On Tuesday, July 28, 2026, Paranapanema (PMAM3), which is under court-supervised reorganization, announced the cancellation of the 9th and 10th issuances of debentures convertible into shares (debentures that can be exchanged for shares), unsecured, in a single series and for private placement, which would have been offered exclusively to the company’s shareholders.

The two debenture issuances had been approved by the board of directors on May 6, 2026, and subsequently amended on June 22, 2026, and July 13, 2026. The characteristics of these issuances are described in the respective indentures and in a notice to shareholders released on May 12, 2026.

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