Bertelsmann SE & Co. KGaA Increases Stake in Afya Ltd to 72.27% via Open Market Purchases

On June 16, 2026, Bertelsmann SE & Co. KGaA filed Amendment No. 34 to its Schedule 13D, reporting an increased stake in Afya Ltd (AFYA). The reporting person purchased an additional 425,367 Class A common shares between March 3, 2025, and April 4, 2025, through open market transactions under a pre-established Trading Plan. These purchases were made at an average price of $17.30 per share, totaling approximately $7.36 million, funded via internal resources. Following these transactions, the reporting person beneficially owns 61,076,080 shares, consisting of 27,001,946 Class A common shares and 34,074,134 Class B common shares (which are convertible into Class A shares). This represents a 72.27% ownership stake based on the combined share classes, or 53.54% of the Class A shares alone. The filing includes Erste WV Gutersloh GmbH, a wholly-owned subsidiary, as a joint reporting person. The continuous accumulation of shares underscores Bertelsmann's significant and growing control over the Brazilian medical education provider.