1. 1March, 2013

2. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 2 3. Company: milestonesPhase I Rise to #1Phase II Expansion Phase III Reaching Scale1973 Founded in Belo Horizonte/MG 1984 Expansion strategy by 2005 IPO: market cap of US$ 295 mmadjacencies: FranchisingLate 70s - Acquisitions in the2011 Rated as investment grade byNortheast of Brazil 1991 Expansion strategy by Moodys, Fitch and S&P in 2012adjacencies: Seminovos1981 Brazilian car rental leader in #2012 ADR level Iof branches 1997 PE firm DL&J enters at a marketcap of US$ 150 mm12/28/2012 Market cap of US$3.6 bi with ADTV of R$33.2 million1997 Expansion strategy byadjacencies: Fleet rental 19731982 19831990 20042005 20123 4. Company: integrated business platform 65,086 cars 32,104 cars 3.1 million clients 729 clients 272 locations 350 employees 4,475 employees Synergies: bargaining power Cost reduction cross selling 14,545 cars 67.7% sold to final consumer 202 locations in Brazil 73 stores 50 locations in South America 1,002 employees 39 employeesThis integrated business platform gives Localiza flexibility and superior performance. 4 Based on the 4Q12 5. Company: Business platform divisionsCar rental FranchisingFleet management Used car salesLocaliza car rental rents to Supplementary business,Total Fleet, offeringSupport area, with theindividuals or businesseswith the purpose to expand customized fleet for terms objective to sell theat airports and otherthe brands network. of 2-3 years.Companys used cars andlocations. add know-how in buying cars and to estimate the residual value.The traditional backbone ofFranchising is seen as a Total Fleet is seen as anAs a support businessLocaliza. With its giant fleet primarily strategic business additional business that activity, Seminovos enablesthat gets renewed annually,by management thegenerates value by the sell roughly 70% ofit lays the foundation for all revenues generated are leveraging synergies used cars directly to thescale effects captured bylow, however brand and created by the integratedfinal customer, therebythe group as a whole.network expand atplatform approach. maximizing the residual minimum capital value of used rental cars. expenditure. 5 6. Car Rental Financial CycleNet car sale revenue1 year cycleR$24.4 Revenue 12 345 6Expenses, interest and tax789 10 1112 R$27.9 Car acquisitionR$25.9without IPI (7%) Car RentalSeminovosTotal 2012 per operating car per operating car 1 year R$ % R$ %R$ Net revenues 20.4100.0% 27.1 100.0%47.5 Cost (8.9)-43.6% (8.9) SG&A (3.2)-15.6% (2.7) -10.0%(5.9) Net car sale revenue 24.4 90.0%24.4 Book value of car sale(23.2) -90.0% (23.2) EBITDA 8.340.9% 1.24.5% 9.6 Depreciation (vehicle) (1.9) (*)-7.0%(1.9) Depreciation (non-vehicle) (0.4) -1.8% (0.2) (0.6) Interest on debt (1.9)-7.1%(1.9) Tax(2.4)-11.7%0.93.1%(1.5)NET INCOME 5.627.3% (2.0)-7.3% 3.6 NOPAT4.9 ROIC (**)17.7%Spread Cost of debt (average CDI + 1.19%) after tax6.3%11.4p.p. (*) Excluding additional depreciation effect related to IPI reduction (**) ROIC over the car acquisition cost without IPI: 19.0% 6 7. Fleet Rental Financial CycleNet car sale revenue 2 year cycle R$23.2Revenue 12 3456Expenses, interest and tax 1920 21 22 23 24 R$35.4 Car acquisitionR$32.9without IPI (7%)Fleet RentalSeminovosTotal 2012 per operating carper operating car2 years R$% R$ % R$ Net revenues 35.3100.0% 25.6100.0%60.9 Cost (9.6)-27.3% - 0.0% (9.6) SG&A (2.2) -6.3%(2.4) -9.3% (4.6) Net car sale revenue23.290.7% 23.2 Book value of car sale (22.5)-90.0%(22.5)EBITDA23.466.4% 0.7 2.7% 24.1 Depreciation (vehicle)(8.6) (*)-33.7% (8.6) Depreciation (non-vehicle) (0.1) -0.2%(0.1) Interest on debt(2.2) -8.7% (2.2) Tax(7.0)-19.9% 3.111.9% (4.0) NET INCOME 16.346.3%(7.1)-27.8%9.2NET INCOME per year8.246.3%(3.6)-27.8% 4.6 NOPAT 5.4 ROIC (**) 15.3%Spread Cost of debt (average CDI + 1.19%) after tax 6.3%9.0p.p.