Tobias Stirnberg Partner

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Tobias Stirnberg Partner VCARD SHARE CONTACT [email protected] SÃO PAULO Av. Brigadeiro Faria Lima, 4100 5th Floor 04538-132, São Paulo, SP, BR T +55 11.3927.7702 F +55 11.3927.7777 Tobias Stirnberg is a founding partner of Milbank’s São Paulo office. He has represented Brazilian and international companies, sponsors and lenders in their cross-border work involving Brazil for more than 15 years. Primary Focus & Experience Mr. Stirnberg has extensive experience in finance, M&A and restructuring matters, across a broad range of industries, including energy, infrastructure, transportation, financial services, metals and mining and industrials. Among his recent representations: Gol, Embraer, CSN, CCR, B3, Braskem, JSL and Klabin in corporate finance, M&A and corporate governance matters EIG, Goldman Sachs, Patria and Golar Power on a variety of energy and infrastructure projects and bank and capital markets financings Avianca Holdings (Colombia), Andrade Gutierrez, Oi, QGOG and Embraport on financial restructuring matters Recognition & Accomplishments He holds a PhD from the University of Friedrich Schiller in Jena, Germany and a post- graduate degree from the University of Chicago School of Law (LL.M). He is consistently ranked for his capital markets work in Brazil by Chambers Global, Chambers Latin America and as a leading lawyer in IFLR Energy and Infrastructure: Latin America. He speaks English, Portuguese and German. ADDITIONAL DETAILS EDUCATION University of Chicago Law School, LL.M. Friedrich Schiller University, Dr. Ludwig-Maximilians Universitat, First State Exam ADMISSIONS New York EXPERIENCE Banking and Leveraged Finance Capital Markets Corporate FinTech High Yield Debt Offerings Investment-Grade Debt Mergers and Acquisitions Private Placements Public and Private Equity Offerings Gaming and Hospitality Healthcare Technology Latin America Latin America Capital Markets Latin America Disputes Latin America Energy and Infrastructure Latin America Financial Restructuring Latin America Project Finance FEATURED NEWS Milbank Advises J.P. Morgan on Landmark $1.8 Billion Financing for Mubadala Capital’s Acquisition of the Landulpho Alves Refinery, Largest in Brazil’s History Milbank Continues to Lead the Way in 2021 Brazilian IPO Market Brazil’s Hot IPO Market: “Que Legal!” Milbank Kicks Off 2021 Advising on 14 Capital Markets Transactions In Brazil Milbank Advises on Three Sustainability-Linked Bond Issuances in Brazil © 2021 MILBANK LLP ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME..

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Klabin Sustainability-Linked Bond Framework
Klabin Sustainability-Linked Bond Framework December 2020 Contents: 1. Introduction 2. Approach to Sustainability 3. Rationale for Issuance 4. Alignment with the Sustainability-Linked Bond Principles, 2020 4.1 Selection of KPIs 4.2 Calibration of Sustainability Performance Targets (SPTs) 4.3 Bond characteristics 4.4 Reporting 4.5 Verification 1. Introduction For over 121 years, Klabin has been part of the daily lives of millions of people by creating customized sustainable solutions for various industrial sectors, operating 18 plants in Brazil and one in Argentina. Klabin is Brazil’s largest producer and exporter of packaging paper, leading producer of cardboard, corrugated cardboard packaging and industrial bags in Brazil, and also the country’s only company to offer the market the finest solutions in hardwood (eucalyptus), softwood (pine) and fluff pulps. In order to contribute to the development of a sustainable economy and inspire final consumer choices, Klabin prioritizes the prosperity of the planet, generating value for its investors, employees and business partners. To put this commitment into practice, since 2016 Klabin is a voluntary supporter of the United Nations 17 Sustainable Development Goals (SDGs) and since 2019 aligned the company’s Sustainability strategy to the goals of the 2030 Agenda. In December 2020, Klabin has announced its official set of public targets, available on kods.klabin.com.br website. Klabin has been included in the Brazil’s B3 Corporate Sustainability Index (ISE) since 2015 and recently has been included in the Dow Jones Sustainability Indices World and Emerging Markets. The company has a strong performance in the WWF Environmental Paper Company Index with a 90.5% score and is also on the Leadership category in CDP’s programs Water Management, Climate Change, Forests and Supplier Engagement Rating.
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