Movida (MOVI3) approved at a board meeting held on Thursday, July 30, 2026, the payment of Interest on Equity (JCP, juros sobre capital próprio) of R$ 0.75186692 per share, totaling R$ 255 million for fiscal year 2025. Of this amount, R$ 75.6 million will be paid in cash and R$ 179.4 million may be used to subscribe new shares in a capital increase at an issue price of R$ 6.65 per share, a value that represents a 25% discount to the 30-day volume-weighted average price (VWAP) on B3.
The JCP payment, subject to withholding of Income Tax at source for those who are not exempt, will be made on September 11, 2026, based on the shareholder position as of December 19, 2025, the date on which shareholders of record will be entitled to the credit. The shares have been traded ex-JCP since December 22, 2025.
The board also approved a capital increase at Movida of up to R$ 152.48018415 million, by issuing up to 22,929,351 new common shares at a price of R$ 6.65. The current share capital of R$ 2.69411536348 billion may reach a minimum of R$ 2.70807933748 billion and a maximum of R$ 2.71704471448 billion, depending on the number of shares actually subscribed.
Preemptive rights in the subscription will be granted to holders of the company’s shares recorded at the close of trading on B3 on August 4, 2026, inclusive, at the ratio of 0.0571752539 new share for each 1 share held on that date, which corresponds to 5.71752539% of the number of shares held. The new shares may be paid up in cash, in local currency, or with full or partial use of the net JCP credit.
The capital increase provides for a minimum subscription of 13,963,974 shares, equivalent to R$ 92.8604271 million, and a maximum of 22,929,351 shares, equivalent to R$ 152.48018415 million. Management estimates that, if the maximum subscription is reached, the potential dilution for those who do not exercise their preemptive rights will be 5.39402082615%, and, in the minimum subscription scenario, 3.35573300499%. The company also reported that it has received an indication that controlling shareholder SIMPAR S.A. and some members of management intend to subscribe shares, ensuring that the minimum amount will be reached, although there is no formal commitment.