(*) Excluding additional depreciation effect related to IPI reduction(**) ROIC over the car acquisition cost without IPI: 16.4% 7 8. Rental revenues evolution Localizas rental revenues at constant prices 6.4%CAGR: 11,483.5 1,720.9 1,156.6 1,168.4 819.3 943.2594.0692.716.0% 2004 2005 2006 20072008 2009 20102011Sectors revenue at constant pricesCAGR: 5.8% 5,412.0 5,690.0 4,668.0 4,827.7 3,841.6 3,876.73,995.7 4,265.25.1% 2004 2005 20062007 2008 2009 2010 2011 GDP5.7% 3.2% 4.0%6.1% 5.2%-0.3% 7.5% 2.7%CAGR:4.0%In 2011 the Company grew 5,9x GDP and sector 1,9x. 8 Source: ABLA (Brazilian Car Rental Association) 9. Spread 21.25% 18.70% 17.03% 17.12% 16.94%16.10% 7.8p.p. 12.9p.p.11.54% 8.2p.p.9.6p.p.8.5p.p. 9.8p.p. 4.0p.p. 10.90%8.40% 8.84%7.59% 7.33% 8.60%6.34%2006200720082009 2010 20112012Cost of debt after taxROIC(*) 2008 and 2012 ROIC were calculated excluding additional fleet depreciation that was treated as equity loss since theywere extraordinary non-recurring events caused by external factors (IPI reduction for new cars), following the conceptsrecommended by Stern Stewart. 9 10. Competitive advantages: 40 years of experience in managing assetsProfitability comes from rental divisionsRenting carsSellingRaising Buying cars money cars$$ Cash to renew the fleet or pay debt10 11. Competitive advantages: raising moneyRaising BuyingSelling Renting carsmoneycarscarsNational Scale brAAA S&PbrA S&PbrA S&P Aa1.br MoodysA+ (bra) FitchA- (bra) Fitch A (bra) Fitch AA+(bra) Fitch Global Scale BBB- Fitch Baa3 Moodys BBB+ S&P B+ S&P B+ FitchB1 Moodys BBB- S&P Localiza raises money with lower spreads when compared to Brazilian competitors.As of February, 2013. 11 12. Competitive advantages: buying carsRaising BuyingSellingRenting carsmoneycarscarsBetter conditions due to higher volumesNumber of cars purchased - 2011 Localiza - Purchases by brand in 201168.192 *Renault Others Ford9.9%1.3%11.0%15.341 Fiat11.052 GM39.3%21.0%Localiza UnidasLocamericaVW17.5%* Includes FranchisingLocaliza purchased 2.3% of the national production from the main automakers in 2011 .12 Source: each company website 13. Competitive advantages: renting carsRaisingBuyingSelling Renting carsmoney carscars Brand Know HowBrazilian distribution 474 # of branches284 52116116# of cities 334 806829 LocalizaHertz UnidasAvisThe Company is present in 213 cities where the other largest networks do not operate.13 Source: Brand Analytics and each company website (Localiza: Dcember 2012; peers: October, 2012) 14. Competitive advantages: selling carsRaisingBuying Selling Renting carsmoney cars carsSales to final consumer Buffer: additional fleet Selling directly to final consumer cutting the intermediaries reduces our depreciation.Cars available for sale are used by the car rental division during peaks of demand.14 15. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 15 16. Car rental overviewNet revenues Corporate fleet size (R$ million)7.9% CAGR: 1 61,445 65,086 1,093.71 , 0 0 03 .1 , 0 0 01 .9 0 . 0 802.2 39,1127 0 . 0565.25 0 . 03 0 . 01 0 . 0 1 - 00 . 00 3 - 00 . 0020082010 2012200820102012 5 - 00 . 002012 Fleet compositionSatisfaction survey65,086 cars 95.5%96.3% 96.6% 63.4%Compact cars36.6%20082010 2012Others 16 17. DistributionCar rental distribution (Brazil)449474381 415312 346 254 279 20052006 20072008200920102011 2012# of branches# of cities476 329284 52116 806829116 Localiza HertzUnidas AvisLocaliza holds an extraordinarily strong position in the Brazilian market, as over decades it hasbeen successfully competing against major global players through local scale.17Source: Each companys website as of October, 2012. 18. Market share2011 Car Rental market share - Brazil(# of cars)36.5%Car rental locations in Brazil Airport locations Off-airport locationsOthers Localiza29 Localiza373HertzAvis 101 76 Unidas 30 82Avis 22Unidas Others342079 Hertz40Off-airport market is still fragmented. 