Baixe o app para aproveitar ainda mais
Prévia do material em texto
Aula 01 Raciocínio Lógico p/ IBGE - 2016 (Analista e Tecnologista) Professores: Arthur Lima, Luiz Gonçalves 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� � $8/$�����/Ï*,&$�'(�352326,d®(6��,1752'8d2�� � 680È5,2� 3È*,1$� ���7HRULD� ��� ���5HVROXomR�GH�TXHVW}HV� ��� ���/LVWD�GDV�TXHVW}HV�DSUHVHQWDGDV�QD�DXOD�� ��� ���*DEDULWR� ���� � 2Oi�� � +RMH�FRPHoDPRV�R�HVWXGR�GR�VHJXLQWH�WySLFR�GR�~OWLPR�HGLWDO�� � 1Ro}HV�EiVLFDV�GH�OyJLFD��FRQHFWLYRV��WDXWRORJLD�H�FRQWUDGLF֚R +HV��LPSOLFDF֚R +HV�H� HTXLYDOHո QFLDV��DILUPDo}HV�H�QHJDo}HV��VLORJLVPRV�� � 'HGLFDUHPRV�D�SUy[LPD�DXOD�SDUD�DSURIXQGDU�H�UHIRUoDU�R�VHX�HQWHQGLPHQWR� VREUH�RV�DVVXQWRV�TXH�LQLFLDUHPRV�KRMH�� 8PD�ERD�DXOD�SDUD�WRGRV�QyV�� � ���7(25,$� ����,QWURGXomR� � 3DUD�FRPHoDU�HVWH�DVVXQWR��YRFr�SUHFLVD�VDEHU�TXH�XPD�SURSRVLomR�p�XPD� RUDomR�GHFODUDWLYD�TXH�DGPLWD�XP�YDORU�OyJLFR��9�±�YHUGDGHLUR�RX�)�±�IDOVR���([���$� EROD� p� D]XO�� 9HMD� TXH� QmR� H[LVWH� PHLR� WHUPR�� RX� D� EROD� p� UHDOPHQWH� GH� FRU� D]XO�� WRUQDQGR� D� SURSRVLomR� YHUGDGHLUD�� RX� D� EROD� p� GH� RXWUD� FRU�� VHQGR� D� SURSRVLomR� IDOVD�� 2EVHUYH� TXH� QHP� WRGD� IUDVH� SRGH� VHU� FRQVLGHUDGD� XPD� SURSRVLomR�� 3RU� H[HPSOR�� D� H[FODPDomR� ³%RP� GLD�´� QmR� SRGH� VHU� FODVVLILFDGD� FRPR� YHUGDGHLUD� RX� IDOVD�� 2� PHVPR� RFRUUH� FRP� DV� IUDVHV� ³4XDO� R� VHX� QRPH"´� RX� ³9i� GRUPLU´�� TXH� WDPEpP�QmR� WrP�XP�YDORU� OyJLFR� �9�RX�)���1R�HVWXGR�GH� OyJLFD�GH�DUJXPHQWDomR�� XVDPRV�OHWUDV���SULQFLSDOPHQWH�S��T�H�U��SDUD�VLPEROL]DU�XPD�SURSRVLomR��� � � e�LPSRUWDQWH�WDPEpP�FRQKHFHU�DOJXQV�SULQFtSLRV�UHODWLYRV�jV�SURSRVLo}HV��2� SULQFtSLR� GD� QmR�FRQWUDGLomR� GL]� TXH� XPD� SURSRVLomR� QmR� SRGH� VHU�� DR� PHVPR� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� WHPSR��9HUGDGHLUD�H�)DOVD��2X�XPD�FRLVD�RX�RXWUD��-i�R�SULQFtSLR�GD�H[FOXVmR�GR� WHUFHLUR� WHUPR�GL]�TXH�QmR�Ki�XP�PHLR�WHUPR�HQWUH�9HUGDGHLUR�RX�)DOVR��3RUWDQWR�� VH�WHPRV�XPD�SURSRVLomR�S��H[HPSOR��³��PDLV���QmR�p�LJXDO�D��´���VDEHPRV�TXH�� �� VH� HVVD� IUDVH� p� YHUGDGHLUD�� HQWmR� HOD� QmR� SRGH� VHU� IDOVD�� H� YLFH�YHUVD� �QmR� FRQWUDGLomR���H� ��QmR�p�SRVVtYHO�TXH�HVVD�IUDVH�VHMD�³PHLR�YHUGDGHLUD´�RX�³PHLR�IDOVD´��HOD�GHYH�VHU� VRPHQWH�9HUGDGHLUD�RX�VRPHQWH�)DOVD��H[FOXVmR�GR�WHUFHLUR�WHUPR��� � 8PD� REVHUYDomR� LPSRUWDQWH�� QmR� VH� SUHRFXSH� WDQWR� FRP� R� FRQWH~GR� GD� SURSRVLomR��4XHP�QRV�GLUi�VH�D�SURSRVLomR�p�YHUGDGHLUD�RX�IDOVD�p�R�HQXQFLDGR�GR� H[HUFtFLR��$R�UHVROYHU�H[HUFtFLRV�YRFr�YHUi�TXH��D�SULQFtSLR��FRQVLGHUDPRV�WRGDV�DV� SURSRVLo}HV� IRUQHFLGDV� FRPR� VHQGR� YHUGDGHLUDV�� D� PHQRV� TXH� R� H[HUFtFLR� GLJD� R� FRQWUiULR��6H�XP�H[HUFtFLR�GLVVHU�TXH�D�SURSRVLomR�³������ ��´�p�9HUGDGHLUD��YRFr� GHYH�DFHLWDU�LVVR��DLQGD�TXH�VDLED�TXH�R�FRQWH~GR�GHOD�QmR�p�UHDOPHQWH�FRUUHWR��,VWR� SRUTXH�HVWDPRV�WUDEDOKDQGR�FRP�/yJLFD�IRUPDO�� 9HMDPRV�GXDV�SURSRVLo}HV�H[HPSOLILFDWLYDV�� S��&KRYH�DPDQKm�� T��(X�YRX�j�HVFROD�� � 1RWH�TXH��GH�IDWR��S�H�T�VmR�GXDV�SURSRVLo}HV��SRLV�FDGD�XPD�GHODV�SRGH�VHU� 9HUGDGHLUD�RX�)DOVD��� � 'XDV� RX� PDLV� SURSRVLo}HV� SRGHP� VHU� FRPELQDGDV�� FULDQGR� SURSRVLo}HV� FRPSRVWDV�� XWLOL]DQGR� SDUD� LVVR� RV� RSHUDGRUHV� OyJLFRV�� 9DPRV� FRQKHFr�ORV� HVWXGDQGR� DV� SULQFLSDLV� IRUPDV� GH� SURSRVLo}HV� FRPSRVWDV�� 3DUD� LVVR�� XVDUHPRV� FRPR�H[HPSOR�DV�GXDV�SURSRVLo}HV�TXH� Mi� YLPRV�DFLPD��9HMDPRV�FRPR�SRGHPRV� FRPELQi�ODV�� �� D�� &RQMXQomR� �³H´��� WUDWD�VH� GH� XPD� FRPELQDomR� GH� SURSRVLo}HV� XVDQGR� R� RSHUDGRU�OyJLFR�³H´��RX�VHMD��GR�WLSR�³S�H�T´��3RU�H[HPSOR��³&KRYH�DPDQKm�H�HX� YRX�j�HVFROD´��8WLOL]DPRV�R�VtPEROR�A�SDUD�UHSUHVHQWDU�HVWH�RSHUDGRU��2X�VHMD�� DR�LQYpV�GH�HVFUHYHU�³S�H�T´��SRGHPRV�HVFUHYHU�³ S T ´�� 9HMD�TXH��DR�GL]HU�TXH�³&KRYH�DPDQKm�H�HX�YRX�j�HVFROD´��HVWRX�DILUPDQGR�TXH� DV� GXDV� FRLVDV� DFRQWHFHP� �FKRYHU� H� LU� j� HVFROD��� (P� RXWUDV� SDODYUDV�� HVWD� SURSRVLomR�FRPSRVWD�Vy�SRGH�VHU�9HUGDGHLUD�VH�DV�GXDV�SURSRVLo}HV�VLPSOHV�TXH� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� D�FRPS}HP�IRUHP�YHUGDGHLUDV��LVWR�p��DFRQWHFHUHP��6H�FKRYHU�H��PHVPR�DVVLP��HX� QmR�IRU�j�HVFROD��VLJQLILFD�TXH�D�FRQMXQomR�DFLPD�p�)DOVD��'D�PHVPD�IRUPD��VH�QmR� FKRYHU�H�PHVPR�DVVLP�HX�IRU�j�HVFROD��D�H[SUHVVmR�DFLPD�WDPEpP�p�)DOVD��� 3RUWDQWR�� SDUD� DQDOLVDU� VH� D� SURSRVLomR� FRPSRVWD� p� 9HUGDGHLUD� RX� )DOVD�� GHYHPRV� ROKDU� FDGD� XPD� GDV� SURSRVLo}HV� TXH� D� FRPS}HP�� -i� YLPRV� TXH� VH� S� DFRQWHFH� �S� p� 9HUGDGHLUD�� H� T� DFRQWHFH� �T� p� 9HUGDGHLUD��� D� H[SUHVVmR� S� H� T� p� 9HUGDGHLUD��(VWD�p�D�SULPHLUD�OLQKD�GD�WDEHOD�DEDL[R��-i�VH�S�DFRQWHFH��9���LVWR�p��VH� FKRYH�� H� T� QmR� DFRQWHFH� �)��� RX� VHMD�� HX� QmR� YRX� j� HVFROD�� D� H[SUHVVmR� LQWHLUD� WRUQD�VH� IDOVD�� ,VWR� WDPEpP�RFRUUH�VH�S�QmR�DFRQWHFH��)��H�T�DFRQWHFH��9���(VWDV� VmR� DV� GXDV� OLQKDV� VHJXLQWHV� GD� WDEHOD� DEDL[R�� )LQDOPHQWH�� VH� QHP� S� QHP� T� DFRQWHFHP��DPEDV�VmR�)DOVDV���D�H[SUHVVmR� LQWHLUD� WDPEpP�VHUi� IDOVD��9HMD�HVWD� WDEHOD�� 9DORU�OyJLFR�GH�S� �³&KRYH�DPDQKm´�� 9DORU�OyJLFR�GH�T� �³(X�YRX�j�HVFROD´�� 9DORU�OyJLFR�GH�S�H�T� � S T �� 9� 9� 9� 9� )� )� )� 9� )� )� )� )� � $�WDEHOD�DFLPD�p�FKDPDGD�GH�WDEHOD�YHUGDGH�GD�SURSRVLomR�FRPELQDGD�³S�H�T´�� 1HVWD� WDEHOD� SRGHPRV� YLVXDOL]DU� TXH� D� ~QLFD� IRUPD� GH� WRUQDU� D� SURSRVLomR� YHUGDGHLUD�RFRUUH�TXDQGR�WDQWR�S�TXDQWR�T�VmR�YHUGDGHLUDV��(�TXH��SDUD�GHVPHQWL� OD� �WRUQDU� WRGD� D� SURSRVLomR� IDOVD��� EDVWD� SURYDU� TXH� SHOR� PHQRV� XPD� GDV� SURSRVLo}HV�TXH�D�FRPS}HP�p�IDOVD�� � E�� 'LVMXQomR��³RX´���HVWD�p�XPD�FRPELQDomR�XVDQGR�R�RSHUDGRU�³RX´��LVWR�p��³S�RX� T´��WDPEpP�SRGHPRV�HVFUHYHU� S T ���([���³&KRYH�DPDQKm�RX�HX�YRX�j�HVFROD´��� 9HMD�TXH��DR�GL]HU�HVWD�IUDVH��HVWRX�DILUPDQGR�TXH�SHOR�PHQRV�XPD�GDV�FRLVDV� YDL� DFRQWHFHU�� FKRYHU� DPDQKm� RX� HX� LU� j� HVFROD�� 6H� XPD� GHODV� RFRUUHU�� Mi� HVWRX� GL]HQGR� D� YHUGDGH�� LQGHSHQGHQWHPHQWH� GD� RXWUD� RFRUUHU� RX� QmR�� $JRUD�� VH� QHQKXPD�GHODV�DFRQWHFHU��QmR�FKRYHU�H��DOpP�GLVVR��HX�QmR�IRU�j�HVFROD���D�PLQKD� IUDVH�HVWDUi�IDOVD��$�WDEHOD�DEDL[R�UHVXPH�HVWDV�SRVVLELOLGDGHV�� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� � 9DORU�OyJLFR�GH�S� �³&KRYH�DPDQKm´�� 9DORU�OyJLFR�GH�T� �³(X�YRX�j�HVFROD´�� 9DORU�OyJLFR�GH�S�RX�T� � S T �� 9� 9� 9� 9� )� 9� )� 9� 9� )� )� )� � &RPR� YRFr� SRGH� YHU� QD� FROXQD� GD� GLUHLWD�� D� ~QLFD� SRVVLELOLGDGH� GH� XPD� 'LVMXQomR�GR�WLSR�S�RX�T�VHU�IDOVD�RFRUUH�TXDQGR�WDQWR�S�TXDQWR�T�QmR�DFRQWHFHP�� LVWR�p��VmR�IDOVDV��� � 7DOYH]� YRFr� WHQKD� HVWUDQKDGR� D� SULPHLUD� OLQKD� GD� WDEHOD�� 1D� OtQJXD� SRUWXJXHVD�� ³RX´�p�XWLOL]DGR�SDUD� UHSUHVHQWDU�DOWHUQDWLYDV�H[FOXGHQWHV�HQWUH�VL� �LVWR� p��Vy�XPD�FRLVD�SRGHULD�DFRQWHFHU��FKRYHU�RX�HQWmR�HX� LU�j�HVFROD���$VVLP�� WDOYH]� YRFr�HVSHUDVVH�TXH��FDVR�S�IRVVH�YHUGDGHLUD�H�T�WDPEpP�IRVVH�YHUGDGHLUD��D�IUDVH� LQWHLUD�VHULD�IDOVD��9HMD�TXH�LVWR�QmR�RFRUUH�DTXL��9HUHPRV�LVVR�QR�SUy[LPR�LWHP��DR� HVWXGDU�D�GLVMXQomR�H[FOXVLYD��� � F�� 'LVMXQomR�H[FOXVLYD��2X�H[FOXVLYR���HVWD�p�XPD�FRPELQDomR�GR�WLSR�³RX�S�RX� T´��VLPEROL]DGD�SRU� S T ���([���³2X�FKRYH�DPDQKm�RX�HX�YRX�j�HVFROD´��$TXL��DR�FRQWUiULR�GD�'LVMXQomR�TXH�YLPRV�DFLPD��D�SURSRVLomR�FRPSRVWD�Vy�p� YHUGDGHLUD�VH�XPD�GDV�SURSRVLo}HV�IRU�YHUGDGHLUD�H�D�RXWUD�IRU�IDOVD��,VWR�p��VH�HX� GLJR� ³2X� FKRYH� DPDQKm� RX� HX� YRX� j� HVFROD´�� SRUpP� DV� GXDV� FRLVDV� RFRUUHP� �DPDQKm�FKRYH�H��DOpP�GLVVR��HX�YRX�j�HVFROD���D�IUDVH�VHUi�IDOVD�FRPR�XP�WRGR�� 9HMD�DEDL[R�D�WDEHOD�YHUGDGH�GHVWH�RSHUDGRU�OyJLFR��FKDPDGR�PXLWDV�YH]HV�GH�³2X� H[FOXVLYR´��HP�RSRVLomR�DR�³RX´�DOWHUQDWLYR�TXH�YLPRV�DFLPD�� 9DORU�OyJLFR�GH�S� �³&KRYH�DPDQKm´�� 9DORU�OyJLFR�GH�T� �³(X�YRX�j�HVFROD´�� 9DORU�OyJLFR�GH�2X�S�RX�T� � S T �� 9� 9� )� 9� )� 9� )� 9� 9� )� )� )� � 0DUTXHL� HP� YHUPHOKR� D� ~QLFD� PXGDQoD� TXH� WHPRV� HP� UHODomR� DR� FDVR� DQWHULRU�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� � G�� &RQGLFLRQDO� �LPSOLFDomR��� XPD� FRQGLFLRQDO� p� XPD� FRPELQDomR� GR� WLSR� ³VH� S�� HQWmR�T´��VLPEROL]DGD�SRU� S To ���8VDQGR�R�QRVVR�H[HPSOR��SRGHPRV�PRQWDU�D� SURSRVLomR�FRPSRVWD�³6H�FKRYH�DPDQKm��HX�YRX�j�HVFROD´�� (VWD�p�D�SURSRVLomR�FRPSRVWD�PDLV�FRPXP�HP�SURYDV�GH�FRQFXUVR��&KDPDPRV� HVWH� FDVR� GH� &RQGLFLRQDO� SRUTXH� WHPRV� XPD� FRQGLomR� �³VH� FKRYH� DPDQKm´��TXH�� FDVR�YHQKD�D�RFRUUHU��ID]�FRP�TXH�DXWRPDWLFDPHQWH�D�VXD�FRQVHTXrQFLD��³HX�YRX�j� HVFROD´�� WHQKD� TXH� DFRQWHFHU�� ,VWR� p�� VH� S� IRU� 9HUGDGHLUD�� LVWR� REULJD� T� D� VHU� WDPEpP�9HUGDGHLUD��� 6H�D�FRQGLomR�S��³VH�FKRYH�DPDQKm´��QmR�RFRUUH��p�)DOVD���T�SRGH�RFRUUHU��9�� RX�QmR��)���H�DLQGD�DVVLP�D�IUDVH�p�9HUGDGHLUD��3RUpP�VH�D�FRQGLomR�RFRUUH��S�p�9�� H�R�UHVXOWDGR�QmR�RFRUUH��T�p�)���HVWDPRV�GLDQWH�GH�XPD�SURSRVLomR�FRPSRVWD�TXH� p�)DOVD�FRPR�XP�WRGR��7XGR�R�TXH�GLVVHPRV�DFLPD�OHYD�D�HVWD�WDEHOD�� 