Azul SA

Our firm was founded to help small investors build significant capital over time. Since we believe in owning as many promising stocks as possible, we generally buy on margin.* Borrowing to invest can force liquidations if the market collapses, so we try to balance this exposure by selling short. This ability to seek investments both up and downstream is rarely available to smaller investors. We, however, view it as an effective tool that doubles our clients' dollars at work (it also doubles our commissions), while moderately reducing their exposure to abrupt swings in the market. Our approach is not for the short-term investor. Clients must be able and willing to accept risks. Accounts will experience sharp fluctuations month to month, year to year. It takes a strong stomach to invest with us. Clients entrust decision making for their accounts to us: we buy and sell without asking our clients to authorize in advance each transaction. We are paid commissions for our work

FGIM primarily provides advice with respect to equity investment strategies; however, they do not recommend a particular type of security. The firm is a multi strategy investor that manages portfolios of equity and fixed-income investments for institutional and private clients. Their strategies include core international/emerging market equities; international equity; international small- and mid-cap equity; balanced/asset allocation; managed risk and the Kaufmann Accounts. The Kauffman strategy invests in small, mid or large cap stocks, utilizing a fundamental bottom-up process seeking growth companies and may invest in less developed or emerging markets.

Part of Morgan Stanley, Morgan Stanley Uruguay Ltda. is a Uruguayan company located in Montevideo that provides investment advice.

Zweig-DiMenna Associates seeks to achieve their clients' investment objectives primarily through a strategy of investing and trading in equities of U.S. and foreign companies, both long and short, and other financial instruments. The firm Zweig-DiMenna primarily uses fundamental analysis in the selection of both long and short positions.For certain funds and managed account clients, Zweig-DiMenna employs a long/short strategy and fundamental analysis stock selection approach with a focus on natural resources and energy investments. Such investments generally include the securities of companies principally engaged in owning or developing natural resources, or supplying goods and services to such companies, as well as companies principally engaged in energy-related activities.For certain funds, Zweig-DiMenna employs a focused strategy which generally consists of a more concentrated portfolio of long and short equity positions (approximately 30-40 positions).The investment exposure for the funds' accounts may range from net short to net long with some leverage.

Hainan Airlines Holding Co., Ltd. engages in the international and domestic air passenger and air transport services. It specializes in regular and irregular air passenger and cargo transportation. Its business includes service business related to air transport, air travel, onboard supplies, aviation equipment, aviation ground equipment and spare parts; terminal service and operation, and insurance concurrent agency services. The company was founded on October 18, 1993 and is headquartered in Haikou, China.