Management and Fiscal Council

Graduated in Business Administration from Ibmec. She attended the Owners Presidents Management (OPM), Families in Business, Authentic Leadership Program and Audit Committee Program at Harvard Business School; the Private Wealth Management program at Wharton Business School; and the EP program at Singularity University. She is a member of the Board of Directors of Klabin S.A., coordinator of the People and Culture Committee of Klabin S.A., partner and director of Daro Participações S.A., alternate member of the Board of Directors of Klabin Irmãos S.A., partner and director of Daram Participações Ltda., partner and director of Damaro Comercial Agropecuária Ltda., founding partner of Galt Capital Consultoria de Investimentos Ltda. and founding partner of Bait INC, a real estate developer from Rio de Janeiro. Previously, she was Chairman of the Board of Directors of Klabin S.A. (2023) and a member of the Audit and Related Parties Committee of Klabin S.A. (2020/2021 and 2022/2023). He has recognized expertise in strategic business planning, mergers and acquisitions and risk management.

Graduated in Production Mechanical Engineering from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ), and in Psychology from Estácio de Sá University and the Superior War College. He is Deputy Director at Glimdas Participações S.A. and Kassa Ida Participações Ltda., and serves on the Board of Directors of Klabin Irmãos S.A. Previously, he worked as a Relationship Manager at Chemical Bank in New York and at Banco Norchem S.A. in Rio de Janeiro.

Bachelor’s degree in Economics from the School of Economics, Business and Accounting at the University of São Paulo – FEA – USP (1982). He pursued Master’s and Doctorate programs in Economics at FEA – USP (1983–1985, without thesis defense) and completed the Interdisciplinary Training Program at the Brazilian Center for Analysis and Planning – CEBRAP (1985–1986). Since 2014, he has been a member of the Investment Committee and partner responsible for the private equity division at Gávea Investimentos. He is also a member of the Board of Directors of Klabin S.A., the Audit and Related Parties Committee of Klabin S.A., the Board of Directors of ARMAC S.A., and the Board of Directors of Natural One S.A. Previously, he served as President of Gávea Investimentos (2007–2022) and as partner responsible for the wealth management division (2004–2007); Executive Director at the World Bank, IFC, and MIGA (2002–2003); Executive Secretary of the Ministry of Finance (1999–2002); Secretary for Economic Policy at the Ministry of Finance (1998–1999); Chief Economist at the Ministry of Planning (1996–1998); Chief Economist at Citibank Brazil (1994–1996); Associate at the consulting firm Kandir & Associados (1992–1994); Coordinator of Monetary and Financial Policy at the Secretariat for Economic Policy of the Ministry of Finance (1990–1991); Economist at Sadia S.A. (1990); Economist at Copersucar (1989); and Professor at FEA – USP (1985–1986). He has served on numerous Boards of Directors since 1997, including Banco do Brasil, Caixa Econômica Federal, IRB – RE, Itaipu Binacional, Americanas, Camil, Hermes Pardini Laboratory, Grupo GPS, Grupo São Francisco, among others.

PhD in Political Science from Cornell University (USA); bachelor’s degree, lecturer in Public International Law and professor of Philosophy of Law at the Largo de São Francisco Law School of the University of São Paulo – USP. He works as a jurist, human rights scholar and specialist in international relations and foreign trade. He is currently Chairman of the Board of the Fernando Henrique Cardoso Foundation, Chairman of the Ema Klabin Foundation and of the Advisory Board of the Albert Einstein Hospital, as well as being a member of the Board of Directors of Klabin S.A. In 1992, he was Minister of State for Foreign Affairs and ex-officio vice-president of the UN Conference on Environment and Development, Rio-92. In his second term at Itamaraty (2001-2002), he headed the Brazilian delegation to the Ministerial Conference of the World Trade Organization (WTO) in Doha. He was Minister of State for Development, Industry and Trade (1999) and Ambassador-in-Chief of the Permanent Mission of Brazil to the United Nations and the WTO in Geneva (1995-1998). In 1996, he chaired the WTO Dispute Settlement Body and, in 1997, the WTO General Council. He was also Chairman of the Board of Directors of Metal Leve S.A. Indústria e Comércio (1993-1995) and of FAPESP – Fundação de Amparo à Pesquisa do Estado de São Paulo (2007-2015). He is professor emeritus of the University of São Paulo, the Institute of International Relations and the Faculty of Law, where he taught International Law and Philosophy of Law from 1971 to 2011. He has been a member of the Klabin Board since 2005. He is a member of the Brazilian Academy of Letters, the São Paulo Academy of Letters and the Brazilian Academy of Sciences. Author of several books, including: The reconstruction of human rights, a dialogue with the thought of Hannah Arendt(1988); Trade, disarmament, human rights – reflections on a diplomatic experience(1999); Norberto Bobbio, trajectory and work(2013); International relations, foreign policy and Brazilian diplomacy, thought and action(2018). He has received the following honors, among others: Collar of Judicial Merit from the São Paulo State Court of Justice; Honorary Doctorate from the University of Buenos Aires, University of Córdoba and Tres de Febrero University – UNTREF (Argentina); Université Jean Moulin Lyon 3 (France); University of Birmingham (England); University of Haifa (Israel); UNESP and University of Caxias do Sul – UCS (Brazil). In 2006, he held the chair “Countries and Cultures of the South” at the John W. Kluge Center of the US Library of Congress.

