trading. Interests in the Fund have not been and will not be registered with any securities exchange commission or other similar authority, including the Brazilian Securities and Exchange Commission (Comissaéo de valores Mobilidrios - or the “CVM”). Interest in the Fund will not be directly or indirectly offered or sold within Brazil through any

or unauthorized. This document has not been delivered for registration to the relevant regulators or financial supervisory bodies in Brazil, such as the Brazilian Securities and Exchange Commission (Comissao de Valores Mobilidrios — CVM) nor has its content been reviewed or approved by any such regulators or financial supervisory bodies. The sec