News

Rio de Janeiro, June 16th, 2020 - BR MALLS PARTICIPAÇÕES S.A., publicly-held company located at Avenida Afrânio de Melo Franco 290, 1st floor, in the city and state of Rio de Janeiro, under CNPJ nº 06.977.745/0001-91 ("brMalls" or "Company"), in compliance with Comissão de Valores Mobiliários instruction nº 358, hereby announces that, following the recommendations of public authorities and collaborating towards COVID-19 prevention, the Company has resumed the operation of another four malls in its portfolio.

São Bernardo Plaza Shopping (SP) and Shopping ABC (SP) restarted their activities yesterday, June 15th, 2020, and are currently operating with reduced hours, from Monday to Sunday, from 4pm to 8pm.

Rio Anil Shopping (MA) and São Luís Shopping (MA) also restarted their activities yesterday, June 15th, 2020, and are currently operating with reduced hours, from Monday to Sunday, from 12pm to 8pm.

The Company also informs that, in addition to the Material Fact published on April 22nd, 2020, as of yesterday, June 15th, 2020, Shopping Iguatemi Caxias do Sul (RS) had its activities temporarily suspended, as determined by public authorities, while delivery, drive-thru and essential services are still allowed in the mall.

Therefore, the Company reached 23 reopened malls. The reopened malls represent 77.2% of the Company’s total GLA and 79.1% of its owned GLA, and represented 74.6% of the core portfolio’s NOI in 2019.

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

- Campo Grande (MS) - April 22nd, 2020;

- Catuaí Londrina (PR) - May 9th, 2020;

- Catuaí Shopping Maringá (PR) - May 9th, 2020;

- Shopping Curitiba (PR) - May 25th, 2020;

- Shopping Estação (PR) - May 25th, 2020;

- Center Shopping Uberlândia (MG) - May 26th, 2020;

- Amazonas Shopping (AM) - June 1st, 2020;

- Shopping Piracicaba (SP) - June 1st, 2020;

- Shopping Vila Velha (ES) - June 2nd, 2020;

- Shopping Estação Cuiabá (MT) - June 3rd, 2020;

- Campinas Shopping (SP) - June 8th, 2020;

- Independência Shopping (MG) - June 8th, 2020;

- NorteShopping (RJ) - June 11th, 2020;

- Shopping Tijuca (RJ) - June 11th, 2020;

- Shopping Jardim Sul (SP) - June 11th, 2020;

- Mooca Plaza Shopping (SP) - June 11th, 2020;

- Shopping Metrô Santa Cruz (SP) - June 11th, 2020;

- Shopping Villa-Lobos (SP) - June 11th, 2020;

- Shopping Tamboré (SP) - June 12th, 2020.

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.

Finally, we will keep the market informed of relevant changes that may occur.