Rede D'Or São Luiz S.A. (BOVESPA:RDOR3) announces a share repurchase program. Under the program, the company will repurchase up to 30,000,000 shares, representing 2.62% of its issued and outstanding share capital, for a total of BRL 1,000 million. The purpose of the program is to acquire shares to be held in treasury for subsequent cancellation or sale, in order to maximize the value generated to the shareholders.

The program will be funded with the total amount of the profit and capital reserves available, excluding the legal reserve, the unrealized profits reserve, the undistributed dividends special reserve and the tax incentives reserve, as applicable, based on the most recent annual, interim or quarterly financial statements disclosed prior to the effective transfer of ownership of the shares to the company. The program will expire on June 11, 2025. As of June 11, 2024, the company has 1,145,972,336 shares outstanding and has 34,173,654 treasury shares.