Executive Officers, Board of Directors and Committees

Board of Directors

Cruzeiro do Sul’s Board of Directors is composed of nine full members, who may or may not be shareholders, all of whom are elected and may be removed by the Shareholders’ Meeting at any time. At least two, or 20% of its members, whichever is higher, shall be composed of independent directors, who shall be qualified by the criteria and requirements established by the New Market Regulation. The directors are elected for a two-year term, with re-election being permitted.

Internal Regulations of the Board of Directors (Portuguese Only)

Name Office Election date Mandate
Wolfgang Stephan Schwerdtle Chairman 10/05/2020 2022 ASM

General Manager of GIC Private in Brazil Limited, where he began his career in 2009. He is a counselor at Rede D’Or São Luiz SA and Smartfit Escola de Ginástica e Dança S.A. Previously he was a counselor at SOMOS Educação S.A. and Netshoes S.A. Graduated and post-graduated in Economics from the University of Oxford, with an MBA from the University of Chicago and a PhD in Finance from the European Business School. Wolfgang has worked at MidOcean Partners, Madison Dearborn and Goldman Sachs. Since October 5, 2020, he has been Chairman of the Company’s Board of Directors, elected by shareholder Archy LLC, held by GIC Private Limited.

Fábio Ferreira Figueiredo Board member 07/13/2021 2022 ASM

Currently co-CEO of the Company, Mr. Figueiredo holds a PhD in Social Sciences and a Master’s degree in Business Administration and Law from Pontifícia Universidade Católica de São Paulo – PUC-SP. Previously, Mr. Figueiredo held the Investor Relations Officer and Strategic planning position. He was also founder and vice-president (1998/99) of CNU (University of São Paulo TV Channel) and member of the board of the Brazilian Association of Organizations that holds Higher Education Institutions – ABMES.

Fernando Padovese Board member 10/05/2020 2022 ASM

Since 2001, he has been an auditor at PricewaterhouseCoopers Brazil (1990-1993), a public employee at Banco do Brasil (1994-1995) and the Company’s Administrative Manager from 1996-2000. He graduated in Business Administration from Pontifícia Universidade Católica de São Paulo – PUC and in Accounting Sciences from Universidade Cruzeiro do Sul, and holds a postgraduate degree in Business Management from Faculdade Trevisan. He has been a member of the Company’s Board of Directors since November 30, 2011.

Débora Ferreira Figueiredo Board member 10/05/2020 2022 ASM

Founding partner of Folks Netnográfica, a company created in 2010 and pioneer in Brazil in the use of netnography and digital big data used for market research. She has been working in big companies such as Johnson & Johnson, Taiff and at Lew Lara TBWA agency. As an entrepreneur, she was also co-founder of the Cervejaria Baden. Débora holds a bachelor’s degree in Social Communication from Fundação Armando Alvares Penteado – FAAP, a post-graduate degree in Marketing from Harvard University, a Master’s degree in Business Administration from PUC-SP and a PHD in Social Sciences with an emphasis on Consumer Anthropology from PUC-SP and Kellogg School of Management. She also holds a specialization in Digital Marketing Strategy from Harvard University. She is a member of the Company’s Board of Directors since February 1, 2012.

Gustavo Cellet Marques Board member 07/14/2021 2022 ASM

He joined GIC Private Limited in 2020 and is currently Vice President of the São Paulo office. Before GIC, he worked in Principia Capital Partners and Victoria Capital Partners and he was member of the Board of Elemidia Consultoria e Serviços de Marketing AS. He holds a degree in Civil-Aeronautical Engineering from Instituto Tecnológico de Aeronáutica (ITA). He has been a member of the Company’s Board of Directors and Finance Committee since July 14, 2021.

Renato Padovese Board member 10/05/2020 2022 ASM

Currently Co-CEO, Mr. Padovese holds a PHD and master’s degree in Food Sciences from the University of São Paulo – USP, an MBA from the Business School São Paulo – BSP and a certificate from the Harvard Business School’s General Management Program (GMP). Mr. Padovese is also member of the board of Cruzeiro do Sul Educacional and Member of the Board of the Brazilian Association of Private Universities – ANUP. Previously, he was the Academic Director at Cruzeiro do Sul Educacional.

