PR Newswire | Sep 29, 2021 08:52PM EDT

- analysis of alternatives for restructuring Sabesp's share capital

09/29 19:51 CDT

Sabesp - Material Fact: Hiring IFC to provide consulting services to the State - analysis of alternatives for restructuring Sabesp's share capital SAO PAULO, Sept. 29, 2021

SAO PAULO, Sept. 29, 2021 /PRNewswire/ -- Companhia de Saneamento Bsico do Estado de Sao Paulo - Sabesp ("Company" or "Sabesp"), pursuant to the provisions CVM Instruction n 44, of August 23, 2021, hereby informs its shareholders and the market in general that, on a meeting held at this date by the State Privatization Program's Board (Conselho Diretor do Programa Estadual de Desestatizaao - CDPED), established by State Law n 9,361, of July 5, 1996, in view of the New Sanitation Regulatory Framework (Federal Law n 14,026/2020), as well as State Law n 17,383/2021, which defined the Regional Basic Sanitation Units for the State of Sao Paulo, unanimously resolved:

(i) to recommend the hiring, by the Treasury and Planning Secretariat (Secretaria da Fazenda e Planejamentodo Estado de Sao Paulo), of the International Finance Corporation - IFC, to provide consulting services to the State, consisting in the identification and analysis of possible alternatives for restructuring Sabesp's share capital; and

(ii) at each relevant stage of the work to be carried out by the IFC, the matter should return to CDPED for evaluation and continuation.

Sabesp will keep the market informed of any developments related to the subject matter of this Material Fact.

IR Contacts:Mario Arruda Sampaio: (55 11) 3388-8664 (maasampaio@sabesp.com.br) Angela Beatriz Airoldi: (55 11) 3388-8793 (abairoldi@sabesp.com.br)

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SOURCE Sabesp