Executive Board and Board of Directors

Mr. Marcos joined Ultrapar Participações S.A. in April 2021 as a member of the Board of Directors and, in January 2022, he became President of Ultrapar, ceasing to be a member of the Board. Mr. Marcos returned to the Board of Directors as Vice-President in April 2023, concurrently with the position of President of Ultrapar and member of the People and Sustainability Committee.

Mr. Marcos also holds the position of Director of Ultra S.A. Participações since 2021. He has been a member of the Board of Directors of Votorantim S.A. since 2020, and of Corteva Agriscience since 2019. He also served as a member of the Board of Directors of Rumo Logística S.A. from 2008 to 2020, and as Chairman of the Board of Directors in 2020.

Mr. Marcos was a member of the Board of Directors of Comgás S.A. from 2008 to 2020, of Raízen S.A. from 2013 to 2020, of Moove S.A. from 2008 to 2020, and of Monsanto S.A. from 2014 to 2018. He was also President of the Infrastructure Council of the Federation of Industries of the State of São Paulo (FIESP) from 2015 to 2021, and Chief Executive Officer of Cosan S.A. – Indústria e Comércio from 2009 to 2020. Mr. Lutz graduated in naval engineering from the University of São Paulo, and is Master of Business Administration from the Kellogg School of Management.

Among the companies mentioned above, Ultrapar Participações S.A. is a shareholder of the Company and holds, on this date, a stake of more than 5% of the common shares issued by the Company.

Mr. Marcos declared that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final and unappealable; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity.

Mr. Marcos therefore declared that he was qualified to practice his professional activities.

Mr. Marcos is not considered an independent member, under the terms of the specific regulations applicable to the matter, as well as based on the independence criteria defined by the Novo Mercado Regulation of B3 S.A. – Brasil, Bolsa, Balcão.

Furthermore, he is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. Rodrigo joined Ultrapar Participações S.A. in 1999 as an intern and, since then, has worked in different areas of Ultrapar, including Treasury, Mergers and Acquisitions, Planning and Investor Relations. From 2012 to 2014, he served as Director of Mergers and Acquisitions, Planning and Investor Relations. From 2014 to 2018, Mr. Rodrigo was appointed Director of Imifarma Produtos Farmacêuticos e Cosméticos S.A., assuming the presidency in June 2018. In October 2020, he was appointed as Financial and Investor Relations Director of Ultrapar, a position he currently holds . Mr. Rodrigo has a degree in business administration from Fundação Getúlio Vargas, and an MBA from Stanford Graduate School of Business.

Among the companies mentioned above, Ultrapar Participações S.A. is a shareholder of the Company and holds, on this date, a stake of more than 5% of the common shares issued by the Company.

Mr. Rodrigo declares that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Mr. Rodrigo declared, therefore, that he is qualified to practice his professional activities.

Mr. Rodrigo is not considered an independent member, under the terms of the specific regulations applicable to the matter, as well as based on the independence criteria defined by the Novo Mercado Regulation of B3 S.A. – Brasil, Bolsa, Balcão.

Furthermore, she is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. Roberto Cerdeira Filho is an Associate Partner in the infrastructure area of ​​Pátria Investimentos, acting as investment director. Previously, he was executive director of Para Bem, one of the companies in Pátria’s portfolio – in the parking segment.

Mr. Cerdeira began his career at Pátria in 2011 as investment director and before that he worked for Evercore Partners in the Mergers & Acquisitions team in London and for Gulf Capital Partners, a Brazilian company with real estate investments, financial services and renewable energy. He has extensive experience in different sectors such as logistics, water treatment, real estate, energy and financial services.
He has a degree in Business Administration from PUC-Rio and an MBA from the London Business School.

In the last 5 years, Mr. Roberto Filho has not been subject to the effects of any criminal conviction, any conviction or application of a penalty in an administrative proceeding before the CVM and no final and unappealable conviction, at the judicial or administrative level, that would have led to the suspension or disqualification to practice any professional or commercial activity, thus being duly qualified to practice their professional activities.

Furthermore, he is not considered to be a politically exposed person, under CVM Instruction 301/99.

