Investimentos BEMGE S.A. is a publicly held company with shares traded on B3 – Brasil, Bolsa, Balcão under the tickers FIGE3 and FIGE4. The company traces its origins to 1964, when it was incorporated at a general meeting under the name Companhia Progresso de Goiás – Progoiás – Crédito, Financiamento e Investimento, in the city of Goiânia (GO), with initial share capital of CR$ 50,000.00. Its articles of incorporation were filed with the Commercial Registry of the State of Goiás in January 1965, formalizing the start of its operations in what was then the credit, financing, and investment segment. Over time, the company underwent significant changes in control and headquarters, reflecting different phases of activity within the Brazilian financial system.

In April 1971, a business group from the state of Minas Gerais acquired control of Progoiás, which led to the opening of a branch in Belo Horizonte (MG) and the change of corporate name to PROGOIÁS S.A. – Crédito, Financiamento e Investimento. A few years later, in October 1974, control was transferred to Banco do Estado de Minas Gerais S.A. (BEMGE). At the same time, by resolution of an Extraordinary General Meeting, the company’s head office was transferred from Goiânia to Belo Horizonte and it was renamed FINANCEIRA BEMGE S/A – Crédito, Financiamento e Investimento. This period marked the company’s integration into the state banking system of Minas Gerais and its consolidation as a financial institution focused on credit and financing.

The corporate trajectory of the current Investimentos BEMGE is also influenced by the privatization of BEMGE. On September 14, 1998, Financeira Bemge came to be indirectly controlled by Itaú Unibanco S.A., as a result of Itaú’s acquisition of the controlling interest in Banco do Estado de Minas Gerais at a privatization auction held on the same date. This transaction placed the company within the Itaú Unibanco Holding S.A. group, a set of institutions that operate in an integrated manner in the Brazilian financial market. The issuer’s operations are conducted within this economic group context, under the coordination of the controlling holding company, which affects regulatory and governance aspects.

The most structural shift in positioning occurred in 2001. At an Ordinary and Extraordinary General Meeting held on April 24, 2001, subsequently approved by the Central Bank of Brazil on July 18, 2001, the change in the company’s corporate purpose was approved. The then Financeira Bemge S.A. Crédito, Financiamento e Investimento ceased to operate as a traditional finance company and was transformed into an equity and real estate investment company, adopting its current corporate name, Investimentos Bemge S.A. Since then, the main nature of the business has been taking interests in other companies and managing an investment portfolio, rather than granting credit directly to the public.

The corporate purpose described in the Reference Form states that the issuer’s objective is to support the companies in which it holds equity interests. This support is provided through studies, analyses, and recommendations on the operating policy and expansion projects of investees, through the mobilization of resources to meet additional risk capital needs, and through the subscription or acquisition of securities issued by these companies, with the aim of strengthening their position in the capital markets. Additionally, Investimentos BEMGE may lease properties required for the operations of the investee companies and develop related or ancillary activities of interest to these entities, except for those activities reserved to financial institutions regulated as such.

Although its economic focus is on equity and real estate investments, the issuer states that, in the reference period, it does not have typical operating activities in progress that would justify presenting operating segments with specific products, production processes, or markets. There is no disclosure of revenue lines by segment, nor description of production processes, distribution, or market share, precisely because its activities are centered on holding and managing equity interests, rather than manufacturing or directly providing services to end clients. There is also no indication of material revenue from abroad, and the issuer states that it has no operations in other countries.

From a regulatory standpoint, Investimentos BEMGE is a listed company regulated by the Brazilian Securities Commission (CVM), which is responsible for setting rules, supervising, and enforcing the securities market in Brazil, including derivatives, exchanges, and organized over-the-counter markets. The FIGE3 and FIGE4 shares were admitted to trading on B3 in July 1977, underscoring the company’s long-standing presence in the Brazilian equity market. In addition to CVM oversight, the fact that it is indirectly controlled by Itaú Unibanco Holding S.A. means that, in some cases, certain regulatory requirements of the Central Bank of Brazil may also apply to the company, due to its integration into the financial conglomerate.

With respect to environmental, social, and governance (ESG) practices, the issuer states that it is subject to the Sustainability and Socioenvironmental Responsibility Policy of its parent company, Itaú Unibanco Holding S.A., available on the group’s Investor Relations website. At the same time, Investimentos BEMGE reports that it does not have activities that would justify producing its own ESG report with a materiality matrix, performance indicators, climate targets, or a greenhouse gas emissions inventory. In the political-institutional sphere, the company follows the group’s internal policy that prohibits corporate electoral donations or financial contributions to political candidates and parties, in line with Brazilian electoral law. The issuer also states that it has no expenses related to public policy advocacy, since any such initiatives are handled on a consolidated basis by Itaú Unibanco Holding S.A.

For individual investors interested in FIGE3 and FIGE4 shares, this set of information indicates that Investimentos BEMGE essentially operates as a holding and investment structure within a larger financial conglomerate, with no material stand-alone operating activity, no direct end clients, and a focus on the management of capital and equity assets. The company is subject to the regulatory framework applicable to Brazilian listed companies and to the sustainability, governance, and institutional relations guidelines set by its controlling shareholder, which shape its risk profile, obligations, and the way its activities fit into the local capital markets.