Administration and Governance - Usiminas

EXECUTIVE BOARD

The mission of the Executive Board is to establish guidelines for Usiminas’ management, directing them in internal and external relations. It has its obligation to act in an ethical manner, focused on the interests of diverse parties (stakeholders) involved in each one of the companies and, at the same time, focus on the high quality of the products and services offered to society, promoting socio-environmental corporate responsibility.

Like members of the Board of Directors, the executive officers have two-year terms, with possibility of re-election.

Learn about the members of the Executive Board of Usiminas:

Name Office

Sergio Leite de Andrade CEO

Holds a BS degree in Metallurgical Engineering by the Federal University of Rio de Janeiro (UFRJ) and a Master’s degree in Metallurgical Engineering by the Federal University of Minas Gerais (UFMG). At the company, he was a Research Engineer, Heavy Plate Integrated Control Engineer, Head of the Steel Shop Metallurgical Unit and Slabbing Mill, Head of the Standardization Unit for Heavy Plates, Hot and Cold Rolled Coils, Superintendent of the Research and Development Center; President, Quality Commission; and Superintendent of Marketing. He held the posts of President/Director of Business.

Alberto Akikazu Ono CFO and IRO - Finance and Investor Relations Vice-President Officer

Prior to joining Usiminas in 2009, he worked in other Mining & Metallurgy companies such as Aços Villares SA, CBMM, Votorantim Industrial and Votorantim Siderurgia.

Holds a Ph.D. in Metallurgy from The University of Tokyo and a M.Sc. in Metallurgical Engineering from the University of São Paulo.

Américo Ferreira Neto Industrial Vice-President Officer

He joined Usiminas as an apprentice at the age of 14. The professional path allowed Américo, in these three decades, to act in different areas until he was appointed VP Industrial in 2020

Electrical engineer by Unisanta, with specialization in industrial automation by Unisantos and MBA in project management by FGV, Américo is a master’s student in Electrical Engineering at the University of São Paulo (USP)

Kohei Kimura Vice-President of Technology and Quality

Prior to joining Usiminas, he worked at Nippon Steel & Sumitomo Metal Corporation

Kohei Kimura holds M.Eng. in Metallurgy from Osaka University

Miguel Angel Homes Camejo Commercial Director Vice-President

Prior to joining Usiminas, he was General Manager for the Andean Region of Ternium Colombia and Exports Manager at Ternium Sidor

Graduated with a degree in Economy from Universidad Catolica Andres Bello, in Venezuela, and has completed different management programs at Chicago Booth and Stanford University in California, USA.

Yoshiaki Shimada Corporate Planning Vice President Officer

Prior being appointed VP of Corporate Planning, he served as a member of the Board of Directors of Usiminas. Before joining Usiminas, he worked in the Nippon group since 1986, with his last position as President and CEO of Nippon Steel North America, Inc.

Bachelor of Laws from Keio University.

BOARD OF DIRECTORS

The Board of Directors of Usiminas should establish general orientation for business and decide on strategic matters, with purpose of carrying out the following guidelines:

Promote the continuous growth of the Company, always respecting its values and its social function, exercising its legal and statutory competence and observing the corporate purpose of the Company and its controlled, subsidiary and associated companies.
Ensure the interests of all shareholders, without disregarding the other stakeholders;
Ensure the perpetuity of the Company within a long-range perspective and of sustainability, which incorporates considerations of a social, environmental and corporate governance nature in the definition of business and operations;
Adopt an agile management structure, made up of qualified professionals with a spotless reputation;
Formulate guidelines for the management of the Company and its subsidiaries and associated companies, which will be reflected in the annual budget;
Ensure that the strategies and guidelines are effectively implemented by the Executive Board, without, nevertheless, interfering in operational matters;
Prevent and manage situations of conflict of interest or divergence of opinions in such a manner that the Company’s interest always prevails.

It is the Board’s responsibility to elect the Executive Officer and determine his functions. The Board is in permanent evolution to adapt to market requirements.

The Board is made up of eight effective members – and their respective alternates – elected in a General Shareholders’ Meeting for a term of two years, re-election being permitted, which meets normally four times a year, as per a previously established schedule. Extraordinary meetings always occur as deemed by the corporate interests.

Learn about the Board of Directors Members:

MEMBER EFFECTIVE

Name Office

Elias de Matos Brito Member

Hiroshi Ono Member

Edílio Ramos Veloso Member

Oscar Montero Martinez Member

Rita Rebelo Horta de Assis Fonseca Member

Holds an Executive MBA in Finance by IBMEC Business School, Specialization in Financial Administration by the Dom Cabral Foundation and Economic Sciences by PUC/MG. She has experience as planning superintendent and investment analysis superintendent, economic-financial analyst and cost and budget analyst at Usiminas. At present, she is an Effective Member of the Board of Directors of the Company.

Ronald Seckelmann Member

Holds a BS in Business Administration by the Getúlio Vargas Foundation, having taken part in the International Competitive Strategy Seminar, Harvard Business School. He was a Financial Analyst at Cargill Agrícola S.A.; Division Controller, Alcoa Alumínio S.A.; Planning and Control Director, Vidraria Santa Marina S.A. (Saint Gobain Group); CFO and CAO, Igaras Pápeis e Embalagem S.A.; CFO and IR Director, Klabin S.A.; CFO/Director, Bertin S.A. He was the Finance and Investor Relations Vice-President Officer at USIMINAS and at present, he is an Effective Member of the Board of Directors of the Company.

Ruy Roberto Hirschheimer Board of Directors President

Yuichi Akiyama Member

ALTERNATE MEMBERS

Name Office

Fernando Duelo Van Deusen Member

Gileno Antônio de Oliveira Member

Henrique de Rezende Vergara Member

Mario Giuseppe Antonio Galli Member

Tatsuya Miyahara Member

Yusuke Tajiri Member

FISCAL COUNCIL

Made up of members elected in General Meeting, the Permanent Fiscal Council should audit Usiminas’ management and certify that they are performing their legal duties, as set forth in the Company By-Laws.

The Fiscal Council also analyzes the accounting statements, gives an opinion on the investment plans and budgets and issues an opinion in case of proposals modifying the capital, dividend distribution or in the case of transformation, incorporation, merger or cession related to companies of the group.

Learn about the effective members of the Usiminas Fiscal Council:

Name Office

Fabricio Santos Debortoli Member

Paulo Frank Coelho da Rocha Member

Graduated in Law by the Law Faculty of the University of São Paulo. Concluded his Master’s (LL.M.) in Corporation Law at New York University School of Law. Acted as Foreign Associate at the law offices of Cravath, Swaine & Moore in New York City. At present, he is a Member of the International Bar Association, of the Advisory Board of the “Working Group on Legal Opinions” of the American Bar Association; and the Brazil-United States Chamber of Commerce. He is co-author of the book “Business Laws of Brazil”. He has held the position of partner of the law offices of Demarest e Almeida since 2003. At present, he is a Member of the Fiscal Council of the Company.

Sérgio Carvalho Campos Member

Tácito Barbosa Coelho Monteiro Filho Member

Wanderley Resende de Souza Member