<SEC-DOCUMENT>0001292814-25-002159.txt : 20250520
<SEC-HEADER>0001292814-25-002159.hdr.sgml : 20250520
<ACCEPTANCE-DATETIME>20250520060346
ACCESSION NUMBER:		0001292814-25-002159
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250630
FILED AS OF DATE:		20250520
DATE AS OF CHANGE:		20250520

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]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				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:		25966072

	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>sbs20250519_6k.htm
<DESCRIPTION>6-K
<TEXT>
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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;May, 2025</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </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>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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<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.9pt">&nbsp;<IMG SRC="sbs202505196k_001.jpg" ALT=""></P>

<P STYLE="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.9pt"></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 0.1pt 7.8pt 0.5pt; color: Black; text-align: center; text-indent: -0.5pt"><font style="font-size: 10.5pt; color: rgb(0,204,255)"><b>COMPANHIA DE SANEAMENTO B&#193;SICO DO ESTADO DE S&#195;O PAULO &#8211; SABESP</b></font></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0.25pt; margin-left: 2.2pt">&nbsp;</p>

<p style="font: bold 10.5pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 0.15pt 0.1pt 0.5pt; color: rgb(0,204,255); text-align: center; text-indent: -0.5pt">PUBLICLY HELD COMPANY</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 0.1pt 0.2pt 0.5pt; color: Black; text-align: center; text-indent: -0.5pt"><font style="font-size: 10.5pt; color: rgb(0,204,255)">CNPJ 43.776.517/0001-80 </font></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 0.1pt 0.2pt 0.5pt; color: Black; text-align: center; text-indent: -0.5pt"><font style="font-size: 10.5pt; color: rgb(0,204,255)">NIRE n&#186; 35.3000.1683-1 </font></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0.25pt; margin-left: 2.2pt">&nbsp;</p>

<p style="font: bold 10.5pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 0.15pt 2.15pt 0.5pt; color: rgb(0,204,255); text-align: center; text-indent: -0.5pt">MATERIAL FACT</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.1pt; margin-left: 1.95pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><font style="font-size: 10.5pt"><b>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo &#8211; Sabesp</b> (&#8220;<font style="text-decoration: underline solid Black">Company</font>&#8221;
or &#8220;<font style="text-decoration: underline solid Black">Sabesp</font>&#8221;), in compliance with Article 157, &#167;4&#186;,
of Law 6.404/76, and with Resolution of the Brazilian Securities Commission ("<font style="text-decoration: underline solid">CVM</font>")
44, dated August 23, 2021, informs its shareholders and the market in general </font>as follows.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">With respect to the buyback plan for the acquisition of up to six million, nine hundred and four thousand, one hundred and seventy (6,904,170)
common shares issued by the Company (&#8220;<font style="text-decoration: underline solid">Buyback Plan</font>&#8221;), representing,
on a fully diluted basis, approximately one percent (1%) of the total outstanding shares and of the free float, approved by the Board
of Directors at a meeting held on May 12, 2025, as disclosed in the Material Fact released on May 12 and May 14, 2025, the Company hereby
informs that:</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in">&nbsp;</td><td style="width: 0.25in">(i)</td><td style="text-align: justify">transactions under the Buyback Plan will be intermediated by Morgan Stanley Corretora de T&#237;tulos e Valores Mobili&#225;rios
S.A., enrolled with the Brazilian Taxpayers&#8217; Registry (CNPJ) under No. 04.323.351/0001-94, with registered offices in the city
of S&#227;o Paulo, State of S&#227;o Paulo, at Avenida Brigadeiro Faria Lima, No. 3.600, 6th floor, Itaim Bibi, ZIP Code 04538-132;</td></tr></table>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 28.35pt; text-indent: -28.35pt">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in">&nbsp;</td><td style="width: 0.25in">(ii)</td><td style="text-align: justify">the Buyback Plan will commence on May 21, 2025, and will remain in effect until November 12, 2026; and</td></tr></table>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; margin-top: 0pt; margin-bottom: 0pt; margin-left: 36pt">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in">&nbsp;</td><td style="width: 0.25in">(iii)</td><td style="text-align: justify">the consolidated information regarding the Buyback Plan required under Annex G of CVM Resolution No. 80, dated March
29, 2022, is attached hereto as <b>Annex I </b>to this Material Fact.</td></tr></table>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 35.25pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The Company will keep its shareholders and the market informed of any developments regarding the subject matter of this Material Fact.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; margin-top: 0pt; margin-bottom: 1.1pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.1pt">S&#227;o Paulo, May 19, 2025</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.1pt; margin-left: 2.2pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.05pt; margin-left: 2.2pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 1.1pt; margin-right: 0.1pt"><font style="font-size: 10.5pt"><b>DANIEL SZLAK </b></font></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin: 0pt 1.7pt 1.1pt 0.5pt; color: Black; text-align: center; text-indent: -0.5pt"><font style="font-size: 10.5pt">Chief Financial and Investor Relations Officer </font></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; margin-top: 0pt; margin-bottom: 8pt"></P>

