“Leasing is a financial instrument enabling the utilization of a given fixed

asset without possessing its ownership.”

LESSEE:
The party that purchases the usage rights of the equipment in leasing transactions against the
rentals determined in advance with the contract, that is the buyer of the owner.

LESSOR:
The party that possesses the legal ownership of the equipment subject to leasing and that
transfers the usage of the equipment to the Lessee against the rentals determined in advance with
a contract that is the intermediary bank involved.