Firm Analyst
Banco do Brasil Nataniel Cezimbra
BofA Merril Lynch Mario Pierry
Goldman Sachs Carlos Macedo
Morgan Stanley Jorge Kuri

BTG Pactual is covered by the analysts above mentioned. It is important to highlight that any opinion, estimate or prediction made by those analysts, related to BTG Pactual’s performance, don’t represent opinions or predictions of the Bank or its executives. BTG Pactual doesn’t stand by this information or necessarily share the same opinions, conclusions or recommendations mentioned above. The Bank doesn’t assure that the information above is complete and updated.