Market Communication / Comunicado ao mercado Rock Day 13 July

Market Communication  – 13 July Rock 'n roll

On Rock Day, the market deserves loud volume, hard facts, and full transparency. Azul has publicly acknowledged that certain pre-emptive rights were inadvertently sold in the secondary market and then exercised by unauthorized investors, triggering the issuance of additional warrants and a reset of the treatment of the affected securities.

The operational FAQ locked in the event timeline: AZUL18 was the 4th-series pre-emptive right, traded from 27/05/2026 to 23/06/2026, while AZUL19 is the code for the additional warrants tied to the 26/05/2026 record date.

When the issuer admits material breakdowns in the rights lifecycle, minority shareholders are not background noise. Custody, subscription, and traceability are not optional; they demand clean records, correct reconciliation, and a complete technical explanation.

Sources:
Azul S.A., Material Fact – Delivery of Subscription Warrants and Approval of the Issuance of Remaining Warrants, 21 May 2026.
Azul S.A., Material Fact / Ad Hoc Announcement – Additional Warrants and Corporate Restructuring, 21 May 2026.
B3 / Azul, AZUL FAQ – Subscription Warrants, 2026 operational version, including AZUL18 and AZUL19.
BSM Market Supervision, MRP No. 128/2026 – Legal Superintendence Opinion and Self-Regulatory Board Decision.
Trade note dated 20 March 2026 and custody/position records of investor Henrique Bouduard Mendes Drovandi.
Minutes of the Extraordinary General Meeting held on 12 February 2026, recording the remote participation of Henrique Bouduard Mendes Drovand.