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Investor Presentaiton

Business Combination - Synergies Quantified Synergies - R$570m āœ“ Inventory Management - One-off reduction of R$ 325m Operational Improvements - R$ 245m/year of cost savings Identified Synergies - Not quantified Sales . Upselling/Cross Selling Omni-channel advertising benefits Omni-channel commercial strategy Online offering of financial services . Online offering of services 13
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