ARCOS DORADOS HOLDINGS INC

Ticker: ARCO CUSIP: G0457F107 Class: SHS CLASS -A -

JGP Global Gestao de Recursos Ltda.'s Holding History (CIK: 0001536562)

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

Q1 2020

Shares 936,772 Value ($000) $7,588 Avg Close $5.81 Range $2.73 - $7.32

Q4 2019

Shares 936,772 Value ($000) $7,588 Avg Close $6.58 Range $5.57 - $7.48

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	936,772	$7,588	$5.81	$2.73 - $7.32
Q4 2019	936,772	$7,588	$6.58	$5.57 - $7.48