FAQ

Vivara’s shares are traded on the Novo Mercado of B3 – Brasil, Bolsa, Balcão under the ticker “VIVA3”.

Corporate Governance is the set of practices that aim to optimize a company’s performance by protecting all interested parties, such as investors, employees and creditors, facilitating access to capital. The Corporate Governance practices applied to the capital market mainly involve: transparency, equity in the treatment of shareholders and accountability, contributing to the perpetuity of the company.

The Novo Mercado is a special segment of the B3 stock market – Brasil, Bolsa, Balcão, exclusively for companies that meet minimum requirements and accept to be subject to differentiated Corporate Governance rules. The items below summarize the main points that characterize the Novo Mercado and are applicable to Vivara:

– division of the capital stock exclusively into common shares;
– shares representing at least 25% of the capital stock must be outstanding (they cannot be held by the controller);
– in the sale of control, even if through successive sales, the business must be conditioned to the extension to minority shareholders of the same conditions offered to the controlling shareholder, including the same price (tag-along);
– Board of Directors with at least 5 members, with a unified term of office of one year;
– cash flow statement in the ITR’s and in the annual financial statements;
– from the second year after joining the Novo Mercado, the disclosure of financial statements also in English and in accordance with international standards “US GAAP” or “IFRS” becomes mandatory; – the schedule of corporate events must be published annually;
– delisting from the Novo Mercado is subject to a public tender offer at fair value;
– membership of the Market Arbitration Chamber;
– monthly disclosure of negotiations with securities issued by the company by the controlling shareholders; and
– installation of the Internal Audit area, Compliance function and Audit Committee (statutory or non-statutory).

There are two forms of income: dividends and interest on equity.

Dividend is the participation in the profits of a company (sociedade anónima) distributed in cash. The amount of dividends is proportional to the number of shares owned and the profit made by the company in the previous financial year. Pursuant to the Brazilian Corporate Law, shareholders are guaranteed a minimum dividend of 25% of the net income calculated in each year, provided that there is a positive balance in the retained earnings/loss account.

Interest on equity (JCP) can be distributed less frequently than annually and does not depend on the company’s performance in the period, but on the profit reserves presented in previous years and which were retained. The payment of JCP reduces the basis for payment of income tax and social contribution. Therefore, unlike dividends, the shareholder will have to pay tax on the capital received.

The Company is required by the Brazilian Corporation Law and by the Bylaws to hold an Annual Shareholders’ Meeting within four months of the end of each fiscal year in which the shareholders will have to resolve on the distribution of the annual dividend. The payment of annual dividends is based on the audited financial statements referring to the immediately preceding fiscal year. Pursuant to the Brazilian Corporation Law, the annual dividend must be paid within 60 days of its declaration, unless the shareholders’ resolution establishes another payment date which, in any event, must occur before the end of the fiscal year in which the dividend was declared.

Before looking for a Stock Broker, it is suggested that you study the subject on the B3 website – Brasil, Bolsa, Balcão.

After that, the next step is for you to look for a Stock Broker. Brokers and other financial intermediaries have professionals dedicated to market, sector and company analysis, and with them you can find out about the right time to buy and sell certain stocks for better results.

You can also trade stocks via the Internet. To do so, you must be a client of a B3 Brokerage Firm that has the Home Broker system, which allows stock trading via the Internet. Check the list of Brokers that offer Home Broker.

The shareholding position can only be informed to the shareholder himself or to the person formally authorized to do so.

Shareholders may request the extract of their shareholding position at any branch of Banco Itaú (depository bank for Vivara shares), presenting the documents described below. The information will be forwarded to the shareholder, according to the address contained in the Share System of the custodian bank within a period of 7 to 12 days.

Documentation Individuals: RG, CPF, proof of residence (maximum 2 months) and copy of bank address (magnetic card or check sheet of the financial institution of which you are an account holder).

If the shareholding position is requested by a proxy, he must go to an agency specializing in Banco Itaú securities, presenting the authenticated power of attorney, as well as a certified copy of the following documents: RG, CPF and proof of residence (maximum 2 months) .

In Banco Itaú’s specialized securities agencies, the shareholder may obtain the position immediately, and the same documentation above must be presented. For more information, contact Banco Itaú’s central shareholder service center directly through INVESTFONE – (11) 5029-7780 and through the website www.itau.com.br.

All material facts, results announcements and other communications to the market of Vivara are disclosed simultaneously on CVM/B3 – Brasil, Bolsa, Balcão and in the investor relations area of ​​the Company’s website (www.ri.vivara.com. br), in addition to later sent by email to the people who register to receive such information. To register, please click here.

The complete financial statements are published annually in the newspapers, the Official Gazette of the State of São Paulo and in the Valor Econômico newspaper. Quarterly financial statements, press releases, presentations, material facts and notices to shareholders are available in the investor relations area of ​​Vivara’s website (www.ri.vivara.com.br). Other information about the Company can also be obtained on the websites of the São Paulo Stock Exchange (www.b3.com.br) and the Securities and Exchange Commission (www.cvm.gov.br).

Rua Verbo Divino, 1207 – Térreo
Chácara Santo Antonio – São Paulo – SP
CEP: 04719-901

Phone: +55 11 3896-0555

Email: ri@vivara.com.br

Or through the page Contact IR.

No, Vivara’s business model does not consider opening stores through franchises. All stores are owned by the Company.