Celebrating the Environment Week, on Tuesday (6), Santos Brasil will begin the fourth edition of its Environmental Day, an environmental education and sustainability program geared for employees and service providers. The internal activities begin at 1:00 pm at Tecon Santos, with a workshop in partnership with Água Vaz, a company specialized in treating industrial, biological and chemical effluents. Água Vaz Environmental & Sanitary Engineer Diego Silva will speak at the event about the importance of treating industrial and sanitary effluents in port operation companies, as well as reusing effluents and raising awareness about the proper use of water, and the main environmental impacts currently found in cities. Around 50 employees are expected to attend the workshop, as well as representatives from the Company´s main service providers. From June 06 to 09, Sustainability Dialogues will be held in all company units in the country. These meetings will address Santos Brasil¿s main environmental initiatives, such as the Tecon Santos Effluent Treatment Station (ETS), the future Clia Santos ETS, The Residue Management Program, the Clia Santos Reuse System, the Truck Dry Cleaning, the Sustainable Driver Program, and adhesion to the Fundação Getúlio Vargas Companies for Climate Platform. ¿This year, we intend to raise awareness among our main stakeholders about the importance of rational use of water and the correct disposal of waste such as organic food, cooking oil, and glass¿, said the Communication, Sustainability and Competitive Intelligence Executive Manager Raquel Ogando. ¿The goal is for all the participants of the Environmental Day to be encouraged and made aware, for multiplying what they learned during the week with their families, friends and colleagues¿, she adds. In line with the UN Sustainable Development Goals, Santos Brasil has concentrated efforts to mitigate the environmental impacts generated by its operations. In practical terms, the Company has already embraced key sustainability issues in the areas of health and safety; reducing CO2 emission, water consumption and waste; human development and transparency, and anticorruption practices. It is noteworthy that the company is also a signatory of the UN Global Compact, an initiative for mobilizing corporations around the world to adopt practices and values in the human rights, labor relations, environment, and anti-corruption areas.

Santos Brasil closed the first quarter of the year with an EBITDA (earnings before interest, taxes, depreciation and amortization) adjusted for non-recurring effects of R$ 32.8 million, with a 15.1% margin and a significant 182.8% evolution over Q116, which was R$ 11.6 million. The Company once again recorded a R$ 1.9 million net income, reversing the Q116 result, as a result of an increase in the volume of handled containers, an operational structure adjustment with a fixed cost and expense reduction, and a volume increase at the TEV. The company also recorded 10.3% growth in container handling at its three terminals located in the ports of Santos (São Paulo State), Vila do Conde (Pará State) and Imbituba (Santa Catarina State), totaling 251,807 units operated in the period. Performance was driven by the movement at Vila do Conde and Santos, which increased by 29.1% and 8.6%, respectively in the first three months of 2017. At Tecon Santos, South America´s largest and most efficient container terminal, 226,973 containers were handled in Q117, reaching a 41% market share in the period (38.4% in Q116). Operations at the Santos complex also recorded an increase in long-haul operations, with imports and exports growing 3.9% and 2.2%, respectively. Import FCL volume was 53,387 units, with a 18.2% growth over Q116 (45,155), directly impacting the result of the containers stored at the terminal, which increased by 31.5% in Q117. Tecon Vila do Conde handled 17,358 containers in the period, and Tecon Imbituba also showed a positive performance with a 28.3% increase in volume handled, 152.7% in long-haul operations, and 23.3% in coastal shipping. At the Vehicle Terminal (TEV), the first quarter operating result reflects the 101.5% growth in vehicle exports through the terminal, totaling 73,380 units in Q117, a 91% increase over Q116. Export operations accounted for 95.6%, and light vehicles accounted for 93.5%. In the Santos Brasil services mix, long-haul import, export and transshipment operations recorded 2.6%, 5.2% and 12% increases, respectively. Coastal shipping operations increased their share in the total operations volume to 26.2% (24.1% in Q116); the same applied to transshipments, which increased from 32.3% in Q116 to 33.2% in Q117. Bonded warehousing operations showed a 34.8% growth in the port container terminal segment. Financial indicators The Company´s consolidated net revenue totaled R$ 217.6 million in Q117, a 10.4% growth compared to Q116 (R$ 197.2 million). On the other hand, gross revenue from dockside services dropped slightly by 0.7% compared to the same period in 2016, due to the price and competition scenario at the Port of Santos in the second half of last year. The company closed the period with a R$ 145.7 million cash balance and a R$ 20.3 million net debt, which is equivalent to 0.2 times the EBITDA of the last 12 months.

