Committees

Audit Committee

The Audit Committee was established in March 2012. According to the bylaws of the bank – and beyond the duties provided by laws and regulations – the Committee is responsible for: (i) the quality and integrity of nancial statements, (ii) compliance with legal and regulatory requirements, (iii) the performance, independence, and quality of the work of independent auditing rms, (iv) the performance, independence, and quality of work of Internal Audit, and (v) the quality and effectiveness of internal controls and risk management.

The Committee is composed of three Independent Members

Audit Committee Members

President

Mandate:
June, 2021 - 1ˢᵗ BoD meeting after 2025 AGM

33 years of experience in the nancial market in the areas of External Audit, Internal Audit, Compliance, Internal Controls, Operational Risk and Prevention and and Combating Money Laundering and the Financing of Terrorism in the companies PWC, BankBoston (Brazil and USA), Itaú, Cetip and Banco Original. CIA, CCSA, CRMA certications by the IIA - Institute of Internal Auditors.

Member

Mandate:
December, 2021 - 1ˢᵗ BoD meeting after 2025 AGM

He holds bachelor's degrees in Metallurgical Engineering and Economics and an MBA from Colorado School – USA. Manager with vast experience in leadership position in the nancial market.

Qualied Member

Mandate:
June, 2023 - 1ˢᵗ BoD meeting after 2025 AGM

Graduated in Business Administration from Universidade Mackenzie and MBA from Instituto Brasileiro de Mercado de Capitals – IBMEC/INSPER SP. He has 31 years of experience in the nancial market in the areas of Planning, Budgeting, Controls, Costs and Controllership, having worked at Banco Sudameris Brasil S/A, Banco Dibens S/A and Banco Pine S/A. At Pine, he worked since its foundation, going through the IPO and other consolidation phases of the institution.

Compensation Committee

The Compensation Committee was established in August 2012. The Committee is responsible for: (i) Institucional Remuneration Policy (benets, compensation xed, variable short and long term), (ii) to propose the overall amount of remuneration of directors to be submitted to the Board of Directors, (iii) ensure that the remuneration policy is competitive against market practices and at the same time is compatible with the policy of risk management, (iv) Report periodically the practices and structures of remuneration of directors to eventually be required by regulatory agencies.

The committee is composed of four members, including one independent:

Compensation Committee Members

Chairman

Mandate:
April, 2020 - August 2027

Mr. Pinheiro founded Banco Pine in 1997 and nowadays is the Chairman of the Board of Directors. He started his career in 1975 as controlling shareholder, Executive Vice President and permanent member of the Executive Committee and Senior Credit Committee at Banco BMC. He was head of Sales, Products and Marketing from 1975 to 1996 and led the project of transforming a regional bank into a national bank.

Member

Mandate:
April, 2020 - August 2027

Holds a bachelor's degree in Business Administration from the American Intercontinental University in London. Previously he worked in various nancial institutions in the areas of Finance, Foreign Trade and Fund Management. He worked as Director of Corporative Banking at Pine until February, 2016 when resigned as Director to be Vice-Chairman of the Board of Directors.

Member

Mandate:
June, 2022 - August 2027

Graduated in Business Administration and MBA from Babson College, FW Olin Graduate School of Business.Started his career as a West Merchant Bank M&A analyst and worked at Banco Pactual S.A. and GreenLake Capital LLC in New York.Worked at Banco Pine S.A. in leadership positions such as Head of Operations, Finance, CEO and on the Board of Directors. He was also a member of the Board of Directors of companies in several sectors.

Independent Member

Mandate:
August, 2022 - August 2027

Graduated in Business Administration from PUC/SP and specialized in Leadership Development Education from the University of Chicago Booth, he has extensive experience in business, nance, people management and Human Resources segments both in national and international companies, especially in interface with Boards of Directors, cultural transformation processes, executive compensation strategy and organizational development. In addition, he is a member of the IBGC - Brazilian Institute of Corporate Governance, acting on the People Committee.

Risk and Capital Committee

The Risk and Capital Committee was established in May 2016. The Committee is responsible for supporting the Board of Directors in the performance of risk management responsibilities in all its dimensions. The Committee is also responsible for supporting the institution's capital management, addressing the risk appetite in capital dimensions (market, credit, operational), liquidity and results, overseeing the institution's risk management and control activities.