<SEC-DOCUMENT>0001554855-22-000121.txt : 20220309
<SEC-HEADER>0001554855-22-000121.hdr.sgml : 20220309
<ACCEPTANCE-DATETIME>20220309171048
ACCESSION NUMBER:		0001554855-22-000121
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20220309
FILED AS OF DATE:		20220309
DATE AS OF CHANGE:		20220309

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CI&T Inc
		CENTRAL INDEX KEY:			0001868995
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41035
		FILM NUMBER:		22726243

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 309
		CITY:			UGLAND HOUSE - GRAND CAYMAN
		STATE:			E9
		ZIP:			KY1-1104
		BUSINESS PHONE:		55 (19) 21023859

	MAIL ADDRESS:	
		STREET 1:		RUA DOUTOR RICARDO BENETTON MARTINS 1000
		STREET 2:		POLIS DE TECNOLOGIA - PRISMA BUILDING
		CITY:			CAMPINAS
		STATE:			D5
		ZIP:			13086-902
</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;">
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">UNITED STATES</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; 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-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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; 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-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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font><font style="font-size: 12.5pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" width="50%" 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; font-family: 'times new roman', times; border-collapse: collapse; margin: 0px auto; width: 566.094px;">

<tr style="height: 17.25pt;">
<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-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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 12.5pt; font-weight: bold;">&nbsp;</font><font style="font-size: 12.5pt;">&nbsp;</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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 align="center" style="margin: 0cm 0cm 0.0001pt; text-align: center; line-height: normal; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="font-size: 9pt; text-transform: uppercase;">&nbsp;</font></b></font></p>
<p align="center" style="margin: 0cm 0cm 0.0001pt; text-align: center; line-height: normal; background: white; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">For the <font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">month of March 2022</font></font></p>
<p align="center" style="margin: 0cm 0cm 0.0001pt; text-align: center; line-height: normal; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;</font></p>
<p align="center" style="margin: 0cm 0cm 0.0001pt; text-align: center; line-height: normal; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font lang="FR" style="font-size: 10pt; font-family: 'times new roman', times;">Commission File Number: 001-41035</font></p>
<p align="center" style="margin: 0cm 0cm 0.0001pt; text-align: center; line-height: normal; font-size: 11pt; font-family: Calibri, 'sans-serif';"><font style="font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font lang="FR" style="font-size: 14.5pt;">&nbsp;</font></b></font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 14.5pt; font-weight: bold;">CI&amp;T Inc</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; border-bottom: 1px solid #000000; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;">(Exact Name of Registrant as Specified in its Charter)</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">N/A</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt;">(Translation of registrant&#8217;s name into English)</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">&nbsp;</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">R. Dr. Ricardo Benetton Martins, 1,000</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">P&#243;lis de Tecnologia-Pr&#233;dio 23B,</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">Campinas-</font><font style="font-size: 9pt; font-weight: bold;">State</font><font style="font-size: 9pt; font-weight: bold;"><font>&nbsp;</font></font><font style="font-size: 9pt; font-weight: bold;">of</font><font style="font-size: 9pt; font-weight: bold;"><font>&nbsp;</font>S&#227;o Paulo</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">13086-902 -<font>&nbsp;</font></font><font style="font-size: 9pt; font-weight: bold;">Brazil</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 9pt; font-weight: bold;">+55 19 21024500</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; border-bottom: 1px solid #000000; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;">(Address of principal executive office))</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; margin: 0pt; text-align: center;"><font style="font-size: 8pt;">&nbsp;</font></p>
<p style="color: #000000; 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; font-family: 'times new roman', times; font-size: 13.3333px; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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'; font-size: medium; 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):</font></p>
<p style="color: #000000; font-family: 'Times New Roman'; font-size: medium; 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'; font-size: medium; 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><font style="font-family: 'Times New Roman'; font-size: 9pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt; height: 17px;">

<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"></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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="font-size: 14.5pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">CI&amp;T Inc</font></p>
<p style="font-size: 14.5pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">TABLE OF CONTENTS</font></p>
&#8203;
<table cellpadding="0" cellspacing="0" border="0" style="height: 96px; width: 99.6777%; margin-left: 0.1px; font-family: &quot;times new roman&quot;; font-size: 10pt;">

<tr style="height: 52px;">
<td style="width: 99.8387%;" colspan="2"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="TOC"></a>
<h4 style="color: #000000; font-family: 'times new roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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: 13.3333px; background-color: #ffffff; vertical-align: middle;"><font style="font-family: 'times new roman', times; font-size: 13.3333px; text-decoration-line: underline; display: inline !important;">ITEM</font></h4>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 4.53105%; text-align: center;"><font style="font-size: 10pt;">1.</font></td>
<td style="height: 10px; width: 95.3077%;"><font style="font-size: 10pt;"><a href="#BFYEarnings__JAKBDSL70G00000000000000000000">4Q21 and 2021 FY Earnings Release</a></font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 4.53105%; text-align: center;"><font style="font-size: 10pt;">2.</font></td>
<td style="height: 17px; width: 95.3077%;"><font style="font-size: 10pt;"><a href="#BUnaudited_P4QL73GM0G00000000000000000000">Audited consolidated financial statement for the year ended December 31, 2021 and 2020</a></font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 4.53105%; text-align: center;"><font style="font-size: 10pt;">3.</font></td>
<td style="height: 17px; width: 95.3077%;"><font style="font-size: 10pt;"><a href="#Bsasasacvbvb_9P41ENNB0000000000000000000000">Unaudited Pro Forma Condensed Financial Information for the year ended December 31, 2021 and 2020</a></font></td>
</tr>

</table>
<p style="font-size: 14.5pt; line-height: 115%; margin: 0pt 0pt 10pt; text-align: center;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>1</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><font style="font-family: Arial; font-size: 11pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><font style="font-family: Arial; font-size: 11pt;">&nbsp;</font></p>
<h1 style="font-weight: normal; margin: 0pt; page-break-after: avoid; page-break-inside: avoid; text-align: center;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="BFYEarnings__JAKBDSL70G00000000000000000000" class="customBookmark"><font style="color: #050505; font-family: 'times new roman', times; font-size: 12pt; font-weight: bold;">CI&amp;T Reports Strong Fourth Quarter 2021 and Full Year Financial Results</font></a></h1>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 14pt 0pt; text-align: justify;"><font style="font-size: 10pt;"><font style="font-weight: bold;">New York - March 09, 2022</font> /Business Wire/ - CI&amp;T (NYSE: CINT, &#8220;Company&#8221;), a global digital specialist, today announces its unaudited results for the fourth quarter of 2021 (4Q21) and audited results for the year ended December 31, 2021 (2021), in accordance with International Standards on Auditing (ISAs). 4Q21 and 2021 financial results are presented in accordance with International Financial Reporting Standards (IFRS). For comparison purposes, we refer to the results for the fourth quarter of 2020 (4Q20) and for the year ended December 31, 2020 (2020).</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4Q21 Operating and Financial Highlights</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">Net revenue reached R$456.8 million, a 72% growth compared to 4Q20. </font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Net revenue growth in constant currency was 69% over 4Q20.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Net profit was </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">R$43.8 million, 49% higher than 4Q20.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Adjusted EBITDA was R$101.8 million, with an adjusted EBITDA margin of 22.3%.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Adjusted net profit totaled R$47.7 million, 62% higher than the same quarter of 2020.</font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021 Operating and Financial Highlights</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">N</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">et revenue</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;"> was R$1,444.4 million in 2021, up 51.0% year-over-year.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma net revenue of R$1,617.4 million, 39.4% higher than in 2020.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma net profit for the year was R$129.0 million, up 13% compared to 2020.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma adjusted EBITDA was R$380.5 million, w</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">ith an adjusted EBITDA margin of 23.5%.</font></font></p>
<p style="margin: 0cm 0cm 0.0001pt 36pt; text-align: justify; text-indent: -18pt; line-height: 115%; font-size: 11pt; font-family: Arial, 'sans-serif';"><font lang="EN-US" style="font-size: 10pt; line-height: 115%; font-family: Poppins; color: #000000;"><font style="mso-list: Ignore;">&#9679;<font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font lang="EN-US" style="font-size: 10.0pt; line-height: 115%; font-family: Poppins; mso-fareast-font-family: Poppins; mso-bidi-font-family: Poppins; color: #050505;">Pro forma adjusted net profit totaled R$160.1 million, equivalent to a pro forma adjusted net margin of 9.9%</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp; &nbsp; &nbsp; &nbsp;</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T generated R$214.4 million in cash from operating activities, 37% higher compared to the amount of R$156.9 milli</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">on recorded in 2020, and 66% cash-conversion from adjusted EBITDA. </font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T ended the year with 5,564 employees, a net addition of 2,345 employees in 2021. </font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">The number</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> of clients with annual revenue above R$1 million grew from 58 in 2020 to 94 in 2021, a net addition of 36 new clients, and the net revenue retention rate (NRR) was 128% in 2021.</font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="color: #ed1941; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<h1 style="font-size: 14pt; font-weight: normal; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 14pt; font-weight: bold;">&nbsp;</font></h1>
<h1 style="font-size: 14pt; font-weight: normal; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 14pt; font-weight: bold;">A word from our CEO</font></h1>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt;">We are delighted to end 2021 with robust results, outperforming our growth guidance for the quarter and year in our first year-end as a public Company. Our net revenue grew 51% in 2021 year over year, with a solid adjusted EBITDA margin of 22.4%. This growth was boosted by higher demand from existing clients, the addition of new clients to our portfolio combined with our selective M&amp;A strategy. We added 36 new clients with annual revenue above R$1 million, totaling 94 in 2021. Our top 10 client concentration reduced from 67% of our net revenue in 2020 to 54% in 2021. We are also providing strong growth guidance for 2022. What a great year, and I'm very proud of what we've done as CI&amp;Ters, as a team.</p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times;"><font style="color: #0e101a; font-size: 10pt;"><br></font></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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>2</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">It is worth looking back to understand how we will move forward: founded i</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">n 1995, CI&amp;T has 27 years of consecutive growth and profitability. From 2006, the emblematic year we launched CI&amp;T in the USA, to 2016, we had an organic CAGR of 30% in revenue. From 2016 on, we introduced three new growth forces: [1] a domain-driven </font><font style="color: #0e101a; font-size: 10pt; font-style: italic; line-height: inherit;">Digit</font><font style="color: #0e101a; font-size: 10pt; font-style: italic; line-height: inherit;">al Strategy</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;"> as a core component of our offering; [2] our </font><font style="color: #0e101a; font-size: 10pt; font-style: italic; line-height: inherit;">Growth Unit</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;"> business architecture, fostering a scalable entrepreneur organizational model; and [3] a programmatic approach for M&amp;A as an enduring new capability focused on a flow of selective and str</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">ategic acquisitions. As a result of those moves, we are accelerating our annual growth pace: 41% in 2020, 51% in 2021, and guiding at least 56% in 2022. To operate at this new pace, we are constantly increasing our investments in hiring, training, and lead</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">ership development while keeping solid margins and cash conversion rates.</font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">Now let's move our eyes forward. And yes, there are clouds in the sky: the global economy is yet to recover from a devastating pandemic, and we have a new set of geopolitical thread</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">s on the table. In parallel, "software continues to eat the world", enabling unprecedented and radical changes in society, values, and consumer behaviors. Digital is the answer to reconnect companies to a new breed of consumers. The result is a secular</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;"> demand for digital services in the corporate world and an extraordinary opportunity for a decade of high growth for CI&amp;T. </font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">As CEO, my primary mission is to harmonize the interlinked needs of our stakeholders: we will increase our transformational impact </font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">through digital for our clients. And we will continue to do that by fostering meaningful and fast carriers in a psychologically safe environment where people can fulfill their personal purpose and ambitions. Our talent density </font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">enables</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">&nbsp;a long-term val</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">ue creation journey for our shareholders by way of high growth and profitability. And for our communities is about solving complex human problems, fostering diversity and inclusion, and ESG in a broader perspective, concretely contributing to making a bett</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">er world. It's the equation of building a company that makes sense through the lens of the future and not the past.</font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">With these foundations, we are confident we are on the right track. Here is my special gratitude to all </font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">CI&amp;Ters</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;"> that provide this incredibl</font><font style="color: #0e101a; font-size: 10pt; line-height: inherit;">e environment of joy and accomplishment at CI&amp;T. A warm thank you to all our clients, partners, investors, and stakeholders that believe in our audacious ambitions as a company.</font></font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">Through hardships to the stars!</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">And stay safe.</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="color: #0e101a; font-family: 'times new roman', times; font-size: 10pt;">Cesar Gon</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Comments on the 4Q21 and 2021 financial performances</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net Revenue </font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 24px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 125.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Revenue</font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 68.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 68.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 68.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21 x 4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 68.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 68.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 67.5pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 125.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net Revenue</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 68.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">456,794</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 68.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">265,367</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 68.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">72.1%</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 68.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,444,380</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 68.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">956,519</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; width: 67.5pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">51.0%</font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 4Q21, net revenue was R$456.8 million, an increase of 72.1% compared to 4Q20, of which 40% was organic growth. Net revenue in constant currency grew 69% in the comparable period. This performance was attributed to our expansion of current contracts, com</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">bined with the addition in the quarter of 19 new clients with revenue above R$1.0 million in the last twelve months, from 75 to 94 clients. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>3</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; color: #050505; font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">In 2021, </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T&#8217;s net revenue was R$1,444.4 million, an increase of 51.0% year-over-year</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">. Net revenue growth in constant currency was 47.0% and the net revenue retention rate was 128% in 2021, demonstrating the recurrency and resili</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">ence of our business. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">We reduced our top one and top 10 client concentration from 21% and 72% in 4Q20, respectively, to 16% and 54% in 4Q21, and </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">we diversified</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> our revenue breakdown by industry verticals. While all segments presented significant growth,</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> Technology, </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Media</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and Telecom (TMT) and Retail and Manufacturing were the verticals that grew faster in terms of revenue from 4Q21 compared to 4Q20.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><br></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;"> <img src="img13d2dc141ad34e988c35.jpg" style="display: block; margin-left: auto; margin-right: auto;" alt="Graphics"></font><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">In terms of geography, Brazil and the U.S. continue to be our most relevant markets. The U.S. operation recorded the fastest growth rate of 50% organically in 4Q21 compared to 4Q20. </font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: center;"><img src="imgf50055531c824092a748.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>4</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cost of Services Provided </font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 124px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 149.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Gross Profit</font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 54pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.75pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.75pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21 x 4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.75pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.75pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 62.25pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net Revenue</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">456,794</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">265,367</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">72.1%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,444,380</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">956,519</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">51.0%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Cost of Services</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(294,746)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(166,294)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">77.2%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(935,732)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(600,866)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">55.7%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross Profit</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">162,048</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">99,073</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">63.6%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">508,648</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">355,653</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">43.0%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #ffffff; border-top: 0.75pt solid #000000 !important; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Adjustments</font></p>
</td>
<td style="border-top: 0.75pt solid #050505 !important; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 149.25pt; border-width: 0.75pt 0.75pt 1px !important; border-style: solid !important; border-color: #ffffff !important; border-image: initial; height: 16px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Depreciation and amortization (cost of services provided)</font></p>
</td>
<td style="border-left: 0.75pt solid #ffffff !important; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">8,764</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">5,995</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">46.2%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">31,884</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">24,085</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 16px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">32.4%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #050505; border-top: 0.75pt solid #ffffff !important; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Stock Options</font></p>
</td>
<td style="border-bottom: 1px solid #050505; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,582</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">76</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1981.6%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,930</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">139</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1288.5%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #050505 !important; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Gross Profit</font></p>
</td>
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #050505 !important; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">172,394</font></p>
</td>
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #000000 !important; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">105,144</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">64.0%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">542,462</font></p>
</td>
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #000000 !important; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">379,877</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">42.8%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 149.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Gross Profit Margin</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 54pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">37.7%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">39.6%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #000000 !important; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">-1.9</font><font style="color: #050505; font-weight: bold;">p.p</font></font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">37.6%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.75pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">39.7%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; border-top: 0.75pt solid #000000 !important; padding: 2px 0px; vertical-align: bottom; width: 62.25pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">-2.2</font><font style="color: #050505; font-weight: bold;">p.p</font></font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 4Q21, the cost of services provided totaled R$294.7 million, an increase of 77.2% compared to 4Q20, and the gross profit was R$162.0 million. Eliminating the depreciation and amortization and stock option expenses, the adjusted gross profit in 4Q21 was </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">R$172.4 million, with an adjusted gross profit margin of 37.7%. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 2021, the cost</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> of services provided was R$</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">935.7</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> million, </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">an increase of</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> 55.7% </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">compared to 2020, and the gross profit reached R$508.6 million. Adjusted gross profit totaled R$542.5 million</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">, with an adjusted gross profit margin of 37.6%, compared to 39.7% in 2020. The decline in gross profit margins is explained mainly by employee promotions and compensation adjustments that were postponed during the first year of the pandemic, aligned with</font><font style="color: #ed1941; font-size: 10pt; line-height: inherit;"> </font><font style="font-size: 10pt; line-height: inherit;">current market conditions and </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">our continuous investments in our people to foster a higher pace of growth.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">SG&amp;A </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">and Other </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">E</font><font style="color: #050505; font-size: 10pt; font-weight: bold;">xpenses</font></font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 105px; width: 100%;" width="100%">

<tr style="height: 29px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 154.5pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">SG&amp;A expenses</font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 51pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21 x 4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Selling</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(27,752)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(25,815)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">7.5%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(89,654)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(65,093)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">37.7%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">General and administrative</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(58,685)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(22,861)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">156.7%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(151,681)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(81,161)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">86.9%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 154.5pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">SG&amp;A expenses</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; background-color: #cceeff; height: 14px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(86,437)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(48,676)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">77.6%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(241,335)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(146,254)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">65.0%</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Other income (expenses) </font><font style="color: #050505;">net</font><font style="font-size: 8pt;"><font style="color: #050505; vertical-align: super;">(</font><font style="color: #050505; vertical-align: super;">1)</font></font></font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,716</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(538)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(22,210)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(959)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">2216.0%</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 154.5pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 51pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,533</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(191)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(497)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(196)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; background-color: #cceeff; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">153.6%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">SG&amp;A and other operating expenses</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(83,188)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(49,405)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">68.4%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(264,042)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(147,409)</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">79.1%</font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 7pt;"><font style="color: #050505;">(</font><font style="color: #050505;">1)Include</font><font style="color: #050505;"> Research and technological innovation expenses</font></font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-size: 10pt;">Selling, General and Administrative (SG&amp;A) expenses grew 77.6% in 4Q21 compared to 4Q20, mainly due to (i) an increase in people expenses, associated with new hires and the strengthening of the Human Resources, Finance, Administrative and Legal teams, (ii) IPO, M&amp;A and accounting advisory services and related expenses and (iii) higher depreciation and amortization expenses due to the recognition of intangible assets related to the acquisition of Dextra</font>. <font style="font-size: 10pt;">These incremental expenses are mainly related to M&amp;A activities and to the IPO, which occurred in November 2021. In 2021, SG&amp;A expenses grew 65.0% in relation to 2020, due to the same reasons explained above.</font></font><br></font></font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>5</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">Other net expenses in 2021 totaled R$22.2 million, due to the impairment of intangible assets in the amount of R$21.9 million recorded in 3Q21, a non-cash and one-off effect that are not related to </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> core ongoing services and shall not impact CI&amp;T nor</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> operations going forward.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">EBITDA and Adjusted EBITDA</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 220px; width: 100%;" width="100%">

<tr style="height: 29px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 154.5pt; height: 29px;">
<p style="margin: 0pt; color: #000000; font-family: 'times new roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; 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; font-size: 9pt; line-height: 13.8px; text-align: left;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 9pt; font-weight: bold;">Ebitda</font></p>
<p style="margin: 0pt; color: #000000; font-family: 'times new roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; 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; font-size: 6pt; line-height: 9.2px; text-align: left;"><font style="font-family: 'times new roman', times;"><font style="color: #ffffff; font-size: 6pt; font-weight: bold;">(</font><font style="color: #ffffff; font-size: 6pt; font-weight: bold;">in</font><font style="color: #ffffff; font-size: 6pt; font-weight: bold;"><font>&nbsp;</font>BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 51pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21 x 4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66pt; height: 29px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net profit for the period</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">43,828</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">29,401</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">49.1%</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">125,957</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">127,654</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">-1.3%</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 14px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(+) Net financial expense</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 14px; text-align: right; border-bottom-width: 1px;">8,130</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; text-align: right; border-bottom-width: 1px;">1,417</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; text-align: right; border-bottom-width: 1px;">473.7<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; text-align: right; border-bottom-width: 1px;">34,232</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; text-align: right; border-bottom-width: 1px;">15,453</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; text-align: right; border-bottom-width: 1px;">121.5%</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(+) Income tax expense</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">26,902</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">18,850</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">42.7<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">84,417</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">65,137</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 14px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">29.6%</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 10px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">(+)Depreciation and amortization</font><font style="color: #050505;">net</font></font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">18,251</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">7,429</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">145.7<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">48,354</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">29,882</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">61.8%</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 10px; background-color: #cceeff; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">EBITDA</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">97,111</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">57,097</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">70.1<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; float: none; display: inline !important;">%</font></font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">292,960</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">238,126</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">23.0%</font></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">EBITDA Margin</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">21.3%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">21.5%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">-0.3p.p</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">20.3%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">24.9%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">-4.6p.p</font></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">Adjustments</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;"><br></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;"><br></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; border-bottom-width: 1px;">Stock Options</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; text-align: right; border-bottom-width: 1px;">1,838</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">201</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">814.4%</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">2,531</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">934</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">171.0%</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p>Consulting expenses <font style="font-size: 8pt;"><sup>(1)</sup></font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">3,821</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">108</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">3438.0<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">9,177</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">428</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 10px; background-color: #cceeff; text-align: right; border-bottom-width: 1px;">2044.2%</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; border-bottom-width: 1px;">Government grants</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; text-align: right; border-bottom-width: 1px;">(1,063)</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">(253)</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">320.2<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">(2,481)</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">(1,571)</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom-width: 1px;">57.9%</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">Impairment&nbsp;</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">77</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">0</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">0.0%</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">21,895</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">0</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;">-</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">Adjusted EBITDA</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">101,784</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">57,153</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">78.1%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">324,082</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">237,917</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">36.2%</font></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 154.5pt; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">Adjusted EBITDA Margin</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 51pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">22.3%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">21.5%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">0.7p.p</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">22.4%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">24.9%</font></td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66pt; height: 17px; background-color: #cceeff; text-align: right; border-bottom: 1px solid #000000;"><font style="font-weight: bold;">-2.4p.p</font></td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify; margin-top: 5pt;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 7pt;">(</font><font style="color: #050505; font-size: 7pt;">1)Include</font><font style="color: #050505; font-size: 7pt;"> R$18 thousand from indemnity expenses in 4Q20 and 2020</font></font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 4Q21, EBITDA was R$97.1 million, 70.1% higher than 4Q20. Adjusted EBITDA in the quarter was R$101.8 million, an increase of 78.1% compared to 4Q20. Adjusted EBITDA margin was 22.3% in 4Q21, slightly above the adjusted EBITDA margin of 21.5% reported in </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">4Q20.&nbsp;</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">The reported EBITDA in 2021 was R$293.0 million, an increase of 23% in relation to 2020. Adjusted EBITDA was R$324.1 million, 36.2% higher than in 2020. Adjusted EBITDA margin was 22.4% in 2021, below the level of 24.9% reported in 2020 when the re</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">sult benefited from lower costs and expenses during the first year of the pandemic.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">Net </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">Financ</font><font style="color: #050505; font-size: 10pt; font-weight: bold;">ial</font><font style="color: #050505; font-size: 10pt; font-weight: bold;"> </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">Expenses</font><font style="color: #050505; font-size: 10pt; font-weight: bold;"> </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">Net financial expenses </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">was</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> R$8.1 million in 4Q21, compared to R$1.4 million in 4Q20, mainly due to new debt in the amount of R$650 million incurred by the Company in July to finance the </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> acquisition, which will mature in 2026. In 2021, ne</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">t financial </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">expenses totaled R$34.2 million, an increase in relation to the R$15.4 million expense in 2020. Interest on loans increased from R$10.3 million in 2020 to R$R$29.7 million in 2021 due to the increase in the gross debt position, as explained above, combined</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> with the increase in interest rates (CDI) during the year. Income from financial investments grew from R$2.6 million in 2020 to R$4.3 million in 2021. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>6</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">Depreciation </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">and&nbsp; Amortization</font><font style="color: #050505; font-size: 10pt; font-weight: bold;"> </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">Depreciation and amortization expenses totaled R$18.3 million in 4Q21,</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> an increase of R$10.8 million compared to 4Q20. In 2021, depreciation and amortization expenses reached R$48.3 million, compared to R$29.9 million in 2020, mainly due to the recognition of intangible assets related to the acquisition of </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> in 2021 in </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">the amount of R$148.5 million from customer relationships, non-compete agreement and brands.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In addition, the Company recognized R$595.7 million in goodwill from the acquisition of </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">, which is expected to be deductible for tax purposes, considering t</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">he merger of </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and CI&amp;T that occurred </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">on</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> December 2021.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">Net Profit and A</font><font style="color: #050505; font-size: 10pt; font-weight: bold;">djusted Net Profit</font></font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 87px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 136.85pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Net Profit</font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">4Q21 x 4Q20</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; width: 66.4pt; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net profit(loss) for the period</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">43,828</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">29,401</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">49.1%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">125,957</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">127,654</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-1.3%</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Adjustments</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Consulting expenses </font><font style="color: #050505; vertical-align: super; font-size: 8pt;">(1)</font></font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">3,821</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">108</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">3438.0%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9,177</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">428</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 10px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">2044.2%</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 15px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Impairment</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">77</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0.0%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">21,895</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 15px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Net Profit</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">47,726</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">29,509</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">61.7%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">157,029</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">128,082</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">22.6%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="border-bottom: 1px solid #000000; padding: 2pt; vertical-align: bottom; width: 136.85pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Net Profit Margin</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">10.4%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">11.1%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">-0.7</font><font style="color: #050505; font-weight: bold;">p.p</font></font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">10.9%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">13.4%</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; width: 66.4pt; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">-2.5</font><font style="color: #050505; font-weight: bold;">p.p</font></font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #050505;">(</font><font style="color: #050505;">1)Include</font><font style="color: #050505;"> R$18 thousand from indemnity expenses in 4Q20 and 2020</font></font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 4Q21, net profit was R$43.8 million, 49.1% higher than 4Q20. Adjusted net profit reached R$47.7 million, an increase of 61.7% compared to 4Q20. The adjusted net profit margin reduced slightly from 11.1% in 4Q20 to 10.4% in 4Q21, mainly due to higher dep</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">reciation and amortization and financial expenses, as explained above. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In 2021, net profit totaled R$125.9 million, 1.3% lower than in 2020. The adjusted net profit was R$157.0 million, 22.6% higher than in 2020. The adjusted net profit margin was 10.9% </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">in 2021, a reduction of the level observed in 2020, explained mainly by the increase in the cost of service provided and higher expenses with depreciation and amortization and financial expenses. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cash Flow from Operations</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">In 2021, CI&amp;T generated R$214.4 </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">million in cash from operating activities, 37% higher compared to the amount of R$156.9 million recorded in 2020. Deducting payment for income tax and interest on loans, borrowings and leasing, net cash from operating activities was R$132.4 million, an inc</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">rease of R$31.4 million in relation to 2020. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">Investments on acquisition of property, plant and equipment and intangible assets represented R$29.9 million in 2021 and R$21.4 million in </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">2020, and</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;"> are mainly related to IT </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">equipments</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;"> for the growing number o</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">f employees.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Indebtedness </font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T ended December 31, </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">2021</font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;"> with a financial net cash position of R$145.8 million, composed of a gross debt position of R$788.7 million and R$934.5 million in cash, cash equivalents and financial investments, including the net </font><font style="background-color: #ffffff; color: #050505; font-size: 10pt; line-height: inherit;">proceeds of our IPO. Lease liabilities amounted to R$81.9 million at the end of the quarter. Currently, 34% of the total debt is USD denominated and 66% is denominated in Brazilian Reais, which is linked to the Brazilian interest rate, CDI. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>7</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">Business Outlook</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">We expect our net revenue in the first quarter of 2022 to be at least R$485.0 million, a 64% growth compared to our net revenue of R$ 296.3 million in the first quarter of 2021. </font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">For the full year of 2022, we expect our net revenue to be at least R$2,250&nbsp;</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">million or USD433 million, a 56% growth compared to our net revenue of R$1,444 million in 2021. In addition, we estimate our adjusted EBITDA to be at least 20% for the full year of 2022. This guidance for 2022 assumes an average exchange rate of 5.20 Brazilian Reais to the </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">U.S. dollar for the full year. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">These expectations are forward-looking statements and actual results may differ materially. See "Cautionary Statement on Forward-Looking Statements" below</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;">Pro forma financial highlights, including the </font><font style="color: #050505; font-size: 10pt; font-weight: bold;">Dextra</font><font style="color: #050505; font-size: 10pt; font-weight: bold;"> acquisition as</font><font style="color: #050505; font-size: 10pt; font-weight: bold;"> if the acquisition had occurred on January 1, 2021</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; font-weight: bold;"><br></font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma net revenue of R$1,617.4 million, 39.4% higher than in 2020.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma net profit for the year was R$129.0</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> million</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma adjusted EBITDA was R$380.5 million, with an adjusted EBITDA margin of 23.5%.</font></font></p>
<p style="font-size: 10pt; line-height: 1.3; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="font-size: 10pt; text-decoration: none; line-height: inherit;">&#9679;</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Pro forma adjusted net profit totaled R$160.1 million, equivalent to an adjusted net margin of 9.9% </font></font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 9pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 150px;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">Pro Forma Income Statement</font></font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px; width: 55%; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net Revenue</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; width: 15%; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,617,339</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; width: 15%; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,160,555</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; width: 15%; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">39.4%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Costs of services provided</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(1,038,939)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(717,701)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">44.8%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross Profit</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">578,400</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">442,854</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">30.6%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">SG&amp;A</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(277,293)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(210,678)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">31.6%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other income (expenses) net&nbsp;<font style="font-size: 7pt;"><sup>(1)</sup></font></font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(23,499)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(1,047)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Operating profit before financial income</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">277,608</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">231,129</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">20.1%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net finance expense</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(64,654)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(58,825)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9.9%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Profit before Income tax </font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">212,954</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">172,304</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">23.6%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income tax expense</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(83,910)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(57,702)</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px; background-color: #cceeff;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">45.4%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the year</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">129,044</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">114,602</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">12.6%</font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 7pt;"><font style="color: #050505; text-decoration: none;">(1)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="color: #050505;">includes impairment loss on trade receivables and contract assets</font></font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Pro Forma Non-IFRS Financial Measures</font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Please refer to page the appendix for non-IFRS financial adjustments.</font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 94px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Pro Forma</font></p>
<p style="font-size: 6pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="color: #ffffff; font-weight: bold;">(</font><font style="color: #ffffff; font-weight: bold;">in</font><font style="color: #ffffff; font-weight: bold;"> BRL thousand)</font></font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ed1941; padding: 2pt; vertical-align: middle; height: 10px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Var.</font></p>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021 x 2020</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; background-color: #cceeff; width: 55%; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Gross Profit</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">617,334</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">471,584</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; width: 15%; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">30.9%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">EBITDA</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">349,387</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">295,716</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">18.1%</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted EBITDA</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">380,509</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">296,767</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">28.2%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjusted EBITDA Margin</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">23.5%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">25.6%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-2.0</font></p>
</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Adjusted Net Profit</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">160,116</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">116,290</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">37.7%</font></p>
</td>
</tr>
<tr style="height: 14px;">
<td style="padding: 2pt; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjusted Net Profit Margin</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9.9%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">10.0%</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; height: 14px;">
<p style="font-size: 9pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-0.1</font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>8</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">The unaudited pro forma condensed statements of profit or loss for the year ended December 31, 2021 is based on (a) the audited consolidated statements of profit or loss of CI&amp;T Inc for the year ended December 31, 2021; and (b) the unaudited financial info</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">rmation of </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Tecnologia</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> for the period from January 1, 2021 to August 9, 2021 and gives effect on a pro forma basis to the </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> Acquisition as if it had been consummated on January 1, 2021. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;"><font style="color: #050505; line-height: inherit;">The transaction accounting adjustments totaled a negative effect of R$28.8 million in the pro forma net income in 2021, and it relates to (a) amortization expense of intangible assets (customer relationship, brand and non-compete agreement), (b) estimated </font><font style="color: #050505; line-height: inherit;">interest expenses on the new debt to finance the </font><font style="color: #050505; line-height: inherit;">Dextra</font><font style="color: #050505; line-height: inherit;"> acquisition, and (c) expected income taxes based on the pro forma adjustments. Please refer to the table Pro Forma- Statement of profit and loss (Unaudited) below.</font></font></p>
<p style="background-color: #ffffff; margin: 0px; text-align: justify; text-indent: 0px;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt 0pt 6pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Conference Call and Webcast Information </font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">Cesar Gon, Bruno </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Guicardi</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">, Stanley </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Rodrigues</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and Eduardo </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Galv&#227;o</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> will host a video conference call to discuss the 4Q21 and 2021 financial and operating results on March 10 at 8:00 a.m. Eastern Time / 10:00 a.m. BRT. The earnings call can be accessed at the </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Company&#8217;s Investor Relations website at https://investors.ciandt.com or at the following link:</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 11pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="background-color: #ffffff; color: #050505; font-size: 11pt; text-decoration: underline;">http://investors.ciandt.com/investors-info/events-</font><font style="background-color: #ffffff; color: #050505; font-size: 11pt; text-decoration: underline;">and-presentations/CIT-4Q21-Earnings-Call</font><font style="color: #050505; font-size: 10pt;">.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">About CI&amp;T</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T is a global digital specialist, a partner in end-to-end digital transformation for 100+ Large Enterprises &amp; Fast Growth Clients. As digital natives, we bring a 27-year track record of accelerating business impact through complete and scalable digital </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">solutions. With a global presence in 8 countries with a nearshore delivery model, CI&amp;T is the Employer of Choice for more than 5,500 professionals in strategy, data science, design, and engineering, unlocking top-line growth, improving customer experience,</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and driving operational efficiency.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 12pt 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Basis of accounting and functional currency</font></p>
<p style="margin: 12pt 0cm; text-align: justify; background: white; line-height: 115%; font-size: 11pt; font-family: Arial, 'sans-serif';"><font lang="EN-US" style="font-size: 10.0pt; line-height: 115%; font-family: Poppins; mso-fareast-font-family: Poppins; mso-bidi-font-family: Poppins; color: #050505;"><font style="font-family: 'times new roman', times;">CI&amp;T maintains its books and records in Brazilian <i style="mso-bidi-font-style: normal;">reais</i>, the presentation currency for its audited consolidated financial statements, and the functional currency of our operations in Brazil. CI&amp;T prepares its audited consolidated financial statements in accordance with IFRS, as issued by the IASB.</font> </font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 12pt 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Non-IFRS Financial Measures</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">W</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">e regularly monitor certain financial and operating metrics to evaluate our business, measure our performance, identify trends affecting our business, formulate financial projections and make strategic decisions. These non-IFRS financial measures include A</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">djusted Gross Profit, Adjusted Gross Profit Margin, EBITDA, EBITDA Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Profit for the period, Adjusted Net Profit Margin for the period, Net Revenue at Constant </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Currency</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and Net Revenue Increase at </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Constant Currency, and should be considered in addition to results prepared in accordance with IFRS, but not as substitutes for IFRS results. In addition, our calculation of these non-IFRS financial measures may be different from the calculation used by ot</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">her companies, and therefore comparability may be limited. These non-IFRS financial measures are provided as additional information to enhance investors&#8217; overall understanding of the historical and current financial performance of our operations. Please refer to the previous pages for reconciliations and explanation of the reconciliation itens for Non-IFRS measures and see appendix below "Reconciliation of Non-IFRS measures Pro Forma, including the Dextra acquisition as if the acquisition had occurred on January 1, 2021" for reconciliations of our Non-IFRS measures to the nearest IFRS measure.</font></font></p>
<p style="margin: 12pt 0pt 10pt; 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; background-color: #ffffff; line-height: 1.3; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">We monitor our net revenue at constant currency and net revenue increase at constant currency. As the impact of foreign currency exchange rates is highly volatile and difficult to<font>&nbsp;</font></font><font style="color: #050505; font-size: 10pt; line-height: inherit;">predict, we believe Net Revenue at Constant Currency and Net Revenue Increase at Constant Currency allow us to better understand the underlying business trends and performance of our ongoing operations on a period-over-period basis by eliminating the effec</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">t of fluctuations in the exchange rates we use in the translation of our Net revenue in foreign currencies into Brazilian<font>&nbsp;</font></font><font style="color: #050505; font-size: 10pt; font-style: italic; line-height: inherit;">reais</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">. We calculate Net Revenue at Constant Currency and Net Revenue Increase at Constant Currency by translating Net revenue from ent</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">ities reporting in foreign currencies into Brazilian<font>&nbsp;</font></font><font style="color: #050505; font-size: 10pt; font-style: italic; line-height: inherit;">reais</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"><font>&nbsp;</font>using the comparable foreign currency exchange rates from the prior period.</font></font></p>
<p style="margin: 12pt 0pt 10pt; 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; background-color: #ffffff; line-height: 1.3; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">CI&amp;T is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted EBITDA to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, stock-based compensation expense, acquisition-related charges, the tax effect of non-IFRS adjustments and other items. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period.</font></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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>9</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In calculating Adjusted Gross Profit, we exclude cost components that are not related to the direct management of our services. For the periods herein, the adjustments applied were: (i) depreciation and amortization related to costs of services provided; and (ii) stock options compensation plan expenses. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In calculating Adjusted EBITDA, we exclude components that are not related to the direct management of our services. For the periods herein, the adjustments were: (i) consulting expenses related to corporate reorganization and initial public offering expenses, as well as mergers and acquisitions activity; (ii) government grants related to tax reimbursement in the Chinese subsidiary; (iii) stock options compensation plan expenses; and (iv) the impairment related to the discontinuation of certain investments made by Dextra on certain in progress intangible assets related to digital platforms following the closing of the Dextra acquisition. CI&amp;T does not expect a continuing impact in its operations related to this impairment.&nbsp;</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">In calculating Adjusted Net Profit, we exclude cost components that are not related to the direct management of our services. For the periods herein, the adjustments applied were: (i) consulting expenses related to corporate reorganization and initial public offering costs, as well as mergers and acquisitions activity; and (ii) the impairment related to the discontinuation of certain investments made by Dextra on certain in progress intangible assets related to digital platforms following the closing of the Dextra acquisition. CI&amp;T does not expect a continuing impact in its operations related to this impairment. Net Revenue Retention Rate is calculated by dividing Net revenue, less Net revenue generated from new clients in a given year, over Net revenue from the previous year. Cash conversion rate is calculated by dividing cash generated from operating activities over adjusted EBITDA. </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 12pt 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cautionary Statement on Forward-Looking Statements</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 1.3; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; line-height: inherit;"><font style="color: #050505; font-size: 10pt; line-height: inherit;">This press release includes "forward-looking statements" within the me</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">aning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, which include but are not l</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">imited </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">to:</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> the statements under "Business outlook," including expectations relating to revenues and other </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">financial or business metrics; statements regarding relationships with clients; and any other statements of expectation or belief. The words &#8220;believe,</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">&#8221; &#8220;will,&#8221; &#8220;may,&#8221; &#8220;may have,&#8221; &#8220;would,&#8221; &#8220;estimate,&#8221; &#8220;continues,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;budget,&#8221; "scheduled,&#8221; &#8220;forecasts&#8221; and similar words are intended to identify estimates and forward-looking statements, but the absence of these wo</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">rds does not mean that a statement is not forward-looking. Forward-looking statements represent our management's beliefs and assumptions only as of the date of this press release. You should read this press release with the understanding that our actual fu</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">ture results may be materially different from what we expect. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> from results expressed or implied in this press release. Such risk factors include, but are not limited to, those related to: the current and future impact of the COVID-19 pandemic on our business and industry; the effects of competition on our business; </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">uncertainty regarding the demand for and market utilization of our services; the ability to maintain or acquire new client relationships; general business and economic conditions; our ability to successfully integrate </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">Dextra</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">; and our ability to successfull</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">y execute our growth strategy and strategic plans. Additional information concerning </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">these</font><font style="color: #050505; font-size: 10pt; line-height: inherit;"> and other risks and uncertainties are contained in the "Risk Factors" section of CI&amp;T's registration statement on Form F-1. Additional information will be made avail</font><font style="color: #050505; font-size: 10pt; line-height: inherit;">able in our annual reports on Form 20-F, and other filings and reports that CI&amp;T may file from time to time with the SEC. Except as required by law, CI&amp;T assumes no obligation and does not intend to update these forward-looking statements or to update the </font><font style="color: #050505; font-size: 10pt; line-height: inherit;">reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 12pt 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Contacts</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Investor Relations Contact:</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt;">Eduardo </font><font style="color: #050505; font-size: 10pt;">Galv&#227;o</font></font></p>
<p style="background-color: #ffffff; font-size: 11pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt; text-decoration: underline;">egalvao@ciandt.com</font><font style="color: #050505; font-size: 10pt;"> </font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Media Relations Contact:</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt;">Zella </font><font style="color: #050505; font-size: 10pt;">Panossian</font></font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">ciandt@illumepr.com</font></p>
<p style="background-color: #ffffff; font-size: 10pt; line-height: 150%; margin: 0pt; text-align: justify;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>10</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Consolidated Statement of profit and loss, including </font><font style="color: #050505; font-weight: bold;">Dextra</font><font style="color: #050505; font-weight: bold;"> as of August 10, 2021</font></font></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff; color: #050505;">(</font><font style="background-color: #ffffff; color: #050505;">in</font><font style="background-color: #ffffff; color: #050505;"> BRL thousand)</font></font></p>
<table cellspacing="0" cellpadding="0" style="height: 365px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 13px;">
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 13px; border-bottom-width: 1px; width: 41.946%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td colspan="4" style="background-color: #ffffff; padding: 0px 2px; vertical-align: middle; height: 13px; border-bottom: 1px solid #000000; width: 26.9829%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Three months ended December 31,</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: middle; height: 13px; border-bottom-width: 1px; width: 0.981194%;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 13px; border-bottom-width: 1px; width: 1.96239%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td colspan="4" style="background-color: #ffffff; padding: 0px 2px; vertical-align: middle; height: 13px; border-bottom: 1px solid #000000; width: 26.9828%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Full year ended December 31,</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: middle; height: 13px; border-bottom-width: 1px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 41.946%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.06296%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.96239%;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 0.981194%;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.96239%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 0.981194%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 2.04415%;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; height: 10px; width: 41.946%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net Revenue</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; width: 11.9379%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">456,794</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.96239%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; width: 12.0196%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">265,367</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 10px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; width: 1.96239%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; width: 12.0196%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,444,380</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 2.04415%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; width: 11.9379%; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">956,519</font></p>
</td>
<td style="padding: 2px 0px; width: 1.06296%; height: 10px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Costs of services provided</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>294,746</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>166,294</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>935,732</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>600,866</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross Profit</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">162,048</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">99,073</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">508,648</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">355,653</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Selling expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>27,752</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>25,815</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(89,654)</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>65,093</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>58,685</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>22,861</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>151,681</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>81,161</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Research and technological innovation expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>810</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>4</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>3,462</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,533</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>191</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>497</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>196</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other income (expenses) net</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,716</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">272</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>22,206</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">2,503</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Operating profit before financial income and tax</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">78,860</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">49,668</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">244,606</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">208,244</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Finance income</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">26,395</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">14,957</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">69,816</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">47,808</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Finance cost</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>34,525</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>16,374</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>104,048</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>63,261</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net finance expense</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>8,130</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>1,417</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>34,232</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>15,453</font></font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Profit before Income tax </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">70,730</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">48,251</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">210,374</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">192,791</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income tax expense</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Current</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>32,008</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>24,434</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>95,375</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>66,912</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Deferred</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">5,106</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">5,584</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">10,958</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,775</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the year</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">43,828</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">29,401</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">125,957</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">127,654</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Income attributable to:</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 1.06296%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 1.96239%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; width: 0.981194%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; height: 17px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Controlling shareholders</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">125,957</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">127,654</font></p>
</td>
<td style="padding: 2px 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Non-controlling interests</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 2.04415%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 2px 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Earnings per share</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Earnings per share &#8211; basic (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 1.96239%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.03</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; width: 2.04415%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.06</font></p>
</td>
<td style="padding: 2pt; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 41.946%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Earnings per share &#8211; diluted (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 1.96239%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.01</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; width: 0.981194%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 2.04415%;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.04</font></p>
</td>
<td style="padding: 2pt; height: 17px; background-color: #cceeff; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

