Two tax incentives stand out at Norte Energia. The main one comes from the profit from exploration that is granted by the Superintendence for the Development of the Amazon (Sudam). Since 2018, the use of this mechanism has saved the company BRL193,541 million. The other incentive, which has a low impact on our financial results but is quite significant for local populations, is the State Program for Cultural Incentive (Semear), through which the government of Pará stimulates cultural and artistic production. The tax incentive converts a portion of the sponsorship value into ICMS credits. Based on this initiative, we sponsor cultural events in our area of operation – which, in the last four years, totaled BRL1,245,295, an amount that converted into BRL1,153,034 in credits from the Tax on Circulation of Goods and Provision of Services (ICMS). In 2023, the company used BRL331,142.42 in ICMS credits resulting from the tax benefit of the Semear Program. The values used in the year refer to the sponsorship carried out at the VI and VII Transamazônica Song Festival (Fecant) in 2021 and the Fecant Community in 2022.
In 2023, no financial support was received from the government.