Investor Presentaiton

Brazil | Foreign Investment Main Investors 2015 (jan-aug) Annual net inward FDI (US$ billion) 17.1% 66.7 NLD1 65.3 64.0 62.5 16.0% ESP 12.6% 35.5 USA 5.2% FRA 2012 2013 2014 2015¹ 2011 Source: Central Bank of Brazil (1) Europe's main logistics hub (2) January to August 2015 BRAZILIAN ECONOMY OVERVIEW 4.5% JAP

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