Paranapanema (PMAM3), which is in Judicial Reorganization (Recuperação Judicial), announced on Tuesday, November 3, 2026, that its Board of Directors accepted, on October 30, 2026, the resignation of Marcelo Vaz Bonini from his positions as Chief Financial Officer and Investor Relations Officer. The resignation was formalized by letter, and the company thanked the executive for his dedication and "relevant contributions."
Until a permanent successor is named, the position of Chief Financial Officer will be filled on an interim basis by Vitor Eduardo de Almeida Saback, the current Chief Executive Officer. The Investor Relations Office will also be held on an interim basis by Álvaro André Vieira Cunha, the current Legal Officer.
Paranapanema's Board of Directors will meet in due course to decide on the permanent succession for both positions, in accordance with the Brazilian Corporation Law (Lei das S.A.), the Bylaws and the Novo Mercado Regulations. The document does not state a date for the meeting. The company said it will keep shareholders and the market informed of further developments.
