Natura & Co’s Fiscal Council is a non-permanent body that may be convened by decision of the shareholders at the General Meeting. When convened, our Fiscal Council comprises 3 (three) members and an equal number of alternates. Its main responsibilities consist of monitoring and ensuring the management bodies acts are in compliance with their assigned legal and statutory duties and analyzing the Company’s quarterly and annual financial statements, issuing an opinion on the latter, per the Brazilian laws, the terms of our Bylaws and the Fiscal Council’s Internal Rules.
At the General Meeting of April 30, 2020, the first Fiscal Council of Natura &Co was convened, ending its term of office at the General Meeting held on April 16, 2021. The body was convened again after the General Meeting of April 20, 2022, with the composition listed below. The Fiscal Council approved its Internal Rules on May 18, 2022.
Eduardo Rogatto Luque is a member of the Executive Committee of Grupo Irko; Chairman of the Fiscal Council of Qualicorp S.A., Fundação Antônio e Helena Zerrenner (Fundação Ambev) and Natura &Co (from May 2020 to April 2021); member of the Fiscal Councils of Itausa S.A. and Ambev; member of the Board of Directors and chairman of the Audit Committee of Cantu Store S.A.; member of the Audit Committees of Porto Seguro S.A. (from April 2022) and Focus Energia S.A (until March 2022); vice-president of ABRAPSA (Brazilian Association of Administrative Service Providers); member of IBRACON (Independent Audit Institute of Brazil), of the American Institute of “Certified Public Accountants” (AICPA), of the IBGC (Brazilian Institute of Corporate Governance), and of the Brazilian Institutes of Accounting (CRC and CFC); PwC partner from 2004 to 2016 (total career of 27 years; with a 3-year exchange in the US) with extensive experience in serving large business groups, including IPO processes and SEC filings. Mr. Eduardo has a degree in accounting from PUC São Paulo, a CPA (Certified Public Accountant) certificate an MBA in Controllership from USP São Paulo, and participated in APG’s Senior Leadership Program in Amana-Key—São Paulo.
Carlos Elder Maciel de Aquino holds a bachelor’s degree in accounting from the Federal University of Pernambuco (UFPE), a master’s degree in Accounting and Actuarial Sciences from the Pontifícia Universidade Católica de São Paulo (PUC-SP) and a PhD candidate in Controllership and Accounting from the University of São Paulo (USP). He holds an MBA in Finance from IBMEC-SP and an MBA in Controllership Finance from the University of São Paulo (USP-SP), as well as a specialization in Engineering Economics from the Universidade Católica de Pernambuco (UNICAP-PE). He was an executive at companies such as Unibanco, Itaú Unibanco, KPMG, Diagnósticos da América S.A. He is a visiting professor at the Fundação Instituto de Pesquisas Contábeis, Atuariais e Financeiras (Fipecafi) e FIA-USP. He is also author and co-author of articles published in national and international books and journals on finance, accounting, governance, regulatory aspects and auditing. He has more than 40 years of professional experience, having held executive positions in the financial, auditing, health, private pension and third sector sectors, in addition he was a member of the board of directors, fiscal council and audit committees, management of risks, internal controls, ethics and conduct, prevention of money laundering and transactions with related parties. He is currently a member of the board of directors and president of the audit committee of Locaweb S.A., president of the audit committees of Allied Tecnologia S/A, Lojas Quero-Quero S/A, Nibs Participações S/A (Copenhagen) and Fortbras S/A. He is a member of the audit committee of Tokio Marine Seguradora S/A and Tigre S/A Participações and a member of the ethics and conduct committee of Nibs Participações (Copenhagen). He is a member of the fiscal council at Folha Participações S.A. He is certified as a board member by the Brazilian Institute of Corporate Governance (IBGC).
Cynthia May Hobbs Pinho is an executive with 30 years of experience in the Financial Management area with a strategic view and business experience acquired in companies from different segments. Held C-Level positions in publicly traded and family-owned companies. She was part of the Board of Officers of Ultrapar, Sagatiba, Dasa, Schneider, CPFL, Fundacao Renova and GetNinjas has experience in a highly complex environment with multi-stakeholders Governance and interactions with different civil society entities. In the Third Sector, she joined reparation socio-environmental projects focused on sustainability with an agenda of social transformation and institutional development (ESG Agenda). She is a Board Member and Fiscal Counselor certified by the IBGC. Currently, she is a Director at GetNinjas, Counselor at OSB – Social Observatory of Brazil and Fiscal Board Member at Instituto Natura.