Last updated: September 25, 2026

  1. Acceptance of the Terms

By accessing or using the website lapincapital.com (the “Website”), the user declares that they have read, understood, and fully accepted these Terms of Use. If the user does not agree with any provision, they must stop using the Website immediately.

  1. About Lapin Capital and the Website

The Website is maintained by Lapin Capital LTDA, headquartered at Av. Almirante Tamandaré, 33, Sala 03, Itaquanduba, Ilhabela/SP, ZIP Code 11634-000, Brazil (“Lapin Capital”). The Website is for institutional purposes: to present Lapin Capital, its investment philosophy, its team, and its contact channels.

  1. Informational Nature: Not Investment Advice

All content on the Website is for informational purposes only, including texts, reports, letters, analyses, and materials in the Research section. No information published here constitutes an offer, a solicitation to buy or sell securities, an investment recommendation, or advice of any kind.

Opinions reflect Lapin Capital’s view as of the date of publication and may change without prior notice. Before making any investment decision, the user should assess their own profile, objectives, and risk tolerance and, if necessary, consult a qualified professional.

  1. Past Performance and Risks

Past performance is not a guarantee of future results. Equity investments are subject to risks, including the partial or total loss of the invested capital, and are not covered by the Brazilian Credit Guarantee Fund (Fundo Garantidor de Créditos – FGC).

Unless otherwise stated, any performance data that may be disclosed on the Website is gross of taxes. Such data should be read together with the official documents of the respective investment vehicle.

  1. Permitted Use and Prohibited Conduct

The user agrees to use the Website lawfully, in accordance with these Terms and applicable law. The following is prohibited:

  1. Intellectual Property

All content on the Website belongs to Lapin Capital or is used with proper authorization, and is protected by copyright and industrial property laws. This includes trademarks, logos, texts, images, reports, and layout. Access to the Website does not grant the user any right to use such content. Quoting excerpts is permitted, provided the source is cited.

  1. Limitation of Liability

Lapin Capital strives to keep the information on the Website accurate and up to date, but does not guarantee its accuracy, completeness, or timeliness. Lapin Capital is not responsible for:

  1. Links to Third-Party Websites

The Website may contain links to third-party websites, such as LinkedIn and WhatsApp. These links are provided for convenience only. Lapin Capital does not control and is not responsible for the content, policies, or practices of these websites.

  1. Privacy and Personal Data

The processing of personal data collected on the Website, for example through contact forms or cookies, complies with the Brazilian General Data Protection Law (Law No. 13,709/2018 – LGPD) and is described in our [Privacy Policy].

  1. Changes to the Terms

Lapin Capital may change these Terms of Use at any time, and the new version takes effect upon its publication on the Website. We recommend that users review this page periodically.

  1. Governing Law and Jurisdiction

These Terms are governed by the laws of the Federative Republic of Brazil. The courts of the Judicial District of São Paulo/SP are chosen to settle any disputes arising from these Terms, to the exclusion of any other, however privileged it may be.

  1. Contact

Questions about these Terms of Use may be sent to contato@lapincapital.com.

Contato

A Lapin Capital é a marca comercial sob a qual a LAPIN CAPITAL LTDA. oferece seus serviços. Os serviços de consultoria de valores mobiliários são prestados sob a licença da MSX Invest, e os serviços de gestão de recursos sob a licença da KRIVO CAPITAL GESTÃO DE RECURSOS FINANCEIROS, ambas devidamente autorizadas pela CVM. As informações desta página têm caráter exclusivamente informativo e não constituem oferta, recomendação, análise ou consultoria de investimento, nem solicitação de aplicação de recursos.

Rentabilidade passada não representa garantia de rentabilidade futura. Investimentos em renda variável envolvem risco de perda, inclusive do capital aplicado. Fundos e clubes de investimento não contam com garantia do administrador, do gestor ou do Fundo Garantidor de Créditos (FGC). Leia o regulamento, o estatuto e a lâmina antes de investir.

© 2026 Lapin Capital. Todos os direitos reservados.

Lapin Capital is the trade name under which LAPIN CAPITAL LTDA. offers its services. Securities advisory services are provided under the license of MSX Invest, and asset management services under the license of KRIVO CAPITAL GESTÃO DE RECURSOS FINANCEIROS, both duly authorized by the Brazilian Securities and Exchange Commission (CVM). The information on this page is for informational purposes only and does not constitute an offer, recommendation, analysis, or investment advice, nor a solicitation to invest.

Past performance is not a guarantee of future results. Equity investments involve risk of loss, including loss of the principal invested. Investment funds and investment clubs are not guaranteed by the administrator, the manager, or the Credit Guarantee Fund (FGC). Read the fund regulations, the bylaws, and the fact sheet before investing.

© 2026 Lapin Capital. All rights reserved.