EZTEC - Investor Relations Mobile

Material Fact - Guidance 2020


MATERIAL FACT

EZ TEC EMPREENDIMENTOS E PARTICIPAÇÕES S.A. ("EZTEC"), pursuant to Article 157, 4th paragraph of Law 6404 of December 15, 1976 and Instruction 358 issued by the Brazilian Securities and Exchange Commission (CVM) on January 3, 2002, and amendments thereto, hereby informs its investors and the market in general that it expects to launch an own Potential Sales Value (PSV) between R$ 2.0 billion and R$ 2.5 billion in the 2020 fiscal year (ex-corporate towers).

PSV Launched R$ 2.0 billion to R$ 2.5 billion

This material fact contains projections, which are based exclusively on the beliefs of EZTEC’s management and are therefore subject to risks and uncertainties. These projections take into account such factors as the performance of the economy, the market and the real estate sector, as well as operational conditions. Any changes in perception or in the above-mentioned factors may cause actual results to differ from the disclosed projections.

São Paulo, December 16th, 2019

Ernesto Zarzur
Chairman of the Board of Directors

Flavio Ernesto Zarzur Silvio Ernesto Zarzur
Chief Executive Officer Executive Vice-President

A. Emilio Clemente Fugazza
Investor Relations Officer

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For further information contact:
EZTEC S.A. - Investor Relations

Phone: +55 (11) 5056-8313
E-mail: ri@eztec.com.br
www.eztec.com.br/ir

About EZTEC: With 40 years of operations, EZTEC is one of the most profitable publicly-traded companies in Brazil’s real estate development and building industry. Based on its fully integrated business model, EZTEC has already launched 144 projects, totaling more than 4.4 million square meters of built area and area under construction, and 30,908 units. EZTEC S.A. is listed on the Novo Mercado special corporate governance segment of the São Paulo Stock Exchange (BM&FBOVESPA) under the ticker EZTC3.

"This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of EZTEC. These are merely projections and, as such, are based exclusively on the expectations of the Company’s management concerning the future of the business and its continued access to capital to fund its business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in the Company’s filed disclosure documents and are, therefore, subject to change without prior notice".


Contact IR

Telephone: +55 11 5056 8313
E-mail: ri@eztec.com.br