Oi S A : Excerpt of Item (1) of the 241st Meeting of the Board of Directors Held on December 18, 2019 (294 Kb)
December 23, 2019 at 11:01 am EST
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Oi S.A. - In Judicial
Reorganization
Corporate Taxpayer's Registry
(CNPJ/MF) No.
76.535.764/0001-43
Board of Trade (NIRE) No.
33.3.0029520-8
Publicly-Held Company
EXCERPT OF ITEM (1) OF THE MINUTE OF THE 241st BOARD OF
DIRECTORS MEETING HELD
ON DECEMBER 18, 2019
As Secretary of the Meeting of the Board of Directors, I hereby CERTIFY that item (1) of the Minute of the 241st Meeting of the Board of Directors of Oi S.A. - In Judicial Reorganization held on December 18, 2019, at 4:00 p.m., in the form of the 1st paragraph of the 9th article of the Company's Bylaws, read as follows:
"With respect to item I - Bridge Loan contained in the 240th Minute of the Board of Directors' Meeting, held on December 10, 2019, the Board of Directors unanimously agreed upon the re-ratification, expressly authorizing the Board of Executive Officers to conclude the negotiations aiming to obtain a loan not subject to bankruptcy rules (extraconcursal), as well as to sign any and all documents necessary for its best implementation. The other provisions contained in the resolution that do not conflict with the present one are ratified."
All members of the Board of Directors were present at the meeting and affixed their signatures: Mr. Eleazar de Carvalho Filho (Chairman of the Board), Mr. Marcos Grodetzky (Vice- Chairman), Mr. José Mauro M. Carneiro da Cunha, Mr. Marcos Bastos Rocha, Ms. Maria Helena dos Santos F. Santana, Mr. Roger Solé Rafols, Mr. Henrique José Fernandes Luz, Mr. Paulino do Rego Barros Jr. and Mr. Wallim C. de Vasconcellos Junior.
Rio de Janeiro, December 18, 2019.
Luciene Sherique Antaki
Secretary
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Oi SA em Recuperação Judicial published this content on 23 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2019 16:00:04 UTC
Oi SA em Recuperacao Judicial, formerly Oi S.A., is an integrated telecommunications service provider in Brazil. The Company is a switched fixed-line telephony services (STFC) concessionaire. It is engaged in the provision of STFC as a local and intraregional long-distance carrier. Its segments include Residential Services, Personal Mobility, and SMEs/Corporate. It offers a range of integrated telecommunications services that include fixed and mobile, broadband, pay television (TV), data transmission and Internet provider services. The Company's Residential Services segment is focused on the sale of fixed telephony services, including voice services, data communication services (broadband), and pay TV. The Personal Mobility segment is focused on the sale of mobile telephony services to subscription and prepaid customers, and mobile broadband customer. The SMEs/Corporate segment includes corporate solutions offered to its small, medium-sized, and large corporate customers.
OI S.A. 