July 23, 2020 005/2020-VPC

C I R C U L A R L E T T E R

To: B3's Market Participants - BM&FBOVESPA Segment

Re: Change to the Activity Parameters for the Market Maker Program in DI x IPCA Spread Futures.

We hereby inform you that there has been a change to the activity parameters for the Market Maker Program in DI x IPCA Spread Futures (DAP) announced in Circular Letter 047/2020-PRE, dated April 14, 2020.

Respective activity parameters have been changed for the following assets.

Model

Contract

Original max.

Updated max.

spread

spread

Model B, layer 1

K23

6

8

Model B, layer 1

Q24

6

8

1

INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION

005/2020-VPC

The changes in question are available in the document Activity Parameters for Market Makers in DI x IPCA Spread Futures (DAP), available at www.b3.com, Products and Services, Trading, Market maker, Programs.

The Program's other rules remain unchanged, as set forth in Circular Letter 047/2020-PRE, dated April 14, 2020.

Further information is available from the Product and Client Officer's team by telephone on +55 11 2565-4616/4042, or by email at formadordemercadob3@b3.com.br.

José Ribeiro de Andrade

Cícero Augusto Vieira Neto

Chief Product and Client Officer

Chief Operating Officer

2

INFORMAÇÃO PÚBLICA - PUBLIC INFORMATION

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B3 SA - – Brasil, Bolsa, Balcão published this content on 23 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2020 13:20:12 UTC