Carlos Alberto Nogueira Pires da Silva Independent Board member 10/05/2020 2022 ASM

He is CEO and partner of AUMA Café Armazéns Gerais. He was CEO of AUMA Holding – Industria e Negócios and of O Estado de São Paulo Mídia (1994-2011), General Director of the Confederação Nacional da Industria/SP, General Director of Instituto Euvaldo Lodi – IEL/SP and Associate Director ICC Brasil – International Chamber of Commerce (2011-2019). He has extensive experience as a member of the Board of Directors of large companies, being a member of the Conselho Terrena Agronegócios Ltda. since 2004, the Instituto Euvaldo Lodi – IEL – National Department (2017-2019) and the ABL – Associação Brasileira de Listas e Guias (2016-2010). He has an Executive MBA from the Business School São Paulo – BSP, board of directors training from the Brazilian Institute of Corporate Governance – IBGC; certification from the FGV CEO Program at Fundação Getúlio Vargas – FGV; Strategic Management from INSEAD Fontainebleau – France and in Innovation Strategies from Wharton University. He has been an independent director of the Company’s Board of Directors since October 5, 2020.

Renato Russo Independent Board member 10/05/2020 2022 ASM

He has been a member of Sul América S.A.’s Board of Directors since 2014, coordinator of the Audit and Risk Management Committee and member of the Investment Committee. He has worked at SulAmérica, where he held several positions, including as Managing Director of Sul América Investimentos and Vice-President of the Life and Pension business unit. He has extensive experience in the financial and insurance markets, where he held leading positions in the representative bodies of these markets. He is certified by the Advanced Management Program of the Warthon Business School (2001) and holds an Board Member certification by the Brazilian Institute of Corporate Governance – IBGC (2017), in addition to giving lectures regarding policy in organizations, which is his area of academic specialization. He holds a bachelor’s degree in Social Sciences from the Universidade de São Paulo (1985) and a master’s degree in Business Administration with emphasis on strategy from INSPER (2007-2010). He has been an independent director of the Company’s Board of Directors since August 2, 2018.

Rodrigo Capelato Independent Board member 10/05/2020 2022 ASM

Executive Director of the Sindicado das Entidades Mantenedoras de Estabelecimentos de Ensino Superior no Estado de São Paulo – SEMESP, since 2004, member of the Advisory Board of the Programa de Aperfeiçoamento dos Processos de Regulação e Supervisão da Educação Superior – CC PARES of the Ministry of Education and the Grupo de Estudos de Indicadores para a Educação Superior – GEIES of the Ministry of Education, university professor and lecturer in the areas of public policy, trends, management and evaluation for higher education. He also worked as an Independent Board Member of the Grupo Educacional Opet (2017-2019) and Economic Advisor of ABRACAF – Associação Brasileira dos Concessionários de Automóveis Fiat (1999-2000). He holds a bachelor’s degree in Economics from the Faculdade de Administração e Economia da Universidade de São Paulo – FEA/USP and a PhD in Contemporary Studies from the Instituto de Investigação Interdisciplinar da Universidade de Coimbra, in addition to specialization in Bussiness from the Fundação Armando Álvares Penteado – FAAP and in Fundação Instituto de Administração da Universidade de São Paulo – FIA/USP. He has been an independent director of the Company’s Board of Directors since October 5, 2020.

Executive Board

The executive team is constituted by four members, shareholders or not, appointed by Cruzeiro do Sul Educacional’s Board of Directors and dismissed by it at any time, being two Chief Executive Officers; one Investor Relations Officer and one Financial and Administrative Officer, with a two-year term of office and reelection being allowed.

Name Office Election date Mandate
Antônio Cavalcanti Júnior Chief Financial and Administrative Officer 10/05/2020 2022 BDM

Ex-controller of Accor for 8 years, administrative manager of Renault Brazil for 2 years, executive officer of Folha Group for 8 years and CFO of Farmasa for 3 years. He has a general management program at Harvard Business School, a PhD in Business Administration from Pontifícia Universidade Católica de São Paulo – PUC, a bachelor’s degree in Economics, an MBA from Fundação Getúlio Vargas – FGV and an MBA in Finance from INSPER, with extension courses in financial control and engineering from Fundação Getúlio Vargas – FGV and has been the Company’s Financial and Administrative Director since July 21, 2008.

