The Board of Embpar Participacoes S.A. (BOVESPA:EPAR3) announced the split-off of COTRASA PARTICIPAÇÕES SA on October 19, 2023. As per the transaction, ownership of shares issued by Cotrasa Participações will be transferred to shareholders holding shares issued by the Embpar Participacoes, who are in the Company's records on December 19, 2023, and for each common share held by shareholders in Embpar Participacoes will receive, 1 (one) common share issued by Cotrasa Participações.