Grendene Business Overview

R$ Dividends Grendene® R$ 0,4400 R$ 0,3991 R$ 0,4048 74,9% R$ 0,3633 R$ 0,3667 46,0% 45,5% 40,4% 38,9% 4,9% 6,7% 5,8% 4,7% 6,8% % 2007 2008 2009 2010 Dividend per share (R$) Dividend yield (%) 9M11 → Payout (%) Dividend yield: profit per share divided by average value of the share in the year. 32

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