Investor Presentaiton

Where we could be headed Having dealt with the severe macro economic imbalances... - External accounts in order - Sovereign debt under control - Inflation normalized - Well developed and stable banking system ... a new set of variables will play a key role in the future - Tax evasion is plummeting / formal job market growing - Capital markets are becoming deeper - Productivity is well-positioned to take-off DYNAMO Administração de Recursos

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