DEPOSIT AGREEMENTDeposit Agreement • November 1st, 2010 • Citibank,N.A./ADR • New York
DEPOSIT AGREEMENT, dated as of October 8, 2010, by and among (i) Brookfield Incorporações S.A., a company organized and existing under the laws of the Federative Republic of Brazil, and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized and existing under the laws of the United States of America acting in its capacity as depositary, and any successor depositary hereunder (the “Depositary”), and (iii) all Holders and Beneficial Owners from time to time of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).
