Brazilian financial institutions and leasing companies are allowed to transfer loans to legal entities that are not part of the Brazilian financial system, provided that: (i) the transfer of credit is carried out without the means`s commitment; (ii) the repurchase of the allocated funds is not permitted; and (iii) liquidation of the transaction must take place on sight. The transfer contract must contain all the terms and conditions and remains available to Bacen at the assignee`s headquarters. The beneficiary of the assignment must include, in his first balance sheet published after the well-being, an explanation to indicate the book value and value of the assignment as well as the consequences of the company`s net assets and the outcome of the transaction. The transfer and acquisition of loans between credit companies, Brazil`s financing and investment, commercial banks and multi-service banks with commercial and/or credit, financial and investment portfolios, which include one of Bacen`s transactions mentioned above, may lead to acceptance of changes by the assignee if the following conditions are met: (i) the loans acquired must come from financing granted on the basis of foreign exchange contracts; and (ii) with respect to the credits transferred, no acceptance of change by the assignee. Post-sale obligations: After the implementation of the proposed divestment agreements, but before the implementation of possible reductions in accordance with Section 2.22 (b) c) of each credit agreement, any person mentioned as a lender in the table below has the following obligations: it depends on the prior authorization of the Department of the Organization of the Financial System (Departamento de Organizaéo do Sistema Financeiro – DEORF) of Bacen. any transfer of credit to controlling, controlled or related individuals or legal entities, including companies headquartered in Brazil or abroad, in which the Ombudsman holds, individually or indirectly, or jointly with other partners, the rights of the partner who separately or cumulatively ensure this transferee: (i) supremacy in the decisions of the company; (ii) the power to choose or dismiss the majority of the company`s senior executives; (iii) effective operational control, characterized by joint management or management or by market actions under the same brand or trade name; (iv) control of the holdings carried out by the sum of the institution`s holdings, regardless of the percentage of holdings in its senior management, supervisory partners and associates, as well as interests acquired directly or indirectly through investment funds. Regulations do not authorize: (i) the repurchase of non-due credits that have previously been allocated; and (ii) the acquisition of credits with the proceeds of foreign exchange acceptance.