Bankruptcy | AZUL SA | 2nd June 2025

AZUL SA announced on May 28, 2025, it has entered into Restructuring Support Agreements and is using the Chapter 11 process in the U.S. AZUL SA will be removed from the indices effective June 2, 2025. If it is not trading on the primary stock exchange or any alternative eligible exchange, then the removal price will be zero.

The treatment below will be applied to the following indices:

• AZUL SA will be removed from the Index.
• The weight of AZUL SA (AZUL4.SA) based on its last close price will be distributed pro rata to remaining Index constituents.
• Effective Date (open): 02/06/2025

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