LVRG Capital is a consultant company focused on Infrastructure financial solutions - equity and debt.

Permanent, Strategic and Independent Advisory on Capital ManagementIndependent advisory on strategic capital structure management Link between projects or corporations and investors/lendersPlanning and structuring to access capital markets or other sources of fundingComprehensive Risk Management

- Investor Relations - Debt and Equity Investors - Private Equity, Pension Funds, Strategic Investors/Operators- Development of Fundraising Instruments (Debt, Credit Enhancements and Exchange Rate Hedge Model) for Infrastructure Concessions - Contribution on discussions for improvement of Concessions Legal Framework- Direct participation in Eletrobras democratization process - regulatory, financial and legal drives

- Finance Advisor - BrPharma Company for Turnaround process- Responsible for all finance issues, as accounting, controlling, planning, budget and capital

• Development and implementation of strategies for these segments in a new bank;• Board member of committees of the project and directly involved all the strategic partnerships• Responsible for implementation of Investments and Insurance Broker operations, including M&A operations and partnerships analysis for these segments

Responsible for raised R$ 180MM from a private equity fund to complement the company's shareholdersLaunching the first direct insurance company in the Brazilian market commercializing auto insurance only via electronic channels. • Responsible for structuring Finance and Administrative Departments (Treasury, Control, Financial Planning and Accounting, Investments, Facilities and Risks) in the first company focused solely on sell insurance by electronic channels; • Responsible for relationship and support of current investors - financials, evaluation implementation plan, updates, market evaluation and data, etc;• Responsible for legal and financial structuring process of companies (in conjunction with the law firm) and assembly business plan to be presented to the SUSEP (regulator) – authorization approval of the insurance undertaking's operation;

• Implement a coordination process of the Holding financial activities of international operations• Relationship operations outside Brazil• Development and implementation of Holding concept• Review the internal performance system • Banking presence in Latin America, Securities (USA, Europe, Middle East and Asia), Corporate (Europe and USA) and Private Banking International (Latin America, United States and Europe)• Analysis and review of processes related to these operations in Holding - exs. Currency Hedging and Corporate Governance

• Financial management of Insurance & Pensions company (revenues R$ 7bi, 40% growth in EVA, 1600 employers and 1MM in annual claims) - control, financial planning (with focus on financial advice tobusinesses to increase operational performance), treasury and investments (R$ 12bi, Currency and Inflation Hedge, long-term structural investments and Asset Liability Management)• Reporting to Business CEO and Global CFO and CIO for both Conglomerates (Unibanco and AIG)• Responsible for the Purchase of Equity Valuation and new business• M&A transactions and capital structure operations with focus on Tax Planning• Cost management achieving relevant improvement on efficiece ratio• Implementation of Business and Company´s EVA• Development Indicators (Case INDG) and Balanced Scorecard• Implementation and Responsible of Tax Planning Committee• Chairman of committees for Investment, Credit and Accounting processes• Responsible for the budgeting process - products and corporate consolidation• Support Investors Relations department, representing the segment in Conference Call and AnalystMeeting with local and foreigners investors

• Develop structural investment strategy with new asset classes, including Long-term assets and getting performance above benchmarks and main competitors• Development of new strategy for Family Offices and Private channels• Continue the relationship with institutional investors, looking migrations to Open Entity Pension Plan,• Implementation of Hedge for Foreign Exchange Risk, eliminating operational and investment exposure• Development of new fund structure allowing simplify operational procedures and obtaining an annual savings that exceeds R$ 2MM annually• Development of Investment Policies for Insurance and Pension Technical Reserves• Implement a new real estate strategy, obtaining operational improvement and exceeding returns

• Operation in the institutional investors segment, with a portfolio exceeding R$ 15 billion,• Relationships with over 40 clients and prospect clients in the institutional and corporate segments,• Relationship with focus on investment consulting, seeking risk adjusted performance• Develop and implement an integrated product for Private Pension Plans, generating an additional profitof more than R$ 2MM in recurrent basis• Development of new strategy for multi-sponsored pension plan