Investor Presentaiton

8 STATE OF THE HOUSING INDUSTRY PRESENTATION: Housing Deficit Housing Deficit - 2015 Housing Units (per million) Percentage Precarious Housing 0.94 14.8 Family Cohabitation 1.90 29.9 Excessive Rent Burden 3.18 50.0 Densification Excessive 0.33 5.2 Total 6.36 100.0 Source: Fundação João Pinheiro SENAI CBIC Iniciativa da CNI - Confederação Nacional da Indústria

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