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

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>11</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-weight: bold;">Consolidated statements of financial position</font></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;">(in BRL thousand)</p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 395px; width: 100%;" width="100%">

<tr style="height: 12px;">
<td style="padding: 2pt; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Assets</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; border-bottom: 1px solid #000000; height: 12px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; border-bottom: 1px solid #000000; height: 12px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Liabilities and equity</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; border-bottom: 1px solid #000000; height: 12px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; height: 12px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: middle; border-bottom: 1px solid #000000; height: 12px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; width: 26%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Cash and cash equivalents</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; width: 10%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">135,727</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; width: 2%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; width: 10%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">162,827</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; width: 4%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; width: 26%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Suppliers and other payables</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; width: 10%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">33,566</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; width: 2%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; width: 10%; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15,312</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Financial Investments</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">798,786</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans and borrowings</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">164,403</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">75,377</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Trade receivables</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">340,519</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">196,256</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Lease liabilities</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">21,214</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">14,569</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Contract assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">134,388</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">50,625</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Salaries and welfare charges</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">234,173</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">141,794</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Recoverable taxes</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7,785</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,016</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts payable for business combination</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">48,923</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Tax assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,810</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,117</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Derivatives</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">535</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,392</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Derivatives</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">896</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">8,837</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Tax liabilities</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,345</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">6,078</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">29,994</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">12,874</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other taxes payable</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,423</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,279</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total current assets</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,450,905</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">434,552</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Dividends and interest on equity payable</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">30,677</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Contract liability</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,722</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">9,987</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Indemnity</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">628</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Recoverable taxes</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,046</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,099</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other liabilities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,669</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7,899</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Deferred tax</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">31,989</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15,152</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Total current liabilities</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">548,973</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">310,992</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Judicial deposits</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,079</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,083</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,974</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,494</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans and borrowings</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">624,306</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,853</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Property, plant and equipment</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">57,721</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">38,771</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Lease liabilities</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">60,674</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">60,659</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Intangible assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">738,803</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18,166</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Provisions</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">633</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">161</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Right-of-use assets</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">73,827</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">69,765</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts payable for business combination</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">36,803</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total non-current assets</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">911,439</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">150,530</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other liabilities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,660</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">957</font></p>
</td>
</tr>
<tr style="height: 12px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 12px;">
<p style="font-size: 2pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total non-current liabilities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">724,076</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">75,630</font></p>
</td>
</tr>
<tr style="height: 7px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 7px;">
<p style="font-size: 3pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Share capital</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">36</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">68,968</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Share premium</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">915,947</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Capital reserves</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">10,105</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">6,764</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Profit reserves</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">125,957</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 2px 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">109,308</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other comprehensive income</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">37,250</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,420</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2px 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total equity</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,089,295</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; background-color: #cceeff; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">198,460</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total assets</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,362,344</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">585,082</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total equity and liabilities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,362,344</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; border-bottom-width: 1px; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 2px 2px 2px 0px; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">585,082</font></p>
</td>
</tr>

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

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>12</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-weight: bold;">Cash Flow Statement</font><br></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;">(in BRL thousand)</p>
<table cellspacing="0" cellpadding="0" style="height: 840px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ffffff; padding: 2pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; height: 10px; width: 0.981194%;"><br></td>
<td style="padding: 2pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 2.04415%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
<td style="padding: 2pt; vertical-align: bottom; height: 10px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cash flow from operating activities</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 2.04415%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net profit for the year</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">125,957</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">127,654</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Adjustments for:</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Depreciation and amortization</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">48,354</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">29,882</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Gain/loss on the sale of property, plant and equipment and intangible assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,237</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">689</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Interest, monetary </font><font style="color: #050505;">variation</font><font style="color: #050505;"> and exchange rate changes</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">45,627</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">7,789</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Interest on accounts payable for business combinations</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">3,091</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Interest on lease</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">6,369</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">5,023</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Unrealized loss (gain) on financial instruments</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">3,084</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>2,512</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income tax expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">84,417</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">65,137</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Impairment losses on trade receivables</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">280</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">414</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Provision for (reversal of) impairment losses on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">217</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>218</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Write-off of intangible assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">21,894</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Provision for labor risks</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">472</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>12</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Provision for indemnity</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>18</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Share-based plan</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">2,531</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">942</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Exchange rate changes on indemnity</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>4,324</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Others</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">98</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">469</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Variation in operating assets and liabilities</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Trade receivables</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>102,300</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>47,848</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Contract assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>52,876</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>8,339</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other taxes recoverable</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>13,806</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">461</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Tax assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>91</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">507</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Judicial deposits</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">4</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Suppliers</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">12,215</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">6,746</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Salaries and welfare charges</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">63,083</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">49,086</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Tax liabilities</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>17,364</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>12,275</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other taxes payable</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,698</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>407</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Contract liabilities</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,922</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>7,138</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Payment of share-based indemnity</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>628</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>43,354</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other receivables and payables, net</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>21,054</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>11,435</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cash generated from operating activities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">214,431</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">156,919</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income tax paid</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>64,150</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>47,044</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Interest paid on loans and borrowings</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>12,149</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>3,880</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Interest paid on lease</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>5,753</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>5,023</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net cash from operating activities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">132,379</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">100,972</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Cash flows from investment activities:</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Acquisition of property, plant and equipment and intangible assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>29,907</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>21,391</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Financial investment application</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>784,915</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Acquisition of subsidiary net of cash acquired</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>692,722</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net cash used in investment activities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>1,507,544</font></font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>21,391</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cash flow from financing activities:</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Share-based plan contributions</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,282</font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Issuance of common shares at initial public offering</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">915,947</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Transaction cost of offering</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>55,874</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Dividends paid</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>126,045</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>30,977</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Interest on equity, paid</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>6,288</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>4,276</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Payment of lease liabilities</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>17,656</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>15,500</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Proceeds from loans and borrowings</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">740,596</font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">144,269</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Payment of loans and borrowings</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>75,196</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>88,107</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net cash from financing activities</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,376,766</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">5,409</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net increase in cash and cash equivalents</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,601</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; border-bottom-width: 1px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">84,990</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Cash and cash equivalents as of January 1st</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">162,827</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; border-bottom-width: 1px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">79,500</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Exchange variation effect on cash and cash equivalents</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>20,949</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,663</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Cash reduction due to spin-off effect</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>7,752</font></font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom">)</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #000000; padding: 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 71.8724%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Cash and cash equivalents as of December 31, 2021</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12.0196%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">135,727</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px; background-color: #cceeff; height: 15px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 1px solid #000000; padding: 0px; height: 15px; background-color: #cceeff; width: 2.04415%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #000000; padding: 0px 0px 1px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 11.9379%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">162,827</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 15px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>13</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<div style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br></font></div>
<div style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-weight: bold;">Pro Forma- Statement of profit and loss (Unaudited )</font></div>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff; color: #050505;">(</font><font style="background-color: #ffffff; color: #050505;">in</font><font style="background-color: #ffffff; color: #050505;"> BRL thousand) </font></font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8352%; height: 387px;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 150%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">CI&amp;T</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 150%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Dextra</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Transaction Accounting Adjustments</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px;"><br></td>
<td style="background-color: #ffffff; padding: 0px 2px; vertical-align: bottom; height: 10px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">CI&amp;T Pro forma 2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 2pt; vertical-align: bottom; height: 10px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 42%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net revenue</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,444,380</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2%; height: 10px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">172,959</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2%; height: 10px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%; border-bottom-width: 1px; text-align: right;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;-</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2%; height: 10px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px; background-color: #cceeff; width: 12%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,617,339</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Costs of services provided</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>935,732</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>103,207</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; text-align: right; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,038,939</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross profit</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">508,648</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">69,752</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; text-align: right;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">578,400</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Selling expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>89,654</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,021</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; text-align: right;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>90,675</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-right: none; border-left: none;"><font style="border-left: none; border-right: none;"><font>151,681</font></font></font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>20,010</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>14,927</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>186,618</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Research and technological innovation expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>4</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>4</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>497</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">92</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>405</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Other income (expenses) net</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>22,206</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>884</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>23,090</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Operating profit before financial income and tax</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">244,606</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">47,929</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>14,927</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">277,608</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Finance income</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">69,816</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">224</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">70,040</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Finance cost</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>104,048</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,852</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>28,794</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>134,694</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net finance costs</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>34,232</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>1,628</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>28,794</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>64,654</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Profit before Income tax</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">210,374</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,301</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>43,721</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">212,954</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income tax</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>84,417</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>14,358</font></font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">14,865</font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>83,910</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Current</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>95,375</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>12,740</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">14,865</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>93,250</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Deferred</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">10,958</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,618</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9,341</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">125,957</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">31,943</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>28,856</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">129,044</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Income attributable to:</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Controlling shareholders</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">125,957</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">31,943</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>28,856</font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">129,044</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">125,957</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">31,943</font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>28,856</font></font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">129,044</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Earnings per share</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Earnings per share &#8211; basic (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.030</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 10px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.060</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Earnings per share &#8211; diluted (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.010</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1.030</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>

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

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>14</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff; color: #050505; font-weight: bold;">APPENDIX</font></font></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff; color: #050505; font-weight: bold;">Reconciliation of Non-IFRS measures - Pro Forma, including the </font><font style="background-color: #ffffff; color: #050505; font-weight: bold;">Dextra</font><font style="background-color: #ffffff; color: #050505; font-weight: bold;"> acquisition as if the acquisition had occurred on January 1, 2021 (Unaudited)</font></font></p>
<p style="background-color: #ffffff; margin: 12pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="background-color: #ffffff; color: #050505;">(</font><font style="background-color: #ffffff; color: #050505;">in</font><font style="background-color: #ffffff; color: #050505;"> BRL thousand)</font></font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 769px;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; width: 71.8724%; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; width: 12.0196%; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: middle; width: 0.981194%; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: middle; width: 2.04415%; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; width: 11.9379%; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: middle; width: 1.06296%; height: 17px;"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Net Revenue</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,617,339</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,160,555</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Cost</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,038,939</font></font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">717,701</font></font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Gross Profit</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">578,400</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">442,854</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Selling, general, and administrative</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>277,297</font></font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">210,678</font></font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>405</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">258</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Other income (expenses) net</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>23,090</font></font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">789</font></font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Operating profit before financial income</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">277,608</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">231,129</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Net finance expense</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>64,654</font></font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">58,825</font></font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Profit before Income tax</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">212,954</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">172,304</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Income Tax</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>83,910</font></font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font style="border-left: none; border-right: none;">57,702</font></font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">129,044</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">114,602</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Reconciliation of </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">Adjusted Gross Profit</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Gross Profit</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">578,400</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">442,854</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjustments</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Depreciation and amortization (cost of services provided)</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">37,004</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">28,591</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Stock Options</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,930</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">139</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font style="color: #050505;">Adjusted </font><font style="color: #050505; font-style: italic;">Pro forma </font><font style="color: #050505;">Gross Profit</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">617,335</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">471,584</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Adjusted </font><font style="color: #050505; font-style: italic;">Pro forma </font><font style="color: #050505;">Gross Profit Margin</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">38.0</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">%</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">40.6</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">%</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Reconciliation of </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">EBITDA</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">129,044</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">114,602</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjustments</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Net finance expense</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">64,654</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">58,825</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Income tax expense</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">83,910</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">57,702</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Depreciation and amortization</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">71,779</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">64,587</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma EBITDA</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">349,387</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">295,716</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma EBITDA Margin</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">21.6</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">%</td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">25.5</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">%</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Reconciliation of Adjusted </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">EBITDA</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Pro forma Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">129,044</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">114,602</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjustments</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Net finance expense</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">64,654</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">58,825</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Income tax expense</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">83,910</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">57,702</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Depreciation and amortization</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">71,779</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">64,587</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Stock Options</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">2,531</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">934</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Consultant Expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9,177</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,706</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Government grants</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>2,481</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>1,571</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Impairment</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">21,895</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Indemnity</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(<font>18</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Adjusted </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">EBITDA</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">380,508</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">296,767</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Adjusted </font><font style="color: #050505; font-style: italic;">Pro forma </font><font style="color: #050505;">EBITDA Margin</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">23.5</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">%</td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">25.6</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">%</td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Reconciliation of Adjusted </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">Net Income</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Pro forma Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">129,044</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">114,602</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Adjustments</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Business Consultant Cost</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9,177</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,706</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Impairment</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">21,895</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Indemnity</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">0</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">(18)</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px; vertical-align: bottom; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505; font-weight: bold;">Adjusted </font><font style="color: #050505; font-style: italic; font-weight: bold;">Pro forma </font><font style="color: #050505; font-weight: bold;">Net profit for the period</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">160,116</font></p>
</td>
<td style="padding: 0px; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">116,290</font></p>
</td>
<td style="padding: 0px; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 71.8724%; height: 16px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #050505;">Adjusted </font><font style="color: #050505; font-style: italic;">Pro forma </font><font style="color: #050505;">Net profit Margin for the period</font></font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 12.0196%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">9.9</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 0.981194%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">%</td>
<td style="padding: 0px; background-color: #cceeff; width: 2.04415%; height: 16px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 1px; vertical-align: bottom; background-color: #cceeff; width: 11.9379%; height: 16px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">10.0</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1.06296%; height: 16px; vertical-align: bottom;" valign="bottom">%</td>
</tr>

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

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>15</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><img src="imgcd01d633359040ef8f3b.jpg" alt="Graphics"></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt;"><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 35px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-left: 0.88pt solid #ffffff !important; border-top: 0.88pt solid #ffffff !important;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="background-color: #ffffff; color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">NET REVENUE AT CONSTANT CURRENCY</font></p>
</td>
<td colspan="3" style="background-color: #ffffff; padding: 0px; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000; border-top: 0.88pt solid #ffffff !important;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Three months ended December 31,</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-top: 0.88pt solid #ffffff !important;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td colspan="3" style="background-color: #ffffff; padding: 0px; vertical-align: middle; height: 10px; border-bottom: 1px solid #000000; border-top: 0.88pt solid #ffffff !important;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Full year ended December 31,</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-left: 0.88pt solid #ffffff !important;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2021</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="background-color: #ffffff; padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; border-right: 0.88pt solid #ffffff !important;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: center; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">2020</font></p>
</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="border-bottom: 1px solid #ffffff; border-left: 0.88pt solid #ffffff !important; padding: 2pt; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 46%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">Net Revenue at Constant Currency</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">448,375</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 2%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">265,292</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 2%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">1,408,679</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 2%;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; orphans: 0; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 1px solid #ffffff; border-right: 0.88pt solid #ffffff !important; padding: 2px 0px; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 12%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; orphans: 0; text-align: right; widows: 0;"><font style="color: #050505; font-family: 'times new roman', times; font-size: 10pt;">958,142</font></p>
</td>
</tr>

</table>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="color: #050505; font-size: 10pt;"><br></font></font></p>
<p style="background-color: #ffffff; margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>16</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 11pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 11pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 48pt;">CI&amp;T </font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 48pt;">Inc</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Consolidated financial statements</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">December 31, 2021</font></p>
<p style="margin: 0pt;"><font style="font-family: Arial; font-size: 11pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><br></p>
<p style="margin: 0pt;"><br></p>
<p style="margin: 0pt;"><br><font style="font-family: 'Times New Roman'; font-size: 12pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Univers 45 Light'; font-size: 11pt; font-weight: bold;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="margin: 0pt;"><font style="font-family: 'Univers 45 Light'; font-size: 11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Univers 45 Light'; font-size: 11pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font></p>
</div>
<p><br></p>
<div>
<p style="margin: 0pt 0pt 0pt 600.1pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>17</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<br></div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p><br></p>
&#8203;
<table cellpadding="0" cellspacing="0" border="0" style="height: 171px; width: 100%; margin-left: 0.1px;">

<tr style="height: 52px;">
<td style="width: 82.8226%; height: 52px;"><font style="font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="TOC"></a></font>
<h4 style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; vertical-align: middle;"><font style="font-size: 10pt;">Content&nbsp;</font></h4>
</td>
<td style="width: 17.0161%; height: 52px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#Basasac_KRM6MJI2WW00000000000000000000">Independent auditors' report on the consolidated financial statements</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">19</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#Bposition_OMP3KE3UJ400000000000000000000">Consolidated statements of financial position</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">23</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#Bprofit_XFPGPD3MRK00000000000000000000">Consolidated statements of profit or loss</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">24</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#Bincome_GDY1QMYKKW00000000000000000000">Consolidated statement of other comprehensive income</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">25</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#Bequity_N2AC463ITC00000000000000000000">Consolidated statement of changes in equity</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">26</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#BCASHFLOW_CRVIU8QCRK00000000000000000000">Consolidated statement of cash flows</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">27</font></td>
</tr>
<tr style="height: 17px;">
<td style="width: 82.8226%; height: 17px;"><font style="font-size: 10pt;"><a href="#BNotestothe_8EVBX5ONUO00000000000000000000">Notes to the consolidated financial statements</a></font></td>
<td style="width: 17.0161%; height: 17px; text-align: center;"><font style="font-size: 10pt;">28</font></td>
</tr>

</table>
<p style="margin: 0px; text-indent: 0px;"><br></p>
<p style="margin: 0px; text-indent: 0px;"><br></p>
<p style="margin: 0px; text-indent: 0px;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>18</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0px; text-indent: 0px;"><br></p>
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
</div>
<p style="margin: 0px; text-align: right; text-indent: 0px;"><br></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 100%;"><font style="font-family: 'times new roman', times;"><img src="imgac5a45f705ad4a29b628.jpg" alt="Graphics"></font></td>
</tr>

</table>
<p style="margin: 0pt;"><br></p>
<p style="line-height: 14pt; margin: 1pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">KPMG Auditores Independentes Ltda.</font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Av. Coronel Silva Teles, 977, 10&#186; andar, Conjuntos 111 e 112 - Cambu&#237;</font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Edif&#237;cio Dahruj Tower</font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13024-001 - Campinas/SP - Brasil</font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Caixa Postal 737 - CEP: 13012-970 - Campinas/SP - Brasil </font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Telefone +55 (19) 3198-6000</font></p>
<p style="line-height: 14pt; margin: 1pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">kpmg.com.br</font></p>
<p style="margin: 6.5pt 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">To the Management, Those Charged with Governance and Shareholders of</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">CI&amp;T Inc.</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<div style="margin: 6.5pt 0pt; text-align: justify;"><a style="text-decoration: none; color: rgb(0, 0, 0); cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Basasac_KRM6MJI2WW00000000000000000000" class="customBookmark"><font style="color: #004e98; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Independent Auditor&#8217;s Report on the Consolidated Financial Statements</font></a></div>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Opinion</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We have audited the consolidated financial statements of CI&amp;T Inc. (&#8220;the Company&#8221;), which comprise the consolidated statement of financial position<font style="font-weight: bold;"> </font>as at December 31, 2021, the consolidated statements of profit or loss, other comprehensive income, changes in equity and cash flows for the year then ended, and notes, comprising significant accounting policies and other explanatory information.</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as at December 31, 2021, and its consolidated financial performance and its consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB).</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Basis for Opinion</font></p>
<p style="margin: 6pt 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We conducted our audit in accordance with <font style="font-style: italic;">International Standards on Auditing</font> (ISAs). Our responsibilities under those standards are further described in the Auditors&#8217; Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Company in accordance with the relevant ethical requirements included in the Accountant Professional Code of Ethics (&#8220;C&#243;digo de &#201;tica Profissional do Contador&#8221;) and in the professional standards issued by the Brazilian Federal Accounting Council (&#8220;Conselho Federal de Contabilidade&#8221;) and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Key Audit Matters</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current year. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. </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;"><font style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno"><font class='pageno'>19</font></font></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;"><font style="font-family: 'times new roman', times;"><a href="#TOC">Table of Contents</a></font></div>
</div>
<p><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse;margin-left: 0pt;font-family: 'times new roman';font-size: 10pt;border-color: rgb(0, 156, 220);" width="100%">

<tr style="height: 7.2pt;">
<td colspan="2" style="background-color: rgb(0, 156, 220);padding: 5.65pt;vertical-align: bottom;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #ffffff; font-weight: bold;">Assessment of the initial fair value measurement of intangible assets acquired through the business combination of </font><font style="color: #ffffff; font-weight: bold;">Dextra</font><font style="color: #ffffff; font-weight: bold;"> </font><font style="color: #ffffff; font-weight: bold;"> </font></font></p>
</td>
</tr>
<tr style="height: 7.2pt;">
<td colspan="2" style="padding: 5.65pt;vertical-align: bottom;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Note n&#186; 9 to the consolidated financial statements&nbsp;</font></p>
</td>
</tr>
<tr style="height: 7.2pt;">
<td style="padding: 5.65pt;vertical-align: bottom;width: 47.32%;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="margin: 0pt;"><font style="color: #0091da; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Key audit matters</font></p>
</td>
<td style="padding: 5.65pt;vertical-align: bottom;width: 52.68%;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="margin: 0pt;"><font style="color: #0091da; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">How the matter was addressed in our audit</font></p>
</td>
</tr>
<tr style="height: 7.2pt;">
<td style="padding: 5.65pt;vertical-align: top;width: 47.32%;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="background-color: #ffffff; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">During the fiscal year 2021, the Company acquired control of Dextra Investimentos S.A. and its subsidiaries (&#8220;Dextra&#8221;). The acquisitions were completed in 2021, after approval by regulatory bodies and compliance with legal formalities. The acquisition is considered a business combination.</font></p>
<p style="background-color: #ffffff; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="background-color: #ffffff; margin: 0pt 0pt 6pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The fair value of the acquired intangible assets was determined based on the estimated future cash flows to be generated from the acquired assets.&nbsp;The definition of useful life for the identified assets used to estimate the fair value of the acquired intangible assets involved a high degree of judgment and effort due to the significant measurement of methodology and uncertainty in the assumptions.</font></p>
<p style="margin: 0pt 0pt 6pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Due to the relevance and high degree of judgment involved in the fair value measurement of intangible assets acquired, we consider this matter to be significant for our audit work.</font></p>
</td>
<td style="padding: 5.65pt;vertical-align: top;width: 52.68%;border-width: 1pt 1pt 1px;border-style: solid;border-color: rgb(0, 156, 220);">
<p style="background-color: #ffffff; margin: 0pt 0pt 6pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We analyzed the acquisition was considered a business combination agreement and with the technical support of our specialists in corporate finance, we evaluated the reasonableness and consistency of the methodology used to measure the fair value attributed to the acquired assets, identified intangibles, as well as the assumption of useful life estimates used in the projection of cash flows compared with reference market values. The assessment of the disclosures made by the Company in the consolidated financial statements was also part of our procedures. </font></p>
<p style="margin: 0pt 0pt 6pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Based on the evidence obtained through the procedures described above, we believe that the fair value measurement of intangible assets acquired, recognition and disclosure of the business combination is reasonable in the context of the financial statements taken as a whole.</font></p>
<p style="margin: 0pt 0pt 6pt;"><br></p>
</td>
</tr>

</table>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">Responsibilities of Management and Those Charged with Governance for the Consolidated</font> <font style="font-style: italic;">Financial Statements</font></font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with IFRS as issued by the IASB, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. </font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In preparing the consolidated financial statements, management is responsible for assessing the Company&#8217;s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times;"><font style="font-size: 10pt;">Those charged with governance are responsible for overseeing the Company&#8217;s financial reporting process.</font><font style="font-size: 11pt;"> </font></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;"><font style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno"><font class='pageno'>20</font></font></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;"><font style="font-family: 'times new roman', times;"><a href="#TOC">Table of Contents</a></font></div>
</div>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Auditors&#8217; Responsibilities for the Audit of the Consolidated Financial Statements</font></p>
<p style="margin: 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors&#8217; report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 6.5pt 1.45pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 0pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.</font></li>
</ul>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 0pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal control. </font></li>
</ul>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 0pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. </font></li>
</ul>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 0pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Conclude on the appropriateness of management&#8217;s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company&#8217;s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors&#8217; report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors&#8217; report. However, future events or conditions may cause the Company to cease to continue as a going concern.</font></li>
</ul>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 0pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.</font></li>
</ul>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; margin: 0pt 1.45pt 6.5pt 10.06pt; orphans: 0; padding-left: 7.94pt; text-align: justify; text-indent: 0pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit.&nbsp; We remain solely responsible for our audit opinion.</font></li>
</ul>
<div>
<table style="width: 100%; font-family: &quot;times new roman&quot;; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno"><font class='pageno'>21</font></font></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;"><font style="font-family: 'times new roman', times;"><a href="#TOC">Table of Contents</a></font></div>
</div>
<p style="margin: 0pt 1.45pt 0pt 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.4pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.4pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.4pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied. </font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.4pt 0pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 115%; margin: 0pt 1.4pt 6.5pt 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consolidated financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors&#8217; report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication. </font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Campinas, Brazil </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">March 9, 2022 </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">KPMG Auditores Independentes</font></p>
<p style="line-height: 12pt; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">CRC 2SP014428/O-6</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><br></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Marcio Jos&#233; dos Santos</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">CRC Accountant 1SP252906/O-0</font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 11pt;"><br></font></p>
<p style="line-height: 12pt; margin: 0pt 0pt 6pt; orphans: 0; widows: 0;"><br></p>
<div>
<table style="width: 100%; font-family: &quot;times new roman&quot;; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt; font-family: 'times new roman', times;" class="pageno"><font class='pageno'>22</font></font></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;"><font style="font-family: 'times new roman', times;"><a href="#TOC">Table of Contents</a></font></div>
</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: rgb(0, 0, 0); cursor: default; outline: none;" href="#TOC" name="BUnaudited_P4QL73GM0G00000000000000000000" class="customBookmark">CI&amp;T Inc.</a></font></b></font></p>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Bposition_OMP3KE3UJ400000000000000000000" class="customBookmark">Consolidated statement of financial position as of December 31, 2021 and 2020</a></font></b></font></p>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><font lang="EN-US" style="color: #000000;">(In thousands of Brazilian Reais - R$)</font></i></b></font></p>
<p style="margin: 0pt 0pt 0pt 458.9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</div>
<div>
<table cellspacing="0" cellpadding="0" style="height: 537px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100.001%; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <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: 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;">Note</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Liabilities and equity</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <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: 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;">Note</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Cash and cash equivalents</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman';">10</font><font style="font-family: 'Times New Roman';">.1</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; width: 1.06296%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">35</font><font style="font-family: 'Times New Roman';">,727</font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">162,827</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Suppliers and other payables</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; width: 1.06296%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">33,566 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15,312 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Financial investments</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman';">10</font><font style="font-family: 'Times New Roman';">.2</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">798,786</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans and borrowings</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">16</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">164,403 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">75,377 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Trade receivables</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">11</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">340,519 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">196,256 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Lease liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15.b</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">21,214 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">14,569 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Contract assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">23</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">134,388 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">50,625 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Salaries and welfare charges</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">17</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">234,173 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">141,794 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Recoverable taxes</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">7,785 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1,016 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts payable for business combination</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">48,923 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tax assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,810 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2,117 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Derivatives</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">28.1</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">535 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,392 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Derivatives</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">28.1</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">896 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">8,837 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Tax liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,345 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">6,078 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">12</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman';">29,</font><font style="font-family: 'Times New Roman';">994 </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">12,874 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other taxes payable</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5,423 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3,279 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Dividends and interest on equity payable</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">22</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">30,677 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total current assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">1,450,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">905 </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">434,552 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Contract liability</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,722 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">9,987 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Indemnity</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">21.c</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">628 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt; text-align: left;"><br></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right; width: 9.97547%;">
<p style="margin: 0pt;"><br></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; text-align: right; width: 9.97547%;">
<p style="margin: 0pt;"><br></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,669 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7,899 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; 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; font-size: 13.3333px; text-align: start; float: none; display: inline !important;">Recoverable taxes</font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; 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;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><br></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">3,046</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">3,099</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total current liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">548,973 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">310,992 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Deferred tax</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">26</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">31,989</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">15,152</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Judicial deposits</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">19</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">3,079</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">3,083</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Other assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">12</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">2,974</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">2,494</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans and borrowings </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">16</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">624,306 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,853 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-size: 13.3333px; 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-family: 'Times New Roman';">Property,<font>&nbsp;</font></font><font style="color: #000000; font-size: 13.3333px; 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-family: 'Times New Roman';">plant</font><font style="color: #000000; font-size: 13.3333px; 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-family: 'Times New Roman';"><font>&nbsp;</font>and equipment</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">13</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">57,721</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">38,771</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Lease liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15.b</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">60,674 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">60,659 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Intangible assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">14</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">738,803</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">18,166</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Provisions</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">19</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">633 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">161 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Right-of-use assets</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; background-color: #cceeff; width: 4.98774%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">15.a</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">73,827</font>&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;">69,765</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accounts payable for business combination</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">18</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">36,803 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; 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; float: none; display: inline !important;">Total non-current assets</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: right; 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: 13.3333px; font-weight: bold; float: none; display: inline !important;">911,439</font><font style="color: #000000; font-family: 'Times New Roman'; font-size: 14.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; 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;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: right; 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: 13.3333px; font-weight: bold; float: none; display: inline !important;">150,530</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,660 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">957 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total non-current liabilities</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">724,076 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">75,630 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">22</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Share capital</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">36 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">68,968 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Share premium</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">915,947 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Capital reserves</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">10,105 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">6,764 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Profit reserves</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">125,957 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">109,308 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other comprehensive income</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">37,250</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">13,420 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total equity </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,089,295</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; background-color: #cceeff; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">198,460 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 3.02535%;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 11pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 18.888%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 4.98774%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.06296%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.981194%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; height: 10px; background-color: #cceeff; width: 18.888%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total assets</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 4.98774%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 2.25pt double #000000; border-top: 0.5pt solid #000000; padding: 0px; height: 10px; background-color: #cceeff; width: 9.97547%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,362,344 </font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; border-top: 0.5pt solid #000000; padding: 0px; height: 10px; background-color: #cceeff; width: 9.97547%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">585,082 </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 3.02535%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px 0px 0px 5px; height: 10px; background-color: #cceeff; width: 18.888%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total equity and liabilities</font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 4.98774%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="border-bottom: 2.25pt double #000000; border-top: 0.5pt solid #000000; padding: 0px; height: 10px; background-color: #cceeff; width: 9.97547%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,362,344 </font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; border-top: 0.5pt solid #000000; padding: 0px; height: 10px; background-color: #cceeff; width: 9.97547%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">585,082 </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 0.981194%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 0px; padding-right: 0px; height: 10px; background-color: #cceeff; width: 1.06296%; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
<p style="margin: 5pt 0pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The accompanying notes are an integral part of these consolidated financial statements</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;">
<p><font style="font-size: 10pt;" class="pageno"><font class='pageno'>23</font></font></p>
</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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 5pt 0pt 0pt; line-height: 1.5; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="font-weight: bold; line-height: inherit;">CI&amp;T </font><font style="font-weight: bold; line-height: inherit;">Inc.</font></font></p>
<div style="margin: 0pt; line-height: 1.5;">
<p style="margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Bprofit_XFPGPD3MRK00000000000000000000" class="customBookmark">Consolidated statements of profit or loss</a> </font></b></font></p>
</div>
<p style="margin: 0pt; line-height: 1.5;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="font-weight: bold; line-height: inherit;">For the years ended on December 31, 2021</font><font style="font-weight: bold; line-height: inherit;"> and <font>2020</font></font></font></p>
<p style="margin: 5pt 0pt; line-height: 1.5; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><font style="font-style: italic; font-weight: bold; line-height: inherit;">(In thousands of Brazilian </font><font style="font-style: italic; font-weight: bold; line-height: inherit;">R</font><font style="font-style: italic; font-weight: bold; line-height: inherit;">eais &#8211; R$)</font></font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.558%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Note </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 70%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net revenue </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; width: 5%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>23</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>1,444,380</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>956,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Costs of services provided </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>935,732</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>600,866</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Gross profit </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>508,648</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>355,653</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Selling expenses </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>89,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>65,093</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> General and administrative expenses </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> (<font>151,681</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>81,161</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Research and technological innovation expenses </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>4</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>3,462</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Impairment loss on trade receivables and contract assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> (<font>497</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>196</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Other income (expenses) net </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>24</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> (<font>22,206</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2,503</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-weight: bold;"> (<font>264,042</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (<font>147,409</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-weight: bold;"> Operating profit before financial income and tax </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-weight: bold;"> <font>244,606</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>208,244</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt;"> Finance income </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>25</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> <font>69,816</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>47,808</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Finance cost </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>25</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> (<font>104,048</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>63,261</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net finance costs </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-weight: bold;"> (<font>34,232</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> (<font>15,453</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-weight: bold;"> Profit before income tax </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-weight: bold;"> <font>210,374</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>192,791</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Income tax expense </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Current </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>95,375</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>66,912</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">)</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Deferred </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>10,958</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>1,775</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net profit for the year </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-top: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Income attributable to: </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Controlling shareholders </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Net profit for the year </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="border-top: 0.5pt solid #000000; padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 2.8pt double #000000; border-top: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Earnings per share </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Earnings per share &#8211; basic (in R$) </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>27</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> <font>1.03</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> <font>1.06</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;">
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Earnings per share &#8211; diluted (in R$) </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>27</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> <font>1.01</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt;"> <font>1.04</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
<td style="padding: 0px; vertical-align: bottom;"><br></td>
</tr>

</table>
</div>
<p style="margin: 7pt 0pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The accompanying notes are an integral part of these consolidated financial statements.</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;">
<p><font style="font-size: 10pt;" class="pageno"><font class='pageno'>24</font></font></p>
</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;">Table of Contents</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: black;">CI&amp;T Inc.</font></b></font></p>
<p style="margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Bincome_GDY1QMYKKW00000000000000000000" class="customBookmark">Consolidated statement of other comprehensive income</a></font></b></font></p>
<p style="margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;">For the years ended on December 31, 2021 and 2020</font></b></font></p>
<p style="border: none; margin: 5pt 0pt; font-size: 12pt; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><font lang="EN-US" style="font-size: 10pt; color: #000000;"><font style="font-family: 'times new roman', times;">(In thousands of Brazilian Reais &#8211; R$)</font></font></i></b></p>
<table cellspacing="0" cellpadding="0" style="height: 167px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Note</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2021</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 70%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the year</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 5%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">125,957 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">127,654 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Other comprehensive income (OCI):</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Items that are or may be reclassified subsequently to profit or loss</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Exchange variation in foreign investments </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">22.d</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="font-size: 9pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">23,830</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">9,620 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total comprehensive income for the year</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">149,</font><font style="font-weight: bold;">787</font><font style="font-weight: bold;"> </font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; border-top: 1pt solid #000000; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">137,274 </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total comprehensive income attributed to</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Owners of the Company</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">149,787</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">137,274 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 14px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Total comprehensive income for the year</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 14px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 14px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">149,</font><font style="font-weight: bold;">787</font><font style="font-weight: bold;"> </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 14px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; border-bottom: 2.8pt double #000000; border-top: 1pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">137,274 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 14px;"><br></td>
</tr>

