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v3.26.1

Related parties | 12 Months Ended
--- | ---
Dec. 31, 2025
Notes and other explanatory information [abstract] |
Related parties |
20 | Related parties
The Company’s related parties are subsidiaries, joint ventures, associates, shareholders and its related entities and key management personnel of the Company.
(a) | Balances
Schedule of related parties balances |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents |  | Trade accounts receivables |  | Related parties’ assets |  | Trade payables, lease and confirming liabilities |  | Dividends payable |  | Related parties’ liabilities
Assets and liabilities | 2025 | 2024 |  | 2025 | 2024 |  | 2025 | 2024 |  | 2025 | 2024 |  | 2025 | 2024 |  | 2025 | 2024
Parent |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Votorantim S.A. | - | - |  | - | - |  | 2 | 2 |  | 1,418 | 101 |  | - | - |  | 4,694 | 3,658
Related parties |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Acerbrag S.A. | - | - |  | 792 | - |  | - | - |  | - | - |  | - | - |  | - | -
Auren Comercializadora de Energia Ltda. | - | - |  | - | - |  | - | - |  | 564 | 907 |  | - | - |  | - | -
Auren Energia S.A. | - | - |  | - | - |  | - | - |  | - | - |  | 24,234 | 1,307 |  | - | -
Campos Novos Energia S.A. | - | - |  | - | - |  | - | 1,544 |  | 10,008 | 7,104 |  | - | - |  | - | -
Companhia Brasileira de Alumínio | - | - |  | 163 | 299 |  | - | - |  | - | 70 |  | - | - |  | 1 | 7
Scotiabank Peru SAA (i) | 40,294 | 44,251 |  | - | - |  | - | - |  | 63,866 | 30,216 |  | - | - |  | - | -
Votorantim Cimentos S.A. | - | - |  | 576 | 586 |  | - | - |  | 393 | 412 |  | - | - |  | - | -
Votorantim International CSC S.A.C | - | - |  | - | - |  | - | - |  | - | - |  | - | - |  | - | 420
Other | - | - |  | 1 | - |  | - | - |  | 99 | 22 |  | 2,684 | 2,400 |  | - | -
| 40,294 | 44,251 |  | 1,532 | 885 |  | 2 | 1,546 |  | 76,348 | 38,832 |  | 26,918 | 3,707 |  | 4,695 | 4,085
Current | 40,294 | 44,251 |  | 1,532 | 885 |  | - | - |  | 72,292 | 35,806 |  | 26,918 | 3,707 |  | - | -
Non-current | - | - |  | - | - |  | 2 | 1,546 |  | 4,056 | 3,026 |  | - | - |  | 4,695 | 4,085
| 40,294 | 44,251 |  | 1,532 | 885 |  | 2 | 1,546 |  | 76,348 | 38,832 |  | 26,918 | 3,707 |  | 4,695 | 4,085
(b) | Transactions
Schedule of related parties transactions |  |  |
| Sales |  | Purchases
Profit and loss | 2025 | 2024 | 2023 |  | 2025 | 2024 | 2023
Parent |  |  |  |  |  |  |
Votorantim S.A. | - | - | - |  | 6,910 | 8,908 | 7,484
Related parties |  |  |  |  |  |  |
Acerbrag S.A. | 1,382 | - | - |  | - | - | -
Auren Comercializadora de Energia Ltda. | - | 1,140 | 744 |  | 5,041 | 6,384 | 7,971
Campos Novos Energia S.A. | - | - | - |  | 47,560 | 51,973 | 61,545
Companhia Brasileira de Alumínio | 337 | 640 | 161 |  | 65 | - | 210
Group Andrade Gutierrez (ii) | - | - | - |  | - | 19,832 | 73,757
Scotiabank Peru SAA (i) | - | - | - |  | 573 | 282 | 17
Votorantim Cimentos S.A. | - | - | - |  | - | - | 1,050
Votorantim International CSC S.A.C | - | - | - |  | - | - | 5,122
Other | - | - | - |  | 3,238 | 1,061 | 436
| 1,719 | 1,780 | 905 |  | 63,387 | 88,440 | 157,592
(i) Scotiabank Peru S.A.A., an entity for which one member of the Company’s Board of Directors serves as an independent chairman and may have significant influence, has transactions with Nexa related to leasing and confirming operations. The outstanding balances arising from these transactions as of December 31, 2025, amounted to USD 8,667 (2024: USD 5,404) for leasing operations and USD 55,199 (2024: USD 24,812) for confirming operations. Confirming operations consist of arrangements whereby payments otherwise due to suppliers are settled through the bank. In addition, purchase transactions presented in chart (b) above relate to interest expenses on lease contracts. (ii) Nexa entered into contracts with Consórcio Construtor Nova Aripuanã (a consortium of Andrade Gutierrez group companies) for construction and operational services related to the Aripuanã project. At that time, a close family member of one of the Company’s board members was considered to have significant influence on the holding level of Andrade Gutierrez. In mid-2024, the board member associated with this entity terminated their contract with Nexa, and Andrade Gutierrez ceased to be regarded as a related party.
(c) | Key management compensation
Key management includes the members of the Company's global executive team and Board of Directors. Key management compensation, including all benefits, was as follows:
Schedule of key management compensation |  |  |
| 2025 |  | 2024
Short-term benefits | 8,061 |  | 7,713
Other long-term benefits | 457 |  | 116
Total | 8,518 |  | 7,829
Short-term benefits include fixed compensation, payroll charges and short-term benefits under the Company’s variable compensation program. Other long-term benefits relate to the variable compensation program.

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