| 1 | Approve New Executive Share Option Plan | Oppose |
| 2 | Approve Merger Agreement between the Company and Estacio Participacoes S.A. | For |
| 3 | Ratify Apsis Consultoria e Avaliacoes Ltda as the Independent Firm to Appraise Proposed Transaction | For |
| 4 | Approve Independent Firm's Appraisal | For |
| 5 | Approve Merger between the Company and Estacio Participacoes S.A. | For |
| 6 | Approve Issuance of Shares in Connection with Merger | For |
| 7 | Approve Authority to Increase Authorised Share Capital | For |
| 8 | Authorize Board to Ratify and Execute Approved Resolutions | For |