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Our executive officers are our legal representatives and are primarily responsible for managing our day-to-day operations and implementing the general policies and guidelines established by our board of directors. Under Brazilian corporate law, each executive officer must be a Brazilian resident. Additionally, not more than one-third of the members of our board of directors may be executive officers at any given time.

Our executive officers are appointed by our board of directors for three-year terms and may be re-elected or removed by our board of directors at any time. Our bylaws require that our board of executive officers must have a minimum of two and a maximum of twelve members. Pursuant to the rules of the Novo Mercado, our officers will have to comply with the Novo Mercado regulations and with the rules of the BM&FBOVESPA. Currently, our board of executive officers consists of ten members.

Name Position Most Recent Date of Nomination
Rodrigo Osmo Chief Executive Officer September 1, 2017

Mr. Osmo is currently our chief executive officer and coordinator of our Investment and Ethics Executive Committees. Over the last years, Mr. Osmo held the following positions (i) development and business officer and chief financial officer of Gafisa S.A.; and (ii) manager officer of Alphaville Urbanismo S.A., a company whose main activity consists of the construction and the development of real estate projects, of which Gafisa S.A. hold 30% of its total capital stock. Previously, Mr. Osmo worked at GP Investimentos, Bain & Company and Ysoquim Representações Internacionais. He also acted as assistant professor at the Harvard’s Finance Department. None of the companies mentioned above hold relevant interest in the Company’s capital, neither they are controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Rodrigo holds a degree in chemical engineering from Polytechnic School of the University of São Paulo and an MBA from Harvard Business School.

Renan Barbosa Sanches Chief Financial Officer and Investor Relations Officer January 10, 2018

Mr. Sanches is currently our Chief Financial Officer, Investor Relations Officer and a member of our Investment Executive Committee. Over the last years, Mr. Sanches held the following positions (i) our Controller Director, (ii) our Financial Planning Manager and (iii) our Account Receivables Manager. Previously, Mr. Sanches worked at Construtora Mudar, Santander and American Express. None of the companies mentioned above hold relevant interest in the Company’s capital, neither they are controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Mr. Sanches holds a bachelor degree in Economics from Mackenzie University and an MBA from Getúlio Vargas Foundation (FGV).

Marcelo de Melo Buozi Operations Officer April 22, 2015

Mr. Buozi is currently our chief operating officer, in charge of business area and a member of our Investment Executive Committee. Over the last years, Mr. Buozi held the following positions: i) our business officer and (ii) business manager and business officer of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects. The company mentioned above doesn’t hold relevant interest in the Company’s capital, neither is controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Marcelo holds a degree in civil engineering from Armando Álvares Penteado Foundation and an MBA in business management from Getúlio Vargas Foundation.

Fabricio Quesiti Arrivabene Operations Officer April 22, 2015

Mr. Arrivabene is currently our chief operating officer, in charge of financial cycle area (sales, transfer and registry), and a member of our Investment Executive Committee. Over the last years, Mr. Arrivabene held the following positions (i) our regional business officer in Rio de Janeiro, our national officer of marketing and sales; (ii) sales officer of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects; and (iii) he worked as trainee at Companhia de Bebidas das Américas (AmBev), a publicly-held beverage company, holding leadership positions in the sales area. None of the companies mentioned above hold relevant interest in the Company’s capital, neither they are controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Fabrício holds a degree in production engineering from Federal University of São Carlos and an MBA from Business School of São Paulo.

Luis Gustavo Scrassolo Martini Operations Officer February 11, 2019

Mr. Martini is an Operations Executive Officer, responsible for marketing. In the last 5 years he has served as (i) Retail Officer at Omelete Group; (ii) Marketing Officer at Wine.com.br; and (iii) Global Senior Marketing Manager at Natura S.A. He holds a bachelor’s degree in Mechanical Engineering from USP, a master’s degree in Aeronautical Engineering and Production from the Instituto Tecnológico de Aeronáutica (ITA, Technological Institute of Aeronautics) and a postgraduate degree in Marketing.

Sidney Ostrowski Diretor Operacional April 22, 2015

Mr. Ostrowski is currently our chief operating officer, in charge of the operations area and a member of our Investment and Ethics Executive Committees. Mr. Ostrowski began his career at Gafisa S.A. as a trainee, and worked in several areas and held different positions, such as construction engineer, general manager of construction, etc. Over the last years, Mr. Ostrowski acted as chief operating officer of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects. The company mentioned above doesn’t hold relevant interest in the Company’s capital, neither is controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Sidney holds a degree in civil engineering from Mackenzie University and an MBA in real estate management from FAAP and an executive MBA from Dom Cabral Foundation.

