Management, Board and Committees

Board of Directors

Name Position Election Year Term of office
Claudio Roberto Ely Chairman and independent member 2020 2022 ASM

Mr. Claudio Roberto Ely is a senior consultant at Warburg Pincus. Prior to that, Mr. Ely was CEO at Drogasil S.A., where he led the company’s IPO process in 2007 and participated in the merger of Drogasil with Raia S.A., which resulted in Raiadrogasil S.A., Brazil’s largest pharmacy chain.
Mr. Ely was also CEO and held management positions at Banco Geral do Comércio, and was Managing Director at Camargo Correa Metais. Mr. Ely is currently a member of the Boards of Directors of Pet Center, DIMED Distribuidora de Medicamentos and Petrobrás Distribuidora, and a member of the Advisory Council of Eurofarma Laboratórios and Sequoia Logística. He holds a degree in Civil Engineering from the Federal University of Rio Grande do Sul.

Sergio Zimerman Member 2020 2022 ASM

Mr. Zimerman is our chief executive officer and founder. He created our brand (originally under the name Pet Center Marginal) in 2002 after identifying an underpenetrated market with a shortage of competitors. He holds a bachelor’s degree in business administration from UNIP – Universidade Paulista and an MBA in retail from the University of São Paulo. He has also taken executive courses in Europe and in the U.S. Early in his career as an entrepreneur, he founded companies in different retail segments, as for example, clothes and beverage. As our founder and chief executive officer, he has led our initial expansion, which in ten years reached the mark of 27 stores and a turnover ratio of R$200 million in 2012. In 2013, WP became our shareholder and Mr. Zimerman became a member of our board of directors, responsible for implementing our professionalization. We now have 110 stores, a turnover ratio of R$1.2 110 billion and also provide veterinary services under our brand Seres. Mr. Zimerman won the Entrepreneur of the Year award by the Shopping Mall Store Owners Association (ALSHOP) in 2018, intends to transform Petz into the largest and best chain of pet shops in Latin America

Tania Zimerman Member 2020 2022 ASM

Ms. Zimerman holds a bachelor’s degree in management process and an MBA in retail from UBS University in São Paulo. In 2002, she started her career serving in our back-office department and was responsible for structuring certain departments, implementing management processes and coordinating the launch of new stores. She also led the first change in our internal systems and was responsible for developing our accounting department and our back-office structure. Ms. Zimerman also contributed to the creation of our loyalty program and created some new concepts within our stores, such as a unified reception and our first grooming center, where the tutors are able to watch their pets during the entire procedure. She also developed the Pet Safari which is located in our head office, seeking to create a different environment for the exposure of pets. From 2013 through 2019, she directly coordinated the two franchisees we had at the time. In 2016, Ms. Zimerman also created the Petz Play, our recreational space.

Piero Paolo Picchioni Minardi Member 2020 2022 ASM

Mr. Minardi holds a bachelor’s degree in mining engineering from the Polytechnic School of University of São Paulo and an MBA from INSEAD University, in France. He has been a managing partner at Warburg Pincus since 2014 and has had previous experience with private equity groups. Mr. Minardi has been a member of the board of directors of EMPEA (Emerging Markets Private Equity Association) since 2012 and of ABVCAP (Brazilian Association of Venture Capital and Private Equity) since 2016. In addition to be a member of our board of directors, he also serves as a member of the board of directors of Grupo GPS, Camil Alimentos, Sequoia Logística, and America Net.

Gregory Louis Reider Member 2020 2022 ASM

Mr. Gregory holds bachelor’s degrees in Economics and International Relations from the Yale College. Mr. Gregory Louis Reider is the Chairman of the Board of Lojas Uniao 1A99 S.A., Chairman of the Board of Sequoia Transportes e Logistica S.A., and senior consultant at Warburg Pincus, a global private equity investment manager and controlling shareholder of Pet Center. Prior to that, he was Principal at Warburg Pincus from 2012 to 2020, led the private equity area of BR Partners, an investment bank focused on medium-size companies, and worked at Och-Ziff Capital Management, carrying out alternative investments in energy and emerging markets. He was a Board member of Omega Geração.

