Magazine Luiza Approves Capital Increase Through Bonus Shares

About this update from Magazine Luiza S.a.

Magazine Luiza SA BMFBOVESPA:MGLU3:BOARD APPROVED CAPITAL INCREASE OF 400 MLN REAIS CAPITAL INCREASE TO BE CARRIED THROUGH THE ISSUANCE OF 36,949,762 NEW SHARES THROUGH THE CAPITALIZATION OF PART OF ITS TAX INCENTIVE RESERVESHARES TO BE ASSIGNED AS BONUS IN THE PROPORTION OF 1 BONUS SHARE FOR EVERY 20 COMMON SHARES HELD BY SHAREHOLDERS ON DEC. 29 Source text: Further company coverage:

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