Committees

In line with the best Corporate Governance practices and to support management decisions, Cyrela has the People and Sustainability Committee, the Statutory Audit Committee, the Strategy and Finance Committee, as well as various Commissions.

Definition of Committee: an advisory body to the Company’s Board of Directors whose purpose is to provide content and analyses to support the Board’s decision-making process.

The Statutory Audit Committee is a permanent collegiate body directly linked to the Board of Directors and, within the scope of its responsibilities set forth in its Internal Charter, its purpose is to advise the Board (i) in monitoring internal and external audit processes; (ii) in monitoring and controlling internal mechanisms and controls related to risk management; (iii) in monitoring the Company’s policies, including financial policies, in alignment with strategic guidelines and the business risk profile; and (iv) in making decisions related to the pursuit and adoption of the most advanced corporate governance practices, thereby contributing to decisions that achieve the best results for the company and its stakeholders. To access the internal charter, click here.

Members: Marcela Dutra Drigo (Coordinator), Afonso Sant’anna Bevilaqua, Rosangela dos Santos, and Rafaella Nogueira de Carvalho Corti (Secretary).

The People and Sustainability Committee is a support body to the Board of Directors (the “Board”) and aims to assist the Board in decision-making regarding human resources strategies, policies, and guidelines, ensuring that they are being properly applied, with respect to: i) organizational development; ii) people planning and development; and iii) compensation and benefits. The Committee also serves as a resource for management in establishing a culture and implementing means that enable the creation of sustainable value for the company and its stakeholders. To access the internal charter, click here.

Members: Rogério Frota Melzi (Coordinator), Rafael Novellino, Marcela Dutra Drigo, and Celso Antonio Alves (Secretary).

The Strategy and Finance Committee is an advisory body linked to the Board of Directors and aims to: (i) analyze and issue recommendations to the Board of Directors regarding investments for entry into and/or acquisition or increase of equity interests in new partnerships and/or companies; (ii) analyze and issue recommendations to the Board of Directors on investments focused on equity interests in new companies, funds, or vehicles in segments that complement the real estate activities that comprise the Company’s core business; (iii) assist management in the evaluation and monitoring of the current and potential markets in which the Cyrela Group operates, as well as current and potential competitors; (iv) assist management in defining the scope, guidelines, limitations, references, and basic parameters to be used for the preparation of the Cyrela Group’s Strategic Plan, among other responsibilities. The Strategy and Finance Committee has its own internal regulations. To access the internal regulations, click here.

Members: Afonso Sant’anna Bevilaqua (Coordinator), Ricardo Cunha Sales, João Cesar de Queiroz Tourinho, Sérgio Agapito Lires Rial, and Miguel Maia Mickelberg (Secretary).

Definition of Commission: an advisory body to the Company’s Executive Board whose purpose is to provide content and analyses to support the Board’s decision-making process.

The People Committee and the People Commission are distinct bodies: the former takes a more strategic approach and makes broader decisions, while the latter has a more operational nature, dealing with day-to-day decisions on matters ranging from assistants and apprentices to coordinators.

Additionally, Cyrela also has several other Commissions, as listed below: