blbw - apresentação comercial baixa final ·...

29
!"#$%&'#( *+,-.%"&%( /.#0-12$20%0+( 3-%420%0+( 5+6"#4#,2%( !"#$%&'() + !,!-.

Upload: others

Post on 05-Jun-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$%&'#()*+,-.%"&%()/.#0-12$20%0+()3-%420%0+( 5+6"#4#,2%(

!"#$%&'()*+*!,!-.

Page 2: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"# $"%&$'# ($ #)*#+,- $ $'%$./#0/1#+,- 2- "$&.#(- ($ '/')$"#' ($

#*)-"#+,-3 4$&$2./#"$2)- $ .-2)&-0$ ($ /25-&"#+6$'3 )&#7#08#2(-

.-" -' "#/' "-($&2-' $ &$.$2)$' $9*/%#"$2)-'3 '-:;#&$' $ )<.2/.#'

%#&# -5$&$.$& #- '$* 2$4=./- #' '-0*+6$' 9*$ $0$ 2$.$''/)#>

?@?ABC ?DEFG@BHB?@?ABC IJDK!LE@ ;;;>707;>.-">7&

!"#$%&%'()#*+&,$-./%#*)*0)/1"./%#234567

38$9:%';9*)*2.#$):%#*!"$)<-%=9#>%.",.#4?@AB

F-0*+6$'BM2/.#'3B%&-(*)-'B$B'$&N/+-'B%#&#B/2(M')&/#'BOBBBBBBBBPB$B$"%&$'#'B($B'#2$#"$2)-BO P

Page 3: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

+7589:;65< =9<9>?53?965< @;27A4;65<$B$)><:;3;65<

CDE97AF>4A;$G$:HI51$,<$E7589:5<$<J5$

93;257;I5<$E93;$9>K9>L;7A;M$456$

9D43H<A?AI;I9$E;7;$4;I;$43A9>:91$'456E;>L;69>:5$E75NA<<A5>;3$96$

:5I;<$;<$9:;E;<$I5$E7549<<51

(53HOP9<$Q>A4;<$9$A>5?;I57;<1$

=9<9>?53?965<$9$A>:9K7;65<$5<$6;A<$65I97>5<$9RHAE;69>:5<$9$<5S0;79<$

IA<E5>T?9A<$>5$6974;I51

UH;3AI;I9$RH9$K97;$79<H3:;I5<1$V5<<;$9RHAE9$

I9$E75W<<A5>;A<$9<E94A;3AX;I;$96$93G:7A4;M$;H:56;OJ5$9$694Y>A4;M$9<:Z$E79E;7;I;$E;7;$;:9>I97$;5<$6;A<$?;7A;I5<$<9K69>:5<$I;$

A>IQ<:7A;M$>;$65>:;K96$I9$E;A>GA<M$A><:;3;OJ5$I9$<A<:96;<$9$9RHAE;69>:5<1

Page 4: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

859:;<=$=3>?6=@$A=@$;6B7;@=@$A5@$6=C@$ACD;7@5@$@;>6;9E5@$F?;$;@453:;7=6$@53?<G;@$!"!#1

Page 5: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

Page 6: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$%&'(&

)%*+$,-.+&+"

/$&0.+&+"

1"2'*0*#.&

3'*-&(4*5'+.2"

Page 7: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

)859:;<5

=>?)@A

Page 8: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

)859:;<5

.6:$=>?=7@A84@:$752BCD:$=$@8DB@E9:$8:$@6?3:8D:;<5$F=$C@CD=6:C$:BD56:EG:F5C(:8!5> H$B6$=IB@?:6=8D5$?:7:$5$BC5$=6$C@CD=6:C$F=$C:8=:6=8D5$456$:C$4:7:4D=7JCE4:C$F=$458D753=K$L=7=84@:6=8D5$=$D=3=6=D7@:$F=$=CD:;M=C$=3=9:DN7@:C$F=$OLB:$=$=CL5D5K$?5;5CK$255CD=7C1

