Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP
PUBLICLY HELD COMPANY
Corporate Taxpayer’s ID (CNPJ): 43.776.517/0001-80
Company Registry (NIRE): 35.300.016.831
NOTICE TO THE MARKET
Companhia de Saneamento Basico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”) informs its shareholders and the market in general, in continuation of the Notice to the Market of May 11, 2023, that the deadline for registration of employees in the Incentive Retirement Program ended on June 30, 2023 with the adhesion of 1,862 employees.
The Company will follow a schedule of dismissal of subscribers expected to occur between July 2023 and June 2024, ensuring that the process occurs in a gradual and planned manner, thus avoiding the risk of discontinuity in SABESP's activities. Termination costs are being calculated and will be recognized in the second quarter of 2023.
São Paulo, July 05, 2023.
Catia Pereira
Chief Financial Officer and Investor Relations Officer
Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Catia Cristina Teixeira Pereira
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Name: Catia Cristina Teixeira Pereira
Title: Chief Financial Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.