<SEC-DOCUMENT>0001292814-18-003807.txt : 20181130
<SEC-HEADER>0001292814-18-003807.hdr.sgml : 20181130
<ACCEPTANCE-DATETIME>20181130103743
ACCESSION NUMBER:		0001292814-18-003807
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20181130
DATE AS OF CHANGE:		20181130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
		CENTRAL INDEX KEY:			0001170858
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31317
		FILM NUMBER:		181210159

	BUSINESS ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
		BUSINESS PHONE:		011-55-11-3388-8000

	MAIL ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sbs20181109_6k.htm
<DESCRIPTION>FORM 6-K
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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, DC 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>REPORT OF FOREIGN ISSUER</B><BR><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES EXCHANGE ACT OF 1934</B></FONT></DIV>

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<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;November 28, 2018</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Exact name of registrant as specified in its charter) </I></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Basic Sanitation Company of the State of Sao Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Translation of Registrant's name into English) </I></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Rua Costa Carvalho, 300 <BR>S&#227;o Paulo, S.P., 05429-900 <BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Address of Registrant's principal executive offices) </I></FONT></DIV><BR>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file <BR>annual reports under cover Form 20-F or Form 40-F. <BR><BR>Form 20-F ___X___ Form 40-F ______</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(1)__.</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(7)__.</FONT></DIV>

<P></P>

<P align=center><FONT size=2 face="'Times New Roman, Times, Serif'">Indicate by check mark whether the registrant by furnishing the <BR>information contained in this Form is also thereby furnishing the <BR>information to the Commission pursuant to Rule 12g3-2(b) under <BR>the Securities Exchange Act of 1934. <BR><BR>Yes ______ No ___X___</FONT></P>

