WEG S A : Minutes of the Metting of the Board of Directors - 1,080

WEG S.A.

GRUPO WEG

A PUBLICLY LISTED COMPANY

CNPJ nº 84.429.695/0001-11

Av. Prefeito Waldemar Grubba, 3.300

Jaraguá do Sul - Estado de Santa Catarina

NIRE 42300012203

MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS No. 1,080

On March 19, 2024, the members of the board of directors, summoned by the chairman Mr. Décio da Silva, met at the company headquarters in order to deliberate:

1. Approved by unanimous vote, as based on the estimated financial statements of March 31, 2024,

to distribute interests on stockholders equity to the total amount of R$ 242,343,339.89, corresponding to R$ 0.057764706 per share or, after the 15% withholding income tax, as established on the second paragraph of article 9 of law 9.249/1995, corresponding R$ 0.049100000 per share, based on the equity position on March 22, 2024, the shares being considered "ex-interests on stockholders equity" from March 25, 2024. The entities that are exempt from the previously mentioned taxation shall receive the total gross amount. Interests on stockholders equity, according to article 37 of WEG's by-laws and article 9 of law 9.249/1995, are allotted to the obligatory dividends. Interest on stockholders' equity was calculated after the deduction of 1,964,872 shares held in treasury to a total of 4,195,353,126 shares. The date of credit will be on March 22, 2024, and the payment to shareholders will begin on August 14, 2024.

1. Approved by unanimous vote, the call notice and the manual for shareholders participation, related to the Extraordinary and Ordinary General Meeting, to be held on April 23, 2024.
2. Approved by unanimous vote, the compensation of the members of the Audit Committee.
3. Approved by unanimous vote, in compliance with item j of Article 22 of the Company's Bylaws, to authorize the Company to provide a collateral signature, surety, and other guarantees in favor of its subsidiary WEG Equipamentos Elétricos S.A, referring to the contracting of financing in the BNDES Exim line, with the following characteristics:
   Total Amount: Up to R$150,000,000.00
   Period: Up to 18 months
4. Approved by unanimous vote, in compliance with item i and j of Article 22 of the Company's Bylaws, to authorize the Company to provide a collateral signature, surety, and other guarantees in favor of its South African subsidiaries, arising from credit agreements entered into with authorized financial agents, with the following characteristics:
   Total Amount: ZAR 785,000,000.00
   Borrower: WEG Africa Proprietary Limited; WEG Africa (Pty) Ltd.; WEG Group Africa Proprietary Limited e subsidiárias; WEG South Africa (Pty) Ltd.; WEG Group Africa (Pty) Ltd.; among other subsidiaries that may adhere to the aforementioned credit agreement.
   Period: Indeterminado

Being this all that there was to be decided upon, the chairman thanked all the present members and ended the meeting. Jaraguá do Sul (SC). Signed: Décio da Silva. Chairman of the board of directors. Nildemar Secches. Vice-chairman of the board. Sérgio Luiz Silva Schwartz. Martin Werninghaus. Dan Ioschpe. Siegfried Kreutzfeld. Tânia Conte Cosentino. This is a true copy of the minute transcribed on pages 78-79in the minutes' book No. 29.

DÉCIO DA SILVA

Chairman of the Board of Directors