<SEC-DOCUMENT>0001292814-23-004824.txt : 20231130
<SEC-HEADER>0001292814-23-004824.hdr.sgml : 20231130
<ACCEPTANCE-DATETIME>20231130161731
ACCESSION NUMBER:		0001292814-23-004824
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20231231
FILED AS OF DATE:		20231130
DATE AS OF CHANGE:		20231130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
		CENTRAL INDEX KEY:			0001170858
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31317
		FILM NUMBER:		231456088

	BUSINESS ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
		BUSINESS PHONE:		011-55-11-3388-8000

	MAIL ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sbs20231129_6k2.htm
<DESCRIPTION>6-K
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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, DC 20549 </B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>REPORT OF FOREIGN ISSUER</B><BR><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES EXCHANGE ACT OF 1934</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center>

<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;November, 2023</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Exact name of registrant as specified in its charter) </I></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Basic Sanitation Company of the State of Sao Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Translation of Registrant's name into English) </I></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Rua Costa Carvalho, 300 <BR>S&#227;o Paulo, S.P., 05429-900 <BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Address of Registrant's principal executive offices) </I></FONT></DIV><BR>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file <BR>annual reports under cover Form 20-F or Form 40-F. <BR><BR>Form 20-F ___X___ Form 40-F ______</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(1)__.</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(7)__.</FONT></DIV>

<P></P>

<P align=center><FONT size=2 face="'Times New Roman, Times, Serif'">Indicate by check mark whether the registrant by furnishing the <BR>information contained in this Form is also thereby furnishing the <BR>information to the Commission pursuant to Rule 12g3-2(b) under <BR>the Securities Exchange Act of 1934. <BR><BR>Yes ______ No ___X___</FONT></P>

<P></P>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">If "Yes" is marked, indicated below the file number assigned to the<BR>registrant in connection with Rule 12g3-2(b):</FONT> </DIV>


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  <TR>
    <TD ROWSPAN="5" STYLE="border: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 5.4pt"><IMG SRC="sbs202311296k2_001.jpg" ALT="" STYLE="height: 86px; width: 63px"></TD>
    <TD COLSPAN="4" STYLE="border-top: #999999 1pt solid; border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 11pt"><B>Organizational Instrument</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Type:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Phase:</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Institutional Policy</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Current</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Title:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Number and Version:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>PI0034-V.4</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Issuing Area:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Approved by:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">First version effective on:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">This version is effective on:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">CH</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">VIRGINIA TAVARES RIBEIRO - VIRGINIARIBEIRO</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Oct. 29, 2018</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Nov. 28, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Related Areas (Coverage):</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt; color: gray">Processos:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">Sabesp</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">1.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 11pt">Introduction</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">This institutional policy establishes
the criteria for defining the compensation of managers (herein meaning officers and directors) and members of the Fiscal Council and the
statutory Audit and Eligibility and Advisory committees of Sabesp (&quot;Sabesp&quot; or &quot;Company&quot;), as well as the recovery
of variable remuneration (&#8220;Clawback&#8221;) which has been erroneously awarded to Executive Officers (&quot;Erroneously Awarded
Remuneration&quot;).</P>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">This policy, with respect to Clawback,
applies to any Incentive-Based Remuneration received by Executive Officers on or after October 2, 2023.</P>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">2.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 11pt">Objectives</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">To comply with the <I>Novo Mercado</I>
Regulation, our Bylaws and the provisions of Federal Laws 6,404/1976 and 13,303/2016 and State Capital Protection Board (&quot;Codec&quot;)
Resolution 01/2023 regarding the compensation of managers and members of the Fiscal Council and the statutory Audit and Eligibility and
Advisory committees and, Section 10D of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), Rule 10D-1 promulgated
under the Exchange Act (&#8220;Rule 10D-1&#8221;) and Section 303A.14 of the New York Stock Exchange (&#8220;NYSE&#8221;) Listed Company
Manual.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">3.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 11pt">Guidelines</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.3in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The compensation of managers and members of the
Fiscal Council and the statutory Audit and Eligibility and Advisory committees must be prepared by the Board of Directors and approved
at a General Shareholders&#8217; Meeting.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 0.55in; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt 0.85in; text-align: justify; text-indent: -0.35in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3.1.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Executive Board</U></FONT></B></P>

