Management

administração

Board of Directors

The Company is managed by the Board of Directors, which is currently comprised of 7 members. Directors are elected by the annual shareholders’ meetings for a term of office of two years. Directors should be the Company’s shareholders. Directors can be removed by the shareholders on any time. The duties of the Board of Directors include: to lay down the Company’s overall policies, elect the officers, supervise the Management and approve certain transactions carried out by the Company. The Board of Directors, in conformity with the Bylaws, consists of, at minimum, five and, at maximum, seven members. The current composition of the Board of Directors is as follows:

Name Date of Birth Title
Bruno Campos Garfinkel 10/1977 Chairman
Marco Ambrogio Crespi Bonomi 05/1956 Vice Chairman
Ana Luiza Campos Garfinkel 10/1980 Director
Luiz Alberto Pomarole 04/1963 Director
Pedro Luiz Cerize 09/1969 Independent Director
Fabio Luchetti 12/1965 Director
Márcio de Andrade Schettini 05/1964 Director

Bruno Campos Garfinkel is graduated in Business Administration from Universidade Presbiteriana Mackenzie in 2001 and concluded an MBA at Boston University in 2004. He has been a member of the Company’s Board of Directors since 2017. He joined Azul Companhia de Seguros Gerais, an insurance company controlled by the Company, as a Trainee in 2004, taking over the position of Project Coordinator in 2005. In 2006, he took over the position of General Manager of the Branch (São Paulo). He joined Porto Seguro Companhia de Seguros Gerais, insurance company controlled by the Company, as Regional Officer in 2008 and was appointed Manager of Processes and Systems of Claims in 2009. In 2010, he took over the position of Superintendent of Auto Claims, appointed as Claims Officer in 2013 and elected as Executive Officer of Product – Automobile in 2015. He also occupies the position of Officer in the following companies: Pétalas Empreendimentos e Participações S.A., Pares Empreendimentos e Participações S.A., holding, Rosag Empreendimentos e Participações S.A., holding, both controlling companies of Porto Seguro Itaú Unibanco Participações S.A. Before joining Corporação Porto Seguro, he occupied the position of Private Investment Manager at Bank CCF – Banco de Investimento from 1999 to 2001.

Marco Ambrogio Crespi Bonomi graduated in Economics from Fundação Armando Álvares Penteado – FAAP in 1978. He concluded courses in financial executive improvement at Fundação Getúlio Vargas – FGV in 1982 and in capital markets at New York University in 1984. He has been a Member of the Company’s Board of Directors since March 2015, having held the position of Vice Chairman of the Board from March 2012 until this date. He is a member of the Board of Directors and Officer of Porto Seguro Itaú Unibanco Participações S.A., holding company of the Company since April 2015, where he also worked as Vice Chairman of the Board from March 2012 to this date. He has been a member of the Board of Directors of Itaú Unibanco Holding S.A. since April 2017, in which he also held the position of General Director from July 2015 to April 2017. At Itaú Unibanco S.A. he occupies the position of Chief Executive Officer since April 2015, having held the position of Vice President from August 2007 to March 2015, occupying the position of Executive Officer from April 2004 to April 2007; occupying the position of Senior Managing Officer from October 2000 to April 2004 and occupying the position of Managing Director from August 1998 to October 2001. At Unibanco – União de Bancos Brasileiros S.A., he occupied the position of Executive Officer from November 2008 to June 2014. He also worked as Vice-President of the Brazilian Association of Credit, Financing and Investment Institutions (ACREFI – Associação Nacional das Instituições de Crédito, Financiamento e Investimento) from April 2004 to April 2011.

Ana Luiza Campos Garfinkel graduated in Law from Fundação Armando Alvares Penteado (FAAP) in 2005 and earned a specialization degree in Tort Law from Fundação Getúlio Vargas (FGV) in 2007. Ms. Garfinkel worked from 2001 to 2005 at the Machado, Meyer, Sendacz and Opice Advogados law firm, the Souza, Cescon, Barrieu and Flesch Advogados law firm and in the State Public Prosecutor’s Office. She began her career in the social responsibility area of the Porto Seguro group by joining the Crescer Sempre Association, a non-profit educational association located in the Paraisópolis community, where she remains as Chairwoman. She is also a member of the Executive Board of the Pares Empreendimentos e Participações S.A. holding company, and Fazenda Periquitos Sociedade Agropecuária Ltda.