9DORU�OyJLFR�GH�S� �³&KRYH�DPDQKm´�� 9DORU�OyJLFR�GH�T� �³(X�YRX�j�HVFROD´�� 9DORU�OyJLFR�GH�6H�S�� HQWmR�T�� S To �� 9� 9� 9� 9� )� )� )� 9� 9� )� )� 9� �� H�� %LFRQGLFLRQDO� �³VH�H�VRPHQWH�VH´���XPD�ELFRQGLFLRQDO�p�XPD�FRPELQDomR�GR� WLSR�³S�VH�H�VRPHQWH�VH�T´� �VLPEROL]DGD�SRU� S Tl ���([���³&KRYH�DPDQKm�VH�H� VRPHQWH�VH�HX�YRX�j�HVFROD´��� � 4XDQGR�DOJXpP�QRV�GL]�D�IUDVH�DFLPD��HOD�TXHU�GL]HU�TXH��QHFHVVDULDPHQWH�� DV� GXDV� FRLVDV� DFRQWHFHP� MXQWDV� �RX� HQWmR� QHQKXPD� GHODV� DFRQWHFH��� $VVLP�� VDEHQGR� TXH� DPDQKm� FKRYH�� Mi� VDEHPRV� TXH� D� SHVVRD� YDL� j� HVFROD�� 'D� PHVPD� IRUPD�� VDEHQGR�TXH�D�SHVVRD� IRL� j�HVFROD�� HQWmR�VDEHPRV�TXH�FKRYHX��3RU�RXWUR� ODGR��VDEHQGR�TXH�QmR�FKRYHX��VDEHPRV�DXWRPDWLFDPHQWH�TXH�D�SHVVRD�QmR�IRL�j� HVFROD��� � 1RWH�� SRUWDQWR�� TXH� D� H[SUHVVmR� S Tl � Vy� p� YHUGDGHLUD� TXDQGR� WDQWR� S� TXDQWR� T� DFRQWHFHP� �VmR� 9HUGDGHLUDV��� RX� HQWmR� TXDQGR� DPEDV� QmR� DFRQWHFHP� �VmR� )DOVDV��� 6H� RFRUUHU� RXWUR� FDVR� �FKRYHU� H� D� SHVVRD� QmR� IRU� j� HVFROD�� SRU� H[HPSOR���D�H[SUHVVmR� S Tl p�)DOVD��,VVR�HVWi�UHVXPLGR�QD�WDEHOD�DEDL[R�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� 9DORU�OyJLFR�GH�S� �³&KRYH�DPDQKm´�� 9DORU�OyJLFR�GH�T� �³(X�YRX�j�HVFROD´�� 9DORU�OyJLFR�GH�S�VH�H� VRPHQWH�VH�T�� S Tl �� 9� 9� 9� 9� )� )� )� 9� )� )� )� 9� � 1RYDPHQWH�� PDUTXHL� HP� YHUPHOKR� D� ~QLFD� FRLVD� TXH� PXGRX� HP� UHODomR� j� FRQGLFLRQDO� S To �� � � ,03257$17(�� 6DLED� TXH� ³H´�� ³RX´�� ³RX�� ���� RX���´�� ³VH����� HQWmR���´�� ³VH� H� VRPHQWH�VH´�VmR�DV�IRUPDV�EiVLFDV�GRV�FRQHFWLYRV�FRQMXQomR��GLVMXQomR��GLVMXQomR� H[FOXVLYD��FRQGLFLRQDO�H�ELFRQGLFLRQDO��(QWUHWDQWR��YiULDV�TXHVW}HV�H[SORUDP�IRUPDV� ³DOWHUQDWLYDV´�GH�VH�H[SUHVVDU�FDGD�XPD�GHVVDV�SURSRVLo}HV�FRPSRVWDV��$R� ORQJR� GDV�TXHVW}HV�TXH�UHVROYHUPRV�QHVVD�H�QD�SUy[LPD�DXOD��YRFr�DSUHQGHUi�D�OLGDU�FRP� HVWDV�DOWHUQDWLYDV��9HMD�RV�FDVRV�TXH�FRQVLGHUR�PDLV�LPSRUWDQWHV�� � ��&RQHFWLYR�³PDV´�FRP�LGpLD�GH�FRQMXQomR��³H´���([���&KRYH��PDV�YRX�j�HVFROD�� 2EVHUYH�TXH�TXHP�GL]�HVWD� IUDVH�HVWi�DILUPDQGR�TXH�GXDV�FRLVDV�DFRQWHFHP���� � FKRYH��H��� �YRX�j�HVFROD��1R�HVWXGR�GD�OyJLFD��LVWR�p�R�PHVPR�TXH�GL]HU�³&KRYH�H� YRX�j�HVFROD´��3RUWDQWR��R�³PDV´�HVWi�VHQGR�XVDGR�SDUD�IRUPDU�XPD�FRQMXQomR�� � �� &RQHFWLYR� ³RX´� SUHFHGLGR� SRU� YtUJXOD�� FRP� LGHLD� GH� ³RX� H[FOXVLYR´�� ([��� &KRYH��RX�YRX�j�HVFROD��$TXL�D�SDXVD�FULDGD�SHOD�YtUJXOD�QRV�SHUPLWH�GHSUHHQGHU� TXH�DSHQDV�XPD�FRLVD�RFRUUH��RX�FKRYH��RX�YRX�j�HVFROD��$VVLP��WHPRV�XPD�IRUPD� DOWHUQDWLYD�GH�UHSUHVHQWDU�R�³RX������RX���´�TXH�HVWXGDPRV�QD�GLVMXQomR�H[FOXVLYD�� � ��&RQGLFLRQDO�XWLOL]DQGR�³4XDQGR���´�RX�³7RGD�YH]�TXH���´��([HPSORV���� ��4XDQGR�FKRYH��YRX�j�HVFROD�� ���7RGD�YH]�TXH�FKRYH�YRX�j�HVFROD�� � 9HMD�TXH�QRV�GRLV�FDVRV�DFLPD�WHPRV�IRUPDV�DOWHUQDWLYDV�GH�DSUHVHQWDU�XPD� FRQGLomR� �³FKRYH´��TXH� OHYD�D�XPD�FRQVHTXrQFLD� �³YRX�j�HVFROD´���3RUWDQWR��HVWDV� VmR�IRUPDV�DOWHUQDWLYDV�DR�FOiVVLFR�³VH������HQWmR����´�GD�FRQGLFLRQDO�� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� ��8VR�GR�³���RX�����PDV�QmR�DPERV´�FRP�LGHLD�GH�GLVMXQomR�H[FOXVLYD��([���³-RJR� EROD� RX� FRUUR�� PDV� QmR� DPERV´�� 5HSDUH� TXH� D� SULPHLUD� SDUWH� GHVVD� IUDVH� p� XPD� GLVMXQomR�FRPXP��LQFOXVLYD���PDV�D�H[SUHVVmR�³PDV�QmR�DPERV´�H[FOXL�R�FDVR�RQGH� ³MRJR� EROD´� p� 9� H� ³FRUUR´� WDPEpP� p� 9�� ,VWR� p�� SDVVDPRV� D� WHU� XPD� GLVMXQomR� H[FOXVLYD�� $OJXQV� DXWRUHV� HQWHQGHP� TXH� Vy� WHPRV� GLVMXQomR� H[FOXVLYD� VH� D� H[SUHVVmR� ³PDV� QmR� DPERV´� HVWLYHU� SUHVHQWH� �DLQGD� TXH� WHQKDPRV� ³RX����� RX� ���´��� PDV� LVVR� QmR� SRGH� VHU� FRQVLGHUDGR� XPD� YHUGDGH� DEVROXWD�� 7UDEDOKDUHPRV� HVVH� SUREOHPD�DR�ORQJR�GDV�TXHVW}HV�� � � 6REUH�SURSRVLo}HV�FRPSRVWDV��YHMD�XPD�TXHVWmR�LQWURGXWyULD�� � ���)&&�±�,&06�63�±�������&RQVLGHUH�D�SURSRVLomR�³3DXOD�HVWXGD��PDV�QmR�SDVVD� QR�FRQFXUVR´��1HVVD�SURSRVLomR��R�FRQHFWLYR�OyJLFR�p��� D��FRQGLFLRQDO� E��ELFRQGLFLRQDO� F��GLVMXQomR�LQFOXVLYD� G��FRQMXQomR� H��GLVMXQomR�H[FOXVLYD� 5(62/8d2�� � 9LPRV� ORJR� DFLPD� TXH� R� ³PDV´� SRGH� VHU� XWLOL]DGR� SDUD� UHSUHVHQWDU� R� FRQHFWLYR� FRQMXQomR� �³H´��� 'R� SRQWR� GH� YLVWD� OyJLFR�� D� IUDVH� ³3DXOD� HVWXGD� H� QmR� SDVVD�QR�FRQFXUVR´�WHP�R�PHVPR�YDORU�GD�IUDVH�GR�HQXQFLDGR��,VWR�SRUTXH�R�DXWRU� GD�IUDVH�TXHU�GL]HU��EDVLFDPHQWH��TXH�GXDV�FRLVDV�VmR�YHUGDGHLUDV�� ��3DXOD�HVWXGD� ��3DXOD�QmR�SDVVD�QR�FRQFXUVR� � 3RUWDQWR��WHPRV�XPD�FRQMXQomR��OHWUD�'���� $R�HVWXGDU�3RUWXJXrV��YRFr�YHUi�TXH�R�³PDV´�WHP�IXQomR�DGYHUVDWLYD��,VWR�p�� R�DXWRU�GD�IUDVH�QmR�TXHU�GL]HU�DSHQDV�TXH�DV�GXDV�FRLVDV�VmR�YHUGDGHLUDV��(OH�XVD� R� ³PDV´� SDUD� UHVVDOWDU� R� IDWR� GH� TXH� HVVDV�FRLVDV� VmR�� HP� WHVH�� RSRVWDV� HQWUH� VL� �HVSHUD�VH� TXH� TXHP� HVWXGD� VHMD� DSURYDGR��� 3RU� PDLV� LPSRUWDQWH� TXH� VHMD� HVWH� GHWDOKH�VHPkQWLFR�QDTXHOD�GLVFLSOLQD��DTXL�QD�/yJLFD�3URSRVLFLRQDO�GHYHPRV�WUDWDU� HVWDV�SURSRVLo}HV�FRPR�VHQGR�HTXLYDOHQWHV�� 5HVSRVWD��'� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� ����1HJDomR�GH�SURSRVLo}HV�VLPSOHV� � 5HSUHVHQWDPRV�D�QHJDomR�GH�XPD�SURSRVLomR�VLPSOHV�³S´�SHOR�VtPEROR�³aS´� �OHLD�QmR�S��7DPEpP�SRGHPRV�XVDU�D�QRWDomR� S ��TXH�p�PHQRV�XVXDO��6DEHPRV� TXH� R� YDORU� OyJLFR� GH� ³S´� H� ³aS´� VmR� RSRVWRV�� LVWR� p�� VH� S� p� XPD� SURSRVLomR� YHUGDGHLUD��aS�VHUi�IDOVD��H�YLFH�YHUVD�� � 4XDQGR� WHPRV� XPD�SURSRVLomR�VLPSOHV��SRU�H[��� ³&KRYH� DJRUD´�� ³7RGRV� RV� QRUGHVWLQRV� VmR� IRUWHV´�� ³$OJXP� EUDVLOHLUR� p� PLQHLUR´��� SRGHPRV� QHJDU� HVVD� SURSRVLomR�VLPSOHVPHQWH�LQVHULQGR�³1mR�p�YHUGDGH�TXH���´�HP�VHX�LQtFLR��9HMD�� ��1mR�p�YHUGDGH�TXH�FKRYH�DJRUD� ��1mR�p�YHUGDGH�TXH�WRGRV�RV�QRUGHVWLQRV�VmR�IRUWHV� ��1mR�p�YHUGDGH�TXH�DOJXP�EUDVLOHLUR�p�PLQHLUR� � (QWUHWDQWR�� QD� PDLRULD� GRV� H[HUFtFLRV� VHUmR� VROLFLWDGDV� RXWUDV� IRUPDV� GH� QHJDU�XPD�SURSRVLomR��3DUD�GHVFREULU�D�QHJDomR��EDVWD�YRFr�VH�SHUJXQWDU��R�TXH� HX�SUHFLVDULD�ID]HU�SDUD�SURYDU�TXH�TXHP�GLVVH�HVVD�IUDVH�HVWi�PHQWLQGR"�6H�YRFr� IRU�FDSD]�GH�GHVPHQWL�OR��YRFr�VHUi�FDSD]�GH�QHJi�OR��� � 6H� -RmR� QRV� GLVVH� TXH� ³&KRYH� DJRUD´�� EDVWDULD� FRQILUPDU� TXH� QmR� HVWi� FKRYHQGR� DJRUD� SDUD� GHVPHQWL�OR�� 3RUWDQWR�� D� QHJDomR� VHULD� VLPSOHVPHQWH� ³1mR� FKRYH�DJRUD´�� � (QWUHWDQWR�� FDVR� -RmR� QRV� GLJD� TXH� ³7RGRV� RV� QRUGHVWLQRV� VmR� IRUWHV´�� EDVWDULD� HQFRQWUDUPRV� XP� ~QLFR� QRUGHVWLQR� TXH� QmR� IRVVH� IRUWH� SDUD� GHVPHQWL�OR�� 3RUWDQWR��D�QHJDomR�GHVWD�DILUPDomR�SRGH�VHU��HQWUH�RXWUDV�SRVVLELOLGDGHV�� ��³3HOR�PHQRV�XP�QRUGHVWLQR�QmR�p�IRUWH´� ��³$OJXP�QRUGHVWLQR�QmR�p�IRUWH´� ��³([LVWH�QRUGHVWLQR�TXH�QmR�p�IRUWH´� � -i�VH�-RmR�QRV�GLVVHVVH�TXH�³$OJXP�QRUGHVWLQR�p�IRUWH´��EDVWD�TXH�XP�~QLFR� QRUGHVWLQR�VHMD�UHDOPHQWH�IRUWH�SDUD�TXH�D�IUDVH�GHOH�VHMD�YHUGDGHLUD��3RUWDQWR��DTXL� p� PDLV� GLItFLO� GHVPHQWL�OR�� SRLV� SUHFLVDUtDPRV� DQDOLVDU� WRGRV� RV� QRUGHVWLQRV� H� PRVWUDU� TXH� QHQKXP� GHOHV� p� IRUWH�� $VVLP�� D� QHJDomR� VHULD�� HQWUH� RXWUDV� SRVVLELOLGDGHV�� ��³1HQKXP�QRUGHVWLQR�p�IRUWH´� ��³1mR�H[LVWH�QRUGHVWLQR�IRUWH´� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ?�� � $� WDEHOD� DEDL[R� UHVXPH� DV� SULQFLSDLV� IRUPDV� GH� QHJDomR� GH� SURSRVLo}HV� VLPSOHV��9HMD�TXH��DVVLP�FRPR�YRFr�SRGH�XVDU�DV�GD�FROXQD�GD�GLUHLWD�SDUD�QHJDU� IUDVHV� FRP� DV� H[SUHVV}HV� GD� FROXQD� GD� HVTXHUGD�� YRFr� WDPEpP� SRGH� ID]HU� R� FRQWUiULR��� �3URSRVLomR�³S´� 3URSRVLomR�³aS´� 0HX�JDWR�p�SUHWR� 0HX�JDWR�QmR�p�SUHWR� 7RGRV�JDWRV�VmR�SUHWRV� $OJXP�SHOR�PHQRV�XP�H[LVWH�JDWR��TXH��QmR� p�SUHWR� 1HQKXP�JDWR�p�SUHWR� $OJXP�SHOR�PHQRV�XP�H[LVWH�JDWR��TXH��p� SUHWR� � � 1RWH� DLQGD� TXH� a�aS�� � S�� LVWR� p�� D� QHJDomR� GD� QHJDomR� GH� S� p� D� SUySULD� SURSRVLomR� S�� ,VWR� p�� QHJDU� GXDV� YH]HV� p� LJXDO� D� IDODU� D� YHUGDGH�� ([��� ³1mR� p� YHUGDGH�TXH�PHX�JDWR�QmR�p�SUHWR´�Æ�HVWD�IUDVH�p�HTXLYDOHQWH�D�³0HX�JDWR�p�SUHWR´�� � 9HMD�DEDL[R�XPD�TXHVWmR�LQLFLDO�VREUH�QHJDomR�GH�SURSRVLo}HV�VLPSOHV��� � ���)&&�±�%DQFR�GR�%UDVLO�±�������8P�MRUQDO�SXEOLFRX�D�VHJXLQWH�PDQFKHWH�� ³7RGD�$JrQFLD�GR�%DQFR�GR�%UDVLO�WHP�GpILFLW�GH�IXQFLRQiULRV�´� 'LDQWH� GH� WDO� LQYHUGDGH�� R� MRUQDO� VH� YLX� REULJDGR� D� UHWUDWDU�VH�� SXEOLFDQGR� XPD� QHJDomR� GH� WDO� PDQFKHWH�� 'DV� VHQWHQoDV� VHJXLQWHV�� DTXHOD� TXH� H[SUHVVDULD� GH� PDQHLUD�FRUUHWD�D�QHJDomR�GD�PDQFKHWH�SXEOLFDGD�p�� D��4XDOTXHU�$JrQFLD�GR�%DQFR�GR�%UDVLO�QmR�WrP�GpILFLW�GH�IXQFLRQiULRV� E��1HQKXPD�$JrQFLD�GR�%DQFR�GR�%UDVLO�WHP�GpILFLW�GH�IXQFLRQiULRV� F��$OJXPD�$JrQFLD�GR�%DQFR�GR�%UDVLO�QmR�WHP�GpILFLW�GH�IXQFLRQiULRV� G��([LVWHP�$JrQFLDV� FRP�GpILFLW�GH� IXQFLRQiULRV�TXH� QmR�SHUWHQFHP� DR�%DQFR� GR� %UDVLO� H��2�TXDGUR�GH�IXQFLRQiULRV�GR�%DQFR�GR�%UDVLO�HVWi�FRPSOHWR� 5(62/8d2�� � 