Operating Rules and Parameters June 2021 Elaborated by: Compliance Approved by: Executive Management Classification of information: Public Regras e Parâmetros de Atuação_B3_Genial Institucional 1 INTRODUCTION Genial Institucional Corretora de Câmbio, Títulos e Valores Mobiliários S.A. (hereinafter referred to as “Genial Institucional” or ”Genial”), according with the provisions of the country’s capital market regulators, the Comissão de Valores Mobiliários – Brazilian Securities and Exchange Commission (hereinafter referred to as “CVM”) and B3 S.A. – BRASIL, BOLSA, BALCÃO – Brazilian Stock, Commodity and OTC Exchange (hereinafter “B3”), sets forth hereby its operating rules and parameters related to the registration and execution of trade orders, settlement of trades and custody of securities related to the activities in the B3 markets (hereinafter referred to as “RPA”). Regras e Parâmetros de Atuação_B3_Genial Institucional 2 Index INTRODUCTION ........................................................................................................................................... 2 1. REGISTRATION AND IDENTIFICATION OF CLIENTS ................................................................ 5 1.1. Registration .................................................................................................................................... 5 2. ORDERS ................................................................................................................................................ 6 2.1. Types of orders accepted ............................................................................................................ 6 2.2. Forms of issuing orders ................................................................................................................ 7 2.3. Authorized persons to issue or transmit orders ........................................................................ 7 2.4. Trading via electronic systems .................................................................................................... 8 3. HOURS FOR RECEPTION OF ORDERS ........................................................................................ 8 4. RISK MANAGEMENT .......................................................................................................................... 8 5. REGISTRATION AND REFUSAL OF ORDERS ........................................................................... 10 5.1. ORDER REGISTRATION .......................................................................................................... 10 6. VALIDITY OF ORDERS .................................................................................................................... 13 7. CANCELLATION OF ORDERS ....................................................................................................... 13 7.1. Order cancellation after the confirmed deal ............................................................................ 14 8. ORDER EXECUTION......................................................................................................................... 14 8.1. Execution ...................................................................................................................................... 14 8.2. Order execution for default ........................................................................................................ 14 8.3. Order execution by court order ................................................................................................. 14 8.4. Operational costs ........................................................................................................................ 15 9. CONFIRMATION OF ORDER EXECUTION .................................................................................. 15 10. RELATED PERSONS .................................................................................................................... 15 11. DISTRIBUTION OF TRADES ....................................................................................................... 15 11.1. Specification of trades at B3 .................................................................................................. 16 12. SETTLEMENT OF TRADES ......................................................................................................... 16 13. INVESTMENT MONITORING ....................................................................................................... 17 14. CUSTODY OF SECURITIES AND FINANCIAL ASSETS ....................................................... 17 15. STOCK LOAN ................................................................................................................................. 18 16. RECORDING SYSTEM ................................................................................................................. 18 17. TRANSACTIONS WITH SECURITIES VIA INTERNET, THROUGH HOME BROKER AND DMA .................................................................................................................................................... 18 Regras e Parâmetros de Atuação_B3_Genial Institucional 3 17.1. Home Broker ............................................................................................................................ 18 17.2. “Direct Market Access” or “DMA” .......................................................................................... 19 18. PREVENTION OF MONEY LAUNDERING AND THE FINANCING OF TERRORISM ...... 20 19. INFORMATION SECURITY AND BUSINESS CONTINUITY ................................................. 20 20. GENERAL PROVISIONS .............................................................................................................. 21 Regras e Parâmetros de Atuação_B3_Genial Institucional 4 1. REGISTRATION AND IDENTIFICATION OF CLIENTS The procedures for identifying, registering and maintaining Clients will be governed by current regulations and legislation, in particular ICVM 617/2019, which provides for the prevention of money laundering and terrorism financing, and CVM Resolution 35/2021, which establishes rules and procedures to be observed in transactions carried out with securities in regulated securities markets. Before starting its trading in the organized securities markets with Genial, the Client must provide all the information requested, by filling out the registration form and providing copies of the supporting documents, if requested. The Brokerage Agreement regulates the main rights and obligations between Genial, the Client and B3. The Agreement is attached to this RPA and is updated in accordance with B3's regulations and circular letters and is applicable to any transaction brokered by Genial in relation to B3 or any other over-the-counter markets. In accordance with the requirements of CVM Instruction 617/2019, the registration update must occur between a minimum period of 24 (twenty-four) months and a maximum period of 60 (sixty) months, according to the client's risk analysis. If the Client does not update its registration within the periods established by Genial, the account may be blocked for new operations until the registration is properly updated. In the process of identifying and registering clients, among other mandatory data, Genial requests the following information: I. Type of client; II. Profession and/or field of activity of the client; III. Investment profile (Suitability); IV. Identification of Politically Exposed Person (“PPE”); V. Identification of Related Person, pursuant to current regulations; VI Identification of final beneficiary(ies); VII. Identification of "US Person", for the purposes of FATCA (Foreign Account Tax Compliance Act) and pursuant to Normative Instruction RFB 1571/2015. Genial may present the information provided by the Clients, as well as their respective documents, for possible presentation to B3, regulatory body, self-regulatory body or even to the Judiciary, if requested. 1.1. Registration Individuals and legal entities may open an account at Genial by completing the registration form and sending other applicable documents, such the suitability questionnaire. All documents must be sent physically, unless instructed otherwise by Genial. Such documents must be sent to Genial, which in turn will evaluate them for account opening purposes. Regras e Parâmetros de Atuação_B3_Genial Institucional 5 In the case of registration of a Non-Resident Investor, Genial will meet the requirements set out in the rules issued by CVM. Genial may contract, through a specific contract, another member brokerage firm to operate on behalf and to order in the markets managed by B3. 2. ORDERS 2.1. Types of orders accepted Pursuant to CVM Resolution 35/2021, "Order" will mean the act whereby the client determines that a brokerage firm will trade or register a transaction through the trading or registration systems of B3, SELIC and /or Tesouro Direto, on the Client’s behalf and under the conditions specified by the Client, observing the form of transmission indicated in the registration form. Genial will accept the types of orders described below, for operations in the cash, forward, options, futures, swap, and fixed income markets, provided that the Client meets the other conditions established in this document: (i) Market Order – an order in which the client specifies only the quantity, characteristics of assets or rights to buy or sell, and must be executed at the time it is received. (ii) Managed Order – an order in which the client specifies