Common shares entitle their holders to vote at the Company’s Shareholders’ Meetings and give them the right to be included in a public tender offering in case of Sale of the Company’s Control at the same price and under the same conditions offered to the Selling Controlling Shareholder.

Preferred shares do not entitle their holders to vote, except in the cases set forth in the Company’s Bylaws. They have priority in the receipt of minimum and non-cumulative dividends of six percent (6%) per year, calculated on the amount resulting from dividing the capital stock by the total number of shares of the company, or three percent (3%) per year, calculated on the amount resulting from dividing shareholders’ equity by the total number of shares of the company, whichever is greater.

For more information on the characteristics and rights of each class of shares, please access the Company’s Bylaws and the Company’s Reference Form.