<SEC-DOCUMENT>0001554855-22-000208.txt : 20220414
<SEC-HEADER>0001554855-22-000208.hdr.sgml : 20220414
<ACCEPTANCE-DATETIME>20220413200645
ACCESSION NUMBER:		0001554855-22-000208
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220413
FILED AS OF DATE:		20220414
DATE AS OF CHANGE:		20220413

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ULTRAPAR HOLDINGS INC
		CENTRAL INDEX KEY:			0001094972
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14950
		FILM NUMBER:		22825759

	BUSINESS ADDRESS:	
		STREET 1:		AV BRIGADERIO LUIZ ANTONIO 1343
		STREET 2:		9 ANDAR SAO PAULO
		CITY:			SP BRAZIL 01350-900
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>MainDocument.htm
<DESCRIPTION>6-K
<TEXT>
<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="width: 8.5in; margin: 0 auto;">
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">U</font><font style="font-size: 12.5pt; font-weight: bold;">NITED STATES</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">Washington, D.C. 20549</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" width="100%" style="letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 5.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 192.75pt; border-top: 1px solid #000000; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 15pt; font-weight: bold;">Form 6-K</font></p>
</td>
</tr>

</table>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">Report of Foreign Private Issuer</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">Pursuant to Rule 13a-16 Or 15d-16 Of</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">The Securities Exchange Act Of 1934</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">For the month of<font>&nbsp;</font></font><font style="font-size: 9pt;">April</font><font style="font-size: 9pt;"><font>&nbsp;</font>20</font><font style="font-size: 9pt;">2</font><font style="font-size: 9pt;">2</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">Commission File Number: 001-14950</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 14.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 14.5pt; font-weight: bold;">ULTRAPAR HOLDINGS INC.</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-bottom: 1pt solid #000000; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;">(Translation of Registrant&#8217;s Name into English)</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">Brigadeiro Luis Antonio<font>&nbsp;</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 12px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Avenue</font>, 1343, 9</font><font style="font-size: 6pt; font-weight: bold; vertical-align: super;">th</font><font style="font-size: 9pt; font-weight: bold;"><font>&nbsp;</font></font><font style="font-size: 9pt; font-weight: bold;">Floor</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">S&#227;o Paulo, SP, Brazil 01317-910</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; border-bottom: 1pt solid #000000; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;">(Address of Principal Executive Offices)</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">Form 20-F ____</font><font style="font-size: 9pt; text-decoration: underline;">X</font><font style="font-size: 9pt;">____<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">Form 40-F ________</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">Yes ________<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">No ____</font><font style="font-size: 9pt; text-decoration: underline;">X____</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">Yes ________<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font><font style="font-size: 9pt;">No ____</font><font style="font-size: 9pt; text-decoration: underline;">X____</font></p>
</div>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt; text-decoration: underline;"><br></font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; text-align: center;"><font style="font-size: 9pt; text-decoration: underline;"><br></font></p>
<br></div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p><br></p>
<div style="width: 8.5in; margin: 0 auto;">
<p align="center" style="text-align: center; margin: 0cm 0cm 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><b><font lang="EN-US" style="font-size: 13.0pt; line-height: 115%; font-family: 'Century Gothic','sans-serif'; mso-bidi-font-family: '26nbvtokfgfhjcu\,Bold'; mso-ansi-language: EN-US;">ULTRAPAR HOLDINGS INC.</font></b></p>
<p align="center" style="text-align: center; margin: 0cm 0cm 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><b><font lang="EN-US" style="font-size: 13.0pt; line-height: 115%; font-family: 'Century Gothic','sans-serif'; mso-bidi-font-family: '26nbvtokfgfhjcu\,Bold'; mso-ansi-language: EN-US;">TABLE OF CONTENTS</font></b></p>
<p align="center" style="text-align: center; margin: 0cm 0cm 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><b><font lang="EN-US" style="font-size: 13.0pt; line-height: 115%; font-family: 'Century Gothic','sans-serif'; mso-bidi-font-family: '26nbvtokfgfhjcu\,Bold'; mso-ansi-language: EN-US;"><br></font></b></p>
&#8203;&#8203;
<table cellpadding="0" cellspacing="0" border="0" style="height: 20px; width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 10px;">
<td style="width: 99.8387%; height: 10px;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="TOC"></a>
<p style="margin: 0cm 0cm 10pt; line-height: 115%; font-size: 11pt; font-family: Calibri, 'sans-serif';"><b><u><font lang="EN-US" style="font-family: 'Century Gothic','sans-serif'; mso-bidi-font-family: '26nbvtokfgfhjcu\,Bold'; mso-ansi-language: EN-US;">ITEM</font></u></b></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 99.8387%; height: 10px; padding-left: 30px;"><a href="#BXAXD_SD2H9MN7C000000000000000000000">1. Minutes of the Annual and Extraordinary General Shareholders&#8217; Meeting held on April 13, 2022</a></td>
</tr>

</table>
<div><br></div>
</div>
<div>
<table style="width: 100%;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<br></div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="width: 8.5in; margin: 0 auto;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 8pt;">(<a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="BXAXD_SD2H9MN7C000000000000000000000" class="customBookmark">Minutes</a> of </font><font style="font-family: 'Century Gothic'; font-size: 8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 8pt;">Annual and Extraordinary </font><font style="font-family: 'Century Gothic'; font-size: 8pt;">General Shareholders&#8217; </font><font style="font-family: 'Century Gothic'; font-size: 8pt;">Meeting of Ultrapar Participa&#231;&#245;es S.A.,</font><font style="font-family: 'Century Gothic'; font-size: 8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 8pt;">held on April 14, 2021)</font></p>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 12pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 201.9pt;">
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">CNPJ No. 33.256.439/0001- 39</font></h1>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 201.95pt;">
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt 59.9pt 0pt 10.75pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">NIRE 35.300.109.724</font></h1>
</td>
</tr>

</table>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 10pt;">&nbsp;</font></p>
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Minutes of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Annual </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Extraordinary </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">General Shareholders&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Meeting </font></h1>
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Held on April </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">13, 2022</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;"> </font></h1>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Date, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Time,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> and </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Location</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">April </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">13, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2022,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> at 2</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:00</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> p.m., exclusively by digital means, under the term</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of article 4, paragraph 2, item I and article 21-C, paragraphs 2 and 3 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Instruction of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic;">Comiss&#227;o de Valores Mobili&#225;rios</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (&#8220;CVM&#8221;) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 481 of December 17, 2009, as amended (&#8220;ICVM 481&#8221;). Under the term</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of article 4, paragraph 3 of ICVM 481, this </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Annual </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Extraordinary </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">General Shareholders&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Meeting of Ultrapar Participa&#231;&#245;es S.A. (&#8220;Meeting&#8221; &#8220;and &#8220;Company&#8221;, respectively) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">was</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">considered as held </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">at</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Company&#8217;s headquarters,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">located at </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Av. Brigadeiro Lu&#237;s Ant&#244;nio, n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 1</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">343, 9</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">th</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">floor</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">C</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ity </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">S</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">tate of S&#227;o Paulo, Zip code 01317-910.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Attendance</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">t the Annual General </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#8217; Meeting, shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">representing </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">74.7%</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> of</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the capital stock </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> and at the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Extraordinary </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">General Shareholders&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Meeting</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> representing </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">74.8% </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the capital stock </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> as per electronic system log of virtual attendance made available by the Company, under the terms of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">article</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> 21-V, item III of ICVM 481 or </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">through the remote voting ballot</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, pursuant to</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> article 121, sole paragraph of Law 6,404/76 and ICVM 481. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Were </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">also</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">present: (I) </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Chairman and </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vice</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">-</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Chairman of the Board of Directors of the Company, Messrs. Pedro Wongtschowski and </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Frederico Pinheiro Fleury Curado</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, respectively; (ii) the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">C</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">hief </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">F</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">inancial and Investor Relations </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">O</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">fficer </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Mr.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Rodrigo de Almeida Pizzinatto; (iii)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Risk and Audit Commit</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">t</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ee coordinator, Mr</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">. </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Ana Paula Janes Vescovi</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">; (iv) </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> members, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Messrs. </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fl&#225;vio C&#233;sar Maia Luz </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and William Bezerra Cavalcanti Filho; and (v) Mr. Marcio Serpejante Peppe, enrolled in CRC under No. 1SP233011/O-8, representing KPMG Auditores Independentes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">independent auditors of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"><br></font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Publication</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; text-decoration: underline;">Call </font><font style="font-family: 'Century Gothic'; font-size: 10pt; text-decoration: underline;">Notice</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">: </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Published </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in the newspapers &#8220;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Valor Econ&#244;mico</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8221;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, both printed and online versions,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> on March </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">14, 15 and 16</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2022, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">i</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n compliance with article</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">124 and 289</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of the Brazilian Corporate Law, as amended</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; text-decoration: underline;">Notice to Shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">: </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Publishment d</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ismissed</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> considering</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the publication of document</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> referred on </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">133 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian Corporate Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">newspapers </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8220;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Valor Econ&#244;mico</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8221;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, on February </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">25, 2022</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">under special chapter</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">on page</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">B5 to B7</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, in compliance with article</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 124 and 289,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of the Brazilian Corporate Law, as amended</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Chairman and Secretary of the Meeting</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">Chairman - Luiz Antonio de Sampaio Campos.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">Secretary - Andr&#233; Brickmann Areno.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Agenda</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">As per published </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Call </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Notice.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Discussed and approved matters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">1. After </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">reading </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">summary voting map with the votes cast</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ed</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">through remote voting ballot, considering </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">mo</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">st</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">recent share</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> position</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Company&#8217;s book, which </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">was displayed to the shareholders,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> under the terms of paragraph 4 of article 21-W of ICVM 481, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">it </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">was dismissed, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">by unanimous vote of the shareholders </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">present</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">reading</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of documents </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">related</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> to the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">agenda of this Shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Meeting</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, once </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">they are fully</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> known by the shareholders. Forthwith, also </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">by unanimous vote of the shareholders present</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, it was approved the issuance of this minutes as a summary, as per </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">130, paragraph 1 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian Corporate </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, and it was authorized its publication </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">omitting</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">signatures,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> as per paragraph 2 </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the same article</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">T</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">he vot</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ing instructions</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> received </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">at the Meeting</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">w</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ere </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">duly filled </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">at the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8217;s headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"><br></font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">At the Annua</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">l</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">General </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Shareholders&#8217; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Meeting:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">2. Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Exhibit I of the minutes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> without those which were legally hindered, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the Management Report </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">annual </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">accounts</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">F</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">inancial </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">S</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">tatements </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and its notes duly accompanied with independent auditor and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Fiscal Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">reports</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> related to the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">fiscal year</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> ended on December 31, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2021</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="line-height: 18pt; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">3. Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the minutes, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">net income allocation for the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">fiscal year</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ended on December 31, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2021</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, in the amount of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ 850,463,948.89 (eight hundred and fifty million, four hundred and sixty-three thousand, nine hundred and forty-eight Reais and eighty-nine cents of Real)</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, as described </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">below</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">: </font></p>
