Avibras' Judicial Recovery Plan was approved by creditors in a virtual meeting this Thursday, July 6^th, 2023. This is an important step in the company's economic and financial restructuring process, which also includes other recovery initiatives.

We know that we still have a lot of work ahead of us in the execution of our plan, but we remain firm and confident in building a new journey for Avibras.

The approved plan contains the cash generation flow, demonstrating the company's economic viability, the methods of payment to creditors and the means that will be used for the company's restructuring.

In parallel with the Judicial Recovery process, the company continues to focus on sales efforts both in Brazil and abroad. It is also seeking to expand its capital through direct investments of strategic companies, and the government is closely monitoring the evolution of this process.

Avibras would like to thank all its employees and other creditors for participating in the meeting and for their trust in the company's recovery. The company also reaffirms its effort and commitment to its recovery, with its employees, partners and customers.

The company remains confident that it will overcome all challenges and resume growth soon.

Press Office