Institutional Presentation September 2020

။ III IV 1 GOVERNANCE Highest level of Corporate Governance - (B3 Novo Mercado) BOARD OF DIRECTORS COMPOSITION Laércio Cosentino Chairman Co-Founder of TOTVS and board member of Brasscom Maria Letícia Costa Vice-Chairman Independent Member Partner of Prada Assessoria Empresarial ans board member of Localiza Eduardo Vassimon Independent Member Chairman of the Board of Directors of Votorantim S.A and Board Member of B3* Gilberto Mifano Independent Member Ex-presidente da B3* Board member of Natura and Cielo Guilherme Stocco Filho Independent Member Member of B3* Technology Committee Mauro Cunha Independent Member Chairman of the Board of Directors of Caixa Econômica and Board Member of BRMalls Sylvia Leão Independent Member Board Member of Sodimac Brasil and Mendelics 10 6 out of 7 board members are independent 0 Audit monitors the procedures for compliance with legal provisions, evaluates risk management policies and recommends improvements to internal policies ADVISORY COMMITTEES Personnel and Compensation responsible for advising the Board of Directors in establishing the terms of compensation and other benefits Strategy studies, debates, evaluates, proposes and monitors the main guidelines of the corporate and technological strategy Governance and Nomination promotes the development of the Company's corporate governance and ESG strategy, evaluates the adoption of good practices and selects members to the Board of Directors and the Executive Board *B3-Brazilian Stock Exchange

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