<p style="line-height: 18pt; margin: 0pt 0pt 0pt 0.2pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 53.25pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ 42,523,197.44 (forty-two million, five hundred and twenty-three thousand, one hundred and ninety-seven Reais and forty-four cents of Real) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">will be allocated to the legal reserve</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 53.25pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ 403,970,375.73 (four hundred and three million, nine hundred and seventy thousand, three hundred and seventy-five Reais and seventy-three cents of Real) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">will be allocated to</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the statutory</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> reserve for </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">investments</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 53.25pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ 403,970,375.73 (four hundred and three million, nine hundred and seventy thousand, three hundred and seventy-five Reais and seventy-three cents of Real) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">w</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ere</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> allocated for payment of dividends to shareholders which hold common </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">hares</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of which (i) R$218,073,611.40 (two hundred and eighteen million, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">seventy three thousand, six hundred and eleven Reais and forty cents of Real) was paid as interim dividends as approved by the Board of Directors August 11, 2021</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, in the proportion </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of R$0.20 (twenty cents of Real) per share</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">; and (ii) R$185,896,764.33 (one hundred and eighty five million, eight hundred and ninety six thousand, seven hundred and sixty four Reais and thirty three cents of Reais)</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, were paid </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">to shareholders as dividend&#8217;s remaining balance, as from March 11, 2022</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">as approved by the Board of Directors February 23, 2022</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> in the proportion of R$0.17040 per share</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.&nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="line-height: 18pt; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">4. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Exhibit I of the minutes, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">maximum </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">global annual amount for compensation to the managers of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, for the period between May 2022 and April 2023,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> in </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">95</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,000,000.00 (</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ninety-five</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> million Reais) under the terms of Management Proposal, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">disclos</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ed to </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the market and filed </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">at</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8217;s headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font></p>
<p style="line-height: 18pt; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="line-height: 18pt; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">5</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Upon</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the request for installation of the Fiscal Council made</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">a </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">shareholder which hold</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">more than </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2% (two percent) of Company&#8217;s shares with voting right, under the terms of article 161 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian Corporate Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> and CVM Instruction </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">324/00, it was approved by the majority of votes, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I of the minutes, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the election of the following </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">effective</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and alternate members of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Fiscal Council,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">with term of office </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">until the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Annual </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">General</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Shareholders&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Meeting of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">2023</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">that </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">will </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">examine the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> documents referred to article 133, of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian Corporate Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, referred to the ongoing fiscal year</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font><br><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">FL&#193;VIO C&#201;SAR MAIA LUZ</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">effective</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">member)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian, married, engineer, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">enrolled</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> on CPF/ME (Taxpayers&#8217; Identification) under </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 636.622.138-34, resident and domiciled on</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Alameda Canad&#225;, n&#186; 162, Alphaville 2, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">City of Barueri, State of S&#227;o Paulo</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> </font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">M&#193;RCIO AUGUSTUS RIBEIRO </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">(alternate member), Brazilian, married, engineer, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">enrolled</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> on CPF/ME (Taxpayers&#8217; Identification) under </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 006.211.088-80, resident and domiciled on Alameda Canad&#225;, n&#186; 43,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> in the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> City of Vinhedo, State of S&#227;o Paulo;</font></li>
</ul>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="margin: 0pt 0pt 0pt 35.4pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">GERALDO TOFFANELLO</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">effective</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> member)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian, married, accountant, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">enrolled</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> on CPF/ME (Taxpayers&#8217; Identification) under </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 075.257.060-72, resident and domiciled on</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Rua Carlos Trein Filho, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 1.171, apt. 701, in the City of Porto Alegre, State of Rio Grande do Sul</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> </font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">PEDRO OZIRES PREDEUS </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">(alternate member), Brazilian, married, accountant, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">enrolled</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> on CPF/ME (Taxpayers&#8217; Identification) under </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 005.474.508-00, resident and domiciled on Rua Marechal Hastimphilo de Moura, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 338-C, apt. 23-B, in the City and State of S&#227;o Paulo; </font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify; text-indent: 35.4pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">NILSON MARTINIANO MOREIRA</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">(</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">effective</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> member)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">divorc</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ed, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">banker and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">economist, enrolled on CPF/</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">MF</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (Taxpayers&#8217; Identification) under</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">583.491.386-53</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, resident and domiciled on </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">SQNW 111, Block B</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, apt. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">313</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Northwest sector,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> in the City </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of Bras&#237;lia, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">State of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Distrito Federal</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">; and</font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify; text-indent: -21.25pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 23.8pt; padding-left: 11.65pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">SANDRA REGINA DE OLIVEIRA </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">(alternate member)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian, single, statistician, enrolled on CPF/ME (Taxpayers&#8217; Identification) under </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 057.186.378-73, resident and domiciled on Rua das Ac&#225;cias, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 101/103, in the City and State of Rio de Janeiro.</font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="line-height: 18pt; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">6.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Approved by the majority of votes, without amendments or caveats, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I of th</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">is</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> minutes, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the compensation for </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">members</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> of the Fiscal Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> herein elected, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">provided that </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the member elected as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">president</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Fiscal Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> will </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">be entitled to </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">receive a monthly compensation of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">29,138.00</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (twenty-</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">nine</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> thousand, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">one</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> hundred</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> and</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">thirty-eight</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Reais) and the other </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">effective</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">members </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">will be entitled to </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">receive </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">a </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">monthly</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> compensation in the amount of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">R$ </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">19,425</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.00 (</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">nine</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">teen thousand</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">four</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> hundred</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> and twenty-five</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Reais).</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">At the Extraordinary Shareholder</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">M</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">eeting</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">7</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">. Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the minutes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">c</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">hange of the number of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">members that integrate the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> in this term of office, from 11 (eleven) to 10 (ten) members</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">8. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of th</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">is</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> minutes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> election of Mr. </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">Frederico Pinheiro</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> Fleury</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"> Curado</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, Brazilian, married, engineer, Identity</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Card RG under Nr. 15.227.738/SSP-SP and enrolled on CPF/ME under</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Nr. 267.002.121-20, with professional address at Brigadeiro Lu&#237;s Ant&#244;nio</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Avenue, Nr. 1,343, 9th floor, in the City of and State of S&#227;o Paulo, to act as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">member of the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, with</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> unified </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">mandate</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">term </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">along the other members of the Board of Directors, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">until the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> General Shareholders&#8217; Meeting of 2023, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">which will appreciate the documents referred to in art</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">icle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">133, of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Corporate Law, referring to the current fiscal year.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">9. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of th</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">is</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> minutes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the amendments to the Company&#8217;s Bylaws as detailed in the Management Proposal, as disclosed to the market on March 11, 2022, related to: (a) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">change in the percentage of independent members of the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, (b) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">change in the composition of the advisory committees of the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, (c) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">adaptation of the statutory devices applicable to the Audit and Risks Committee, in order to adapt it to the requirements of CVM Resolution 23/21; and</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (d) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">reduction of the percentage of net income to be allocated to the payment of mandatory dividends to shareholders, with the consequent adjustment in the percentage to be allocated to the investment reserve.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> The referred changes were included on the Exhibit II of this minutes. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">10. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the minutes,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ratification of the modification </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">number</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of common s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">hares</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">into </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">which </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">&#8217;s capital stock is divided</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">within</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the authorized limit provided in </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle 6 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Company&#8217;s Bylaws, due to partial </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">exercise of the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> subscription warrant</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> issued by the Company </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">as of</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> approval of the merger of</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> shares </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">issued by</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Imifarma Produtos </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Farnac&#234;uticos e Cosm&#233;ticos S.A. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">b</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">y the Company, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Extraordinary General </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Meeting held on January 31, 2014</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">As a consequence,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the Company&#8217;s capital stock</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> was ratified </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and is </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">represented by</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> 1,115,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">151,608</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> (one billion, one hundred </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">fifteen million, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">one hundred and fifty-one</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> thousand, six hundred</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> and</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">eight</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">) common </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">hares</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, all of them </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">nominative</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and without par value, as stated in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">5 of Company&#8217;s Bylaws.&nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">11. </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Approved</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> by the majority of votes, without amendments or caveats,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">according to the</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> voting map </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">attached as </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit I </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the minutes</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the consolidation of the Bylaws, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">under the terms of the Exhibit II, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in order to reflect the changes proposed in the items above.</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font></p>
