Raízen shareholders approve incorporation of Bioenergia entities in strategic bioenergy reorganization

In a Extraordinary General Meeting held on January 1, 2026, Raízen shareholders approved the partial incorporation of Bioenergia Barra (Biobarra) and the full incorporation of Bioenergia Rafard, Bioenergia Serra, and Bioenergia Araraquara into Raízen Energia. The partial incorporation of Biobarra’s split portfolio was valued at R$ 112.4 million and notably does not affect Raízen Energia’s social capital, with Biobarra remaining an active legal entity. This selective absorption of assets enables Raízen to consolidate strategic holdings without dissolving Biobarra entirely.

Conversely, the incorporations of Bioenergia Rafard, Serra, and Araraquara constitute full mergers, leading to the extinction of these companies as independent entities. Raízen Energia will succeed each in all rights, assets, and liabilities. The book values of the transferred assets amount to approximately R$ 90.2 million from Rafard, R$ 14 million from Serra, and R$ 8.1 million from Araraquara. These valuations were independently validated by PGS Auditores Independentes, ensuring market transparency and reliability.

This corporate restructuring is part of a larger, multi-phase strategy to optimize Raízen’s capital and streamline operations across the bioenergy segment, consolidating assets related to sugarcane, ethanol, and biomass energy production under a single controlling entity. The reorganization aims to reduce administrative overhead, unify operational processes, and enhance financial efficiency amid a competitive renewable energy market in Brazil. The decision preserves shareholder value by avoiding capital dilution while positioning Raízen Energia to capitalize on economies of scale and greater control over its bioenergy portfolio.