CVM Resolution No. 158 of June 28, 2022

COMISSÃO DE VALORES MOBILIÁRIOS
Rua Sete de Setembro, 111/2-5º e 23-34º Andares, Centro, Rio de Janeiro/RJ – CEP: 20050-901 – Brasil - Tel.: (21) 3554-8686 Rua Cincinato Braga, 340/2º, 3º e 4º Andares, Bela Vista, São Paulo/ SP – CEP: 01333-010 – Brasil - Tel.: (11) 2146-2000 SCN Q.02 – Bl. A – Ed. Corporate Financial Center, S.404/4º Andar, Brasília/DF – CEP: 70712-900 – Brasil -Tel.: (61) 3327-2030/2031 www.cvm.gov.br RESOLUTION CVM NO. 158, OF JUNE 28, 2022 Amends Resolution CVM No. 88, of April 27, 2022.

THE PRESIDENT OF THE SECURITIES COMMISSION – CVM makes public that the Board, in a meeting held on this date, based on the provisions of Articles 2, item IX, 15, item I, 16, item I, 19, § 5, item I, and 20 of Law No. 6,385, of December 7, 1976, APPROVED the following Resolution:

Art. 1. Resolution CVM No. 88, of April 27, 2022, shall enter into force with the following wording:

“Art. 16. ...................................................................
I - ...................................................................
b) the potential buyers are active investors, as per Article 2, II, observing the provisions of § 3;
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V – if authorized under Article 17 and observing § 3, make available to all active investors on the platform the information and documents of the small business entity in an electronic environment, including:
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§ 3. The small business entity may limit the potential buyers mentioned in item “b” of item I only to the current investors of the small business entity, in which case the conditions and obligations related to active investors must be read as referring to this smaller universe of investors, observing § 3 of Article 15.” (NR)

“Art. 53. The obligation referred to in Article 3, V, applies to public offerings initiated after 90 (ninety) days from the entry into force of this Resolution. Sole Paragraph. During the 90 (ninety) day period referred to in the main text and while the obligation referred to therein is not observed:
I – the maximum fundraising target set forth in Article 3, I, cannot exceed R$ 5,000,000.00 (five million reais); and II – it is not permitted to carry out subsequent transactions with securities of a small business entity, as per Chapter V.” (NR)

COMISSÃO DE VALORES MOBILIÁRIOS
Rua Sete de Setembro, 111/2-5º e 23-34º Andares, Centro, Rio de Janeiro/RJ – CEP: 20050-901 – Brasil - Tel.: (21) 3554-8686 Rua Cincinato Braga, 340/2º, 3º e 4º Andares, Bela Vista, São Paulo/ SP – CEP: 01333-010 – Brasil - Tel.: (11) 2146-2000 SCN Q.02 – Bl. A – Ed. Corporate Financial Center, S.404/4º Andar, Brasília/DF – CEP: 70712-900 – Brasil -Tel.: (61) 3327-2030/2031 www.cvm.gov.br RESOLUTION CVM NO. 158, OF JUNE 28, 2022 “ANNEX E TO RESOLUTION CVM NO. 88, OF APRIL 27, 2022
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Section 3. Information about the offered security:
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c) state whether the small business entity authorizes the platform to act as an intermediary for subsequent transactions and, if so, what types of investors may be potential buyers as per Article 16, I, item “b” and § 3; ” (NR)

Art. 2. This Resolution enters into force on June 28, 2022.
Original signed by
MARCELO BARBOSA
President”