</table>
<p style="margin: 7pt 0pt; text-indent: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="font-family: 'times new roman', times; font-size: 10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font></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;">
<p><font style="font-size: 10pt;" class="pageno"><font class='pageno'>25</font></font></p>
</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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="border: none; margin: 5pt 0pt 0pt; font-size: 12pt; font-family: 'Times New Roman', 'serif'; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: black;">CI&amp;T Inc.</font></b></font></p>
<p style="margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Bequity_N2AC463ITC00000000000000000000" class="customBookmark">Consolidated statement of changes in equity</a></font></b></font></p>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;">For the years ended on December 31, 2021 and <font>2020</font></font></b></font></p>
<p style="border: none; margin: 5pt 0pt; font-size: 12pt; font-family: 'Times New Roman', 'serif'; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><font lang="EN-US" style="font-size: 10pt; color: #000000;"><font style="font-family: 'times new roman', times;">(In thousands of Brazilian Reais &#8211; R$)</font></font></i></b></p>
</div>
<div>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 587px; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="padding: 0.75pt 5.4pt; vertical-align: bottom; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td colspan="4" style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"> Profit reserves </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 52px;">
<td style="padding: 0.75pt 5.4pt; vertical-align: bottom; height: 52px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Notes </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Share capital </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Share premium </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Capital reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Legal reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Retained earnings reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Retained earnings </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Other comprehensive income </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; border-bottom: 0.75pt solid #000000; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> Total equity </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 52px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; width: 22%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 5%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>68,968</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>4,112</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>8,846</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>23,979</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; width: 7%; height: 17px; background-color: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">3,800</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 7%; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>109,705</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; width: 1%; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net profit for the year </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 51px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> Additional dividends related to <font>2019</font> approved at Extraordinary general meeting (EGM) held as of July 30, 2020 </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>16,263</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>16,263</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 51px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Other comprehensive income for the year </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>22</font>.d </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>9,620</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>9,620</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Share-based compensation </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>21</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2,652</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2,652</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Tax effect on the compensation of the share-based plan </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>45</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>45</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on shareholders&#180; equity </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>4,276</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>4,276</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Legal reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>4,947</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> (<font>4,947</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Minimum mandatory dividends </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>30,677</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>30,677</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Constitution of retained earnings reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>87,754</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>87,754</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Balances as of December 31, 2020 </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>68,968</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>6,764</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>13,793</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>95,515</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>13,420</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font>198,460</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 18px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Net profit for the year </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Spin-off of the CI&amp;T IOT </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>1</font>.a/<font>22</font>.a. </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>9,426</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>597</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>8,829</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> Merger of Hoshin investment </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>1</font>.a </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>108</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>108</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> Additional dividends of <font>2020</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>95,368</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>95,368</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Shares exercised of executive officers </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>21</font>.d </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>28,697</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>28,697</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Share-based compensation </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>21</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2,498</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>2,498</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Tax effect on the compensation of the share-based plan </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>147</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 34px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;">-</p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>147</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Interest on shareholders&#8217; equity </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>6,288</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font>-</font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>6,288</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 16px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Other comprehensive income for the year </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>22</font>.d </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 16px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;">-</p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>23,830</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>23,830</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 16px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 16px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> Corporate restructuring </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> (<font>88,206</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>95,711</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>13,793</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>6,288</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 34px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-size: 10pt;"> Shareholders&#8217; contribution and distributions to shareholders </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 34px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 34px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 34px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 7px; vertical-align: middle; height: 10px; background-color: #cceeff; 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'; font-size: 10pt;"> Capital contribution </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>22</font>.a </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>3</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>3</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: middle; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-size: 10pt;"> Initial public offering proceeds, gross </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>22</font>.b </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>915,947</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>915,947</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 12px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 7px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-size: 10pt;"> Initial public offering costs, net of taxes </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt;"> <font>22</font>.c </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>66,876</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>66,876</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Constitution of retained earnings reserve </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (<font>125,957</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: middle; height: 10px; background-color: #cceeff; 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'; font-size: 10pt; font-weight: bold;"> Balances as of December 31, 2021 </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">36</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">915,947</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">10,105</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font style="border-left: none; border-right: none;"> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">125,957</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><font style="border-left: none; border-right: none;"> - </font></font></p>
</td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">37,250</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="border-bottom: 2.25pt double #000000; padding: 1px 0px; vertical-align: bottom; border-top: 0.75pt solid #000000; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">1,089,295</font> </font></p>
</td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 1px 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The accompanying notes are an integral part of these consolidated financial statements.</font><br></p>
<p style="margin: 0pt; text-align: center;"><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;">
<p><font style="font-size: 10pt;" class="pageno"><font class='pageno'>26</font></font></p>
</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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="margin: 5pt 0pt 0pt; text-align: left; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b><font lang="EN-US">CI&amp;T Inc.</font></b></font><br></p>
</div>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="BCASHFLOW_CRVIU8QCRK00000000000000000000" class="customBookmark">Consolidated statement of cash flows</a> </font></b></font></p>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><font lang="EN-US" style="color: #000000;">For the years ended on December 31, 2021 and <font>2020</font></font></b></font></p>
<p style="border: none; margin: 5pt 0pt; font-size: 12pt; font-family: 'Times New Roman', 'serif'; text-indent: 0pt;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"><font lang="EN-US" style="font-size: 10pt; color: #000000;">(In thousands of Brazilian Reais &#8211; R$)</font></i></b><font style="font-family: 'times new roman', times; font-size: 10pt;"><b style="mso-bidi-font-weight: normal;"><i style="mso-bidi-font-style: normal;"></i></b></font></p>
<div>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 941px; width: 99.8366%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; border-bottom: 0.75pt solid #000000; vertical-align: top; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Notes </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.97206%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; border-bottom: 0.75pt solid #000000; vertical-align: bottom; width: 11.9967%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="font-weight: bold;"> December 31, 2021</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 0.986031%;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.97206%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; border-bottom: 0.75pt solid #000000; vertical-align: bottom; width: 11.9967%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="font-weight: bold;"> December 31, 2020</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; width: 59.9014%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-weight: bold;"> Cash flow from operating activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 10px; width: 10.0247%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; width: 1.97206%; background-color: #cceeff; height: 10px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 11.9967%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; width: 0.986031%; background-color: #cceeff; height: 10px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.97206%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 11.9967%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; width: 1.0682%; background-color: #cceeff; height: 10px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Net profit for the year </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-style: italic; font-weight: bold;"> Adjustments for: </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Depreciation and amortization </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13</font>, <font>14</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">48,354</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>29,882</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loss on the sale of property, plant and equipment and intangible assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13</font>, <font>14</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">1,237</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>689</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest, monetary variation and exchange rate changes </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">45,627</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,789</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest on accounts payable for business combinations </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">3,091</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest on lease </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">6,369</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,023</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Unrealized loss (gain) on financial instruments </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">3,084</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,512</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Income tax expenses </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">84,417</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>65,137</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment losses on trade receivables </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">280</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>414</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for (reversal of) impairment losses on contract assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>23</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">217</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>218</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Write-off of intangible assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>14</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">21,894</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for labor risks </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">472</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>12</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Provision for indemnity </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="border-left: none; border-right: none;"> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>18</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Share-based plan </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21</font>.e </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">2,531</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>942</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange rate changes on indemnity </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="border-left: none; border-right: none;"> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,324</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Others </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">98</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>469</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Variation in operating assets and liabilities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">102,300</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>47,848</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>23</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">52,876</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,339</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other taxes recoverable </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">13,806</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>461</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">91</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>507</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Judicial deposits </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">4</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Suppliers </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">12,215</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,746</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries and welfare charges </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>17</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">63,083</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>49,086</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax liabilities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">17,364</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>12,275</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other taxes payable </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">1,698</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>407</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract liabilities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">1,922</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>7,138</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of share-based indemnity </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 10px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 10px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">628</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>43,354</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other receivables and payables, net </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">21,054</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>11,435</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Cash generated from operating activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">214,431</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>156,919</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Income tax paid </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>26</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">64,150</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>47,044</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest paid on loans and borrowings </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">12,149</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,880</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest paid on lease </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">5,753</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,023</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash from operating activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">132,379</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>100,972</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-weight: bold;"> Cash flows from investment activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of property, plant and equipment and intangible assets </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13</font>, <font>14</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">29,907</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>21,391</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investment application </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">784,915</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Acquisition of subsidiary net of cash acquired </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9</font>, <font>9</font>.c </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">692,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> -&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash used in investment activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font style="border-left: none; border-right: none;">1,507,544</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 0.986031%;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font style="border-left: none; border-right: none;">21,391</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.0682%;"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-weight: bold;"> Cash flow from financing activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Share-based plan contributions </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">1,282</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Issuance of common shares at initial public offering </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">915,947</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Transaction cost of offering </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">55,874</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Dividends paid </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">126,045</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>30,977</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest on equity, paid </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22</font>.e </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">6,288</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,276</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of lease liabilities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15</font>.b </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">17,656</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>15,500</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Proceeds from loans and borrowings </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">740,596</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>144,269</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Payment of loans and borrowings </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">75,196</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>88,107</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net cash from financing activities </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">1,376,766</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">5,409</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net increase in cash and cash equivalents </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">1,601</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>84,990</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-weight: bold;">Cash and cash equivalents as of January 1<sup><font style="vertical-align: super;">st</font></sup></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">162,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>79,500</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 10px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange variation effect on cash and cash equivalents </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">20,949</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,663</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 17px; width: 1.0682%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Cash reduction due to spin-off effect </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 10.0247%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1</font> </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font style="border-left: none; border-right: none;">7,752</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 0.986031%;">)</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; background-color: #cceeff; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px; width: 1.0682%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9014%;">
<p style="margin: 0pt;"><font style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; font-weight: bold;"> Cash and cash equivalents as of December 31, 2021 </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; height: 17px; width: 10.0247%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.97206%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">135,727</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 0.986031%;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; width: 1.97206%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000; width: 11.9967%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">162,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom: 1px solid #000000; height: 17px; width: 1.0682%;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The accompanying notes are an integral part of these consolidated financial statements.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>27</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p align="right" style="text-align: right; margin: 0cm 0cm 0.0001pt; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="text-align: right; margin: 0cm 0cm 0.0001pt; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="text-align: right; margin: 0cm 0cm 0.0001pt; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<div style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="BNotestothe_8EVBX5ONUO00000000000000000000" class="customBookmark"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Notes to the consolidated financial statements</font></a></div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">(Amounts in thousands of Brazilian </font><font style="font-style: italic; font-weight: bold;">R</font><font style="font-style: italic; font-weight: bold;">eais</font><font style="font-style: italic; font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">&#8211;</font><font style="font-style: italic; font-weight: bold;"> R$, unless otherwise stated)</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">1</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Operational context</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc (&#8220;CI&amp;T&#8221; or &#8220;Company&#8221;), previously named CI&amp;T Cayman, is a publicly held company incorporated in the Cayman Islands on June 2021, headquartered at Rua Dr. Ricardo Benetton Martins, 1000, P&#243;lis de Tecnologia, in the City of Campinas, State of S&#227;o Paulo, Brazil. As a holding company, it is mainly engaged in the investment, as a partner or shareholder, in other companies, consortia or joint ventures in Brazil and other countries where most of the Company&#8217;s operations are located. The Company&#8217;s subsidiaries are mainly engaged in the development of customizable software through implementation of software solutions, including Machine Learning, Artificial Intelligence (AI), Analytics, Cloud and Mobility technologies.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">These consolidated financial statements comprise the Company and its subsidiaries (collectively referred to as the &#8220;Group&#8221;).</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Unless otherwise indicated or if the context otherwise requires, all references in these consolidated financial statements to &#8220;CI&amp;T Brazil&#8221; refer to CI&amp;T Software S.A., one of the Company&#8217;s subsidiaries.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">On November 10, 2021 the Company completed its initial public offering (&#8220;IPO&#8221;) and CI&amp;T Inc offered 15,000,000 Class A common shares, of which 11,111,111 were offered by CI&amp;T Inc and 3,888,889 were offered by certain selling shareholders. The IPO price per Class A common share was US$15.00. On November 15, 2021, the IPO was concluded with the total offering of US$225,000, of which the Group received net proceeds of R$ 860,993 (US$156,667), after deducting the underwriting discounts and commissions. The Company incurred incremental costs directly attributable to the public offering in the amount of R$ 66,876, net of taxes. The Group Class A common shares are traded on the New York Stock Exchange, or NYSE, under the symbol &#8220;CINT&#8221;.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14pt; padding-left: 7.3pt; text-align: justify; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Corporate </font><font style="font-weight: bold;">restructuring</font></font></li>
</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; font-weight: bold; margin: 0pt 0pt 0pt 11.33pt; padding-left: 9.2pt; text-align: justify; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">Merger</font><font style="font-style: italic; font-weight: bold;">s</font><font style="font-style: italic; font-weight: bold;"> in 2021</font><font style="font-style: italic; font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">&#8211;</font><font style="font-style: italic; font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">in connection with CI&amp;T Brazil</font></font></li>
</ol>
<p style="margin: 0pt 0pt 8pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">On April 30, 2021, the Extraordinary Shareholders&#8217; Meeting of CI&amp;T Brazil approved the reverse merger of Hoshin Empreendimentos S.A. (&#8220;Hoshin&#8221;) into CI&amp;T Brazil. The purpose of this merger is to simplify the corporate structure of Hoshin and CI&amp;T Brazil, and to reduce the operational, administrative, and financial expenses of both. The transaction was recorded at book value in the amount of R$108.</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; font-weight: bold; margin: 0pt 0pt 0pt 14.67pt; padding-left: 9.2pt; text-align: justify; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">Spin-off in 2021</font><font style="font-style: italic; font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">&#8211;</font><font style="font-style: italic; font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">in connection with </font><font style="font-style: italic; font-weight: bold;">CI&amp;T Brazil</font></font></li>
</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Extraordinary Shareholders&#8217; Meeting of CI&amp;T Brazil, held on April 30, 2021 approved the partial spin-off of the interest in subsidiary CI&amp;T IOT Com&#233;rcio de Hardware e Software Ltda. (&#8220;CI&amp;T IOT&#8221;). The valuation of the spin-off portion was carried out at book value based on the statement of financial position of CI&amp;T IOT as of March 31, 2021. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; font-weight: bold; margin: 0pt 0pt 0pt 18pt; padding-left: 9.2pt; text-align: justify; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">R</font><font style="font-style: italic; font-weight: bold;">eorganization transactions</font><font style="font-style: italic; font-weight: bold;"> in 2021</font><font style="font-style: italic; font-weight: bold;"> &#8211; in connection with CI&amp;T Inc</font></font></li>
</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc. was incorporated as an exempted, limited liability company in Cayman Islands to become the holding entity of CI&amp;T Software S.A. (CI&amp;T Brazil) in connection with the initial public offering. Prior to the IPO, CI&amp;T Inc had not begun operations, had nominal assets and liabilities, and no material contingent liabilities or commitments. As a holding company, it is mainly engaged in the investment in other companies, consortia or joint ventures, as a partner or shareholder, in Brazil and other countries where most of the Company&#8217;s operations are located.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>28</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">On October 04, 2021, CI&amp;T established, as a sole member, the subsidiary CI&amp;T Delaware LLC (&#8220;CI&amp;T Delaware&#8221;). The main office is located at 251 Little Falls Drive, Wilmington, Delaware, 19808. On November 8, 2021, all CI&amp;T Brazil&#8217;s shares were contributed to CI&amp;T Delaware and, subsequently the CI&amp;T Delaware&#8217;s shares were transferred to CI&amp;T Inc. Until this corporate reorganization, CI&amp;T Brazil, an operating company, was the ultimate holding of the Group, and it consolidated the results of all companies until that date.</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group accounted for the restructuring as a business combination of entities under common control, and the pre-combination carrying amounts of CI&amp;T Brazil are included in the CI&amp;T&#8217;s consolidated financial statements with no fair value uplift. Thus, these consolidated financial statements reflect:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 3%;"><br></td>
<td style="vertical-align: top; width: 5%; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">(i)</font></td>
<td style="vertical-align: top; width: 92%; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">The historical operating results and financial position of CI&amp;T Brazil prior the restructuring;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -48px; 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;">(ii)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; 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;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">The consolidated results of the Group following the restructuring;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -48px; 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;">(iii)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; 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;">&nbsp;&nbsp;</font></font></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">The assets and liabilities of CI&amp;T Brazil and its then subsidiaries at their historical cost;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -48px; 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;">(iv)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; 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;">&nbsp;&nbsp;&nbsp;</font></font></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">The number of ordinary shares issued by CI&amp;T, as a result of the restructuring is reflected retroactively to January 1, 2020, for purposes of calculating earnings per share;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -48px; 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;">(v)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; 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;">&nbsp;</font></font></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">CI&amp;T Brazil shares were contributed in CI&amp;T Delaware at its book value as at November 8, 2021;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -48px; 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;">(vi)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -48px; 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;">&nbsp;&nbsp;&nbsp;</font></font></td>
<td style="vertical-align: top; padding: 1px 1px 12px;" valign="top"><font 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-align: justify; text-indent: -48px; 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;">As the remaining equity reserves of CI&amp;T Brazil are no longer applicable to CI&amp;T, they were added to the initial capital reserve balance (see note 22.c).</font></td>
</tr>

</table>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>29</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0px; text-indent: 0px;"><br></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">2</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">List of direct and indirect subsidiaries</font></font></p>
<p style="margin: 0pt;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="background-color: #ffffff;">Information on the Company</font><font style="background-color: #ffffff;">&#8217;</font><font style="background-color: #ffffff;">s direct and indirect subsidiaries is presented below:</font></font></p>
<p style="margin: 0px; text-indent: 0px;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 231px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31,2021</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31,2020</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Subsidiaries</font><font style="font-weight: bold;">&nbsp;</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Country of Origin</font><font style="font-weight: bold;">&nbsp;</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Direct</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Indirect</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Direct</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Indirect</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Delaware LLC<font style="vertical-align: super; font-size: 8pt;"> (a)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">United States</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">CI&amp;T Software S.A.</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Brazil</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T, Inc. (&#8220;CI&amp;T US&#8221;)&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">United States</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;&nbsp; CI&amp;T Software Inc. (&#8220;CI&amp;T Canada&#8221;)&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Canada</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;&nbsp; CI&amp;T UK Limited.&nbsp;(&#8220;CI&amp;T UK&#8221;)</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">United Kingdom</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;&nbsp; CI&amp;T Argentina S/A&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Argentina</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Japan, Inc.&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Japan</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;&nbsp; CI&amp;T China Inc.&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">China</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T IOT <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">b</font><font style="vertical-align: super;">)</font>&nbsp;</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Brazil</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Portugal Unipessoal Lda. <font style="vertical-align: super; font-size: 8pt;">(c)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Portugal</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Australia PTY Ltd. <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">d</font><font style="vertical-align: super;">)</font><font style="vertical-align: super;">&nbsp;</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Australia</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">100%&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Dextra Inc. <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">e</font><font style="vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">United States</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 0%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 36.52%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">CINQ Inc. <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">e</font><font style="vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 19.04%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">United States</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.16%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.52%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">100%</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 3.2%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.5%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">-&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.54%; height: 22px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table style="width: 100%; margin-left: 0.1px; height: 57px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top; padding: 0px 0px 12px; width: 3%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(a)</font></td>
<td style="height: 17px; vertical-align: top; padding: 0px 0px 12px; width: 97%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Refers to note 1.a.iii.</font></td>
</tr>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top; padding: 0px 0px 12px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(b)</font></td>
<td style="height: 10px; vertical-align: top; padding: 0px 0px 12px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">In July 2019, the subsidiary CI&amp;T IOT<font>&nbsp;</font></font>Com&#233;rcio<font 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-align: justify; text-indent: -24px; 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;"><font>&nbsp;</font>de Hardware e Software<font>&nbsp;</font></font>Ltda<font 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-align: justify; text-indent: -24px; 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;">. started its operations. The subsidiary&#8217;s main activity is the sale of technology devices and software on environment management platforms for efficient use of spaces. In April 2021, the partial spin-off on the CI&amp;T IOT investment was approved with transfer of its net equity to the CI&amp;T Brazil&#8217;s shareholders.</font></td>
</tr>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top; padding: 0px 0px 12px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(c)</font></td>
<td style="height: 10px; vertical-align: top; padding: 0px 0px 12px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">In June 2020, the subsidiary CI&amp;T Portugal<font>&nbsp;</font></font>Unipessoal<font 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-align: justify; text-indent: -24px; 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;"><font>&nbsp;</font>LDA (&#8220;CI&amp;T Portugal&#8221;) started operations in the city of Lisbon to meet the strategy of global expansion and strengthen the presence in the European market, acting with the same corporate purpose as the Group.</font></td>
</tr>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(d)</font><font style="color: #000000; font: 13.3333px 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">&nbsp;&nbsp;&nbsp;</font></td>
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">In October 2020, the subsidiary CI&amp;T Australia PTY LTD was incorporated in the city of Brisbane, acting with the same corporate purpose as the Group.</font></td>
</tr>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(e)</font><font style="color: #000000; font: 13.3333px 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">&nbsp;</font></td>
<td style="height: 10px; vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">In August 2021, the CI&amp;T Brazil completed the acquisition of 100% of the shareholding control of<font>&nbsp;</font></font>Dextra<font 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-align: justify; text-indent: -24px; 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;"><font>&nbsp;</font></font>Investimentos<font 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-align: justify; text-indent: -24px; 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;"><font>&nbsp;</font>S.A. and its subsidiaries (see note 9).</font></td>
</tr>

</table>
<p style="margin: 0pt 0pt 9pt 18pt; text-align: justify; text-indent: -18pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>30</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0px; text-indent: 0px;"><br></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">3</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Basis of accounting</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">These consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The issuance of these consolidated financial statements was authorized by the Company&#8217;s Management and Audit Committee on March 09, 2022. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">4</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Functional and presentation currency</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">These consolidated financial statements are presented in Brazilian Reais (&#8220;R$&#8221;), which is the Company's functional currency. All balances are rounded to the nearest thousands, except when otherwise indicated.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The main exchange rates used in the preparation of the Company's financial statements are Brazilian Reais, US dollar, Yen, Euro and Australian dollar, as the Company&#8217;s subsidiaries have the following functional currencies: CI&amp;T Brazil has the local currency, the Brazilian Reais, as its functional currency; CI&amp;T Inc (USA) has the local currency, the US dollar, as its functional currency; CI&amp;T Japan Inc has the local currency, Yen, as its functional currency; CI&amp;T Portugal has the local currency, Euro, as its functional currency; and CI&amp;T Australia has the local currency, Australian dollar, as its functional currency.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">5</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Use of judgments and estimates</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">In preparing these consolidated financial statements, Management has made judgments and estimates that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Estimates and underlying assumptions are reviewed on an ongoing basis. The revisions to estimates are recognized prospectively.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27pt; text-align: justify; text-indent: -27pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">a.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Judgments</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Information about judgments made in the application of accounting policies that have significant effects on the amounts recognized in the financial statements are included in the following notes:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; list-style-position: inside; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Note </font><font style="font-weight: bold;">&#8211;</font><font style="font-weight: bold;"> 7</font> - lease term: whether the Group is reasonably certain to exercise extension options;</font></li>
<li style="font-family: Symbol; font-size: 11pt; list-style-position: inside; margin: 0pt 0pt 11pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Note </font><font style="font-weight: bold;">&#8211;</font><font style="font-weight: bold;"> 2</font><font style="font-weight: bold;">3</font><font style="font-weight: bold;"> - </font>revenue recognition: whether service revenue is recognized over time or at point in time.</font></li>
</ul>
<p style="margin: 0pt 0pt 0pt 27.67pt; text-align: justify; text-indent: -27.67pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">b.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Assumptions and estimation uncertainties </font></font></p>
<p style="margin: 0pt 0pt 11pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Information about assumptions and estimation uncertainties that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities in the next fiscal year is included in the following note:</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 11pt; list-style-position: inside; margin: 0pt 0pt 11pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Note </font><font style="font-weight: bold;">9</font><font style="font-weight: bold;"> &#8211; </font>acquisition of subsidiary: fair value of the consideration transferred, fair value of the assets acquired, and liabilities assumed.</font></li>
</ul>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>31</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p><br></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">c.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Measurement of fair valu</font><font style="font-weight: bold;">e</font><font style="font-weight: bold;">s</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Several of the Company&#8217;s accounting policies and disclosures require the measurement of fair values for both financial and non-financial assets and liabilities.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group has established a control framework with respect to the measurement of fair value that includes the review of significant fair value measurements, significant unobservable data and valuation adjustments. If third-party information, such as broker quotes or pricing services, is used to measure fair values, the valuation team assesses the evidence obtained from third parties to support the conclusion that such valuations meet the requirements of the accounting standards, including the level in the fair value hierarchy in which the valuations should be classified.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">When measuring the fair value of an asset or a liability, the Group uses observable market data as much as possible. Fair values are classified at different levels in a hierarchy based on the information (inputs) used in the valuation techniques as follows:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; width: 2%;" valign="top"><br></td>
<td style="vertical-align: top; width: 3%;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="vertical-align: top; width: 95%;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Level 1:&nbsp;</font><font 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: justify; text-indent: -24px; 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;">Quoted prices (not adjusted) in active markets for identical assets or liabilities.</font></font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Level 2:&nbsp;</font><font 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: justify; text-indent: -24px; 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;">Inputs, except for quoted prices, included in Level 1, which are observable for the asset or liability, either directly (prices) or indirectly (derived from prices).</font></font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Level 3:</font><font 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: justify; text-indent: -24px; 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;Inputs for the asset or liability, which are not based on observable market data (unobservable inputs).</font></font></td>
</tr>

</table>
<p style="margin: 8pt 0pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Additional information on the assumptions used to measure fair values is included in the following notes:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table style="width: 100%; margin-left: 0.1px; height: 50px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 20px;">
<td style="height: 20px; vertical-align: top; width: 2%;" valign="top"><br></td>
<td style="height: 20px; vertical-align: top; width: 3%;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 20px; vertical-align: top; width: 95%;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Note 9 &#8211;&nbsp;</font><font 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: justify; text-indent: -24px; 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;">business combination - acquisition of subsidiary;</font></font></td>
</tr>
<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top;" valign="top"><br></td>
<td style="height: 10px; vertical-align: top;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 10px; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Note&nbsp;</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">2</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">1</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">&nbsp;</font><font 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: justify; text-indent: -24px; 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;">&#8211; share-based payment transactions and the compensation for the cancellation of the share based plan; and</font></font></td>
</tr>
<tr style="height: 20px;">
<td style="height: 20px; vertical-align: top;" valign="top"><br></td>
<td style="height: 20px; vertical-align: top;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 20px; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">Note 2</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">8</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">&nbsp;</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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-weight: bold;">&#8211;&nbsp;</font><font 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: justify; text-indent: -24px; 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;">financial instruments.</font></font></td>
</tr>

</table>
<p><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>32</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">6</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Basis of measurement</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The consolidated financial statements were prepared based on historical cost, except for derivative financial instruments, and liabilities for the cancellation of the share-based plan, which are measured at fair value at each reporting date.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;">7</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Significant accounting policies</font></font></p>
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company applied the accounting policies described below in a consistent manner to all the years presented in the consolidated financial statements.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Basis of consolidation</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Business combination</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group accounts for business combinations using the acquisition method when the acquired set of activities and assets meets the definition of a business and control is transferred to the Group. In determining whether a particular set of activities and assets is a business, the Group assesses whether the set of assets and activities acquired includes, at a minimum, an input and substantive process and whether the acquired set has the ability to produce outputs. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The consideration transferred in the acquisition is measured at fair value, as are the identifiable net assets acquired. Any goodwill that may arise is tested annually for impairment. Any gains on a bargain purchase are recognized in profit or loss immediately. Transaction costs are expensed as&nbsp;incurred, except if related to the issue of debt or equity securities.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The consideration transferred does not include amounts related to the settlement of pre-existing relationships. Such amounts are generally recognized in profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Any contingent consideration is measured at fair value at the date of acquisition. If an obligation to pay contingent consideration that meets the definition of a financial instrument is classified as equity, then it is not remeasured, and settlement is accounted for within equity. Otherwise, other contingent consideration is remeasured at fair value at each reporting date and subsequent changes in the fair value of the contingent consideration are recognized in profit or&nbsp;loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Subsidiaries</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date in which control commences until the date in which control ceases.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 18pt; text-indent: 0pt; font-style: italic;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Transactions eliminated by </font>consolidation</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: normal;">Intra-group balances and transactions, and any unrealized income or expenses </font><font style="font-style: normal; font-weight: normal;">(except for foreign currency translation gain or losses) </font><font style="font-style: normal; font-weight: normal;">arising from intra-group transactions, are eliminated. Unrealized </font><font style="font-style: normal; font-weight: normal;">losses </font><font style="font-style: normal; font-weight: normal;">arising are eliminated</font><font style="font-style: normal; font-weight: normal;"> in the same way as unrealized gain</font><font style="font-style: normal; font-weight: normal;">, but only to the extent that there is no evidence of impairment.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Foreign currency</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Transactions </font><font style="font-style: italic;">in foreign currency</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Transactions in foreign currency are translated into the respective functional currencies of the Company and its subsidiaries by the exchange rates at the dates of each such transaction.</font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>33</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Monetary assets and liabilities denominated in foreign currencies on the reporting date are translated to the functional currency at the exchange rate on that date. Non-monetary assets and liabilities that are measured at fair value in foreign currency are retranslated to the functional currency at the exchange rate on the date in which the fair value was determined. Non-monetary items that are measured based on historical cost in foreign currency are translated at the exchange rate on the transaction date. Foreign currency differences are generally recognized in profit or loss and presented within finance costs.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: normal;">However, </font><font style="font-style: normal; font-weight: normal;">foreign currency</font><font style="font-style: normal; font-weight: normal;"> differences resulting from the </font><font style="font-style: normal; font-weight: normal;">translation</font><font style="font-style: normal; font-weight: normal;"> </font><font style="font-style: normal; font-weight: normal;">of investments abroad are recognized in other comprehensive income</font><font style="font-style: normal; font-weight: normal;">.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt; font-style: italic;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Foreign operations</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Assets and liabilities from foreign operations, including goodwill and fair value adjustments resulting from acquisitions, are translated into Reais at the exchange rates prevailing at the reporting date. Income and expenses from operations abroad are translated into Brazilian reais at the exchange rates that represent the average monthly rates for the respective period.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Foreign currency differences are recognized in other comprehensive income.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 13.33pt; padding-left: 4.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Revenue from contracts with customers</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Information on the Group's accounting policies related to contracts with customers is provided in note 23.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Employee benefits</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Short-term employee benefits</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Short-term employee benefits are expensed as the related service is provided. These liabilities are recognized at the amount of the expected payment if the Company has a present legal obligation to pay this amount due to service provided by the employee and the obligation can be estimated reliably.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt; font-style: italic;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Share-based payment arrangements</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The grant-date fair value of equity-settled share-based payment arrangements granted to employees is generally recognized as personnel expense, with a corresponding increase in equity, during the period in which employees unconditionally acquire the right to the awards. Amounts recognized as expenses are adjusted to reflect the number of awards for which there is an expectation that service and performance conditions will be met in such a way that the final amounts recognized as expenses are based on the number of awards that actually meet the service and performance conditions on the vesting date. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group recognizes each expense according to the services rendered for each subsidiary where the employee participating in the plan works, with the counterpart at:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(a)<font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp; </font>increase in equity if the services rendered are received in a transaction with a share-based payment settled in equity instruments;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(b)<font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp; </font>or, if the services rendered are acquired in a transaction with a share-based payment settled in cash (or other assets), a liability must be recognized.</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The fair value of the amount payable to employees related to the rights on the valuation of shares, which are settled in cash, is recognized as an expense with a corresponding increase in liabilities during the period in which employees unconditionally acquire their right to payment. The liability is remeasured at each reporting date and on the settlement date, based on the fair value of the rights on the valuation of the shares. Any changes in the fair value of the liability are recognized in the profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>34</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">When the granting of an equity instrument is canceled or settled during the vesting period, the entity must account for the cancellation or settlement as an acceleration of the vesting period and, therefore, must immediately recognize the amount that would be recognized as services received over the remaining vesting period.</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">In cases where the stock option plan is cancelled, any payments made to employees at the time of the cancellation must be accounted for as a repurchase of an equity instrument, that is, in a reduction account of shareholders' equity, except if the payment exceeds the fair value of the equity instruments granted, measured on the repurchase date. Any surplus must be recognized as an expense for the period. However, if the share-based payment arrangement present liabilities components, the entity must remeasurement the fair value of the corresponding liability on the date of cancellation or settlement. Any payment made to settle these liability components should be accounted for as an extinguishment of the liability.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 13.33pt; padding-left: 4.67pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Financ</font><font style="font-weight: bold;">i</font><font style="font-weight: bold;">al</font><font style="font-weight: bold;"> income and financ</font><font style="font-weight: bold;">i</font><font style="font-weight: bold;">al</font><font style="font-weight: bold;"> expenses</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group's financial income and financial expenses include:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%; padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; width: 3%; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; width: 95%; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Interest income;</font><br></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Interest expense;</font></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The net gains or loss on financial assets measured at fair value through profit or loss;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The foreign currency gains or losses on financial assets and financial liabilities.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Interest income or expense is recognized using the effective interest method. The Company classifies dividends and interest on equity paid as cash flows used in financing activities.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The 'effective interest rate' is the rate that exactly discounts estimated future cash payments or receipts though the expected life of the financial instrument to:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%; padding: 0px 0px 15px;"><br></td>
<td style="width: 3%; padding: 0px 0px 15px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="width: 95%; padding: 0px 0px 15px;"><font 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-align: justify; text-indent: -24px; 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;">the gross carrying amount of the financial asset; or</font></td>
</tr>
<tr>
<td><br></td>
<td style="padding: 0px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="padding: 0px;"><font 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-align: justify; text-indent: -24px; 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;">at the amortized cost of the financial liability.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">In calculating interest income or expense, the effective interest rate is applied to the gross carrying amount of the asset (when the asset is not impaired) or the amortized cost of the liability. However, for financial assets that have become credit-impaired after the initial recognition, interest income is calculated by applying the effective interest rate to the amortized cost of the financial asset. If the asset is no longer credit-impaired, then the calculation of interest income reverts to the gross basis.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="6" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 12pt; padding-left: 6pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Income tax</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Income tax expenses comprises current and deferred income and social security contribution taxes. It is recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in other comprehensive income.</font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>35</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company has determined that interest and penalties related to income taxes, including uncertain tax treatments, do not meet the definition of income taxes, and therefore accounted for them under IAS 37 - Provisions, Contingent Liabilities and Contingent Assets.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Current tax</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Current tax comprises the expected tax payable or receivable on the taxable profit or loss for the year and any adjustment to taxes payable or receivable in respect of prior years. The amount of current tax payable or receivable is the best estimate of the tax amount expected to be paid or received that reflects uncertainty related to income tax, if any. It is measured using tax rates enacted at the reporting date.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Current tax assets and liabilities are offset only if certain criteria are met.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Deferred taxes</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognized for:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%;"><br></td>
<td style="width: 3%; vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="width: 95%; padding: 0px 0px 15px; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Temporary differences on the initial recognition of assets and liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss; and</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td valign="top" style="vertical-align: top;"><font 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-align: justify; text-indent: -24px; 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;">Temporary differences related to investments in subsidiaries to the extent that the Company can control the timing of the reversal of the temporary difference, and it is probable that the temporary difference will not be reversed in the foreseeable future.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Deferred tax assets are recognized in respect of tax losses and unused deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. Future taxable profits are determined based on the reversal of relevant taxable temporary differences. If the amount of taxable temporary differences is insufficient to recognize a deferred tax asset in full, then future taxable profits, adjusted for reversals of existing temporary differences, are considered, based on the business plans for each individual subsidiary.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Deferred tax assets are reviewed at each reporting date and are reduced to the extent that they are no longer probable.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Deferred tax assets and liabilities are measured based on the rates that are expected to be applied to temporary differences when they are reversed, based on the rates that were enacted up to the reporting date.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The measurement of deferred tax reflects the tax consequences that would follow from the way the Company expects, at the reporting date, to recover or settle the carrying amount of its assets and liabilities.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Deferred tax assets and liabilities are offset only if certain criteria are met.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>36</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="7" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Property, </font><font style="font-weight: bold;">plant</font><font style="font-weight: bold;"> and equipment</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt; font-style: italic;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Recognition and measurement</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Property, plant and equipment items are measured at the historical cost of acquisition or construction, deducted from accumulated depreciation and any impairment losses. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Any gain or loss on the disposal of an item of property, plant and equipment is recognized in profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Subsequent expenditure</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Subsequent expenditure is capitalized only if it is probable that the future economic benefits associated with the expenditure will flow to the Company.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 18pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Depreciation</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Depreciation is calculated to write-off the cost of items of property, plant and equipment, less their estimated residual values using the straight-line method based on the estimated useful lives and is recognized in profit and loss. Land is not depreciated.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The estimated useful lives of property, plant and equipment for current and comparative years are as follows:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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 style="height: 6.75pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 184.05pt; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: normal;">IT</font><font style="font-weight: normal;"> equipment</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 113.4pt; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2 to 5 years</font></p>
</td>
</tr>
<tr style="height: 6.75pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 184.05pt;">
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: normal;">Furniture and </font><font style="font-weight: normal;">fixtures</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 113.4pt;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">7-10 years</font></p>
</td>
</tr>
<tr style="height: 6.75pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 184.05pt; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;">Vehicles</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 113.4pt; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5 years</font></p>
</td>
</tr>
<tr style="height: 6.75pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 184.05pt;">
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: normal;">Leasehold </font><font style="font-weight: normal;">i</font><font style="font-weight: normal;">mprovements</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 113.4pt;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1 to 8 years</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="8" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Int</font><font style="font-weight: bold;">angible</font><font style="font-weight: bold;"> </font><font style="font-weight: bold;">assets </font><font style="font-weight: bold;">and goodwill</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Recognition and measurement</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Goodwill</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Goodwill arising from the acquisition of subsidiaries is measured at cost less accumulated impairment losses.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Brands</font><font style="font-style: italic;"> and </font><font style="font-style: italic;">Customer relationship</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Brands and customer relationship acquired through business combinations are recognized at their fair value at the acquisition date and depreciated over their expected benefit period.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Software</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal;">Software licenses are capitalized based on the costs incurred to acquire the software and prepare them to be ready for use</font><font style="font-style: normal;"> and depreciated</font><font style="font-style: normal;"> </font><font style="font-style: normal;">over their expected benefit period</font><font style="font-style: normal;">.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal;">Costs associated with software maintenance are recognized as expenses as incurred. Development costs </font><font style="font-style: normal;">directly attributable to the design and testing of identifiable and unique software products, controlled by the Company, are recognized as intangible assets.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">Directly attributable costs, which are capitalized as a part of the software product, include the costs of employee allocated to software development and an appropriate portion of the applicable indirect expenses. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">Other development costs that do not meet these criteria for capitalization are recognized as expenses as they are incurred. Development costs previously recognized as expenses are not recognized as assets in subsequent periods.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>37</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Non-compet</font><font style="font-style: italic;">e</font><font style="font-style: italic;"> agreement</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal;">Non-compete agreements acquired through business </font><font style="font-style: normal;">combination</font><font style="font-style: normal;">s</font><font style="font-style: normal;"> are recognized at their fair value at the acquisition date</font><font style="font-style: normal;"> </font><font style="font-style: normal;">and are amortized </font><font style="font-style: normal;">over </font><font style="font-style: normal;">the term of the agreements</font><font style="font-style: normal;">.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Software</font><font style="font-style: italic;"> </font><font style="font-style: italic;">in progress</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal;">Software</font><font style="font-style: normal;"> in progress </font><font style="font-style: normal;">is</font><font style="font-style: normal;"> capitalized only if the expenditure </font><font style="font-style: normal;">can be measured reliably, the product or progress is technically and commercial feasible, future economic benefits are probable, and the Company intends to and has sufficient intention and resources to complete development and use or sell the asset. Otherwise, it is recognized in profit and loss as incurred. </font><font style="font-style: normal;">Subsequent</font><font style="font-style: normal;"> </font><font style="font-style: normal;">to</font><font style="font-style: normal;"> initial recognition, intangible in progress is measured at cost less any accumulated impairment losses.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-style: italic; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Subsequent expenditure</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Subsequent expenditure is capitalized only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditure, including trademarks and patents, are recognized in profit or loss as incurred.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 18pt; text-indent: 0pt; font-style: italic;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Amort</font>ization</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Amortization is calculated using the straight-line method based on the estimated useful lives of the items, net of their estimated residual values. Amortization is generally recognized in profit or loss. Goodwill is not amortized.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The estimated useful lives are as follows:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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%;" width="100%">

