<SEC-DOCUMENT>0001554855-25-000466.txt : 20250512
<SEC-HEADER>0001554855-25-000466.hdr.sgml : 20250512
<ACCEPTANCE-DATETIME>20250509190449
ACCESSION NUMBER:		0001554855-25-000466
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250509
FILED AS OF DATE:		20250512
DATE AS OF CHANGE:		20250509

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ULTRAPAR HOLDINGS INC
		CENTRAL INDEX KEY:			0001094972
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14950
		FILM NUMBER:		25932146

	BUSINESS ADDRESS:	
		STREET 1:		AV BRIGADERIO LUIZ ANTONIO 1343
		STREET 2:		9 ANDAR SAO PAULO
		CITY:			SP BRAZIL 01350-900
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>MainDocument.htm
<DESCRIPTION>6-K
<TEXT>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">UNITED STATES</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">Washington, D.C. 20549</font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 15pt; font-weight: bold;">Form 6-K</font></p>








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<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">Report </font><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">o</font><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">f Foreign Private Issuer</font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">Pursuant </font><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">t</font><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">o Rule 13a-16 Or 15d-16 Of</font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 12.5pt; font-weight: bold;">The Securities Exchange Act Of 1934</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">For the month of May</font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;20</font><font style="font-family: 02lfl; font-size: 9pt;">25</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">Commission File Number: </font><font style="font-family: 02lfl; font-size: 9pt;">001-14950</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 14.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 26nbvtokfgfhjcu,Bold; font-size: 14.5pt; font-weight: bold;">ULTRAPAR HOLDINGS INC.</font></p>
<p style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">(Translation of Registrant&#8217;s Name into English)</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">Brigadeiro Luis </font><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">Antonio</font><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;"> Avenue</font><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">, 1343, 9</font><font style="font-family: 33dgm,Bold; font-size: 6pt; font-weight: bold; vertical-align: super;">th</font> <font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">Floor</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 33dgm,Bold; font-size: 9pt; font-weight: bold;">S&#227;o Paulo, SP, Brazil 01317-910</font></p>
<p style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1pt; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">(Address of Principal Executive Offices)</font></p>
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<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">Form 20-F </font><font style="font-family: 02lfl; font-size: 9pt;">____</font><font style="font-family: 02lfl; font-size: 9pt; text-decoration: underline;">X</font><font style="font-family: 02lfl; font-size: 9pt;">____</font> <font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">Form 40-F</font><font style="font-family: 02lfl; font-size: 9pt;"> ________</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">Yes </font><font style="font-family: 02lfl; font-size: 9pt;">________ </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">No </font><font style="font-family: 02lfl; font-size: 9pt;">____</font><font style="font-family: 02lfl; font-size: 9pt; text-decoration: underline;">X</font><font style="font-family: 02lfl; font-size: 9pt; text-decoration: underline;">____</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 8pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center;"><font style="font-family: 02lfl; font-size: 9pt;">Yes </font><font style="font-family: 02lfl; font-size: 9pt;">________ </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 02lfl; font-size: 9pt;">No </font><font style="font-family: 02lfl; font-size: 9pt;">____</font><font style="font-family: 02lfl; font-size: 9pt; text-decoration: underline;">X</font><font style="font-family: 02lfl; font-size: 9pt; text-decoration: underline;">____</font></p>
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<p style="font-size: 13pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">ULTRAPAR HOLDINGS INC.</font></p>
<p style="font-size: 13pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">TABLE OF CONTENTS</font></p>
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<p style="font-size: 11pt; line-height: 115%; margin: 0pt 0pt 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;">ITEM</font><br></p>
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<td style="padding: 0px 0px 0px 20px; width: 3%; text-align: right; vertical-align: top;" valign="top">1.</td>
<td style="padding: 0px 0px 0px 20px; width: 97%; vertical-align: top;" valign="top"><a href="#Ba1_1211202421751214">Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A., held on May 9, 2025</a></td>







