Multiplan Empreendimentos Imobiliários (MULT3) EGM 2025 summary

Opening remarks and agenda

• Executive directors presented details of a major share repurchase transaction involving Multiplan and MPAR, following a material fact disclosed on June 24, 2024, and clarified that forward-looking statements involve risks and are not guarantees of future performance.

• The EGM is scheduled for October 21, 2024, with long-distance voting available until October 14, 2024.

• The agenda centers on the acquisition of 111.3M shares offered by OTPP, with MPAR and Multiplan each acquiring portions.

Specific resolutions to be voted on

• Approval for Multiplan to purchase up to 90.0M shares at R$22.21 per share, a 16.2% discount to recent market prices, and for MPAR to acquire 21.2M shares from OTPP.

• Cancellation of 22.6M treasury shares as part of the transaction steps, at a higher price than the buyback.

• Termination of the current shareholders agreement as a condition precedent.

• Decision on whether the company will exercise the purchasing option, with the outcome determined by shareholders present at the EGM.

Board and executive committee updates

• The company has prepared for this opportunity by deleveraging and maintaining a strong capital structure post-COVID, with leverage below historical averages.