ParanaPanema launches up to R$ 110 million unsecured convertible debenture offering

• ParanaPanema launched a private placement of 11th issuance unsecured debentures convertible into shares, targeting up to BRL 110 million.
• Single series with up to 11 debentures, each with a BRL 10 million unit face value; minimum raise set at BRL 100 million.
• Debentures mature in 12 months on July 27, 2027, with settlement only through conversion into new common shares.
• Conversion price set at BRL 0.03 per share, equal to 10% of the 30-day VWAP before the July 28, 2026 issue date.
• Remuneration accrues at 105% of the CDI rate from payment-in until conversion, with no cash interest or principal payments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ParanaPanema SA - em Recuperacao Judicial published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.