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<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Monthly compensation</U>.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">II.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Annual reward</U> in the same amount of the monthly compensation, calculated
on a <I>pro rata temporis </I>basis and paid in December of each year. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">III.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Annual contingent bonus</U> limited to six times the monthly compensation,
or 10% of the total amount distributed as dividends or interest on equity paid by the Company, whichever is less, calculated for the year.
This may be paid in installments, respecting a minimum frequency of not less than three (3) months, cumulatively relating to:</FONT></TD></TR></TABLE>

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<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">calculation of the quarterly, semi-annual or annual
income; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the distribution of mandatory dividends to shareholders,
even in the form of interest on equity, based on the income calculated on the occasion (paragraphs 1 and 2 of article 152 of Federal Law
6,404/76).</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">In case Sabesp is required to prepare
an Accounting Restatement, the amount of any Erroneously Awarded Remuneration to any Executive Officer, as part of their annual contingent
bonus for the applicable period, shall be reasonably and promptly recovered by the Company.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>


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    <TD ROWSPAN="5" STYLE="border: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 5.4pt"><IMG SRC="sbs202311296k2_001.jpg" ALT="" STYLE="height: 86px; width: 63px"></TD>
    <TD COLSPAN="4" STYLE="border-top: #999999 1pt solid; border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 11pt"><B>Organizational Instrument</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Type:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Phase:</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Institutional Policy</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Current</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Title:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Number and Version:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>PI0034-V.4</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Issuing Area:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Approved by:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">First version effective on:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">This version is effective on:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">CH</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">VIRGINIA TAVARES RIBEIRO - VIRGINIARIBEIRO</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Oct. 29, 2018</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Nov. 28, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Related Areas (Coverage):</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt; color: gray">Processos:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">Sabesp</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">The Clawback does not depend on if
or when restated financial statements are filed.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">The Erroneously Awarded Remuneration
is the variable remuneration that an Executive Officer should not have received as a result of the Company being required to prepare an
Accounting Restatement. It is calculated as the difference between (i) the Incentive-Based Remuneration actually received by the Executive
Officer and (ii) the amount that would have been received if the Incentive-Based Remuneration had been calculated based on the restated
financial statements (ignoring any taxes paid).</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">If an annual contingent bonus was
determined based on the share price or TSR, the Board of Directors will calculate the amount of Erroneously Awarded Remuneration based
on a reasonable estimate of the effect of the Accounting Restatement on the share price or TSR upon which the Incentive-Based Remuneration
was received. The Company must document the decision on that reasonable estimate and provide that documentation to the NYSE.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">The Clawback shall be approved by
the Board of Directors, which shall decide on the timing and method for reasonably prompt recovery.</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">The Board of Directors may:</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD><FONT STYLE="font-size: 11pt">seek reimbursement of all or part of any cash or equity-based awards, as applicable; </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 112.85pt; text-indent: -7.1pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD><FONT STYLE="font-size: 11pt">cancel earlier cash or shares or equity-based awards, whether vested or unvested or paid or unpaid variable
compensation, as applicable;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 112.85pt; text-indent: -7.1pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">cancel or offset against any planned future awards;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 112.85pt; text-align: justify; text-indent: -7.1pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">forfeit deferred compensation, subject to compliance
with Section 409A of the Internal Revenue Code and its regulations; and </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.25pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">e)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">use any other method authorized by applicable
law or contract.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 24.85pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 91.6pt; text-align: justify">Erroneously Awarded Remuneration
does not need to be recovered if and to the extent that the Board of Directors decides that the recovery would be impracticable and one
or more of the following limited conditions apply:</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 24.85pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The expense incurred by using a third party to
assist in enforcing the policy would exceed the amount to be recovered. Before concluding that it would be impracticable to recover any
amount based on expense of enforcement, the Board of Directors must make a reasonable attempt to recover such Erroneously Awarded Remuneration,
document such reasonable attempt to recover and provide that documentation to the NYSE;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Recovery would violate Brazilian law that
                                                                                                                              was adopted before November 28, 2022. Before concluding that it would be impracticable to recover any amount based on violation of Brazilian law, the
Board of Directors must satisfy the applicable opinion and disclosure requirements of Rule 10D-1 and the Listing Standards; or</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt 110.15pt; text-align: justify"></P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="5" STYLE="border: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 5.4pt"><IMG SRC="sbs202311296k2_001.jpg" ALT="" STYLE="height: 86px; width: 63px"></TD>
    <TD COLSPAN="4" STYLE="border-top: #999999 1pt solid; border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 11pt"><B>Organizational Instrument</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Type:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Phase:</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Institutional Policy</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Current</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Title:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Number and Version:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>PI0034-V.4</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Issuing Area:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Approved by:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">First version effective on:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">This version is effective on:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">CH</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">VIRGINIA TAVARES RIBEIRO - VIRGINIARIBEIRO</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Oct. 29, 2018</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Nov. 28, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Related Areas (Coverage):</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt; color: gray">Processos:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">Sabesp</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Recovery would likely cause an otherwise tax-qualified
retirement plan, under which benefits are broadly available to employees, to fail to meet the requirements of 26 U.S.C. 401(a)(13) or
26 U.S.C. 411(a) and regulations thereunder. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 8pt 91.45pt; text-align: justify">Notwithstanding the terms of any indemnification
or insurance policy or any contractual arrangement with any Executive Officer, the Company may not indemnify any Executive Officer against
the loss of any Erroneously Awarded Remuneration, including any payment or reimbursement for the cost of third-party insurance purchased
by any Executive Officer to fund potential Clawback under this policy.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 12pt 0 8pt 91.45pt; text-align: justify">The guidelines on the recovery of
Erroneously Awarded Remuneration is only applicable while the Company has a class of securities listed on the NYSE.</P>