Frances Yumi Fukuda Alvim Member 2020 2022 ASM

Mrs. Alvim holds a bachelor’s degree summa cum laude in business administration from Insper, and an MBA from Wharton Business School. Currently, she serves as executive officer at Warburg Pincus. Mrs. Alvim is a member of our board of directors and also of the board of directors of Sequoia Logística and Superlógica Tecnologias. She also serves as a member of the executive committee of Camil Alimentos, Eleva Educação, and AmericaNet. Previously, Mrs. Alvim worked at AmBev / ABInBev, where she served in different positions, including as leader of the strategic management department for operations in Latin America.

Eduardo Terra Independent member 2020 2022 ASM

Mr. Terra holds a bachelor’s degree in business administration from Escola Superior de Propaganda e Marketing (ESPM), a postgraduation degree from Fundação Instituto de Administração (FIA) and a master’s degree from University of São Paulo. Mr. Terra has been serving as deliberative advisor to Savegnago Supermercados since 2014 and to Lopes Supermercado since 2016. He also serves at the strategy and innovation committee of Center Norte since 2017 and at the advisory board of Extrafarma / Grupo Ultra since 2018. He is also a partner at BTR Educação e Consultoria and Évolus Educação Digital, and serves as president of the Brazilian Society of Retail and Consumption – SBVC.

Board of Executive Officers

Name Position Election Year Term of office
Sergio Zimerman Chief executive officer 2020 2022 ASM

Mr. Zimerman is our chief executive officer and founder. He created our brand (originally under the name Pet Center Marginal) in 2002 after identifying an underpenetrated market with a shortage of competitors. He holds a bachelor’s degree in business administration from UNIP – Universidade Paulista and an MBA in retail from the University of São Paulo. He has also taken executive courses in Europe and in the U.S. Early in his career as an entrepreneur, he founded companies in different retail segments, as for example, clothes and beverage. As our founder and chief executive officer, he has led our initial expansion, which in ten years reached the mark of 27 stores and a turnover ratio of R$200 million in 2012. In 2013, WP became our shareholder and Mr. Zimerman became a member of our board of directors, responsible for implementing our professionalization. We now have 110 stores, a turnover ratio of R$1.2 110 billion and also provide veterinary services under our brand Seres. Mr. Zimerman won the Entrepreneur of the Year award by the Shopping Mall Store Owners Association (ALSHOP) in 2018, intends to transform Petz into the largest and best chain of pet shops in Latin America

Diogo Ugayama Bassi Chief financial officer and investor relations officer 2020 2022 ASM

Mr. Diogo Bassi is CFO and Investor Relations Officer, and is also responsible for the Company’s Projects & Works area. Before joining Petz in 2013, Mr. Bassi was the Investment Officer at Tarpon and Vice-President at BR Partners, in the Private Equity area, when he served as a Board member of the logistics company Sequoia and led the company’s investment and acquisitions, in addition to participating in the creation and development of the partnership with General Shopping in Outlet malls. From 2005 to 2011, he was an executive at major international investment banks, among which Goldman Sachs, Standard Bank and UBS, working in the M&A, Equity Capital Markets and Debt Capital Markets areas. Mr. Bassi holds a degree in Production Engineering from the Polytechnical School of the University of São Paulo (USP). Mr. Diogo Ugayama Bassi does not hold any position in other companies or third sector organizations.

Valéria Pires Corrêa Officer 2020 2022 ASM

Ms. Corrêa holds a bachelor’s degree in veterinary medicine from the University of São Paulo, a master’s degree in veterinary clinic surgery and a Ph.D. in experimental physiopathology from the University de São Paulo. She joined us in 2004, where she served as the clinic manager of the Tietê unit (our headquarters) and she now serves as technical director of Seres, which is our own veterinary services business. She has also created the Adote Petz project, which, within a span of ten years, helped more than 40,000 pets to find a home. From 1999 to 2016 she also had an extensive academic career, as she worked at the University Anhembi Morumbi holding different positions, such as professor at the Anatomy and Hospital Practices department, joint coordinator of the medical veterinary course, and clinic coordinator at the university’s veterinary hospital, which is a role model of technical excellence. She also participated in developing the hospital’s construction work project. She has also served as a professor at the Centro Regional Universitário Espírito Santo de Pinhal and at the Universidade do Grande ABC. Throughout her academic career, she has always aimed at innovation: she was the first veterinarian to perform an endoscopy procedure in small animals and she has also developed the first digital atlas of veterinary anatomy in Brazil. She is a member of the Veterinary Clinics of Small Animals Commission at the São Paulo Veterinary Medicine Regional Board.

