Corporate Governance

At Itaúsa S.A., Patrícia has been a Member of the Board of Directors (independent member), Coordinator of the Governance and Personnel Committee and Member of the Strategy and New Business Committee since May 2021, and a Member of the Related Parties Committee since August 2021 and of the Audit Committee since August 2022.

She is a Founding Partner, Supervisor and Member of the Investment Committee of Unbox Capital, an investment company that supports the growth of companies by establishing partnerships with entrepreneurs and asset managers.

She has more than 20 years of experience in Investment Banking, having worked in the Mergers & Acquisitions team of J.P. Morgan in New York and São Paulo. She was Head of Investment Banking and Corporate Banking at J.P. Morgan in Brazil, responsible for all relationships and transactions with Brazilian and multinational companies. During her career, she provided advisory services to companies in strategic transactions of mergers, acquisitions and divestments and in capitalizations through debt surveys and IPOs.

She is the Officer of the Mulheres do Brasil (Women of Brazil) Group and was nominated twice for the “Mulheres de Valor” (Valuable Women) award of the Valor newspaper. She serves on the Council of the Program for Finance Studies of the Columbia Business School and on the Columbia University Council in Brazil.

She holds a Bachelor’s degree in Economics from Pontíficia Universidade Católica do Rio de Janeiro, Brazil, and an MBA from Columbia Business School (class of 1995).

At Itaúsa, Edson has been a Member of the Board of Directors (non-executive member) since May 2021, having served as an Alternate Member of the Board of Directors from May 2019 to May 2021, Coordinator of the Related Parties Committee since August 2021 and of the Audit Committee since August 2002 and a Member of the Governance and Personnel, and Sustainability and Risks committees since May 2021.

At Fundação Antonio e Helena Zerrenner Instituição Nacional de Beneficência, he has been a Member of the Board of Directors since May 2018, Executive Officer since July 2012, Coordinator of the Ethics Committee since May 2020 and Member since December 2016, Coordinator of the Governance in Data Protection Committee since November 2020, Coordinator of the Finance and Investments Committee since February 2019 and was a Member of the Advisory Committee from December 2004 to August 2012.

At AMBEV S.A. he was Health and Benefits Vice President from July 2019 to March 2020, Benefits Officer from January 2015 to June 2019, Corporate Relations Officer from June 2011 to December 2014 and Strategic Planning Manager from May 2000 to December 2003; Global Finance and Excise Tax Vice President at Anheuser-Busch InBev from 2009 to 2011 and Member of the Fiscal Council of Instituto de Previdência Privada da AmBev (Ambev Private Pension Institute) – IAPP from January 2004 to July 2007.

He graduated in both Economics and Business Administration from Fundação Armando Álvares Penteado (FAAP) in 1985 and 1986, respectively, and earned a Master’s degree in Business Administration from Universidade de São Paulo (FIA/USP) in 1998.

At Itaúsa S.A., Ricardo Setubal has been an Alternate Member of the Board of Directors (executive member) since April 2009, Executive Director Vice President since May 2022 and was Director Vice President from May 2021 to April 2022. He has also been a Member of the Governance and Personnel Committee since May 2021 and of the Audit Committee since August 2022, Acting Co-Coordinator of the Sustainability and Risks Committee since August 2022 and Member since May 2021, Member of the Audit and Risks Council since April 2017, Member of the Capital Markets Council since May 2009 and of the Finance, Investments, and Personnel and Ethics councils since April 2017, Member of the Audit and Risks Council since April 2017 and of the Corporate Governance Council since July 2020, Member of the Sustainability Council since June 2019 and Member of the Investment Policies Committee from August 2008 to May 2010.

At Dexco S.A., he has been a Member of the Board of Directors since April 2008 and was Vice Chairman of the Board of Directors from April 2009 to April 2017. He has also been a Member of the Sustainability Committee since April 2018, Member of the Disclosure and Trading Committee since May 2020, and he was a Member of the Personnel, Governance and Nomination Committee from November 2009 to May 2020 and a Member of the Audit and Risk Management Committee from November 2009 to March 2022.

At Itautec S.A. – Itautec Group, he was Chairman of the Board of Directors from February 2010 to August 2019, Alternate Member from April 2009 to January 2010 and Effective Member from April 1999 to April 2008. He was also a Member of the Disclosure Committee from September 2010 to August 2019, Executive Director Vice President from April 1999 to January 2010 and Member of the Audit and Risk Management, Strategy, and Personnel and Governance committees from September 2010 to January 2015.

At the Brazilian Institute of Corporate Governance (IBGC), he was a Member of the Board of Directors from March 2014 to March 2019, Vice Chairman from March 2016 to March 2018 and Chairman from March 2018 to March 2019.

He graduated in Law from Universidade de São Paulo (USP) in 1988 and earned a Bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) in 1984 and a specialization (PMD 69) from Harvard University in 1995.

At Itaúsa S.A., Vicente has been a Member of the Board of Directors (independent member) since May 2021, Coordinator of the Strategy and New Business Committee since May 2021, Member of the Governance and Personnel Committee since May 2021 and Member of the Related Parties Committee since August 2021.

Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021. Member and Vice Chairman of the Board of Directors and Member of the Personnel and ESG committees of CCR S.A. since September 2022 and Member of the Board of Directors of Randon S.A. Implementos e Participações since April 2002 . He was an Effective Member of the Board of Directors of Liquigás Distribuidora S.A. from May 2021 to December 2022.

At McKinsey & Company Inc., he has been an Emeritus Senior Partner since February 2022 and was Senior Partner from 2008 to 2022 and a Leader responsible for the Practice of B2B Companies for Latin America from 2018 to 2021. He was also a Member of the Global Committee of Election of Partners from amongst External Candidates from 2017 to 2022, Member of the Global Committee of Risks Associated with Customer Service from 2016 to 2022, having worked as the partner responsible for the Brazilian Office from 2011 to 2018, Leader responsible for the Practice of Advanced Industries in Latin America from 2012 to 2017, Member of the global task force in charge of improving the firm’s governance from 2015 to 2016, Member of the Global Committee of Partner Assessment from 2009 to 2014, Member of the global task force in charge of reviewing the firm’s values from 2011 to 2012, Leader responsible for the Practice of Operations in Latin America from 2010 to 2012, Partner from 2002 to 2008, Associate Partner and Project Manager and Associate from 1997 to 2002.

