Corporate Governance

Management

Name Position Résumé
Blener B. C. Mayhew Chief Financial, New Business Development and Investor Relations Officer see résumé

Blener B. C. Mayhew. Works for PetroRio since December, 2014 and was an active member in its restructuring process. Previously, he worked at Docas Investimentos as Mergers and Acquisitions co-head and at Banco Espirito Santo, in the United States, at the Treasury & Special Projects area. Mr. Blener holds a degree in Business Administration from Rio de Janeiro State University (UERJ) and an MBA from Florida International University.

Roberto Bernardes Monteiro Operations Officer see résumé

Roberto Bernardes Monteiro. Before taking the Operations Officer position at PetroRio, Mr. Monteiro was Chief Financial Officer and Investor Relations in OGX Petroleo e Gas. Also served as Chief Financial Officer and Investor Relations in OSX, a company engaged in shipbuilding and offshore industry. Previously, he occupied several positions in America Latina Logística - ALL, among them Chief Operating Officer and Executive Director - Argentina. Mr.Monteiro holds a degree in civil engineering from the University of São Paulo (USP - São Carlos) and an MBA from Carnegie Mellon University - Tepper School.

Board of Directors

Name Position Position Résumé
Helio Costa Chairman of the Board 4/29/2016 to 29/04/2018 see résumé

Helio Costa. Former Minister of Communications of Brasil and Senator. Mr. Costa has been in journalism business for about 55 years and is an expert in the areas of broadcasting and communications. Went to the United States in 1967, to work as a translator and journalist at the international radio The Voice of America, in Washington. His last position with the US government was "communication specialist". He studied Arts and Sciences at the University of Maryland, Foreign Correspondent at Catholic University in Washington and was a lecturer in communications at Pace University at the invitation of Professor Jordan Young. In 1972 he was hired as a foreign correspondent and later Chief of The New York News Bureau of Globo Televison Network the fourth largest TV network in the world. He lived in London and Paris during the deployment of Bureaus of Globo TV Network in Europe. As a journalist he has received several awards including the League of Women’s Voters of New York and The World Press Association. In Brazil was elected four consecutive years as the best communicator on TV and Radio. In 1986 he returned to Brazil to run for Congress. In 1998 he was reelected. In 2002 he was elected a Federal Senator in the State of Minas Gerais. In 2005 the president of Brazil, Luiz Inácio Lula da Silva, invited him to be the Country’s Ministry of Communications. He implanted broadband Internet in all public schools. After observing a period of one year quarantine required for those leaving the government Mr. Costa works with a consulting company, Thelson Communication and Consulting, based in Belo Horizonte, MG, Brazil.

Haroldo Lima Independent Member 4/29/2016 to 29/04/2018 see résumé

Haroldo Lima. Graduated as electrical engineer by Polytechnic School of the Federal University of Bahia, in 1963. Mr. Lima was an engineer at General Electric and at Electricity Company of Bahia (Coelba), where he was Head of Operation and Maintenance Division. He was elected federal deputy at Bahia, served five consecutive terms. In 1985, he became PCdoB´s Leader of the House of Representatives, a position he held for eleven non-consecutive years. In 2003 he was appointed by President Luiz Inácio Lula da Silva for an Officer Position at National Agency of Petroleum and Natural Gas. Became an Officer of ANP in 2003 and General Officer in 2005, and was reappointed in 2007. He was Officer of the ANP for eight years. He published several books and studies related to exercised activities, including the book "Petroleum in Brazil."

