Investor Presentaiton

Helicopter Investor Miami 2014 The Oil & Gas Industry Evolution - Reflect on Helicopters Offshore operations • PETROBRÁS as a leading player (85/90% of market share) 1997 Law 9.478 - ➤ New Competitors ➤ International standards 2001 A different industry - ➤ More Aircraft ➤ New Aircraft ➤ Better fleet 2007 Pre-Salt and the operations to come - ➤ Federal Law 12.351/2010 - PETROBRAS as mandatory parter and operator. HI Helicopter Investor September 2014

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