In the High Court of Justice, Business and Property Courts of England and Wales, Insolvency & Companies List

No CR-2023-001470 of 2023

Debtor: Oi S.A. – Em Recuperação Judicial.

Nature of business: The debtor does not conduct any business in England.

Addresses of debtors: The address of the debtor’s centre of main interests is Rua do Lavradio No. 71, 2nd Floor, 20230-070, Rio de Janeiro, RJ Brazil.

Order: The following order was made on 28 March 2023 in respect of the debtor.

“1. The Brazilian restructuring proceeding (recuperação judicial) which commenced in respect of Oi (a company incorporated in Brazil with Brazilian tax identification number 76.535.764/0001-43) on 1 March 2023 in the Bankruptcy Court of Rio de Janeiro in Brazil pursuant to Federal Law No. 11.101 of February 9, 2005 of the laws of the Federative Republic of Brazil (the “Foreign Main Proceeding”), is hereby recognised as a foreign main proceeding in accordance with the UNCITRAL Model Law on Cross-Border Insolvency as set out in Schedule 1 to the Cross-Border Insolvency Regulations 2006 (S.I. 2006 No 1030) (the “Regulations”).

2. Pursuant to Articles 20(1) and 21(1)(g) of the Regulations and paragraphs 42 to 43 of Schedule B1 to the Insolvency Act 1986, as long as the Foreign Main Proceeding is ongoing and continues to exist, including any extensions thereto:

a. No legal process (including legal proceedings, execution, distress and diligence) may be instituted or continued against Oi or its property except with the consent of the Foreign Representative or with the permission of the Court;

b. Execution against Oi’s assets is stayed;

c. The right to transfer, encumber or otherwise dispose of any assets of Oi is suspended;

d. No winding up petition may be presented in respect of Oi and no order shall be made for the winding up of Oi except with the consent of the Foreign Representative or with the permission of the Court.

3. The requirement to give notice to Oi pursuant to paragraph 21(2)(b) of Schedule 2 to the Regulations is waived.”

Name and address of foreign representative: Antonio Reinaldo Rabelo Filho of Rua do Lavradio No. 71, 2nd Floor, 20230-070, Rio de Janeiro, RJ, Brazil.