Ms. Marina has worked as Legal Director of Ultrapar Participações S.A since 2023, and is also a member of the Conduct Committee of the aforementioned Company. From 2011 to 2023, Ms. Marina was part of brMalls Participações S.A, acting as Legal Director, Director of Risk and Integrity Management and as Data Protection Officer. Ms. Marina has a degree in Law from PUC-RIO, and an MBA in Corporate Management and Capital Markets from IBMEC (Insper). Among the companies mentioned above, Ultrapar Participações S.A. is a shareholder of the Company and holds, on this date, a stake of more than 5% of the common shares issued by the Company.

Ms. Marina declares that, during the last 5 (five) years: (a) she has not suffered any criminal conviction, even if not final; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, in the judicial sphere or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Ms. Marina therefore declared that she was qualified to practice her professional activities.

Ms. Marina is not considered an independent member, under the terms of the specific regulations applicable to the matter, as well as based on the independence criteria defined by the Novo Mercado Regulation of B3 S.A. – Brasil, Bolsa, Balcão.

Furthermore, she is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. Eduardo currently serves as Financial and Investor Relations Director at OceanPact and, since July 2017, as a member of the Board of Directors and Coordinator of the Audit Committee at Serena Energia S.A.. Between 2018 and 2020, he was Deputy Director President of Corporate Management at CCR S.A., responsible for the Financial and IR, Controllership, People Management, Technology and Engineering areas. He was a member of the Board of Directors of Odontoprev for 20 years, having held the positions of Chairman of the Board and Coordinator of the Audit Committee. Mr. Eduardo has a degree in Production Engineering (Poli/USP) and Economics (FEA/USP), complemented by the International Executive Program (INSEAD) and Entrepreneurship and Competitiveness (Columbia).

None of the companies mentioned above are part of the same economic group as the Company. None of the companies mentioned are controlled by a shareholder of the Company who holds a direct or indirect interest equal to or greater than 5% of the same class or type of security issued by the Company..

Mr. Eduardo declared that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final and unappealable; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Mr. Eduardo declared, therefore, that he is qualified to practice his professional activities.

Mr. Eduardo is considered an independent member, under the terms of the specific regulations applicable to the matter, as well as based on the independence criteria defined by the Novo Mercado Regulation of B3 S.A. – Brasil, Bolsa, Balcão.

Furthermore, she is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. Julio Cesar de Toledo Piza Neto graduated in Agricultural Engineering from the “Luiz de Queiroz” School of Agriculture at the University of São Paulo (ESALQ/USP) and has an MBA from Columbia University. Throughout his career, he accumulated experiences as CEO of BrasilAgro and partner of McKinsey & Co. Mr. Julio Piza is a rural producer, Board member in several companies linked to agribusiness such as Kepler Weber, Boa Safra and Terra Santa. In addition, he is the founder and partner of Demeter, a risk management consulting firm.

Furthermore, he is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. Luiz Alves Paes de Barros graduated in Economics from the University of São Paulo USP in the class of 1971. He is a founding partner of Alaska Investimentos Ltda. and LAPB Gestão de Recursos Financeiros Ltda., in addition to being a partner at General Water S/A. He is an independent member of the Board of Directors of ALLOS S.A. and COGNA Educação S.A., in addition to being president and controlling shareholder of Prin S/A, active in the agricultural and livestock sector, from 1984 to the present date. Furthermore, since March 2021, he has been a member of the board of directors of BRQ Digital Soluções, a company operating in the technology sector. He was a member of the Board of Directors of the following entities until 2023: Conglomerate (i) Banco Alfa de Investimentos S/A since 1987, (ii) Alfa Holding S.A., active in the financial sector, (iii) Consórcio Alfa de Administração S.A., active in the sector financial, (iv) Financeira Alfa S.A., active in the financial sector; (v) COMGÁS, from 2017 to 2018, an entity operating in the gas sector, (vi) Cosan Logística, from 2017 to 2019, operating in the logistics sector; and (vii) São Carlos Empreendimentos e Participações S/A, from 2018 to 2021, active in the real estate sector. None of the companies mentioned above are part of the same economic group as the Company. None of the companies mentioned above are controlled by a Company shareholder who holds a direct or indirect interest equal to or greater than 5% of the same class or type of security issued by the Company.