PQR)ST

Page 9: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

)859:;<5

=>?)@A

'$8B4BCCDE:EB$E:$(:8!5F

@56 5 47BC4B8GB :H6B8G5 E: I5IH3:;<5 B 4584B8G7:;<5 H72:8:J 6H3KI3D4:6%CB :C EB6:8E:C EB LMH: B G7:G:6B8G5CJ:CCD6 4565 : 8B4BCCDE:EB EB I75GBMB7 5C 7B4H7C5C 8:GH7:DC 4:E: 9BN 6:DC BC4:CC5CJ :3D:E5 : H6: D8O7:BCG7HGH7:MB7:36B8GB :8KM: PHB :H6B8G: 6HDG5 : I752:2D3DE:EB EB M7:9BC O:3Q:C B IB7E:C EB 7B4H7C5C1

.6 E5C 6:D57BC EBC:R5C I:7: 5C I7SFD65C :85C T 5 :H6B8G5 E: I75EHK9DE:EB B E: BR4DU84D: E5C I754BCC5CI75EHK95C1 ' :HG56:;<5 I:7: 6B3Q57D: E5C I754BCC5C I75EHK95C B E: I7BCG:;<5 EB CB79D;5C GB6 I:IB3 OH8E:6B8G:38BCCB 4B8L7D5 EB EBCB89539D6B8G51

>5 4:6I5 GT48D45 EB B3B9:GS7D:C EB LMH: B BCM5G5J I57 BFB6I35J QL H6: M7:8EB 8B4BCCDE:EB I57 CDCGB6:C EB 458G753BB 658DG57:6B8G5 :HG56:KN:E5C PHB CH2CKGH:6 5IB7:;VBC 6:8H:DC BW5H D8BR4DB8GBC EB CDCGB6:C EB 2562B:6B8G5B 458G753B EB 9L39H3:C1 @56 85CC5C CDCGB6:C BCG:7B65C 47D:8E5 9:357 I:7: G5E:C :C B6I7BC:CJ :HG:7PHD:C B EB6:DCI:7K4DI:8GBC E5 4D435 EB MB7:;<5 B G7:G:6B8G5 EB LMH: B BCM5G5C1

Page 10: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!" #$%&%'()*+,*,&,-.()/*%0,-)12%*,*')&34,&12%56" 7%&,82%*-,'%4)*,*%0,-)12%*0%-*+(90%9(:;%9*'<;,(95=" >)-+?)-,*-%@394%/*)A4)*$%&B)@(A(+)+,*,*,8$,A,&4,*+,9,'0,&C%5D" E&94)A)12%*FG$(A*,*,'*+(;,-9%9*:0%9*+,*)'@(,&4,9"

H(&+)I! J30%-4) 3') )'0A) F)(8) +, 4,'0,-)43-) , C3'(+)+,5! K,9(94,&4, ) G.3)/ 0%,(-) , %34-%9 ).,&4,9 ,84,-&%95! E'3&, ) -3L+%9 , (&4,-F,-M&$()9 ,A,4-%').&N:$)9/ 9,' $)39)- (&4,-F,-M&$()9 ,' %34-%9 +(90%9(:;%95! O-%4,12% &) )A(',&4)12% , &%9 0%&4%9 +, ,&4-)+)9 , 9)L+)9 P+(.(4)(9 , )&)A<.($%9Q $%&4-) +,9$)-.)9

)4'%9FN-($)9/ 93-4%9 +, 4,&92%/ $3-4%R$(-$3(4% , 9%@-,$%--,&4,"! J30%-4, ) +(;,-9)9 -,+,9 +, $)'0% $%'% S%+@39 KTUVT7O/ O-%B&,4 , >HKT"

