Management, Board of Directors and Comittees

Board of Directors

Name Position
Marcelo Fernandez Trindade Chairman of the Board

Marcelo Fernandez Trindade. Mr. Trindade serves as chairman of our board of directors since December 7, 2020. He has been a practicing lawyer since 1986 and a professor at the Law Department of PUC-Rio since 1993. He has been chairman of the conduct committee of Ultrapar Participações S.A. since July 2013. Previously, he worked at the CVM from 2000 to 2007, serving as president of the CVM from 2002 until 2007. Mr. Trindade served as president of the Council of Securities Regulators of the Americas, or COSRA, from 2004 to 2005. Mr. Trindade holds a bachelor’s degree in law from Catholic Pontifical University of Rio de Janeiro (Pontifícia Universidade Católica do Rio de Janeiro), or PUC-RIO.

Flavio Nogueira Pinheiro de Andrade Chief Executive Position

Flavio Nogueira Pinheiro de Andrade. Mr. Andrade has been our chief executive officer since 2007. He served as a consultant for Hidroclean Serviços Marítimos between 2002 and 2007. In 2002, he also became chief operating officer of Imbrio Participações e Negócios S/C Ltda., a portal for technology startups. Between 1997 and 2000, Mr. Andrade was a naval engineer and operations manager at Navegação São Miguel Ltda. From 1995 to 1997, he founded and was executive officer and partner at Webcenter Internet Services S/C. In 1990, he founded Aracati Comércio Exportação Ltda., the first Brazilian company to receive a license (SIF) to export live lobsters. He began his career as an intern at CCN – Mauá Shipyard in 1986, where he also worked as a trainee, naval engineer and assistant to the board of directors. Mr. Andrade holds a bacherlor’s degree in marine engineering from the Federal University of Rio de Janeiro (Universidade Federal do Rio de Janeiro), and a graduate degree in oil from the Alberto Luiz Coimbra Institute of Graduate Studies and Research from the Federal University of Rio de Janeiro (Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa em Engenharia da Universidade Federal do Rio de Janeiro), or COPPE/UFRJ. Flavio is a serial entrepreneur, inventor, sailor, diver and an ocean lover.

Felipe Nogueira Pinheiro de Andrade Member

Felipe Nogueira Pinheiro de Andrade. Mr. Andrade has served as a member of our board of directors since 2014. He has served as the managing officer and co-founder of DOMO Invest, the leading venture capital asset manager in its segment in Brazil, since 2016. He dedicated more than 25 years of his career to M&A and asset management, assisting companies and investors in the processes of adding value, growth and consolidation of companies, acting today in the strategic management and governance of the investees of DOMO Invest’s FIPs. Mr. Andrade has acted as senior executive, partner and founder of financial institutions in Brazil and the United States (Flemings, Barclays Capital, Broadspan Capital and DOMO Invest, among others). His expertise in corporate transactions, economic and financial assessments, definition of optimal capital structure, management, leadership and governance is part of his professional experience. Mr. Andrade also has more than 15 years of experience serving on boards of directors of several companies. He is an asset manager, duly qualified by the CVM and was approved in Series 7-NASD in 2001. Mr. Andrade holds an MBA, with an emphasis on Corporate Finance, from the William E. Simon School of Business, University of Rochester.

Carlos Gustavo Perret Simas Member

Carlos Gustavo Perret Simas. Mr. Simas has been a partner at Dynamo since January 2000. Between 2009 and 2019, he was part of the analysis team of Dynamo Capital LLP, Dynamo’s London branch, and responsible for investment analysis of Dynamo’s global strategy. He began his career at Banco Icatu S.A., where he became a partner in 1994. From 2015 to 2016, he attended a masters in strategy and innovation at Said Business School, University of Oxford and from 2012 to 2018 he was a member of the Capital Markets Advisory Committee, IFRS Foundation. Mr. Perret Simas graduated in economics from PUC-RIO.