Member of the Higher Board of Fundação José Luiz Egydio Setubal since February 2023; Member of the Advisory Board of Generation Brasil since 2020; Member of the Board of the São Paulo Art Museum (MASP) since 2015; Member of the Advisory Board of Brazil’s Wharton Alumni Club since 2016.

He held many positions, including Head of Deep Waters Equipment Development at Petróleo Brasileiro S.A. (Petrobras) from 1985 to 1997 and Member of the Board of the Brazil-Portugal Chamber of Commerce between 2015 and 2022.

He graduated in Civil Engineering from the Universidade Federal de Minas Gerais in 1985, in Petroleum Engineering from Petróleo Brasileiro S.A in 1986 and earned a Master’s degree in Finance from The Wharton School, University of Pennsylvania in 1997.

At Itaúsa S.A., Rodolfo has been a Member of the Board of Directors (executive member) since May 2011 and was an Alternate Member from April 2009 to May 2011. He has also been Executive Director Vice President since May 2022 and was Director Vice President from May 2015 to April 2022.

At Dexco S.A., he has been a Member of the Board of Directors since August 2009, Member of the Personnel, Governance and Nomination Committee since May 2020, Chairman of the Sustainability Committee since May 2019 and a Member since November 2009. He was a Member of the Audit and Risk Management Committee from November 2009 to March 2022 and has been a Member of the Finance Committee since December 2021.

At Alpargatas S.A., he has been a Member of the Board of Directors since September 2017, Member of the Strategy and Personnel committees since October 2017 and Member of the Statutory Audit Committee since April 2018. Alternate Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021, having worked as Effective Member from December 2020 to April 2021; Member of the Board of Directors of Aegea Saneamento e Participações S.A. since July 2021; Managing Director of Rudric Ith Participações Ltda. since April 2005.

He has also been a Member of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) since May 2019; Member of the Board of Directors of Unibanco Institute since April 2014; Member of the Advisory and Fiscal Council of the PDR Institute since February 2014; Chairman of the Advisory Board of Associação Pró-Dança (Pro Dance Association) since September 2019; Member of the Advisory Board of Sociedade de Cultura Artística (Artistic Culture Company) since June 2020; Member of the Sustainability Committee of the Brazilian Institute of Corporate Governance (IBGC) since August 2019; Member of the Board of Directors of the Institute for Studies of Industrial Development (IEDI) since August 2015; Member of the Governance Board of Todos pela Educação (All for Education) since April 2019; Member of the Fiscal Council of the Yandeh Institute since August 2017; Member of the Advisory Board of the Brazilian Tree Institute (IBÁ) since December 2017; Member of the Young Presidents Organization - YPO/WPO since December 2011; CEO of Associação Comunitária Despertar (Awake Community Association) since April 2020; Member of the Board of Directors of Todavia Livros since March 2018; Member of the Board of Directors of Tempo Livre PTE Ltd (“Cariuma”) since December 2017; Member of the Board and of the Impact Committee of Instituto Alicerce Educação (Education Foundation Institute) since 2021; and Member of the Board of Directors of Livraria Dois Pontos Comércio Eletrônico S.A. since March 2021.

He holds a Bachelor’s degree in Business Administration from Escola de Administração de Empresas de São Paulo – EASP/FG – Fundação Getulio Vargas – August 1994 to June 1998. Master’s degree in Economics and Philosophy from the London School of Economics and Political Science (LSE) – September 2001. Master’s degree in Development Studies from the London School of Economics and Political Science (LSE) – September 2002.

At Itaúsa, Alfredo has been CEO and Investor Relations Officer S.A. since 2015 and Member of the Board of Directors since 2008 (executive member).

He has been Chairman of the Board of Directors of Dexco S.A. since 2021 and a Member since April 2015 and Member of the Board of Directors of Itaú Unibanco since 2007, Alpargatas since 2017 and Copa Energia since 2020.

Member of the Superior Committee for Guidance, Nomination and Ethics of the Brazilian Institute of Investor Relations (IBRI) since 2010, having been the Chairman of its Board of Directors from 2000 to 2003. He served as Chairman of the National Association of Investment Banks from 2003 to 2008. He was a Member of the Board of Directors of the Brazilian Association of Listed Companies (ABRASCA) from 1999 to 2017.

He is the Chairman of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) - FIEC. He has been the Chairman of the Decision-Making Council of the São Paulo Art Museum (MASP) since 2015, Member of the Board of Directors of Fundação Bienal de São Paulo since 2009 and Member of the Board of Directors of the São Paulo Museum of Modern Art (MAM) and of the Contemporary Art Institute (IAC).

He holds Bachelor’s and Postgraduate degrees in Business Administration from Fundação Getulio Vargas (FGV), São Paulo, Brazil, with specialization from INSEAD, Fontainebleau, France.

At Itaúsa, Henri has been Chairman of the Board of Directors (non-executive member) since April 2017 and Member of the Board of Directors since May 2015, Permanent Member of the Strategy and New Business, Governance and Personnel, and Sustainability and Risks committees since May 2021 and Member of the Audit Committee since August 2022. He was a Member of the Investment Policies and Accounting Policies committees from August 2008 to May 2011, Coordinator of the Finance Council and Member of the Investment, Personnel and Ethics, and Audit and Risks councils from April 2017 to May 2021, Member of the Capital Markets Council from April to May 2021, Member of the Corporate Governance Council from July 2020 to May 2021, Director Vice President from April 2009 to May 2015, Investor Relations Officer from 2009 to May 2015 and from 1995 to April 2008 and Executive Officer from December 1984 to April 2008.

He has been a Member of the Board of Directors of Nova Transportadora do Sudeste S.A – NTS since April 2017 and Chairman of the Audit Committee of Copa Energia Distribuidora de Gás S.A. since February 2021.

He worked as Coordinator of the Finance Committee of Alpargatas S.A. from October 2017 to February 2023. At Dexco S.A. he was a Member of the Board of Directors and of the Audit and Risk Management Committee from April 2013 to April 2016, Member of the Disclosure and Trading Committee from November 2009 to April 2016, CEO from August 2009 to April 2013 and General Director from April to August 2009.

At Itautec S.A. – Itautec Group, he was a Member of the Board of Directors and of the Disclosure Committee from April 2013 to August 2019, CEO from April 2013 to April 2014 and Member of the Audit and Risk Management, Strategy, Personnel and Governance committees from April 2014 to January 2015.

