Azul S.A. has established a Special Independent Committee to oversee its restructuring process, as outlined in its internal regulations. The Committee's primary objective is to assist the Board of Directors in supervising and monitoring the Chapter 11 proceeding, ensuring it is fair and in the best interests of the company and its stakeholders. The Committee is tasked with evaluating and negotiating the terms of the Chapter 11 process, managing any financing or equity investments, and overseeing the Restructuring Representative and legal advisors. The Committee reports directly to the Board of Directors, recommending actions and strategies related to the reorganization of Azul S.A. and its controlled entities.