| Schedule of Income or Loss Per Common and Preferred Share |
Earnings (loss) per share calculation According to IAS 33 - Earnings (loss) per share, the Company has retrospectively adjusted the earnings (loss) per share to reflect the conversion of preferred shares into common shares and the reverse stock split that occurred in 2026, in 75:1 basis without modification of share capital. As these events only changed the number of shares, the weighted average number of shares was adjusted for all periods presented, with no impact on income (loss) for the year, affecting the denominator of the earnings (loss) per share calculation, as presented below: | | | | | | | | | | | | | | | | | | | | | | | Years ended December 31, | | Description | | 2025 | | 2024 | | 2023 | | | | | | | | | Numerator | | | | | | | | Income (loss) for the year | | 124,858 | | | (9,151,371) | | | (2,380,456) | | | | | | | | | | Denominator | | | | | | | | Weighted average number of common shares | | 788,177,294 | | | 347,661,854 | | | 347,532,168 | | | Weighted average number of presumed conversions (a) | | 320,136,768 | | | 900,031,192 | | | 220,081,929 | | | Weighted average number of preferred shares that would have been issued the average share price at the market price | | — | | | 2,377,040 | | | 4,041,744 | | | | | | | | | | Basic income (loss) per common share – R$ (as adjusted) | | 0.16 | | | (26.32) | | | (6.85) | | | Diluted income (loss) per common share – R$ (as adjusted) | | 0.16 | | | (26.32) | | | (6.85) | |
(a)Excludes treasury shares. The basic and diluted loss per share before the effects of the aforementioned adjustments, as previously presented in 2024 financial statements, are shown below: | | | | | | | | | | | | | | | | | | Years ended December 31, | | Description | | 2024 | | 2023 | | | | | | | | | Numerator | | | | | | | Income (loss) for the year | | (9,151,371) | | | (2,380,456) | | | | | | | | | | Denominator | | | | | | | Weighted average number of common shares | | 928,965,058 | | | 928,965,058 | | | | Weighted average number of preferred shares | | 335,275,653 | | | 335,145,967 | | | | Economic value of preferred shares | | 75 | | | 75 | | | Weighted average number of equivalent preferred shares (a) | | 347,661,854 | | | 347,532,168 | | | Weighted average number of equivalent common shares(b) | | 26,074,639,033 | | | 26,064,912,583 | | | | Weighted average number of presumed conversions | | 900,031,192 | | | 220,081,929 | | | | Weighted average number of preferred shares that would have been issued the average share price at the market price | | 2,377,040 | | | 4,041,744 | | | | | | | | | | Basic loss per common share – R$ | | (0.35) | | | (0.09) | | | | Diluted loss per common share – R$ | | (0.35) | | | (0.09) | | | | Basic loss per preferred share – R$ | | (26.32) | | | (6.85) | | | | Diluted loss per preferred share – R$ | | (26.32) | | | (6.85) | | |
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