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<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">If "Yes" is marked, indicated below the file number assigned to the<BR>registrant in connection with Rule 12g3-2(b):</FONT> </DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter I - OBJECTIVE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 1. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>This Internal Charter (&#8220;Charter&#8221;) govern and regulate the responsibilities, duties and operating rules of the Board of Directors (&#8220;Board&#8221;) of </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> &#8211; SABESP (&#8220;Company&#8221; or &#8220;Sabesp&#8221;), in accordance with the provisions of the Company&#180;s Bylaws and legislation in force.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter II - COMPOSITION, INVESTITURE AND TERM OF OFFICE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 2</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Board of Directors shall be comprised of at least seven (7) and at most eleven (11) members, elected and dismissed by the General Meeting. All members shall serve a unified term of office of two (2) years from the date of the election, and a maximum of three (3) consecutive reelections is permitted. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Once the limit of reelections referred to in the main section of this article has been reached, a Board Member shall only be permitted to serve on the Board again after two (2) years have elapsed. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The two-year (2) period provided for in Paragraph 1 above shall be counted as from the end of the term of office.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Company&#8217; s Chief Executive Officer shall serve on the Board of Directors, as long as the position is held, pursuant to the Company&#180;s Bylaws.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> It shall be incumbent upon the General Meeting that elects the Board of Directors to establish the total number of positions to be filled and to designate its Chairperson, within the limits provided for in the Company&#8217;s Bylaws. Such Chairperson may not be the Company&#8217;s Chief Executive Officer elected as a Board Member.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 5.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Unless otherwise decided by the Board, the Chief Executive Officer that leaves his or her position for any reason shall automatically lose his or her term of office as a Board Member.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 6.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The controlling shareholder shall be ensured the power to elect the majority of the members of the Board of Directors, pursuant to line &#8220;a&#8221;, article 116 of Federal Law No. 6,404/1976. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 7.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Unless in the event of resignation or removal, the Board Members&#8217; terms of office are automatically extended until their corresponding alternates assume their positions in accordance with the Company&#8217;s Bylaws.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 3.</FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Notwithstanding the provisions of the Company&#8217;s Bylaws with regards investiture and terms of office, a Board Member shall:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Maintain his or her personal data updated with the Board&#8217;s Secretary;</FONT></FONT></FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" color=black face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif>Approved at the 873<SUP>rd</SUP> Meeting of the Board of Directors - 10/10/2018</FONT></FONT><FONT color=black face=verdana,sans-serif></FONT></P></TD>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Present all personal documents requested by the Company;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Declare that there is no impediment under the terms of the legislation in force;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Provide all declarations and information required by the Company, under the terms of the Company&#8217;s Bylaws, this Charter, the legislation and regulations in force, including those required by the Brazilian Securities Commission (CVM); </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>V.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Participate, on taking office and on an annual basis, in training provided for in Federal Law No. 13,303/2016;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Comply with SABESP&#180;s Code of Conduct and Integrity;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><STRONG>VII.</STRONG></FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman"><STRONG>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</STRONG><FONT size=2 face=Verdana>&nbsp; </FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%"><FONT lang=EN-US style="FONT-SIZE: 10pt" face=Verdana>Comply with the Company&#8217;s policies and rules, including but not limited to, SABESP&#180;s Institutional Policies on Disclosure of Material Acts and Facts and Trading in Securities Issued by Sabesp. In addition, a Board Member shall declare ownership, any trading of Company-issued securities as well as submit a list of persons who are related to him or her under the terms of Article 11 of CVM Instruction No. 358/2002;</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VIII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Present the Declaration of Full or Joint Controlled Companies under the terms of the Institutional Policy on Transactions with Related Parties - PI0032.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IX.