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<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><b>Annex I</b></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><b>to the Material Fact disclosed on May 19, 2025</b></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><b>Annex G to CVM Resolution No. 80, dated March 29, 2022</b></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><b>Negotiation of Treasury Shares</b></p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>1.
Detailed justification of the purpose and expected economic effects of the transaction.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The Company intends to implement the Buyback Plan primarily to fulfill obligations under two long-term incentive plans &#8211; the Company&#8217;s
Restricted Stock Plan and the Company&#8217;s Performance Share Plan &#8211; approved at the Company&#8217;s Extraordinary Shareholders&#8217;
Meeting held on April 29, 2025 ("LTIPs"). The Company may also hold the repurchased shares in treasury for future cancellation or sale.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Given the strategic decision not to issue new shares to meet obligations under the LTIPs, the buyback of outstanding shares is considered
the most efficient mechanism to ensure delivery while preserving the capital structure and mitigating the financial exposure to share
price volatility.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The transaction is structured accordingly and will be carried out based on available cash, without affecting regular operations. The
expected economic effects include:</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in">&nbsp;</td><td style="width: 0.25in">(a)</td><td style="text-align: justify">For shareholders:</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td>
<td style="width: 28.35pt">&bull;</td><td style="text-align: justify">mitigation of equity dilution risk, as the LTIPs will be settled with treasury shares rather than newly issued ones;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td><td style="width: 28.35pt">&bull;</td><td style="text-align: justify">preservation of the Company&#8217;s capital structure, enhancing predictability and transparency in the strategic compensation
policy; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td><td style="width: 28.35pt">&bull;</td><td style="text-align: justify">potential indirect appreciation of share value, insofar as the repurchase may signal financial soundness and commitment
to sound governance practices.</td></tr></table>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 28.35pt">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0.25in">&nbsp;</td><td style="width: 0.25in">(b)</td><td style="text-align: justify">For the Company:</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td><td style="width: 28.35pt">&bull;</td><td style="text-align: justify">minimization of financial impact from market fluctuations, by acquiring shares in advance for LTIP settlement;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td><td style="width: 28.35pt">&bull;</td><td style="text-align: justify">adoption of a conservative capital management strategy, avoiding new share issuances and consequent changes in the
shareholding structure; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 28.35pt">&nbsp;</td><td style="width: 28.35pt">&bull;</td><td style="text-align: justify">effective financial and budget planning tool, enabling prior cost control associated with the LTIPs, in line with capital
discipline and alignment with shareholder interests.</td></tr></table>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>2.
Number of (i) outstanding shares and (ii) shares currently held in treasury.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">As of the date hereof, the Company&#8217;s capital stock is composed of six hundred eighty-three million, five hundred nine thousand,
eight hundred sixty-eight (683,509,868) registered, book-entry common shares with no par value, and one special-class preferred share
held by the State of S&#227;o Paulo (golden share). Of the total, six hundred eighty-three million, four hundred ninety-seven thousand
and six (683,497,006) shares are outstanding, representing 99.998% of the total issued shares. There are no shares held in treasury.</P>

