Sustainability Report ENEVA 2020 slide image

Sustainability Report ENEVA 2020

Board of Directors (BD) [GRI 102-19 | 102-23] Top collegiate body, responsible for guiding, controlling, and inspecting our business and performance, as well as for approving all policies, defining the strategy and guidelines for action on economic, social, and environmental issues, which must be followed by the Board of Executive Officers. The directors meet at least six times a year, and whenever necessary in extraordinary situations - in 2020, there were 27 meetings, especially to monitor the initiatives to fight Covid-19 and its possible effects on operating performance and cash management. Our Bylaws determine a minimum of two or 20% (whichever is greater) of independent members, as determined by the Novo Mercado Regulation, but in 2020 our Board of Directors was composed of seven members, six independent and one woman - none with executive roles and all with a unified one-year term of office, with the possibility of reelection Board of Executive Officers Responsible for the execution of the business strategy established by the Board of Directors, for developing plans and projects, and for operational and financial performance, our Board of Executive Officers is composed of members with proven academic and practical training acquired in courses and in the exercise of activities compatible with the delegated attributions. It is composed of at least three and at most seven members, shareholders or not - in 2020, there were four statutory directors and two executive directors, withunified three-year terms and the possibility of reelection. Advisory Committees To support the decision-making processes of our Board of Directors, we have the following advisory committees in place: Statutory Audit Committee, Finance Committee, and Human Resources Committee. Our BD has the freedom to create specialized committees, on a permanent or temporary basis, to develop and enhance the knowledge of its members on economic, environmental, and social topics. The committees function simultaneously with the Board of Directors, with no decision-making powers. Statutory Audit Committee Created in 2018, it is composed of members with extensive experience in accounting, risk, internal controls and Compliance issues. It plays an important role in our governance, ensuring the balance, transparency, and integrity of the financial information. Finance Committee 100 With a mission and a strategic plan based on a large portfolio of opportunities, the BD relies on the assistance of the Finance Committee so that the decision making on financial operations and other matters of this nature is based on the best and most efficient way possible. Human Resources WWW Committee Its attribution is to assist the Board in aspects related to corporate issues, such as compensation and benefits, setting annual goals, retention plans, professional development and succession, among others. The composition and qualifications of the members of the corporate governance bodies are available on our Investor Relations website. https://bit.ly/3fa4uBs [GRI 102-22] ABOUT LETTER FROM ABOUT FIGHTING THIS REPORT MANAGEMENT ENEVA COVID-19 INTELLECTUAL & ORGANIZATIONAL CAPITAL SOCIAL & MANUFACTURED HUMAN NATURAL FINANCIAL CAPITAL CAPITAL RELATIONSHIP CAPITAL APPENDICES CAPITAL CAPITAL GRI CONTENT INDEX SASB CONTENT INDEX SUSTAINABILITY REPORT [ENEVA 2020] PAGE 41
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