Corporate
Governance

Listed on BM&FBovespa's Novo Mercado, Multiplus adopts best practices in corporate governance

Multiplus uses the principles of transparency, equality, accountability and corporate responsibility in its administration according to the governance model proposed by the Brazilian Institute of Corporate Governance (IBGC). The company is part of the Novo Mercado, BM&FBovespa's highest level of governance.

Noteworthy among the good governance practices adopted are 100% tag-along, a Board of Directors chaired by an independent member, maintenance of 25% of capital in free float and suspension of voting by shareholders or administrators in the event of conflict of interests. Payment of upper management is based on market references and on the establishment of individual targets connected to the company's strategy.

Find out about the differences in Multiplus governance at clicking here.