18 Source: ABLA (Brazilian Car Rental Association) and each companys website (October, 2012) 19. Main competitorsMarket share (2010)* 6.7% 3.1% 2.8%Airport locations34 3542Off-airport locations73 2778 Capitalized by three International brand International brandStrengths Private Equity funds Local expertise Local expertise Local expertise Weak footprint Weak footprint in Brazil Relatively weak brand Master franchisee in Brazil Weak footprint in Brazil Unclear priorities betweenWeaknessesrental and fleet business in Chapter 11 Used car sales retail network Used car sales retail Used car sales retail networknetwork19*Source: Roland Berger report, as of June 21, 2012, based on 2010 figures 20. DriversInvestments in Brazil (2013-2016) Air traffic passengers - million (US$ 300 billion) 202 %16.2 % 7.8% 193132 % 128 2 0 .3 154 179 80.3 79 7271 51 362003 200920102011 2012 Car rental affordabilityGDP per capita (R$ thousands)62221.3 22.451%545 510 465 19.0415 38%37%35% 380 16.0 16.6 35014.230012.8 10.7 11.7260 240 9.5 1802007.5 8.4151 31% 6.927% 22% 20%18%16%15%15%13%2000 2001 2002 20032004 2005 20062007 2008 2009 2010 2011 20122000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Monthly minimum salary (R$)Daily rental price over minimum salary (%)20 Source: BNDES, INFRAERO, IPEADATA and BCB 21. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 21 22. Fleet rental overview Net revenues Number of clients (R$ million) 8.9%CAGR: 1 6 0 . 0 535.7 5 0 . 0 699 729 4 0 . 0 361.1622 3 0 . 0268.4 2 0 . 0 1 0 . 00 . 002008 2010 201220082010 20122012 Fleet compositionSatisfaction survey32,104 cars94.1% 94.6% 94.8%40.0% Compact cars60.0% Users VIP Users ContractmanagersOthers 22 23. Drivers Outsourced fleet penetrationBrazilian Market World 58.3%Corporate fleet: 46.9%4,200,00037.4%24.5% Targeted fleet:16.5%13.3%500,000 5.4% 8.9% Rented fleet: ndldin kce lic y zi U anan a ra la anbSp l pu m olBPo 245,000 Fr er HReG chze C 32,104 Less than 50% of targeted fleet is rented. 23Source: ABLA and Datamonitor 24. Market share 2011 Fleet Rental division - Brazil (# of cars) 13.9%The business greatly profits from synergies with its car rental affiliate, and as the Brazilian economymatures, one can expect a higher percentage of companies to take advantage of fleet rental. 24Source: based on ABLA 2012 yearbook 25. Main competitorsMarket share*9.5% 7.1%Revenues (R$ million) 272.5204.7Fleet size27,26216,418 Capitalized Brazils second playerStrengths Successful IPO 04/2012 Synergies with its rental carbusiness area Loss making in the last six Low profitability (competingyears (competing on price in on price in the pursuit ofthe pursuit of market share)Weaknesses market share) Used car sales retail Depreciation calculusnetwork Used car sales retail network 25*Source: Roland Berger report, as of June 21, 2012, based on 2011 figures. 26. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 26 27. Car sales operating data Localiza launched Seminovos in 1993, a brand new concept featuring younger cars. # of points of sale +77366 5549 3235262006200720082009 2010 20112012 Combining the Localiza brand with a growing network of stores enables the firm to continuously sell thousands of cars at market prices.27 28. Used car sales drivers: affordability and penetration# of inhabitants per car (2011) # of inhabitants per car - BrazilUSA1.3United Kingdon 1.88.0 7.9Germany1.9 7.4 France 2.06.9Japan2.16.5South Korea 3.6 5.9 Russia 4.0 5.5 Argentina 4.2Brazil 5.5 20052006 2007 2008 2009 2010 2011 Income increase and credit availability are the major drivers for car sales.Source: O Estado de So Paulo, as of 04/15/12 (based on researches of Sindipeas, Roland Berger and PWC).28 29. Brazilian car market: new x used car market and affordabilityIndividuals withaffordability tobuy a car*12.9 10.79.9 8.9 9.08.0 8.4Used cars7.0 7.1 7.37.16.7 6.05.8 2.5x2.6x 2.5x 2.4x3.8 3.1x 2.7x2.93.7x New cars4.4x3.33.5 3.6 3.02.7 2.31.61.820052006 20072008 2009201020112012 * Population with affordability to buy a new compact car (R$25,000) with 20% downpayment, prices as of December 2012Used car market is currently 2.5x the new car market. 