SÃO PAULO CONNECTING BRAZIL

TO THE WORLD

São Paulo - 22nd largest economy in the world

Over 200 thousand km² of extension, larger than the UK

45 million people, the largest state in Brazil

4th largest consumer market in Latin America and largest in Brazil, only behind Mexico, Colombia and Brazil

LATAM office of 60% of Fortune 100 companies

World’s number one producer of sugar, sugarcane ethanol and orange juice

São Paulo is the second most desired destination in the world to travel in 2020

Source: IBGE; Fortune UN, SEADE; State Government

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Healthy and growing economy

If Sao Paulo were a country, its 2019 GDP growth of 2.6% would be equivalent to the second largest GDP growth in Latin America, in front of Brazil and Colombia.

In 2019, over 222 thousand businesses started in the State of SP - best result in company creation over the past 20 years.

Source: IBGE; SEADE; UN; State Government

Second strongest economy in South America (larger than Argentina) USD 613 billion GDP1

1 Value for 2018

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Source: Capes; PWC; Times Higher Education

Diverse and qualified workforce

Largest Japanese, Italian and Lebanese migrant communities in the world

Received 110 thousand expats, half of Brazil’s sum, over the past four years

State that created the most jobs in Brazil in 2019, 291,000 formal jobs

Home to 4 of the 10 best universities in LATAM

54% of the population with 11 years or more of study (Brazilian average is 45%)

Accounts for 30% of Brazil´s PhD students

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Source: SEADE; InvestSP

Largest sum of announced investments over the past 20 years, USD 25 billion in 2019.

InvestSP is responsible for more than 30% of the announced investments.

Accumulated over past four quarters (USD Billions1)

Highest historical level of investment

Announced investments – State of SP

1ºT16 2ºT16 3ºT16 4ºT16 1ºT17 2ºT17 3ºT17 4ºT17 1ºT18 2ºT18 3ºT18 4ºT18 1ºT19 2ºT19

19

2016 2017 2018 2019

16 17

7

1012

13 1312 11

14 14

19

26

1 FX fixed rate 2019

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9 Strategic objectives of the Government

1. Quality education, inclusive and transformative, seeking full development;

2. Integrated public health, with modern technologies and wide access;

3. Security for society using intelligence tools to combat crime;

4. Economic development promoting investment, innovation, tourism and the creative economy;

5. Social development guaranteeing individual and collective rights and promoting full autonomy;

6. Urban life quality, with adequate housing and mobility;

7. Competitive agriculture, strengthening production and sustainable consumption;

8. Sustainable development preserving the environment and protecting the population against natural disasters;

9. Modern and efficient Public Management, committed to the quality of public services, fiscal responsability and accountability.

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Most relevant economic areas

32% of total Brazilian industry production

38% of total Brazilian services (value added)

40% of total refined oil in the country

33% of total foreign tourists in Brazil

47% Brazilian creative economy GDP

Source: PNAD; IBGE; RFA; State Government

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12 Hubs identified to promote economic development to the State

12 Development Hub concentrate 78% of the State’s industrial transformation value

Industry

1. Health and Pharmaceuticals

5. Oil Products and Petrochemical

9. Leather and Footwear

3. Automotive

7. Food and Beverage

2. Metal-Metallurgical, Machinery and Equipment

6. Biofuel

10. Paper, Pulp and Reforestation

4. Chemical, Rubber and Plastic

8. Textiles, Clothing and Accessories

Source: SEADE

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12 Hubs identified to promote economic development to the State

Technology

Eco-industry

11. Tech (Agritech, Aerospace and IT Services)

12. Eco-Forestry (Vale do Ribeira)

USD 8 billion announced investments in 2019 in our Development Hubs.

32% of Brazilian industry leveraged by our Development Hubs

Source: SEADE; MTE-RAIS; InvestSP

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State of São Paulo exports

% by value of exports (2019)Total Exports: U

SD 48.4 billion

Source: Siscomex

Machines18%

16% Transportation

8% Chemical Products

16% Foodstuffs

5% Vegetable Products

13% Mineral Products

5% Animal Products

4% Metals

2% Precious Metals

4% Plastics and Rubbers

3% Paper Goods

1% Textiles

4% Others

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Strong agribusiness

Growing creative economy

In 2019, São Paulo exported over USD 12 billion in agribusiness.

2020 Agro Expo International Fair: over 6 thousand expected visitors; 500 meetings, over 700 million in business opportunities.

One of SP’s top 10 economic sectors, with more than 350.000 direct jobs.

