M - Estácio

Minutes
M
s of the Board of Direc
ctors Meeting held
h
on
n april 30, 2014
1. Date, time and Venu
ue: April 30,, 2014, at 4 p.m., at the
e Company’s headquartters, located
d at Avenida
a
Embaixador
E
A
Abelardo Bueno, 199, sa
ala 601, Barra
a da Tijuca, in the city an
nd state of Riio de Janeiro
o.
2.
2 Attendance: Mr. Edua
ardo Alcalay, Alexandre G
hagen, João Baptista de Carvalho Atthayde, João
o
G. H. N. Hoh
Cox
C Neto, Ma
aurício Luis Luchetti, Ro
ogério Frota Melzi and Ronaldo
R
Iabru
udi dos Santtos Pereira, representing
g
all
a members o
of the Board of Directors
3.
3 Presiding
g Board: Mr. Eduardo Alc
calay (Chairm
man); Mr. Miiguel F. Pere
eira de Paulaa (Secretary).
4.
4 Agenda an
nd Resolutio
ons:
4.1.
4 By unanimous vote and
a without re
estrictions, th
he board me
embers
Elect,
E
by unanimous vote and withoutt restrictions, in accordan
nce with para
agraph 1 of A
Article 14 of the By-laws,,
Mr.
M EDUARD
DO ALCALA
AY, Brazilian, married, en
ntrepreneur, bearer of ide
entification caard n° 8.956
6.230, issued
d
by
b SSP/SP a
and inscribe
ed in the roll of individu
ual taxpayerrs (CPF/MF)) no. 148.0880.298-04, resident
r
and
d
domiciled
d
in tthe city of Sã
ão Paulo, sta
ate of São P
Paulo, with co
ommercial address at Avv. Brigadeiro
o Faria Lima,,
3.900,
3
7º andar, Itaim, São
S
Paulo-S
SP, as Chai rman of the
e Board of Directors
D
annd Mr. MAURÍCIO LUIS
S
LUCHETTI,
L
B
Brazilian, ma
arried, entrep
preneur, bea
arer of identiification card
d n° 10.521.5527, issued by SSP/SP,,
in
nscribed in the roll of individual tax
xpayers (CP
PF/MF) no 238.595.9852
-20, residennt and domic
ciled in São
o
Paulo/SP,
P
witth commercia
al address at Rua Hungrria nº 514, sa
ala 41, Jardim
m Europa; ass Co-Chairm
man.
4.2.
4 Reelect, by unanimo
ous vote and without resttrictions, in accordance
a
with
w paragraaph 2 of Artic
cle 19 of the
e
By-laws,
B
with
h a two-year term
t
of office
e, for the Ch ief Executive
e Officer position, Mr. RO
OGÉRIO FRO
OTA MELZI,,
Brazilian,
B
sing
gle, engineer, bearer of identification
i
n card nº 215
581101-X, iss
sued by SSP
P/SP, inscribed in the rolll
of
o individual taxpayers (C
CPF/MF) un
nder no 181..390.288-78;; for the Chief Financiall and Investor Relationss
Officer,
O
Mr. VIRGÍLIO DELOY CA
APOBIANCO
O GIBBON, Brazilian, married, eeconomist, , bearer off
id
dentification card nº 098
868987-0, is
ssued by IFP
P/RJ inscribed in the ro
oll of individuual taxpayerrs (CPF/MF))
under
u
no 047
7.659.437-55
5; for the Edu
ucation Officcer, Mr. MAR
RCOS DE OL
LIVEIRA LEM
MOS, Braziliian, married,,
economist,
e
bearer of iden
ntification ca
ard nº 05838
8539-4, issue
ed by IFP, and
a inscribedd in the roll of individuall
ta
axpayers (CPF/MF) under no 840.54
47.607-59; a
and, as Officers with no
o specific dessignations Srs.