<p style="font-size: 9pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: Arial; font-size: 9pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">General Notes and Closing</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">The </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Chairman of the Board registered that (i) the items of the Meeting were recorded, and such recordings will be filled in the Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, under the terms of article 21-E, sole paragraph, of ICVM 481; (ii) </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">voting instructions were received</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, includ</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ing the voting instruction of</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> The Bank of New York Mellon, as depositary of American Depositary Receipts, with the respective vote </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">cast</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, which are filed in the Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and will be attached to </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the present minutes; and (iii) after Chairman&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> request, none of the members wanted to change their vote instructions sent in the remote voting ballot.&nbsp;&nbsp; </font></li>
</ul>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">In compliance with article 21, paragraph 6 and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">30, paragraph 4 of ICVM 480, the total </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">votes of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">approval</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, rejection, and abstention computed in each item of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">a</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">genda </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">are included in</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Exhibit</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> I, which, for all effects, must be considered as integral part of the present minutes.</font></li>
</ul>
<p style="margin: 0pt 0pt 0pt 35.4pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 10pt; letter-spacing: 0.8pt; line-height: 18pt; margin: 0pt 0pt 0pt 27.6pt; padding-left: 8.4pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">The Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> member</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Fiscal Council </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">members herein elected, shall take the office in this date upon </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the signature</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of respective </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">deeds of investiture</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> filed </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">at</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, previously </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">consulted and have declared</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> that: (</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">i</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">) they are not hindered by any offence that prevent </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">them exercising any activities related to the office</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> which they were appointed; (ii) they do not hold </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">positions</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">in companies that should be considered competitors </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of the Company</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">; and (iii) they do not have </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">any </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">conflict </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">interest with the Company, according to </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">A</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">rticle </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">147 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Brazilian Corporate Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and CVM Instruction </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; vertical-align: super;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">367/02</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> which is also filed in the Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">headquarters</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">. The new members </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">declare to be</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> fully aware with corporate polices of the Company, including,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> the Material Notice</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> Disclosure </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Policy </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Securities Trading</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">Policy,</font></li>
</ul>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 12pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt;">As</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">there </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">w</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">ere</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">no further </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">matters </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">to be discussed, </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">M</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">eeting </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">was </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">concluded</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">and the</font><font style="font-family: Arial; font-size: 12pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">minutes were prepared, read, approved and duly signed by the participating shareholders</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">, both through digital platform and remote voting ballot</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> which are considered </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">signatory to this</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> minutes</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt;"> under the terms of article 21-V, paragraph 1 and 2 of CVM Instruction No. 481. </font></p>
<div style="border-bottom-color: #000000; border-bottom-style: solid; border-bottom-width: 1.5pt; margin: 0pt;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; padding-bottom: 1pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">I</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> hereby</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> certify that this is a true copy of the minutes drawn up in </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">own</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> book.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">ANDR&#201; BRICKMANN ARENO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Secretary of the Meeting</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;"><br></font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 201.9pt;">
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">CNPJ No. 33.256.439/0001- 39</font></h1>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 201.95pt;">
<h1 style="font-size: 10pt; line-height: 150%; margin: 0pt 59.9pt 0pt 10.75pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">NIRE 35.300.109.724</font></h1>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">SHAREHOLDERS PRESENT BY DIGITAL MEANS, UNDER ARTICLE 21-V, PARAGRAPH 1ST OF CVM INSTRUCTION 481:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ULTRA SA PARTICIPACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PARTH DO BRASIL PARTICIPACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CHRISTY PARTICIPACOES LTDA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BETTINA IGEL HOFFENBERG</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JENNINGS LUIS IGEL HOFFENBERG</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PEDRO IGEL DE BARROS SALLES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FREDERICO PINHEIRO FLEURY CURADO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WILLIAM BEZERRA CAVALCANTI FILHO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ANA PAULA SANTORO CORIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ANDRE LUIZ PEDRO BREGION</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HELANO PEREIRA GOMES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JULIO CESAR NOGUEIRA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LUCIANA DOMAGALA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MARCELLO DE SIMONE</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MIGUEL ROTHMANN JARROS</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ROBERTO KUTSCHAT NETO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RODRIGO DE ALMEIDA PIZZINATTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">TABAJARA BERTELLI COSTA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PATRIA PRIVATE EQUITY VI FIP MULTIESTRATEGIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PATRIA PIPE MASTER FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PATRIA PIPE FIFE PREVIDENCIA MULTIMERCADO FUNDO DE INVESTIME</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AXA OR ET MATIERES PREMIERES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BEST INVESTMENT CORPORATION</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IT NOW IBOVESPA FUNDO DE INDICE</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IT NOW IGCT FUNDO DE INDICE</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU ACOES DIVIDENDOS FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU FTSE RAFI BRAZIL 50 CAPPED INDEX FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU GOVERNANCA CORPORATIVA ACOES - FUNDO DE INVESTIMENTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU HEDGE MULTIMERCADO FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU IBOVESPA ATIVO MASTER FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU INDEX ACOES IBOVESPA - FUNDO DE INVESTIMENTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU INDEX ACOES IBRX - FUNDO DE INVESTIMENTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ITAU PREVIDENCIA IBRX FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AMUNDI INDEX SOLUTIONS</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL MULTI-FACTOR EQUITY FUND</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BANK OF NEW YORK ADR DEPARTMENT</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CAIXA DE PREVID&#202;NCIA DOS FUNCION&#193;RIOS DO BANCO DO BRASIL (PREVI)</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB CAP IBOVESPA INDEXADO FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB ECO GOLD FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TOP ACOES DUAL STRATEGY FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB ZACK FUNDO DE INVESTIMENTO MULTIMERCADO CREDITO PRIVADO L</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB ETF IBOVESPA FUNDO DE INDICE</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TOP ACOES ASG BRASIL FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TOP ACOES IBOVESPA INDEXADO FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TOP ACOES IBOVESPA ATIVO FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB CAP ACOES FUNDO DE INVESTIMENTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TERRA DO SOL FUNDO DE INVESTIMENTO MM CREDITO PRIVADO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BRASILPREV TOP A FUNDO DE INV DE ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB PREVIDENCIA ACOES IBRX FUNDO DE INVESTIMENTO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB ACOES GOVERNANCA FI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BB TOP MULTIMERCADO ASG FUNDO DE INVESTIMENTO LONGO PRAZO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">SHAREHOLDERS EXERCING THE VOTE BY THE REMOTE VOTING BALLOT </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">UNDER ARTICLE 21-F OF CVM INSTRUCTION 481:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ASCESE FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL I LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL III LLC</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL IX LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL V LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL VI LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL VIII LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL XV LP</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO COUGAR MASTER - FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DYNAMO BRASIL XIV LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BERGEN FIA - BDR N&#205;VEL I &#8211; IE </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SQUADRA MASTER LONG ONLY FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SQUADRA MASTER LONG BIASED FIA</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FPRV SQA SANHACO FIA PREVIDENCIARIO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SQUADRA HORIZONTE FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FUNDO DE INVESTIMENTO EM ACOES RVA EMB IV</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SQUADRA MASTER IVP FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SV2 EQUITY LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SV3 EQUITY LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SNAPPER EQUITY LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GROUPER EQUITY&nbsp; LLC</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MONTEIRO ARANHA S/A</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CLUBE DE INVESTIMENTO OMNI II</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GUEPARDO FI MULTIMERCADO LONGO PRAZO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GUEPARDO INSTITUCIONAL MASTER FUNDO DE INVESTIMENTO DE ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GUEPARDO MASTER FUNDO DE INVESTIMENTO EM ACOES</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GUEPARDO PREVIDENCIA FIFE FUNDO DE INVESTIMENTO MULTIMERCADO</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WELLINGTON MANAGEMENT FUNDS (IRELAND) PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL AND GENERAL ASSURANCE PENSIONS MNG LTD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK INSTITUTIONAL TRUST COMPANY NA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITY OF LOS ANGELES FIRE AND POLICE PENSION PLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CIBC EMERGING MARKETS INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DIMENSIONAL EMERGING MKTS VALUE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DOMINION RESOURCES, INC. MASTER TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMPLOYEES RET SYSTEM OF THE STATE OF HAWAII&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL TR COMPANY COMMINGLED E. B. F. T. R. L. D. I. S.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IBM 401 (K) PLUS PLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IRISH LIFE ASSURANCE PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LELAND STANFORD JUNIOR UNIVERSITY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LOCAL AUTHORITIES SUPERANNUATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MANAGED PENSION FUNDS LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORGES BANK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PACIFIC SELECT FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF NEW MEX&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PUBLIC EMPLOYES RET SYSTEM OF MISSISSIPPI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENTS INTERNATIONAL SHARES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSEL INVESTIMENT FUNDS NON.US. FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE ST GL ADV TRUST COMPANY INV FF TAX EX RET PLANS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PARAMETRIC TAX-MANAGED EMERGING MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">TEACHER RETIREMENT SYSTEM OF TEXAS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BARINGS E. M. U. FUND, SUB-FUND, THE BARINGS L. A. FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CONSULTING GROUP CAPITAL MKTS FUNDS EMER MARKETS EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE EMERGING M.S. OF THE DFA I.T.CO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MONETARY AUTHORITY OF SINGAPORE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD INVESTMENT SERIES PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE OF NEW JERSEY COMMON PENSION FUND D&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AEGON CUSTODY BV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SSGA MSCI BRAZIL INDEX NON-LENDING QP COMMON TRUST FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CAISSE DE DEPOT ET PLACEMENT DU QUEBEC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITY OF PHILADELPHIA PUB EMPLOYEES RET SYSTEM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">COMMONWEALTH OF PENNSYLV.PUB.SCHOOL EMP RET S&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENT COMPANY - RUSSELL I D MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET VARIABLE INSURANCE SERIES FUNDS, INC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLAKROCK GLOBAL ALLOCATION FUND INC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK ADVANTAGE GLOBAL FUND INC&nbsp;&nbsp;</font><br></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PANAGORA GROUP TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IN BK FOR REC AND DEV,AS TR FT ST RET PLAN AND TR/RSBP AN TR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE OF ALASKA RETIREMENT AND BENEFITS PLANS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE OF MINNESOTA STATE EMPLOYEES RET PLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">USAA INTERNATIONAL FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VKF INVESTMENTS LTD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WASHINGTON STATE INVESTMENT BOARD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENT COMPANY PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LOS ANGELES COUNTY EMPLOYEES RET ASSOCIATION&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GL ALLOCATION PORTFOLIO OF BLACKROCK SER FD, INC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GLOBAL ALLOC V.I. FD OF BLACKROCK VAR SER FDS, INC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NEW ZEALAND SUPERANNUATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FORD MOTOR CO DEFINED BENEF MASTER TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FORD MOTOR COMPANY OF CANADA, L PENSION TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INTERNATIONAL MONETARY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MUNICIPAL E ANNUITY A B FUND OF CHICAGO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SALT RIVER PIMA-MARICOPA INDIAN C&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BOARD OF.A.C.E.R.S.LOS ANGELES,CALIFORNIA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HOSPITAL AUTHRORITY PROVIDENT FUND SCHEME&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">UTAH STATE RETIREMENT SYSTEMS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SUPERANNUATION FUNDS MANAGEMENT CORPORATION OF S AUSTRALIA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BOARD OF PENSIONS OF THE EVANGELICAL LUTHERAN CHURCH IN AMER&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK VARIABLE INS TRUST INTERN EQUITY INDEX TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NTGI QUANTITATIVE MANAGEMENT COLLEC FUNDS TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSEL INVESTMENTS GLOBAL EQUITY POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE REGENTS OF THE UNIVERSITY OF CALIFORNIA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMER MKTS CORE EQ PORT DFA INVEST DIMENS GROU&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ALASKA PERMANENT FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITY OF NEW YORK GROUP TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK LIFE LIMITED - DC OVERSEAS EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GLOBAL FUNDS-GLOBAL ALLOCATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE SEVENTH SWEDISH NATIONAL PENSION FUND - AP7 EQUITY FUND&nbsp;&nbsp;</font><br></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WELLINGTON DIVERSIFIED INFLATION HEDGES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GLOBAL ALLOCATION FUND (AUST)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NTGI QM COMMON DAILY ALL COUNT WORLD EXUS EQU INDEX FD LEND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STANLIB FUNDS LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN EMERGING MARKETS EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KAISER FOUNDATION HOSPITALS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AXA ROSENBERG EQUITY ALPHA TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE NOMURA T AND B CO LTD RE I E S INDEX MSCI E NO HED M FUN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PARAMETRIC EMERGING MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ACTIVE M INTERNATIONAL EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CHEVRON UK PENSION PLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ALASKA COMMON TRUST FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI BRAZIL ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES II PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CHANG HWA COM BK LTD IN ITS CAP AS M CUST OF P LAT A EQ FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SUNSUPER SUPERANNUATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SPDR SP EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NEW YORK STATE TEACHERS RETIREMENT SYSTEM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE TEXAS EDUCATION AGENCY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">COUNTY EMPLOYEES ANNUITY AND BENEFIT FD OF THE COOK COUNTY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENT COMPANY GLOBAL EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK FUNDS II EMERGING MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK VARIABLE INS TRUST EMERGING MARKETS VALUE TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CCL Q INTERNATIONAL EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CANADA PENSION PLAN INVESTMENT BOARD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FUTURE FUND BOARD OF GUARDIANS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MOS FIA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IPROFILE INTERNATIONAL EQUITY PRIVATE POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NATIONAL COUNCIL FOR SOCIAL SECURITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IVESCO FTSE RAFI EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSEL OVERSEAS EQUITY POOL&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN TRUST INVESTIMENT FUNDS PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI BRIC ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PEOPLE S BANK OF CHINA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PUBLIC SECTOR PENSION INVESTMENT BOARD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">COLLEGE RETIREMENT EQUITIES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EATON VANCE INT (IR) F PLC-EATON V INT (IR) PAR EM MKT FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING PENSIOENFONDS UWV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL &amp; GENERAL INTERNATIONAL INDEX TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD TOTAL WORLD STOCK INDEX FUND, A SERIES OF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BANK OF NEW YORK MELLON EMP BEN COLLECTIVE INVEST FD PLA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INSTITUTIONAL FDS, LLC - RI EQUITY FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES III PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NTGI-QM COMMON DAC WORLD EX-US INVESTABLE MIF - LENDING&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AMERICAN HEART ASSOCIATION, INC.