01/16/2020 | Press release | Distributed by Public on 01/16/2020 18:18
Companhia de Saneamento Básico do Estado de São Paulo - Sabesp ('Company' or 'Sabesp') hereby informs its shareholders and the market in general that, in continuation to the Notices to the Market disclosed on August 16, 2019, and December 17, 2019, the Mayor of the Municipality of Mauá sanctioned today Law 5581/2020, which authorizes the Executive Power to sign agreements, contracts, amendments and any other necessary adjustments with the State of São Paulo, with the Regulatory Agency for Sanitation and Energy of the State of São Paulo (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo) and with Companhia de Saneamento Básico do Estado de São Paulo (SABESP).
The said Law also creates the Municipal Fund for Environmental Sanitation and Infrastructure (FMSAI) and other measures. Sabesp will analyze the approved Law and will take a position in due time. The Law 5581/2020 can be found at www.sabesp.com.br/investidores and on the municipality's website.
The company will keep the market updated on the developments of the matter within this Notice to the Market.
São Paulo, January 16, 2020.
Technology, Enterprises and Environment Officer
Acting for the Economic and Financial Office and the Investor Relations Office