Totvs : Resignation of Executive Officer - Notice to the Market
January 28, 2019 at 09:24 pm EST
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Atendimento às disposições da Instrução CVM nº 358/02 (Art. 12)
TOTVS S.A.
Publicly-Held Company
Corporate Taxpayer's ID (CNPJ/MF): 53.113.791/0001-22
Company Registry (NIRE): 35.300.153.171
NOTICE TO THE MARKET
TOTVS S.A. (B3: TOTS3) ("Company"), pursuant to CVM Instruction 358/2002 and article 26 of Novo Mercado Regulations, hereby informs its shareholders and the market in general that on this date Weber George Canova tendered his resignation as Technology and Cloud Vice-President. Given that, the position occupied by Mr. Weber already reported to the Vice-Presidency of Platforms, occupied by Mr. Gustavo Dutra Bastos, the position of Technology and Cloud Vice-President will be extinct and the Technology and Cloud areas will be under the direct leadership of Mr. Gustavo Dutra Bastos.
The Company is grateful for the contribution and dedication of Mr. Weber throughout his career at TOTVS, wishing him success in his new professional challenges.
TOTVS SA published this content on 28 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 January 2019 02:23:09 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.