Luciano Rocha Sessim Officer 2020 2022 ASM

Mr. Sessim holds a bachelor’s degree in business administration and an MBA in strategic marketing from Unisinos in the state of Rio Grande do Sul, Brazil. From 2012 to 2015, he served as an officer at Walmart, where he adjusted the Brazilian operations to the global best practice. He joined us in 2015 as the executive officer of trade, marketing, and foreign trade, where he implemented our strategic planning for products categories, our quantitative planogram, and annual joint business plan with industries, increasing store productivity and commercial margins in 1000 bps in the past five years.

Audit Committee

Name Position Election Year Term of office
Claudio Roberto Ely Member 2020 2 Years

Mr. Claudio Roberto Ely is a senior consultant at Warburg Pincus. Prior to that, Mr. Ely was CEO at Drogasil S.A., where he led the company’s IPO process in 2007 and participated in the merger of Drogasil with Raia S.A., which resulted in Raiadrogasil S.A., Brazil’s largest pharmacy chain.
Mr. Ely was also CEO and held management positions at Banco Geral do Comércio, and was Managing Director at Camargo Correa Metais. Mr. Ely is currently a member of the Boards of Directors of Pet Center, DIMED Distribuidora de Medicamentos and Petrobrás Distribuidora, and a member of the Advisory Council of Eurofarma Laboratórios and Sequoia Logística. He holds a degree in Civil Engineering from the Federal University of Rio Grande do Sul.

Gregory Louis Reider Member 2020 2 Years

Mr. Gregory holds bachelor’s degrees in Economics and International Relations from the Yale College. Mr. Gregory Louis Reider is the Chairman of the Board of Lojas Uniao 1A99 S.A., Chairman of the Board of Sequoia Transportes e Logistica S.A., and senior consultant at Warburg Pincus, a global private equity investment manager and controlling shareholder of Pet Center. Prior to that, he was Principal at Warburg Pincus from 2012 to 2020, led the private equity area of BR Partners, an investment bank focused on medium-size companies, and worked at Och-Ziff Capital Management, carrying out alternative investments in energy and emerging markets. He was a Board member of Omega Geração.

Vanessa Tondato Member 2020 2 Years

Ms. Tondato joined us in 2012 and currently serves as senior accounting manager, responsible for the tax and accounting areas. In line with our goals to improve professionalization, she has led our asset drop-down process and the organization of our financial reports and controls. Previously, she worked at the external audit practice at Ernest & Young for approximately seven years, holding positions ranging from trainee to practice manager in the city of São Paulo. She is specialized in internal controls, back office process and financial reporting according to international accounting standards (IFRS). She holds a bachelor’s degree in accounting from Centro Universitário Fundação Santo André.

Financial Committee

Name Position Election Year Term of office
Claudio Roberto Ely Member 2020 2 Years

Mr. Claudio Roberto Ely is a senior consultant at Warburg Pincus. Prior to that, Mr. Ely was CEO at Drogasil S.A., where he led the company’s IPO process in 2007 and participated in the merger of Drogasil with Raia S.A., which resulted in Raiadrogasil S.A., Brazil’s largest pharmacy chain.
Mr. Ely was also CEO and held management positions at Banco Geral do Comércio, and was Managing Director at Camargo Correa Metais. Mr. Ely is currently a member of the Boards of Directors of Pet Center, DIMED Distribuidora de Medicamentos and Petrobrás Distribuidora, and a member of the Advisory Council of Eurofarma Laboratórios and Sequoia Logística. He holds a degree in Civil Engineering from the Federal University of Rio Grande do Sul.

Diogo Ugayama Bassi Member 2020 2 Years

Mr. Diogo Bassi is CFO and Investor Relations Officer, and is also responsible for the Company’s Projects & Works area. Before joining Petz in 2013, Mr. Bassi was the Investment Officer at Tarpon and Vice-President at BR Partners, in the Private Equity area, when he served as a Board member of the logistics company Sequoia and led the company’s investment and acquisitions, in addition to participating in the creation and development of the partnership with General Shopping in Outlet malls. From 2005 to 2011, he was an executive at major international investment banks, among which Goldman Sachs, Standard Bank and UBS, working in the M&A, Equity Capital Markets and Debt Capital Markets areas. Mr. Bassi holds a degree in Production Engineering from the Polytechnical School of the University of São Paulo (USP). Mr. Diogo Ugayama Bassi does not hold any position in other companies or third sector organizations.

