Insider Transaction Report for Azul SA

This filing details a grant of 98,086 restricted stock rights to Controller Mariano Ricardo Luiz Temer under Azul SA's Restricted Shares Granting Plan. These shares will vest in three equal annual installments on May 5, 2027, May 5, 2028, and May 5, 2029, contingent upon continued service. If Azul SA lacks sufficient treasury shares for settlement on a vesting date, Mr. Temer will be required to subscribe to the shares for a nominal price of R$1.00. The transaction, reported on June 15, 2026, involves a direct ownership of these shares, with a post-transaction total of 98,086 shares. The reported value per share is effectively zero, with a nominal subscription price stipulated under specific conditions.