Luis Antonio Gomes Araújo Member

Luis Antonio Gomes Araújo. Mr. Araújo has more than 37 years of experience in the energy and oil and gas industries. Since 2019, he has been a member of the board of directors and the financing and strategy, compensation and talent committees of Magseis Fairfield’s. He also served as a member of the board of directors of Brastec Technologies from 2012 to 2013 and of Wellstream, from 2009 to 2011. He participated in the advisory board of the British Chamber of Commerce and Industry in Brazil – Britcham from 2005 to 2015, including as chairman of the board from 2011 to 2014, and of the Norwegian-Brazilian Chamber of Commerce from 2012 to 2014. He was chief executive officer of Aker Solutions from 2014 to 2020 and executive vice president and regional president of the same in Brazil from 2011 to 2014. Previously, Mr. Araújo served in the following positions: executive vice president and president in Brazil at Wellstream from 2004 to 2011, general manager – oil and gas systems at Asea Brown Boveri from 1997 to 2004, contract manager – project management department from 1995 to 1997, project sales manager – Europe and Africa from 1994 to 1995, subsea project engineering manager from 1992 to 1994 and leading project engineer from 1991 to 1992 at FMC Technologies; project engineer at Vetco Gray from 1985 to 1991, and offshore engineer at Technip Coflexip from 1983 to 1985. Mr. Araújo holds a bachelor’s degree in engineering from Universidade Gama Filho – Rio de Janeiro and an MBA from the University of Edinburgh.

Board of Executive Officers

Name Position
Flavio Nogueira Pinheiro de Andrade Chief Executive Officer

Flavio Nogueira Pinheiro de Andrade. Mr. Andrade has been our chief executive officer since 2007. He served as a consultant for Hidroclean Serviços Marítimos between 2002 and 2007. In 2002, he also became chief operating officer of Imbrio Participações e Negócios S/C Ltda., a portal for technology startups. Between 1997 and 2000, Mr. Andrade was a naval engineer and operations manager at Navegação São Miguel Ltda. From 1995 to 1997, he founded and was executive officer and partner at Webcenter Internet Services S/C. In 1990, he founded Aracati Comércio Exportação Ltda., the first Brazilian company to receive a license (SIF) to export live lobsters. He began his career as an intern at CCN – Mauá Shipyard in 1986, where he also worked as a trainee, naval engineer and assistant to the board of directors. Mr. Andrade holds a bacherlor’s degree in marine engineering from the Federal University of Rio de Janeiro (Universidade Federal do Rio de Janeiro), and a graduate degree in oil from the Alberto Luiz Coimbra Institute of Graduate Studies and Research from the Federal University of Rio de Janeiro (Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa em Engenharia da Universidade Federal do Rio de Janeiro), or COPPE/UFRJ. Flavio is a serial entrepreneur, inventor, sailor, diver and an ocean lover.

Haroldo Nogueira Solberg Executive Vice President

Haroldo Nogueira Solberg. Mr. Solberg has served as our executive vice president since 2017, having served as financial managing director between 2009 and 2017. Previously, he was branch manager of Banco Bonsucesso between 2006 and 2008, government channel manager of Telemar Norte Leste between 2001 and 2006, branch supervisor of Martins Comércio e Serviços de Distribuição in 2001, and managing partner of Aracati Exportação e Importação between 1990 and 1998. Mr. Nogueira Solberg holds a bachelor’s degree in production engineering from UFRJ, with a master’s degree in business from the Graduate and Research Institute of Administration of the Federal University of Rio de Janeiro (Instituto de Pós-Graduação e Pesquisa em Administração da Universidade Federal do Rio de Janeiro), or COPPEAD – UFRJ.

Maxim Medvedovsky Chief Financial Officer and Investor Relations Officer

Maxim Medvedovsky. Mr. Maxim Medvedovsky has over 27 years of experience in corporate finance, investment banking, maritime support services to the oil and gas industry, telecommunications industry, business process outsourcing and agribusiness and has been with our Company since 2019. He has served as executive director and member of the board of executive officers of the Oi Group, member of the board of directors of Tele Norte Leste and Telemar Norte Leste, alternate member of the board of directors of Brasil Telecom, member of the board of directors and head of Brasil Telecom Call Center. He held several executive (C-level) positions at Oi S.A. over the course of 15 years, including head of the B2C business unit, chief customer officer and administrative and financial director. He also served as managing director of Accenture, chief financial officer of Magnesita and chief financial officer and investor relations officer of JBS Foods. Previously, he held various positions in corporate finance, research and fund administration at Banco Icatu and Banco Patrimonio. Mr. Medvedovsky holds a degree in electrical engineering from PUC-RIO and an MBA from FGV-RJ and Dom Cabral.

