Boards, Board Committee and Executive Board

Corporate Governance Structure

Sabesp is listed on the Novo Mercado, which is the listing segment in Brazil with the highest corporate governance requirements of B3 – Brasil, Bolsa Balcão and on the New York Stock Exchange – NYSE (ADR level III) since 2002 and is subject to the rules of the Brazilian Securities and Exchange Commission (CVM) and B3, in Brazil, and the rules of the Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE), in the United States.

Sabesp’s Corporate Governance structure comprises:

General Shareholders' Meeting

The highest decision-making body, empowered to decide on all businesses conducted by the Company and to take the resolutions it deems appropriate for its protection and development. Among others, it is incumbent upon the Shareholders’ Meeting to elect or dismiss Board and Fiscal Council members, as well as members of the Audit Committee and Eligibility and Advisory Committee.  All documents to be analyzed or discussed at the meeting are made available at the Company’s headquarters, at the Company’s website, at the Brazilian Securities and Exchange Commission (CVM) and at B3, as of the call notice publication. Proof of shareholder status may occur at any time until the opening of the Shareholders´ Meeting, in compliance with the rules set forth in our bylaws.

Board of Directors

Currently comprises a minimum of 7 and a maximum of 11 members, with a unified two-year term, with a maximum of three consecutive renewals. In compliance with the Novo Mercado rules and Federal Law 13,303/16, a minimum of two board members, or 25% of the total members, whichever is higher, must be independent directors, one of whom being elected by non-controlling shareholders. The Chief Executive Officer is a member of the Board of Directors, although he is not allowed to hold the position of Chairman of this Board. The Chairman of the Board of Directors, in turn, is not allowed to be part of the Executive Board. The Company’s Bylaws provides for the participation of one representative of the employees in the Board of Directors, with the same term of office as the other members. The assignments of the Board of Directors are established in the bylaws and its internal charter.

Name Position
Karla Bertocco Trindade Chairman and Independent Member

Mrs. Bertocco has been the Chairman of our Board of Directors since May 2023 and has been an independent member of our Board of Directors and a member of our Audit Committee since April 2024. Mrs. Bertocco holds a bachelor’s degrees in Public Administration from Fundação Getúlio Vargas and in Law from the Pontifical Catholic University of São Paulo, a postgraduate degree in Administrative Law from the Law School of Fundação Getúlio Vargas, and participated in the Diversity Program in Boards of Directors of the Brazilian Institute of Corporate Governance. She is currently a partner at Jive Investiments (former Mauá Capital) and an independent member of the Board of Directors of Orizon Valorização de Resíduos (ORVR3). Mrs. Bertocco worked as an advisor to Sabesp’s CEO’s Office (2003 to 2006), State Sanitation Coordinator (2007), Institutional Relations Officer at the São Paulo State Sanitation and Energy Regulatory Agency – ARSESP (2008 to 2010), General Officer of the Regulatory Agency for Delegated Public Transportation Services of the São Paulo State – ARTESP (2011 to 2015), Undersecretary of Partnerships and Innovation (2015 to 2018), CEO at Sabesp (2018), Executive Government and Infrastructure Officer at BNDES (2019). She was also a member of the Board of Directors of Companhia Riograndense de Saneamento (2020 to 2022), where she also held the position of Coordinator of the Innovation and Sustainability Committee, and was a member of the Boards of Directors of Equatorial Energia (2022 to 2023), Sabesp (2018), Companhia Paulista de Parcerias do Estado de São Paulo (2015 to 2018), and DERSA – Desenvolvimento Rodoviário S.A. (2011 to 2015).

Ana Silvia Corso Matte Independent Member

Mrs. Corso Matte has been an independent member of our Board of Directors since April 2024. Mrs. Corso Matte holds a bachelor’s degree in Law from UFRGS with a postgraduate degree in Human Resources from PUC-IAG. She has solid experience in executive positions, serving as member of Board of Directors and member of thematic committees. She has been a member of the Board of Directors of Norte Energia S.A (Belo Monte) since January 2023 and a member of the People Committee of IBGC since August 2021. She has been in the People Committee of Eletrobrás S.A since August 2022. She was member of the Board of Directors and member of the People Committee of Eletrobrás from April 2021 to August 2022.

Anderson Marcio de Oliveira Member

Mr. Oliveira has been a member of our Board of Directors since May 2023. Mr. Oliveira holds a bachelor’s degree in Law from the Catholic University of Pernambuco, a master’s degree in Public Law from the Federal University of Pernambuco, a master’s degree in Regulatory Law from Fundação Getúlio Vargas, and a Master of Laws (LLM) in State Law and Regulation from Fundação Getúlio Vargas. He also holds a degree from Harvard Kennedy School in “Creating Collaborative Solutions: Governance Innovation” and in “Infrastructure in a Market Economy: Public-Private Partnership in a Changing World”. Mr. Oliveira is currently a Program Director at the Ministry of Mines and Energy, where he coordinates actions in the electricity, oil & gas, and mining sectors, among which the capitalization of Eletrobras (2019 to 2023). He was Director of the Investment Partnership Program of the Brazilian Presidency, monitoring and structuring projects in the electricity sector in the generation, transmission, and distribution segments (2016 to 2019). Mr. Oliveira also acted as an attorney for the Brazilian Development Bank (2010 to 2016). He is currently a member of the Fiscal Councils of Nuclebrás and Santos Port Authority.