Fábio Ferreira Figueiredo Co-Chief Executive Officer 04/15/2021 2022 BDM

Currently co-CEO of the Company, Mr. Figueiredo holds a PhD in Social Sciences and a Master’s degree in Business Administration and Law from Pontifícia Universidade Católica de São Paulo – PUC-SP. Previously, Mr. Figueiredo held the Investor Relations Officer and Strategic planning position. He was also founder and vice-president (1998/99) of CNU (University of São Paulo TV Channel) and member of the board of the Brazilian Association of Organizations that holds Higher Education Institutions – ABMES.

Renato Padovese Co-Chief Executive Officer 04/15/2021 2022 BDM

Currently Co-CEO, Mr. Padovese holds a PHD and master’s degree in Food Sciences from the University of São Paulo – USP, an MBA from the Business School São Paulo – BSP and a certificate from the Harvard Business School’s General Management Program (GMP). Mr. Padovese is also member of the board of Cruzeiro do Sul Educacional and Member of the Board of the Brazilian Association of Private Universities – ANUP. Previously, he was the Academic Director at Cruzeiro do Sul Educacional.

Luís Felipe Bresaola Investor Relations Officer 04/15/2021 2022 BDM

Currently Investor Relations Officer, Mr. Bresaola holds a degree in Business Administration from PUC-SP and Accounting from UAM and was part of the Program of Leadership Development (PLD) from Harvard Business School. Previously, Mr. Bresaola was the IRO and M&A/Strategic Planning Director at International Meal Company joining from Via Varejo where he was the IRO. Luis pursued his career in the financial markets as a sell side analyst at Citi covering LatAm retail, at Deutsche Bank as an analyst in the Education sector, Health and Pulp sectors, and at Banco Espírito Santo Securities as an analyst in the Education and Health sectors.

Assistance and Monitoring Committees

Audit Committee

Internal Regulations of the Audit Committee (Portuguese Only)

Name Office Election date Mandate
Renato Russo Coordinator 10/05/2020 2022 BDM

He has been a member of Sul América S.A.’s Board of Directors since 2014, coordinator of the Audit and Risk Management Committee and member of the Investment Committee. He has worked at SulAmérica, where he held several positions, including as Managing Director of Sul América Investimentos and Vice-President of the Life and Pension business unit. He has extensive experience in the financial and insurance markets, where he held leading positions in the representative bodies of these markets. He is certified by the Advanced Management Program of the Warthon Business School (2001) and holds an Board Member certification by the Brazilian Institute of Corporate Governance – IBGC (2017), in addition to giving lectures regarding policy in organizations, which is his area of academic specialization. He holds a bachelor’s degree in Social Sciences from the Universidade de São Paulo (1985) and a master’s degree in Business Administration with emphasis on strategy from INSPER (2007-2010). He has been an independent director of the Company’s Board of Directors since August 2, 2018.

Carlos Alberto Nogueira Pires da Silva Member 10/05/2020 2022 BDM

He is CEO and partner of AUMA Café Armazéns Gerais. He was CEO of AUMA Holding – Industria e Negócios and of O Estado de São Paulo Mídia (1994-2011), General Director of the Confederação Nacional da Industria/SP, General Director of Instituto Euvaldo Lodi – IEL/SP and Associate Director ICC Brasil – International Chamber of Commerce (2011-2019). He has extensive experience as a member of the Board of Directors of large companies, being a member of the Conselho Terrena Agronegócios Ltda. since 2004, the Instituto Euvaldo Lodi – IEL – National Department (2017-2019) and the ABL – Associação Brasileira de Listas e Guias (2016-2010). He has an Executive MBA from the Business School São Paulo – BSP, board of directors training from the Brazilian Institute of Corporate Governance – IBGC; certification from the FGV CEO Program at Fundação Getúlio Vargas – FGV; Strategic Management from INSEAD Fontainebleau – France and in Innovation Strategies from Wharton University. He has been an independent director of the Company’s Board of Directors since October 5, 2020.

