Press release
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Camil CAMIL ALIMENTOS S.A. CNPJ / ME n ° 64.904.295 / 0001-03 Company Registry ( NIRE ) : 35.300.146.735 Publicly - held Company MATERIAL FACT ACQUISITION IN ECUADOR OF RICE ASSETS OF AGROINDUSTRIAS DAJAHU S.A. AND TRANSPORTES RONALJAVHU S.A. São Paulo , July 27th , 2021 Camil Alimentos S.A. ( B3 : CAML3 ) ( " Company " or " Camil " ) in compliance with paragraph 4th of article 157 of Law No. 6.404 / 76 , as amended ( “ Brazilian Corporations Law " ) and CVM Instruction 358/02 , hereby informs its shareholders and the market in general , that its controlled company Camilatam Ecuador S.A. has entered into a Master Purchase Agreement ( " Agreement " ) on this date , with the purpose of acquiring assets , rights , brands and contracts related to rice production and rice processing businesses of Agroindustrias Dajahu S.A. ( " Dajahu ” ) and all of the issued shares of Transportes Ronaljavhu S.A. ( “ Transaction ” ) in Ecuador . The assets acquired operate in Ecuador as one of the leaders in rice brand , with significant market share and high growth potential . The Transaction is in line with the Company's strategy and represents an important step towards expanding Camil into new geographies in Latin America . Camil has a consistent history of growing and expanding market share through acquisitions . This latest acquisition is an important step towards the Company's entry into the Ecuador market , meeting the Company's strategic objectives of acquiring brands and assets in the food sector in Latin America . The acquisition price is USD 36.5 million ( thir six million and five hundred thousand United States Dollars ) , equivalent approximately to BRL 189.0 million ( one hundred and eighty nine million Brazilian reais ) , and is subject to adjustments on the closing date of the Transaction . The Transaction does not meet the requirements set forth in article 256 of the Brazilian Corporations Law , and , therefore , is not subject to approval by the shareholders at a Camil's General Meeting . Camil and IFC signed a mandate to finance 100 % of the acquisition . The granting of the loan is subject to due diligence and the negotiation of definitive contracts .