Organizational Structure

A collegiate decision-making body, the Board of Directors' main activities consist of establishing the Company's strategic guidelines and the election and oversight of the work of the Statutory Officers, among others matters. The PBG’s Board of Directors must be comprised of at least five and a maximum of nine members, elected to two-year terms, with re-election allowed. According to the Novo Mercado's regulations, at least 20% of the Board of Directors members must be independent.

Cesar Gomes Junior – Chairman - Holds a graduation degree in Administration from Escola Superior de Administração e Gerência - ESAG/UDESC. In his experience, are included the following positions: President of Usati Administração de Bens e Participações Societárias Ltda., Vice Chairman of the Board of Directors of Refinadora Catarinense S.A., Managing Partner of Mineração Portobello Ltda., Chairman of the Board of Directors of Portobello America, Inc. He is also a member of the Advisory Board of Center of Industries of the State of Santa Catarina (CIESC), and currently is the Chairman of the Board for PBG S.A.

Cláudio Ávila da Silva – Vice Chairman - Mr. Ávila has a graduation degree in Administration from Escola Superior de Administração e Gerência - ESAG/UDESC. Was a State Representative for Santa Catarina, Florianópolis Mayor, Congressman elected by Santa Catarina, Advisor for the General Secretary of the Organization of American States – OEA, Secretary of State for Technology, Tourism, Energy and Environment for the state of Santa Catarina, President of Centrais Elétricas do Sul do Brasil S.A – Eletrosul, and President of Centrais Elétricas Brasileiras S.A. – Eletrobrás. Currently is Vice Chairman of PBG S.A. Board of Directors.

Geraldo Luciano Mattos Junior – Independent Member - Graduated in Administration at the State University of Ceará (UECE). He also obtained a law degree from Universidade de Fortaleza and acquired a Master's degree in Business Administration from Universidade Federal do Rio de Janeiro/COPPEAD. His experience includes the following positions: Vice-President for Investments and Controllership and Investor Relations Officer for M. Dias Branco (until November 2019), Board Member for Hapvida Participações, Portobello and Assaí Atacadista.

Mauro do Valle – Independent Member - Formado em Administração de Empresas pela ESAG - Escola Superior de Administração e Gerência, com especialização em Administração de Recursos Humanos. Toda sua experiência profissional foi desenvolvida no Portobello Grupo, com início em 1978, atuando em diversas áreas, entre elas as Diretorias de Exportação, Operações e Comercial. De 2019 a 2023 atuou como CEO da Companhia, até assumir como membro do Conselho de Administração.

Maria Laura de Santos Tarnow – Independent Member - Profissional com 30 anos de experiência em empresas de bens de consumo de público de diversos segmentos sociais, lidando com uma ampla gama de temas estratégicos, operacionais e organizacionais. Atua no Conselho de Administração do Grupo Soma desde julho de 2020, Presidente do Conselho Consultivo do Grupo Rascal desde novembro de 2021 e Membro do Conselho Consultivo Softys desde julho de 2022.

Márcio Leal da Costa Lobo – Member - Engenheiro mecânico formado pela PUC-RJ (Pontifícia Universidade Católica do Rio de Janeiro) - 1992, Pós-graduação em Finanças pelo Departamento de Engenharia Industrial da PUC-RJ - 1994. Profissional com forte experiência na área financeira, atualmente atua como Investment Banking na Órama, e Partner na Hunter Capital. É membro do Conselho Administrativo da Multilog desde abril de 2022, membro do Conselho de Administração da Pedra Branca desde julho de 2018 e membro do Conselho de Administração da RV Tecnologia desde setembro de 2018.

Nilton Torres de Bastos Filho – Member - Graduated in Mechanical Engineer from Escola Politécnica da Universidade de São Paulo (USP), with MBA from the Stern School of Business of New York University (NYU). He has been a consultant, having worked on strategy and operations projects for Editora Abril, Editora Attica Scipione, Klabin, Latam Airlines, among others. Was Commercial and Industrial Director for PBG S.A., CEO for Lubrasil Lubrificantes Ltda. and banker at Turim MFO.

The Board of Statutory Officers main mission is to manage the Company's business and implement the strategy set by the Board of Directors. Pursuant to Portobello's Bylaws, the Board of Statutory Officers must be formed of up to five members, each with two-year terms, with re-election permitted.