<tr style="height: 3.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 85.1186%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Network software</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 14.7997%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5 years</font></p>
</td>
</tr>
<tr style="height: 3.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 85.1186%;">
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Internally developed software</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 14.7997%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">3 years</font></p>
</td>
</tr>
<tr style="height: 3.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 85.1186%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Customer relationship</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 14.7997%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">6 &#8211; 8 years</font></p>
</td>
</tr>
<tr style="height: 3.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 85.1186%;">
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Non-compete agreement</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 14.7997%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">5 years</font></p>
</td>
</tr>
<tr style="height: 3.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 85.1186%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Brands</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 14.7997%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">1 - 2 years</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Amortization methods, useful lives and residual values are reviewed at each reporting date and adjusted, if appropriate.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="9" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Financial instruments</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt; font-style: italic;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Recognition and initial measurement</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Trade receivables are initially recognized on the date they were originated. All other financial assets and liabilities are initially recognized when the Company becomes a party to the contractual provisions of the instrument. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: normal;">A financial asset (unless it is a trade receivable without a significant fina</font><font style="font-style: normal; font-weight: normal;">ncing component) or financial liability is initially measured at fair value plus, for an item not measured at</font><font style="font-style: normal; font-weight: normal;"> </font><font style="font-style: normal; font-weight: normal;">fair value through profit or loss (&#8220;</font><font style="font-style: normal; font-weight: normal;">FVTPL</font><font style="font-style: normal; font-weight: normal;">&#8221;)</font><font style="font-style: normal; font-weight: normal;">, transaction costs that are directly attributable to its acquisition or issue. </font><font style="font-style: normal; font-weight: normal;">T</font><font style="font-style: normal; font-weight: normal;">rade receivable</font><font style="font-style: normal; font-weight: normal;">s</font><font style="font-style: normal; font-weight: normal;"> without a significant financing component </font><font style="font-style: normal; font-weight: normal;">are</font><font style="font-style: normal; font-weight: normal;"> </font><font style="font-style: normal; font-weight: normal;">initially measured at the transaction price.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-weight: normal;">&nbsp;</font></p>
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="2" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14.67pt; padding-left: 3.33pt; text-indent: 0pt; font-style: italic;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Classification and </font>subsequent measurement</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 12pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Financial assets</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Upon initial recognition, a financial asset is classified as measured at: amortized cost; FVOCI&#8201;&#8212;&#8201;debt investment; FVOCI&#8201;&#8212;&#8201;equity investment; or FVTPL&#8201;&#8212;&#8201;fair value through profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>38</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Financial assets are not reclassified subsequent to their initial recognition unless the Company changes its business model for managing financial assets, in which case all affected financial assets are reclassified on the first day of the presentation period following the change in business model.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as measured at FVTPL:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; height: 51px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 34px;">
<td style="height: 34px; vertical-align: top; width: 2%;" valign="top"><br></td>
<td style="height: 34px; vertical-align: top; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="height: 34px; vertical-align: top; width: 95%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">It is maintained within a business model aimed at maintaining financial assets to receive contractual cash flows; and</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; vertical-align: top;" valign="top"><br></td>
<td style="height: 17px; vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="height: 17px; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">It is contractual terms give rise on specific dates to cash flows that are related to the payment of principal and interest on the outstanding principal value.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">All financial assets not classified as measured at amortized cost, as described above, are classified as at FVTPL. This includes all derivative financial assets. Upon initial recognition, the Group may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or fair value through other comprehensive income (&#8220;FVOCI&#8221;) as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Financial asset</font><font style="font-style: italic;"> &#8211;</font><font style="font-style: italic;"> Business model assessment</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company carries out an assessment of the objective of the business model in which a financial asset is held in the portfolio because it better reflects the way the business is managed, and the information is provided to Management. Information considered includes:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="padding: 0px 0px 15px; width: 2%;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 95%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The stated policies and objectives set for the portfolio and the operation of those policies in practice. They include whether the Management strategy focuses on achieving contractual interest income, maintaining a particular interest rate profile, matching the duration of financial assets with the duration of related liabilities or expected cash outflows, or realizing cash flows through the sale of assets;</font></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">How the portfolio's performance is assessed and reported to the Group's Management;</font></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The risks that affect the performance of the business model (and the financial assets held according to that business model) and how those risks are managed;</font></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">How the managers of the business are compensated &#8211; e.g., whether compensation is based on the fair value of assets managed or on the contractual cash flows earned; and</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The frequency, volume and timing of sales of financial assets in prior periods, the reasons for such sales and expectations about future sales.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Transfers of financial assets to third parties in transactions that do not qualify for derecognition are not considered sales, in a manner consistent with the continuous recognition of the assets of the Company and its subsidiaries.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Financial assets held for trading or managed and whose performance is evaluated on a fair value basis are measured at fair value through profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>39</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Financial asset</font><font style="font-style: italic;"> </font><font style="font-style: italic;">&#8211;</font><font style="font-style: italic;"> assessment whether contractual cash flows are </font><font style="font-style: italic;">solely</font><font style="font-style: italic;"> principal and interest payments</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">For the purposes of this assessment 'principal' is defined as the fair value of the financial asset upon initial recognition. Interest' is defined as consideration for the time value of money and the credit risk associated with the principal amount outstanding over a given period of time and for the other basic lending risks and costs (e.g. liquidity risk and administrative costs), as well as a profit margin.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group considers the contractual terms of the instrument to assess whether contractual cash flows are solely payments of principal and interest. This includes assessing whether the financial asset contains a contractual term that could change the timing or value of the contractual cash flows such that it would not meet this condition. In making this assessment, the Group considers:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 95%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Contingent events that change the amount or timing of cash flows;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Terms that can adjust the contractual rate, including variable rates features;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Prepayment and extension features; and</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Terms that limit the Group's access to cash flows from specific assets (e.g., based on the performance of an asset).</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The prepayment feature is consistent with the principal and interest payment criteria if the prepayment amount mostly represents unpaid principal and interest on the outstanding principal amount &#8211; which may include reasonable additional compensation for early termination of the contract. In addition, for a financial asset acquired for a value less than or greater than the nominal value of the contract, the permission or requirement for prepayment for an amount that represents the nominal value of the contract plus contractual interest (which also may include reasonable additional compensation for early termination of the contract) accumulated (but not paid) is treated as consistent with this criterion if the fair value of the prepayment is insignificant at initial recognition.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Financial asset</font><font style="font-style: italic;">s</font><font style="font-style: italic;"> - Subsequent measurement and profit and loss</font></font><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;"><br></font></font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 12pt; margin: 0pt 0pt 0pt 28.52pt; padding-left: 7.48pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Financial assets at FVTPL</font></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">These assets are subsequently measured at fair value. The net gain, including interest, is recognized in profit or loss. </font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 12pt; margin: 0pt 0pt 0pt 28.52pt; padding-left: 7.48pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Financial assets at amortized cost</font></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">These assets are subsequently measured at amortized cost using the effective interest method. The amortized cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognized in profit or loss. Any gains or losses on derecognition are recognized in the profit or loss.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Financial liabilitie</font><font style="font-style: italic;">s </font><font style="font-style: italic;">&#8211;</font><font style="font-style: italic;"> classification, subsequent measurement and profit and loss</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: normal;">Financial liabilities were classified as measured at amortized cost or FVTPL.</font><font style="font-style: normal; font-weight: normal;"> </font><font style="font-style: normal; font-weight: normal;">A </font><font style="font-style: normal; font-weight: normal;">financial liability is classified as measured at fair value through profit or loss if it is a derivative or is designated as such upon initial recognition. Financial liabilities measured at FVTPL are measured at fair value and net income, including interest, is recognized in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest method. Interest expense, foreign exchange gains and losses are recognized in profit or loss. Any gain</font><font style="font-style: normal; font-weight: normal;">s</font><font style="font-style: normal; font-weight: normal;"> or loss</font><font style="font-style: normal; font-weight: normal;">es</font><font style="font-style: normal; font-weight: normal;"> on derecognition </font><font style="font-style: normal; font-weight: normal;">are</font><font style="font-style: normal; font-weight: normal;"> </font><font style="font-style: normal; font-weight: normal;">also recognized in profit or loss.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-weight: normal;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>40</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><br></p>
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="3" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 18pt; text-indent: 0pt; font-style: italic;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Derecognition</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Financial assets</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group derecognizes a financial asset when the contractual rights to the cash flows of the asset expire, or when the Group transfers the contractual rights to receive the contractual cash flows on a financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred, or in which the Group neither transfers nor substantially maintains all the risks and rewards of ownership of the financial asset nor retains control over the financial asset.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Financial liabilities</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group derecognizes a financial liabilities when their contractual obligations are discharged, cancelled or expire. The Group also derecognizes a financial liabilities when their terms are modified and the cash flows of the modified liabilities are substantially different, in which case a new financial liability based on the modified terms is recognized at fair value. Upon derecognition of a financial liability, the difference between the carrying amount extinguished and the consideration paid (including any non-cash assets transferred or liabilities assumed) is recognized in profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="4" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 17.33pt; padding-left: 0.67pt; text-indent: 0pt; font-style: italic;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Offse</font><font style="font-style: italic;">t</font><font style="font-style: italic;">ting</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The financial assets or liabilities are compensated, and the net value presented in the statement of financial position when, and only when, the Group currently has a legally enforceable right to offset the amounts and intends to settle them on a net basis or to dispose of the asset and settle the liabilities simultaneously.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="5" type="i" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt; font-style: italic;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Derivative financial instruments </font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group holds derivative financial instruments to manage its exposures to the risks of changes in foreign currency and interest rates.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Derivatives are initially measured at fair value. After initial recognition, derivatives are measured at fair value and changes in fair value are recorded in profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="10" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 12pt; padding-left: 6pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Share capital</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">On December 31, 2021, the Company&#180;s share capital is R$ 36, represented by 132,197,896 common shares. <font style="background-color: #ffffff;">Those common shares are </font>represented by <font style="background-color: #ffffff;">15,000,000 </font><font style="background-color: #ffffff;">Class A common shares </font><font style="background-color: #ffffff;">and 117,197,896 Class B common shares </font><font style="background-color: #ffffff;">(note 22</font><font style="background-color: #ffffff;">.a)</font>. Incremental costs directly attributable to the issue of common shares are recognized as a deduction from equity. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Share premium</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">The share premium refers to the difference between the subscription price that the shareholders paid for the shares and their nominal value.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="background-color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Capital reserve</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The breakdown of capital reserves is arising from the corporate restructuring occurred in 2021 (note 1.a), share-based compensation (note 21.d) and the share issuance costs (note 21.c).</font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>41</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font><br></p>
<p align="right" style="margin: 0px; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="11" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">I</font><font style="font-weight: bold;">mpairment</font></font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Non-derivative financial assets</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic;">Financial instruments and contrac</font><font style="font-style: italic;">t</font><font style="font-style: italic;"> assets</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group recognizes provisions for expected credit losses on:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 17px;">
<td style="height: 17px; padding: 1px 1px 15px; width: 2%;"><br></td>
<td style="height: 17px; padding: 1px 1px 15px; width: 3%;"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 17px; padding: 1px 1px 15px; width: 95%;"><font 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-align: justify; text-indent: -24px; 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;">Financial assets measured at amortized cost</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><br></td>
<td style="height: 17px;"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 17px;"><font 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-align: justify; text-indent: -24px; 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;">Contract assets</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loss allowances for trade receivables and contract assets are always measured at an amount equal to lifetime expected credit losses.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Management considers a financial asset to be in default when:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="padding: 0px 0px 15px; width: 2%;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 95%;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">It is unlikely that the creditor will fully pay its credit obligations to the Group, without resorting to actions such as the realization of the guarantee (if any); or</font></td>
</tr>
<tr>
<td style="padding: 0px 0px 15px;"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">The financial asset is more than 360 days overdue;</font></td>
</tr>
<tr>
<td><br></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">Lifetime credit losses are the expected credit losses that result from all possible default events over the expected life of the financial instrument.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The maximum period considered in the expected credit loss estimate is the maximum contractual period over which the Group is exposed to credit risk.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Measurement of expected credit losses</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group considers evidence of impairment of assets measured at amortized cost at the collective level. The assets are assessed collectively for any loss of value that could have occurred but had not yet been identified.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Assets are assessed collectively for impairment based on the grouping of assets with similar risk characteristics.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">In assessing the impairment as a whole, the Group uses historical trends in the probability of default, the recovery period and the loss amounts incurred, adjusted to reflect the Management&#8217;s judgment on the assumptions if the current economic and credit conditions are such that actual losses are probable to be higher or lower than those suggested by historical trends.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">A loss by reduction to the recoverable amount is calculated as the difference between the recorded amount and the present value of estimated future cash flows, discounted by the original effective interest rate of the asset. Losses are recognized in profit or loss and deducted from the gross carrying amount of the assets.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The allowance for loss on financial assets measured at amortized cost is deducted from the gross carrying amount of the assets.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Write-off</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The gross carrying amount of a financial asset is written off when the Group has no reasonable expectation of recovering the financial asset in whole or in part. With respect to customers, the Group assesses the time and value of the write-off based on whether there is reasonable expectation of recovery. The Group does not expect any significant recovery of the amount written off. However, written off financial assets may still be subject to credit for the fulfillment of the Group&#8217;s procedures for recovering the amounts due.</font></p>
<p style="margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>42</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Non-financial assets</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">At each reporting date, the Group reviews the carrying amounts of its non-financial assets (other than contract assets and deferred tax assets) to determine whether there is any indication of impairment. If any such indication exists, then the asset&#8217;s recoverable amount is estimated. Goodwill is tested annually for impairment.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">For impairment testing, assets are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or cash-generating units (CGUs). Goodwill arising from a business combination is allocated to CGUs or groups of CGUs that are expected to benefit from the synergies of the combination.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The recoverable amount of an asset or CGU is the greater of its value in use and its fair value less costs of disposal. Value in use is based on estimated future cash flows, discounted to their present value using a pre-tax discount rate that reflects current market evaluations of the time value of money and the risks specific to the asset or CGU.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">An impairment loss is recognized if the carrying amount of the asset or CGU exceeds its recoverable amount.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Impairment losses are recognized in profit or loss. They are allocated first to reduce the carrying amount of any goodwill allocated to the CGU, and then to reduce the carrying amounts of the other assets in the CGU on a pro rata basis.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Impairment losses relating to goodwill are not reversed. For other assets, impairment losses are reversed only to the extent that the asset&#8217;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization if no impairment losses had been recognized.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="12" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 11.33pt; padding-left: 6.67pt; text-indent: 0pt; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Provisions</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Disputes and litigations</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The provision for disputes and litigation is recognized when it is probable that the Group will be required to make future payments as a result of past events. Such payments include, but are not limited to, the various claims, processes and actions initiated by both third parties and the Company, relating to labor disputes, complaints from tax authorities and other judicial matters.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">Provision for </font><font style="font-style: italic; font-weight: bold;">indemnity of the stock options plan</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The provision for the indemnity of the stock options plan was recognized upon the cancellation of all programs and agreements entered into in the Group&#8217;s Stock Option Plan. Payments to the beneficiaries of the plan grant to the Company full discharge on any right related to the Plan.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="13" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 18pt; padding-left: 0pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Leases</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">At inception of a contract, the Group assesses whether a contract is, or contains, a lease. A contract is or contains a lease if the contract transfers the right to control the use of an identified asset for a period of time in exchange for consideration.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>43</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><br></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">At the commencement or upon the modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component of the lease based on individual prices. However, for property leases, the Group elected to not separate the non-lease components and account for the lease and non-lease components as a single component.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group recognizes a right-of-use asset and a lease liability at lease commencement. The right-to-use asset is initially measured at cost, which comprises the initial measurement amount of the lease liability, adjusted for any lease payments made at or before the commencement date, less any leasing incentives received.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the end of the lease term unless the lease transfers ownership of the underlying asset to the Group by the end of the lease term or the cost of the right-of-use asset reflects that the Group will exercise a purchase option. In this case, the right of use will be depreciated over the useful life of the underlying asset, which is determined in same basis as that of property, plant and equipment. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of lease liabilities.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if this rate cannot be readily determined, the Group&#8217;s incremental borrowing rate. Generally, the Group uses its incremental borrowing rate as a discount rate.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group determines its incremental borrowing rate by obtaining interest rates from various external sources of financing and making some adjustments to reflect the terms of the contract and the type of leased asset.</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Lease payments included in the measurement of the lease liability comprise the following:</font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 17px;">
<td style="height: 17px; width: 2%;"><br></td>
<td style="height: 17px; width: 3%;"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 17px; width: 95%;"><font style="font-size: 10pt;">Fixed payments, including in-substance fixed payments; and</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><br></td>
<td style="height: 17px;"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 17px;"><font style="font-size: 10pt;">Amounts expected to be payable under a residual value guarantee.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Regarding the option to extend office leases, the Group applies a 5-year additional to determine ROU amounts, except when there is no certain probability of continuity of activities in such locations. Renewal clauses generally use an inflation update index (IGPM or IPCA) that is updated annually.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">For the periods disclosed, the Group does not have lease agreements with variable payments.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments resulting from a change in index or rate, if there is a change in the Group&#8217;s estimate of the amounts expected to be payable under a residual value guarantee, if the Group changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance fixed lease payment.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">When the lease liability is remeasured in this way, a corresponding adjustment to the carrying amount of the right-of-use asset is made or is accounted for in the profit or loss if the carrying amount of the right-of-use asset has been reduced to zero.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>44</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The right-of-use asset is amortized using the straight-line method from the commencement date to the end of the lease term.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Short-term leases and leases of low-value assets</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group has chosen not to recognize right-of-use assets and liabilities for leases of low value assets and short-term leases. The Group recognizes lease payments associated with these leases as expenses on a straight-line basis over the lease term.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="14" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Fair value measurement</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&#8216;Fair value&#8217; is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date of the principal or, in its absence, the most advantageous market to which the Group has access at that date. The fair value of a liability reflects its non-performance risk.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">A number of the Group&#8217;s accounting policies and disclosures require the measurement of fair values, for both financial and non-financial assets and liabilities (see note 5).</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">When one is available, the Group measures the fair value of an instrument using the quoted price in an active market for that instrument. A market is regarded as &#8216;active&#8217; if transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">If there is no quoted price in an active market, the Group uses valuation techniques that maximize the use of relevant observable data and minimize the use of unobservable inputs. The chosen valuation technique incorporates all the factors that market participants would consider in pricing a transaction.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="list-style-type: none;">
<ol start="15" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; margin: 0pt 0pt 0pt 14pt; padding-left: 4pt; text-indent: 0pt; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Segment reporting</font></li>
</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol></li>

</ol>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">In reviewing the operational performance of the Group and allocating resources, the chief operating decision maker (&#8220;CODM&#8221;), is the Board of Directors (&#8220;BoD&#8221;), in charge for the operational decisions of resource allocation and performance evaluation.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The CODM considers the whole Group as a single operating and reportable segment, monitoring operations, making decisions on fund allocation and evaluating performance based on a single operating segment. The CODM reviews relevant financial data on a consolidated basis for all subsidiaries. Disaggregated information is only reviewed at the revenue level (Note 23), with no corresponding detail at any level of margin or profitability.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">See note 23 for a breakdown of Net Revenue and selected assets by geographic location.</font></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>8</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Changes in significant accounting policies</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group has initially adopted Interest Rate Benchmark Reform Phase <font>2</font> &#8211; Amendments to IFRS<font>9</font>, IAS <font>39</font>, IFRS <font>7</font>, IFRS <font>4</font> and IFRS <font>16</font> beginning January 1, 2021.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group applied the Phase <font>2</font> amendments retrospectively. However, in accordance with the exceptions permitted in the Phase <font>2</font> amendments, since the Group had no transactions for which the benchmark rate had been replaced with an alternative benchmark rate as of December 31, 2020, there is no impact on opening equity balances as a result of retrospective application. </font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>45</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: italic; font-weight: bold;">Specific policies applicable beginning January 1, </font><font style="font-style: italic; font-weight: bold;"><font>2021</font></font><font style="font-style: italic; font-weight: bold;"> for interest rate benchmark reform</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Phase <font>2</font> amendments provide practical relief from certain requirements in IFRS Standards. These reliefs relate to modifications of financial instruments and hedging relationships triggered by a replacement of a benchmark interest rate in a contract with a new alternative benchmark rate.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">If the basis for determining the contractual cash flows of a financial asset or financial liability measured at amortized cost changes as a result of interest rate benchmark reform, then the Group updates the effective interest rate of the financial asset or financial liability to reflect the changes required by the reform. Changes in the basis for determining the contractual cash flows are required by interest rate benchmark reform if the following conditions are met:</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<div>
<table style="width: 100%; margin-left: 0.1px; height: 34px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 17px;">
<td style="height: 17px; padding: 0px; width: 2%;"><br></td>
<td style="height: 17px; vertical-align: top; padding: 0px; width: 3%;" valign="top"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="height: 17px; vertical-align: top; padding: 0px; width: 95%;" valign="top"><font 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-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">the change is necessary as a direct consequence of the reform; and</font><br></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px; padding: 0px;"><br></td>
<td style="height: 17px; vertical-align: top; padding: 0px;" valign="top"><font style="font-size: 12pt;">&#8226;</font><br></td>
<td style="height: 17px; vertical-align: top; padding: 0px;" valign="top"><font 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-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">the new basis for determining the contractual cash flows is economically equivalent to the previous basis &#8211; i.e. the basis immediately before the change.</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">If changes are made to a financial asset or financial liability, in addition to changes to the basis for determining the contractual cash flows required under interest rate benchmark reform, then the Group first updates the effective interest rate of the financial asset or financial liability to reflect the change required under interest rate benchmark reform. Subsequently, the Group applies the accounting policies to implement the modifications set out above to the additional changes.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Amendments also provide for an exception to use a revised discount rate that reflects the change in interest rates when remeasuring a lease liability because of a lease modification that is required by an interest rate benchmark reform.</font></p>
<p style="margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Finally, the Phase <font>2</font> amendments provide for a series of temporary exceptions from certain hedge accounting requirements when a change required by interest rate benchmark reform occurs to a hedged item and/or hedging instrument that permits the hedge relationship to be continued without interruption. The Group does not apply hedge accounting.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>9</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Business combination</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">On June 26, 2021, the CI&amp;T Brazil entered into a purchase agreement to acquire <font>100</font>% of the shareholding control of Dextra Investimentos S.A. (&#8220;Dextra Holding&#8221;) and its subsidiaries (&#8220;Dextra Group&#8221;). On July 22, 2021, the transaction was approved by the Administrative Council for Economic Defense (CADE). All conditions precedent were met on August 10, 2021, the date on which the closing term of the acquisition was formalized and the CI&amp;T Brazil obtained the shareholding control of the Dextra Group. Dextra Group is primarily involved in customized software development. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Control of the Dextra Group will enable the Company to increase the available talent pool. The acquisition is also expected to increase the Company&#8217;s customer relationship in Brazil. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The total consideration of acquisition in the purchase agreement was R$<font>800,000</font>. The Company paid R$ <font>650,000</font> on August 10, 2021 and R$ <font>50,938</font> on December 02, 2021. The remaining balance will be paid on the first anniversary of the closing date, subject to the application of any purchase price adjustments (note <font>18</font>). The Management revised the purchase price on the closing date based on the Agreement, and reduced the price based in the amount of R$ <font>16,427</font>, thus the total of consideration transferred was R$ <font>783,573</font>. This reduction is subject to review by the seller.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The amount of R$<font>30,000</font> related to a portion of the remaining balance payable was retained for any materialized contingencies, which will be paid on the fifth anniversary of the closing date.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>46</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">For the year ended on December 31, 2021, Dextra Holding contributed R$<font>172,959</font> in revenue to the Group&#8217;s results and a profit of R$ <font>31,943</font> for the period. If the acquisition had occurred on January 1, 2021, Management estimates that consolidated revenue would have totaled R$ <font>1,617,339</font>, and consolidated profit for the year ended on December 31, 2021 would have totaled R$ <font>129,044</font>. In determining these amounts, Management has assumed that the fair value adjustments, on the acquisition date, would have been the same if the acquisition had occurred on January 1, 2021.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">a)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Consideration transferred</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following table summarizes the fair value of each major class of consideration transferred on the acquisition date:</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 102px;" width="100%">

<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 88%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Cash </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> <font style="border-left: none; border-right: none;">700,938</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Accounts payable for business combination (note <font>18</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>82,635</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Accounts payable </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>45,726</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Retained amount </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>30,000</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,909</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total consideration transferred </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-top: 0.75pt solid #000000; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>783,573</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">b)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Acquisition-related cost</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company incurred acquisition-related costs of R$<font>2,109</font> on legal fees and due diligence costs. These costs have been recognized in &#8220;administrative expenses&#8221;.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<div>
<table style="width: 100%; height: 17px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 17px;">
<td class="pgno" style="padding: 0px; text-align: center; height: 17px;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>47</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">c)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Identifiable assets acquired and liabilities assumed</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The following table summarizes the recognized amounts of assets acquired and liabilities assumed on the acquisition date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 451px; border-collapse: collapse; margin: 0pt 9pt 0pt 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 88%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; width: 12%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,216</font> </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Trade receivables <font style="vertical-align: super; font-size: 8pt;">(a)</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>56,313</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,668</font> </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,386</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>68,583</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Non-current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Recoverable taxes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,932</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Property, plant and equipment (note <font>13</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,149</font> </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Intangible assets <font style="font-size: 8pt;"><sup><font style="vertical-align: super;">(</font></sup><sup><font style="vertical-align: super;">i</font></sup><sup><font style="vertical-align: super;">) </font></sup></font>(note <font>14</font>)</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>148,523</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Right-of-use assets (note <font>15</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,414</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>167,018</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>235,601</font> </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Suppliers </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,627</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Lease liabilities (note <font>15</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,105</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries and welfare charges </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>23,436</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,569</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,933</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>26</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>44,696</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Non-current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Lease liabilities (note <font>15</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,035</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,053</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>47,749</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total identifiable net assets acquired </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>187,852</font> </font></p>
</td>
</tr>

</table>
</div>
<div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%;"><br></td>
<td style="width: 3%;"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">(a)</font></td>
<td style="width: 95%;"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Gross contractual amount receivable is R$<font>56,854</font> and R$<font>541</font> is not expected to be collected.</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 137px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (i) According to the purchase price on August 10, 2021:&nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 0.75pt solid #000000; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font style="font-size: 8pt;"> Fair value</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 88%;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Network software (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 12%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>191</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Internally developed software (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22,613</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Customer relationship (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>88,961</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Non-compete agreement&nbsp;(note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,257</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Brands (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>20,501</font> </font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> Total intangible assets at fair value (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>148,523</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>48</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Measurement of fair values</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following fair values have been determined on the assumptions:</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 2%;" valign="top"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px; width: 95%;" valign="top"><font 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-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">The fair value estimate for brands was calculated based on the &#8220;Relief from Royalty or Savings of Royalties&#8221; method, which estimates the asset's value based on hypothetical royalty payments that would be saved by the asset holder compared to what would be paid for licensing the asset owned by third parties, considering its useful life. The useful life for brands is <font>1.4</font> year.</font><br></td>
</tr>
<tr>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><br></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">The fair value estimate for non-compete agreement was calculated based on the &#8220;With and Without&#8221; method. Its useful life is <font>5</font> years.</font></td>
</tr>
<tr>
<td style="vertical-align: top; padding: 0px;" valign="top"><br></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 12pt; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px;" valign="top"><font 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-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">The fair value estimate for customer relationship was calculated based on the multi-period excess earnings. Its useful life is <font>7.4</font> years.</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">d)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Goodwill</font></font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Goodwill arising from the acquisition has been recognized as follows:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 78px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Note </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Goodwill </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 82%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Consideration transferred </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 5%;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>9</font>.a </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 2%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>783,573</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of identifiable net assets </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>9</font>.c </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>187,852</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> Goodwill (note <font>14</font>) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>595,721</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Goodwill is attributable mainly to the skills and technical talent of Dextra&#8217;s work force and the synergies expected to be achieved from integrating the Company. The recognized goodwill is expected to be deductible for tax purposes during the merger, which was occurred on December 31, 2021.</font></p>
<p style="margin: 0pt; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>49</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; orphans: 0; text-indent: -32pt; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>10</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Cash and cash equivalents</font><font style="font-weight: bold;"> and financial investments</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>10.1</font> Cash and cash equivalents</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 68px;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> . </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 78%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Cash and cash equivalents </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>69,720</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 2%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>59,640</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Short-term financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 0.75pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>66,007</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 0.75pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>103,187</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>135,727</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>162,827</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Short-term financial investments are represented by fixed income securities, with interest rate ranging from <font>100</font>% to <font>103</font>% on December 31, 2021 (<font>97</font>% to <font>101</font>% as of December 31, 2020) of the changes of Interbank Deposit Certificate (CDI) variation which (i) Management expects to use for short-term commitments; (ii) present daily liquidity; and (iii) are readily convertible into a known amount of cash, subject to an insignificant risk of change in value.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"><font>10.2</font></font><font style="font-weight: bold;"> </font><font style="font-weight: bold;">Financial investments</font></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 34px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 78%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>798,786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 2%; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">At December 31, 2021, the balance of R$ <font>798,786</font> (US$ <font>143,139</font>) is fully allocated in a USD interest-bearing account, bearing interest of <font>0,05</font>% p.a., and such account presents immediate liquidity and is readily convertible into a known amount of cash, subject to an insignificant risk of changes in value in USD . The Company holds USD amount for short-term commitments in USD, therefore, such amount may be subject to a significant exchange rate once translated to Brazilian Reais.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; orphans: 0; text-indent: -32pt; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>11</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Trade receivables</font></font></p>
<p style="margin: 0pt 0pt 9pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The balances of trade receivables are presented, as follows:</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.8365%; height: 85px; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; margin: 0px; text-indent: 0px;"><br></td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; vertical-align: top; border-bottom-width: 1px; margin: 0px; text-indent: 0px; height: 17px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 77%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Trade receivables - Domestic market </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>100,581</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>32,275</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Trade receivables - Foreign market </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>240,997</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>164,673</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> (-) Expected credit losses </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,059</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>692</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Trade receivables, net </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>340,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>196,256</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>50</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The balances of trade receivables by maturity date are as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 114px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 10px; width: 78%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Not due </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>319,450</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 2%; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>167,939</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Overdue: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 19px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 19px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: normal;">from <font>1</font> to <font>60</font> days </font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;">(<font style="border-left: none; border-right: none;">i</font>)</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 19px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>20,020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 19px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 19px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>28,012</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>61</font> to <font>360</font> days </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>1,564</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>939</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Over <font>360</font> days </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>544</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>58</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>341,578</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>196,948</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; width: 3%;" valign="top"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">(i)</font></td>
<td style="vertical-align: top; width: 97%;" valign="top"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">As of December 31, 2021, the balance of trade receivables overdue from <font>1</font> to <font>60</font> days of R$<font>20,020</font> (R$<font>28,012</font> as of December 31, 2020), refers to a series of individual clients. The Group considers these extensions and delays as expected in its credit risk analysis.</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><br></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The movement of impairment loss on trade receivables is as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 89%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>246</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;">)</td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Provision </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,751</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Reversal </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,337</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange variation </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>32</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>692</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Provision </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>3,106</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Reversal </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,826</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange variation </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>87</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,059</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; orphans: 0; text-indent: -32pt; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>12</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Other assets</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.039%; height: 157px;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 20px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 78%; background-color: #cceeff; height: 20px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Prepaid expenses <sup>(a)</sup></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; border-bottom-width: 1px; height: 20px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>29,743</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 2%; background-color: #cceeff; border-bottom-width: 1px; height: 20px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; border-bottom-width: 1px; height: 20px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,221</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;">Rental security deposits</p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,471</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,402</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Suppliers&#8217; advances </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>162</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>673</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>592</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>72</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>32,968</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>15,368</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>29,994</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 1px; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12,874</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,974</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,494</font> </font></p>
</td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>32,968</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>15,368</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 25.1pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2%;"><br></td>
<td style="width: 3%; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">(a)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">&nbsp;</font></font><br></td>
<td style="width: 95%; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Prepaid expenses are mostly comprised of prepaid insurance, mainly related to directors and officers liability insurance, consulting, software support prepayments.</font></td>
</tr>

</table>
<p style="font-size: 9pt; line-height: 200%; margin: 0pt 0pt 0pt 25.25pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>51</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; orphans: 0; text-indent: -32pt; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>13</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Property, </font><font style="font-weight: bold;">plant</font><font style="font-weight: bold;"> and equipment</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 129px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 78%; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> IT equipment </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font>35,230</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>15,407</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Furniture and fixtures&nbsp;&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>6,283</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;<font>6,364</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Vehicles </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; -</font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;<font>27</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Hardware devices </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; -</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;<font>291</font> </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Leasehold improvements&nbsp;<font style="vertical-align: super; font-size: 8pt;">(a)</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;<font>16,051</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp;&nbsp;<font>16,460</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Property, plant and equipment in progress&nbsp;&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;<font>157</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;<font>222</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>57,721</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>38,771</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 9pt 25.1pt; text-align: justify; text-indent: -18pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(a)<font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font>Improvements are depreciated on a straight-line basis based over the duration of the lease agreement.</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The changes in the balances are as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 486px; text-indent: 0px;" width="100%">

<tr style="height: 10px;">
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: normal;"> &nbsp; . </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> IT equipment </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Furniture and fixtures </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vehicles </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Leasehold improvements</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> In progress</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Hardware devices</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 31%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Cost: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 8%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"><font style="font-weight: bold;"> Balance as of January 1, 2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>24,013</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>11,903</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>295</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>22,345</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>14</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>58,570</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>1,285</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>760</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>69</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>1,155</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,269</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>11,315</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>1,365</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>461</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>5,998</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>487</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19,626</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Disposals </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,761</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,091</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>278</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,352</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>103</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,585</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Transfers </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>4</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>5,683</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>5,687</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Balance as of December 31, 2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>34,852</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>12,941</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>86</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>28,292</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>222</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>487</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>76,880</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>386</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>176</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>375</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>37</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>974</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Spin-off </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>128</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>4</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>313</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>625</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,070</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Addition due to business combination (note <font>9</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>7,379</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>1,018</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>752</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>9,149</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>22,527</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>301</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>1,052</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>1,724</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>138</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>25,742</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Disposals </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,376</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>563</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>86</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>909</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>160</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,094</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Transfers </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>1,353</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,353</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Balance as of December 31, 2021</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>63,640</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>13,869</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>30,915</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>157</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>108,581</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Depreciation: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>15,092</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,680</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>109</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>9,761</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>30,642</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>565</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>207</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>28</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>154</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>954</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>5,386</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,616</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>50</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,245</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>196</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>10,493</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Disposals </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>1,598</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>926</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>128</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>1,328</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,980</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Balance as of December 31, 2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>19,445</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>6,577</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>59</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>11,832</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>196</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>38,109</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>214</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>42</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>57</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>199</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Spin-off </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>10</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>2</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>280</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>292</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>9,625</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>1,451</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>5</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,908</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> (<font>84</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>15,073</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Disposals </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>864</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>482</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>64</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>819</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,229</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Balance as of December 31, 2021</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>28,410</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>7,586</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>14,864</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>50,860</font> </font></p>
</td>
<td style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> Balance as of: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>15,407</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>6,364</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>27</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>16,460</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>222</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>291</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>38,771</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>35,230</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>6,283</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>16,051</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>157</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>57,721</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group does not have property, plant or equipment pledged as collateral.</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>52</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>14</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Intangible assets</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 135px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 74%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Network software </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom; width: 12%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>2,399</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom; width: 2%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom; width: 12%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,096</font> </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Internally developed software <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>3,911</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,385</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Software in progress </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>391</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>115</font> </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Customer relationship <font style="vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>84,195</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Non-compete agreement <font style="vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,897</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Brands <font style="vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>14,541</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; - </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Subtotal </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<font style="border-left: none; border-right: none; font-weight: bold;">119,334 </font></font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font>3,596</font> </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Goodwill <font style="font-size: 8pt;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">ii)</font></font></font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font>619,469</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>14,570</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>738,803</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>18,166</font></font></p>
</td>
</tr>

</table>
</div>
<p style="font-size: 9pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt;"><br></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="padding: 0px; vertical-align: top; width: 3%;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">(i)</font></td>
<td style="padding: 0px; vertical-align: top; width: 97%;" valign="top"><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Refers to internal expenses with software development to be sold by the Group and also for internal use.</font></td>
</tr>
<tr>
<td style="padding: 0px; vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">(ii)</font></td>
<td style="padding: 0px; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Refers to customer relationship, non-compete agreement and brads arising from acquisition of&nbsp;</font>Dextra<font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;Technologies S.A., on August 10, 2021 (note&nbsp;</font></font><font>9</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">.c).</font></td>
</tr>
<tr>
<td style="padding: 0px; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(iii</font><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">)</font><font style="color: #000000; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'times new roman', times; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">&nbsp;</font></font></td>
<td style="padding: 0px; vertical-align: top;" valign="top"><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">Refers to goodwill arising from: a) acquisition of&nbsp;</font>Dextra<font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;Technologies S.A., on August 10, 2021, in the amount of R$</font></font><font>595,721</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;(note&nbsp;</font><font>9</font><font style="font-size: 10pt;"><font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">.d); b) acquisition of Comrade&nbsp;</font>Inc<font style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">. in&nbsp;</font></font><font>2017</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">, in the amount of R$</font><font>19,644</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;(R$</font><font>10,969</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;as of December 31, 2020), which was merged in&nbsp;</font><font>2018</font><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">, into the subsidiary CI&amp;T&nbsp;</font>Inc<font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">; c) acquisition of CI&amp;T IN Software&nbsp;</font>Ltda<font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">., which was merged into the Company in&nbsp;</font></font><font>2014</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;in the amount of R$</font><font>2,871</font><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">; and d) acquisition of CI&amp;T Japan&nbsp;</font>Inc<font 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: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">. in&nbsp;</font></font><font>2015</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;in the amount of R$</font><font>1,233</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;(R$</font><font>730</font><font 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-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">&nbsp;as of December 31, 2020).</font></td>
</tr>

