Companhia de Saneamento de Minas Gerais : Notice to the Market - Shareholders Remuneration
March 20, 2024 at 05:00 pm EDT
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Companhia de Saneamento de Minas Gerais
Companhia de Saneamento de Minas Gerais Copasa
Publicly-Held Company
COMPANY REGISTRY (NIRE): 313.000.363-7517.281.106/0001-03
NOTICE TO THE MARKET
SHAREHOLDER REMUNERATION
referring to the 4th quarter of 2023 (4Q23) and the 1st quarter of 2024 (1Q24), as detailed below.
1. 2023FY, referring to 4Q23
1.1 Additional Dividends
Global Amount: 158,650,790.78 (one hundred and fifty-eight million, six hundred and fifty thousand, seven hundred and ninety reais and seventy-eight centavos).
Amount per Share: R$0.4184033769 per share.
Credit Date (Cut-Off Date): 03.25.2024.
-Io 03.26.2024.
Payment Date:
Reference: 4Q23.
2. 2024FY, referring to 1Q24
2.1 Interest on Equity IoE
Total Amount: R$117,595,755.91 (one hundred and seventeen million, five hundred and ninety-five thousand, seven hundred and fifty-five reais and ninety-one centavos).
Amount per share: R$0.3101305776 per share. The Withholding Income Tax will be deducted from the amounts above, pursuant to applicable legislation, which will be paid net of said tax, except for those shareholders who are provenly immune or exempt from it.
Credit Date (Cut-Off Date): 03.25.2024.
- 03.26.2024.
Payment Date: 05.17.2024.
Reference: 1Q24, and it will be considered as the mandatory dividend for 2024.
2.2 Dividends
Companhia de Saneamento de Minas Gerais
Total Amount: R$54,831,353.41 (fifty-four million, eight hundred and thirty-one thousand, three hundred and fifty-three reais and forty-one centavos).
Amount per share: R$0.1446045325 per share.
Credit Date (Cut-Off Date): 03.25.2024.
- 03.26.2024.
Payment Date: 05.17.2024.
Reference: 1Q24.
3. Additional information: Companhia de Saneamento de Minas Gerais COPASA MG. Rua Mar de Espanha,
COPASA MG - Companhia de Saneamento de Minas Gerais published this content on
20 March 2024 and is solely responsible for the information contained therein. Distributed by
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Companhia de Saneamento de Minas Gerais Copasa MG, formerly Companhia Mineira de Agua e Esgoto - Comag, is a Brazil-based company engaged in the water supply and sanitation services. The Company's activities are divided into three business segments: Water services, Sewage services and Sale of products. The Water services division focuses on managing water supply system and distributing water through mains in the state of Minas Gerais, Brazil. The Sewage services division is responsible for the collection, treatment and disposal of waste water. The Sale of products division includes producing, bottling, distributing and selling mineral water. In addition, the Company renders construction, improvement and repair services in the water utilities infrastructure. It operates through a number of subsidiaries, such as Copasa Servicos de Saneamento Integrado do Norte e Nordeste de Minas Gerais SA, Copasa Servicos de Irrigacao SA and Copasa Aguas Minerais de Minas SA.