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Companhia Energetica de Minas Gerais CEMIG (CIGc.N)

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Summary

Name Age Since Current Position

Jose Afonso Bicalho Beltrao da Silva

67 2015 Chairman of the Board

Mauro Borges Lemos

62 2016 Chief Executive Officer, Vice Chairman of the Board

Mateus de Moura Lima Gomes

38 2015 Deputy Chief Executive Officer

Fabiano Maia Pereira

39 2015 Chief Financial Officer, Director of Investor Relations

Cesar Vaz de Melo Fernandes

58 2015 Chief Business Development Officer, Member of the Executive Board

Raul Lycurgo Leite

42 2015 Chief Legal Officer

Ricardo Jose Charbel

57 2012 Chief Energy Distribution and Commercialization Officer, Member of the Executive Board

Evandro Leite Vasconcelos

59 2015 Chief Trading Officer, Member of the Executive Board

Marcio Lucio Serrano

66 2015 Chief Corporate Management Officer, Member of the Executive Board, Chief Officer for Human Relations and Resources

Franklin Moreira Goncalves

45 2015 Chief Energy Generation and Transmission Officer, Member of the Executive Board

Luis Fernando Paroli Santos

44 2016 Chief Institutional Relations and Communication Officer, Member of the Executive Board

Saulo Alves Pereira

45 Director

Marco Antonio de Rezende Teixeira

59 2015 Director

Ricardo Coutinho de Sena

68 2016 Director

Marcelo Gasparino da Silva

45 2016 Director

Victor Guilherme Tito

36 2016 Director

Jose Henrique Maia

74 2015 Director

Nelson Jose Hubner Moreira

62 2015 Director

Allan Kardec de Melo Ferreira

69 2015 Director

Helvecio Miranda Magalhaes

53 2015 Director

Jose Pais Rangel

75 2015 Director

Paulo Roberto Reckziegel Guedes

54 Director

Marco Antonio Soares da Cunha Castello Branco

55 2015 Director

Arcangelo Eustaquio Torres Queiroz

50 2009 Director

Aloisio Macario Ferreira de Souza

56 2016 Independent Director

Biographies

Name Description

Jose Afonso Bicalho Beltrao da Silva

Mr. Jose Afonso Bicalho Beltrao da Silva serves as the Chairman of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He served as the President of Credireal (Banco de Crédito Real de Minas Gerais) from 1994 to 1997, and of Bemge (Banco do Estado de Minas Gerais) from 1994 to 1998. He was Finance Secretary of the City of Belo Horizonte in 2006 to 2012. From March 2009 to July 2014 he was CEO of PBH Ativos S.A., and in 2013 and 2014 worked as advisor to the Development, Industry and Foreign Trade Ministry, and the Brazilian Development Bank (BNDES). He has a degree in economics from the Federal University of Minas Gerais (UFMG), a master's degree in Regional Economics from Cedeplar, the Regional Development and Planning Center of that university, and PhD in economics from Manchester University, England.

Mauro Borges Lemos

Mr. Mauro Borges Lemos serves as the Chief Executive Officer and Vice Chairman of the Board of Directors of Companhia Energetica De Minas Gerais - Cemig. He has been the Professor of Economics at the Federal University of Minas Gerais since 1980. He has been working with the Development, Industry and Foreign Trade Ministry since 2013 – serving as Minister from February 2014 to January 2015 – and was President of Brazil’s Industrial Development Agency (ABTI) from 2011 to 2014. He has a degree in economics from the Federal University of Minas Gerais, with a doctorate in economics from London University, and post-graduate studies at the University of Illinois, USA, and the University of Paris.

Mateus de Moura Lima Gomes

Mr. Mateus de Moura Lima Gomes serves as Deputy Chief Executive Officer of Companhia Energetica De Minas Gerais - Cemig since Jan 23, 2015. He has experience in the area of public law with emphasis on electoral, administrative and municipal law. He was the procurator-general of the municipal legislature of Belo Horizonte in 2012 and 2013. He is a member of the Minas Gerais Committee of the Brazilian Bar Association (OAB) in the 2010-12 cycle, and is a professor of PUC University of Minas Gerais and the Superior Advocacy College of the OAB Minas Gerais Chapter (in electoral law). He chairs the Electoral Law Committee of OAB/MG in the current period, 2013-15. He completed his law degree from the Pontifícia Universidade Católica (PUC) of Minas Gerais, in 2005, and subsequently earned a master's degree in public law from the same university, completing specialization in administrative law in 2008. He is currently doing a specialized course in tax law.

