Mr. Belmiro Gomes has been CEO of Assaí Atacadista since February 2011 and a member of the Board of Directors since October 2022. He studied accounting at Instituto de Educação Maringá and is a self-taught programmer—skills that led him to the food retail sector, where he has accumulated 35 years of experience. He began his career in the information technology sector, becoming a pioneer in developing systems for external sales automation in the early 1990s, as well as systems for store operations automation and commercial and logistics management systems for the wholesale sector. He also has a strong background in tax matters, particularly with indirect taxes and the various Brazilian state regulations. He joined Atacadão in Maringá (Paraná) in 1988, where he remained for 22 years. Starting in 2005, he led the internal preparation process for the company’s sale to the Carrefour Group. In 2010, he was invited by GPA to join the Assaí team—then a subsidiary of the company—initially as Commercial Director and later as CEO. He served as a statutory officer at GPA until the spin-off between the companies at the end of 2020. He is also a founding member and Chairman of the Board of ABAAS (Brazilian Association of Cash-and-Carry Wholesalers). Mr. Gomes led Assaí’s aggressive expansion in recent years, positioning the company as one of the largest retailers in Brazil and the only cash-and-carry business listed on the Brazilian stock exchange (B3). Under his leadership, Assaí was named the best wholesale and retail company in Brazil (Exame – Melhores e Maiores 2024) and the most recognized brand in both physical and digital retail (Branding Brasil). He fostered a strong culture of management, talent development, and career growth, leading to Assaí being recognized by GPTW in 2024 as the best food retail company to work for in Brazil (in the category of companies with over 10,000 employees). Mr. Gomes was named CEO of the Year 2022 by Consumidor Moderno and was ranked among the Top 10 CEOs in Brazil by Forbes the same year. Since 2024, he has also been recognized as a LinkedIn Top Voice in Brazil.

Mr. Castilho has been our operations vice-president since November 2012. He has more than 29 years of experience in the cash and carry sector, having served as store manager, regional manager and commercial manager for the states of Rio de Janeiro, Espírito Santo, Mato Grosso e Rondônia. Mr. Castilho worked at Atacadão from January 1992 to March 2012. Mr. Castilho studied business management at UNIP – Universidade Paulista.

Mr. dos Anjos has been our commercial vice-president since May 2011. He has more than 33 years of experience in the wholesale sector, having served as regional director of Atacadão from December 1988 to May 2011. Mr. dos Anjos studied marketing management at UNIP – Universidade Paulista and human resources management at FGV.

Mr. Aymar holds a degree in Business Administration and Finance from Fundação Getúlio Vargas (FGV), and has built his career in the areas of finance, treasury, and consumer credit, accumulating over 40 years of experience in the retail sector. He worked at Grupo Pão de Açúcar, where he served as Treasury Director for 10 years, until 2017, and later as CEO of Financeira Itaú – CBD from February 2017 to October 2018. From November 2018 to January 2021, he held the position of Financial Services Advisor. Since January 2021, he has been the Corporate Treasury Director of the Company.

Mr. Oscar holds a degree in Chemical Engineering from the Federal University of Rio de Janeiro. Since 2011, he has been a member of the Board of Directors at DASA, where he has also served as Vice Chairman of the Board and Coordinator of the Human Resources Committee. Since 2015, he has been a member of the Board of Directors at VPAR Participações (Votorantim Group); since 2019, a board member at Jalles Machado, where he has served as Chairman of the Board of Directors since 2020; and since 2021, a member of the Governance and Sustainability Committee at Localiza, where he also held roles as a member of the Audit, Risk and Compliance Committee, Chairman of the Board of Directors, and member of the Board of Directors, the latter from 2007 to 2023. In recent years, he has held the following positions: from 1996 to 1999, he served as CEO/COO of Bunge International; from 1999 to 2013, he was a member of the Advisory Board of Bunge Brazil, a food company; from 1999 to 2009, he was a member of the Board of Directors at Delphi United States; from 2003 to 2016, he served on the Advisory Board of Alcoa Brazil, an aluminum company; from 2005 to 2016, he was a member of the Board and Audit Committee of Suzano Pulp and Paper Company; from 2010 to 2018, he served on the Board and the Compensation, People Development, and Finance Committees of Praxair Inc. (United States), a company operating in the industrial gases sector; from 2001 to 2019, he was Senior Advisor to the CEO of Johnson Electric Holdings Limited (Hong Kong), an electric motor company, and until 2011, also served as a member of its Board of Directors; from 2011 to 2020, he was a board member at OMNI Táxi Aéreo, an aviation company; from 2007 to 2018, he also served on the Audit and Strategy Committees at Localiza; from 2012 to 2019, he acted as Vice Chairman of the Board of Directors and a member of the Strategy Committees at Marcopolo S.A., a transportation company; from 2003 to 2015, he was a member of the Board and the Management, People and Corporate Governance Committee at Gerdau S.A.; from 2003 to 2016, a member of the Board of Directors of Metalúrgica Gerdau S.A.; from 2012 to 2015, he was a member of the Strategy Committee at Vanguarda S.A.; from 2009 to 2017, he served on the Advisory Board of Amyris United States; and from 2018 to 2022, he was a member of the Board of Directors, the People Committee, and the Audit Committee of Mosaic.