Luiz Alberto Pomarole graduated in Business Administration at Faculdades Oswaldo Cruz in 1986. He has been a member of the Company’s Board of Directors since March 2018. He worked as Chief Executive Officer of the Company from March 2012 to November 2017. He joined Porto Seguro Companhia de Seguros Gerais, an insurance company controlled by the company, in 1979, as an office assistant, taking over the position Auto Acceptance Manager in 1988. He was appointed Products Officer – Automobile in August 2000 and answered as Vice President until March 2012, when he started working as General Director – Automobile Product, as of March 2016. He held the same position at Itaú Seguros de Auto e Residência S.A., an insurance company controlled by the Company, from March 2016 to November 2017. He also held the position of General Director in the companies: Porto Seguro Vida e Previdência S.A., Porto Seguro – Seguro Saúde S.A. (insurance companies); Porto Seguro Capitalização S.A. (capitalization company) and Porto Seguro Administradora de Consórcios Ltda. (consortium management company). He also worked as Director in the companies Azul Companhia de Seguros Gerais (insurance company) up to January 2018; Porto Seguro Serviços Odontológicos Ltda. (group dental care company); Porto Seguro Serviços e Comércio S.A., Porto Seguro Atendimento Ltda., Porto Seguro Renova – Serviços e Comércio Ltda., Porto Seguro Locadora de Veículos Ltda. and Porto Seguro Renova – Serviços e Comércio de Peças Novas Ltda. (service providers), all controlled by the Company, up to November 2017. He occupied the position of General Director of Porto Seguro – Seguros del Uruguay S.A. (insurance company) up to February 2016. He worked as Director of Portoseg S.A. – Credito, Financiamento e Investimento (financial company) from April 2010 to May 2016. He occupies the position of Vice-President of Federação Nacional de Seguros Gerais – FenSeg.

Pedro Luiz Cerize is an Independent Board Member of CVI, OHL and COPEL. He graduated in Business Administration from Fundação Getúlio Vargas – São Paulo and has a MBA in Finance from IBMEC – Instituto Brasileiro de Mercado de Capitais. He worked for Corretora Socopa, Fator and Banco BBA Creditanstalt. He is one of the founders and managers of Skopos Administradora de Recursos. In 2008 he was elected for the first time as a member of the Board of Directors of Porto Seguro S.A.

Fábio Luchetti is a company administrator graduated from Faculdade de Administração e Ciências Econômicas Sant’Anna in 1986. He concluded a professional update in High Performance in Leadership (Madrid) and in Adigo (SP), where he had contact with anthroposophy and its archetypes, both found in his management style. He has been a member of the Company’s Board of Directors since March 2018. He worked as Chief Executive Officer of the Company from August 2012 and March 2018, previously working as Executive Vice-President. He works as Director of Porto Seguro Itaú Unibanco Participações S.A., the holding company of the Company, since its incorporation in 2009. In 1984 he joined Porto Seguro Companhia de Seguros Gerais, an insurance company controlled by the Company, as a collection assistant, taking over the position of Technical Manager in 1996 and promoted to Issue Officer in August 2000. He took over the Operations Office in March 2001 and has answered as Executive Vice President between March 2006 and August 2012, when he became the Chief Executive Officer. On the same occasion, he was elected Chief Executive Officer of the Company and its subsidiaries, highlighting: Porto Seguro Vida e Previdência S.A., Porto Seguro – Seguro Saúde S.A., Azul Companhia de Seguros Gerais, Itaú Seguros de Auto e Residência S.A. (insurance companies), Porto Seguro Capitalização S.A. (capitalization company), Health for Pet Administradora de Planos de Saúde para Animais de Estimação S.A., Porto Seguro Atendimento Ltda., Porto Seguro Telecomunicações Ltda., Porto Seguro Gerenciamento de Informações Ltda., Porto Seguro Investimentos Ltda., Porto Seguro Serviços Médicos Ltda., Porto Seguro – Bioqualynet Saúde Ocupacional e Segurança do Trabalho Ltda., Porto Seguro Proteção e Monitoramento Ltda. (service providers), Portomed – Porto Seguro Serviços de Saúde Ltda. e Porto Seguro Serviços Odontológicos Ltda. (group health and dental care companies). He is also the Chief Executive Officer of Instituto Porto Seguro and Associação Campos Elíseos Mais Gentil.

