| Firm | Analyst | Contact |
| Banco do Brasil | Georgia Anthonieta Delbon Atie Jorge | georgiadaj@bb.com.br |
| Bank of America Merrill Lynch | Isabella Simonato | isabella.simonato@bofa.com |
| Bradesco | Leandro Fontanesi | leandro.fontanesi@bradescobbi.com.br |
| BTG Pactual | Thiago Duarte | thiago.duarte@btgpactual.com |
| Henrique Brustolin | henrique.brustolin@btgpactual.com | |
| Itaú BBA | Renan Moura | renan.moura@itaubba.com |
| Gustavo Troyano | gustavo.troyano@itaubba.com | |
| Goldman Sachs | Suspended Coverage | |
| JP Morgan | Lucas Ferreira | lucas.x.ferreira@jpmorgan.com |
| Eleven Financial | Matheus de Moraes | matheus.moraes@elevenresearch.com |
| Empiricus | Allan Moreira | allan.moreira@empiricus.com.br |
| Sergio Altran Oba | sergio.oba@empiricus.com.br | |
| Raphael Bueno | raphael.bueno@empiricus.com.br | |
| Genial Investments | Lucas Bonventi | lucas.bonventi@genial.com.vc |
| Santander |
Guilherme Palhares | gpalhares@santander.com.br |
| Laura Hirata | laura.hirata@santander.com.br | |
| ScotiaBank | Felipe Ucros | felipe.ucros@scotiabank.com |
| Jose Juan Guzman | juan.guzman@scotiabank.com.pe | |
| XP Investments |
Leonardo Alencar | leonardo.alencar@xpi.com.br |
| Pedro Fonseca | pedro.fonseca@xpi.com.br |
M. Dias Branco is covered by the analysts listed above. Please note that any opinions, estimates or forecasts regarding M. Dias Branco´s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Company or its management. M. Dias Branco does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. The Company does not warrant that the above list of analysts is complete nor updated, and the information herein provided are subject to the authorization of the analysts.
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