GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

Avestar Capital, LLC's Holding History (CIK: 0001704404)

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

Q1 2019

Shares 103 Value ($000) $0 Avg Close — Range —

Q4 2018

Shares 103 Value ($000) $0 Avg Close — Range —

Q3 2018

Shares 103 Value ($000) $0 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	103	$0	—	—
Q4 2018	103	$0	—	—
Q3 2018	103	$0	—	—