Bachelor in Business Administration from FGV/EAESP, former co-CEO, José Augusto Aragão was Director of Operations since 2013, when he joined the Company.

Partner at Gávea Investimentos, company he joined in 2016. From 2012 to 2016 worked as an associate at Credit Suisse Bank. Also, in 2011, André worked as an analyst at the WestLB London Bank. Currently, he is member of the Board of Directors of Natural One S.A. and member of several other committees in the company. Is the Fiscal Advisor of Arca+

Lúcia Co-founded Armac in 1994, and only worked at the company ever since

Economist graduated from Insper, he has served as Chief Executive Officer and Chief Financial Officer since 2015 when he joined the Company. Prior to Armac, he served on the financial advisory team at Rothschild & Co.

Chief Executive at Anima Investimentos since 2011. It is also member of the Board of Instituto Semeia since 2012 and Director of SPN Gestão since 2013. Has a bachelor’s degree in Production Engineering from the USP Polytechnic School and an MBA from the London Business School.

Partner at Makalu Partners, where he advises clients on mergers and acquisitions. Before joining Makalu Partners he worked as a financial advisor at Rothschild & Co. Has a bachelor’s degree in economics from Insper Institute of Research and Technology

Mr. Fábio Colletti Barbosa is CEO at Natura since 2022 and has been a member of the Board of Directors of Grupo Itaú Unibanco since 2015. He has been a member of the Board of Directors of Grupo Natura since 2017, of Companhia 
Brasileira de Metalurgia e Mineração (CBMM) since 2015 and of Ambev since 2021. Abril Comunicações S.A. (2011 to 2014); Chairman of the  Board of Directors of Banco Santander (Brasil) S.A. (2011); 
Chief Executive Officer of Banco Santander S.A. (2008 to 2010) and Chief Executive Officer of Banco ABNAMRO/Real S.A. (1996 to 2008). He also held the position of Chairman of the Board of Directors
of Fundação OSESP (2012 to 2019). He is currently a member of the Council of the United Nations Foundation (USA) since 2011;  member of the Board of Directors of Instituto Empreender Endeavor 
since 2008 (Chairman since 2015); and member of the Investment Committee of Gávea Investimentos since 2015. He holds a bachelor's degree in Business Administration from Fundação Getulio Vargas 
(FGV), São Paulo, Brazil and a master's degree in Business Administration from the Institute for Management Development (IMD), Lausanne, Switzerland.

Mr. Ricardo Perez Botelho is CEO and Vice-Chairman of the Board of Directors of Grupo Energisa. Born in June 1959, graduated in Electronic Engineering from the Pontifical Catholic University of 
Rio de Janeiro, has a specialization in Microelectronics at Arizona State University, is a former Electronic Engineer at CFLCL, GTE Laboratories and GTE Communications Products – Tempe, in Arizona ( USA). 
He served as head of the Development Team at Micron Technology – Signal Processing Group, in Arizona (USA). He is currently vice-chairman of the Board of Directors of Energisa Sergipe – "Distribuidora 
de Energia S/A"; Energisa Paraíba – "Distribuidora de Energia S/A"; Energisa Borborema – "Distribuidora de Energia S/A"; Energisa Minas Gerais – "Distribuidora de Energia S/A;  Energisa Mato Grosso – 
"Distribuidora de Energia S/A"; Energisa Mato Grosso do Sul – "Distribuidora de Energia S/A" and Energisa Tocantins – "Distribuidora de Energia S/A".

Industrial engineer graduated at Universidade Federal do Rio de Janeiro and variable income analyst (buy side) at Opportunity since May 2020. Works in the management team of Logica Fund with Dório Ferman (main Opportunity fund). Before joining Opportunity, he worked as Equity Research Director at Credit Suisse Brazil (sell side), analysing Infrastructure, Transportation, Rental and Capital Goods sectors. Felipe also worked at Barclays for 2 years, and as a consultant in logistics and supply chain for 5 years (ILOS and Infra Partners).

Economist graduated from Insper, he has served as Chief Executive Officer and Chief Financial Officer since 2015 when he joined the Company. Prior to Armac, he served on the financial advisory team at Rothschild & Co.

With a bachelor degree in business administration, and a MBA from the Kellogg School of Management, Northwestern University , Cassio Castardelli is an executive with 20 years of experience in leading positions in various sectors. Before joining Armac, he was the CFO of Tópico Locações, a portfolio company from the Southern Cross Group (private equity) focused on rental of flexible warehouses. He also served as CFO at Gran Coffee, an invested company from Patria/Blackstone in the food and beverages sector, leading the organic expansion and integration of numerous M&As. Prior to Gran Coffee (Patria/Blackstone), Cassio was the CFO of Radar Agricultural Properties, a real estate company from TIAA-CREF and Cosan Group for 7 years. He also served as Fiscal Board Member at Comgas (part of the Cosan Group). Cassio started his career at Natura Cosmetics in the financial and new business development areas.

Renato holds a bachelor’s degree in Electronic Engineering and Automation from IME, a MBA from IESE Business School, and is also a Black Belt. He started his career in consulting and later joined as a global trainee at Ambev. Held leadership positions in food and beverage, retail, education, real estate and e-commerce sectors. Before joining Armac, was National Head of Service Level at Ambev, Operations VP at MadeiraMadeira, and Operations Director at Quinto Andar and Arco Educação.

Luciano has 25 years of experience in the machinery industry, acting in different positions in multinational companies. He began his career in After-sales Support for CNH Agriculture. At Volvo CE, was the Head of After-sales and LATAM Commercial Director and then spent 6 years as a Vice-President at Komatsu Construction Equipment in Brazil. Luciano holds a degree in Engineering at Unicamp, an MBA at UNIP and a specialization in Marketing
at FAE Business School.

Evandro Rezera has extensive professional experience, having worked for 12 years at PwC, focusing on auditing and preparation of financial statements. He also served as CFO in large companies in Brazil and abroad, such as Sanofi and Mondelez. At Sanofi, he also held the position of Vice President of Internal Audit, responsible for auditing operations in Europe, Africa, Middle East, Eurasia and corporate functions.

He graduated and held a master’s degree in accounting, having attended a Master of Business Administration at USP in 2007, in addition to having taken, in 2020, a specialization course in Digital Strategy at MIT

Partner at Makalu Partners, where he advises clients on mergers and acquisitions. Before joining Makalu Partners he worked as a financial advisor at Rothschild & Co.

Has a bachelor’s degree in economics from Insper Institute of Research and Technology

Eduardo Georges Chehab has extensive professional experience, having served as a member of the Board of Directors of several national companies, in addition to having been a member of the Fiscal Council of companies such as Banco do Brasil, CSU Cardsystem and Editora do Brasil. He is currently a member of the Fiscal Council of Multiner and Mesa Participações, where he held the position of chairman of the Fiscal Council for two years, and Ecorodovias.

He holds a degree in Civil Engineering from Escola Politécnica da USP, a postgraduate degree in business administration from FGV, and a Master of Business Administration degree from Insper in 2005.