Marlos Tavares is the new Director of Operations at Santos Brazil. He was born in Rio Grande (Rio Grande do Sul State), and has more than 15 years¿ experience in the navigation market. As of today, the executive takes over the newly-created position in the company with the challenge of continuing the operational improvements that have been implemented at the Tecon Santos, Tecon Imbituba (SC), Tecon Vila do Conde (PA), Vehicle Terminal (TEV) and Logistics units. Tavares is graduated in Administration and Accounting, and has Green Belt training in continuous process improvement. He joins the Santos Brasil team reporting directly to President Antonio Carlos Sepúlveda. Tavares previously worked at Grupo AP Maersk, Grupo Lachmann, and more recently at Grupo Libra.

This Thursday (27), Santos Brasil Commercial Director Marcos Tourinho will take part in the FIESC Chamber for Transport and Logistics Affairs meeting that will discuss the Port of Imbituba as a competitive alternative for cargo transportation. Santos Brasil, the operator of the Tecon Imbituba and a reference in South America, has already invested R$ 520 million in expansion, renovation and equipment acquisition in its terminal in Santa Catarina. "Imbituba stands out in the port scene because it offers important advantages such as location, capacity and availability for handling containers and oversize and overweight loads, as well as for docking large ships, with no limitations for maneuvers", says Tourinho. The results of Santos Brasil´s coastal shipping operations at Tecon Imbituba, which grew 12.4% in Q4 2016, reflect this scenario. The terminal was acquired in 2008. It has the capacity for handling 450 thousand TEU (a unit equivalent to a 20-foot container), a total area of 207 thousand square meters, and 660 meters of dockable berth. In addition to Tecon Imbituba, Santos Brasil operates the General Cargo Terminal (TCG) in the same port, which is establishing itself in the South of the country as an important concentrator of irregular, large, and oversize and overweight cargo.

Fifteen Guarujá youngsters aged 18-19 are beginning a new and important stage in their lives. They will be part of the eighth class of the Formare Aprendiz program that offers an Administrative Assistant professional qualification course. Classes are taught by Santos Brasil volunteer educators at Tecon Santos - the largest container terminal in South America. The students´ expectations are enormous. Mateus Santos de Oliveira, 19, hopes to acquire even more technical knowledge. "I think it will be a fundamental experience for my qualification, in addition to the differential I will have in my resume from getting to know the operation of a large company like Santos Brasil", he says. And learning, according to Mateus, had in fact already begun in the Formare Aprendiz recruitment process. "I really enjoyed taking part in group dynamics, because it is at that stage that the company can see who we really are. Moreover, having a good performance in a group dynamics will help us during our entire lives, because it teaches us to adapt and communicate. Success depends on effort and willpower", says Mateus, who will have the opportunity to learn more about the Company´s Yard Equipment Maintenance area. Victoria de Souza Santos, 18, also hopes to learn a lot during the program. "I am very anxious to get started, everything will be new to me, and it will certainly be a great opportunity to learn and make friends", says Victoria, whose learning will focus on the General Services area. Like Mateus, the student believes that Formare will contribute to her placement in the labor market. "To already start in a big company like Santos Brasil is a unique opportunity", she says. The Administrative Assistant professional qualification course has an 1800-hour workload (divided into practice and theory), and ends in June 2018. In the program, the youngsters are hired by the company as apprentices, with a signed work contract, earning minimum wage (R$ 937.00), and receive learning material, uniform, meals at the company, transportation voucher, life insurance, and basic staples. Since its beginning in 2009, 236 students have undergone the courses, 84 of which were hired by the company in different areas. The Formare Aprendiz program is certified by Fundação Iochpe and validated by the Ministry of Labor.