Arthur Octavio de Avila Kós Filho IT and Innovations Officer

Arthur Octavio de Avila Kós Filho. Mr. Kós Filho is one of our co-founders and serves as our IT and innovations officer. In 2003, he founded Wbox Engenharia de Negócios, a company focused on the development and administration of innovative solutions and consulting in information technology. In 1996, he founded Wcenter Consultoria, a pioneer company in software development and technology. From 1992 to 1995, he worked at Multitel Microeletrônica S.A., where he held the position of head of the quality control department. In 1993, he founded Fluxo Engenharia (Junior Engineering Company of Rio de Janeiro State University). Mr. Kós Filho holds a bachelor’s degree in production engineering from UFRJ, as well as graduate degrees in finance and accounting from PUC-RIO, business – oil and gas from COPPE/UFRJ and security engineering from Cândido Mendes University.

Erik Fabian Gomes Cunha Commercial Officer

Erik Fabian Gomes Cunha. Mr. Cunha holds four concurrent positions: vice president of the National Union of Marine Navigation Companies (Syndarma Sindicato Nacional das Empresas de Navegação Marítima), or Syndarma, since 2017; vice president of the Brazilian Association of Marine Support Companies (Associação Brasileira de Empresas de Apoio Marítimo), or Abeam, since 2019; our commercial officer of our company since 2013 and officer of Servmar since July 2019. He was president of Fundação Promar from 2007 until 2012. He served as executive director of Cepemar from 2006 to 2011 and as information technology manager from 2002 to 2006. Mr. Cunha was a commercial and new business officer at CP+ Soluções em Meio Ambiente. He was a teacher at Estácio between 2002 and 2010. Previously, he served as commercial manager at Datasul from 2000 to 2002. He served as a systems coordinator at Grupo Águia Branca from 1995 to 2000. Mr. Cunha holds a bachelor’s degree in computer science from the Victorian Association of Higher Education (Associação Vitoriana de Ensino Superior). He also holds graduate degrees in software engineering from the Federal University of Espírito Santo, in environmental economics from the University of Paraná and in business from FGV, as well as a master’s degree in finance and accounting from FUCAPE Business School.

Luiz Izidório Soares Pinto Operations Officer

Luiz Izidório Soares Pinto. Mr. Pinto has been working with our company since 2008, and until 2015 he worked in our commercial area, negotiating with companies such as Petrobras, Anadarko and Chevron. Since then, he has been our executive director of maritime operations. He served as operational superintendent at Hidroclean Serviços Marítimos from 2002 to 2008 and as deck officer at Fronape (Transpetro) from 1997 to 1998. In 1998, he joined São Miguel Shipping Company, acting as the ship’s captain. Mr. Pinto holds a bachelor’s degree in nautical sciences from Merchant Marine School of Rio de Janeiro, or EFOMM and has a graduate degree in business – oil and gas from COPPE – UFRJ.

Ricardo Lutz da Cunha e Menezes Technical Officer

Ricardo Lutz da Cunha e Menezes. Mr. Menezes has worked at our company since 2012 and as of the date of this offering memorandum, serves as technical officer. Previously, he served as an engineering director, commercial director, commercial manager and engineering industrial advisor at Estaleiro Atlântico Sul. He was the general technical manager at Camargo Corrêa from 2004 to 2007 and general technical manager at Navegação São Miguel from 1998 to 2004. Mr. Menezes worked at Bureau Veritas Brasil for five years, where he held the position of senior surveyor. From 1992 to 1993 he was ship maintenance manager at Hydrocarbon Industries. In 1989 he joined Lisnave Shipyard in Lisbon, acting as ship manager. He began his professional career in 1988 as a structural engineer at Mauá Shipyard. Mr. Menezes holds a bachelor’s degree in naval architecture from UFRJ in 1987 and a graduate degree in business from FGV.

Marcelo Côrtes Monteiro da Silva Emergency Response Officer

Marcelo Côrtes Monteiro da Silva. Mr. Silva serves as our emergency response officer, responsible for all offshore operations, maintenance and logistics. From 2004 to 2009, he was manager of operations at Hidroclean Serviços Marítimos, where he was responsible for offshore and port operations and training at 16 operational bases in Brazil. In 2002, he joined Queensland National Park and Wildlife Service, acting as supervisor and responsible for environmental impact mitigation and management plan. He began his career in 2000 at Gonna Adventures, where he was logistics coordinator, responsible for transportation, accommodation and general support. Mr. Silva holds a bachelor’s degree in applicable sciences – management of protected areas from the University of Queensland.

