Even announces Material Fact

EVEN CONSTRUTORA E INCORPORADORA S.A. in compliance with the provision contained in art. 157, §4 of Law nº 6.404, dated December 15, 1976 (“Companies Law”), in Securities and Exchange Commission (“CVM”) Instruction no. 358, dated January 3, 2002, and in the Company’s Material Facts Disclosure Policy, dated June 27, 2019 and in furtherance of the Material Fact dated November 9, 2020, hereby informs the Shareholders and the market in general that, the Gafisa S.A. (“Gafisa”) exercised, on December 23, 2020, its purchase option for the Real Estate and Studios (defined below), in accordance with the Purchase and Sale Commitment Agreement (Instrumento Particular de Promessa de Compra e Venda), signed on November 9, 2020, between the Company’s subsidiary, Taperebá Empreendimentos Imobiliários Ltda. (“Taperebá”) and Gafisa, the object of which is the Hotel Fasano Itaim, including the restaurant (“Real Estate”) and thirty-two (32) autonomous units (“Studios”), located in Sub-condominiums 02 – Hotel, 04 – restaurant, and 03 – Studios, respectively, forming part of the Real Estate Enterprise named Condomínio Pedroso Alvarenga, located in the Capital of the State of São Paulo, for the sum of three hundred and ten million reais (R$ 310,000,000.00) (“Operation”). The formalization of the purchase and sale of the Real Estate and the Studios, with the signing of documents and the receipt of the amounts, will take place in January of the year 2021.

To access the file in PDF click here.

For further information, please contact our IR área:

José Carlos Wollenweber Filho
CFO and Investor Relations Director

Helio Amoni Neto
Investor Relations

São Paulo, December 28, 2020.

IR Contact:

Phone: (11) 3377-3699

About EVEN:
Even has been working in the real estate sector for more than 40 years and is one of the largest builders and developers in the metropolitan region of São Paulo. It is present, primarily and strategically, in the cities of São Paulo, Rio de Janeiro and Porto Alegre. The company is vertically oriented, executing all development stages of its projects, from lot prospecting, property development and brokerage activities to the project‘s construction. Even owns two sales companies: Even Vendas and Even More, both of which operating in 100% of the Company‘s projects to sell units and providing exclusive services to Even. The Company follows sustainability principles in all of its business segments. Even believes that employing sustainability practices leads to less construction debris, increases the energy efficiency of its products and improves its image b! efore clients and neighboring communities. Its shares are traded on the Novo Mercado Special Corporate Governance segment of the B3 – Brasil, Bolsa, Balcão, under the ticker EVEN3.