| Schedule of Financial Result |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three-month periods ended | | Six-month periods ended | | Description | | June 30, 2026 (Unaudited) | | June 30, 2025 (Unaudited) | | June 30, 2026 (Unaudited) | | June 30, 2025 (Unaudited) | | | | | | | | | | | Financial income | | | | | | | | | | Interest on short and long-term investments | | 10,969 | | | 23,898 | | | 25,595 | | | 48,611 | | | Fair value of the TAP Bond | | — | | | 4,127 | | | — | | | 4,127 | | | Debt to equity conversion | | — | | | 734,433 | | | — | | | 734,433 | | | Others | | 3,342 | | | 21,191 | | | 18,717 | | | 28,067 | | | | | | | | | | | | | 14,311 | | | 783,649 | | | 44,312 | | | 815,238 | | | Financial expenses | | | | | | | | | Interest on loans and financing (a) | | (226,228) | | | (483,052) | | | 715,156 | | | (942,659) | | | Interest on lease | | (432,035) | | | (710,980) | | | (890,507) | | | (1,384,340) | | | Interest on accounts payable | | (45,070) | | | (54,154) | | | (84,176) | | | (164,714) | | | Interest on convertible instruments | | — | | | (111,103) | | | (647,150) | | | (197,431) | | | | | | | | | | | | Interest on airport taxes and fees | | (33,091) | | | (39,249) | | | (71,624) | | | (71,618) | | | Interest on provisions | | (75,290) | | | (46,163) | | | (135,116) | | | (100,314) | | | Interest on factoring credit card receivables | | (66,803) | | | (111,451) | | | (163,040) | | | (220,564) | | | Amortized cost of loans and financing | | (8,922) | | | (48,128) | | | (129,484) | | | (75,307) | | | Financial operations cost | | (35,063) | | | (37,314) | | | (101,685) | | | (76,767) | | | Fair value of the TAP Bond | | — | | | (3,440) | | | — | | | (34,869) | | | Restructuring of loans and financing | | — | | | — | | | (108,074) | | | (552,073) | | | Fair value adjustment on conversion into shares | | — | | | — | | | (5,090,093) | | | — | | | Loans – GUC – Chapter 11 | | — | | | — | | | 800,145 | | | — | | | Accounts payables – GUC – Chapter 11 | | — | | | — | | | 56,825 | | | — | | | Debentures restructuring of convertible | | — | | | — | | | — | | | (334,599) | | | Other restructuring costs | | — | | | — | | | — | | | (215,354) | | | Others | | (15,471) | | | (83,919) | | | (42,827) | | | (157,270) | | | | | | | | | | | | | (937,973) | | | (1,728,953) | | | (5,891,650) | | | (4,527,879) | | | | | | | | | | | | Derivative financial instruments, net | | 14,402 | | | 655,849 | | | 14,402 | | | 860,716 | | | | | | | | | | | | Foreign currency exchange, net | | 27,096 | | | 1,793,716 | | | 1,499,867 | | | 4,528,935 | | | | | | | | | | | | Financial result, net | | (882,164) | | | 1,504,261 | | | (4,333,069) | | | 1,677,010 | |
(a)During the first quarter of 2026, as a result of its emergence from Chapter 11, the Company recognized gains from the reversal of interest on loans and financing.
|