Gustavo Lutz Menezes Petry Business Support Officer

Gustavo Lutz Menezes Petry. Mr. Lutz has worked at our company since 2007, where he began as the new business development manager and as of the date of this offering memorandum, serves as the head of our commercial and operations departments and as business support officer. He served as chief financial officer of Gardline Marine Sciences do Brasil S.A. from 2013 to 2019. From 2011 to 2013, Mr. Lutz was manager of the emergency planning and management department at O’Brien’s do Brasil Consultoria em Emergências e Meio Ambiente S.A. He began his career at Hidroclean Serviços Marítimos as a trainee in 2006 and became operations and commercial supervisor in 2007. Mr. Lutz holds a bachelor’s degree in production engineering from UFRJ and graduate degrees in business – oil from COPPE/UFRJ and in corporate finance from Fundação Getúlio Vargas in Rio de Janeiro, or FGV-RJ.

Audit and Compliance Committee

Name Position
Carlos Gustavo Perret Simas Member

Carlos Gustavo Perret Simas. Mr. Simas has been a partner at Dynamo since January 2000. Between 2009 and 2019, he was part of the analysis team of Dynamo Capital LLP, Dynamo’s London branch, and responsible for investment analysis of Dynamo’s global strategy. He began his career at Banco Icatu S.A., where he became a partner in 1994. From 2015 to 2016, he attended a masters in strategy and innovation at Said Business School, University of Oxford and from 2012 to 2018 he was a member of the Capital Markets Advisory Committee, IFRS Foundation. Mr. Perret Simas graduated in economics from PUC-RIO.

Marcus Vinícius Dias Severini Member & Accounting Specialist

Marcus Vinicius Dias Severini. Mr. Dias Severini is has served as a member of the audit committee of the Fundação Vale do Rio Doce de Seguridade Social, or VALIA, since January 2019. He also served as a member of the fiscal council of BRF S.A. from April 2015 to April 2019 and of Mills Estruturas e Serviços de Engenharia S.A. from April 2015 to April 2018. He was president of the Deliberative Council of VALIA and controlling director of Vale S.A. from May 2007 to March 2015. Previously, Mr. Dias Severini served as a member of the fiscal council of Fertilizantes Fosfatados S.A. – Fosfértil, the Brazilian Aluminum Association (Associação Brasileira do Alumínio), Usinas Minas Gerais S.A. – Usiminas, Companhia Siderúrgica de Tubarão – CST, and Caemi Mineração S.A. He also worked for 12 years in consulting and auditing at Arthur Andersen S/C. Mr. Dias Severini has a bachelor’s degree in accounting degree from UniverCidade, an engineering degree from the Federal University of Rio de Janeiro (Universidade Federal Fluminense), and a graduate degree in economic engineering from UniSuaw.

Ana Maria Siqueira Dantas Chairperson

Ana Maria Siqueira Dantas. Ms. Siqueira Dantas is a founding partner of Artha Educação, an institution that works with companies on issues related to sustainability. She has held the position of tax advisor at BR Malls Participações S.A. since May 2019, and at Mills Estruturas e Serviços de Engenharia S.A. from May 2017 to April 2018. Ms. Siqueira Dantas worked at several banks and asset management funds for 20 years. She was co-manager of the IP.com fund and founding partner and manager of Jardim Botânico Investimentos from January 2000 to January 2003, adviser to the board of directors of BNDES from March 1999 to January 2000 and a senior investment analyst at Banco Icatu S.A. from March 1995 to March 1999. She started her career at Shell Brasil, where she worked in strategic and financial planning for eight years. Ms. Siqueira Dantas holds an bachelor’s degree in engineering from UFRJ and a master’s degree in administration with an emphasis in finance from PUC-RIO. Ms. Siqueira Dantas has a Certification for Directors from the Brazilian Institute of Corporate Governance (Instituto Brasileiro de Governança Corporativa), or IBGC and serves as vice-chairperson of the IBGC Peoples’ Committee.