Pedro Grossi Junior Independent Member 4/29/2016 to 29/04/2018 see résumé

Pedro Grossi Junior.Bachelor’s Degree in Law by Universidade do Estado da Guanabara. Mr. Grossi has held many public offices: Rio de Janeiro First Class Export Agent at the Brazilian Coffee Institute, in 1972; Director of the Department of Stocks and Standardizations at the Brazilian Coffee Institute, in 1973; Parliamentary Secretary to the Ministers of Agriculture - Antônio Delfim Neto, in 1979; Parliamentary Secretary to the Minister of Planning, Antônio Delfim Neto, in 1979; Parliamentary Secretary to the Minister of Finance, Francisco Dornelles, in 1985; Administrative Director of TELERJ (Telecommunicações do Estado do Rio de Janeiro), in 1986; Vice President of TELERJ, in 1988; President of EMBRATUR (Brazilian Institute of Tourism), in 1988; Representative of the Government of the State of Bahia in Rio de Janeiro from 1990 to 2006; Secretary for Municipal Government of Nova Iguaçu from 2007 to 2008 and Secretary for Economic Developemnt of Municipal Government of Nova Iguaçu, in 2009. Mr. Grossi was a member of the Board and Director of O Dia Newspaper from 1996 to 1999; Member of the Board and Director of Jornal do Commercio newspaper from 1999 to 2001; Member of the Board of Centrais Elétricas S/A (FURNAS), from 1995 to 2002; Member of the Board of Banco Liberal, from 1998 to 2006; Member of the Council of National Library - Rio de Janeiro, from 1992 to 1994; Member of LIGHT Council, from 1992 to 1994; Member of Ari Frauzino Foundation, from 2000 to 2004. He is member of the Board and Officer of the Jornal do Brasil since 2001; Member of the Board of Banco da Providencia - Archdiocese of Rio de Janeiro; Member of Programming Advisory Committee of the Theatro Municipal of Rio de Janeiro; Member of the Council for the Care of Minors of the Archdiocese of Rio de Janeiro and Member of the Board of Directors of Transmissora Aliança de Energia Elétrica S.A (TAESA). He received many awards and decorations.

Ronaldo Carvalho da Silva independent Member 4/29/2016 to 29/04/2018 see résumé

Ronaldo Carvalho da Silva. Graduated in mechanical engineering by Catholic University of Rio de Janeiro (PUC-Rio). Specialization in Business Administration (Executive MBA) from the Institute for graduate studies and research in administration of the Federal University of Rio de Janeiro (COPPEAD). Mr Silva has a 35 year career, having served as a member of the Board of Sade Vigesa S.A. and Indústrias Verolme-Ishibras S.A. - IVI, as well as CFO and Investor Relations Executive at Docas Investimentos S.A.

William Connell Steers Independent Member 4/29/2016 to 29/04/2018 see résumé

William Connell Steers. Mr. Steers was managing partner at Weatherhaven Brasil from 2008 to 2012. Currently is a managing partner at IMC Brasil since 1985 and is a Board Member of Indústrias Verolme-Ishibras S.A. - IVI and Docas Investimentos S.A. He is a Canadian businessman with ventures in many countries. His investments range a wide variety of different sectors.

Fiscal Council

Name Position Position Résumé
Elias de Matos Brito Effective Member 4/30/2015 to GSM 2016 see résumé

University degree in Accounting, Business consultant in financial, capital markets, corporate, tax areas. Mr. Elias is Court-Appointed Surveyor Accountant of the Court of Rio de Janeiro, working in various Civil Courts and Chambers and Corporation Courts, he is Court-Appointed Surveyor of the Regional Electoral Court of Rio de Janeiro, Expert of the Arbitration Court of CIESP FIESP; Moreover, is member of the Fiscal Council for Profarma Distribuidora de Produtos Farmacêuticos S/A; Mr. Elias was a member of the Fiscal Council of the Jornal O DIA; He was the liquidator of Banco do Estado do Rio de Janeiro (current BERJ); Mr. Elias is professor of finance of graduatecourses in Fundação Getúlio Vargas and IBMEC and is Vice President of the Association of Court-Appointed Surveyor of the State of Rio de Janeiro.

