Olavo Egydio Setubal Júnior - Substitute Member

Duratex S.A : Substitute member of the Board of Directors since August 2009, and member of the Sustainability Committee since November 2009.
Principal activity of the company: manufacture, sale, import and export of products derived from wood, metal products, ceramic materials and plastics.

Duratex S.A : Member of the Board of Directors from April 1993 to April 2008 and substitute member of the Board of Directors, from April 2009 to August 2009.
Principal activity of the company: manufacture, sale, import and export of products derived from wood, metal products, ceramic materials and plastics.

Itauseg Participações S.A.: Vice President of the Board of Directors since April 2009.
Principal activity of the company: holding company in the area of non-financial institutions.

Itautec S.A. - Grupo Itautec : Member of the Board of Directors since April 2011 and substitute member of the Board of Directors from April 2008 to April 2011.
Principal activity of the company: manufacture of computer equipment.

Elekeiroz S.A.: Vice President of the Board of Directors since April 2009. Principal activity of the company: manufacture of intermediaries for plastification, resins and fibres.

Academic background: Graduate in business administration, from the Armando Álvares Penteado Foundation (FAAP), in 1978.
Indication of all the administrative positions which he holds or has held in publicly listed companies: Duratex S.A. (current corporate name of Satipel Industrial S.A.), Duratex S.A. (incorporated by Satipel Industrial S.A.), Itauseg Participações S.A., Itautec S.A. – Grupo Itautec and Elekeiroz S.A., in the positions specified above.