Pursuant to Brazilian legislation currently in force, limited liability companies and corporations must hold ordinary shareholders' meetings within the first four months of their fiscal year in order to :

  • Demand managers' accounts, examine, discuss and vote the financial statements relating to the prior fiscal year (as well as make a resolution, in the case of corporations, on the destination of net income and the distribution of the dividends);
  • Appoint managers (and members of the audit committee in the case of corporations), whenever applicable.

Approval Of Accounts – Fiscal Year 2014

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