Corporate Governance

Good corporate governance is essential for companies such as us, who seek long-term growth in a safe and sustainable way.

For this reason, we have adopted best market practices and are constantly innovating beyond established governance models.

As a result, in 2023 we received an important recognition: we were elected the best company in Brazil in terms of ESG and Governance by the Época Negócios 360º annual.

See some of our governance model´s strengths:

Board of Directors and Advisory committees with 100% independent members

An Internal Sustainability Committee with upper management´s participation to discuss ESG matters

Audit Committee

Board remuneration with short- long-term incentives

Whistleblower channel that is totally independent and segregated from the company

Malus clause – a mechanism that allows the partial or full reduction of long-term remuneration installments that are still in the vesting period, in the case of noncompliance with the provisions of the Company’s Code of Conduct and Ethics

To find out more about our corporate governance, please access our Annual Report or Investor Relations website.