29Source: FENABRAVE (Autos + light commercial) and Bradesco 30. Car sales operating data0.6%1.6% 12.3%2012 Used cars 2012 Brand news2012 Up to 2 years 9,011,4703,634,421458,684*Used car sales net revenues Cars sold (R$ million)3,166.76 0 00 . 0 ,056,644 5 0 00 . 0 ,047,285 4 0 00 . 0 ,0 34,281 1,321.9 3 0 00 . 0 ,0980.82 0 00 . 0 ,0 1 0 00 . 0 ,00 . 002008 2010 2012 2008 20102012 *Estimate considering the same percentage used in 201130 31. Main players Dealers Auto malls and Fiat, VW, Ford, GM most Rental operators RetailersExamples successful Locamerica, Hertz Loja do carroCidade doautomvel Auto Brasil Brand and perceived Tailored to popular Comfort and Often appeal to lower image/ experiencecustomer demand atconvenience income classes, with Support often directly purchase, hence likely Variety of modelsStrengthsfrom the OEMs to be an attractive value older carsand brands Occasionally Flexibility in trade-in cars proposition when for Flexibility in specialized in niches Strong media presencesaleexchange Stigma about heavy Lower mediausage during rental car No brand recognition Used cars not a core presenceyears(lower reputation business Cars often older thanWeaknesses Cars often older than 2 Weak retail networkmarket)2 years Geographical Financing options with years It hasnt beenconcentration (SP) higher interest ratessuccessful Lower media presencePoints of sale 3,714 (Anfavea) 29* 45,600 (Fenauto) 71 (Fenauto) *Based on the main companies reports and websites.31 32. Satisfaction survey2012 - Would you recommend Seminovos? YES!94%94% 92%94% 94% 2009201020112012 Customers recognize our quality and recommend it!32 Source: based on phone interviews made by the Company with customers started in 2009 33. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 33 34. 2012 Consolidated overviewRevenues: R$3,166.7 millionEBITDA: R$875.6 million35%17% 41%52%48% 7% 34 35. Consolidated net revenues R$ million 18.8% % CAGR:8.5 3,166.7 2,918.12,497.2 1,520.0 1,820.9 1,468.1 1,823.7 1,505.5 1,321.91,126.2 980.8 922.43.0%850.56%772.7795.5 588.8 13.1,646.7 1,175.3 1,450.0 380.2362.6655.0 842.9 898.5 537.4 392.5 10.3%432.9 2006 200720082009 20102011 2012 4Q11 4Q12Rental SeminovosRental revenues grew 10.3% in the 4Q12. Seminovos revenues were impacted by the IPI reduction.35 36. Consolidated EBITDAR$ million .8%CAGR: 186.6%821.3875.6 504.1 469.7649.53.7%311.3 403.5 218.3 226.32006 200720082009 20102011 20124Q114Q12EBITDA margin from 2006 to 2011 adjusted to reflect the accounting of accessories in the cost line: Divisions 20062007 2008 2009 2010201120124Q11 4Q12 Car Rental42.7% 45.0%43.5%39.8%43.5% 43.9%*40.9%44.3% 40.2% Fleet Rental 70.7%70.3% 67.5%67.5% 66.7% 66.8%* 66.4% 66.7% 67.0% Rental Consolidated 52.4% 53.6%51.2%49.3%50.7% 51.2%*49.3%51.3% 49.0% Used Car Sales4.6%5.5% 5.6% 1.1% 2.6%2.8%4.2%2.1% 3.9%*It considers the adjustment of the accessories, excluding the reversal of non-recurring provisions of R$10.6 million in 3Q11.EBITDA margin was impacted by the increase in properties rentals and personnel expenses. 36 37. Additional depreciation as a result of the IPI reductionR$ millionAdditional depreciationDivision AccountedEstimated Total9M124Q12 Subtotal From 2013 on105.06.2 111.24.8116.0 Car rental 90.6%5.3%95.9%4.1% 100.0% 25.77.633.331.264.5Fleet rental 39.8%11.8% 51.6%48.4% 100.0%Consolidated130.713.8144.5 36.0180.595.9% of the additional depreciation in car rental division was already accounted. 