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Significant Changes

B. Significant Changes

See notes 1 to our audited consolidated financial statements, included in this Annual Report, to see our significant changes on period.

Capital Increase

On April 25, 2024, our shareholders at Annual General Meeting approved a share capital increase in R$ 10,000.0 million, without issue of shares, upon the capitalization of part of the Capital Increase Reserve. Therefore, the share capital of R$9,269.3 million divided into 1,304,117,615 registered, book-entry common shares with no par value became R$19,269.3 million, comprised of 1,304,117,615 registered, book-entry common shares, with no par value.

Other Significant Changes

Other significant changes or events have occurred after the close of the balance sheet at December 31, 2023. For further information on such events, please see note 32 to our audited consolidated financial statements included in this Annual Report.

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