Frasle Mobility's New Positioning and Randoncorp Investments
Recognized governance
Recognizing the
implementation and
adoption of best
governance practices
in the management and
use of Governance, we
received the Digital
Governance Award
2022, presented by Atlas
Governance.
Bylaws update
To meet the best corporate governance practices, in 2022 we updated our Bylaws, including
guidelines such as:
> Rule for cases of conflict of interest in General Shareholders' Meetings and Board of
Directors' resolutions;
> Minimum of 1/3 of Independent Board Members and definition of independence;
> Statutory provision for an integration program for new Board Members;
> Minimum number of six Board meetings per year;
> Express authority of the Board to evaluate risk exposure and the effectiveness of risk
management;
> Dismemberment of the President Director's responsibilities, by creating the position
of Executive General Director.
Evolution in corporate governance
Throughout 2022 we have continued to evolve in adhering to the best Corporate Governance
practices of the IBGC's Code of Best Governance Practices, reaching an adherence of
78.3% to recommended practices.
65.2%
73.9%
2.2%
82.6%
4.3%
78.3%
56.6%
4.3%
71.7%
51.0%
10.9%
60.9%
15.7%
45.7%
35.3%
Partial adherence
Full adherence
2018
2019
2020
2021
2022
Among the advances made during the year, we can mention:
> Implementation of Board of Directors Evaluation (more on page 40).
> Update of the Bylaws.
To learn more about the practices adopted, access our Corporate Governance Report at: https://
ri.randoncorp.com/en/corporate-governance/corporate-governance-report/
ETHICAL AND RESPONSIBLE MANAGEMENT
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