Graduated in Law and Philosophy from the Pontifical Catholic University of São Paulo (PUC-SP), with a postgraduate degree in Corporate Law from Fundação Getulio Vargas (FGV). He is a director at VFV Participações S.A., and a member of the Board of Directors of Klabin Irmãos S.A. and Klabin S.A. He has worked in the areas of civil litigation, corporate law, and contracts. He is also a director at a company focused on audiovisual communication activities.

Graduated in Economics and holds a postgraduate degree in Business Administration from Fundação Getulio Vargas (FGV). He is an alternate member of the Board of Directors of Klabin Irmãos S.A. and an effective member of the Board of Directors of Klabin S.A. He served as President of FIESP/CIESP, SESI/SENAI, SEBRAE – SP, and the Economic Policy Council of CNI – National Confederation of Industry. He participated in the Solidarity Community Program (Programa Comunidade Solidária) during the Fernando Henrique Cardoso administration and in the CDES – Economic and Social Development Council during the Lula administration. He also chaired BRACELPA – Brazilian Pulp and Paper Association, the Board of AACD – Association for Assistance to Disabled Children, Instituto DNA Brasil, IBÁ – Brazilian Tree Industry, and Brain4Care S.A. He has served on the Boards of Directors of Redecard S.A., Martins S.A., BHG S.A., Tarpon S.A., TCP S.A., BTS S.A., Cataratas S.A., FAPESP – São Paulo Research Foundation, A.C. Camargo Cancer Center, Fundação Bienal, FEK – Ema Klabin Foundation, FFHC – Fernando Henrique Cardoso Foundation, and the Baumgart Group. Currently, he is a member of the Board of Fundação OSESP – São Paulo State Symphony Orchestra, EMBRAPII – Brazilian Company for Industrial Research and Innovation, IEDI – Institute for Industrial Development Studies, the Advisory Boards of Brasilpar Financial Services, Brainvest Wealth Management, the B20 – Business Dialogue Forum with the G20, and the leadership of MEI – Business Mobilization for Innovation.

More than 30 years working in the Brazilian capital market as a managing partner, analyst, manager, regulator and more than 10 years as an independent multi-specialist board member, supervising and deliberating on capital allocation, strategic planning, remuneration, cultural transformation, risk management, auditing, crisis management, compliance, corporate governance policies and practices. Active participation in the main advances in corporate governance in Brazil: reform of the LSA, Novo Mercado, Stewardship Code and IBGC. Experience in coordinating and being a member of advisory committees: audit, people, remuneration and transactions with related parties. Board member of Brasilagro, Klabin and Wiz. She was a board member of Vale from 2017 to 2021, Br Malls in 2016/17, IBGC in 2016/19 and Panvel in 2006/08. Managing partner of JBI and IP – Investidor Profissional. Advisor to the president of CVM (2000/01) and head of the analysis department at Banco Icatu (1999-2000) and senior analyst at Banco Icatu (1995-2000). She has a degree in Economics from the Pontifical Catholic University of Rio de Janeiro – PUC-RJ (1993), obtained her CFA in 2000 and is a certified advisor by the IBGC and the Global ESG Competent Boards.

Graduated in Law from Mackenzie Presbyterian University. She attended the São Paulo School of Sociology and Politics and the extensive Business Administration course at Fundação Getúlio Vargas (FGV), in São Paulo. She is currently president of LKL Participações S.A. and Esli Participações S.A., director of Jack Levine Participações Ltda., and a member of the Board of Directors of Klabin Irmãos S.A. and Klabin S.A. She also works as an interviewer and television presenter. She has been supporting and encouraging Brazilian Popular Music for over 20 years.