Mr. Luiz declares that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Mr. Luiz therefore declared that he was qualified to practice his professional activities.

Mr. Luiz is considered an independent member, under the terms of the specific regulations applicable to the matter, as well as based on the independence criteria defined by the Novo Mercado Regulations of B3 S.A. – Brasil, Bolsa, Balcão.

Furthermore, he is not considered to be a politically exposed person, under CVM Instruction 301/99.

Mr. André Saleme Hachem graduated in Business Administration from Fundação Getúlio Vargas (FGV), Hachem was na Officer of Planning, Investor Relations and Sustainability at Ultrapar. Before that, he developed his career in the capital markets, having worked for six years at Itaú BBA as head of analysis (equity research) in the Oil and Gas, Petrochemicals and Agribusiness sectors, in addition to having stints at Banco Credit Suisse and Guepardo.

In the last 5 years, Mr. Andre has not been subject to the effects of any criminal conviction, any conviction or application of a penalty in an administrative proceeding before the CVM and no final and unappealable conviction, at the judicial or administrative level, that would have resulted in suspension or disqualification to practice any professional or commercial activity, thus being duly qualified to practice their professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. Carlos Arruti has a degree in Law from the University of Salvador and was Executive Legal, Integrity and Audit Director at Ultracargo. Before that, he developed his career working at companies such as Braskem, Odebrechet Ambiental and GranBio. In the last 5 years, Mr. Carlos Arruti has not been subject to a criminal conviction, conviction in an administrative proceeding by the CVM, BACEN or SUSEP, or a final and unappealable conviction, at the judicial or administrative level, which has suspended or disqualified him. to practice professional or commercial activity.

Furthermore, it is not considered a politically exposed person, under the terms of CVM Resolution No. 50/21.

Mr. Harro Burmann holds a degree in Mechanical Engineering from the Federal University of Rio Grande do Sul and a postgraduate degree in Quality and Productivity from the Pontifical Catholic University of Rio Grande do Sul. He served as Executive Director at Falcão Bauer and has also worked at companies such as Dana Holding Corp and Estaleiro Atlântico Sul S.A., in addition to acting as a Board Advisor on a committee related to the industrial pool at Bossa Invest.

Over the past five years, Mr. Harro Burmann has not been subject to any criminal convictions, administrative sanctions by the CVM, BACEN, or SUSEP, nor any final judicial or administrative rulings that have suspended or disqualified him from engaging in professional or commercial activities.

Furthermore, he is not considered a politically exposed person under the terms of CVM Resolution No. 50/21.

Mr. Valmir holds a degree in Accounting from the University of Passo Fundo (RS), with a postgraduate degree in Finance from the University of Caxias do Sul (RS) and in Marketing from PUC Rio de Janeiro(RJ). He holds an MBA in General Administration from USP São Paulo (SP) and in Business Management from UNB- Brasília (DF).

Mr. Valmir is certified as Board Member and Certified Fiscal Councilor by the IBGC- Instituto Brasileiro de Governança Corporativa, in addition to certification in Spanish, level C-2 and in English, level B-2. Worked as an Accountant at Casfor Organizações Contábeis Ltda. and Bertol S.A, having worked as a consultant at Sebrae RS in 1982 and from 1983 to 2013 he worked at Banco do Brasil S.A, holding various positions, with emphasis on State Superintendent of Pará, State Superintendent of RS, Retail Superintendent SP, Corporate Superintendent SP and Regional for Latin America.

From February/2013 to November/2015 he served as President of Banco da Amazônia S.A, publicly traded federal public bank, headquartered in Belém (PA). He currently works for the following companies: CADAM S.A as a Member of the Audit Committee; RANDON S.A as Member of the Audit Committee, SIMPAR S.A as Member of the Audit Committee, and as Member of the Audit Committee of the Managing Organization of the Equity Fund of the Sociedade Beneficente de Senhoras do Hospital Sírio Libanês.  He has served as a member of the Board of Directors or Supervisory Board of companies such as Metalúrgica Gerdau S.A, Brasilprev S.A., BB Seguridade S.A., Banco Patagonia S.A – Argentina, CSN S.A. and Banco SANTANDER Brasil S.A.

