Demarest Acted As Deal Counsel Assisting Between Gaia Florestal Securitizadora And BB Banco De Investimentos S.A.

DEALS AND TRANSACTIONS

Summary of Transaction Demarest acted as deal counsel assisting the parties involved on the preparation of the documentation of the offering, and negotiation of its terms and conditions.

Public offering with restricted sales efforts (CVM Regulation 476/2009) of 122 (one hundred twenty two) certificates of agribusiness receivables ("CRA"), issued by Gaia Florestal Securitizadora S.A. ("Gaia"), amounting to BRL 40 million. BB Banco de Investimentos S.A. ("BB-BI") acted as the leading placement agent.

Use of structured financings, such as the CRA, in the capital markets is a trend the agribusiness sector will follow to provide the necessary funds it needs to comply with the demand within the following years. This CRA offering is the first implemented by Banco do Brasil - the largest agribusiness financer in Brazil - and...