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Sabesp - Material Fact

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SÃO PAULO, Jan. 15, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Sabesp" or "Company"), in compliance with the provisions of Article 157, Paragraph 4, of Law 6,404/76 and the provisions of  Instruction 358 of the Brazilian Securities and Exchange Commission ("CVM"), dated January 3, 2002, as amended, hereby informs its shareholders and the market in general that the São Paulo State Energy and Sanitation Regulatory Agency (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo) published Resolutions Nº 1,114 and Nº 1,115: (i) changing the schedule of the Third Ordinary Tariff Revision of Sabesp; and (ii) changing to the Tariff Structure schedule, as follows:

Resolution Nº 1,114  - Third Ordinary Tariff Revision

Stage

Event

Period

9

Disclosure of the Preliminary Technical Note - Calculation of P0

January 28, 2021

10

Public consultation and public hearing - Calculation of P0

January 29, to March 1, 2021

11

Disclosure of the Detailed Report, Final Technical Note and Resolution regarding P0

April 9, 2021

Resolution Nº 1,115  - Tariff Structure Schedule

Stage

Event

Period*

4

Disclosure of the Preliminary Technical Note with the proposal for the new tariff structure and the respective implementation plan

Up to January 28, 2021

5

Hold of the public consultation and public hearing on the Preliminary Technical Note published according to Stage 4

From January 29 to March 8, 2021

6

Analysis of the contributions received, publication of the Final Technical Note, of the Detailed Report and of the Resolution on the tariff structure approved by Arsesp

Up to April 9, 2021

*The indicated periods (except for stage 5) may be anticipated as the technical work progresses.

The Resolutions mentioned are available on ARSESP's and Sabesp's websites, in the Investor Relations page.

The Company will keep the market informed on the developments concerning this matter.

IR Contacts:
Mario Arruda Sampaio – (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi – (55 11) 3388-8793 (abairoldi@sabesp.com.br)

Cision View original content:http://www.prnewswire.com/news-releases/sabesp--material-fact-301209595.html

SOURCE Sabesp

COMPANHIA DE SANEAMENTO B SICO DO ESTADO DE SAO PAULO-SABESP ADS'S

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Water Supply and Irrigation Systems
Utilities
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United States of America
Sao Paulo

About SBS

Sabesp is a Brazilian water and waste management company owned by the state of São Paulo. It provides water and sewage services to residential, commercial and industrial users in São Paulo and in 363 of the 645 municipalities in São Paulo State, typically under 30-year concession contracts.