In 2000, the BM&FBovespa introduced three special listing segments, known as Levels 1 and 2 of Differentiated Corporate Governance Practices and Novo Mercado, aimed at fostering a secondary market for securities issued by Brazilian companies with securities listed on the BM&FBovespa, by prompting these companies to follow good practices of corporate governance. The special listing segments were designed for the trading of shares issued by companies voluntarily undertaking to abide by corporate governance practices and disclosure requirements in addition to those already imposed by Brazilian law. These rules generally increase shareholders’ rights and enhance the quality of information provided to shareholders.

In keeping with the highest corporate governance practices, in addition to adhering to the Code of Best Corporate Governance Practices of the Brazilian Institute of Corporate Governance - IBCG, since 2010, the Company has been listed on the Novo Mercado - the highest standards of corporate governance in the Brazilian stock exchange - BM&FBOVESPA S.A.

The Company’ s Management Team is composed by the Board of Directors and the Board of Executive Officers, besides the Fiscal Council (non permanent) and the Audit Committee. For futher information, please, see specific section of this website.