Committees

Currently, Pague Menos has six (6) committees that support the Board of Directors and discuss the main issues from time to time, contributing to the strengthening of good corporate governance and management practices. Besides the committees, the Company also has regulations for the Internal Audit and Board of Directors. Find below the regulations.

Audit Committee

This “Internal Regulation of the Audit Committee” (“Internal Regulation”), approved at a meeting of the Empreendimento Pague Menos S.A.’s Board of Directors (“Pague Menos” or “Company”), aims to regulate the operations of the Company’s Audit Committee (“Committee”) and its relationship with its other corporate bodies of the Company and define its responsibilities and duties.

To know more about the Audit Committee’s Regulation, click here (Portuguese only).

Conduct and Ethics Committee

It set out standards for the operations of the Empreendimentos Pague Menos S/A’s Conduct and Ethics Committee (“Pague Menos” or “Company”).

To know more about the Conduct and Ethics Committee’s Regulation, click here (Portuguese only).

Strategy Committee

This “Internal Regulation of the Strategy Committee” (“Internal Regulation”), approved at a meeting of the Empreendimento Pague Menos S.A.’s Board of Directors (“Pague Menos” or “Company”), aims to regulate the operations of the Company’s Strategy Committee (“Committee”) and its relationship with its other corporate bodies of the Company and define its responsibilities and duties.

To know more about the Strategy Committee’s Regulation, click here (Portuguese only).

People and Culture Committee

This “Internal Regulation of the People and Culture Committee” (“Internal Regulation”), approved at a meeting of the Empreendimento Pague Menos S.A.’s Board of Directors (“Pague Menos” or “Company”), aims to regulate the operations of the Company’s People and Culture Committee (“Committee”) and its relationship with its other corporate bodies of the Company and define its responsibilities and duties.

To know more about the People and Culture Committee’s Regulation, click here (Portuguese only).

Related-Party Committee

This “Internal Regulation of the Related-Party Committee” (“Internal Regulation”), approved at a meeting of the Empreendimentos Pague Menos S.A.’s Board of Directors (“Company”), aims to regulate the operations of the related-party committee permanently under the terms of the Bylaws (“Committee”), defining the procedures to be agreed by the Committee and ensuring that:
a) the Company’s decisions are made in the Company’s best interest;
b) there is transparency for shareholders, investors and the market in general; and
c) there is fair treatment with suppliers and customers, according to the best corporate governance practices.

To know more about the Related-Party Committee’s Regulation, click here (Portuguese only).

Real Estate Committee

This “Internal Regulation of the Real Estate Committee” (“Internal Regulation”), approved at a meeting of the Empreendimento Pague Menos S.A.’s Board of Directors (“Pague Menos” or “Company”), aims to regulate the operations of the Company’s Real Estate Committee (“Committee”) and its relationship with its other corporate bodies of the Company and define its responsibilities and duties.

To know more about the Real Estate Committee’s Regulation, click here (Portuguese only).

Internal Audit

The purpose of the Internal Audit department is to assist Empreendimentos Pague Menos S.A. (“Company”) in achieving its goals, adopting a systemic and regulated approach for assessment of quality and effectiveness of the internal control processes, risk management, corporate governance, standardization and management of the reporting channel, adding value and improvement to the Company’s operations and results.

To know more about the Internal Audit Regulation, click here (Portuguese only).

Board of Directors’ Regulations

This “Internal Regulation of the Board of Directors” (“Internal Regulation”), approved at a meeting of the Empreendimento Pague Menos S.A.’s Board of Directors (“Company”), aims to regulate the operations of the Company’s Board of Directors (“Board of Directors”) and its relationship with its other corporate bodies of the Company and define its responsibilities and duties.

To know more about the Board of Directors’ Regulation, click here (Portuguese only).