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Motiva – Results for the 1st quarter of 2026

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SÃO PAULO, April 29, 2026 /PRNewswire/ —

Highlights

On April 2, 2026, the Share Purchase and Sale Agreement for Minas_SP (Fernão Dias) was signed. The transaction amount was approximately R$ 381 million.Excluding the Airport Platform, cash OPEX/Adjusted Net Revenue (LTM) was 35.1% in 1Q26, representing a reduction of 3.0 p.p. compared to 1Q25.On April 30, 2026, the Company will make the payment of approximately R$ 124 million in dividends, as approved at the 2026 Annual General Meeting.On March 4, 2025, an amendment agreement was signed at Renovias, resulting in the extension of the concession term until June 30, 2026.On January 8, the Company announced the implementation of the joint operation of a digital platform for the management and processing of toll payments at free flow gantries, named Pedágio Digital (www.pedagiodigital.com).

1. For the purposes of this calculation, it considers (i) jointly owned subsidiaries and (ii) the Airport Business.

Consolidated Operational and Financial Highlights

OPERATIONAL AND FINANCIAL HIGHLIGHTS (R$ MM)

1Q25

1Q26

Var.%

Consolidated Adjusted Net Revenue¹

3,147

3,327

5.7 %

Consolidated Adjusted EBITDA¹

2,050

2,240

9.3 %

Adjusted EBITDA – Toll Roads

1,685

1,932

14.7 %

Adjusted EBITDA – Rails

574

587

2.3 %

Adjusted EBITDA – Others

(209)

(279)

33.5 %

Consolidated Adjusted EBITDA Margin²

65.1 %

67.3 %

2.2 p.p.

Adjusted Net Income¹

539

627

16.3 %

ROE LTM3

10.0 %

20.2 %

10.2 p.p.

ROIC LTM3

6.7 %

8.7 %

2.0 p.p.

Net Debt/LTM Adjusted EBITDA (x)

3,5x

3,6x

0.1x

Toll Roads – Vehicle Equivalents (million)

304,1

313,9

3.2 %

Rails – Passengers Transported (million)

181,7

185,0

1.8 %

CAPEX4

1,210

1,473

21.7 %

1. Excludes construction revenue and costs. Adjustments are described in the “non-recurring effects” section in Exhibit I (page 22).
2. The Adjusted EBITDA Margin was calculated by dividing Adjusted EBITDA by Adjusted Net Revenue.
3. ROE = Net Income/Equity | ROIC = NOPAT (EBIT*1-effective rate) /Invested Capital (Equity + Gross Debt).
4. Includes improvement works that do not generate future economic benefits for ViaOeste.

Discontinuation of the Airport Business and Accounting Reclassification

On November 18, 2025, the Company entered into a share purchase and sale agreement for 100% of the shares of Companhia de Participações em Concessões (CPC) with ASUR, marking the full divestment of the Airport Business. The execution of the agreement resulted in relevant accounting effects, as from that date all results and balance sheet positions related to the airport segment were consolidated into a specific line item in the Income Statement, entitled Result from Discontinued Operations, and in the Balance Sheet as Assets and Liabilities Held for Sale.
The results for 1Q25 were reclassified and restated to reflect this change, and 1Q26 is already presented excluding the contribution of airport operations from the Company’s consolidated figures.

For informational purposes, in the comparison between 1Q26 and 1Q25, the Airport Platform recorded a 31% increase in net income. This result reflected higher passenger volumes across all assets, combined with the positive effects of the liability management carried out in the second half of 2025.

Videoconference

Conference call in Portuguese with simultaneous translation into English:
April 29th, 2026
10:00 a.m. São Paulo / 9:00 a.m. New York
Videoconference link:
https://motiva-br.zoom.us/webinar/register/WN_37Xv5m_DTeGZp9nkY5u_FA#/registration

 IR Contacts

Flávia Godoy:     (+55 11) 3048-5900 – flavia.godoy@motiva.com.br
Douglas Ribeiro: (+55 11) 3048-5900 – douglas.ribeiro@motiva.com.br
Cauê Cunha:      (+55 11) 3048-5900 – caue.cunha@motiva.com.br
Caique Moraes:  (+55 11) 3048-5900 – caique.moraes@motiva.com.br
Ana Beatriz Bovo:(+55 11) 3048-5900 – ana.bovo@motiva.com.br

View original content:https://www.prnewswire.co.uk/news-releases/motiva—results-for-the-1st-quarter-of-2026-302758114.html

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Holderness & Bourne Tees Up eCommerce Growth with Barrett Distribution Centers

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FRANKLIN, Mass., June 19, 2026 /PRNewswire/ — Barrett Distribution Centers, a leading third-party logistics provider specializing in eCommerce fulfillment, announced a new partnership with Holderness & Bourne, a premium lifestyle brand known for its sophisticated men’s golf apparel and commitment to quality craftsmanship.

