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
MATERIAL FACT
Extraordinary Tariff Revision Result and Annual Tariff Readjustment
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM - Comissão de Valores Mobiliários), of August 23, 2021, in continuity to the Material Facts released on December 21, 2022 and February 16, 2023, hereby informs its shareholders and the market in general that, the São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo) released Resolution nº 1,394/2023 related to the Extraordinary Tariff Revision and the Resolution nº 1,395/2023, which presents the new tariff values, authorizing the Company to apply a total tariff readjustment of 9.5609% to its current tariffs, result of the following composition:
· | Inflation Index (February/2022 to February/2023) of 5.5964%; |
· | Efficiency fator (X fator) of 0.2142%; |
· | General Quality Index (GQI 2023) of 0.1280% to be discounted; |
· | Result of the Extraodinary Tariff Revision of 5.5532%; |
· | Compensatory Adjustment (referring to FY2021) of 1.4040% to be discounted. |
Along with the Resolutions, the respective Final Technical Notes were disclosed. The documents are available on ARSESP website or on the links:
Resolution nº 1,394/2023
Final Technical Note NT.F- 0012-2023
Resolution nº 1,395/2023
Final Technical Note NT.F- 0013-2023
The Resolution with the new tariff charts will be published in the São Paulo State Official Gazette (Diário Oficial do Estado de São Paulo) and will become effective on May 10, 2023. The tariff charts will be available on Sabesp’s website, www.sabesp.com.br and at the Company’s customer service centers.
São Paulo, April 06, 2023.
Catia Cristina Teixeira 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.