2OKDQGR�D�PDQFKHWH�SXEOLFDGD�SHOR�MRUQDO��EDVWDULD�TXH�XP�OHLWRU�FRQVWDWDVVH� TXH� HP� SHOR� PHQRV� XPD� DJrQFLD� GR� %%� QmR� Ki� GpILFLW� H� HOH� Mi� WHULD� DUJXPHQWR� VXILFLHQWH� SDUD� GHVPHQWLU� R� MRUQDO�� DILQDO� R� MRUQDO� WLQKD� GLWR� TXH� WRGDV� DV� DJrQFLDV� SRVVXHP�GpILFLW��8PD�IRUPD�GHVVH�OHLWRU�H[SUHVVDU�VH�VHULD�GL]HQGR�� ³3HOR�PHQRV�XPD�DJrQFLD�GR�%%�QmR�WHP�GpILFLW�GH�IXQFLRQiULRV´�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � 8PD�RXWUD�IRUPD�GH�GL]HU�HVWD�PHVPD�IUDVH�VHULD�� ³$OJXPD�DJrQFLD�GR�%%�QmR�WHP�GpILFLW�GH�IXQFLRQiULRV´�� � 3RUWDQWR�� HVVD� IRL� D� IUDVH� TXH� R� MRUQDO� SUHFLVRX� XVDU� SDUD� D� UHWUDWDomR� �QHJDomR��GD�DQWHULRU�� 5HVSRVWD��&� � ����1HJDomR�GH�SURSRVLo}HV�FRPSRVWDV� � 4XDQGR� WHPRV� DOJXPD� GDV� SURSRVLo}HV� FRPSRVWDV� �FRQMXQomR�� GLVMXQomR�� GLVMXQomR�H[FOXVLYD��FRQGLFLRQDO�RX�ELFRQGLFLRQDO���SRGHPRV�XWLOL]DU�R�PHVPR�WUXTXH� SDUD�REWHU�D�VXD�QHJDomR��EXVFDU�XPD�IRUPD�GH�GHVPHQWLU�TXHP�HVWLYHVVH�IDODQGR� DTXHOD�IUDVH��9HMDPRV�DOJXQV�H[HPSORV�� � D�� &RQMXQomR�� ³&KRYH� KRMH� H� YRX� j� SUDLD´�� 6H� -RmR� QRV� GL]� HVVD� IUDVH�� HOH� HVWi� DILUPDQGR� TXH� DV� GXDV� FRLVDV� GHYHP� RFRUUHU� �VH� WLYHU� G~YLGD�� UHWRUQH� j� WDEHOD� YHUGDGH� GD� FRQMXQomR��� ,VWR� p�� SDUD� GHVPHQWL�OR�� EDVWDULD� SURYDU� TXH� SHOR� PHQRV� XPD�GHODV�QmR�RFRUUH�� ,VWR�p��D�SULPHLUD�FRLVD�QmR�RFRUUH�RX�D�VHJXQGD�FRLVD�QmR� RFRUUH� �RX� PHVPR� DV� GXDV� QmR� RFRUUHP��� 9HMD� TXH� SDUD� LVVR� SRGHPRV� XVDU� XPD� GLVMXQomR�� QHJDQGR� DV� GXDV� SURSRVLo}HV� VLPSOHV� FRPR� DSUHQGHPRV� QR� LWHP� DQWHULRU�� ³1mR�FKRYH� KRMH� RX�QmR�YRX�j�SUDLD´�� 'D� PHVPD� IRUPD�� VH�-RmR� WLYHVVH� GLWR�³7RGR�QRUGHVWLQR�p� IRUWH�H�QHQKXP�JDWR�p�SUHWR´��SRGHUtDPRV�QHJDU�XWLOL]DQGR� XPD� GLVMXQomR�� QHJDQGR� DV� GXDV� SURSRVLo}HV� VLPSOHV�� ³$OJXP� QRUGHVWLQR� QmR� p� IRUWH�RX�DOJXP�JDWR�p�SUHWR´�� � E�� 'LVMXQomR�� ³&KRYH� KRMH� RX� YRX� j� SUDLD´�� (VVD� DILUPDomR� p� YHUGDGHLUD� VH� SHOR� PHQRV�XPD�GDV�SURSRVLo}HV�VLPSOHV�IRU�YHUGDGHLUD���3RUWDQWR��SDUD�GHVPHQWLU�TXHP� D� GLVVH�� SUHFLVDPRV� SURYDU� TXH� DV� GXDV� FRLVDV� QmR� DFRQWHFHP�� LVWR� p�� DV� GXDV� SURSRVLo}HV�VmR�IDOVDV��$VVLP��D�QHJDomR�VHULD�XPD�FRQMXQomR��³1mR�FKRYH�KRMH�H� QmR�YRX�j�SUDLD´��-i�D�QHJDomR�GH�³7RGR�QRUGHVWLQR�p�IRUWH�RX�QHQKXP�JDWR�p�SUHWR´� VHULD�³$OJXP�QRUGHVWLQR�QmR�p�IRUWH�H�DOJXP�JDWR�p�SUHWR´�� � F�� 'LVMXQomR� H[FOXVLYD�� ³2X� FKRYH� KRMH� RX� YRX� j� SUDLD´�� � 5HFRUUHQGR� j� WDEHOD� YHUGDGH�� YRFr� YHUi� TXH� D� GLVMXQomR� H[FOXVLYD� Vy� p� YHUGDGHLUD� VH� XPD�� H� DSHQDV� XPD� GDV� SURSRVLo}HV� p� YHUGDGHLUD�� VHQGR� D� RXWUD� IDOVD�� $VVLP�� VH� PRVWUiVVHPRV� TXH�DPEDV�VmR�YHUGDGHLUDV��RX�TXH�DPEDV�VmR� IDOVDV��HVWDUtDPRV�GHVPHQWLQGR�R� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� DXWRU� GD� IUDVH�� 3DUD� LVVR�� SRGHPRV� XVDU� XPD� ELFRQGLFLRQDO�� ³&KRYH� KRMH� VH� H� VRPHQWH�VH�HX�YRX�j�SUDLD´��9HMD�TXH�HVWD�IUDVH�LQGLFD�TXH�RX�DFRQWHFHP�DV�GXDV� FRLVDV��FKRYHU�H�LU�j�SUDLD��RX�QmR�DFRQWHFH�QHQKXPD�GHODV��� � G��&RQGLFLRQDO��³6H�FKRYH�KRMH��HQWmR�YRX�j�SUDLD´��/HPEUD�VH�TXH�D�FRQGLFLRQDO�Vy� p�IDOVD�FDVR�D�FRQGLomR��S��VHMD�YHUGDGHLUD�H�R�UHVXOWDGR��T��VHMD�IDOVR"�3RUWDQWR��p� MXVWDPHQWH�LVVR�TXH�GHYHUtDPRV�SURYDU�VH�TXLVpVVHPRV�GHVPHQWLU�R�DXWRU�GD�IUDVH�� $� VHJXLQWH� FRQMXQomR� QRV� SHUPLWH� QHJDU� D� FRQGLFLRQDO�� ³&KRYH� KRMH� H� QmR� YRX� j� SUDLD´��� � H��%LFRQGLFLRQDO�� ³&KRYH�KRMH�VH�H�VRPHQWH�VH�YRX�j�SUDLD´��2�DXWRU�GD�IUDVH�HVWi� DILUPDQGR�TXH�DV�GXDV�FRLVDV��FKRYHU�H� LU�j�SUDLD��GHYHP�RFRUUHU� MXQWDV��RX�HQWmR� QHQKXPD�GHODV�SRGH�RFRUUHU��3RGHPRV�GHVPHQWL�OR�SURYDQGR�TXH�XPD�GDV�FRLVDV� RFRUUH� �p� YHUGDGHLUD�� HQTXDQWR� D� RXWUD� QmR� �p� IDOVD��� $� GLVMXQomR� H[FOXVLYD� QRV� SHUPLWH�ID]HU�LVVR��³2X�FKRYH�KRMH��RX�YRX�j�SUDLD´��� � 9HMD� QD� WDEHOD� DEDL[R� DV� SULQFLSDLV� IRUPDV� GH� QHJDomR� GH� SURSRVLo}HV� FRPSRVWDV�� 3URSRVLomR�FRPSRVWD� 1HJDomR� &RQMXQomR�� S T �� ([���&KRYH�KRMH�H�YRX�j�SUDLD� 'LVMXQomR�� a aS T �� ([���1mR�FKRYH�KRMH�RX�QmR�YRX�j�SUDLD�'LVMXQomR�� S T �� ([���&KRYH�KRMH�RX�YRX�j�SUDLD� &RQMXQomR��a aS T �� ([���1mR�FKRYH�KRMH�H�QmR�YRX�j�SUDLD� 'LVMXQomR�H[FOXVLYD�� S T �� ([���2X�FKRYH�KRMH�RX�YRX�j�SUDLD� %LFRQGLFLRQDO�� S Tl �� ([���&KRYH�KRMH�VH�H�VRPHQWH�VH�YRX�j�SUDLD� &RQGLFLRQDO�� S To �� ([���6H�FKRYH�KRMH��HQWmR�YRX�j�SUDLD� &RQMXQomR�� aS T �� ([���&KRYH�KRMH�H�QmR�YRX�j�SUDLD� %LFRQGLFLRQDO�� S Tl �� ([���&KRYH�KRMH�VH�H�VRPHQWH�VH�YRX�j�SUDLD�� 'LVMXQomR�H[FOXVLYD�� S T �� ([���2X�FKRYH�KRMH�RX�YRX�j�SUDLD� � � 2XWUD� IRUPD� GH� QHJDU� D� ELFRQGLFLRQDO� p� HVFUHYHQGR� RXWUD� ELFRQGLFLRQDO�� SRUpP�QHJDQGR�XPD�GDV�SURSRVLo}HV�VLPSOHV��3RU�H[HPSOR�� laS T �p�XPD�IRUPD� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� DOWHUQDWLYD� GH� QHJDU� S Tl �� (VWD� QHJDomR� SRGH� VHU� HVFULWD� FRPR� ³&KRYH� VH� H� VRPHQWH�VH�12�YRX�j�SUDLD��� � &RPHFH�D�H[HUFLWDU�D�QHJDomR�GH�SURSRVLo}HV�FRPSRVWDV�D�SDUWLU�GD�TXHVWmR� DEDL[R�� � ��� &(63(� ±� 757���� ±� ������ $� QHJDomR� GD� SURSRVLomR� ³2� MXL]� GHWHUPLQRX� D� OLEHUWDomR� GH� XP� HVWHOLRQDWiULR� H� GH� XP� ODGUmR´� p� H[SUHVVD� QD� IRUPD� ³2� MXL]� QmR� GHWHUPLQRX�D�OLEHUWDomR�GH�XP�HVWHOLRQDWiULR�QHP�GH�XP�ODGUmR´�� 5(62/8d2�� � 2EVHUYH�TXH�D�SULPHLUD�IUDVH�SRGH�VHU�HVFULWD�QD�IRUPD�³2�MXL]�GHWHUPLQRX�D� OLEHUWDomR�GH�XP�HVWHOLRQDWiULR�(�R� MXL]�GHWHUPLQRX�D�OLEHUWDomR�GH�XP�ODGUmR´�� ,VWR� p��WHPRV�XPD�SURSRVLomR�GR�WLSR�³S�H�T´�RQGH�� S��2�MXL]�GHWHUPLQRX�D�OLEHUWDomR�GH�XP�HVWHOLRQDWiULR� T��2�MXL]�GHWHUPLQRX�D�OLEHUWDomR�GH�XP�ODGUmR� � 6DEHPRV�TXH�XPD�SURSRVLomR�GR�WLSR�³S�H�T´�Vy�p�YHUGDGHLUD�VH�DPERV�S�H�T� IRUHP� YHUGDGHLURV�� 3RUWDQWR�� EDVWD� TXH� XP� GRV� GRLV� �S� RX� T��� RX� DPERV�� VHMDP� IDOVRV�SDUD�TXH�D�SURSRVLomR�LQWHLUD�VHMD�IDOVD��&RP�LVVR��VDEHPRV�TXH�SDUD�QHJi�OD� EDVWD� GL]HU�TXH� R� MXL]� QmR�GHWHUPLQRX�D� OLEHUWDomR�GH�XP�HVWHOLRQDWiULR� 28�R� MXL]� QmR�GHWHUPLQRX�D�OLEHUWDomR�GH�XP�ODGUmR��5HHVFUHYHQGR��³2�MXL]�QmR�GHWHUPLQRX�D� OLEHUWDomR�GH�XP�HVWHOLRQDWiULR�RX�GH�XP�ODGUmR´�� � /HPEUDQGR�GD� WHRULD� TXH�YLPRV�DFLPD�� D�QHJDomR� GH� � S T � p� a aS T �� R� TXH�OHYD�DR�UHVXOWDGR�TXH�REWLYHPRV��,WHP�(55$'2��� 5HVSRVWD��(�� � ����&RQVWUXomR�GD�WDEHOD�YHUGDGH�GH�SURSRVLo}HV�FRPSRVWDV� � $OJXQV�H[HUFtFLRV�SRGHP�H[LJLU�TXH�YRFr�VDLED�FRQVWUXLU�D�WDEHOD�YHUGDGH�GH� SURSRVLo}HV� FRPSRVWDV�� 3DUD� H[HPSOLILFDU�� YHMD� D� SURSRVLomR� >�a � @$ % & �� $� SULPHLUD�FRLVD�TXH�YRFr�SUHFLVD�VDEHU�p�TXH�D�WDEHOD�YHUGDGH�GHVWD�SURSRVLomR�WHUi� VHPSUH��Q�OLQKDV��RQGH�Q�p�R�Q~PHUR�GH�SURSRVLo}HV�VLPSOHV�HQYROYLGDV��&RPR�Vy� WHPRV���SURSRVLo}HV�VLPSOHV��$��%�H�&���HVWD�WDEHOD�WHUi�����RX�VHMD����OLQKDV�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � 3DUD� PRQWDU� D� WDEHOD� YHUGDGH� GH� XPD� H[SUHVVmR� FRPR� >�a � @$ % & �� GHYHPRV� FRPHoDU� FULDQGR� XPD� FROXQD� SDUD� FDGD� SURSRVLomR� H�� D� VHJXLU�� FRORFDU� WRGDV�DV�SRVVLELOLGDGHV�GH�FRPELQDo}HV�GH�YDORUHV�OyJLFRV��9�RX�)��HQWUH�HODV�� 9DORU�OyJLFR� GH�$� 9DORU�OyJLFR� GH�%� 9DORU�OyJLFR� GH�&� 9� 9� 9� 9� 9� )� 9� )� 9� 9� )� )� )� 9� 9� )� 9� )� )� )� 9� )� )� )� � � $JRUD�� QRWH� TXH� HP� >�a � @$ % & � WHPRV� R� WHUPR� a%� HQWUH� SDUrQWHVHV�� 'HYHPRV��SRUWDQWR��FULDU�XPD�QRYD�FROXQD�QD�QRVVD�WDEHOD��LQVHULQGR�RV�YDORUHV�GH� a%��/HPEUH�VH�TXH�RV�YDORUHV�GH�QmR�%�VmR�RSRVWRV�DRV�YDORUHV�GH�%��FRPSDUH�DV� FROXQDV�HP�DPDUHOR��� 9DORU�OyJLFR� GH�$� 9DORU�OyJLFR� GH�%� 9DORU�OyJLFR� GH�&� 9DORU�OyJLFR� GH�a%� 9� 9� 9� )� 9� 9� )� )� 9� )� 9� 9� 9� )� )� 9� )� 9� 9� )� )� 9� )� )� )� )� 9� 9� )� )� )� 9� � � � � � � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� $JRUD�TXH� Mi� WHPRV�RV�YDORUHV� OyJLFRV�GH�a%��H�WDPEpP�WHPRV�RV�GH�&��SRGHPRV� FULDU�RV�YDORUHV� OyJLFRV�GD�H[SUHVVmR�HQWUH�FROFKHWHV�� >�a � @% & ��2EVHUYH�TXH�VH� WUDWD�GH�XPD�FRQMXQomR��³H´���TXH�Vy�WHP�YDORU�OyJLFR�9�TXDQGR�DPERV�RV�PHPEURV� �QR�FDVR��a%�H�&��VmR�9�� 9DORU�OyJLFR� GH�$� 9DORU�OyJLFR� GH�%� 9DORU�OyJLFR� GH�&� 9DORU�OyJLFR� GH�a%� 9DORU�OyJLFR� GH� >�a � @% & � 9� 9� 9� )� )� 9� 9� )� )� )� 9� )� 9� 9� 9� 9� )� )� 9� )� )� 9� 9� )� )� )� 9� )� )� )� )� )� 9� 9� 9� )� )� )� 9� )� � � $JRUD�TXH�Mi�WHPRV�RV�YDORUHV�OyJLFRV�GH�$�H�WDPEpP�RV�YDORUHV� OyJLFRV�GH� >�a � @% & �� SRGHPRV� DQDOLVDU� RV� YDORUHV� OyJLFRV� GD� GLVMXQomR� >�a � @$ % & �� /HPEUH�VH� TXH� XPD� GLVMXQomR� Vy� p� )� TXDQGR� DPERV� RV� VHXV� PHPEURV� VmR� )� �PDUTXHL�HVVHV�FDVRV�HP�DPDUHOR��� 9DORU� OyJLFR�GH� $� 9DORU� OyJLFR�GH� %� 9DORU� OyJLFR�GH� &� 9DORU� OyJLFR�GH� a%� 9DORU�OyJLFR� GH� >�a � @% & � 9DORU�OyJLFR� GH� >�a � @$ % & � 9� 9� 9� )� )� 9� 9� 9� )� )� )� 9� 9� )� 9� 9� 9� 9� 9� )� )� 9� )� 9� )� 9� 9� )� )� )� )� 9� )� )� )� )� )� )� 9� 9� 9� 9� )� )� )� 9� )� )� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � $VVLP��SRGHPRV� RPLWLU�D� �� H� �� FROXQD��GH� PRGR� TXH�D� WDEHOD�YHUGDGH�GD� H[SUHVVmR� >�a � @$ % & �p�� � 9DORU� OyJLFR�GH� $� 9DORU� OyJLFR�GH� %� 9DORU� OyJLFR�GH� &� 