<P STYLE="font: 11pt/117% Arial, Helvetica, Sans-Serif; margin: 12pt 0 10pt 91.45pt; text-align: justify">Compliance with the guidelines
on the recovery of Erroneously Awarded Remuneration is overseen by the Audit Committee and shall be reported to the Board of Directors,
who is responsible for determining the recovery.</P>

<P STYLE="font: 11pt/117% Arial, Helvetica, Sans-Serif; margin: 0 0 0 91.45pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/117% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">The calculations and the proposal
for payment of the annual contingent bonus are submitted to the Board of Directors, which resolves on the payment and, if applicable,
on a <I>pro rata temporis</I> basis to officers whose duties were performed in part of the period of the determination of the bonus.</P>

<P STYLE="font: 11pt/117% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 92.15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">It will be extended to directors transferred
from other bodies or public companies, who receive the total compensation and other benefits paid by the transferring company, with reimbursement
by Sabesp.</P>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">IV.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Annual leave</U>, with characteristics of paid leave, for a period of
thirty (30) calendar days, and an additional payment corresponding to one third (1/3) of monthly compensation, divided in up to three
(3) periods throughout the year, as long as one of these periods is not shorter than fourteen (14) calendar days, and the other periods
are not shorter than five (5) calendar days, enjoyed within the year, not entitled to accumulation or payment in cash.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/117% Arial, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">V.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Collection of FGTS (Government Severance Indemnity Fund for employees)</U>
according to article 15, main section, and article 16, Federal Law 8,036/90.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin: 12pt 0 10pt 92.15pt; text-align: justify">Officers leaving their positions
for any reason are not entitled to receive the 40% FGTS severance fine, not having the right to the paid or worked prior notice period.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">VI.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Benefits approved by the General Shareholders&#8217; Meeting</U>:</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 95.4pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Meal vouchers: granting of twenty-four (24) meal
vouchers per month, with the amount being made available through electronic cards.</FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="5" STYLE="border: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 5.4pt"><IMG SRC="sbs202311296k2_001.jpg" ALT="" STYLE="height: 86px; width: 63px"></TD>
    <TD COLSPAN="4" STYLE="border-top: #999999 1pt solid; border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 11pt"><B>Organizational Instrument</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Type:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Phase:</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Institutional Policy</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Current</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Title:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Number and Version:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>PI0034-V.4</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Issuing Area:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Approved by:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">First version effective on:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">This version is effective on:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">CH</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">VIRGINIA TAVARES RIBEIRO - VIRGINIARIBEIRO</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Oct. 29, 2018</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Nov. 28, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Related Areas (Coverage):</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt; color: gray">Processos:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">Sabesp</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 95.4pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Staples Basket: granting of monthly food vouchers,
with the amount being made available through electronic cards;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 95.4pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Health Plan: a percentage is deducted from the
monthly compensation.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 95.4pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Private Pension: defined contribution pension
plan.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">VII.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Officers may enjoy unpaid leave, as long as it does not surpass three (3)
months, approved pursuant to the Bylaws. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/116% Arial, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-size: 11pt">VIII.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Employees elected as officers and working for the Company for three (3)
full years as of the election date may choose to receive their compensation as an employee and must express this option on the date of
taking office. In this case, he/she will be entitled to receive the annual contingent bonus established in item 3.1.1, III, limited to
the amount ascertained in the twelve-month (12) period and as required to equal the global compensation of the officer-employee to the
compensation received by other statutory officers not subject to the labor laws (monthly compensation, annual leave with payment of an
additional one-third (1/3) of monthly compensation, <I>pro rata temporis</I> annual reward paid in December and annual contingent bonus).</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin: 12pt 0 8pt 0.85in; text-align: justify; text-indent: -0.35in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3.1.2.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Board of Directors</U></FONT></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Monthly compensation</U>. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Directors absent in two (2) consecutive meetings
