Hermes Jorge Chipp

Mr. Hermes Jorge Chipp majored in Electrical Engineer at the Federal University of Rio de Janeiro (UFRJ), having held officer positions at the National Electric System Operator (ONS) from October 1998 up to May 2016, where he worked as a Planning and Programming Executive Officer until December 2005, and afterwards, as a Managing Director, up to May 2016. Since September 2016, he has worked as a researcher and consultant at the Institute of Economics of UFRJ, where he performs activities in the Group of Electrical Studies-GESEL. Currently, he is a member of the Board of Directors in the following companies: Santo Antonio Energia, Taesa, Echoenergia (Actis Group) and Brasil Bio Fuels. The administrator above declares that in the last 5 years he has not had any criminal conviction; any conviction in any CVM administrative proceedings and penalties applied; and/or any final and unappealable conviction, in the judicial or administrative sphere, that had the effect of suspension or disqualification for the practice of any professional or commercial activity. Mr. Hermes is considered an independent member based on the independence criteria defined by the Level 2 Regulation of B3 S.A. – Brasil, Bolsa, Balcão.