Circular Letter CVM/SEP 06/2019

SECURITIES AND EXCHANGE COMMISSION OF BRAZIL
Rua Sete de Setembro, 111/2-5th and 23-34th Floors, Center, Rio de Janeiro/RJ – ZIP: 20050-901 – Brazil - Tel.:
(21) 3554-8686
Rua Cincinato Braga, 340/2nd, 3rd and 4th Floors, Bela Vista, São Paulo/ SP – ZIP: 01333-010 – Brazil - Tel.: (11) 2146-2000 SCN Q.02 – Bl. A – Ed. Corporate Financial Center, S.404/4th Floor, Brasília/DF – ZIP: 70712-900 – Brazil - Tel.:
(61) 3327-2030/2031 www.cvm.gov.br
Circular Letter No. 6/2019-CVM/SEP
Rio de Janeiro, August 13, 2019.
Subject: Item 13.11, Annex 24, of CVM Instruction No. 480/2009 Director of Investor Relations/Legal Representative,

1. This Circular Letter aims to guide on the necessary procedures regarding the information contained in the Reference Form, due to a Decision that revoked the grant of the request for suspensive effect that stayed the effects of the Ruling issued by the Eighth Specialized Chamber of the Regional Federal Court of the 2nd Region, which granted the Appeal of the Securities and Exchange Commission of Brazil, reforming the first-instance decision that ordered the CVM to refrain from implementing a requirement contained in sub-item 13.11 of Annex 24 of CVM Instruction 480/09, which established the disclosure of information regarding the minimum, average, and maximum remuneration of administrators of each social body (board of directors, executive board, and audit committee), to be reported in item 13.11, of Annex 24, of CVM Instruction No. 480/09.

2. Given that, in accordance with art. 24, §1º, of CVM Instruction No. 480/09, the deadline for submitting the Reference Form via the Empresas.Net System for open and foreign companies whose fiscal year coincides with the calendar year has already ended, we request, based on art. 57 of CVM Instruction No. 480/09, that companies registered in category A that submitted the Reference Form without fully completing the aforementioned item 13.11 resubmit the document including the remuneration information subject of this Circular Letter.

Circular Letter 6 (0817982) SEI 19957.007774/2019-17 / pg. 1

3. The resubmission of the Reference Form, cited in the previous paragraph, must be made by 08/23/19.

4. Finally, we emphasize that non-compliance with the requirements of this document subjects those responsible for providing the said information to potential determination of their liabilities.

Sincerely,

Document electronically signed by Fernando Soares Vieira, Superintendent, on 08/13/2019, at 08:57, based on art. 6º, § 1º, of Decree No. 8.539, of October 8, 2015. The authenticity of the document can be verified on the site https://sei.cvm.gov.br/conferir_autenticidade, providing the verification code 0817982 and the CRC Code B6A125E5. This document's authenticity can be verified by accessing https://sei.cvm.gov.br/conferir_autenticidade, and typing the "Verification Code" 0817982 and the "CRC Code" B6A125E5. Reference: Process No. 19957.007774/2019-17 SEI Document No. 0817982 Circular Letter 6 (0817982) SEI 19957.007774/2019-17 / pg. 2