Márcio de Andrade Schettini graduated in Electrical Engineering and a Master‘s degree in Administration from the Pontifical Catholic University of Rio de Janeiro – PUC Rio, where he also specializes in mathematical systems and modeling. Master of Finance from the University of London. He also attended OPM at the Harvard Business School. He has held the position of Managing Director since July 2015 at Itaú Unibanco Holding SA. He has held the same position as General Manager at Itaú Unibanco SA since April 2015, where he also served as Vice President from November 2008 to March 2015. Already in Unibanco – União de Bancos Brasileiros SA, he held the position of Executive Vice-President from April 2004 to April 2009.

Supervisory Board

Brazilian Corporate Law requires the Company to maintain a permanent supervisory board or maintain it only in the fiscal years in which its establishment is requested by the shareholders. The Bylaws provides for the establishment of a non-permanent supervisory board consisting of five members and equal number of alternates. The supervisory board is a separate body, independent from the Company’s management and independent auditors. The primary duties of the supervisory board are to inspect the actions performed by the officers and directors, issue an opinion on certain proposals presented by management bodies to be submitted to the approval of the annual shareholders’ meeting, analyze the Company’s financial statements and report any misstatements, frauds or crimes known by the supervisory board to the management bodies and the annual shareholders’ meeting.

The members of the supervisory board, if one is in place, will be elected during the annual shareholders’ meetings for terms of office of two years, reelection being permitted. Pursuant to Law 6,404/76, the supervisory board cannot include members of the Company’s Board of Directors or Board of Executive Officers, or also any Employees or spouse or relative up to the third degree of any member of the Company’s management.

 

Name Date of Birth Title
Alfredo Sérgio Lazzareschi Neto 04/1975 Member of the Fiscal Council
Edson Frizzarim 11/1961 Member of the Fiscal Council
Andréa Noceto Degli Oddi 10/1945 Member of the Fiscal Council

Alfredo Sérgio Lazzareschi Neto is a lawyer graduated from Faculdade de Direito do Largo de São Francisco, post-graduated in Real Estate Law from Universidade SECOVI-SP in 2003 and concluded specialization courses in Harvard Extension School (Cyberlaw and Society, 2000; American Constitutional Law, 2000), Harvard Law School, Berkman Center for Internet and Society, Cambridge, Massachusetts (E-Commerce; Internet Law Program, 2001), Illinois Institute of Technology, Chicago-Kent College of Law, Chicago, Illinois (Legal Aspects of E-Commerce, 2002), Universidad de Buenos Aires (Post-Graduation Program, Telematic Contracts, 2002). Member of Sampaio, Katalan e Lazzareschi Sociedade de Advogados since 2012. He worked as a Member of the Audit Committee of Porto Seguro S.A. (Novo Mercado of BM&FBovespa) from 2010 to 2015. He worked as Legal Coordinator of the Victor Malzoni Group from 2012 to 2017, as Member of the Board of Directors of PomiFrutas S.A. (Novo Mercado of BM&FBovespa), from April 2016 to June 2017. He works as a Board Member of the Higher Council of Legal and Legislative Affairs (CONJUR – Conselho Superior de Assuntos Jurídicos e Legislativos) of FIESP since 2011, and as Vice-Chairman of the Committee of Capital Markets and Corporate Governance of the Brazilian Bar Association (OAB-SP) since 2011, as former Member of the Board of Directors of the São Paulo Association of Lawyers (AASP – Associação dos Advogados de São Paulo), and as a former partner of Lazzareschi, Hilal, Bolina e Rocha Advogados, in which he worked from 1998 to 2012.

Edson Frizzarim graduated in Business Administration from Universidade São Judas Tadeu since 1984, graduated in Accounting from Universidade São Judas Tadeu in 1988 and concluded the “Lato Sensu” post-graduation in Internal Audit from Fundação Escola de Comércio Álvares Penteado – FECAP in 1993. He concluded the improvement courses of Introduction to Underwriting Course – Property and Liability Course in 2001 at Insurance Institute of America and Executive MBA in Insurance from Ibmec in 2003. He worked as Officer of Porto Seguro Administradora de Consórcios (consortium management company) from 2004 to 2016. He worked as Officer of Porto Seguro Companhia de Seguros Gerais (insurance company), responsible for the Elementary Branches, from 2009 to 2016. He also worked as Officer of Porto Seguro Capitalização (capitalization company) from 2012 to 2016, having worked in the Executive Board of other companies of Porto Seguro throughout his career.

