M A I L:
Investor Relation

EISA's role as a provider of financial services

This document is designed to compile, so they can be properly formalized, the policies designed by Estrategia Investimentos, S.A. (hereinafter EISA or the Entity) for the provision of investment services, pursuant to the provisions of Directive 2004/39 / EC of the European Parliament and Council of 21 April 2004 on Markets in Financial Instruments directive (hereinafter MiFID) and Directive 2006/73/EC of the Commission on August 10, 2006, through which the MiFID is applied with respect to organizational requirements and operating conditions for investment firms and terms defined to this effect in the directive.
In the definition of such policies the uniqueness of EISA as an investment services provider has been taken into special account. This singularity includes the existence of flagrant self-limitations in the business of EISA.

It follows that EISA’s customers as a financial institution, are primarily of a professional or institutional nature (financial institutions at both a national and international level and institutions and companies), and the products and services that EISA trade have very little bearing on the type of service covered by the MiFID regulation. At the retail level, EISA only provides financial services to some companies and individuals, to their own employees (current and former) and people linked to them and always in relation to non-complex instruments (mainly Registered Public Debt and National Variable Income).
There is no doubt that these self-limitations significantly reduce the level of regulatory requirement for EISA that applies to the majority of Credit Institutions. However, EISA has developed the necessary controls in response to such regulatory requirements. It is important to note, therefore, that this decision dramatically increases the level of effectiveness of existing internal control at EISA, well above the most stringent legal requirements.