Roberto Portella Effective Member 4/29/2016 to GSM 2017 see résumé

Graduated from Universidade do Estado da Guanabara, currently Universidade do Estado do Rio de Janeiro, in 1967. Took specialization courses at Fundação Getúlio Vargas and Brown University. Took a graduate course at Harvard Law School, in 1970. He is a member of the International Banking Association, and was its legal counselor for the 1992/93 term. Mr. Portella is former member of ABRASCA (Public Companies Association), CESA (Association of Law Firms, member of Rio de Janeiro and São Paulo BAR Association, member of Brazil-America Chamber of Commerce, member of Brazil-China Chamber of Commerce, and member of Brazil-Spain Chamber of Commerce. Mr. Portella was also a member of the Executive Board of Demarest Advogados. Mr. Portella was former legal officer of several large companies.He was appointed as "leading lawyer in his field" by Who‘sWhoLegal 2009.

Gilberto Braga Effective Member 4/29/2016 to GSM 2017 see résumé

Mr. Braga holds a Bachelor’s Degree in Economics by Universidade Cândido Mendes Ipanema (UCAM Ipanema). Graduated in Accounting by Universidade Gama Filho (UGF) and Master’s Degree in Business Administration, Finance and Capital Markets by IBMEC-Rio. Mr Braga is a professor of Controlling and Accounting of IBMEC, UFRJ, UCAM, FGV, PUC, Dom Cabral and others. He is also a Court-Appointed Surveyor of Rio de Janeiro; Business Consultant and Expert of the Arbitration Court of CIESP FIESP; Member of the Fiscal Council of Santos Brasil and Profarma; Finance columnist of O Dia Newspaper and O Globo Newspaper (digital edition); and TV news guest commentator of GloboTV network and Globo News.

Ronaldo dos Santos Machado Alternate Member of Mr. Elias de Matos Brito 4/29/2016 to GSM 2017 see résumé

Mr. Machado holds a degree in Accounting Sciences from the Faculdade de Ciências Contábeis e Administrativas Morais Júnior (Instituto Brasileiro de Contabilidade), Rio de Janeiro and an MBA in accounting and auditing from Universidade Federal Fluminense - UFF. Currently he is a partner of Exato Assessoria Contábil Ltda., office specialized in accounting, auditing, economic consulting, financial and business, developing typical activities of an accounting office and judicial accounting expertise. A professional with over 13 year experience at Lundgren Group - Casas Pernambucanas, having held the positions of Financial Analyst, Planning Assistant, Promotion and Advertising Manager and Treasury Manager.

Anderson dos Santos Amorim Alternate Member of Mr. Roberto Portella 4/29/2016 to GSM 2017 see résumé

Mr. Amorim holds a degree in Accounting Sciences from the Centro Universitário Plínio Leite and a MBA in Accounting and Auditing - PGCA UFF. . Currently he is a partner of Exato Assessoria Contábil Ltda., office specialized in accounting, auditing, economic consulting, financial and business, developing activities of judicial accounting expertise, extrajudicial expertise, arbitration; technical advice of financial and accounting nature, valuation of companies; and financial advice.

Luis Alberto Pereira de Matos Alternate Member of Mr. Gilberto Braga 4/29/2016 to GSM 2017 see résumé

Graduate in Economics and Post-Graduate in Management and Production Engineering, Masters in Accounting, professor of Financial Administration at the Federal University of Rio de Janeiro - UFRJ. Mr. Mattos is partner at Confiance Inteligência Empresarial. He is a Securities Analyst registered at APIMEC; Alternate member of the Fiscal Council at Banco do Brasil; Former manager of Company Monitoring (GEA) of the Brazilian Securities and Exchanges Commission - CVM and former partner of Lopes Filho & Associados, Investment Advisors, responsible for capital market consulting for companies: Klabin, Suzano, Bahia Sul, Grupo Bunge, Portobello, Cia Paulista de Força e Luz, Companhia Petroquímica Camaçari, Fosfertil, Unipar, Cia Força e Luz Cataguazes Leopoldina, Grupo Rede, Josapar, among others. He was also a member of LLM Financial Consulting.

Committees

Audit Committee

  • Ronaldo Carvalho da Silva
  • Haroldo Borges Rodrigues Lima