InterCement Completes Second Step of Judicial Reorganization Closing, Equity Structure Adjusted

NewTimeSpace News: On April 6, 2026, InterCement and its affiliated debtors announced that, pursuant to the reorganization plan filed on October 5, 2025, and confirmed by the 1st Bankruptcy Court of São Paulo on December 10, 2025, the company successfully completed the "Closing - Second Step" on the same day.

According to the announcement, the core elements of this closing include:

Capital Increase: Through the issuance and delivery of ICP shares, financial creditors subscribed for shares representing at least 99% of ICP's total share capital.

Repurchase of Shares from the Former Controlling Shareholder: Redemption and repurchase of all shares held by Mover Participações S.A.

Corporate Governance Update: Approval of the new bylaws and appointment of the initial Board of Directors.

New Money Investor Share Subscription: Delivery of ICP shares representing 20% of ICP's share capital to new money investors, as consideration for the new financing.

Release of Funds: Release of the amounts corresponding to the new financing from escrow to the debtors.

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