Méliuz approves capital cut of R$ 160 million

Shareholders of Méliuz approved a reduction of the company's share capital by R$ 160 million at an extraordinary general meeting on Monday, October 5, 2026. The company deemed its current capital level excessive. The transaction will not cancel any shares or distribute cash to shareholders. Instead, the entire amount will be transferred into a capital reserve of equal value.

Following the cut, the share capital of Méliuz will decrease from R$ 519.98 million to R$ 359.98 million. The total share count will stay unchanged at 104.38 million common, registered, book-entry shares without par value. Under Article 174 of Brazilian Corporate Law, the capital decrease takes effect 60 days after the publication of the meeting minutes. The measure advances the capital reorganization plan first announced in a material fact on September 4, 2026.

The meeting also approved the company's Second Stock Option Plan. This program replaces and terminates the First Stock Option Plan dating back to September 2020. In addition, shareholders voted to amend the Restricted Stock Grant Plan originally approved in December 2021. Both programs form part of the company's share-based compensation policy for executives and eligible participants, with full terms filed with the CVM, B3, and the investor relations website.