Board of Directors' Meeting - 03/20/2026 - Minutes (Payment of Interest on Shareholders' Equity)

1. DATE, TIME, and PLACE: meeting held on March 20th, 2026, at 1 p.m., at the headquarters of TOTVS S.A. ("TOTVS" or the "Company"), located at Avenida Braz Leme, No. 1.000, Casa Verde district, city of São Paulo, State of São Paulo, Zip Code 02.511-000, Brazil, pursuant to article 18 of the Company's Bylaws and article 16 of the Internal Regulations of the Board of Directors.

2. CALL AND ATTENDANCE: the corresponding call notice was duly sent pursuant to article 18, paragraph 1 of the Bylaws of TOTVS. All members of the Board of Directors (the "Board") were present, namely: Laércio José de Lucena Cosentino, Ana Claudia Piedade Silveira dos Reis, Edson Georges Nassar, Gilberto Mifano, Guilherme Stocco Filho, Isabella de Oliveira Vianna Cavalcanti Wanderley and Tania Sztamfater Chocolat.
3. CHAIR AND SECRETARY: Chairman of the Board: Laércio José de Lucena Cosentino; Secretary: Téssie Massarão Andrade Simonato.

4. AGENDA: Review of the proposal for the declaration and payment of Interest on Equity ("IoE") for the 1stquarter of 2026.

5. PRESENTATION, DISCUSSIONS AND RESOLUTIONS: with the favorable opinion of the Statutory Audit Committee, the Board unanimously approved the payment of IoE, corresponding to R$0,18 (eighteen cents) per share of the Company ("Shares"), for a total gross amount of approximately R$104.2 million, which will be attributed to mandatory dividends for the current fiscal year, pursuant to Article 38 of the Company's Bylaws. All shareholders holding Shares on the base date of March 25th, 2026, will be entitled to IoE. Furthermore, trading of Shares from March 26th, 2026, will be carried out ex-rights. The IoE will be paid to beneficiary shareholders on April 10th, 2026, without monetary correction or remuneration.

6. APPROVAL AND SIGNATURE OF THESE MINUTES: there being no further business to address, the Chairman called the meeting to a close. These minutes were read and approved with no reservations by all those present. We certify that this is a free translation of the original minutes drawn up in the Company's records.

São Paulo, March 20th, 2026.