Multiplus SA is a Brazil-based company engaged in the operation of customer loyalty programs. The Company is active in the development and management of customer loyalty programs, marketing of rights of rewards redemption, creation of databases of individuals and companies, obtaining and processing information related to transactional consumption habits, and provision of auxiliary services to the trade of goods and products, such as import and export services, among others. In addition, the Company also provides loyalty program management services to commercial partners. The Company�s business partners include companies from various sectors of the economy, such as airlines, gas stations, bookstores, credit cards, banks and hotels. Tam SA is majority shareholder of the Company.