Fabiano Maia Pereira

Mr. Fabiano Maia Pereira serves as the Chief Financial Officer, Director of Investor Relations of Companhia Energetica De Minas Gerais - Cemig since Jan 23, 2015. Since 2003 Mr. Pereira has worked as a finance and control analyst in the Federal Treasury Department of the Finance Ministry, operating in the management of domestic and external public debt, and in development of federal programs based on credit transactions. He is also a member of the Audit Boards of BB Cartões S.A., BB Capitalização S.A. and BB DTVM S.A. He has a degree in economics from the Federal University of de Juiz de Fora, a master's degree in economics from the Federal University of Minas Gerais, and a doctorate in economics from the University of Brasília (UnB).

Cesar Vaz de Melo Fernandes

Mr. Cesar Vaz de Melo Fernandes serves as Chief Business Development Officer and Member of the Executive Board of Companhia Energetica Minas Gerais since Oct 9, 2015. He served as Member of the Board of Directors and of the Finance committee and HR of Light SA, member of the Board of Directors and of the Finance and Technical committee at Gasmig, member of the Board of Directors of Axxiom, member of the Board of Directors and the Finance Committee of the Madeira Energia-UHE Santo Antonio, member of the Board of Directors of Ativas Data Center S.A. He holds a degree in Electrical Engineering from Universidade Federal de Minas Gerais - UFMG.

Raul Lycurgo Leite

Mr. Raul Lycurgo Leite serves as Chief Legal Officer of Companhia Energetica De Minas Gerais - Cemig since Jan 23, 2015. He has worked as a Federal Attorney in the offices of the Brazilian National Procurator-General and Advocate-General since 2002. Since 2011 he has been a legal advisor to the Development, Industry and Foreign Trade Ministry. He also does work for the office of the Procurator-General of the National Land Transport Agency (ANTT). He was part of the 'task force' formed by the Procurator-General and Advocate-General to organize the Third Stage (Phase II) and the Second Stage (Phase I) of the program to award federal highway concessions, to combat pirate transport on interstate and international buses, and to put into effect the Pro-pass Brazil Program, which aims to put 98% of the interstate highway passenger lines out to competitive tender and create a propitious business environment for the High Speed Train. He is a sitting member of the Audit Boards of the Brazilian Industrial Development Agency (ABDI), the Brazilian Agency for Promotion of Exports and Investments (ApexBrasil), and Finame, and a substitute member of the Audit Board of the BNDES (National Development Bank). He has a degree in law from the Ensino Unificado School of Brasília (CEUB), with post-graduation in tax law and policy; a degree in Economic and Company Law from the Getúlio Vargas Foundation; and also a master's degree in International Law from the Washington College of Law at American University, Washington, DC.

Ricardo Jose Charbel

Mr. Ricardo Jose Charbel serves as Chief Energy Distribution and Commercialization Officer and Member of the Executive Board of Companhia Energetica de Minas Gerais CEMIG since November 23, 2012. Previously he was Cemig’s General Manager for Distribution and Expansion Planning, as well as Studies and Projects, in the period between 2010 and 2012. Moreover, he acted as a Manager and an Executive Coordination General Manager for the Light for Everyone (Luz Para Todos) distribution expansion program from 2007 to 2010. He was also Customer Relationship Manager, and Division Manager, from 1999 to 2007. He started his career with Cemig working as a Systems Analyst and Engineer from 1983 to 1990. Mr. Charbel has a degree in Electrical Engineering from Pontificia Universidade Catolica de Minas Gerais, and a degree in Electricity Distribution Maintenance and Operation Engineering from Universidade Presbiteriana Mackenzie de Sao Paulo. Moreover, he gained post graduate degrees in Data Processing at Universidade Federal de Minas Gerais (UFMG), and an Executive MBA from Ibmec.

Evandro Leite Vasconcelos

Mr. Evandro Leite Vasconcelos serves as Chief Trading Officer of Companhia Energetica De Minas Gerais - Cemig since Jan 23, 2015. Until 2014, he was the Chief Energy Officer of Light S.A., and also its chief New Business Development Officer. He worked at Cemig from 1983 to 2010, as manager of the Operational Hydro-meteorological Division and the Energy Planning Department. He was General Manager for Coordination of Generation and Transmission, General Manager for Generation, and General Manager for Generation and Transmission Planning and Operation. He was also Chief Generation Officer and CEO for Rosal Energia S.A., a wholly-owned subsidiary of Cemig. Currently he sits on the Boards of Directors of Renova Energia S.A., Light Esco Prestação de Serviços S.A. and Cepel. He has lectured in physics in the Pitágoras Learning System, and in hydrology to the civil engineering course of PUC University of Minas Gerais. He has a degree in civil engineering from the Federal University of Minas Gerais (UFMG), with MBA in business management from the Getúlio Vargas Foundation (FGV), and a master's degree in water resources engineering from the COPPE postgraduate school of Rio de Janeiro Federal University (UFRJ).

