Bradespar S.a.BMFBOVESPA: BRAP3

Bradespar: R$1.2 billion net income and R$792 million in payouts, with shares at a 30.4% NAV discount

· Issued by Bradespar S.A.

Net income reached R$1.2 billion in 2024, driven by VALE's performance, with R$792 million distributed to shareholders. Shares traded at a 30.4% discount to net asset value, reflecting market headwinds and lower iron ore prices.

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