Totvs : Changes in the Board of Directors - Notice to the Market
August 09, 2019 at 05:21 pm EDT
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TOTVS S.A.
Publicly Held Company
Corporate Taxpayer ID (CNPJ/ME): 53.113.791/0001-22
Company Registry (NIRE): 35.300.153.171
NOTICE TO THE MARKET
TOTVS S.A. (B3: TOTS3) ("TOTVS" or "Company") hereby informs its shareholders and the market of the election of Ms. Sylvia de Souza Leão Wanderley, in accordance with article 150 of Federal Law 6,404/76, as amended, for the position of independent member of the Board of Directors at an extraordinary meeting of the Board of Directors held on this date, with term of office until the next Annual Shareholders Meeting of the Company. Ms. Sylvia de Souza Leão Wanderley was elected to replace Mr. Wolney Edirley Gonçalves Betiol, who tendered his resignation on this date.
Ms. Sylvia Wanderley holds a bachelor's degree in social communication and an Executive MBA in administration from COPPEAD-UFRJ, she has over 30 years of experience in the retail sector, having worked for Walmart Brasil, Grupo Pão de Açúcar and Carrefour, where she was Vice President in the areas of Marketing, Sales, Operations and Human Resources. She was also Vice President of Marketing and Innovation at BRF. Currently, she is a member of the board of directors of Sodimac Brasil, a company Falabella Group, and of Mendelics.
The Company thanks Mr. Betiol for his tremendous contribution and dedication during the time he served on the board of directors.
São Paulo, August 9, 2019
Gilsomar Maia Sebastião
Chief Administrative, Financial and Investor Relations Officer
TOTVS SA published this content on 09 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2019 21:20:04 UTC
Totvs SA is a Brazil-based company engaged in the information technology (IT) sector. The Company focuses on developing integrated management software solutions, collaboration and productivity platforms, as well as on consulting services. The Company mainly provides enterprise resource planning (ERP) applications, which electronically integrate the strategic and operational levels of a user company. It offers ERP software in various areas, such as administration, education, finance, industrial, human resources, customer service and logistics. The Company operates in Brazil, Argentina, Colombia, Mexico, Portugal and the United States, among others. It controls a number of subsidiaries, including Solucoes em Software e Servicos TTS Ltda, Datasul Argentina SA and Neolog Consultoria e Sistemas SA.