

| ESTACIO PARTICIPACOES | 26/04/2019 EGM | |
|---|---|---|
| 1 | Rectify and Ratify Remuneration of Company's Fiscal Council for 2018 | Oppose |
| 2 | Amend Article 5 to Reflect Changes in Capital | For |
| 3 | Amend Article 5 to Reflect Changes in Capital | For |
| 4 | Amend Article 17 and Remove Article 18 | For |
| 5 | Amend Articles re: Novo Mercado | For |
| 6 | Amend Articles 8, 19 and 27 | For |
| 7 | Amend Articles 6, 16, 23, 26 and 31 | For |
| 8 | Amend Articles | For |
| 9 | Adopt New Articles of Association | For |
| 10 | In the Event of a Second Call, the Voting Instructions May be Considered | For |