Companhia de Saneamento de Minas Gerais : Notice to the Market - ARSAE-MG Return
September 08, 2021 at 08:42 am EDT
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COMPANHIA DE SANEAMENTO DE MINAS GERAIS - COPASA MG
PUBLICLY-HELD COMPANY
COMPANY REGISTRY (NIRE): 313.000.363-75
CORPORATE TAXPAYER'S ID (CNPJ): 17.281.106/0001-03
NOTICE TO THE MARKET
Companhia de Saneamento de Minas Gerais - COPASA MG ("Company"), continuing the Material Fact disclosed on 26 July 2021, informs that the Board of Directors, at a meeting held on
26 August 2021, decided to:
Authorize, pursuant to item XIX of article 28 of the Company's Bylaws, the beginning of returns, in a simple and corrected manner, referring to the administrative proceeding ARSAE No. 05/2019 - provision of sewage services in the municipality of Belo Horizonte, in the period 2012 to 2018, in the estimated amount of R$130,753, 607.41 (one hundred and thirty million, seven hundred and fifty-three thousand, six hundred and seven reais and forty-one cents).
Recommend for approval by the General Meeting, pursuant to the second paragraph of article 28 of the Company's Bylaws, the filing of a lawsuit against the ARSAE-MG decision, regarding the double return and payment of interest, referring to the ARSAE administrative proceeding No. 05/ 2019 of Belo Horizonte, in the estimated amount of R$116,104,900.62 (one hundred and sixteen million, one hundred and four thousand, nine hundred reais and sixty-two cents).
Belo Horizonte, 8 September 2021.
Carlos Augusto Botrel Berto
Chief Financial and Investor Relations Officer
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COPASA MG - Companhia de Saneamento de Minas Gerais published this content on 08 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 12:41:09 UTC.
Companhia de Saneamento de Minas Gerais Copasa MG, formerly Companhia Mineira de Agua e Esgoto - Comag, is a Brazil-based company engaged in the water supply and sanitation services. The Company's activities are divided into three business segments: Water services, Sewage services and Sale of products. The Water services division focuses on managing water supply system and distributing water through mains in the state of Minas Gerais, Brazil. The Sewage services division is responsible for the collection, treatment and disposal of waste water. The Sale of products division includes producing, bottling, distributing and selling mineral water. In addition, the Company renders construction, improvement and repair services in the water utilities infrastructure. It operates through a number of subsidiaries, such as Copasa Servicos de Saneamento Integrado do Norte e Nordeste de Minas Gerais SA, Copasa Servicos de Irrigacao SA and Copasa Aguas Minerais de Minas SA.
COMPANHIA DE SANEAMENTO DE MINAS GERAIS 