</table>
<p style="margin: 0pt 0pt 0pt 7.1pt;"><br></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The change in the balances of intangible assets as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 473px; width: 99.836%; text-indent: 0px;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Network software</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Internally developed software </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Software in progress </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Customer relationship</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Non-compete agreement </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt; font-family: 'times new roman', times; font-weight: bold;"> Brands </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Goodwill </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; border-bottom-width: 1px; height: 10px; margin: 0px; text-indent: 0px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; border-bottom: 1px solid #000000; margin: 0px; text-indent: 0px;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 18px; background-color: #cceeff; width: 28.5%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Cost: </font></p>
</td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; border-bottom-width: 1px; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; background-color: #cceeff; border-bottom-width: 1px; margin: 0px; text-indent: 0px; width: 8%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; margin: 0px; text-indent: 0px; width: 0.5%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font>9,229</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>11,444</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; <font>445</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>14,570</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>35,688</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>331</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>331</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Additions </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>188</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>646</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>931</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp; <font>1,765</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Disposals </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>16</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>16</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Transfers </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> -</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>1,261</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp; (<font>1,261</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp; <font>9,732</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>13,351</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>115</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp; <font>14,570</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>37,768</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Additions due to business combination (note <font>9</font>) </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>191</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font>22,613</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>88,961</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,257</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>20,501</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>595,721</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>744,244</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>38</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>9,178</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>9,216</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Additions </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,999</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,428</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>738</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> -</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> -</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,165</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Impairment loss <font style="vertical-align: super; font-size: 8pt;">(a)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>20,723</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,795</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>23,518</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Write-off </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>18</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>550</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>568</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Transfers </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>88</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>88</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> Balance as of December 31, 2021</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>11,942</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>16,581</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>391</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>88,961</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>13,462</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>20,501</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>619,469</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>771,307</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Amortization: </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>7,657</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>9,486</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>17,143</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>298</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>298</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Additions </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>697</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,480</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,177</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Disposals </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>16</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>8,636</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>10,966</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; -&nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; -&nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>19,602</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange rate changes </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>32</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>32</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Additions </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>893</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,708</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,766</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,189</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,960</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>14,516</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; height: 10px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Impairment loss <font style="vertical-align: super; font-size: 8pt;">(a)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,624</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font style="border-left: none; border-right: none;">1,624</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Write-off </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> &nbsp; <font>22</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>9,543</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>12,670</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>4,766</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>435</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>5,960</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>32,504</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom; font-weight: bold;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance at: </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,096</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,385</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>115</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>14,570</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>18,166</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 5px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp; <font>2,399</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>3,911</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>391</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>84,195</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>13,897</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>14,541</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>619,469</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>738,803</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>53</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; width: 3%;" valign="top">(a)</td>
<td style="vertical-align: top; width: 97%;" valign="top">
<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-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">After the consummation of the Dextra Group acquisition, the Company decided to discontinue the investment in the intangible assets, acquired in the business combination and initially recognized as internally developed software, in the amount of R$20,723, due to growth strategies in the digital transformation market, with the purpose more directed to the development of customized and on demand software for customers. The residual amount with respect to a non-compete agreement, in the amount of R$1,171, was also recognized as impairment. The total amount of impairment loss of intangible assets was recognized in the caption &#8220;Other income (expenses), net&#8221; (note 24.1), in the amount of R$21,895, as of December 31, 2021.</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Impairment test &#8211; Goodwill</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The recoverable amount of the CGU was based on the value in use, determined through the discounted future cash flows to be generated by the continuous use of the CGU.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The discounted cash flow methodology was used to determine the value in use of the CGU, calculated based on the capitalization of free cash flows discounted at a weighted-average cost of capital (WACC) that corresponds to the discount rate, considering the weighted average cost of the different financing forms present in the company&#8217;s capital structure.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The values attributed to the main assumptions, as detailed below, represent the assessment of future management trends in relevant sectors and were based on historical data from internal and external sources.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 85px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;"> December 31, 2020</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; width: 78%;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Discount rate - before tax </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font style="border-left: none; border-right: none;">19.06</font>% </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; border-bottom-width: 1px; height: 17px; width: 2%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>12.54</font>% </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Discount rate - after tax </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>12.94</font>% </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1px; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>12.38</font>% </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Budgeted EBITDA growth rate (average for the next <font>five</font> years) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22</font>% </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>20</font>% </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Terminal value growth rate: </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>3.5</font>% </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>3.5</font>% </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The financial projections of the business unit in Brazil were prepared in Brazilian reais, in nominal values for the next <font>five</font> years.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The discount rate was estimated after tax based on the historical weighted average cost of capital rate at which the CGU operates.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Cash flow projections were prepared for <font>five</font> years and a growth rate in perpetuity after this period was considered. The rate of growth in perpetuity was determined as the lower value between the inflation of the countries where the Company operates and the estimated annual compound rate of long-term growth of EBITDA, which Management believes to be consistent with the market.</font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The key estimates used were as follows:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; width: 3%; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; width: 97%; padding: 0px 0px 15px;" valign="top"><font 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-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;">Revenue growths are projected considering the average growth levels experienced over the past years and the growth for the next<font>&nbsp;</font></font><font>five</font><font 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-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;"><font>&nbsp;</font>years between<font>&nbsp;</font></font><font>28</font><font 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-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;">% and<font>&nbsp;</font></font><font>43</font><font 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-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;">%, considered effective tax rates on the base date of assessment.</font></td>
</tr>
<tr>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top; padding: 0px 0px 15px;" valign="top"><font 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-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;">The scenario with the extinction of the Brazilian payroll tax exemption benefits directly impacted personnel costs, reducing gross margin.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; 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; float: none; display: inline !important;">&#8226;</font></td>
<td style="vertical-align: top;" valign="top"><font 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-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;">The variation in EBITDA follows revenues, costs, and expenses. The EBITDA margin of Net revenue was maintained at<font>&nbsp;</font></font><font>22</font><font 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-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;">% over the projected period.</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Management&#8217;s impairment test for <font>2021</font> and <font>2020</font> indicated that value in use is substantially higher than the carrying amount of the goodwill. Management therefore believes that no reasonably possible change in any of the above key assumptions would cause the carrying amount of goodwill to materially exceed its recoverable amount.</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font 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-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;">The Company did not recognize any impairment loss for the years ended December 31, 2021 and <font>2020</font>.</font></font></p>
<p style="margin: 0pt; text-align: justify; text-indent: 20pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>54</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-style: normal; font-weight: bold;"><font>15</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Leases</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; text-indent: -18pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<ol type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14pt; padding-left: 14.35pt; text-indent: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Right-of-use assets</font></font></li>
</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 85px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 78%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Properties </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>69,441</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>66,459</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Vehicles </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,173</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,809</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> IT equipment </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>213</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>497</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>73,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>69,765</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Some of the Group&#8217;s leases have the option of an extension that can be exercised for an indefinite period, and in these cases the Group has already considered in the measurement of the lease amounts the extensions that are reasonably certain to be exercised.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Group applies the short-term lease recognition exemption to its short-term leases of properties (those leases that have a lease term of <font>12</font> months or less). It also applies the lease of low-value assets recognition exemption to leases that are considered of low value. Lease payments on short-term leases and leases of low-value assets are recognized as expenses on a straight-line basis. The remained rental expenses for the year totaled R$<font>5,922</font> as of December 31, 2021 (R$<font>4,669</font> as of December 31, 2020).</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The changes to balances of the right-of-use are:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 459px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 49.2207%;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.92617%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Properties </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.31255%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.96883%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.84413%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Vehicles </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.31255%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.96883%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.92617%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> IT equipment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.23052%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; width: 1.96883%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 9.92617%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; width: 1.31255%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Cost: </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>84,324</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,213</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>851</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>88,388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Foreign currency difference </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,370</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,380</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>14,305</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,503</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,808</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derecognition of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>18,450</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>718</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>19,168</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance on December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>88,549</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>5,008</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>851</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>94,408</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> Additions due to business combination (note <font>9</font>.c) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,414</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,414</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Foreign currency difference </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,744</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,747</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Additions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11,815</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,724</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,539</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derecognition of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,200</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,363</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,563</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Remeasurement of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,318</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,318</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance on December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times; font-weight: bold;"> <font style="border-left: none; border-right: none;">107,640</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>6,372</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>851</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="border-left: none; border-right: none; font-weight: bold;"> 114,863</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Depreciation: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Initial amount on January 1, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>13,434</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>985</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>71</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>14,490</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Foreign currency difference </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>979</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>9</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>988</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Depreciation </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>15,320</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,609</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>283</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17,212</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derecognition of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,643</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>404</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,047</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance on December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>22,090</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>2,199</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>354</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>24,643</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Foreign currency difference </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>857</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Depreciation </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>16,535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,944</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>284</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>18,763</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derecognition of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,657</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,945</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,602</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Remeasurement of right-of-use assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>376</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>376</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance on December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; margin: 0pt; text-align: right; width: 9.92617%;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>38,200</font> </font></p>
</td>
<td style="margin: 0pt; font-weight: bold; text-align: left; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>2,199</font> </font></p>
</td>
<td style="margin: 0pt; font-weight: bold; text-align: left; width: 1.31255%;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>638</font> </font></p>
</td>
<td style="margin: 0pt; font-weight: bold; width: 1.23052%; text-align: left;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right; font-weight: bold;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> (<font>41,037</font> </font></p>
</td>
<td style="margin: 0pt; font-weight: bold; width: 1.31255%; text-align: left;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net balance at: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>66,459</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,809</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>497</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>69,765</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1.31255%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 49.2207%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>69,441</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.84413%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,173</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>213</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.23052%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.96883%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>73,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.31255%;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>55</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T<font>&nbsp;</font>Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<ol start="2" type="a" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold; margin: 0pt 0pt 0pt 14.67pt; padding-left: 13.68pt; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Lease liabilities</font></li>
</ol>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 129px;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Average discount rate (per year) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 61%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Properties </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 15%; height: 17px; text-align: center;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>10.88</font>% (<font>2020</font>: <font>7.56</font>%) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 2%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>77,366</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>71,765</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Vehicles </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; text-align: center;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>14.54</font>% (<font>2020</font>: <font>12.69</font>%)&nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,285</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>2,940</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> IT equipment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; text-align: center;">
<p style="margin: 0pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;"> <font>7.70</font>% (<font>2020</font>: <font>7.70</font>%) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>237</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>523</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>75,228</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Current </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21,214</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>14,569</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Non-current </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>60,674</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>60,659</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>75,228</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The change in lease liabilities is disclosed in the reconciliation of change in liabilities to cash flows in note <font>16</font>.</font></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font style="border-left: none; border-right: none;">16</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Loans</font><font style="font-weight: bold;"> and </font><font style="font-weight: bold;">borrowings</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Loans and borrowings operations can be summarized as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 154px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Currency </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000; width: 20.0581%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Average interest rate per year (%) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000; width: 9.44767%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Year of maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000; width: 13.8081%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000; width: 11.7733%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 22px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Ita&#250; </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(</font><font style="font-weight: normal; vertical-align: super;">i</font><font style="font-weight: normal; vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 20.0581%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4.82</font>% p.a.&nbsp; </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 2.18023%; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 9.44767%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2022</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 2.18023%; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 13.8081%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp;&nbsp;<font>2,349</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 22px; width: 2.18023%; margin: 0px; text-indent: 0px;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; background-color: #cceeff; width: 11.7733%; margin: 0px; text-indent: 0px;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>5,936</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 22px; width: 2.32558%; margin: 0px; text-indent: 0px;"><br></td>
</tr>
<tr style="height: 22px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Santander Bank S/A</font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;"> (iv)</font></font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 22px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12.87</font>% p.a. </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2021</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;&nbsp;<font>33</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 22px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Bradesco</font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;"> (</font><font style="font-weight: normal; vertical-align: super;">i</font><font style="font-weight: normal; vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> CDI + <font>3.57</font>% / CDI + <font>1.10</font>% </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2021</font> / <font>2023</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;<font>11,684</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>52,081</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Banco do </font><font style="font-weight: normal;">Brasil</font><font style="font-weight: normal;"> </font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3.05</font>% </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2021</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>20,748</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">HSB</font><font style="font-weight: normal;">C</font><font style="font-weight: normal;"> - CI&amp;T Inc.</font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;"> (iii)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Prime rate + <font>1</font>% </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2021</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; - </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>10,432</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Citiban</font><font style="font-weight: normal;">k</font><font style="font-weight: normal;"> - CI&amp;T Inc.</font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;"> (iii)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>Libor</font> <font>3</font> months rate + <font>1.90</font>% </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2022</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp; &nbsp;<font>11,164</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Banco do </font><font style="font-weight: normal;">Brasil</font><font style="font-weight: normal;"> </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(ii)</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2.37</font>% p.a. </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2022</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp;&nbsp;<font>56,551</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Citibank </font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2.28</font>% p.a. / <font>2.30</font>% p.a. </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2022</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>28,328</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Santander Bank S/A</font><font style="font-weight: normal;"> </font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;">(v)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> CDI + <font>1.60</font>% p.a. </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2026</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>204,047</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; - </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Bradesco </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(</font><font style="font-weight: normal; vertical-align: super;">i</font><font style="font-weight: normal; vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> CDI + <font>1.75</font>%&nbsp; </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2026</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;<font>306,417</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp; - </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Citibank</font><font style="font-weight: normal;"> </font><font style="font-weight: normal; vertical-align: super; font-size: 8pt;">(ii)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 9.59302%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 20.0581%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>Libor</font> <font>3</font> months rate + <font>2.07</font>% </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 9.44767%;">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2026</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>168,169</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 24.1279%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.59302%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 20.0581%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.44767%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; border-bottom: 2.5pt double #000000; margin: 0px; text-indent: 0px; width: 13.8081%;">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>788,709</font> </font></p>
</td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; margin: 0px; text-indent: 0px; width: 2.18023%;"><br></td>
<td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; border-bottom: 2.5pt double #000000; margin: 0px; text-indent: 0px; width: 11.7733%;">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>89,230</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.32558%;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table style="width: 100%; margin-left: 0.1px; height: 86px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 18px;">
<td style="width: 3%; height: 18px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(i)</font></td>
<td style="width: 97%; height: 18px;"><font 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-align: justify; text-indent: -24px; 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;">Export credit note - NCE: Refers to financing to export software development services.</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(ii)</font></td>
<td style="height: 17px;"><font 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-align: justify; text-indent: -24px; 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;">Advance on Foreign Exchange Contract (ACC).</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(iii)</font></td>
<td style="height: 17px;"><font 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-align: justify; text-indent: -24px; 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;">Refers to Revolving Credit Facility.</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(iv)</font></td>
<td style="height: 17px;"><font 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-align: justify; text-indent: -24px; 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;">Refers to Leasing contracts.</font></td>
</tr>
<tr style="height: 17px;">
<td style="height: 17px;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(v)</font></td>
<td style="height: 17px;"><font 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-align: justify; text-indent: -24px; 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;">Refers to Law <font>4131</font> - Foreign currency loans granted by the banks abroad to a Brazilian company.</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">These balances were included as current and non-current borrowings in the consolidated statement of financial position as follows:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>56</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 61px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 78%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current </font></p>
</td>
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>164,403</font> </font></p>
</td>
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 1%;"><br></td>
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>75,377</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>624,306</font> </font></p>
</td>
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,853</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>788,709</font> </font></p>
</td>
<td style=";&nbsp;&nbsp;padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>89,230</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The principal balances of long-term loans and borrowings as of December 31, 2021, mature as follows:</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 102px; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Coluna<font>2</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; background-color: #cceeff; width: 89%; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2023</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 10%; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; &nbsp;<font>112,031</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; width: 1%; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2024</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;<font>143,197</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2025</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>196,925</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2026</font> </font></p>
</td>
<td style="padding: 0px; border-bottom: 0.75pt solid #000000; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>172,153</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current liabilities </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>624,306</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The reconciliation of change in liabilities to cash flows arising from financing activities is shown below:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 373px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%">

<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-right: 5.4pt; height: 10px; background-color: #ffffff; vertical-align: bottom; width: 44.4767%;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 1pt solid #000000; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </font></p>
</td>
<td style="padding-right: 5.4pt; background-color: #ffffff; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 1pt solid #000000; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Leases </font></p>
</td>
<td style="padding-right: 5.4pt; background-color: #ffffff; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 1pt solid #000000; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Share premium and </font></p>
</td>
<td style="padding-right: 5.4pt; background-color: #ffffff; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 1pt solid #000000; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; height: 10px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 44.4767%;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 0.75pt solid #000000; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Loans and borrowings </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 0.75pt solid #000000; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Leases (note <font>15</font>.b) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 0.75pt solid #000000; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reserves </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2.32558%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; width: 11.7733%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>89,230</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; width: 2.18023%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; width: 11.4826%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>75,228</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; width: 2.18023%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; width: 11.6279%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>116,072</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; width: 2.18023%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; width: 11.6279%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>280,530</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; width: 2.32558%; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Changes in cash flow from financing activities </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Proceeds from loans and borrowings </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>740,596</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>740,596</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loans, borrowings and lease liabilities payments </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>75,196</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17,656</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>92,852</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Issuance of common shares at initial public offering </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>915,947</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>915,947</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Transaction cost of offering </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>66,876</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>66,876</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Share-based plan contributions </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,282</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,282</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest on equity paid </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>6,288</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>6,288</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Dividends paid (note <font>22</font>) </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>126,045</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>126,045</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total changes in cash flow from financing activities </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">665,400</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font style="border-left: none; border-right: none;">17,656</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">718,020</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,365,764</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Exchange rate changes </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>601</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,054</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,655</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Other changes - liabilities </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Additions due to business combination (note <font>9</font>.c) </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,139</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,139</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> New leases </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,504</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,504</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Remeasurement </font></p>
</td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,351</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,351</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest expenses </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>23,366</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,369</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>29,735</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Interest paid </font></p>
</td>
<td style="height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>12,149</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,753</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 10px; background-color: #cceeff; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17,902</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other borrowing/lease costs </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22,261</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>213</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22,048</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease write-offs </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,135</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom">)</td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; background-color: #cceeff; border-bottom: 0.75pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,135</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total other changes - liabilities </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,478</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>22,262</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px; font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>55,740</font> </font></p>
</td>
<td style="height: 17px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total other changes - equity </font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>217,950</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>217,950</font> </font></p>
</td>
<td style="background-color: #cceeff; height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 10px; width: 44.4767%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.7733%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">788,709</font> </font></p>
</td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.4826%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">81,888</font> </font></p>
</td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,052,042</font> </font></p>
</td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.18023%;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 2.8pt double #000000; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 11.6279%;" valign="bottom">
<p style="font-size: 9pt; line-height: 108%; margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">1,922,639</font> </font></p>
</td>
<td style="height: 10px; padding: 0px; margin: 0px; text-indent: 0px; vertical-align: bottom; width: 2.32558%;" valign="bottom"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>57</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><br></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 309px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Liabilities </font></p>
</td>
<td style="padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Leases </font></p>
</td>
<td style="padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Net Equity </font></p>
</td>
<td style="padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #ffffff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 0.75pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Loans and financing </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 0.75pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Leases (Note <font>15</font>.b) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; border-bottom: 0.75pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reserves </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #ffffff; height: 10px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; background-color: #ffffff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 48%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>27,849</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>77,393</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>36,937</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>142,179</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Financing cash flow variations </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Proceeds from loans and borrowings </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>144,269</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>144,269</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Loan and borrowings payments, and lease payments </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>88,107</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>15,500</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>103,607</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Interest on own capital </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,276</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,276</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Dividends paid </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>30,977</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>30,977</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total changes in financing cash flows </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">56,162</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font style="border-left: none; border-right: none;">15,500</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font style="border-left: none; border-right: none;">35,253</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">5,409</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Effect of changes in exchange rates </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,310</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,657</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,967</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Other changes - related to liabilities </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> New leases </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,715</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,715</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Interest expense </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,281</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,023</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,304</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Interest paid </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,880</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,023</font>) </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,903</font>) </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other costs </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,508</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,508</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease write-offs </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>11,037</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>11,037</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total other changes related to liabilities </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,909</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>5,678</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>9,587</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total other changes related to equity </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>114,388</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>114,388</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>89,230</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>75,228</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>116,072</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>280,530</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Loans and borrowings covenants</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'times new roman', times; font-size: 10pt;">The loans and borrowings described above are subject to covenants, which establish the early maturity of debts. Early maturity of the loans could be caused by:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 3%; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -22.6667px; 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;">&#8212;</font></td>
<td style="width: 97%;"><font 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-align: justify; text-indent: -22.6667px; 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;">Disposal, merger, incorporation, spin-off, or any other corporate reorganization process that implies a change in the shareholding control, except for the prior consent from the creditor, and if it does not affect the liquidity capacity of this instrument. During&nbsp;</font><font>2021</font><font 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-align: justify; text-indent: -22.6667px; 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;">, due to corporate reorganization as mentioned in the note&nbsp;</font><font>1</font><font 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-align: justify; text-indent: -22.6667px; 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;">.a, the Company obtained the necessary waivers from financial creditors.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td><br></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -22.6667px; 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;">&#8212;</font></td>
<td><font 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-align: justify; text-indent: -22.6667px; 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;">Failure to send the annual financial statements within&nbsp;</font><font>180</font><font 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-align: justify; text-indent: -22.6667px; 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;days of the fiscal year-end.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td><br></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -22.6667px; 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;">&#8212;</font></td>
<td><font 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-align: justify; text-indent: -22.6667px; 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;">Public notice of default before a relevant notary office, in the amount of R$</font><font>500</font><font 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-align: justify; text-indent: -22.6667px; 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;">, unless it has been proved to the creditor that the public note was issued due to a third-party mistake or bad faith, the public note of default was canceled, or the payment of the relevant debt was deposited in court within&nbsp;</font><font>30</font><font 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-align: justify; text-indent: -22.6667px; 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;days from such public notice default.</font></td>
</tr>

</table>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group has complied with these covenants as of December 31, 2021 and December 31,2020.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>58</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>17</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Salaries and welfare charges</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 137px;" width="100%">

<tr style="height: 17px;">
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 75%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Salaries </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 12%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>31,342</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 12%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,258</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 7px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Accrued vacation and charges </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>83,750</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>50,064</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Bonus </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>72,810</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>52,312</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 7px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Withholding income tax </font></p>
</td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>20,604</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,604</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Payroll charges (social contributions) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18,124</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,929</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 7px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Others </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,543</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,173</font> </font></p>
</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>234,173</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>141,794</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The table below shows the movement of the bonus accrual:</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 105px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td colspan="10" style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2021</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of January 1, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Addition </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of movements in exchange rates </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; border-top: 1pt solid #000000; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 45%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Bonus </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>52,312</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>65,603</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>50,402</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,297</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>72,810</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td colspan="10" style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2020</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Balance as of </font><br><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">January 1, 2020</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Addition </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Effect of movements in exchange rates </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-top: 1pt solid #000000; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-top: 1pt solid #000000; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-top: 1pt solid #000000; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Bonus </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>26,016</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>51,916</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>28,667</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,047</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>52,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>18</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Accounts payable for business combination</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 12.25pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
</tr>
<tr style="height: 12.25pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 88%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Remaining acquisition cost </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>48,817</font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Retained amount </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>30,000</font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,909</font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;"><font>85,726</font></font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>48,923</font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Non-current </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>36,803</font> </font></p>
</td>
</tr>
<tr style="height: 12.25pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>85,726</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The table below shows the movement of the accounts payable for business combination:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 44px;" width="100%">

<tr style="height: 17px;">
<td style="border-bottom: 0.5pt solid #a5a5a5; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="color: #7b7b7b; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="color: #7b7b7b; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2021</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="color: #7b7b7b; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="color: #7b7b7b; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; border-top: 0.5pt solid #a5a5a5 !important; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 56%; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 10%; border-bottom: 0.75pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of August 10, 2021 (Note <font>2</font>) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 1%; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 10%; border-bottom: 0.75pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Monetary adjustment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 1%; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 10%; border-bottom: 0.75pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Payment </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 1%; height: 10px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 10%; border-bottom: 0.75pt solid #000000; height: 10px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; width: 1%; height: 10px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="border-bottom: 0.5pt solid #a5a5a5; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Accounts payable for business combination (note <font>9</font>) </font></p>
</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>133,573</font> </font></p>
</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;"><br></td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,091</font> </font></p>
</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;"><br></td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>50,938</font> </font></p>
</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; height: 17px; text-align: left; background-color: #cceeff;">)</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding: 0px; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>85,726</font> </font></p>
</td>
<td style="border-bottom: 0.5pt solid #a5a5a5; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; text-align: right; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The subsidiary to CI&amp;T Brazil paid R$ <font>50,938</font> on December 2, 2021 upon anticipation of part of the remaining balance due to the Company completing its Initial Public Offering in <font>2021</font>.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>19</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Provisions</font></font></p>
<p style="margin: 0pt 0pt 11pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #222222;">The </font>Group <font style="color: #222222;">is </font><font style="background-color: #ffffff; color: #222222;">involved in</font><font style="color: #222222;"> tax and labor lawsuits</font><font style="color: #222222;"> </font><font style="background-color: #ffffff; color: #222222;">that were considered</font><font style="color: #222222;"> probable </font><font style="background-color: #ffffff; color: #222222;">losses </font><font style="color: #222222;">and are</font><font style="color: #222222;"> </font><font style="color: #222222;">provisioned</font><font style="color: #222222;"> </font>according to the table below:</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>59</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;"><br></font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 86px;" width="100%">

<tr style="height: 34px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Provisions </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Reversal </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Provisions </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 34%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Tax </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>120</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>131</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Labor </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>163</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>25</font>) </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>150</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>352</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>502</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total Provisions </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>173</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>13</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>25</font>) </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>161</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>472</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>633</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="color: #222222;">The main labor lawsuits </font><font style="color: #222222;">referred to</font><font style="color: #222222;"> above </font><font style="color: #222222;">refer to the compliance</font><font style="color: #222222;"> with </font><font style="color: #222222;">minimum quota of employees with disabilities and lack of</font><font style="color: #222222;"> control</font><font style="color: #222222;"> over working hours</font><font style="color: #222222;">.</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the Group&#8217;s judicial deposits totaled R$<font>3,079</font> (R$<font>3,083</font> as of December 31, 2020), recognized in the statement of financial position, in non-current assets. Of this amount, R$<font>2,933</font> (R$<font>2,932</font> as of December 31, 2020) refer to tax lawsuits, R$<font>142</font> (R$<font>151</font> as of December 31, 2020) refer to labor lawsuits and R$<font>4</font> refers to civil lawsuits.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="color: #222222; 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-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;">Additionally, the Group is a party to civil, labor and tax lawsuits, whose likelihood of loss is regarded as possible, for which no provision was recorded, in the amount of R$4,292 as of December 31, 2021 (R$215 as of December 31, 2020) of which R$ 4,093 related to lawsuits assumed in the business combination with Dextra Group.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p class="MsoNormal" style="margin: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: small; 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; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; text-align: justify;"><font style="color: black;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The significant lawsuits assessed as possible loss refer to:</font><b><u></u><u></u></b></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<table style="width: 94.2971%; margin-left: 0.1px; height: 44px; font-family: 'times new roman'; font-size: 10pt;">

<tr style="height: 10px;">
<td style="height: 10px; vertical-align: top; width: 2.94883%;" valign="top"><font 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-align: justify; text-indent: -37.64px; 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;">(i)</font></td>
<td style="height: 10px; padding: 0px 0px 10px; width: 97%;" colspan="2"><font 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-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;">The labor infraction notices that addresses the hiring of employees with disabilities. The Group filed an administrative defense, but the notice was maintained. In February 2019, the Group appealed at administrative level and is awaiting the review.</font><br></td>
</tr>
<tr>
<td style="vertical-align: top; width: 2.94883%;">(ii)</td>
<td style="padding: 0px 0px 10px; width: 97%;" colspan="2"><font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Tax lawsuits related to non-contribution tax credits referring to payroll in the period from January 1 to December 31, 2011.</font></td>
</tr>
<tr>
<td style="vertical-align: top; width: 2.94883%;">(iii)</td>
<td style="padding: 0px 0px 10px; width: 97%;" colspan="2"><font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">Civil lawsuit regarding an employee claiming alleged breach of employment contract by<font>&nbsp;</font></font>Dextra<font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; 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; float: none; display: inline !important;">, therefore, requiring receipt of double amounts (undue refund).</font></td>
</tr>

</table>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>20</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Employee benefits</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group provides its employees with benefits that include medical care, dental care and life insurance during their employment. These benefits are paid by the Group and according to the category of health plans elected, with a consideration paid by the employee.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>60</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, the Group offers its employees the option to adhere to a private pension plan to which voluntary contributions are made. For CI&amp;T Brazil, the contributions are made exclusively by the participants; for CI&amp;T US, CI&amp;T UK and CI&amp;T Canada the companies contribute with the same amount as the participants up to <font>4</font>% of the employee salary. In both scenarios there is no consideration to be paid by the subsidiaries, as there are no post-employment obligations. The nature of the plan allows employees to suspend or discontinue their contributions at any time and allows the Management to transfer the portfolio to another administrator. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group does not have additional post-employment obligations and none other long-term benefits, such as time-of-service leave, lifetime health plan and other time-service benefits. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>21</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Stock option plan</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27pt; text-align: justify; text-indent: -27pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">a.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Plan in force</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On March 30, 2020, the Board of Directors approved the <font>1</font><font style="vertical-align: super; font-size: 8pt;">st</font> and <font>2</font><font style="vertical-align: super; font-size: 8pt;">nd</font> stock option programs and, on February 26, 2021, approved the <font>3</font><font style="vertical-align: super; font-size: 8pt;">rd</font> and <font>4</font><font style="vertical-align: super; font-size: 8pt;">th</font> stock option programs, through which selected executives were granted options that confer the right to exercise the stock purchase, subject to certain conditions under the &#8220;Stock Option Plan&#8221;, with the option to settle in equity and cash.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On October 29, 2021, in connection with a restructuring pursuant to which the Company became the holding company of the CI&amp;T Group for the purpose of an initial public offering (see note <font>1</font>.a), the Board of Directors approved the migration of the plan from the subsidiary CI&amp;T Brazil to the Company. The Company recognized to the rights of each participant accrued under the corresponding plan and related programs and shall assume all obligations of CI&amp;T Software under such plan.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The options already granted become options granted under the CI&amp;T Cayman Plan, provided that each option shall confer the right to acquire <font>one</font> class A common share issued by Company.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Considering that the number of shares forming Company&#8217;s capital stock is approximately <font>68.14</font> times the number of shares forming the subsidiary CI&amp;T Brazil, the number of granted options and the exercise price were adjusted in the same proportion.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">According to the above restructuring, the Company remeasured the fair value of the stock options granted, both of the Company and of the subsidiary CI&amp;T Brazil on the date of the plan migration. The remeasurement to fair value of the stock options granted was immaterial.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Stock option program (equity settled)</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following are the general conditions of the Group&#8217;s stock option plan:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>61</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 431px; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="background-color: #ffffff; padding: 0px 0px 0px 20px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Characteristics of the plans: </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;" valign="bottom" rowspan="2">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="font-weight: bold;"><font style="border-left: none; border-right: none;">1</font></font><font style="font-weight: bold; vertical-align: super;">st</font><font style="font-weight: bold;"> and <font style="border-left: none; border-right: none;">2</font></font><font style="font-weight: bold; vertical-align: super;">nd</font><font style="font-weight: bold;"> Program</font></font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Equity-settled </font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: bottom; border-bottom: 1pt solid #000000;" valign="bottom" rowspan="2">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"><font style="border-left: none; border-right: none;">4</font>th Program</font></p>
</td>
<td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #ffffff;">
<td style="padding: 0px 0px 0px 20px; vertical-align: top; background-color: #ffffff; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%;">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #ffffff; height: 10px; margin: 0px; text-indent: 0px; width: 5.0041%; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #ffffff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt;"><font style="font-weight: bold;"><font>3</font></font><font style="font-weight: bold; vertical-align: super;">rd</font><font style="font-weight: bold;"> Program</font></font></p>
</td>
<td style="padding: 0px; background-color: #ffffff; height: 10px; margin: 0px; text-indent: 0px; width: 5.0041%; border-bottom: 1pt solid #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; width: 59.8852%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Grant date </font></p>
</td>
<td style="padding: 0px; width: 10.0082%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/04/2020 </font></p>
</td>
<td style="padding: 0px; width: 5.0041%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; width: 10.0082%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/04/2021 </font></p>
</td>
<td style="padding: 0px; width: 10.0082%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/04/2021 </font></p>
</td>
<td style="padding: 0px; width: 5.0041%; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 30px; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Exercise Period: </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6.8</font> years </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.8</font> years </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.8</font> years </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Exercise </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>-</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 30px; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Limit date </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/01/2027 </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/01/2027 </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/01/2027 </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 20px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 20px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Activity of stock option number </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times; font-weight: bold;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> (+) Total number of granted options </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,940,478</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>666,616</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>187,820</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 30px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> (-) Canceled options </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>78,360</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19,900</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 25px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> (=) Number of options not exercised </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,862,118</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">i)</font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>666,616</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>167,920</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 25px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(i</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 30px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> (=) Number of outstanding options on 12/31/2021 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,862,118</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>666,616</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>167,920</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> (=) Number of exercisable options on 12/31/2021 </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,244,994</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 20px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 20px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Inputs used in the measurement </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times; font-weight: bold;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 27px;">
<td style="padding: 0px 0px 0px 30px; height: 27px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Exercise price (in reais) </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9.58</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(ii)</font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19.84</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19.84</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(ii)</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: bold;"> Share price on the grant date (in reais) </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21.68</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(v)</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21.68</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>21.68</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(v)</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 30px; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Volatility (% p.a.) </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>24.19</font>% </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(iv)</font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>27.73</font>% </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>27.73</font>% </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(iv)</font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Interest rate (% p.a.) </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1.53</font>% </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2.66</font>% </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2.66</font>% </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 27px;">
<td style="padding: 0px 0px 0px 30px; height: 27px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Option value (in reais) </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.37</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(iii)</font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.06</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.06</font> </font></p>
</td>
<td style="padding: 0px; height: 27px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(iii)</font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Remaining average term (expected lifetime) </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3.7</font> years </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; text-align: center; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; vertical-align: super;">(vi)</font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4.3</font> years </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4.3</font> years </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><br></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 20px; height: 10px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><sup><font style="font-family: 'times new roman', times;"> &nbsp; </font></sup></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 20px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> Effects on income for the year: </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 30px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Total expense attributed to the granting of options (R$) </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,846</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,275</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>298</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Expenses incurred until December 31, 2020 (R$) </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>142</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 30px; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Expenses incurred until December 31, 2021 (R$) </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>668</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>251</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>48</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 30px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 59.8852%; vertical-align: middle;" valign="middle">
<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-weight: normal;"> Expenses to incur </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,036</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,024</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10.0082%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>250</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 5.0041%; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: normal;"><br></font></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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>62</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><br></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 3%; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(i)</font></td>
<td style="width: 97%;"><font 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-align: justify; text-indent: -24px; 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;">Conditional upon the grace period and assuming the possibility of anticipated vesting in face of a liquidity event.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(ii)</font></td>
<td><font 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-align: justify; text-indent: -24px; 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;">Price established was based on valuation at the time the options are granted.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(iii)</font></td>
<td><font style="font-size: 10pt;"><font 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: justify; text-indent: -24px; 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;">Fair value based on the Black-</font>Scholes<font 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: justify; text-indent: -24px; 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;method.</font></font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(iv)</font></td>
<td><font 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-align: justify; text-indent: -24px; 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;">The expected volatility was estimated based on the historical volatility of the comparable Companies share price.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(v)</font></td>
<td><font 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-align: justify; text-indent: -24px; 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;">The share price was determined based on valuation prepared by the Group on the date of plan migration.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(vi)</font></td>
<td>
<p style="margin: 0pt; 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-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; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Average calculated considering that, according to the definition of the plan,&nbsp;<font>25</font>% of the options can be exercised before the vesting period.</font><br></p>
</td>
</tr>