Marcio Lucio Serrano

Mr. Marcio Lucio Serrano serves as Chief Corporate Management Officer, Chief Officer for Human Relations and Resources and Member of the Executive Board of Companhia Energetica De Minas Gerais - Cemig. In the corporate sector, he has been Occupational Physician at Mineração Morro Velho (Anglo Gold Corporation); Technical Executive Manager in the Occupational Medicine Center of Belo Horizonte, and manager of the Occupational Health Programs for the Furniture Industry in the Minas Gerais State Industries’ Federation (Fiemg); founder and coordinator of the Occupational Health Department of Unimed Belo Horizonte; manager of the Sidertube Foundation, of the Vallourec group; Advisor on Health and Social Affairs to the Board of Directors of V&M; consultant to Vallourec & SumitomoTubos do Brasil; and coordinating occupational health physician at the Biocor Institute. He is a Member of the Brazilian Academy for Occupational Medicine. He holds degrees in natural history, biological sciences and medicine from the Federal University of Minas Gerais (UFMG).

Franklin Moreira Goncalves

Mr. Franklin Moreira Goncalves serves as Chief Energy Generation and Transmission Officer of Companhia Energetica De Minas Gerais - Cemig since Jan 23, 2015. In Cemig, Mr. Gonçalves has been a technical operational leader in the Cemig System Supervision and Control operation (in the Distribution senior management unit). He has been Energy Secretary of the National Federation of Urban Workers (FNU). Affiliated to the CUT union umbrella group, from 2003 to 2009, he was President of FNU-CUT from 2009, and director of the Electricity Workers’ Unions of Minas Gerais (Sindieletro-MG) from 1993 to 2014. He is also a member of the Board of Directors of Cemig, Cemig D and Cemig GT, the Board of Directors of Transmissora Brasileira de Energia (TBE), and a member of various councils: the Federal Renewable Energy Sources Council of the Brazil Maior plan; the State Energy Council of Minas Gerais; and the Minas Gerais State Science and Technology Council. He earned a degree in systems analysis from Newton Paiva Unicentro of Belo Horizonte, in 1996; and completed his MBA in Leadership and Management of State Companies through the FranklinCovey Business School/Coge Foundation, Rio de Janeiro, in 2013.

Luis Fernando Paroli Santos

Mr. Luis Fernando Paroli Santos serves as Chief Institutional Relations and Communication Officer and Member of the Executive Board of Companhia Energetica de Minas Gerais Cemig. He served as Chief Administrative Officer of Furnas Centrais Elétricas S.A. from 2008 to January 2016, and from January to March 2016 he has been Advisor on Corporate Communication to the CEO of Cemig. From 2011 to 2014 he was Vice-President of the COGE Foundation, and in November 2014 was elected President of the Foundation and Chair of the Governing Council, until December 2015. He has served on the Board of Directors of the following companies: May 12, 2010 to April 11, 2012: Retiro Baixo Energética S.A.; April 30, 2010 to March 29, 2012: Companhia Transleste de Transmissão; April 26, 2011 to March 29, 2012: Companhia Transirapé de Transmissão, Companhia Transudeste de Transmissão, Companhia de Transmissão Centroeste de Minas, and Companhia de Transmissão Furnas-Pimenta II. Since 2004 he has been proprietor and director of the Capoeira Grande Farm in Elói Mendes, Minas Gerais, handling its financial administration and fund management.

Saulo Alves Pereira

Mr. Saulo Alves Pereira Jr. serves as Member of the Board of Directors of Companhia Energetica de Minas Gerais CEMIG. He began his career as an intern in the Operations Center of Cemig in 1993. In 1995, he joined Construtel Projetos e Construcoes Ltda, as Engineer in planning and budget coordination of works, and in 1998 he took over as General Manager of its Business Unit in Bahia. In 2000, he joined the Andrade Gutierrez group Principal Manager of telecoms contracts for Construtora Andrade Gutierrez in Rio de Janeiro state. Since 2004, he has been Sales Director of Construtora Andrade Gutierrez, developing new business focused on the electricity sector. Since 2007, he has also worked in Andrade Gutierrez Concessoes actively participating in the group’s consolidation in the electricity sector. He has a degree in Electrical Engineering from Pontificia Universidade Catolica de Minas Gerais. He has also completed post graduate studies in Works and Services Budget Planning from the same university, and has a degree in Business Administration from Universidade Federal de Bahia and a Masters of Business Administration in Corporate Management from Fundacao Dom Cabral.

