Fiscal Council

Valid’s Fiscal Council is a non-permanent body and may be installed by decision of the Shareholders’ Meeting or upon shareholders’ request, with the main duty of analyzing the Company’s Financial Statements. In 2012, the Company did not install a Fiscal Council. At the Extraordinary and Ordinary Shareholders‘ Meeting, the installation of the Fiscal Council was confirmed, upon request of shareholders representing more than 2% of the capital stock, pursuant to CVM Instruction 324 of January 19, 2000.

Name Position Date of Election Term of Office
William Cordeiro (Sitting Member) Fiscal Council Member 04/29/2020 1 year
Mr. William Cordeiro is a founding partner and variable income analyst at Alaska Investments since 2015. In 2014, he was a variable income analyst at Venturestar Capital Management. Since 2017, he has held fiscal positions with Marcopolo S.A. and with Randon S.A. Implementos e Participações. Since 2016, he works as an alternate member of the Fiscal Council of Log-In Logística Intermodal S.A. He also held the position of alternate member on the Fiscal Council of Rumo S.A. and Celesc S.A. He has a degree in Production Engineering (Universidade Federal de São Carlos).
Rodrigo Abud (Alternate Member) Fiscal Council Member 04/29/2020 1 year
Mr. Rodrigo Abud is a founding partner and business analyst at Alaska Investments since 2015. He has a degree in Business Management (Insper) and began his career in 2004 as a consultant at Nexia Villas Rodil. In 2005, he worked at Maxi Color and was founder and investment adviser at Proa Investimentos, where he worked until 2009. Then worked to the companies Advis and LAPB Gestão de Recursos.
Regis Lemos de Abreu (Sitting Member) Fiscal Council Member 04/29/2020 1 year
Mr. Regis Lemos de Abreu Filho is the Managing Partner of Tagus Investimentos and the manager responsible for its credit and stock funds. He worked as Senior Partner and CIO of Mercatto/Bozano Investimentos’ net funds for 15 years and was elected top Specialist Manager by Guia Exame (2006) and top Equity Fund Manager (2007). Regis begun his career in 1991 at Banco BMG. Between 1992 and 1996, he worked at MontrealBank and SRL, always in the investment’s management area. From 1996 to 2000, he worked for Banco Bozano, Simonsen as an investment manager in the Asset Management area and, subsequently, as the executive responsible for the management and analysis teams of the Bank’s own share portfolio, where he remained until Banco Bozano, Simonsen was sold to Banco Santander. Between 2000 and 2001, he was Head of Investment Management for Santander Brasil Asset Management (SBAM). Regis is currently vice-president of the Capital Market Investors Association (Amec). He was a member of Anbima’s Executive Board from 2007 to 2014. He holds a bachelor’s degree in Economics (UCAM – RJ).
Diogo Lisa Figueiredo (Alternate Member) Fiscal Council Member 04/29/2020 1 year
Mr. Diogo is a founding partner of Amazônia Capital, an investment analyst and fund manager. Previously, he was a partner and analyst at Rio Bravo Investimentos for 6 years and sales trader of variable income and derivatives at Ativa Corretora for 03 years. He graduated in Business Management (Fundação Getúlio Vargas – FGV) and is CFA-Certified.
Vanderlei da Rosa (Sitting Member) Fiscal Council Member 04/29/2020 1 year
Mr. Vanderlei has a degree in Accounting (Universidade Federal do Rio Grande do Sul) and specialization degrees in Capital Markets (Universidade Federal do Rio Grande do Sul) and Cost Accounting (Pontifícia Universidade Católica do Rio Grande do Sul). He has been a member of Fiscal Councils since 2000, and is currently a member of the Fiscal Council of Odontoprev S.A., Weg S.A., Equatorial Energia S.A., Centrais Elétricas do Pará S.A., Companhia Energética do Maranhão and Triunfo Participações e Investimentos S.A. He was a partner at HB Audit – Auditores Independentes S/S until July 2016, where he worked for over 25 years.
Murici dos Santos (Alternate Member) Fiscal Council Member 04/29/2020 1 year
Mr. Murici dos Santos is a lawyer, with a degree in Law (2007) and History (2002) both from Universidade de Guarulhos. He has a specialization degree in Corporate Law from FGV (2013/2014) and an update on Environmental Law from ESA-OAB. Chairman of the Prerogatives Committee and member of the Ethics Committee of the Brazilian Bar Association, Subsection 290 – Mairiporã/SP and Coordinator of Escola Superior da Advocacia (ESA), Subsection 290, Mairiporã/SP. He has been working as a corporate governance consultant since 2001, providing advisory and consulting services in the administrative, financial, corporate, tax and management areas in Boards of Directors and Fiscal Councils, working in the last years as a member of the Board of Directors and alternate member of the Fiscal Council of the companies: Tafibrás Participações S.A., Companhia Paranaense de Energia S.A, do Banco Nossa Caixa S.A.; Drogasil S.A.; Bicicletas Monark S.A.; M&G Poliéster S.A.; Santos Brasil S.A.; Medial Saúde S.A.; AES Tietê S.A., Têxtil Renauxview S.A; Guararapes Confecções S.A; Metalfrio Solutions S.A, among others. Currently, Mr. Murici dos Santos is an alternate member of the fiscal council of Rio Paranapanema S.A. (2014/2018), Tarpon Investimentos S.A (2016/2018); Profarma Distribuidora de produtos Farmacêuticos S.A. (2017/2018) Guararapes Confecções S.A (2018), Transmissora Aliança de Energia Elétrica S.A. (2018) and sitting member of the Fiscal Council of Valid Soluções S.A (2015/2018); Companhia Distribuidora de Gás do Rio de Janeiro – CEG (2017/2018) and Rossi Residencial S.A (2018).