5 de March de 2024

Corporate Governance and Senior Management

1.Fundamentals of corporate sustainability management
2. Risk management
3. Corporate governance practices
4. Business ethics
5. Maintaining the competitive environment
6. Management of legal and regulatory environments

Cedro is one of the longest-lived publicly-traded companies in our country. It has shares listed on B3 where, since 2003, it has been Level I of Corporate Governance. In 2011, it adhered to the “ABRASCA Code of Self-Regulation and Good Practices for Publicly-Traded Companies”.

Control of the company is exercised through a Shareholders’ Agreement. Cedro’s solid governance structure comprises the following bodies: General Meeting, Board of Directors, and Executive Board.

Operations are autonomous and decentralized, with no overlapping positions. The Chairman of the Board does not have any executive ties to the company. The body has 3 committees: Audit, Risk Management and Strategy Committee, Governance and Compliance Committee, and Remuneration, Evaluation and Succession Committee. Performance, risk, and opportunity analysis meetings are held weekly by the board of directors and monthly by the Board of Directors.

Also noteworthy is the Code of Conduct, established in 2005, which guides the beliefs, values and behaviors adopted in the company. Compliance is ensured by the Conduct Committee made up predominantly of company employees.