The Corporate Relations Superintendence (SEP) of the Brazil Securities Commission (CVM) published a notice naming 19 publicly held companies as delinquent for failing to file at least one mandatory periodic disclosure for a minimum of three months. Missing filings include the Standardised Financial Statements Form (DFP), Quarterly Information Form (ITR) and the Reference Form (FRE), where the delivery deadline was before 5 December 2025. The list covers 2W Ecobank S.A. (in judicial reorganisation), Ambipar Participações e Empreendimentos S.A., Arandu Investimentos S.A., Auzza Securitizadora S.A., Bombril S.A. (in judicial reorganisation), BRB Banco de Brasilia S.A., Cia Industrial Schlosser S.A., Cia Tecidos Santanense (in judicial reorganisation), Environmental ESG Participações S.A., Hospital Care Caledonia S.A., K-Infra Rodovia do Aço S.A., Natura & Co Holding S.A., Oi S.A. (in judicial reorganisation), Paranapanema S.A. (in judicial reorganisation), Porto Ponta do Felix S.A., Refinaria Pet Manguinhos S.A., Rossi Residencial S.A. (in judicial reorganisation), Sequoia Logística e Transportes S.A., and Teka Tecelagem Kuehnrich S.A. (in judicial reorganisation). Investors are urged to factor the delinquency into dealings and investment decisions. SEP also notes that Article 57 of CVM Resolution 80 requires suspension of an issuer’s registration if periodic obligations remain unmet for more than 12 months, and clarifies that issuers recorded as bankrupt or in liquidation, or already under registration suspension, are excluded from the list.