Management, Board of Directors and Comittees

Luis Antonio Gomes Araújo. Mr. Araujo has 40 years of experience in the energy and oil and gas industries, holding the positions as Chief Executive Officer of Aker Solutions from 2014 to 2021 and other senior level positions in Aker Solutions, Wellstream, ABB, FMC Technologies, Vetco Gray and Technip Coflexip throughout his career. He currently serves as the Chairman of the Board of OceanPact Serviҫos Marítimos S.A. (listed in Brazil), CRC Evans (UK privately held) and Principle Power (privately held) and as a board member of Akastor ASA (listed on the Oslo Stock Exchange). He also served as a non-executive director of Magseis Fairfield ASA from 2019 until TGS acquired a majority equity interest in Magseis Fairfield in 2022.  Mr. Araujo was first elected as a Director of TGS in 2023.

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.

Ana Maria Siqueira Dantas. Ms. Siqueira Dantas is a production engineer from UFRJ – Universidade Federal do Rio de Janeiro (1988), with a specialization in Business Administration from PUC-Rio (1994). She received the title of CFA in 2001 and the ESG Investing certification from the CFA Institute in 2022. She is Leader of the ESG Committee and member of the Advocacy Committee of the CFA Society Brazil (since August 2021), Board Member of the Company (since April 2022 ) and member of the Company’s Audit and Compliance Committee (since February 2021). Co-writer of the AMEC Stewardship Code (2016), was a member of the Executive Committee of the Brazilian Stewardship Code (from September 2021 to February 2024), Fiscal Advisor of BR Malls Participações (2019 to 2021) and Mills Estruturas e Serviços de Engenharia (2017 to 2018). She began her career at Shell Brazil (1987 to 1995) and, over almost 20 years, held executive positions in banks (Icatu, BNDES, ABN and Santander) and was a partner in the management companies IP Capital Partners, JB Partners and Ventor Investimentos, having She was one of the first equity research analysts to incorporate corporate governance into the investment process (1995). She co-authored several books and was also a columnist for Capital Aberto magazine (2016 to 2023). Ana Siqueira is a Professor of the Stakeholders and ESG course at FIA, since 2021.

Fabio Schvartsman. Mr. Schvartsman has a degree in Production Engineering (Poli/USP – Escola Politécnica da Universidade de São Paulo, 1976), postgraduate in Business Administration (EAESP/FGV – Escola de Administração de Empresas de São Paulo da Fundação Getúlio Vargas, 1979 ) and Production Engineering (Poli/USP – Polytechnic School of the University of São Paulo, 1977). Served as President of Vale S/A (05/17-04/20); General Director of Klabin S.A. (02/2011 to 04/17); President of SanAntonio Internacional (04/2008 to 04/2010); President of Telemar Participações S.A. (04/2007 to 02/2008); at Ultrapar (Grupo Ultra from 05/1985 to 04/2007), he served as Planning Superintendent, Planning Director, Planning and Control Director, Investor Relations Director, President (Ultraprev), Managing Partner (Ultra S.A. – controlling company of Ultrapar) and CFO/Superintendent Financial Director (Ultrapar); at Duratex S.A. (02/1976 to 04/1985), he served as Head of the Economic Studies Sector, Head of the Development Division and Head of the Planning Department at Duratex. He currently holds the position of member of the Board of Directors of Vibra Energia S.A.

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), 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 and Owner/President Management Program (OPM) from Harvard Business School. Flavio is a serial entrepreneur, inventor, sailor, diver and an ocean lover.

Luis Claudio Rapparini Soares. Mr. Soares has been a civil engineer since 1986, having graduated from PUC-Rio, in addition to having a postgraduate degree in Information Technology and a master’s degree in Finance from the same university. He was CFO and Director of Investor Relations at Souza Cruz S.A. (2006 – 2010), Executive Vice President of Finance and Director of Investor Relations at Raizen S.A. (2011 – 2014) and Executive Vice President and Chief Audit Executive at Royal Dutch Shell (2014 – 2018). He was a member of the Board of Directors, Chairman of the Audit and Risk Committee, and member of the Finance and Performance Committee of CCR S.A. (2019 – 2023). He currently holds the position of member of the Board of Directors and the Remuneration Committee of Datatec LTD, member of the Audit and Risk Committee, Remuneration Committee and Finance Committee of Logicalis LATAM, President of the Fiscal Council of Rumo S.A. and President of the Management Committee Compass S.A. Audit.

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), 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 and Owner/President Management Program (OPM) from Harvard Business School. Flavio is a serial entrepreneur, inventor, sailor, diver and an ocean lover.

