INSURANCE

Galapagos Capital points out that this publication has been prepared by Galapagos Capital Ltda. (“Galapagos Capital”) for information purposes only and has been produced with the best efforts to produce content suitable for its investors. Galapagos Capital points out that this material is not characterized as an investment recommendation or allocation suggestion, nor as an investment offer or solicitation. In this regard, Galapagos Capital emphasizes that it is not responsible for any decision made by the investor based on this document, nor for any act carried out by professionals consulted by the investor. Investors are advised to obtain independent financial advice, based on their personal characteristics, before making an investment decision. In this regard, Galapagos Capital clarifies that: (i) the profitability obtained in the past does not represent a guarantee of future results; (ii) any profitability disclosed is not net of taxes; and, (iii) the financial assets included in this portfolio may not have immediate liquidity, and their terms and/or profitability may vary according to the maturity or redemption period of each asset, if it is traded in advance. Furthermore, despite its diligence in obtaining up-to-date data and preparing the information presented, Galapagos Capital cannot be held responsible for the accidental publication of incorrect or incomplete information. The information contained in this material is based on real simulations and the actual results could be significantly different. Lastly, Galapagos Capital undertakes no obligation to publish any revisions or update these projections and estimates in the light of events or circumstances occurring after the date of this document. For more information visit our website https://www.galapagoscapital.com