Morgan Stanley, through its subsidiaries and funds, reached on September 10, 2026, a stake equivalent to 5% of the total number of common shares of Empreendimentos Pague Menos S.A. (PGMN3), according to a notice released this Friday, September 11, 2026.

According to the correspondence sent to Pague Menos, Morgan Stanley’s position now corresponds to 36,400,492 common shares of the company. The institution stated that it does not intend to change the company’s control structure or management structure.

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