As established in the article 4º of Resolution nº 3380/06 of the Brazilian Central Bank, Novo Mundo Foreign Exchange owns a operational risk structure, objectifying: identification, evaluation, monitoring, controlling and diminishing of the operational risk, authenticated by the company´s direction board.

Operational Structure

Direction: responsible for the approval of Operational Risk policy, methodology, and semester revision.

Director in charge of the Operational Risk Structure Management: director nominated within the Brazilian Central Bank, responsible for the methodology implementation, execution, monitoring and diminishing. He is in charge, also, of reporting to the Direction the Institution´s inherent processes.

Area of Execution: the coordinator in charge of the execution of the processes established by the direction and the director in charge of risk management. The area does not exert the activities regulated by Resolution nr. 2554/98.

Risk management Area Structure and Functionary Chart

Execution Procedures

Follow-up: test carried through in established processes versus established standards.

Occurrence Report: events will periodically be reported by the Area of Execution to the Director in charge.

Annual report showing the frequency of occurred events and their impact on of the Institution´s equity, considering all the established degrees of risks.