Ultrapar Participações S.A.'s Board of Directors approved a restricted share-based incentive program, long-term incentive program with value creation targets, participant lists, and an amendment to the Corporate Executive Compensation Policy on April 1, 2026.
Key takeaways
Board approved restricted share-based incentive program and long-term incentive program with value creation targets under the 2023 Stock-Based Incentive Plan.
Approved list of designated participants and number of shares to be granted for both programs.
Authorized execution of agreements with each program participant.
Approved amendment to the Corporate Executive Compensation Policy as proposed by the Executive Board.
Programs and agreements to be filed at the Company's headquarters.
Resolutions unanimously approved by all attending Board members.