Material Fact - Confirmation of the Amendment to the Judicial Reorganization Plan*

PDG REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES

Em Recuperação Judicial

Public-held Company

CNPJ/ME No. 02.950.811/0001-89

NIRE 35.300.158.954 | Código CVM 20478

MATERIAL FACT

CONFIRMATION OF THE AMENDMENT TO THE

JUDICIAL REORGANIZATION PLAN

PDG Realty S.A. Empreendimentos e Participações - Em recuperação judicial ("Company"), in addition to the Material Fact disclosed on November 30, 2020, hereby communicates its shareholders and the market that the 1st Bankruptcy and Judicial Reorganization Court of São Paulo confirmed the Amendment to the Judicial Reorganization Plan of the Company and other companies from its economic group ("Decision" and "Amendment", respectively).

The Decision and the Amendment are available on the Company's investors relations website (http://ri.pdg.com.br/) and CVM website ( http://cvm.gov.br)

The Company will keep its shareholders and the market informed, pursuant to the legislation and regulation in force, about its Judicial Reorganization.

São Paulo, December 14, 2020

AUGUSTO ALVES DOS REIS NETO

Investor Relations Officer