SPDR INDEX SHS FDS

Ticker: FEZ CUSIP: 78463X202 Class: EURO STOXX 50

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q1 2016
Shares 67,498 Value ($000) $2,243 Avg Close — Range —
Q4 2015
Shares 31,288 Value ($000) $1,077 Avg Close — Range —
Q1 2014
Shares 107,360 Value ($000) $4,580 Avg Close — Range —
Q4 2013
Shares 282,360 Value ($000) $11,916 Avg Close — Range —