Management – CTG Brasil

Zhang Liyi took over as CEO of CTG Brasil in July 2022, also accumulating the position of Vice President of Business Development, Strategy, Innovation and Performance at CTG Brasil, which he has held since February 2022. He has 16 years of experience in Planning Control, Strategic Development and M&A. He worked in the China Three Gorges Corporation and CTG International, holding the positions of Director in M&A department and Deputy Chief Engineering of CTG International, as well as Deputy Financial Director at EDP Renováveis. He holds a master’s degree in Finance from London School of Economics and Political Science (LSE) and a PhD degree in Engineering from University of Chinese Academy of Sciences (UCAS).

Silvio Scucuglia has been Vice President of Finance and Investor Relations at CTG Brasil since July 2022. Scucuglia has been working in the electricity sector for over 20 years and has accumulated experience in Financial Planning, Controllership, Business Development and Strategy. At CTG Brasil since 2014, with the last position as Director of Strategy and Business Performance, the executive played a key role in the areas of Strategic Investments, Strategy and Business Performance, as well as Innovation. He is a business administrator from the Metropolitan University of Santos, has a master’s degree in Energy Systems Planning from the State University of Campinas (Unicamp), specialization in Controllership and Mergers and Acquisitions from Fundação Getúlio Vargas (FGV), specialization in Strategic Innovation from HSM Educação and MBA in Business Management from Fundação Instituto de Administração (FIA).

Vice president of Renewables and Commercialization of CTG Brasil. With 36 years of experience in the electricity sector, he previously worked for Cemig and Light. At Cemig, he went through several leading positions in the generation and transmission segments, reaching the position of Commercial Director. At Light, he was the Energy Director and the Business Development Director. He is graduated in Civil Engineering (UFMG), has a master’s degree in Water Resources Engineering (COPPE/UFRJ) and a MBA in Business Management (Fundação Getúlio Vargas – FGV).

Engenheiro, graduado em Engenharia Elétrica pela Universidade Federal de Uberlândia em 1988, com MBA em Gestão de Negócios pelo IBMEC e treinamentos na FDC e INSEAD. Possui larga experiência no setor elétrico, tendo trabalhado na CEMIG por mais de 30 anos, onde ocupou diversos cargos de liderança, entre eles de gerente de operação e manutenção de usinas hidrelétricas, superintendente de implantação e gestão operacional de subsidiárias integrais e empreendimentos em participação, diretor estatutário de subsidiárias integrais de geração e de conselheiro de administração da Holding Cemig. Participou da construção, montagem e comissionamento de usinas hidrelétricas e foi responsável pela operação e manutenção de diversos ativos de geração da CEMIG. Liderou vários projetos relacionados ao negócio geração e foi membro de diversos comitês da CEMIG, entre eles o de eficiência operacional e o de comercialização de energia. Não esteve sujeito, nos últimos cinco anos, a qualquer condenação criminal, ou à condenação em processo administrativo da CVM e as penas aplicáveis, ou, todavia, a qualquer condenação transitada em julgado, na esfera judicial ou administrativa, que o tenha suspendido ou inabilitado para a prática de atividade profissional ou comercial qualquer, e declara que não é considerado pessoa exposta politicamente, nos termos da Resolução da CVM nº 50, de 31 de agosto de 2021.*

Sr. Zhang trabalhou como vice-presidente da China Three Gorges South Asia Investment Limited (C-SAIL) e CEO da Usina Hidrelétrica de Kohala por vários anos. Ele também tem vasta experiência como Gerente de Contratos e Gerente de Projetos em Usinas Hidroelétricas na Europa. Sua carreira se iniciou em 1997. Ele é graduado em Construção Hidrelétrica e em Administração pela Universidade de Hohai, China. Não esteve sujeito, nos últimos cinco anos, a qualquer condenação criminal, ou à condenação em processo administrativo da CVM e as penas aplicáveis, ou, todavia, a qualquer condenação transitada em julgado, na esfera judicial ou administrativa, que o tenha suspendido ou inabilitado para a prática de atividade profissional ou comercial qualquer, e declara que não é considerado pessoa exposta politicamente, nos termos da Resolução da CVM nº 50, de 31 de agosto de 2021.

Mr. Gao Peng graduated from Wuhan University with a master’s degree in hydraulic structure engineering. He is a senior engineer of CTG and joined the company, after his graduation, in 2006. In the last 16 years, served as chairman, vice president and many other relevant roles at CTG and its subsidiaries. Mr. Gao started his career with CTG headquarters and then became the vice president of CTG Construction Engineering Corporation in 2021. During this period, he was mainly in charge of business development, technical management and corporate governance. He presided over and participated in the engineering management of many acknowledged projects, such as Xiangjiaba Hydropower Station in China and Kohala Hydropower Station in Pakistan Before his new assignment at CTG Brasil, he was the vice president of CTGI and mainly responsible for greenfield project development and construction, scientific and technical management.

