Assaí Atacadista(ASAI) - 2024 Q3 - Quarterly Report

Tax Liabilities - The Company received a Notice of Listing of Assets from the Brazilian Federal Revenue Service, totaling R$1.265 billion related to tax liabilities in dispute with Companhia Brasileira de Distribuição (GPA) [2] - GPA is responsible for R$11.654 billion (90%) of the total R$12.913 billion in tax contingencies incurred prior to the Spin-Off, with the remaining amount under Assaí's responsibility [5] - The Company intends to appeal the Notice of Listing of Assets and will take necessary measures to defend against the tax liabilities [6] - Assaí's operations have always been segregated from GPA's operations, and the Company reaffirms GPA's responsibility for its own contingencies [6][7] - The management will keep shareholders and the market informed about material developments regarding the tax liabilities [7] - The Company emphasizes that the listing of assets does not prevent the transfer or disposal of the listed assets, subject to notification to the RFB [3] - The Spin-Off on December 31, 2020, established that Assaí and GPA are not jointly responsible for liabilities incurred prior to the Spin-Off [4] - Brazilian tax authorities may demand payment of tax debts jointly and severally from the entities involved, regardless of agreements made [4] - The Company is closely monitoring the situation in collaboration with GPA [5] Forward-Looking Statements - Forward-looking statements in the report indicate that future performance is subject to various risks and uncertainties [8]