Tomorrow, April 6, the seventh class of the Formare Aprendiz program at Santos Brasil will be concluded. The 20 youngsters who attended the Administrative Assistant course in 2016 will be welcomed by the Executive Director of Port Operations and Logistics Ricardo Molitzas, the Director of People and Management Alcino Therezo Junior, and the Executive Manager of Communication, Sustainability and Competitive Intelligence Raquel Ogando, at which time the youngsters selected for the program´s next class, which begins on beginning on April 11, will also be introduced. It will be an opportunity for the apprentices to exchange experiences, share knowledge, and say what they expect of the job market. They will also meet the company´s employees who contribute to training young people, teaching classes and giving practical guidance. The next 1800-hour professional qualification course (divided into practice and theory) will be concluded in June 2018, and is taught at Tecon Santos - the largest container terminal in South America. The youngsters are hired by the company as Apprentices with a signed work contract, earning minimum wage (R$ 937.00), and receive learning material, uniform, meals at the company, transportation voucher, life insurance and basic staples. The Formare program began in 2009 at Santos Brasil, and to date 236 students have undergone the courses, 84 of which were hired by the company in different areas. The Formare Aprendiz program is certified by Fundação Iochpe and validated by the Ministry of Labor.

The first simulated high-place rescue simulation at the Vila do Conde Port located in the municipality of Barcarena, Pará State, was carried out at the Santos Brasil container terminal on March 28. The action was supported by the local Fire Department. During the exercise, a simulation of the rescue operation of an employee working on the warehouse roof at a height of nine meters for doing repairs on the reflector, who was suddenly struck ill and lost consciousness. The situation was controlled in 2 minutes, when first aid care began being administered. The employee´s removal was done under safe conditions and completed in 2 hours and 12 minutes, involving six Santos Brasil employees, ten firefighters and two professionals from OGMO, the Workforce Management Authority, who were responsible for the ambulance.

Santos Brasil´s new Sustainability Report is available from today, in digital version, and features the actions carried out by the company last year, as well as its performance in the economic, social and environmental dimensions. Concern for environmental preservation and occupational safety is highlighted in this Report. In 2016, the Company reduced its total water consumption (by 5.6%), its CO2 emissions per TEU (by 5.6%), its residue generation (by 33%), as well as accident frequency (by 1.2%) and severity (by 10%) in comparison with the previous year. In line with the market´s best governance practices, those indicators were further submitted to external verification by independent auditors. The information contained in the Report is in accordance with Version G4 of the Global Reporting Initiative (GRI) guidelines. Click on this link to access the full content: http://www.santosbrasil.com.br/downloads/relatorio_sustentabilidade_2016.pdf.

Santos Brasil has just implemented its Human Rights Policy, which establishes basic guidelines for respecting, promoting and preserving essential rights in relationships with its customers, employees, suppliers and third parties across its value chain and its sphere of influence. The new policy is built on the Company´s vision, mission and values, and is aligned with the principles set forth in the Universal Declaration of Human Rights and the United Nations Global Compact, which Santos Brasil has been a signatory to since 2013. It is also in accordance with the Brazilian legislation, the values agreed to internationally by Brazil, as well as with the Company´s Compliance and Sustainability policies. The guidelines strengthen Santos Brasil´s rejection to any active or passive involvement or association in situations that characterize child labor, forced or compulsory labor, discrimination, violence in all its forms, moral or sexual harassment, sexual exploitation of children and adolescents, and other social issues. "Our Human Rights policy is aligned with the belief in the important role played by private organizations in promoting fundamental values such as citizenship, democracy, equality, security and justice", explains Raquel Ogando, Santos Brasil Communications, Sustainability and Competitive Intelligence Executive Manager. "Setting clear guidelines conveys security and awakens a watchful, alert eye in our employees so that they become human rights promotion agents, also contributing to its applicability outside the company´s facilities", she emphasizes. Santos Brasil provides a reporting channel managed by external auditors, which can be accessed on the Company´s website. The Confidential Portal is available to all parties related to the company, and ensures both anonymity and information integrity.