Graduated in Economics from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ). He studied French Studies at the University of Nancy II and took part in the OPM program (Owner President Management Program) at Harvard Business School. He is a founding partner of Leblon Equities since 2008, where he acts as co-manager of equity and private equity funds; founder and chairman of TheLysts AG since 2004; member of the Board of Tamboro Educacional since 2012; member of the Board of the Endowment of the Pontifical Catholic University of Rio de Janeiro (PUC-RJ) since 2019; and member of the Board of Directors of Klabin S.A. He worked for 10 years at UBS Pactual (1998-2008), for 7 years at Banco Garantia (1991-1998) and was a member of the Board of Directors of Petrobras for 8 years (2016-2024), elected by minority shareholders. Since 1995, he has been recognized by investors as one of the leading analysts in Brazil, according to several surveys by Institutional Investor magazine. He was ranked #1 Brazil Analyst from 2003 to 2006 (in addition to #3 in 2002, #2 in 2001 and #3 in 2000), and was voted #1 Equity Strategist in Brazil by the Institutional Investor Magazine Brazil Survey in 2005, 2004 and 2003.

Independent board member with over 30 years of experience in capital markets and corporate governance. From 2012 to 2019, served as CEO of AMEC – the Association of Capital Market Investors in Brazil. In this role, led an organization representing approximately 60 institutional investors with around USD 150 billion in assets under management in the Brazilian equities market, with a focus on developing capital markets and protecting minority shareholder rights. Prior to that, worked for 18 years at several asset management firms, including Opus, Mauá, Bradesco Templeton, Investidor Profissional, Banco Pactual, and Morgan Stanley Asset Management, among others. Served as a board member (2002–2009) and Chairman of the Board (2007–2009) of IBGC – the Brazilian Institute of Corporate Governance, one of the largest corporate governance organizations in the world.
Since 1999, has held positions on Boards of Directors and Fiscal Councils of various Brazilian companies. In 2013, became the first truly independent board member elected by minority shareholders at Petrobras. From 2019 to 2020, served as Chairman of the Board of Caixa Econômica Federal. Board experience also includes companies such as Vale, brMalls, Totvs, Eletrobras, Usiminas, CESP, and Mahle Metal Leve, among others. Currently serves on the Boards of Embraer (Audit Committee member), Hypera Pharma, and Klabin. Mauro is also a corporate governance advisor and professor. He holds the NACD.DC designation, is a CFA charterholder (since 1997), and holds the CCA+ and CC+ certifications from IBGC.

Graduated in Business Administration from the Pontifical Catholic University of São Paulo (PUC-SP), with an Executive Program in Business Administration from Harvard Business School (OPM). Currently serves on the Boards of Directors of Klabin Irmãos S.A., Klabin S.A., Raia Drogasil S.A., and Hospital Israelita Albert Einstein. He is also a member of the Advisory Board of the Pulp and Paper Council at IBÁ – the Brazilian Tree Industry Association. Previously, served on the Boards of Directors of Bovespa (now B3), Banco Mercantil de São Paulo, the São Paulo Biennial Foundation, and MASP – São Paulo Museum of Art.

Lawyer, graduated from the Largo de São Francisco Law School, University of São Paulo (USP). He has a specialization in Business Administration from Mackenzie Presbyterian University and attended the OPM 31 (Owner President Management) program at Harvard Business School. He is managing partner of KL & KL Participações Ltda, RK Hotéis e Turismo and Caiman Agropecuária Ltda. He works as an environmentalist, being the founder and current vice-president of the SOS Mata Atlântica Foundation and the SOS Pantanal Institute. He is also a member of the Board of Directors of the Brazilian Museum of Sculpture and Ecology (Mube), the Board of the Talanoa Institute, the Board of the Pro Conservation Units Network and the Board of the 5 P Institute. He is president of the Brazilian Luxury Tourism Association (BLTA), president of the Life Institute, a member of the Board of Directors of Klabin S.A. and of the Klabin S.A. Sustainability Committee.

He has already been a member of the São Paulo Government’s Environment Advisory Council and was chairman of the board of the Brazilian Museum of Sculpture and Ecology (Mube). He is also currently a member of the Board of Directors of the Sustainable Amazon Foundation, the Advisory Board of the Brazilian Biodiversity Fund (Funbio), the Management Board of the Onçafari Project, chairman of the Business Leaders Group (LIDE), and a member of the Advisory Boards of the Albert Einstein Israelite Hospital and the Jewish Museum.

