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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): 35.3000.1683-1
NOTICE TO THE MARKET
Companhia de Saneamento Básico do Estado de São Paulo – SABESP ("Company" or "SABESP"), hereby informs its shareholders and the market in general that, in compliance with the obligations established by Federal Decree 10,710/2021 ("Decree"), it has filed, on this date, the Request for Evidence of its Economic and Financial Capacity (“Request”) with the São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo) pursuant to article 10-B of Law 11,445/2007.
As for the information submitted to ARSESP, the Company highlights the following:
| · | The minimum benchmark indices of the economic and financial indicators were confirmed and validated by an independent auditor; and |
| · | The feasibility studies and the fundraising plan confirm the economic and financial capacity to meet the universalization targets provided for in Article 11-B of Law 11,445/2007, validated by an independent certifier. |
On this occasion, Sabesp requested ARSESP to treat the information contained in the Request with confidentiality, as it constitutes confidential data that is strategic, being that its disclosure may adversely impact the Company’s business. Additionally, in compliance with paragraph 2 of Article 11 of the Decree, the Company will submit the same documentation – by January 4, 2022 – to the National Water and Sanitation Agency (ANA - Agência Nacional de Águas e Saneamento Básico), also requesting the confidential treatment of information for the reasons already explained.
São Paulo, December 30, 2021.
Osvaldo Garcia
Chief Financial Officer and Investor Relations Officer
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Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
| By: | /s/ Osvaldo Garcia
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Name: Osvaldo Garcia
Title: Chief Financial Officer and Investor Relations Officer |
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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.
