AEROPORTO INTERNACIONAL DO RIO DE JANEIRO/GALEÃO - ANTONIO CARLOS JOBIM

INCENTIVE PROGRAM 2017- INTERNATIONAL SERVICES

I –INTRODUCTION

I.1. The Concessionária Aeroporto Rio de Janeiro S.A. (“Concessionaire”), operator of the Aeroporto Internacional do Rio de Janeiro/Galeão - Antonio Carlos Jobim("Airport"), as set forth under Clause 4.5 of the Concession Agreement, entered into with the Brazilian Federal Union, through the Brazilian National Civil Aviation Regulatory Agency - ANAC dated April 2, 2014 ("Concession Agreement"), offers an attractive incentive program, transparent and equitable, based on objectiveparameters, aiming to increase the frequency of international flights in the Airport, through the granting of a 100% discount in the Landing Fee (Tarifa de Pouso), pursuant to the terms and conditions set forth in this Program (the "Incentive Program" or "Program").

II –APPLICABILITY

II.1. The fees discounts to be granted under the present Incentive Program are applicable to any user of the Airport that complies with the conditions for the enjoyment of the discounts, as set forth in this Program.

II.2. All Brazilian or foreigners’airlines of passenger transportation of Group 1, as defined in Annex 4 of the Concession Agreement (the "Airline"), which start a new or additional international route at the Airport are electable for the present Incentive Program, provided that in compliance with theother requirements set forth under this Incentive Program. If an airline wishes to be entitled to the discounts under the present Incentive Program, it shall execute the Deed of Adherence to the Incentive Program, attached hereto as Annex II.

II.3. For purposes of the present Incentive Program, new or additional route is defined as the implementation of a new international route or additional frequency to a pre-existing international route, respectively, in the Airport, fully operated by the Airline adherent to the Incentive Program, defining schedules and timetables, including charter, taking as a comparative basis the baseline of the Airline in the Airport in the 4th week of January 17.

II.4. In addition to the conditions set forth in items II.2 and II.3 above, the following requirements must be met by the Airline:

a.The slot for the operation of the new or additional route must be required by the Airline until March 2018;

b.The new or additional route must be defined as a regular operation.

c. The total frequencies and seats of the given airline must be higher than total frequencies and seats of the define watermark / baseline (4th week of January 17)

II.5. For purposes of the present Incentive Program, regular operation is defined as all routes that are flown 95% of the requested slots, per IATA season. In case of cancellingmore than 5% of the route’s flight during a particular season, the incentive will be automatically cancelled, regardless the reason.

II.6. The incentive will be valid for a full year operation,starting at the first date of operation of the new or additional route.

III – DISCOUNTS

III.1.The incentive object of the present Incentive Program consists of a 100% discount on the Landing Fee (Tarifa de Pouso), as defined in Annex 4 of the Concession Agreement, and will be applicable solely to the new or additional international route of the Airline.

III.2. The discounts for the new or additional route will be calculated pursuant to the chart inserted as Annex I of the present Incentive Program.

IV - TERM AND APPLICABILITY OF THE DISCOUNTS

IV.1. The discounts will be applied in the end of the month, considering the performance of the new or additional internationalroute agreed by the Airline and applicable against the monthly invoice sent by the Concessionaire to the Airline.

IV.2. For purposes of implementation of the benefits contained in the present Program, starting date of the new or additionalinternational route is the date of the first landing of such new or additional route in the Airport.

IV.3. The discounts will not be applied if the Airline chooses to substitute an aircraft that operates the new or additional international routein the Airport agreed under the Deed of Adherence, by another aircraft with lower passenger capacity.

IV.4.In the event that is verified that the Airline has any financial liabilities with the Concessionaire, the concession of the discount will be immediately suspended until the full settlement of the liability.

V - GENERAL PROVISIONS

V.1. The present Incentive Program refers solely and exclusively to the discounts granted in the Landing Fee (Tarifa de Pouso), being excluded other Fees occasionally charged by the Concessionaire, in addition to charges and taxes of any nature which might be applicable or come to be applicable to the services.

