MOVIDA EUROPE S.A. COMMENCES CASH TENDER OFFER FOR UP TO US$375.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.250% SENIOR SUSTAINABILITY-LINKED NOTES DUE 2031

SÃO PAULO, May 17, 2023 /PRNewswire/ — Movida Europe S.A. (the “Issuer”), a wholly-owned finance subsidiary of Movida Participações S.A. (“Movida”), announces that it has commenced a cash tender offer (the “Tender Offer”) for up to US$375.0 million in aggregate principal amount (subject…