Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 43

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 43
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 high risk of corruption and we are subject to anti-corruption, anti-bribery anti-money laundering and sanctions laws and regulations, including, but not limited to, the Brazilian Federal Law No. 12,846/2013 (the “ Clean Company Act”), the Brazilian Federal Law No. 9,613/1998, the United States Foreign Corrupt Practices Act of 1977 (the “ FCPA”), and the Bribery Act 2010 of the United Kingdom (the “ Bribery Act”), as well as the Chilean Laws No. 19,913 and No. 20,393, and the Chilean Criminal Code. Additionally, we are subject to the Colombian Laws No. 1474/2011 (Anti-Corruption Statute) and No. 1778/2016, which establish corporate liability for transnational bribery, the Uruguayan Anti-Bribery Law (Law No. 17,060), and the Cayman Islands Anti-Corruption Law, the Hong Kong Prevention of Bribery Ordinance (Cap. 201), and the United Arab Emirates (UAE) Federal Anti-Bribery and Corruption Laws, which include Federal Law No. 3 of 1987 (the UAE Penal Code) and recent amendments under Federal Law No. 31 of 2021 strengthening corporate liability for corruption-related offenses. Each of the Clean Company Act, the FCPA, the Bribery Act and the other laws describe above imposes liability against companies who engage in bribery of government officials, either directly or through intermediaries. We have a compliance program that is designed to manage the risks of doing business in light of these new and existing legal and regulatory requirements. If we, our direct or indirect shareholders, directors, officers, employees and other third-parties are not in compliance with anti-corruption, anti-bribery, anti-money laundering and sanctions laws and regulations we may be subject to criminal liability, administrative and civil lawsuits, significant fines and penalties, forfeiture of significant assets, as well as reputational harm to us or to our portfolio companies.

The military actions undertaken by Russian military forces against Ukraine commencing in February 2022 resulted in the imposition of financial and economic sanctions by the European Union, the U. S., the United Kingdom and other countries and organizations against officials, individuals, regions, and industries due to the Russian-Ukrainian War. Such sanctions, together with any additional measure that may be adopted in connection with this situation, may, in various ways,