are not entitled to receive compensation regarding the month when the second absence is recorded.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/117% Arial, Helvetica, Sans-Serif; margin: 0 0 0 113.4pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 92.15pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The minimum availability required from the chairperson
shall correspond to thirty (30) hours per month. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 106.9pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">II.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Annual reward</U> in the same amount of the
monthly compensation, calculated on a pro rata temporis basis, paid in December of each year, as long as approved by the General Shareholders&#8217;
Meeting for the period. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">III.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The paid participation of direct or indirect members
of the public administration in more than two (2) bodies, Boards of Directors or Fiscal Councils, of state-owned companies, or state-controlled
companies or their subsidiaries, is prohibited pursuant to article 1 of State Decree 58,265/2012 and article 20 of Federal Law 13,303/2016,
and each director must declare the acceptance of this limitation, and the payment of the relevant monthly compensation is conditioned
on the presentation of this declaration.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/117% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">IV.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reimbursement of the commuting and accommodation
expenses required to perform the function of member of the Board of Directors, similarly to that of the Fiscal Council, which is provided
for in paragraph 3, article 162 of Federal Law 6,404/76.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt 61.25pt; text-align: justify; text-indent: -25.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3.1.3.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Audit Committee</U></FONT></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Monthly compensation</U>. </FONT></TD></TR></TABLE>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="5" STYLE="border: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 5.4pt"><IMG SRC="sbs202311296k2_001.jpg" ALT="" STYLE="height: 86px; width: 63px"></TD>
    <TD COLSPAN="4" STYLE="border-top: #999999 1pt solid; border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 11pt"><B>Organizational Instrument</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Type:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Phase:</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Institutional Policy</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>Current</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Title:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Number and Version:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</B></FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt"><B>PI0034-V.4</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Issuing Area:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Approved by:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">First version effective on:</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">This version is effective on:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">CH</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">VIRGINIA TAVARES RIBEIRO - VIRGINIARIBEIRO</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Oct. 29, 2018</FONT></TD>
    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="font-size: 7pt">Nov. 28, 2023</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Related Areas (Coverage):</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; padding-top: 1pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt; color: gray">Processos:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">Sabesp</FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">II.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Annual reward</U> in the same amount of the
monthly compensation, calculated on a <I>pro rata temporis</I> basis and paid in December of each year, as long as approved by the General
Shareholders&#8217; Meeting for the period.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">III.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The minimum required availability shall correspond
to thirty (30) hours per month. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">IV.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reimbursement of the commuting and accommodation
expenses required to perform the function, similar to that of the Fiscal Council, which is provided for in paragraph 3, of article 162
of Federal Law 6,404/76.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 25.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3.1.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B><U>Fiscal Council</U></B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Monthly compensation</U>. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">II.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Annual reward</U> in the same amount of the
monthly compensation, calculated on a <I>pro rata temporis</I> basis and paid in December of each year, as long as approved by the General
Shareholders&#8217; Meeting for the period. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 70.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">III.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reimbursement of the commuting and accommodation
expenses required to perform the function of a member of the Fiscal Council, as provided for in paragraph 3 of article 162 of Federal
Law 6,404/76. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin: 12pt 0 0 61.25pt; text-align: justify; text-indent: -25.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3.1.5.</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>Eligibility and Advisory Committee</U></FONT></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/116% Calibri, Helvetica, Sans-Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 77.95pt"></TD><TD STYLE="width: 8.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Members of the Eligibility and Advisory Committee
do not receive any compensation or other advantages, as provided for in article 11 of Codec Resolution 01/2023.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.3in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">This Policy is approved by the Board of Directors.</FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 11pt">4.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 11pt">Supplementary items</FONT></TD></TR></TABLE>

