Movida Board Approves Revised Audit Committee Charter

• Movida’s board met on October 20, 2026, unanimously adopting revised statutory audit committee rules as part of its biennial review.
• The rules took effect immediately, covering oversight of financial reporting, risk management and compliance.
• Committee membership requires a majority of independent members, with five-year terms renewable once and a maximum tenure of 10 years.
• The committee must report quarterly to the board and conduct performance evaluations every two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Movida Participações SA published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.