Frances Yumi Fukuda Alvim Member 2020 2 Years

Mrs. Alvim holds a bachelor’s degree summa cum laude in business administration from Insper, and an MBA from Wharton Business School. Currently, she serves as executive officer at Warburg Pincus. Mrs. Alvim is a member of our board of directors and also of the board of directors of Sequoia Logística and Superlógica Tecnologias. She also serves as a member of the executive committee of Camil Alimentos, Eleva Educação, and AmericaNet. Previously, Mrs. Alvim worked at AmBev / ABInBev, where she served in different positions, including as leader of the strategic management department for operations in Latin America.

Gregory Louis Reider Member 2020 2 Years

Mr. Gregory holds bachelor’s degrees in Economics and International Relations from the Yale College. Mr. Gregory Louis Reider is the Chairman of the Board of Lojas Uniao 1A99 S.A., Chairman of the Board of Sequoia Transportes e Logistica S.A., and senior consultant at Warburg Pincus, a global private equity investment manager and controlling shareholder of Pet Center. Prior to that, he was Principal at Warburg Pincus from 2012 to 2020, led the private equity area of BR Partners, an investment bank focused on medium-size companies, and worked at Och-Ziff Capital Management, carrying out alternative investments in energy and emerging markets. He was a Board member of Omega Geração.

Sergio Zimerman Member 2020 2 Years

Mr. Zimerman is our chief executive officer and founder. He created our brand (originally under the name Pet Center Marginal) in 2002 after identifying an underpenetrated market with a shortage of competitors. He holds a bachelor’s degree in business administration from UNIP – Universidade Paulista and an MBA in retail from the University of São Paulo. He has also taken executive courses in Europe and in the U.S. Early in his career as an entrepreneur, he founded companies in different retail segments, as for example, clothes and beverage. As our founder and chief executive officer, he has led our initial expansion, which in ten years reached the mark of 27 stores and a turnover ratio of R$200 million in 2012. In 2013, WP became our shareholder and Mr. Zimerman became a member of our board of directors, responsible for implementing our professionalization. We now have 110 stores, a turnover ratio of R$1.2 110 billion and also provide veterinary services under our brand Seres. Mr. Zimerman won the Entrepreneur of the Year award by the Shopping Mall Store Owners Association (ALSHOP) in 2018, intends to transform Petz into the largest and best chain of pet shops in Latin America

Strategic Committee

Name Position Election Year Term of office
Claudio Roberto Ely Member 2020 2 Years

Mr. Claudio Roberto Ely is a senior consultant at Warburg Pincus. Prior to that, Mr. Ely was CEO at Drogasil S.A., where he led the company’s IPO process in 2007 and participated in the merger of Drogasil with Raia S.A., which resulted in Raiadrogasil S.A., Brazil’s largest pharmacy chain.
Mr. Ely was also CEO and held management positions at Banco Geral do Comércio, and was Managing Director at Camargo Correa Metais. Mr. Ely is currently a member of the Boards of Directors of Pet Center, DIMED Distribuidora de Medicamentos and Petrobrás Distribuidora, and a member of the Advisory Council of Eurofarma Laboratórios and Sequoia Logística. He holds a degree in Civil Engineering from the Federal University of Rio Grande do Sul.

Diogo Ugayama Bassi Member 2020 2 Years

Mr. Diogo Bassi is CFO and Investor Relations Officer, and is also responsible for the Company’s Projects & Works area. Before joining Petz in 2013, Mr. Bassi was the Investment Officer at Tarpon and Vice-President at BR Partners, in the Private Equity area, when he served as a Board member of the logistics company Sequoia and led the company’s investment and acquisitions, in addition to participating in the creation and development of the partnership with General Shopping in Outlet malls. From 2005 to 2011, he was an executive at major international investment banks, among which Goldman Sachs, Standard Bank and UBS, working in the M&A, Equity Capital Markets and Debt Capital Markets areas. Mr. Bassi holds a degree in Production Engineering from the Polytechnical School of the University of São Paulo (USP). Mr. Diogo Ugayama Bassi does not hold any position in other companies or third sector organizations.