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CUSTODY BANK OF JAPAN, LTD. RE: EMERG EQUITY PASSIVE MOTHR F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BELLSOUTH CORPORATION RFA VEBA TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CENTRAL PROVIDENT FUND BOARD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PACIFIC SELECT FUND - PD EMERGING MARKETS PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING PGGM DEPOSITARY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ARIZONA PSPRS TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KAISER PERMANENTE GROUP TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET TRUST: FIDELITY SERIES G EX US I FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCHWAB EMERGING MARKETS EQUITY ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BANK OF N. Y. M. (INT) LTD AS T. OF I. E. M. E. I. F. UK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESCO MARKETS III PLC - INV FTSE RI EMERGING MARK U ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MASSMUTUAL SELECT BLACKROCK GLOBAL ALLOCATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CHANG HWA CO BANK, LTD IN ITS C AS M CUST OF N B FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">QSUPER&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BMO MSCI EMERGING MARKETS INDEX ETF&nbsp; &nbsp; &nbsp; &nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WELLINGTON TRUST COMPANY N.A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NTGI-QM COMMON DAILY EMERGING MARKETS EQUITY I F- NON L&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE HARTFORD GLOBAL REAL ASSET FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE HARTFORD INTERNATIONAL VALUE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">TIAA-CREF FUNDS - TIAA-CREF EMERGING MARKETS EQUITY I F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GENERAL GLOBAL EMERGING MARKETS INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CUSTODY B. OF J. LTD. RE: STB D. E. E. F. I. M. F.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CLARITAS LONG SHORT MASTER FUNDO INVESTIMENTO MULTIMERCADO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INSTITUTIONAL FUNDS PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BNYM MELLON CF SL EMERGING MARKETS STOCK INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SSGA MSCI ACWI EX-USA INDEX NON-LENDING DAILY TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DELA DEPOSITARY ASSET MANAGEMENT B.V.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PF INTERNATIONAL VALUE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">QIC INTERNATIONAL EQUITIES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIRST TRUST BRAZIL ALPHADEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SSGA SPDR ETFS EUROPE I PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ADVANCED SERIES TR - AST BLACKROCK GL STRATEGIES PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING PENSIOENFONDS ING&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EUROPEAN CENTRAL BANK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VERIZON MASTER SAVINGS TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK HEDGED EQUITY INCOME FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EATON VANCE TR CO CO TR FD - PA STR EM MKTS EQ COM TR FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VERDIPAPIRFONDET KLP AKSJE FREMVOKSENDE MARKEDER INDEKS I&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">TOTAL INTERNATIONAL EX U.S. I MASTER PORT OF MASTER INV PORT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI ACWI EX U.S. ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI ACWI ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NAT WEST BK PLC AS TR OF ST JAMES PL GL EQUITY UNIT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JNL/BLACKROCK GLOBAL ALLOCATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET T: FIDELITY E M INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET T: FIDELITY G EX U.S INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MIP ACTIVE STOCK MASTER PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AMF PENSIONSFORSAKRING AB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DWS ADVISORS EMERGING MARKETS EQUITIES-PASSIVE&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES EMERGING MARKETS FUNDAMENTAL INDEX ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VOYA EMERGING MARKETS INDEX PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD FUNDS PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAPAN, LTD. AS T. FOR MTBJ400045835&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MERCER QIF FUND PLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ONEPATH GLOBAL EMERGING MARKETS SHARES(UNHEDGED) INDEX POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SQUADRA TEXAS LLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">COMMONWEALTH SUPERANNUATION CORPORATION&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HAND COMPOSITE EMPLOYEE BENEFIT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FLEXSHARES MORNINGSTAR EMERGING MARKETS FACTOR TILT INDEX F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCHRODER EMERGING MARKETS FUND SUSTAINABLE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES CORE MSCI EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GLOBAL INDEX FUNDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK STRATEGIC FUNDS - BLACKROCK E M ABSOLUTE RETURN F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EVTC CIT FOF EBP-EVTC PARAMETRIC SEM CORE EQUITY FUND TR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PANAGORA DIVERSIFIED RISK MULTI-ASSET FUND, LTD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EQ/EMERGING MARKETS EQUITY PLUS PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCOTTISH WIDOWS INVESTMENT SOLUTIONS FUNDS ICVC- FUNDAMENTAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KAPITALFORENINGEN LAEGERNES PENSIONSINVESTERING, LPI AEM III&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GENERAL PENSION AND SOCIAL SECURITY AUTHORITY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CONNECTICUT GENERAL LIFE INSURANCE COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EXELON GENERATION COMP, LLC TAX QUALIFIED NUCLEAR DECOMM PAR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">QS INVESTORS DBI GLOBAL EMERGING MARKETS EQUITY FUND LP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCHWAB FUNDAMENTAL EMERG0ING MARKETS LARGE COMPANY INDEX ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CLINTON NUCLEAR POWER PLANT QUALIFIED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THREE MILE ISLAND UNIT ONE QUALIFIED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CCL Q GLOBAL EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL TRUST COMPANY COMMINGLED EMPLOYEE BENEFIT FUNDS T&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET IRELAND UNIT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DEUTSCHE X-TRACKERS MSCI ALL WORLD EX US HEDGED EQUITY ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">XTRACKERS (IE) PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">XTRACKERS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY INVESTMENT FUNDS FIDELITY INDEX EMERG MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAPAN, LTD. AS TR FOR MUTB400045792&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN TRUST COLLECTIVE ALL COUNTRY WORLD I (ACWI) E-U F-L&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN TRUST COLLECTIVE EMERGING MARKETS INDEX FUND-LEND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAPAN, LTD. TRUSTEE MUTB400045794&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ST STR MSCI ACWI EX USA IMI SCREENED NON-LENDING COMM TR FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SPDR MSCI EMERGING MARKETS STRATEGICFACTORS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAP, LTD. AS TR. FOR MTBJ400045828&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAP., LTD. AS TR. FOR MTBJ400045829&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB4000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NAT WEST BK PLC AS TR OF ST JAMES PL ST MANAGED UNIT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK A. M. S. AG ON B. OF I. E. M. E. I. F. (CH)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SSGA SPDR ETFS EUROPE II PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET GLOBAL ALL CAP EQUITY EX-US INDEX PORTFOLIO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GENERAL ORGANISATION FOR SOCIAL INSURANCE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GENERAL GLOBAL EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MOBIUS LIFE LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INTERNATIONAL EXPATRIATE BENEFIT MASTER TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WISDOMTREE ISSUER ICAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WISDOMTREE EMERGING MARKETS EX-STATE-OWNED ENTERPRISES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KBI DST EMERGING MARKET ESG FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INSTITUTIONAL FUNDS, LLC-RUSSELL GLOBAL EQUITY P F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MORGAN STANLEY INVESTMENT FUNDS GLOBAL BALANCED INCOME FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WILMINGTON MULTI-MANAGER ALTERNATIVES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SYNERGIE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">POOL REINSURANCE COMPANY LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GENERAL COLLECTIVE INVESTMENT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PIMCO EQUITY SERIES: PIMCO RAE EMERGING MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENT COMPANY RUSSELL TAX-MANAGED INTERNATIONAL&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PIMCO RAE EMERGING MARKETS FUND LLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AQR UCITS FUNDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESTERINGSFORENINGEN D. I. I. G. AC R. - A. KL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESTERINGSFORENINGEN D. I. I. G. E. M. R. - A. KL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET GLOBAL ADVISORS LUX SICAV - S S G E M I E FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET EMERGING MARKETS EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK STRATEGIC FUNDS - BLACKROCK SYSTEMATIC GLOBAL E F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE BOARD OF THE PENSION PROTECTION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WM POOL - EQUITIES TRUST NO. 75&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN TRUST UCITS FGR FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET TRUST: FIDELITY SAI EMERGING M I FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE STREET ICAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES ESG MSCI EM ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET T: FIDELITY TOTAL INTE INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NAVARRO 1 FUND LLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MACKENZIE MAXIMUM DIVERSIFICATION EMERGING MARKETS INDEX ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES IV PUBLIC LIMITED COMPANY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORDEA 2 SICAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DWS I. GMBH FOR DEAM-FONDS KG-PENSIONEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL &amp; GENERAL ICAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD INV FUNDS ICVC-VANGUARD FTSE GLOBAL ALL CAP INDEX F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MINISTRY OF ECONOMY AND FINANCE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK FUNDS II INTERNATIONAL STRATEGIC EQUITY ALLOCAT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESTORS WHOLESALE EMERGING MARKETS EQUITIES TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITITRUST LTD A T VANGUARD FDS SERIES VANGUARD INCOME FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITITRUST LTD A T VANG FDS S - VANGUARD MODERATE GROWTH FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CITITRUST LIM AS TR OF BLACK PREMIER FDS- ISH WOR EQU IND FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET TRUST: FIDELITY FLEX INTERNATIONAL IND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY SALEM STREET TRUST: FIDELITY INTERNATIONAL SUSTAINA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HIGHLAND PUBLIC INFLATION HEDGES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MORGAN STANLEY INVESTMENT FUNDS GLOBAL BALANCED DEFENSIVE FU&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MORGAN STANLEY INVESTMENT FUNDS GLOBAL BALANCED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES MSCI EMERGING MARKETS EX CHINA ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PIMCO EQUITY SERIES: PIMCO RAFI DYNAMIC MULTI-FACTOR EMERGIN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SPARTAN GROUP TRUST FOR EMPLYEE BENEFIT PLANS: SPARTAN EMERG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK CDN MSCI EMERGING MARKETS INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK GLOBAL ALLOCATION COLLECTIVE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CDN ACWI ALPHA TILTS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS ALPHA TILTS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS ALPHA TILTS FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS EQUITY INDEX MASTER FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS EQUITY INDEX ESG SCREENED FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS INDEX NON-LENDABLE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS INDEX NON-LENDABLE FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS ALPHA TILTS-ENHANCED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL ALPHA TILTS FUND A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL ALPHA TILTS FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL EX-US ALPHA TILTS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL EX-US ALPHA TILTS FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL ALPHA TILTS ESG NON-LENDABLE FUND B&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEITH WHEELER EMERGING MARKETS EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK ADVANTAGE E. M. FUND OF BLACKROCK FUNDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NEW SOUTH WALLES TR CORP AS TR FOR THE TC EMER MKT SHAR FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENT MANAGEMENT LTD AS TRUSTEE OF THE RUSSELL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GENERAL SCIENTIFIC BETA EMERGING MARKETS FUND, LLC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESCO PUREBETASM FTSE EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FRANKLIN LIBERTYSHARES ICAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE MASTER TRUST BANK OF JAPAN, LTD. AS TRU FO MTBJ400045849&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THE INCUBATION FUND, LTD.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FRANKLIN TEMPLETON ETF TRUST - FRANKLIN FTSE BRAZI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GEN FUTURE WRD CLIMATE CHANGE EQTY FACTORS IND FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD EMERGING MARKETS STOCK INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ABU DHABI RETIREMENT PENSIONS AND BENEFITS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MERCER EMERGING MARKETS SHARES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">COLONIAL FIRST STATE INVESTMENT FUND 50&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PARAMETRIC TMEMC FUND, LP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VARIABLE INSURANCE PRODUCTS FUND II: INTERNATIONAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DEUTSCHE ASSET MANAGEMENT S.A. FOR ARERO - DER WEL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESTERINGSFORENINGEN NORDEA INVEST EMERGING MKTS E. KL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MSCI EQUITY INDEX FUND B - BRAZIL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCRI ROBECO QI INST EMERG MKTS ENHANCED IND EQUITIES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SUNAMERICA SERIES TRUST SA EMERGING MARKETS EQUITY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MSCI ACWI EX-U.S. IMI INDEX FUND B2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LAERERNES PENSION FORSIKRINGSAKTIESELSKAB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDELITY CONCORD STREET TRUST: FIDELITY ZERO INT. INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESCO STRATEGIC EMERGING MARKETS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">WEST YORKSHIRE PENSION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES (DE) I INVESTMENTAKTIENGESELLSCHAFT MIT TG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FRANKLIN TEMPLETON ETF TRUST - FRANKLIN FTSE LATIN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ROBECO CAPITAL GROWTH FUNDS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LVIP SSGA EMERGING MARKETS EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">XTRACKERS MSCI EMERGING MARKETS ESG LEADERS EQUITY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AVIVA I INVESTMENT FUNDS ICVC - AVIVA I INTERNATIONAL I T F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DESJARDINS RI EMERGING MARKETS MULTIFACTOR - LOW C&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD FIDUCIARY TRT COMPANY INSTIT T INTL STK MKT INDEX T&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KRANESHARES MSCI EMERGING MARKETS EX CHINA INDEX E&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PINEHURST PARTNERS, L.P.