37 38. Average depreciation per car in R$ Reflex of the IPI reduction Financial crisis effect3,972.4 Hot used car market 2,546.0 2,577.02,044.7 * 1,536.0 1,683.9939.1332.92006200720082009 2010 20112012 4Q12 * Annualized Reflex of the IPI reduction Financial crisis effect 5,083.15,408.24,996.7 *Hot used car market4,371.7 4,133.0 3,509.72,383.32,395.8 2006 200720082009 201020112012 4Q12 * Annualized 38 39. Car rental depreciation breakdown in R$Car rental3,140.9 1,536.0 1,683.9 1,199.9 1,304.81,317.320102011 4Q12 * 4Q12 * Cars purchased afterCars purchased before the IPI reduction the IPI reduction Cars average depreciationAccessories average depreciation* Annualized depreciation of the cars purchased after the IPI reduction.Average depreciation per car of the cars purchased after the IPI reductionis in line with previous years depreciation. 39 40. Consolidated net incomeR$ million336,3291.6 250.5240.9190.2 138.2 127.4116.3-17.4% 78.7 86.19.4%20062007 2008 2009 2010 20112012 4Q114Q1220092010 2011 2012 Var. R$ Var. % 4Q11 4Q12 Var. R$ Var. %Reconciliation EBITDA x net income 469.7649.5 821.3875.654.36.6%218.3 226.38.03.7%Consolidated EBITDA(172.3) (146.3) (201.5) (376.9) (175.4) 87.0% (57.9) (67.1) (9.2)15.9%Cars depreciation Other property and equipament depreciation and(21.0) (21.1) (24.1) (32.9)(8.8) 36.5%(6.8)(8.9) (2.1)30.9%amortization(112.9) (130.1) (179.0) (138.7) 40.3 -22.5% (41.2) (30.6) 10.6 -25.7%Financial expenses, net (47.2) (101.5) (125.1) (86.2)38.9 -31.1% (33.7) (33.6)0.1-0.3%Income tax and social contributionNet income 116.3250.5 291.6240.9 (50.7) -17.4% 78.786.17.49.4% Excluding the additional depreciation of R$144.5 million for the year, deduced of the income tax,2012 net income would have reached R$336.3 million. 40 41. SWOT Analysis: Localiza business platformAccording to Roland Berger report as of June 21, 2012 Strengths Weaknesses Unrivaled local scale Strong focus on airport locations Strong footprint in Brazils extreme traffic locations Renewal of airport concessions costly Vertical integration, creating synergies for all four Dependence on passengers travelling by air (growthbusinesseslimited by Brazilian infrastructure) Strong business operating performance and Weak footprint outside of Brazil, resulting inexperienced leadershipexposure to national economic development Dependence on long-term capital to finance renewalof fleet Opportunities Threats Increase in market share through further Any measures of the Brazilian government whichconsolidation of Brazilian rental car marketimpact car sales prices, potentially lowering assetvalue (e.g. new car sales tax) Underdeveloped fleet outsorcing in Brazil New competitors entering the market (rental car or Upcoming mega events in Brazilfleet management) Positive outlook for Brazilian business and tourism Increasing fuel price Localizas brand is top of mind in Brazil.Localiza doesnt see it as a weakness or a threat41 42. Agenda1. Company overview2. Main business divisions Car rental Fleet rental Seminovos3. Consolidated4. Debt and cash5. Appendix Earnings release 4Q12 42 43. Free cash flow - FCFFree cash flow - R$ million2006 2007 20082009 201020112012EBITDA 311.3 403.5 504.1469.7 649.5 821.3 875.6Used car sales net revenues (588.8) (850.5) (980.8) (922.4) (1,321.9) (1,468.1) (1,520.0)Depreciated cost of used car sales (*)530.4760.0874.5855.1 1,203.2 1,328.6 1,360.2(-) Income tax and social contribution (42.7)(63.4) (52.8) (49.0)(57.8)(83.0)(100.9)Working capital variation (4.8) 13.3(44.8) (11.5) 54.5 (83.9) 37.1Cash provided before capex 205.4 262.9 300.2341.9 527.5 514.9652.0Used car sales net revenues 588.8850.5980.8922.4 1,321.9 1,468.1 1,520.0Capex of car - renewal(643.3) (839.0) (1,035.4) (947.9) (1,370.1) (1,504.5) (1,563.3)Net capex for renewal (54.5) 11.5 (54.6)(25.5)(48.2)(36.4) (43.3)Fleet renewal - quantity 23,17430,093 34,281 34,51947,28550,77256,644Capex other property and equipment(32.7)(23.7)(39.9)(21.0)(51.1)(63.0) (80.2)Free cash flow before growth and before interest 118.2 250.7 205.7295.4 428.2 415.5528.5Capex of car for fleet (growth) reduction (287.0) (221.9) (299.9) (241.1)(540.3) (272.0) (55.5)Change