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<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">(</font><a class="customBookmark" style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Ba1_1211202421751214"><font style="letter-spacing: 0.8pt; line-height: inherit;">Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A.,</font></a></font></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><a class="customBookmark" style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba1_1211202421751214"> <font style="letter-spacing: 0.8pt; line-height: inherit;">held on </font><font style="letter-spacing: 0.8pt; line-height: inherit;">May</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> 9</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, 202</font><font style="letter-spacing: 0.8pt; line-height: inherit;">5</font></a><font style="letter-spacing: 0.8pt; line-height: inherit;">)</font></font></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: center; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<h2 style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Publicly</font> <font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Traded</font> <font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Company</font></font></h2>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
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<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">CNPJ </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Nr</font><font style="letter-spacing: 0.8pt; line-height: inherit;">.</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> 33.256.439/0001-39</font></font></p>








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<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">NIRE 35.300.109.724</font></p>








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<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Date, Hour and Place</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">May </font><font style="letter-spacing: 0.8pt; line-height: inherit;">9</font><font style="letter-spacing: 0.8pt; line-height: inherit;">,</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> 202</font><font style="letter-spacing: 0.8pt; line-height: inherit;">5</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, </font><font style="letter-spacing: 0.8pt; line-height: inherit;">at </font><font style="letter-spacing: 0.8pt; line-height: inherit;">8:00</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">a</font><font style="letter-spacing: 0.8pt; line-height: inherit;">.m., at </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font><font style="letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">(&#8220;Company&#8221;) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">headquarters, located at Brigadeiro Lu&#237;s Ant&#244;nio Avenue, Nr. 1.343, 9th floor, in the City and State of S&#227;o Paulo, also contemplating participation through Microsoft Teams</font><font style="letter-spacing: 0.8pt; line-height: inherit;">.</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Members in attendance</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">(</font><font style="letter-spacing: 0.8pt; line-height: inherit;">i</font><font style="letter-spacing: 0.8pt; line-height: inherit;">) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Members of the Board of Directors undersigned</font><font style="letter-spacing: 0.8pt; line-height: inherit;">; </font><font style="letter-spacing: 0.8pt; line-height: inherit;">and </font><font style="letter-spacing: 0.8pt; line-height: inherit;">(ii) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Secretary of the Board of Directors, M</font><font style="letter-spacing: 0.8pt; line-height: inherit;">s. Denize Sampaio Bicudo</font><font style="letter-spacing: 0.8pt; line-height: inherit;">.</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Meeting table</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">Marcos Marinho Lutz</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> &#8211; Chairman.</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">Denize Sampaio Bicudo</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">&#8211; </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Secretary of the Board of Directors</font><font style="letter-spacing: 0.8pt; line-height: inherit;">.</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Matters discussed and resolutions</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font></font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<ol style="margin: 0pt; padding-left: 0pt; list-style-type: numeric;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 13.31pt; padding-left: 22.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="letter-spacing: 0.8pt; line-height: inherit;">The Directors approved, pursuant article 2</font><font style="letter-spacing: 0.8pt; line-height: inherit;">7</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, item &#8220;p&#8221; of the Company&#8217;s Bylaws, the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">4</font><font style="letter-spacing: 0.8pt; line-height: inherit;">th</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> (</font><font style="letter-spacing: 0.8pt; line-height: inherit;">fouth</font><font style="letter-spacing: 0.8pt; line-height: inherit;">) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">issuance of debentures, non-convertible into shares, unsecured, with additional </font><font style="letter-spacing: 0.8pt; line-height: inherit;">s</font><font style="letter-spacing: 0.8pt; line-height: inherit;">urety </font><font style="letter-spacing: 0.8pt; line-height: inherit;">g</font><font style="letter-spacing: 0.8pt; line-height: inherit;">uarantee</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, in </font><font style="letter-spacing: 0.8pt; line-height: inherit;">up to two</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> series </font><font style="letter-spacing: 0.8pt; line-height: inherit;">by Hidrovias do </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Brasil</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> S.A. (&#8220;Issuer&#8221;), in the amount of up to </font><font style="letter-spacing: 0.8pt; line-height: inherit;">2,200,000,000.00 (two billion and two hundred million reais) (&#8220;Issue&#8221;)</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">for </font><font style="letter-spacing: 0.8pt; line-height: inherit;">public</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> placement</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, u</font><font style="letter-spacing: 0.8pt; line-height: inherit;">nder the automatic distribution registration procedure</font><font style="letter-spacing: 0.8pt; line-height: inherit;">, </font><font style="letter-spacing: 0.8pt; line-height: inherit;">under the terms of the Resolution of the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Brazilian </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Securities and Exchange Commission </font><font style="letter-spacing: 0.8pt; line-height: inherit;">(&#8220;CVM&#8221;) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">No. 160, of July 13, </font><font style="letter-spacing: 0.8pt; line-height: inherit;">2022, as amended (&#8220;Offer&#8221;), and other applicable legal and regulatory provisions, through the execution of the &#8220;Private Instrument of Deed of the 4th (Fourth) Issue of Simple Debentures, Non-Convertible into Shares, of the Unsecured Type, with Surety Guarantee, in Up to Two Series, for Public Distribution, in Automatic Distribution Registration Procedure,</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of Hidrovias do </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Brasil</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> S.A.</font><font style="letter-spacing: 0.8pt; line-height: inherit;">&#8221; between the Issuer, the Company and </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Oliveira Trust Securities Distributor S.A., acting as trustee</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> (&#8220;Trustee&#8221; and &#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Indenture</font><font style="letter-spacing: 0.8pt; line-height: inherit;">&#8221;, respectively), </font><font style="letter-spacing: 0.8pt; line-height: inherit;">with the following characteristics and main conditions, that will be detailed and regulated in the Indenture (as defined below):</font></font></li>