She is a member of the Board of Directors of Klabin S.A. and Klabin Irmãos S.A. She is the CEO of Jacob Klabin Lafer Administração e Participações S.A., and is also a director of VL Participações Ltda., Novo Horizonte Agropecuária Ltda. and Kvel Participações Ltda.
She has had an outstanding career as a dancer and is recognized for her work supporting culture, art and education. She was one of the creators of Studio3 Espaço de Dança, aimed at training and perfecting dancers.
At the Vera Lafer Cultural Space, in Telêmaco Borba (PR), she runs the Passo Certo program, in partnership with Studio3, which offers contemporary dance and capoeira classes to children and teenagers from the local community and children of Klabin S.A. employees, aged between 6 and 17. Among other public recognitions, he received a tribute from the São Paulo City Council for his social work.

He is a founding partner of the asset management company 4K Investimentos since 2013 and founder and partner of Alexia Ventures, a venture capital fund created in 2019. He is a member of the Board of Directors of Klabin S.A. and Klabin Irmãos S.A.
He worked in the mergers and acquisitions area of Banco JP Morgan and was a partner in the asset management company Jardim Botânico Investimentos.
He is co-founder of the social organizations Prep Estudar Fora, Fundação Estudar, RenovaBR and Movimento União Rio. He chairs the Board of the ORT Brasil School and sits on the Boards of the David Rockefeller Center for Latin American Studies at Harvard University and the Igarapé Institute.

Graduated in Civil Engineering from the Polytechnic School of the Federal University of Rio de Janeiro (UFRJ). He is currently CEO of Daro Participações S.A., Daram Participações Ltda. and Damaro Comercial Agropecuária Ltda., as well as serving as an alternate member of the Board of Directors of Klabin S.A.
He has experienced the main growth cycles of Klabin S.A. as a board member, having chaired the Board of Directors on six occasions (1981, 1987, 1993, 1999, 2005 and 2011). He was a member of the Permanent Business Committee of the Ministry of Foreign Affairs, of the Strategic Committee of the Brazilian Chapter of the Latin American Business Council (CEAL) and of the Superior Council of the Commercial Association of Rio de Janeiro (ACRJ), of which he is also a benefactor. He is the founder and was the first president (1998) of the Brazilian Center for International Relations (CEBRI), and is currently Vice President Emeritus.
He received the title of Doctor Honoris Causa from the Brazilian Academy of Philosophy and was awarded the Tiradentes Medal by the Legislative Assembly of the State of Rio de Janeiro (ALERJ) in December 2023, among other distinctions.

She has a degree in Business Administration from the Getúlio Vargas Foundation of Rio de Janeiro (FGV-RJ), and a master’s and doctorate in Economics from FGV-RJ.
She is currently Special Secretary for Project Management at Rio de Janeiro City Hall and an alternate member of the Board of Directors of Klabin S.A.
She was president of the National Bank for Economic and Social Development (BNDES) and served as CEO of Empresa Olímpica Municipal, Icatu Seguros S.A. and Companhia Siderúrgica Nacional (CSN). She has been a member of the Boards of Directors of several companies, including Vale S.A., Souza Cruz, Petrobras, Anglo American plc, Grupo Pão de Açúcar, Light S.A., Arcelor Brasil, Embratel Participações S.A. and Marsh McLennan Companies Inc. She was Secretary of Finance for the Municipality of Rio de Janeiro, a professor in the Economics Department of the Pontifical Catholic University of Rio de Janeiro and a member of the Board of Directors and the Investment Committee of Iguá Saneamento. She was also a member of the Board of Directors of the Brazilian Sustainable Development Foundation.
She was recognized as the only woman on TIME’s list of the 12 best executives in the world (1997), Global Leader of the Future by the World Economic Forum in Davos, Switzerland (1999) and Executive of Value by the Valor Econômico newspaper (2001 and 2002). She was awarded the Visconde de Mauá Medal by the Commercial Association of Rio de Janeiro.

Graduated in Economics from the University of São Paulo – USP.
He currently has more than 10 years’ experience in the capital markets, is Director of Finance and Strategic Planning at FINC Empreendimentos, a company focused on real estate development, and serves as an alternate member of the Board of Directors of Klabin S.A. Previously, he was Director responsible for various sectors at Credit Suisse Bank, focusing on companies with exposure to Latin America, valued at more than R$ 500 billion at market value.

