News

Rio deJaneiro, July 6th, 2020 - BR MALLS PARTICIPAÇÕES S.A., ("brMalls" or "Company"), hereby announces that, following the recommendations of public authorities and collaborating towards COVID-19 prevention, the Company has resumed the operation of another mall in its portfolio: Plaza Shopping Niterói (RJ), on July 1st, 2020.

In addition, the Company informs that, as determined by public authorities, Shopping Curitiba (PR) and Shopping Estação (PR) had their activities temporarily suspended as of July 1st, 2020, as well as Goiânia Shopping (GO) and Araguaia Shopping (GO), as of July 2nd, 2020, and Catuaí Shopping Londrina (PR), as of July 4th, 2020, while delivery, drive-thru and essential services are still allowed in the malls.

Therefore, the Company has, on this date, 19 reopened malls, which are operating with restrictions to their opening hours. These malls represent 64.0% of the Company’s total GLA and 59.3% of its owned GLA, and represented 68.0% of the core portfolio’s NOI in 2019.

As stated by the Company on April 22nd, May 11th, May 26th, June 3rd, June 8th, June 12th, June 16th and June 30th, the following malls have already resumed their operations:

- Campo Grande (MS);

- Catuaí Shopping Maringá (PR);

- Amazonas Shopping (AM);

- Shopping Vila Velha (ES);

- Independência Shopping (MG);

- NorteShopping (RJ);

- Shopping Tijuca (RJ);

- Shopping Jardim Sul (SP);

- Mooca Plaza Shopping (SP);

- Shopping Metrô Santa Cruz (SP);

- Shopping Villa-Lobos (SP);

- Shopping Tamboré (SP);

- São Bernardo Plaza Shopping (SP);

- Shopping ABC (SP);

- São Luís Shopping (MA);

- Rio Anil Shopping (MA);

- Shopping Iguatemi Caxias do Sul (PR);

- Shopping Recife (PE).

The Company informs that it has implemented strict protocols related to the sanitization of the referred assets in addition to the recommendations of the health authorities, in order to preserve and prioritize the health and well-being of both our customers and tenants, as well as employees and partners. The reopening protocol is available in the Company’s IR website (http://ir.brmalls.com.br).

The other malls in the Company’s portfolio remain closed, as determined by public authorities. Delivery services and/or essential activities are still allowed in our malls.

The Company maintains a Pluridisciplinary Crisis Committee in order to implement awareness and prevention initiatives, as well as monitor the developments related to COVID-19.

We will keep the market informed of developments in the Covid-19 pandemic and its impacts in the Company’s business.