Over the past 5 years, Mr. Valmir was not subject to the effects of any criminal conviction, any conviction or application of penalty in an administrative proceeding before the CVM and any final and unappealable conviction, at the judicial or administrative level, which had caused the suspension or disqualification for the practice of any professional activity. or commercial, being, thus, duly qualified to practice their professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. Riede holds a bachelor’s degree in social communication – Journalism from UniCEUB in Brasília DF and a Master’s in Business Management from Fundação Getulio Vargas RJ.

Mr. Riede is currently an alternate member of the Fiscal Council of Previ – Caixa de Previdência dos Trabalhadores do Banco do Brasil (since June 2018), a member of the Fiscal Council of Febann – National Federation of Athletic Associations of Branco do Brasil and a member of the Board of Springs Global Management.

Mr. Riede has already served as a member of the Board of Directors, Advisory Board and Deliberative Board of companies such as Kleper Wever, Anabb – National Association of Banco do Brasil Employees, Fibria, Invepar, Brasilcap, Brasil Nossa Caixa, Brasilsaúde and Valepar (from the Vale group).

Mr. Riede also acted as a professor of graduate programs in the areas of Corporate Ethics and Social and Environmental Responsibility and in the area of ​​People Management. Finally, Mr. Riede was chairman of the Executive Board of Cassi – Caixa de Assistência dos Trabalhadores do Banco do Brasil from May 2009 to February 2010 and director of People Management and representative of Banco do Brasil in the Human Resources Commission of Febraban from September 2008 to greater than 2009.

In the last 5 years, Mr. Riede was not subject to the effects of any criminal conviction, any conviction or application of a penalty in an administrative proceeding before the CVM and any final and unappealable conviction, at the judicial or administrative level, which had caused the suspension or disqualification for the practice of any activity professional or commercial, thus being duly qualified to practice their professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. Jerri is a senior professional with over 30 years of experience in consulting and leadership at PwC, where he served as a Partner and Head of the Risk Practice, leading transformations in Corporate Governance and Risk Management. His expertise stands out in projects for publicly-held companies accessing capital markets through IPOs in both the United States and Brazil, as well as for family-owned businesses seeking governance improvements. With strong international experience, he has participated in projects across several countries and worked for two years at PwC’s Singapore office, collaborating with other offices throughout Asia. He led PwC Brazil’s initiatives in the development of the new COSO ERM (Enterprise Risk Management, 2017), as part of PwC’s global team. Additionally, he coordinated PwC Brazil’s activities related to the RISE (Risk Sensitive Investments) initiative, focused on the prevention of natural disaster risks, in collaboration with UNISDR (United Nations International Strategy for Disaster Reduction). A member of the IBGC – Brazilian Institute of Corporate Governance since 2008, he played a significant role in projects such as Governance for Cooperatives and in the Capital Markets Commission. He has also served as a speaker at prestigious events, including the IBGC Congress and the Governance Journey. As a professor, he teaches Corporate Governance, Risk Management, Compliance, and Supervisory and Control Bodies in board of directors training programs at institutions such as IBGC and Saint Paul Business School. With more than 20 years of experience as a speaker and guest lecturer, he has contributed to events and institutions including the Inter-American Development Bank-USA, Abrasca, Amcham, Saint Paul Business School, and IBEF. His academic background includes a bachelor’s degree in Accounting from PUC Campinas, an MBA in Knowledge, Technology, and Innovation Management from USP, a specialization in Business Strategy from INSEAD, and training in Board of Directors Governance from IBGC. He is a certified accountant registered with the CRC-SP and currently also serves as the Coordinator of the Audit Committee at OPY Healthcare Gestão de Ativos e Investimentos S/A.