Santos Brasil received Chinese ship owner Cosco Shipping´s new vessel. On its maiden voyage across South America, the Cosco Volga docked at Tecon Santos, the largest container terminal in South America. The ship was especially built to sail off the coast of the American continent, mainly in Brazil. The 299-meter long Cosco Volga, which can transport nine thousand TEUs (a unit equivalent to a 20-foot container), offloaded close to 1,700 containers at Tecon Santos. The 37-day trip began at the Singapore Harbor in Southeast Asia. In Brazil, the ship called at the Port of Itaguaí in Rio de Janeiro State, en route to the Port of Santos.

Santos Brasil will publish the list of the 15 youths approved for the 2017 class of the Formare Aprendiz program on its www.santosbrasil.com.br website. After undergoing four classificatory phases - written test, group dynamics, interviews, and tests and home visits, on April 11, the students begin the Administrative Assistant course, which will enable them to reach the labor market faster by means of professional qualification. The course will have an 1800-hour workload (divided into theory and practice) and will be administered at Tecon Santos, the largest container terminal in South America. The youths will be hired by the company under a regular employment contract earning minimum wage, as well as be entitled to life insurance, transportation coupons, staple food basket, meals at the company, uniform, and learning material. The program began in 2009, and 236 students have already graduated from it. 82 of them were hired by the company in different sectors. The Formare Aprendiz program is certified by Fundação Iochpe and validated by the Labor Ministry.

Santos Brasil closed 2016 with a historical container handling mark in its four railroad extensions at Tecon Santos - the largest and most efficient terminal in South America. A total number of 43,551 units were handled last year, representing a 32% increase over 2015, when 32,937 containers were handled. The best month in 2016 was December, with 4,461 units handled. This result reflects the high demand for containerized commodities, predominantly pulp and paper, which totaled 17,000 containers originating in the Suzano (São Paulo State) and Três Lagoas (Mato Grosso do Sul State) regions. According to the Santos Brasil Executive Director of Port Operations and Logistics Ricardo Molitzas, investments in technology also boosted rail modal performance. "In the second half of the year, we introduced an innovative and pioneering tool at the Port of Santos called Twin Pick, which doubled the productivity of our rail operations by loading or unloading two 20-foot containers simultaneously. An important gain from the new system is that we have now been able to operate a rolling stock with fifty 20-foot containers in about an hour and a half, which previously took three hours on average", says the executive, who is optimistic for 2017. "With the increase in exports, the expectation is that we can further improve our performance this year", he adds. Logistical operation by rail has been one of Santos Brasil´s initiatives for at least four years. The company has leveraged the competitive advantage of operating the only rail terminal with four extensions in the Port of Santos and the scenario of opportunities in the railway sector in the country, which are now offering attractive costs to clients. It is also worth noting that the railway modal has established itself as a strong alternative for reducing heavy traffic on the roads and in access routes to the Port of Santos. To illustrate this, each railcar can carry up to four 20-foot containers, enough to take four trucks off the roads. In addition, it reduces operating risk and the level of CO2 emission into the environment by up to 70%, as well as being directly aligned with the United Nations Sustainable Development goals and with Santos Brasil¿s Sustainability Policy.