Marco Antonio de Rezende Teixeira

Mr. Marco Antonio de Rezende Teixeira serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. Since 1983 he has been a lawyer of Companhia Brasileira de Trens Urbanos. He was the General Attorney of Belo Horizonte City, from 1997 to 2012. Since 2012 Mr. Rezende Teixeira has been manager and partner of Rezende Teixeira Sociedade de Advogados. He has a law degree from Universidade Federal de Minas Gerais (UFMG).

Ricardo Coutinho de Sena

Mr. Ricardo Coutinho de Sena serves as Member of the Board of Directors of Companhia Energetica de Minas Gerais CEMIG. He worked at M. Roscoe SA in several posts, from 1972 to 1981. In 1981, he joined Andrade Gutierrez, where he was Head of the Budgets Department until 1993. From 1993, he was General Manager of the New Business Unit, managing an activity which consolidated its portfolio in public infrastructure services. Since 2000, he has been Chief Executive Officer of Andrade Gutierrez and also Member of its Board of Directors. He represents AGC on the Boards of Directors of CCR, Domino, Quiport and ABCR. He has a degree in Civil Engineering from Universidade Federal de Minas Gerais and completed post graduate studies in Financial Administration from Fundacao Getulio Vargas of Rio de Janeiro.

Marcelo Gasparino da Silva

Mr. Marcelo Gasparino da Silva serves as the Director of Companhia Energetica de Minas Gerais Cemig. He is a lawyer specializing in corporate tax law. He began his executive career in 2007 as Legal and Institutional Director of Celesc. He is the Coordinator of the Santa Catarina Chapter, Holder of Board Member Certification from, and a member of the Council of, IBCG (the Brazilian Corporate Governance Institute). He is Chair of the Board of Directors of Usiminas, and is a member of the Board of Directors of Bradespar and Eternit. He has served as a Member of the Boards of Directors of: Eletrobras, Celesc, AES Eletropaulo, Tecnisa and SC Gás, and as a member of the Audit Boards of Bradespar, AES Eletropaulo, AES Tietê and Renuka do Brasil. He is Coordinator of the Legal and Compliance Committee of Eternit. He is the spokesperson of the GGC (Corporate Governance Group). He hold a degree from ESAG, and MBA in Controllership, Auditing and Finance.

Victor Guilherme Tito

Mr. Victor Guilherme Tito serves as the Director of Companhia Energetica de Minas Gerais Cemig since May 2, 2016. He is currently the Head of the Equity Holdings Portfolio Management Department for the Brazilian Development Bank (BNDES). For the last five years he has been a manager at the BNDES.

Jose Henrique Maia

Mr. Jose Henrique Maia serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He began his career as an Assistant Works Engineer at Andrade Gutierrez, becoming a Chief Construction Engineer within a year, executing surfacing and earthmoving works for the former national highway authority DNER, and for the DER of São Paulo State. Later he worked on implementation of the infrastructure of the Camaçari Petrochemicals Complex in Bahia, with responsibility for several works including the Security Dam. He coordinated the Andrade Gutierrez infrastructure teams in construction of the Açominas steelworks, including responsibility for 100 million cubic meters of earthmoving. Appointed Technical General Manager, he managed teams responsible for planning and budgeting numerous tender bids, including the bid for Confins Airport. As General Manager of Works he was responsible for the works implementing the Alcântara Aerospace Center for the Air Ministry, the Alcoa Aluminum plant expansion, and the infrastructure and buildings of Mineração São Bento (Gencor Group). He then became Sales Director with responsibility for works in Brazil’s Southern Region, part of the Northeast, and the Center-West, which he held until retiring on July 8, 1998. Since then he has remained with the Andrade Gutierrez Group as a consultant. As an undergraduate he was Student Representative on the University Council. Has a degree in engineering from the Engineering School of the Federal University of Juiz de Fora, with specialization in highway engineering from the Highway Research Institute (IPR).