Mr. José Roberto Meister Müssnich served as CEO of Atacadão S.A. for 14 years, leading the company’s sale to the Carrefour Group in 2007 and overseeing the management and expansion of the Atacadão brand in Brazil and abroad. Mr. Müssnich holds a Master of Science (MSc) in Business Management from PUCRS, a postgraduate degree in Business Administration from MAN/PUCRS, a specialization in Marketing (PPGA/UFRGS), a postgraduate degree in Business Administration (PPGA/UFRGS), and degrees in Business Administration and Public Administration from UFRGS. Mr. Müssnich is a member of the Board of Directors of Groupe LabelVie SA, a company listed on the Moroccan stock exchange with operations in Morocco, Côte d’Ivoire, and France. Throughout his career, he has held executive and consulting positions in various Brazilian and international companies and groups, including serving as a member of the Board of Directors of Dotz S.A. from 2021 to 2024. He has also had a long academic career as a professor at PUC/RS, ULBRA, UCS, UCUDAL/Uruguay, among other universities, teaching for over 20 years and receiving more than 40 academic honors in the fields of Marketing and Business Strategy. He was awarded the 2016 LIDE Award, recognizing him as one of eight Brazilian executives who contribute to the country’s development, promoted by the Group of Business Leaders – LIDE. Mr. Müssnich is considered an Independent Board Member, in accordance with the requirements set forth in the Novo Mercado Regulations.

Mr. Belmiro Gomes has been CEO of Assaí Atacadista since February 2011 and a member of the Board of Directors since October 2022. He studied accounting at Instituto de Educação Maringá and is a self-taught programmer—skills that led him to the food retail sector, where he has accumulated 35 years of experience. He began his career in the information technology sector, becoming a pioneer in developing systems for external sales automation in the early 1990s, as well as systems for store operations automation and commercial and logistics management systems for the wholesale sector. He also has a strong background in tax matters, particularly with indirect taxes and the various Brazilian state regulations. He joined Atacadão in Maringá (Paraná) in 1988, where he remained for 22 years. Starting in 2005, he led the internal preparation process for the company’s sale to the Carrefour Group. In 2010, he was invited by GPA to join the Assaí team—then a subsidiary of the company—initially as Commercial Director and later as CEO. He served as a statutory officer at GPA until the spin-off between the companies at the end of 2020. He is also a founding member and Chairman of the Board of ABAAS (Brazilian Association of Cash-and-Carry Wholesalers). Mr. Gomes led Assaí’s aggressive expansion in recent years, positioning the company as one of the largest retailers in Brazil and the only cash-and-carry business listed on the Brazilian stock exchange (B3). Under his leadership, Assaí was named the best wholesale and retail company in Brazil (Exame – Melhores e Maiores 2024) and the most recognized brand in both physical and digital retail (Branding Brasil). He fostered a strong culture of management, talent development, and career growth, leading to Assaí being recognized by GPTW in 2024 as the best food retail company to work for in Brazil (in the category of companies with over 10,000 employees). Mr. Gomes was named CEO of the Year 2022 by Consumidor Moderno and was ranked among the Top 10 CEOs in Brazil by Forbes the same year. Since 2024, he has also been recognized as a LinkedIn Top Voice in Brazil.

Mr. Enéas Pestana has extensive experience in the Brazilian food retail sector. He most recently served as Chairman of the Board of Directors at Lopes Supermercados and as CEO of Dia Brasil, CEO of JBS South America, and CEO of GPA – Grupo Pão de Açúcar, where he also held positions as CFO and Executive Vice President of Senior Operations. He currently serves as an independent member of the Board of Directors of other companies and is a Founding Partner of a consulting firm specializing in business management for companies in the Retail and Consumer Goods sectors. Mr. Pestana holds a degree in Accounting from the Pontifical Catholic University of São Paulo (PUC-SP) and has completed specialization programs in Controllership, Finance, Leadership, and Management at both national and international institutions.

