Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of Movida Participações S.A.

NEW YORK–(BUSINESS WIRE)–Deutsche Bank announced today its appointment as successor depositary
bank for the sponsored Level I American Depositary Receipt Program of
Movida Participações S.A. (OTC: MOVYY).

Movida is a Brazilian car rental company which offers multiplatform
urban mobility solutions with a fleet of over 88,000 cars and 244
stores, 184 of which are rent-a-car (RAC) and 60 which provide for used
cars sales. Created in 2006 and acquired by JSL in 2013, Movida uses
modern technology to offer solutions to various types of mobility needs,
such as cars, trikes and electric bikes.*

The appointment of Deutsche Bank as depositary bank for the Movida
Participações Level I American Depositary Receipt program demonstrates
our ongoing commitment to the Brazilian market,” said Brian Studdert,
Global Head of Depositary Receipts at Deutsche Bank. “Our broad range of
customized services will be used to help Movida Participações drive the
program’s future success.”

In addition to specializing in administering cross-border equity
structures such as American and Global Depositary Receipts, Deutsche
Bank provides corporates, financial institutions, hedge funds and
supranational agencies around the world with trustee, agency, escrow and
related services. The Bank offers a very broad range of services for
diverse products, from complex securitizations and project finance to
syndicated loans, debt exchanges and restructurings.

* This information was provided by Movida Participações S.A.
(February 2019).

Depositary Receipt Information

Country     Brazil
Custodian Bank Banco Bradesco S.A.
Effective Date February 7, 2019

Level I ADR

CUSIP 62459K 101
ISIN US62459K1016
Symbol MOVYY
Exchange OTC
Current Ratio 1 ADS : 4 Ordinary Shares
Eligibility DTC

Depositary Receipt Contacts


Head of Depositary Receipts

New Business Development

Brian Studdert Roy Marmelo
Tel: +1 212 250 4774 Tel: +1 212 250 2982

Markets Distribution

Tel: +44 (0) 20 7547 6500

New York
Tel: +1 212 250 9100
Hong Kong
Tel: +852 2203 7854

Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management products
and services to corporations, governments, institutional investors,
small and medium-sized businesses, and private individuals. Deutsche
Bank is Germany’s leading bank, with a strong position in Europe and a
significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the “Act”). The investment or investment service
which is the subject of this notice is not available to retail clients
as defined by the UK Financial Conduct Authority. This notice has been
approved and/or communicated by Deutsche Bank AG New York. The services
described in this notice are provided by Deutsche Bank Trust Company
Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in
accordance with appropriate local registration and regulation. Deutsche
Bank is providing the attached notice strictly for information purposes
and makes no claims or statement, nor does it warrant or in any way
represent, as to the accuracy or completeness of the details contained
herein or therein. This announcement appears as a matter of record only.
Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other
issuer or entity for the purchase or sale of any securities nor does it
constitute a solicitation to any person in any jurisdiction where
solicitation would be unlawful. No part of this notice may be copied or
reproduced in any way without the prior written consent of Deutsche
Bank. Past results are not an indication of future performance.
Copyright© February 2019 Deutsche Bank AG. All rights reserved.


For further information, please contact:

Deutsche Bank AG
Press & Media Relations

Olayinka Fadahunsi
Phone: +1 212 250-8159

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