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Dividend

Terms and Conditions

At least 25% (twenty-five percent) of Net Profit, less or increased by the amounts destined to the constitution of a legal reserve and the formation or reversal of the contingency reserve, will be attributed to the payment of the mandatory minimum dividend, including dividends distributed therein as interest on own capital, to all its shareholders, in compliance with the provisions of Article 202, items II and III of the Brazilian Corporation Law.