André Gustavo Salcedo Teixeira Mendes Member

Mr. Salcedo has been our Chief Executive Officer and a member of our Board of Directors since January 2023. Mr. Salcedo holds a bachelor’s degree in Electrical and Production Engineering from the Pontifícia Universidade Católica of Rio de Janeiro (PUC-Rio), a master’s degree in Electrical Engineering from PUC-Rio, an MBA in Public-Private Partnerships and Concessions from Fundação Escola de Sociologia e Política de São Paulo and has certifications CGA, from ANBIMA, and CP³P-F, from APMG International. Mr. Salcedo has been Chief Executive Officer of Sabesp since January 2023. He was Chief Financial Officer of Akad Seguros (2022), New Business Executive Officer at Iguá Saneamento (2019-2021), an independent consultant for the Climate Bonds Initiative (2020-2021), and worked at BNDES (2003-2019) where he held several positions. Mr. Salcedo has extensive experience in the capital markets area, with emphasis on infrastructure finance, public-private partnerships, mergers and acquisitions, and new business structuring.

Antônio Júlio Castiglioni Neto Member

Mr. Castiglioni Neto has been a member of the Company’s Board of Directors since August 2023. He earned bachelor’s and master’s degrees in Law from the Federal University of Espírito Santo. He is currently the President of Companhia do Metropolitano de São Paulo – Metrô. He was President of Companhia Docas do Espírito Santo (CODESA) from March 2019 to April 2022, leading the first privatization of a port authority in Brazil. He was the CEO of the Regulatory Agency of Espírito Santo between 2015 and 2019. He has been a State Attorney since 2005, with a remarkable track record of creating business models based on concessions, authorizations, and public-private partnerships.

Aurélio Fiorindo Filho Employee Representative Member

Mr. Fiorindo Filho has been an employee representative member of our Board of Directors since April 2024. He has been an employee of Sabesp since 1992, working as an Engineer and Manager in various areas of the company, mainly related to the execution of works, maintenance, and operation of water supply and sewage systems, commercial services and customer service, billing, and collection. He served at ATTEND Ambiental from 2020 to 2023 as a member of the Board Directors. He was Superintendent of the Metropolitan West (MO) and Center (MC) Business Units at Sabesp from 2015 to 2023. He was a Department Manager – UGR – São Mateus from 2011 to 2015, Division Manager – Maintenance Hub – São Mateus from 2006 to 2011, and Sector Manager of the Maintenance Hubs (Mooca, Sé, and Vila Mariana) from 2000 to 2006. He holds a bachelor’s degree in Civil Engineering from Universidade Camilo Castelo Branco and in Business Administration from Universidade Paulista (UNIP). He holds a specialization degree in Basic Sanitation Engineering from the School of Public Health of USP; an MBA in Administration for Engineers from Mauá Institute of Technology; Project Management from Vanzolini Foundation; an MBA in Business Management from FIA USP.

Eduardo França de la Peña Independent Member

Mr. La Peña has been an independent member of our Board of Directors since April 2024. Mr. La Peña holds a bachelor’s degree in Administration from PUC-RJ and an MBA from the University of Michigan. He is a founding shareholder of Alis Investimentos. He served as Managing Director at Credit Suisse Brazil – Head ECM. From April 2017 to May 2018, he served as Executive Director at BTG Pactual – ECM. He joined Flow CTVM as one of the partners responsible for building the equity area after the merger of Flow with Brasil Plural. He was appointed by FIP Brasil Energias Renováveis as a member of the Board of Directors of the following renewable energy companies: Bons Bentos da Serra SA, Eólicas do Sul S.A. and RBO Energia S.A.

Eduardo Person Pardini Independent Member

Mr. Pardini has been an independent member of our Board of Directors and Coordinator and Finance Specialist of our Audit Committee since May 2023. Mr. Pardini holds a bachelor’s degree in Accounting from the School of Economic Sciences of São Paulo, with a postgraduate degree in Administration with an emphasis in Finance from Fundação Álvares Penteado and several degrees in extension courses in Brazil and abroad, such as Business Strategy from Wharton Business School of the University of Pennsylvania, Corporate Management from Fundação Getúlio Vargas, Ethics and Corporate Governance from Milliken University, and Innovation from the Massachusetts Institute of Technology. He is currently a main partner at CrossOver Consulting & Auditing. He is also an Executive Officer of the Internal Control Institute Chapter Brazil, a member of the Audit Committee of Companhia de Saneamento de Santa Catarina, and a professor in the area of risk-based auditing in the MBA program at Trevisan Business School. Mr. Pardini has over 43 years of experience as an external and internal auditor, senior executive of multinational and Brazilian companies, professor, and speaker on auditing, internal controls, risk management, and governance for government entities and private sector entities.

Gustavo Rocha Gattass Independent Member

Mr. Gattass has been an independent member of our Board of Directors since April 2024. Mr. Gattass holds a bachelor’s degree in Economics from the Pontifical Catholic University of Rio de Janeiro. He is currently a member of the Board of Directors of PRIO S.A. (since 2020), Canacol Energy Ltd. (since 2023) and Serena Energia S.A. (since 2017). Mr. Gattass was a member of the Board of Directors of Copasa S.A. between 2017 and 2023, a member of the Board of Directors and the Strategic Committee of BR Distribuidora between 2015 and 2016, an alternate member of the Board of Directors and a member of the Strategic Committee of Petrobras S.A. between 2015 and 2016. He also worked at BTG Pactual as partner responsible for the Company Analysis area and as an analyst for the Oil and Gas sector between 2009 and 2015 and as an analyst for the Electricity sector and Sanitation between 2009 and 2010; at UBS Pactual as an analyst for the Oil and Gas sector between 2006 and 2009; at UBS as an analyst for the Oil and Gas sector between 2005 and 2006, as an analyst for the Electricity, Sanitation and Highways sector between 2000 and 2006 and as an analyst for the Electricity sector between 1998 and 2000; and at Banco Icatu as an analyst for the Oil, Gas and Electricity sector in 1998.