“Having worked with Barrett previously, I knew they had the experience, flexibility and operational expertise we needed as our business continued to grow,” said Sean Eaton, director of operations at Holderness & Bourne. “Their team’s responsiveness, strategic location and ability to quickly scale a solution made them the right partner to support our inventory and fulfillment requirements. We’re excited to continue building on that relationship as our business evolves.”

Barrett’s extensive experience supporting apparel and accessory brands, combined with its ability to provide scalable warehouse space, technology solutions and managed transportation services, positioned the company to support Holderness & Bourne’s expedited onboarding and future growth initiatives.

“Barrett is thrilled to step onto the fairway with Holderness & Bourne, a fast-growing premium golf apparel brand with a recognizable name and a loyal following among golfers who know quality when they see it,” said Mark Healy, vice president of customer solutions at Barrett. “Holderness & Bourne’s commitment to quality and customer satisfaction aligns perfectly with our focus on delivering dependable, flexible and scalable fulfillment solutions. We look forward to supporting their continued growth and serving as a trusted partner for years to come.”

Holderness & Bourne is now live at Barrett’s Hillsborough, N.J., fulfillment facility, where Barrett provides inventory staging and replenishment services in support of the brand’s New York operations. Located near Holderness & Bourne’s headquarters, the facility offers the space, technology and transportation resources needed to support the brand’s continued growth.

About Holderness & Bourne

Holderness & Bourne is a premium lifestyle brand focused on men’s golf apparel. It was founded around 2015 by Alex Holderness and John Bourne and centers on classic, refined golf-inspired style with modern fit and performance. Discover sophisticated, modern golf apparel crafted with premium fabrics designed for performance and comfort on the course and off. If you’re seeking golf apparel brands that prioritize craftsmanship and timeless design, our commitment to quality and fit speaks for itself.  

About Barrett Distribution Centers

Since 1941, Barrett has provided customized third-party logistics (3PL), direct-to-consumer (DTC) eCommerce fulfillment, omnichannel distribution, managed transportation solutions and retail compliance for clients across all industries, with a focus on apparel & footwear, health & beauty, consumer packaged goods (CPG) and education. Barrett continues to be a leading 3PL provider in North America, known for superior execution, customer engagement and direct access to senior leadership decision-makers. As a member of Inc.’s fastest-growing companies list 15+ times, Barrett is big enough to do the job and still small enough to deeply care about your business. Brands interested in a new 3PL partnership may contact Barrett directly here.

Media Contact:

Faith Artieda
Marketing Content Specialist
Faith.artieda@barrettdistribution.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/holderness–bourne-tees-up-ecommerce-growth-with-barrett-distribution-centers-302805461.html

SOURCE Barrett Distribution Centers Inc.

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Trial Attorney Clint Zalas of South Bend Explains Why Cases Often Take Longer Than Expected for HelloNation

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SOUTH BEND, Ind., June 19, 2026 /PRNewswire/ — Why do personal injury cases take longer than many people expect? A HelloNation article answers this question with insights from Personal Injury Attorney Clint Zalas of Lee & Zalas, P.C. in South Bend. The article explains that while delays can feel frustrating, the personal injury case timeline often protects injured individuals by ensuring accuracy and fairness in the settlement process.

The first factor the article discusses is investigation. A strong case requires photographs, medical records, witness statements, and sometimes expert evaluations. Collecting and reviewing this accident recovery evidence takes time, but it strengthens the foundation of the claim. If attorneys or claimants rush through this stage, they risk weakening the case and limiting the eventual injury settlement.

Medical treatment delays also extend the personal injury case timeline. According to the HelloNation article, the true scope of injuries often reveals itself over weeks or months. Recovery may require physical therapy, surgery, or long-term care. Settling before treatment concludes can prevent injured parties from recovering fair compensation for future expenses. Once finalized, an injury settlement cannot be reopened to account for additional medical costs or lost wages.

Insurance company negotiations create another layer of complexity. Adjusters carefully review claims, request documentation, and sometimes demand independent medical evaluations. Each exchange between the injured party and the insurer adds time. However, as the article explains, these negotiations help ensure that the settlement reflects the full cost of accident recovery rather than a rushed or incomplete figure.

The HelloNation feature warns against quick settlements. While they may feel satisfying at first, they often fail to cover long-term needs. For example, an injury that initially appears temporary may become chronic. Lost wages may continue if the person cannot return to work. By waiting, injured individuals make sure these realities factor into their personal injury litigation or settlement discussions.

Court schedules can also extend the process. If a case enters litigation, hearings, depositions, and trial dates must align with the court’s availability. This stage can be time-consuming, but it applies pressure on insurance companies to negotiate fairly. Many cases settle before trial, yet the possibility of litigation serves as an important safeguard in achieving full compensation.

The article highlights how expectations often differ from reality. Many people assume they will receive a check within weeks of filing a claim. In truth, personal injury law prioritizes fair compensation over speed. A thorough personal injury case timeline ensures that accident recovery costs, medical treatment delays, and future expenses are considered.

The HelloNation article also explains that rushing to accept an early offer can leave individuals paying for expenses they never anticipated. Quick settlements often fail to account for ongoing therapy, future surgeries, or extended time away from work. Building a complete case with medical documentation and evidence, though time-consuming, gives claimants the strongest chance of receiving a fair settlement.

Patience plays a key role throughout the process. The article states that waiting allows the injured person, their attorney, and the insurance company to see the full impact of the accident. While the delays can feel difficult, they ultimately protect the injured party from being pressured into unfair agreements. In personal injury litigation, accuracy ensures justice, even if it requires more time.

The article concludes that while a long personal injury case timeline can surprise claimants, it serves an important purpose. By gathering strong evidence, completing medical treatment, and negotiating thoroughly with the insurance company, injured people give themselves the best chance at full and fair compensation. A slower process often delivers a more secure outcome.

The full article, titled Why Personal Injury Cases Often Take Longer Than Expected, features the expertise of Personal Injury Expert Clint Zalas of Lee & Zalas, P.C. in South Bend and appears on HelloNation.

About HelloNation

HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trial-attorney-clint-zalas-of-south-bend-explains-why-cases-often-take-longer-than-expected-for-hellonation-302805468.html

SOURCE HelloNation

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Surfshark enhances its proprietary Dausos protocol to boost connectivity

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VILNIUS, Lithuania, June 19, 2026 /PRNewswire/ — Surfshark, a leading privacy protection company, has released a major upgrade to its proprietary VPN protocol, Dausos. This latest update drastically improves accessibility, connectivity rates, and network compatibility for users worldwide.

The primary focus of this update is to address the barriers on highly managed networks. Previously, users might have experienced difficulties connecting to Dausos on strict institutional firewalls — such as those found in schools, universities, and corporate environments. With this release, Surfshark has successfully implemented specialized network fixes, ensuring that Dausos has a better connectivity rate for users connecting in these environments.

“We want as many people as possible to experience the power of Dausos, which is why continuous improvement is our priority,” says Karolis Kaciulis, Leading System Engineer at Surfshark. “Responding directly to user feedback, this update fixes the connectivity issues some experienced in certain network environments.”

Surfshark Dausos: key benefits of the new protocol

Surfshark’s proprietary Dausos protocol revolutionizes the consumer VPN industry by delivering up to 30% faster speeds than current industry standards while future-proofing user privacy for the quantum era.

Unlike traditional VPNs that consolidate traffic through a single interface, Dausos is an audited architecture that automatically isolates user data into its own dedicated, private digital tunnel, eliminating packet interference and optimizing performance based on real-time network conditions.

On the security front, Dausos establishes full post-quantum security by utilizing a hybrid ML-KEM*X25519 key exchange and an advanced ML-DSA self-signed root certificate system to protect against future quantum computing threats. Furthermore, the protocol goes beyond standard security measures by integrating post-compromise security (ensuring compromised keys cannot leak future session data), port randomization to obscure connection paths, and high-speed AEGIS-256X2 cryptographic encryption for robust data integrity.

ABOUT SURFSHARK

Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and a tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For more research projects, visit our research hub.

View original content to download multimedia:https://www.prnewswire.com/news-releases/surfshark-enhances-its-proprietary-dausos-protocol-to-boost-connectivity-302805246.html

SOURCE Surfshark B.V.

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