9DORU�OyJLFR� GH� >�a � @$ % & � 9� 9� 9� 9� 9� 9� )� 9� 9� )� 9� 9� 9� )� )� 9� )� 9� 9� )� )� 9� )� )� )� )� 9� 9� )� )� )� )� � � 9HMD�TXH�HVVD�WDEHOD�QRV�Gi�RV�YDORUHV� OyJLFRV�GD�H[SUHVVmR� >�a � @$ % & � SDUD� WRGRV� RV�SRVVtYHLV�YDORUHV�GDV� SURSRVLo}HV�VLPSOHV�TXH� D� FRPS}HP��$��%�H� &��� � ����7DXWRORJLD�H�FRQWUDGLomR� �� $R� FRQVWUXLU� WDEHODV�YHUGDGH� SDUD� H[SUHVV}HV�� FRPR� IL]HPRV� DFLPD�� SRGHPRV� YHULILFDU� TXH� XPD� GHWHUPLQDGD� H[SUHVVmR� VHPSUH� p� YHUGDGHLUD�� LQGHSHQGHQWH�GRV�YDORUHV� OyJLFRV�GDV�SURSRVLo}HV�VLPSOHV�TXH�D�FRPS}HP��7UDWD� VH� GH� XPD� WDXWRORJLD�� 3RU� RXWUR� ODGR�� DOJXPDV� H[SUHVV}HV� SRGHP� VHU� VHPSUH� IDOVDV�� LQGHSHQGHQWH� GRV� YDORUHV� GDV� SURSRVLo}HV� TXH� D� FRPS}HP�� 1HVWH� FDVR�� HVWDUHPRV�GLDQWH�GH�XPD�FRQWUDGLomR��9HMDPRV�DOJXQV�H[HPSORV�� � D��9HMD�DEDL[R�D�WDEHOD�YHUGDGH�GH� aS S ��H[���6RX�ERQLWR�H�QmR�VRX�ERQLWR���3HOD� VLPSOHV�DQiOLVH�GHVVH�H[HPSOR��Mi�YHPRV�XPD�FRQWUDGLomR��QmR�Gi�SDUD�VHU�ERQLWR�H� QmR�VHU�DR�PHVPR�WHPSR���2OKDQGR�QD�FROXQD�GD�GLUHLWD�GHVVD�WDEHOD��YHPRV�TXH� HOD�p�IDOVD�SDUD�WRGR�YDORU�OyJLFR�GH�S�� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� 9DORU�OyJLFR�GH�S� 9DORU�OyJLFR�GH�aS� 9DORU�OyJLFR�GH� aS S � 9� )� )� )� 9� )� 2EV���QRWRX�TXH�HVVD�WDEHOD�YHUGDGH�SRVVXL�DSHQDV�GXDV�OLQKDV"�,VVR�SRUTXH�WHPRV� DSHQDV���SURSRVLomR�VLPSOHV��S���H���� ���� � E��9HMD�DEDL[R�D�WDEHOD�YHUGDGH�GH� aS S ��H[���6RX�ERQLWR�RX�QmR�VRX�ERQLWR���3HOD� VLPSOHV�DQiOLVH�GHVVH�H[HPSOR�� Mi�YHPRV�XPD� WDXWRORJLD� �HVVD� IUDVH�VHPSUH�VHUi� YHUGDGHLUD�� LQGHSHQGHQWH� GD� PLQKD� EHOH]D��� 2OKDQGR� QD� FROXQD� GD� GLUHLWD� GHVVD� WDEHOD��YHPRV�TXH�HOD�p�YHUGDGHLUD�SDUD�WRGR�YDORU�OyJLFR�GH�S��9DORU�OyJLFR�GH�S� 9DORU�OyJLFR�GH�aS� 9DORU�OyJLFR�GH� aS S � 9� )� 9� )� 9� 9� � � 3UDWLTXH�R�TXH�GLVFXWLPRV�DWp�DTXL�DWUDYpV�GD�TXHVWmR�D�VHJXLU�� � ���)&&�±�,&06�63�±�������&RQVLGHUH�DV�DILUPDo}HV�DEDL[R�� ,��2�Q~PHUR�GH�OLQKDV�GH�XPD�WDEHOD�YHUGDGH�p�VHPSUH�XP�Q~PHUR�SDU�� ,,��$�SURSRVLomR�³ ��� ��� �� � ��� l � ´�p�IDOVD�� ,,,��6H�S�H�T�VmR�SURSRVLo}HV��HQWmR�D�SURSRVLomR�³ � � �a �S T To ´�p�XPD�WDXWRORJLD�� e�YHUGDGH�R�TXH�VH�DILUPD�$3(1$6�HP�� D��,�H�,,� E��,�H�,,,� F��,� G��,,� H��,,,� 5(62/8d2�� ,��2�Q~PHUR�GH�OLQKDV�GH�XPD�WDEHOD�YHUGDGH�p�VHPSUH�XP�Q~PHUR�SDU�� � 2� Q~PHUR� GH� OLQKDV� GH� XPD� WDEHOD� YHUGDGH� p� �Q�� RQGH� Q� p� R� Q~PHUR� GH� SURSRVLo}HV�VLPSOHV��,VWR�p���[�[����[���Q�YH]HV��(VWH�Q~PHUR�FHUWDPHQWH�p�GLYLVtYHO� SRU����LVWR�p��p�SDU��,WHP�9(5'$'(,52�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ,,��$�SURSRVLomR�³ ��� ��� �� � ��� l � ´�p�IDOVD�� � 7HPRV�XPD�ELFRQGLFLRQDO�RQGH�D�SULPHLUD�SDUWH�p�IDOVD��SRLV����p�PDLRU�TXH�D� UDt]�TXDGUDGD�GH������H�D�VHJXQGD�SDUWH�WDPEpP�p�IDOVD��SRLV���±��� �����1D�WDEHOD� YHUGDGH�GD�ELFRQGLFLRQDO��YHMD�TXH�HVWD�SURSRVLomR�FRPSRVWD�p�YHUGDGHLUD�TXDQGR� WHPRV�)�l)��,WHP�)$/62�� � ,,,��6H�S�H�T�VmR�SURSRVLo}HV��HQWmR�D�SURSRVLomR�³ � � �a �S T To ´�p�XPD�WDXWRORJLD�� � 3DUD�DYDOLDU�VH�WHPRV�XPD�WDXWRORJLD��YDPRV�FRQVWUXLU�D�WDEHOD�YHUGDGH�GHVWD� SURSRVLomR��5HSDUH�TXH�WHPRV���SURSRVLo}HV�VLPSOHV��S�H�T���GH�PRGR�TXH�D�WDEHOD� YHUGDGH� GD� SURSRVLomR� FRPSRVWD� WHUi� ��� � �� OLQKDV�� $� WDEHOD�� FRQVWUXtGD� GD� HVTXHUGD�SDUD�D�GLUHLWD��ILFD�DVVLP�� 9DORU� OyJLFR�GH�S� 9DORU�OyJLFR� GH�T� 9DORU�OyJLFR� GH�aT� 9DORU�OyJLFR�GH� � �S To �� 9DORU�OyJLFR�GH� � � �a �S T To � 9� 9� )� 9� 9� 9� )� 9� )� 9� )� 9� )� 9� 9� )� )� 9� 9� 9� � � 'H�IDWR�D�SURSRVLomR� � � �a �S T To �SRVVXL�YDORU�OyJLFR�9�SDUD�TXDOTXHU�YDORU� GDV�SURSRVLo}HV�VLPSOHV�S�H�T��,VWR�p��WHPRV�XPD�WDXWRORJLD��,WHP�9(5'$'(,52�� 5HVSRVWD��%� � ����(TXLYDOrQFLD�GH�SURSRVLo}HV�OyJLFDV� � 'L]HPRV� TXH� GXDV� SURSRVLo}HV� OyJLFDV� VmR� HTXLYDOHQWHV� TXDQGR� HODV� SRVVXHP� D� PHVPD� WDEHOD�YHUGDGH�� &RPR� H[HPSOR�� YDPRV� YHULILFDU� VH� DV� SURSRVLo}HV� S To �H� a aT So �VmR�HTXLYDOHQWHV�� � )DUHPRV�LVVR�FDOFXODQGR�D�WDEHOD�YHUGDGH�GDV�GXDV��SDUD�SRGHU�FRPSDUi�ODV�� 0DV� LQWXLWLYDPHQWH� YRFr� Mi� SRGHULD� YHU� TXH� HODV� VmR� HTXLYDOHQWHV�� ,PDJLQH� TXH� S To �p�³6H�FKRYH��HQWmR�YRX�j�SUDLD´��6DEHPRV�TXH�VH�D�FRQGLomR��FKRYH��RFRUUH�� QHFHVVDULDPHQWH� R� UHVXOWDGR� �YRX� j� SUDLD�� RFRUUH�� 3RUWDQWR�� VH� VRXEHUPRV� TXH� R� UHVXOWDGR�QmR�RFRUUHX��QmR�YRX�j�SUDLD��� LVVR� LPSOLFD�TXH�D�FRQGLomR�QmR�SRGH�WHU� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� RFRUULGR� �QmR� FKRYH��� ,VWR� p�� SRGHPRV� GL]HU� TXH� ³6H� QmR� YRX� j� SUDLD�� HQWmR� QmR� FKRYH´��2X�VHMD�� a aT So �� � $� WDEHOD�YHUGDGH� GH� S To � HQFRQWUD�VH� DEDL[R�� &DOFXOH�D� VR]LQKR�� SDUD� H[HUFLWDU�� 9DORU� OyJLFR�GH� S� 9DORU� OyJLFR�GH�T� 9DORU� OyJLFR�GH� S To � 9� 9� 9� 9� )� )� )� 9� 9� )� )� 9� � � -i�D�WDEHOD�YHUGDGH�GH� a aT So �IRL�REWLGD�DEDL[R��� 9DORU� OyJLFR�GH� S� 9DORU� OyJLFR�GH�T� 9DORU� OyJLFR�GH� aT� 9DORU� OyJLFR�GH� aS� 9DORU�OyJLFR� GH� a aT So � 9� 9� )� )� 9� 9� )� 9� )� )� )� 9� )� 9� 9� )� )� 9� 9� 9� � � 5HSDUH�QD�FROXQD�GD�GLUHLWD�GH�FDGD�WDEHOD��3HUFHEHX�TXH�VmR� LJXDLV"� ,VVR� QRV�SHUPLWH�DILUPDU�TXH�DPEDV�DV�SURSRVLo}HV�FRPSRVWDV�VmR�HTXLYDOHQWHV�� � 9HMD�DLQGD�D�WDEHOD�YHUGDGH�GH�aS�RX�T�� 9DORU�OyJLFR� GH�S� 9DORU� OyJLFR�GH�T� 9DORU�OyJLFR� GH�aS� 9DORU�OyJLFR� GH�aS�RX�T� 9� 9� )� 9� 9� )� )� )� )� 9� 9� 9� )� )� 9� 9� � � 3HUFHED�TXH�D�WDEHOD�YHUGDGH�GH�aS�RX�T�p�LJXDO�jV�GXDV�DQWHULRUHV��SÆT�H� aTÆaS���$VVLP��HVVDV���SURSRVLo}HV�VmR�HTXLYDOHQWHV�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � 1mR�XVHL�HVWH�H[HPSOR�j�WRD��(OH�FDL�EDVWDQWH�HP�FRQFXUVRV��SRUWDQWR�p�ERP� YRFr�JUDYDU��� S To ���� a aT So ��H��aS�RX�T��VmR�SURSRVLo}HV�HTXLYDOHQWHV���� � 9HMD�DV�TXHVW}HV�DEDL[R�SDUD�FRPHoDU�D�WUHLQDU�DV�HTXLYDOrQFLDV�OyJLFDV�� � ��� )&&� ±� $/(63� ±� ������ 'XUDQWH� XPD� VHVVmR� QR� SOHQiULR� GD� $VVHPEOpLD� /HJLVODWLYD��R�SUHVLGHQWH�GD�PHVD�IH]�D�VHJXLQWH�GHFODUDomR��GLULJLQGR�VH�jV�JDOHULDV� GD�FDVD�� ³6H�DV�PDQLIHVWDo}HV�GHVUHVSHLWRVDV�QmR� IRUHP� LQWHUURPSLGDV�� HQWmR�HX�QmR� GDUHL�LQtFLR�j�YRWDomR´�� (VWD�GHFODUDomR�p�ORJLFDPHQWH�HTXLYDOHQWH�j�DILUPDomR�� D�� VH� R� SUHVLGHQWH� GD� PHVD� GHX� LQtFLR� j� YRWDomR�� HQWmR� DV� PDQLIHVWDo}HV� GHVUHVSHLWRVDV�IRUDP�LQWHUURPSLGDV� E�� VH� R� SUHVLGHQWH� GD� PHVD� QmR� GHX� LQtFLR� j� YRWDomR�� HQWmR� DV� PDQLIHVWDo}HV� GHVUHVSHLWRVDV�QmR�IRUDP�LQWHUURPSLGDV� F��VH�DV�PDQLIHVWDo}HV�GHVUHVSHLWRVDV� IRUHP�LQWHUURPSLGDV��HQWmR�R�SUHVLGHQWH�GD� PHVD�GDUi�LQtFLR�j�YRWDomR� G�� VH� DV� PDQLIHVWDo}HV� GHVUHVSHLWRVDV� FRQWLQXDUHP�� HQWmR� R� SUHVLGHQWH� GD� PHVD� FRPHoDUi�D�YRWDomR� H�� VH� DV� PDQLIHVWDo}HV� GHVUHVSHLWRVDV� QmR� FRQWLQXDUHP�� HQWmR� R� SUHVLGHQWH� GD� PHVD�QmR�FRPHoDUi�D�YRWDomR�� 5(62/8d2�� � 2EVHUYH�TXH�WHPRV�XPD�FRQGLFLRQDO�� S To ���RQGH�� S� �$V�PDQLIHVWDo}HV�GHVUHVSHLWRVDV�QmR�IRUHP�LQWHUURPSLGDV� T� �(X�QmR�GDUHL�LQtFLR�j�YRWDomR� � (VWD� p� XPD� SURSRVLomR� ³PDQMDGD´�� SRLV� VDEHPRV� TXH� HOD� p� HTXLYDOHQWH� D� a aT So � �H�WDPEpP�D�aS�RX�T��&RPR�aT�p�³HX�GDUHL� LQtFLR�j�YRWDomR´�H�aS�p�³DV� PDQLIHVWDo}HV�GHVUHVSHLWRVDV�IRUDP�LQWHUURPSLGDV´��WHPRV�� � a aT So �� ³6H� HX� GHL� LQtFLR� j� YRWDomR�� HQWmR� DV� PDQLIHVWDo}HV� GHVUHVSHLWRVDV� IRUDP�LQWHUURPSLGDV´��� aS�RX�T��³$V�PDQLIHVWDo}HV�GHVUHSHLWRVDV�IRUDP�LQWHUURPSLGDV�RX�HX�QmR�GHL�LQtFLR�j� YRWDomR´�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � � 5HSDUH�TXH�D�DOWHUQDWLYD�$�p�VLPLODU�j�H[SUHVVmR� a aT So �TXH�HVFUHYHPRV� DFLPD��VHQGR�HVWH�R�JDEDULWR�� 5HVSRVWD��$�� � � ���(6$)�±�$75)%�±�������$�DILUPDomR��³-RmR�QmR�FKHJRX�RX�0DULD�HVWi�DWUDVDGD´� HTXLYDOH�ORJLFDPHQWH�D�� D��6H�-RmR�QmR�FKHJRX��0DULD�HVWi�DWUDVDGD�� E��-RmR�FKHJRX�H�0DULD�QmR�HVWi�DWUDVDGD�� F��6H�-RmR�FKHJRX��0DULD�QmR�HVWi�DWUDVDGD�� G��6H�-RmR�FKHJRX��0DULD�HVWi�DWUDVDGD�� H��-RmR�FKHJRX�RX�0DULD�QmR�HVWi�DWUDVDGD�� 5(62/8d2�� �� $�IUDVH�GR�HQXQFLDGR�SRGH�VHU�HVFULWD�FRPR�³aS�RX�T´��RQGH�� S� �-RmR�FKHJRX� T� �0DULD�HVWi�DWUDVDGD� � � 1RYDPHQWH�HVWDPRV�GLDQWH�GH�XPD�SURSRVLomR�³PDQMDGD´��SRLV�VDEHPRV�TXH� aS�RX�T�p�HTXLYDOHQWH�D�SÆT�H�WDPEpP�D�aTÆaS��(VVDV�GXDV�~OWLPDV�IUDVHV�VmR�� UHVSHFWLYDPHQWH�� ��6H�-RmR�FKHJRX��HQWmR�0DULD�HVWi�DWUDVDGD�� ��6H�0DULD�QmR�HVWi�DWUDVDGD��HQWmR�-RmR�QmR�FKHJRX�� � 9HMD� TXH�D�SULPHLUD�GDV�GXDV� IUDVHV� DFLPD� p� VLPLODU�j�DOWHUQDWLYD�'�� VHQGR� HVWH�R�JDEDULWR�� 5HVSRVWD��'� � ����&RQGLomR�QHFHVViULD�H�FRQGLomR�VXILFLHQWH���������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������� � 4XDQGR� WHPRV� XPD� FRQGLFLRQDO� SÆT�� VDEHPRV� TXH� VH� D� FRQGLomR� S� DFRQWHFHU�� FRP� FHUWH]D� R� UHVXOWDGR� T� GHYH�DFRQWHFHU� �SDUD� TXH� SÆT� VHMD� XPD� SURSRVLomR�YHUGDGHLUD���3RUWDQWR��SRGHPRV�GL]HU�TXH�S�DFRQWHFHU�p�VXILFLHQWH�SDUD� DILUPDUPRV�TXH�T�DFRQWHFH��(P�RXWUDV�SDODYUDV��S�p�XPD�FRQGLomR�VXILFLHQWH�SDUD� T��� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � 