According to the Brazilian Corporation Law, the Fiscal Council is a corporate body that is independent from both management and external auditors. The Fiscal Council may function both permanently or temporarily, in which case it will function during a specific year, when set up at the request of shareholders representing at least 2% of the voting shares. The period of its functioning will end at the first Annual Shareholders’ Meeting held after it is set up.
The main responsibilities of the Fiscal Council are to oversee the management’s activities, review the Company’s financial statements and report its findings to shareholders. The Brazilian Corporation Law establishes that Fiscal Council members receive remuneration equivalent to at least 10% of the average annual compensation paid to executive officers of the Company. The Law also requires that the Fiscal Council be composed of at least three and no more than five members, and their respective alternate members.
The Bylaws of the Company provide for a non-permanent Fiscal Council, elected solely at the request of shareholders at a Shareholders’ Meeting. Eucatex currently has a Fiscal Council set up.
|Board Members||Function||Election Date||End of Mandate|
|Daniel Berselli Marinho||Board Member||04/30/2021||ASM of 2022|
|Daniel Berselli Marinho. Mr. Daniel Berselli Marinho has a law degree from UNIP and is studying Accounting. Studied MBA in Tax Management – FIPECAFI (FEA / USP) and is a Specialist in International Law on Economic Relations and Trade – FGV-SP / 2003 and Specialist in Tax Procedural Law – COGEAE (PUC/SP). He is a founding partner of Pela Berselli Sociedade de Advogados, President of the Fiscal Council of Aldeias Infantis SOS Brasil, in addition to an accredited public policy consultant at SEBRAE.|
|Freddy Rabbat||Board Member||04/30/2021||ASM of 2022|
|Freddy Rabbat. Mr. Freddy Rabbat, an engineer and entrepreneur, holds a degree in Mechanical Engineering from Fundação Armando Alvares Penteado – FAAP, and in International Law from Harvard Business School. He is the CEO of ABRAEL – Associação Brasileira das Empresas de Luxo and a business consultant at RCA – Rabbat Consultores Associados and Montblanc in Brazil.|
|Marcos Roberto de Oliveira||Board Member||04/30/2021||ASM of 2022|
|Marcos Roberto de Oliveira. Mr. Marcos Roberto de Oliveira holds a degree in Business Administration and a specialist degree in Production and Logistics Management from UNICAMP. He is the Supply Chain Director at Grandfood Ind. e Com. Ltda.|
|Renato Cil da Silva Akaishi||Board Member||07/12/2021||ASM of 2022|
|Renato Cil da Silva Akaishi. Mr. Renato Akaishi holds a B.Sc. in Economics from Pontifical Catholic University of Sao Paulo (PUC-SP) and a degree in Law from Osasco Law School and completed a non-degree program in Taxation at Centro de Extensão Universitária. Previously he served as tax manager at GTE do Brasil, which was merged by Multitel S/A of the group Cataguases Leopoldina; as head of the tax department at Produtos Roche; and as direct tax inspector at the São Paulo State Treasury Department, working in various economic sectors. Currently he is a member of the Audit and Ethics Committee and of the Human Resources, Compensation and Governance Committee of Blau Farmacêutica S/A and works as a consultant in corporate tax and real estate law.|
|Elaine Aparecida Aliba||Board Member||04/30/2021||ASM of 2022|
|Elaine Aparecida Aliba. Mrs. Elaine Aparecida Aliba holds a degree in Business Administration from Faculdade Oswaldo Cruz, with extension and specialist degrees Advanced Analysis of Financial Statements (GVPEC) from Fundação Getúlio Vargas, Executive Management from INSPER – SP and Business Management (CEAG) from Fundação Getúlio Vargas. In recent years she has acted as financial manager at Grandfood Ind. e Com. Ltda.|
|Bruno Sá Barbosa||Alternate Board Member||07/12/2021||ASM of 2022|
|Bruno Sá Barbosa. Mr. Bruno Sá Barbosa holds a degree in Law from Centro Universitário FIEO – UNIFIEO and a graduate degree in Business Law – Tax Planning, also from Centro Universitário FIEO – UNIFIEO. He has 25 years of accounting experience at midsized and large corporations specializing in IFRS and BR GAAP. Currently he is a member of the Audit and Ethics Committee of BLAU Farmacêutica S.A. and managing partner of ELOS Organização Contábil Ltda.|
|Madalena Spinazzola||Alternate Board Member||04/30/2021||ASM of 2022|
|Madalena Spinazzola. Mrs. Madalena Spinazzola holds a degree in Business Administration and a specialist degree in Marketing from EAESP/FGV. In recent years she has been a strategic planning and corporate marketing director at Premier Pet, as well as new business market intelligence manager.|
|Silvio Roberto de Mula||Alternate Board Member||04/30/2021||ASM of 2022|
|Silvio Roberto de Mula. Mr. Silvio Roberto de Mula holds a degree in Accounting and a specialist degree in Controllership and Business Management. In recent years, he has been a Controller Director at Grandfood Indústria e Comércio Ltda and Corporate Controller at Braspine Madeiras Ltda and Braslumber Indústria de Molduras Ltda.|