CESP - COMPANHIA ENERGÉTICA DE SÃO PAULO Legal Entity nº / Registry nº ORDINARY AND EXTRAORDINARY GENERAL MEETING

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1 CESP - COMPANHIA ENERGÉTICA DE SÃO PAULO Legal Entity nº / Registry nº ORDINARY AND EXTRAORDINARY GENERAL MEETING I DATE, TIME AND PLACE: On April 27th (twenty-seventh), 2015, at 10 am, at the company s headquarter, at Avenida Nossa Senhora do Sabará, 5312, São Paulo - SP. II - INVITATION: Invitation published on March 28 and 31 and April 2, 2015, by Diário Oficial do Estado de São Paulo (newspaper) Empresarial (business) section, and on March 28, 31 and April 1st, 2015, by Folha de São Paulo (newspaper) national section. III QUORUM: Shareholders representing more than 2/3 (two thirds) of the voting capital stock, according to the signatures in the Book of Shareholders Registry - Law 6.404/76. IV - PARTICIPANTS: Dr. Mauro Guilherme Jardim Arce Director & President and member of the Administration Board, Dr. Almir Fernando Martins Financial Director and Director of Investor Relations; Dr. Cristina Margarete Wagner Mastrobuono Attorney of the Revenue Service State of São Paulo; Mr. Davidson Campaneli member of the Financial Board; Mr. Fúlvio Carvalho Independent Auditor; Dr. Maria Karina Perugini from Mesquita, Pereira, Marcelino, Almeida, Esteves Advogados (law office), representing the following organizations: HSBC, ITAÚ, VINCI, JP MORGAN, CITIBANK and other shareholders identified at the end of these minutes; Mr. José Francisco Grecco Department of Waters and Electricity State of São Paulo - DAEE; Mr. Wilson Bandeira de Moura Companhia do Metropolitano de São Paulo METRÔ (the subway company). V - CHAIRMAN: Chairman: Dr. Mauro Guilherme Jardim Arce, Secretary: Mrs. Vera Lúcia Sanches do Nascimento. VI AGENDA OF THE ORDINARY GENERAL MEETING: 1. Annual Report of Administration and Financial Statements for the 2014 Fiscal Year, with the remarks from the Independent Auditors and Financial Board. 2. Proposed allocation of profit and proposed dividend distribution to shareholders. 3. Election of the members of the Administration Board and full and substitute members of the Financial Board. VII - CLARIFICATION: The agenda was properly analyzed by CODEC (Council of State Capital Protection) through Report 080/2015, of April 24, VIII DESCRIPTION: The Chairman opened the Ordinary and Extraordinary General Meeting of CESP and invited Mrs. Vera Lúcia Sanches do Nascimento to be the secretary during the meeting. The Invitation and the Administration Board Proposal were not read, as they were known to all shareholders. ORDINARY GENERAL MEETING The Chairman started the discussion of item 1 of the Agenda:

2 Annual Report of the Administration and Financial Statements for the 2014 Fiscal Year, with the remarks from the Independent Auditors and Financial Committee. He invited Dr. Cristina Margarete Wagner Mastrobuono to speak, who, based on CODEC Remark 080/2015, of April 24, 2015, considering the favorable expression of the Administration and Financial Boards, and the report from ERNST & YOUNG Auditores Independentes S.S., which indicated the financial statements properly presented, in all relevant aspects, the financial and equity situation of CESP on December 31, 2014, as well as its performance of operations and cash flows for the fiscal year ended on such date, according to the accounting practices adopted in Brazil and the International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB), proposed the approval of item 1. The Chairman started the voting session for the proposal of the State Revenue Service, and the proposal was approved by unanimous voting. The Chairman started the discussion of item 2 of the agenda: Proposed allocation of profit and proposed dividend distribution to shareholders. He invited Mrs. Cristina Margarete Wagner Mastrobuono to speak, who, based on CODEC Remark 080/2015, of April 24, 2015, proposed the payment of dividends to the shareholders in the amount of R$ 1,773,195, (one billion, seven hundred and seventy-three million, one hundred and ninety-five thousand, eight hundred and three reais and sixty-six cents), which will have the deduction of the amount already paid as interest on equity capital of R$ 193,000, (one hundred and ninety-three million reais), according to the sole paragraph of article 31 of the company s by-laws, leading to the net amount of R$ 1,580,195, (one billion, five hundred and eighty million, one hundred and ninety-five thousand, eight hundred and three reais and sixty-six cents) to be paid as follows: Payment of mandatory minimum dividend balance, in the amount of R$ 404,543, (four hundred and four mullion, five hundred and forty-three thousand, three hundred and forty-five reais and forty-four cents), and the partial payment of proposed additional dividends in the amount of R$ 385,554, (three hundred and eighty-five million, five hundred and fifty-four thousand, five hundred and fifty-six reais and thirty-nine cents) by May 31, 2015; The remaining amount of the proposed additional dividends of R$ 790,097, (seven hundred and ninety million, ninety-seven thousand, nine hundred and one reais and eighty-three cents) to be paid by September 30, 2015.