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PHILADELPHIA GAS WORKS PENSION PLAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">FIDEICOMISO FAE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">PENSIOENFONDS WERK EN (RE)INTERGRATIE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">CHUBB CORPORATION MASTER RETIREMENT TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LVIP BLACKROCK GLOBAL ALLOCATION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MERCER UCITS COMMON CONTRACTUAL FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ABERDEEN INVESTMENT FUNDS UK ICVC II - ABERDEEN EM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AQR LUX FUNDS II - AQR STYLE PREMIA: ALL COUNTRY EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RBC QUANT EMERGING MARKETS EQUITY LEADERS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MERCER PRIVATE WEALTH INTERNATIONAL FOCUSED EQUITY POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp;&nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GOLDMAN SACHS ETF TRUST - GOLDMAN SACHS EMERGING M&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SPARTAN GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: SP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NATWEST TRUSTEE AND DEPOSITARY SERVICES LIMITED AS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ASSET MANAGEMENT EXCHANGE UCITS CCF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD F. T. C. INST. TOTAL INTL STOCK M. INDEX TRUST II&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES ESG MSCI EM LEADERS ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">THIRD AVENUE TRUST, ON BEHALF OF THIRD AVENUE VALUE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">GLOBAL ALL CAP ALPHA TILTS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLK MAGI FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">KAPITALFORENINGEN EMD INVEST, EMERGING MARKETS IND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MORGAN STANLEY INVEST. FUNDS G. BALANCED SUSTAINABLE FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LEGAL GENERAL CCF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING PENSIOENFONDS PGB&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK ADVANTAGE ESG EMERGING MARKETS EQUITY FUND OF BLAC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ARERO - DER WELTFONDS -NACHHALTIG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DIMENSIONAL EMERGING CORE EQUITY MARKET ETF OF DIM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">JOHN HANCOCK TRUST COMPANY COLLECTIVE INVESTMENT T&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORDEA EQUITY OPPORTUNITIES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NATIONAL EMPLOYMENT SAVINGS TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">DESJARDINS RI EMERGING MARKETS - LOW CO2 INDEX ETF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LGPS CENTRAL GLOBAL MULTI FACTOR EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">IMCO EMERGING MARKETS PUBLIC EQUITY LP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HSBC BANK PLC AS TRUSTEE OF STATE STREET AUT EMERG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">QIC LISTED EQUITIES FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESCO MSCI EMERGING MARKETS ESG UNIVERSAL SCREEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">RUSSELL INVESTMENTS CANADIAN DIVIDEND POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LGIASUPER TRUSTEE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MACQUARIE MULTI-FACTOR FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">MACQUARIE TRUE INDEX EMERGING MARKETS FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">INVESCO RAFI FUNDAMENTAL GLOBAL INDEX TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NORTHERN TRUST COLLECTIVE EMERGING MARKETS EX CHIN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">EMERGING MARKETS EX CHINA ALPHA TILTS - ENHANCED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font><br></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">LF WALES PP EMERGING MARKETS EQUITY FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">HARTFORD SCHRODERS DIVERSIFIED EMERGING MARKETS FU&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING JURIDISCH EIGENAAR ACHMEA INVESTMENT MAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ALLIANZ GL INVESTORS GMBH ON BEHALF OF ALLIANZGI-FONDS DSPT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AVIVA INVESTORS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">AVIVA LIFE PENSIONS UK LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BLACKROCK ASSET MANAG IR LT I ITS CAP A M F T BKR I S FD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ISHARES EMERGING MARKETS IMI EQUITY INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">H.E.S.T. AUSTRALIA LIMITED&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BUREAU OF LABOR FUNDS - LABOR PENSION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">BUREAU OF LABOR FUNDS - LABOR RETIREMENT FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SAS TRUSTEE CORPORATION POOLED FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SBC MASTER PENSION TRUST&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">SCHRODER INTERNATIONAL SELECTION FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE OF NEW MEXICO STATE INV. COUNCIL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STATE OF WYOMING&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD EMERGING MARKETS SHARES INDEX FUND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">VANGUARD TOTAL INTERNATIONAL STOCK INDEX FD, A SE VAN S F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">NEW YORK STATE COMMON RETIREMENT FUND&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">EXHIBIT I OF THE MINUTES OF </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">THE </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">ANNUAL AND EXTRAORDINARY </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">GENERAL </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">SHAREHOLDERS&#8217; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">MEETING HELD ON APRIL </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">13</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">2022</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold;">VOTING MAP</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">accordance </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">with CVM Instruction </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">n</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; letter-spacing: 0.8pt; vertical-align: super;">r</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> 480 of December 7, 2009, as amended, in particular in the article 21, paragraph 6, article 30, paragraph 4, the Company </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">informs the total number of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approvals</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, rejections, and abstentions of each </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">decision</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> taken:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">On </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Annual </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">General Meeting:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><br></p>
<ol type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vot</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">e on the</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> report and accounts of the Management, as well as the financial statements </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and its explanatory notes </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of the fiscal year ended on December 31, 2021, together with the report from the Independent Auditors and the report from the Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">:</font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">753,806,502 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">90.5%</font> of </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">present </font><font style="font-family: 'Century Gothic'; font-size: 10pt;">shareholder</font><font style="font-family: 'Century Gothic'; font-size: 10pt;">s</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">204,787</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: Tahoma; color: black; mso-themecolor: text1; letter-spacing: .8pt; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">78,818,278 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">9.5%</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 9pt; line-height: 150%; margin: 4pt 0pt 6pt 39.6pt; text-align: justify;"><br></p>
<ol start="2" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">allocation of net income for the fiscal year ended on December 31, 2021</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">under the terms of the Management</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Proposal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">:</font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">816,638,589 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.1%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.456.081 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.2%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,734,897 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<div>
<p><br></p>
</div>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><br></p>
<ol start="3" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the establishment of the Management's global compensation</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, under the terms of the Management Proposal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">:</font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">751,705,390</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: Tahoma; color: black; mso-themecolor: text1; letter-spacing: .8pt; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">90.3%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">23,450,274 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">2.8%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">57,673,903 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">6.9%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><br></p>
<ol start="4" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on the election of the members to the Fiscal Council and their respective alternates, under the terms of the Management Proposal:</font></li>
</ol>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Messrs. Fl&#225;vio Cesar Maia Luz (effective member) and M&#225;rcio Augustus Ribeiro (alternate member) </font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">816,325,965 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1,070,308 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.1%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">15,433,294 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.9%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Messrs. Geraldo Toffanello (effective member) and Pedro Ozires Predeus (alternate member) </font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: &quot;times new roman&quot;; font-size: 10pt; height: 54px; width: 100%;" width="100%">

<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">816,326,356</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: Tahoma; color: black; mso-themecolor: text1; letter-spacing: .8pt; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">98.0% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1,071,619 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.1%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">15,431,592</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: Tahoma; color: black; mso-themecolor: text1; letter-spacing: .8pt; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000;">1.9%</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 35.45pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Messrs. Nilson Martiniano Moreira (effective member) and Sandra Regina de Oliveira (alternate member) </font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: &quot;times new roman&quot;; font-size: 10pt; height: 54px; width: 100%;" width="100%">

<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">806,836,358 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">96.9% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">870,556 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.1% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid rgb(0, 0, 0); height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">25,122,653 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">3.0%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<div>
<p><br></p>
<br></div>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<ol start="5" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on to </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">establish </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the compensation to the members of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal Council</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> for the terms of office that begins in April 2022</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">:</font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">816,340,950 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">30,599 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">16,458,018 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">2.0%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">On Extraordinary General </font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">meeting: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<ol type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on the change of the number of members that integrate the Board of Directors: </font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,892,632 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">81,365 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,736,807 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><br></p>
<ol start="2" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Vote on the election of member of the Board of Directors: </font></li>
</ol>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">769,296,146 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">92.3%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">51,654,903 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">6.2% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">12,759,755 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.5%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><br></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ol start="3" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Resolution on the following amendments to the Company&#8217;s Bylaws as detailed in this Management Proposal: </font></li>
</ol>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">change in the percentage of independent members of the Board of Directors</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,934,719 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">40,736 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,735,349 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">change in the composition of the advisory committees of the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt; height: 54px; width: 100%;" width="100%">

<tr style="height: 20px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 20px; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 20px; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,942,551 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 17px; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 17px; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">31,727 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 17px; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; height: 17px; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,736,526 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">adaptation of the statutory devices applicable to the Audit and Risks Committee, in order to adapt it to the requirements of CVM Resolution 23/21: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,953,554 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2%</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">16,533 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0%</font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,740,717 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">reduction of the percentage of net income to be allocated to the payment of mandatory dividends to shareholders, with the consequent adjustment in the percentage to be allocated to the investment reserve: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 54pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,938,619 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">35,787 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,736,398 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<div>
<p><br></p>
<br></div>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ol start="4" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">To </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ratify the change in</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the number of common </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">shares into </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">which the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Company&#8217;s capital stock is divided</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, due to</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> partial </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">exercise of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">rights </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">conferred </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">by the subscription warrant issued by the Company </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">as of the approval of the merger of</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> shares </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">issued by</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Imifarma Produtos Farnac&#234;uticos e Cosm&#233;ticos S.A. </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">y the Company, approved by the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Extraordinary General Shareholders&#8217; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Meeting held on January 31, 2014:</font></li>
</ol>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,951,113 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">17,256 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,742,435 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;"> </font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<ol start="5" type="1" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; line-height: 150%; margin: 0pt 0pt 0pt 31.31pt; padding-left: 4.69pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Approval of the consolidation of the Bylaws, in order to reflect the changes proposed in the items above</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">: </font></li>
</ol>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px auto; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 11.95pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes in favor</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">818,963,842 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">98.2% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 13.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of votes against</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">11,729 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">0.0% </font> of present shareholders</font></p>
</td>
</tr>
<tr style="height: 7.6pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No. of abstentions</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 152.5pt; border: 1pt solid #000000;">
<p style="margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt;"> <font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">14,735,233 </font><font lang="EN-US" style="font-size: 10.0pt; font-family: 'Century Gothic',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1; mso-ansi-language: EN-US; mso-fareast-language: PT-BR; mso-bidi-language: AR-SA;">/ </font><font lang="EN-US" style="font-size: 10pt; font-family: 'Century Gothic', sans-serif; color: #000000; letter-spacing: 0.8pt;">1.8%</font> of present shareholders</font></p>
</td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;"><br></font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">BYLAWS</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER I</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Name, Headquarters, Purpose and Term</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 1.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company is an authorized capital company (</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic; letter-spacing: 0.8pt;">sociedade de capital autorizado</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">).&nbsp; The name of the Company is ULTRAPAR PARTICIPA&#199;&#213;ES S.A.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.&nbsp; The Company&#8217;s listing on the New Market (</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic; letter-spacing: 0.8pt;">Novo Mercado</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">) special segment of B3 S.A. &#8211; Brasil, Bolsa, Balc&#227;o (&#8220;B3&#8221;) subjects the Company, its shareholders including controlling shareholders, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">if</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> applicable, its management and members of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council, if installed, to the Regulations of the New Market of B3 (&#8220;New Market Regulation&#8221;). </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 2.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company&#8217;s headquarters and jurisdiction are located in the city of S&#227;o Paulo, State of S&#227;o Paulo.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 3.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The purpose of the Company is to invest its own capital in commerce, industry, agriculture and service provision, through the subscription or acquisition of shares or quotas of other companies.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 4.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company is organized for an indefinite term.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER II</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Capital Stock and Shares</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 5.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The subscribed and paid-in capital stock is R$ 5,171,751,608.08 (five billion, one hundred seventy-one million, seven hundred fifty-one thousand, six hundred and eight Reais and eight cents), represented by one billion, one hundred and fifteen million, one hundred and fifty one thousand, six hundred and eight (1,115,151,608) nominative common shares, with no par value, and with no issuance of preferred shares or founder&#8217;s shares permitted.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;1&nbsp;&nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">All of the Company shares are in book-entry form and held in a deposit account with a financial institution authorized by the Brazilian Securities and Exchange Commission &#8211; CVM, in the name of their holders, without certificates issued.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The transfer and record cost, as well as the cost of the services relating to the book-entry shares, may be charged directly to the shareholder by the bookkeeping institution, as set forth in the stock bookkeeping agreement.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 6.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Company is authorized to increase its capital stock up to the limit of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">one billion and six hundred million (1,600,000,000</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">) common shares, by resolution of the Board of Directors, notwithstanding any amendment to the Bylaws.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 7</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The subscription and payment of shares issued by the Company shall follow the criteria provided for in this Article:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a) up to the limit of the authorized capital, the issuance, amount, price and term for payment of the shares to be issued by the Company shall be provided for by the Board of Directors;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b) the resolution to increase the capital stock for payment in assets, other than monetary credits, may only be made at a Shareholders&#8217; Meeting; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c) upon the issuance of new shares, debentures convertible into shares or subscription warrants offered on a stock exchange, public subscription or share exchange in a tender offer for the acquisition of corporate control, the Board of Directors may waive the preemptive rights of the former shareholders or reduce the period for the exercise thereof.