5.2%/year average expected growth for the next 4 years

Source: State Government

Netflix will invest US$ 75 million on local content in 2020

The third market in the world for theatre and musicals

The largest ComicCon in the world, with 400.000 attendees

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World class infrastructure

Source: State Government; press clipping; InvestSP

75 million people fly through our airports every year. This value is comparable to the population of France and the United Kingdom

17 of the 20 best Brazilian highways are in the State of São Paulo

The largest port in Latin America is located in Santos, with 130 million tons of cargo annually, representing ¼ of the total Brazilian trade flow

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New investment opportunities

In 2020 São Paulo received USD 279 million with the largest highway bidding in Brazil, from the Singapore Sovereign Fund. The 30-year concession equates to an investment sum of USD 4 billion in the State.

21 Projects in pipeline

10 USD billion in Planned

Investments

Source: State Government

40 Signed projects

40 USD billion in public and

private investments throughout the concession or partnership

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São Paulo is a tech State

São Paulo is LATAM’s largest data and technology hub.

São Paulo was the third economy that generated the most unicorns in the world. 10 of the 11 Brazilian unicorns are from SP.

We will inaugurate LATAM’s largest government innovation hub in 2020.

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CITI project

More than 1,000,000 m² for the Brazilian Silicon Valley.

In 2019, we launched IPT Open Experience as the landmark of the CITI project, focused on applied hard sciences development.

Singularity University will have a campus in the CITI project

Confirmed companies

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The Center for the Fourth Industrial Revolution Network’s missions is to co-design governance protocols and policy frameworks to maximize the benefits and minimize the risks of advanced science and technology.

One of the 8 centers in the world, the center of Brazil will focus on:

• Internet of Things• Artificial Intelligence• Data Policy

Officially launched in Davos, members will be able to:

• Co-design public policies of the 4th Industrial Revolution

• Access global experts

Confirmed members in Brazil

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Potential investments

Coastline road• 230 km• Investment – USD 1 billion

Airport Concessions• 22 Airports• Investment – USD 113 million

Prisons• 7 facilities; 14 thousand

vacancies • Investment – USD 190 million

Metropolitan Train• 77.6 km; 1.1 million

passengers/day• Investment – USD 1 billion

Intercity Train• 200 km• Investment – USD 2 billion

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Source: InvestSP; State Government; FAPESP

USD 7 billion invested in R&D over 2018 in São Paulo

FAPESP alone disbursed USD 300 million in 2019

Forefront of innovation in Brazil

Agricultural Sciences

Biological Sciences

Earth and Exact Sciences

Social Applied Sciences

Health Sciences

Engineering Sciences

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Forefront of innovation in Brazil

Research in the state is business oriented. SP has more researchers in the private sector than in universities.

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FRANCA

BARRETOS

RIBEIRÃO PRETO

SÃO JOSÉDO RIO PRETO

VOTUPORANGA

ARAÇATUBA

PRESIDENTEPRUDENTE

MARÍLIA BAURU

BOTUCATU

PIRACICABA CAMPINAS

JUNDIAÍ

GUARULHOS

OSASCO

SÃO JOSÉDOS CAMPOS

MOGIDAS CRUZES

STO. ANDRÉS. BERNARDO

DO CAMPO

SANTOS

SÃO PAULO

GUARATINGUETÁ

ARARAQUARA

SÃO CARLOS

SÃO JOÃODA BOA VISTA

OURINHOS

SOROCABA

ITAPEVA

REGISTRO

Many private sector initiatives to support startups are located throughout the state:

