The Research Department is responsible for the analysis of publicy-traded
companies on the Brazilian Stock Exchange, providing reliable information
and investment recommendations for our clients.

In accordance with CVM Instruction 483, the director Marcus Vinicius is responsible for the implementation and fulfillment of article 12, I to VII. He can be accessed by the e-mail mvinicius@bancobrascan.com.br or by telephone + 55 21 3231-3107.