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<p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.4pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(a)</font><font style="font-weight: bold; letter-spacing: 0.8pt; margin-left: 22pt; line-height: inherit;">Total Amount of the Issuance</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">:</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">The total </font><font style="letter-spacing: 0.8pt; line-height: inherit;">amount</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of the Issue is up to R$2,200,000,000.00 (two billion and two hundred million reais) on the Issue Date (as defined in the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Indenture</font><font style="letter-spacing: 0.8pt; line-height: inherit;">);</font></font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(b)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Quantity</font> <font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">of</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;"> Deb</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">e</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">ntures</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">Up to 2,200,000 (two million and two hundred thousand) Debentures will be issued, in up to 2 (two) Series, and the number of Debentures to be issued in each Series will be defined in the Communicating Vessels System (as defined below), after the conclusion of the Bookbuilding Procedure (as defined in the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Indenture</font><font style="letter-spacing: 0.8pt; line-height: inherit;">), observing the Maximum Volume of the First Series (as defined below);</font></font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(c)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 23pt;">U</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">nit par value</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">The unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> value of the Debentures, on the Issue Date, will be R$1,000.00 (one thousand reais), on the Issue Date (&#8220;Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value&#8221;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">)</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font></font></p>

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<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
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<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(d)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Number of Series</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">The Issuance will be carried out in up to two series (&#8220;First Series&#8221; and &#8220;Second Series&#8221;, respectively, and when referred to together, the &#8220;Series&#8221; or, individually and indistinctly, &#8220;Serie&#8221;), in accordance with the demand verified in </font><font style="letter-spacing: 0.8pt; line-height: inherit;">the Bookbuilding Procedure. The allocation of Debentures between the First Series and the Second Series will be carried out in communicating vessels</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">system (&#8220;Communicating Vessels System&#8221;), taking into account (</font><font style="letter-spacing: 0.8pt; line-height: inherit;">i</font><font style="letter-spacing: 0.8pt; line-height: inherit;">) that the Debentures of the First Series may not be issued; (ii) that the sum of the Debentures allocated in the set of Debentures of the First Series and the Debentures of the Second Series effectively issued must correspond to a maximum of 2,200,000 (two million and two hundred thousand) Debentures, equivalent to a maximum of R$2,200,000,000.00 (two billion and two hundred million reais); and (iii) the maximum volume of 400,000 (four hundred thousand) Debentures of the First Series, equivalent to R$400,000,000.00 (four hundred million reais) (&#8220;Maximum Volume of the First Series&#8221;). In accordance with the Communicating Vessels System, the number of Debentures issued in the First Series may not be greater than the Maximum Volume of the First Series, and the number of Debentures that exceeds the Maximum Volume of the First Series will be allocated to the Second </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Series</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font> </font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(e)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Monetary Update of Debentures</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">The Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value or balance of the Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value will not be monetarily </font><font style="letter-spacing: 0.8pt; line-height: inherit;">updated</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font> </font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(f)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Amortization </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">of the Unit Par Value</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Except in the event of any early maturity of the Debentures of the respective series, early redemption of the Debentures of the respective series as a result of the performance of an Optional Early Redemption (as defined in the Indenture), an Early Redemption Offer (as defined in the Indenture) or early redemption under the terms set forth in the Indenture, </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">i</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">)</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> the Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Value of the Debentures of the First Series will be amortized in a single installment, namely, the Maturity Date of the Debentures of the First Series (as defined below); and </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(ii)</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> the Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Per </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Value of the Debentures of the Second Series will be amortized in a single </font><font style="letter-spacing: 0.8pt; line-height: inherit;">installment, namely, the Maturity Date of the Debentures of the Second Series (as defined below);</font></font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(g)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Term and</font> <font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Maturity Date</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">Except in the event of early maturity of the Debentures, early redemption of the Debentures as a result of the Optional Early Redemption, the Early Redemption Offer or early redemption under the terms set forth in the Indenture, </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">i</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">)</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> the maturity term of the First Series Debentures shall be 3 (three) years from the Date of Issue (&#8220;Maturity Date of the First Series Debentures&#8221;); and </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(ii)</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> the maturity term of the Second Series Debentures shall be 6 (six) years from the Date of Issue (&#8220;Maturity Date of the Second Series Debentures&#8221; and, together with the Maturity Date of the First Series Debentures, &#8220;Maturity Date&#8221;)</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font></font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.4pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.9pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(h)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 23pt;">Compensation of the </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">First Series </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Debentures</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">The </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Unit Par </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Value or the balance of the Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value of the First Series Debentures, as the case may be, will bear interest corresponding to 100% (one hundred percent) of the accumulated variation of the average daily rates of the DI &#8211; Interbank Deposits of one day, over extra-group, calculated and disclosed daily by B3, in the daily newsletter available on its website (http://www.b3.com.br) (&#8220;DI Rate&#8221;), exponentially increased by a spread of up to 0.55% (fifty-five hundredths of a percent) per year, based on 252 (two hundred and fifty-two) Business Days, as defined in the Bookbuilding Procedure, calculated exponentially and cumulatively pro rata temporis per Business Days elapsed, from the first Payment Date of the First Series Debentures or the immediately preceding Remuneration Payment Date, as the case may be, until the date of actual payment, calculated in accordance with the formula set out in the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Indenture </font><font style="letter-spacing: 0.8pt; line-height: inherit;">(&#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of First Series Debentures&#8221;);</font></font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.9pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(i)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 23pt;">Compensation of the </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Second Series </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Debentures</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">The Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value or the balance of the Unit </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Par</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Value of the Second Series Debentures, as the case may be, will bear interest corresponding to 100% (one hundred percent) of the accumulated variation of the DI Rate, exponentially increased by a spread of up to 0.75% (seventy-five hundredths of a percent) per year, based on 252 (two hundred and fifty-two) Business Days, as defined in the Bookbuilding Procedure, calculated exponentially and cumulatively pro rata temporis per Business Days elapsed, from the first Payment Date of the Second Series Debentures or the immediately preceding Remuneration Payment Date, as the case may be, until the date of effective payment, calculated in accordance with the formula set forth in the Indenture (&#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of the Second Series Debentures&#8221; and, together with the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of the First Series Debentures, &#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;">&#8221;);</font></font></p>

