Victor Sobral

In charge of the tax area in Latin America, with focus on: - M&A: Responsible for all tax matters since the signature of the LOI until the integration of post deal - Tax Structuring; - Tax Modeling; - Tax & Labor Due Diligences; - Post Deal/Integration. - Tax Compliance - Tax Litigation

As from January 2020, reassumed the M&A Tax Manager position to be the local key point of contact for M&A Tax projects involving American clients.

Started the international assignment in the Industry Tax Practice Group (ITP) located in Los Angeles and Miami, with focus on US Corporate Tax services, such as Preparation and Audit of provisions (ASC 740 Income Tax, FIN 48, deferred taxes, valuation allowance, etc.); Federal Compliance (experienced with Go Systems), State Compliance and General Tax Consulting. After a rotation with the Specialized Tax Service Group (STS) at the end of 2018, was transferred to Atlanta to join the STS Group, with focus on Fixed Assets Solutions, Capitalization/Tangible Property Regulations, Cost Segregation, Accounting Methods (tax impact on cash flows) and R&D Tax Credit Studies. Main achievements: - Being involved in a significant variety of tax projects, such as provisions, compliance and consulting as well as attending clients from different industries, including corporations and partnerships, have allowed me to gain relevant skills and become a more complete tax professional and broaden my knowledge in US tax and US GAAP; - Responsible for project management and performing Purchase Price Allocation in M&A transactions and Cost Segregation studies for different industries, such as financial services, manufacturing, retail, real estate, among others (reporting directly to Partners and Directors); and - One of the handful non-engineers at PwC US who is able to perform engineering-based analysis for tax purposes in cost segregation studies (e.g., using Marshall Valuation Service to develop estimated costs and depreciation rates for buildings and other improvements).

As the leader of the M&A Tax practice in the Rio de Janeiro office (10 direct reports) report directly to the leader of the M&A Tax Group in Brazil and is responsible for attending a range of local and foreign corporate or private equity clients, as well as for managing tax due diligence (buy side and sell side), tax structuring engagements, identifying tax issues, performing tax modeling, provide tax inputs to valuation engagements, tax credits optimization and recommend tax planning for both, income taxes and indirect taxes. Main achievements: - Involved in more than 100 transactions. Deals have ranged considerably in size, from below US$ 10MM to several over US$1bi transactions. Serving international and national clients, both strategic and financial buyers and sellers, in a large variety of industries: ▪ Assisted Mubadala, the sovereign wealth fund of Abu Dhabi, during the complex restructuring of its investment in the EBX Group in the amount of $2bi; ▪ Close relationship with HIG Capital in Brazil, being the main point of contact for the tax due diligence and worked in most of its deals since the beginning of its operation in Brazil; ▪ Assisted Merck to acquire the major Veterinary vaccine Company in Brazil; ▪ Assisted PUIG to acquire a stake of traditional cosmetic company in Brazil; ▪ Assisted L’Oréal to acquire two important Companies in the cosmetic industry for almost US$1bi; and - Promoted from Associate to Manager in only 4 years due to consistently outstanding performances; and - The only tax professional in Brazil selected to be part of the US Tax Immersion Program of 2017, which allowed me to be a full-time student at the University of Southern California for 5 months, obtain a specialization in US Tax and work at PwC US for almost 3 years.

As part of the tax litigation team was responsible for following a portfolio of 300 judicial and administrative lawsuits focused on indirect tax matters, which included the preparation of tax appeals, keeping track of deadlines and assisting on strategy for court cases.

During the year 2008 I had the opportunity to be part and win the trainee campaign of German-Brazilian Chamber of Industry and Commerce. This campaign consisted of a contest between the professionals located in different States of Brazil, which the winner would be awarded with a contract of temporary internship in the MERCOSUR representative office located in Frankfurt, Germany. Main achievements and responsibilities: - Win the campaign and be awarded with a four-month internship in Germany; - Performing cost planning and correspondence for public and private institutions; - Organization of travels for political delegations and business meetings, mainly including: planning costs and fees, preparation of the program of visits, travel logistics planning, and scheduling and tracking meetings with businessmen and institutions.

US Income Tax of Corporation and their Shareholders, Partnerships, M&A, Taxation of Foreign Business Operations, Federal Tax Research, State and Local Tax, Tax Accounting Methods, Accounting for Income Taxes and International Tax.