WXWY*R WKHJEX*Z*WXWY*R O[KTU\HX ???"@A@?"$%'"@-

E&%;)12%

]^_E7#

W,&,`$(%9*+)*J)&W%8I

Page 11: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$

%$

!"#$%"&'()'(*$+(,(-".-*/

!"#$%"&'()'(#01'&(*$%*1+/()'(-23*/('4"5($%*#/.3//"%

6"#3$"%*(7"8"()'(/598:";(9'/$"('($5-5&*8:"

<")'(/'%(3#/$*&*)"('.(7*%=)*/()3%'$*/;(9".(/">?/$*%$'%/("5(3#1'%/"%'/()'(@%'A5B#93*

<'%.3$'(*(5=&3C*8:"()"/(.*3/()31'%/"/(=7"/()'(3#/$%5.'#$*8:"($*3/(9"."(7%'//"/$*$"/;($%*#/.3//"%'/()'(1*C:";(7%'//:"('(#01'&

6"#3$"%*.'#$"()'($'.7'%*$5%*('(5.3)*)'('.(-".-*/

&#'(

!"#$%"&'()'(*$+(,(-".-*/

D$'#)'(*(E""/$'%/;(<"8"/('(F&'1*$2%3*/()'(GH5*

6"#3$"%*(#01'&;(1*C:"('(7%'//:"($*#$"(#*(/598:"(9"."(#"(%'9*&A5'

<")'(/'%(3#/$*&*)"('.(7*%=)*/()3%'$*/;(9".(/">?/$*%$'%/("5(3#1'%/"%'/()'(@%'A5B#93*

<'%.3$'(*(5=&3C*8:"()"/(.*3/()31'%/"/(=7"/()'(3#/$%5.'#$*8:"($*3/(9"."(7%'//"/$*$"/;($%*#/.3//"%'/()'(1*C:";(7%'//:"('(#01'&

6"#3$"%*.'#$"()'($'.7'%*$5%*()*/(-".-*/

EIEJ(? EKDLMI(N(EIEJ(? <OKPQRDI SSST-&-ST9".T-%

M#"1*8:"

UVWM!F

!*%*9$'%0/$39*/(H'%*3/()*/(*7&39*8X'/

Page 12: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$%&'($ )*+,-$) $ *"#.*/0'1 02(3 #$%4 '($))2 ' #252) 2)/,2) 5$ *"&2%+'67$) ,'%' 2 (2"#%2-$ '8)2-.#2 5$ ).')2,$%'67$)9 : ;'"82< ,2)).* (2+."*('6=2 0*' >*?@* $A#B$%"$#1 (2+ )*)#$+') 5$ )$C.%'"6' $ ,%2#$6=2 5'*"&2%+'6=2 (2+ D%$E'--1 (%*,#2C%'D' $ FGH9 :I2"DC.%'6=2 J &$*#' 5$ K.'-K.$% "'0$C'52% >AL1 $+ .+(2+,.#'52%1 2. 5*),2)*/02 +M0$-1 (2+2 .+ #'8-$# 2..+ )+'%#,B2"$9 : ;'"L2< ,25$ #$% .+' !NO P!"#$%&'($N2+$+O4K.*"'Q -2('-9

!"&2%+'67$)R'R).'R5*),2)*6=2

LSL>R? LT:;!SRURLSL>R? GVTWXY:S EEE98-8E9(2+98%

!"20'6=2

ZH[!IA

Page 13: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$%&$ '($&&') ' *+,-.' #$ "*$)'/0" *')' '("1*'.2') " 34.(-".'1$.5" #" &-&5$1'6 ' $7-&58.(-' #$ '9$)5'& $ '9')1$&

$1 #$("))8.(-' #$ 3'92'& #$ *)"($&&" "4 #$ $:4-*'1$.5"&; <"#"& "& $=$.5"&6 '9')1$& $ #'#"& 2-&5>)-("& &0" ,)'='#"&

