Ratification of Capital Increase with Preferred Shareholders
The Company seeks to ratify with preferred shareholders the previously approved capital increase of R$ 3,000,000,000.00 (three billion reais) through the issuance of new preferred shares (PN). This increase aims to strengthen the Company’s capital structure, providing necessary resources for new strategic investments, supporting its continued expansion, and, most importantly, generating value for the already issued shares held by shareholders.
This capital increase has already been approved in a Shareholders’ Meeting convened with holders of voting shares (ON). With this increase, the Company’s total capital will reach R$ 7,665,290,000.00 (seven billion, six hundred and sixty-five million, two hundred and ninety thousand reais). The issuance of 37,500,000 new preferred shares will add to the 58,257,000 already issued, resulting in a total of 97,757,000 preferred shares after the capital increase. • In the case of fractional shares during the investment process, investors must round up their investment in cash to ensure that shares conform to the R$ 80.00 price per share, with a minimum lot of 100 shares. • Regarding the 30% of shares held in treasury, the Company has a contractual agreement with its creditor bank under a previously signed bilateral agreement. As per this agreement, 30% of the newly issued preferred shares will remain in treasury as collateral, which is already known to all shareholders. • The stock consolidation was conducted to adjust the number of preferred shares (PN), ensuring that their total does not exceed the number of common shares (ON), in compliance with the conditions agreed upon with the creditor bank.