Executive Committee of the Board

President: Mário Alves Rodrigues, Executive of Coats Correntes LTDA.

Vice-President: Bruce Philips, Partner of Banco Ourinvest S.A.

Finance Director: Mark Abrams, SVP, Boys Hope Girls Hope

Marketing Director: Fábio Troiani, Presidente of Aços Vic

Secretary: Jardelino Bernardi, Partner of Editora EGB