At Itaú Unibanco Holding S.A., he was a Member of the Board of Directors from March 2003 to April 2016, Member of the Strategy and Nomination and Corporate Governance committees from June 2009 to April 2016, Member of the International Advisory Board from March 2003 to April 2009, Member of the Disclosure and Trading Committee from May 2005 to April 2009, Senior Vice President from March 2003 to May 2008 and Member of the Risk and Capital Management and Accounting Policies committees from May 2008 to April 2009.

He has been a member of the Decision-Making Council of Hospital Infantil Sabará since February 2003, Member of the Fiscal Council of the Alana Institute since April 2002, Member of the Advisory Board of HIG Brasil Ass. De Invest. Ltda. since April 2015 and Member of the Board of Directors of Fundação José Luiz Setubal from October 2005 to February 2023.

He graduated in Mechanical Engineering from Universidade Mackenzie in 1968 and holds a Postgraduate degree in Finance from Fundação Getulio Vargas.

At Itaúsa, Edson has been a Member of the Board of Directors (non-executive member) since May 2021, having served as an Alternate Member of the Board of Directors from May 2019 to May 2021, Coordinator of the Related Parties Committee since August 2021 and of the Audit Committee since August 2002 and a Member of the Governance and Personnel, and Sustainability and Risks committees since May 2021.

At Fundação Antonio e Helena Zerrenner Instituição Nacional de Beneficência, he has been a Member of the Board of Directors since May 2018, Executive Officer since July 2012, Coordinator of the Ethics Committee since May 2020 and Member since December 2016, Coordinator of the Governance in Data Protection Committee since November 2020, Coordinator of the Finance and Investments Committee since February 2019 and was a Member of the Advisory Committee from December 2004 to August 2012.

At AMBEV S.A. he was Health and Benefits Vice President from July 2019 to March 2020, Benefits Officer from January 2015 to June 2019, Corporate Relations Officer from June 2011 to December 2014 and Strategic Planning Manager from May 2000 to December 2003; Global Finance and Excise Tax Vice President at Anheuser-Busch InBev from 2009 to 2011 and Member of the Fiscal Council of Instituto de Previdência Privada da AmBev (Ambev Private Pension Institute) – IAPP from January 2004 to July 2007.

He graduated in both Economics and Business Administration from Fundação Armando Álvares Penteado (FAAP) in 1985 and 1986, respectively, and earned a Master’s degree in Business Administration from Universidade de São Paulo (FIA/USP) in 1998.

At Itaúsa, Ana Lúcia has been Vice Chairwoman of the Board of Directors (non-executive member) since 2017, Member of the Sustainability and Risks Committee since May 2021, Member of the Sustainability Council since June 2019, and Member of the Finance Council from May 2017 to August 2018.

She has been a Member of the Board of Directors of the Itaú Unibanco Group since 2018 and has held many positions at the Group, including Member of the Board of Directors (1996 to 2001), Member of the Personnel, Nomination and Corporate Governance committees since 2018 and Member of the Environmental, Social and Climate Committee since 2019 (previously called Social Responsibility Committee).

She has also been an Alternate Member of the Board of Directors of IUPAR – Itaú Unibanco Participações S.A. since 2018; Vice Chairwoman of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) since 2020; Member of the Advisory Board of Itaú Social since 2017; Member of the Advisory Board of Itaú Cultural since 1995; Member of the Executive Board of Itaú Cultural since 2017; Co-Founder of AlanaLab (Maria Farinha Filmes and Flow) since 2014; Founding Chairwoman of the Alana Foundation since 2012; CEO of the Alana Institute since 2002; Member of the Advisory Board of the Brincante Institute since 2001 and Ashoka Fellow since 2010.

Since 2018, she has been the first representative from Latin America on the Innovation Board of XPrize, a non-profit organization set up by Peter Diamandis, who designs and manages global competitions to encourage the development of new technologies that could help solve some of the major challenges of humankind. Mrs. Villela is a Member of the Board of Participant, founded by social entrepreneur Jeff Skoll, which is a leading organization in media and entertainment that inspires and engages its audience towards social change. She has also been a Member of the Stanford Down Syndrome Research Center Advisory Board since January 2022 and of the UCLA Lab School Board of Advisors since May 2022.

She was a Member of the Advisory Board of the Akatu Institute (2013 to 2017), Member of the Advisory Board of the Fairplay Organization (2015 to 2017), Member of the Advisory Board of Conectas (2003 to 2018), Member of the Sustainability Committee of Dexco S.A. (2015 to 2018) and Alternate Member of the Board of Directors (2018 to 2020).

She holds a Bachelor’s degree in Education with a qualification in School Administration and a Master’s degree in Educational Psychology, both from the Pontifícia Universidade Católica de São Paulo (PUC-SP), São Paulo, Brazil. She also took a graduate course in Business Administration at Fundação Armando Álvares Penteado (FAAP), São Paulo, Brazil (incomplete) and a postgraduate course in Third Sector Administration at Fundação Getulio Vargas (FGV), São Paulo Brazil (incomplete).

Marcelo is a chemical engineer with a master's degree in renewable energy.

He has already worked at the NGO Greenpeace, where he worked for 24 years in international positions and as executive director of the organization in Brazil.

He is on the board of Natura Finance – an international non-governmental organization that works to align global finance.

He is currently chairman of the board of the WRI (World Resources Institute) Brazil, a global research institute that works on the climate cause.

He is a member of the Sustainability Committee at Dexco S.A. and also at Marfrig.

At Itaúsa S.A., he came to lead Instituto Itaúsa and consolidate our ESG strategy, as Head of Sustainability.

At Itaúsa S.A., Ricardo Setubal has been an Alternate Member of the Board of Directors (executive member) since April 2009, Executive Director Vice President since May 2022 and was Director Vice President from May 2021 to April 2022. He has also been a Member of the Governance and Personnel Committee since May 2021 and of the Audit Committee since August 2022, Acting Co-Coordinator of the Sustainability and Risks Committee since August 2022 and Member since May 2021, Member of the Audit and Risks Council since April 2017, Member of the Capital Markets Council since May 2009 and of the Finance, Investments, and Personnel and Ethics councils since April 2017, Member of the Audit and Risks Council since April 2017 and of the Corporate Governance Council since July 2020, Member of the Sustainability Council since June 2019 and Member of the Investment Policies Committee from August 2008 to May 2010.