Graduated in Industrial Mechanical Engineering from Universidade Federal Fluminense, he studied Economic Engineering at the Institute of Administration and Management of the Pontifical Catholic University of Rio de Janeiro, Administration at IMEDE Lausanne, Switzerland, and Administration at Fundação Getúlio Vargas. He has been working at Petterle Consultoria Eireli since 2015, regularly consulting for the companies Daram, Dawojoje and Glimdas, is a member of the Klabin S.A. Sustainability Committee and an alternate member of the Klabin S.A. Board of Directors. A. between 1970 and 2015, where he started as a Production Engineer at the Corrugated Cardboard plant in Del Castilho and held various leadership positions, including regional director of Packaging (corrugated cardboard and recycled paper) and managing director of Klabin Embalagens. With the acquisition of Igaras in 2000, he took over as director of Klabin Papéis e Cartões, also holding the position of director of Industrial Bags and responsibility for Klabin Argentina’s operations from 2004. From 2008 to 2015, he was the company’s Operations Director.

With a degree in Production Engineering from the Polytechnic School of the University of São Paulo and an MBA in Business/Finance from the London Business School, he has 30 years’ experience as a consultant, working as managing partner of Setape Assessoria Econômica Ltda. since 1998 and previously at Boucinhas & Campos Consultores Ltda. He also has 21 years’ experience as an executive in large companies, including Camargo Corrêa S.A., Delta Metal Overseas, PZM Comercial, Agrícola e Construtora Ltda. and Carlos Pereira Indústrias Químicas. He is currently a member of the Audit and Related Parties Committee of Klabin S.A. and an alternate member of the Board of Directors of Klabin S.A. He was previously an effective member of the Board of Directors of Klabin S.A.

Graduated in Mechanical Engineering from Universidade de Taubaté (UNITAU), with an MBA in Business Management from Insper, and certified as a Board Member by IBGC and Fundação Dom Cabral. Currently serves as Advisory Board Member, Cost Committee Member, and Mentor for Successors and Governance at Grupo Madeiranit. Previously, he was President for the Southern Cone and Regional Leader at Kingspan Isoeste in 2022, Vice President of the Wood Division at Dexco (formerly Duratex) from 2016 to 2021, Partner and Market Development Director at Sintec do Brasil from 2012 to 2016, and Commercial and Market Development & Logistics Services Vice President at JP Morgan Logistics Solutions from 2008 to 2011. At Embraer, he led initiatives in Supply Disruption Risk Management and Risk Mapping (2007–2008), the Lean Supply Chain Cell (2007), and the development of the S&OP process (2005–2007), in addition to working in Industrial Architecture and Supply Chain Development (2002–2005). At Accenture (1998–2002), he managed projects within the Supply Chain practice. Earlier in his career, he held roles at Alstom – Power Division (1993–1998) as Investment, Maintenance & Utilities Manager and Machining Supervisor, and began his professional journey as a trainee at Ambev from 1991 to 1993. He has been a member of the Industry Advisory Council for the MIT Supply Chain 2020 project since 2003 and has attended conferences and executive programs in Supply Chain Management at both MIT and Stanford University.

With a degree in Electronic Engineering from UFRJ, Adriano Seabra began his career in the financial market at Banco Garantia (acquired by Credit Suisse in 1998), where he worked in the São Paulo and Mexico City offices. As head of corporate analysis and manager, he worked at GAP Asset, Opus Investimentos and Itaverá Investimentos, an asset manager where he was a partner. He was an independent member of several Boards of Directors, Fiscal Councils and Committees, such as Even Construtora (Board Member – May/2015 to Nov/2015). Sanepar (Board Member – Apr/2017 to Apr/2022). Cesp (Board Member – Apr/2017 to Apr/2019). Eletropaulo (Board Member – Apr/2018 to Nov/2018). Copasa (Audit Board Member – Apr/2017 to Apr/2018), Smiles (Board Member – Apr/2019 to May/2020). Vale (Alternate Board Member – Apr/2019 to Apr/2021 and member of the Finance Committee from Apr/2019 to Jun/2022), Banrisul (Board of Directors – Jun/2018 to date), Grupo Cornélio Brennand (Board Member – Jan/2024 to date), among others. He holds the CFA and CGA (Anbima) certifications.

