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Perfin Infra Administração de Recursos Ltda., Perfin Equities Administração de Recursos Ltda., and Perfin Wealth Management Ltda. (“Managers”) are portfolio managers in the “asset management” category, authorized by the Brazilian Securities and Exchange Commission (CVM), and comply with the provisions of CVM Resolution No. 21/2021. Some of the information contained herein may have been obtained based on market data and public sources considered reliable. The Managers do not explicitly or implicitly declare or guarantee the completeness, reliability, or accuracy of such information and disclaim any responsibility for any direct or indirect losses that may result from the use of this material and its content. Investment funds may use derivative strategies as an integral part of their investment policy, in accordance with their respective regulations. Such strategies, as adopted, may result in significant financial losses for their investors, potentially even exceeding the invested capital and, where applicable, requiring the investor to provide additional funds to cover the fund's losses. WHEN EVALUATING THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED TO ANALYZE AT LEAST A 12-MONTH PERIOD. INVESTMENT FUNDS ARE NOT GUARANTEED BY THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM, OR THE CREDIT GUARANTEE FUND (FGC). PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RETURNS. THE DISCLOSED RETURNS ARE NOT NET OF TAXES. READ THE OFFER DOCUMENTS AND THE REGULATIONS BEFORE INVESTING. This material may not be reproduced or redistributed to any person, in whole or in part, for any purpose, without the prior written consent of the Managers. Any other information or clarifications regarding the funds managed by the Managers can be obtained via email: [email protected].