Investor Presentaiton
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Messages from the
management
Highlights
Were are globo
ESG approach
Social impact
of our content
Diversity & inclusion
Employee development
& well-being
Biodiversity &
environmental awareness
Transparent & responsible
governance
Education as a vector
for country development
About this
report
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67 2021 Report ESG Journey
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the Audit and Compliance Committee,
today called the Compliance, Personal
Data Protection, Audit and Risk
Committee. Among its various objectives,
it has the function of promoting the
culture and practices of compliance in all
our activities. GRI 3-3 (205), 2-10
In 2016, the succession process for
shareholders evolved with the transfer
of almost all the shares of Grupo Globo
from the main shareholders to the
descendent shareholders. At present,
the main shareholders have lifetime
usufruct of these shares. This operation
was previously approved by the Ministry
of Communications, in accordance with
applicable law.
As of 2020, the year that marked the
incorporation of Globosat by Globo, we
approved the reform of the Bylaws in
order to formalize the new administrative
structure and allow a flow of signatures
that guarantees greater financial control
and critical thinking, in contracts with
values greater than R$ 5 million. In
addition, as determined by the Board
of Directors, all contracts with expenses
exceeding R$ 10 million must be previously
approved by the Chief Executive Officer.
Gradually, all of Globo's activities are
being separated from shareholder-
related businesses. These demands are
being migrated to the Family Office
structure, totally disconnected from
Globo. It provides - autonomously
and independently - assistance to
shareholders and their respective families.
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