Mr. Julio Cesar holds degrees in Engineering from Escola de Engenharia Mauá and in Business Administration from Universidade Presbiteriana Mackenzie. He also holds a postgraduate degree in Education from Instituto Singularidades and has completed dozens of development programs at institutions such as Singularity University, the Hebrew University of Jerusalem, among others. He worked at Unilever Brazil in various roles across Supply Chain, Trade Marketing, Regional Sales Leadership, and Corporate Affairs, and from 2000 to 2021 served as Vice President of Sales for Brazil and Latin America. He was a board member of the Instituto Mulheres do Varejo until 2021. Currently, he serves as a board member of Instituto Ser +, Honorary Advisor of Capitalismo Consciente Brasil, Founder of the Instituto Movimento Jovens do Brasil, and CEO of Compra Agora Latin America.

Ms. Leila holds a degree in Business Administration from Fundação Getulio Vargas (FGV) and a Master’s in Business Administration from COPPEAD/UFRJ. She also completed executive programs in Corporate Governance International at Columbia University and International Business at Johns Hopkins University, both in 2014. In 2015, she earned a Post-MBA in Corporate Governance and Capital Markets for Executives from B.I. International and completed the Board of Directors Program at IBGC. She later pursued executive education programs at Nova School of Business and Economics in 2016 and at KPMG’s Risk University in 2015, 2016, and 2018. In 2021, she completed the Sustainable Capitalism & ESG course at Berkeley. In 2024, she completed the Board Chairperson Program at IOD/IBGC and the Doing Business in China program at Tsinghua University. Currently, she serves as a member of the Board of Directors at Assaí, where she is also the Coordinator of the People, Culture and Compensation Committee and a member of the Governance and Sustainability Committee (since 2023); Chair of the Board of Directors and a member of the Finance and Audit Committee at FCC Indústria Química (since 2024); a member of the Board of Directors and the Strategy Committee at Anaconda (since 2021); and a member of the Advisory Board of Women Corporate Directors (WCD) (since 2024). Previously, she was a member of the Board of Directors, the Audit Committee, and the Minority Shareholders Committee at Companhia Paranaense de Energia (COPEL) from 2017 to 2023; a member of the Board of Directors, the Social and Environmental Responsibility Committee, and the Diversity Committee at JBS from 2021 to 2023; a member of the Advisory Board and the People and Compensation Committee at Casas Pernambucanas from 2018 to 2024; Chair and member of the Board of Directors at the Brazilian Institute of Corporate Governance (IBGC) from 2018 to 2022; a member of the Board of Directors and the People Committee at Madeira Energia (MESA) and Santo Antônio Energia (SAE) from 2017 to 2021, as well as of the Compliance, Governance and Investigation Committees from 2018 to 2019. She was also a member of the Advisory Boards of Costão do Santinho Resort and INPLAC Indústria de Plástico from 2016 to 2021; a member of the COPPEAD Advisory Board from 2005 to 2018; and a member of the Ethics Council of ABRACOM from 2021 to 2024. Ms. Leila also served as Executive Director at Telefônica Brasil and as a member of the Board of the Fundação Telefônica Vivo from 2010 to 2015; President and General Director of TVA (Grupo Abril) and member of the Board of Tevecap from 1997 to 2006; General Director and Board Member of DirectTV from 1997 to 1999; Commercial Director at Walmart from 1994 to 1997; and held executive roles in Marketing, Sales, Business, Procurement, and Human Resources at Mesbla from 1978 to 1994.

Mr. Miguel Maia Mickelberg holds a degree in Economics from UFRGS and an MBA from the MIT Sloan School of Management, where he also earned a Certificate in Finance. He currently serves as Chief Financial Officer (CFO) and Investor Relations Officer at Cyrela Brazil Realty S.A. Empreendimentos e Participações. Mr. Mickelberg is also a member of the Board of Directors at Cury Construtora e Incorporadora S.A., Lavvi Empreendimentos Imobiliários S.A., and Plano & Plano Desenvolvimento Imobiliário S.A. Before assuming the role of CFO, he served as Controller at Cyrela.