</table>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Board of Directors is entitled to select the participants of the program, at its sole discretion, among the Management, executives, employees and service providers of the Company and its subsidiaries. Additionally, the Board of Directors defines the terms of each program, when the option granted to the participants will become eligible for exercise (&#8220;vesting period&#8221;), including the possibility of anticipating the vesting period. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The fair value of the stock options granted is estimated on the grant date, based on the Black-Scholes model, which considers the terms and conditions for granting the shares.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On October 29, 2021, as a result of the corporate reorganization, the exercise price of the options changed from R$ <font>653.21</font> to R$ <font>9.58</font> for the <font>1</font><font style="vertical-align: super; font-size: 8pt;">st</font> and <font>2</font><font style="vertical-align: super; font-size: 8pt;">nd</font> programs and changed from R$ <font>1,352.00</font> to R$ <font>19.84</font> for the <font>3</font><font style="vertical-align: super; font-size: 8pt;">rd</font> and <font>4</font><font style="vertical-align: super; font-size: 8pt;">th</font> programs, to be updated according to the official national price index (IPCA / IBGE). The participants must pay the exercise price in cash and the program does not provide for alternatives for paying cash back to participants.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In the year ended on December 31, 2021, the Group recognized in the statement of profit or loss an amount of R$ <font>967</font> (R$ <font>142</font> as of December 31, 2020), see details in item &#8220;e&#8221;.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27.67pt; text-align: justify; text-indent: -27.67pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">b.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Stock option program (settled in cash)</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Due to the corporate reorganization as described in item &#8220;a&#8221;, the stock option program settled in cash was also migrated from the subsidiary CI&amp;T Brazil to the Company. The number of granted options was proportionally adjusted by the equivalent of the Company's shares.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The amount to be settled in cash is based on the increase of the Group&#8217;s share price between the grant date and the exercise date. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; height: 98px; width: 100%; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 62.9756%;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; text-decoration: underline;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid rgb(0, 0, 0); width: 16.926%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Pa</font><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">yable</font><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> in</font><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> ca</font><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">sh</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 5.0041%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid rgb(0, 0, 0); width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Payable<font>&nbsp;</font>in<font>&nbsp;</font>cash&nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 5.0041%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 7px; height: 17px; width: 62.9756%; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Granting date </font></p>
</td>
<td style="padding: 0px; height: 17px; width: 16.926%; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; border-bottom-width: 1px;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>04</font>/<font>2020</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; width: 5.0041%; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; border-bottom-width: 1px;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; width: 10.0082%; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; border-bottom-width: 1px;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10</font>/<font>2021</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; width: 5.0041%; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 7px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 62.9756%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exercise Period: </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 16.926%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6.8</font> years </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></sup></font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 10.0082%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.2</font> years </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times; vertical-align: super;">(i)</font></sup></font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 7px; height: 10px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 62.9756%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exercise Date </font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 16.926%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></sup></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 10.0082%;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times; vertical-align: super;">(i)</font></sup></font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="padding: 0px 0px 0px 7px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 62.9756%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Limit date for exercising the options </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 16.926%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/01/2027 </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times;"><font style="vertical-align: super;">(</font><font style="vertical-align: super;">i</font><font style="vertical-align: super;">)</font></font></sup></font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 10.0082%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 01/01/2027 </font></p>
</td>
<td style="padding: 0px; height: 10px; margin: 0px; text-indent: 0px; text-align: center; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-size: 8pt;"><sup><font style="font-family: 'times new roman', times; vertical-align: super;">(i)</font></sup></font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding: 0px 0px 0px 7px; height: 17px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 62.9756%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Total number of options granted </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 16.926%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>69,774</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 10.0082%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12,130</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; background-color: rgb(204, 238, 255); margin: 0px; text-indent: 0px; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding: 0px 0px 0px 7px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 62.9756%;" valign="middle">
<p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Liabilities carrying amount as of December 31, 2021 </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 16.926%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,307</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 10.0082%;" valign="middle">
<p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>52</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; margin: 0px; text-indent: 0px; vertical-align: middle; width: 5.0041%;" valign="middle">
<p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 9pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal;">(i)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Conditional upon the grace period and assuming the possibility of anticipated vesting in face of a liquidity event.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>63</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">c.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Canceled plans</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On August 31, 2013, the Group approved the stock option plan, through which the executive officers elected by the Board of Directors were granted the possibility of acquisition of the Company&#8217;s shares, subject to certain conditions (&#8220;Stock Option Plan&#8221;).</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Extraordinary Shareholders&#8217; Meeting (&#8220;EGM&#8221;), held on November 13, 2019, approved the cancellation of all programs and contracts of the Group&#8217;s Stock Option Plan, approved at the Company&#8217;s Extraordinary Shareholders&#8217; Meeting of May 31, 2013, so that all options to purchase the shares issued by the Group granted to beneficiaries, exercisable or not, were canceled, with no effect for all legal purposes. On November 13, 2019, the Group unilaterally canceled the share-based payment plan, according to the EGM held on that date.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On December 19, 2019, at the Board of Directors&#8217; meeting, the Group and the beneficiaries of the extinguished plan approved the Transaction and Settlement Agreement and Other Covenants, which includes the indemnities to be paid in the amount of R$<font>44,000</font>, granting full discharge to the Group of any right related to the Plan. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In <font>2020</font>, the agreements were ratified and paid, in the total amount of R$<font>43,354</font>. The remaining amount, of R$<font>628</font>, was approved and paid in July 2021. </font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27.67pt; text-align: justify; text-indent: -27.67pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">d.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Shares granted to executive</font><font style="font-weight: bold;"> officers</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In August 2017, the Company granted to the former controlling shareholders of the subsidiary Comrade, Inc. (later merged into CI&amp;T, Inc.) the right to receive <font>16,530</font> shares. Comrade&#8217;s shareholders became executives of the Group, and the granting of the shares is conditioned to continuing employment in the Group for a period of <font>four</font> years from the acquisition date of Comrade. The fair value of the shares was estimated on the acquisition date of the subsidiary, using the &#8220;Black-Scholes&#8221; pricing model, in the amount of R$<font>5,120</font>.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; text-align: justify; text-indent: -18pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the impact on profit or loss totaled R$<font>246</font> (R$<font>751</font> as of December 31, 2020), see details below in item &#8220;e&#8221; &#8211; expenses recognized in profit or loss.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On October 8, 2021, the executive officers exercised the options through the issuance of <font>16,530</font> new common shares, with no par value, at the total issuance price of R$<font>28,697</font>, subscribed by McMillian Family Trust. The subscribed shares were paid through the transfer of <font>15,896</font> shares issued by the subsidiary CI&amp;T Inc to the subsidiary CI&amp;T Brazil.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">e.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Expenses recognized in profit or loss</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 204px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Plan in force: </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 78%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Equity settled </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>967</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>142</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Cash settled </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,318</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>41</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Shares granted to executives&#8217; officers </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>246</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>751</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Expenses recognized in profit or loss (note <font>24</font>) </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,531</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>934</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other effects in shareholders&#8217; equity </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,282</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,751</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,813</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;<font>2,685</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (-) Effect of cash settled </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,318</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>41</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Effect of movements in exchange rates </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total shareholders&#8217; equity </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.5pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,498</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.5pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,652</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>64</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>22</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">E</font><font style="font-weight: bold;">quity</font></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27pt; text-align: justify; text-indent: -27pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">a.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Share capital</font></font></p>
<p style="margin: 0px; text-align: justify; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;"><br></font></font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 79%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Number of ordinary nominative shares </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>132,197,896</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>121,086,781</font> </font></p>
</td>
</tr>
<tr style="height: 11.35pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Par value (i) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.00027</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.56958</font> </font></p>
</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Share capital </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>36</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 2.5pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>68,968</font> </font></p>
</td>
</tr>

</table>
</div>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 3%; vertical-align: top;"><br></td>
<td style="width: 97%; text-align: justify;"><br></td>
</tr>
<tr>
<td style="width: 3%; vertical-align: top;" valign="top"><font 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-align: justify; text-indent: -24px; 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;">(i)</font></td>
<td style="width: 97%; text-align: justify;"><font 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-align: justify; text-indent: -24px; 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;">In November 2021 the Group&#8217;s shareholders approved a capital stock share split with a&nbsp;</font><font>1</font><font 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-align: justify; text-indent: -24px; 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;">:</font><font>68.14</font><font 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-align: justify; text-indent: -24px; 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;share split ratio. As a result of the share split, the Group&#8217;s historical financial statements have been revised to reflect the number of shares and per share data as if the share split had been in effect for all periods presented.</font></td>
</tr>

</table>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As at December 31, 2021, after all the corporate restructuring for purposes of the registration of the Company&#8217;s common shares in connection with the IPO (see note <font>1</font>.a), the Company&#8217;s share capital is R$ <font>36</font> represented by <font>132,197,896</font> common shares. Those common shares are represented by <font>15,000,000</font> Class A common shares and <font>117,197,896</font> Class B common shares. As at December 31, 2020 the CI&amp;T Brazil&#8217;s share capital <font style="letter-spacing: 0.2pt;">consists of </font><font style="letter-spacing: 0.2pt;"><font>121,086,781</font></font><font style="letter-spacing: 0.2pt;"> common shares, in the total amount of R$</font><font style="letter-spacing: 0.2pt;"> </font><font style="letter-spacing: 0.2pt;"><font>68,968</font>.</font><font style="letter-spacing: 0.2pt;"> </font></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The holders of the Class&nbsp;A common shares and Class&nbsp;B common shares have identical rights, except that (i)&nbsp;the holders of Class&nbsp;B common shares are entitled to <font>ten</font> votes per share, whereas holders of Class&nbsp;A common shares are entitled to <font>one</font> vote per share, (ii)&nbsp;Class&nbsp;B common shares have certain conversion rights and (iii)&nbsp;the holders of Class&nbsp;B common shares are entitled to maintain a proportional ownership interest in the event that additional Class&nbsp;A common shares are issued, however that such rights to purchase additional Class B common shares may only be exercised with Class B Shareholder Consent.&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27.67pt; orphans: 0; text-align: justify; text-indent: -27.67pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">b.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Share premium</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff;">The share premium refers to the difference between the subscription price </font><font style="background-color: #ffffff;">(US$</font><font style="background-color: #ffffff;"> </font><font style="background-color: #ffffff;"><font>15.00</font> per share) </font><font style="background-color: #ffffff;">that the shareholders paid for the shares and their nominal value</font><font style="background-color: #ffffff;"> (US$</font><font style="background-color: #ffffff;"> </font><font style="background-color: #ffffff;"><font>0.00005</font> per share)</font><font style="background-color: #ffffff;">, as a total amount of </font>R$ <font>915,947</font> (US$ <font>166,666</font>)<font style="background-color: #ffffff;">.</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-indent: -26.33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">c.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Capital reserve</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Corporate Restructuring</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As described in note <font>1</font>.a above, CI&amp;T completed its corporate restructuring in November 2021. CI&amp;T Brazil ceased to be ultimate parent company, and CI&amp;T (non-operating holding company) became the ultimate parent company. This transaction occurred through the transfer of the shares of its shareholders from CI&amp;T Brazil to CI&amp;T Delaware and, subsequently, to CI&amp;T, which result in the capital increase of <font>121,086,781</font> shares at par value of R$ <font>0.00027</font> per share, in the amount of R$ <font>33</font>, and the remaining amount of R$ <font>88,206</font> was recorded as capital reserve.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">Share-based </font><font style="font-style: italic;">compensation</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>65</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group a share-based compensation plans that are accounted as Capital reserve per a total amount of R$ <font>2,498</font> (see note <font>21</font>).</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic;">Share</font><font style="font-style: italic;"> issuance costs</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Company incurred incremental costs directly attributable to the public offering in the amount of R$ <font>66,876</font>, net of taxes, recorded in the Capital reserve.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27.67pt; text-indent: -27.67pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">d.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Earnings reserves</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.95pt;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 11.95pt; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 79%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Retained earnings reserve </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>95,515</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The application of earnings reserves will be decided at the Annual and Extraordinary Shareholders&#8217; Meeting.</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">e.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold; letter-spacing: -0.2pt;">Dividends and interest on shareholders&#8217; equity</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The dividends and interest on shareholder&#180;s equity mentioned below occurred before the corporate reorganization. As of December 31, 2021, the Company had no dividends liability.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On April 30, 2021, the Shareholders&#8217; Meeting and Extraordinary Shareholders&#8217; Meeting of CI&amp;T Brazil approved:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 12pt; margin: 0pt 0pt 0pt 28.52pt; padding-left: 7.48pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">the payment for interest on equity up to the annual limit of R$ <font>6,288</font>;</font></li>
</ul>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<ul type="disc" style="margin: 0pt; padding-left: 0pt;">
<li style="font-family: Symbol; font-size: 12pt; margin: 0pt 0pt 0pt 28.52pt; padding-left: 7.48pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">the distribution of additional dividends on profit for the year ended <font>2020</font> in the amount of R$ <font>40,363</font>. As of June 28, 2021, the Company paid the amount of R$ <font>71,040</font> related to the profit for the year ended <font>2020</font>. Dividends declared and paid totaled R$ <font>17.60</font> per common share of the subsidiary in <font>2020</font>. </font></li>
</ul>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Additionally, on October 8, 2021, the Extraordinary Shareholders&#8217; Meeting of CI&amp;T Brazil approved the distribution of additional dividends on profit for the year ended <font>2020</font>, in the amount of R$ <font>55,005</font>, equivalent to R$ <font>31.24</font> per common share of the subsidiary in <font>2020</font>. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 25pt; text-align: justify; text-indent: -25pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">f.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Other comprehensive income</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Accumulated translation adjustments include all foreign currency translation differences on investments abroad.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>23</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Net revenue</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group generates revenue primarily through the provision of services described in the table below, which is summarized by nature:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 125px;" width="100%">

<tr style="height: 23px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 23px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 23px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 23px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 23px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 79%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Software development revenue </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,394,583</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>891,012</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Software maintenance revenue </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>30,026</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>31,133</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Revenue from software license agent </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,637</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,413</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Consulting revenue </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,922</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>28,601</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other revenue </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,212</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,360</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total net revenue </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,444,380</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>956,519</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>66</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth the net revenue by industry vertical for the periods indicated:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 180px;" width="100%">

<tr style="height: 27px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 27px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 27px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 27px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 27px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 79%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> By Industry Vertical </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial services </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>487,177</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>324,118</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Food and beverages </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>340,709</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>244,590</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Pharmaceuticals and cosmetics </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>206,375</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>134,763</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Technology, media, and telecom </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>169,311</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>81,961</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Retail and manufacturing </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>93,871</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>83,046</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Education and services </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>64,336</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>41,323</font> </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Others </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>82,600</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>46,718</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total net revenue </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 2.5pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,444,380</font> </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 2.5pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>956,519</font> </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Performance obligations and revenue recognition policies</font><font style="font-weight: bold;">&nbsp;</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The revenue is measure based on the consideration specified in the contract with the client. The Group recognizes revenue when it transfers control over the product or service to the customer.&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The table below provides information on the nature and timing of performance obligations in contracts with customers, including the revenue recognition policies listed in the main types of services:&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<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="border-bottom: 0.75pt solid #000000; vertical-align: top; border-right: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;"> Type of service</font>&nbsp; </font></p>
</td>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: top; border-left: 0.75pt solid #000000 !important; border-right: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;"> Nature and timing of performance obligations</font>&nbsp; </font></p>
</td>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: top; border-left: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Revenue recognition in accordance with IFRS <font>15</font> </font></p>
</td>
</tr>
<tr>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: top; border-right: 0.75pt solid #000000 !important; border-top: 0.75pt solid #000000 !important; width: 22%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Services provision:&nbsp;</font><br><font style="font-family: 'times new roman', times; font-size: 10pt;">- software development;&nbsp;</font><br><font style="font-family: 'times new roman', times; font-size: 10pt;">- software maintenance;&nbsp;</font><br><font style="font-family: 'times new roman', times; font-size: 10pt;">- consultancy.&nbsp;</font></p>
</td>
<td style="vertical-align: top; border: 0.75pt solid #000000 !important; width: 40%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> The Group has determined that the customer controls all work in progress as the services are provided. This is because, according to these contracts, services are provided according to the client&#8217;s specifications and, if a contract is terminated by the client, the Group will be entitled to reimbursement of the costs incurred to date, including a reasonable margin.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Invoices are issued in accordance with contractual terms and are usually paid on average in <font>70</font> days. Unbilled amounts are presented as contract assets.&nbsp; &nbsp; </font></p>
</td>
<td style="border-bottom: 0.75pt solid #000000; vertical-align: top; border-left: 0.75pt solid #000000 !important; border-top: 0.75pt solid #000000 !important; width: 38%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> The associated revenue and costs are recognized over time. The progress of the performance obligation is measured based on the hours incurred. &nbsp; </font></p>
</td>
</tr>
<tr>
<td style="vertical-align: top; border-right: 0.75pt solid #000000 !important; border-top: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Software License Agency&nbsp; </font></p>
</td>
<td style="vertical-align: top; border-left: 0.75pt solid #000000 !important; border-right: 0.75pt solid #000000 !important; border-top: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> The Group acts as an agent in software license agreements between the developer and the customer.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Invoices (related to agency fees) are issued in accordance with the contractual terms and are generally paid on average within <font>45</font> days.&nbsp; </font></p>
</td>
<td style="vertical-align: top; border-left: 0.75pt solid #000000 !important; border-top: 0.75pt solid #000000 !important;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Revenue related to fees as agent is recognized when contracts are entered into. </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Contract </font><font style="font-weight: bold;">assets</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Contract assets relate mainly to the Group&#8217;s rights to consideration for services performed, for which control has been transferred to the client, but not invoiced on the reporting date. Contract assets are transferred to receivables when the Group issues an invoice to the client.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>67</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The balances from contract assets are shown and segregated in the statement of financial position as follows:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 93px;" width="100%">

<tr style="height: 25px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 25px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 25px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 25px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 25px; border-bottom: 0.75pt solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 30, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 25px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 78%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Local market </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>80,107</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>35,364</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign market </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>55,194</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,936</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (-) Expected credit losses from contract assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>913</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>675</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>134,388</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>50,625</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The movement of expected credit losses of contract assets, is as follows:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 119px; width: 100%;" width="100%">

<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 90%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of January 1, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 10%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>805</font>) </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Reversal </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>218</font> </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Effect of movements in exchange rates </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>88</font>) </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>675</font>) </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (Provision) </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>217</font>) </font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Effect of movements in exchange rates </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 0.75pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>21</font>) </font></p>
</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Balance as of December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>913</font>) </font></p>
</td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>24</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Expenses by nature</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Information on the nature of expenses recognized in the consolidated statement of profit or loss is presented below:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 353px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 78%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Employee expenses </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,010,989</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>628,699</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Third-party services and other inputs </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>65,023</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>55,660</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Short-term leases </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,922</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,669</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Travel expenses </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,156</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,656</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Depreciation and amortization </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(</font><font style="font-weight: normal; vertical-align: super;">a</font><font style="font-weight: normal; vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>48,354</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>29,882</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Stock options </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(</font><font style="font-weight: normal; vertical-align: super;">b</font><font style="font-weight: normal; vertical-align: super;">)</font></font><sup><font style="font-weight: normal; vertical-align: super;"> </font></sup><font style="font-weight: normal;">(note <font>21</font>)</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,531</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>934</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: normal;">Consulting </font><font style="font-size: 8pt;"><font style="font-weight: normal; vertical-align: super;">(</font><font style="font-weight: normal; vertical-align: super;">c</font><font style="font-weight: normal; vertical-align: super;">)</font></font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>9,177</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>446</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Expected credit loss </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>497</font>) </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>196</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment of intangible assets (note <font>14</font>) </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>21,895</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Surplus of indemnity </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other costs and expenses </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>31,230</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 0.75pt solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>19,151</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>1,199,774</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><font style="font-weight: bold;">)</font></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>748,275</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Disclosed as: </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Costs of services provided </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>935,732</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>600,866</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Selling expenses </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>89,654</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>65,093</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> General and administrative expenses </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>151,681</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>81,161</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Research and technological innovation expenses </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,462</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Impairment loss on trade receivables and contract assets </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>497</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>196</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other income (expenses) net </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>22,206</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,503</font> </font></p>
</td>
<td style="; padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.5pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>1,199,774</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 17px; border-bottom: 2.5pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>748,275</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">)</td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>68</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><br></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 3%; vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(a)</font></td>
<td style="width: 97%; text-align: justify;"><font 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-align: justify; text-indent: -24px; 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;">Depreciation and amortization in the total amount of R$</font><font>48,354</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>29,882</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) include R$</font><font>31,884</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>24,085</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) classified as cost of services and R$</font><font>16,470</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>5,797</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) as expenses.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td style="text-align: justify;"><br></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(b)</font></td>
<td style="text-align: justify;"><font 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-align: justify; text-indent: -24px; 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;">Stock options in the total amount of R$</font><font>2,531</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>934</font><font 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-align: justify; text-indent: -24px; 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;as of December 31,2020) include R$</font><font>1,930</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>139</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) classified as cost of services and R$</font><font>601</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>795</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) as expenses.</font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td style="text-align: justify;"><br></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; 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;">(c)</font></td>
<td style="text-align: justify;"><font 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-align: justify; text-indent: -24px; 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;">Consulting expenses in the total amount of R$</font><font>9,177</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>446</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) include R$</font><font>6,957</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&nbsp;(R$</font><font>446</font><font 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-align: justify; text-indent: -24px; 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;as of December 31, 2020) for acquisitions and R$</font><font>2,220</font><font 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-align: justify; text-indent: -24px; 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;referring to costs directly attributable to secondary&nbsp;public&nbsp;share offerings.</font></td>
</tr>

</table>
<p style="font-size: 10pt; line-height: 200%; margin: 0pt 0pt 0pt 18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 39pt; text-indent: -39pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>24.1</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Other income (expenses), net</font></font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 103px; text-indent: 0px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 78%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Costs attributable to secondary offer </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,220</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment of intangible assets (note <font>14</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>21,895</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Government grant </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,481</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,571</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other </font></p>
</td>
<td style="padding: 0px 0px 0px 7px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0px; text-align: right; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>572</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>932</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; border-bottom: 2.5pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>22,206</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; border-bottom: 2.5pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,503</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
</tr>

</table>
</div>
<p style="font-size: 10pt; line-height: 200%; margin: 0px; text-indent: 0px;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<div>
<p style="border: none; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><font style="font-family: 'times new roman', times; font-size: 10pt; text-indent: -32pt; font-weight: bold;"><font>25</font></font><font style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times; text-indent: -32pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'times new roman', times; font-size: 10pt; text-indent: -32pt; font-weight: bold;">Net finance costs</font><br></p>
</div>
<div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 307px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Finance income: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Income from financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,626</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign-exchange gain </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>46,302</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>28,135</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Gains on derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18,585</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>16,652</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest received </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>99</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>170</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other finance income </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>599</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>225</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>69,816</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>47,808</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"> Finance costs: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Exchange variation loss </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>49,237</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>20,080</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loss on derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>18,112</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>31,575</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest and charges on loans and leases (note <font>16</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>29,729</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>10,304</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Bank guarantee expenses </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Commissions and brokerage </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,598</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Negative monetary variation </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,092</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other finance costs </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,263</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,285</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>104,048</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>63,261</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net finance costs </font></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>34,232</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>15,453</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="font-size: 10pt; line-height: 200%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>69</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; orphans: 0; text-indent: -32pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>26</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Income tax and social contribution </font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="background-color: #ffffff;">Income tax and social security contribution </font><font style="background-color: #ffffff;">recognized</font><font style="background-color: #ffffff;"> in </font><font style="background-color: #ffffff;">profit or loss</font><font style="background-color: #ffffff;"> </font><font style="background-color: #ffffff;">for the year are shown as follows:</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current income tax and social security contribution </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>95,375</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>66,912</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred income tax </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,958</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,775</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income tax and social contributions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>84,417</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>65,137</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The reconciliation of the effective rate with the average nominal rate is shown as follows:</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 224px; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Profit before income tax and social contribution </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>210,374</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>192,791</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Combined income tax and social contribution rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>34</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>34</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax using the Company&#8217;s domestic tax rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>71,527</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>65,549</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest on own capital </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,138</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,469</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Expected income tax expense and interest on own capital </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>69,389</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>64,080</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax incentives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>219</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Impairment loss (intangible) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>6,864</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other permanent exclusions (additions) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,164</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,276</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income Tax and Social Contribution Expenses </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>84,417</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>65,137</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>95,375</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>66,912</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,958</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,775</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>84,417</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 17px; border-bottom: 2.8pt double #000000; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>65,137</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 17px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effective rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>40</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>34</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Amounts recognized directly in shareholders' equity</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 114px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Stock option plan compensation </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>45</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>45</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Current </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,698</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,653</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total taxes recognized in equity </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>45</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>70</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><br></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Deferred tax</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The composition and changes in the deferred income tax and social contribution are described below:</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 171px;" width="100%">

<tr style="height: 17px;">
<td colspan="23" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 8pt;"> Net balance on January 1</font>st</font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Recognition in equity </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Recognition in profit or loss </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Other </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Exchange variation effect </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Net amount </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Deferred tax asset </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 34px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000; height: 34px;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Deferred tax liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 34px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 21%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Provisions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,038</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>437</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>76</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,677</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,739</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>62</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Salaries and welfare charges </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18,447</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,354</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>968</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>25,768</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>25,768</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,168</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>41</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,122</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,122</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other items </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,629</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,630</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,913</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>307</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>607</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,440</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,833</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Indemnity on stock options plan </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>214</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>67</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Tax loss carry amount </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>915</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,619</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,815</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,228</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,413</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net tax liability (assets) </font></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>15,152</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>147</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>10,958</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>5,294</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>732</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>31,989</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>35,297</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>3,308</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; height: 18px; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10.2pt;">
<td colspan="23" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
</tr>
<tr style="height: 19.45pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-weight: bold;"><font style="font-family: 'times new roman', times; font-size: 8pt;"> Net balance on January 1</font>st</font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Recognition in equity </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Recognition in profit or loss </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Other </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Exchange variation effect </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Net amount </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Deferred tax asset </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Deferred tax liabilities </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 8.05pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 21%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Provisions </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,597</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>107</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>334</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,038</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,075</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 8%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>37</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 8.05pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Salaries and welfare charges </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,122</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,236</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,090</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18,447</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>18,447</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 8.05pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,583</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>486</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>98</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,168</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,168</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 8.05pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other items </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,435</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,119</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,956</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>119</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,629</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>66</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,695</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 8.05pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Indemnity on stock options plan </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,304</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,653</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,757</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>214</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>214</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 9.65pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Tax loss carry amount </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>806</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>178</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>286</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>915</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>914</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 9.65pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net tax liability (assets) </font></p>
</td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>24,977</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>8,653</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,775</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>4,956</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,010</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>15,152</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>23,884</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>8,732</font> </font></p>
</td>
<td style="padding: 0px 0px 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>27</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Earnings per share</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Basic and diluted </font><font style="font-weight: bold;">earnings</font><font style="font-weight: bold;"> per share </font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The calculation of basic earnings per share was based on the net income attributed to holders of common shares and the weighted average number of outstanding common shares. The calculation of diluted earnings per share was based on the net income attributed to holders of common shares and the weighted average number of outstanding common shares, after adjustments for all potential diluted common shares.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 204px; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Numerator </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Profit attributable to holders of common shares </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Denominator </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Weighted average number of basic shares held by shareholders </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>121,777,128</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>119,960,383</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Earnings per share &#8211; basic </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1.03</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1.06</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Numerator </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Profit attributable to holders of common shares </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>125,957</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>127,654</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Denominator </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-indent: 9pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Weighted average number of diluted shares held by shareholders </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>125,155,798</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>123,287,891</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net earnings per share &#8211; diluted </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1.01</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1.04</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>71</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Weighted </font><font style="font-weight: bold;">average number of </font><font style="font-weight: bold;">common</font><font style="font-weight: bold;"> shares</font></font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 62px; width: 100%;" width="100%">

<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 18px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 18px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 18px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Weighted average common shares (basic) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>121,777,128</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>119,960,383</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Effect of stock options when exercised </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,378,670</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,327,508</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Weighted average number of common shares </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>125,155,798</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>123,287,891</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="font-size: 11pt; line-height: 200%; margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>28</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Financial </font><font style="font-weight: bold;">i</font><font style="font-weight: bold;">nstruments and </font><font style="font-weight: bold;">r</font><font style="font-weight: bold;">isk </font><font style="font-weight: bold;">m</font><font style="font-weight: bold;">anagement</font></font></p>
<p style="margin: 0pt 0pt 0pt 18pt; orphans: 0; text-align: justify; text-indent: -18pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 39pt; text-align: justify; text-indent: -39pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>28.1</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Financial instrument categories</font></font></p>
<p style="font-size: 11pt; line-height: 108%; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group maintains operations with derivative and non-derivative financial instruments. These instruments are managed to assure liquidity and profitability. The control policy consists of monitoring the terms contracted against the terms and condition current in the market. The Company does not make investments of a speculative nature in derivatives or any other risk assets. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The estimated fair value of the Group's financial instruments considered the following methods and assumptions:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<div style="border-left: none; border-right: none;">
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="text-align: center; width: 5%;"><font style="font-size: 12pt;">&#8226;</font></td>
<td style="width: 95%;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; font-weight: bold;">Cash and cash equivalents</font><font 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-align: justify; text-indent: -24px; 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;">: recognized at cost plus income earned up to the closing date of the financial statements, which approximate their fair value.</font></td>
</tr>
<tr>
<td style="text-align: center;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">&#8226;</font></td>
<td><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; font-weight: bold;">Trade receivables</font><font 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-align: justify; text-indent: -24px; 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;">: arise directly from the Group's operations, classified at amortized cost, are recorded at their original values, adjusted based on the exchange rate changes, when applicable, and subject to a provision for losses. Their carrying amount is a reasonable approximation of fair value.</font></td>
</tr>
<tr>
<td style="text-align: center;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">&#8226;</font></td>
<td><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; font-weight: bold;">Loans</font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; font-weight: bold;"><font>&nbsp;</font>and<font>&nbsp;</font></font><font style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration: underline; font-weight: bold;">borrowings</font><font 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-align: justify; text-indent: -24px; 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;">: classified as financial liabilities measured at amortized cost and are recorded at their contractual values. The contractual flow of loans and borrowings is adjusted to the future value of the liabilities considering the interest until maturity.</font></td>
</tr>
<tr>
<td style="text-align: center;"><font style="color: #000000; font-family: 'times new roman', times; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; 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;">&#8226;</font><br></td>
<td><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="color: #000000; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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: underline; font-weight: bold;">Derivative financial instruments</font><font style="color: #000000; 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;">: The Group used derivative financial instruments to manage the interest rate risk exposure. This risk arises from the possibility of the Group incurring losses because of interest rate fluctuations that increase finance costs related to loans. In April, 2021, the Group has decided to not engage in new derivative agreements to manage the foreign exchange risk exposure. Existing contracts were maintained. NDFs &#8212; non-deliverable forwards are used for operations with derivative instruments, for the discounted cash flow model for fair value calculation, with future dollar and interest assumptions obtained at B</font><font style="color: #000000; 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; border-left: none; border-right: none;">3</font><font style="color: #000000; 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;&#8212; Brasil, Bolsa, Balc&#227;o.</font></font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Black and Scholes fair value statistical model is used for transactions with currency option (dollar), with future dollar and interest assumption obtained at B<font>3</font>.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The financial instruments were valued by calculating the present value through the use of market curves that impact the specific instrument on the calculation dates. For this, future curves of USD <font>Libor</font> <font>3</font>M, exchange coupon, and currency quotation are used. For interest rate swaps, the present value of the asset position and the liability position, both are estimated by discounting cash flows at the interest rate of the currency in which the swap is denominated. The difference between the present value of the asset and the liability position of the swap generates its fair value.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>72</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following table shows the carrying amounts and fair values of financial assets and financial liabilities, segregated by category:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.8366%; height: 352px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;" colspan="7">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 34px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortized cost </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 34px;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 34px;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets/liabilities measured at FVTPL </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 34px;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 34px;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000; height: 34px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Total</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 34px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 65%; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>135,727</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>135,727</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>798,786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>798,786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>340,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>340,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>134,388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>134,388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>896</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>896</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>32,949</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>32,949</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,442,369</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>896</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,443,265</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Suppliers and other payables </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,566</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,566</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and borrowings </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>788,709</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>788,709</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Lease liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Accounts payable for business combination </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>85,726</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>85,726</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,329</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,329</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 18px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,018,940</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,019,475</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;" colspan="7">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">December 31, 2020</font><br></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amortized cost </font></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Assets/liabilities measured at FVTPL </font></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">T</font><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">otal </font></p>
</td>
<td style="padding: 0px; vertical-align: middle;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 65%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>162,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>162,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
</tr>
<tr style="height: 10.5pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>196,256</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>196,256</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>50,625</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>50,625</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,837</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,837</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,368</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,368</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>425,076</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>8,837</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>433,913</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Suppliers and other payables </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and borrowings </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>89,230</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>89,230</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Lease liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>75,228</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>75,228</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,392</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,392</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Contract liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,987</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,987</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>198,613</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>5,392</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>204,005</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 39pt; text-align: justify; text-indent: -39pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>28.2</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Financial </font><font style="font-weight: bold;">r</font><font style="font-weight: bold;">isk </font><font style="font-weight: bold;">m</font><font style="font-weight: bold;">anagement</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group&#8217;s operations are subject to the following risk factors:</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27pt; text-align: justify; text-indent: -27pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">a.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic; font-weight: bold;">Market </font><font style="font-style: italic; font-weight: bold;">r</font><font style="font-style: italic; font-weight: bold;">isks</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group is exposed to market risks resulting from the normal course of its activities, such as inflation, interest rates and exchange rate changes.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>73</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Thus, the Group's operating results may be affected by changes in national economic policy, especially regarding short and long-term interest rates, inflation targets and exchange rate policy. Exposures to market risk are measured by sensitivity analysis.&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt 0pt 0pt 33pt; text-align: justify; text-indent: -33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: normal;">a.<font>1</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic;">Foreign </font><font style="font-style: italic;">c</font><font style="font-style: italic;">urrency </font><font style="font-style: italic;">&#8211;</font><font style="font-style: italic;"> </font><font style="font-style: italic;">Exchange rate changes</font><font style="font-style: italic;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Foreign currency risk is inherent to the Group&#8217;s business model. The Group&#8217;s revenue is mainly denominated in foreign currency and, therefore, is exposed to exchange rate changes. The Group&#8217;s expenses, on the other hand, are mainly denominated in the Group&#8217;s functional currency (Brazilian Reais) and, therefore, are not exposed to exchange rate changes. The Group is exposed to exchange rate risk on its Financial Investments, suppliers and other payables, trade receivables, loans and borrowings, lease liabilities and derivatives.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td colspan="4" style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td colspan="4" style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> USD </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Other </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> USD </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Other </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 53%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>798,786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Suppliers and other payables </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>8,763</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,057</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>540</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>233,724</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,273</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>160,411</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,855</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and borrowings </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>266,561</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>37,116</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Lease liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>32,159</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>962</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>30,307</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>361</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Net exposure </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>725,388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>5,589</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>88,610</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,315</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 18pt; text-align: justify; text-indent: -18pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group is exposed to exchange rate risk in other currencies. As it is immaterial, the Group did not carry out the sensitivity analysis.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 33pt; text-align: justify; text-indent: -33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: normal;">a.<font>2</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic;">Exchange rate risk</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group is exposed to foreign currency risk to the extent that there is a mismatch between the currencies in which sales, purchases, receivables, and borrowings are denominated and the respective functional currencies of the Company and its subsidiaries. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 33pt; text-align: justify; text-indent: -33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: normal;">a.<font>3</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic;">Interest rate risk</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Derives from the possibility of the Group incurring gains or losses resulting from changes in interest rates applicable to its financial assets and liabilities. The Group may also enter into derivative contracts in order to mitigate this risk.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Sensitivity analysis of non-derivative financial instruments</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Exchange rate fluctuation and changes in interest rates may positively or adversely affect the financial statements, due to an increase or decrease in the balances of trade receivables and investments in foreign currency and the variation in the balances of financial investments and loans and borrowings.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group mitigates its risks relating to non-derivative financial assets and liabilities substantially, through the contracting of derivative financial instruments. Accordingly, the Group identified the main risk factors that may generate losses for its operations with derivative financial instruments and this sensitivity analysis is based on <font>three</font> scenarios that may impact the Group&#8217;s future results and cash flows, as described below:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 11pt 28.38pt; text-align: justify; text-indent: -28.38pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">(i)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="font-weight: bold;">Probable </font><font style="font-weight: bold;">s</font><font style="font-weight: bold;">cenario: </font>The Group&#8217;s projections, based on internal and external data, considered: (i) the interest rate index in order to analyze the sensitivity of the index in short-term investments, whose average was <font>10.67</font>% for CDI and loans and borrowings, whose average was <font>0.27</font>% for <font>Libor</font> (only applicable for some loans and borrowings); (ii) the exchange rate of R$<font>5.30</font> USD, related to the closing rate projected by the Company, for the purposes of analyzing the foreign exchange exposure. Based on these factors, variations in the adverse and remote scenarios were calculated.</font></p>
<p style="margin: 0pt 0pt 11pt 31.44pt; text-align: justify; text-indent: -31.44pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">(ii)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="font-weight: bold;">Adverse scenario:</font> The adverse scenario rate is half the difference between the probable rate and the remote rate.</font></p>
<p style="margin: 0pt 0pt 11pt 34.49pt; text-align: justify; text-indent: -34.49pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;">(iii)</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="font-weight: bold;">Remote </font><font style="font-weight: bold;">s</font><font style="font-weight: bold;">cenario:</font> the highest projection expected by the Company for the next <font>12</font> months.</font></p>
<p style="margin: 0pt 0pt 11pt 34.49pt; text-align: justify; text-indent: -34.49pt;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>74</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">For each scenario, the gross finance income or finance costs were calculated, excluding taxes and the maturity flow of each agreement. The base date considered was December 31, 2021, projecting the indexes for <font>one</font> year and verifying their sensitivity in each scenario.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Sensitivity analysis for interest rate risk</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 137px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Risk </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Exposure in R$ </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Probable scenario (i) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Adverse Scenario (ii) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Remote Scenario (iii) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; text-align: center; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 35%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Short-term financial investments </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 15%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate increase - CDI </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 2%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>66,007</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10.67</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11.39</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12.11</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,043</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,518</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,993</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Loans and borrowings </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate increase - CDI </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>609,374</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10.67</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11.39</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12.11</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>65,020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>69,408</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>73,795</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Loans and borrowings </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Interest rate increase - <font>Libor</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>179,333</font>) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.27</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.54</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>0.81</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>484</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>968</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>1,452</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Effect on earnings (reduction) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>8,367</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>12,763</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>17,160</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 18px;"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Sensitivity analysis for exchange rate risk</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 64px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 51.4309%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom: 1px solid #000000; width: 9.97547%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Risk </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.30826%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Probable scenario (i) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Adverse Scenario (ii) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Remote Scenario (iii) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 51.4309%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net exchange variation on transactions </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.30826%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06296%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06296%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 51.4309%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Exchange variation in the year </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign currency appreciation - USD </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.30826%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 1.22649%;"><br></td>
<td style="padding: 0px; height: 10px; width: 9.8937%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.30</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; width: 1.06296%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; width: 9.8937%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.50</font> </font></p>
</td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; width: 0.981194%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; width: 9.8937%; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.70</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06296%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 51.4309%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Effect on earnings (increase) </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.22649%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.97547%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.30826%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.22649%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,718</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>5,933</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; width: 9.8937%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>6,378</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06296%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 51.4309%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.22649%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.97547%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.30826%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.22649%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>303</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06296%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>88</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.981194%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; width: 9.8937%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>357</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06296%;"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the Group held agreements for financial derivatives (NDFs), with the purpose of reducing exchange rate risk. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 27pt; text-align: justify; text-indent: -27pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">b.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic; font-weight: bold;">Credit risk</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Credit risk refers to the risk that a counterparty will not comply with its contractual obligations, causing the Group to incur financial losses. Credit risk is the risk of a counterparty in a business transaction not complying with an obligation provided by a financial instrument or an agreement with a client, which would cause financial loss. To mitigate these risks, the Group analyses the financial and equity condition of its counterparties, as well as the definition of credit limits and permanent monitoring of outstanding positions.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group applies the simplified standard approach to commercial financial assets, where the provision for losses is analyzed over the remaining life of the asset.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>75</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In addition, the Group is exposed to credit risk with respect to financial guarantees granted to banks. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group held cash and cash equivalents of R$ <font>135,727</font> on December 31, 2021 (<font>2020</font>: R$ <font>162,827</font>) and financial investments of R$ <font>798,786</font> at December 31, 2021. The cash and cash equivalents and financial investments are held with bank and financial institution counterparties, which are rated BB- to A+, based on Standard &amp; Poor&#8217;s ratings. </font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The carrying amount of financial assets represents the maximum credit exposure. The maximum credit risk exposure on the date of the financial statements is:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Hedge&nbsp;financial instruments (current and non-current) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>896</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>8,837</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> Cash and cash equivalents </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>135,727</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>162,827</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> Financial investments </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>798,786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>340,519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>196,256</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> Contract assets </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>134,388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>50,625</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> Other receivables (current and non-current) </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="color: #222222; font-family: 'times new roman', times; font-size: 10pt;"> <font>32,949</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,368</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">At 31 December 2021, the exposure to credit risk for trade receivables, contract assets and other receivables by geographic region was as follows:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 98px; width: 99.9596%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> NAE (North America and Europe) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp; 297,430</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">180,522</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 77%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">North America</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;">287,992</p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;">179,943</p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Europe</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">9,438</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">579</p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> LATAM (Latin America) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">202,528</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp; 75,577</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> APJ (Asia, Pacific and Japan) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">7,917</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp; 6,150</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font style="border-left: none; border-right: none;">507,875</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">262,249</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 26.33pt; text-align: justify; text-indent: -26.33pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">c.</font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-style: italic; font-weight: bold;">Liquidity risk</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group monitors liquidity risk by managing its cash resources and financial investments.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Liquidity risk is also managed by the Group through its cash flow projection, which aims to ensure the availability of funds to meet the Group&#8217;s both operational and financial obligations.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group also maintains approved credit lines with financial institutions, and other indebtedness such as working capital agreements in order to adequate levels of liquidity in the short, medium and long terms.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The maturities of the long-term installments of the loans are described in note <font>16</font>.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>76</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following are the remaining contractual maturities of financial liabilities on the reporting date. The amounts are gross and undiscounted, including contractual interest payments and excluding the impact of netting agreements:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 183px; width: 99.8365%;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 1px solid #000000;" colspan="16">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2021</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Carrying amount </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Cash contractual cash flow </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>6</font> months or less </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>6</font>- <font>12</font> months </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>1</font>-<font>2</font> years </font></p>
</td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; vertical-align: bottom; height: 17px;" valign="bottom"><br></td>
<td style="padding: 0px; text-align: center; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2</font>-<font>5</font> Years </font></p>
</td>
<td style="padding: 0px; vertical-align: top; text-align: center; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-derivative financial liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 29%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Trade payables </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,566</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,566</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>33,566</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; width: 10%;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Loans and borrowings </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>788,709</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>974,942</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>136,161</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>88,045</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>171,022</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>579,714</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease liabilities </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>87,662</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12,435</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12,251</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>22,284</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>40,682</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Accounts payable for business combination </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>85,726</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>85,726</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp; <font>1,064</font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>47,860</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>12,179</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>24,623</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Contract liabilities </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>13,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other payables (current and non-current) </font></p>
</td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>15,329</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,329</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,329</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 10px; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derivatives </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>535</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; <font>1,019,475</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>1,211,482</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>212,812</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>148,156</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>205,485</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; height: 17px; vertical-align: bottom; border-bottom: 2.8pt double #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>645,029</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.039%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;" colspan="16">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Carrying amount </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Contractual cash flow </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>6</font> months or less </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>6</font>-<font>12</font> months </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>1</font>-<font>2</font> years </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2</font>-<font>6</font> years </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-derivative financial liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 29%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Trade payables </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>15,312</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Loans and borrowings </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>89,230</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>111,779</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>78,898</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>7,313</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>23,901</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,667</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Lease liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>75,228</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>93,242</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11,393</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>10,470</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>19,053</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>52,326</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Contract liabilities </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,987</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,987</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>9,987</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other payables (current and non-current) </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp; <font>8,856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>8,856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>8,856</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> -</font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Derivatives </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,392</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5,392</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,920</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3,472</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>204,005</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>244,568</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>126,366</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>21,255</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>42,954</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>53,993</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Financing Lines</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Guaranteed unsecured account, reviewed annually, and paid upon request:</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 69px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 30, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 77%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Used </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; &nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Not used </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;- </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,200</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; height: 18px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>2,200</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 18px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Bank credit lines</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 57px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 30, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Used </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>11,161</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; <font>89,197</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 20px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Not used </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 20px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; <font>47,434</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 20px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 20px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 20px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>61,521</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 20px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>58,595</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>150,718</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>77</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group has credit lines credit lines for working capital with the banks HSBC and Citibank, in the amount of US$<font>10,500</font> or R$<font>58,595</font>, at the exchange rate of <font>5.5805</font>, the commercial selling rate for U.S. dollars as of December 31, 2021, as reported by the Brazilian Central Bank, partially used (note <font>16</font>).</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 39pt; text-align: justify; text-indent: -39pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>28.3</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Derivative</font><font style="font-weight: bold;"> financial instruments</font></font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group holds derivative financial instruments to hedge its foreign currency and interest rate risk exposures. As of December 31, 2021, the Group entered into purchase and sale agreement for derivative financial instruments (NDFs) in the amount of R$(<font>17</font>).</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Fair value estimated for derivative financial instruments contracted by the Group was determined according to information available in the market, mainly through financial institutions and specific methodologies of assessment. However, considerable judgment is necessary to understand market data in order to produce the fair value estimate for each operation. Consequently, the estimates do not necessarily indicate the amounts that will be effectively realized at settlement. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2021, the Group had the following agreements for financial derivatives (NDFs):</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;" colspan="13">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"><font>2021</font></font><br></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
</tr>
<tr style="height: 8.5pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Nominal value (USD) </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Contracted rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount in R$ </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
</tr>
<tr style="height: 8.5pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 39%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> February 25, 2022 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>560</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom">)</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.6220</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,148</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom">)</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.3459</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff;" valign="bottom"><br></td>
<td style="padding: 0px; vertical-align: bottom; width: 10%; border-bottom: 1px solid #000000; background-color: #cceeff;" valign="bottom">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; text-align: left;">)</td>
</tr>
<tr style="height: 9.4pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;(<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; text-align: left;"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.9596%; height: 85px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;" colspan="13">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Nominal value (USD) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Contracted rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount in R$ </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 39%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; June 15, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>3,100</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.4928</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17,064</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.4763</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>968</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; April 15, 2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.6345</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,508</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.1909</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>353</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>1,321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group also uses options in order to protect exports against the risk of exchange variation. The Group may enter into <font>zero</font>-cost collar strategies, which consists of the purchase of a put option and the sale of a call option, contracted with the same counterparty and with a net <font>zero</font> premium. </font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The composition of the balances involving options to buy and sell currencies is as follows:</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;" colspan="13">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2021</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: left;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Nominal value (USD) </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Contracted rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount in R$ </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 39%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> 01/21/2021 - 01/17/2022 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 2%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>875</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Put option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>4,900</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.8257</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>349</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> 02/25/2021 - 02/25/2022 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>490</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Put option </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,909</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.6490</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>170</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>519</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> 01/21/2021 - 01/17/2022 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>875</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Call option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>4,900</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.5563</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>298</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> 02/25/2021 - 02/25/2022 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>490</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Call option </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,909</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">)</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.4690</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>196</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 11.35pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>494</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 11.35pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(<font>25</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>78</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 197px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;" colspan="13">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> <font>2020</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: left;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Nominal value (USD) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Contracted rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount in R$ </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Market rate </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>15</font>/<font>01</font> - 15/06/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Call option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>587</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.6770</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>12</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 39%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>31</font>/<font>05</font> - 15/12/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 2%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; &nbsp; &nbsp; &nbsp; <font>2,800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Call option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.5656</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>569</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1%;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>15</font>/<font>04</font> - 30/11/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,900</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Call option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,161</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.5116</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>1,277</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (<font>1,858</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>15</font>/<font>01</font> - 15/06/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Put option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>587</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.4800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>512</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>31</font>/<font>05</font> - 15/12/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,800</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Put option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>786</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.2425</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>862</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> <font>15</font>/<font>04</font> - 30/11/2021 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>6,900</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Put option </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>2,161</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>5.3388</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>2,608</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>3,982</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 2.8pt; border-bottom-style: double; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>2,124</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">During <font>2021</font>, the Group entered into an interest rate swap transaction with the purpose of hedging the exposure to variable interest rate related to the Export Credit Note &#8211; NCE with Citibank.</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The interest rate profile of the Group&#8217;s interest-bearing financial instruments, as reported to the Group&#8217;s Management, is as follows:</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="height: 68px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="text-decoration: underline; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td colspan="13" style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-size: 8pt; font-weight: bold;"> <font style="border-left: none; border-right: none;">2021</font>&nbsp;</font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: left;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Maturity </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Notional (USD) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Amount in R$ </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Floating rate receivable </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fixed rate payable </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Fair value </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 39%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 07/16/2026 </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 2%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>30,000</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>152,100</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3</font>-month <font>LIBOR</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>3.07</font>% </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 10%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font>403</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; width: 1%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp;<font>403</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 39pt; text-align: justify; text-indent: -39pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>28.4</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">C</font><font style="font-weight: bold;">lassification of financial instruments by type of </font><font style="font-weight: bold;">measurement of fair value</font></font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group has financial instruments measured at fair value, which are qualified as defined below:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 11pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Level <font>1</font> -</font> Quoted prices (unadjusted) in active markets for identical assets or liabilities that the group may have access to on the measurement date;</font></p>
<p style="margin: 0pt 0pt 11pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Level <font>2</font> - </font>Observable information for the asset or liability, directly or indirectly, except for quoted prices included in Level <font>1</font>; and</font></p>
<p style="margin: 0pt 0pt 11pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-weight: bold;">Level <font>3</font> -</font> Unobservable data for the asset or liability.</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100.001%; height: 222px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;" colspan="4">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> Carrying amount </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;" colspan="4">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Fair value</font><br></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 8pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Level <font>2</font> </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Derivatives: </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 51%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; Non-Deliverable Forward - NDF </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 2%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>17</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>1,321</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; Call and put option term </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>403</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,124</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>403</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,124</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; Interest rate swap </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>25</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>25</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font> - </font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>361</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,445</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font>361</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>3,445</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-derivatives </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; Lease liabilities </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>81,888</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>75,228</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>87,662</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>93,242</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;">)</td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; Loans and borrowings </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>788,709</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>89,230</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>974,942</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> (<font>111,779</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px;">)</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; border-bottom: 1px solid #000000; height: 17px; vertical-align: middle;" valign="middle">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>870,597</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 1px solid #000000; height: 17px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>164,458</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 1px solid #000000; height: 17px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>1,062,604</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 1px solid #000000; height: 17px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>205,021</font> </font></p>
</td>
<td style="padding: 0px; height: 17px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 18px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 18px;"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>870,236</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>161,013</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle">
<p style="font-size: 8pt; line-height: 108%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>1,062,243</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><br></td>
<td style="padding: 0px; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<font>201,576</font> </font></p>
</td>
<td style="padding: 0px; background-color: #cceeff; height: 18px; vertical-align: middle;" valign="middle"><font style="font-weight: bold;">)</font></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>79</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 1.4pt; orphans: 0; text-align: justify; text-indent: -1.4pt; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Cash and cash equivalents, financial investments, trade receivables, accounts payable for business combination and suppliers and other payables were not included in the table above. The Group understands that these financial instruments have no classification, as the carrying amount of these items is a reasonable approximation of fair value.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>29</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Related parties</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Transactions with key management personnel</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group paid R$<font>11,096</font> as of December 31, 2021 (R$<font>9,519</font> as of December 31, 2020) as direct compensation to key management personnel. These amounts correspond to the executive board compensation, related social charges and short-term benefits and are recorded under line &#8220;General and administrative expenses&#8221;.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">In <font>2020</font>, the amount of R$<font>43,354</font> was paid to the key management personnel, due to the cancellation of the Group's stock option plan as disclosed in note <font>21</font>.c. The remaining amount, of R$<font>628</font>, was approved and paid in July 2021.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The executive officers also participate in the Group's stock option program (see note <font>21</font>). For the year ended on December 31, 2021, R$<font>99</font> (R$<font>22</font> in <font>2020</font>) were recognized in the statement of profit or loss.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group has no additional post-employment obligation, as well as no other long-term benefits, such as premium leave and other severance benefits. The Group also does not offer other benefits in connection with the dismissal of its Senior Management&#8217;s members, in addition to those defined by the Brazilian labor legislation in force.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-align: justify; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>30</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Operating segments</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Operating segments are defined based on business activities that reflect how CODM - Chief Operating Decision Maker reviews financial information for decision.</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The Group's CODM is the Group's Board of Director. The CODM is in charge of the operational decisions of resource allocation and performance evaluation. The CODM considers the whole Group as a single operating and reportable segment, monitoring operations, making decisions on fund allocation and evaluating performance based on a single operating segment. </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The CODM reviews relevant financial data on a consolidated basis for all subsidiaries. CODM makes decisions and regularly evaluates the performance of Group&#8217;s services as a whole in a single operational and reportable segment.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes net revenues by geographic region:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; height: 98px; width: 99.9596%;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> NAE (North America and Europe) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;699,878</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">471,763</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 77%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">North America</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%; text-align: right;">684,558</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10%;">
<p style="margin: 0pt; text-align: right;">451,999</p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Europe</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; text-align: right;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">15,320</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;">19,764</p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> LATAM (Latin America) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; text-align: right;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">694,334</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp; 435,987</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> APJ (Asia, Pacific and Japan) </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom: 1pt solid #000000; text-align: right;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">50,168</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;48,769</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total (Note 23)</font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000; text-align: right;"><font style="font-weight: bold;">1,444,380</font></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; border-bottom: 2.8pt double #000000;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><font style="border-left: none; border-right: none;">956,519</font></font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; 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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>80</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; font-variant-ligatures: normal; font-variant-caps: normal; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">CI&amp;T Inc.</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">Consolidated financial statements</font></p>
<p align="right" style="margin: 0cm 0cm 0.0001pt; color: #000000; 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; text-align: right; font-size: 9pt; font-family: 'Times New Roman', 'serif'; font-style: italic;"><font lang="EN-US" style="font-size: 10pt; font-family: 'times new roman', times;">December 31, 2021</font></p>
<p style="margin: 0pt; orphans: 0; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Net revenues by geographic area were determined based on the country where the sale was made. The net revenue from a single customer represents <font>20</font>% of the Company&#8217;s total net revenues as of December 31, 2021 (<font>20</font>% as of December 31, 2020).</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">Revenue </font><font style="font-style: italic; font-weight: bold;">b</font><font style="font-style: italic; font-weight: bold;">y </font><font style="font-style: italic; font-weight: bold;">c</font><font style="font-style: italic; font-weight: bold;">lient </font><font style="font-style: italic; font-weight: bold;">c</font><font style="font-style: italic; font-weight: bold;">oncentration</font></font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The following table sets forth net revenue contributed by the top client, and top <font>ten</font> clients for the periods indicated:</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 1pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>
<tr style="height: 1pt; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 77%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Top client </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>283,311</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 10%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>190,599</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 1pt;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Top <font>10</font> clients </font></p>
</td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>913,890</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;"><br></td>
<td style="padding: 0px; vertical-align: top;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>644,722</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">Geographic information of the </font><font style="font-style: italic; font-weight: bold;">Group's </font><font style="font-style: italic; font-weight: bold;">non-current assets</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">The table below summarizes non-current assets, except deferred taxes, based on assets geographic location:</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<div>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 142px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.8663%;">
<p style="margin: 0pt;"><font style="color: #ffffff; font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> . </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2021 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1px solid #000000; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;"> December 31, 2020 </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 76.8663%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Brazil </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 10.0082%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>837,362</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 0.984413%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 1.06645%; background-color: #cceeff; height: 17px;"><br></td>
<td style="padding: 0px; vertical-align: top; width: 9.92617%; background-color: #cceeff; height: 17px;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>97,887</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; width: 1.06645%; background-color: #cceeff; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.8663%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Abroad: </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10.0082%;">
<p style="margin: 0pt;"><font style="color: #31869b; font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 10px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> United States of America </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>38,417</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>36,010</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Japan </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>176</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>398</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 17px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> China </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>2,239</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>776</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Canada </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>284</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>196</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 17px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 10px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Portugal </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>387</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> -&nbsp;&nbsp; </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 76.8663%;">
<p style="margin: 0pt; text-indent: 10pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal;"> Other countries </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1pt solid #000000; height: 10px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>82</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 1pt solid #000000; height: 10px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"> <font>111</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; height: 10px; width: 1.06645%;"><br></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 10px; width: 76.8663%;">
<p style="margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </font></p>
</td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 10px; width: 10.0082%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>878,947</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 0.984413%;"><br></td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
<td style="padding: 0px; vertical-align: top; border-bottom: 2.8pt double #000000; background-color: #cceeff; height: 10px; width: 9.92617%;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> <font>135,378</font> </font></p>
</td>
<td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 10px; width: 1.06645%;"><br></td>
</tr>