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<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.9pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
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<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(j)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 23pt;">Payment of the Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Except in cases of possible early maturity of the Debentures, early redemption of the Debentures of the respective series due to the performance of an Optional Early Redemption, an Early Redemption Offer or early redemption under the terms provided for in the Indenture, the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of the Debentures of both series will be paid semi-annually as of the Date of Issuance, always in the months of June and December of each year. The first payment will occur on a date to be provided for in the Indenture and the last payment will occur on the Maturity Date of the respective Series, according to the tables in the Indenture (each </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> payment date being referred to as the &#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> Payment Date&#8221;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">)</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font></font><br></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.4pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(k)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Default Charges</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Without prejudice to the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Compensation</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> calculated pro rata temporis from the date of default until the date of actual payment, in the event of late payment of any </font><font style="letter-spacing: 0.8pt; line-height: inherit;">amount due to the Debenture Holders (as defined in the Indenture) in relation to any obligation arising from the Indenture, any and all amounts in arrears shall be subject, regardless of any notice, notification or judicial or extrajudicial summons: </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">i</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">)</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> interest on arrears of 1% (one percent) per month, calculated pro rata temporis from the date of default (inclusive) until the date of actual payment (exclusive), applicable to the amount due and unpaid; and </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">(ii) </font><font style="letter-spacing: 0.8pt; line-height: inherit;">a non-compensatory fine of 2% (two percent), applicable to the amount due and unpaid (&#8220;Default Charges&#8221;)</font><font style="letter-spacing: 0.8pt; line-height: inherit;">; </font></font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(l)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Convertibility</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: The Debentures will be simple, that is, not convertible into shares of the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Company;</font></font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(m)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 19pt;">Type</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: The Debentures will be unsecured, in accordance with article 58, caput, of Law No. 6,404, of December 15, 1976, as amended, with a personal guarantee to be provided by the </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Company</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font> </font></p>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(n)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Surety </font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">G</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">uarantee</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: As a guarantee of the prompt and full fulfillment of all present and future, principal and accessory obligations of the Issuer, provided for in the scope of the Indenture, including the fees of the Trustee, Default Charges, compensation, as well as any and all costs or expenses demonstrably incurred by the Trustee, in its capacity as representatives of the Debenture Holders, as a result of lawsuits, procedures and/or other judicial or extrajudicial measures necessary to safeguard their rights and prerogatives arising from the Debentures, the Company will provide a surety </font><font style="letter-spacing: 0.8pt; line-height: inherit;">g</font><font style="letter-spacing: 0.8pt; line-height: inherit;">uarantee in favor of the Debenture Holders, undertaking as guarantor and primarily responsible for the faithful, prompt and full fulfillment of all obligations of the Issuer, under the terms of the Debentures and the Indenture, in accordance with the terms and conditions provided for in the Indenture (&#8220;Guarantee&#8221;);</font></font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.4pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 70.85pt; text-align: justify; text-indent: -35.45pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: normal; letter-spacing: 0.8pt; line-height: inherit;">(o)</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit; margin-left: 22pt;">Other characteristics</font><font style="letter-spacing: 0.8pt; line-height: inherit;">:</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">The other characteristics and conditions of the Issue, Offer and Debentures will be those specified in the Indenture</font></font></p>
