R$50 million loan agreement
Recife, July 1, 2022, Ser Educacional S.A. (“Company”) (B3 SEER3), one of the largest private education groups in Brazil, pursuant to Article 12 of CVM Instruction No. 358, of January 3, 2002, as amended, hereby informs that the Company‘s Board of Directors has approved the contracting of a 4131 loan with Banco Safra, with the following general characteristics: (i) Amount: fifty million Brazilian reais (R$50,000,000.00); (ii) term: two (2) months, maturity on 8/30/2022, with payment at the end of the contract term; and (iii) final rate of CDI + 2.70% per year. The loan is aimed at strengthening the Company‘s working capital.
The Company reiterates its commitment to keep its shareholders and the market in general informed about any relevant matter of interest to the market, pursuant to the applicable laws.
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Investor Relations Contact:
Rodrigo de Macedo Alves and Geraldo Soares de Oliveira Júnior
Phone: +55 (11) 97093-2225 | E-mail: ri@sereducacional.com | www.sereducacional.com/ir
Media Relations
Silvia Fragoso | (+55 81) 98228-2086 | silvia.fragoso@sereducacional.com
Loures Consultoria
Ludmilla Gutierrez | ludmilla.gutierrez@loures.com.br
ABOUT GRUPO SER EDUCACIONAL
Founded in 2003 and headquartered in Recife, Grupo Ser Educacional (B3 SEER3) is one of the largest private education groups in Brazil and the leader in the Northeast and North regions in terms of number of students enrolled. Ser offers undergraduate, graduate, vocational and digital learning courses in 26 states and the Federal District, with a consolidated base of approximately 240,000 students The Company operates under the following brands: UNINASSAU, UNINASSAU – Centro Universitário Maurício de Nassau, UNINABUCO – Centro Universitário Joaquim Nabuco, Faculdades UNINABUCO, Escolas Técnicas Joaquim Nabuco e Maurício de Nassau, UNIVERITAS/UNG, UNAMA – Universidade da Amazônia e Faculdade da Amazônia e UNIVERITAS – Centro Universitário Universus Veritas, Faculdades UNIVERITAS, UNINORTE – Centro Universitário do Norte, Centro Universitário de Ciências Biomédicas de Cacoal – UNIFACIMED, UNIJUAZEIRO – Centro Universitário de Juazeiro do Norte, Sociedade Educacional de Rondônia – UNESC, do Centro Universitário São Francisco de Barreiras – UNIFASB and CDMV – Centro de Desenvolvimento da Medicina Veterinária.
This notice may contain forward-looking statements related to business prospects, estimates of operating and financial results and the growth prospects of Grupo Ser Educacional. These are merely projections and, as such, are solely based on the expectations of the Management of Grupo Ser Educacional. Such forward-looking statements are substantially dependent on external factors, in addition to the risks presented in the disclosure documents filed by Grupo Ser Educacional and are therefore subject to change without prior notice.