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>Sign the instrument of investiture within 30 (thirty) days after election, under penalty of annulment (unless he or she provides a justification which is accepted by the body to which a Member has been elected), which must contain:</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(i)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Identification of at least one domicile to receive service or process and notices of administrative and judicial proceedings related to acts of management, where any change of address may only be stated in writing, in accordance with the Bylaws;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(ii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>State <FONT style="FONT-SIZE: 10pt" face=Verdana>his or her</FONT>&nbsp;agreement with the Arbitration clause, under the terms required by the Novo Mercado Regulations and the Bylaws;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>X.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To present a declaration of assets and values in accordance with the Bylaws, which shall be updated annually and at the end of each term of office; </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Observe the provisions of Binding Precedent No. 13 of the Federal Supreme Court and State Decree No. 54,376/2009; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To state that&nbsp;he or she is&nbsp;aware that remunerated participation on the Board as provided for in Article 1 of State Decree 58,265/2012 and article 20 of Federal Law 13,303/2016, is prohibited. If applicable, State Capital Protection Board &#8211; CODEC (Conselho de Defesa dos Capitais do Estado) Resolution 1/18 shall be noted. </FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter III - BOARD MEMBERS</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Art. 4</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> In addition to the provisions of the Bylaws, and applicable regulations and legislation, each Board Member must individually:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(i)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Participate in Board of Directors&#180; meetings.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(ii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Read any material in advance and request additional information, if necessary, in order to be properly prepared for the meeting;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(iii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Ensure compliance with proper corporate governance practices;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(iv)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Use the Company&#8217;s information only for the exercise of duties as a Board Member;</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(v)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Treat all Company material and information with the utmost confidentiality and maintain strict confidentiality over information obtained as a Board Member and not yet disclosed to the market;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(vi)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Lead Sabesp in a legal, ethical, transparent and professional manner, observing Law No. 12,846/2013 and Sabesp&#8217;s Code of Conduct and Integrity, as well as assimilating, accepting and executing these guidelines;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(vii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To state awareness of the US Foreign Corrupt Practices Act (FCPA) to which Sabesp is subject; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 54pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(viii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To state awareness of, and comply with, the obligations established in applicable legislation, B3&#8217;s Novo Mercado Regulations, the Company&#8217;s Bylaws, this Internal Charter and Sabesp Institutional Policies.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter IV &#8211; EMPLOYEES REPRESENTATIVE</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 5</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Under the terms of the Bylaws, the participation of one (1) employee representative on the Board of Directors is ensured. Such representative&#8217;s term of office shall coincide with that of the other members.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Sole Paragraph. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The employee representative Board Member shall be chosen by employees&#8217; vote in a direct election organized by trade union entities representing the employees, with administrative collaboration of the Company, whenever required. Automatic reelection for successive periods under the terms of the Company&#8217;s Bylaws is forbidden and the provisions of article 122-II of Federal Law No. 6,404/76 shall be noted.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Art. 6</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The employee representative on the Board of Directors shall comply with the requirements and prohibitions of article 17 of Federal Law No. 13,303/2016.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Art. 7</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The appointment of the employee representative who shall be part of the Board of Directors must occur at least thirty (30) days prior to the date of convening of the Annual General Meeting.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The appointment shall be communicated to the Chairperson of the Board of Directors and the Chief Executive Officer.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The term of office of the employee representative shall be the same as that of the other Board Members, regardless of the date </FONT></FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face="Times New Roman"><BR></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>of its commencement.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter V - REPRESENTATIVE OF MINORITY SHAREHOLDERS</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article. 8</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Under the terms of the Company&#180;s Bylaws, the participation on the Board of Directors by a representative of the minority shareholders is ensured. Such representative&#8217;s term of office shall coincide with that of the other members.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Sole paragraph. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The minority shareholders&#8217; representative shall meet the requirements and comply with the prohibitions of article 17 of Federal Law No. 13,303/2016.</FONT></FONT></P>