<p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit; padding-left: 22.69pt; text-indent: 0pt; margin: 0pt !important;"><br></font></p>
<p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit; padding-left: 22.69pt; text-indent: 0pt; margin: 0pt !important;">2.  <font style="letter-spacing: 0.8pt; line-height: inherit;">Under article 27, item (p) of the Company&#8217;s bylaws, t</font><font style="letter-spacing: 0.8pt; line-height: inherit;">he Board of Directors authorized the provision of guarantee, by the Company, in relation to the current and future, main and ancillary obligations,</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> of the Issuer, under the Indenture, including the fees of the Trustee, Default Charges, compensation, as well as any and all costs or expenses demonstrably incurred by the Trustee, as a representative of the Debenture Holders, as a result of processes, procedures and/or other judicial or extrajudicial measures necessary to safeguard their rights and prerogatives arising from the Debentures, the Guarantee</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font></font></p>
<p style="font-size: 10pt; line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<div style="margin: 0pt; padding-left: 0pt; line-height: 1.2; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit; padding-left: 22.69pt; text-indent: 0pt; margin: 0pt !important;">3.  <font style="letter-spacing: 0.8pt; line-height: inherit;">The Board Members approved the execution, by the Company, of all and any instruments necessary for the Issuance and the Offer, including, but not limited to, the following contracts and any amendments thereto: (a) the Indenture; and (b) the &#8220;</font><font style="letter-spacing: 0.8pt; line-height: inherit;">Agreement</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> for the Structuring, Coordination and Public Distribution, under the Firm Guarantee Regime for the Placement of Simple, Non-Convertible Debentures, of the Unsecured Type, with Surety Guarantee, in </font><font style="letter-spacing: 0.8pt; line-height: inherit;">u</font><font style="letter-spacing: 0.8pt; line-height: inherit;">p to Two Series, of the 4th (Fourth) Issuance of Hidrovias do </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Brasil</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> S.A.&#8221;, to be executed between the Issuer, the Company and the institutions that are part of the securities distribution system duly authorized to be responsible for the coordination and intermediation of the Offe</font><font style="letter-spacing: 0.8pt; line-height: inherit;">r</font><font style="letter-spacing: 0.8pt; line-height: inherit;">;</font></font></div>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<div style="margin: 0pt; padding-left: 0pt; line-height: 1.2; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit; padding-left: 22.69pt; text-indent: 0pt; margin: 0pt !important;">4.  <font style="letter-spacing: 0.8pt; line-height: inherit;">The </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Board Members </font><font style="letter-spacing: 0.8pt; line-height: inherit;">approved the authorization for the Company to discuss, negotiate and execute, through its </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Officers</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> and/or representatives, all documents and perform all acts related to the above resolutions, including discussing, negotiating and executing all </font><font style="letter-spacing: 0.8pt; line-height: inherit;">documents and performing all acts necessary for the execution, formalization and improvement of the Issuance, as well as powers of attorney, notifications, amendments and any other documents related to the Offer</font><font style="letter-spacing: 0.8pt; line-height: inherit;">; </font></font></div>
<p style="margin: 0pt 0pt 0pt 35.4pt; line-height: 1.2;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<div style="margin: 0pt; padding-left: 0pt; line-height: 1.2; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit; padding-left: 22.69pt; text-indent: 0pt; margin: 0pt !important;">5.  <font style="letter-spacing: 0.8pt; line-height: inherit;">The Board Members approved the ratification of all acts performed to date by the Company's </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Officers</font><font style="letter-spacing: 0.8pt; line-height: inherit;"> and/or its representatives, necessary for the implementation of the Issue and Offer, as well as the authorization of the performance of any other acts necessary for the achievement of the above resolutions.</font></font></div>
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 72pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Notes</font><font style="letter-spacing: 0.8pt; line-height: inherit;">: </font><font style="letter-spacing: 0.8pt; line-height: inherit;">The resolutions</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">were approved, with no amendments or qualifications, by all the Board </font><font style="letter-spacing: 0.8pt; line-height: inherit;">m</font><font style="letter-spacing: 0.8pt; line-height: inherit;">embers present.</font></font></p>

