GRUPO EQUATORIAL
Statutory Management Committee
The Statutory Audit Committee is made up of 3 (three) effective members elected by the Company’s Board of Directors and its scope is to: assist the Board of Directors in defining the quality standards of financial reports and internal controls and also evaluate the risks involved in accounting principles and their adequacy, proposing changes if necessary. It is also responsible for monitoring identified problems. Analyze and approve the risk management strategy of all Companies directly or indirectly controlled by Equatorial. (“Equatorial Group”); Advise the Board of Directors on risk exposures and analyze the level of risk within the Equatoial Group; Evaluate the effectiveness of the Equatorial Group’s risk management systems and reports to the Company’s Board of Directors; Identify risks arising from alternative strategies decided by the Board of Directors.
| Position | Election Date | Term of office | ||
|---|---|---|---|---|
| Tiago de Almeida Noel | Coordinator of the Statuary Management Committee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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Mr. Tiago Noel is responsible for investments in the electric power sector in the Opportunity funds, where he joined in 2020. He was a partner at the asset management firm Athena Capital from 2014 to 2020, covering the electric power, infrastructure and oil & gas sectors, having previously worked in the areas of risk, equity research and management at Modal Asset Management and in strategic planning at Enel Brasil. He holds a bachelor's degree in Economics from the Fluminense Federal University.
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| Jorge Roberto Manoel | Coordinator of the Statuary Management Committee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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Jorge Roberto Manoel holds a bachelor's degree in Accounting and Administration, an MBA in Finance and Controllership (UFMG) and specializations in Corporate Governance (Yale) and Innovation (USP). He worked for approximately 30 years at PwC, where he was a partner and led the Operations and Assurance areas in South America, participating in the PwC World Forum until his retirement in 2016. He was president of the Ibracon-MG section and director of Ibracon Brazil. He currently serves on the Boards of Directors, Fiscal Councils and Audit Committees of companies such as Natura, SulAmérica, BRMalls and YDUQS, in addition to being a speaker and consultant in forensic investigations.
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| João Alberto da Silva Neto | Member of the Statuary Management Committee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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João Alberto da Silva Neto is the founding partner of Minerva Consultoria. With extensive experience in the auditing segment, having worked at KPMG from 1988 to 2019, he has experience in several business areas, having been responsible for the audit of several companies in the Electricity, Real Estate, Retail and Consumer Market sectors and was a member of the Audit, Risk and Compliance Committee of the Hapvida Group. He has a postgraduate degree in Management Accounting and a degree in Accounting, both from the Federal University of Rio Grande do Sul, and a specialization from Fundação Dom Cabral. He is certified as a Board Member by the IBGC, a member of the Institute of Independent Auditors of Brazil - IBRACON, and the Brazilian Institute of Financial Executives - IBEF.
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Strategy and New Business Committee
The Strategy and New Business Committee is made up of a maximum of 5 (five) effective members elected by the Company’s Board of Directors and its objective is to evaluate, at the request of the Board of Directors, the development of studies for potential participation in new businesses, identifying possible risks, opportunities and approaches to be followed in negotiation.
| Position | Election Date | Term of office | ||
|---|---|---|---|---|
| Tiago de Almeida Noel | Coordinator of the Strategy and New Business Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Tiago Noel is responsible for investments in the electric power sector in the Opportunity funds, where he joined in 2020. He was a partner at the asset management firm Athena Capital from 2014 to 2020, covering the electric power, infrastructure and oil & gas sectors, having previously worked in the areas of risk, equity research and management at Modal Asset Management and in strategic planning at Enel Brasil. He holds a bachelor's degree in Economics from the Fluminense Federal University.
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| Luís Henrique de Moura Gonçalves | Independent Member of the Strategy and New Business Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Gonçalves is a member of the Board of Directors and Coordinator of the New Business Committee of Equatorial Energia. Member of the Board of Directors of Echoenergia. Graduated in Business Administration from PUC-Rio, specialized in Corporate Finance from IBMEC and Columbia Business School, specialized in Mergers and Acquisitions from the Wharton School of Business, specialized in Corporate Governance and Private Equity from Harvard Business School. Founder, Partner, Advisor and Chief Risk Officer at Mar Asset Management - RJ (2019 to date). Founder and Partner responsible for liquid and private investments at Var Capital Ltd (20J1 to 2019). Founder and Partner responsible for global liquid investments at 3G Capital NY (2005 to 2011). Member of the founding team, International Equity Portfolio Manager and Head of Analysis at JGP (1998 to 2004). Corporate finance analyst and Brazilian equity manager at Banco Pactual (1994 to 1998). International trainee and corporate finance analyst at Citibank NA (1990 to 1994).
