| Related parties |
| a) | Related-party transactions |
| | |
Assets | | |
Liabilities | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Compensation plans | |
| | |
| | |
| | |
| |
| Management | |
| 1,380 | | |
| 1,233 | | |
| - | | |
| - | |
| | |
| 1,380 | | |
| 1,233 | | |
| - | | |
| - | |
| Other | |
| | | |
| | | |
| | | |
| | |
| Cresca (a) | |
| - | | |
| 129 | | |
| - | | |
| 1,611 | |
| Cresud (b) | |
| 991 | | |
| 1,170 | | |
| 2,694 | | |
| 1,859 | |
| Helmir S.A. (c) | |
| 451 | | |
| 436 | | |
| 5,707 | | |
| 5,805 | |
| | |
| 1,442 | | |
| 1,735 | | |
| 8,401 | | |
| 9,275 | |
| Total – Related parties | |
| 2,822 | | |
| 2,968 | | |
| 8,401 | | |
| 9,275 | |
| a) | Acquisition of biological assets and other fixed assets by
Palmeiras, during the spin-off of Cresca. |
| b) | Expenses mainly refer to the implementation, development,
and maintenance of systems. |
| c) | During the process of acquisition of the subsidiaries in
Bolivia, the parties entered into an agreement to maintain the blocked contingency amount, aiming to protect the Company. |
| b) | Management compensation |
The expenses with Management compensation
were recorded under “General and administrative expenses”, as follows:
| | |
2025 | | |
2024 | | |
2023 | |
| Board of directors and executive board compensation | |
| 12,433 | | |
| 11,583 | | |
| 10,665 | |
| Bonus | |
| 2,135 | | |
| 1,754 | | |
| 1,879 | |
| Overall compensation | |
| 14,568 | | |
| 13,337 | | |
| 12,544 | |
| Share grants | |
| 1,025 | | |
| 1,025 | | |
| 3,833 | |
| | |
| 15,593 | | |
| 14,362 | | |
| 16,377 | |
On October 24, 2024, the overall compensation
of the Company’s managers for the current year, in the amount of R$16,927, was approved at the Annual and Extraordinary Shareholders
Meeting.
|