At Dexco S.A., he has been a Member of the Board of Directors since April 2008 and was Vice Chairman of the Board of Directors from April 2009 to April 2017. He has also been a Member of the Sustainability Committee since April 2018, Member of the Disclosure and Trading Committee since May 2020, and he was a Member of the Personnel, Governance and Nomination Committee from November 2009 to May 2020 and a Member of the Audit and Risk Management Committee from November 2009 to March 2022.

At Itautec S.A. – Itautec Group, he was Chairman of the Board of Directors from February 2010 to August 2019, Alternate Member from April 2009 to January 2010 and Effective Member from April 1999 to April 2008. He was also a Member of the Disclosure Committee from September 2010 to August 2019, Executive Director Vice President from April 1999 to January 2010 and Member of the Audit and Risk Management, Strategy, and Personnel and Governance committees from September 2010 to January 2015.

At the Brazilian Institute of Corporate Governance (IBGC), he was a Member of the Board of Directors from March 2014 to March 2019, Vice Chairman from March 2016 to March 2018 and Chairman from March 2018 to March 2019.

He graduated in Law from Universidade de São Paulo (USP) in 1988 and earned a Bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) in 1984 and a specialization (PMD 69) from Harvard University in 1995.

At Itaúsa S.A., Rodolfo has been a Member of the Board of Directors (executive member) since May 2011 and was an Alternate Member from April 2009 to May 2011. He has also been Executive Director Vice President since May 2022 and was Director Vice President from May 2015 to April 2022.

At Dexco S.A., he has been a Member of the Board of Directors since August 2009, Member of the Personnel, Governance and Nomination Committee since May 2020, Chairman of the Sustainability Committee since May 2019 and a Member since November 2009. He was a Member of the Audit and Risk Management Committee from November 2009 to March 2022 and has been a Member of the Finance Committee since December 2021.

At Alpargatas S.A., he has been a Member of the Board of Directors since September 2017, Member of the Strategy and Personnel committees since October 2017 and Member of the Statutory Audit Committee since April 2018. Alternate Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021, having worked as Effective Member from December 2020 to April 2021; Member of the Board of Directors of Aegea Saneamento e Participações S.A. since July 2021; Managing Director of Rudric Ith Participações Ltda. since April 2005.

He has also been a Member of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) since May 2019; Member of the Board of Directors of Unibanco Institute since April 2014; Member of the Advisory and Fiscal Council of the PDR Institute since February 2014; Chairman of the Advisory Board of Associação Pró-Dança (Pro Dance Association) since September 2019; Member of the Advisory Board of Sociedade de Cultura Artística (Artistic Culture Company) since June 2020; Member of the Sustainability Committee of the Brazilian Institute of Corporate Governance (IBGC) since August 2019; Member of the Board of Directors of the Institute for Studies of Industrial Development (IEDI) since August 2015; Member of the Governance Board of Todos pela Educação (All for Education) since April 2019; Member of the Fiscal Council of the Yandeh Institute since August 2017; Member of the Advisory Board of the Brazilian Tree Institute (IBÁ) since December 2017; Member of the Young Presidents Organization - YPO/WPO since December 2011; CEO of Associação Comunitária Despertar (Awake Community Association) since April 2020; Member of the Board of Directors of Todavia Livros since March 2018; Member of the Board of Directors of Tempo Livre PTE Ltd (“Cariuma”) since December 2017; Member of the Board and of the Impact Committee of Instituto Alicerce Educação (Education Foundation Institute) since 2021; and Member of the Board of Directors of Livraria Dois Pontos Comércio Eletrônico S.A. since March 2021.

He holds a Bachelor’s degree in Business Administration from Escola de Administração de Empresas de São Paulo – EASP/FG – Fundação Getulio Vargas – August 1994 to June 1998. Master’s degree in Economics and Philosophy from the London School of Economics and Political Science (LSE) – September 2001. Master’s degree in Development Studies from the London School of Economics and Political Science (LSE) – September 2002.

At Itaúsa, Alfredo has been CEO and Investor Relations Officer S.A. since 2015 and Member of the Board of Directors since 2008 (executive member).

He has been Chairman of the Board of Directors of Dexco S.A. since 2021 and a Member since April 2015 and Member of the Board of Directors of Itaú Unibanco since 2007, Alpargatas since 2017 and Copa Energia since 2020.

Member of the Superior Committee for Guidance, Nomination and Ethics of the Brazilian Institute of Investor Relations (IBRI) since 2010, having been the Chairman of its Board of Directors from 2000 to 2003. He served as Chairman of the National Association of Investment Banks from 2003 to 2008. He was a Member of the Board of Directors of the Brazilian Association of Listed Companies (ABRASCA) from 1999 to 2017.

He is the Chairman of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) - FIEC. He has been the Chairman of the Decision-Making Council of the São Paulo Art Museum (MASP) since 2015, Member of the Board of Directors of Fundação Bienal de São Paulo since 2009 and Member of the Board of Directors of the São Paulo Museum of Modern Art (MAM) and of the Contemporary Art Institute (IAC).

He holds Bachelor’s and Postgraduate degrees in Business Administration from Fundação Getulio Vargas (FGV), São Paulo, Brazil, with specialization from INSEAD, Fontainebleau, France.

At Itaúsa, Henri has been Chairman of the Board of Directors (non-executive member) since April 2017 and Member of the Board of Directors since May 2015, Permanent Member of the Strategy and New Business, Governance and Personnel, and Sustainability and Risks committees since May 2021 and Member of the Audit Committee since August 2022. He was a Member of the Investment Policies and Accounting Policies committees from August 2008 to May 2011, Coordinator of the Finance Council and Member of the Investment, Personnel and Ethics, and Audit and Risks councils from April 2017 to May 2021, Member of the Capital Markets Council from April to May 2021, Member of the Corporate Governance Council from July 2020 to May 2021, Director Vice President from April 2009 to May 2015, Investor Relations Officer from 2009 to May 2015 and from 1995 to April 2008 and Executive Officer from December 1984 to April 2008.

He has been a Member of the Board of Directors of Nova Transportadora do Sudeste S.A – NTS since April 2017 and Chairman of the Audit Committee of Copa Energia Distribuidora de Gás S.A. since February 2021.

He worked as Coordinator of the Finance Committee of Alpargatas S.A. from October 2017 to February 2023. At Dexco S.A. he was a Member of the Board of Directors and of the Audit and Risk Management Committee from April 2013 to April 2016, Member of the Disclosure and Trading Committee from November 2009 to April 2016, CEO from August 2009 to April 2013 and General Director from April to August 2009.

