VALID SOLUCOES SA

CUSIP: B13NPP2 Class: COM

BLAIR WILLIAM & CO/IL's Holding History (CIK: 0000902367)

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

Q2 2015
Shares 1,033,200 Value ($000) $16,351 Avg Close — Range —
Q1 2015
Shares 726,600 Value ($000) $10,187 Avg Close — Range —
Q4 2014
Shares 564,400 Value ($000) $9,003 Avg Close — Range —
Q3 2014
Shares 180,800 Value ($000) $2,802 Avg Close — Range —