Magazine Luiza 022470000101011
Magazine Luiza 022470000101011
Magazine Luiza 022470000101011
Grupamento de Ações
(i) Composição de lotes de Ações: no prazo de 30 (trinta) dias a contar da divulgação deste
Aviso, isto é, de 25 de abril de 2024 a 24 de maio de 2024 (inclusive), os acionistas poderão,
a seu livre e exclusivo critério, ajustar suas respectivas posições acionárias, em lotes
múltiplos de 10 Ações, mediante negociação privada ou no ambiente da B3 S.A. – Brasil,
Bolsa, Balcão (“B3”), de modo que as ações de sua titularidade não gerem frações após a
consumação do Grupamento (“Prazo para Livre Ajuste de Posições”).
(ii) Consumação do Grupamento: No primeiro pregão após o fim do Prazo para Livre Ajuste
de Posições, isto é, em 27 de maio de 2024, as Ações de emissão da Companhia passarão
a ser negociadas de forma exclusivamente grupada.
O resultado do Leilão e a data na qual os recursos resultantes do leilão serão disponibilizados aos
acionistas serão divulgados oportunamente por meio de aviso aos acionistas.
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MAGAZINE LUIZA S.A.
Publicly-held Company
CNPJ/MF nº 47.960.950/0001-21
NIRE 35.3.0010481.1
NOTICE TO SHAREHOLDERS
MAGAZINE LUIZA S.A. (“Company”), following the information disclosed in the Material Fact dated of
March 22, 2024, hereby informs its shareholders and the market in general that, at the Ordinary and
Extraordinary General Meeting held on this date ("Shareholders’ Meeting"), the reverse share split of all
common shares issued by the Company (“Shares”) was approved at a ratio of 10:1, so that each lot of 10
(ten) Shares shall be consolidated into 1 (one) share, without modification of the share capital, pursuant
to article 12 of Law No. 6,404/76 ("Reverse Share Split"). As a result of the approval of the Reverse
Share Split by the Meeting, the Company's share capital is now divided into 738,995,248 (seven hundred
and thirty-eight million, nine hundred and ninety-five thousand, two hundred and forty-eight) common
shares, all nominative, book-entry and without par value, remaining, however, at the amount of
R$ 13,802,162,483.70 (thirteen billion, eight hundred and two million, one hundred and sixty-two
thousand, four hundred and eighty-three reais and seventy centavos).
As provided in the management proposal for the Meeting and per approved at such meeting, the
implementation of the Reverse Share Split shall observe the following procedures:
(i) Composition of lots of Shares: within 30 (thirty) days from the disclosure of this Notice, that
is, from April 25, 2024 to May 24, 2024 (inclusive), shareholders may, at their sole discretion,
adjust their respective share interests, in multiples of 10 Shares, through private negotiation
or in the B3 S.A. - Brasil, Bolsa, Balcão ("B3") stock market, so that their Shares do not
generate fractions after the implementation of the Reverse Share Split ("Free Adjustment
Period").
(ii) Implementation of the Reverse Share Split: On the first trading day after the end of the
Free Adjustment Period, that is, on May 27, 2024, the Shares issued by the Company shall
be traded exclusively in grouped form.
(iii) Treatment to be given for fractions of Shares: Any fractions of Shares resulting from the
Reverse Share Split shall be segregated, grouped in whole lots, and sold at an auction to be
held at B3 ("Auction"), and the proceeds from such sale shall be proportionally distributed to
the holders of the fractions, after financial settlement.
(iv) Auction: The Auction shall observe the rules set forth in the B3 Trading Operational
Procedures Manual.
(v) Payment to Shareholders: The proceeds from the sale of the Shares formed from the
remaining fractions after the Reverse Share Split shall be made available, proportionally, in
the name of the respective holder, after financial settlement at B3.
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The result of the Auction and the date on which the proceeds arising from it shall be made available to
shareholders shall be disclosed in due course through a notice to shareholders.