Company Kallas Incorporações e Construções S.A.

Kallas Incorporacoes e Construcoes SA is a Brazil-based company that operates in several segments of the real estate market: in the construction and development of residential units in the economic segment (including the governmental housing programs Minha Casa Minha Vida and Casa Verde e Amarela), in the medium and high standard; in the development of planned neighborhoods and subdivisions; and sales. The Company has a portfolio of businesses in the various segments and niches of the real estate market, which provides it with diversification and flexibility. The Company and its subsidiaries operate on different fronts of the real estate market: construction, development, urban development, sales and after-sales. In all of its projects, the Company works in a fully vertical manner, being directly involved in all stages of the real estate cycle, from the acquisition of the land and project design to the provision of after-sales services.