José Guimarães Monforte

Mr. Monforte is a member of the Company’s Board of Directors. He is an economist graduated from the Catholic University of Santos. He is a partner at Emax Consultoria. Mr. Monforte is a member of Cyrela’s Board and coordinator of its Governance and Sustainability Committee. From 1998 to 2011, he was on the Board and Coordination of Natura Cosméticos’ Risk Committee. Until 2011, he served as a Board member at Vivo. He was also a member of the Boards of Petrobras, BR Distribuidora, Rossi Residencial, Promon, Droga Raia, SABESP, Claro, Banco Nossa Caixa, Banco Tribanco, Canbrás, Pini Editora, Caramuru Alimentos, Klicknet, JHSF, and Agrenco Ltd. In recent years, he chaired the Eletrobrás Board and coordinated the Governance, Strategy and Sustainability Committee. He worked as a director at JBS and Banco do Brasil. He was a member of the Ethics Committee of IBRI, of the Advisory Board of ABERJE and of the OECD Advisory Panel on Board Efficiency, of the Advisory Board-Americas Cabinet of the Graduate School of Business in Chicago. Mr. Monforte was involved in the development of the Brazilian Institute of Corporate Governance, being a member of the Board of Directors in 2002, Vice-Chairman of the Board in 2003, and Chairman of the Board from 2004 to 2008. He was the Coordinator of Bovespa’s IPO Committee, Vice-Chairman of ANBID and of the Board of the Commodities Exchange Clearing House. He has served as an executive in several banks and companies such as BANESPA, Merrill Lynch, Citibank NA, VBC Energia S/A and Janos Comércio, Administração e Participações LTDA, holding positions in Brazil and abroad. He was also a founding partner of Pragma Gestão Patrimonial.