$1 41 (')50" ?@ #$ 3")1' (A(9-('; B &-&5$1' *"&&-C-9-5' ' "*$)'/0" 1'.4'9 #"& $:4-*'1$.5"& *')' &-54'/D$& #$

(".E.,8.(-' "4 1'.45$./0"6 F .'=$,'/0" $ "*$)'/0" G (".5)"9'#' *") 4&4+)-"& $ .A=$-& #$ '($&&"6 :4$ *"#$1 &$)

()-'#"&6 $#-5'#"& $ $7(94A#"& .' *+,-.' #$ ,$)$.(-'1$.5" #$ 4&4+)-"&;

F("1*'.2'1$.5"H#'H"*$)'/0"H."H&-&5$1'

IJIKH% ILF?MJHNHIJIKH% !BL<OPFJ QQQ;C9CQ;("1;C)

M."='/0"

RS@MTU

Page 14: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

(89:7;<=;

>?@)AB

Page 15: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

(89:7;<=;

>535?:8$@:;$86A78@;$86$A;B7C5$D<E87<;4D5<;3>5<E8 456 ; !"!# A;7; 5 A75F8E5G D6A3868<E;=C5 8 ;B;AE;=C5 B8 8?:DA;68<E5@ A;7;;E8<BD68<E5 B; H&%IJ K(89:7;<=; <5 -7;2;3L5 86 MN?:D<;@ 8 O?:DA;68<E5@P1

' 8?:DA8 B8 8<98<L8D75@G 5A87;=C5G 98@EC5 8 A3;<8F;68<E5G B8Q<8 ; 683L57 @53:=C5 86;B8?:;=C5 B8 6N?:D<;@ @86 987;7 45<E7;E86A5 A;7; 5 @8E57 B8 A75B:=C5 B;@ 86A78@;@GB8@8<R53R8<B5 A75F8E5@ 456 ;3E; E84<5359D; 8 ;9D3DB;B81

SHT)>O

!"#$%

Page 16: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

+57$89:$;$!"!#<, =:7>?@5 A: ;A:89;@B5 A: 6C89?D;= 5E:7:4: 5 89: FC A: 6;?= 65A:7D5 G;7; H5A5= 5= IG5= A: 6C89?D;= :=?6?3;7:= G;7; :6G7:=;= ?DA9=H7?;?= ;9H5652?3J=I4;=K ;3?6:DL4?;=K ;9H5G:@;=K F?M?:D: : =;NA:1 O56 96; :89?G::PH7:6;6:DH: 89;3?Q4;A; : G7:549G;A; :6 6:3F57 ;H:DA:7 ;= D:4:==?A;A:= A: =:M97;D@; :6 96 ;62?:DH: A:H7;2;3F5K 456 5= 6:3F57:= 6;H:7?;?= : =539@R:= G;7; ;A:89;@B5 A: 6C89?D;= 45DE576: ; S&%TU1

' !"!# 45DH; 456 G3;DH; G7VG7?; G;7; 65DH;M:D= W:3XH7?4;K 6:4YD?4; : 4;3A:?7;7?;ZK E;4?3?H;DA5 ;==?6K ; :P:49@B5A5= G75[:H5= A: ;A:89;@B5 A: 6C89?D;= :6 6:D57 H:6G5K M;7;DIDA5 89;3?A;A: =:6 G7:[9A?4;7 ; G75A9@B51

\S])O^

(:M97;D@;

! _;H:7?;?=$7:=?=H:DH:=$:$;A:89;A5=$;$4;A;$6C89?D;`! ]?=G5=?I>5=$A:$=:M97;D@;$H5H;36:DH:$4:7IQ4;A5=`! &:=?=HaD4?;$b=$45DA?@R:=$;62?:DH;?=$A5$354;3$5DA:$:=HB5$?D=H;3;A;=`! +75G574?5D;7$45DA?@R:=$A:$F?M?:D:$:$3?6G:c;`! )6G:A?7$5$;4:==5$b$c5D;$A:$G:7?M5`! ";9A5$A:$;D;3?=:$A:$7?=45$:$3;9A5$A:$;A:89;@B5$456$% '&-$W'H:=H;A5$A:$7:=G5D=;2?3?A;A:$HX4D?4;Z1

