Investor Presentaiton

CETESB New durability requirements ✓ Tests will be carry out using reference biodiesel (B7). In some cases, standard (commercial) biodiesel can be used upon IBAMA approval. However, subsequent durability testing shall be performed using reference biodiesel. ✓ Durability limits will be the maximum emission limits multiplied by the deterioration factors given in the table below: Cycle CO THC(1) NMHC(2) CH4(2) NOX NH? PM mass PN # WHSC/ WHTC 1,3 1,3 1,4 1,4 1,15 1,0 1,05 1,0 (1) Applicable only to compression-ignition (diesel) engines (2) Applicable only to spark-ignition (gasoline and CNG) engines - NMHC for gasoline and CNG, CH4 only for CNG

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