Mr. Zhang holds an education background in both Finance and Engineering, with a Msc degree from The London School of Economics and Political Science (LSE) and a PhD from the University of Chinese Academy of Science. He has 16 years of experience in Planning Control, Strategic Development and M&A. Mr. Zhang has been working for CTG since 2012, serving different relevant positions at the group and its subsidiaries. Currently, he holds the position of Deputy Chief Engineering at CTGI.

Mr. Calfat holds a degree in business administration from Fundação Getúlio Vargas (FGV), earned in 1974. He was the CEO of Votorantim S.A. and the Chairman of the Board of Directors of Votorantim S.A. from 2014 to 2019 and has been the chairman of the board of directors of Aché Laboratórios Farmacêuticos since September 2018; Additionally, he has been an independent member of the board of directors of Duratex S.A. since 2015,and acted as independent member the board of directors of Embraer S.A. since April 2017. Currently is the vice-chairman of board of directors, the coordinator of strategy committee and a member of audit, risk and ethics committee. He also has been an independent member of the advisory board and board of directors of China Three Gorges Brasil since January 2021. He is a senior advisor at RGE Pte Ltd (Singapore), Macquarie Serviços Agricolas Participações Ltda and Bracell SP Cellulose Ltda and he was a member of the board of directors of Hospital Sírio-Libanês from 2015 to 2020.

Mrs. Lacerda has a financial background, as an investment banker for 25 years in financial institutions such as UBS, Merrill Lynch, Deutsche Bank, and Bear Stearns. She worked in capital markets, credit, and mergers and acquisitions and, currently, serves as an independent board member of Rumo Logística, Hypera Pharma, IHS Towers (IHS) and Sempre FEA. She is also the audit committee coordinator at Rumo Logística, Hypera Pharma and a member of Health, Safety and Environment Committee at IHS Towers (IHS).

Mr. Zhang worked as Vice President of China Three Gorges South Asia Investment Limited (C-SAIL) and CEO of Kohala Hydropower Plant for several years. He also has extensive experience as a Contract Manager and Project Manager in Hydropower Plants in Europe. His career began in 1997. He has a degree in Hydropower Construction and in Business Administration from Hohai University, China. He has not been subject, in the last five years, to any criminal conviction, or conviction in a CVM administrative proceeding and the applicable penalties, or, however, to any final conviction, in the judicial or administrative sphere, that has suspended or disabled him from practicing any professional or commercial activity, and declares that he is not considered a politically exposed person, under the terms of CVM Resolution No. 50, of August 31, 2021.

Graduado em Contabilidade pela China University of Petroleum e possui MBA pela FIA Business School. Sua carreira teve início na China International Water & Electric Corporation (CWE) e na CTG International em 1997. O Sr. Junjie ocupou o cargo de CFO em uma filial regional da CWE. Atualmente, é responsável pelas áreas de Finanças Corporativas, Controladoria e Centro de Serviços Compartilhados da Companhia e trabalha na empresa desde outubro de 2014.O Sr. Junjie não esteve sujeito, nos últimos cinco anos, a qualquer condenação criminal, ou à condenação em processo administrativo da CVM e as penas aplicáveis, ou, todavia, a qualquer condenação transitada em julgado, na esfera judicial ou administrativa, que o tenha suspendido ou inabilitado para a prática de atividade profissional ou comercial qualquer, e declara que não é considerado pessoa exposta politicamente, nos termos da Resolução da CVM nº 50, de 31 de agosto de 2021.*

Mrs. Lacerda has a financial background, as an investment banker for 25 years in financial institutions such as UBS, Merrill Lynch, Deutsche Bank, and Bear Stearns. She worked in capital markets, credit, and mergers and acquisitions and, currently, serves as an independent board member of Rumo Logística, Hypera Pharma, IHS Towers (IHS) and Sempre FEA. She is also the audit committee coordinator at Rumo Logística, Hypera Pharma and a member of Health, Safety and Environment Committee at IHS Towers (IHS).

Mr. Calfat holds a degree in business administration from Fundação Getúlio Vargas (FGV), earned in 1974. He was the CEO of Votorantim S.A. and the Chairman of the Board of Directors of Votorantim S.A. from 2014 to 2019 and has been the chairman of the board of directors of Aché Laboratórios Farmacêuticos since September 2018; Additionally, he has been an independent member of the board of directors of Duratex S.A. since 2015,and acted as independent member the board of directors of Embraer S.A. since April 2017. Currently is the vice-chairman of board of directors, the coordinator of strategy committee and a member of audit, risk and ethics committee. He also has been an independent member of the advisory board and board of directors of China Three Gorges Brasil since January 2021. He is a senior advisor at RGE Pte Ltd (Singapore), Macquarie Serviços Agricolas Participações Ltda and Bracell SP Cellulose Ltda and he was a member of the board of directors of Hospital Sírio-Libanês from 2015 to 2020.

