Electro Aço Altona board backs private share subscription capital raise of up to R$ 8.98 million

• Electro Aço Altona’s board met on March 26, 2026 to review 2025 results, update its 2Q26 outlook, and set capital actions.
• Board endorsed the full-year 2025 financial statements, backing management’s proposals for the April 29, 2026 annual shareholders’ meeting.
• Board cleared a capital increase from profit reserves and remaining 2025 earnings, with no issuance or change in outstanding shares.
• Board also backed a private share subscription capital raise of up to BRL 8.98 million, issuing up to 355,000 common shares and 465,000 preferred shares.
• Transaction viability was set to a minimum subscription of 182,700 new shares, regardless of class.

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