3 2014 FISCAL YEAR (IN R$ THOUSAND) NET PROFIT R$ 560,139 ALLOCATION Legal reserve -R$ 28,007 Reserve of profits to be realized R$ 33,405 Adjustment of equity evaluation (depreciation) R$ 183,356 Adjustment of equity evaluation R$ 1,318,215 TOTAL R$ 2,067,108 Statutory reserve -R$ 293,913 AMOUNT OR DIVIDEND DISTRIBUTION R$ 1,773,195 INTEREST ON EQUITY CAPITAL ALREADY DISTRIBUTED -R$ 193,000 AMOUNT TO BE DISTRIBUTED AS DIVIDENDS R$ 1,580,195 Mandatory complementary dividends -R$ 404,543 Proposed additional dividends -R$ 1,175,652 BALANCE OF ACCUMULATED PROFIT R$ 0 The dividends will be distributed to the shareholders whose shareholding status was verified on April 29, 2015, with stocks negotiated starting on April 30, 2015 in BM&FBOVESPA considered ex-dividends. The Chairman started the voting session for the proposal of the State Revenue Service, and the proposal was approved by unanimous voting. The Chairman started the discussion of item 3 of the Agenda: Election of the members of the Administration Board and full and substitute members of the Financial Board. The Chairman invited Mrs. Cristina Margarete Wagner Mastrobuono to speak, who, based on CODEC Remark 080/2015, of April 24, 2015, proposed, considering the applicable governmental authorization, to elect the following members of CESP Administration Board: João Carlos de Souza Meirelles (President and member of the Administration Board appointed by the controlling shareholder), Brazilian, married, engineer, ID , Brazilian Taxpayer ID , office address: Rua Bela Cintra, 847, 10º andar, São Paulo SP, ; Mauro Guilherme Jardim Arce (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, electrical engineer, ID , Brazilian Taxpayer ID , office number: Rua Nossa Senhora do Sabará, 5312 casa 6, Vila Emir, São Paulo - SP, ; Andrea Sandro Calabi (member of the Administration Board appointed by the controlling shareholder), Brazilian, separated, economist, ID SSP/SP, Brazilian Taxpayer ID , home address: Rua Tucumã, 217, ap. 241 São Paulo - SP, ; Clovis Luiz Chaves (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, lawyer, ID , Brazilian Taxpayer

4 ID , home address: Alameda das Andorinhas, 520, São José do Rio Preto -SP, ; Fernando Carvalho Braga (independent member of the Administration Board appointed by the controlling shareholder), Brazilian, divorced, economist, ID , Brazilian Taxpayer ID , home address: Rua Itapaiúna, 1800, ap. 201, São Paulo - SP, ; Ricardo Achilles (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, engineer, ID SSP/SP, Brazilian Taxpayer ID , home address: Rua Maracá, 266, ap. 53, São Paulo - SP, ; Renato Augusto Zagallo Villela dos Santos (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, economist, ID , Brazilian Taxpayer ID , office address: Av. Rangel Pestana, 300 5º andar São Paulo - SP, ; Luiz Gonzaga Vieira de Camargo (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, lawyer, ID , Brazilian Taxpayer ID , office address: Rua Capitão Lisboa, 715 2º andar Tatui - SP, ; Ricardo Daruiz Borsari (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, engineer, ID , Brazilian Taxpayer ID , office address: Rua Boa Vista, 170, 11º andar São Paulo SP, ; Adriano José Pires Rodrigues (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, economist, ID , Brazilian Taxpayer ID , office address: Praça Floriano, nº 55, sala 601, Centro, Rio de Janeiro - RJ, ; Aderbal de Arruda Penteado Junior (member of the Administration Board appointed by the controlling shareholder), Brazilian, married, engineer, ID , Brazilian Taxpayer ID , home address: Rua Jambo, 165, J, Algarve, Granja Viana, Cotia - SP, ; Paulo Sérgio Cordeiro Novais (member of the Administration Board, representative