Alex Fernando Hamada Operations Officer April 22, 2015

Mr. Hamada is currently our chief operating officer, in charge of the administrative areas (IT, Legal, CSC – Shared Services Center, CRM and Internal Audit) and a member of our Ethics Executive Committee. Over the last years, he held the following positions (i) CSC – shared services center – officer of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects; and (ii) shared services center officer of Walmart Brasil S.A., a privately-held company engaged in retail and wholesale trade. Mr. Hamada also acted as product officer of Walmart Brasil S.A. and procurement officer of Grupo Pão de Açucar (CBD). None of the companies mentioned above hold relevant interest in the Company’s capital, neither they are controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Alex holds a degree in business administration and an MBA from School of Business Administration of São Paulo – Getúlio Vargas Foundation (EAESP/FGV).

Daniela Ferrari Toscano de Britto Operations Officer April 22, 2015

Ms. Britto is currently our chief operating officer, in charge of São Paulo region. Ms. Britto began her career at Gafisa S.A., as a trainee and covered various fields, such as construction, projects, costs, financial planning and development. Over the last years, Ms. Britto held the following positions (i) manager and owner of business at Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects. The company mentioned above doesn’t hold relevant interest in the Company’s capital, neither is controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Daniela holds a degree in civil engineering from Mackenzie School of Engineering, graduate studies in Production Engineering from Vanzolini Foundation- USP and an MBA in Finance from IBMEC/SP.

Alexandre Millen Grzegorzewski Operations Officer April 22, 2015

Mr. Grzegorzewski is currently our chief operating officer, in charge of Rio de Janeiro and Minas Gerais regions. Over the last years, Mr. Grzegorzewski held the following positions (i) regional officer in charge of P&L of Rio de Janeiro region of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects; and (ii) chief operating officer of the Company. The company mentioned above doesn’t hold relevant interest in the Company’s capital, neither is controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Alexandre holds a degree in civil engineering from the Polytechnic School of the University of São Paulo, with specialization in business administration and project management from University of Berkeley at California, with 20-year experience in the construction and real estate development segments.

Rodrigo Fernandes Hissa Operations Officer April 22, 2015

Currently, Mr. Hissa is our chief operating officer, in charge of the Northeast region. Over the last years, Mr. Hissa held the following positions (i) group building sites manager of Gafisa S.A., a publicly-held company whose main activity consists of the construction and the development of real estate projects; and (ii) manager for groups I to II for the building sites, regional building sites manager and development manager of the Company. He also worked at Caltech Engenharia Ltda., a real estate and construction company for the high standard segment. None of the companies mentioned above hold relevant interest in the Company’s capital, neither they are controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Mr. Hissa has 14 years in experience inside the construction and real estate market, holds a degree in civil engineering from University of Fortaleza – UNIFOR, with specialization in civil construction from Federal University of Ceará and currently he is studying MBA in real estate business management from Getúlio Vargas Foundation.

Ricardo Couto de Prada Operations Officer December 1, 2015

Mr. Prada is currently our chief operating officer, in charge of the South region. Over the last years, Mr. Prado held the following positions (i) our planning manager and financial controller and regional business manager of Rio de Janeiro, regional manager of Rio Grande do Sul; (ii) project manager of Estruturadora Brasileira de Projetos S.A., an entity that, with the authorization of the Public Ministry, coordinates and integrates activities related to studies for structuring concessions and public-private partnerships to be auctioned by the state entity; and (iii) development manager of Cyrela Brasil Realty S.A. – RJZ Cyrela, a publicly-held company whose main activity consists of the construction and the development of real estate projects. Cyrela Brasil Realty S.A. – RJZ Cyrela is the Company’s competitor, but does not compose the same economic group. None of the companies mentioned above hold relevant interest in the Company’s capital, they are neither controlled by Company’s shareholder holding direct or indirect interest, corresponding to or exceeding 5% of same class or type of security of the Company, nor compose its economic group. Ricardo holds a degree in production engineering from Federal University of Rio de Janeiro (UFRJ) and an MBA in business management from IBMEC-RJ.

Vinicius Faraj Operations Officer February 20, 2018

Mr. Faraj is currently our chief operating officer, in charge by Tenda’s construction sites. Entered the company in 2013, holding positions such as construction site manager, supply and maintenance manager and regional construction site manager. Previously worked at Gafisa S/A. Mr. Faraj holds a bachelor degree in civil engineering from São Paulo University (USP) and an MBA in business management with financial emphasis from FGV – EAESP.