In the last few years, Duratex has adopted important measures for improving its Corporate Governance practices, aiming at transparency, increased stock liquidity and the generation of value for shareholders:

• Entrance BM&FBovespa’s Novo Mercado of Differentiated Practices of Corporate Governance
  
  
• 100% Tag-Along rights
  
  
• Minimum dividend Policy worth 30% of adjusted net income
  
  
• Adoption of a Securities Trading Policy
  
  
• Adoption of Announcements and Material Facts Disclosure Policy
  
  
• Joined the Abrasca’s Manual of Control and Disclosure of Relevant Facts
  
  
• Share buy-back program