of employees, appointed by the controlling shareholder), Brazilian, married, lawyer, ID , Brazilian Taxpayer ID , office address: UHE Engenheiro Souza Dias (Jupiá) Rodovia Marechal Rondon, KM 667- Cidade de Castilho - SP, Considering the provisions of art. 141, 4, II and 239, of the Corporation Law, the Chairman invited Mrs. Maria Karina Perugini to speak from Mesquita, Pereira, Marcelino, Almeida, Esteves Advogados (law office), representing VINCI PARTNERS, which appointed, with TALOS CAPITAL LIMITED, Mauro Rodrigues da Cunha (independent member of the Administration Board appointed by the preferred shareholders) Brazilian, married, economist, ID issued by the Ministry of Merchant Marine - RJ, Brazilian Taxpayer ID , home address: Rua São Paulo Antigo, 500, ap. 34C, São Paulo - SP, The elected members shall act according to the provisions of the Company s by-laws, with a unified term of office, until the Meeting to approve the 2016 statements, in April 2017, observing the provisions in art. 140, of Federal Law 6.404/76, and their remuneration will be established according to the guidance from this Board, according to CODEC Remark 001/2007, subject to the conditions foreseen in CODEC Remark 116/2004, with the possibility to receive pro-rata temporis bonus mentioned in CODEC Remark 057/2003 and art. 4 of CODEC Deliberation 01/91. The elected members

5 shall observe the requirements, restrictions and procedures defined in the Corporation Law and other regulations in force, as well as CODEC Deliberation 01/2010. Regarding the statement of assets, the application state regulation shall be observed. After that, the Chairman invited Mrs. Cristina Margarete Wagner Mastrobuono to speak, who, based on CODEC Remark 080/2015, of April 24, 2015, proposed to elect, considering the applicable governmental authorization, the following members of the Company s Financial Board: Emília Ticami (full member appointed by the controlling shareholder), Brazilian, single, public administrator, ID , Brazilian Taxpayer ID , home address: Rua Francisco Pugliese, São Paulo - SP, and respective substitute João Paulo de Jesus Lopes (appointed by the controlling shareholder), Brazilian, married, civil engineer, ID , Brazilian Taxpayer ID , home address: Rua Girassol, 756, ap. 41, São Paulo - SP, ; Davidson Campaneli (full member appointed by the controlling shareholder), Brazilian, married, administrative analyst, ID , Brazilian Taxpayer ID , home address: Ra 2 de Outubro, 284 São Bernardo do Campo - SP, , and respective substitute Mitiko Ohara Tanabe (appointed by the controlling shareholder), Brazilian, married, director of research and budget development, ID , Brazilian Taxpayer ID , home address: Rua Eduardo da Silva Magalhães, São Paulo - SP, ; Vanildo Rolando Neubauer (full member appointed by the controlling shareholder), Brazilian, married, lawyer, ID , Brazilian Taxpayer ID , office address: Rua Bela Cintra, º andar, São Paulo - SP, , and respective substitute Sandra Maria Giannella (appointed by the controlling shareholder), Brazilian, married, economist, ID , Brazilian Taxpayer ID , office address: Rua Bela Cintra, º andar - São Paulo - SP, Considering the provisions in art. 141, 4, II and 239, of the Corporation Law, the Chairman invited Mrs. Maria Karina Perugini to speak from Mesquita, Pereira, Marcelino, Almeida, Esteves Advogados (law office), representing VINCI PARTNERS, which appointed, with TALOS CAPITAL LIMITED, Manuel Jeremias Leite Caldas (full member appointed by the preferred shareholders), Brazilian, married, with Doctor s degree and Master s degree in Economy, ID , Brazilian Taxpayer ID , home address: Avenida Lucio Costa 6700/1103, Barra da Tijuca, Rio