TOTVS S A : AGOE - Edital de Convocação

TOTVS S.A.

A publicly held corporation

Corporate Taxpayer Id. (CNPJ/ME) No. 53.113.791/0001-22 Company Registry (NIRE) 35.300.153.1714A

TOTVS S.A.

Corporate Taxpayers' Id. (CNPJ/ME) No. 53.113.791/0001-22

A publicly held corporation

Meeting Notice

Annual and Extraordinary General Meetings

All shareholders are hereby invited to meet at the Annual and Extraordinary General Meetings (the "Meetings") of TOTVS S.A. (the "Company"), which will be held, cumulatively, on April 19, 2023, at 10.00 a.m. (BRT) at the Company's headquarters located at Avenida Braz Leme, 1000, Casa Verde district, São Paulo, SP, Zip code 02511-000, Brazil, with the following agenda:

For the Annual General Meeting

1. Reviewing the Company's accounts as submitted by its Management members, and examining, discussing, and voting on the Company's financial statements for the fiscal year ended on December 31, 2022;
2. Deciding on the capital budgeting for the purposes of complying with article 196 of Brazilian Law 6.404/76 (the Brazilian Corporations Act);
3. Deciding on the allocation of net income for such fiscal year and the distribution of dividends;
4. Determining the annual global compensation of the members of both the Board of Directors and the Board of Executive Officers for the fiscal year 2023;
5. Deciding on the election of a member for the Company's Board of Directors, appointed by the Board of Directors at a meeting held on October 7, 2022 in view of the resignation of a Board Member, pursuant to article 150 of the Brazilian Corporations Act, to fulfill the current term of office that will end at the 2024 Annual General Meeting, according to the Management's Proposal.

For the Extraordinary General Meeting

1. Deciding on the proposed amendments to the Company's Share-Based Incentive Plan

Pursuant to article 10, paragraph 5 of the Company's Bylaws, Shareholders are requested to submit, at least 48 (forty-eight) hours before the Meetings, besides the identification document and/or relevant corporate actions that prove legal representation, as the case may be: (i) proof issued by the bookkeeping entity, no later than 5 (five) days before the date of the Meetings; (ii) the power of attorney with the grantor's signature certified/notarized; and/or (iii) as regards those Shareholders taking part in the fungible custody of registered shares, a statement showing the corresponding shareholding, issued by the competent body.

A Shareholder that wishes to do so may choose to exercise his/her/its voting right by the remote voting system, pursuant to CVM Resolution No. 81/22, of March 29, 2022 ("CVM Resolution 81/2022"), by sending the corresponding distance voting ballot used to cast the vote remotely through their corresponding custodians or directly to the Company, according to the guidelines provided for in section 12.2 of the Company's Reference Form and the Management's Proposal for the Meetings.

Copies of the documents to be discussed at the Company's Meetings convened hereby, including those required by CVM Resolution 81/22, are available to the Shareholders whether at the Company's headquarters, on its

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Investor Relations website (http://ri.totvs.com/en/), as well as on the corresponding websites of CVM (Brazilian Securities and Exchange Committee) and B3.

São Paulo, March 17, 2023

LAÉRCIO JOSÉ DE LUCENA COSENTINO

Chairman of the Board of Directors

This document is property of TOTVS. All rights reserved. ©

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