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Investor Recommendations: This material was prepared by the Rio Bravo Investimentos group and should not be considered an analysis report for any purpose. This material is merely informative in nature and does not constitute, and should not be interpreted as, promotional material, a solicitation to buy or sell, an offer or recommendation of any financial asset or investment, or a suggestion, allocation, or adoption of strategies by its recipients. Investors are advised to carefully read the prospectus, essential information sheet, and regulations of the investment fund before committing their resources. The information contained in this material was considered reasonable as of the date of its publication and was obtained from public sources considered reliable. Rio Bravo Investimentos provides no assurance or guarantee, whether express or implied, regarding the completeness, reliability, or accuracy of this information. To evaluate the performance of investment fund(s), an analysis of at least 12 (twelve) months is recommended. Past performance is not a guarantee of future returns. Investments in investment funds are not guaranteed by the administrator, the manager, any insurance mechanism, or the Credit Guarantee Fund (Fundo Garantidor de Crédito). The disclosed return is not net of taxes. Before investing, it is essential to assess the suitability of the products to your risk profile and investment horizon, as well as to carefully read the respective regulatory documents of the products. Rio Bravo Investimentos is not responsible for any decisions made based on the data in this document. Rio Bravo Investimentos is not responsible for any unauthorized use of the material and information provided herein. For further information, please contact our SAC / Ombudsman: 0800 722 9910 | [email protected].