Rogério Zarpao

Exploritas Administração Financeira Ltda. is a financial management company based in São Paulo, Brazil, founded in 2012. The Brazilian company seeks to generate value through diversification and exposure in assets with a great risk/return asymmetry. The company's portfolio managers have years of experience in the financial market, managing bonds and equities in the Brazilian market and Latin America. Exploritas Administration Financial Ltda. uses strategies with derivatives as an integral part of its investment policy. The private company's investment funds do not have the assurance of the administrator, the portfolio manager, any insurance mechanism, or the credit guarantee fund - FGC. The information contained in this material is exclusively informative and should not be considered as an offer for the acquisition of quotas from these funds.

Grupo Safra SA provides commercial banking services. Its services include lending, leasing, securities underwriting, investment fund management, securities brokerage, insurance, and credit card issuing. The firm is also active in the trade finance, asset management, treasury operations and Internet banking sectors. The company was founded by Jacob Safra in 1955 and is headquartered in Sao Paulo, Brazil.

Banco Safra de Investimento SA (Banco Safra de Investimento) is the investment bank subsidiary of Grupo Safra SA's Banco Safra SA in Brazil. In 2005, aiming to increase the transparency in the administration of investment funds, the firm took over business-process management, governance and service performance record and bookkeeping of the funds, and the activities of custody and distribution remained the responsibility of Banco Safra SA. Located in Sao Paulo, Banco Safra de Investimento performs all management, administration and service performance record keeping of the Safra funds through Safra Safra Asset Management, a business unit that has activities and systems separated from other operations of the Safra Group.

Safra Asset Management Ltda. (Private Equity) (Safra Asset) is the private equity operational division of Safra Asset Management Ltda. The firm is headquartered in Sao Paulo, Brazil. It was founded in 2010.

J. Safra Asset Management Ltda. (Safra AM) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 1968 and is a subsidiary of Sercom Trade Services Ltda., ultimately held by Grupo Safra SA in Brazil. Founded in 1968, Safra AM manages assets for individual and institutional clients.

Founded in 1967, J. Safra Corretora de Valores e Câmbio Ltda. The company is based in São Paulo, Brazil and is part of Grupo Safra SA (Private Group). is a Brazilian brokerage company that provides brokerage services.

Unibanco Corretora de valores Mobiliarios e Cambio SA was founded in 1979 and provides securities brokerage services.