Enhanced Investments - Financial Portal

Sabesp - Material Fact

Published: 2021-05-03 03:18:00 ET

SÃO PAULO, May 2, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp") in compliance with the provisions of Article 157, Paragraph 4 of Law 6,404/76 and the provisions of CVM Instruction 358/02, informs its shareholders and the market in general that we did not partner with Iguá Saneamento S.A. ("Iguá"), winner of the auction to explore block 2 of the concession of the Companhia Estadual de Águas e Esgotos do Rio de Janeiro (CEDAE), held on April 30, 2021. However, under the terms of the memorandum of understanding signed with Iguá, we have an option to integrate the SPV that holds the block 2 concession, with a minority position and at no cost to Sabesp, except for the required capitalizations from shareholders in order to be entitled to the obligations of the future concessionaire, in case Sabesp decides to exercise this option.

Sabesp will keep the market informed of any developments on the subject matter of this Material Fact.

IR Contacts: Mario Arruda Sampaio – (55 11) 3388-8664 (maasampaio@sabesp.com.br) Angela Beatriz Airoldi – (55 11) 3388-8793 (abairoldi@sabesp.com.br)

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SOURCE Sabesp

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
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team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.