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 8.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company may grant stock options through stock option plans, approved by a Shareholders&#8217; Meeting, to </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the management and employees</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt; text-decoration: none;">Article 9.<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; text-decoration: none;">Each common share entitles the holder thereof to one vote for resolutions made at the Shareholders&#8217; Meetings.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER III</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Shareholders&#8217; Meetings</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 10.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The annual Shareholders&#8217; Meeting shall be called by the Board of Directors within the first four (4) months upon conclusion of the fiscal year and extraordinary meetings shall be held whenever the Company&#8217;s interest shall so require.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Documents pertaining to the matters to be deliberated upon at the Shareholders&#8217; Meetings shall be made available to the shareholders, at the Company&#8217;s headquarters, at the date of publication of the first call notice, except if a longer period for making such documents available is otherwise required by law or applicable regulations.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Shareholders&#8217; Meeting shall be presided over by the Chairman of the Board of Directors or by whom he/she may designate. In the absence of the Chairman and of his/her designation, the Shareholders&#8217; Meeting shall be presided over by the Vice-Chairman of the Board of Directors, or by whom he/she may designate. The chairman of the Meeting shall choose one of the attendees to act as secretary of the meeting.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The chairman of the Meeting shall have the exclusive power, in compliance with the rules provided for in these Bylaws, to conduct the election of the members of the Board of Directors, including any decision relating to the number of votes of each shareholder.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 11.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Before the Shareholders&#8217; Meeting is commenced, the shareholders in attendance, as duly identified, shall sign the &#8220;Shareholders Attendance Register&#8221;, which shall contain their names and the number of shares held by each of them.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The list of the attending shareholders shall be closed by the chairman of the Meeting at the time the Shareholders&#8217; Meeting is commenced.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> <font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The shareholders who appear at the Shareholders&#8217; Meeting after its commencement may take part in the meeting, however they shall not be entitled to vote on any resolution.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 12.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> At the Shareholders&#8217; Meeting, the Company and the presiding board shall comply with the following requirements for attendance, in addition to the procedures and requirements provided for by law:</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a) Up to forty-eight (48) hours prior to the Shareholders&#8217; Meeting: (i) all shareholders shall furnish to the Company a share statement issued by the bookkeeping institution or by the custodian institution, indicating the number of shares held by them of record no more than three (3) days prior to the Shareholders&#8217; Meeting; and (ii) the shareholders represented by proxies shall send to the Company the respective power of attorney;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b) The shareholders organized as investment funds shall send the Company, within the same period mentioned in item (a) above: (i) evidence of the capacity of fund manager conferred upon the individual or legal entity representing the shareholder at the Shareholders&#8217; Meeting, or the proxy granting such powers; (ii) the corporate action of the manager, in case it is a legal entity, granting powers to the representative attending the Shareholders&#8217; Meeting or to whom the power of attorney has been granted; and (iii) in the event the representative or proxy is a legal entity, the same documents referred to in (ii) of this item, as related thereto; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c) The documents referred to in the preceding items may be presented as copies, however the original documents referred to in item (a), shall be shown to the Company prior to the commencement of the Shareholders&#8217; Meeting, the signatures of which shall not need to be notarized; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">d) The Company shall adopt the principle of good faith in verifying the validity of the documents demonstrating the representative capacity of shareholder, and will presume the truthfulness of the credible statements made to it; however, the shareholders who fail to present the respective power of attorney granted to their representatives, or the custodian&#8217;s statement, in the event the shares are recorded as held with a custodian institution, shall be prohibited from participating in the meeting; and</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">e) In the event the shareholders who were present at the Shareholders&#8217; Meeting (i) were not duly represented; or (ii) did not hold the stated number of shares, the Company shall notify them that, regardless of a new Shareholders&#8217; Meeting, the Company shall disregard the votes of such shareholders, and they shall be liable for losses and damages arising from their acts.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 13.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Resolutions of the Shareholders&#8217; Meeting shall require a majority vote of the attendees, not taking into account blank votes, except as otherwise provided for by law or in the</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">se</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Bylaws.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 14.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Minutes of the Shareholders&#8217; Meetings shall be kept and signed by the presiding board of the meeting and by the attending shareholders.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 15.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Shareholders&#8217; Meeting shall determine the overall compensation of the members of the Board of Directors and of the executive officers.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors shall determine the compensation to be paid to the Chief Executive Officer and the other executive officers, consider</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ing</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the proposal of the People Committee, in accordance with the amount set forth at the Shareholders&#8217; Meeting, in the introductory paragraph of this Article and the competencies of the People Committee, as provided for in Article 41 herein.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The members of the Board of Directors and the executive officers are entitled to profit sharing, as provided for by law.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER IV</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Management &#8211; General Rules</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 16.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Company shall be managed by a Board of Directors and a Board of Executive Officers.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.&nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">commencement of the term</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of the directors and executive officers, which shall not require the posting of a bond, shall be contingent upon their </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">adhesion</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> to the Disclosure and Trading Policy adopted by the Company and execution of the respective</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> deed of investiture</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, which shall include consent to the contents of Article 52 hereof.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER V</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Board of Directors</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section I &#8211; Members</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 17.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors shall be comprised of at least five (5) and at maximum eleven (11) members, all of whom shall be elected and removable at the Shareholders&#8217; Meeting, for a unified term of two (2) years, with reelection being permitted.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The positions of Chairman of the Board of Directors and Chief Executive Officer </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">or principal executive of the Company </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">may not be held by the same individual.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors shall adopt Internal Bylaws that shall provide for, among other relevant matters, its own operation, and the rights and duties of its members, as well as their relationship with the Board of Executive Officers and other corporate bodies.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Observed</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the requirements set forth in the Company&#8217;s corporate policies, the only persons eligible for election to the Board of Directors, unless otherwise permitted by the Shareholders&#8217; Meeting, shall be those who, in addition to complying with legal and regulatory requirements and being of well-regarded reputation, do not hold any position in a company which may be considered a competitor of the Company or its controlled companies, and do not have, nor represent, a conflicting interest with the Company&#8217;s interest or those of its controlled companies; it shall be presumed that a person has a conflicting interest with the Company if, cumulatively: (i) he/she has been elected by a shareholder who has also elected a director in a competing company; and (ii) he/she has a subordinate relationship with the shareholder who elected him/her.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>Subject to the introductory paragraph of this Article, the number of members who will comprise the Board of Directors for each term of office shall be determined at each Shareholders&#8217; Meeting electing the members of the Board of Directors, and which must be submitted to a vote by the chairman of the Meeting.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 18.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors of the Company shall have, at least, one third (1/3) or 02 (two), whichever is higher, independent members, pursuant to the New Market Regulation, and the classification of the appointed members of the Board of Directors as independent Directors shall be voted on the Shareholders meeting that elect them.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;"> </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">When</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, as a result of compliance with the percentage referred to in the introductory paragraph of this Article, the number of directors results in a fraction, such number will be rounded to the immediately higher whole number.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 19.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">If a member of the Board of Directors fails to meet the requirements set forth in Article 17 above due to a supervening or unknown fact at the time of his/her election, he/she shall be immediately replaced. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The same actions provided for in the introductory paragraph of this Article shall be taken in the event any of the independent Directors fails to meet the independence criteria set forth in the New Market</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Regulation</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">, resulting in noncompliance with the minimum share of thirty percent (30%) of independent Directors, as provided in Article 18 hereof.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section II &#8211; Election</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 20.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Except for the provisions in Article 21, the election of the members of the Board of Directors shall be made through the nomination of a slate of candidates.&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Under the election provisions of this Article, only the following slates of candidates will be eligible for election: (a) </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">those nominated by the Board of Directors; or (b) those nominated by any shareholder or group of shareholders, as provided for in Paragraph 3 hereof.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">At the date the Shareholders&#8217; Meeting for electing the members of the Board of Directors is called, the Board of Directors shall make available at the Company&#8217;s headquarters a statement signed by each of the members of the slate of candidates nominated by it, containing: (a) their full identification; (b) a complete description of their professional experience, describing the professional activities previously performed, as well as their professional and academic qualifications; and (c) information about disciplinary and judicial proceedings for which a final judgment was rendered and in which any such members have been convicted, as well as inform, if the case may be, the existence of events of limitations or conflict of interest provided for in Article 147, Paragraph 3 of Law 6,404/76.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The shareholders or group of shareholders desiring to propose another slate of candidates to be elected to the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> shall, at least five (5) days prior the date of the Shareholders&#8217; Meeting, send to the Board of Directors statements individually signed by the candidates nominated by them, containing the information mentioned in the preceding Paragraph; the Board of Directors shall immediately disclose such information, by notice posted on the Company&#8217;s internet website and sent by electronic means of communication to the CVM and the B3 notifying them that the documents with respect to the other slate of candidates submitted to the Board of Directors are available to the shareholders at the Company&#8217;s headquarters.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The persons nominated by the Board of Directors or by shareholders shall be identified, as the case may be, as candidates to independent Directors, subject to the provisions of Article 18 above, as well as the contents of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the new Market</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Regulation. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 5<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The same person may stand for election in two or more slates of candidates, including those nominated by the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 6<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Each shareholder shall be entitled to vote for only one slate of candidates, and the slate of candidates receiving the largest number of votes at the Shareholders&#8217; Meeting will be elected.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 21.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">When electing members to the Board of Directors, shareholders will be entitled to request, as required by law, the adoption of a cumulative voting process, provided that they do so within, at least, forty-eight (48) hours in advance of the Shareholders&#8217; Meeting.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company, immediately after receiving the request, shall notify the CVM and the B3 by electronic means and post on its internet website that the election will be conducted by cumulative voting.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In the event members of the Board of Directors are elected by cumulative voting, the candidates will not be elected through a nomination on a slate of candidates; the candidates for the Board of Directors shall be those who are part of the slate of candidates as provided for in Article 20, as well as the candidates who are nominated by a shareholder attending the meeting, provided that the Shareholders&#8217; Meeting is provided with the statements signed by these candidates as set forth in Paragraph 2 of Article 20 of these Bylaws.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Each shareholder shall be entitled to cast the entirety of the votes to which he/she is entitled on one sole candidate or to distribute them among several candidates; the candidates who received the largest number of votes shall be elected.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Positions that are not filled due to a tie vote shall require a new election, following the same procedure, adjusting the number of votes to which each shareholder will be entitled to the number of positions to be filled.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">5<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In the event the election has been conducted by cumulative voting, the removal of any member of the Board of Directors by the Shareholders&#8217; Meeting shall entail the removal of the other members, giving rise to a new election.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">6<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In the event the Company may be controlled by one shareholder or group of shareholders, as defined in Article 116 of law no. 6,404/76, shareholders representing ten percent (10%) of the capital stock may require, in conformity with Paragraph 4 of Article 141 of </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Law </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">6,404/76, that the election of one of the members of the Board of Directors is carried out separately, notwithstanding the rules set forth in Article 20 above.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 22.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In the event a director residing and domiciled outside Brazil is elected, the commencement of his/her term shall be conditioned on the appointment of an attorney-in-fact, residing and domiciled in Brazil, empowered to receive service of process for any corporate law-based lawsuit that may be brought against him/her. The term of such power of attorney shall be for, at least, three (3) years after the end of the term of office of the respective director.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 23.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors shall elect a Chairman and Vice-Chairman among its members, to occur at the first meeting after the commencement of the directors&#180; term or at the first meeting after there is a vacancy of these positions on the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section III &#8211; Meetings and Replacements</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 24.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Board of Directors shall hold regular meetings once every three (3) months and special meetings whenever called by the Chairman or by any two (2) directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The meetings of the Board of Directors shall be called in writing, by letter, telegram, fax, e-mail or any other form that allows proof of receipt of the call notice by the recipient, and shall contain, in addition to the place, date and time of the meeting, the agenda.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The meetings of the Board of Directors shall be called at least three (3) days in advance. Regardless of the formalities observed in calling the meeting, a meeting shall be deemed to be duly called if attended by all the members of the Board of Directors.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In case of urgency, the Chairman of the Board of Directors (or a third party he or she may appoint) may call a meeting of the Board of Directors with less than the period provided for in Paragraph 2 of this Article, provided that in this case the meeting shall not be held unless at least two-thirds (2/3) of the elected members attend the meeting.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The directors may attend the meetings of the Board of Directors by telephone conference, videoconference or by any other means of communication allowing the identification of the director and simultaneous communication with all the other persons present at the meeting.&nbsp; In this case, directors will be considered to be present at the meeting and sign the corresponding minutes.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 25.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Except for the provisions in Paragraph 3 of Article 24, the majority of the directors must attend a meeting of the Board of Directors for it to commence, including the Chairman or the Vice-Chairman, and the resolutions shall require a majority vote, with the Chairman or, in his/her absence, the Vice-Chairman, in addition to his/her own vote, providing the casting vote.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In event of absence or temporary unavailability of the Chairman of the Board of Directors, his/her duties will be exercised, on a temporary basis, by the Vice-Chairman or by another member of the Board of Directors nominated by him/her.