de Janeiro - RJ, , and respective substitute Fernando Cézar Maia (appointed by the preferred shareholders), Brazilian, married, electrical engineer, ID , Brazilian Taxpayer ID , home address: Avenida Santa Monica, Bloco 5, ap. 802, Barra da Tijuca, Rio de Janeiro - RJ, The members of the Financial Board will perform their functions until the next Ordinary General Meeting, in 2016, and if any full member is unable to be present, the substitute shall be informed and invited to participate in the meetings. The members of the Financial Board will receive a monthly remuneration in the amount corresponding to 20% (twenty per cent) of the monthly remuneration of the company s directors, and such payment will be subject to their presence in at least one monthly meeting, and they may receive the pro rata temporis bonus paid in December, according to the provisions in CODEC Deliberation 001/91. The elected members shall

6 observe the requirements, restrictions and procedures defined in the Corporation Law and other regulations in force. Regarding the statement of assets, the application state regulation shall be observed. After that, the Chairman started the voting section for item 3 of the Agenda, and after all votes were received, the proposal was approved by unanimous voting, confirming the members of CESP Administration Board, with unified term of office of 2 years, starting today and ending in April 2017, in the Ordinary General Meeting that will discuss the 2016 statements: João Carlos de Souza Meirelles President, Mauro Guilherme Jardim Arce, Andrea Sandro Calabi, Clóvis Luiz Chaves, Fernando Carvalho Braga, Ricardo Achilles, Renato Augusto Zagallo Villela dos Santos, Luiz Gonzaga Vieira de Camargo, Ricardo Daruiz Borsari, Adriano José Pires Rodrigues, Aderbal de Arruda Penteado Junior, Paulo Sérgio Cordeiro Novais, and Mauro Rodrigues da Cunha, and confirming the members of CESP Financial Board, with unified term of office of one year, starting today and ending in April 2016, in the Ordinary General Meeting that will discuss the 2015 statements: Emília Ticami, Davidson Campaneli, Vanildo Rolando Neubauer, Manuel Jeremias Leite Caldas, as full members, and João Paulo de Jesus Lopes, Mitiko Ohara Tanabe, Sandra Maria Giannella and Fernando Cézar Maia, as substitutes. EXTRAORDINARY GENERAL MEETING - Agenda: 1. Definition of remuneration to the members of the Administration and Financial Boards; 2. Alteration to art. 3 of the Company s By-law, to reflect the new capital stock composition, due to conversion of shares from one class to another, previously conducted. DESCRIPTION: The Chairman started the discussion regarding item 1 of the Agenda: Definition of remuneration to the members of the Administration and Financial Boards. The Chairman invited State Attorney Cristina Mastrobuono to speak, representing shareholder São Paulo State Revenue Service, who, according to the provisions in art. 152 of Federal Law 6.404/76 (the Corporation Law) and based on CODEC Remark 080/2015, proposed to define the remuneration to the members of the Board of Directors, in the individual monthly amount of R$ 20, (twenty thousand, five hundred and ninety reais), according to CODEC Remark 003 and Official Circular 001/GS-CODEC, of January 31, Likewise, the State Attorney stated that, besides the amount above, in compliance with CODEC remark specifying it, the percentage indicated in CODEC Remark 001/2007 shall be considered, regarding the remuneration to the members of the Administration and Financial Boards, with the other remuneration conditions remaining as before, according to CODEC remarks in effect. The directors may receive a premium, as defined in CODEC Remark 150/2005. Finally, the State Attorney authorized the annual bonus, pro-rata temporis bonus, to be paid in December, foreseen in art. 4 of CODEC Remark 01/91, to the members of the Board of Directors, Administration Board and Financial Board. The Chairman started the voting session for the State Attorney s proposal, which was approved by unanimous voting. After that, the Chairman started the discussion for item 2 of the Agenda: Alteration to art. 3 of the Company s By-law, to reflect the new capital stock composition, due to

