CNPJ/MF n° 50.746.577/0001-15
NIRE 35.300.177.045
Companhia Aberta
CVM 19836
FATO RELEVANTE
MATERIAL FACT
Cosan S.A. (B3: CSAN3; NYSE: CSAN) (“Cosan” or the “Company”), in compliance
with the provisions in CVM Resolution nº 44 of August 23, 2021, announces to its
shareholders and the market in general that it signed on this date a Share Purchase and
Sale Agreement with Mansilla Participações Ltda. (“Mansilla”, a vehicle from the TIAA -
Teachers Insurance and Annuity Association of America investment fund), for the
acquisition of an additional interest on Grupo Radar (“Radar”), which already provided
controlling interest over Radar.
The net acquisition price was approximately R$1.479 billion (one billion and four hundred
and seventy nine million Brazilian Reais) for approximately 47% stake in the business.
After the conclusion of the acquisition and subsequent corporate reorganization, Cosan
will hold more than 50% of Radar’s total equity. Cosan will make the acquisition through
the Investment Fund structure announced on a material fact issued on August 23, 2021.
Radar is a land management company, with ability to invest in assets with high
productive potential in Brazil. Through its geo-monitoring system using satellites, it owns
and manages around 390 rural properties covering a total of 96,000 hectares, dedicated
to the harvesting of sugarcane, soy, cotton, corn and other commodities in the States of
São Paulo, Maranhão and Mato Grosso.
This initiative is aligned with Cosan’s capital allocation strategy reinforcing the Company’s
commitments to the sustainable development of Brazilian agribusiness while creating
value to all stakeholders.
The final closing of this transaction is conditioned to the approval by the Administrative
Council for Economic Defense - CADE.
Cosan will keep the market informed regarding the completion of this transaction.