Corporate Governance

The Celulose Irani SA commitment with the best practices in the relationships with its shareholders and other stakeholders makes the Company adopt corporate governance guided by social and environmental responsibility, ethics, courage, openness, warmth, innovation and a pioneering spirit.

These principles and values, that enable IRANI to maintain a relationship based on respect and the accurate disclosure of information.

Management Practices

The administration of IRANI is exercised by the Board of Directors, which has deliberative functions, and by the Management, with executive and representative functions, the Chairman of the Board of Directors does not hold the position of Chief Executive Officer of the Company.

The Board of Directors shall meet monthly, providing attention to strategic issues of the Company such as: business risks, market relations, corporate policies, investments and monitoring the results reflected in the Financial Statements Report. All powers of the Board of Directors are in Article 12 of the Bylaws of the Company. Among them, the inspection of the management is highlighted, allowing the Board to examine, at any time, Company books and papers, requesting information on contracts and any other acts. The Board mandate is for two years and the Director may be reelected.

The Board shall meet, ordinarily in person every month, and by videoconference, whenever necessary, and their competence to practice all acts necessary for the regular operation of the Company, other than the competence of the General Assembly or Board of Directors, in accordance with the powers contained in Article 14 of the Bylaws of the Company. The term of for the directors is two years, reelection is permitted.

Last Update: July 27, 2018

Administration

President of the Board of Directors

			see curriculum
PÉRICLES PEREIRA DRUCK

Board Members

		Term Office	see curriculum
EURITO FREITAS DRUCK		April 2017 – April 2019
PAULO MALLMANN		April 2017 – April 2019

Independent Board Members

		Term Office	see curriculum
PAULO ISERHARD		April 2017 – April 2019
ROBERTO FALDINI		junho/2018 a April/2019

Executive Board

		Term Office
President Director	SÉRGIO LUIZ CONTRIM RIBAS	April 2017 – April 2019
Administrative, Financial and Investor Relations Director	ODIVAN CARLOS CARGNIN	April 2017 – April 2019
Paper & Forestry Business Director	HENRIQUE ZUGMAN	01/12/2017 a May/2019
Packaging Business Director	LINDOMAR LIMA DE SOUZA	01/12/2017 a May/2019
Management, Strategy & Personnel Director	FABIANO ALVES DE OLIVEIRA	01/12/2017 a May/2019

Forms of Representation of the Society

The society is represented as follows:

a) Extra-judicially, by two Directors jointly, by a Director jointly with an attorney, or by two attorneys together;

b) Judicially by a Director to whom this responsibility was assigned by the Board of Directors or by an attorney specially constituted for this purpose.

Note: Trade bills and invoices in any establishment of the society, may be signed by a Director together with an attorney or together by two attorneys, as well as an ordinary correspondent. Checks issued by any establishment of the society, whether the head office, or a manufacturing facility, branch or deposit, shall be signed by two Directors together, by a Director together with an attorney, or by two attorneys.

Calendar of Corporate Events

In line with best corporate governance practices, Celulose Irani provides a Calendar of Corporate Events which is a list of upcoming events during the year, such as the disclosure of the annual and quarterly results, holding of ordinary meetings and providing minutes to the Securities Commission (CVM).

Download the Calendar