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<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter VI - INDEPENDENT BOARD MEMBER</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 9</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> A proportion of least two (2) or 25% (twenty five percent), whichever is greater, of independent members shall participate in the Board of Directors pursuant to the provisions of article 22 of Federal Law No. 13,303/2016 and article 15 of the Novo Mercado Regulations. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The qualification of those appointed to the Board of Directors as Independent Board Members shall be decided at the General Meeting that elects them, pursuant to the Company&#180;s Bylaws, and the General Meeting may base its decision on:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>a declaration, forwarded by the appointed Independent Board Member, attesting&nbsp;<FONT style="FONT-SIZE: 10pt" face=Verdana>his&nbsp;or her</FONT>&nbsp;compliance with the independence criteria, including the respective justification, pursuant to applicable regulations, including but not limited to, the Novo Mercado Regulations; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>statement of the Board of Directors referred to in Article 29 of this Charter. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The decision-making procedure at the General Meeting in relation to eligibility of those appointed for Independent Board Members pursuant to paragraph one of this article 9 does not apply to appointments of candidates for members of the Board of Directors:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(i)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>that fail to meet the deadline for inclusion of candidates in the ballot paper, as provided for in the regulations issued by the CVM on distance voting; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 106.8pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>(ii)</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>upon separate vote.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>A member elected by minority shareholders in a separate vote shall be considered an independent member of the Board of Directors under the terms of article 141 paragraphs 4 and 5 and article 239 of Federal Law No. 6,404/1976, and article 22, paragraph 4, Federal Law No. 13,303/2016, as well as the Company&#180;s Bylaws. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>In the event that the application of the minimum percentage referred to in the main section results in a fractional number of Members of the Board, that amount shall be rounded up to the next integer pursuant to the Company&#8217;s Bylaws.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter VII - VACANCY</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 10. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>In the event that a vacancy for a member of the Board opens prior to the termination of&nbsp;<FONT style="FONT-SIZE: 10pt" face=Verdana>his or her</FONT>&nbsp;term of office, the Board may decide on the choice of the alternate to complete the term of office of the substituted member. That decision is subject to subsequent approval at the next General Meeting, under the terms of the Company&#180;s Bylaws.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Any vacancy in the position of Employee Representative Board Member shall be replaced by another Employee Representative under the terms of the Company&#8217;s Bylaws.</FONT></FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT></B></FONT></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Board of Directors shall observe, when appointing any alternate who shall complete the term of office of a vacant Board Member position, the eligibility requirements applicable to management (including independence criteria, as the case may be). No exceptions shall be admitted, even due to reasons of urgency on this issue.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter VIII - CHAIRPERSON</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 11.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Chairperson of the Board (&#8220;Chairperson&#8221;) shall be appointed by the General Meeting. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> In the event of&nbsp;<FONT style="FONT-SIZE: 10pt" face=Verdana>his or her</FONT>&nbsp;absence or temporary impediment, the Chairperson shall nominate the Board Member who shall replace&nbsp;<FONT style="FONT-SIZE: 10pt" face=Verdana>him or her</FONT>&nbsp;in chairing the proceedings, assuming that this does not include the Chief Executive Officer who is elected as a Board Member.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> In the event of vacancy, the Board Members shall elect a Chairperson who shall assume the position until a new appointment at a General Meeting is decided upon, assuming that the choice does not include the person acting as the Chief Executive Officer who is elected as a Board Member.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 12.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Notwithstanding the duties provided for in the Company&#8217;s Bylaws, the Chairperson shall:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Convene, hold and preside over the annual and extraordinary meetings of the Board of Directors;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Approve the agenda of the meetings;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Decide on whether or not to include an extraordinary item on the agenda (issues not on the agenda) during the meeting;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Ensure that the Board Members individually receive documentation containing the information necessary to allow the discussion and decision on the matters to be dealt with at least five (5) calendar days in advance of the meeting date;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>V.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Appoint the Executive Secretary;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Guide the Executive Secretary in the conduct of the &nbsp;proceedings;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Coordinate the activities of the Board seeking efficiency and the proper performance of the body;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VIII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Ensure the effectiveness of the of the Board, with the power to restrict Board Member contributions to meetings;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IX.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Propose to the Board the Calendar of Ordinary Board Meetings for the following year, in accordance with Article 24-I of this Charter;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>X.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Decide on the holding of exclusive sessions, in compliance with the provisions of Article 22 of this Charter; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Comply with and enforce this Charter.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter IX - EXECUTIVE SECRETARY</FONT></B></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Art. 13</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Board is supported by an Executive Secretary, appointed by the Chairperson of the Board of Directors.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Art. 14</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Executive Secretary shall:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Organize the agenda of the meeting in accordance with the Executive Board or Board of Directors&#180; requests, including the approval of the Board meeting minutes as well as the distribution of Audit Committee meeting minutes;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To issue, on behalf of the Chairperson or a majority of the Board Members in office, the convening of meetings, stating the date, time, place, agenda of the meeting and respective documents;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Invite, on behalf of the Chairperson or a majority of the Board Members in office, the Company&#8217;s Officers and/ or employees to attend meetings and provide clarification or information on the matters under consideration, without prejudice to Article 23;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Provide secretarial duties and draft the minutes of the meetings;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>V.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Include the minutes in the Decentralized Entities&#8217; Information System (Sistema de Informa&#231;&#245;es das Entidades Descentralizadas - SIEDESC), under the terms of the Bylaws;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Maintain the annual schedule of Board of Director Meetings updated; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Adopt the necessary measures for holding Board meetings.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter X - MEETINGS</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 15.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Board shall meet ordinarily once a month and, extraordinarily, whenever necessary in the interests of the Company, in accordance with the Bylaws.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Board of Directors&#180; meetings shall be convened by its Chairperson or by the majority of the Board Members in office, through written or electronic correspondence to all members and also to the State through the Council for </FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>State Capital Protection Board</FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> &nbsp;- CODEC, with a minimum notice of ten (10) days. The notice shall include the date, time and matters that shall be included in the agenda, pursuant to the Bylaws.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Extraordinary meetings may be called at any time by the Chairperson of the Board or by the majority of the Members in office.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The ordinary or extraordinary meetings shall be held in person but may also be held by conference call, videoconference or other suitable means of expressing Board Members&#180; decisions, whose votes shall be considered valid for all effects, without prejudice to subsequent drafting and signature of the respective minutes, upon decision of the Chairperson of the Board of Directors or the majority of Board Members in office, in accordance with the Bylaws. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>In face-to-face meetings, the participation by any Board Members via conference call, videoconfence or other suitable means of expressing Board Member&#8217; </FONT></FONT>


<FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>decisions is permitted, as long as it has been approved by the Chairperson, or whoever is presiding over the meeting. If applicable, the Board Member&#8217;s votes shall be considered valid for all purposes, without prejudice to subsequent drafting and signature of the respective minutes.</FONT></FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 16. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Meetings convened by a majority of Board Members in office shall be presided over in the following order of preference: (i) Chairperson of the Board; (ii) a Board Member appointed by the Chairperson (iii) a Board Member appointed by the majority of those present. In any event the choice shall not fall solely on the CEO who is elected as a Board Member.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 17.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The meetings shall be held at the Company&#8217;s headquarters; In exceptional circumstances, these may take place at another location by decision of those presiding over the meeting.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 18</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>. Board Meetings shall be held with the attendance of the majority of members in office and it is the responsibility of the Chairperson to chair the meeting or, in the &nbsp;absence thereof, another Board Member appointed by the Chairperson. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Sole paragraph</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>. The Board shall adopt resolutions by a majority of votes of meeting participants, and in the event of a tie any proposal that receives the vote of the Board Member presiding over the Board&#180;s proceedings shall prevail, pursuant to the Company&#8217;s Bylaws.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 19.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Board Meetings shall follow the order established in the meeting agenda and whenever required, the Chairperson, or whoever is presiding over the meeting, may alter the sequence of the agenda in order to give preference to more urgent strategic matters, or in the interest of greater meeting efficiency.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 20.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> A meeting may be suspended by decision of the Chairperson, or whoever is presiding over the meeting and in agreement with the majority of Board Members present. The place, date and time of meeting continuation shall be defined, and any new call shall be waived, provided no new item is included on the agenda and when there is a quorum for resolution.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Sole paragraph.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The suspension and/or continuation of a meeting shall be recorded in meeting minutes.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 21.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Minutes must be prepared for each meeting, and, after approval of the Board, shall be transcribed into the Book of Board of Directors&#180; Meeting Minutes and signed by the Board Members present.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Board Meeting minutes shall be clearly drafted and contain a record of the Board Members present, the resolutions adopted, including any abstentions or dissenting votes. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> A summary of the Board of Directors&#8217; Meeting minutes shall be signed by the Chairperson and by the Executive Secretary.</FONT></FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT></B></FONT></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Whenever the summary of minutes contains resolutions that are intended to produce effects before third parties, it shall be filed with the commercial registry and published.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The meeting minutes drawn up and recorded in the proper book shall be immediately included in the Decentralized Entities&#8217; Information System (SIEDESC).</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 22.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Upon resolution of the Chairperson, exclusive sessions for external board members may be held without the presence of executives or other participants in order to align and discuss issues that may cause embarrassment.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 23</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>. The Chairperson on his or her own initiative, or at the request of any Board Member, may call Company Officers to attend Board meetings and provide clarification or information on the issues under consideration. Requests shall be addressed to the Company&#8217;s Chief Executive Officer and shall include the date, time and issues that shall be included in the agenda, pursuant to the Company&#8217;s Bylaws. </FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter XI - <B><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>POWER AND DUTIES</FONT></B></FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 24.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Without prejudice to the duties established in applicable legislation and in the Company&#8217;s Bylaws, it is incumbent on the Board:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve up to the end of November of the current year the calendar for ordinary board meetings relating to the following year, including an annual thematic agenda with the respective projection of the most significant issues and the dates for discussion; </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the minutes of the Board of Directors&#8217; meetings;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the Management Proposal to be submitted to the General Meeting;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the Internal Charter for bidding processes and hiring;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>V.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the duties of the internal audit area pursuant to article 23-II of Novo Mercado Regulations;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the Audit Committee&#8217;s budget in conjunction with the Company&#8217;s budget pursuant to the Bylaws and article 31-B, item VII of CVM Rule 308/1999; </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To decide on the payment of any annual bonus to Officers under the terms of paragraph one of article 2 of CODEC Resolution 1, dated 03/16/2018;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>VIII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the choice and dismissal of the person responsible for the internal audit as endorsed by the Audit Committee based on the appointment by the Executive</FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> </FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Board, pursuant to the Bylaws;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IX.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To assess and disclose the Audit Committee meetings&#8217; summary minutes, pursuant to paragraphs 4, 5 and 6 of Article 24 of Law 13,303/2016;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>X.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To assess the work plan of the independent auditor, previously evaluated by the Audit Committee;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XI.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the guidelines of operation for the Whistleblowing Channel; </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the policy on Company voluntary contributions;</FONT></FONT></P>