7 conversion of shares from one class to another, previously conducted. The Chairman invited State Attorney Cristina Mastrobuono to speak, representing shareholder São Paulo State Revenue Service, who, based on CODEC Remark 080/2015, of April 24, 2015, informed CESP Board of Directors, through Resolution 2881/01/1606ª, of April 4, 2014, approved the submission of the proposal to the Administration Board, for the authorization of a period to convert class A preferred shares (PNA), according to the provisions in force. The Administration Board, according to the minutes of the 660th meeting held on April 15, 2014, approved the conversion of class A preferred shares (CESP5) in the proportion of one share retained by an ordinary share (CESP3) or by a class B preferred share (CESP6). In the conversion operation, two shareholders representing 62 CESP5 shares opted for ordinary shares (CESP3) and 18 shareholders representing 91,711 CESP5 shares opted for class B preferred shares (CESP6), corresponding to % operation in the company s total capital, according to the notice to shareholders. Thus, the State Attorney approved the alteration to art. 3 of the Company s By-law, now with the following wording: ARTICLE 3 The capital stock is R$ 5,975,433, (five billion, nine hundred and seventy-five million, four hundred and thirty-three thousand, four hundred and fifty-four reais and forty-three cents), divided in 327,502,673 (three hundred and twenty-seven million, five hundred and two thousand, six hundred and seventy-three) shares 109,167,620 (one hundred and nine million, one hundred and sixty-seven thousand, six hundred and twenty) single class ordinary shares, and 7,610,953 (seven million, six hundred and ten thousand, nine hundred and fifty-three) class A preferred shares and 210,724,100 (two hundred and ten million, seven hundred and twenty-four thousand and one hundred) class B preferred shares, all of them are nominative shares, without nominal value. Finally, it should be noted that no other proposal should be approved without the prior evaluation of this CODEC. The Chairman started the voting session for the State Attorney s proposal, which was approved by unanimous voting. CLOSING AND SIGNATURE OF THESE MINUTES: Without any further statement, the Chairman ended the Ordinary and Extraordinary General Meetings, determining the registry of these minutes, read and approved, and signed by the participants and shareholders who represent the majority necessary to the deliberations made. Dr. Mauro Guilherme Jardim Arce the Chairman, Vera Lúcia Sanches do Nascimento Secretary, Dr. Cristina Margarete Wagner Mastrobuono São Paulo State Attorney; Mr. Davidson Campaneli member of the Financial Board; Mr. Fúlvio Carvalho Independent Auditor; Mr. José Francisco Grecco DAEE; Mr. Wilson Bandeira de Moura METRÔ. Dr. Maria Karina Perugini from Mesquita, Pereira, Marcelino, Almeida, Esteves Advogados (law firm), representing the following organizations: HSBC, ITAÚ, VINCI, JP MORGAN, CITIBANK. Funds - ACADIAN ALL COUNTRY WORLD EX US FUND ; ACADIAN EMERGING MARKETS EQUITY FUND , ACADIAN EMERGING MARKETS EQUITY II FUND, LLC ; ADVANCED SERIES TRUST - AST AQR EMERGING MARKETS EQUITY PORTFOLIO ; ADVANCED SERIES TRUST - AST GOLDMAN SACHS MULTI-ASSET PORTFOLIO ; ADVANCED SERIES TRUST - AST PARAMETRIC EMERGING MARKETS EQUITY

