussed and resolutions :

1. Approval of the election, as provided for in Article 22 of the Company's Bylaws, of Mr. JORGE MARQUES DE TOLEDO CAMARGO to occupy the position of Chairman of the Board of Directors and of Mr. MARCOS MARINHO LUTZ for the position of Vice -Chairman of said body .

2. Approval of the election of Mrs . Ana Paula Janes Vitali Vescovi, Marcelo Faria de Lima and José Mauricio Pereira Coelho (who will act as the Committee coordinator), to compose the Audit and Risks Committee, with a mandate coinciding with the mandate of the Board of Directors established during the Annual and Extraordinary General Shareholders' Meetings held on April 19, 2023 ("Meeting").

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on Ap ri l 19, 2023 )

3. Approval of the election of Mrs. Fabio Venturelli, Peter Paul Lorenço Estermann and Jorge Marques de Toledo Camargo (who will act as the Committee coordinator) to compose the Strategy Committee, with a mandate coinciding with the mandate of the Board of Directors established during the Meeting .

4. Approval of the election of Mrs. Francisco de Sá Neto, Marcos Marinho Lutz and Flávia Buarque de Almeida (who will act as the Committee coordinator) to compose the People Committee, with a mandate coinciding with the mandate of the Board of Directors established during the Meeting.

5. In addition to the election of Mr. Marcos Marinho Lutz deliberated by the Board of Directors on February 15, 2023, the members of the Board decide, under the terms of article 27, item "b" of the Company's Bylaws , to approve the election of the persons qualified below to hold the positions of Executive Officers of the Company, with a mandate until the 2025 Annual General Shareholders' Mee ting, which will examine the documents referred to in art. 133 of Law No. 6,404/76, referring to the year ended December 31, 2024:

As Chief Financial and Investor Relations Officer :

• RODRIGO DE ALMEIDA PIZZINATTO, Brazilian, married, business administrator, Identity Card RG n r. 27.715.764 -X/SSP-SP and CPF/MF registration nr. 270.708.278 -0;

As Executive Officers :

• DÉCIO DE SAMPAIO AMARAL , Brazilian, married, engineer, Identity

Card RG nr. 11.621.893 -9/SSP-SP and CPF/MF registration nr. 081.286.298-83;

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on Ap ri l 19, 2023 )

• LEONARDO REMIÃO LINDEN , Brazilian, married, business administrator, Identity Card RG nr. 10.104.466-21/SSP-RS and CPF/MF registration nr. 452.601.500 -82;

• TABAJARA BERTELLI COSTA , Brazilian, married, engineer, Identity Card RG nr. 17.304.700 -2/SSP-SP and CPF/MF registration nr. 127.682.738 -56.

6. Considering the above resolution, the members of the Board ratify the composition of the Board of Directors, namely: Marcos Marinho Lutz, Rodrigo de Almeida Pizzinatto, Décio de Sampaio Amar al, Leonardo Remião Linden and Tabajara Bertelli Costa, all with terms of office starting on this date.

Notes: (i) The resolutions were passed, with no amendments or reservations, by all the members of the Board of Directors; (ii) all Officers have their professional address at Brigadeiro Luís Antônio Avenue, Nr. 1,343, 9th floor, in the City of and State of São Paulo (Postal Code 01317 -910), except for Mr. Leonardo Remião Linden, whose professional address is at Av. Francisco Eugênio, n r. 329, 10t h . floor, in the City and State of Rio de Janeiro, Postal Code 20948 -900; and (iii) the members of the Advisory Committees of the Board of Directors and the Officers hereby elected take office on this date, by signing the respective terms of investiture, and, upon previous consultation, declared that: (a) they are not involved in any offense that prevents them from exercising the activities required by the position for which they were assigned; (b) they do not hold positions in companies that can be regarded as market competitors to the Company and (c) they have no conflicting interest with the Company, in accordance with Article 147 of Law No. 6, 404/76.

There being no further matters to discuss, the meeting was concluded, and these minutes were written, read, passed, and signed by all Directors present.

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on Ap ri l 19, 2023 )

Jorge Marques de Toledo Camargo - Chairman

Marcos Marinho Lutz - Vice-Chairman

Ana Paula Vitali Janes Vescovi

Fabio Venturelli

Flávia Buarque de Almeida

Francisco de Sá Neto

José Mauricio Pereira Coelho

Marcelo Faria de Lima

Peter Paul Lorenço Estermann

André Brickmann Areno - Secretary of the Board of Directors