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   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="81%">

   <P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" color=black face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif>Approved at the 873<SUP>rd</SUP> Meeting of the Board of Directors - 10/10/2018</FONT></FONT><FONT color=black face=verdana,sans-serif></FONT></P></TD>

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   <P style="MARGIN: 12pt 3.6pt 12pt 0cm"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face=verdana,sans-serif>PAGE </FONT></B><FONT style="DISPLAY: none"><B><FONT lang=EN-US style="FONT-SIZE: 7pt" face=verdana,sans-serif></FONT></B></FONT></FONT><FONT face=verdana,sans-serif><FONT style="FONT-SIZE: 7pt" face=verdana,sans-serif>8</FONT></FONT><FONT face=verdana,sans-serif><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 7pt" face=verdana,sans-serif></FONT></FONT></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 7pt" face=verdana,sans-serif>OF 11</FONT></FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></B></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XIII.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To ensure that the annual Board of Directors&#180; assessment process, the assessment of its members and of the members of the advisory committees to the Board of Directors, takes place;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XIV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To assess the Executive Officers, including the Chief Executive Officer, annually, in a formal proceeding, pursuant to Article 13-III of Law 13,303/2016; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>XV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To approve the onboarding program for new members of the Board of Directors.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 25. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>In accordance with the Company&#8217;s Bylaws, it is incumbent upon the Board to authorize in advance the conclusion of any legal business when the amount involved exceeds seventy million </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Reais</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> (R$70,000,000.00), including the acquisition, sale or encumbrance of assets, the obtaining of loans and financing, the assumption of obligations in general, as well as any association with other legal entities.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Any program agreement or service agreement on the provision of public services for water supply and sewage &nbsp;system where the present amount of the investment plan or supplementary investments exceeds seventy million </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Reais</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> (R$70,000,000.00) shall be submitted for prior authorization of the Board of Directors.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> All amendments that increase the amount of the legal business by an amount exceeding seventy million </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Reais</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> (R$70,000,000.00) shall be submitted for prior approval from the Board of Directors even when the initial contracting had not been previously submitted to the Board of Directors;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> Entering into any instrument that does not create a binding financial obligation for the Company is exempt from prior authorization by the Board of Directors.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 26.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> The Board may grant to the Executive Board powers to assume matters that are under its responsibilities, as provided for in the Bylaws or in this Internal Charter, provided these do not relate to duties established under the law, in Article 139 of Federal Law 6,404/1976.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 27.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> <FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>Any matter submitted to the appreciation of the Board of Directors shall be supported by proposal approved by the Executive Board or the Company&#8217;s competent bodies and a legal opinion, when necessary for the examination of the matter, pursuant to the Bylaws.</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter XII - CIRCUMSTANCES INVOLVING POTENTIAL CONFLICTS OF INTERESTS</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 28.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> In any circumstances that involves a conflict of interest with the Company or a private interest in the matter, it is incumbent on each member of the Board:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>To manifest his or her impediment in a timely manner whenever he or she becomes aware of such fact;</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To refrain from intervening in the issue under discussion or decision;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To communicate the fact in the meeting minutes; and</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>IV.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>To abstain from discussions and decisions.</FONT></FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>If so requested by the Chairperson, any Board Member that has declared him or her to be impeded may participate in the discussion in order to provide additional information but shall under all circumstances absent him- or herself from the part of the meeting in which that issue is put to the vote.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>If the Chairperson has declared him- or herself to be impeded he or she may participate in the discussion in order to provide additional information but shall under all circumstances absent him- or herself from the part of the meeting in which that issue is put to the vote.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>Paragraph 3. </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>In the event that a Board Member has an interest that conflicts with that of the Company or a private interest in a matter under discussion and does not declare him- or herself to be impeded, any other member of the Board that is aware of such circumstances may declare that Board Member to be impeded, and removal from discussion and decision on the issue shall be recorded in the meeting minutes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The temporary removal of any member of the Board of Directors by virtue of a conflict of interest or private interest shall be recorded in the Board meeting minutes.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Chapter XIII - STATEMENT OF THE BOARD ON COMPLIANCE OF NOMINEES </FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 29. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Pursuant to Article 25 of the Novo Mercado Listing Rules, the Management Proposal relating to the General Meeting for the election of the Board of Directors shall include a statement of the Board which shall include:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Compliance of each nominee for the position of member of the Board of Directors pursuant to the requirements and prohibitions of Federal Law No. 13,303/2016 and the Nomination Policy; and </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The reasons under which each candidate qualifies as an Independent Board Member, pursuant to the provisions of Federal Law No. 13,303/2016, the framework criteria set forth in the Novo Mercado Rules and the declaration stated in Paragraph 1 of Article 9 of this Charter.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The Board&#8217;s statement on compliance of candidates with the Nomination Policy as referred to in item I may be based on minutes of meeting of the Eligibility and Advisory &nbsp;Committee. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>The Board&#8217;s statement on the qualification of candidates under the independence criteria as stated in item II may be based on a statement forwarded by the nominee for Independent Board Member attesting his or her qualification under the independence criteria provided for Federal Law No. 13,303/2016 and Novo Mercado Rules, and in the latter example shall include the respective justification in the event that any of the circumstances provided for in paragraph two of article 16 of the Novo Mercado Rules are identified.</FONT></FONT></FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 0pt" align=center><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT></B></FONT></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=PT-BR style="FONT-SIZE: 1pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The Board&#180;s statement shall be recorded in meeting minutes and its content included in the Management Proposal.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 4. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>An Independent Board Member&#180;s qualification as independent shall be reassessed on an annual basis by the Board of Directors. Any circumstances that may compromise his or her independence shall be identified, justified and recorded in Board Meeting minutes and disclosed in the Reference Form.</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 30. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The Board&#8217;s decisions on the election of officers or appointment of members of the Audit Committee or other internal committees shall observe the following procedure:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>I.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>The name of the candidate shall be immediately submitted to the Eligibility and Advisory Committee to verify compliance with the requirements and prohibitions of Federal Law No. 13,303/2016 and the Nomination Policy;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>II.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt" face=verdana,sans-serif>The Chairperson of the Board may invite a candidate to present him- or herself in advance to Board Members in a joint session where he or she shall respond to any questions that may be asked;</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 10pt 71.4pt; TEXT-INDENT: -36pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>III.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 115%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Any Board Member may request the verification of additional integrity and technical capacity requirements of a candidate, and the Company shall provide the necessary support in this regard.</FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm 0pt" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>CHAPTER XIV - FINAL PROVISIONS</FONT></B></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Article 31. </FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>This Internal Charter of the Board of Directors was approved in the 873<SUP>rd</SUP> Board of Directors&#180; Meeting held on 10/10/2018, effective as of this date.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 1.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> This Charter shall be made available on the websites of the Brazilian Securities Commission (CVM) and on the Company&#8217;s website.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 2.</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif> This Charter may be amended whenever necessary or on proposal by any Board Member after discussion and approval at the Board of Directors&#180; Meeting.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0cm 0pt 35.4pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>Paragraph 3</FONT></B></FONT><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 115%" face=verdana,sans-serif>. The Internal Charter of the Board of Directors approved in the 657<SUP>th</SUP> Board of Directors&#180; Meeting held on November 9, 2006 is hereby revoked. </FONT></FONT></P>

