Material Fact

MATERIAL FACT

DESKTOP S.A. (“Company”), pursuant to paragraph 4 of article 157 of Law 6,404/76 and CVM Resolution No. 44/2021, hereby communicates its shareholders and the market in general that, its subsidiary Starnet Telecomunicações Ltda. (“Starnet”), signed a Share Purchase Agreement (“Agreement”) to acquire (i) 70% of quotas representing the capital stock of Cilnet Comunicação e Informática Ltda. (“Fasternet”); and (ii) 100% of quotas representing the capital stock of IDC Telecom Ltda. (“IDC”, and together with Fasternet, the “Transactions”).

The Company informs that the consummation of the Transactions is subject to the verification of certain usual conditions, such as (i) successfull completion of due diligence on Fasternet and IDC by the Company; (ii) approval of the final terms and conditions of the Transactions by the Company’s board of directors; and (iii) other precedent conditions usual in transactions of this nature. In the coming months, the Company will keep its shareholders and the market informed about the progress of the diligences and will provide timely information on the source of the funds for the Transactions and on the it’s consummation or not, in addition to other relevant information, pursuant to the applicable legislation.

Fasternet is a broadband internet services provider with fiber optic technology in the interior of the State of São Paulo, with about 115 (one hundred and fifteen) thousand subscribers in the cities of Tatuí, Cerquilho, Boituva, Amparo, Rio Claro, Itu and more than 30 other cities in the region. IDC also provides broadband internet services with fiber optic technology in the interior of the State of São Paulo, with about 40 (forty) thousand subscribers in the cities of Guararema, Biritiba Mirim, Santa Branca, Mogi das Cruzes and more than 8 other cities in this region.

Both acquisitions are consistent to Desktop’s strategy, which focuses on players (i) that operate in regions adjacent to the Company’s current operation, (ii) that are leaders in their respective markets, (iii) with consistent gain of market share, (iv) and with potential to leverage the Company’s organic growth by opening new markets.

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São Paulo, August 26, 2022.

DESKTOP S.A.
Bruno Silva Carvalho de Souza Leão
Chief Financial, M&A and Investor Relations Officer