Karolina Fonsêca Lima Independent Member

Mrs. Lima has been an independent member of our Board of Directors and a member of our Audit Committee since May 2023. Mrs. Lima holds a bachelor’s degree in Accounting from the Federal University of Maranhão and in Law from University Ceuma. She is currently head of Concremat Engenharia e Tecnologia in São Luiz, Maranhão. She worked at Companhia Docas do Maranhão between 2002 and 2019, as head auditor, and member of the Audit Technical Committee, Eligibility Committee, and Correctional Technical Committee of the Ministry of Infrastructure.

Nerylson Lima da Silva Member

Mr. Silva has been a member of our Board of Directors since May 2023. Mr. Silva holds a bachelor’s degree in Economics from União Educacional de Brasília, with a specialization degree in Controllership and Finance from the Catholic University of Brasília, and a master’s degree in Business Administration from the University of Brasília. He currently serves as the Treasury Undersecretary at the State Treasury Department of São Paulo. Mr. Silva was Undersecretary of Planning, Budget, and Administration of the Ministry of Infrastructure (2019 to 2023), Undersecretary of Planning, Budget, and Administration of the Ministry of Finance (2016 to 2018), Deputy Undersecretary of Planning, Budget, and Administration of the Ministry of Finance (2014 to 2016), Budget and Financial Execution Manager (2008 to 2011), and Project Manager (2007 to 2008) of the National Treasury Secretariat. Additionally, he was Chair of the Fiscal Council of INFRAERO Airports and was a member of the Fiscal Councils of EPL Logísticas and Viracopos Airport. He was also a member of the Board of Directors of BB Seguridade (2016 to 2019) and Chair of the Board of Directors of SERPRO (2014 to 2019).

Fiscal Council

Permanently installed since the Company’s inception, comprises of a minimum of three and a maximum of five sitting members and respective alternates, elected annually by the General Meeting, one of them representing non-controlling shareholders, with a maximum of two consecutive renewals. The duties and functioning of this Committee are set out in the bylaws and in its internal charter.

Name Position
André Isper Rodrigues Barnabé Member

Mr. Barnabé has been a member of our Fiscal Council since May 2023. Mr. Barnabé holds a bachelor’s degree in Law from the Pontifical Catholic University of São Paulo (PUC-SP), a specialization degree in Economic Law from Fundação Getúlio Vargas of São Paulo (FGV-SP), and is enrolled in a master’s program in State Law at the University of São Paulo (USP). He worked at Queiroz, Maluf Sociedade de Advogados as an associate attorney from 2015 to 2017, at the São Paulo State Transport Regulatory Agency (ARTESP) as superintendent of the Institutional Affairs Office from 2017 to 2019, at the Santos Port Authority (SPA) as an advisor to the Business Development and Regulation Office in 2019, at Empresa de Planejamento e Logística S.A. (EPL) as an advisor to the Planning Office from 2019 to 2022, and at the Inter-American Development Bank (IDB) as a consultant for Products and External Services from 2022 to 2023. Since January 2023, Mr. Barnabé has been the Executive Secretary of Partnerships in Investments in the São Paulo State Government.

Carlos Augusto Gomes Neto Member

Mr. Gomes Neto has been a member of our Fiscal Council since April 2024. He holds a bachelor’s degree in Information Systems from UNIGUAÇU, a postgraduate degree in Information Technology from FIA, and a Master’s degree in Economics from FGV. Mr. Gomes Neto works at the São Paulo State Department of Treasury and Planning as coordinator of Financial Administration, serving as director of the Department of Tax Policy Studies, and director of Collection, Billing, and Debt Recovery. He is a specialist fiscal assistant to the Executive Board of Tax Administration.

Diego Allan Vieira Domingues Alternate

Mr. Domingues has been a member of our Fiscal Council since May 2023. Mr. Domingues holds a bachelor’s degree in Mechanical Engineer from Faculdade de Engenharia Industrial (FEI), is enrolled in a professional master’s program in Economics at Fundação Getúlio Vargas (FGV), and in a postgraduate program in Public Law and Public Management at Instituição Damásio de Jesus. He worked in Project Engineering at Mangels from 2005 to 2010, at the Financial Planning and Control Center of the São Paulo State Treasury Department as an analyst and director from 2010 to 2017, at the Fundação para o Desenvolvimento da Educação (FDE) as an advisor to the CEO’s office and Supervisor of Planning and Projects from 2017 to 2018, at the São Paulo State Treasury and Planning Department as coordinator of State Financial Administration in 2018, and as director of the São Paulo State Finance Department in 2021. Mr. Domingues was a member of the Fiscal Councils of Empresa Paulista de Planejamento Metropolitano S.A. (EMPLASA) from April 2018 to December 2020, Companhia Paulista de Obras e Serviços (CPOS) from April 2019 to March 2020, and Companhia Paulista de Securitização (CPSEC) from May 2020 to March 2022.