At Itautec S.A. – Itautec Group, he was a Member of the Board of Directors and of the Disclosure Committee from April 2013 to August 2019, CEO from April 2013 to April 2014 and Member of the Audit and Risk Management, Strategy, Personnel and Governance committees from April 2014 to January 2015.

At Itaú Unibanco Holding S.A., he was a Member of the Board of Directors from March 2003 to April 2016, Member of the Strategy and Nomination and Corporate Governance committees from June 2009 to April 2016, Member of the International Advisory Board from March 2003 to April 2009, Member of the Disclosure and Trading Committee from May 2005 to April 2009, Senior Vice President from March 2003 to May 2008 and Member of the Risk and Capital Management and Accounting Policies committees from May 2008 to April 2009.

He has been a member of the Decision-Making Council of Hospital Infantil Sabará since February 2003, Member of the Fiscal Council of the Alana Institute since April 2002, Member of the Advisory Board of HIG Brasil Ass. De Invest. Ltda. since April 2015 and Member of the Board of Directors of Fundação José Luiz Setubal from October 2005 to February 2023.

He graduated in Mechanical Engineering from Universidade Mackenzie in 1968 and holds a Postgraduate degree in Finance from Fundação Getulio Vargas.

At Itaúsa S.A., Vicente has been a Member of the Board of Directors (independent member) since May 2021, Coordinator of the Strategy and New Business Committee since May 2021, Member of the Governance and Personnel Committee since May 2021 and Member of the Related Parties Committee since August 2021.

Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021. Member and Vice Chairman of the Board of Directors and Member of the Personnel and ESG committees of CCR S.A. since September 2022 and Member of the Board of Directors of Randon S.A. Implementos e Participações since April 2002 . He was an Effective Member of the Board of Directors of Liquigás Distribuidora S.A. from May 2021 to December 2022.

At McKinsey & Company Inc., he has been an Emeritus Senior Partner since February 2022 and was Senior Partner from 2008 to 2022 and a Leader responsible for the Practice of B2B Companies for Latin America from 2018 to 2021. He was also a Member of the Global Committee of Election of Partners from amongst External Candidates from 2017 to 2022, Member of the Global Committee of Risks Associated with Customer Service from 2016 to 2022, having worked as the partner responsible for the Brazilian Office from 2011 to 2018, Leader responsible for the Practice of Advanced Industries in Latin America from 2012 to 2017, Member of the global task force in charge of improving the firm’s governance from 2015 to 2016, Member of the Global Committee of Partner Assessment from 2009 to 2014, Member of the global task force in charge of reviewing the firm’s values from 2011 to 2012, Leader responsible for the Practice of Operations in Latin America from 2010 to 2012, Partner from 2002 to 2008, Associate Partner and Project Manager and Associate from 1997 to 2002.

Member of the Higher Board of Fundação José Luiz Egydio Setubal since February 2023; Member of the Advisory Board of Generation Brasil since 2020; Member of the Board of the São Paulo Art Museum (MASP) since 2015; Member of the Advisory Board of Brazil’s Wharton Alumni Club since 2016.

He held many positions, including Head of Deep Waters Equipment Development at Petróleo Brasileiro S.A. (Petrobras) from 1985 to 1997 and Member of the Board of the Brazil-Portugal Chamber of Commerce between 2015 and 2022.

He graduated in Civil Engineering from the Universidade Federal de Minas Gerais in 1985, in Petroleum Engineering from Petróleo Brasileiro S.A in 1986 and earned a Master’s degree in Finance from The Wharton School, University of Pennsylvania in 1997.

At Itaúsa S.A., Patrícia has been a Member of the Board of Directors (independent member), Coordinator of the Governance and Personnel Committee and Member of the Strategy and New Business Committee since May 2021, and a Member of the Related Parties Committee since August 2021 and of the Audit Committee since August 2022.

She is a Founding Partner, Supervisor and Member of the Investment Committee of Unbox Capital, an investment company that supports the growth of companies by establishing partnerships with entrepreneurs and asset managers.

She has more than 20 years of experience in Investment Banking, having worked in the Mergers & Acquisitions team of J.P. Morgan in New York and São Paulo. She was Head of Investment Banking and Corporate Banking at J.P. Morgan in Brazil, responsible for all relationships and transactions with Brazilian and multinational companies. During her career, she provided advisory services to companies in strategic transactions of mergers, acquisitions and divestments and in capitalizations through debt surveys and IPOs.

She is the Officer of the Mulheres do Brasil (Women of Brazil) Group and was nominated twice for the “Mulheres de Valor” (Valuable Women) award of the Valor newspaper. She serves on the Council of the Program for Finance Studies of the Columbia Business School and on the Columbia University Council in Brazil.

She holds a Bachelor’s degree in Economics from Pontíficia Universidade Católica do Rio de Janeiro, Brazil, and an MBA from Columbia Business School (class of 1995).

Raul has been Chairman of the Board of Directors of Aché Laboratórios Farmacêuticos since September 2018.

In May 2015, he became an Independent Member of the Board of Directors of Duratex S.A. (current Dexco S.A.) and his term of office will end in April 2023. He will not be reelected. He has been an Independent Member of the Board of Directors of Embraer since April 2017 and he is currently its Vice Chairman. He has been an Independent Member of the Advisory Board of China Three Gorges Brasil since January 2021.He has been an Independent Member of the Board of Directors of Fleury S.A. since May 2021 and his term of office will end in April 2023. He will not be reelected.

He is also a Senior Advisor at the following companies: RGE Pte Ltd in Singapore and Bracell SP Celulose Ltda. since March 2020 and Macquarie Serviços Agrícolas Participações Ltda. since January 2020. He was a Member of the Board of Hospital Sírio Libanês from 2015 to 2020.

From January 2014 to April 2019, he was the Chairman of the Board of Directors of Votorantim S.A., from December 2009 to December 2018, he was a Member of the Board of Directors of Fibria Celulose S.A. and from January 2010 to December 2013, he served as CEO of Votorantim Industrial and led the cement, ore and mining, pulp, steel and iron, orange juice and energy departments of the Group. Between 2004 and 2010, he was the General Director of the holding company.

Before that, between 1995 and 2003, he was the CEO of Votorantim Celulose e Papel (current Fibria) and CEO of Papel Simão from 1987 to 1992, the company where he started his career as trainee in 1973. He was the Chairman of the São Paulo Pulp and Paper Association from 1993 to 1995 and was the Vice President of the Brazilian Pulp and Paper Association (Bracelpa), from 1996 to 2004.