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    <TD STYLE="border-right: #999999 1pt solid; border-bottom: #999999 1pt solid; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">---</FONT></TD></TR>
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    <TD COLSPAN="3" STYLE="border-right: #999999 1pt solid; border-left: #999999 1pt solid; padding-top: 0.3pt; padding-bottom: 0.3pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 4pt">Files Attached (Supplementary to the Organizational Instrument)</FONT></TD></TR>
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    <TD ROWSPAN="4" STYLE="width: 10%; border: Black 1pt solid; padding-top: 3pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><IMG SRC="sbs202311296k2_002.jpg" ALT="Logo preto" STYLE="height: 95px; width: 75px"></TD>
    <TD STYLE="width: 78%; border-top: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 5pt">Appendix:</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P></TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 5pt">Number</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><SUP>Definitions</SUP></B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 12pt"><B><SUP>01</SUP></B></FONT></TD></TR>
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    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 5pt">Linked to:</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
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    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><SUP>PI0034 - V.4 &ndash; COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</SUP></B></FONT></TD></TR>
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    <TD STYLE="width: 25%; border-bottom: Black 1pt dashed; border-right: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Clawback</FONT></TD>
    <TD STYLE="width: 75%; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Recovery of variable remuneration which has been erroneously awarded to current or former Executive Officers.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Accounting Restatement Date</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The earlier of (a) the date the Company's board of directors (&quot;Board of Directors&quot;) concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement or (b) the date a court, regulator or other authorized body directs the Company to prepare an Accounting Restatement.&nbsp;&nbsp;It does not matter if or when the restated financial statements are filed.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Codec Resolution 01/2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Resolution 01/2023 issued by the State Capital Defense Council (&#8220;CODEC&#8221;), of February 1, 2023, which provides for general rules for setting remuneration, bonuses, benefits and advantages, to be observed by companies in which the State is a controlling shareholder, directly or indirectly.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Executive Officers</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Statutory executive officers, referring to those who hold or have held office, in accordance with the definition of executive officer in Rule 10D-1 and the NYSE Listed Company Manual (&quot;Listing Rules&quot;).</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Internal Revenue Code</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">United States income tax law of 1986, as amended.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Federal Law No 6,404/1976</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Law No. 6,404, of December 15, 1976, as amended, which provides for joint-stock companies (Brazilian Corporate Law).</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Federal Law No 13,303/2016</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Law No. 13,303, of June 30, 2016, which provides for the legal regulations of government-owned and government-controlled companies and their subsidiaries, at the federal, state and municipal level.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">NYSE Listed Company Manual</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The New York Stock Exchange Listed Company Manual, a basic manual setting out the policies, practices and procedures for companies listed on the exchange.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Financial Reporting Measure</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Any measure that is determined and presented in accordance with the accounting principles used for preparing financial statements, and any measure that is derived wholly or in part from such measure.&nbsp;&nbsp;This includes share price and total shareholder return (&#8220;TSR&#8221;).&nbsp;&nbsp;They do not need to be reported in financial statements or contained in a filing with the U.S. Securities Exchange Commission to be caught.</FONT></TD></TR>
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    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The New York Stock Exchange.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Applicable Period</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The three completed financial years immediately before the Accounting Restatement Date (except that a transition period that comprises a period of at least nine months counts as a completed financial year).</FONT></TD></TR>
