Executive Officers, Board of Directors and Committees

Mr. Alexandre Honore Marie Thiollier Neto is Managing Partner of Brookfield Private Equity in Brazil, responsible for the execution of transactions. Mr. Alexandre has nearly 20 years of experience in private equity, investment banking and strategic consulting. Prior to joining Brookfield in 2017, he worked for Cartesian Capital Group and Capital International Private Equity, both emerging markets private equity funds covering Latin America. He has also held positions at Bear Stearns in New York and at Spectrum Strategy Consultants in São Paulo, advising investors, companies and governments on asset acquisitions, divestitures and debt and equity financing. Mr. Alexandre holds a degree in Business Administration from the Pontifical Catholic University of São Paulo and an MBA from the Tuck School of Business at Dartmouth College.

Mr. Jorge Augusto holds a degree in Civil Engineering from Faculdade Federal da Bahia (1998), with an extension course in Finance and Controllership from FIPECAFI (2007). He has served as Vice President of South and Southeast Operations at BRK Ambiental between 2017 and 2020, having under his responsibility more than 16 concessions. For 19 years he has worked on PPP’s, DBOT’s and EPC’s contracts in Engineering and Construction and real estate development in Brazil and Angola.

Mr. Felipe Cardoso de Gusmão Cunha holds a degree in Economics from PUC (Pontifical Catholic University-RJ), with a Master’s degree in Business Administration with emphasis in Finance from the same institution, in addition to specialization courses in national and international institutions. He has worked in M&A, Equity Research and Private Equity (Investments and Portfolio Management) activities for more than 20 years of career, in institutions such as Votorantim and Brookfield. He is currently the Company’s Chief Financial Officer (as of September, 2022).

Mrs. Daniela Mattos Sandoval Coli holds a Law degree from USP (University of São Paulo) with a master’s degree from the New York University School of Law focused in Corporate Finance and Capital Markets. She also has a specialization in the Energy Sector from ABCE (Brazilian Association of Electricity) and has credentials in administration (CORe by HBX from Harvard Business School) and a certification in Compliance (CCEP – Certified Compliance and Ethics Professional). Mrs. Daniela held positions at Suzano, AES Brasil and BP until 2018, when she started working at the Company.

Mr. Ramon has over twenty years of experience in strategic planning and new business development. He holds a degree in Economics from Fundação Santo André/Faculty of Administration, Economics and Accounting – FSA/FAECO, a specialization in People and Human Resources Development from Fundação Instituto de Administração FIA and an MBA in Business Administration from Fundação Getúlio Vargas – FGV.

Mr. Luiz Ildefonso Simões Lopes is a member of the Board of Directors of the Brazilian Symphony Orchestra and the Brazil-Canada Chamber of Commerce. He is also a member of the International Advisory Board of Fundação Dom Cabral, a world-renowned executive education center and member of the Board of Trustees of Fundação Getúlio Vargas, a leading academic and research center. Both organizations are in Brazil. He holds a degree in business administration from Faculdade Moraes Júnior and a specialization in Capital Markets from Fundação Getúlio Vargas (FGV). He is Senior Managing Partner at Brookfield Asset Management Inc. and is currently the Vice Chairman of Brookfield Brasil, having held the position of CEO of Brookfield Brasil from October 2007 to December 2017, as well as other senior management positions in that period. He was also President and CEO of Banco Brascan S.A. (currently BRKB Distribuidora de Títulos e Valores Mobiliários S.A.). Prior to joing the Brookfield Group, he was a Director of NATIVA Construções Elétricas S.A, and Liberal CCTVM, Superintendent Director and member of the Board of Directors of Magliano S.A CCVM, and Director of Banco FIAT and FIAT Leasing S.A. He was a member of the Business Council of UERJ and member of the Board of Directors of the Rio de Janeiro Stock Exchange.

Mr. Henrique Carsalade Martins is the Chairman of the Board of Directors at Tegra. He holds a degree in economics from PUC-RJ and an MBA from the University of Michigan. Henrique also serves as a Senior Advisor at Brookfield Asset Management, participating on the boards of BRK Ambiental, Unidas, Descarbonize, in addition to Tegra. From 2018 to 2023, Henrique was the CEO of Brookfield in Brazil, responsible for directly overseeing the company’s growth, operations, and the definition and monitoring of its investment strategies in the country. The executive has over 20 years of experience in the power generation industry and in mergers and acquisitions. He joined Brookfield Energia in 2009 and has since held various leadership positions, including Senior Vice President of Mergers and Acquisitions, COO, and CEO for Latin America.