3RU� H[HPSOR�� VH� GLVVHUPRV� ³6H� FKRYH�� HQWmR� R� FKmR� ILFD� PROKDGR´�� p� VXILFLHQWH�VDEHU�TXH�FKRYH�SDUD�DILUPDUPRV�TXH�R�FKmR�ILFD�PROKDGR��&KRYHU�p�XPD� FRQGLomR�VXILFLHQWH�SDUD�TXH�R�FKmR�ILTXH�PROKDGR��3RU�RXWUR� ODGR��SRGHPRV�GL]HU� TXH� VHPSUH� TXH� FKRYH�� R� FKmR� ILFD� PROKDGR�� e� QHFHVViULR� TXH� R� FKmR� ILTXH� PROKDGR� SDUD� SRGHUPRV� DILUPDU� FKRYH�� 3RUWDQWR�� ³R� FKmR� ILFD� PROKDGR´� p� XPD� FRQGLomR� QHFHVViULD� SDUD� SRGHUPRV� GL]HU� TXH� FKRYH� �VH� R� FKmR� HVWLYHVVH� VHFR�� WHUtDPRV�FHUWH]D�GH�TXH�QmR�FKRYH���2X�VHMD��T�p�XPD�FRQGLomR�QHFHVViULD�SDUD�S�� � 5HVXPLGDPHQWH��TXDQGR�WHPRV�XPD�FRQGLFLRQDO�SÆT��SRGHPRV�DILUPDU�TXH� S�p�VXILFLHQWH�SDUD�T��H��SRU�RXWUR�ODGR��T�p�QHFHVViULD�SDUD�S�� � 3RU�RXWUR�ODGR��TXDQGR�WHPRV�XPD�ELFRQGLFLRQDO� S Tl ��SRGHPRV�GL]HU�TXH� S� p� QHFHVViULD� H� VXILFLHQWH� SDUD� T�� H� YLFH�YHUVD�� 3DUD� D� SURSRVLomR� ³&KRYH� VH� H� VRPHQWH� VH� R� FKmR� ILFD� PROKDGR´� VHU� YHUGDGHLUD�� SRGHPRV� GL]HU� TXH� p� SUHFLVR� �QHFHVViULR�� TXH� FKRYD� SDUD� TXH� R� FKmR� ILTXH� PROKDGR�� 1mR� p� GDGD� RXWUD� SRVVLELOLGDGH�� (� p� VXILFLHQWH� VDEHU� TXH� FKRYH� SDUD� SRGHU� DILUPDU� TXH� R� FKmR� ILFD� PROKDGR�� 'D� PHVPD� IRUPD�� p� VXILFLHQWH� VDEHU� TXH� R� FKmR� ILFRX� PROKDGR� SDUD� DILUPDU�TXH�FKRYHX��H�D�~QLFD�SRVVLELOLGDGH�GH�WHU�FKRYLGR�p�VH�R�FKmR�WLYHU�ILFDGR� PROKDGR��LVWR�p��R�FKmR�WHU�ILFDGR�PROKDGR�p�QHFHVViULR�SDUD�TXH�WHQKD�FKRYLGR�� �� ����6HQWHQoDV�DEHUWDV� � 6HQWHQoDV�DEHUWDV�VmR�DTXHODV�TXH�SRVVXHP�XPD�RX�PDLV�YDULiYHLV��FRPR�R� H[HPSOR�DEDL[R��GR�WLSR�SÆT��� ³6H��;�p�GLYLVtYHO�SRU����HQWmR�;�p�GLYLVtYHO�SRU��´� � � 7HPRV�D�YDULiYHO�;�QHVVD�IUDVH��TXH�SRGH�DVVXPLU�GLIHUHQWHV�YDORUHV��6H�;� IRU�LJXDO�D�����WHUHPRV��� ³6H����p�GLYLVtYHO�SRU����HQWmR����p�GLYLVtYHO�SRU��´� � � (VWD�IUDVH�p�YHUGDGHLUD��SRLV�S�p�9�H�T�p�9��6H�;� �����WHUHPRV�� ³6H����p�GLYLVtYHO�SRU����HQWmR����p�GLYLVtYHO�SRU��´� � � (VWD�IUDVH�p�YHUGDGHLUD��SRLV�S�p�)�H�T�WDPEpP�p�)��-i�VH�;� �������WHUHPRV�� ³6H����p�GLYLVtYHO�SRU����HQWmR������p�GLYLVtYHO�SRU��´� $JRUD�D�IUDVH�p�IDOVD��SRLV�S�p�9�H�T�p�)�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � 3RUWDQWR�� TXDQGR� WHPRV� XPD� VHQWHQoD� DEHUWD�� QmR� SRGHPRV� DILUPDU� GH� DQWHPmR� TXH� HOD� p� YHUGDGHLUD� RX� IDOVD�� SRLV� LVVR� GHSHQGHUi� GR� YDORU� TXH� DV� YDULiYHLV�DVVXPLUHP��$VVLP��XPD�VHQWHQoD�DEHUWD�QmR�p�XPD�SURSRVLomR� �Vy�VHUi� XPD�SURSRVLomR�DSyV�GHILQLUPRV�R�YDORU�GD�YDULiYHO���� � 7UDEDOKH�R�FRQFHLWR�GH�VHQWHQoDV�DEHUWDV�QD�TXHVWmR�D�VHJXLU�� � ���)&&�±�,&06�63�±�������&RQVLGHUH�DV�VHJXLQWHV�IUDVHV�� ,��(OH�IRL�R�PHOKRU�MRJDGRU�GR�PXQGR�HP������� ,,���[�\����p�XP�Q~PHUR�LQWHLUR�� ,,,��-RmR�GD�6LOYD�IRL�R�6HFUHWiULR�GD�)D]HQGD�GR�(VWDGR�GH�6mR�3DXOR�HP������� e�YHUGDGH�TXH�$3(1$6�� D��,�p�XPD�VHQWHQoD�DEHUWD� E��,,�p�XPD�VHQWHQoD�DEHUWD� F��,�H�,,�VmR�VHQWHQoDV�DEHUWDV� G��,�H�,,,�VmR�VHQWHQoDV�DEHUWDV� H��,,�H�,,,�VmR�VHQWHQoDV�DEHUWDV� 5(62/8d2�� � 8PD� VHQWHQoD� DEHUWD� p� DTXHOD� TXH� SRVVXL� XPD� YDULiYHO� FXMR� YDORU� SRGH� WRUQDU� D� SURSRVLomR� 9� RX� )�� 2� FDVR� FOiVVLFR� p� DTXHOH� SUHVHQWH� QD� DOWHUQDWLYD� ,,�� 'HSHQGHQGR�GRV�YDORUHV�DWULEXtGRV�jV�YDULiYHLV�[�H�\��D�SURSRVLomR�SRGH�VHU�9�RX� )�� (QWUHWDQWR�� D� DOWHUQDWLYD� ,� WDPEpP� p� XPD� VHQWHQoD� DEHUWD�� ,VWR� SRUTXH�� GHSHQGHQGR� GH� TXHP� IRU� ³(OH´�� D� SURSRVLomR�SRGH� VHU� 9� RX� )�� 3UHFLVDPRV� VDEHU� TXHP�p�D�SHVVRD�UHIHULGD�SHOR�DXWRU�GD�IUDVH�SDUD�DWULEXLU�XP�YDORU�OyJLFR�� 5HVSRVWD��&� � � $JRUD�p�KRUD�GH�SUDWLFDU�WXGR�R�TXH�YLPRV�DWp�DTXL��UHVROYHQGR�XPD�EDWHULD� GH�TXHVW}HV�� � � � � � � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ���5(62/8d2�'(�48(67®(6� ���)&&�±�6()$=�63�±�������&RQVLGHUH�DV�VHJXLQWHV�SUHPLVVDV�� S��(VWXGDU�p�IXQGDPHQWDO�SDUD�FUHVFHU�SURILVVLRQDOPHQWH�� T��2�WUDEDOKR�HQREUHFH�� $� DILUPDomR� ³6H� R� WUDEDOKR� QmR� HQREUHFH�� HQWmR� HVWXGDU� QmR� p� IXQGDPHQWDO� SDUD� FUHVFHU�SURILVVLRQDOPHQWH´�p��FRP�FHUWH]D��)$/6$�TXDQGR�� D��S�p�IDOVD�H�T�p�IDOVD�� E��S�p�YHUGDGHLUD�H�T�p�YHUGDGHLUD�� F��S�p�IDOVD�H�T�p�YHUGDGHLUD�� G��S�p�YHUGDGHLUD�H�T�p�IDOVD�� H��S�p�IDOVD�RX�T�p�IDOVD�� 5(62/8d2�� � 9HMD�TXH�D�DILUPDomR�GDGD�SHOR�HQXQFLDGR�p��³6H�QmR�T��HQWmR�QmR�S´��6y�Ki� ��IRUPD�GHVVD�FRQGLFLRQDO�VHU�)$/6$��VH�D�FRQGLomR��QmR�T��IRU�9HUGDGHLUD��SRUpP� R�UHVXOWDGR��QmR�S��IRU�)DOVR��� � 3DUD�TXH�QmR�T�VHMD�9HUGDGHLUD��D�VXD�QHJDomR��T��GHYH�VHU�)DOVD��(�SDUD� TXH�QmR�S�VHMD�)DOVD��D�VXD�QHJDomR��S��GHYH�VHU�9HUGDGHLUD�� � $VVLP��S�GHYH�VHU�9HUGDGHLUD�H�T�GHYH�VHU�)DOVD��� 5HVSRVWD��'� � ��� )'&� ±� 0$3$� ±� ����� $GDSWDGD�� 7RGDV� DV� SURSRVLo}HV� DEDL[R� HQYROYHP� LPSOLFDo}HV�OyJLFDV��$�~QLFD�TXH�UHSUHVHQWD�XPD�SURSRVLomR�)$/6$�p�� D������±��� �����Æ�������� �������� E���������� �����Æ������������ ������ F������±��� ����Æ����� ������ G���������� �����Æ������������ ������ H������������� �����Æ��������� ����� 5(62/8d2�� � 7HPRV� �� FRQGLFLRQDLV� �SÆT��� 9RFr� GHYH� HVWDU� FDQVDGR� GH� VDEHU� TXH� XPD� FRQGLFLRQDO�Vy�p�IDOVD�TXDQGR�S�p�9HUGDGHLUD�H�T�p�)DOVD�� � $�~QLFD�DOWHUQDWLYD�RQGH�D�SURSRVLomR�³S´��FRQGLomR��p�YHUGDGHLUD�p�D�~OWLPD�� �������� �����DTXL�R�SRQWR�VLPEROL]D�D�PXOWLSOLFDomR�� � 9HMD�TXH��DSHVDU�GH�S�VHU�9HUGDGHLUD��T�p�IDOVD�� ������� ��� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� � (VWH� p� R� JDEDULWR��9HMD� TXH� DV� GHPDLV�DOWHUQDWLYDV� SRVVXHP�SURSRVLo}HV� S� IDOVDV��R�TXH�SRU�VL�Vy�WRUQD�D�FRQGLFLRQDO�YHUGDGHLUD��LQGHSHQGHQWH�GH�T�VHU�9�RX�)�� )LFRX�HP�G~YLGD"�9ROWH�QD�WDEHOD�YHUGDGH�GD�FRQGLFLRQDO��� 5HVSRVWD��(� � ����)&&�±�757�%$�±��������'HYLGR�j�SUR[LPLGDGH�GDV�HOHLo}HV��IRL�GHFLGLGR�TXH�RV� WULEXQDLV� HOHLWRUDLV� GHYHULDP� IXQFLRQDU�� HP� UHJLPH� GH� SODQWmR�� GXUDQWH� XP� GHWHUPLQDGR�GRPLQJR�GR�DQR��(P�UHODomR�D�HVVH�SODQWmR�� IRL�GLYXOJDGD�D�VHJXLQWH� RULHQWDomR�� ³6H� WRGRV� RV� SURFHVVRV� IRUHP� DQDOLVDGRV� DWp� jV� ��� KRUDV�� HQWmR� R� SODQWmR� VHUi� ILQDOL]DGR�QHVVH�KRUiULR�´� &RQVLGHUH� TXH� D� RULHQWDomR� IRL� FXPSULGD� H� TXH� R� SODQWmR� Vy� IRL� ILQDOL]DGR� jV� ��� KRUDV��(QWmR��SRGH�VH�FRQFOXLU�TXH��QHFHVVDULDPHQWH�� �$��QHQKXP�SURFHVVR�IRL�DQDOLVDGR�DWp�jV����KRUDV�� �%��WRGRV�RV�SURFHVVRV�IRUDP�DQDOLVDGRV�DWp�jV����KRUDV�� �&��SHOR�PHQRV�XP�SURFHVVR�WHUPLQRX�GH�VHU�DQDOLVDGR�jV����KRUDV�� �'��WRGRV�RV�SURFHVVRV�IRUDP�DQDOLVDGRV�DWp�jV����KRUDV�� �(��SHOR�PHQRV�XP�SURFHVVR�QmR�IRL�DQDOLVDGR�DWp�jV����KRUDV�� 5(62/8d2�� � 7HPRV�XPD�FRQGLFLRQDO�SÆT�RQGH�� S� �WRGRV�RV�SURFHVVRV�IRUHP�DQDOLVDGRV�DWp�jV����KRUDV� T� �R�SODQWmR�VHUi�ILQDOL]DGR�QHVVH�KRUiULR� � � 2FRUUH� TXH� R� SODQWmR� Vy� IRL� ILQDOL]DGR� jV� ��� KRUDV�� RX� VHMD�� T� p� )�� 3DUD� PDQWHU�D�FRQGLFLRQDO�SÆT�YHUGDGHLUD��p�SUHFLVR�TXH�S�VHMD�)�WDPEpP��2X�VHMD��SHOR� PHQRV�XP�SURFHVVR�QmR�IRL�DQDOLVDGR�DWp�DV����KRUDV�� 5HVSRVWD��(� �����(6$)�±�$)7�±�������8P�SROLHGUR�FRQYH[R�p�UHJXODU�VH�H�VRPHQWH�VH�IRU��XP� WHWUDHGUR�RX�XP�FXER�RX�XP�RFWDHGUR�RX�XP�GRGHFDHGUR�RX�XP�LFRVDHGUR��/RJR�� D��6H�XP�SROLHGUR�FRQYH[R�IRU�UHJXODU��HQWmR�HOH�p�XP�FXER�� E��6H�XP�SROLHGUR�FRQYH[R�QmR�IRU�XP�FXER��HQWmR�HOH�QmR�p�UHJXODU�� F��6H�XP�SROLHGUR�QmR�IRU�XP�FXER��QmR�IRU�XP�WHWUDHGUR��QmR�IRU�XP�RFWDHGUR��QmR� IRU�XP�GRGHFDHGUR�H�QmR�IRU�XP�LFRVDHGUR��HQWmR�HOH�QmR�p�UHJXODU�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� G��8P�SROLHGUR�QmR�p�UHJXODU�VH�H�VRPHQWH�VH�QmR�IRU��XP�WHWUDHGUR�RX�XP�FXER�RX� XP�RFWDHGUR�RX�XP�GRGHFDHGUR�RX�XP�LFRVDHGUR�� H��6H�XP�SROLHGUR�QmR�IRU�UHJXODU��HQWmR�HOH�QmR�p�XP�FXER�� 5(62/8d2�� � 9DPRV�DYDOLDU�FDGD�DOWHUQDWLYD�� D��6H�XP�SROLHGUR�FRQYH[R�IRU�UHJXODU��HQWmR�HOH�p�XP�FXER�� � )$/62�� 3RGHPRV� WHU� XP� SROLHGUR� FRQYH[R� UHJXODU� TXH� QmR� VHMD� XP� FXER� �WHWUDHGR��RFWDHGUR�HWF���� �� E��6H�XP�SROLHGUR�FRQYH[R�QmR�IRU�XP�FXER��HQWmR�HOH�QmR�p�UHJXODU�� � )$/62�� 6H� XP� SROLHGUR� FRQYH[R� QmR� IRU� XP� FXER� �H[��� WHWUDHGUR�� RFWDHGUR� HWF���HOH�SRGH�DLQGD�DVVLP�VHU�UHJXODU�� � F��6H�XP�SROLHGUR�QmR�IRU�XP�FXER��QmR�IRU�XP�WHWUDHGUR��QmR�IRU�XP�RFWDHGUR��QmR� IRU�XP�GRGHFDHGUR�H�QmR�IRU�XP�LFRVDHGUR��HQWmR�HOH�QmR�p�UHJXODU�� � )$/62�� 2� HQXQFLDGR� GL]� TXH� DV� ~QLFDV� SRVVLELOLGDGHV� GH� XP� SROLHGUR� FRQYH[R�VHU�UHJXODU�VmR�HVWDV�DFLPD��FXER��WHWUDHGUR��HWF����0DV�D�IUDVH�GHVWH�LWHP� QmR�VH�UHVWULQJLX�DRV�SROLHGURV�FRQYH[RV��3RGH�VHU�TXH�RXWURV�SROLHGURV��F{QFDYRV�� VHMDP�UHJXODUHV�� � G��8P�SROLHGUR�QmR�p�UHJXODU�VH�H�VRPHQWH�VH�QmR�IRU��XP�WHWUDHGUR�RX�XP�FXER�RX� XP�RFWDHGUR�RX�XP�GRGHFDHGUR�RX�XP�LFRVDHGUR�� � )$/62��1RYDPHQWH��D�IUDVH�GR�HQXQFLDGR�WUDWDYD�GRV�SROLHGURV�FRQYH[RV��GH� PRGR�TXH�QDGD�SRGHPRV�DILUPDU�VREUH�RV�GHPDLV�WLSRV�GH�SROLHGURV�� � H��6H�XP�SROLHGUR�QmR�IRU�UHJXODU��HQWmR�HOH�QmR�p�XP�FXER�� � 9(5'$'(,52�� 3DUD� TXH� XP� SROLHGUR� VHMD� XP� FXER�� p� QHFHVViULR� TXH� HOH� VHMD�FRQYH[R�H�UHJXODU��HVWDV�VmR�FDUDFWHUtVWLFDV�GR�FXER��WHWUDHGUR��RFWDHGUR�HWF���� 