He earned a Bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) in 1974 and attended seminars of the International Institute for Management Development (IMD) in Switzerland and in the United States (Harvard, Boston).

At Itaúsa S.A., he has been an Alternate Member of the Board of Directors (non-executive member) since April 2011, Member of the Strategy and New Business Committee since May 2021, Member of the Sustainability Council since June 2019 and was a Member of the Investment Policies Committee from 2008 to 2011.

At the Itaú Unibanco Group, he has been Vice Chairman of the Board of Directors since 2020, having also served as a Member of the Board of Directors (2008 to 2020) and Chairman of the bank’s Latin America Strategic Council since 2018. He has held several positions at the Itaú Unibanco Group since 2002, including Vice President (2010 to 2018).

He was an Alternate Member of the Board of Directors of Dexco S.A. from 2009 to 2018. He was an Alternate Member of the Board of Directors of Itautec S.A. – Itautec Group from 2009 to 2019 and Alternate Member of the Board of Directors of Elekeiroz S.A. from 2009 to 2018.

He holds a Bachelor’s degree in Mechanical Engineering from the Escola Politécnica da Universidade de São Paulo (USP), São Paulo, Brazil, and a Master’s degree in Business Administration from the MIT Sloan School of Management, Cambridge, Massachusetts, United States.

Roberto has been a member of the Board of Directors (non-executive member) of Itaúsa S.A. since May 2021 and he is also the Vice President.

He has been the Co-Chairman of the Board of Directors of Itaú Unibanco Holding S.A. since 2017. He started his career at Banco Itaú in 1980 and held different positions before he was appointed in 1994 as the CEO of the institution and was in office until April 2008 when he became the CEO of Itaú Unibanco and was in office until 2017.

He is also a Member of the Board of CCR, of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) and of Centro de Lideranças Públicas (Center of Public Leaderships) – CLP.

Between 1994 and 2020, he was a member of the International Monetary Conference, of which he was the Chairman in 2015. From 1997 to 2000, he was the Chairman of the Brazilian Federation of Bank Associations (FEBRABAN) and from 2011 to 2017, he was the Chairman of the Board of this institution. He was a member of the Board of Directors of the Institute of International Finance (IIF), having served as Vice Chairman from 2003 to 2014. Between 2002 and 2008, he was a Member of the International Advisory Committee of the Federal Reserve Bank of New York. In 2011, he was named Banker of the Year by Euromoney magazine. He was a Member of the Board of Directors of Petrobras between 2000 and 2002 and a Member of the Board of Directors of Shell between 2017 and 2020.

He holds a Bachelor’s degree in Production Engineering from Escola Politécnica da Universidade de São Paulo (USP), São Paulo, Brazil, and a Master’s degree in Science Engineering from Stanford University, California, United States.

At Itaúsa S.A., Rodolfo has been a Member of the Board of Directors (executive member) since May 2011 and was an Alternate Member from April 2009 to May 2011. He has also been Executive Director Vice President since May 2022 and was Director Vice President from May 2015 to April 2022.

At Dexco S.A., he has been a Member of the Board of Directors since August 2009, Member of the Personnel, Governance and Nomination Committee since May 2020, Chairman of the Sustainability Committee since May 2019 and a Member since November 2009. He was a Member of the Audit and Risk Management Committee from November 2009 to March 2022 and has been a Member of the Finance Committee since December 2021.

At Alpargatas S.A., he has been a Member of the Board of Directors since September 2017, Member of the Strategy and Personnel committees since October 2017 and Member of the Statutory Audit Committee since April 2018. Alternate Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021, having worked as Effective Member from December 2020 to April 2021; Member of the Board of Directors of Aegea Saneamento e Participações S.A. since July 2021; Managing Director of Rudric Ith Participações Ltda. since April 2005.

He has also been a Member of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) since May 2019; Member of the Board of Directors of Unibanco Institute since April 2014; Member of the Advisory and Fiscal Council of the PDR Institute since February 2014; Chairman of the Advisory Board of Associação Pró-Dança (Pro Dance Association) since September 2019; Member of the Advisory Board of Sociedade de Cultura Artística (Artistic Culture Company) since June 2020; Member of the Sustainability Committee of the Brazilian Institute of Corporate Governance (IBGC) since August 2019; Member of the Board of Directors of the Institute for Studies of Industrial Development (IEDI) since August 2015; Member of the Governance Board of Todos pela Educação (All for Education) since April 2019; Member of the Fiscal Council of the Yandeh Institute since August 2017; Member of the Advisory Board of the Brazilian Tree Institute (IBÁ) since December 2017; Member of the Young Presidents Organization - YPO/WPO since December 2011; CEO of Associação Comunitária Despertar (Awake Community Association) since April 2020; Member of the Board of Directors of Todavia Livros since March 2018; Member of the Board of Directors of Tempo Livre PTE Ltd (“Cariuma”) since December 2017; Member of the Board and of the Impact Committee of Instituto Alicerce Educação (Education Foundation Institute) since 2021; and Member of the Board of Directors of Livraria Dois Pontos Comércio Eletrônico S.A. since March 2021.

He holds a Bachelor’s degree in Business Administration from Escola de Administração de Empresas de São Paulo – EASP/FG – Fundação Getulio Vargas – August 1994 to June 1998. Master’s degree in Economics and Philosophy from the London School of Economics and Political Science (LSE) – September 2001. Master’s degree in Development Studies from the London School of Economics and Political Science (LSE) – September 2002.

At Itaúsa, Alfredo has been CEO and Investor Relations Officer S.A. since 2015 and Member of the Board of Directors since 2008 (executive member).

He has been Chairman of the Board of Directors of Dexco S.A. since 2021 and a Member since April 2015 and Member of the Board of Directors of Itaú Unibanco since 2007, Alpargatas since 2017 and Copa Energia since 2020.

Member of the Superior Committee for Guidance, Nomination and Ethics of the Brazilian Institute of Investor Relations (IBRI) since 2010, having been the Chairman of its Board of Directors from 2000 to 2003. He served as Chairman of the National Association of Investment Banks from 2003 to 2008. He was a Member of the Board of Directors of the Brazilian Association of Listed Companies (ABRASCA) from 1999 to 2017.