Mr. Rafael Thor is the Managing Director of the Private Equity division at Brookfield Brasil Asset Management Investimentos Ltda. Prior to joining Brookfield, Mr. Rafael Thor worked at renowned law firms in New York and Rio de Janeiro. Mr. Rafael Thor holds a law degree from the State University of Rio de Janeiro (UERJ) and an LL.M from The University of Chicago Law School. Mr. Rafael Thor is a member of the Board of Directors of Unidas Locações e Serviços S.A., Unidas Locadora S.A., and Descarbonize Soluções S.A.

Mr. Patrick von Schaaffhausen has been the Senior Vice President of Brookfield Private Equity in Brazil since June 2022. Mr. Patrick von Schaaffhausen has over 20 years of experience, focusing on management, planning, and strategic consulting. Before joining Brookfield, he worked for Profarma Specialty, where he served as Vice President of Commercial Operations and Vice President of Strategy and Operations, being responsible for the commercial, operational, strategic planning, M&A, business development, strategic projects, and restructuring activities areas. He also held positions at the Boston Consulting Group (BCG), working on strategy and operations projects in Brazil and abroad, developing and implementing improvement initiatives in the operational, commercial, and strategic fronts. Mr. Patrick von Schaaffhausen holds a degree in Mechanical Engineering from the Polytechnic School of the University of São Paulo and an MBA from Columbia Business School. Mr. Patrick is a Board Member of Unidas Locações e Serviços S/A and a Member of the Strategy Committee of Hospital Alemão Oswaldo Cruz (pro bono).

Mr. Alexandre Honore Marie Thiollier Neto is Managing Partner of Brookfield Private Equity in Brazil, responsible for the execution of transactions. Mr. Alexandre has nearly 20 years of experience in private equity, investment banking and strategic consulting. Prior to joining Brookfield in 2017, he worked for Cartesian Capital Group and Capital International Private Equity, both emerging markets private equity funds covering Latin America. He has also held positions at Bear Stearns in New York and at Spectrum Strategy Consultants in São Paulo, advising investors, companies and governments on asset acquisitions, divestitures and debt and equity financing. Mr. Alexandre holds a degree in Business Administration from the Pontifical Catholic University of São Paulo and an MBA from the Tuck School of Business at Dartmouth College.

Mr. Sergio Bini is a career employee at Caixa Econômica Federal (“CEF”), and has served during his career as National Manager, National Superintendent and Executive Director of third-party asset management, working in the areas of structuring, distribution and management of investment funds. He has also served as Director of Planejar – Brazilian Association of Financial Planners and as a member of several fund committees of ANBIMA, representing CEF. He has more than 20 years of experience in the financial market, including 14 years in leadership positions in the investment funds area (Asset Management). He is currently Vice-President of Investment Funds at CEF. He has a master’s degree in Economics with an emphasis on behavioral finance and a Master’s in Business Economics, both from FGV, a postgraduate degree in finance from Fundação Dom Cabral and a degree in Business Administration from UFMG. He is also a portfolio and securities manager authorized by the CVM since 2016, and holds a Directors’ certification by the IBGC since 2017, as well as an ANBIMA Manager’s certification (CGA) since 2016 and Certified Financial Planner – CFP since 2013. He works as a professor of finance at FK Partners.

Mr. Pablo Costa Sarmento has a postgraduate degree in territorial development with an emphasis on housing policy, a postgraduate degree in Finance and Banking, a postgraduate degree in Business Management, an MBA in economics and business management and a degree in financial management. With more than 18 years of experience at CAIXA, he played prominent roles in the commercial, financial and housing areas. He served as CEO of Caixa Capitalização, a financial market joint venture launched in July 2021. He is currently CEO of CAIXA Asset, the 4th largest company in the sector, with more than 500 billion reais in assets under management. Mr. Pablo Sarmento does not have any criminal conviction or administrative proceeding by the CVM and the applicable penalties, or, however, any final and unappealable conviction, in the judicial or administrative sphere, which has suspended or disqualified him from practicing professional activity or commercial, and declares that he is considered a politically exposed person, in accordance with CVM Resolution No. 50, of August 31, 2021, as amended.

