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Foreign Capital Census Statement

August 6, 2019

In accordance with the provisions of Circular of the Central Bank of Brazil No. 3,795 of 6/16/2016, we inform you that the deadline for submitting the declaration of the Census of Foreign Capital in Brazil (“Census”) is now open, and the information to be provided must refer to the base year ending December 31, 2018.

The following entities are required to participate in the Census:

1) Legal entities headquartered in the country, with direct participation of non-residents in their share capital, in any amount, and with net equity equal to or greater than the equivalent of US$100,000,000.00 (one hundred million US dollars) on the base date of December 31 of the base year;

2) Investment funds with non-resident shareholders and with net equity equal to or greater than the equivalent of US$100,000,000.00 (one hundred million US dollars), on the base date of December 31 of the base year, through their administrators; and

3) Legal entities headquartered in the country, with a total outstanding balance of short-term commercial credits (due within 360 days) granted by non-residents, in an amount equal to or greater than the equivalent of US$10,000,000.00 (ten million US dollars), on the base date of December 31 of the base year.

The deadline for submissions is 6pm on August 15, 2019.

We are available to assist you with delivery, as well as with completing the Census.

This communication, which we believe may be of interest to our customers and friends of the company, is intended for general information only. It is not a complete analysis of the matters presented and should not be considered legal advice. In some jurisdictions, this may be considered lawyer advertising. Please see the company's privacy notice for more details.

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