Ultrapar Participações S A : Minutes of the meeting of the Board of Directors

ULTRAPAR PARTICIPAÇÕES S.A.

Publicly Traded Company

CNPJ nº 33.256.439/0001 -39

NIRE 35.300.109.724

MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS

Date, Hour and Place:

August 11, 2021, at 2:30 p.m., at the Company's headquarters, located at Av. Brigadeiro Luís Antônio, nr 1343, 9th floor, in the City of and State of São Paulo, also contemplating participation through Microsoft Teams .

Members in Attendance :

1. Members of the Board of Directors unders igned; (ii) Secretary of the Board of Directors, Mr. André Brickmann Areno ; (iii) Chief Executive Officer, Mr. Frederico Pinheiro Fleury Curado; (iv) Chief Financial and Investor Relations Officer, Mr. Rodrigo de Almeida Pizzinatto ; (v) in relation to item 1, (1) other executive officers of the Company, namely, Mrs. Décio de Sampaio Amaral, João Benjamin Parolin, Marcelo Pereira Malta de Araújo and Tabajara Bertelli Costa; and (2) the president of the Fiscal Council, Mr. Flávio Cesar Maia Luz.

Matters discussed and resolutions :

1. After having analyzed and discussed the performance of the Company in the second quarter of the current fiscal year, the respective financial statements were approved.

2. "Ad referendum" of the Annual General Shareholders' Meeting that will analyze the balance sheet and financial statements of the fiscal

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on August 11, 2021)

	year of 2021, the Board of Directors approved the distribution of
	interim dividends in the total amount of R$ 218,073,611.40 (two
	hundred and eighteen million, seventy three thousand, six hundred
	and eleven Reais and forty cents of Real). The holders of common
	shares of the Company are entitled to receive R$ 0.20 (t wenty cents
	of Real) per share, excluding the shares held in treasury account at
	this date.
3.	It has also been determined that dividends declared herein will be
	paid as of August 27, 2021 onwards, with no remuneration or monetary
	adjustment. The record date to establish the right to receive the
	approved dividends will be August 19, 2021 in Brazil a nd August 23,
	2021 in the United States of America. The shares of the Company will
	be traded "ex-dividend" on both the São Paulo Stock Exchange (B3
	S.A. - Brasil, Bolsa, Balcão) and the New York Stock Exchange (NYSE)
	from August 20, 2021 onwards.
4.	The members of the Board of Directors of the Company authorized the
	issuance of 31,032 (thirty one thousand and thirty two) common shares

within the limits of the authorized capital stock pursuant to Article 6 of the Company's Bylaws, due to partial exercise of the subscription warrants issued by the Company as of the approval of the mer ger of shares issued by Imifarma Produtos Farmacêuticos e Cosméticos S.A. by the Company, approved on the Extraordinary General Shareholders' Meeting held on January 31, 2014. The management of the Company shall provide the necessary subscription bulletins for signing and formalization of the new shares' subscription by the referred subscription warrants holders. The common shares will have the same rights assigned to the other shares previously issued by the Company.

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on August 11, 2021)

The Company's capital stock will be r epresented by 1,115,107,683 (one billion, one hundred and fifteen million, one hundred and seven thousand, six hundred and eighty -three) common shares, all of them nominative with no par value.

Notes: The resolutions were approved, with no amendments or qualifications, by all the Board Members .

There being no further matters to discuss, the meeting was concluded, and these minutes were written, read, passed, and signed by all Directors present.

Pedro Wongtschowski - Chairman

Lucio de Castro Andrade Filho - Vice-Chairman

Alexandre Teixeira de Assumpção Saigh

Ana Paula Vitali Janes Vescovi

Flávia Buarque de Almeida

Jorge Marques de Toledo Camargo

(Mi nut e s of t he Me eti ng of t he Boa rd of Di rect ors of Ul t rapa r Pa rti cip aç ões S . A . ,

he l d on August 11, 2021)

José Galló

José Luiz Alquéres

José Mauricio Pereira Coelho

Marcos Marinho Lutz

Otávio Lopes Castello Branco Neto

André Brickmann Areno - Secretary