Overview

We follow the Code of Best Practices of Corporate Governance of the Brazilian Institute of Corporate Governance (IBGC) and the Novo Mercado guidelines to organize our corporate governance. In the current model, the Board of Directors is the highest decision-making body, supported by the committees and an external audit structure. The Board of Directors is responsible for developing strategic guidelines, and the Board of Executive Officers is responsible for applying them.

The Board of Directors must be composed of professionals from various backgrounds, as the Company can benefit from different opinions, contributing to a more assertive and confident decision-making process. It is composed of professionals from different generations, fields of knowledge and experience, continuously accumulated in various operating areas and economic sectors. The current Board members have extensive experience in various sectors, such as Transportation and Logistics, Pulp and Paper, Chemical, Metallurgy, Port, Hospital, Banking, Construction, Retail, Oil & Gas, and Electricity.

In addition, the diversity of ideas is assured by different academic and professional backgrounds: entrepreneurship, economics, business administration, accounting, consultancy, corporate, tax and the third sector. Thus, the organization seeks to provide a balance between the stakeholders’ expectations and the continuous strengthening of organizational skills.