TOTVS

Investor Relations

Overview

The Company has adopted the “Code of Best Corporate Governance Practices” developed by the Brazilian Institute of Corporate Governance – IBGC, to affirm the good governance practices, marketing, professional ethics and business.
Some practices adopted by the Company based in IBGC Code are:

  • Creation of the Code of Ethics and Conduct with adhesion of 100% of employees;
  • Adoption of specific policies of Disclosure of Relevant Information and Trading Securities;
  • Adoption of Specific policies for Internal Controls, Risks and Compliance;
  • Adoption of specific Policy on Related Parties Transactions and of Preparation and Publication of Standards;
  • The Company has a Board of Directors (with 86% of independent members), Audit Committee, Personnel and Compensation Committee, Strategy Committee and Governance and Nomination Committee;
  • The Company has an Internal Control, Risks and Compliance Office;
  • The Company has an Internal Audit, with report to the Audit Committee;
  • The Company is listed in the “Novo Mercado”, the highest level of corporate governance for companies listed on Brasil, Bolsa, Balcão – B3, and adopts practices that exceed requirements of legislation with respect to corporate governance and the rights of shareholders, according to the “Novo Mercado Listing Rules”.
Last updated on July 28, 2020
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