in accounts payable to car suppliers (capex) 222.0(51.0) (188.9)241.1 111.332.7 (116.9)Net capex for fleet growth(65.0) (272.9) (488.8) 0.0 (429.0) (239.3)(172.4)Fleet increase quantity 10,346 7,9579,9308,64218,649 9,178 2,011Free cash flow after growth and before interest53.2 (22.2)(283.1) 295.4(0.8)176.2356.1(*) Without technical discount deduction up to 2010 43 44. Debt profile - principalR$ million 618.5 592.0462.0 191.4234.8 192.3146.0 172.09.6%11.8% 9.7%29.7% 23.3% 7.3% 8.6%2012 2013 2014 20152016 20172018 2019Cash823.9The Company is still presenting strong cash position and comfortable debt profile. 44 45. Debt - ratios Net debt x Fleet value 2,681.7 2,547.6 2,446.7 1,907.81,752.61,492.9 1,363.41,247.7 1,254.51,281.1 1,231.21,078.6765.1440.4 20062007 2008 2009 2010 2011 2012 Net debtFleet valueEND OF PERIOD BALANCE 200620072008 2009 20102011 (*) 2012 (*)Net debt / Fleet value36% 51% 72%57% 52% 51%48%Net debt / EBITDA (*) 1.4x1.9x2.5x 2.3x2.0x1.7x 1.4xNet debt / Equity 0.7x1.3x2.0x 1.5x1.4x1.2x 0.9xEBITDA / Net financial expenses 4.8x5.4x3.8x 4.2x 5.0x 4.6x 6.3x(*) From January 1st 2011, consider financial statements in IFRS Comfortable debt ratios. 45 46. Localiza Level I ADRTicker Symbol: LZRFYCUSIP: 53956W300ISIN: US53956W3007Ratio: 1 Common Share : 1 ADRExchange: OTCDepositary bank: Deutsche Bank Trust Company AmericasADR broker helpline: +1 212 250 9100 (New York)+44 207 547 6500 (London)E-mail: adr@db.comADR website: www.adr.db.comDepositary banks local custodian: Banco Bradesco S/A, Brazil46 47. DisclaimerWebsite: www.localiza.com/irE-mail: ri@localiza.comPhone: 55 31 3247-7024DisclaimerThe material presented is a presentation of general background information about LOCALIZA as of the date of the presentation. It is information in summary form and does not purport tobe complete. It is not intended to be relied upon as advice to potential investors. This presentation is strictly confidential and may not be disclosed to any other person. No representationor warranty, express or implied, is made concerning, and no reliance should be placed on, the accuracy, fairness, or completeness of the information presented herein.This presentation contains statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.Such forward-looking statements are only predictions and are not guarantees of future performance. Investors are cautioned that any such forward-looking statements are and will be, asthe case may be, subject to many risks, uncertainties and factors relating to the operations and business environments of LOCALIZA and its subsidiaries that may cause the actual resultsof the companies to be materially different from any future results expressed or implied in such forward-looking statements.Although LOCALIZA believes that the expectations and assumptions reflected in the forward-looking statements are reasonable based on information currently available to LOCALIZAsmanagement, LOCALIZA cannot guarantee future results or events. LOCALIZA expressly disclaims a duty to update any of the forward-looking statement.Securities may not be offered or sold in the United States unless they are registered or exempt from registration under the Securities Act of 1933. Any offering of securities to be made inthe United States will be made by means of an offering memorandum that may be obtained from any underwriters we may appoint in connection with an offering of securities in future.Such offering memorandum will contain, or incorporate by reference, detailed information about LOCALIZA and its business and financial results, as well as its financial statements.This presentation does not constitute an offer, or invitation, or solicitation of an offer, to subscribe for or purchase any securities. Neither this presentation nor anything contained hereinshall form the basis of any contract or commitment whatsoever. 47