Marcelo Augusto Dutra Labuto

Mr. Labuto is a member of the Board of Directors. Prior to joining us, Mr. Labuto was the Vice President of retail business at Banco do Brasil between the years 2017 and 2018, and Chief Executive Officer between the years 2018 and 2019. Previously, Mr. Labuto was Chief Executive Officer of BB Seguridade Participações S.A.; Insurance, open Pension Plans and Capitalization Officer (March 2013 to April 2015); Loans and Financing Officer (February 2012 to March 2013); General Manager at the Affiliated Entities Governance Unit (November 2011 to February 2012) and General Manager at the Strategic Partnerships Unit (August 2011 to November 2011) at Banco do Brasil. Mr. Labuto was a member of the Board of Directors of BB Seguridade Participações S.A.; Banco Votorantim; Brasilcap Capitalização S.A.; IRB Brasil Resseguros; Elo Participações S.A.; Companhia Brasileira de Soluções e Serviços; BB Mapfre SH1 Participações S.A.; Mapfre BB SH2 Participações S.A.; Brasilprev Seguros e Previdência S.A.; CIELO S.A.; Vale S.A.; Brasildental Planos Odontológicos; Alelo S.A; Movera S.A; Livelo S.A; and Banco CBSS. He has acted as a member of the Advisory Committee of Brasilprev Seguros e Previdência; member of the Executive Committee of Grupo Segurador BB and Mapfre; member of the CIELO S.A.’s Innovation Committee and member of Vale S.A.’s Compliance and Risk Committee Mr. Labuto graduated in Business Administration from UNB (University of Brasília) with an MBA in Marketing from Instituto de Pós-Graduação em Administração e Pesquisa da Universidade Federal do Rio de Janeiro (Postgraduate Institute in Administration and Research at the Federal University of Rio de Janeiro – COPPEAD UFRJ).