Legal Notices / Risk Factors

This website contains certain forward-looking statements, particularly in the sections entitled “Risk factors”, “History and Corporate Profile”, “Strategy and Competitive Advantages”, and “Brazilian Port and Maritime Logistics Industry”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results of our operations, financial condition, performance, or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause our actual results, performance or achievements to differ materially from those expressed in these forward-looking statements include, among others:

• Our ability to obtain financing for projects;
• conditions and availability of governmental authorization and licenses for our operations;
• availability of experienced staff;
• commercial, economic, and political conditions in Brazil;
• the interests of our controlling shareholder;
• our level of capitalization and debt;
• inflation, interest rate fluctuations, and changes in the unemployment rate;
• government intervention in the maritime transportation sector that could trigger regulatory, tax or other economic changes; and
• other risk factors described in the “Risk Factors” section of this website.

The words “believe,” “understand,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect” and similar words are intended to identify estimates and forward-looking statements. Estimates and forwardlooking statements speak only as of the date they were made, and we undertake no obligation to update or to review any estimate and/or forward-looking statement because of new information, future events or other factors. Estimates and forward-looking statements involve risks and uncertainties and are not guarantees of future performance. Our future results may differ materially from those expressed in these estimates and forward-looking statements. In light of the risks and uncertainties described above, the estimates and forwardlooking statements discussed in this website might not occur and our future results and performance may differ materially from those expressed in these forward-looking statements due to, including but not limited to, the factors mentioned above. Because of these uncertainties, you should not make any investment decision based on these estimates and forward-looking statements.