Artemio Bertholini has over 40 years of experience in the financial and accounting fields, as well as in university teaching. He holds a PhD in Business Administration from Florida Christian University (FCU), Orlando, USA (2005), with a dissertation titled “The Evolution of Arbitration in Brazil.” He also holds a Master’s degree in Accounting and Finance from the Pontifical Catholic University of São Paulo (PUC-SP, 2003), with a thesis titled “A Contribution to the Study of Special Purpose Entities in Brazil.”

Mr. Márcio Belli is a member of the São Paulo Academy of Accounting and has extensive experience in Financial Management, Accounting, Controllership, Auditing, and Business Valuation. Throughout his career, he has held positions such as Accountant, Financial Manager, Administrative Manager, Technical Director in Auditing, Controller, and Auditor. He holds a Livre-Docência in Business Administration from UNICAMP (University of Campinas), a PhD in Accounting Sciences from FEA-USP (School of Economics, Business and Accounting – University of São Paulo), and a Master’s degree in Accounting, Controllership, and Accounting Sciences, also from FEA-USP. He earned undergraduate degrees in Business Administration and in Accounting. Currently, he is an Associate Professor (MS5) at the School of Applied Sciences of UNICAMP and Coordinator of the specialization programs in Controllership and Finance and Executive Management at UNICAMP.

Mr. Adriano Seabra holds a degree in Electronic Engineering from the Federal University of Rio de Janeiro (UFRJ). He began his career in the financial market at Banco Garantia, where he worked in the São Paulo and Mexico City offices, remaining with the firm until its acquisition by Credit Suisse in 1998. He has served as Head of Equity Research and Portfolio Manager at GAP Asset, Opus Investimentos, and Itaverá Investimentos, where he was also a partner. He has been a member of several Boards of Directors and Fiscal Councils, including: Even Construtora (Board Member, 2015), Sanepar (Board Member, 2017–2022), Cesp (Board Member, 2017–2019), Eletropaulo (Board Member, 2018), Smiles (Board Member, 2019–2020), and Vale (Board Member, 2019–2021), where he also served on the Finance Committee from 2019 to 2022. He was also a Fiscal Council Member at Copasa from 2017 to 2018. Since 2018, he has been a member of the Board of Directors at Banrisul, and since 2024, a member of the Board of Directors at Grupo Cornélio Brennand. Mr. Seabra holds both the CFA and CGA (ANBIMA) certifications.

Mr. Marco Antonio holds degrees in Accounting from the Federal University of Rio Grande do Sul (UFRGS) and in Law from the Pontifical Catholic University of Rio Grande do Sul (PUCRS). He also holds postgraduate degrees in Business Management from IBMEC São Paulo and UFRGS. He is certified by the IBGC for his experience as a Board Member, Fiscal Council Member, and Audit Committee Member. Currently, he serves as an independent member of the Audit Committee at Vibra Energia, Banco da Amazônia, and Procergs. He has built his career in Brazil, Mexico, the United States, and India, holding leadership positions in finance, controllership, and internal auditing in companies across the auto parts, technology, machinery and equipment, steel, and aviation industries. He served as an Independent Fiscal Council Member at Falconi Consultores (2015–2017), General Shopping (2019–2022), Marisa Lojas (2020–2022), and Sanepar (2021–2023). He was also an Independent Board Member at Banrisul (2018–2019) and Petrobras Transportes (2018–2022), as well as an independent member of the Audit Committees at Petrobras Transportes, CEEE-RS, Hospital de Clínicas de Porto Alegre, and Corsan between 2018 and 2023.

Ms. Leda Hahn has extensive professional experience spanning government institutions (IPEA and the Ministry of Finance), consulting firms, investment banks, pension funds, and companies focused on port infrastructure investments. Her work has primarily involved investment analysis, financial projections, budget control for large-scale projects, negotiations for securing long-term loans for infrastructure investments, stakeholder engagement, and negotiations among controlling shareholders regarding market exit strategies for equity positions. She has also served as a member of boards of directors and fiscal councils of Brazilian companies listed on B3 (formerly Bovespa).

Mr. René Martins has been working in financial and strategic consulting since 2017. Prior to that, he held senior positions for over 30 years at large corporations such as Grupo Globo, Oi, Xerox, Pepsi-Cola International, and Aracruz Celulose (now Suzano), with responsibilities across the following areas: Investor Relations, Corporate Finance, Treasury, Project Financing, Business Unit Controllership, Project Controllership, Financial Planning, Consolidation and Analysis (FP&A), Pricing, and Economic and Financial Feasibility Studies.