KLABIN SA

Ticker: KLBAY CUSIP: 49834M100 Class: Common Stock

NAPLES GLOBAL ADVISORS, LLC's Holding History (CIK: 0001582151)

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

Q1 2014
Shares 22,025 Value ($000) $213 Avg Close — Range —
Q4 2013
Shares 5,360 Value ($000) $279 Avg Close — Range —