Casas Bahia approves capital increase of R$ 140.6 million

Casas Bahia informed yesterday, 17th, at night, in a "Notice to Shareholders", that its Board of Directors approved at a meeting on Thursday, 16th, a capital increase in the amount of R$ 140,592,716.81 due to the conversion of 37,895,611 2nd series debentures, mandatorily convertible into shares, from the company's 11th debenture issue, held in December 2025.

Of the total, R$14,059,271.68 will be allocated to the share capital account and the remainder to the capital reserve. The conversion was carried out in the proportion of one common share for each debenture. This occurs, according to the company, in response to requests for mandatory conversion received by the company between June 1, 2026 and June 30, 2026.

In this sense, the company's share capital was changed from R$7,124,849,495.39 to R$7,138,908,767.07. The number of common shares increased from 975,864,785 to 1,013,760,396.

The company also informs that the capital increase was carried out with the exclusion of preemptive rights for its shareholders, and that, in addition to the dilution to be observed by shareholders who did not participate in the offer in December 2025, "management does not envisage other relevant legal or economic consequences resulting from the capital increase".

Casas Bahia also says that, as the number of conversion requests was higher than the limit for the period, a proportional distribution was carried out among the debenture holders; and that the new common shares are all nominative, book-entry and have no par value, and have been fully subscribed and paid in.

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