Sabesp offers 1.32 shares per EMAE share in stock-for-stock takeover bid

• SABESP plans to acquire the remaining shares of energy company EMAE, making EMAE a wholly owned subsidiary.
• EMAE shareholders other than SABESP would receive 1.32 SABESP common shares for each EMAE common or preferred share held at closing.
• The deal implies issuance of 9,875,257 new SABESP common shares, lifting share count to 3,534,409,282 common shares.
• The transaction would increase SABESP equity by BRL 125.78 million, based on EMAE shares valued at book equity as of March 31, 2026.
• EMAE shares would be delisted from B3’s traditional segment once completed, with EMAE seeking a downgrade to category B registration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SABESP - Companhia de Saneamento Básico do Estado de São Paulo published the original content used to generate this news brief on June 30, 2026, and is solely responsible for the information contained therein.