8 PORTFOLIO ; ADVANCED SERIES TRUST - AST PRUDENTIAL GROWTH ALLOCATION PORTFOLIO ; ADVANCED SERIES TRUST - AST RCM WORLD TRENDS PORTFOLIO ; ADVISORS INNER CIRCLE FUND - ACADIAN EMERGING MARKETS PORTFOLIO ; ALASKA PERMANENT FUND ; AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC. - EMERGING MARKETS VALUE FUND ; ARIZONA PSPRS TRUST ; ASCENSION HEALTH MASTER PENSION TRUST ; AT&T UNION WELFARE BENEFIT TRUST ; BELL ATLANTIC MASTER TRUST ; BELLSOUTH CORPORATION RFA VEBA TRUST ; BLACKROCK CDN MSCI EMERGING MARKETS INDEX FUND ; BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A ; BOC PENSION INVESTMENT FUND ; CAISSE DE DEPOT ET PLACEMENT DU QUEBEC ; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; - CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM ; CANADA PENSION PLAN INVESTMENT BOARD ; CANADA PENSION PLAN INVESTMENT BOARD ; CAUSEWAY EMERGING MARKETS FUND ; CAUSEWAY EMERGING MARKETS GROUP TRUST ; CAUSEWAY INTERNATIONAL OPPORTUNITIES GROUP TRUST ; CENTRAL STATES SOUTHEAST AND SOUTHWEST AREAS PENSION FUND ; CF DV EMERGING MARKETS STOCK INDEX FUND ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; CITY OF NEW YORK GROUP TRUST ; COLLEGE RETIREMENT EQUITIES FUND ; COMMON FUND STRATEGIC SOLUTIONS GLOBAL EQUITY, LLC ; COMMONWEALTH SUPERANNUATION CORPORATION ; COMPASS AGE LLC ; CONVERGENT CAPITAL INSTITUTIONAL MASTER TRUST ; DGIA EMERGING MARKETS EQUITY FUND L.P ; DREYFUS INVESTMENT FUNDS - DIVERSIFIED EMERGING MARKETS FUND ; DREYFUS OPPORTUNITY FUNDS - DREYFUS STRATEGIC BETA EMERGING MARKETS EQUITY FUND ; DUNHAM INTERNATIONAL STOCK FUND ; MESQUITA PEREIRA, MARCELINO, ALMEIDA, ESTEVES ADVOGADOS EATON VANCE COLLECTIVE INVESTMENT TRUST FOR EMPLOYEE BENEFIT PLANS - EMERGING MAR ; EATON VANCE TRUST COMPANY COMMON TRUST FUND - PARAMETRIC STRUCTURED EMERGING M ; EGSHARES BRAZIL INFRASTRUCTURE ETF ; EMERGING MARKETS EQUITY FUND ; EMERGING MARKETS EQUITY INDEX MASTER FUND ; EMERGING MARKETS EQUITY INDEX PLUS FUND ; EMERGING MARKETS EQUITY TRUST 4 -

9 ; EMERGING MARKETS EX-CONTROVERSIAL WEAPONS EQUITY INDEX FUND B ; EMERGING MARKETS INDEX NON-LENDABLE FUND ; EMERGING MARKETS INDEX NON-LENDABLE FUND B ; EMERGING MARKETS SUDAN FREE EQUITY INDEX FUND ; EMPLOYEES RETIREMENT PLAN OF BROOKLYN UNION GAS ; EMPLOYEES RETIREMENT SYSTEM OF THE STATE OF HAWAII ; ENHANCED RAFI EMERGING MARKETS LP ; ENSIGN PEAK ADVISORS, INC ; EVANGELICAL LUTHERAN CHURCH IN AMERICA BOARD OF PENSIONS ; FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC ADVISERS EMERGING MARKETS FUND ; FIDELITY SALEM STREET TRUST: FIDELITY SERIES GLOBAL EX U.S. INDEX FUND ; FIDELITY SALEM STREET TRUST: SPARTAN EMERGING MARKETS INDEX FUND ; FIDELITY SALEM STREET TRUST: SPARTAN GLOBAL EX U.S. INDEX FUND ; FIREFIGHTERS RETIREMENT SYSTEM ; FIRST TRUST BRAZIL ALPHADEX FUND ; FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND ; FLORIDA RETIREMENT SYSTEM TRUST FUND ; FUTURE FUND BOARD OF GUARDIANS ; GLOBAL TRUST COMPANY FBO AQR COLLECTIVE INVESTMENT TRUST - AQR EMERGING EQUITIES ; GLOBAL X BRAZIL MID CAP ETF ; GMAM GROUP PENSION TRUST II ; GMAM INVESTMENT FUNDS TRUST ; GMAM INVESTMENT FUNDS TRUST ; GMAM INVESTMENT FUNDS TRUST ; GMO ALPHA ONLY FUND, A SERIES OF GMO TRUST ; GMO DEVELOPED WORLD STOCK FUND, A SERIES OF GMO TRUST ; GMO EMERGING MARKETS EQUITY FUND, A SUB FUND OF GMO FUNDS PLC ; GMO GLOBAL REAL RETURN (UCITS) FUND, A SUB-FUND OF GMO FUNDS PLC ; GMO IMPLEMENTATION FUND, A SERIES OF GMO TRUST ; GMO INTERNATIONAL SMALL COMPANIES FUND ; GMO MEAN REVERSION FUND(ONSHORE), A SERIES OF GMO MASTER PORTFOLIOS(ONSHORE), L ; GMO RESOURCES