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dollarBrazilian real exchange rate, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahil
Return Is -100%, you will lase your entire Investment. Reference Currency The quotient, expressed as a percentage, calculated as follows: Return: Initial Snot Rate - Final Soot Rate Initial Spot Rate Spot Rate: The Spot Rate for the Brazilian real relative to the U.S. dollar (the "USDI3RI;) on each date of calculation will be
dollarBrazilian real exchange rate, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahil
Return Is -100%, you will lase your entire Investment. Reference Currency The quotient, expressed as a percentage, calculated as follows: Return: Initial Snot Rate - Final Soot Rate Initial Spot Rate Spot Rate: The Spot Rate for the Brazilian real relative to the U.S. dollar (the "USDI3RI;) on each date of calculation will be
dollarBrazilian real exchange rate, expressed as the amount of Brazilian reels per one U.S. dollar, for settlement on the same day, as reported by Banco Central do Brasil on SISBACF:N Data System under transaction code PTAX-81:03 ("Consuha de Cambio" or Exchange Rate Inquiry). Option 5 ("Cotacom pare Cotahil
Return Is -100%, you will lase your entire Investment. Reference Currency The quotient, expressed as a percentage, calculated as follows: Return: Initial Snot Rate - Final Soot Rate Initial Spot Rate Spot Rate: The Spot Rate for the Brazilian real relative to the U.S. dollar (the "USDI3RI;) on each date of calculation will be
Entities connected to both Banco Central and Initial Snot Rate - Final Soot Rate

Brasil
LOCATIONSao Paulo
LOCATIONInvestment
ORGANIZATIONProspectus Supplement
ORGANIZATIONN Data System
ORGANIZATIONIIRER
ORGANIZATIONUSDISRL
ORGANIZATIONInitial Spot Rate
ORGANIZATIONCUSIRISIN
ORGANIZATIONBarmier
PERSONIISBC USA Inc.
ORGANIZATIONKey Tomo
ORGANIZATION