</table>
</div>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 0pt 32pt; text-indent: -32pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: normal; font-weight: bold;"><font>31</font></font><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-weight: bold;">Subsequent events</font></font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font style="font-style: italic; font-weight: bold;">Business combination</font><font style="font-style: italic; font-weight: bold;"> &#8211; Somo acqui</font><font style="font-style: italic; font-weight: bold;">sition</font></font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On January 14, 2022, the Company signed a Sale and Purchase Agreement (&#8220;Agreement&#8221;) to acquire Somo Global Ltd ("Somo"), a digital product agency headquartered in the UK, to accelerate its growth in EMEA (Europe, Midle East and Africa).</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">On January 27, 2022, the Company announced the completion of the Somo&#8217;s acquisition. According to the Agreement signed, the purchase price for the acquisition was R$ <font>341</font> million (US$<font>63</font> million) paid in cash and <font>225,649</font> Class A common shares that were issued in connection with the transaction. The final purchase price is subject to adjustments, such as changes in working capital and net debt position. The Agreement also contemplates an earn-out clause of up to R$ <font>70</font> million (US$<font>13</font> million) based on future performance.</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><font style="font-family: 'times new roman', times; font-size: 10pt;">With this acquisition, CI&amp;T will accelerate its growth in EMEA. With offices in the UK, USA and Colombia, Somo delivers digital ambitions at pace and scale across several verticals including automotive, financial services, utilities and telecom.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>81</font></font></td>
</tr>

</table>
</div>
<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;"><a href="#TOC">Table of Contents</a></div>
</div>
</div>
</div><div style="font-family: &quot;times new roman&quot;, times; font-size: 10pt; margin: 0pt 0pt 10pt; text-indent: 0pt;">
<div style="margin: 0pt; text-align: center;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#TOC" name="Bsasasacvbvb_9P41ENNB0000000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font><font style="color: #333333; font-family: Times; font-size: 10pt; font-variant: small-caps; font-weight: bold;">Unaudited Pro forma Condensed</font><font style="color: #333333; font-family: Times; font-size: 10pt; font-variant: small-caps; font-weight: bold;"> </font><font style="color: #333333; font-family: Times; font-size: 10pt; font-variant: small-caps; font-weight: bold;">Financial Information</font></a></div>
<p style="margin: 10pt 0pt; text-align: justify; text-indent: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Set forth below are (1) our unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and (</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">) our unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss for the year ended December 31, 2020.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021 is based on (a) the audited consolidated statements of profit or loss of CI&amp;T Brazil for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021; and (b) the unaudited</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">fi</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">nancial information of Dextra </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tecnologia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> for the period from January 1, 2021 to </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">August 9, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> gives effect on a </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> basis to the Dextra Acquisition as if it had been consummated on January 1, 2021. </font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss for the year December 31, 2020 is based on (a) the audited consolidated statements of profit or loss of CI&amp;T B</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">razil for the year ended December 31, 2020</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and (b) the audited combined carve-out statements of profit or loss of Dextra </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tecnologia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> for the year ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December 31, 2020 and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> gives effect on a </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> basis to the De</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">xtra Acquisition as if it had been consummated on January 1, 2020.</font></p>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information included herein was prepared using the acquisition method of accounting in accordance with IFRS 3 &#8211; Business Combination (IFRS 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">) and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> considering the amendments of Article 11 of Regulation S-X which became effective on January 1, 2021. The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information included herein are not necessarily indicative of statements of profit or loss would have been if the Dextra Acquisition had been completed as of the dates indicated, nor do they purport to project the future or operating results of the combined company. The actual results of operations may differ significantly from the </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> amounts reflected herein due to a variety of factors. The </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> financial information is presented for illustrative purposes only and does not reflect the costs of any integration activities or cost savings or synergies that may be achieved </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">as a result of</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> the Dextra Acquisition.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information gives </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> effect to the Dextra Acquisition to be accounted for under the acquisition method of accounting in accordance with the IFRS 3, in which CI&amp;T Brazil is treated as the acquirer for financial reporting </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">purposes and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> shall record assets acquired and liabilities assumed at their respective acquisition date fair values. The excess of the total consideration transferred over the estimated fair values of the net assets acquired, if applicable, is recorded as goodwill. </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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>82</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<h2 style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CI&amp;T Brazil Unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> condensed statements of profit or loss for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(In thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Reais</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> - R$, except earnings per share)</font></h2>
<table cellspacing="0" cellpadding="0" style="height: 247px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; width: 26.9451%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Actual CI&amp;T Brazil</font><font style="font-weight: bold;"> (1)</font><font style="font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.2285%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 2.0475%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Dextra Tecnologia</font><font style="font-weight: bold;"> (2)</font><font style="font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.3104%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.9656%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Transaction Accounting Adjustments </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.3104%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 1.9656%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 8pt; font-weight: bold;">Note</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; width: 2.0475%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">Total CI&amp;T </font><font style="font-weight: bold;">Brazil</font><font style="font-weight: bold;"> </font><font style="font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-style: italic; font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; width: 1.3104%;"><br></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; width: 26.9451%; vertical-align: bottom; background-color: #cceeff;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Net revenue</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 11.9574%; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">1,444,380</font></p>
</td>
<td style="padding: 0px; width: 1.2285%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.0475%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 11.9574%; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">172,959</font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 1.9656%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; width: 11.9574%; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 1.9656%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 11.9574%; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 2.0475%; height: 14px; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; width: 11.9574%; border-bottom-width: 1px; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">1,617,339 </font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 14px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; width: 26.9451%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Costs of services provided</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>935,732</font></font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>103,207</font></font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>1,038,939</font></font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 16px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Gross profit</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">508</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">6</font><font style="font-weight: bold;">4</font><font style="font-weight: bold;">8</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">69,752</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">-</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">578</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">4</font><font style="font-weight: bold;">0</font><font style="font-weight: bold;">0</font></font></p>
</td>
<td style="padding: 0px; height: 16px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Selling expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>89,654</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>1,021</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>90,675</font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 15px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>151,681</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><font>(20,010</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>14,927</font></font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3 (a)</font></p>
</td>
<td style="padding: 0px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 15px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>186,618</font></font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Research and technological innovation expenses</font></p>
</td>
<td style="padding: 0px 0px 1.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>4</font></font></p>
</td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>4</font></font></p>
</td>
<td style="padding: 0px 0px 0.5px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px 0px 1.5px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>497</font></font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">92</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 1.5px; height: 10px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>405</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 10px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Other income (expenses) net</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>22,206</font></font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>884</font></font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 10px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 10px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>23,090</font></font></p>
</td>
<td style="padding: 0px; height: 10px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 16px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Operating profit before financial income</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">244</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">60</font><font style="font-weight: bold;">6</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">47,929</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font style="border-right: none; border-left: none;"><font style="font-weight: bold;"><font>1</font></font><font style="font-weight: bold;">4</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">927</font></font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">27</font><font style="font-weight: bold;">7</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">60</font><font style="font-weight: bold;">8</font></font></p>
</td>
<td style="padding: 0px; height: 16px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Finance income</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">69,816</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">224</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">70,040</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Finance cost</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>104,048</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>1,852</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>28,794</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3 (b)</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>134,694</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 16px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Net finance costs</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 16px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>34,232</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>1,628</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>28,794</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>64,654</font></font></p>
</td>
<td style="padding: 0px; height: 16px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 16px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Profit before Income tax</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">210</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">3</font><font style="font-weight: bold;">7</font><font style="font-weight: bold;">4</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,301</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>4</font>3</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">721</font></font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">21</font><font style="font-weight: bold;">2</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">9</font><font style="font-weight: bold;">5</font><font style="font-weight: bold;">4</font></font></p>
</td>
<td style="padding: 0px; height: 16px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt;">Income tax</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>84,417</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>14,358</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">14,865</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3(c)</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>83,910</font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 16px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 16px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Net profit for the period</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">12</font><font style="font-weight: bold;">5</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">95</font><font style="font-weight: bold;">7</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">3</font><font style="font-weight: bold;">1</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">943</font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>2</font></font><font style="font-weight: bold;">8</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">856</font></font></font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 16px; border-bottom-width: 1px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 16px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">12</font><font style="font-weight: bold;">9</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">04</font><font style="font-weight: bold;">4</font></font></p>
</td>
<td style="padding: 0px; height: 16px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Earnings per share &#8211; basic (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">.</font><font style="font-weight: bold;">030</font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">2.3(e)</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">.</font><font style="font-weight: bold;">060</font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 14px; vertical-align: bottom; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Earnings per share &#8211; diluted (in R$)</font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">.</font><font style="font-weight: bold;">010</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">2.3(e)</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px 0px 0.5px; height: 14px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">.</font><font style="font-weight: bold;">0</font><font style="font-weight: bold;">30</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="vertical-align: top; width: 4%;" valign="top"><br></td>
<td style="vertical-align: top; width: 3%;" valign="top"><font style="font-size: 8pt;">(1)</font></td>
<td style="vertical-align: top; width: 93%;" valign="top"><font style="font-size: 8pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">Represents the historical&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">audited&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">consolidated&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">statement of profit or loss&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">for&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">the year</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;ended&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">December</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">3</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">1</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">, 2021.</font></font></td>
</tr>
<tr>
<td style="vertical-align: top;" valign="top"><br></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 8pt;">(2)</font></td>
<td style="vertical-align: top;" valign="top"><font style="font-size: 8pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">Re</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">presents</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;the historical&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">unaudited&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">statement of profit or loss for the period from January</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">1,&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">2021</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;to August</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">9, 2021</font><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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></font></td>
</tr>

</table>
<p><font style="font-family: 'Times New Roman'; font-size: 10pt;"><br></font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The accompanying notes are an integral part of the unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>83</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<h2 style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">CI&amp;T Brazil Unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> condensed statements of profit or loss for the year ended December 31, 2020 (In thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Reais</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> - R$, except earnings per share)</font></h2>
<table cellspacing="0" cellpadding="0" style="height: 257px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 25px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; width: 26.9451%;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 11.9574%;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Actual CI&amp;T Brazil</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; border-bottom-width: 1px; width: 1.2285%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; border-bottom-width: 1px; width: 2.0475%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 11.9574%;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Actual Dextra </font><font style="font-family: 'Times New Roman'; font-weight: bold;">Tecnologia</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; border-bottom-width: 1px; width: 1.9656%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 11.9574%;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Transaction Accounting Adjustments </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; border-bottom-width: 1px; width: 1.9656%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 11.9574%;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Note</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; border-bottom-width: 1px; width: 2.0475%;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 25px; vertical-align: bottom; border-bottom: 1px solid #000000; width: 11.9574%;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Total CI&amp;T </font><font style="font-family: 'Times New Roman'; font-weight: bold;">Brazil</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 25px; width: 1.3104%;"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 26.9451%; background-color: #cceeff;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Net revenue</font></p>
</td>
<td style="padding: 0px; height: 13px; width: 11.9574%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">956,519</font></p>
</td>
<td style="padding: 0px; width: 1.2285%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 2.0475%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; width: 11.9574%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">204,036</font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 1.9656%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; width: 11.9574%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; width: 1.9656%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; width: 11.9574%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; width: 2.0475%; height: 13px; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; width: 11.9574%; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,160,555</font></p>
</td>
<td style="padding: 0px; width: 1.3104%; height: 13px; background-color: #cceeff; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Costs of services provided</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>600,866</font></font></p>
</td>
<td style="padding: 0px 0px 1px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>116,835</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>717,701</font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Gross profit</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">355,653</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">87,201</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">442,854</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Selling expenses</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>65,093</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>1,504</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>66,597</font></font></p>
</td>
<td style="padding: 0px; height: 13px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>81,161</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>34,033</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>28,887</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3 (a)/(d)</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>144,081</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Research and technological innovation expenses</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>3,462</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>43</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>3,505</font></font></p>
</td>
<td style="padding: 0px; height: 13px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Impairment loss on trade receivables and contract assets</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>196</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>62</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>258</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Other income (expenses) net</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,503</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">213</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">-</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2,716</font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Operating profit before financial income</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">208,244</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">51,772</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>2</font></font><font style="font-weight: bold;">8</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">887</font></font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">2</font><font style="font-weight: bold;">3</font><font style="font-weight: bold;">1</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">129</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Finance income</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">47,808</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">1,367</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">-</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">49,175</font></p>
</td>
<td style="padding: 0px; height: 13px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Finance cost</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>63,261</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>2,102</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>42,637</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3 (b)</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>108,000</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net finance costs</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>15,453</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">(<font>735</font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>4</font></font><font style="font-weight: bold;">2</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">637</font></font></font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>5</font>8</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">825</font></font></font></p>
</td>
<td style="padding: 0px; height: 14px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Profit before Income tax</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">192,791</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">51,037</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font><font style="font-weight: bold;"><font>7</font></font><font style="font-weight: bold;">1</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">52</font><font style="font-weight: bold;">3</font></font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">72</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">304</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income tax</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>65,137</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">(<font>16,883</font></font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">24,318</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">2.3(c)</font></p>
</td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">(<font>5</font>7,702</font></p>
</td>
<td style="padding: 0px; height: 13px; width: 1.3104%; vertical-align: bottom;" valign="bottom">)</td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Net profit for the period</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">127,654</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">34,154</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">(</font><font style="font-weight: bold;"><font>4</font>7</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">206</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom-width: 1px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; border-bottom: 1px solid #000000; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">11</font><font style="font-weight: bold;">4</font><font style="font-weight: bold;">,</font><font style="font-weight: bold;">602</font></font></p>
</td>
<td style="padding: 0px; height: 14px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Earnings per share &#8211; basic (in R$)</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1</font><font style="font-weight: bold;">.</font><font style="font-weight: bold;">0</font><font style="font-weight: bold;">60</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">2.3(e)</font></p>
</td>
<td style="padding: 0px; height: 15px; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">0.</font><font style="font-weight: bold;">9</font><font style="font-weight: bold;">6</font><font style="font-weight: bold;">0</font></font></p>
</td>
<td style="padding: 0px; height: 15px; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; background-color: #cceeff; width: 26.9451%;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Earnings per share &#8211; diluted (in R$)</font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">1.</font><font style="font-weight: bold;">0</font><font style="font-weight: bold;">40</font></font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.2285%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'times new roman', times; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.9656%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;">2.3(e)</font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 2.0475%; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 11.9574%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-weight: bold;">0.</font><font style="font-weight: bold;">930</font></font></p>
</td>
<td style="padding: 0px; height: 15px; background-color: #cceeff; width: 1.3104%; vertical-align: bottom;" valign="bottom"><br></td>
</tr>

</table>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The accompanying notes are an integral part of the unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>84</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<h2 style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">1. Basis of Presentation of the Unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Condensed Financial Information</font></h2>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> is based on the audited consolidated statements of profit or loss of CI&amp;T Brazil for the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021, and the unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">financial </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">information</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> of Dextra </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tecnologia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">for the period from January 1, 2021 to </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">August 9, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> gives effect on a </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> basis to the Dextra Acquisition as if it had been consummated on January 1, 2021. </font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed statements of profit or loss as of December 31, 2020 is based on the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">audited </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">consolidated statements of profit or loss of CI&amp;T Brazil for the year ended December 31, 2020, which is included in this prospectus, and on the audited combined carve-out statements of profit or loss of Dextra </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tecnologia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> for the year ended December 31, 2020 and gives effect on a </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> basis to the Dextra Acquisition as if it had been consummated on January 1, 2020.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The unaudited </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> condensed financial information was prepared using the acquisition method of accounting in accordance with IFRS 3 &#8211; Business Combinations. IFRS 3 requires, among other things, that assets </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">acquired,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and liabilities assumed shall be recognized at their fair values as of their respective acquisition dates. The excess of the consideration transferred over the estimated fair values of the net assets acquired, if applicable, will be recorded as goodwill. Fair value measurements can be highly </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">subjective,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and it is possible that other professionals, applying reasonable judgment to the same facts and circumstances, could develop and support a range of alternative estimated amounts.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Acquisition costs related to the Dextra Acquisition (i.e., advisory, legal, valuation, and other professional fees) are not included as a component of the consideration transferred but are accounted for as expenses in the periods in which the costs are incurred. The unaudited pro forma condensed financial information does not reflect any cost savings, operating </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">synergies</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> or revenue enhancements that CI&amp;T Brazil may achieve as a result of the Dextra Acquisition or the costs to integrate our operations. </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">All</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> these transaction costs related to the Dextra Acquisition have been recognized as expenses in statements of profit or loss, and additional pro forma adjustments were recognized related to additional transaction costs expected to be incurred by management.</font></p>
<h2 style="margin: 0pt 0pt 10pt; page-break-after: avoid;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2. </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Assumptions</font></h2>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The <font style="font-style: italic;">pro forma</font> information presented, including allocation of the consideration transferred, is based </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">on the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">estimates of the fair value of the assets acquired and liabilities assumed, available information as of this date and management assumptions</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
<h2 style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.1 Consideration Transferred/Expected to be Transferred </font></h2>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">On June 26, 2021, CI&amp;T Brazil entered into a share purchase agreement (the &#8220;Share Purchase Agreement&#8221;) with Prime </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sistemas</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Fundo de </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investimentos</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">em</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Participa&#231;&#245;es</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Multiestrat&#233;gia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Investimento</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> no Exterior (the &#8220;Seller&#8221;), as seller, Prime </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Sistemas</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> de </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Atendimento</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ao</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Consumidor</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> Ltda., as guarantor, and certain other intervening parties, for the purchase of the entire share capital of Dextra Holdings and its subsidiaries for R$</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">800,000 thousand, subject to certain purchase price adjustments for debt, cash and working capital amounts</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">which</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">is currently in discussion w</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">ith the acquiree</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">. The Dextra Acquisition received regulatory approval from the Brazilian antitrust authority (</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Conselho</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Administrativo</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> de </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Defesa</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">Econ&#244;mica</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, or &#8220;CADE&#8221;) on July 22, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and closed on August 10, 2021.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> CI&amp;T Brazil has assumed Dextra&#8217;s control on August 10, 2021.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">At closing, CI&amp;T Brazil paid the Seller R$650,000 thousand. The balance of R$1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">03</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">573</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> thousand (the &#8220;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Account payable for business combination</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&#8221;), shall become due on the first anniversary of the closing date</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and the balance of R$ 30,000</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, less amounts withheld to cover future indemnity payments, shall become due </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">in five </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">installments starting on the second anniversary </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">of the closing date</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, subject to any purchase price adjustments as set forth in the Share Purchase Agreement, including adjustments based on the Brazilian Interbank </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Deposit Rate (&#8220;CDI&#8221;)</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">In addition, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">as our initial </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">public offering closed</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">as of November 10, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">0</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">21</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">the account payable for business combination</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> in the amount of R$50,000 thousand</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">plus the adjustment of R$</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">938 based on CDI</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">was</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">paid on December </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
<h2 style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.2 Fair value of assets and liabilities</font></h2>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">We performed a valuation analysis</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">of the fair value of Dextra </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">Tecnologia</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> assets acquired and liabilities assumed</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> as of August 10, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>85</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p><br></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The fair value of assets </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">acquired,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and liabilities assumed is based upon </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">available information as of this date and management assumptions</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">.</font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following table summarizes the fair value of assets acquired and the liabilities assumed</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> as of August 10, 2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">:</font></p>
<table cellspacing="0" cellpadding="0" style="height: 177px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 13.9002%; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">In thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">reais</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">Cash consideration</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">650,000</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 14px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">Account payable for business combination</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 13.9002%; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">33</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">573</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 14px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total consideration</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 14px; width: 13.9002%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">783</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">573</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-size: 10pt;"><font style="color: #333333; font-family: 'Times New Roman';">Fair value of net assets </font><font style="color: #333333; font-family: 'Times New Roman';">acquired,</font><font style="color: #333333; font-family: 'Times New Roman';"> and liabilities assumed, for which book value approximates to fair value (other than intangible assets)</font></font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">41</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">6</font><font style="font-family: 'Times New Roman';">70</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">Fair value of intangible assets</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">(-) Customer relationship</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">961</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">(-) Non-compete agreement</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">15,</font><font style="font-family: 'Times New Roman';">086</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">(-) Brand</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">2</font><font style="font-family: 'Times New Roman';">0</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">501</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt;">(-) Intangible in progress</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 13px; width: 13.9002%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">21,634</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>
<tr style="height: 15px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; width: 84.7097%; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(-) Total intangible fair value </font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 13.9002%; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">146,182</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; width: 1.30826%;"><br></td>
</tr>
<tr style="height: 15px; background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; width: 84.7097%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt;"><font style="color: #333333; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Goodwill</font></p>
</td>
<td style="padding: 0px; vertical-align: bottom; height: 15px; width: 13.9002%; border-bottom: 1px solid #000000; background-color: #cceeff;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">595</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">72</font><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 15px; width: 1.30826%; background-color: #cceeff;"><br></td>
</tr>

