Grendene Business Overview

Grendene® Highlights Grendene is one of the world's largest producers of footwear. Production capacity: 200 million pairs/year Average production: 500,000 pairs/day. Employees: 24,000 in December 31, 2011. New products in 2011: 1,002. World presence: more than 90 countries. Brands with strong personality. Innovation in product, distribution and media. Listed on BM&FBOVESPA; free float: 25%. Solid capital structure and strong cash flow. 5

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