Eduardo Alex Barbin Barbosa Member

Mr. Barbosa has been a member of the Company’s Fiscal Council since August 2023. He holds a bachelor’s degree in Law from Universidade Anchieta, postgraduate degrees in Public Law from the São Paulo School of Judicature and in Economics and Health Management from the Public Health School of the University of São Paulo, and an MBA in Government Management Policies from the Escola Paulista de Direito. Mr. Barbosa is currently the Chief of Staff of the Social Development Department of the São Paulo State. He was advisor to the CEO’s Office at the Foundation for Education Development between July 2020 and January 2023, Chief of Staff at the State Department of Health of the São Paulo State between January 2019 and July 2020, Legislative Legal Advisor at the São Paulo City Council between August 2018 and January 2019, Deputy Secretary of the Human Rights Department of the Municipality of São Paulo between June 2017 and August 2018, Technical Advisor at the Accounting Court of the São Paulo State between February 2015 and June 2017, Chief of Staff at the São Paulo State Department of Justice and Citizenship from February 2014 to February 2015, Cabinet Advisor at the São Paulo State Land Institute from February 2009 to February 2014, and also worked as a freelance lawyer from January 2005 to January 2009.

Gisomar Francisco de Bittencourt Marinho Member

Mr. Marinho has been a member of our Fiscal Council since April 2024. Mr. Marinho holds a bachelor’s degree in Economics and a postgraduate degree in Economic Engineering and Industrial Administration from the Federal University of Rio de Janeiro (UFRJ), a master’s degree in Business Administration from COPPEAD/UFRJ and an MBA in Electric Energy Business Management by FGV/CEMAR. He is currently a consultant-project director at Galeazzi & Associados (since Aug/2023) and a member of the Board of Directors of Elestrobras S.A. (since Apr/2023). Mr. Marinho was the financial and investor relations administrative officer of Light S.A. between Feb/2021 and Oct/2022, financial and investor relations officer of Log-in Logísti-ca Intermodal S.A. between Aug/2018 and Aug/ 2020, financial and investor relations officer at Unidas S.A. between Jun/2011 and Mar/2018. At Cemar – Companhia Energética do Maranhão S.A. he served as financial administrative officer between Mar/2008 and May/2011, as financial administrative manager between Nov/2005 and Feb/2008 and as controller between Mar/2004 and Oct/2005. He was also general controller at Hotéis Othon S.A. between Aug/2003 and Feb/2004, financial administrative officer at Mastersaf – Tecnologia em Serviços de Legislação S.A. between Dec/2000 and Mar/2003, investor relations and financial planning manager at Lojas Americanas S.A. between Mar/1995 and Nov/2000 and administrative financial supervisor at Baker Hughes Equipamentos Ltda – Baker Oil Tools Division between Sep/1988 and Feb/1993.

Gustavo Carvalho Tapia Lira Alternate

Mr. Lira has been a member of our Fiscal Council since May 2023. Mr. Lira holds a bachelor’s degree in Administration and a master’s degree in Political Economy, both from the Pontifical Catholic University of São Paulo. Since 2021, he has been Undersecretary of Budget at the Department of Budget and Management, and subsequently at the Department of Treasury and Planning. From 2013 to 2021, he was a technical advisor to the Office of the São Paulo State Secretariat of Planning and Management, Treasury and Planning and Projects, Budget and Management, heading the Economic Advisory area from 2015 to 2017, serving as Undersecretary of Planning and Budget in 2018, and being part of the Office of the Planning and Budget Coordination from 2019 to 2021. From 2009 to 2013, he held the position of Public Executive in the Economic Advisory of the Department of Economy and Planning. He also worked as a technician at the Fundação Procon-SP from 2005 to 2008. He currently serves as a member of the Board of Directors of EMTU. He has also served as a member of the Board of Directors of CETESB in 2018 and as a Fiscal Council member of the following entities: CETESB (2022-2023), FDE (2021-2023), CPTM (2020-2022), Desenvolve SP (2019-2020), Companhia Paulista de Parcerias (2018-2020), São Paulo Previdência (2016-2018), and CPETUR (2015-2016).

Itamar Paulo de Souza Júnior Alternate

Mr. Souza Júnior has been a member of the Company’s Fiscal Council since August 2023. He holds a bachelor’s degree in Advertising and Marketing and a postgraduate degree in Business Management. He is currently a Coordinator at the Department of Social Development. He served as a Special Legislative Coordinator at the São Paulo City Council between May 2021 and January 2023, Legislative Advisor at the São Paulo City Council between December 2019 and April 2021, Coordinator at the São Paulo State Department of Social Development between May 2018 and December 2018, and worked in commercial activities in the private sector.

Natália Resende Andrade Ávila Member

Mrs. Ávila has been a member of our Fiscal Council since May 2023. Mrs. Ávila holds a degree in Engineering from the University of Brasília (UnB), in Law from the Higher Education Institution in Brasília (UniCEUB), and in Accounting from FIPECAFI. She is a specialist in Constitutional Law from Universidade Gama Filho, in Tax Law from Universidade Estácio de Sá, holds a master’s degree in Environmental Technology and Water Resources from UnB, is enrolled in a Master of Laws (LLM) program from the University of London, and in a Ph.D. program in Environmental Technology and Water Resources from UnB. She has been a Federal Prosecutor since 2015 and currently serves as Legal Consultant at the Ministry of Infrastructure. She was a Fiscal Council member at the Port of Santos (2019 to 2021) and served as Legal Advisor (2017 to 2019) and Chief of Staff (2018 to 2019) at the Special Secretariat of the Investment Partnership Program of the Brazilian Presidency. She also worked as a Substitute Legal Consultant – General Coordinator of Agreements (2016 to 2017) and Advisor in the Legal Consultancy to the Ministry of National Integration (2015 to 2016). She is also a sitting member of the Airport Infrastructure Regulation Committee of FGV Direito Rio and Coordinator of the National Chamber of Infrastructure and Regulation.