Rodrigo Capelato Member 10/05/2020 2022 BDM

Executive Director of the Sindicado das Entidades Mantenedoras de Estabelecimentos de Ensino Superior no Estado de São Paulo – SEMESP, since 2004, member of the Advisory Board of the Programa de Aperfeiçoamento dos Processos de Regulação e Supervisão da Educação Superior – CC PARES of the Ministry of Education and the Grupo de Estudos de Indicadores para a Educação Superior – GEIES of the Ministry of Education, university professor and lecturer in the areas of public policy, trends, management and evaluation for higher education. He also worked as an Independent Board Member of the Grupo Educacional Opet (2017-2019) and Economic Advisor of ABRACAF – Associação Brasileira dos Concessionários de Automóveis Fiat (1999-2000). He holds a bachelor’s degree in Economics from the Faculdade de Administração e Economia da Universidade de São Paulo – FEA/USP and a PhD in Contemporary Studies from the Instituto de Investigação Interdisciplinar da Universidade de Coimbra, in addition to specialization in Bussiness from the Fundação Armando Álvares Penteado – FAAP and in Fundação Instituto de Administração da Universidade de São Paulo – FIA/USP. He has been an independent director of the Company’s Board of Directors since October 5, 2020.

Finance Committee

Internal Regulations of the Financial Committee (Portuguese Only)

Name Office Election date Mandate
Antônio Cavalcanti Júnior Coordinator 10/05/2020 2022 BDM

Ex-controller of Accor for 8 years, administrative manager of Renault Brazil for 2 years, executive officer of Folha Group for 8 years and CFO of Farmasa for 3 years. He has a general management program at Harvard Business School, a PhD in Business Administration from Pontifícia Universidade Católica de São Paulo – PUC, a bachelor’s degree in Economics, an MBA from Fundação Getúlio Vargas – FGV and an MBA in Finance from INSPER, with extension courses in financial control and engineering from Fundação Getúlio Vargas – FGV and has been the Company’s Financial and Administrative Director since July 21, 2008.

Fábio Ferreira Figueiredo Member 10/05/2020 2022 BDM

Currently co-CEO of the Company, Mr. Figueiredo holds a PhD in Social Sciences and a Master’s degree in Business Administration and Law from Pontifícia Universidade Católica de São Paulo – PUC-SP. Previously, Mr. Figueiredo held the Investor Relations Officer and Strategic planning position. He was also founder and vice-president (1998/99) of CNU (University of São Paulo TV Channel) and member of the board of the Brazilian Association of Organizations that holds Higher Education Institutions – ABMES.

Gustavo Cellet Marques Member 07/14/2021 2022 BDM

He joined GIC Private Limited in 2020 and is currently Vice President of the São Paulo office. Before GIC, he worked in Principia Capital Partners and Victoria Capital Partners and he was member of the Board of Elemidia Consultoria e Serviços de Marketing AS. He holds a degree in Civil-Aeronautical Engineering from Instituto Tecnológico de Aeronáutica (ITA). He has been a member of the Company’s Board of Directors and Finance Committee since July 14, 2021.

Ethics Committee

Internal Regulations of the Ethic Committee (Portuguese Only)

Name Office Election date Mandate
Fabiana Cristina Palopoli Member - -

Currently Legal Manager of the Company, she started her carrer since 2016 at Cruzeiro do Sul Educacional. She holds a specialization in Corporate Law from Fundação Getúlio Vargas. Fabiana has experience in the legal and compliance area more than 11 years, having worked in the private and public sectors, in the executive and legislative branches.

Rafael Viegas Member - -

Audit and Compliance Manager at Grupo Cruzeiro do Sul Educacional since 2017, holds a degree in Accounting from Universidade São Judas Tadeu (USJT). He also holds a specialization in Controllership and Auditing and IFRS Acreditation certification. Rafael has 15 years of experience in Auditing and Internal Controls. Previously, Mr. Viegas worked for eight years in the main independent Audits in the world such as PWC, Ernest Young and KPMG and Structuring and Internal Controls at Citibank SA

Renato Padovese Member - -

Currently Co-CEO, Mr. Padovese holds a PHD and master’s degree in Food Sciences from the University of São Paulo – USP, an MBA from the Business School São Paulo – BSP and a certificate from the Harvard Business School’s General Management Program (GMP). Mr. Padovese is also member of the board of Cruzeiro do Sul Educacional and Member of the Board of the Brazilian Association of Private Universities – ANUP. Previously, he was the Academic Director at Cruzeiro do Sul Educacional.