GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

Bienville Capital Management, LLC's Holding History (CIK: 0001605070)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018
Shares 1,474,001 Value ($000) $6,869 Avg Close — Range —
Q4 2017
Shares 900,000 Value ($000) $3,348 Avg Close — Range —
Q3 2017
Shares 450,000 Value ($000) $1,544 Avg Close — Range —