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                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P></TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 5pt">Number</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 12pt"><B><SUP>01</SUP></B></FONT></TD></TR>
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    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 5pt">Linked to:</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
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    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><SUP>PI0034 - V.4 &ndash; COMPENSATION OF DIRECTORS, OFFICERS, MEMBERS OF THE FISCAL COUNCIL AND STATUTORY COMMITTEES</SUP></B></FONT></TD></TR>
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<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <TD STYLE="width: 25%; border-bottom: Black 1pt dashed; font: 9pt Verdana, Helvetica, Sans-Serif; border-right: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Rule 10D-1</FONT></TD>
    <TD STYLE="width: 75%; border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Exchange Act Rule 10D-1, issued by the U.S. Securities and Exchange Commission, which directs national securities exchanges to establish listing standards that require issuers of securities to develop and implement policies providing for recovery of Incentive-Based Compensation paid to Executive Officers based on financial information erroneously reported, and that later requires an Accounting Restatement.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; font: 9pt Verdana, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Listing Rules</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">NYSE Listed Company Manual</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; font: 9pt Verdana, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Incentive-Based Compensation</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify">Any variable remuneration that is earned based
    wholly or in part on achieving a Financial Reporting Measure.</P>
    <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify">When evaluating whether the policy applies to variable
    remuneration, the variable remuneration is treated as &#8220;received&#8221; in a financial year during which a Financial Reporting Measure
    relating to that variable remuneration is achieved, even if the remuneration is granted, paid or vests in a later period.</P>
    <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 6pt 0; text-align: justify">The policy only applies to Incentive-Based Compensation
    that is received on or after October 2, 2023.</P></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; font: 9pt Verdana, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Accounting Restatement</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">A restatement of financial statements which is due to a material noncompliance with any financial reporting requirement under the securities laws.&nbsp;&nbsp;This includes any restatement to correct an error in previously issued financial statements that is material, or that would result in a material misstatement if the error were corrected or left uncorrected in the current period.</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; font: 9pt Verdana, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Securities Exchange Act of 1934</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; font: 12pt Times New Roman, Times, Serif; padding: 6pt 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Securities Exchange Act of 1934, as amended. A U.S. law on the regulation of securities exchanges, enacted in 1934.</FONT></TD></TR>
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<P></P>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U></U></B></FONT>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>SIGNATURE&nbsp;</U></B></FONT><FONT size=1>&nbsp;</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city S&#227;o Paulo, Brazil. <BR></FONT></DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;November 29, 2023</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center>

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   <TD vAlign=top width="50%" colSpan=3>

   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV></TD></TR>

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   <TD height=16></TD>

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   <TD vAlign=top align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></TD>

   <TD vAlign=bottom align=left>/s/&nbsp;&nbsp;<FONT style="FONT-FAMILY: times new roman" size=3>Catia Cristina Teixeira Pereira</FONT>&nbsp;&nbsp;&nbsp;&nbsp;

   <HR align=left color=#000000 SIZE=1 noShade>

</TD>

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   <TD><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=bottom width="53%" align=center>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Name: Catia Cristina Teixeira Pereira </FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Title: Chief Financial Officer and Investor Relations Officer </FONT></DIV></TD>

   <TD></TD></TR></TABLE></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<P>&nbsp;</P>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="'Times New Roman, Times, Serif'">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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