Alper Consultoria e Corretora de Seguros S.A. (BOVESPA:APER3) agreed to acquire Trade Vale Seguros for approximately BRL 56 million on February 23, 2022. The consideration per the acquisition od Trade Vale it shall be paid BRL 27,054,400 in cash upon closing of transaction, BRL 4,842,400 divided into 4 installments, 2 of BRL 1,335,600 and 2 of BRL 1,085,600 and annual variable installments due upon achievement of certain performance as set forth in the purchase agreement, annually calculated and payment between 2023 to 2027. The final consideration of Trade Vale acquisition encompassing fixed and variable installment is estimated at BRL 55.5 million.

The company shall submit the acquisition to the approval of extraordinary shareholders meeting to be called in due course. Closing of transaction is subject to customary conditions.