<P STYLE="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"></P>

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<P STYLE="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"><B>&nbsp;</B></p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>3.
Number of shares that may be acquired or sold.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Under the Buyback Plan, the Company may acquire up to six million, nine hundred four thousand, one hundred seventy (6,904,170) common
shares issued by the Company, representing approximately one per cent (1%), on a fully diluted basis, of the Company&#8217;s total outstanding
shares and of the free float.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>4.
Description of derivative instruments to be used, if any.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. The Company will not use derivative instruments under the Buyback Plan.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>5.
Description of any agreements or voting guidelines with counterparties, if any.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. Transactions will be carried out exclusively on B3 S.A. &#8211; Brasil, Bolsa, Balc&#227;o ("B3"), and the Company does
not know who the counterparties will be.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>6.
For off-exchange market transactions, inform: (a) maximum (minimum) acquisition (sale) price; and (b) if applicable, justification for
prices more than 10% above in case of share acquisition or below the 10 in case of share sale, in relation to the day volume-weighted
average price.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. All transactions will be carried out exclusively through B3.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>7.
If applicable, the expected impact on the Company&#8217;s control structure or management structure.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. No impact on the Company&#8217;s control structure or management structure is expected from the Buyback Plan.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>8.
Identification of counterparties, if known, and, if related parties, as defined on the respective accounting rules, information required
under Article 9 of CVM Resolution No. 81.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. Transactions will be conducted on B3 and the Company does not know the counterparties.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>9.
Destination of funds obtained, if applicable.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Not applicable. The Buyback Plan is not intended to raise funds. Acquired shares will be used for LTIP settlement and/or held in treasury
for potential cancellation or future sale, with no reduction to the Company&#8217;s capital stock.</P>

<P STYLE="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt"></P>

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<P STYLE="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>10.
Maximum term for settlement of authorized transactions.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The maximum term for settlement is eighteen (18) months from May 21, 2025, ending on November 12, 2026. The Company&#8217;s Executive
Board will determine, within the authorized limits, the appropriate timing and quantity of share acquisitions.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>11.
Identification of intermediary institutions, if any.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The transactions under the Buyback Plan will be intermediated by Morgan Stanley Corretora de T&#237;tulos e Valores Mobili&#225;rios
S.A., enrolled with the Brazilian Taxpayers&#8217; Registry (CNPJ) under No. 04.323.351/0001-94, with registered offices in the city
of S&#227;o Paulo, State of S&#227;o Paulo, at Avenida Brigadeiro Faria Lima, No. 3.600, 6th floor, Itaim Bibi, ZIP Code 04538-132.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>12.
Specification of available funds to be used, pursuant to Article 8, paragraph 1, of CVM Resolution No. 77.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The Buyback Plan will be funded with available resources of the Company, as defined in Article 8, paragraph 1 of CVM Resolution No. 77,
including capital and profit reserves, except those legally restricted (legal reserve, unrealized profit reserve, special reserve for
undistributed mandatory dividends, and tax incentive reserves), as well as realized profits from the current fiscal year, after legal
allocations, with no reduction of capital stock.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The Company&#8217;s Executive Board will verify the availability of such resources based on the annual, interim, or quarterly financial
statements (ITR) disclosed prior to the transfer of ownership of the acquired shares to the Company.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0%; text-align: justify"><B>13.
Reasons why the Board of Directors is comfortable that the repurchase will not affect compliance with obligations to creditors or
mandatory dividends.</B></P>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">The Board of Directors considered the Company&#8217;s current cash position, availability of unencumbered liquid resources, and short-
and medium-term financial obligations when approving the Buyback Plan.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">As of March 31, 2025, the Company&#8217;s cash and cash equivalents amounted to approximately ten times the total amount estimated for
the approved repurchase.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">Accordingly, the potential use of funds to repurchase, on a fully diluted basis, approximately one per cent (1%) of the Company&#8217;s
total outstanding shares and of the free float, will not impair the Company&#8217;s ability to meet its financial obligations or to pay
mandatory dividends under its bylaws and applicable law.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">This conclusion is supported by the Company&#8217;s track record of cash generation, current liquidity level, and capital structure,
which will remain solid even upon full execution of the Buyback Plan.</p>

<p style="font: 11pt/12.95pt Calibri, Helvetica, Sans-Serif; color: Black; text-align: center; margin-top: 0pt; margin-bottom: 0pt; text-indent: -0.5pt">&nbsp;</p>



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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;May 19, 2025</FONT></DIV>

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

<DIV align=center>

<TABLE style="WIDTH: 70%" cellSpacing=0 cellPadding=0>



<TR>

   <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>

<TR>

   <TD height=16></TD>

   <TD height=16></TD>

   <TD height=16></TD></TR>

<TR>

   <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>Daniel Szlak</FONT>&nbsp;&nbsp;&nbsp;&nbsp;

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

</TD>

   <TD></TD></TR>

<TR>

   <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: Daniel Szlak </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>

<HR align=left color=#000000 SIZE=2 noShade>

</DIV>

<P></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
