Magazine Luiza S.a.BMFBOVESPA: MGLU3

Magazine Luiza Approves Capital Increase Through Bonus Shares

· Issued by 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 RESERVE

  • SHARES TO BE ASSIGNED AS BONUS IN THE PROPORTION OF 1 BONUS SHARE FOR EVERY 20 COMMON SHARES HELD BY SHAREHOLDERS ON DEC. 29

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