On Monday, August 31, 2026, Companhia Brasileira de Distribuição, known as GPA (PCAR3), informed the market about a statement by the São Paulo State Prosecutor’s Office (MP-SP) in its out-of-court reorganization proceeding, following a request for clarification made by B3 based on a news article published on August 28, 2026.
According to the company, the MP-SP’s opinion was filed in the records of the out-of-court reorganization proceeding and does not bind the judge responsible for the decision. After this statement, GPA submitted its own position, defending the legality of the out-of-court reorganization plan and reiterating its request for court approval (homologation).
The notice highlights that, at the end of August 28, 2026, the competent court issued a ruling in which it noted the clarifications provided by GPA and granted a 5-day period for the MP-SP and the creditors who challenged the plan to submit concrete evidence regarding any claims that may have been improperly excluded from the plan.
GPA states that it is confident that, once the adversarial phase is closed, all challenges will be rejected and that its out-of-court reorganization plan, approved with broad support from creditors, will be ratified by the Judiciary. The company also says it understands that filings and opinions in the proceeding are inherent to the legal process and, as a rule, do not constitute a material fact.
Finally, Companhia Brasileira de Distribuição reports that the full records of the out-of-court reorganization proceeding can be consulted on the São Paulo Court of Justice website, under case number 4036772-74.2026.8.26.0100, and reiterates that it will keep investors and the market informed in accordance with applicable regulations.