Mr. Luiz Ildefonso Simões Lopes is a member of the Board of Directors of the Brazilian Symphony Orchestra and the Brazil-Canada Chamber of Commerce. He is also a member of the International Advisory Board of Fundação Dom Cabral, a world-renowned executive education center and member of the Board of Trustees of Fundação Getúlio Vargas, a leading academic and research center. Both organizations are in Brazil. He holds a degree in business administration from Faculdade Moraes Júnior and a specialization in Capital Markets from Fundação Getúlio Vargas (FGV). He is Senior Managing Partner at Brookfield Asset Management Inc. and is currently the Vice Chairman of Brookfield Brasil, having held the position of CEO of Brookfield Brasil from October 2007 to December 2017, as well as other senior management positions in that period. He was also President and CEO of Banco Brascan S.A. (currently BRKB Distribuidora de Títulos e Valores Mobiliários S.A.). Prior to joing the Brookfield Group, he was a Director of NATIVA Construções Elétricas S.A, and Liberal CCTVM, Superintendent Director and member of the Board of Directors of Magliano S.A CCVM, and Director of Banco FIAT and FIAT Leasing S.A. He was a member of the Business Council of UERJ and member of the Board of Directors of the Rio de Janeiro Stock Exchange.

Mr. Rafael Thor is the Managing Director of the Private Equity division at Brookfield Brasil Asset Management Investimentos Ltda. Prior to joining Brookfield, Mr. Rafael Thor worked at renowned law firms in New York and Rio de Janeiro. Mr. Rafael Thor holds a law degree from the State University of Rio de Janeiro (UERJ) and an LL.M from The University of Chicago Law School. Mr. Rafael Thor is a member of the Board of Directors of Unidas Locações e Serviços S.A., Unidas Locadora S.A., and Descarbonize Soluções S.A.

Mr. Leonardo Kutova is a member of the Investments team in Brookfield’s Private Equity group, having joined the company in 2021. He has been directly involved in investments in Brazil and has also taken on interim executive roles in the group’s portfolio companies. Previously, Leonardo worked at Patron Capital, a London-based asset manager focused on Private Equity Real Estate, and before that, at BTG Pactual. Leonardo holds a Bachelor’s degree in Economics from Ibmec and an MBA with a concentration in finance from the London Business School.

Mr. Fabio Fukubara is a member of the Investments team in Brookfield’s Private Equity group, having joined the company in 2022 and worked on various investments in Brazil. Previously, Fabio worked at Morgan Stanley in the investment banking division, where he was responsible for advising on numerous M&A and capital markets transactions. Fabio holds a degree in Mining Engineering from the Polytechnic School of the University of São Paulo.

Mr. Guilherme Ribeiro de Oliveira has 20 years of experience in the Financial Market, having participated in the recovery plan for loss-making branches, the creation of a Joint Venture together with an IT multinational (M&A), developed an valuation to support impairment tests of the shares of the bank in the securities portfolio, implemented funding controls and improved the bank’s asset and liability allocation (A&LM) map, led the team that manages FGTS assets invested in fixed income and market in the order of R$ 150 billion, acted as Senior Consultant linked directly to the Vice President of Investment Funds at CEF and currently leads the management team of the FI-FGTS and the FGTS Managed Portfolio, which together have assets of around R$ 30 billion. He joined CEF in August 2005. He holds a degree in Economic Sciences from UFJF, an MBA in Business Management and Business Strategy from FGV and an MBA in Global Broker from IBMEC.

Mr. Alexandre Honore Marie Thiollier Neto is Managing Partner of Brookfield Private Equity in Brazil, responsible for the execution of transactions. Mr. Alexandre has nearly 20 years of experience in private equity, investment banking and strategic consulting. Prior to joining Brookfield in 2017, he worked for Cartesian Capital Group and Capital International Private Equity, both emerging markets private equity funds covering Latin America. He has also held positions at Bear Stearns in New York and at Spectrum Strategy Consultants in São Paulo, advising investors, companies and governments on asset acquisitions, divestitures and debt and equity financing. Mr. Alexandre holds a degree in Business Administration from the Pontifical Catholic University of São Paulo and an MBA from the Tuck School of Business at Dartmouth College.