-5A5=$D5==5=$G75[:H5=$;H:DA:6$5=$7:89?=?H5=$A:$=:M97;D@;$=:M9DA5$;$S&%TUd

Page 17: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

,$89:$;$<$=&%>?@, 52A:BC5 2DEF45 G< <G:89<HI5 G: 6D89FJ<E K =&%>? ; < G:LJFHI5 G: 7:M:7NJ4F<EO;4JF4<EP G5E Q7FJ4RQF5E M9JG<6:JO<FEP <3;6 G: 6:GFG<E Q75O:BC<E 89: S<7<JO<6 <FJO:S7FG<G: TEF4< : < E<UG: G5E O7<2<3V<G57:E : O<62;6 J< Q7:C:JHI5 G: <4FG:JO:E :G5:JH<E 3<257<FE1 W<E5 < LE4<3FX<HI5 FG:JBL89: <3S96< F77:S93<7FG<G:P Q5G:%E: :6FB7F6:GF<O<6:JO: <9O5E G: FJM7<HI5P E:6 < Q5EEF2F3FG<G: G: 45J4F3F<HI5 456 < :6Q7:E<PFJG:Q:JG:JO: E: < :6Q7:E< 89FE:7 E: 7:S93<7FX<71

' !"!# 3:C<JO<7D <5 43F:JO: FJM576<HY:E G: 7FE45 456 2<E: J< =!& )(, >?1>ZZ G: ?Z>[1'Q5JO<JG5 G:JO7: 5E [\Z FO:JE G< J576<P 5E 7FE45E :J45JO7<G5E : <E Q5JO9<HY:E9B3FX<JG5 5 6;O5G5 ]&= ^]<X<7G &<J_FJS =962:7`1

(565E :EQ:4F<3FEO<E J< F6Q3<JO<HI5 =&%>?P 45JO: 456 < !"!# Q<7< 6:3V57<7 <E:S97<JH< J5 E:9 <62F:JO: G: O7<2<3V51

a=b)Wc

(:S97<JH<

Page 18: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"#$#%&'

! !"#$%&'"&()*'&'+$,-.&,/0*,#&'%/'

012$.,/'*'"$/"'*#/3/"'%*'&3*)/45&6

! 7,18."*'%*')."-&'9%*#*)0.,/)'&',:;*8'%*'

"*<$)/,4/='7>?'@'A/$%&'-&0'B./<,C"#.-&6

! D*)/%&'$0'%&-$0*,#&'.,.-./8'3/)/'&'

3)*3/)&'%/"'/%*2$/4E*"',*-*""1)./"6

FAFG'H F>7IJA'K'FAFG'H LM>?ND7A OOO6(8(O6-&06()

PQBJR!

I*<$)/,4/

L)&-*""&

!"#$#%&(

! M'%*3/)#/0*,#&'%*'*,<*,S/)./'%*#*)0.,/)1'

&"'"."#*0/"'%*'3)&#*45&'3/)/'012$.,/'*'

*2$.3/0*,#&"'2$*'/#*,%/0'/'Q>HTU6

! R&,+*-45&'%*'3)VH3)&W*#&'%*'"*<$)/,4/'*0'

XB'9Y*-Z,.-&['*8V#).-&['3,*$01\-&'*'

S.%)1$8.-&=['-&0'&'3&".-.&,/0*,#&'%&"'

+*-S/0*,#&"'*'%&"'-&03&,*,#*"'%*'

"*<$)/,4/'3/)/'/3)&;/45&'%&'-8.*,#*6

! 73C"'/'/3)&;/45&['.,.-./H"*'/'<*)/45&'%&"'

3)&W*#&"'%*],.\;&"['-&03)/'%*'0/#*)./."'*'

-)&,&<)/0/'%*'0&,#/<*0['/0(&"'%*],.%&"'