Ricardo Bertucci Alternate

Mr. Bertucci has been a member of our Fiscal Council since April 2024. He holds a bachelor’s degree in Accounting from the Federal University of Paraná and a postgraduate degree in Controllership from FAE Business School. He is currently a partner at Audicontrol Auditoria e Controle (since 2011) and a partner at Audicontrol Contadores Associados (since 2016). He has experience in the accounting area for over 25 years, having worked in the auditing and control area since 2000. He serves as a member of the Fiscal Council of Alliança Saúde e Participações S.A. and Centrais Elétricas Brasileiras S.A. – Eletrobras and as an alternate member of the Fiscal Council of Equatorial Energia S.A, Celpa – Centrais Elétricas do Pará S.A., Cemar – Companhia Energética do Maranhão, Tijoá – Tijoá Participações e Investimentos S.A., CSE Energia – Centro de Soluções Estratégicas S.A., Sanepar – Companhia de Saneamento do Paraná and TPI – Triunfo Participações e Investimentos S.A.

Pedro Monnerat Heidenfelder Alternate

Mr. Heidenfelder has been a member of our Fiscal Council since May 2023. Mr. Heidenfelder holds a bachelor’s degree in Law from Universidade Federal Fluminense and certificates in process in administrative justice and principles of administrative procedure and implications in administrative justice, with award-winning projects in Public Law and Applied Sciences from Universidade Federal Fluminense. He has been a São Paulo State Prosecutor since 2019.

Audit Committee

The Board of Directors is assisted by an Audit Committee and comprises three members of the board of directors who cumulatively meet the requirements of (i) independence, (ii) technical knowledge, (iii) time availability, (iv) identification and/or compliance with the applicable exemptions, in accordance with the rules of the U.S. Securities and Exchange Commission and of the New York Stock Exchange. The Audit Committee must have one finance specialist and one Coordinator, which may be exercised by the same person if needed. According to our Bylaws, the members of the Audit Committee may be appointed simultaneously to their election to the Board of Directors, or by subsequent resolution by the Board of Directors, and must exercise their role until the end of their term of office as member of the Board of Directors or until resolved otherwise by the Shareholders’ Meeting or by the Board of Directors. In addition, if the member of the Committee has exercised the term of office for any period, he/she may only rejoin the Committee after at least three years after the end of the term of office. The duties and functioning of this Committee are set out in the bylaws and in its internal charter.

Name Position
Eduardo Person Pardini Coordinator and Finance Specialist

Mr. Pardini has been an independent member of our Board of Directors and Coordinator and Finance Specialist of our Audit Committee since May 2023. Mr. Pardini holds a bachelor’s degree in Accounting from the School of Economic Sciences of São Paulo, with a postgraduate degree in Administration with an emphasis in Finance from Fundação Álvares Penteado and several degrees in extension courses in Brazil and abroad, such as Business Strategy from Wharton Business School of the University of Pennsylvania, Corporate Management from Fundação Getúlio Vargas, Ethics and Corporate Governance from Milliken University, and Innovation from the Massachusetts Institute of Technology. He is currently a main partner at CrossOver Consulting & Auditing. He is also an Executive Officer of the Internal Control Institute Chapter Brazil, a member of the Audit Committee of Companhia de Saneamento de Santa Catarina, and a professor in the area of risk-based auditing in the MBA program at Trevisan Business School. Mr. Pardini has over 43 years of experience as an external and internal auditor, senior executive of multinational and Brazilian companies, professor, and speaker on auditing, internal controls, risk management, and governance for government entities and private sector entities.

Karla Bertocco Trindade Member

Mrs. Bertocco has been the Chairman of our Board of Directors since May 2023 and has been an independent member of our Board of Directors and a member of our Audit Committee since April 2024. Mrs. Bertocco holds a bachelor’s degrees in Public Administration from Fundação Getúlio Vargas and in Law from the Pontifical Catholic University of São Paulo, a postgraduate degree in Administrative Law from the Law School of Fundação Getúlio Vargas, and participated in the Diversity Program in Boards of Directors of the Brazilian Institute of Corporate Governance. She is currently a partner at Jive Investiments (former Mauá Capital) and an independent member of the Board of Directors of Orizon Valorização de Resíduos (ORVR3). Mrs. Bertocco worked as an advisor to Sabesp’s CEO’s Office (2003 to 2006), State Sanitation Coordinator (2007), Institutional Relations Officer at the São Paulo State Sanitation and Energy Regulatory Agency – ARSESP (2008 to 2010), General Officer of the Regulatory Agency for Delegated Public Transportation Services of the São Paulo State – ARTESP (2011 to 2015), Undersecretary of Partnerships and Innovation (2015 to 2018), CEO at Sabesp (2018), Executive Government and Infrastructure Officer at BNDES (2019). She was also a member of the Board of Directors of Companhia Riograndense de Saneamento (2020 to 2022), where she also held the position of Coordinator of the Innovation and Sustainability Committee, and was a member of the Boards of Directors of Equatorial Energia (2022 to 2023), Sabesp (2018), Companhia Paulista de Parcerias do Estado de São Paulo (2015 to 2018), and DERSA – Desenvolvimento Rodoviário S.A. (2011 to 2015).

Karolina Fonsêca Lima Member

Mrs. Lima has been an independent member of our Board of Directors and a member of our Audit Committee since May 2023. Mrs. Lima holds a bachelor’s degree in Accounting from the Federal University of Maranhão and in Law from University Ceuma. She is currently head of Concremat Engenharia e Tecnologia in São Luiz, Maranhão. She worked at Companhia Docas do Maranhão between 2002 and 2019, as head auditor, and member of the Audit Technical Committee, Eligibility Committee, and Correctional Technical Committee of the Ministry of Infrastructure.

