Investor Presentaiton

Accelerated Growth in HPC, with Shifting Share Towards Drugstore Chains + (R$ Billion) HPC Market 21,7 19,6 CAGR 04-09 = 10,7% 13,5 15,4 17,5 Market Share by Channel (% of Weighted Volumes) 12,7% 27,5 6,4% 6,4% 6,0% 5,8% 7,9% 24,9 26,9% 27,7% 27,2% 26,4% 23,6% HPC Growth by Channel - Weighted Volumes Index: 2004 = 100 166,9 9,0% 11,6% 14,2% 15,1% 16,5% 159,1 57,5% 54,3% 52,6% 52,7% 52,0% 116,1 131,1 182,8 212,1 106,2 104,4 106,1 107,0 112,6 99,6 108,7 108,7 100,0 104,9 107,8 104,9 100,9 2004 2005 2006 2007 2008 2009 2010 2004 2004 2006 2008 2009 2010 2005 2006 2007 2008 2009 2010 Supermarkets Drugstore Chains Supermarkets Independent Drugstore Chains Traditional Independent Drugstores & Beauty Drugstores & Beauty Source: ABIHPEC Source: AC Nielsen, Company analysis 17

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