-&0'-8.*,#*'*'/'FAFG6'''

!"#$#%&)

! !^*-$45&'%/'*#/3/'%*'0&,#/<*0'*'.,#*);*,45&'

,/'012$.,/'*'*2$.3/0*,#&6

! _.,/8.`/45&'%/"'*#/3/"'%*'0&,#/<*0'*'

/%*2$/45&'-&0'"*$"'/))/,W&"'a".-&"'

.%*,\]-/%&"'*'0/2$.,/'#&#/80*,#*'3)&#*<.%/'

9Y*-Z,.-/['!8V#).-/['L,*$01\-/'*'b.%)1$8.-/=6

! !,#)*</'%&"'3)&W*#&"'2$*'"*']`*)/0'

,*-*""1).&"'3/)/'&'3)&-*""&['%&-$0*,#/4E*"'*'

#)*.,/0*,#&"'%*'"*<$)/,4/6

! A/$%&'],/8'*'7>?'97#*"#/,%&'/'-&,+&)0.%/%*=6

Page 19: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:);<

(=>?7@AB@

!=A=C4D5E

!"#$%&'()*()+%,-(./%)")*%)(+0'"*1")2")1&(0(#$%F?A4D5AG7D5E$H75I?J=6$6=3K57$=$L4@6$6@DE$45AL@AM=E$N?@AI5$E=$E=AM=6$H75M=>DI5E$=$D6H57M@AM=E$H=3@$=6H7=E@1$-7@2@3K@7$456$ID>ADI@I=$O@J$456$N?=$5E$H7523=6@E$54?H@4D5A@DE$ID6DA?@61

3&%24,-'2(2"

'?6=AM5$I@$PDI@$QR3$I5E$=N?DH@6=AM5ES$M@62T6$=PDM@$4?EM5E$ID7=M5E$=$DAID7=M5E$H57$@4DI=AM=E$=$I5=AB@E$54?H@4D5A@DE1

!"#$%&'()*()'+(5"+)2")"+6&"7(

'U?I@$A@$D6@>=6$=$47=ID2D3DI@I=$I@$=6H7=E@S$65EM7@AI5$N?=$E=$H7=54?H@6$456$@$E=>?7@AB@$I=$E=?$O?A4D5AG7D5E$=$M7@2@3K@6$I=AM75$I@E$A576@E1

Page 20: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

+7589:;<8=8>

?@A)BC

Page 21: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

' !"!# 8599:; :6< =>:;8= ?= 875@;99;5A<;9 =98=4;<3;B<?< =6=3CD7;4<E <:D56<FG5E ;A9D7:6=AD<FG5 = 6=4HA;4<E 8<7< < 65AD<I=6= ;A9D<3<FG5 ?= 9;9D=6<9 = =>:;8<6=AD59 A59 6<;9 J<7;<?599=I6=AD59 ?< ;A?K9D7;<1

L5AD= 456 A5995 45785 DC4A;45 ?=9?= 5 ;AM4;5 <DC < @;A<3;B<FG5 ?59=: 875N=D5E ?< =AD7<?< ?= =A=7I;< <DC < <:D56<FG5E 7=<3;B<A?5D5?59 59 D=9D=9 6=4HA;459 = =3CD7;459 A=4=99O7;591

PQR)LS

!"#$%&'#()*#+,($-.%.(

+75?:TJ;?<?=

Page 22: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

)89:;<7 :6 25=; >8;?=3=@A:; >8BC;?7>=>; B:8?75B= :6D7:;= E FC8B=6:8?=3 D=7= D7:9:8>7D7523:6=; : G=;?5;1 .6= 527= :H>G: >8;?=3=@A:;456 D:7F:>?= >8?:G7=@I5 :8?7: 6=JC>8K7>5L>8F7=:;?7C?C7= : ;>;?:6=;L D=7= >;;5 = !"!#5F:7:4:M

