Lions Trust
Corporate Governance

(*) Lions DTVM Code of Ethics is part of the Compliance Manual.

(**) The rules, procedures and description of internal controls developed by Lions DTVM is part of the Compliance Manual.

Lions Trust Distribuidora de Títulos e Valores Mobiliários Ltda., registered under CNPJ/ME no. 40.768.766/0001-35, is in the credential phase with regulatory and self-regulatory bodies in the activities of equity portfolio management, in the category “Trustee and Portfolio Manager”, Custody and Bookkeeping of securities. Moreover, all the activities mentioned will only be initiated after obtaining the regulatory authorizations.