3R Petroleum Óleo e Gás S.A. (BOVESPA:RRRP3) made an offer to acquire Enauta Participações S.A. (BOVESPA:ENAT3) on April 1, 2024. As of April 10, 2024, 3R Petroleum Óleo e Gás entered into a Memorandum of Understanding (MoU) to acquire Enauta Participações. Under the potential transaction, Enauta will be incorporated by 3R, and Enauta?s shareholders will receive new shares of 3R so that the share capital of the new integrated company will be represented by 53% of 3R shareholders and 47% of Enauta shareholders, subject to adjustments. Enauta Participações announces that its Board of Directors unanimously approved the offer. The transaction is also subject to customary precedent conditions and any other conditions agreed by the companies, including satisfactory negotiation of definitive transaction documents, which should include customary terms and conditions, transaction approval by shareholders of both companies at respective extraordinary general meetings, and legal and regulatory approvals, including approval from Brazil?s Administrative Council for Economic Defense ? CADE.

XP Finanças Assessoria Financeira and Citigroup Global Markets Brasil CCTVM as financial advisors and Pinheiro Neto Advogados as legal advisor to Enauta Participações. Banco Itaú BBA S.A. and Banco BTG Pactual S.A. acted as financial advisors, Spinelli Advogados, Mattos Filho, Veiga Filho, Marrey Jr. and Quiroga Advogados are acting legal advisors to 3R Petroleum Óleo e Gás.