Andréa Noceto Degli Oddi graduated in civil engineering at Escola Politécnica da USP. He worked for 18 years as Superintendent of the Montedison Group, one of the largest Italian industrial holdings. Back in Brazil, he occupied the position of Deputy Officer at Porto Seguro Companhia de Seguros Gerais.

Executive Officers

The Executive Board will be composed of at least three (3) and a maximum of nine (9) members, who can be elected and removed at any time by the Board of Directors, namely: one (1) CEO, one (1) Vice-President – Auto Insurance, one (1) Vice President – Controller and Finance, one (1) Vice-President – Support and Governance, one (1) Vice President – Financial Business, Investments, Life and Pension, one (1) Vice-President – Products and Services, one (1) Vice-President – Property & Casualty and Health Insurance, one (1) Vice-President – Insurance Brokers Channel and Online Sales and one (1) Investor Relations Officer, with a one-year term of office, reelection permitted. The Officers are responsible for the implementation of the Board of Directors’ decisions and the Company’s day-to-day management. Each Officer has also individual responsibilities defined by the Board of Directors.

The current Officers are the following:

Name Date of Birth Title
Roberto de Souza Santos 05/1961 Chief Executive Officer
Marcelo Barroso Picanço 05/1969 Executive Vice President – Insurance, Investments and Investor Relations
Celso Damadi 05/1969 Controller and Vice President
of Finance and Support
Lene Araújo de Lima 07/1972 Executive Vice President – Corporate
José Rivaldo Leite da Silva 08/1965 Executive Vice President – Commercial
Marcos Roberto Loução 07/1974 Executive Vice President – Financial and Service Businesses

The following is a summary of the professional background and areas of expertise of the Company’s current Officers:

Roberto de Souza Santos graduated in Business Administration from Universidade Federal Fluminense (1985). He was appointed to the position of Chief Executive Officer of Porto Seguro S.A. in March 2018, having previously held the position of Executive Vice President of the Company from September 2017 to March 2018 and the position of General Director – P&C and Health Insurance, between June 2016 and September 2017. He has been a member of the Board of Directors of Porto Seguro Itaú Unibanco Participações S.A., Porto Seguro’s holding company since April 2018. He joined Porto Seguro during the acquisition of Azul Companhia de Seguros Gerais (former name of Axa Seguros do Brasil S.A.) as a member of the Board of Directors of that company. At Porto Seguro Companhia de Seguros Gerais, an insurance company controlled by Porto Seguro S.A., he was elected Officer in 2011 and since March 2018 he has been the Chief Executive Officer. Since March 2018, he has been the Chief Executive Officer of the following subsidiaries: Itaú Seguros de Auto e Residência S.A., Porto Seguro Vida e Previdência S.A., Azul Companhia de Seguros Gerais and Porto Seguro – Seguro Saúde S.A. (insurance companies); Porto Seguro Capitalização (capitalization company); Porto Seguro Serviços e Comércio SA, Health for Pet Administradora de Planos de Saúde para Animais de Estimação S.A., Porto Seguro Proteção e Monitoramento Ltda., Porto Seguro Investimentos Ltda., Porto Seguro Atendimento Ltda., Porto Seguro Locadora de Veículos Ltda., Porto Seguro Serviços Médicos Ltda., Porto Seguro Ocupacional e Segurança do Trabalho Ltda. e Crediporto Promotora de Serviços Ltda. (service providers); Portomed – Porto Seguro Serviços de Saúde Ltda. and Porto Seguro Serviços Odontológicos Ltda. (group health and dental care companies); Porto Seguro Institute and Campos Elíseos Mais Gentil Association (non-profit associations).

