Management - Santos Brasil

The Board of Directors of Santos Brasil, elected at the Annual Shareholders’ Meetings, must be composed by at least six and at most ten members, with a term of office of two years and being allowed the reelection. Representing the Company’s shareholders, one of the roles of the Board of Directors is to determine the long-term strategy of Santos Brasil.

Did you know that at least 40% of the directors of Santos Brasil must be independent? Access our Learn More page and understand what that means! Also access our Bylaws.

Name	Office	Election¹	Term¹
Verônica Valente Dantas	Chairwoman (independent)	04/25/2024	2 years
Holds a degree in Business Administration from the Bahia School of Business Administration and joined Opportunity Asset Management Ltda. in 1994, where she is still a managing partner. She has been a member of the Board of Directors of Brasil Telecom S.A., Telemig Celular Participações S.A., and Tele Norte Celular Participações S.A., among others, and an alternate member of the Board of Directors of Brasil Telecom Participações S.A.
Maria Amalia Delfim de Melo Coutrim	Vice-President (independent)	04/25/2024	2 years
Holds a degree in Economics from the Federal Rural University of Rio de Janeiro. She joined the Opportunity Group in 1994 and is currently a director of Opportunity Equity Partners Administradora de Recursos Ltda. She has been a member of the Board of Directors of Tele Norte Celular Participações S.A., Telemig Celular Participações S.A., Opportrans Concessão Metroviária S.A., and Brasil Telecom S.A. and was also a director of Opportunity Asset Management Ltda.
Valdecyr Maciel Gomes	Independent member	04/25/2024	2 years
Bachelor of Law from UFF and Master of Regulation Law from Fundação Getulio Vargas. Serves as President of CVC’s Board of Directors, sits on the Advisory Board of the Associação Nacional das Ferrovias Autorizadas (ANFA), and acts as alternate member of BRF’s Fiscal Council. Additionally, he is Primex Reit Asset Management’s Director, managing the Primex Brazil V FIM CP IE fund. Finally, he presides over ANBIMA’s Ethics Council.
Eduardo de Britto Pereira Azevedo	Independent member	04/25/2024	2 years
Bachelor in Economics from PUC-RJ, with an MBA from MIT. Is a Partner in Private Equity at Opportunity, where he joined in 2011. He holds the position of Chairman of the Board of Belem Bioenergia Brasil and serves on the CVC’s Board of Directors, Petrorecôncavo, and Agro SB, where he served as CEO until 2017.
José Luis Bringel Vidal	Independent member	04/25/2024	2 years
Bachelor in Electrical Engineering from the Mauá Instituto de Tecnologia, with an MBA from ESPM. Serves as Chairman of the Board of the Associação Nacional das Ferrovias Autorizadas (ANFA), sits on the Board of BEMISA, is a member of the Advisory Board of the Associação Brasileira das Empresas de Pesquisa Mineral (ABPM), acts as a consultant for Rio Tinto, and holds the position of CEO at WV Logística.
Vitor José Azevedo Marques	Independent member	04/25/2024	2 years
Bachelor’s degree in Engineering from the Federal University of Rio de Janeiro and Master’s degree in Logistics and Supply Chain Management from PUC Rio. Held the position of independent board member at brMALLS from 2022 to 2023 and participated in the People and Remuneration Committee. Currently, he is Managing Partner at Visagio Consultoria and an independent board member at Allos, a position he holds since 2023.
Marco Antonio Souza Cauduro	Independent member	04/25/2024	2 years
Bachelor in Economics from FEA-USP, with an MBA from MIT and a PhD in Finance from Fundação Getulio Vargas. Held the CEO position at Log-In from 2016 to 2020, served as President of the Board of Directors from 2020 to 2023, then becoming a regular member, a position he holds to this day. From 2020 to 2022 was CEO of CCR. He is a Founding Partner of Gloria Beauty and currently also serves as Managing Partner at Sol Copérnico.

¹ The Board of Directors is elected at the Annual Shareholder’s Meeting.

The Fiscal Council of Santos Brasil, elected at the Annual Shareholders’ Meetings, must be composed by at least three members and at most five members, with a term of office of one year and being allowed the reelection. Among the responsibilities of the Fiscal Council, there is the monitoring of management activities and compliance with their legal and statutory duties.

Want to learn more? Access our Bylaws.

