Bracell is a member of Royal Golden Eagle (RGE), a conglomerate of biological resource-based manufacturing and energy companies with global operations. As a closely held company, we are not listed on any stock exchange.

RGE has an Executive Management Board comprised of strategic executives, while each business unit has its own leadership structure, with CEOs, management teams and boards of directors.

Executives on the RGE Executive Management Board are appointed to monitor and oversee specific roles in business units, ensuring strategic alignment and management support. In addition, executives from different business units report quarterly to the RGE Executive Management Board to present results and discuss corporate matters.

The highest governance body for sustainability is the Sustainability Steering Committee, which is responsible for:

• Monitoring sustainability performance
• Oversight of environmental, social and governance practices (see GRI 2-18).

Members are selected on the basis of technical expertise, skills and strategic competences, guaranteeing high-quality decision-making in line with the company’s sustainability principles.

The Sustainability Steering Committee receives advisory support from Bracell’s senior operational management, composed of the heads of forestry operations, mill operations, logistics, legal affairs, internal audit, corporate relations and human resources, as well as the Sustainability VP. This structure enables a comprehensive analysis of environmental, social and governance risks and impacts (see GRI 2-17).

In addition, Bracell has a Crisis Committee that is convened to manage unexpected events and emergencies, ensuring rapid, coordinated responses to mitigate impacts on operations and stakeholders (Read more under disclosure GRI 2-16).

Oversight and transparency

Bracell’s CEO and senior management regularly report to the RGE Executive Board, ensuring continuous oversight of our strategic planning and sustainability strategy and full transparency and alignment with corporate goals. (Read more under GRI 2-18).

Composition of the Sustainability Steering Committee

President
Praveen Singhavi (See GRI 2-11)

President and COO
Jairo Andreis Lorenzatto

Chief Institutional Affairs Officer
Julio Cesar Gama de Almeida

Industrial Operations Officer – São Paulo
Guilherme Araújo

Head of Forestry Operations
Mauro Quirino

Managing Director – Bahia
Rudine Antes

Managing Director – Bracell Papéis
Eduardo Aron

The Committee comprises seven members, all male and all holding executive positions. There are no independent or advisory members on our governance bodies or committees.

Bracell’s senior executives have permanent roles, although the composition of the board and the Sustainability Steering Committee may change with business strategy.

Regarding direct stakeholder representation on the Sustainability Steering Committee, there are no governance bodies dedicated to specific stakeholder groups. The interests of priority stakeholders—such as direct employees, local communities, financial institutions, forestry partners, suppliers and other priority groups—are addressed directly by the relevant executive, who reports directly to the Managing Director of each operation.

Find out more about the responsibilities, competencies and expertise of the members of the Sustainability Steering Committee under GRI 2-17.