2UD��VH�XP�SROLHGUR�QHP�p�UHJXODU��SRGHPRV�HOLPLQDU�D�SRVVLELOLGDGH�GH�HOH�VHU�XP� FXER�� 5HVSRVWD��(� � � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ����&2168/3/$1�±�76(�±�������2EVHUYH�DV�SURSRVLo}HV�OyJLFDV�VLPSOHV�3��4�H� 5�� �3��+RMH�p�GLD�GH�1DWDO�� �4��(X�YRX�JDQKDU�SUHVHQWH�� �5��$�IDPtOLD�HVWi�IHOL]��� $V�SURSRVLo}HV��a3��a4����a5���VmR��UHVSHFWLYDPHQWH��DV�QHJDo}HV�GDV�SURSRVLo}HV� 3��4�H�5��2�FRQHFWLYR�³H´�p�UHSUHVHQWDGR�SHOR�VtPEROR�ר��HQTXDQWR�R�FRQHFWLYR�³RX´� p�UHSUHVHQWDGR�SRU�ש���$�LPSOLFDomR�p�UHSUHVHQWDGD�SRU�ĺ�� $�SURSRVLomR�FRPSRVWD��a3�ר��5��ĺ�4�FRUUHVSRQGH�D� �D��+RMH�p�GLD�GH�1DWDO�H�D�IDPtOLD�HVWi�IHOL]�H�HX�YRX�JDQKDU�SUHVHQWH�� �E��+RMH�QmR�p�GLD�GH�1DWDO�H�D�IDPtOLD�HVWi�IHOL]�RX�HX�YRX�JDQKDU�SUHVHQWH�� �F��6H�KRMH�QmR�p�GLD�GH�1DWDO�H�D�IDPtOLD�HVWi�IHOL]�HQWmR�HX�YRX�JDQKDU�SUHVHQWH�� �G��6H�KRMH�p�GLD�GH�1DWDO�RX�D�IDPtOLD�HVWi�IHOL]�HQWmR�HX�YRX�JDQKDU�SUHVHQWH�� 5(62/8d2��� � &RPR�³3� �+RMH�p�GLD�GH�1DWDO´��HQWmR�� a3� �+RMH�12�p�GLD�GH�1DWDO� � � $VVLP��D�FRQMXQomR��a3�ר��5��SRGH�VHU�HVFULWD�FRPR�� ³+RMH�12�p�GLD�GH�1DWDO�(�D�IDPtOLD�HVWi�IHOL]´� � � 3RUWDQWR��D�FRQGLFLRQDO��a3�ר��5��ĺ�4�FRUUHVSRQGH�D�� ³6(�KRMH�QmR�p�GLD�GH�1DWDO�H�D�IDPtOLD�HVWi�IHOL]��(172�HX�YRX�JDQKDU�SUHVHQWH´� 5HVSRVWD��&� � ����(6$)�±�671�±�������$�QHJDomR�GD�SURSRVLomR�³VH�&XULWLED�p�D�FDSLWDO�GR�%UDVLO�� HQWmR�6DQWRV�p�D�FDSLWDO�GR�3DUDQi´�p�ORJLFDPHQWH�HTXLYDOHQWH�j�SURSRVLomR�� D��&XULWLED�QmR�p�D�FDSLWDO�GR�%UDVLO�H�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi�� E��&XULWLED�QmR�p�D�FDSLWDO�GR�%UDVLO�RX�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi�� F��&XULWLED�p�D�FDSLWDO�GR�%UDVLO�H�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi�� G��6H�&XULWLED�QmR�p�D�FDSLWDO�GR�%UDVLO��HQWmR�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi�� H��&XULWLED�p�D�FDSLWDO�GR�%UDVLO�RX�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi�� 5(62/8d2�� �������� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� 7HPRV�QR�HQXQFLDGR�D�FRQGLFLRQDO�SÆT�RQGH�� S� �&XULWLED�p�D�FDSLWDO�GR�%UDVLO� T� �6DQWRV�p�D�FDSLWDO�GR�3DUDQi� � $�QHJDomR�GH�SÆT�p�GDGD�SHOD�GLVMXQomR�³S�H�aT´��RQGH�� aT� �6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi� � $VVLP��D�QHJDomR�p�HVFULWD�FRPR�� ³&XULWLED�p�D�FDSLWDO�GR�%UDVLO�H�6DQWRV�QmR�p�D�FDSLWDO�GR�3DUDQi´� 5HVSRVWD��&� � ����(6$)�±�5(&(,7$�)('(5$/�±�������$�QHJDomR�GD�SURSRVLomR�³VH�3DXOR� HVWXGD��HQWmR�0DUWD�p�DWOHWD´�p�ORJLFDPHQWH�HTXLYDOHQWH�j�SURSRVLomR�� D��3DXOR�QmR�HVWXGD�H�0DUWD�QmR�p�DWOHWD�� E��3DXOR�HVWXGD�H�0DUWD�QmR�p�DWOHWD�� F��3DXOR�HVWXGD�RX�0DUWD�QmR�p�DWOHWD�� G��VH�3DXOR�QmR�HVWXGD��HQWmR�0DUWD�QmR�p�DWOHWD�� H��3DXOR�QmR�HVWXGD�RX�0DUWD�QmR�p�DWOHWD�� 5(62/8d2�� �����������$�SURSRVLomR�GR�HQXQFLDGR�p�D�FRQGLFLRQDO�SÆT�RQGH�� S� �3DXOR�HVWXGD� T� �0DUWD�p�DWOHWD� � � 3DUD�QHJDU�SÆT�EDVWD�HVFUHYHU�D�FRQMXQomR�³S�H�aT´��VHQGR�TXH�� aT� �0DUWD�QmR�p�DWOHWD� � $VVLP��D�QHJDomR�p�� ³3DXOR�HVWXGD�H�0DUWD�QmR�p�DWOHWD´� 5HVSRVWD��%� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ����(6$)�±�3(&)$=�±�������$�QHJDomR�GD�SURSRVLomR�³%UDVtOLD�p�D�&DSLWDO�)HGHUDO� H�RV�7HUULWyULRV�)HGHUDLV�LQWHJUDP�D�8QLmR´�p�� D��%UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO�H�RV�7HUULWyULRV�)HGHUDLV�QmR�LQWHJUDP�D�8QLmR�� E��%UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO�RX�RV�7HUULWyULRV�)HGHUDLV�QmR�LQWHJUDP�D�8QLmR�� F��%UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO�RX�RV�7HUULWyULRV�)HGHUDLV�LQWHJUDP�D�8QLmR�� G��%UDVtOLD�p�D�&DSLWDO�)HGHUDO�RX�RV�7HUULWyULRV�)HGHUDLV�QmR�LQWHJUDP�D�8QLmR�� H��%UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO�H�RV�7HUULWyULRV�)HGHUDLV�LQWHJUDP�D�8QLmR�� 5(62/8d2�� � 7HPRV�D�FRQMXQomR�³S�H�T´�RQGH�� S� �%UDVtOLD�p�D�&DSLWDO�)HGHUDO� T� �RV�7HUULWyULRV�)HGHUDLV�LQWHJUDP�D�8QLmR� � $�QHJDomR�GD�FRQMXQomR�³S�H�T´�p�D�GLVMXQomR�³aS�RX�aT´��RQGH�� aS� �%UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO� aT� �RV�7HUULWyULRV�)HGHUDLV�QmR�LQWHJUDP�D�8QLmR� � 3RUWDQWR��D�GLVMXQomR�³aS�RX�aT´�p�� %UDVtOLD�QmR�p�D�&DSLWDO�)HGHUDO�RX�RV�7HUULWyULRV�)HGHUDLV�QmR�LQWHJUDP�D�8QLmR� 5HVSRVWD��%� � ����)&&�±�757���±��������8P�YHUHDGRU�DILUPRX�TXH��QR�~OWLPR�DQR��FRPSDUHFHX�D� WRGDV�DV�VHVV}HV�GD�&kPDUD�0XQLFLSDO�H�QmR�HPSUHJRX�SDUHQWHV�HP�VHX�JDELQHWH�� 3DUD�TXH�HVVD�DILUPDomR�VHMD�IDOVD��p�QHFHVViULR�TXH��QR�~OWLPR�DQR��HVVH�YHUHDGRU� �$�� WHQKD� IDOWDGR�HP�WRGDV�DV�VHVV}HV�GD�&kPDUD�0XQLFLSDO�RX� WHQKD�HPSUHJDGR� WRGRV�RV�VHXV�SDUHQWHV�HP�VHX�JDELQHWH�� �%�� WHQKD� IDOWDGR� HP� SHOR� PHQRV� XPD� VHVVmR� GD� &kPDUD� 0XQLFLSDO� H� WHQKD� HPSUHJDGR�WRGRV�RV�VHXV�SDUHQWHV�HP�VHX�JDELQHWH�� �&�� WHQKD� IDOWDGR� HP� SHOR� PHQRV� XPD� VHVVmR� GD� &kPDUD� 0XQLFLSDO� RX� WHQKD� HPSUHJDGR�XP�SDUHQWH�HP�VHX�JDELQHWH�� �'��WHQKD�IDOWDGR�HP�WRGDV�DV�VHVV}HV�GD�&kPDUD�0XQLFLSDO�H�WHQKD�HPSUHJDGR�XP� SDUHQWH�HP�VHX�JDELQHWH�� �(�� WHQKD� IDOWDGR�HP�PDLV�GD�PHWDGH�GDV�VHVV}HV�GD�&kPDUD�0XQLFLSDO�RX� WHQKD� HPSUHJDGR�SHOR�PHQRV�XP�SDUHQWH�HP�VHX�JDELQHWH�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?�� � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� 5(62/8d2�� � 7HPRV�D�FRQGLFLRQDO�³S�H�T´�TXH�SRGH�VHU�UHVXPLGD�SRU�³FRPSDUHFHX�D�WRGDV� (� QmR�HPSUHJRX´��$� VXD� QHJDomR�p�GDGD�SRU� ³aS�RX�aT´�� TXH� SRGH� VHU� UHVXPLGD� FRPR� ³QmR� FRPSDUHFHX� D� SHOR� PHQRV� XPD� 28� HPSUHJRX´�� 7HPRV� HVVD� ~OWLPD� HVWUXWXUD�QD�DOWHUQDWLYD�&�� 5HVSRVWD��&� � ����)&&�±�757���±������� �/HLD�RV�$YLVRV�,�H�,,��FRORFDGRV�HP�XP�GRV�VHWRUHV�GH� XPD�IiEULFD�� $YLVR�,� 3UH]DGR� IXQFLRQiULR�� VH� YRFr� QmR� UHDOL]RX� R� FXUVR� HVSHFtILFR�� HQWmR� QmR� SRGH� RSHUDU�D�PiTXLQD�0�� $YLVR�,,� 3UH]DGR� IXQFLRQiULR�� VH� YRFr� UHDOL]RX� R� FXUVR� HVSHFtILFR�� HQWmR� SRGH� RSHUDU� D� PiTXLQD�0�� 3DXOR��IXQFLRQiULR�GHVVH�VHWRU��UHDOL]RX�R�FXUVR�HVSHFtILFR��PDV�IRL�SURLELGR��SRU�VHX� VXSHUYLVRU��GH�RSHUDU�D�PiTXLQD�0��$�GHFLVmR�GR�VXSHUYLVRU� �$��RS}H�VH�DSHQDV�DR�$YLVR�,�� �%��RS}H�VH�DR�$YLVR�,�H�SRGH�RX�QmR�VH�RSRU�DR�$YLVR�,,�� �&��RS}H�VH�DRV�GRLV�DYLVRV�� �'��QmR�VH�RS}H�DR�$YLVR�,�QHP�DR�,,�� �(��RS}H�VH�DSHQDV�DR�$YLVR�,,�� 5(62/8d2�� � &DGD�DYLVR�p�XPD�FRQGLFLRQDO�SÆT���FXMR�UHVXPR�HQFRQWUD�VH�DEDL[R�� $YLVR�,���QmR�UHDOL]RX�Æ�QmR�SRGH� $YLVR�,,���UHDOL]RX�Æ�SRGH� � � 1R�FDVR�GR�IXQFLRQiULR�FLWDGR��WHPRV�TXH�³UHDOL]RX´�p�9��SRLV�HOH�IH]�R�FXUVR�� H�TXH� ³SRGH´�p�)� �SRLV�HOH� IRL�SURLELGR�GH�RSHUDU�D�PiTXLQD���(VWD�FRPELQDomR�GH� YDORUHV� OyJLFRV� WRUQD� D� FRQGLFLRQDO� GR� DYLVR� ,� YHUGDGHLUD�� SRLV� WHPRV� )Æ9�� -i� D� FRQGLFLRQDO�GR�DYLVR�,,�p�IDOVD��SRLV�WHPRV�9Æ)��$VVLP��R�FDVR�GR�IXQFLRQiULR�RS}H� VH�DSHQDV�DR�DYLVR�,,��SRLV�WRUQD�HVWD�IUDVH�IDOVD�� 5HVSRVWD��(� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ���� )&&� ±� 757���D� ±� ������ 8PD� VHQKRUD� DILUPRX� TXH� WRGRV� RV� QRYHORV� GH� Om� JXDUGDGRV� QXPD� JDYHWD� VmR� FRORULGRV� H� QHQKXP� GHOHV� IRL� XVDGR�� 0DLV� WDUGH�� HOD� SHUFHEHX� TXH� KDYLD� VH� HQJDQDGR� HP� UHODomR� j� VXD� DILUPDomR�� R� TXH� SHUPLWH� FRQFOXLU�TXH� �$��H[LVWHP�QRYHORV�GH�Om�EUDQFRV�QD�JDYHWD�H�HOHV�Mi�IRUDP�XVDGRV�� �%��SHOR�PHQRV�XP�QRYHOR�GH�Om�GD�JDYHWD�QmR�p�FRORULGR�RX�DOJXP�GHOHV�IRL�XVDGR�� �&�� SHOR� PHQRV� XP� QRYHOR� GH� Om� GD� JDYHWD� QmR� p� FRORULGR� RX� WRGRV� HOHV� IRUDP� XVDGRV�� �'��RV�QRYHORV�GH�Om�GD�JDYHWD�QmR�VmR�FRORULGRV�H�Mi�IRUDP�XVDGRV�� �(��RV�QRYHORV�GH�Om�GD�JDYHWD�QmR�VmR�FRORULGRV�H�DOJXP�GHOHV�Mi�IRL�XVDGR�� 5(62/8d2�� � 6HQGR�S� �WRGRV�RV�QRYHORV�VmR�FRORULGRV�H�T� �QHQKXP�QRYHOR�IRL�XVDGR��D� DILUPDomR�GD�VHQKRUD�IRL�³S�H�T´��6H�HOD�VH�HQJDQRX��³S�H�T´�p�)DOVR��SRUWDQWR�D�VXD� QHJDomR�p�9HUGDGHLUD�� � $� QHJDomR� GH� ³S� H� T´� p� ³QmR�S� RX� QmR�T´�� $V� QHJDo}HV� GDV� SURSRVLo}HV� VLPSOHV�VmR�� 1mR�S� �DOJXP�QRYHOR�QmR�p�FRORULGR� 1mR�T� �DOJXP�QRYHOR�IRL�XVDGR� � 3RUWDQWR�� ³QmR�S� RX� QmR�T´� VHULD�� $OJXP� QRYHOR� QmR� p� FRORULGR� RX� DOJXP� QRYHOR�IRL�XVDGR�� � 3RGHUtDPRV� XWLOL]DU� WDPEpP� D� H[SUHVVmR� ³SHOR� PHQRV� XP´� QR� OXJDU� GH� ³DOJXP´��&RP�LVVR��WHUtDPRV�D�UHVSRVWD�GD�OHWUD�%�� 5HVSRVWD��%� � ����)&&�±�6(3/$1�3,�±�������6H�+HUiFOLWR�HVWi�FRQYLFWR�GH�TXH�R�PXQGR�HVWi�HP� SHUPDQHQWH�PXGDQoD��HQWmR�HOH�p�WULVWH��3RUWDQWR��VH� �$��+HUiFOLWR�p�WULVWH��R�PXQGR�HVWi�HP�SHUPDQHQWH�PXGDQoD�� �%�� +HUiFOLWR� QmR� HVWi� FRQYLFWR� GH� TXH� R� PXQGR� HVWi� HP� SHUPDQHQWH� PXGDQoD�� HQWmR�HOH�p�WULVWH�� �&��+HUiFOLWR�HVWi� FRQYLFWR�GH�TXH� R�PXQGR�HVWi�HP�SHUPDQHQWH�PXGDQoD��HQWmR� HOH�QmR�p�WULVWH�� �'�� +HUiFOLWR� QmR� p� WULVWH�� HQWmR� HOH� QmR� HVWi� FRQYLFWR� GH� TXH� R� PXQGR� HVWi� HP� SHUPDQHQWH�PXGDQoD�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� �(�� +HUiFOLWR� p� WULVWH�� HQWmR� HOH� QmR� HVWi� FRQYLFWR� GH� TXH� R� PXQGR� HVWi� HP� SHUPDQHQWH�PXGDQoD�� 