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| Felipe Dutra Cançado | Independent Member of the Strategy and New Business Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Member of the Board of Directors of Echoenergia. – Board member since April 2022, Felipe Dutra has a degree in production engineering from UFRJ (Federal University of Rio de Janeiro) and is a founding partner of Squadra Investimentos Gestão de Recursos Ltda., an independent management company responsible for managing equity investment funds, established in 2007.
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| Tinn Freire Amado | Independent Member of the Strategy and New Business Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Tinn Freire Amado holds a degree in Electrical Engineering from the Federal School of Engineering of Itajubá (MG), with a master's degree in Regulatory Economics and Competition Defense from UNB. He held the position of Director of Regulatory Affairs of the Company, and, until September 2024, he held the position of statutory Director without specific designation in the Company. From November 2012 to 2019, he also held the position of Director of Regulatory Affairs of Celpa, currently Equatorial Pará Distribuidora de Energia S.A. Between May 2022 and early January 2024, he was CEO of Echoenergia Participações. Additionally, in other companies of the Equatorial Group, Mr. Tinn was Director of Regulatory Affairs, between July 2006 and April 2022 and Director of Strategy, New Business and M&A, between May 2016 and April 2022. He also served as a member of the Board of Directors of the Amapá Sanitation Concessionaire SPE S.A. (“CSA”), of the State Electric Energy Distribution Company – CEEE-D (“CEEED”), of Equatorial Goiás Distribuidora de Energia S.A. and as Director of companies in the energy transmission segment of the Equatorial Group and as Director without specific designation of Equatorial Maranhão Distribuidora de Energia S.A., of Equatorial Alagoas Distribuidora de Energia S.A., of Equatorial Piauí Distribuidora de Energia S.A., Equatorial Alagoas Distribuidora de Energia S.A., of CEEE-D and of CSA. He worked as coordinator of the team responsible for the adjustment and review of the tariffs for the use of electricity distribution systems of the Superintendence of Regulation of Distribution Services of the National Electric Energy Agency - ANEEL. He is currently a member of the Board of Directors, the Operational Committee, the Strategy and New Business Committee, and is the Coordinator of the Company's Regulation and Innovation Committee. He is also a member of the Boards of Directors of Echoenergia Participações and Echoenergia Crescimento, Generation and Commercialization companies of the Equatorial Group.
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People, Governance and Sustainability Committee
The People, Governance and Sustainability Committee is made up of a maximum of 3 (three) effective members elected by the Company’s Board of Directors and is responsible for: Defining and implementing remuneration principles and policies, including topics related to fixed, variable and long-term incentives; evaluation of the President, review of the evaluation of his direct subordinates and annual indication of talents from the Equatorial Group; appointment and recruitment of new Board members; coordination of the evaluation process of the Board and its Committees and the corporate governance practices of the Equatorial Group; and review and discussion of Grupo Equatorial’s environmental and social sustainability initiatives.
| Position | Election Date | Term of office | ||
|---|---|---|---|---|
| Guilherme Mexias Aché | Independent Member of the People and Sustainability Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Aché is an economist and founding partner of Squadra Investimentos - Gestão de Recursos Ltda., serving as CEO and co-CIO of this company. He also serves as a Board Member of the Imaginarium Group. Mr. Aché was head of the corporate analysis area of Banco Pactual between 1993 and 1998, where he began as an analyst in 1991. From 1998 to 2007, he was one of the founding partners and director of JGP Gestão de Recursos, where he was the Portfolio Manager responsible for equity investments, both in Brazil and other emerging markets.
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| Tania Sztamfater Chocolat | Independent Member of the People and Sustainability Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Diretora Sênior da área de Direct Equity Investments para América Latina no Canada Pension Plan Investment Board desde Maio de 2017. Anteriormente, Tania foi responsável pela gestão de investimentos ilíquidos na Raiz Investimentos, e Diretora responsável por investimentos em Private Equity no Brasil pela Capital Group. Foi membro suplente do Conselho de Administração da STP (Sem Parar). Anteriormente, Tania ocupou diversas posições no banco Itaú e Unibanco, entre 2004 e 2013, nas áreas de Investment Banking, Private Banking e Equity Research. Foi Head da área de Solution Partners no Itau Private Bank, Diretora Executiva no Itaú BBA, Diretora, Head e Analista Sênior do setor de consumo e varejo da área de Equity Research do Unibanco, tendo também trabalhado na área de Investment Banking do Banco JP Morgan. Tania é graduada em Engenharia de Produção pela Escola Politécnica da Universidade de São Paulo. A Sra. Tania é atualmente membro do conselho das empresas Equatorial Energia, Totvs e D1.
