Zenvia signs agreement with stakeholders to address funding gap

Zenvia has entered into agreements with a group of stakeholders aimed at addressing its existing funding gap. These transactions include: agreements with banks for extension of short-term debt, in the total outstanding amount of approximately BRL100M. Payment terms were extended to a total of 36 months, including a 6-month grace period and 30 monthly payments, with final maturity in December 2026; renegotiation of Movidesk’s earnout, in the total outstanding amount of approximately BRL 207M – payment terms were extended to a total of 60 months, with final maturity in December 2028; renegotiation of D1’s earnout, in the total outstanding amount of approximately BRL20M – payment terms were extended to a total of 36 months, with a 6-month grace period and 30 monthly payments, with final maturity in December 2026; and issuance of 8,860,535 Class A common shares to be acquired by Cassio Bobsin, Zenvia’s founder & CEO via Bobsin Corp, for the price of $1.14 per Class A common share, representing a total investment of approximately BRL50M in Zenvia. For a period of 3 years from the closing date of the investment, Bobsin will be entitled to receive additional cash or equity returns on its investment upon the occurrence of certain future liquidity or corporate transaction events.