Marcelo Barroso Picanço has a Master’s Degree from COOPPEAD (UFRJ)/Wharton School University of Pennsylvania. He also has a degree in Electronic Engineering from the Instituto Tecnológico de Aeronáutica (ITA). He is Executive Vice-President – Insurance, Investments and Investor Relations Officer. He joined the Corporation in July 2006 as Head Officer of Portoseg S.A. – Credit, Financing and Investment and of Portopar Distribuidora de Títulos e Valores Mobiliários Ltda. Currently, he is Executive Officer of Insurance and Investments of the following companies: Porto Seguro Companhia de Seguros Gerais, Itaú Seguros de Auto e Residência S.A., Porto Seguro Vida e Previdência S.A., Azul Companhia de Seguros Gerais, Porto Seguro – Seguros Del Uruguay S.A. and Porto Seguro – Seguro Saúde S.A. (insurance companies); Porto Seguro Capitalização (capitalization company); Portoseg S.A. – Credit, Financing and Investment (financial company); Portopar Distribuidora de Títulos e Valores Mobiliários Ltda (financial company); Porto Seguro Investimentos Ltda. and Porto Seguro Telecomunicações Ltda. (service providers). He also holds the position of Executive Officer of Porto Seguro Administradora de Consórcios Ltda. (Consortium Management Company). Before joining Porto Seguro, he held the position of Financial Services Head Officer at the consulting firm Booz Allen Hamilton (currently Booz&Co), in which he developed projects of strategic positioning, organizational design and transformation for leading companies in Brazil and Latin America.

Celso Damadi graduated in Accounting from Universidade Mackenzie (1996). In 2001, he concluded the Controllership course and, in November 2005, he completed his MBA in Business Administration, both from the Fundação Getúlio Vargas. He joined Porto Seguro Companhia de Seguros Gerais, an insurance company controlled by Porto Seguro S.A. in 2005, as controllership manager, taking over the position of Superintendent of Controllership in 2010 and being promoted to Controllership Officer in August 2011, becoming Executive Vice-President – Financial and Controllership in 2016 and since March 2019 has held the position of Executive Vice-President of Controllership and Support. He also acts as Executive Vice-President of Controllership and Support in the following companies controlled by the Company: Azul Companhia de Seguros Gerais, Porto Seguro Vida e Previdência SA, Porto Seguro – Seguro Saúde SA, Itaú Seguros de Auto e Residência S.A. and Porto Seguro Capitalização S.A. (capitalization company). He holds the position of Controllership Officer of the following companies: Porto Seguro Telecomunicações Ltda. and Health For Pet Manager, Health Plans for Pets S.A. (service companies). Furthermore, he holds the position of Chief Financial Officer of the Porto Seguro Institute and of the Campos Elíseos Mais Gentil Association. He is the Chairman of the Fiscal Council of Portoprev – Porto Seguro Previdência Complementar since May 2015. Moreover, he has the position of Executive Officer of the following companies controlled by the Company: Porto Seguro – Seguros del Uruguay S.A. (insurance companies), Porto Seguro Administradora de Consórcios Ltda. (consortium management company), Portopar Distribuidora de Títulos e Valores Mobiliários Ltda. and Portoseg S.A. – Credit, Financing and Investment (financial companies), Porto Seguro Proteção e Monitoramento Ltda., Porto Seguro Investimentos Ltda., Porto Seguro Serviços Médicos Ltda., Porto Seguro Ocupacional e Segurança do Trabalho Ltda., Porto Seguro Veículos Ltda., Porto Seguro Renova – Serviços e Comércio de Peças Novas Ltda. and Porto Seguro Assessoria Documental Ltda. (service providers). He occupied the position of Head Officer of Bioqualynet Sul Saúde Ocupacional e Segurança do Trabalho from February 2013 to June 2015, when the company was closed. He is a member of the Board of Directors of the Leading Insurance Company of the Insurance Consortium DPVAT S.A..

Lene Araújo de Lima is a lawyer, graduated at Universidade Braz Cubas in 1997, specialized in Civil Procedure at COGEAE/PUC-SP in 2000 and concluded an International Executive MBA at Fundação Instituto de Administração de São Paulo – FIA in 2008. He started his career at Porto Seguro Companhia de Seguros Gerais, insurance company controlled by Porto Seguro S.A., in 1994, at the Legal Department. In 2002, he was promoted to Legal Manager and, in June 2008, he took over the Legal Board, in which he was responsible for the Legal, Syndication, Fraud Prevention, Internal Controls, Supplies, Construction Works, Processes, Projects and Corporate Security areas. Currently, he is the Executive Vice-President – Corporate of the Company and its subsidiaries; Azul Companhia de Seguros Gerais (insurance company), Health for Pet Administradora de Planos de Saúde para Animais de Estimação S.A., Porto Capital Gestora de Recursos S.A., Porto Seguro Telecomunicações Ltda. (service providers). He is Director of Portopar Distribuidora de Títulos e Valores Mobiliários Ltda., Portoseg S.A. – Credit, Financing and Investment (financial companies); Porto Seguro Administradora de Consórcios Ltda. (consortium management company); Portomed – Porto Seguro Health Services Ltda. and Porto Seguro Serviços Odontológicos Ltda. (group medicine and dentistry societies); Porto Seguro Serviços e Comércio SA, Porto Seguro Porto Seguro Investimentos Ltda., Porto Seguro Serviços Médicos Ltda., Porto Seguro Saúde Ocupacional e Segurança do Trabalho Ltda., Porto Seguro Locadora de Veículos Ltda. and Porto Seguro Assessoria Documental Ltda. (companies providing services). He is Legal Officer of the Porto Seguro Institute and the Campos Elíseos Mais Gentil Association. He was President of the Fiscal Council of Portoprev – Porto Seguro Previdência Complementar until May 2015 and Director of Bioqualynet Sul and Porto Seguro Saúde Ocupacional e Segurança do Trabalho Ltda. from February 2013 until its closure in June 2015.

