dining format developed in 2005 and is one of the largest casual dining banners in Brazil. Madero Container is a fast-casual format developed in 2014, which offers a burger-focused subset of Madero Steakhouse’s menu. Jeronimo is the company’s newest fast-casual concept which was launched in 2017 and offers a high-quality, burger-focused menu. Madero’s vertically-integrated business model, which includes a state-of-the-art central kitchen and full logistics capabilities, including an owned fleet of temperature-controlled trucks, enables the company to focus on providing high-quality food at affordable prices across every major region in Brazil. The company employs approximately 6,000 people across Brazil.