Mr. Jerri has declared that, over the past five (5) years: (a) he has not been subject to any criminal conviction, whether final or not; (b) he has not been subject to any conviction in administrative proceedings by the Brazilian Securities and Exchange Commission (CVM), the Central Bank of Brazil, or the Superintendence of Private Insurance (SUSEP), nor any other penalty imposed by such authorities, whether final or not; and (c) he has not been subject to any final conviction, whether judicial or administrative, that has suspended or disqualified him from engaging in any commercial activity. Mr. Jerri has therefore declared that he is duly qualified to perform his professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. José Mauricio is an executive with extensive experience in both national and multinational companies, having worked across sectors such as Energy, Textiles, Real Estate Development, and Services. He has excelled in leadership roles involving Corporate Governance, M&A processes, corporate and financial restructuring, capital raising, and debt renegotiation. He possesses solid expertise in financial and administrative management, including Treasury, Legal, Human Resources, IT, Controllership, and Procurement, as well as in leading strategic initiatives such as turnarounds, rebranding, and cultural transformation. Among his key roles, at Grupo Ecom Energia (2021–2022), he served as Executive Vice President of Finance, overseeing strategic areas and leading the group’s corporate restructuring. He structured credit facilities, raised capital, and conducted business valuations, which attracted new partners through investment funds. At Vicunha Têxtil (2010–2021), he held the positions of Chief Executive Officer (2018–2021) and Chief Financial and Investor Relations Officer (2010–2017), where he led financial and operational restructuring and M&A processes in countries including Argentina, Peru, Colombia, Mexico, the Netherlands, and Sri Lanka. He spearheaded the company’s rebranding and cultural revision, aligning global teams around shared values. At Coelho da Fonseca (2008-2009), he served as Vice President of Finance, securing funding from Banco Itaú and expanding real estate operations. Subsequently, as a member of the Advisory Board (2010–2018 and 2021–present), he has supported and continues to support the company’s strategic governance. At Fibra Empreendimentos Imobiliários (2006–2007), he structured the company and launched its first real estate development. At Santista Têxtil (1997–2006), he served as Corporate Controller and Strategic Planning Manager, focusing on M&A and strategic management. Earlier in his career, he worked at TAM Airlines as Financial Planning Manager and at PwC as Audit Manager, where he developed strong expertise in financial consulting and controllership.

Mr. José has declared that, over the past five (5) years: (a) he has not been subject to any criminal conviction, whether final or not; (b) he has not been subject to any conviction in administrative proceedings by the Brazilian Securities and Exchange Commission (CVM), the Central Bank of Brazil, or the Superintendence of Private Insurance (SUSEP), nor any other penalty imposed by such authorities, whether final or not; and (c) he has not been subject to any final conviction, whether judicial or administrative, that has suspended or disqualified him from engaging in any commercial activity. Mr. José has therefore declared that he is duly qualified to perform his professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. Mattioli has been a member of the Fiscal Council of Ultrapar Participações S.A. since April 2023. He has also been a member of the Fiscal Council of the Supplementary Pension Association (Ultraprev) since 2017. Additionally, he was Director of Administration and Control of Imifarma Produtos Farmacêuticos e Cosméticos S.A. from 2014 to 2022. Mr. Mattioli graduated in accounting from the Faculty of Economics of São Luiz, and has an MBA in business management from Fundação Getúlio Vargas. Among the companies mentioned above, Ultrapar Participações S.A. is a shareholder of the Company and holds, on this date, a stake of more than 5% of the common shares issued by the Company.

Mr. Mattioli declares that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Mr. Mattioli therefore declared that he was qualified to practice his professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.

Mr. Marcello serves as Corporate Secretary of Ultra S.A. Participações. Furthermore, he served, between 2019 and 2023, as CEO of Ultraprev – Associação de Previdência Complementar. He was also a member, between 2021 and 2023, of the Board of Directors and the Financial Committee of Unigel. Between 2019 and 2020, Mr. Marcello was an investor and member of the Advisory Board of Bit Capital.

None of the companies mentioned are controlled by a shareholder of the Company who holds a direct or indirect interest equal to or greater than 5% of the same class or type of security issued by the Company.

Mr. Marcello declares that, during the last 5 (five) years: (a) he has not suffered any criminal conviction, even if not final; (b) has not suffered any conviction in an administrative proceeding by the Securities and Exchange Commission, the Central Bank of Brazil or the Private Insurance Superintendency, or any other penalty applied by the aforementioned bodies, even if not final and unappealable; and (c) has not suffered any final and unappealable conviction, at the judicial level or subject to a final administrative decision, which has suspended or disqualified him from carrying out any commercial activity. Mr. Marcello therefore declared that he was qualified to practice his professional activities.

Furthermore, he is not considered a politically exposed person, under the terms of CVM Instruction 301/99.