On Thursday, July 30, 2026, Sabesp (SBSP3) reported that its shareholders approved, at an Extraordinary General Meeting, the merger by the company of all EMAE – Empresa Metropolitana de Águas e Energia S.A. shares that are not yet held by Sabesp itself. As consideration, EMAE shareholders, except for Sabesp, will receive Sabesp common shares, in accordance with the Share Merger Protocol and Justification executed on June 29, 2026 and the management proposal submitted to the meeting.
The completion of the share merger still depends on approval at an Extraordinary General Meeting of EMAE itself. The holding of this meeting was postponed by order of the Brazilian Securities and Exchange Commission (CVM) for 30 days, counted from the date on which EMAE makes available to its shareholders the additional information required by the regulator.
Sabesp stated that it will disclose new material information on the share merger, including approval by EMAE’s meeting, in accordance with applicable laws and regulations.
