The Company’s subscribed and paid-up capital stock is one billion, eight hundred and seventy-six million, seven hundred and seventy-three thousand, eight hundred and sixty-nine Reais and sixty-three Centavos (R$ 1,876,773,869.63) exclusively divided into one hundred forty-five million, six hundred ninety thousand, two hundred and sixty-one (145,690,261) book-entry common shares with no par value and the issuance of preferred shares is prohibited.