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<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Marcos Marinho Lutz</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">&#8211; </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Chairman</font><font style="letter-spacing: 0.8pt; line-height: inherit;">; </font></font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Jorge Marques de Toledo Camargo</font> <font style="letter-spacing: 0.8pt; line-height: inherit;">&#8211; </font><font style="letter-spacing: 0.8pt; line-height: inherit;">Vice-Chairma</font><font style="letter-spacing: 0.8pt; line-height: inherit;">n</font></font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Fabio Venturelli</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Fl&#225;via Buarque de Almeida</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Francisco de S&#225; Neto</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Jos&#233; Mauricio Pereira Coelh</font><font style="font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">o</font></font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Marcelo Faria de Lima</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Peter Paul Loren&#231;o Estermann</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">&nbsp;</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">V&#226;nia Maria Lima Neves</font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;"><br></font></p>
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; line-height: inherit;">Denize Sampaio Bicudo &#8211; </font><font style="font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;">Secretary of the Board of Directors.</font><font style="font-size: 10pt; letter-spacing: 0.8pt; line-height: inherit;"><br></font></font></p>
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<p style="font-size: 14pt; line-height: 115%; margin: 0pt 0pt 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">SIGNATURES</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">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.</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Date: May 9, 2025&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font></p>
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<td style="width: 48.0243%; height: 17px;" colspan="2"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">ULTRAPAR HOLDINGS INC.</font><br></td>




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<td style="width: 3.02432%; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">By:</font></td>
<td style="width: 45%; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">/s/ Alexandre Mendes Palhares</font></font></td>




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<td style="width: 3.02432%; height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Name:</font></td>
<td style="width: 45%; height: 17px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Alexandre Mendes Palhares</font></font></td>




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<td style="width: 3.02432%; height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Title:</font></td>
<td style="width: 45%; height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Chief Financial and Investor Relations Officer</font></td>




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<p style="font-size: 9pt; line-height: 115%;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><br></font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt 0pt 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">(</font><font style="font-style: italic;">Minutes of the Meeting of the Board of Directors of Ultrapar Participa&#231;&#245;es S.A., held on May</font>&nbsp;9<font style="font-style: italic;">, 2025</font><font style="font-style: italic;">)</font></font></p>


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