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| Eduardo Parente Menezes | Independent Member of the People and Sustainability Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Eduardo Parente has a degree in production engineering from UFRJ and a master's degree in business administration from New York University. Summary of his main professional experiences in the last 5 years: Since 2018, he has been the president of the Yduqs Group, responsible for the education of more than 1.2 million students throughout Brazil, through institutions such as Estácio de Sá University, IBMEC and QConcursos. Previously, he was the president of Companhia Siderúrgica do Pecém, Porto do Açu and MRS Logística. He was also a director at Vale and worked at the consulting firm McKinsey & Company for 9 years, where he was the partner responsible for the Rio de Janeiro office. He has served on the board of several other companies and entities, notably VLI, CSP, Bradespar and Alcoa Latam. Since 2019, Eduardo has been a professor of the Management Principles course for freshmen at Estácio.
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Regulation and Innovation Committee
The Regulation and Innovation Committee is made up of a maximum of 5 (five) effective members elected by the Company’s Board of Directors and aims to monitor the evolution of regulation in the Company’s sectors of activity, evaluate and recommend policies and/or guidelines in accordance with current regulations, monitor regulatory topics and processes, especially those relating to tariff adjustments and reviews and concession renewals, and evaluate and monitor the Company’s innovation initiatives in light of current regulations and future changes.
| Position | Election Date | Term of office | ||
|---|---|---|---|---|
| Tinn Freire Amado | Coordinator of the Regulation and Innovation Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Tinn Freire Amado holds a degree in Electrical Engineering from the Federal School of Engineering of Itajubá (MG), with a master's degree in Regulatory Economics and Competition Defense from UNB. He held the position of Director of Regulatory Affairs of the Company, and, until September 2024, he held the position of statutory Director without specific designation in the Company. From November 2012 to 2019, he also held the position of Director of Regulatory Affairs of Celpa, currently Equatorial Pará Distribuidora de Energia S.A. Between May 2022 and early January 2024, he was CEO of Echoenergia Participações. Additionally, in other companies of the Equatorial Group, Mr. Tinn was Director of Regulatory Affairs, between July 2006 and April 2022 and Director of Strategy, New Business and M&A, between May 2016 and April 2022. He also served as a member of the Board of Directors of the Amapá Sanitation Concessionaire SPE S.A. (“CSA”), of the State Electric Energy Distribution Company – CEEE-D (“CEEED”), of Equatorial Goiás Distribuidora de Energia S.A. and as Director of companies in the energy transmission segment of the Equatorial Group and as Director without specific designation of Equatorial Maranhão Distribuidora de Energia S.A., of Equatorial Alagoas Distribuidora de Energia S.A., of Equatorial Piauí Distribuidora de Energia S.A., Equatorial Alagoas Distribuidora de Energia S.A., of CEEE-D and of CSA. He worked as coordinator of the team responsible for the adjustment and review of the tariffs for the use of electricity distribution systems of the Superintendence of Regulation of Distribution Services of the National Electric Energy Agency - ANEEL. He is currently a member of the Board of Directors, the Operational Committee, the Strategy and New Business Committee, and is the Coordinator of the Company's Regulation and Innovation Committee. He is also a member of the Boards of Directors of Echoenergia Participações and Echoenergia Crescimento, Generation and Commercialization companies of the Equatorial Group.
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| Paulo Jerônimo Bandeira de Mello Pedrosa | Independent Member of the Regulation and Innovation Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Pedrosa has been a member of the Board of Directors of Equatorial Energia from March 2006 to 2015 and from 2019 to the present date. He participated in the Boards of Itaipu Binacional, ONS - National System Operator and Equatorial Maranhao and Light. He is a member of the Boards of EPE - Energy Research and Infrastructure Company of Fiesp, where he coordinates the energy WG and of CNI. He is a member of the National Industry Forum. Mr. Pedrosa is also the Executive President of the Brazilian Association of Large Industrial Energy Consumers and Free Consumers (Abrace). He served as a professor in the MBA courses in Energy at IBMEC-Rio and FGV-SP, in the Postgraduate Program in Energy Law at Universidade Cândido Mendes and in courses at USP, Unifei and UnB. He worked at Eletronorte in the project of hydraulic turbines and hydroelectric plants and as President of Chesf. He was the President of the Brazilian Association of Energy Traders (Abraceel), and also served as an advisor to the Senate Energy Subcommittee and Infrastructure Committee. Mr. Pedrosa was a director of the National Electric Energy Agency (Aneel), Executive Secretary of the MME and interim Minister of Mines and Energy. Mr. Pedrosa holds a degree in Mechanical Engineering from the University of Brasília (UnB), with additional technical training in auxiliary systems for hydroelectric plants, hydraulic turbines and projects for small hydroelectric plants. He also holds an MBA from FIA-USP and professional development courses at Fundação Dom Cabral, Kellog and INSEAD.