Mr. Adriano Ranieri Cervinho Viana holds an undergraduate degree in Chemical Engineering from PUC-Rio, 2001, a graduate degree in Petroleum Engineering from PUC-Rio, 2003, and certifications in Crisis Management and Business Continuity, MIT Professional Education, from Cambridge, MA, 2017; Project Management from FGV, 2009; and the International Petroleum Management Certificate Program, from IHRDC-Boston, 2008. He boasts more than 20 years’ professional experience in the areas of the environment, operational safety and emergency, and crisis management. He has led the implementation of the Incident Command System in companies of different sizes and sectors, including large international companies operating in the oil and gas sector, including Petrobras. In the mining sector, he has worked on the implementation of the ICS at Vale, and as a Specialist Consultant in Crisis Management focused on senior management issues. He is a scholar in the field of resilience, and also participates quite actively in international congresses, where he has lectured on various technical panels related to the subject.

Eduardo de Toledo. Mr. Toledo graduated from production engineering and economics in 1986 and 1987, respectively, by USP. Mr. Toledo also has attended International Executive Programme (INSEAD – Fontainebleau) and Entrepreneurship and Competitiveness (Columbia University – NYC). Formerly, he was part of Ultra Group, working more than 20 years in roles such as Treasurer, Chief Administrative Officer at Oxiteno, Chief Operational Officer at Ultracargo and Executive Officer at Ultrapar. Mr. Toledo has also worked for two and a half years at Klabin, as Supply Chain Officer and Chief Financial and IR Officer. His last executive position, before OceanPact, was as Vice President of CCR, managing the Financial, IR, Controllership, HR and Engineering and Technology areas (November 2018 – October 2020). Mr. Toledo was member of the Board of Directors of Odontoprev for 20 years, holding the position of Chairman of the Board and Coordinator of the Audit Committee. He has been a Member of the Board of Directors of Serena since July 2017 and Hidrovias do Brasil since June 2024.

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.

Fernando Borensztein is an Environmental Engineer with a degree from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ). He has worked for over 20 years in the areas of Energy and Environmental Management for various national and multinational companies. He began his career as an environmental consultant in the areas of licensing and implementation of environmental management programs for energy and offshore oil and gas projects in a number of Brazilian basins. In 2003, he joined Devon Energy as Health, Safety and Environment Manager, and was also responsible for structuring the company’s Corporate Social Responsibility and Sustainability areas in Brazil. In 2011, he became CEO of Vanco Exploration Company, a Brazilian subsidiary of the North American PanAtlantic Exploration Group, where he remained until 2014. He was then invited to become CEO of CEPSA E&P, Spain’s leading European oil and gas and energy company. In 2021, he was invited to join the team at OceanPact Serviços Marítimos, where he currently holds the position of New Business and Sustainability Director.

Mr. Borensztein holds a postgraduate degree in Sanitary and Environmental Engineering from the Federal University of Rio de Janeiro (UFRJ), a Master’s degree in Environmental Planning from Oxford Brookes University in England, and an MBA in Business Management from the Brazilian Petroleum Institute (IBP).

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.

Ana Maria Siqueira Dantas. Ms. Siqueira Dantas is a production engineer from UFRJ – Universidade Federal do Rio de Janeiro (1988), with a specialization in Business Administration from PUC-Rio (1994). She received the title of CFA in 2001 and the ESG Investing certification from the CFA Institute in 2022. She is Leader of the ESG Committee and member of the Advocacy Committee of the CFA Society Brazil (since August 2021), Board Member of the Company (since April 2022 ) and member of the Company’s Audit and Compliance Committee (since February 2021). Co-writer of the AMEC Stewardship Code (2016), was a member of the Executive Committee of the Brazilian Stewardship Code (from September 2021 to February 2024), Fiscal Advisor of BR Malls Participações (2019 to 2021) and Mills Estruturas e Serviços de Engenharia (2017 to 2018). She began her career at Shell Brazil (1987 to 1995) and, over almost 20 years, held executive positions in banks (Icatu, BNDES, ABN and Santander) and was a partner in the management companies IP Capital Partners, JB Partners and Ventor Investimentos, having She was one of the first equity research analysts to incorporate corporate governance into the investment process (1995). She co-authored several books and was also a columnist for Capital Aberto magazine (2016 to 2023). Ana Siqueira is a Professor of the Stakeholders and ESG course at FIA, since 2021.

Luis Claudio Rapparini Soares. Mr. Soares has been a civil engineer since 1986, having graduated from PUC-Rio, in addition to having a postgraduate degree in Information Technology and a master’s degree in Finance from the same university. He was CFO and Director of Investor Relations at Souza Cruz S.A. (2006 – 2010), Executive Vice President of Finance and Director of Investor Relations at Raizen S.A. (2011 – 2014) and Executive Vice President and Chief Audit Executive at Royal Dutch Shell (2014 – 2018). He was a member of the Board of Directors, Chairman of the Audit and Risk Committee, and member of the Finance and Performance Committee of CCR S.A. (2019 – 2023). He currently holds the position of member of the Board of Directors and the Remuneration Committee of Datatec LTD, member of the Audit and Risk Committee, Remuneration Committee and Finance Committee of Logicalis LATAM, President of the Fiscal Council of Rumo S.A. and President of the Management Committee Compass S.A. Audit.

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.