Investor Presentaiton
Standard
205-3
206-1
Description
Confirmed incidents of
Reporting criteria and parameters
Boundary: Consolidated (Votorantim + portfolio companies)
corruption and actions taken Details general:
Legal actions for anti-
competitive behavior,
anti-trust and monopoly
practices
Corruption is the effect or act of corrupting someone,
including government officials, or something, with the purpose
of obtaining advantages in relation to others by means
considered illegal or illicit. Corruption includes practices such
as bribery, facilitation payments, fraud, including in public
tenders, extortion, collusion and money laundering.
"Confirmed incidents of corruption" are considered to be the
sum of individual cases identified as valid.
Details per portfolio company:
Boundary: Consolidated (Votorantim + portfolio companies)
Details general:
For the purposes of this standard, the following definitions
were used:
► Unfair competition: Initiatives aimed at limiting the effects
of market competition, such as fixing prices, imposing
geographic quotas, coordinating bids and others.
►Trust and monopoly: Unfair business practices, cartels and
improper mergers that make competition difficult.
Due to their differences in size and business segment, the
criteria for forming the basis of lawsuits related to unfair
competition and violations of antitrust laws used by each
company may depend on their particular and specific
definitions of materiality, validated by the appropriate
governance bodies of each company, and to the proper
reporting of probable, possible and unlikely losses. However,
this standard aims to consolidate any and all involvement in
lawsuits related to these issues.
Details per portfolio company:
Exceptions
►Data reported by
banco BV includes
only operations in
Brazil.
► Data reported
by Votorantim
Cimentos includes
only operations in
Brazil.
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Changes
None
Justification
N/A
None
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