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| Tiago de Almeida Noel | Independent Member of the Regulation and Innovation Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Mr. Tiago Noel is responsible for investments in the electric power sector in the Opportunity funds, where he joined in 2020. He was a partner at the asset management firm Athena Capital from 2014 to 2020, covering the electric power, infrastructure and oil & gas sectors, having previously worked in the areas of risk, equity research and management at Modal Asset Management and in strategic planning at Enel Brasil. He holds a bachelor's degree in Economics from the Fluminense Federal University.
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| Dennis Herszkowicz | Independent Member of the Regulation and Innovation Committee | 05/14/2025 | First RCA after AGM to approve the accounts for the financial year ending in 2026 | |
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Dennis Herszkowicz took over as CEO of TOTVS in November 2018 to lead the company's growth, operations, results and people management strategy, culminating in the creation of a strategy based on three business dimensions: Management, techfin and business performance. With a degree in Marketing from the Escola Superior de Propaganda e Marketing (ESPM), Dennis has over 20 years of experience in the technology area. For 15 years, he worked at Linx as a partner and statutory director, holding different vice-presidencies, in addition to having been a member of the Board of Directors from 2011 to 2014. He ended his activities at the company as Executive VP of New Markets. His longest-serving position within the company, between 2012 and 2017, was as CFO and Director of Investor Relations, being responsible for the IPO in 2013 and follow-on in 2016, in addition to 20 acquisitions during that period. Independent Member according to the criteria of CVM Resolution 80 and the B3 Novo Mercado Regulation
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Operacional Committee
The Operational Committee is composed of a maximum of 5 (five) effective members elected by the Company’s Board of Directors and its objective is to evaluate, at the request of the Board of Directors, review the business plan and consolidated annual budget of the Company and its subsidiaries, periodically evaluate the consolidated operational evolution of the Company and its subsidiaries, review, monitor and propose actions related to improving the quality and increasing the operational efficiency of the Company and its subsidiaries.
| Position | Election Date | Term of office | ||
|---|---|---|---|---|
| Felipe Dutra Cançado | Coordinator of the Operaional Commitee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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Member of the Board of Directors of Echoenergia. – Board member since April 2022, Felipe Dutra has a degree in production engineering from UFRJ (Federal University of Rio de Janeiro) and is a founding partner of Squadra Investimentos Gestão de Recursos Ltda., an independent management company responsible for managing equity investment funds, established in 2007.
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| Tinn Freire Amado | Independent Member of the Operaional Commitee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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Mr. Tinn Freire Amado holds a degree in Electrical Engineering from the Federal School of Engineering of Itajubá (MG), with a master's degree in Regulatory Economics and Competition Defense from UNB. He held the position of Director of Regulatory Affairs of the Company, and, until September 2024, he held the position of statutory Director without specific designation in the Company. From November 2012 to 2019, he also held the position of Director of Regulatory Affairs of Celpa, currently Equatorial Pará Distribuidora de Energia S.A. Between May 2022 and early January 2024, he was CEO of Echoenergia Participações. Additionally, in other companies of the Equatorial Group, Mr. Tinn was Director of Regulatory Affairs, between July 2006 and April 2022 and Director of Strategy, New Business and M&A, between May 2016 and April 2022. He also served as a member of the Board of Directors of the Amapá Sanitation Concessionaire SPE S.A. (“CSA”), of the State Electric Energy Distribution Company – CEEE-D (“CEEED”), of Equatorial Goiás Distribuidora de Energia S.A. and as Director of companies in the energy transmission segment of the Equatorial Group and as Director without specific designation of Equatorial Maranhão Distribuidora de Energia S.A., of Equatorial Alagoas Distribuidora de Energia S.A., of Equatorial Piauí Distribuidora de Energia S.A., Equatorial Alagoas Distribuidora de Energia S.A., of CEEE-D and of CSA. He worked as coordinator of the team responsible for the adjustment and review of the tariffs for the use of electricity distribution systems of the Superintendence of Regulation of Distribution Services of the National Electric Energy Agency - ANEEL. He is currently a member of the Board of Directors, the Operational Committee, the Strategy and New Business Committee, and is the Coordinator of the Company's Regulation and Innovation Committee. He is also a member of the Boards of Directors of Echoenergia Participações and Echoenergia Crescimento, Generation and Commercialization companies of the Equatorial Group.
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| Tiago de Almeida Noel | Independent Member of the Operaional Commitee | 05/14/2025 | First RCA after the AGM approving the accounts for the financial year of 12/31/2026 | |
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Mr. Tiago Noel is responsible for investments in the electric power sector in the Opportunity funds, where he joined in 2020. He was a partner at the asset management firm Athena Capital from 2014 to 2020, covering the electric power, infrastructure and oil & gas sectors, having previously worked in the areas of risk, equity research and management at Modal Asset Management and in strategic planning at Enel Brasil. He holds a bachelor's degree in Economics from the Fluminense Federal University.
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