He graduated in Law from the Largo de São Francisco Law School of the University of São Paulo (USP) and in Business Administration from FGV-EAESP. He is currently a member of the Executive and Investment Committee of Cadence Gestora de Recursos, coordinator of the Audit and Related Parties Committee of Klabin S.A., and an alternate member of the Board of Directors of Klabin Irmãos S.A. He has more than 30 years’ experience in the financial market, having held various management positions at renowned institutions such as Deutsche Bank in New York; he was founder and CEO of the Maxblue joint venture between Deutsche Bank and Banco do Brasil; head of Wealth Management products at UBS Pactual, where he also served in 2006 as a senior executive in the integration of Banco Pactual with the UBS global platform. He was also executive director of Assets Vision Brazil Investments and Mainstay Asset Management, the latter of which was sold to Banco Pátria, as well as working at Cadence Gestora de Recursos. He was a board member of Net Comunicações S.A., Aceco-TI S.A. and Linx S.A. He is an accredited manager with the Brazilian Securities and Exchange Commission (CVM).

Graduated in Economics from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ) and holds a postgraduate degree in Financial Management from the Getulio Vargas Foundation of Rio de Janeiro (FGV-RJ). He is currently an alternate member of the Board of Directors at Klabin S.A. He has over 26 years of professional experience, having worked for five years at Bozano Simonsen/Santander (1999–2003), four years at Merrill Lynch (2004–2006), and eight years at Goldman Sachs (2007–2015). Before starting his career as an equity analyst, he worked in the finance department of Latasa (now Rexam) for five years (1994–1998), primarily covering Latin American companies in the mining and steel sectors, as well as the pulp and paper industry. He was ranked multiple times by Institutional Investor magazine, having achieved first place in Latin America for Mining & Steel and for Pulp & Paper in 2006, as well as third place in Brazil in the Natural Resources sector in 2007. He was also named by Exame magazine as the second-best analyst in terms of return based on stock recommendations for the period between 2004 and 2006.

Independent board member with over 20 years of experience in capital markets and corporate governance. Since 2019, he has served on Boards of Directors and Fiscal Councils of Brazilian companies. From 2017 to 2019, he was the General Coordinator of the B3 Listing Advisory Chamber.
He has held board positions at companies such as BBM Logística, DGH Foods, Banese, Totvs, among others. He currently serves on the Advisory Boards of MBM Logística and Festcolor, and is also a member of the Fiscal Councils of Petz, Hmobi, ATG, Hospitais Mater Dei, and Agrogalaxy.
From 2011 to 2019, he was Head of the Capital Markets Division at B3, and served as CEO of DGH Foods between 2021 and 2022. He also has professional experience at Bunge Brasil and Deloitte. Additionally, he is an instructor in the board member training program at IBGC (Brazilian Institute of Corporate Governance).

Graduated in Journalism from the Pontifical Catholic University of São Paulo (PUC-SP) and holds a postgraduate degree in Journalism from Columbia University in New York (USA). She is currently a director at GL Holdings S.A., GL Investimentos e Participações Ltda., GL Agropecuária Ltda., and Gepel Rural Ltda. She also serves as an alternate member of the Board of Directors of Klabin Irmãos S.A., coordinator of the Sustainability Committee of Klabin S.A., and an alternate member of the Board of Directors of Klabin S.A.
In addition, she acts as the coordinator of Instituto Jaborandi, a non-profit organization that develops customized projects for institutions, focusing on the creation of educational initiatives that use educational technology in public school networks and companies.

Graduated in Economics from Faculdade Candido Mendes and holds a postgraduate degree in Finance from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ). He also completed the Owner/President Management Program (OPM) at Harvard Business School. He has been President of Cinemark Brazil for 17 years and was one of the key figures behind the company’s entry into the Brazilian market.
He acts as an angel investor and advisor to startups in the education, media, and healthcare sectors. He is President of the Brazilian Association of Multiplex Cinema Exhibitors (Abraplex), Chairman of the Board of an education startup, and serves on the boards of companies in the healthcare, education, and machinery & equipment sectors (a portfolio company of Rio Bravo). He is also a board member of the Coca-Cola Foundation, the George Mark Klabin Institute, a member of the People and Culture Committee of Klabin S.A., and an alternate member of the Board of Directors of Klabin S.A.
In previous roles, he worked at IBM Brazil and McKinsey, with a focus on finance, strategy, and mergers and acquisitions (M&A), covering sectors such as energy, retail, and financial services.

