On Monday, August 10, 2026, Magazine Luiza (MGLU3) clarified that the amortization of approximately R$ 900 million scheduled for October 2026, referring to the 10th debenture issuance (debt securities issued by companies) with code MGLUA0, corresponds to a contractual commitment already undertaken and not to a projection or performance estimate. This amortization has an outstanding balance of R$ 888.3 million as of December 31, 2025, maturing on October 15, 2026, and is already reflected in the company’s financial statements.
According to the company, the indication that gross debt will fall from about R$ 4.9 billion to around R$ 4 billion stems solely from the arithmetic application of this contractual maturity to the outstanding debt balance already disclosed to the market. Magazine Luiza states that the amortization will be carried out with existing cash, which reduces gross debt but leaves net debt unchanged, and is therefore considered neutral for the company’s economic assessment.
The company also notes that this amortization represents ordinary treasury management, in an amount of less than one-fifth of gross debt, already recorded under current liabilities and as a small fraction of total liquidity, without changing its capital structure policy, financial strategy, or risk profile. For this reason, it believes that the information does not constitute a material act or fact under CVM Resolution No. 44/21, nor does it fall under the illustrative situations set out in that rule.
Magazine Luiza further clarifies that the references to the October amortization do not constitute a "projection or estimate" within the meaning of Article 21 of CVM Resolution No. 80/22, but rather factual information already included in the amortization schedule in the notes to the 2Q26 ITR. The company emphasizes that the data mentioned in a press report essentially reproduce the second quarter 2026 (2Q26) results released on August 6, 2026, through the ITR, the earnings release, and the results presentation, without the inclusion of new or confidential information.
Finally, the company reports that details on the 10th debenture issuance, including the outstanding balance of R$ 888.3 million as of December 31, 2025, maturity on October 15, 2026, and the breakdown of gross debt between current and non-current portions, are included in the 2025 financial statements, the 2Q26 earnings release and results presentation, and in the current Reference Form, in which it states that it does not maintain any disclosed active projections.