He is the Chairman of the Board of Trustees of Fundação Itaú para Educação e Cultura (Itaú Foundation for Education and Culture) - FIEC. He has been the Chairman of the Decision-Making Council of the São Paulo Art Museum (MASP) since 2015, Member of the Board of Directors of Fundação Bienal de São Paulo since 2009 and Member of the Board of Directors of the São Paulo Museum of Modern Art (MAM) and of the Contemporary Art Institute (IAC).

He holds Bachelor’s and Postgraduate degrees in Business Administration from Fundação Getulio Vargas (FGV), São Paulo, Brazil, with specialization from INSEAD, Fontainebleau, France.

At Itaúsa, Henri has been Chairman of the Board of Directors (non-executive member) since April 2017 and Member of the Board of Directors since May 2015, Permanent Member of the Strategy and New Business, Governance and Personnel, and Sustainability and Risks committees since May 2021 and Member of the Audit Committee since August 2022. He was a Member of the Investment Policies and Accounting Policies committees from August 2008 to May 2011, Coordinator of the Finance Council and Member of the Investment, Personnel and Ethics, and Audit and Risks councils from April 2017 to May 2021, Member of the Capital Markets Council from April to May 2021, Member of the Corporate Governance Council from July 2020 to May 2021, Director Vice President from April 2009 to May 2015, Investor Relations Officer from 2009 to May 2015 and from 1995 to April 2008 and Executive Officer from December 1984 to April 2008.

He has been a Member of the Board of Directors of Nova Transportadora do Sudeste S.A – NTS since April 2017 and Chairman of the Audit Committee of Copa Energia Distribuidora de Gás S.A. since February 2021.

He worked as Coordinator of the Finance Committee of Alpargatas S.A. from October 2017 to February 2023. At Dexco S.A. he was a Member of the Board of Directors and of the Audit and Risk Management Committee from April 2013 to April 2016, Member of the Disclosure and Trading Committee from November 2009 to April 2016, CEO from August 2009 to April 2013 and General Director from April to August 2009.

At Itautec S.A. – Itautec Group, he was a Member of the Board of Directors and of the Disclosure Committee from April 2013 to August 2019, CEO from April 2013 to April 2014 and Member of the Audit and Risk Management, Strategy, Personnel and Governance committees from April 2014 to January 2015.

At Itaú Unibanco Holding S.A., he was a Member of the Board of Directors from March 2003 to April 2016, Member of the Strategy and Nomination and Corporate Governance committees from June 2009 to April 2016, Member of the International Advisory Board from March 2003 to April 2009, Member of the Disclosure and Trading Committee from May 2005 to April 2009, Senior Vice President from March 2003 to May 2008 and Member of the Risk and Capital Management and Accounting Policies committees from May 2008 to April 2009.

He has been a member of the Decision-Making Council of Hospital Infantil Sabará since February 2003, Member of the Fiscal Council of the Alana Institute since April 2002, Member of the Advisory Board of HIG Brasil Ass. De Invest. Ltda. since April 2015 and Member of the Board of Directors of Fundação José Luiz Setubal from October 2005 to February 2023.

He graduated in Mechanical Engineering from Universidade Mackenzie in 1968 and holds a Postgraduate degree in Finance from Fundação Getulio Vargas.

At Itaúsa, Edson has been a Member of the Board of Directors (non-executive member) since May 2021, having served as an Alternate Member of the Board of Directors from May 2019 to May 2021, Coordinator of the Related Parties Committee since August 2021 and of the Audit Committee since August 2002 and a Member of the Governance and Personnel, and Sustainability and Risks committees since May 2021.

At Fundação Antonio e Helena Zerrenner Instituição Nacional de Beneficência, he has been a Member of the Board of Directors since May 2018, Executive Officer since July 2012, Coordinator of the Ethics Committee since May 2020 and Member since December 2016, Coordinator of the Governance in Data Protection Committee since November 2020, Coordinator of the Finance and Investments Committee since February 2019 and was a Member of the Advisory Committee from December 2004 to August 2012.

At AMBEV S.A. he was Health and Benefits Vice President from July 2019 to March 2020, Benefits Officer from January 2015 to June 2019, Corporate Relations Officer from June 2011 to December 2014 and Strategic Planning Manager from May 2000 to December 2003; Global Finance and Excise Tax Vice President at Anheuser-Busch InBev from 2009 to 2011 and Member of the Fiscal Council of Instituto de Previdência Privada da AmBev (Ambev Private Pension Institute) – IAPP from January 2004 to July 2007.

He graduated in both Economics and Business Administration from Fundação Armando Álvares Penteado (FAAP) in 1985 and 1986, respectively, and earned a Master’s degree in Business Administration from Universidade de São Paulo (FIA/USP) in 1998.

At Itaúsa S.A., Patrícia has been a Member of the Board of Directors (independent member), Coordinator of the Governance and Personnel Committee and Member of the Strategy and New Business Committee since May 2021, and a Member of the Related Parties Committee since August 2021 and of the Audit Committee since August 2022.

She is a Founding Partner, Supervisor and Member of the Investment Committee of Unbox Capital, an investment company that supports the growth of companies by establishing partnerships with entrepreneurs and asset managers.

She has more than 20 years of experience in Investment Banking, having worked in the Mergers & Acquisitions team of J.P. Morgan in New York and São Paulo. She was Head of Investment Banking and Corporate Banking at J.P. Morgan in Brazil, responsible for all relationships and transactions with Brazilian and multinational companies. During her career, she provided advisory services to companies in strategic transactions of mergers, acquisitions and divestments and in capitalizations through debt surveys and IPOs.

She is the Officer of the Mulheres do Brasil (Women of Brazil) Group and was nominated twice for the “Mulheres de Valor” (Valuable Women) award of the Valor newspaper. She serves on the Council of the Program for Finance Studies of the Columbia Business School and on the Columbia University Council in Brazil.

She holds a Bachelor’s degree in Economics from Pontíficia Universidade Católica do Rio de Janeiro, Brazil, and an MBA from Columbia Business School (class of 1995).

Raul has been Chairman of the Board of Directors of Aché Laboratórios Farmacêuticos since September 2018.

In May 2015, he became an Independent Member of the Board of Directors of Duratex S.A. (current Dexco S.A.) and his term of office will end in April 2023. He will not be reelected. He has been an Independent Member of the Board of Directors of Embraer since April 2017 and he is currently its Vice Chairman. He has been an Independent Member of the Advisory Board of China Three Gorges Brasil since January 2021.He has been an Independent Member of the Board of Directors of Fleury S.A. since May 2021 and his term of office will end in April 2023. He will not be reelected.