V.2. The Concessionária Aeroporto Rio de Janeiro S.A. reserves the right to modify, exclude or revoke the conditions of this Programat any time, by means of notification in its communication channels thirty (30) days prior to the change and/or exclusion. In this hypothesis, no indemnification will be due to the Airlines, including with respect to indirect damages or loss of profit.

V.3.The Airlines eligible for this Incentive Program must send all documents providing compliance to the requirements (slots requirements) to .

V.4.In order to grant the concession of the incentive, the Airline must inform the Concessionaire, in writing, the number of the flights contemplated by this Incentive Program, at least 30 (thirty) days prior to the commencement of the operation of each flight. In case of any change in any flight number, the new number must be informed to the Concessionaire at least 30 (thirty) days in advance, otherwise the discount will not be applied to such flight.

ANNEX I TO THE INCENTIVE PROGRAM 2017 OF AEROPORTO INTERNACIONAL DO RIO DE JANEIRO/GALEÃO - ANTONIO CARLOS JOBIM

INCENTIVES FOR NEW OR ADDITIONAL INTERNATIONAL ROUTES

International Network Incentive - Calendar Year 2017
(valid until March/2018)
Baseline 4th week of Jan17 operation
Application / Additional international frequencies
Operation / Long Haul / Short Haul
% Landing fee discount / 100% / 100%
Period / 1 year / 1 year

ANNEX II TO THE INCENTIVE PROGRAM 2017 OF AEROPORTO INTERNACIONAL DO RIO DE JANEIRO/GALEÃO - ANTONIO CARLOS JOBIM

DEED OF ADHERENCE TO THE INCENTIVE PROGRAM 2017 - INTERNATIONAL SERVICES OF THE AEROPORTO INTERNACIONAL DO RIO DE JANEIRO/GALEÃO - ANTONIO CARLOS JOBIM

By means of this private instrument, the company [please insert name of company adhering to the Program], a [limited liability company/corporation], with head office in the City of [_], State of [_], at [please insert full address](the "Adherent"), herein represented in compliance with its bylaws, by it(s) legal representative(s) indicated below, hereby declares, for all purposes, that is aware and is in compliance with all terms, clauses and conditions of the Incentive Program 2017 - International Services of the Aeroporto Internacional Do Rio De Janeiro/Galeão - Antonio Carlos JobimdatedJuly6th, 2017 (the "Incentive Program") attached hereto, adhering, irrevocably and irreversibly, to its full content, being submitted to all rights and obligations arising therefrom. The Adherent hereby commits to perform the following new or additional internationalroute at the Airport, in order to be entitled to the discounts provided in the Incentive Program:

  • Operating carrier (ICAO): (XXX)
  • Flight number: (XX)
  • Additional frequencies per week: (additional services per week)
  • Departing from (XXX), and landing at Aeroporto Internacional Do Rio De Janeiro/Galeão - Antonio Carlos Jobim
  • Aircraft equipment and seats:(aircraft equipment and total number of seats)
  • First landing date of the additional international route: (Month, day, Year)
  • Flight schedules:

Flight schedule time (*) / At origin / At GIG
Departure time / hh:min / hh:min
Arrival time / hh:min / hh:min

(*) Flight schedules in local time

The Adherent acknowledges and agrees that the Incentive Program - International Services may be modified, excluded or revokedat any time, by means of notification in the communication channels of the Concessionária Aeroporto Rio de Janeiro S.A. thirty (30) days prior to the change, exclusion or revocation. In this hypothesis, no indemnification will be due to the Airlines, including with respect to indirect damages or loss of profit.

[place and date]

______

[name of company adhering to the Program]

[name of legal representative]

[position

1

riogaleao.com
T. 55 21 3721 9000 / Av. Vinte de Janeiro, s/nº • Prédio Anexo UAC
Via de Serviços • 21941 900
Ilha do Governador • Rio de Janeiro • RJ