José Rivaldo Leite da Silva graduated in Business Administration at Faculdade Senador Fláquer in 1995, he concluded a specialization in Marketing Management at Escola Superior de Propaganda e Marketing – ESPM, and concluded another specialization in Consultant Training at Adigo in 2007. He joined Porto Seguro Companhia de Seguros Gerais, insurance company controlled by Porto Seguro S.A., in 1996 as Regional Production Manager, taking over the position of Branch Production Manager in 2000. In 2006, he took over the position of Branch Superintendent, appointed as Regional Officer in September 2007 and, since October 2009, holding the position as a Production Officer. Since March 2016, he became Executive Vice-President of Insurance Brokers and Online Sales and in March 2019, he assumed the role as Executive Vice-President – Commercial. He occupies this same position in the companies: Itaú Seguros de Auto e Residência S.A., Porto Seguro Vida e Previdência S.A., Azul Companhia de Seguros Gerais, Porto Seguro – Seguro Saúde S.A. (insurance companies) and Porto Seguro Capitalização S.A. (capitalization company). Furthermore, he holds the position of General Director of Porto Seguro Proteção e Monitoramento Ltda. (service provider) since June 2017. He also occupied the position of Executive Officer in the company Porto Seguro Atendimento Ltda. from November 2013 to June 2016.

Marcos Roberto Loução Marcos Roberto Loução is a statistician, graduated from the Federal University of Paraná in 2000, has completed a postgraduate course in Project Management – PMI / FGV in 2003, and in 2004, an MBA in Corporate Management from Fundação Dom Cabral; whereas in the same year he completed another post graduate MBA degree from the Kellogg School of Management. He joined the Company in April 2008 as a Risk and Operations Manager, where he currently fulfills the role as an Executive Officer since July 2010. He holds the position of Executive Officer of the company Porto Seguro Administradora de Consórcios Ltda. since April 2012. He was also appointed to the position of General Manager of the company Porto Seguro Companhia de Seguros Gerais in October 2013, where he now holds the position of Product Manager– Property & Casualty, and as well to the position of Director of the companies Porto Seguro Vida e Previdência S.A. and Porto Seguro Saúde S.A., occupying this position nowadays. He holds the position of Director of Porto Seguro Serviços e Comércio S.A. since April 2015. Furthermore, he was appointed to fill the position of Product Manager – Capitalization of the company Porto Seguro Capitalização S.A in September 2017. He was as well elected to the position of Product Manager – Homeowner, of the company Itaú Seguros de Auto e Residência S.A. As last, on March 29, 2019, he was elected to hold the position of Executive Vice President of Financial and Service Businesses of the Company Porto Seguro S.A.

Audit Committee

Our Audit Committee is comprised of the following members:

Name Date of Birth Title
Fernando Kasinski Lottenberg 01/1962 Member of the Audit Committee
Lie Uema do Carmo 12/1976 Member of the Audit Committee
Paulo Sérgio Miron 07/1966 Member of the Audit Committee