Graduated in Business Administration, with an MBA from Business School São Paulo, including a study period at the University of Toronto in Canada. He completed courses in International Finance at the Institut Européen d’Administration des Affaires (INSEAD) in Fontainebleau, France, and in Management at the International Institute for Management Development (IMD) in Lausanne, Switzerland. He also pursued executive education in Corporate Finance and Value Creation at the University of California, Berkeley, as well as updates in Organizational Behavior and Finance at The Wharton School, University of Pennsylvania, both in 1995.
He is currently an alternate member of the Board of Directors at Klabin S.A. In previous roles, he joined the Klabin Group companies in 1974, working in the areas of Economic Studies, Sales, and Marketing. He held several executive positions, including Managing Director of Klabin Export, Chief Financial Officer of Norske Skog Klabin, CFO of Klabin Bacell, Director of Planning at Klabin S.A., and CFO and Investor Relations Officer at Klabin S.A.

Graduated in Production Engineering from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ). He is currently a director at 4K Investimentos and an alternate member of the Board of Directors of Klabin S.A.
In previous roles, he was a partner at BC Engenharia from 2017 to 2018 and worked at Odebrecht Óleo e Gás as a trainee from 2013 to 2015, later serving as a coordinator from 2015 to 2017.
Among other relevant qualifications, he completed an executive education program in Finance at COPPEAD, is a CFA charterholder (ID #6817079), completed the Venture Capital Program at The Wharton School San Francisco, is a licensed Portfolio Manager by the Brazilian Securities and Exchange Commission (CVM), and holds the CGA (Portfolio Manager Certification) from ANBIMA.

Graduated in Accounting from the School of Economic Sciences Alvares Penteado (FECAP), with a postgraduate degree in Systems from the same institution and an Executive MBA from Insper. He is currently a partner at KMG Apoio Administrativo, providing services in controllership reorganization, management information systems, mergers and acquisitions, tax and financial planning, international branch setup, and strategic planning with effective implementation and management.
He is also a member of the Audit and Risk Committee and the Finance Committee of Raia Drogasil, a member of the Fiscal Council of ABME, and the Chairman of the Fiscal Council of Klabin S.A. Previously, he served as a member of the Finance Committee of the São Paulo State Symphony Orchestra (OSESP).

Bachelor of Laws from the Law School of Faculdades Metropolitanas Unidas, class of 1998. Specialist in Civil Procedural Law from the Pontifical Catholic University of São Paulo. He began his professional career at the law firm “Jeremias Alves Pereira Filho S/C,” where he worked from 1993 to 1998.
He is currently a partner at MELO ALMADA ADVOGADOS ASSOCIADOS and serves as a member of the Board of Directors of Bombril S.A. (currently under judicial reorganization) and as Chairman of the Board of Directors of Siderúrgica J.L. Aliperti S.A. He is also a member of the Fiscal Council of Klabin S.A.
Previously, he served as a member of the Board of Directors of Americanas S.A. (under judicial reorganization) and as a member of the Fiscal Councils of Construtora Beter S.A., Brasil Ecodiesel (now Terra Santa Agro), Gerdau S.A., Metalúrgica Gerdau S.A., JSL Logística S.A., Azevedo & Travassos S.A., and Vulcabrás S.A.

He holds a Master’s degree in Economics and Finance from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ) and a Bachelor’s degree in Computer Engineering from the Military Institute of Engineering (IME), as well as the CGA (Portfolio Manager Certification). He is currently the Investment Director at Galt Capital and a member of the Fiscal Council of Klabin S.A.
He has over 17 years of experience in the capital markets, having started his career at asset management firms Opportunity and JGP. He later worked as an executive at Credit Suisse, where he was co-responsible for sell-side coverage of several companies in Brazil and Latin America. He also worked in the Financial Planning and Project Evaluation division at PDG and held partner roles in equity investment management and analysis at Canepa Asset and Trafalgar Investimentos.

Graduated in Business Administration from Fundação Mineira de Educação e Cultura (FUMEC) and holds a Master’s degree in Business Administration with a focus on Strategy and Finance from the MIT Sloan School of Management. He is currently a member of the Fiscal Council of Klabin S.A., an alternate member of the Board of Directors of BrasilAgro (AGRO3), and co-founder and Investment Director at Café Consultoria e Gestão de Patrimônio LTDA.
Previously, he served as a member of the Board of Directors of Blandpaper Security Papéis Especiais S.A., Chairman of the Board of Directors of Granja Werneck S.A., Advisory Board member of Grupo GNT, alternate board member of Eletropaulo S.A., CEO of Opersan Resíduos Industriais S.A., Director of Business Development for the infrastructure arm of Banco Pátria, Director of Strategy and Financial Planning at AES Brazil, and Director of Support Services at AES Brazil (including continuous improvement, procurement, fleet management, and non-electric real estate asset management). He also worked as a management consultant, project manager, and associate partner at Bain & Company, as a consultant at McKinsey & Company, and held partner roles at FMB Investimentos, Sabiá Fomento Mercantil Ltda. (co-founder), Floramar Empreendimentos Comerciais S.A. (co-founder), and CMS Investimentos.

