On Friday, July 17, 2026, Grupo Casas Bahia (BHIA3) approved a capital increase of R$ 140,592,716.81 due to the mandatory conversion, in the period from June 1 to 30, 2026, of 37,895,611 debentures (debt securities issued by the company) of the 2nd series of its 11th issue into an equal number of common shares, at a ratio of 1 share for each debenture.
Of this amount, R$ 14,059,271.68 was allocated to the capital stock account and the remaining amount to the capital reserve. As a result, capital stock increased from R$ 7,124,849,495.39, divided into 975,864,785 common shares, to R$ 7,138,908,767.07, divided into 1,013,760,396 common shares, all registered, book-entry and with no par value.
The capital increase was approved without preemptive rights for current shareholders, as provided for in the debenture indenture. Management reports that, in addition to the dilution of shareholders who did not participate in the debenture offering carried out in December 2025, it does not identify other relevant legal or economic consequences arising from this transaction.
The 37,895,611 new shares issued as a result of the conversion were fully subscribed and paid in and will have the same characteristics, rights and advantages as the company’s other common shares, including with respect to the receipt of dividends or other distributions that may be approved from this date onward.
As the number of mandatory conversion requests received during the period exceeded the conversion limit set forth in the indenture, the company carried out a pro rata apportionment among the debenture holders of the 2nd series, according to the amount of debentures indicated in each request up to the limit established for the period.
