Brazil Dynamite Capital Portfolio

The Capital Dynamite Brasil portfolio is composed of Brazilian ADR’s that are

being traded with very low values and that may present EXPLOSIVE growth in

the medium/long term.

The Brazilian currency is very undervalued and this scenario is very favorable

to foreign investors.

The risk level of some of these companies is high, considering issues they

face such as: Judicial Recovery; losses in the result, low growth; among

others.

Here, we have the practice of the maxim "The greater the possibility of return,

the greater the risk".

Based on our analysis, we believe in the potential to constrain these

companies.