Notice to the Market – Election of new member of the Board of Directors
Fortaleza (CE), July 31, 2019 – HAPVIDA PARTICIPAÇÕES E INVESTIMENTOS S.A. (B3: HAPV3 – Company) pursuant to the Novo Mercado Regulation of B3 S.A. – Brasil, Bolsa Balcão, hereby informs its shareholders and the market in general that Mr. Márcio Luiz Simões Utsch was elected a temporary board member at a meeting of the Company’s board of directors held today. He will replace the former member of the board of directors, Mr. Carlos Massaru Takahashi, as an independent member until the next general meeting of the Company, which will be called in due time to ratify such election.
Mr. Márcio Luiz Simões Utsch holds a law degree from “Universidade Paulista”, an MBA in advanced management and finance from “Fundação Dom Cabral/INSEAD”, and specialization in retail administration from “COPPEAD/UFRJ”. He worked at Alpargatas Group as an officer from 1997 to 2003 and as CEO from 2003 to January 2019. He is Chairman of the Board of Directors of Cemig since February 2019 and director of Martins Distribuidora. He is also a member of the advisory board of the Mantiqueira Group, Bauducco and Santher.
In this respect, Mr. Márcio Luiz Simões Utsch will contribute to the Company’s strategic planning and to the improvement of its corporate governance structure.
Finally, the Company announces that, except for today’s movement, other positions and committees that composes the Company’s management remain unchanged.
Bruno Cals de Oliveira
CFO and Investor Relations Director