Afya reported that Stella Caldeira Brant Rodrigues Alves, a vice president, filed an initial statement of beneficial ownership. She reported direct ownership of 39,140 Class A common shares. She also reported stock options covering 20,000 Class A common shares with an exercise price of BRL 63. She also reported stock options covering 20,000 Class A common shares with an exercise price of BRL 52. She also reported restricted stock units covering 17,600 Class A common shares.

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