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   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 3.5pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 3.5pt" vAlign=top width="81%">

   <P style="TEXT-ALIGN: center; MARGIN: 12pt 0cm" align=center><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" color=black face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 8pt" color=black face=verdana,sans-serif>Approved at the 873<SUP>rd</SUP> Meeting of the Board of Directors - 10/10/2018</FONT></FONT><FONT color=black face=verdana,sans-serif></FONT></P></TD>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 6pt; TEXT-TRANSFORM: uppercase" face=verdana,sans-serif>BOARD OF DIRECTORS INTERNAL CHARTER</FONT></FONT></P></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>SIGNATURE&nbsp;</U></B></FONT><FONT size=1>&nbsp;</FONT></DIV></U></B></FONT>

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<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city S&#227;o Paulo, Brazil. <BR></FONT></DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;November 28, 2018</FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV></TD></TR>

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   <TD vAlign=top align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></TD>

   <TD vAlign=bottom align=left>/s/&nbsp;&nbsp;<FONT style="FONT-FAMILY: times new roman" size=3>Rui de Britto &#193;lvares Affonso</FONT>&nbsp;&nbsp;&nbsp;&nbsp;

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Name: Rui de Britto &#193;lvares Affonso </FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Title: Chief Financial Officer and Investor Relations Officer </FONT></DIV></TD>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="'Times New Roman, Times, Serif'">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
