#php get_template_part('partials/header', 'cookieinfo'); ?>
Additionally, Localiza seeks to comply with the Corporate Governance Guidelines suggested by IBGC (Brazilian Institute of Corporate Governance), as shown below:
YES | NO | NOTE: | |
---|---|---|---|
1 – TRANSPARENCY (DISCLOSURE) | |||
1.1 – Portuguese and english website | ![]() |
||
1.2 – Public Investors meetings | ![]() |
||
1.3 – Road-shows | ![]() |
||
1.4 – Disclosure of relevant information and stock trading policy | ![]() |
||
1.5 – Calendar of events | ![]() |
||
1.6 – Immediate communication of relevant information through CVM/BM&FBovespa IPE/EmpresasNet) and Market | ![]() |
||
1.7 – Conflict Resolution by Arbitration determined in Bylaws | ![]() |
||
1.8 – Independent Audit | ![]() |
||
2 – FAIRNESS | |||
2.1 – Code of Ethics | ![]() |
||
2.2 – Listed in Novo Mercado | ![]() |
||
2.3 – Tag-Along rights (100%) | ![]() |
||
2.4 – Dividend Policy | ![]() |
||
2.5 – Free-Float (Minimum of 25% of the shares) | ![]() |
||
2.6 – Capital only represented by Common Shares | ![]() |
||
2.7 – Adhesion to the Arbitration Chamber | ![]() |
||
3 – ACCOUNTABILITY | |||
3.1 – Possibility of establishing the Fiscal Council | ![]() |
||
3.2 – Board of Directors composed by 6 to 8 members | ![]() |
||
3.3 – Two-year terms, with reelection allowed | ![]() |
||
3.4 – Board of Directors members elected by minority shareholders | ![]() |
There was no indication of minority | |
3.5 – Independent Directors | ![]() |
(more than 50%) | |
3.6 – Board of Directors with pre-determined activities as per Internal Rules | ![]() |
||
3.7 – Annual Report presents the Management participation in the Company’s Capital | ![]() |
||
3.8 – Annual Report presents the Management’s individual or aggregated compensation | ![]() |
||
3.9 – Financial Statements available according to the International Accounting rocedures | ![]() |
||
3.10 – Auditing, Internal control (COSO) | ![]() |
||
3.11 – The main executive is annually evaluated by Board of Directors | ![]() |
||
3.11.1 – The Board of Directors approves the Management evaluation | ![]() |
||
3.11.2 – The Board of Directors does its own evaluation and the Individual evaluation of each member of the Board | ![]() |
||
3.12 – The compensation of the executive officers is structured in order to be tied to the Company’s results | ![]() |
||
3.13 – The CEO and the Chairman of Board of Directors positions are performed by different persons | ![]() |
||
3.14 – Availability of: | |||
3.14.1 – Related parties contracts disclosed through CVM | ![]() |
||
3.14.2 – Stock Options Program | ![]() |
||
4 – Compliance | |||
4.1 – We obey regulatory rules expressed in By-Laws, Internal rules and Legal Institutions in the Country | ![]() |
||
4.2 – Committees | |||
4.2.1 – Audit, Risk Management and Compliance Committee | ![]() |
Report to the board of directors | |
4.2.2 – Conduct Committee | ![]() |
Report to the CEO | |
4.2.3 – Disclosure Committee | ![]() |
Report to the CFO | |
4.2.4 – Personal Management and Compensation Committee | ![]() |
Report to the board of directors | |
4.2.5 – Governance Committee | ![]() |
Report to the board of directors | |
4.2.6 – Sustainability Committee | ![]() |
Report to the CEO |