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 26.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">No member of the Board of Directors may have access to information, take part in resolutions and discussions of the Board of Directors or of any managing bodies, vote or, in any manner, intervene in the matter in which he/she is directly or indirectly in a conflict with the Company&#8217;s interests, as provided for by law.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 27.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Except for the provisions in Paragraph </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">5</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> of Article </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">21, a</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> substitute for a vacancy on the Board of Directors shall be appointed by the remaining directors and shall hold the office until the subsequent Shareholders&#8217; Meeting, at which a new director shall be elected for remaining term of office of the replaced director. In the event of vacancy of the majority of the Board of Directors, a Shareholders&#8217; Meeting shall be called within fifteen (15) days from the date thereof, in order to elect substitutes, who shall complete the term of office of the replaced members.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section IV &#8211; Powers</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 28.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors shall have the power to:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">set the general guidelines of the Company&#8217;s and its subsidiaries&#8217; business;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">elect and remove the executive officers of the Company, appointing among them the Chief Executive Officer and the Investor Relations Officer, and define their duties;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">oversee the management of the executive officers; examine, at any time, the books and documents of the Company; request information about agreements previously entered into or in the process of being entered into by the Company or by its subsidiaries;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">d)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">express its opinion with respect to Management Report and the financial statements of the Company, submitting them to the Shareholders&#8217; Meeting for approval;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">e)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">fix the compensation of the members of the Board of Directors and </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the individual compensation of the Executive Officers of the Company, considering the proposal of the People&#8217;s Committee, according to article 41, single paragraph, &#8220;b&#8221;. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">f)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">define the overall criteria regarding the compensation and benefits policy of the directors and executive officers as well as of the senior employees of the Company and, whenever necessary, of its subsidiaries, taking into consideration the People Committee&#8217;s proposal;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">g)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">grant stock options under the terms of Article 8 of these Bylaws; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">h)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">call the Shareholders&#8217; Meetings;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">i)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">submit a slate of candidates to the Shareholders&#8217; Meeting for election of directors, pursuant to Article 20 of these Bylaws;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">j)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">propose to the Shareholders&#8217; Meeting the allocation of the balance of the adjusted net profit for the year, as referred to in letter &#8220;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#8221;, </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">paragraph one </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">of Article </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">54</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> of these Bylaws;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">k)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approve the preparation of financial statements at shorter intervals than the fiscal year, the distribution of dividends based on such financial statements or interim dividends, as well as the payment or crediting of interest on own capital, under the terms of the applicable laws; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">l)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">pass resolutions on the issuance of shares, debentures convertible into shares and subscription warrants, within the limits of the authorized capital of the Company;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">m)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">submit proposals to the Shareholders&#8217; Meeting concerning an amalgamation, spin-off, merger, merger of shares or dissolution of the Company, as well as amendments to these Bylaws;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">n)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">authorize the acquisition of shares of the Company to be held as treasury shares, cancelled or subsequently disposed of, subject to applicable laws; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">o)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approve the public issuance of commercial promissory notes by the Company or by its controlled companies;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">p)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approve the following transactions, either by the Company or by its controlled companies, when the value exceeds five percent (5%) of the Company&#8217;s shareholders&#8217; equity: (i) acquisition, disposal or encumbrance of assets; (ii) granting of collateral; (iii) borrowings or waivers of any rights; (iv) investment or investment project; and (v) direct or indirect acquisition or disposal of an equity interest, including by means of a consortium or special partnership;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">q)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approve the execution of shareholders&#8217; agreements by the Company or by its controlled companies;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">r)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">select and dismiss the independent auditors, after receiving the Audit Committee&#8217;s opinion;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">s)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">express an </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">opinion</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> as to whether it is in favor or against any tender offer for the shares of the Company, through a prior opinion containing the reasons for such position disclosed within 15 (fifteen) days from the publication of the tender offer notice, opinion which should cover, at minimum: (i) the convenience and opportunity of the tender offer for the Company and its shareholders as a whole, including with respect to the price and potential impacts on share liquidity; (ii) any alternatives to accepting the tender offer for the shares on free float; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">t)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">approve corporate policies as per the proposals submitted by the relevant entities; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">u)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">pass resolutions on other matters not regulated by these Bylaws, as well as otherwise resolving such matters.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 29.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Chairman of the Board of Directors shall: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">call the Shareholders&#8217; Meeting, whenever so decided by the Board of Directors or, exceptionally, on his/her own initiative, in which case he/she shall immediately inform the other directors of the meeting; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">call and preside the meetings of the Board of Directors;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">communicate the dates of the regular meetings and oversee the Board of Director&#8217;s administrative activities; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">d)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">convey resolutions made by the Board of Directors to the Board of Executive Officers and instruct the latter on the fulfillment thereof.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 30.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Vice-Chairman of the Board of Directors shall replace the Chairman, in his/her occasional absences and unavailability and, in case of vacancy in the office of Chairman, to hold such office until the date of the election of the new Chairman.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER VI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Board of Executive Officers</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 31.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Board of Executive Officers shall be comprised of up to eight (8) executive officers, who may or may not be shareholders, shall be resident in Brazil and be elected by the Board of Directors, without specific designation except for the Chief Executive Officer and the Investor Relations Officer.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole paragraph.&nbsp; The term of the members of the Board of Executive Officers shall be 2 (two) years, with </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">reelection</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> permitted, and will continue until each successor is elected.&nbsp; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 32.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Executive Officers shall hold meetings whenever the interest of the Company shall so require and their decisions shall be made by simple majority of votes, requiring one-half of the number of the elected members to form a quorum, with the Chief Executive Officer, in addition to his/her own vote, providing the casting vote.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 33.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Board of Executive Officers shall perform the acts necessary for the regular operation of the Company and for the management of its business, and shall be authorized to open and close branches, offices or other premises and facilities in any location in Brazil or abroad, subject to the guidelines provided by the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1&nbsp;&nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Actions which may affect third parties shall be signed by two executive officers, jointly, or by one executive officer and one attorney-in-fact, or by two attorneys-in-fact, with specific powers.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company, acting by two of its executive officers, may appoint attorneys-in-fact, specifying in the power of attorney the purpose thereof, the powers granted and the term of the power of attorney, which shall not exceed one year, unless the power of attorney is granted with ad judicia powers, in which case it may be valid for an indefinite term.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Executive Officers may, in exceptional cases, authorize the Company to be represented by one sole executive officer or one sole attorney-in-fact appointed for such purpose, and shall specify the purpose and limit of the powers granted in the minutes of the meeting.&nbsp;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 34.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Chief Executive Officer shall:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">direct, instruct and coordinate the activities of the Company;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">call and preside over the meetings of the Board of Executive Officers; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">represent the Company in court, either as plaintiff or defendant.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 35.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The executive officer exercising the duties of Investor Relations Officer shall provide information to investors, the CVM and the stock exchange or over-the-counter market on which the Company&#8217;s securities are traded, as well as maintain the registration of the Company updated in conformity with the CVM&#8217;s applicable regulations and to meet the other requirements contained in such regulations, in addition to exercising the duties assigned to him/her by the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 36.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The executive officers without a specific designation, in addition to their statutory duties, shall perform those duties which may be assigned to them by the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 37.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The executive officers shall substitute each other, subject to the following conditions: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">in case of the occasional absence and unavailability of the Chief Executive Officer for a period of up to sixty (60) days, the Chairman of the Board of Directors shall nominate a substitute for him/her from among the members of the Board of Executive Officers, and the substitute executive officer shall temporarily exercise the duties of Chief Executive Officer until the latter returns to his/her office or the next following meeting of the Board of Directors, whichever occurs first; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">in case of vacancy in the office of an executive officer, he/she may be replaced, until the following meeting of the Board of Directors, by another executive officer appointed by the Chief Executive Officer.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER VII</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Committees </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 38.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company shall have the following support committees attached to the Board of Directors</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt; text-decoration: underline;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; text-decoration: none;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Audit</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> and Risks</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Committee; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; text-decoration: none;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">People Committee; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c)<font style="color: #000000; font-family: 'Times New Roman'; font-size: 9.33333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font>&nbsp;</font></font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Strategy Committee</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Each committee shall have its own internal bylaws, which shall require the approval of the Board of Directors, to govern matters associated with its working and define the role of its coordinator.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Board of Directors may establish additional committees for assisting it in the management of the Company, which may have specific purposes and may appoint their respective members.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The same obligations and restrictions imposed by law, by these Bylaws and by the New Market Regulation on the directors and executive officers of the Company shall apply to the members of the Audit </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and Risks </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Committee, the People Committee, the Strategy Committee and other additional committees that may be established by the Board of Directors for assistance in the management of the Company.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 39.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Subject to the criteria set forth below, the Committees shall be comprised of at least three (3) members, all elected by the Board of Directors for a term of office of two (2) years, and the term shall coincide with the term of office of the Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">During their term of office, the members of each Committee may not be replaced except for the following reasons:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">death or resignation;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">unjustified absence from three (3) consecutive meetings or six (6) alternate meetings per year; or</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a substantiated decision of the Board of Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">In the event of a vacancy in any member of the Committees, the Board of Directors shall elect a person to complete the term of office of the replaced member.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>The members of the committees may be reappointed for successive terms, except for the members of the Audit and Risk Committee, who will exercise their positions for a maximum of 10 (ten) years.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section I &#8211; Audit </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and Risks </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Committee</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 12pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 40.</font><font style="font-family: Arial; font-size: 12pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Audit and Risks Committee shall be composed only by Directors, with the majority being independent, and include at least one (01) member with recognized experience in corporate accounting matters, as provided in the applicable regulations of the CVM.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">A single member of the Audit </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and Risks </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Committee may concentrate the two foregoing requirements.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>To be characterized as an independent member, the member of the Audit and Risks Committee must meet the requirements set forth in the applicable CVM regulation, as well as those set out in the New Market Regulation.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>The member of the Audit and Risks Committee who ceases to hold said position may only rejoin the Committee after at least 3 (three) years have elapsed since the end of the term of office.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Audit </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">and Risks </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Committee shall:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a) recommend to the Board of Directors the retention and dismissal of independent audit services, as well as propose to the Board of Directors the nomination of the independent auditors and their replacement;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b) review the Management Report and the financial statements of the Company and of its controlled companies, and provide the recommendations it deems necessary to the Board of Directors; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c) review the quarterly financial information, interim statements, and financial statements prepared by the Company;</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(d) monitor the activities of the Company&#8217;s internal audit and internal controls departments, including follow up and assessment of the effectiveness and sufficiency of the internal control structure and of the internal and independent audit processes of the Company and of its controlled companies, including in relation to the provisions set forth in the Sarbanes-Oxley Act, submitting the recommendations it deems necessary for the improvement of policies, practices and procedures; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(e) evaluate and monitor the Company&#8217;s risk exposure, as per the Risk Management Policy, as well as to provide its opinion on any review of the contents thereof, in addition to advising the Board of Directors in connection with the setting of acceptable risk levels;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(f) review, monitor and recommend to management any corrections or improvements to be made to the Company&#8217;s corporate policies;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(g) establish procedures for the acceptance and handling of information submitted by any party relating to alleged noncompliance with applicable legal and regulatory requirements applicable to the Company, in addition to internal regulations, policies and codes, including procedures for confidential or anonymous submission, safeguarding information secrecy;</font></p>
