| 1.1 | Elect André Guilherme Brandão as Director (Majority Shareholder Proposal) | For |
| 1.2 | Elect Fabio Augusto Cantizani Barbosa as Director (Majority Shareholder Proposal) | Oppose |
| 2 | In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below? | Abstain |
| 3.1 | Cumulative Voting: Percentage of Votes to Be Assigned to André Guilherme Brandão | For |
| 3.2 | Cumulative Voting: Percentage of Votes to Be Assigned to Fabio Augusto Cantizani Barbosa | Abstain |
| 4 | Elect Fiscal Council Member: Lucas Pedreira do Couto Ferraz | Oppose |
| 5 | Approve Tender Offer | For |
| 6 | Ratify Investor Consulting Partners Consultoria Ltda. as the Independent Firm to Appraise Proposed Transaction | For |
| 7 | Approve Independent Firm's Appraisal | For |
| 8 | Approve Absorption of BESC Distribuidora de Titulos e Valores Mobiliarios S.A (Bescval) | For |
| 9 | Approve Capital Increase in Connection with the Transaction and Amend Article 7 Accordingly | For |
| 10 | Approve Issuance of Shares in Connection with the Transaction for Bescval's Minority Shareholders | For |
| 11 | Authorise Cancellation of Treasury Shares | For |
| 12 | Authorize Board to Ratify and Execute Approved Resolutions | For |
| 13 | Amend Articles: 7 and 8 | For |
| 14 | Amend Articles: 9 and 10 | For |
| 15 | Amend Articles: 11 and 16 | For |
| 16 | Amend Articles: 18, 19, 20, 21 and 22 | For |
| 17 | Amend Articles: 24, 30 and 31 | For |
| 18 | Amend Articles: 33 and 34 | For |
| 19 | Amend Articles: 40, 41 and 42 | For |
| 20 | Amend Articles: 47 and 48 | For |
| 21 | Amend Article 50 | For |
| 22 | Amend Articles: 59, 60 and 61 | For |
| 23 | Amend Article 63 | For |