Executive Board

Comprises seven members with a unified two-year term, with a maximum of three consecutive renewals. The Officers are elected by the Board of Directors, one of them being appointed Chief Executive Officer. The Chief Executive Officer shall be a member of the Board of Directors while holding the position of CEO, but he/she is not allowed to occupy the position of Chairman of the Board of Directors. The duties and functioning of the Executive Board are set out in the bylaws and in its internal charter.

Name Position
André Gustavo Salcedo Teixeira Mendes Chief Executive Officer

Mr. Salcedo has been our Chief Executive Officer and a member of our Board of Directors since January 2023. Mr. Salcedo has a bachelor’s degree in Electrical and Production Engineering from the Pontifícia Universidade Católica of Rio de Janeiro (PUC-Rio), a master’s degree in Electrical Engineering from PUC-Rio, an MBA in Public-Private Partnerships and Concessions from Fundação Escola de Sociologia e Política de São Paulo, and has certifications CGA, from ANBIMA, and CP³P-F, from APMG International. Mr. Salcedo was Chief Financial Officer of Akad Seguros (2022), New Business Executive Officer of Iguá Saneamento (2019-2021), an independent consultant for Climate Bonds Initiative (2020-2021) and worked at BNDES (2003-2019) where he held several positions. Mr. Salcedo has long experience in capital markets, with emphasis on infrastructure finance, publicprivate partnerships, mergers and acquisitions, and new business structuring.

Bruno Magalhães D’Abadia Regulation and New Business Officer

Mr. D’Abadia has been our Regulation and New Business Officer since April 2023 and was our Regional Systems Officer from February 2023 to April 2023. He earned bachelor’s degrees in Mechatronics Engineering from Universidade de Brasília and in Accounting from Uninter, an MBA in Production Engineering from Centro Universitário de Anápolis, an MBA in Stock Market Analysis from IBMEC, and a master’s degree in Economics from Universidade de Brasília. Mr. D’Abadia was a State Secretary for the Administration of Goiás (August 2019 to November 2022), the Chair of the National Council of the Government’s Secretaries of State (May 2022 to November 2022), a legislative consultant of public finance (January/2015 to January/2019 e November/2022 to January/2023), the Chair of the Fiscal Council of Companhia de Saneamento de Goiás (February 2020 to January 2023), a member of the Fiscal Council of Companhia de Investimentos e Parcerias do Estado de Goiás (August 2019 to January 2023), the Chair of the Board of Directors of Companhia de Investimentos e Parcerias do Estado de Goiás (March 2019 to August 2019), a member of the Board of Directors of Companhia de Saneamento de Goiás (April 2019 to August 2019), and a external control auditor at Brazilian Federal Court of Auditors (March/2012 to January/2015) and engineer at Petrobras (September/2008 to October/2010), among others.

Caio Marcelo de Medeiros Melo Chief Customer Officer

Mr. Melo has been our Chief Customer Officer since August 2023. He holds a degree in economics from Universidade de Brasília, was director of mergers and acquisitions at Santander Brasil Investment Bank (from April/21 to April/23) and partner-director of Estater Gestão e Finanças (from 2017 to 2020). From 1998 to 2016, he served at Banco Nacional de Desenvolvimento Econômico e Social (BNDES) in several executive positions, including Head of the Sanitation and Urban Transport and, for 8 years, Head of Capital Market, responsible for managing the BNDESPAR’s equity portfolio, which had significant investments in different segments of infrastructure and utilities.

Catia Cristina Teixeira Pereira Chief Financial Officer and Investor Relations Officer

Mrs. Pereira has been our Chief Financial Officer and Investor Relations Officer since March 2023. She earned a bachelor’s degree in Economics from Universidade Federal Fluminense, an MBA in Finance from IBMEC, an MBA in Controllership and Finance from Universidade Federal Fluminense, and an MBA in Economic Engineering from Universidade do Estado do Rio de Janeiro. She worked at Ball as Chief Financial Officer (March 2021 to February 2022), was a Director of the Center of Shared Services for South America, for structuring and implementation (July 2018 to March 2021), and Treasury Manager for South America (2006 to June 2018). She was also Treasury Control and Planning Manager (2003 to 2006) and Treasury Coordinator (2000 to 2003) at Embratel, among other position. She has a Black Belt Six Sigma certification and participated in several courses, training sessions, and conferences on finance, strategy, and leadership in Brazil and abroad and, in November 2022, she concluded the Board of Directors Member course of the Instituto Brasileiro de Governança Corporativa (IBGC).

Paula Alessandra Bonin Costa Violante Engineering and Innovation Officer

Mrs. Violante has been our Engineering and Innovation Officer since April 2023 and was our Technology, Enterprises and Environment Officer from February 2023 to April 2023. She earned a bachelor’s degree in Chemical Engineering from Universidade Federal de São Carlos, a master’s degree in Civil Engineering (hydraulics and sanitation) from Escola de Engenharia de São Carlos at Universidade de São Paulo and a supervised master’s degree from CIRSEE (Centre International de Recherche Sur L’Eau et L’Environnement) of SUEZ – France. She also attended a Controllership and Finance course at FIPECAFI and a Business Development Program from Fundação Dom Cabral (in company). Mrs. Violante was an Engineering and Operational Development Officer at Iguá Saneamento (2019 to January 2023) and an Operations Officer at SPAT (2017 to December 2018). She also worked in operational technical support in concession contracts for Mexico and Angola at Odebrecht Ambiental (September 2016 to July 2017). She was Contract Officer for several concessions in the State of São Paulo and State of Espírito Santo, in addition to having worked in corporate engineering (January 2009 and November 2013) at Foz do Brasil. She was a volunteer, as a senior examiner and rapporteur for management awards: Iberoamericano Award and Brazilian National Quality Award. She actively participated in groups and technical chambers of hydrographic basins, in the contracts she worked in.

