Brava Energia ADR Program Implementation

Dec. 1 – BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, and, following the Material Fact disclosed on September 18, 2025, hereby informs its investors and the market in general that, on December 1, 2025, the Company’s Level I American Depositary Receipts program (“ADR” and “ADR Program,” respectively) was declared effective by the U.S. Securities and Exchange Commission (SEC), with the characteristics below:

  • ADR depositary institution: JPMorgan Chase Bank, N.A.;
  • ADR composition: each ADR issued under the ADR Program will be backed by 1 (one) common share issued by the Company;
  • ADR trading: the ADRs will be admitted for trading on the over-the-counter market;
  • Trading code: the ADRs will be traded under the ticker “BVENY US”.

Investors who wish to receive ADRs must, through their respective brokers and in accordance with the terms and conditions of the Deposit Agreement and the applicable legal and regulatory provisions, contact JPMorgan Chase Bank, N.A. via the channels available on the website https://www.adr.com/.

The ADR Program aims to foster share liquidity, increase the Company’s exposure to other markets, and establish, through the U.S. capital markets, a direct channel to global investors.

Finally, Brava reinforces its commitment to keep its investors and the market in general properly informed, in line with best corporate governance practices and in strict compliance with current legislation.

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