FRANCA

BARRETOS

RIBEIRÃO PRETO

SÃO JOSÉDO RIO PRETO

VOTUPORANGA

ARAÇATUBA

PRESIDENTEPRUDENTE

MARÍLIA BAURU

BOTUCATU

PIRACICABA CAMPINAS

JUNDIAÍ

GUARULHOS

OSASCO

SÃO JOSÉDOS CAMPOS

MOGIDAS CRUZES

STO. ANDRÉS. BERNARDO

DO CAMPO

SANTOS

SÃO PAULO

GUARATINGUETÁ

ARARAQUARA

SÃO CARLOS

SÃO JOÃODA BOA VISTA

OURINHOS

SOROCABA

ITAPEVA

REGISTRO

Tech parks and innovation ecosystems

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FRANCA

BARRETOS

RIBEIRÃO PRETO

SÃO JOSÉDO RIO PRETO

VOTUPORANGA

ARAÇATUBA

PRESIDENTEPRUDENTE

MARÍLIA BAURU

BOTUCATU

PIRACICABA CAMPINAS

JUNDIAÍ

GUARULHOS

OSASCO

SÃO JOSÉDOS CAMPOS

MOGIDAS CRUZES

STO. ANDRÉS. BERNARDO

DO CAMPO

SANTOS

SÃO PAULO

GUARATINGUETÁ

ARARAQUARA

SÃO CARLOS

SÃO JOÃODA BOA VISTA

OURINHOS

SOROCABA

ITAPEVA

REGISTRO

FRANCA

BARRETOS

RIBEIRÃO PRETO

SÃO JOSÉDO RIO PRETO

VOTUPORANGA

ARAÇATUBA

PRESIDENTEPRUDENTE

MARÍLIA BAURU

BOTUCATU

PIRACICABA CAMPINAS

JUNDIAÍ

GUARULHOS

OSASCO

SÃO JOSÉDOS CAMPOS

MOGIDAS CRUZES

STO. ANDRÉS. BERNARDO

DO CAMPO

SANTOS

SÃO PAULO

GUARATINGUETÁ

ARARAQUARA

SÃO CARLOS

SÃO JOÃODA BOA VISTA

OURINHOS

SOROCABA

ITAPEVA

REGISTRO

Tech parks and innovation ecosystems

Source: State Government

13 Tech Parks

13 Startup Incubators

8 Innovation Centers

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Source: State Government

“Bom Prato” program served 25 million meals in 2019 at USD 0.3 (BRL 1) to the vulnerable

population

More than 2 million families benefited

by state and federal income transfer

programs

In 2019, the State of São Paulo increased by 87% the number of attended elders

(+60) by State programs

More than 72 million L of

milk distributed annually, reaching

over 326 thousand beneficiaries

Social impact

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Social impact

Source: Paula Souza Center

Largest vocational education program in Brazil, with more than 294,000 students.

78% of students from state public vocational programs are from public schools

30% of students from state vocational programs are Afro-Brazilian

Of the 50 best state schools in Brazil, 32 are vocational schools in the State of São Paulo.

Expected to triple vocational education training by 2022, with 20,000 new vacancies offered in 2019 and over 100,000 in 2020.

Vocational Education

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Social impact

Health

The largest hospital network in the country, with over 100 State-run hospitals

In 2020, The Butantan Institute will be responsible for more than 60% of the vaccines produced in Brazil. In 2025, it expects to produce 600 million vaccine doses

Emilio Ribas Institute is internationally recognized for its infectious diseases treatment

Source: State Government; Butantan Institute; Emilio Ribas Institute

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State´s largest sustainable economic development Program. The region, considered a world natural and cultural heritage, encompasses the largest continuous of Mata Atlântica in Brazil, covering over 100 km of coastlines.

In three months of operation:

• Investment of USD 12 million• Over 2.000 positions for professional and

vocational training

Expected impact:

• 30 thousand new economic opportunities• USD 1.4 million in foreign resources• USD 792 million in public concessions• USD 480 million in investments

Future Valley: largest social project for the lowest HDI region

4 pillars:

1. Jobs and income2. Quality of life3. Sustainable management 4. Infrastructure

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Urban security

Presence in 645 municipalities of the state

Lowest historical level of homicide rates, lower than Uruguay, Chicago and New York.

Improvement in the main security indicators in 2019, such as robbery.

1.7 million responses by the Military Police in 2019

The largest police force in LATAM

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The State is looking for more investment partnerships

Bracell Invested USD 1.8 billion in São Paulo after the 2019 WEF Annual meeting. With the investment it will become the world’s largest dissolving pulp producer of the world

Meetings with over 200 companies held throughout 2019 for potential investments

São Paulo will host WEF LATAM 2020

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Now’s the best moment to invest in SP

Reasons for this credibility rely on:

• Cost-benefit• Transparency• Business environment

Source: InvestSP

Our management is committed to provide maximum support and agility to international investors willing to invest in the state development:

Liaison between organs of all governmental instances to ensure simplicity in the process

Initiatives to increase the security of investors

São Paulo is already recognized as one of the best place for investment in Latin America by vehicles of international credibility:

Strong support of state agencies dedicated to investments in the state

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New mission and offices for investment promotion

InvestSP was named the best investment promotion agency in the world in 2018

10 new missions scheduled for 2020

• InvestSP China office opened and ready for business

• InvestSP Dubai office opens on February 2020

7 international missions in 2019:

• Beijing, Shanghai and Xian - China• Davos - Switzerland • Hannover and Berlin - Germany • London - United Kingdom• New York - USA• San Francisco and Los Angeles - USA• Tokyo, Nagoya - Japan

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Services for investors

No Cost for Investors

Non-Disclosure Agreement

Tax, Environmental and Infrastructure

Advisory

Site Location (Greenfield, Brownfield,

Warehouses, Expansions)

Tailor-Made Projects

Investment Facilitation

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Credit options

DESENVOLVE SP’s loan portfolio reached almost USD 103 million in 2018. In 2019, loan portfolio expansion expected to be 105%, totalling USD 213 million.

DESENVOLVE SP supports projects aligned with UN’s Sustainable Development Goals.

USD 350 million in negotiation with international organizations and the New Development Bank.

Source: DesenvolveSP

Credit Lines

• Sustainable Projects

• Innovation

• Human Capital

• Machinery and Equipment

• Investment

• Working Capital

• Public Sector

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global.sp.gov.br

www.sp.gov.br

/ governosp

São Paulo State GovernmentWe are ready for business