</table>
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin: 0px; text-indent: 0px;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">2.3 </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Adjustments&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
<p style="margin: 10pt 0pt; text-indent: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">A description of the </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> adjustments is presented below:</font></p>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(a)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Intangible Assets</font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The adjustment on intangible assets is comprised of the following:</font></p>
<table cellspacing="0" cellpadding="0" style="height: 156px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr style="height: 13px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Estimated </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> amortization expense (straight-line method)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 13px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 50px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 50px; border-bottom-width: 1px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Valuation Methodology</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Estimated fair value (in thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">reais</font><font style="font-family: 'Times New Roman'; font-weight: bold;">)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Estimated useful life (Years)</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Seven</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> months</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> an</font><font style="font-family: 'Times New Roman'; font-weight: bold;">d</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> eight days</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> ended (in thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">reais</font><font style="font-family: 'Times New Roman'; font-weight: bold;">) </font><font style="font-family: 'Times New Roman'; font-weight: bold;">August</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">9</font><font style="font-family: 'Times New Roman'; font-weight: bold;">, 2021</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Year ended December 31, 2020 (in thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">reais</font><font style="font-family: 'Times New Roman'; font-weight: bold;">)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 50px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Allocation of </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> amortization expense in the </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> statements of income line item</font></font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 27%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Customer relationship</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 14%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">MPEEM (Multi-Period Excess Earnings)</font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 2%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 8%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">961</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 2%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 8%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">7</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">4</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 2%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 8%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">7</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">279</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 2%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 8%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">12</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">022</font></font></p>
</td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 1%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 2%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 10px; background-color: #cceeff; width: 14%; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Administrative expenses</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Brand</font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Relief from Royalty</font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">2</font><font style="font-family: 'Times New Roman';">0</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">501</font></font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1.</font><font style="font-family: 'Times New Roman';">4</font></font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">866</font></font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">14,</font><font style="font-family: 'Times New Roman';">644</font></font></p>
</td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Administrative expenses</font></p>
</td>
</tr>
<tr style="height: 13px; background-color: #cceeff;">
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Non-compete agreement (NCA)</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">With and </font><font style="font-family: 'Times New Roman';">Without</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">15,0</font><font style="font-family: 'Times New Roman';">86</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">5</font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1,</font><font style="font-family: 'Times New Roman';">827</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">3,</font><font style="font-family: 'Times New Roman';">017</font></font></p>
</td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 13px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">Administrative expenses</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; color: #000000;">Total</font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-weight: bold;">24</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">548</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-weight: bold;">7</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">972</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">29</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">683</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 27px; background-color: #cceeff;">
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Intangible assets recorded in Dextra </font><font style="font-family: 'Times New Roman'; font-weight: bold;">Tecnologia&#8217;s</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">on </font><font style="font-family: 'Times New Roman'; font-weight: bold;">August</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">9</font><font style="font-family: 'Times New Roman'; font-weight: bold;">, 2021</font></font></p>
</td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">(</font><font><font style="font-family: 'Times New Roman'; font-weight: bold;">56</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">495</font></font></font></p>
</td>
<td style="padding: 0px 0px 2px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><font style="font-weight: bold;">)</font></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">(</font><font style="font-family: 'Times New Roman'; font-weight: bold;">3</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">045</font></font></p>
</td>
<td style="padding: 0px 0px 2px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; 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; float: none; display: inline !important;">)</font></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; color: #000000;">(5,348</font></p>
</td>
<td style="padding: 0px 0px 2px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><font style="color: #000000; font-family: 'times new roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; 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; float: none; display: inline !important;">)</font><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 27px; background-color: #cceeff; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Administrative expenses</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Total </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">pro forma</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> impact</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">68</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">0</font><font style="font-family: 'Times New Roman'; font-weight: bold;">53</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-weight: bold;">4</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">927</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; padding-bottom: 1pt; text-align: right;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">2</font><font style="font-family: 'Times New Roman'; font-weight: bold;">4</font><font style="font-family: 'Times New Roman'; font-weight: bold;">,</font><font style="font-family: 'Times New Roman'; font-weight: bold;">335</font></font></p>
</td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding: 0px; height: 15px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 1pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The MPEEM methodology (Multi Period Excess Earnings Method) is mostly used to measure the value of primary assets or the most important assets of a company. According to that method, in determining fair values, the cash flows attributable to all other assets are subtracted through a contributory asset charge (CAC). The MPEEM method assumes that the fair value of an intangible asset is the same as the present value of the cash flows attributable to that asset, less the contribution of other assets, both tangible and intangible.</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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>86</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p><br></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The &#8220;With and Without&#8221; methodology was based on the effects that an engagement of vendors in competition would have on the Company&#8217;s revenues and cash flows.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The &#8220;Relief from Royalty&#8221; methodology estimates the value of the asset based on the hypothetical royalty payments that would be saved by the asset holder compared to what would be paid for the licensing of said asset owned by third parties, considering its useful life (or for the duration of a license agreement).</font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The following are the significant underlying assumptions used in determining the fair value estimate:</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 178px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px;">
<p style="font-size: 10pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Customer relationship</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Non-competition agreement</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Brand</font></p>
</td>
</tr>
<tr style="height: 26px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 21%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Revenue</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 25%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; line-height: inherit;">Revenue projections were based on the business plan revenue growth rate and estimated attrition.</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 2%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 25%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Not applicable</font><font style="font-family: 'Times New Roman';">.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 2%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; width: 25%; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Not applicable</font><font style="font-family: 'Times New Roman';">.</font></font></p>
</td>
</tr>
<tr style="height: 26px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Attrition rate</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000; line-height: inherit;"><font style="font-family: 'Times New Roman'; line-height: inherit;">The estimated attrition rate is 1</font><font style="font-family: 'Times New Roman'; line-height: inherit;">5</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font><font style="font-family: 'Times New Roman'; line-height: inherit;">4</font><font style="font-family: 'Times New Roman'; line-height: inherit;">% and it was based on a churn rate</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Not applicable</font><font style="font-family: 'Times New Roman';">.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 26px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000; line-height: inherit;"><font style="font-family: 'Times New Roman'; line-height: inherit;">The estimated attrition rate is 5.</font><font style="font-family: 'Times New Roman'; line-height: inherit;">1</font><font style="font-family: 'Times New Roman'; line-height: inherit;">% and it was based on a royalty approach</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font></font></p>
</td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Useful Life</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Useful life for the intangible asset is </font><font style="font-family: 'Times New Roman';">7</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">4</font><font style="font-family: 'Times New Roman';"> years.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Useful life for the intangible asset is 5 years.</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Useful life for the intangible asset is 1.</font><font style="font-family: 'Times New Roman';">4</font><font style="font-family: 'Times New Roman';"> years.</font></font></p>
</td>
</tr>
<tr style="height: 53px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Tax Amortization Benefit (TAB)</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; line-height: inherit;">TAB was calculated according to the Target&#8217;s projected effective tax rate of 34% and an amortization period equivalent to asset&#8217;s remaining useful life.</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; line-height: inherit;">TAB was calculated according to the Target&#8217;s projected effective tax rate of 34% and an amortization period equivalent to asset&#8217;s remaining useful life. </font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 53px; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; line-height: inherit;">TAB was calculated according to the Target&#8217;s projected effective tax rate of 34% and an amortization period equivalent to asset&#8217;s remaining useful life.</font></p>
</td>
</tr>
<tr style="height: 39px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Discount rate</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000; line-height: inherit;"><font style="font-family: 'Times New Roman'; line-height: inherit;">The discount rate was equivalent to company&#8217;s WACC plus spread, resulting in an after-tax rate of 12.</font><font style="font-family: 'Times New Roman'; line-height: inherit;">3</font><font style="font-family: 'Times New Roman'; line-height: inherit;">6%</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000; line-height: inherit;"><font style="font-family: 'Times New Roman'; line-height: inherit;">The discount rate was equivalent to company&#8217;s WACC plus spread, resulting in an after-tax rate of 12.</font><font style="font-family: 'Times New Roman'; line-height: inherit;">3</font><font style="font-family: 'Times New Roman'; line-height: inherit;">6%</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 39px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 1.3; margin: 0pt; text-align: justify;"><font style="font-size: 10pt; color: #000000; line-height: inherit;"><font style="font-family: 'Times New Roman'; line-height: inherit;">The discount rate was equivalent to company&#8217;s WACC plus spread, resulting in an after-tax rate of 12.</font><font style="font-family: 'Times New Roman'; line-height: inherit;">36</font><font style="font-family: 'Times New Roman'; line-height: inherit;">%</font><font style="font-family: 'Times New Roman'; line-height: inherit;">.</font></font></p>
</td>
</tr>

</table>
<p style="margin: 0pt; line-height: 1.3;"><font style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(b)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Debt issuance</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The Company entered into loan agreements in Brazil in the amount of R$652,100 thousand aiming to raise funding for the acquisition of Dextra Holdings. Those loans mature in July 2026, and are indexed to fixed and variable rates as follows:</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Amount (in thousands of Brazilian </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">reais</font><font style="font-family: 'Times New Roman'; font-weight: bold;">)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Payment flow</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt; padding-bottom: 1pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Index factor</font></p>
</td>
</tr>
<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 32%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">300,000</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 2%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 32%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quarterly</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 2%;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 32%;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1.75% + 100% CDI</font></p>
</td>
</tr>
<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">200,000</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Quarterly</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1.60% + 100% CDI</font></p>
</td>
</tr>
<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">152,100</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Annually</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">2.07% + 100% Libor</font></p>
</td>
</tr>

</table>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The table below presents </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> adjustment related to debt issuance and interest expenses for each of the periods presented:</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 44px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9346%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: center; height: 17px; width: 39.9836%; border-bottom: 1px solid #000000;" colspan="5"><font style="color: #000000;"><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">F</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">or the&nbsp;</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">year ended</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&nbsp;</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">December</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">&nbsp;3</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">1</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">,&nbsp;</font><font style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; 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; font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">2021</font></font><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 59.9346%; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Actual CI&amp;T Brazil </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 11.9379%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Transaction Accounting Adjustments </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 2.04415%; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; height: 17px; vertical-align: bottom; width: 12.0196%; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Total CI&amp;T </font><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Brazil</font><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-size: 8pt; font-style: italic; font-weight: bold;">Pro Forma</font></font></p>
</td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; background-color: #cceeff; width: 59.9346%; border-bottom-width: 1px;">
<p style="margin: 0pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Interest</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">expense</font><font style="font-family: 'Times New Roman';">*</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">23</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">422</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 2.04415%; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 11.9379%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">2</font><font style="font-family: 'Times New Roman';">8</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">794</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; background-color: #cceeff; height: 10px; width: 2.04415%; border-bottom-width: 1px;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; background-color: #cceeff; width: 12.0196%; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">52</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">216</font></font></p>
</td>
</tr>

</table>
<p style="text-indent: -18pt; font-size: 8pt;"><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 27px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 17px; width: 59.9346%; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; text-align: center; height: 17px; width: 39.9836%; border-bottom: 1px solid #000000;" colspan="5"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 8pt; 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;">For the year ended December 31, 2020</font></td>
</tr>
<tr style="height: 10px; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; height: 10px; width: 59.9346%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">Interest</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">expense</font><font style="font-family: 'Times New Roman';">*</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 11.9379%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">10</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">304</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 2.04415%; border-bottom-width: 1px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 11.9379%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">4</font><font style="font-family: 'Times New Roman';">2</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">637</font><font style="font-family: 'Times New Roman';">&nbsp;</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 2.04415%; border-bottom-width: 1px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; height: 10px; width: 12.0196%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">5</font><font style="font-family: 'Times New Roman';">2</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">941</font></font></p>
</td>
</tr>

</table>
<p><br></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2.73917%; padding: 0px; vertical-align: top;" valign="top"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10.6667px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">*</font></td>
<td style="width: 97.2608%; padding: 0px; vertical-align: top;" valign="top"><font style="font-size: 8pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">Represents the net increase to interest expense resulting from estimated interest on the new debt to finance the acquisition of&nbsp;</font>Dextra<font style="color: #000000; font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;Holdings.</font></font></td>
</tr>

</table>
<p style="margin: 0pt 0pt 3pt 18pt; page-break-inside: avoid; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt;">&nbsp; &nbsp; &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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>87</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(c)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Income Taxes </font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Income taxes on </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> adjustments were calculated using the statutory income tax rate in Brazil (34%), depending on where </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;">pro forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> adjustments are reasonably expected to occur. The effective tax rate applicable to us could be </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">significantly different (either higher or lower) depending on post-acquisition activities, including repatriation decisions, cash needs and the actual geographical mix of income.</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">The current tax law allows the deductibility of the fair value of net assets acquired when a non-substantive action is taken after acquisition by the Company and therefore the tax and accounting basis of the net assets acquired are the same as of the acquisition date. In this regard, CI&amp;T Brazil considers that actions to complete the merger of the acquiree are non-substantive so that the Company expects to be entitled to the deductibility of the amortization of intangible assets acquired and, therefore, no deferred income taxes were recorded for intangible assets identified at the acquisition date. </font></p>
<p style="margin: 0pt 0pt 10pt 9pt; text-indent: -9pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(d)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Transactions</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> cost</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">For the </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">year</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> ended </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">December</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 3</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">1</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">2021</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> the amount incurred by CI&amp;T Brazil was R$</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> 2,</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">774</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> thousand. In addition, CI&amp;T Brazil </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">did not </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">expect</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> to incur in </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">any additional </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">future transaction costs.</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%;" width="100%">

<tr style="height: 3.5pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Actual CI&amp;T Brazil</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> (1)</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Dextra Tecnologia</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">(</font><font style="font-family: 'Times New Roman'; font-weight: bold;">2</font><font style="font-family: 'Times New Roman'; font-weight: bold;">)</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Transaction Accounting Adjustments </font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom-width: 1px;" valign="bottom"><br></td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000;" valign="bottom">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Total CI&amp;T </font><font style="font-family: 'Times New Roman'; font-weight: bold;">Brazil</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-style: italic; font-weight: bold;">Pro Forma</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br></td>
</tr>
<tr style="height: 3.5pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; border-bottom: 1px solid #000000;" colspan="7">
<p style="margin: 0pt; text-align: center;"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-weight: bold;">For the year ended December 31, 202</font><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font></font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle;"><br></td>
</tr>
<tr style="height: 3.5pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; width: 44%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 12%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">151</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">681</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 2%; border-bottom-width: 1px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; width: 12%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">20,010</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 2%; border-bottom-width: 1px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; width: 12%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">-</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 2%; border-bottom-width: 1px; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; width: 12%; border-bottom-width: 1px; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">171</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">691</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 2%; background-color: #cceeff;"><br></td>
</tr>

</table>
<p style="text-indent: -18pt; font-size: 8pt;"><br></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 99.9987%;" width="100%">

<tr style="height: 3.5pt;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: top; border-bottom-width: 1px;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">&nbsp;</font></p>
</td>
<td colspan="7" style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="margin: 0pt; text-align: center;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">For the year ended December 31, 2020</font></p>
</td>
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: bottom;"><br></td>
</tr>
<tr style="height: 3.5pt; background-color: #cceeff;">
<td style="padding-left: 3.5pt; padding-right: 3.5pt; vertical-align: middle; border-bottom-width: 1px; width: 44%; background-color: #cceeff;">
<p style="margin: 0pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">General and administrative expenses</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">81</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">161</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 2%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 10pt;">34,033</font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 2%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">4</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">552</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 2%; background-color: #cceeff;"><br></td>
<td style="padding: 0px; vertical-align: middle; border-bottom-width: 1px; width: 12%; background-color: #cceeff;">
<p style="margin: 0pt; text-align: right;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman';">11</font><font style="font-family: 'Times New Roman';">9</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">746</font></font></p>
</td>
<td style="padding: 0px; vertical-align: middle; width: 2%; background-color: #cceeff;"><br></td>
</tr>

</table>
<p><br></p>
<table style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 2.4257%; vertical-align: top;" valign="top"><br></td>
<td style="width: 2.75276%; vertical-align: top;" valign="top"><font style="color: #000000; font-size: 8pt;">(1)</font></td>
<td style="width: 94.8214%; vertical-align: top;" valign="top"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">Represents the historical audited consolidated&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">statement of profit or loss&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">for the&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">year</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;ended&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">December</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">3</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">1</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; 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;">, 2021.</font></font></td>
</tr>
<tr>
<td style="width: 2.4257%; vertical-align: top;" valign="top"><br></td>
<td style="width: 2.75276%; vertical-align: top;" valign="top"><font style="color: #000000; font-size: 8pt;">(2)</font></td>
<td style="width: 94.8214%; vertical-align: top;" valign="top"><font style="color: #000000; font-size: 8pt;"><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Represents the historical unaudited statement of profit or loss for the period from January</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">1,&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">2021</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">&nbsp;to August</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: -24px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px;">9, 2021</font></font></td>
</tr>

</table>
<p style="margin: 0pt;"><br></p>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">(e)</font><font style="font: 7.0pt 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Earnings/(loss) per share</font></p>
<p style="margin: 0pt 0pt 10pt; text-align: justify;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Basic loss per share is calculated by dividing the net loss attributable to the owners of the Company by the weighted average of outstanding common shares. Diluted loss per share is calculated by adjusting the weighted average of outstanding common shares, </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">assuming that</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> all potential common shares that would cause dilution are converted. </font></p>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">i</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">. Basic and diluted earnings per share - CI&amp;T Brazil</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 85px;" width="100%">

<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-size: 8pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Year</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> ended </font><font style="font-family: 'Times New Roman'; font-weight: bold;">December</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">3</font><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-weight: bold;">, </font><font style="font-family: 'Times New Roman'; font-weight: bold;">2021</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Year ended December 31, 2020</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Basic</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Diluted</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Basic</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold;">Diluted</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><br></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 52%; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Profit attributable to holders of ordinary shares</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">125</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">957</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">125</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">957</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">127,654</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">127,654</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 2%; height: 17px;"><br></td>
</tr>
<tr style="height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Weighted average number of basic shares held by shareholders</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">121</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">777</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">128</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">125</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">155</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">798</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">119,960,383</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">123,287,891</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><br></td>
</tr>
<tr style="background-color: #cceeff; height: 17px;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-style: italic;">Pro Forma</font><font style="font-family: 'Times New Roman';"> earnings per share (in </font><font style="font-family: 'Times New Roman'; font-style: italic;">reais</font><font style="font-family: 'Times New Roman';">)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">03</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">01</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1.06</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; height: 17px; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">1.04</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><br></td>
</tr>

</table>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
<p style="margin: 0pt 0pt 10pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">ii. </font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Pro Forma</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Basic and diluted earnings per share</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%">

<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-size: 8pt; color: #000000;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Year </font><font style="font-family: 'Times New Roman'; font-weight: bold;">ended </font><font style="font-family: 'Times New Roman'; font-weight: bold;">December</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">3</font><font style="font-family: 'Times New Roman'; font-weight: bold;">1</font><font style="font-family: 'Times New Roman'; font-weight: bold;">, 2021</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1px;"><br></td>
<td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Year ended December 31, 2020</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
</tr>
<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">&nbsp;</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Basic</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Diluted</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Basic</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom-width: 1px;"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-bottom: 1px solid #000000;">
<p style="border-bottom-color: #000000; border-bottom-width: 0.5pt; font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; padding-bottom: 1pt; text-align: center; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: bold; color: #000000;">Diluted</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><br></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 52%; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Profit attributable to holders of ordinary shares</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">12</font><font style="font-family: 'Times New Roman';">9</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">044</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">12</font><font style="font-family: 'Times New Roman';">9</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">044</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">11</font><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">268</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 2%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; width: 10%; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">11</font><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">268</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 2%;"><br></td>
</tr>
<tr>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">Weighted average number of basic shares held by shareholders</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">121</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">777</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">128</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">125</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">155</font><font style="font-family: 'Times New Roman';">,</font><font style="font-family: 'Times New Roman';">798</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">119,960,383</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000;">123,287,891</font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><br></td>
</tr>
<tr style="background-color: #cceeff;">
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="color: #000000; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-style: italic;">Pro Forma</font><font style="font-family: 'Times New Roman';"> earnings per share (in </font><font style="font-family: 'Times New Roman'; font-style: italic;">reais</font><font style="font-family: 'Times New Roman';">)</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">06</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">1</font><font style="font-family: 'Times New Roman';">.</font><font style="font-family: 'Times New Roman';">03</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">0.</font><font style="font-family: 'Times New Roman';">96</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom"><br></td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; border-bottom-width: 1px; vertical-align: bottom;" valign="bottom">
<p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 0pt 18pt; text-align: right; text-indent: -18pt;"><font style="font-size: 10pt; color: #000000;"><font style="font-family: 'Times New Roman';">0.</font><font style="font-family: 'Times New Roman';">93</font></font></p>
</td>
<td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff;"><br></td>
</tr>

</table>
<p style="margin: 0pt 0pt 0pt 18pt; text-indent: -18pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&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;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>88</font></font></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;"><a href="#TOC">Table of Contents</a></div>
</div>
<p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p>
</div><div style="font-family: 'times new roman', times; font-size: 10pt;"><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: 0pt; 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: 8pt 0pt 10pt; line-height: 22.2333px; font-size: 14.5pt;"><font style="font-family: 'times new roman', times; font-weight: bold; font-size: 10pt;">SIGNATURES</font></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-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-top: 0pt; margin-bottom: 10pt; text-align: justify; line-height: 18.4px; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">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.</font></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-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-top: 0pt; margin-bottom: 10pt; text-align: justify; line-height: 18.4px; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Date: <font style="background-color: #ffffff;"><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">March</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">&nbsp;</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">9</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">,</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">&nbsp;20</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">2</font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman'; background-color: #ffffff;">2</font></font><font style="color: #000000; font-size: 13.3333px; 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; font-family: 'Times New Roman';">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="width: 35.4pt; display: inline-block;">&nbsp;</font></font></p><table style="height: 68px; width: 100%; font-family: 'times new roman'; 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; margin-left: 0.1px; font-size: 10pt;" class="mce-item-table"><tr style="height: 17px;"><td style="width: 526.891px; height: 17px;"><br></td><td colspan="2" style="height: 17px; width: 288.25px;"><font 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: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 48px; 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;">CI&amp;T Inc</font><br></td><td style="width: 284.859px;"><br></td></tr><tr style="height: 17px;"><td style="width: 526.891px; height: 17px;"><br></td><td style="width: 29.6875px; height: 17px;"><font 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-align: start; text-indent: 48px; 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;">By:</font></td><td style="width: 252.562px; height: 17px; border-bottom: 1pt solid #000000;"><font style="font-size: 10pt;"><font 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: 48px; 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;">/s/ Stanley&nbsp;</font>Rodrigues</font></td><td style="width: 284.859px;"><br></td></tr><tr style="height: 17px;"><td style="width: 526.891px; height: 17px;"><br></td><td style="width: 29.6875px; height: 17px;"><br></td><td style="width: 252.562px; height: 17px;"><font style="font-size: 10pt;"><font 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: 48px; 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;">Name: Stanley&nbsp;</font>Rodrigues</font></td><td style="width: 284.859px;"><br></td></tr><tr style="height: 17px;"><td style="width: 526.891px; height: 17px;"><br></td><td style="width: 29.6875px; height: 17px;"><br></td><td style="width: 252.562px; height: 17px;"><font 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-align: start; text-indent: 48px; 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;">Title: Chief Financial Officer</font></td><td style="width: 284.859px;"><br></td></tr></table><p style="font-size: 8pt; line-height: 115%; margin: 0pt 0pt 10pt;"><br></p><p style="font-size: 8pt; line-height: 1.3; margin: 0pt 0pt 10pt;"><font style="font-family: 'Times New Roman'; font-size: 8pt; font-style: italic; line-height: inherit;"> (4Q21 and 2021 FY Earnings Release, Unaudited condensed consolidated interim financial information for the three month periods ended December 31, 2021 and 2020 and Unaudited Pro Forma Condensed Financial Information for December 31, 2021 and 2020).</font></p></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>img13d2dc141ad34e988c35.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 img13d2dc141ad34e988c35.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" $P KL# 2(  A$! Q$!_\0
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M\-Z<NF7KV5MJNJWTCWLQB+QJNUEC!F8(I(;N>W%:CZYK^IZQ\.]4U+7HM/\
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MSG;GKC/.* /!=-N]+MH?"6H>&]=O+WQ;>W<":C UT\C3*P/G"6,DA57G!P,
M9YZU=FA\+ZE\6X[+3=2_TI;J5M4O+J\PUP7!06D2Y&X#)' ^7US7J]YX1T*]
MU*VU%]/CCOK:;SH[FWS%)NQ@[F7!8$=0V0:NC1-*6Z^TKIEF+@/O$H@4,&SG
M.<9SGO0!Q/P818O!5S"F[RXM3N40,22%#  9/M7HU5[>TM[.,QVT$4*%BQ6)
M H)/4X'<^M6* "BBB@ HHHH **** "BBB@ HHHH **** "N!^,%S=VOP[NI+
M*[EM9S<0*LL3E67,B@\CGO7?53U#3K+5+4VM_:PW5NS*QBF0,I(.0<'T(S0!
MXDOCO7M-\57G]HQS-J6A:#.EU:[V$,\RR+MFP."&5E8GKC/2I+CQKXNU#PGX
MBMYKN%)(=*6^BO8$6-X\LNZ,*DC'!4G:_'0\5[-)H^FRZBVHR6%LUZT)@:<Q
M*7:,]4+8R5]JKZ?X:T/2H+BWL-'L;6&XR)TB@55E&,88 <C!/!H \W\6W^J_
M\*?T&8ZI+=WMQ=VJO/82F%Y58GY0P/#8PI)/49-8.F>,M?T;P],]C/=-!?ZT
MNGV:ZE(+F>QVJ?,5\LH+%@-JLP&,_C[.OAW1DTV#35TJS%C!()8;<0KY<;AB
MP8+C .23GU-)/X:T.XBO(I](LI([UQ)<JT"D3..C,,<M[]: /.;7XA^(;;1M
M.UC5OLJZ?!J[Z?J,R(I#Q,!LF^5F"%6X9<GJ*I3?$7Q5)I>@,GD6\NN275Q%
M-]F5S#;I]Q0K.JLQ'S$EAP1Q7JO_  CVC?V-_8_]EV9TW@&U\E?*.#G[N,=1
MGZT7OA[1M2TZ'3[[2[.XLX !%!+"K)& ,#:".,#CB@#RVQ\=^-=>O-/L[632
M]/GDT>6]F+Q>>K-'*R;E*M@!@!QDX^;KQ6MH?Q&O+Z^\'OJ$MG:6>K:?<37)
M?"#S(S@;68\#@G%=_'H>DP3QSQ:;:QRQV_V5&2%04ASG8,#A<]NE03>%?#\]
MC:V,VBV$MK:'=;PO;JR1'.3M!&!0!Y+'\4?$][I.BI;O;QW%['=W$ET+=64K
M%(RJJJSHO0 L<Y .<5?\9>(=3U'X:^$M9F:WL+^;5K=G/FY@4@N,L58YC. Q
MY/%>CS>$?#EQIT6GS:%ITEG"[/% ;92L;,<L5&."<\XZU;N]$TK4+.&RO--M
M;BUA8-%#+"K(A48!"D8& <4 >8#QUXJCTSQ,(KK3]1N/#L\$SW5I%^ZNH&!,
MB 9(#* 3D'L16SI7CK4=0\/^*O%<,23Z/9A_[+A$95I1&F6=FZE2WMQ@UT]W
MX9M[?POJ&C^'8+326NHW16C@ 168;2Q48R<?TJWX?T*U\/\ ANQT6W :"V@$
M1++]\_Q,1[DDGZT >6WWB/7-0^'VNG4-?T.\:?1/ML<5@Q2XMRV,@J"05&<;
ML@Y[54F\4W'AF;7]4M+&VEO+70]-VRLK%F+A5W.<\JN<]N@YKUFW\)>'K.UN
MK:VT33X8+L;;B..W55E'HP Y'M4XT+24>9AIEKNGA6"4^2OSQJ,*C<<J!P >
M* /))/B)XQM[*:V+6+W*ZA:6\5U)"J@B;<"KQI(VW! (.>1FD\4>*/%?_"'>
M-+"?4H([_0[JV!O;.-HC)'(0=H&XE2"1SGID>]>JV_A/P_:6:VEOHEA%;K,M
MPL2VZA1(OW7QC[P['M5DZ)I;M?%M.M6-^ +O,2GS\# W\?-@<<T 4HKO58/"
M,-U"D.MZD(5($$BP)<,2,E6)(48)/X4_0K_6M2LYFU?1?['G5ML:"Z2XW#'W
MLKP.>Q]*TK.RM=/LXK2SMX[>WB7;'%$H55'H .E6: /"I7U;P[K*Z!J6O7E[
M;I<0W>H-9O*\C$G;%""S9#S-\S*"%"KQP:ZOQIK5EJNG^"-1M(8+JUOM;MC$
MTZ-E0P8[@,C##'?-=I<>'=&NH[R.?2[21;UU>Z#PJ?.9?NLW')&.#VJ631M,
ME@LX'T^V:&R=7M4,:[86484H/X2!TQ0!Y7H/CWQ9-_PCVHWUQILVGZKJSZ:U
MNENRR)AF ?=NQD;>F.F/7BU\8?%T]C$/#]O=75@LMJ]S<7L,3D@*&V1*5'!9
MEY8D +]:]&C\.Z-%#;01Z7:+#:SFXMXUA4"*3).]1CALD\CUJ[<VT-Y:RVUS
M$DL$JE)(W&592,$$'J"* /%;/65\1W7A;2=5\0WNEZ*^@I.)4N&MWO+E3L=6
MD;D[<$XSSUYS4:ZS9W'@N]_X237]0N]'TW5IK>P:&<K+JR*ORH67!8 G[P('
MKTKV"[\.:)J.G0:?>Z59W%G;@+##+ K+& ,#:".,#CBLVR\ >'+32TTV33X[
MVRBE>6""]59EM]QRRIN'RKGM0!YMH=KJ&G>)_AO]KU:>ZNKF&[CN@EX98B$1
MF1#@E690VTGG)'L*]QK)MO#>AV9LS:Z190FR+M:^7 J^27^^4P/EW=\=:UJ
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M _&C OO#F!_S"Q_Z->N[MYX[F!)HB2DB[ER"#CW!Y%<)\:/^/[PY_P!@L?\
MHUZPQ?P+U/2R+F5>2?8\NK4L/$>MZ6V;#5[^U/\ TQN'3^1K+HKSSZD]#TGX
MU^.=*VJ=56]C'\%W"KY_X$,-^M>AZ'^TA;R;8]?T1XC_ !364FX?]\-@C_OH
MU\\T4 ?;7AWQYX:\5 #2-7@FF[P.=DH_X"V"?J,BNEKX#1VC961B&!R"#@@U
MZ3X3^-GBCPZ8X+V?^UK%< Q7+'S%'^S)U_[ZW#VH ^LZ*XOP;\3?#OC6)8[*
MY$%_C+65P0LGOM[,/<?B!7:4 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%0S7$4"Y=L'L!U/X4 34R25(EW2,%
M'N:RI]3D?(B&Q?7J3_A5)F9F+,26/4DYH UI-4A7A SGUZ"JKZI.?NA5'TR:
MI44 3-=W#'F9_P#@)Q_*HVD=CDN[?5C3:* *FML?^$;OR"<_N^<_[0KA%GF4
MY6:13_LN17=:W_R+6H?]L_\ T(5P5>CA/@?J?)YY)K$*W9%V/6-3AP4U"YX[
M&4D?D:TH/&6LP$;YHYE])(Q_-<5@45NZ<);H\R&+KP^&37S9W%GX^C.!>V;I
MZM$VX?D<?S-=)8ZYINHX%M=QES_ QPWY'FO(Z*QGA(/X=#T:.=8B&D[27XGM
MN>] KRO3O%&IZ<543>?$/^6<QSQ[-UKM=)\5V&J%8F)M[AN!'(>I_P!D]#_/
MVKDJ8><-=T>WA<TH5WRWL^S.AHHS16!Z84444 %%%% !1110 4444 %%%% !
M1110 4444 4=7N)+71+^XB($D-O(ZDC."%)!Q]17C47Q/UN+PO'NU&Q>^N=.
MFO'N;VXA14947$42Q @R%FW!7^; P17N+*KJ58 J1@@C((JDND::J;%T^T5
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M*$K!=>%M/NY1,[3K*$1%=7&5"J5&,@CD$Y_I4B^'K)+2YMD:=([AD+88$@J
M!U!!X'(.<U@G4=771--ODO6:2:)H_*:/+,PW9?&.0J@'/&<#CFNHTN]BU#38
M;B$R,C#&Z4 ,2O!)QQR1VXJ8\DF]#:O]8I03<[I.WW?\,2V5I%8645K"6,<0
MP"YR<>YKA_C1_P ?WAS_ +!8_P#1CUW]<!\:/^/[PY_V"Q_Z,>L<7\"]3MR.
M3EB)-[V_4\NHHHKSSZD**** "BBB@"6.62&19(G9'5@RLIP01T((Z&O;/A_\
M>+JP:+3?%K/=6OW5U!1NEC_WP/OCW'S?[U>'44 ?>UE>VNI6<5Y97$=Q;3*&
MCEC8%6'J"*LU\<^ /B3JW@6_41.USI<C9N+-VX/JRG^%O?H>_M]7>'?$>F>*
M=(AU72KD36THP1T9&[JP[,/3\1D$&@#8HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH *0D $G@"FR2+$A=VPHZDUBW5Z]P2HR(^P]?
MK0!:NM2QE8.?5R/Y5FLS,Q9B68]23244 %%%% !1110 4444 4];_P"1:U#_
M +9_^A"N"KO=;_Y%K4/^V?\ Z$*X*O1P?P/U/DL]_P!X7H@HJ2&-99E1YEA4
MG!D8$@?7'-:$^A7,=\UG!)'<3*NZ39D!!QU)P.]=#DD[,\J%*<H\T5?I_2,N
MBM(>']5*,PM&^4L""Z@DKU &<G\*BL]--U;O<27,-M"KB,/+G#,1G  'I1SQ
MM>X_J]6Z3BU?OIL4J*U[?0FEC+M< @2/'^Y <$JN[(.0"#5;^Q=1"1.;5@)B
M O*YR>F1GC/OBCVD.XWAJR5[,U-%\6WFG;8;G=<VXXPQ^=![$]?H?TKT&PU"
MVU.V6XM95=#Z'D'T([&O,8_#FHM<K#)&L3,C.K,X*G'49!Z_RJMI^HW>DW?G
M6S[6!PZDY# =B._UKFJ483U@]3U<)F-?"VC63<=M=T>Q45CZ)KMMK5ONC^29
M1\\3'D?XCWK8K@E%IV9]/3J0JQ4X.Z8M%%%(T"BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH PO%^D2:[X3U/2XHQ(]Q"45#)Y>3D$#=@XZ=<&N!7
MP#K%[X>A6YM_(U+[8R6SFZ4O8VK[=Q9D"B1AM;;@9!9>?EKUNB@#G?!T.K6G
MA^*UU:QM;*2W;RH8;4Y18E "]S[CKT )P2171444 %%%12R;1M'WC^E $@8'
M.#G'6EJHK%6R*L(X<<=>XH ?1110 E<%XWT?RY!JD*_*V$F '?HK?T_*N]J"
MZMHKJVDMYE#1R JP/<&M*4W"29R8S#1Q%%P>_0\8H(!!! (/4$5<U/3Y-+U&
M6TEY*'*'^\IZ&J=>LFFKH^%G"5.3A)6:#\.G2@  8 P/0444R0KS_P"-'_']
MX<_[!8_]&O7H%>?_ !H_X_O#G_8+'_HUZY,7\*]3W<A_CR]#R^BBBO//J@HH
MHH **** "BBB@ KK? ?CO4? NMK>6;&2TD(6ZM6;"RK_ $8=F[?0D5R5% 'W
M7H&O6'B71K?5=,G$MK.,@]"I[JP[$'@BM2OD+X6?$.;P+KH2Y9GT:[8"ZB'.
MP]!(H]1W]1QU Q];PSQ7,$<\+K)%*H9'4Y# C((/<$4 34444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !37=8T9W.%49)IQ.*P[ZZ-Q)L4_NU/'^T
M?6@!MU=/<OD\1C[J_P!:KT44 %%%% !1110 4444 %%%% %/6_\ D6M0_P"V
M?_H0K@J[W6_^1:U#_MG_ .A"N"KT<'\#]3Y+/?\ >5Z(7H16D=:D>\NYY;>*
M1+M%26(D@$#&,$'(Z5F45TN*>YY,*LZ?PLZ2;Q-YEK:SF&&6^1Y",@@1 @ $
M=CP.^>E9-IJ;6]N]O+;Q74#N)=DF1M8=P0?TJK;K&]S$DI=8V8*Q498 GL*W
M_P#A&4+7@\Z9O*E,4815))"ALD$C/7&%YK)JG!69VQGB<0^:.MM.G]:E&'79
MH$*K;P8,CR84$*-R[< #H *F;Q-=N(=T,>^-D9FR?GV],C.!^%-FT2-+-KJ"
M\%Q&J# C3<3(>W'0 9)/4=Q6-3C&$M4C.I5Q-))2=KFI#KDL/E#R(F$;2L02
M?F$G4''2LPX+$A0HSPH[>U)16BBEL<TZLZB2D[V)K2[GL;I+FVD,<J'(([^Q
M'<>U>H:#K<.M6>]<).F!+'GH?4>QKRFK.GW\^F7J75NV&4X93T9>X/M6-:BJ
MD;]3NR['SPL[/6+W7ZH]EHJCINHPZI91W4#95AR#U4]P?<5>KS&FG9GV<)QG
M%2B[IBT444B@HHHH **** "BBB@ HHHH **\J?QMKL?Q.FT=)0]DE]Y(A:V4
M(T2VZR/MDSN,H+#"X.0?:L\?%C7-3MK26RL-/LTEO+7=+-<EE6&5F7:_RY5O
MEY;IC..10![+17C7B+XKWHM[ZW@MK>W0F\CB>"] NXC!U+H5(7<1QUXKH;KQ
MI>Z/#XONI@MU'IMW;06L;LL:H)(XN7<#A0SEBQS@9H ]$HKRRV^)FL7TPLK/
M3-*FO#>7-MN2^9H&\F%92RL%R0=Q&,?UJB/BO?ZU>:0NGQ6EA;SZC96\J2W
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M 91110 4444 %%%% !3D1I'"HI+'H!2*K.RJHRS' %;=I:+;)V+M]YOZ#VH
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MJ==10_ZR''NI_H:Q-1U6PTFT:ZOKF.&%=OS$Y)RP4$ <D98<CUJ_&NZ9$/\
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MAD(XW'[V&;[N&;DX)KO+7XMV"Z5I-QJ&EWT-S?6PNGAA59!#"6VB3.064GH
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M_P!!%?.#_=/TKZ4T:,PZ-91'JD"+^0 K>CU/E.*7[E->OZ%^BBBMSXX****
M"BBB@ HHHH **** "BBB@ II4,I4C((P0>].HH Y9?A]X86.T1-,VK:$^2%G
MD&%+;MI^;YDW $*<J.PJ2?P)X<NK:WMY-./EV[RO'LGD1AYC;W!*L"59N2I.
M/:NEKS#6+26+7_&7VB/66TZ>WLF46QF8;RS!BH0AMHPN]4.=N?6@#II? /AF
M22_E;2HRUZCI*A=MGS8+%4W;48D EE .1G-8]KX0T*S5!!8;65)DW-*[.PE
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M*DTO4YM+NQ-%RC<.A/##_'T- 'IM%5;.]@O[99[=]RGJ.X/H1V-6J "BBB@
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MX],@>UT8D*1AKIA@_P#  ?YG\N]<)KOB2>5HIM4N;B=I)-D2(A;YL$X55''
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M"8A*[@_N9UHS0>.E>:7GQ>L&BSI=E+<@_=>5@BG^9_E7&:SXWU[6E9);K[/
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MZ0QCL@Z^Y/4GW-6Z "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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21110 4444 %%%% !1110!__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>imgac5a45f705ad4a29b628.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 imgac5a45f705ad4a29b628.jpg
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MN5@'B:@RBC]SQY39$2KM5+Q]()SN".<U/96 NH>.P"Y0Y=A'%<4(ZW5ENX.
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MC(1.-EY,P8QF!C4CQIOEBIU.J70< A=SBBTFJRB\!15+&9?Y\^<^2++<W,S
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>,6<8"5U03$S\%S$W6GI^QZ)>     $E%3D2N0F""

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>imgcd01d633359040ef8f3b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 imgcd01d633359040ef8f3b.jpg
M_]C_X  02D9)1@ ! 0   0 !  #__@ ?0V]M<')E<W-E9"!B>2!J<&5G+7)E
M8V]M<')E<W/_VP"$  0$! 0$! 0$! 0&!@4&!@@'!P<'" P)"0D)"0P3# X,
M# X,$Q$4$ \0%!$>%Q45%QXB'1L=(BHE)2HT,C1$1%P!! 0$! 0$! 0$! 8&
M!08&" <'!P<(# D)"0D)#!,,#@P,#@P3$100#Q 4$1X7%147'B(=&QTB*B4E
M*C0R-$1$7/_" !$( "D!S@,!(@ "$0$#$0'_Q  =  $  04! 0$
M    !P$$!08( P()_]H " $!     ._@PV7^J5        0!"TF6T3SG&V(Z
M=DG[I]8W)/+5-@R#!9W!V^R     ,5^??96F1A'4IR5!_;L%WT*2O'$GZ[T_
MSGALW@]T\+N$M=R'AE+_ !GUXX?.>4R=#   *<%^^V6%S%LL8[M..]$^:8?8
M;7H*.&I8C:=JS$:<];+(-MI]K,7CS[)&G3[,   !9Z/LM/>W>>R@       *
M5HJ        '_\0 &0$! 0$! 0$               0" P$%_]H " $"$
M .<U':2H   'S<US;O    QTR]   !__Q  : 0$  @,!
M!08" P0'_]H " $#$    )"Q1L18*L   #TCJAYB)H8   ,NOBVM0   /__$
M "H0  (" P ! @4$ P$       0% P8! @<( !$2$Q054! 60$$7(#15_]H
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M[A7ZF?=3[8N/E>]!R&=P6_6B;YL[2^7ZG4 VXVCZ7[NVO=PHH8=H/Z8DLHA
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M;ZELFO-QE3^Y7&:SDKC'/UR.>:GR)(L;A)GKN)R34OSN"6;'IEB<#_+/_\0
M)!$  @$$ 00" P           0(#  01$B$%,4!1$S-A<8'_V@ ( 0(! 3\
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DG$<\\4"TT4SI"I#+&K$*"/< 8EFFJ',D\KR.>[.Q8_WZG__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>imgf50055531c824092a748.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 imgf50055531c824092a748.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X1$&17AI9@  34T *@    @ ! $[  (
M   4   (2H=I  0    !   (7IR=  $    H   0UNH<  <   @,    /@
M   <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                                                 $UO:&%M;65D
M($1H;VQK87=A;&$   60 P "    %   $*R0!  "    %   $,"2D0 "
M S$X  "2D@ "     S$X  #J'  '   (#   "*      '.H    (
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
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MXY",H'.W.!Q7H?P7U&]U;X0:%>ZI=37EU+'(9)YW+N^)7 R3R> !0!W-%%%
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M-Z,/\@UK5TIWU1^?U*<Z4W":LUT"BBBF9A1110 4444 %%%% !1110 4444
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MO]1F5IIW/'E[][QA<=&/!.>E0>)]>7Q%JPO4M%M0(A'MW!F;!)RQ &3SCIT
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M(?\ IH_'Z+N_,5[G7715HW/S?BK$JIBHT5]A?B_^!8****W/D0HHHH ****
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' HHHH __V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