Fernando Kasinski Lottenberg graduated in Law at the Law School of Universidade de São Paulo in 1983, concluded a Master’s degree in Philosophy and General Theory of Law in 1991 and concluded a PhD degree in Public International Law in 1998, both t the Law School of Universidade de São Paulo. He concluded a specialization in the Development Program of Board Members (PDC) at Fundação Dom Cabral in 2014. He is proficient in English, French and Italian. Lawyer who works in Business Law, partner-owner of Lottenberg Advogados Associados. He worked as Legal Adviser of the Presidency of Federação e Centro das Indústrias of the State of São Paulo from October 1998 to September 2004. He was a member of the Company’s Audit Committee from December 2005 to December 2010 and has since became a member again since March 2016. He also worked as a member of the Company’s Board of Directors from March 2016 to March 2018 and worked as Independent Board Member until March 2016. He has also worked as a member of the Audit Committee since March 2016. He is Board Member and Member of the Personnel Committee of Hospital Israelita Albert Einstein, Chairman of CONIB – Confederação Israelita do Brasil, Chairman of the Deliberative Board of CIAM – Centro Israelita de Apoio Multidisciplinar and Board Member of the Museu Lasar Segall.

Lie Uema do Carmo concluded a PhD in Commercial Law at USP in 2012, a Visiting Scholar at Columbia University in 2011), a Master’s in Civil Law at PUC/SP in 2006), a LL.M. at University of Chicago in 2003 and specialization course in International Trade Law at University Institute of European Studies and ILO/ONU). She worked as academic coordinator of the Professional Master Program stricto sensu of FGV Law SP and several lato sensu courses of the same institution. She has worked as a lawyer in São Paulo, specialized in M&A, Corporate Law and Contracts Law since 1999. She is also a professor of Professional Master Courses, graduate and undergraduate courses at FGV Law SP, currently ministering courses on M&A, Capital Markets and Corporate Law and Corporate and Market Operations.

Paulo Sérgio Miron graduated in accounting sciences at Universidade São Judas Tadeu, São Paulo/SP and in economics at Universidade Mackenzie, also in São Paulo/SP. He started his career in auditing in 1985, working as a partner in PricewaterhouseCoopers Brasil from 1996 to January 2015. He has an extensive experience in carrying out audit works in financial institutions, dedicating to this field for over thirty (30) years, working as the partner responsible for auditing large Brazilian Financial Conglomerates, among them: Unibanco – União de Bancos Brasileiros (1997 a 2000), Banco do Brasil (2001 a 2005) and Itaú Unibanco (2009 a 2013). He worked as the partner responsible for the office of PricewaterhouseCoopers in Brasilia from 2001 to 2008 and was also the partner responsible for the government services area of ​​PricewaterhouseCoopers Brasil from 2004 to 2008. He worked as the partner responsible for the banking area of PricewaterhouseCoopers Brasil from 1997 to 2008. He was the coordinator of the training area at financial institutions of PricewaterhouseCoopers Brasil for over ten (10) years and worked as a university professor for a few years teaching subjects related to the financial market. He is a member of the Brazilian Institute of Accountants and lecturer in several seminars related to financial instruments and auditing. He has worked as a member of the Audit Committee of Porto Seguro S.A. since April 2015.

Regulation of the Audit Committee of the Porto Seguro Conglomerate

People Committee

Our People Committee consists of the following members:

Name Date of Birth Title
Jayme Brasil Garfinkel 11/1946 Member of the People Committee
Fabio Luchetti 12/1965 Member of the People Committee
Roberto de Souza Santos 05/1961 Member of the People Committee
Remuneration Committee

Our Remuneration Committee is made up of the following members:

Name Date of Birth Title
Jayme Brasil Garfinkel 11/1946 Member of the Remuneration Committee
Fabio Luchetti 12/1965 Member of the Remuneration Committee
Celso Damadi 05/1969 Member of the Remuneration Committee
Dorailson Pereira de Andrade 06/1963 Member of the Remuneration Committee

Dorailson Pereira de Andrade graduated in Economics, he is a partner and a General Director of Ideecon Consultoria Empresarial Ltda., a business management advisory firm focused on organizational and people development. He has worked for 28 years in people management and organization, developing works related to organizational diagnostics, strategy decoding and organizational design, HR strategy, compensation planning, performance management, skills and short-term and long-term incentive programs. He was a Credicard executive for 10 years and an advisor and officer of the Hay Group for 14 years.

