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Repurchase of the Series A Perpetual Convertible Preferred Shares and Repayment of Afya Participações S.A. Debentures

  • Afya Limited entered a Share Repurchase Agreement with SBLA Holdco LLC to buy back 150,000 Series A Preferred Shares for R$831.6 million.
  • The repurchase transaction is scheduled to close on November 3, 2025, with all shares to be canceled upon completion.
  • Afya repaid the full R$500.0 million outstanding amount for the first issuance of debentures by its subsidiary Afya Brazil on October 22, 2025.
  • The original R$500.0 million debenture issuance occurred on December 16, 2022, with a maturity date of January 15, 2028.
  • Both the preferred share repurchase \& debenture repayment are funded by proceeds from commercial notes issued by Afya Brazil on October 15, 2025.