She has a degree in Accounting Sciences and Business Administration with several improvement courses in accounting, auditing, finance, business management, internal controls and business evaluation. She is senior advisor and consultant with 40 years of experience in accounting, financial reporting, corporate governance, internal and external financial reporting, internal controls, compliance with internal policies, compliance with laws and regulations, risk governance and international accounting. She has acted as an auditing and consulting partner, coordinating services to large multinational companies, large Brazilian business groups, publicly traded companies in Brazil and companies listed on the SEC, in various sectors, such as media and entertainment, airlines, telecommunications, industry, retail and commerce, services, health, among others. She is currently a member of the Statutory Compliance and Audit Committee of Braskem S.A., member of the Audit Committee of Tecnisa S.A., member of the Fiscal Council of Associação Umane, member of the Advisory Board of CARLAB of Rutgers University and member of the Fiscal Council of the Brazilian Confederation of Rugby. She additionally provides independent consulting services in the areas of corporate governance and compliance for large companies, structuring of committees within the Board, preparation for diligences in mergers and acquisitions and IPO, certification of controls and professionalization of the management of family businesses. She has spent nearly 30 years in independent auditing, has led audits of financial statements for local and international purposes, and has conducted large and complex consulting engagements, including IPOs, mergers, acquisitions and post transaction integration of companies, debt restructurings and judicial reorganizations. She has experience in the areas of accounting and financial statements, corporate financial reporting, compliance with capital market laws and regulations, financial planning, business valuation, risk management, internal and external auditing and she masters the Brazilian and international regulatory framework of the auditing profession, as well as familiarity with global best corporate governance practices.

Mr. Wang holds a bachelor’s degree of Engineering and currently is a senior engineer at CTG.
After joining China International Water & Electric Corporation (CWE) in 1995, he was mainly responsible for the engineering management of several projects in Pakistan and Macedonia. In 2009, Mr. Wang Shenliang formally joined CTG due to the merger of CWE into CTG. Then he worked for Three Gorges First Wind Farm Pakistan (Pvt.) Limited, as general manager. From 2020 to 2021, he also served as Human Resources Executive Officer at CTGI.

Mr. Calfat holds a degree in business administration from Fundação Getúlio Vargas (FGV), earned in 1974. He was the CEO of Votorantim S.A. and the Chairman of the Board of Directors of Votorantim S.A. from 2014 to 2019 and has been the chairman of the board of directors of Aché Laboratórios Farmacêuticos since September 2018; Additionally, he has been an independent member of the board of directors of Duratex S.A. since 2015,and acted as independent member the board of directors of Embraer S.A. since April 2017. Currently is the vice-chairman of board of directors, the coordinator of strategy committee and a member of audit, risk and ethics committee. He also has been an independent member of the advisory board and board of directors of China Three Gorges Brasil since January 2021. He is a senior advisor at RGE Pte Ltd (Singapore), Macquarie Serviços Agricolas Participações Ltda and Bracell SP Cellulose Ltda and he was a member of the board of directors of Hospital Sírio-Libanês from 2015 to 2020.

Ms. Botelho has 35 years of experience in the environmental and sustainability field. She is an Environment and Sustainability Consultant at B2 Consultoria Ambiental and is currently an external member of the People and ESG Committee at Embraer S.A. and the AMBEV Committee.

Graduado em Contabilidade pela China University of Petroleum e possui MBA pela FIA Business School. Sua carreira teve início na China International Water & Electric Corporation (CWE) e na CTG International em 1997. O Sr. Junjie ocupou o cargo de CFO em uma filial regional da CWE. Atualmente, é responsável pelas áreas de Finanças Corporativas, Controladoria e Centro de Serviços Compartilhados da Companhia e trabalha na empresa desde outubro de 2014.O Sr. Junjie não esteve sujeito, nos últimos cinco anos, a qualquer condenação criminal, ou à condenação em processo administrativo da CVM e as penas aplicáveis, ou, todavia, a qualquer condenação transitada em julgado, na esfera judicial ou administrativa, que o tenha suspendido ou inabilitado para a prática de atividade profissional ou comercial qualquer, e declara que não é considerado pessoa exposta politicamente, nos termos da Resolução da CVM nº 50, de 31 de agosto de 2021.