Integrated Risk Committee

Our Integrated Risk Committee is composed of the following members:

Name Date of Birth Title
Luiz Alberto Pomarole 04/1963 Member of the Integrated Risk Committee
Marco Ambrógio Crespi Bonomi 05/1956 Member of the Integrated Risk Committee
Celso Damadi 05/1969 Member of the Integrated Risk Committee
Lene Araújo de Lima 07/1972 Member of the Integrated Risk Committee
Investment Committee

Our Investment Committee is composed of the following members:

Name Date of Birth Title
Pedro Luiz Cerize 09/1969 Member of the Investment Committee
Marcelo Barroso Picanço 05/1969 Member of the Investment Committee
Bruno Campos Garfinkel 10/1977 Member of the Investment Committee
Izak Rafael Benaderet 10/1974 Member of the Investment Committee
Caio Ibrahim David 01/1968 Member of the Investment Committee

Izak Rafael Benaderet graduated in Economics at PUC and concluded a MBA in Finance at IBMEC. He joined the Corporation in November 2013, as Officer of Portopar Distribuidora de Títulos e Valores Mobiliários Ltda. and Porto Seguro Investimentos Ltda., responsible for resolving on the allocation of funds for the portfolios managed by the companies of the Porto Seguro group and the management of third-party funds. Before joining the Porto Seguro Corporation, he occupied the position of Officer at BNP Paribas Asset Management, in which he was responsible for the management and strategies of Fixed Income, Multimarkets and Credit, with coverage in the markets of currency, interest, credit, stock market and commodities.

Caio Ibrahim David graduated in Engineering at Universidade Mackenzie from 1986 to 1990, concluded a post-graduation in Economics and Finance at Universidade de São Paulo from 1992 to 1993, a Master’s degree in Controllership also at Universidade de São Paulo from 1994 to 1997 and an MBA at New York Universityfrom 1997 to 1999) with specialization in finance, accounting and international business. Since 2010, he is a Partner and, since January 2017, Vice President of‐Presidente da Itaú Unibanco Holding S.A., currently responsible for the CFO and CRO roles of the conglomerate. He was Executive Officer from June 2010 to April 2015; has works as member of the Disclosure and Trading Committee since April 2010. He is the Vice ‐President of Itaú Unibanco S.A. since May 2013; Executive Officer from May 2010 to April 2013. He joined the group in 1987 as a trainee, working in the areas of controllership, control of market risks and liquidity and treasury. At Banco Itaú BBA S.A., he occupied the position of Chief Executive Officer from May 2008 to April 2010, the position of Officer from March 2003 to April 2008 working in the areas of finance, risk, market intelligence, products and operations. He occupies the position of member of the Board of Directors at Investimentos Bemge S.A. since April 2012 and worked as Vice ‐President from October 2010 to April 2013. Member of the Board of Directors of Dibens Leasing S.A. – Arrendamento Mercantil since July 2010. Itauseg Participações S.A. Executive Officer from April 2010 to April 2013 and Chief Executive Officer from May 2013 to March 2015. He worked as Vice‐Chairman of the Board of Directors of Redecard S.A. from June 2010 to December 2012 and as member of the Board of Directors from May 2010 to December 2012.

Ethics and Conduct Committee

Our Ethic and Cpnduct Committee is composed of the following members:

Name Date of Birth Title
Bruno Campos Garfinkel 10/1977 Member of th Ethic and Conduct Committee
Marco Ambrógio Crespi Bonomi 05/1956 Member of th Ethic and Conduct Committee
Lene Araujo de Lima 07/1972 Member of th Ethic and Conduct Committee
José Julio Carvalho de Melo 06/1960 Member of th Ethic and Conduct Committee
Orfeu Furquim de Campos Junior 09/1972 Member of th Ethic and Conduct Committee

José Júlio Carvalho de Melo graduated in Economic Sciences at Universidade Mackenzie and concluded a postgraduation in Marketing at FAAP. He occupies the position of Ombudsman of Porto Seguro since 2005. He joined Porto Seguro in 1991, where he works as Coordinator of Customer Service and was responsible for the implementation of the Customer Service within the Company. He also worked as Coordinator of the Customer Service Center and Coordinator of the Legal Department.

Orfeu Furquim de Campos Junior graduated in Economic Sciences, postgraduate in Business Management and specialized in Implementation and Management of Corporate Governance at IBGC – Instituto Brasileiro de Governança Corporativa. He joined Porto Seguro in 1998 as an internal auditor. In 2010, he took over the Internal Controls and Compliance Management and was responsible for the implementation of the procedures of Internal Control, Compliance and Money Laundering Prevention. In 2017, he took over the Internal Audit Superintendence, currently responsible for the work carried out at the companies controlled by Porto Seguro S.A. He is currently a member of IIA Brasil and a member of the Internal Control Committee of CNseg since 2006.