FUND, A SERIES OF GMO TRUST ; GMO TRUST ON BEHALF OF GMO EMERGING COUNTRIES FUND ; GMO WORLD EQUITY ALLOCATION INVESTMENT FUND PLC ; UIDESTONE FUNDS EMERGING MARKETS EQUITY FUND ; HC CAPITAL TRUST THE INSTITUTIONAL INTERNATIONAL EQUITY PORTFOLIO ; HC CAPITAL TRUST THE INTERNATIONAL EQUITY PORTFOLIO ; HEWLETT-PACKARD COMPANY MASTER TRUST ; HP INVEST COMMON CONTRACTUAL FUND ; IBM 401(K) PLUS PLAN ; ILLINOIS STATE BOARD OF INVESTMENT ; ISHARES II PUBLIC LIMITED COMPANY ; ISHARES II PUBLIC LIMITED COMPANY ; ISHARES III PUBLIC LIMITED COMPANY ; ISHARES MSCI BRAZIL CAPPED ETF ; ISHARES MSCI BRIC ETF ; ISHARES MSCI EMERGING MARKETS ETF ; ISHARES PUBLIC LIMITED COMPANY ; ISHARES PUBLIC LIMITED COMPANY ; ISHARES PUBLIC LIMITED COMPANY ; ISHARES VII PUBLIC LIMITED

10 COMPANY ; JAPAN TRUSTEE SERVICES BANK, LTD. RE: STB DAIWA EMERGING EQUITY FUNDAMENTAL INDEX M ; JAPAN TRUSTEE SERVICES BANK, LTD. SMTB EMERGING EQUITY MOTHER FUND ; JOHN HANCOCK FUNDS II STRATEGIC EQUITY ALLOCATION FUND ; JOHN HANCOCK VARIABLE INSURANCE TRUST INTERNATIONAL EQUITY INDEX TRUST B ; KAISER PERMANENTE GROUP TRUST ; LACM EMERGING MARKETS FUND L.P ; LOCKHEED MARTIN CORPORATION MASTER RETIREMENT TRUST ; LOS ANGELES CAPITAL GLOBAL FUNDS PLC ; LUCENT TECHNOLOGIES INC. MASTER PENSION TRUST ; LVIP BLACKROCK EMERGING MARKETS RPM FUND ; MELLON BANK N.A EMPLOYEE BENEFIT COLLECTIVE INVESTMENT FUND PLAN ; MERCER EMERGING MARKETS EQUITY FUND ; MERCER EMERGING MARKETS EQUITY FUND ; MGI FUNDS PLC ; MINISTRY OF STRATEGY AND FINANCE ; MINISTRY OF STRATEGY AND FINANCE ; MINISTRY OF STRATEGY AND FINANCE ; MINISTRY OF STRATEGY AND FINANCE ; MINISTRY OF STRATEGY AND FINANCE ; MISSOURI LOCAL GOVERNMENT EMPLOYEES RETIREMENT SYSTEM ; NATIONAL COUNCIL FOR SOCIAL SECURITY FUND ; NAV CANADA PENSION PLAN ; NEW YORK STATE TEACHERS RETIREMENT SYSTEM ; NEW YORK STATE TEACHERS RETIREMENT SYSTEM ; NEW ZEALAND SUPERANNUATION FUND ; NORGES BANK ; NORTHERN TRUST INVESTMENT FUNDS PLC ; NTGI - QUANTITATIVE MANAGEMENT COLLECTIVE FUNDS TRUST ; NZAM EM8 EQUITY PASSIVE FUND ; OMERS ADMINISTRATION CORPORATION ; PACE INTERNATIONAL EMERGING MARKETS EQUITY INVESTMENTS ; PANAGORA GROUP TRUST ; PENSION PROTECTION FUND ; PICTET - EMERGING MARKETS INDEX ; PICTET FUNDS S.A RE: PI(CH)-EMERGING MARKETS TRACKER ; PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY ; PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO ; PUBLIC SECTOR PENSION INVESTMENT BOARD ; PYRAMIS GLOBAL EX U.S. INDEX FUND LP ; ROBECO EMERGING CONSERVATIVE EQUITIES DST ; ROCHE US DB PLANS MASTER TRUST ; RUSSELL INSTITUTIONAL FUNDS, LLC - RUSSELL MULTI-ASSET CORE PLUS FUND ; SAMURAI GLOBAL INVESTMENT TRUST - SAMURAI ENHANCED VALUE FUND ; SAN DIEGO GAS & ELEC CO NUC FAC DEC TR QUAL ; SCHOOL EMPLOYEES RETIREMENT SYSTEM OF OHIO ; SCHWAB EMERGING MARKETS EQUITY ETF ; SCOTIA PRIVATE EMERGING MARKETS POOL ; SCRI ROBECO CUSTOMIZED QUANT EMERGING MARKETS FONDS ; SCRI ROBECO INSTITUTIONEEL EMERGING MARKETS QUANT FONDS ; STATE OF OREGON ; STATE OF OREGON ; STATE OF WINSCONSIN INVESTMENT BOARD MASTER TRUST ;

11 STATE STREET GLOBAL ADVISORS LUXEMBOURG SICAV - SSGA ENHANCED EMERGING MARKETS E ; STATE UNIVERSITY RETIREMENT SYSTEM ; STICHTING BEDRIJFSTAKPENSIOENFONDS VOOR HET BEROEPSVERVOER OVER DE WEG ; STICHTING PGGM DEPOSITARY ; STICHTING PGGM DEPOSITARY ; TEACHER RETIREMENT SYSTEM OF TEXAS ; TEACHER RETIREMENT SYSTEM OF TEXAS ; TEACHER RETIREMENT SYSTEM OF TEXAS ; TEACHER RETIREMENT SYSTEM OF TEXAS ; TEACHERS RETIREMENT SYSTEM OF THE STATE OF ILLINOIS ; TEACHERS RETIREMENT SYSTEM OF THE STATE OF ILLINOIS ; THE BOEING COMPANY EMPLOYEE SAVINGS PLANS MASTER TRUST ; THE CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM ; THE FIRST CHURCH OF CHRIST, SCIENTIST, IN BOSTON