5(62/8d2�� � 1R�HQXQFLDGR�WHPRV�D�FRQGLFLRQDO�SÆT�� HVWi�FRQYLFWR�Æ�p�WULVWH� � � 6DEHPRV� TXH� SÆT� p� HTXLYDOHQWH� D� aTÆaS�� (VVD� ~OWLPD� SRGH� VHU� HVFULWD� DVVLP�� 12�p�WULVWH�Æ�12�HVWi�FRQYLFWR� � � 7HPRV�HVVD� IUDVH� QD� DOWHUQDWLYD� '�� VH� +HUiFOLWR� QmR�p� WULVWH��HQWmR� HOH�QmR� HVWi�FRQYLFWR�GH�TXH�R�PXQGR�HVWi�HP�SHUPDQHQWH�PXGDQoD�� 5HVSRVWD��'� � ����)&&�±�3*(�%$� ±�������$OLFH� LUi� DR�3DtV�GDV�0DUDYLOKDV�TXDQGR� LPDJLQDU�RX� SHUGHU�R�PHGR��6H�$OLFH�SHUGHU�R�PHGR�� �$��$OLFH�QmR�LUi�DR�3DtV�GDV�0DUDYLOKDV��SRLV�QmR�YDL�LPDJLQDU�� �%��$OLFH�LUi�DR�3DtV�GDV�0DUDYLOKDV�� �&��$OLFH�YDL�QHFHVVDULDPHQWH�LPDJLQDU�� �'��$OLFH�QmR�LUi��WDPEpP��LPDJLQDU�� �(��$OLFH�QmR�YDL�LPDJLQDU�� 5(62/8d2��� � $� IUDVH� GR� HQXQFLDGR� p� XPD� FRQGLFLRQDO� XVDQGR� R� ³TXDQGR´�� (OD� SRGH� VHU� UHHVFULWD�DVVLP��SDUD�IDFLOLWDU�D�DQiOLVH�� 6H�LPDJLQDU�RX�SHUGHU�R�PHGR��HQWmR�$OLFH�LUi�DR�SDtV�GDV�PDUDYLOKDV� � � )RL�GLWR�TXH�$OLFH�SHUGHX�R�PHGR��&RP�LVVR��D�GLVMXQomR�³LPDJLQDU�RX�SHUGHU� R� PHGR´� p� 9HUGDGHLUD�� 8PD� YH]� TXH� RFRUUHX� D� FRQGLomR�� R� UHVXOWDGR� GHYH� DFRQWHFHU��2X�VHMD��$OLFH�,5È�DR�SDtV�GDV�PDUDYLOKDV�� 5HVSRVWD��%� � � � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ���� )&&� ±� 03(�$0� ±� ������ 2� SURIHVVRU� GH� XPD� GLVFLSOLQD� H[SHULPHQWDO� GH� XP� FXUVR�GH�(QJHQKDULD�HVWDEHOHFHX�QR�LQtFLR�GR�VHPHVWUH�TXH��SDUD�VHU�DSURYDGR��XP� DOXQR� WHULD�GH� UHDOL]DU� SHOR� PHQRV��� GDV� �� H[SHULrQFLDV� SURSRVWDV� H� WHU�PpGLD� GH� UHODWyULRV�PDLRU�RX� LJXDO�D������&RPR�-XFD�IRL�UHSURYDGR�QHVVD�GLVFLSOLQD��SRGH�VH� FRQFOXLU�TXH�HOH��QHFHVVDULDPHQWH�� �$�� UHDOL]RX�DSHQDV���H[SHULrQFLDV�H� WHYH�PpGLD�GH�UHODWyULRV��QR�Pi[LPR�� LJXDO�D� ����� �%��UHDOL]RX���RX�PHQRV�H[SHULrQFLDV�H�WHYH�PpGLD�GH�UHODWyULRV�LQIHULRU�D������ �&��UHDOL]RX�PHQRV�GR�TXH���H[SHULrQFLDV�RX�WHYH�PpGLD�GH�UHODWyULRV�LQIHULRU�D������ �'��QmR�UHDOL]RX�TXDOTXHU�H[SHULrQFLD��WHQGR�PpGLD�GH�UHODWyULRV�LJXDO�D������ �(��QmR�UHDOL]RX�TXDOTXHU�H[SHULrQFLD�RX�WHYH�PpGLD�GH�UHODWyULRV�PHQRU�RX�LJXDO�D� ����� 5(62/8d2��� � 9HMD�TXH�R�SURIHVVRU�HVWDEHOHFHX�GXDV�FRQGLo}HV��UHDOL]DU�SHOR�PHQRV���GDV� ��H[SHULrQFLDV�H� WHU�PpGLD�GH�UHODWyULRV�PDLRU�RX� LJXDO�D������TXH��VH�UHVSHLWDGDV�� OHYDP�DR�UHVXOWDGR��DSURYDomR���2X�VHMD��WHPRV�D�FRQGLFLRQDO�� 6H�UHDOL]DU�SHOR�PHQRV���GDV���H[SHULrQFLDV�H�WHU�PpGLD�GH�UHODWyULRV�PDLRU�RX�LJXDO� D������HQWmR�R�DOXQR�p�DSURYDGR� � � -XFD� IRL� UHSURYDGR�� RX� VHMD�� R� UHVXOWDGR� GD� FRQGLFLRQDO� QmR� RFRUUHX�� ,VVR� REULJD� D� FRQGLomR� �UHDOL]DU� SHOR� PHQRV� �� GDV� �� H[SHULrQFLDV� H� WHU� PpGLD� GH� UHODWyULRV� PDLRU� RX� LJXDO� D� ����� D� 12� WHU� RFRUULGR� WDPEpP�� 2EVHUYH� TXH� HVVD� FRQGLomR� p� XPD�FRQMXQomR��3DUD�HOD� QmR� WHU�RFRUULGR� �QmR�VHU�9���EDVWD�TXH�XPD� GDV�SURSRVLo}HV�VLPSOHV�TXH�D�FRPS}H�VHMD�)DOVD��3RUWDQWR�� ��-XFD�12�UHDOL]RX�SHOR�PHQRV���GDV���H[SHULrQFLDV�28�WHYH�PpGLD�LQIHULRU�D������ � � 2XWUD�IRUPD�GH�GL]HU�LVVR�p�� ��-XFD�UHDOL]RX�0(126�'(���H[SHULrQFLDV�28�WHYH�PpGLD�LQIHULRU�D������ � � 7HPRV�LVVR�QD�DOWHUQDWLYD�&�� �&��UHDOL]RX�PHQRV�GR�TXH���H[SHULrQFLDV�RX�WHYH�PpGLD�GH�UHODWyULRV�LQIHULRU�D������ 5HVSRVWD��&� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ����(6$)�±�0,1,67e5,2�'$�)$=(1'$�±�������$�SURSRVLomR�S�ר��S�ĺ�T��p� ORJLFDPHQWH�HTXLYDOHQWH�j�SURSRVLomR��D��S�ש�T� E��̱�S� F��S� G��̱�T� H��S�ר�T� 5(62/8d2�� 3DUD�D�FRQMXQomR�S�ר��S�ĺ�T��VHU�YHUGDGHLUD��p�SUHFLVR�TXH�DPERV�RV�ODGRV� VHMDP� 9�� � ,VWR� p�� p� SUHFLVR� TXH� S� VHMD� 9�� H� WDPEpP� TXH� SÆT� VHMD� 9�� 3DUD� HVWD� FRQGLFLRQDO�VHU�YHUGDGHLUD��FRPR�S� p�9�p� SUHFLVR�TXH�T� WDPEpP�VHMD�9��$VVLP��D� SURSRVLomR�S�ר��S�ĺ�T��Vy�p�YHUGDGHLUD�TXDQGR�S�H�T�VmR�9��VHQGR�IDOVD�QRV�GHPDLV� FDVRV�� 9HMD�TXH�LVVR�WDPEpP�RFRUUH�FRP�D�FRQMXQomR�S�ר�T�GD�DOWHUQDWLYD�(��TXH�Vy� p�YHUGDGHLUD�TXDQGR�S�H�T�VmR�DPEDV�9��$VVLP��WHPRV�XPD�SURSRVLomR�FRP�PHVPD� WDEHOD�YHUGDGH�TXH�D�GR�HQXQFLDGR��RX�VHMD��HTXLYDOHQWH�� 5HVSRVWD��(� � ����(6$)�±�5(&(,7$�)('(5$/�±�������$�D¿UPDomR�³$�PHQLQD�WHP�ROKRV�D]XLV�RX� R�PHQLQR�p�ORLUR´�WHP�FRPR�VHQWHQoD�ORJLFDPHQWH�HTXLYDOHQWH�� D��VH�R�PHQLQR�p�ORLUR��HQWmR�D�PHQLQD�WHP�ROKRV�D]XLV�� E��VH�D�PHQLQD�WHP�ROKRV�D]XLV��HQWmR�R�PHQLQR�p�ORLUR�� F��VH�D�PHQLQD�QmR�WHP�ROKRV�D]XLV��HQWmR�R�PHQLQR�p�ORLUR�� G��QmR�p�YHUGDGH�TXH�VH�D�PHQLQD�WHP�ROKRV�D]XLV��HQWmR�R�PHQLQR�p�ORLUR�� H��QmR�p�YHUGDGH�TXH�VH�R�PHQLQR�p�ORLUR��HQWmR�D�PHQLQD�WHP�ROKRV�D]XLV�� 5(62/8d2�� � 7HPRV�QR�HQXQFLDGR�D�GLVMXQomR�� $�PHQLQD�WHP�ROKRV�D]XLV�RX�R�PHQLQR�p�ORLUR� � � 9HMD� TXH� DOJXPDV� DOWHUQDWLYDV� GH� UHVSRVWD� VmR� FRQGLFLRQDLV�� 6DEHPRV� TXH� Ki� XPD� HTXLYDOrQFLD� ³PDQMDGD´� HQWUH� FRQGLFLRQDLV� H� GLVMXQo}HV�� SRLV� SÆT� p� HTXLYDOHQWH� D� ³aS� RX� T´�� $VVXPLQGR� TXH� D� IUDVH� GR� HQXQFLDGR� p� HVVD� GLVMXQomR�� WHPRV�TXH�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� aS� �$�PHQLQD�WHP�ROKRV�D]XLV� T� �R�PHQLQR�p�ORLUR� � � 3RUWDQWR��� S� �$�PHQLQD�12�WHP�ROKRV�D]XLV� � � (VFUHYHQGR�D�FRQGLFLRQDO�SÆT��WHPRV�� ³6H�D�PHQLQD�QmR�WHP�ROKRV�D]XLV��HQWmR�R�PHQLQR�p�ORLUR´� 5HVSRVWD��&� � ����(6$)�±�'1,7�±�������$�SURSRVLomR�³3DXOR�p�PpGLFR�RX�$QD�QmR�WUDEDOKD´�p� ORJLFDPHQWH�HTXLYDOHQWH�D�� D��6H�$QD�WUDEDOKD��HQWmR�3DXOR�p�PpGLFR�� E��6H�$QD�WUDEDOKD��HQWmR�3DXOR�QmR�p�PpGLFR�� F��3DXOR�p�PpGLFR�RX�$QD�WUDEDOKD�� G��$QD�WUDEDOKD�H�3DXOR�QmR�p�PpGLFR�� H��6H�3DXOR�p�PpGLFR��HQWmR�$QD�WUDEDOKD� 5(62/8d2�� � 1R�HQXQFLDGR�WHPRV�XPD�GLVMXQomR�� 3DXOR�p�PpGLFR�RX�$QD�QmR�WUDEDOKD� � � 9HMD� TXH� DOJXPDV� RSo}HV� GH� UHVSRVWD� VmR� FRQGLFLRQDLV�� 6DEHPRV� TXH� Ki� XPD�HTXLYDOrQFLD�³PDQMDGD´�HQWUH�XPD�GLVMXQomR�H�XPD�FRQGLFLRQDO��SRLV�� SÆT�p�HTXLYDOHQWH�D�³aS�RX�T´� � � $�IUDVH�GR�HQXQFLDGR�SRGH�VHU�UHSUHVHQWDGD�SRU�³aS�RX�T´�RQGH�� aS� �$QD�QmR�WUDEDOKD� T� �3DXOR�p�PpGLFR� � &RP� HVVDV� PHVPDV� SURSRVLo}HV� VLPSOHV�� SRGHPRV� HVFUHYHU� D� FRQGLFLRQDO� SÆT�DVVLP�� 6H�$QD�WUDEDOKD��HQWmR�3DXOR�p�PpGLFR� 5HVSRVWD��$� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ���� (6$)� ±� '1,7� ±� ������ $� SURSRVLomR� FRPSRVWD� S� ĺ� S� ȁ� T� p� HTXLYDOHQWH� j� SURSRVLomR�� D��S�Y�T� E��S�ȁ�T� F��S� G��a�S�Y�T� H��T� 5(62/8d2�� � 3DUD�D�SURSRVLomR�GR�HQXQFLDGR�VHU�IDOVD��p�SUHFLVR�TXH�S�VHMD�9�H���S�ȁ�T�� VHMD� )�� R� TXH� RFRUUH� TXDQGR� T� p� )�� (P� TXDOTXHU� RXWUR� FDVR� HVVD� SURSRVLomR� p� 9HUGDGHLUD��9HMDPRV�R�TXH�RFRUUH�HP�FDGD�DOWHUQDWLYD�GH�UHVSRVWD�� D�� S� Y� T� �� p� IDOVD� TXDQGR� S� H� T� VmR� )�� RX� VHMD�� WHP� WDEHOD�YHUGDGH� GLIHUHQWH� GD� SURSRVLomR�GR�HQXQFLDGR�� � E��S�ȁ�T���SRGH�VHU�IDOVD�TXDQGR�S�p�)��DR�FRQWUiULR�GD�GR�HQXQFLDGR�� � F�� S� �� SRVVXL� WDEHOD�YHUGDGH� GLIHUHQWH� GD� SURSRVLomR� GR� HQXQFLDGR�� DWp� SRUTXH� p� XPD�SURSRVLomR�VLPSOHV�� �� G��a�S�Y�T���Mi�YLPRV�TXH�HVVD�SURSRVLomR�p�HTXLYDOHQWH�j�FRQGLFLRQDO�SÆT���TXH�Vy�p� IDOVD�TXDQGR�S�p�9�H�T�p�)��3RUWDQWR��WUDWD�VH�GH�XPD�SURSRVLomR�FRP�WDEHOD�YHUGDH� LJXDO�j�GD�SURSRVLomR�GR�HQXQFLDGR�� � H��T���LQFRUUHWD�SHOR�PHVPR�UDFLRFtQLR�GD�DOWHUQDWLYD�&�� 5HVSRVWD��'� � ����)&&�±�757�%$�±�������$QDOLVDQGR�D�WDEHOD�GH�FODVVLILFDomR�GR�FDPSHRQDWR�GH� IXWHERO�DPDGRU�GR�EDLUUR�DQWHV�GD�UHDOL]DomR�GD�~OWLPD�URGDGD��R� WpFQLFR�GR�8QLmR� FRQFOXLX�TXH��FDVR�VHX�WLPH�YHQFHVVH�VXD�~OWLPD�SDUWLGD�RX�R�WLPH�GR�&DPLVD�QmR� JDQKDVVH�VHX�~OWLPR�MRJR��HQWmR�R�8QLmR�VHULD�FDPSHmR��6DEHQGR�TXH�R�8QLmR�QmR� VH�VDJURX�FDPSHmR��SRGH�VH�FRQFOXLU�TXH��QHFHVVDULDPHQWH�� �$��R�&DPLVD�SHUGHX�VHX�MRJR�H�R�8QLmR�SHUGHX�R�VHX�� �%��R�&DPLVD�YHQFHX�VHX�MRJR�H�R�8QLmR�YHQFHX�R�VHX�� �&��R�&DPLVD�HPSDWRX�VHX�MRJR�H�R�8QLmR�HPSDWRX�RX�SHUGHX�R�VHX�� �'��R�&DPLVD�HPSDWRX�VHX�MRJR�H�R�8QLmR�YHQFHX�R�VHX�� �(��R�&DPLVD�YHQFHX�VHX�MRJR�H�R�8QLmR�HPSDWRX�RX�SHUGHX�R�VHX� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� 5(62/8d2�� � $�³UHJUD´�GDGD�SHOR�HQXQFLDGR�SRGH�VHU�UHVXPLGD�QHVVD�FRQGLFLRQDO�� 6H�8QLmR�YHQFHU�RX�&DPLVD�QmR�YHQFHU��HQWmR�8QLmR�p�FDPSHmR� �S�RX�T��Æ�U��RQGH�� � S� �8QLmR�YHQFHU�� T� �&DPLVD�QmR�YHQFHU� U� �8QLmR�p�FDPSHmR� � &RPR� R� 8QLmR� QmR� VH� VDJURX� FDPSHmR�� YHPRV� TXH� U� p� )�� ,VVR� REULJD� D� FRQGLomR� �S� RX� T�� D� VHU� )� WDPEpP�� $VVLP�� D� QHJDomR� GH� �S� RX� T�� VHUi� 9�� (VWD� QHJDomR�p�� a�S�RX�T�� �aS�H�aT� � � (VFUHYHQGR� �aS� H� aT��� WHPRV�� R�8QLmR� 12� YHQFHX� H� R� &DPLVD�9(1&(8�� 7HPRV�HVVD�PHVPD�LGHLD�QD�DOWHUQDWLYD�(�� R�&DPLVD�YHQFHX�VHX�MRJR�H�R�8QLmR�HPSDWRX�RX�SHUGHX�R�VHX� 5HVSRVWD��(� � ����(6$)�±�3(&)$=�±�������&RQIRUPH�D�WHRULD�GD�OyJLFD�SURSRVLFLRQDO��D� SURSRVLomR�a�3�ȁ�3�p��� $��XPD�WDXWRORJLD�� %��HTXLYDOHQWH�j�SURSRVLomR�a�3�9�3��� &��XPD�FRQWUDGLomR�� '��XPD�FRQWLQJrQFLD�� (��XPD�GLVMXQomR� 5(62/8d2�� � 9HMD�TXH�D�FRQMXQomR�³a3�H�3´�p�XPD�FRQWUDGLomR��SRLV�HVWD�SURSRVLomR�p� IDOVD�WDQWR�TXDQGR�3�p�9�FRPR�TXDQGR�3�p�)��� 