São Paulo, February 15, 2017 - Santos Brasil closed the fourth quarter of 2016 with an 8.3% growth in operated volume and a total 267,983 containers handled at its three terminals - Santos (São Paulo State), Vila do Conde (Pará State) And Imbituba (Santa Catarina State). The increase was 10.5% year over year, especially due to the performance of the Vila do Conde and Santos terminals. The Company once again exceeded the volume of one million containers handled in the year, which was last recorded in 2013. At Tecon Santos, the largest and most efficient container terminal in South America, 242,660 containers were handled in Q416, a volume 5.5% higher than in Q415. The company´s market share in the port of Santos reached 41.6% in the period (compared to 37.9% in Q415). The operation in the Santos complex showed an increase in the handling of long-haul containers with imports and exports growing 4.3% and 8.0% respectively in the last quarter of the year. Due to the volume increase from two navigation services operating on routes to the West coast of South America and to Africa who began mooring at the terminal in late 2015, as well as the increase in average consignment from joint navigation services to which new ship owners have been added, the volume of containers handled at Tecon Santos grew by 9.0% in 2016. Tecon Vila do Conde, in full expansion, handled 19,007 containers in Q416, a volume that exceeded its performance in Q415 by 74.1%. Accumulated growth was 46.1%, with 65,786 containers handled. Since the end of January last year, the mooring of two shipping services operating on routes to Europe and the Caribbean has boosted long-haul operations in the Pará terminal, which grew 58.4% in Q416. Stimulated by the arrival of empty containers that were later stuffed and exported, coastal navigation traffic also increased by 105.6% in the period. Tecon Imbituba recorded a 1.2% decline in container handling in Q416, still impacted by the termination of a navigation service operating on the Gulf of Mexico route. However, coastal navigation operations - currently the terminal¿s main type of cargo - grew by 12.4% in the last quarter. In Santos Brasil´s services mix, long-haul import, export and transshipment operations recorded a 6.2%, 10.7% and 6.6% growth, respectively. Coastal navigation operations had their share lowered to 23.3% of the total handled (24.0% in Q415), as well as transshipment operations, which share was reduced from 31.2% in Q415 to 29.4% in Q416. Driven by the gain in market share in Santos and the increase in retention rate, bonded warehousing operations showed a 21.4% growth in the port container terminal segment. Financial Indicators Santos Brasil´s adjusted consolidated net revenue totaled R$ 212.0 million in Q416, in a 0.9% growth over Q415. Year to date totaled R$ 840.0 million, in a 7.7% decrease compared to 2015. Gross revenue from port operations grew 6.5% in 2016, excluding the amount related to the provision reversal that occurred in 2015. EBITDA (earnings before interest, taxes, depreciation and amortization) in Q416 adjusted for non-recurring effects was R$ 31.3 million, with a 14.3% margin. In 2016, adjusted EBITDA totaled R$ 95.0 million with an 11.3% margin (R$ 195.8 million and a 21.7% margin in 2015). The Logistics segment once again showed a positive EBITDA in Q416 after the restructuring carried out last year, reversing the performance recorded in the last four quarters. Santos Brasil was also able to reduce its loss in Q416 by 98%. Loss recorded in the last three months of 2016 was R$ 525 thousand, compared to R$ 28 million in the previous year. The company closed the period with a cash balance of R$ 192.6 million and a net debt of R$ 40.1 million, equivalent to 0.5 times the EBITDA of the last 12 months.

Santos Brasil - a provider of comprehensive port and logistics services - has just created its Human Rights Policy, which establishes basic guidelines for respecting, promoting and preserving essential rights in relationships with its customers, employees, suppliers and third parties. It is built on the company¿s vision, mission and values, and is aligned with the principles set forth in the United Nations Global Compact, which Santos Brasil has been a signatory of since 2013. Policy guidelines punish any active or passive involvement or association in situations that characterize child labor, forced or compulsory labor, discrimination, violence in all its forms, moral or sexual harassment, sexual exploitation of children and adolescents, and other social issues. All company employees will receive training in the course of this year.

Paper and pulp account for half of the export cargo volume handled at the railroad terminals in Tecon Santos, the largest container terminal in South America, located in the Port of Santos and operated by Santos Brasil. The commodities are originated in the Suzano (São Paulo State) and Três Lagoas (Mato Grosso do Sul State) regions. In the year to date through November, some 21,700 containers for export were transported by train to Tecon Santos with chemical, agricultural and automotive industry products, among others. The railroad modal is increasingly attracting commodity exporters by offering cargo security, lower cost, and environmental gains. It is also a strong alternative for reducing traffic on roads and in accessing the Port of Santos. Each railroad car can carry up to four 20-foot containers, which is enough to take four trucks off the roads. In addition, it reduces operational risk, as well as cuts CO2 emission level in the environment by up to 70%. According to a Brazilian Tree Industry (Ibá) forecast, Brazil is very close to rising from fourth to second place among the world¿s largest pulp producers, second only to the United States. Brazil´s installed capacity will increase from 17.4 million tons/year in 2015 to 20.9 million tons/year. China is the largest purchaser of pulp from Brazil, surpassing Europe, which previously held this position.