Ultrapar Participacoes S.a.BMFBOVESPA: UGPA3

Ultrapar Participacoes S A becomes the controlling shareholder of Hidrovias do Brasil

· Issued by Ultrapar Participacoes S.A.

On May 5th, we surpassed a 50% ownership stake in the share capital of Hidrovias do Brasil. With this capital increase, Ultrapar became the first controlling shareholder of Hidrovias since the company's IPO.

This controlling interest reinforces our confidence in the company and consolidates our role as a long-term strategic shareholder, supporting its growth, governance, and management model, while contributing qualified professionals and strategic, operational, administrative, and financial expertise.