| Type of Security | Stocks |
| Stock Code | BPAN4 |
| ISIN Code | BRBPANACNPR1 |
| Maximum Spread | 3,0% |
| Quantity | 7.500 |
| Round Lot | 100 |
| Market Maker | BTG Pactual CTVM S.A. |
| Market Maker Hired Yes | Yes (by Banco Pan S.A.) |
| Expiration of the Contract | 12 months, automatically extendable for similar periods |
| Contract in Force since | 11/3/11 |
| Market Maker since | 11/11/11 |