Mills (MILS3) approved, at a Board of Directors meeting held on August 27, 2026, a capital increase of R$ 406,089.96, resulting from the exercise of stock options under the Company’s Incentive Plan. As a result, the capital stock will rise from R$ 1,092,065,697.83 to R$ 1,092,471,787.79.
The capital increase is intended exclusively to meet the exercise of options under Stock Option Grant Program 1/2025, approved on July 16, 2025 and linked to the Incentive Plan approved at the shareholders’ meeting held on July 18, 2018 and amended on April 25, 2025.
A total of 48,172 new common, registered, book-entry shares with no par value were issued, at an issue price of R$ 8.43 per share. The total number of outstanding common shares will increase from 234,238,661 to 234,286,833.
The new shares will have the same rights as the other common shares, including entitlement to dividends, interest on equity (Juros sobre Capital Próprio) and other distributions that may be declared. These shares may only be traded by the beneficiaries after full payment, in compliance with the deadlines and restrictions set forth in the grant agreements.
The issuance was carried out without preemptive rights for current shareholders, pursuant to Law No. 6,404/76 and the company’s bylaws, as it results from the exercise of previously granted options. The transaction represents a 0.02057% increase in the number of shares and an approximate 0.02056% dilution for shareholders who did not participate in the exercise.