Name	Office	Election¹	Term¹
Gabriel Lopes Winck	Sitting Member	04/25/2024	1 year
Bachelor’s degree in Business Administration from the Federal University of Rio de Janeiro. Worked as a Financial Planning Analyst at Multiplan Empreendimentos, then as Financial Planning Coordinator at Saphyr Shopping Center and later at Spot Educação. Joined Opportunity in 2019, where he holds the position of Associate and also serves as Financial Planning Coordinator at Cultura Inglesa.
Leonardo Guimarães Pinto	Sitting Member	04/25/2024	1 year
Bachelor in Accounting Sciences from UERJ, with an MBA in Corporate Finance from IBMEC-RJ. Is a Managing Partner in Private Equity at Opportunity, specializing in securities portfolio management, where he joined in 2001. He serves as a board member at Planalto Piauí and BEMISA, as well as a member of the Fiscal Council at CVC and the Audit Committee at Petroreconcavo.
Luís Fernando Moran de Oliveira	Sitting Member	04/25/2024	1 year
Bachelor in Administration from EAESP-FGV, completed the Executive Program at Kellogg School of Management with a focus on Corporate Financial Strategies for Creating Shareholder Value. With over 20 years of experience as an executive in investor relations, resource management, and investment analysis, he has built his career at companies such as WEG, Itaú Corretora, BNP Paribas, Bradesco, and Santander. He was a director at the Instituto Brasileiro de Relações com Investidores (IBRI), founded Wunderwald Comunicações, and currently serves as Head of Research at EQI Investimentos.

¹ The Fiscal Council is elected at the Annual Shareholders’ Meeting.

The Statutory Board of Santos Brasil, elected by the Board of Directors, must be composed by at least two and at most five members, with a term of office of two years and being allowed the reelection of the members. The Statutory Officers are responsible for executing the Board of Directors guidelines and for managing the day-to-day business.

Want to learn more? Access our Bylaws.

Name	Office	Election¹	Term¹
Antonio Carlos Duarte Sepúlveda	Chief Executive Officer and Operations Officer	05/17/2022	2 years
	Mr. Sepúlveda holds a degree in Civil Engineering from the Federal University of Bahia and an MBA from Saint Joseph’s University in Philadelphia. He has been working in the port sector since 1992 and in Santos Brasil since 2000. Mr. Sepúlveda was Chief Operating Officer of the Company from 2002 to March 2010, when he became Chief Executive Officer.
Daniel Pedreira Dorea	Chief Financial Officer and Investor Relations Officer	05/17/2022	2 years
	Holds a bachelor’s degree in Business Administration from the Federal University of Bahia, a bachelor’s degree in Law from the Catholic University of Salvador, and a post-graduation degree in Tax Law from IBET (Brazilian Institute of Tax Studies). He is a member of the ABCI Institute (Brazilian International Trade Scholars), headquartered in Washington, D.C. Mr. Dorea participated in the Commercial Policy Training Program promoted by the Brazilian Embassy in Washington, D.C., EUA, in 2008. He practiced law for five years and, subsequently, migrated to the private equity industry, where he worked at Opportunity Asset Management from 2011 to 2016. From 2013 to 2018, was a member of the Board of Directors of Santos Brasil, having been elected, in October, 2016, to the position of Economic-Financial and Investor Relations Officer, which he was reelected in 2018.
Ricardo dos Santos Buteri	Chief Commercial Officer	05/17/2022	2 years
	Hold’s a bachelor’s degree in Business Administration with emphasis in Human Resources from Nelson Abel de Almeida Institute, a post-graduation degree in International Commerce from Federal University of Espírito Santos and MBA in Business Management with emphasis in Logistics from Getúlio Vargas Foundation – FGV/Strong in Santos. He has vast experience in the logistics and port sectors, having served on the executive boards of Cotia Trading, Terminal Marítimo Ultrafertil and Grupo Bravante and, for the last four years, as Chief Operations Officer (COO) of Wine.com.br, where he oversaw Door-to-Door Imports, Procurement, Logistics, B2B/B2C Distribution and Customer Relations.

The Audit Committee of Santos Brasil must be composed of three members, with a term of office of two-year, being allowed reelection, and appointed by the Board of Directors, to whom they report directly. Among its responsibilities, the Audit Committee is responsible for evaluating the financial statements, overseeing Internal Audit services, and providing input on the hiring of the independent auditor.

Want to learn more? Access the Internal Audit Committee Regulations.

Name	Office	Election¹	Term¹
Rodrigo Silva Marvão	Sitting Member	04/23/2024	2 years
Bachelor’s degree in Economics from PUC-RJ and Master’s degree in Business Law from Fundação Getúlio Vargas. Joined Opportunity in 2017, where he holds the position of New Business Analyst. Currently, he is an independent board member of CVC, where he is also part of the Strategy and Innovation Committee, and of Unicasa.
Heldo Jorge dos Santos Pereira Junior	Sitting Member	05/17/2022	2 years
Bachelor’s degree in Law, with a specialization in Tax Law from Candido Mendes University. Is a Managing Partner at Pereira, Duque Estrada Advogados Associados, and also serves as Controller at Opportunity, where he joined in 2009.
Eduardo de Barros Montarroyos	Sitting Member	07/28/2022	2 years
Bachelor’s degree in Mathematics from UERJ. Works as an Executive Manager of Governance, Risk, and Compliance at Vale, a company he joined in 2007, and is a member of the Audit Committee of the group’s companies.