Roberval Tavares de Souza Operation and Maintenance Officer

Mr. Souza has been our Operation and Maintenance Officer since April 2023 and was our Metropolitan Region Officer from February 2023 to April 2023. He earned a bachelor’s degree in Civil Engineering from Universidade de Mogi das Cruzes, a specialization degree in Basic Sanitation Engineering from Faculdade de Saúde Pública at Universidade de São Paulo, an MBA in Business Management from Fundação Getúlio Vargas, and attended extension courses in Innovation Leadership at Massachusetts Institute of Technology. Mr. Souza is sanitation consultant (2022), worked at Sabesp from 1992 and 2021, in several management positions, such as Head of Central Business Unit and Head of South Business Unit, Interception and Isolated Systems Manager at the Sewage Treatment Business Unit, Administrative and Finance Manager at the Sewage Treatment Business Unit, Regional Manager of Operation, Maintenance, and Commercial Department of the East Business Unit. He was also a president of the São Paulo Institute in Management Excellence (Instituto Paulista de Excelência em Gestão) (2012 to 2014) and president of the Brazilian Association of Sanitation and Environmental Engineering (Associação Brasileira de Engenharia Sanitária e Ambiental) (2016 to 2020).

Sabrina de Menezes Correa Furstenau Sabino People and Corporate Management Officer

Mrs. Menezes has been our People and Corporate Management Officer since April 2023 and was our Corporate Management Officer from February 2023 to April 2023. She earned a degree in International Relations from Pontifícia Universidade Católica de Minas Gerais and has built a career that combines the experiences of people and business management. She was Head of Talent Acquisition and Management (2020 to 2022) at XP Inc, Head of Research (2017 to 2019) at Egon Zehnder International, Project Leader (2010 to 2017) at Falconi Consultores de Resultado, having worked on productivity, organizational structure, strategic and operating planning projects at several companies, such as Petrobras, Paranapanema, Companhia Energética de Brasília, Vale, and TAM, as well as in public bodies such as the Education Secretariat of Minas Gerais (Secretaria de Educação de Minas Gerais) and the Office of the Chief of Staff of Rio de Janeiro.

Eligibility Committee

Created in April 2018 by means of a statutory provision, comprises three members elected at the shareholders’ meeting without a fixed term of office. This Committee is responsible for overseeing the process of appointment and evaluation of members of the board of directors and of the fiscal council, as per the statutory provision, and in compliance with Article 10 of Federal Law 13,303/2016 (State-Owned Companies Law). The internal charter of the committee shall be approved by the Board of Directors.

Name Position
Jardel Rolando Almeida Garcia Member

Mr. Garcia has been a member of our Eligibility Committee since April 2024. Mr. Garcia holds a bachelor’s degree in Law from Universidade Candido Mendes, registered with the Supreme Court of the State of Colorado. He holds an MBA in Telecommunications Regulation. He has been the Legal Superintendent of Sabesp since August 2023. He worked at Ball Corporation from November 2013 until April 2023 as Legal and Compliance Director for South America (Brazil, Argentina, Chile, Peru, Paraguay, Uruguay, Ecuador, and Colombia). He worked at Construtora Queiroz Galvão S/A from June 2010 to October 2013 as head of Legal Practice in Latin America and the Caribbean. He also worked at San Antonio Internacional from May 2009 to May 2010 as Legal Manager for about a year, being responsible for operations in Brazil. He worked at Bastos-Tigre, Coelho da Rocha e Lopes Advogados from February 2009 to April 2009 as a Senior Associate in the Infrastructure Sector, also working with mergers and acquisitions and Project Development/Financing.

Michael Breslin Member

Mr. Breslin has been a member of our Eligibility Committee since April 2024. Mr. Breslin holds a bachelor’s degree in Data Processing from the School of Technology at Mackenzie University, a postgraduate degree in Systems Analysis from the same university, and an MBA in Strategic Business Management from Fundação Getúlio Vargas (FGV). Mr. Breslin has been the Superintendent of Compliance and Risks at Sabesp since 2017 and the coordinator of Sabesp’s Corporate Risk Management and Ethics Committees since 2018. He held the position of advisor to the Corporate Management Office between August 2011 and September 2017. Between June 2013 and September 2017, he worked as a Project Management Officer (PMO), leading the Financial and Supplies fronts in the implementation project of the SAP ECC ERP. Before that, he worked as a Senior Manager of Risks, Compliance, and Internal Audit Management at Deloitte from 2002 to 2011.

Nilton João dos Santos Member

Mr. Santos has been a member of our Eligibility Committee since April 2024. Mr. Santos holds a master’s degree in Business Administration from Mackenzie Presbyterian University and a bachelor’s degree in Data Processing Technology from Universidade Cruzeiro do Sul. He has been the Superintendent of People at Sabesp since 2016. He held the position of Department Manager of Human Resources Management from 1992 to 2015. He served as Health Officer of Sabesprev (Sabesp Social Security Foundation) from March 2015 to February 2016, responsible for the Health Plan management. Before that, he served as a member of the Decision-Making Board of Sabesprev from 2010 to 2014 and as a member of the Fiscal Council from 2016 to 2019. He worked as a coordinator and professor of Lato Sensu graduate courses at Mackenzie Presbyterian University and researcher from August 2000 to June 2015.