<p style="font-size: 12pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: Arial; font-size: 12pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(h) interact with the other Company&#8217;s governing bodies in connection with the receipt and review of information on noncompliance with legal and regulatory requirements applicable to the Company, as well as with internal regulations, policies and code; and </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(i) provide its opinion on the matters submitted to it by the Board of Directors, as well as on those matters it determines to be relevant.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 12pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: Arial; font-size: 12pt; font-weight: bold;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section II &#8211; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">People Committee</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 41.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The People Committee shall have a majority of Directors in its composition, with a minimum of two (2) independent Directors.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The People Committee shall:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a) propose to the Board of Directors the compensation to be paid to the directors and executive officers and senior employees of the Company and its controlled companies, to the members of the committees and of other governing bodies assisting the Board of Directors, pursuant to the proposal received from the Chief Executive Officer, and periodically revise the parameters and guidelines and, as a result, the compensation policy and other benefits of the Company and its controlled companies; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b) propose to the Board of Directors, pursuant to the proposal received from the Chief Executive Officer, the overall compensation of the directors and executive officers of the Company, which shall be submitted to the Shareholders&#8217; Meeting, and propose the individual compensation of the Board of Executive Officers; </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c) ensure that the Company prepares itself adequately for the succession of its directors, executive officers and other key employees, particularly the Chief Executive Officer and the principal executive officers; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(d) carry out diligence and supervise the steps taken to ensure that the Company adopts a model of competence and leadership, attraction, retention and motivation in line with its strategic plans.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section III &#8211; Strategy Committee</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 42.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Strategy Committee will have a majority of Directors in its composition.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph. The Strategy Committee shall be comprised entirely of Directors and its duties shall be as follows:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 6pt 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a) to advise the Board of Directors in overall business direction, as well as in the drafting and monitoring of the Company&#8217;s strategic plans and budgets;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 6pt 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b) to provide its opinion on, and monitor, the Company&#8217;s strategic partnerships and main investments, as provided in the Investment Policy; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 6pt 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(c) to provide its opinion on the capital allocation strategy and on the management of the Company&#8217;s portfolio, including mergers and acquisitions. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER VIII</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;"> Council (</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: 0.8pt;">Conselho Fiscal)</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 43.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Company&#8217;s </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council shall be non-permanent and, when </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">installed</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> by the Shareholders&#8217;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Meeting as provided in Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> 6</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">404/76, shall be comprised of three (3) members and an equal number of alternate members, with such duties, powers and compensation as provided for by law.&nbsp; The </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council shall have a term of office of one (1) year, with reelection being permitted.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Once the Fiscal Council has been installed, the commencement of the term of its full and alternate members shall be conditioned on the execution of the respective indeed of investiture, which shall cover their consent to the contents of Article 52 hereof.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council shall hold regular meetings once every quarter, and extraordinary meetings whenever necessary, and shall keep minutes of such meetings in the Company&#8217;s records.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; 3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The same obligations and restrictions imposed by law, these Bylaws and the New Market Regulation on the directors and executive officers of the Company shall apply to the members of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER IX</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Tender Offers</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Section I &#8211; Sale of a Controlling Interest</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 44.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> A direct or indirect sale of the controlling interest in the Company, either in a single transaction, or in a series of successive transactions, shall be conditioned upon the buyer making a tender offer for shares i</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ssued by</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> the Company held by the remaining shareholders, subject to the conditions and terms set forth under the applicable laws and regulations and in the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">New Market </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Regulation, in order to provide shareholders equal treatment to that afforded to the seller.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph.<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The buyer of a controlling interest shall, after the financial settlement of the foregoing tender offer, take the</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> appropriate actions</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> to, over the course of the subsequent eighteen (18) months, restore the minimum percentage of outstanding shares as per the New Market</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Regulation.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section II &#8211; Acquisition of Relevant Interest</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 45.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Any person, regardless of whether he/she is a shareholder, which, on his/her own account or through Joint Action with another person (&#8220;Purchaser of a Relevant Interest&#8221;), acquires or becomes the holder of Company shares, through a single transaction or a series of successive transactions, representing twenty percent (20%) or more of its capital stock (&#8220;Relevant Interest&#8221;), shall be required to make a tender offer for the acquisition of the shares held by the remaining shareholders at a price equal to the highest value per share paid by him/her in the preceding six (6) months, adjusted pursuant to the SELIC Rate.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Purchaser of a Relevant Interest shall not be required to make the tender offer provided for in this Article, in case he/she shall timely and cumulatively: (a) notify the Company of his/her intent to exercise the right provided for in this Paragraph within forty-eight (48) hours from the time he/she becomes owner of the Relevant Interest; and (b) sell, on a stock exchange, the number of shares of capital stock of the Company that exceeds the Relevant Interest, within thirty (30) days from the date of the notice mentioned in item (a) of this Paragraph.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>For purposes of calculating the limit of twenty percent (20%) set forth in the introductory paragraph of this Article, treasury shares held by the Company shall be excluded. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>The offer referred to in this Article shall not be required in the event any shareholder, or shareholders joined by a voting agreement registered with the Company, or shareholders who have a controlling relationship or are under common control are holders of more than one-half of the capital stock at the time of the acquisition of the Relevant Interest, excluding, for effects of such calculation, treasury shares held by the Company.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;4<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>The obligation to carry out the offer provided for in the introductory paragraph of this Article shall not apply in the event the obligation to carry out the offer provided for in Article 44 applies.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Section III &#8211;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Deregistration as Publicly-Held Company and </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Withdrawal from the New Market</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 46.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company&#8217;s deregistration as a publicly-held company, shall be preceded by a tender offer for shares at a fair price, such a tender offer to abide by the procedures and requirements set forth in Law 6</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">404/76 and the CVM regulations governing tender offers for the purposes of deregistration as a publicly held company.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 47</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Company&#8217;s withdrawal from the New Market, be it voluntary, mandatory or as a result of a corporate reorganization, shall abide by the rules set forth in the New Market</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Regulation</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 48</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">As provided in the New Market</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Regulation</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> and except for the provisions of Article 49, next, the Company&#8217;s voluntary withdrawal from the New Market, in order for its shares to be registered outside the New Market shall be preceded by a tender offer for shares in line with the procedures set forth in CVM Regulations governing tender offers for shares for the purposes of deregistration as a publicly listed company, and the following requirements</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">the price of the tender shall be fair and calculated pursuant to the parameters set forth in A</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">rticle 4-A of Law</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> 6</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">404/76 and the applicable CVM Regulations;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">holders of interests in excess of one-third (1/3) of shares outstanding shall accept the tender offer or explicitly agree with withdrawal from the segment without selling their shares.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph &#8211; For the purposes of Article 48, item &#8220;b&#8221;, of the present Bylaws, outstanding shares shall be only those whose holders explicitly agree with withdrawal from the New Market or qualify for the tender offer auction as per the CVM regulations governing tender offers for the purposes of deregistration as a publicly listed company.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 49.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Voluntary withdrawal from the New Market as provided in foregoing Article 48 may take place irrespective of a tender offer if such a waiver is approved by the Shareholders&#8217; Assembly, to convene: </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(a)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">on first call with the attendance of shareholders representing, at least, two-thirds (2/3) of all shares outstanding; or </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">(b)<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">on second call with any number of holders of outstanding shares in attendance.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Sole Paragraph &#8211; The decision regarding the foregoing waiver of a tender offer shall be made by a majority vote of the holders of outstanding shares in attendance at the Shareholders&#8217; Meeting;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 50.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">A single tender offer may be made for more than one of the purposes provided for in this Chapter, in the New Market Regulation, in </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Law </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">6,404/76 or in the regulations issued by the CVM, provided that the procedures used in the tender offer are compatible with all requirements of each different tender offer, the tender offer offerees do not suffer any damages and the authorization of the CVM is obtained, when required by applicable law.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 51.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">To the extent the rights provided for in these Bylaws</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> to shareholders </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">with respect to tender offer</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">s</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> are affected, the rules set forth by the New Market Regulation</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> will prevail over the provisions herein.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER X</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Arbitration Court</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 52.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company, its shareholders, directors and executive officers and the full and alternate members of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council, if any, are required to submit to arbitration at the Market Arbitration Tribunal, pursuant to the rules thereof, any and all controversies arising between them, either related to or resulting from their status as issuer, shareholders, managers and members of the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council, in particular if arising from the provisions set forth in Law 6,385/76, Law 6,404/76, in the Bylaws, in the rules enacted by the National Monetary Council, the Central Bank of Brazil and the CVM, as well as other rules applicable to capital markets in general, in addition to those set forth in the New Market Regulation, other B3 regulations and the New Market Participation Agreement.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER XI</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Fiscal Year</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 53.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The fiscal year begins on January 1</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; letter-spacing: 0.8pt; vertical-align: super;">st</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> and ends on December 31</font><font style="font-family: 'Century Gothic'; font-size: 6.67pt; letter-spacing: 0.8pt; vertical-align: super;">st</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> of each year.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 54.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">After the balance sheet and the other financial statements are prepared, and after the deduction of accrued losses, the provision for income tax and, if applicable, the provision for directors&#8217; and executive officers&#8217; annual profit sharing,</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> f</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">ive percent (5%)</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> of the net profit will be allocated</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> to the legal reserve, up to the limit of twenty percent (20%) of the capital stock</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167;1<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font>The remaining profit will have the following destination:</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">a) twenty-five percent (25%) for payment of the mandatory dividend to the shareholders, deducted by semiannual or interim dividends that may have already been distributed; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">b)&nbsp;</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">by proposal of the managing bodies, up to seventy-five percent (75%) for creating an investment reserve, aimed at protecting the integrity of the Company&#180;s assets and to supplement its capital stock, in order to allow new investments to be made, up to the limit of one hundred percent (100%) of the capital stock, provided that the balance of such reserve, when combined with other profit reserve balances, except for the unrealized profit reserve and the contingency reserves, shall not exceed one hundred percent (100%) of the capital stock and, once such limit is reached, the shareholders&#8217; meeting shall determine the allocation of the surplus through an increase of the capital stock or in the distribution of dividends; and</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">c</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">) the balance will be allocated according to the resolution adopted at the Shareholders&#8217; Meeting, which will take into account the Board of Directors&#8217; proposal.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">2<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The Company may, in addition to the annual balance sheet, prepare semiannual or interim balance sheets at any time, and the Board of Directors may, ad referendum of the Shareholders&#8217; Meeting, declare interim dividends to the account of retained earnings or profit reserves recorded in its latest annual or semiannual balance sheets.</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&#167; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">3<font style="color: #000000; font-family: 'Century Gothic'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: 1.06667px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;&nbsp;</font></font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Dividends not claimed within three (3) years from the date they were made available to the shareholders shall be forfeited to the Company.</font></p>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: normal; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<div style="width: 8.5in; margin: 0 auto;">
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">CHAPTER XII</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; page-break-after: avoid; text-align: center;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Miscellaneous</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 55.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> The Company shall be liquidated as provided for by law, and the Shareholders&#180; Meeting shall decide the method of liquidation, appoint the liquidator and elect the </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">Fiscal</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;"> Council to operate during the liquidation process. </font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="font-family: 'Century Gothic'; font-size: 10pt; font-weight: bold; letter-spacing: 0.8pt;">Article 56.</font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Century Gothic'; font-size: 10pt; letter-spacing: 0.8pt;">The minutes of the Shareholders&#8217; Meetings, as well as the minutes of meetings of the Board of Directors and of the Board of Executive Officers, shall be mechanically issued, in separate pages, and signed by the attendees, for subsequent bookbinding. In the event they contain resolutions affecting third parties, they shall be filed with the Commerce Registry Office and published.</font></p>
</div>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div style="width: 8.5in; margin: 0 auto;">
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 13pt; line-height: 19.9333px; margin: 0pt 0pt 10pt;"><font style="font-family: 'times new roman', times; font-size: 12pt; font-weight: bold;">SIGNATURES</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 15.3333px; margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.&nbsp;</font></p>
<p style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; line-height: 15.3333px; margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Date: April 13, 2022&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
<table style="letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; height: 0px; width: 816px; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px;">

<tr style="height: 10px;">
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font><font style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 47.2px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">ULTRAPAR HOLDINGS INC.</font></font></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="width: 403.281px; height: 10px; border-bottom: 1pt solid #000000; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>By: /s/ Rodrigo de Almeida&nbsp;Pizzinatto</font></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>Name: Rodrigo de Almeida&nbsp;Pizzinatto</font></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;"><br></td>
<td style="width: 403.281px; height: 10px; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>Title: Chief Financial and Investor Relations Officer</font></font></p>
</td>
</tr>

</table>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 12pt; line-height: 18.4px; margin: 0pt 0pt 10pt;"><br></p>
<p style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; font-size: 9pt; line-height: 13.8px; margin: 0pt 0pt 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">(</font><font style="font-style: italic;">Minutes of the Annual and Extraordinary General Shareholders&#8217; Meeting held on April 13, 2022</font><font style="font-style: italic;">)&nbsp;&nbsp;</font></font></p>
</div>
<br></div></div></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
