Avibras reports that it has made significant progress in its financial recovery process with the signing, on October 25, 2024, of an agreement for the acquisition of control of the company by a Brazilian investor, which will depend on the fulfillment of conditions for its conclusion.

At this stage, the necessary steps will be taken to complete and validate the acquisition, in order to reestablish the company's operations.

The signing of this agreement represents an important milestone in the company's restructuring process. The effective closing of the acquisition can only take place if all the conditions set out in the agreement are met.

The parties are working collaboratively and diligently to complete the transaction.

More information on the process will be released in due course.

Press Office

October 28, 2024