5HVSRVWD��&� � ����(6$)�±�$8',725�60)�5-�±�������3RU�GH¿QLomR��XP�WULkQJXOR�HTXLOiWHUR�p�R� TXH�WHP�RV�WUrV�ODGRV�LJXDLV��&RQVLGHUH�HQWmR�D�SURSRVLomR��³8P�WULkQJXOR�p� HTXLOiWHUR�VH�H�VRPHQWH�VH�RV�WUrV�kQJXORV�VmR�LJXDLV´��� 8PD�FRQFOXVmR�IDOVD�GHVWD�SURSRVLomR�p��� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� D��XPD�FRQGLomR�QHFHVViULD�H�VX¿FLHQWH�SDUD�TXH�XP�WULkQJXOR�VHMD�HTXLOiWHUR�p�D� GH�TXH�RV�WUrV�kQJXORV�VHMDP�LJXDLV�� E��RV�WUrV�kQJXORV�GH�XP�WULkQJXOR�HTXLOiWHUR�VmR�LJXDLV��� F��XP�WULkQJXOR�p�HTXLOiWHUR�VRPHQWH�VH�RV�WUrV�kQJXORV�VmR�LJXDLV�� G��VH�XP�GRV�kQJXORV�GH�XP�WULkQJXOR�p�GLIHUHQWH�GH�RXWUR�kQJXOR��HQWmR�R�WULkQJXOR� QmR�p�HTXLOiWHUR��� H��VH�XP�WULkQJXOR�QmR�p�HTXLOiWHUR��HQWmR�RV�WUrV�kQJXORV�VmR�GLIHUHQWHV�XQV�GRV� RXWURV�� 5(62/8d2��� � 7HPRV�D�ELFRQGLFLRQDO��³8P�WULkQJXOR�p�HTXLOiWHUR�VH�H�VRPHQWH�VH�RV�WUrV� kQJXORV�VmR�LJXDLV´��9HMDPRV�TXDO�GDV�DOWHUQDWLYDV�GH�UHVSRVWD�QmR�p�FRQGL]HQWH� FRP�HVWD�SURSRVLomR�� D��XPD�FRQGLomR�QHFHVViULD�H�VX¿FLHQWH�SDUD�TXH�XP�WULkQJXOR�VHMD�HTXLOiWHUR�p�D� GH�TXH�RV�WUrV�kQJXORV�VHMDP�LJXDLV� � &255(7$��SRLV�HP�XPD�ELFRQGLFLRQDO�$�l%�VDEHPRV�TXH�$�p�FRQGLomR� QHFHVViULD�H�VXILFLHQWH�SDUD�%��H�%�p�FRQGLomR�QHFHVViULD�H�VXILFLHQWH�SDUD�$�� E��RV�WUrV�kQJXORV�GH�XP�WULkQJXOR�HTXLOiWHUR�VmR�LJXDLV��� F��XP�WULkQJXOR�p�HTXLOiWHUR�VRPHQWH�VH�RV�WUrV�kQJXORV�VmR�LJXDLV�� � &255(7$6�� 'H� XPD� ELFRQGLFLRQDO� $� l%�� SRGHPRV� REWHU� DV� FRQGLFLRQDLV� $Æ%�H�%Æ$��� G��VH�XP�GRV�kQJXORV�GH�XP�WULkQJXOR�p�GLIHUHQWH�GH�RXWUR�kQJXOR��HQWmR�R�WULkQJXOR� QmR�p�HTXLOiWHUR���� &255(7$��3DUD�XPD�ELFRQGLFLRQDO�$l%�VHU�YHUGDGHLUD��TXDQGR�$�p�IDOVD�p� SUHFLVR�TXH�%�WDPEpP�VHMD�IDOVD�� H��VH�XP�WULkQJXOR�QmR�p�HTXLOiWHUR��HQWmR�RV�WUrV�kQJXORV�VmR�GLIHUHQWHV�XQV�GRV� RXWURV�� � (55$'2��6H�XP�WULkQJXOR�QmR�p�HTXLOiWHUR��p�SUHFLVR�TXH�VHXV�kQJXORV�QmR� VHMDP�WRGRV�LJXDLV�HQWUH�VL��0DV�SRGH�VHU�TXH���VHMDP�LJXDLV�H�VRPHQWH���VHMD� GLIHUHQWH��� 5HVSRVWD��(� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ����)&&�±�%$&(1�±�������6HMDP�DV�SURSRVLo}HV�� S��DWXDomR�FRPSUDGRUD�GH�GyODUHV�SRU�SDUWH�GR�%DQFR�&HQWUDO� T��ID]HU�IUHQWH�DR�IOX[R�SRVLWLYR� 6H�S�LPSOLFD�HP�T��HQWmR�� D�� D� DWXDomR� FRPSUDGRUD� GH� GyODUHV� SRU� SDUWH� GR� %DQFR� &HQWUDO� p� FRQGLomR� QHFHVViULD�SDUD�ID]HU�IUHQWH�DR�IOX[R�SRVLWLYR� E��ID]HU�IUHQWH�DR�IOX[R�SRVLWLYR�p�FRQGLomR�VXILFLHQWH�SDUD�D�DWXDomR�FRPSUDGRUD�GH� GyODUHV�SRU�SDUWH�GR�%DQFR�&HQWUDO� F�� D� DWXDomR� FRPSUDGRUD� GH� GyODUHV� SRU� SDUWH� GR� %DQFR� &HQWUDO� p� FRQGLomR� VXILFLHQWH�SDUD�ID]HU�IUHQWH�DR�IOX[R�SRVLWLYR� G�� ID]HU� IUHQWH�DR� IOX[R�SRVLWLYR�p�FRQGLomR�QHFHVViULD�H�VXILFLHQWH�SDUD�D�DWXDomR� FRPSUDGRUD�GH�GyODUHV�SRU�SDUWH�GR�%DQFR�&HQWUDO� H�� D� DWXDomR� FRPSUDGRUD� GH� GyODUHV� SRU� SDUWH� GR� %DQFR� &HQWUDO� QmR� p� FRQGLomR� VXILFLHQWH�H�QHP�QHFHVViULD�SDUD�ID]HU�IUHQWH�DR�IOX[R�SRVLWLYR�� 5(62/8d2�� � 6H�SÆT��SRGHPRV�GL]HU�TXH�p�VXILFLHQWH�TXH�S�RFRUUD�SDUD�TXH�T�RFRUUD��S�p� FRQGLomR�VXILFLHQWH�GH�T��� ,VWR�p��D�DWXDomR�FRPSUDGRUD�p�FRQGLomR�VXILFLHQWH�SDUD� ID]HU�IUHQWH�DR�IOX[R�� 7DPEpP�SRGHPRV�GL]HU�TXH�FDVR�T�QmR�WHQKD�RFRUULGR��QmR�p�SRVVtYHO�TXH�S� WHQKD�RFRUULGR��aTÆaS���,VWR�p��T�p�FRQGLomR�QHFHVViULD�GH�S��ID]HU�IUHQWH�DR�IOX[R�p� FRQGLomR�QHFHVViULD�SDUD�D�DWXDomR�FRPSUDGRUD�� 5HVSRVWD��&�� � ����)&&���'12&6���������&RQVLGHUH�D�VHJXLQWH�SURSRVLomR�� ³6H�XPD�SHVVRD�QmR�ID]�FXUVRV�GH�DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR��HQWmR� HOD�QmR�PHOKRUD�R�VHX�GHVHPSHQKR�SURILVVLRQDO�´� 8PD�SURSRVLomR�ORJLFDPHQWH�HTXLYDOHQWH�j�SURSRVLomR�GDGD�p�� �$�� e� IDOVR� TXH�� XPD� SHVVRD� QmR� PHOKRUD� R� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� ID]� FXUVRV�GH�DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� �%��1mR�p�YHUGDGH�TXH��XPD�SHVVRD�QmR�ID]�FXUVRV�GH�DSHUIHLoRDPHQWR�SURILVVLRQDO� H�QmR�PHOKRUD�R�VHX�GHVHPSHQKR�SURILVVLRQDO�� �&��6H� XPD� SHVVRD� QmR� PHOKRUD� VHX� GHVHPSHQKR� SURILVVLRQDO�� HQWmR� HOD� QmR� ID]� FXUVRV�GH�DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� �'�� 8PD� SHVVRD� PHOKRUD� R� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� QmR� ID]� FXUVRV� GH� DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� �(�� 8PD� SHVVRD� QmR� PHOKRUD� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� ID]� FXUVRV� GH� DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� 5(62/8d2�� 1R� HQXQFLDGR� WHPSRV� XPD� SURSRVLomR� GR� WLSR� S� ĺ� T�� RQGH� S� H� T� VmR�� UHVXPLGDPHQWH�� S� �SHVVRD�QmR�ID]�FXUVRV� T� �HOD�QmR�PHOKRUD� 9RFr� Mi� GHYH� WHU� GHFRUDGR�TXH� D� SURSRVLomR� aT� ĺ� aS� p� HTXLYDOHQWH� D� HOD�� 2XWUD�HTXLYDOHQWH�p�T�RX�aS��9HMDPRV�DV�HVWUXWXUDV�GH�FDGD�DOWHUQDWLYD�� �$�� e� IDOVR� TXH�� XPD� SHVVRD� QmR� PHOKRUD� R� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� ID]� FXUVRV�GH�DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� � $TXL�WHPRV�D�HVWUXWXUD��a�T�RX�aS�� � �%��1mR�p�YHUGDGH�TXH��XPD�SHVVRD�QmR�ID]�FXUVRV�GH�DSHUIHLoRDPHQWR�SURILVVLRQDO� H�QmR�PHOKRUD�R�VHX�GHVHPSHQKR�SURILVVLRQDO�� � a�S�H�T�� � �&��6H� XPD� SHVVRD� QmR� PHOKRUD� VHX� GHVHPSHQKR� SURILVVLRQDO�� HQWmR� HOD� QmR� ID]� FXUVRV�GH�DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� � T�ĺ�S� � �'�� 8PD� SHVVRD� PHOKRUD� R� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� QmR� ID]� FXUVRV� GH� DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� � aT�RX�S� � �(�� 8PD� SHVVRD� QmR� PHOKRUD� VHX� GHVHPSHQKR� SURILVVLRQDO� RX� ID]� FXUVRV� GH� DSHUIHLoRDPHQWR�QD�VXD�iUHD�GH�WUDEDOKR�� T�RX�aS� � � � 9HMD�TXH�DSHQDV�QD�OHWUD�(�WHPRV�XPD�SURSRVLomR�QR�IRUPDWR�T�RX�aS��TXH�p� HTXLYDOHQWH�D�S�ĺ�T��(VWH�p�R�JDEDULWR��� � � � � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� 9HMD�FRPR�p�LPSRUWDQWH�JUDYDU�D�HTXLYDOrQFLD�HQWUH�� S�ĺ�T� aT�ĺ�aS�� T�RX�aS� 6H�YRFr�QmR�VH�OHPEUDVVH�GLVVR��WHULD�TXH�FRQVWUXLU�D�WDEHOD�YHUGDGH�GH�FDGD� SURSRVLomR�� 5HVSRVWD��(� � ���� 981(63� ±� 32/Ë&,$� &,9,/�63� ±� ������ &RQVLGHUH� YHUGDGHLUD� D� VHJXLQWH� DILUPDomR�� 2V�SDLV�GH�&DUORV�VmR�SROLFLDLV�FLYLV�� &RP�EDVH�QHOD��D�~QLFD�DILUPDWLYD�TXH�p��FRP�FHUWH]D��YHUGDGHLUD�HVWi�FRQWLGD�QD� DOWHUQDWLYD�� D��6H�$QW{QLR�QmR�p�SDL�GH�&DUORV��HQWmR�QmR�p�SROLFLDO�FLYLO�� E��6H�0DUFHOR�p�SROLFLDO�FLYLO��HQWmR�p�SDL�GH�&DUORV�� F��6H�$QD�QmR�p�SROLFLDO�FLYLO��HQWmR�QmR�p�PmH�GH�&DUORV�� G��&DUORV�p�SROLFLDO�FLYLO�� H��&DUORV�QmR�p�SROLFLDO�FLYLO�� 5(62/8d2�� � 6H�XPD�SHVVRD�12� IRU�SROLFLDO��HQWmR�HVVD�SHVVRD�12�p�SDL�RX�PmH�GH� &DUORV��SRLV�RV�SDLV�GHOH�VmR�SROLFLDLV�FLYLV�� � $VVLP��VH�$QD�QmR�p�SROLFLDO�FLYLO��HQWmR�HOD�QmR�p�PmH�GH�&DUORV��7HPRV�LVVR� QD�DOWHUQDWLYD�&�� 5HVSRVWD��&� � ����981(63�±�32/Ë&,$�&,9,/�63�±�������(P�XPD�LPSOLFDomR�GR�WLSR�³6H�$��HQWmR� %´�� GL]HPRV� TXH� $� p� R� DQWHFHGHQWH� H� %� p� R� FRQVHTXHQWH�� &RQVLGHUH� D� VHJXLQWH� LPSOLFDomR�� 6H�-RVp�p�SURPRWRU��HQWmR�-RVp�p�R�DFXVDGRU�GRV�UpXV�� $VVLP��SRGH�VH�DILUPDU�FRUUHWDPHQWH�TXH� �$��R�DQWHFHGHQWH�p�³-RVp�p�R�DFXVDGRU�GRV�UpXV´�� �%��R�DQWHFHGHQWH�H�R�FRQVHTXHQWH�VmR�³-RVp�p�R�DFXVDGRU�GRV�UpXV´�� �&��R�DQWHFHGHQWH�H�R�FRQVHTXHQWH�VmR�³-RVp�p�SURPRWRU´�� �'��R�DQWHFHGHQWH�p�³-RVp�p�SURPRWRU´�� 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� �(��R�FRQVHTXHQWH�p�³-RVp�p�SURPRWRU´�� 5(62/8d2�� � 1HVVD�FRQGLFLRQDO�$Æ%��WHPRV�TXH�� $� �-RVp�p�SURPRWRU��DQWHFHGHQWH�� %� �-RVp�p�R�DFXVDGRU�GRV�UpXV��FRQVHTXHQWH�� 5HVSRVWD��'� � ����981(63�±�32/Ë&,$�&,9,/�63�±�������8P�HQXQFLDGR�p�XPD�WDXWRORJLD�TXDQGR� QmR� SXGHU� VHU� IDOVR�� $VVLQDOH� D� DOWHUQDWLYD� TXH� FRQWpP� XP� HQXQFLDGR� TXH� p� XPD� WDXWRORJLD�� �$��(VWi�FKRYHQGR�H�QmR�HVWi�FKRYHQGR�� �%��(VWi�FKRYHQGR�� �&��6H�HVWi�FKRYHQGR��HQWmR�QmR�HVWi�FKRYHQGR�� �'��(VWi�FKRYHQGR�RX�QmR�HVWi�FKRYHQGR�� �(��1mR�HVWi�FKRYHQGR�� 5(62/8d2�� � 9HMD�D�DQiOLVH�GH�FDGD�DILUPDWLYD�� �$��(VWi�FKRYHQGR�H�QmR�HVWi�FKRYHQGR��Æ�VHPSUH�p�)DOVD� �%��(VWi�FKRYHQGR��Æ�SRGH�VHU�)DOVD� �&�� 6H� HVWi� FKRYHQGR�� HQWmR� QmR� HVWi� FKRYHQGR� Æ� SRGH� VHU� )DOVD�� VH� ³HVWi� FKRYHQGR´�p�9�H�³QmR�HVWi�FKRYHQGR´�p�)�� �'��(VWi�FKRYHQGR�RX�QmR�HVWi�FKRYHQGR��Æ�VHPSUH�VHUi�9HUGDGHLUD��SRLV�RX�XP� ODGR�VHUi�9� �HVWi�FKRYHQGR���RX�R�RXWUR�VHUi�9� �QmR�HVWi�FKRYHQGR���7HPRV�XPD� WDXWRORJLD�� �(��1mR�HVWi�FKRYHQGR��Æ�SRGH�VHU�)DOVD� 5HVSRVWD��'� � 00239469623 00239469623 - JOAO RODRIGUES MIRANDA Z��/K�1E/K�>M'/�K�Yh�Ed/d�d/sK�W ?�/�'�� d�KZ/�����y�Z�1�/K^��KD�Ed��K^� WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ� ?��ƵůĂ� ? ?� � � WƌŽĨ ?��ƌƚŚƵƌ�>ŝŵĂ���������������������ǁǁǁ ?ĞƐƚƌĂƚĞŐŝĂĐŽŶĐƵƌƐŽƐ ?ĐŽŵ ?ďƌ���������������������������� ? ?�� ���� 981(63� ±� 32/Ë&,$� &,9,/�63� ±� ������ 6REUH� DV� WDEHODV� GH� YHUGDGH� GRV� FRQHFWLYRV� GH� GLVMXQomR� �LQFOXVLYD��� FRQMXQomR� H� LPSOLFDomR� �PDWHULDO��� DVVLQDOH� D� DOWHUQDWLYD�FRUUHWD��
Compartilhar