Following the sale by Horizon Investment Holdings of approximately 10% of its stake in Verallia to Brasil Warrant Administração de Bens e Empresas S.A. (BWSA), the Verallia Board of Directors acknowledged the resignation of Claudia Scarico as member of the Verallia Board of Directors and member of the Audit Committee on 17 December 2020. The Board of Directors then decided the co-option of BW Gestão de Investimentos Ltda. (BWGI), represented by João Salles, in order to replace Claudia Scarico. This co-option shall be subject to the ratification of the Verallia Annual General Meeting on 15 June 2021. The Board of Directors also acknowledged João Salles' replacement by Marcia Freitas as permanent representative of BWSA, already a member of the Board of Directors. BWGI, represented by João Salles, will replace BWSA as member of the Nomination and Compensation Committee while BWSA, represented by Marcia Freitas, will replace Claudia Scarico as a member of the Audit Committee. Lastly, the Board of Directors acknowledged the resignation of Fabrice Nottin from the role of Observer on the Board of Directors. This position will be filled by Claudia Scarico, for a four-year mandate. On February 3rd 2021, Sylvain Artigau resigned from his role as employee representative of the Board of Directors.