He is also a Senior Advisor at the following companies: RGE Pte Ltd in Singapore and Bracell SP Celulose Ltda. since March 2020 and Macquarie Serviços Agrícolas Participações Ltda. since January 2020. He was a Member of the Board of Hospital Sírio Libanês from 2015 to 2020.

From January 2014 to April 2019, he was the Chairman of the Board of Directors of Votorantim S.A., from December 2009 to December 2018, he was a Member of the Board of Directors of Fibria Celulose S.A. and from January 2010 to December 2013, he served as CEO of Votorantim Industrial and led the cement, ore and mining, pulp, steel and iron, orange juice and energy departments of the Group. Between 2004 and 2010, he was the General Director of the holding company.

Before that, between 1995 and 2003, he was the CEO of Votorantim Celulose e Papel (current Fibria) and CEO of Papel Simão from 1987 to 1992, the company where he started his career as trainee in 1973. He was the Chairman of the São Paulo Pulp and Paper Association from 1993 to 1995 and was the Vice President of the Brazilian Pulp and Paper Association (Bracelpa), from 1996 to 2004.

He earned a Bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) in 1974 and attended seminars of the International Institute for Management Development (IMD) in Switzerland and in the United States (Harvard, Boston).

At Itaúsa S.A., Vicente has been a Member of the Board of Directors (independent member) since May 2021, Coordinator of the Strategy and New Business Committee since May 2021, Member of the Governance and Personnel Committee since May 2021 and Member of the Related Parties Committee since August 2021.

Member of the Board of Directors of Copa Energia Distribuidora de Gás S.A. since May 2021. Member and Vice Chairman of the Board of Directors and Member of the Personnel and ESG committees of CCR S.A. since September 2022 and Member of the Board of Directors of Randon S.A. Implementos e Participações since April 2002 . He was an Effective Member of the Board of Directors of Liquigás Distribuidora S.A. from May 2021 to December 2022.

At McKinsey & Company Inc., he has been an Emeritus Senior Partner since February 2022 and was Senior Partner from 2008 to 2022 and a Leader responsible for the Practice of B2B Companies for Latin America from 2018 to 2021. He was also a Member of the Global Committee of Election of Partners from amongst External Candidates from 2017 to 2022, Member of the Global Committee of Risks Associated with Customer Service from 2016 to 2022, having worked as the partner responsible for the Brazilian Office from 2011 to 2018, Leader responsible for the Practice of Advanced Industries in Latin America from 2012 to 2017, Member of the global task force in charge of improving the firm’s governance from 2015 to 2016, Member of the Global Committee of Partner Assessment from 2009 to 2014, Member of the global task force in charge of reviewing the firm’s values from 2011 to 2012, Leader responsible for the Practice of Operations in Latin America from 2010 to 2012, Partner from 2002 to 2008, Associate Partner and Project Manager and Associate from 1997 to 2002.

Member of the Higher Board of Fundação José Luiz Egydio Setubal since February 2023; Member of the Advisory Board of Generation Brasil since 2020; Member of the Board of the São Paulo Art Museum (MASP) since 2015; Member of the Advisory Board of Brazil’s Wharton Alumni Club since 2016.

He held many positions, including Head of Deep Waters Equipment Development at Petróleo Brasileiro S.A. (Petrobras) from 1985 to 1997 and Member of the Board of the Brazil-Portugal Chamber of Commerce between 2015 and 2022.

He graduated in Civil Engineering from the Universidade Federal de Minas Gerais in 1985, in Petroleum Engineering from Petróleo Brasileiro S.A in 1986 and earned a Master’s degree in Finance from The Wharton School, University of Pennsylvania in 1997.

Raul has been Chairman of the Board of Directors of Aché Laboratórios Farmacêuticos since September 2018.

In May 2015, he became an Independent Member of the Board of Directors of Duratex S.A. (current Dexco S.A.) and his term of office will end in April 2023. He will not be reelected. He has been an Independent Member of the Board of Directors of Embraer since April 2017 and he is currently its Vice Chairman. He has been an Independent Member of the Advisory Board of China Three Gorges Brasil since January 2021.He has been an Independent Member of the Board of Directors of Fleury S.A. since May 2021 and his term of office will end in April 2023. He will not be reelected.

He is also a Senior Advisor at the following companies: RGE Pte Ltd in Singapore and Bracell SP Celulose Ltda. since March 2020 and Macquarie Serviços Agrícolas Participações Ltda. since January 2020. He was a Member of the Board of Hospital Sírio Libanês from 2015 to 2020.

From January 2014 to April 2019, he was the Chairman of the Board of Directors of Votorantim S.A., from December 2009 to December 2018, he was a Member of the Board of Directors of Fibria Celulose S.A. and from January 2010 to December 2013, he served as CEO of Votorantim Industrial and led the cement, ore and mining, pulp, steel and iron, orange juice and energy departments of the Group. Between 2004 and 2010, he was the General Director of the holding company.

Before that, between 1995 and 2003, he was the CEO of Votorantim Celulose e Papel (current Fibria) and CEO of Papel Simão from 1987 to 1992, the company where he started his career as trainee in 1973. He was the Chairman of the São Paulo Pulp and Paper Association from 1993 to 1995 and was the Vice President of the Brazilian Pulp and Paper Association (Bracelpa), from 1996 to 2004.

He earned a Bachelor’s degree in Business Administration from Fundação Getulio Vargas (FGV) in 1974 and attended seminars of the International Institute for Management Development (IMD) in Switzerland and in the United States (Harvard, Boston).

Marco has a Bachelor degree in Metallurgical Engineering from Mackenzie, with specialization in Accounting and Finance from USP.

Over 38 years of experience in financial institutions:

• Itaú: Accounting Director (1999 - 2012)
• BMG: Executive Director/Finance/Risk/Accounting (2013-2017), CEO (2017-2019) and Vice-President of Risk and Finance (2020-2022); currently a member of the Board of Directors.

Isabel has a PhD in Controllership and Accounting from FEA-USP, Master in Accounting Sciences from FECAP and post-graduate in Financial and Accounting Administration from FAAP

• Technical Director of Consultancy, member of the Fiscal Council and Audit Committee, and Post-Graduation professor.
• Career developed over 25 years in financial institutions (including Itaú), working strongly in Regulatory Accounting Policies and Standards.