Brazilian-American Capital and Investment Exchange Analysis

22 80% 70% 60% 50% 40% 30% 20% 10% 0% %ST 70% 71% Change in Share of Total Announced U.S. FDI in Brazil by Selected Activity 23% 62% 14% %0 21% 115% Between 2003 and 2014, the FDI announced by the United States in Brazil was concentrated in three activities: manufacturing, IT & Communications (ITC) infrastructure (wireless and wired communication services and systems, datacenters etc.), and business services (administrative, educational, residential, software, games solutions, etc.) The growth in the value of these categories implies a decline in investments in manufacturing activities in Brazil by the United States: manufacturing's average share of the total amount fell from 55.9% to 44.2% between 2003-2008 and 2009-2014. Over the same period, ITC infrastructure's share of announced FDI rose from 6% to 30.8%, while business services decreased from 12% to 7.5%. The main U.S. companies that announced FDI in Brazil between 2003 and 2015 are to be found in the Automotive, Metals and Telecommunications sectors. The 15 companies listed below represented 40% of the total FDI announced by the United States in Brazil in the selected period. As an example, General Motors, plus its subsidiary General Motors do Brasil, announced 8.2% of the total amount. The average share of US investments in Information & Telecommunications in Brazil rose from 6% in the 2003-2008 period to 30.8% between 2009-2014 FDI Announced by the United States in Brazil: 15 Main Companies by Value (Accumulated Amount, 2003-2015*) Archer Daniels Midland Chevron Corporation General Motors do Brasil Terremark Worldwide Ford Jaguar Mining Source: FDI Markets / * Up to January 72% 64% 4% 18% 24% 64% 11% 14% 22% %ЯT 31% 44% %ET 47% 27% 1105% 37% 28% - 5% 29% 40% 26% 11% 23% 0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 ICT & Internet Infrastructure Business Services Others Manufacturing Source: FDI Markets Company General Motors (GM) Nucor Sector Investment (US$ million) Share (%) Automotives 3,306 4.8% Metals 3,013 4.3% Renewable Energy 2,406 3.5% Oil & Gas 2,400 3.5% Automotives 2,361 3.4% Level 3 Communications Communications Automotives Communications 2,129 3.1% 2,049 3.0% 1,605 2.3% Crown Embalagens Metals 1,490 2.1% Latapack-Ball Embalagens Metals 1,382 2.0% International Paper Paper, Printing & Packaging 1,300 1.9% Metals 1,177 1.7% Nextel Telecomunicações Bunge Communications 1,065 1.5% Food & Tobacco 1,044 1.5% Symetrix Semiconductors 1,000 1.4% Other 41,633 60.0% 23

View entire presentation