Mr. Everton is an Accountant, PhD candidate, and holds a Master’s degree in Accounting Sciences (Finance and Financial Market) from FUCAPE Business School. He is a career employee at Caixa Econômica Federal, serving as the Executive Manager of Structured Funds Management in the Vice-Presidency of Investment Funds, as well as a full member of the Audit Committee and the Financial Committee of a company invested in by FI-FGTS. During his career at Caixa, he has held roles such as Client and Business Manager I and Executive Manager in Structured Funds Management in the Vice-Presidency of Investment Funds, Client and Business Manager III in Corporate Risk Management in the Vice-Presidency of Investment Funds, as well as General Manager and Relationship Manager in the Vice-Presidency of Network.

Mr. Alexandre Honore Marie Thiollier Neto is Managing Partner of Brookfield Private Equity in Brazil, responsible for the execution of transactions. Mr. Alexandre has nearly 20 years of experience in private equity, investment banking and strategic consulting. Prior to joining Brookfield in 2017, he worked for Cartesian Capital Group and Capital International Private Equity, both emerging markets private equity funds covering Latin America. He has also held positions at Bear Stearns in New York and at Spectrum Strategy Consultants in São Paulo, advising investors, companies and governments on asset acquisitions, divestitures and debt and equity financing. Mr. Alexandre holds a degree in Business Administration from the Pontifical Catholic University of São Paulo and an MBA from the Tuck School of Business at Dartmouth College.

Mr. Matheus Sabbag Leonel, with experience in managing Compliance teams, Internal Controls, Risk Management, and Internal Audit at companies such as PwC, Itaú Unibanco, Votorantim Cimentos, Grupo Fleury, and Brookfield. Over the past 6 years, he has led the implementation of a benchmark Compliance Program in the Healthcare sector. Now, he is responsible for monitoring and supporting the implementation of Compliance Programs in all companies within the Brookfield Asset Management portfolio (Private Equity) in Brazil. Mr. Matheus is a Certified Accountant with a certificate in HealthCareCompliance (2018) – He holds a degree in Public Administration from UNESP, Accounting from PUC/MG, a postgraduate degree in Auditing, and a Master’s in Business Administration from FECAP.

Mr. Paulo Cesar Carvalho Garcia has been Legal Director at Brookfield Brasil since January 2005. He is responsible for the execution of various businesses and operations in Brazil, as well as leading the group’s Compliance area in Brazil since August 2013. Prior to joining Brookfield Brasil, Paulo was Legal Director and Legal Superintendent at several companies including AMBEV, REXAM and CSN. Paulo also worked as a corporate and M&A attorney at Pinheiro Neto Advogados. He also participated in the Advanced Management Program of Fundação Dom Cabral/INSEAD in 2006 and holds a postgraduate degree in Business Law from the Pontifical Catholic University of Rio de Janeiro – PUC-Rio (1995) and completed his degree in Law from PUC in 1990.

Mr. Eduardo Alves de Oliveira joined Caixa Econômica Federal in January 2012, having worked in several areas, such as at GN Controle Institucional Conglomerado (Institutional Control), FUNCEF and SN Risco de Crédito (Credit Kisk), and currently leads the Clients and Business area at GN Gestão de Fundos Estruturados (Strutctured Funds). He served as Operations Supervisor at Empresa Brasileira de Correios e Telégrafos between 2008 and 2012. He served as a member of the Investment Technical Advisory Committee of FUNCEF between 2018 and 2019. He also worked as a member of the Financial, Capex and Audit Committees of VLI Logística S.A. between 2020 and 2021. He holds a degree in Business Administration from Centro Universitário Estácio / Facitec, an MBA in Administration and Finance from Centro Universitário Internacional and an MBA in Banking and Currencies from UNEPOS.

Mr. Arthur holds a bachelor’s degree in economics from the Cesumar University of Maringá. He has an MBA in Banking Products and Services Management and an MBA in Public-Private Partnerships and Concessions with an international module at University College London. Throughout his career at Caixa Econômica Federal, he has worked in various segments of retail, including as a personal banking manager and channel manager (lotteries, correspondents, and others), in agribusiness, particularly in corporate finance operations, and in the infrastructure superintendent with a focus on project finance operations for the sanitation, energy, and public lighting sectors. Currently, he is a Client and Business Manager, managing the infrastructure portfolio of the FI-FGTS, involving equity (shareholder) and debt (creditor).