Xp Malls Fundo Investimentos Imobiliarios, a fund managed by BTG Pactual Serviços Financeiros S.A. Distribuidora de Títulos e Valores Mobiliários signed an agreement to acquire a minority stake in Shopping Ponta Negra, Shopping Bela Vista, Shops Faria Lima (Sao Paulo), and Expansion III of Catarina Fashion Outlet (Sao Roque) shopping malls from JHSF Participações S.A. (BOVESPA : JHSF3) for approximately BRL 443 million.

Xp Malls Fundo Investimentos Imobiliarios (BOVESPA:XPML11), a fund managed by BTG Pactual Serviços Financeiros S.A. Distribuidora de Títulos e Valores Mobiliários signed an agreement to acquire a minority stake in Shopping Ponta Negra (Manaus), Shopping Bela Vista (Salvador), Shops Faria Lima (Sao Paulo), and Expansion III of Catarina Fashion Outlet (Sao Roque) shopping malls from JHSF Participações S.A. (BOVESPA : JHSF3) for approximately BRL 443 million on May 13, 2024. The acquisition of Four shopping malls of JHSF Participações S.A. by Xp Malls Fundo in this transaction, involves participation in Expansion III of Catarina Fashion Outlet, in São Roque (SP), Shops Faria Lima (SP), Shopping Bela Vista (Salvador) and Shopping Ponta Negra (Manaus). In Expansion III of Catarina Fashion Outlet, JHSF held a 68% stake, and now holds, after the Transaction, 60.01% stake.

At Shops Faria Lima, the sale of 32.5% of companies held by JHSF that develop and will operate the enterprise was carried out. In the Bela Vista and Ponta Negra shopping malls, sales of approximately 14.31% and 22.01% of the projects, respectively, were agreed. With the signing of the instrument with XP Malls, part of the acquisition price of the shares mentioned above was paid to JHSF.