Internal Audit

Area linked to the Board of Directors through the Audit Committee, also reporting to the Chief Executive Officer. Responsible for assessing (i) the adequacy of internal controls, (ii) the effectiveness of risk management and governance processes, (iii) the reliability of the processes of collecting, measuring, classifying, accumulating, recording, disclosing events and transactions, and preparing financial statements, and (iv) the proper application of the principle of segregation of duties to avoid conflicts of interest and fraud. Since 2016, Sabesp, through its Internal Audit, holds the Quality Assessment (QA) certificate, which was obtained after a rigorous assessment carried out by the Institute of Internal Auditors of Brazil (IIA Brazil), branch of The Institute of Internal Auditors (IIA).

Risk and Compliance Management

Area linked to the Chief Executive Officer and is headed by a statutory officer appointed by the Board of Directors. It is responsible for preparing the integrity program; identifying and classifying, jointly with the Company’s other divisions, the main risks the Company is subject to. It may establish a direct dialogue with the Fiscal Council, the Audit Committee, and the Board of Directors, whenever there is suspicion of irregularities by any of the members of the Executive Board. This area operates under its own autonomy, independence, and budget.

Ethics Committee

Area linked to the Board of Directors, being responsible for the recurring update of the Company’s Code of Conduct and Integrity in such a way that it reflects current scenarios. This area also focuses on encouraging managers and employees to comply with the principles established in therein.

Executive Governance Department

This activity is carried out by the Office of the Chief Executive Officer and consists of providing assessment on governance processes, assisting the Chairman of the Board of Directors, the Coordinator of the Audit Committee, the Fiscal Council and the Company’s Chief Executive Officer in defining the agenda of the meetings, forwarding meeting agendas and supporting materials, convening and conducting board meetings and general meetings and preparing minutes of meetings, among others.

Corporate Risk Management Committee

An advisory and permanent body responding to the Executive Board and comprising of representatives from all corporate areas. This committee is coordinated by the Risk Management and Compliance Department and is responsible for assessing the risk levels that define the responsibilities for approving and addressing risks, in addition to monitoring the annual risk management plan, the execution of mitigation action plans, risk indicators, and assessing the Company’s risk map, among others.

External Audit

Sabesp has external auditors, who carry out the audit of its financial statements and review the Company’s quarterly information and financing projects, ensuring the reliability of the data presented. Sabesp complies with the principles that preserve the independence of the external auditor in not auditing their own work, not performing managerial functions, and not advocating for their client. The hiring of the independent auditors is approved by the Board of Directors, based on the opinion of the Audit Committee, which is responsible for assessing the guidelines of the hiring process and other conditions for these services. The Audit Committee is also responsible for expressing its opinion in advance regarding the hiring of other services to be performed by the independent external auditor, or companies related to it, that are not included in the typical audit activities, and must also express its opinion on the removal of the independent external auditor.

Whistleblowing Channel

Receives internal and external complaints on deviations from the Code of Conduct and Integrity. Complaints are addressed by a third-party company and can be registered by filling out a standardized form through the website https://www.contatoseguro.com.br/sabesp, or by calling 0800 900 8001. The Internal Audit area is responsible for processing complaints and ensuring the anonymity of the whistleblower and the confidentiality of the information provided to preserve rights and the neutrality of the decisions taken. The procedures for investigating breaches to the Code of Conduct and Integrity and the events recorded on this Channel are monitored by the Audit Committee.

Internal Controls

The evaluation of internal controls has been carried out in a structured and systematic way since 2005, having as reference the internal controls framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
The internal controls structure is reassessed annually, considering both the possible existence of new risks associated with the preparation and disclosure of financial statements and the possible significant changes in computerized processes and systems.
Internal controls include procedures for the adequacy of accounting records, preparation of financial statements in accordance with official rules and proper authorization of transactions related to the acquisition, use and disposal of Company assets.
The internal control tests are carried out systematically by the Audit Department, a unit functionally linked to the Audit Committee and hierarchically linked to the Chief Executive Officer.
The area also complies with section 404 of the Sarbanes-Oxley Act (SOX), the process of evaluating internal controls adheres to Law No. 13,303, dated June 30, 2016.
Additional information on the controls adopted by the Company to ensure the preparation of reliable financial statements are available in Item 5.3 of the Reference Form (only in Portuguese).

Compensation of the Statutory Bodies

Sabesp has a compensation policy approved by the Board of Directors, which establishes the criteria for defining compensation for management (executive officers and directors), members of the Fiscal Council and members of the Audit and Eligibility and Advisory statutory committees, in compliance with the Novo Mercado Regulation, the Company’s Bylaws, Federal Laws 6,404/1976 and 13,303/2016, and the guidelines established by the State Capital Protection Board (Conselho de Defesa dos Capitais do Estado – CODEC) 01/2018 and 01/2019.

Annually, the General Shareholders’ Meeting approves the global compensation amount. For more information on the composition of the compensation of statutory bodies and the annual amounts foreseen and carried out, see “Item 13” of Reference Form (only in Portuguese).

Arbitration Clause

Sabesp, its shareholders, directors, officers and members of the Fiscal Council, both sitting and alternate, undertake to settle through arbitration, before the Market Arbitration Chamber, in the form of its regulation, any controversy that may arise between them, related to or arising from its status as issuer, shareholders, managers and members of the Fiscal Council, in particular, those arising from the provisions set forth in Law No. 6,385/1976, Law No. 6,404/1976, our Bylaws, the National Monetary Council, the Central Bank of Brazil and the Brazilian Securities and Exchange Commission, as well as other rules applicable to the operation of the capital market in general, in addition to those contained in the Novo Mercado Regulations, other B3 regulations and the Novo Mercado Participation Agreement.