S MIGUEL
L
FILISBINO
F
P
PEREIRA DE
E PAULA, Brazilian, marrried, busines
ss, bearer off identificatioon card no. 5014147556,
5
,
is
ssued by S
SSP/RS, insscribed in th
he roll of i ndividual ta
axpayers (CP
PF/MF) undder no 315..491.100-63;;
GILBERTO
G
T
TEIXEIRA DE CASTRO, Brazilian, m
married, engineer, bearerr of identificaation card no
o. 05220572-1, issued by IFP/RJ and
d inscribed in the roll off individual taxpayers
t
(C
CPF/MF) undder no. 811..824.657-49;;
JOÃO
J
LUIS TENREIRO BARROSO, Brazilian, m
married, economist, bearrer of identiffication card 042917518,,
is
ssued by SE
ESP/RJ, insccribed in the
e roll of indivvidual taxpa
ayers no. 506.464.277-688; and PEDRO JORGE
E
GUTERRES
G
QUINTANS
S GRAÇA, Portuguese , married, IT
I analyst, bearer of iidentification
n card RNE
E
W464023-I,
W
isssued by DP
PMAF/SP, inscribed in th
he roll of individual taxpayers nº. 1222.750.708-93; all residentt
and
a domiciled
d in the city of
o Rio de Jan
neiro/RJ, witth commercia
al address att Av. Embaixxador Abelardo Bueno nºº
199, 6º andarr, Barra da Tijuca,
T
Rio de
e Janeiro/RJ , CEP 22775
5-040. During
g the office teerm, the boa
ard memberss
1
will
w be assign
n specific du
uties to each executive officer. Dec
clarations we
ere made thaat the electe
ed memberss
were
w
not prevvented from exercising the duties forr which they
y were reelec
cted. pursuaant to Article
e 147 of Law
w
6404/76
6
and shall take offfice upon sig
gning the resspective investiture instrument.
4.3.
4 Were appointed, on this
t
date, to fulfill the ma
andate until the
t Board of Directors firs
rst meeting held
h
after the
e
2016
2
Genera
al Shareholde
ers’ Meeting, to compose
e the: (i) People and Co
orporate Govvernance Committee: the
e
board
b
memb
bers Mr Mau
urício Luchettti, Coordina
ator; Mr. Joã
ão Baptista de Carvalhoo Athayde, João Cox e
Eduardo
E
Alca
alay and as a special guest,
g
and ssecretary, the
e Human Resources annd Services Officer Mr..
Miguel
M
Filisbino Pereira de
d Paula; (ii) Finance an d Audit Com
mmittee: the board
b
membbers, Mr. Joã
ão Cox Neto,,
Coordinator;
C
João Baptissta de Carvalho Athayde
e, Maurício Luchetti
L
and the former bboard memb
ber, Eduardo
o
Romeu
R
Ferra
az, as a exterrnal advisor and as a gue
est and secretary, the Chief Financiaal and Investtor Relationss
Officer,
O
Mr. Virgilio Delo
oy Capobian
nco Gibbon;; and (iii) Academic
A
Co
ommittee: thhe board members
m
Mr..
Eduardo
E
Alca
alay, Coordin
nator and Mr. Rogério F
Frota Melzi and the forme
er rector of U
Universidade
e Estácio de
e
Sá,
S Mrs. Pau
ula Caleffi, as a external advisor; The
mos, will act as a speciall
e Education Officer Mr. Marcos Lem
guest
g
and co
ommittee seccretary. Purs
suant to Articcle 16 of the
e Company’s
s Bylaws, thee Board of Directors
D
hass
th
he call to nom
minate third party-guests
s to its Adviso
ory Committe
ee.
4.4.
4 Approve, by unanimo
ous vote and
d without resstrictions, the
e annual glob
bal compenssation deliberated on the
e
shareholders
s
’ meeting he
eld on this da
ate, between
n the membe
ers of the Board, the mannagement an
nd the Fiscall
Council,
C
as presented by the People and
a Governa
ance committtee, in the exact terms aas the presen
ntation made
e
and
a that the o
one that will be filed on th
he Companyy’s headrquarrters.
4.5.
4 Approve,, by unanimo
ous vote and
d without resttrictions, the Act or Material Fact Discclosure Polic
cy of Estacio
o
Participações
P
s (policy) upd
dated version in orther to
o contemplate new guide
e lines that w
were introduc
ced by CVM
M
in
nstruction n°° 547/14. Th
he board me
embers auth
horized the board of executive officcers to adop
pt necessaryy
measures
m
to implement th
he policy.
minutes: Th
5.
5 Closure, drawing up
p and appro
oval of the m
here being no
n further maatters to add
dress, these
e
minutes w
were drawn up,
u read, found to be in ccompliance and
a signed by
b all attend ing Board members
m
and
d
the Secrettary.
This
T
is a free English tran
nslation of the
e original min
nutes drawn up in the Co
ompany’s reccords.
Rio de Ja
aneiro, April 30,
3 2014.
Ed
duardo Alcala
ay
Maurício Luis Luchetti
Ro
onaldo Iabrud
di dos Santoss Pereira
p. Eduardo Alcalay
João B
Baptista de Carvalho
C
Atha
ayde
João
o Cox Neto
Rogério Fro
ota Melzi
Alexandre G.
G H. N. Hohaagen
Miguel F. Pereira de
e Paula
Secretary
2