Nelson Jose Hubner Moreira

Mr. Nelson Jose Hubner Moreira serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He was interim Mining and Energy Minister from May 2007 to January 2008, and Director-general of the Brazilian electricity regulator, Aneel, from 2009 to 2013. He holds a degree in engineering from Universidade Federal Fluminense (Rio de Janeiro) with specialization in mathematics from Centro de Ensino Unificado de Brasília.

Allan Kardec de Melo Ferreira

Mr. Allan Kardec de Melo Ferreira serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. From 1993 to 2014, he has been a member of the Audit Board of the OI Group, and a partner-consultant of PJF. He has a law degree from the Pontifícia Universidade Católica of Minas Gerais, with postgradution in mathematics from the Centro de Ensino Unificado de Brasília.

Helvecio Miranda Magalhaes

Mr. Helvecio Miranda Magalhaes serves as Member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He was Health Secretary of the Municipality of Belo Horizonte from 2003 to 2008, Municipal Secretary for Budget, Planning and Information of the municipality in 2009 and 2010; and Healthcare Secretary of the National Health Ministry from 2011 to 2014. He has a degree in medicine, with specialization in epidemiology, from Minas Gerais Federal University (UFMG), and a doctorate in Community Health from Unicamp.

Jose Pais Rangel

Mr. Jose Pais Rangel serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He was Deputy CEO of Banco Clássico S.A.; Member of the Board of Directors of CEG (Companhia Distribuidora de Gás do Rio de Janeiro); Member of the Board of Directors of Tractebel Energia S.A.; Member of the Board of Directors of Kepler Weber S.A.; and an Investment Fund Manager with CVM Registry and Accreditation. Member of the Boards of Directors of Companhia Energética de Minas Gerais, Cemig Distribuição S.A. and Cemig Geração e Transmissão S.A.

Paulo Roberto Reckziegel Guedes

Mr. Paulo Roberto Reckziegel Guedes serves as Member of the Board of Directors of Companhia Energetica de Minas Gerais CEMIG. He began his career as Technical Assistant with M. Roscoe in 1982 and worked for Construtora Sultepa SA from 1983, as Assistant Engineer, and Supervisory Engineer, until 1991, when he became Operational General Manager of the Conesul Consortium for Construtora Sultepa. From 1993 to 1999, he was Project Manager at Construtora Andrade Gutierrez and since 2000 has been Director of Andrade Gutierrez Concessoes (AGC). He represents AGC on the Boards of Directors of CCR, Domino, Waterport and Companhia Operadora de Rodovias SA. He received a degree in Civil Engineering from Universidade Federal de Rio Grande do Sul in 1983, and completed an MBA from Fundacao Dom Cabral in 1997.

Marco Antonio Soares da Cunha Castello Branco

Mr. Marco Antonio Soares da Cunha Castello Branco serves as the member of the Board of Directors of Companhia Energetica Minas Gerais since Apr 30, 2015. He was CEO of Usiminas from 2008 to 2010. Since then he has been a Board Member of Hydac Tecnologia do Brasil Ltda., and since 2011, of Diferencial Energia Participações S.A. He has a degree in engineering from Universidade Federal de Minas Gerais (UFMG).

Arcangelo Eustaquio Torres Queiroz

Mr. Arcangelo Eustaquio Torres Queiroz serves as Member of the Board of Directors of Companhia Energetica de Minas Gerais CEMIG since December 10, 2009. He has been with Cemig since 1988, and is a Visual Communication Specialist and Technical Administrator. He is currently Director of Sindieletro – the Minas Gerais Electricity Industry Workers' Union; Member of Cemig's Integrated Health Administration Committee (Prosaude), and Member of Cemig's Careers and Remuneration Committee. He graduated in History from Centro Universitario de Belo Horizonte - Uni-BH in 1992.

Aloisio Macario Ferreira de Souza

Mr. Aloisio Macario Ferreira de Souza serves as Independent Director of Companhia Energetica de Minas Gerais Cemig. He has Audit Board Member and Company Manager Certification from the Brazilian Corporate Governance institute (IBGC) and is the Coordinator of that organization’s Rio de Janeiro Chapter. He is an accountant, and has served as Vice-president for Human Resources of Usiminas, and, previously, as Executive Manager of the Banco do Brasil pension fund, Previ. He is currently a member of the Audit Board of Guarani S.A. He has served as a Member of the Board of Directors of Usiminas and of CPFL Energia, and as a member of the Audit Boards of AmBev and of Celesc. He is a member of GGC (Corporate Governance Group).