John Suzuki – Chief Executive Officer - John Suzuki holds a degree in Aeronautical Mechanical Engineering from the Instituto Tecnológico de Aeronáutica (ITA) in São José dos Campos, SP, and an MBA in Finance and Entrepreneurship from the University of Chicago, USA. He also participated in the Technical-Cultural Exchange Program at the Miyazaki Politech Centre in Miyazaki, Japan. His career includes roles at Booz Allen & Hamilton, where he worked in strategic consulting, and Itaú BBA Bank, where he served as Credit Analyst and Corporate Relationship Manager. He was also a Summer Associate at Monitor Clipper Partners Private Equity Firm in Cambridge and served as a Director at Angra Partners, a financial advisory and private equity fund management firm. He had a significant tenure at Portobello Group from 2012 to 2019, serving as Vice President of Operations and CFO. In 2020 and 2021, he was CFO at Ipiranga. He has also served as a Fiscal Council member at JBS S/A. Currently, he is the Chief Executive Officer of Portobello Group.

Caio Gonçalves de Moraes – Vice President of Finance and Investor Relations - Holds a degree in Chemical Engineering from the University of São Paulo and an MBA in Management from ESSEC Business School in Paris. He has held leadership roles at companies such as Rhodia SA, where he worked as an internal auditor and Controller (in Brazil and France); Grupo Ultra; Valeo SA (serving as CFO in South Korea and Global BU Controller in France); MAHLE Metal Leve SA (as CFO and Investor Relations Officer); Iochpe Maxion SA (as Finance and Investor Relations Director); and, most recently, at Positivo SA (as CFO and Investor Relations Officer). He currently serves as Executive Vice President of Finance and Investor Relations Officer at Portobello Grupo.

Romael Soso – Vice President of Retail and Innovation Romael Soso has served as Vice President of Retail and Innovation at Portobello S.A. since 2025. He has been with the Group since 2021, also holding the position of CEO of Portobello Shop, leading initiatives in digital transformation, operational excellence, and expansion. He has executive experience at major companies such as Lojas Renner, Cia. Hering, and Grendene, focusing on branding, distribution channels, and market development. His career began at NEOgás. He holds a degree in Business Administration with an emphasis on International Business from FSG, an MBA in Marketing from Fundação Getulio Vargas, and has attended executive programs at institutions such as Columbia Business School, Kellogg School of Management, Disney Institute, Insper, and Unisinos.

PBG's Fiscal Council is a permanently sitting body composed of three members and an equal number of substitutes, elected by the General Shareholders Meeting.

Maro Marcos Hadlich Filho - Attorney, graduated from Faculdade de Ciências Jurídicas da Universidade Regional de Blumenau (FURB), and Accountant, graduated from the Faculdade de Ciências Contábeis of the same university. He holds a postgraduate degree in Tax Law (FURB), Corporate Law (INPG) and Commercial Law (FURB). He is professor of Tax Law at FURB since 1987, teaching undergraduate and post graduate courses. He was professor of Tax Law at the Escola Superior de Magistratura de Santa Catarina, is a member of the Tax and Legislative Affairs Chamber of the Santa Catarina Federation of Industries (FIESC), and was a Counselor for the Brazilian Bar Association - Blumenau sub-section. He is a member of Fiscal Councils of both publicly traded and private organizations.

Jorge Muller - Accountant, graduated at the Universidade Federal de Santa Catarina (UFSC), with specialization in Finance by UFSC. He held the position of Accountant in the Portobello Group for eight years. Afterwards, he was Accounting Manager for Dígitro Telecomunicações Ltda, Controllership Manager for Hertz Rent a Car in Santa Catarina, and currently is Managing Partner of Muller Contadores Associados S.S. Ltda.

Carlos Eduardo Zoppello Brennand - Graduated in Law by Universidade Cândido Mendes, in Rio de Janeiro. Has experience as aviation pilot and is a member of PBG’s Fiscal Council since 2020.

Mario Augusto de Freitas Baptista - Mestre em Administração de Empresas, concentração em Finanças, Universidade da Califórnia Los Angeles - UCLA, Mestre em Engenharia de Produção e Sistemas, concentração em Engenharia Econômica, Universidade Federal de Santa Catarina - UFSC, Engenheiro Eletricista, especialização em Sistemas, Pontifícia Universidade Católica do Rio de Janeiro - PUC/RJ, e Certificado no Curso para Conselheiros de Administração do Instituto Brasileiro de Governança Corporativa – IBGC. Fundador e diretor-presidente desde 2011 da FLEX CAPITAL SECURITIZADORA S/A, que atua na securitização de ativos empresariais e da HEB Serviços de Apoio Administrativo Ltda., empresa de consultoria. É diretor desde 2021 da INFRAGÁS - Infraestrutura de Gás Para a Região Sul S.A. Desde 2014 é membro do Conselho de Administração da INPLAC Indústria de Plásticos S/A e do Conselho Consultivo do Costão do Santinho Turismo e Lazer Ltda.