• Morgan Stanley reduced its Construtora Tenda stake to 4.88%, or 5,978,000 common shares, on November 12, 2026, through spot-market transactions.
• The investor does not intend to change the company's control or management structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Construtora Tenda SA published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.