Vale informs results of independent examination
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Vale informs results of independent examination
Following press releases dated April 8¹ and 19², 2024, Vale informs that the examination of the conformity of works related to the current CEO’s succession has been completed. The analysis was performed independently by TozziniFreire Advogados, which verified the facts related to the aforementioned succession process, according to best practices, based on interviews, data and internal documents and other records until March 31, 2024.
TozziniFreire's conclusion, presented on this date to Vale's Board of Directors, was that the Company's governance was respected in compliance with the powers provided for in the Bylaws, policies and internal regulations regarding the procedures adopted for deliberations on the CEO's succession process. In relation to the aforementioned process and, therefore, the actions of the people involved in it, no evidence of acts performed in conflict of interest and/or of authorship of undue disclosure of Company information was identified.
¹With the title“Vale clarifies about press article”, available here.
²With the title “Vale clarifies on the resignation of a Board member”, available here.
To access the document, click here.
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