Bachelor of Laws from Faculdades Metropolitanas Unidas (FMU) and a degree in Business Administration from Instituto Presbiteriano Mackenzie. She is currently an alternate member of the Fiscal Council of Klabin S.A., an alternate member of the Fiscal Council of Raia Drogasil S.A., and a partner at the law firm Leão e Tohmé Advogados Associados, where she has worked for 26 years. Previously, she served as an alternate member of the Board of Directors of Klabin S.A. and as a full member of the Fiscal Council of Klabin S.A.

With over 30 years of experience in the accounting and financial sectors, he has held leadership roles in controllership management, accounting for brokerages, insurance companies, investment funds, IPOs, mergers, acquisitions, and due diligence. He has deep expertise in accounting and corporate structuring for IPOs and private equity, along with extensive experience in financial reorganization, compliance, and auditing for institutions in the capital markets, energy sector, and investment funds.
His professional background also includes positions as CEO, CFO, and Board Member, with involvement in brokerage firms, insurance companies, public offerings, and the structuring of international financial operations. Additionally, he has built a career in consulting and entrepreneurship, founding a company specialized in IPOs, mergers, private equity, and due diligence, serving clients in the financial and energy sectors.
He has also served as a consultant and advisor to companies in the sanitation, wealth management, retail, and services sectors, providing both strategic and operational support. His academic background is strong in business administration and accounting, combining theoretical knowledge with hands-on experience in the financial and corporate markets.

Graduated in Economics from Universidade São Judas Tadeu in São Paulo and a technical degree in Accounting. He is currently an alternate member of the Fiscal Council of Klabin S.A. and a manager of holdings in the KISA group. He has been working in the accounting field since 1985 and in the financial sector for approximately 30 years, having held intermediate and senior positions in companies such as Siemens, McCann Erickson Advertising, and holdings of the KISA group.

Graduated in Economics from Universidade Gama Filho, with a Master’s degree in Administration and an MBA in Corporate Finance from IBMEC, in addition to postgraduate studies in Economic Engineering and Industrial Management from the National School of Engineering at the Federal University of Rio de Janeiro (UFRJ). He is currently the Chief Financial Officer at SONY Music Publishing Brazil and an alternate member of the Fiscal Council of Klabin S.A.
Previously, he was the Director of Risk, Compliance, and AML at Charles River Investment Management, CFO at EMI Music, a British record label, and held various management, planning, and control positions in multinational companies in sectors such as Packaging, Oil and Gas, Technology, Personal Hygiene, and Tobacco. He also worked as the Governance, Risk, and Compliance Manager at Monteiro Aranha.

Over 25 years of knowledge and experience in the areas of processes, compliance, risk management, and accounting, with a career spanning law firms, financial institutions, fund administrators, consulting firms, and investment companies. Expertise in compliance, risk, and accounting for investment funds, publicly traded companies, financial institutions, and asset managers; trading, post-trading, surveillance, and monitoring; regulation of domestic and offshore capital markets; investment funds, equities, derivatives, structured and complex products, and public and private securities offerings in both local and international markets. Extensive experience in corporate law (domestic and international), activist investors, and capital markets activism strategies; economic regulation and antitrust; administrative proceedings before CADE, BCB, CVM, ANBIMA, and BSM; institutional and government relations; anti-money laundering, anti-corruption, internal and external investigations, and preventive compliance procedures. A diversified professional background, having worked in-house at financial institutions and capital markets firms, as well as at leading law firms, in government, and in academia. Additional experience in business consulting, strategy, and development, internet platform architecture, innovation, and process design, with knowledge of emerging financial technologies, go-to-market strategies, and prototyping—particularly in crypto platforms and electronic credit. Holds a strong academic background in law and finance, with advanced degrees from both Brazilian and international universities, awards and honors, and a respected body of intellectual work. Areas of expertise include innovation, technology, finance, financial and capital markets regulation, risk, compliance, trading, market structure, antitrust, economic regulation, and international trade in services.