MATERIAL FACT
EVEN CONSTRUTORA E INCORPORADORA S.A. (“Company”), in compliance with article 157, paragraph 4 of Law No. 6,404/76, as amended, CVM Instruction Nº 358, dated as of January 3, 2002, as amended, and CVM Instruction Nº 476, dated as of January 16, 2009, as amended, hereby informs its shareholders and the market in general that on this date, the Company‘s Board of Directors approved, among other matters, the submission to the Company’s annual general meeting of the proposal of dividends distribution to the Company’s shareholders in the total amount of R$116,863,165.34 (one hundred and sixteen million, eight hundred and sixty-three thousand, one hundred and sixty five reais and thirty-four cents), and not subject to withholding income tax, as specified below:
DISTRIBUTION OF DIVIDENDS PROPOSAL
The Company’s management proposes to submit for consideration of the Company’s annual general meeting, the dividends distribution in the total amount of R$116,863,165.34 (one hundred and sixteen million, eight hundred and sixty-three thousand, one hundred and sixty-five reais and thirty-four cents), equivalent to (i) 100% (one hundred percent) of the adjusted net income, as provided for in the Company’s Bylaws, of the fiscal year ended on December 31, 2020, in the amount of R$13,949,501.41 (thirteen million, nine hundred and forty-nine thousand, five hundred and one reais and forty-one cents); (ii) the entire profit from the IPO and corporate reorganization of Melnick Desenvolvimento Imobiliário S.A., corporate controlled by the Company, in the total amount of R$88.857.870,50 (eighty-eight million, eight hundred and fifty-seven thousand, eight hundred and seventy reais, and fifty cents); and (iii) the entire balance of the Retained Earnings Reserve, in the amount of R$14.055.793,43 (fourteen million, fifty five thousand, seven hundred and ninety three reais, and forty three cents).
In case the Company’s management proposal is approved in the annual general meeting, to be held on Abril 28, 2021, the shareholders of the Company will be entitled to the declared dividends on the basis date of the annual general meeting. Therefore, if the Company’s management proposal of distribution of dividends is approved, the shares will be negotiated ex-dividends from Abril 29, 2021, including this date.
The Company’s management proposes that the dividends declared in the annual general meeting shall be paid until May 28, 2021.
More information on the dividends distribution proposal will be contemplated in the management’s proposal for the annual general meeting which will be duly disclosed by the Company, under the terms of the applicable law.
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São Paulo, March 19, 2021.
For further information, please contact our IR área:
José Carlos Wollenweber Filho
CFO and Investor Relations Director
Helio Amoni Neto
Investor Relations
IR Contact:
Phone: (11) 3377-3699
E-mail: ri@even.com.br
www.even.com.br/ri/
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.