Listing Fees

Analysis fee and annual fee

¹Share capital on December 31 every year, which will be the base for calculating the Annual Fee for the following calendar year. The amount of the Annual Fee – Basic Package (AN) may not exceed BRL 1,500,000.00 for listed companies.

²The companies listed on B3 will be automatically encompassed in the Premium Package with the promotional value of BRL 100,000.00 for 2026, with a change accepted to the package with no liens, up until January 15, 2026. After that date there will be no refund of the amount paid. Access to the solutions contracted in the Premium Package will be granted after the pertinent documentation has been signed

³Net equity to be calculated on December 31 every year, which will serve as a basis for charging the Annual fee for the following calendar year. Cap: BRL 17,912.89. Floor: BRL 6,997.22

The following actions are included in the annual fee, on which no Corporate Actions Fee will be charged: (i) dividends, interest on equity and earnings; (ii) amortization (except for full amortization), interest, inflation adjustments and premiums; (iii) return of capital, in cash and with no reduction in the number of shares; (iv) mandatory stock conversion; (v) stock splits; (vi) reverse splits; (vii) capital refunds; (viii) dissent and (ix) distance voting.

The services included in the Basic and Premium packages differ as follows:
• Basic Package: includes all of the services that B3 provides to maintain the listing of the companies, which do not have an individual charge or which are not included in the Premium Package.
• Premium Package: includes all of the services of the Premium Package, as well as additional ones, detailed in specific commercial material and/or on the B3 website and /or at the B3 Way platform.

Incentive Policies

• Exemptions from Listing Analysis Fee
• The following are exempted from the Listing Analysis Fee:
  • Municipalities that request the admission for trading of Additional Construction Potential Certificates (CEPAC);
  • Issuers that are listed on an organized OTC market and migrate to the exchange market, or vice-versa;
  • Issuers that request listing and simultaneously apply for admission to an access segment operated by B3;
  • Depository institutions with an Unsponsored Level I BDR program substituted owing to cancellation of trading in the security underlying the originally listed Unsponsored Level I BDR in the country of origin;
• Exemption from Annual Fee
• Payment of the Annual Fee is waived only for the following issuers:
  • Amazon Investment Fund (Finam), Northeast Investment Fund (Finor), Espírito Santo Development Fund (Fundes), Sector Investment Fund (Fiset), Equity Funds – Access Market (FMA), and municipalities that issue CEPACs.);
  • Listed securitization companies with securities admitted to trading on OTC B3;
  • Companies that are simultaneously:
    • listed and registered with CVM under category “A” or “B";
    • exclusively trading fixed-income securities;
    • with securities listed and admitted to trading on OTC B3.
    • in case one of the above criteria is not comply, the annual fee for companies will be charged.
• Annual fee discount for CMP
• The new companies that list on B3 and join the “Regime Fácil” simplified system will benefit from a discounted Annual Fee – Basic Package (AN), in accordance with the following table.

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• Discounts will apply for 36 months following grant of listing and will take effect in the first year (12 months) of listing on a prorated monthly basis.
• The discount in question will not apply to those companies that are already listed and migrate to the “Regime Fácil”.
• In the case of severance from the “Regime Fácil”, the company will owe the Annual Fee with no discounts as of the month following that of the severance, taking into consideration for calculation purposes its registered share capital when it begins trading without the CMP classification.

For more information about Fee Policy for Issuers and Public Offerings: Circular Letter