Arco Provides Update Related To The Non-Binding Proposal

Arco Platform Ltd (ARCE.O):

• ARCO PROVIDES UPDATE RELATED TO THE NON-BINDING PROPOSAL

• ARCO PLATFORM - BOARD FORMED IN DEC 2022 SPECIAL COMMITTEE TO EVALUATE PRELIMINARY PROPOSAL FROM GENERAL ATLANTIC, DRAGONEER

• ARCO PLATFORM - PROPOSAL UNDER EVALUATION BY SPECIAL COMMITTEE HOWEVER NO DECISIONS MADE