Positivo Tecnologia S A : Notice to the Market - Fitch Raises Positivo's Rating02/16/2022

POSITIVO TECNOLOGIA S.A.

Corporate Taxpayer's ID (CNPJ/MF): 81.243.735/0001-48

Company Registry (NIRE): 41300071977

Publicly Held Company

NOTICE TO THE MARKET

Fitch Raises Positivo's Rating from 'BBB(bra) to 'BBB+(bra)'; Stable

Outlook

Positivo Tecnologia S.A. ("Company") (B3:POSI3), one of the largest developers and manufacturers of hardware-based technology in Brazil, announces to its shareholders and the market in general that the risk rating agency Fitch Ratings ("Fitch") upgraded the National Long-Term Rating of the Company and its second issuance of debentures to 'BBB+(bra)', with a stable outlook on the corporate rating. Also, as of the date hereof, Fitch has affirmed and withdrawn the ratings for business reasons and, therefore, will no longer perform analytical coverage or provide ratings to the Company.

According to Fitch, the rating upgrade reflects the expectation of expansion in the Company's operating cash generation and business scale, mainly as a result of a more complete product portfolio, successful public tenders and transfer of cost increases. The rating also incorporates an improvement in the liquidity profile and the maintenance of positive free cash flows from 2022 onwards, which will allow for a reduction in net debt and lower financial leverage.

The report released by Fitch is available hereand on the Investor Relations website: ri.positivotecnologia.com.br.

Additionally, the Company informs that the risk rating agency S&P remains with its Positivo Tecnologia coverage with a 'brA' rating on the Brazilian National Scale, with a Stable outlook.

Curitiba, February 16, 2022.

POSITIVO TECNOLOGIA S.A.

Caio Gonçalves de Moraes

Vice President of Finance and Investor Relations