MASSACHUSETTS ; THE FIRST CHURCH OF CHRIST, SCIENTIST, IN BOSTON MASSACHUSETTS ; THE GENERAL MOTORS CANADIAN HOURLY-RATE EMPLOYEES PENSION PLAN ; THE GENERAL MOTORS CANADIAN RETIREMENT PROGRAM FOR SALARIED EMPLOYEES ; THE GMO EMERGING MARKETS FUND ; THE HONEYWELL INTERNATIONAL INC. MASTER RETIREMENT TRUST ; THE MONETARY AUTHORITY OF SINGAPORE ; THE MONETARY AUTHORITY OF SINGAPORE ; THE MONETARY AUTHORITY OF SINGAPORE ; THE NOMURA TRUST AND BANKING CO., LTD. RE: INT. EMERGING STOCK INDEX MSCI EMERGING N ; THE SEVENTH SWEDISH NATIONAL PENSION FUND - AP 7 EQUITY FUND ; THE STATE TEACHERS RETIREMENT SYSTEM OF OHIO ; THE STATE TEACHERS RETIREMENT SYSTEM OF OHIO ; THE WASHINGTON UNIVERSITY ; TIAA-CREF FUNDS - TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND ; TRILOGY INVESTMENT FUNDS PLC ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; UAW RETIREE MEDICAL BENEFITS TRUST ; USAA CAPITAL GROWTH FUND ; UTAH STATE RETIREMENT SYSTEMS ; VANGUARD EMERGING MARKETS STOCK INDEX FUND ; VANGUARD FTSE ALL- WORLD EX-US INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL QUE ; VANGUARD FUNDS PUBLIC LIMITED COMPANY ; VANGUARD FUNDS PUBLIC LIMITED COMPANY ; VANGUARD FUNDS PUBLIC LIMITED COMPANY ; VANGUARD TOTAL WORLD STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY ; VIRGINIA RETIREMENT SYSTEM ; VOYA EMERGING MARKETS INDEX PORTFOLIO ; WASHINGTON STATE INVESTMENT BOARD ; WMC GEM

12 SYSTEMATIC EQUITY FUND ; LGT SELECT FUNDS - LGT SELECT EQUITY EMERGING MARKETS ; NBIMC LOW VOLATILITY EMERGING MARKETS EQUITY FUND ; ROBECO CAPITAL GROWTH FUNDS ; TALOS CAPITAL LIMITED ; ARROWSTREET CAPITAL GLOBAL EQUITY LONG/SHORT FUND LIMITED ; ARROWSTREET US GROUP TRUST ; AQR FUNDS - AQR TM EMERGING MULTI-STYLE FUND ; FIDELITY INVESTMENT FUNDS - FIDELITY INDEX EMERGING MARKETS FUND ; GOVERNMENT PENSION FUND ; J.P. MORGAN EUROPE LIMITED AS TRUSTEES OF SCHRODER QEP GLOBAL EMERGING MARKETS FU ; JNL/MELLON CAPITAL EMERGING MARKETS INDEX FUND ; JPMORGAN FUNDS ; LABOR PENSION FUND SUPERVISORY COMMITTEE - LABOR PENSION FUND ; LABOR PENSION FUND SUPERVISORY COMMITTEE - LABOR PENSION FUND ; LABOR PENSION FUND SUPERVISORY COMMITTEE - LABOR PENSION FUND ; MISSOURI EDUCATION PENSION TRUST ; MISSOURI EDUCATION PENSION TRUST ; NEW YORK STATE COMMON RETIREMENT FUND ; NEW YORK STATE COMMON RETIREMENT FUND ; OHIO POLICE AND FIRE PENSION FUND ; OHIO POLICE AND FIRE PENSION FUND ; PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO ; PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO ; SCHRODER QEP EMERGING MARKETS FUND ; STICHTING PENSIOENFONDS VOOR HUISARTSEN ; THE BOEING COMPANY EMPLOYEE RETIREMENT PLANS MASTER TRUST ; THE BOEING COMPANY EMPLOYEE RETIREMENT PLANS MASTER TRUST ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MTBJ ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MTBJ ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MTBJ ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MTBJ ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB ; THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE FOR MUTB ; VANGUARD INVESTMENT SERIES, PLC ; VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND, A SERIES OF VANGUARD STAR FUNDS ; VIRTUS EMERGING MARKETS

13 (Thirteenth and last page of the minutes for the Ordinary and Extraordinary General Meetings held on April 27, 2015.) EQUITY INCOME FUND ; FIA MYSTIQUE ; FNAF FIA ; MISTYQUE TEENS FIA ; NAF ENIGMA FIA ; VINCI GAS CANOY FIA ; We state that this is the true transcription of the minutes for the Ordinary and Extraordinary General Meetings held on April 27, 2015, registered in the book of minutes of General Meetings. São Paulo, April 27, Mauro Guilherme Jardim Arce Chairman Vera Lúcia Sanches do Nascimento Secretary