NOP)QR

! R8?7=B=$B:$:8:7G>=$B:$2=>H=$:$6EB>=$?:8;I5S! )3C6>8=@I5S! P>;?7>2C>@I5$B:$F57@=S! )8;?7C6:8?=@I5S! (+P'$:$'?:77=6:8?5S! T=8C?:8@I5$:$7:=B:JC=@I5$:6$>8BU;?7>=;1

->D5;$B:$>8;?=3=@A:;

+75BC<9>B=B:

Page 23: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:3;<:<=

>?@)AB

Page 24: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:3;<:<=

>:?=:6=@A5 <:B @=4=BB;<:<=BC <=B<= 5 <=B=@D53D;6=@A5 <5?75E=A5 :AF : G:27;4:HI5 <= ?:;@F;BC 9J3;K:@<5 A=4@535L;: <= M3J6:L=7:HI5 @5B =N9;?:6=@A5B = 456?5@=@A=B1

OPQ)RS

!"#$%#&

+:;@F;B$<=B=@D53D;<5BT! +:;@F;B$<=$<;BA7;29;HI5U! +:;@F;B$<=$:4;5@:6=@A5BU! +:;@F;B$<=$45@A753=$=$:9A56:HI51

Page 25: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:3;<:<=

>?@)AB

C=;D5E$F:7:$<97:7,E 6:D=7;:;E 9E:<5E G: 45GED79HI5J EI54:F:K=E <= 7=E;EL7 : =EM57H5E 6=4NG;45EJ=3OD7;45E = DO76;45EJ :EE;6 4565 :5E=M=;D5E <: 96;<:<=1 , 45GP9GD5 O <;EF5ED5<= 6:G=;7: Q9= M:4;3;D= : E9: 5F=7:HI5 =6:G9D=GHI5 =J :5 6=E65 D=6F5J Q9=:EE=R97= 5 R7:9 G=4=EES7;5 <= E=R97:GH:1,E F:;GO;E F5<=6 E=7 4=7LT4:<5EJ<=F=G<=G<5 <5 =E45F5 <5 F75P=D51

Page 26: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

-849535:;<

=>?)@A

Page 27: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

,8 975:;<58 8=5 >;?<58 @; >576A ;B43C8?DA9A7A 4A@A 43?;E<;F ?E<;7>A4;8 9;785EA3?GA@A8ACB?3?A6 EA 59;7AH=5F <57EAE@5 8?693;8 ;;I4?;E<; 9A7A 5 C8CJ7?51

KLM)NO

!"#$%&'($)*+,-#*%&-)./#*01&2$-,9;7AHP;8$8?693;8F7J9?@A8$;$D?8CA?8

-;4E535Q?A

Page 28: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:);<

-7=2=3>5?$@A?ABC53CD@5?E! )FGH! +75I7=6=JK5$;"+H! +75I7=6=JK5$@A$?D?LA6=?$@A$?MNA7CD?K5H! )BLAI7=JK5$456$2=B45$@A$@=@5?H! FD?L57D=@57A?1

;5BL753A$L5L=3$@A$?M=?$5NA7=JOA?' !"!# =B=3D?= 5? N754A??5? A ?D?LA6=? @= A6N7A?= AP =L7=CQ?@5 @A?ABC53CD6ABL5 A DBLAI7=JK5 @5? ?5RL0=7A?P 5RA7A4A?53MJOA? @A IA7AB4D=6ABL5 A 45BL753A @A DBR576=JOA? A5NA7=JOA? N=7= L5@=? =? S7A=?1

-A4B535ID=

Page 29: BLBW - Apresentação Comercial baixa final · !"!#$%!&'()"$*$!"!#$%+,&-./'" 000123201456127)859:;?)@a '$8b4bccde:eb$e:$(:8!5f @56547bc4b8gb:h6b8g5e:i5ih3:;

!"!#$% !&'()"$*$!"!#$% +,&-./'" 000123201456127

89:);<

=>>$?@$ABAC$CA?B456D74EF3G23201456127