Eduardo Terra Member 2020 2 Years

Mr. Terra holds a bachelor’s degree in business administration from Escola Superior de Propaganda e Marketing (ESPM), a postgraduation degree from Fundação Instituto de Administração (FIA) and a master’s degree from University of São Paulo. Mr. Terra has been serving as deliberative advisor to Savegnago Supermercados since 2014 and to Lopes Supermercado since 2016. He also serves at the strategy and innovation committee of Center Norte since 2017 and at the advisory board of Extrafarma / Grupo Ultra since 2018. He is also a partner at BTR Educação e Consultoria and Évolus Educação Digital, and serves as president of the Brazilian Society of Retail and Consumption – SBVC. Mr. Eduardo Terra does not hold positions in other third sector companies or organizations.

Frances Yumi Fukuda Alvim Member 2020 2 Years

Mrs. Alvim holds a bachelor’s degree summa cum laude in business administration from Insper, and an MBA from Wharton Business School. Currently, she serves as executive officer at Warburg Pincus. Mrs. Alvim is a member of our board of directors and also of the board of directors of Sequoia Logística and Superlógica Tecnologias. She also serves as a member of the executive committee of Camil Alimentos, Eleva Educação, and AmericaNet. Previously, Mrs. Alvim worked at AmBev / ABInBev, where she served in different positions, including as leader of the strategic management department for operations in Latin America.

Gregory Louis Reider Member 2020 2 Years

Mr. Gregory holds bachelor’s degrees in Economics and International Relations from the Yale College. Mr. Gregory Louis Reider is the Chairman of the Board of Lojas Uniao 1A99 S.A., Chairman of the Board of Sequoia Transportes e Logistica S.A., and senior consultant at Warburg Pincus, a global private equity investment manager and controlling shareholder of Pet Center. Prior to that, he was Principal at Warburg Pincus from 2012 to 2020, led the private equity area of BR Partners, an investment bank focused on medium-size companies, and worked at Och-Ziff Capital Management, carrying out alternative investments in energy and emerging markets. He was a Board member of Omega Geração.

Luciano Rocha Sessim Member 2020 2 Years

Mr. Sessim holds a bachelor’s degree in business administration and an MBA in strategic marketing from Unisinos in the state of Rio Grande do Sul, Brazil. From 2012 to 2015, he served as an officer at Walmart, where he adjusted the Brazilian operations to the global best practice. He joined us in 2015 as the executive officer of trade, marketing, and foreign trade, where he implemented our strategic planning for products categories, our quantitative planogram, and annual joint business plan with industries, increasing store productivity and commercial margins in 1000 bps in the past five years.

Sergio Zimerman Member 2020 2 Years

Mr. Zimerman is our chief executive officer and founder. He created our brand (originally under the name Pet Center Marginal) in 2002 after identifying an underpenetrated market with a shortage of competitors. He holds a bachelor’s degree in business administration from UNIP – Universidade Paulista and an MBA in retail from the University of São Paulo. He has also taken executive courses in Europe and in the U.S. Early in his career as an entrepreneur, he founded companies in different retail segments, as for example, clothes and beverage. As our founder and chief executive officer, he has led our initial expansion, which in ten years reached the mark of 27 stores and a turnover ratio of R$200 million in 2012. In 2013, WP became our shareholder and Mr. Zimerman became a member of our board of directors, responsible for implementing our professionalization. We now have 110 stores, a turnover ratio of R$1.2 110 billion and also provide veterinary services under our brand Seres. Mr. Zimerman won the Entrepreneur of the Year award by the Shopping Mall Store Owners Association (ALSHOP) in 2018, intends to transform Petz into the largest and best chain of pet shops in Latin America

Valéria Pires Corrêa Member 2020 2 Years

Ms. Corrêa holds a bachelor’s degree in veterinary medicine from the University of São Paulo, a master’s degree in veterinary clinic surgery and a Ph.D. in experimental physiopathology from the University de São Paulo. She joined us in 2004, where she served as the clinic manager of the Tietê unit (our headquarters) and she now serves as technical director of Seres, which is our own veterinary services business. She has also created the Adote Petz project, which, within a span of ten years, helped more than 40,000 pets to find a home. From 1999 to 2016 she also had an extensive academic career, as she worked at the University Anhembi Morumbi holding different positions, such as professor at the Anatomy and Hospital Practices department, joint coordinator of the medical veterinary course, and clinic coordinator at the university’s veterinary hospital, which is a role model of technical excellence. She also participated in developing the hospital’s construction work project. She has also served as a professor at the Centro Regional Universitário Espírito Santo de Pinhal and at the Universidade do Grande ABC. Throughout her academic career, she has always aimed at innovation: she was the first veterinarian to perform an endoscopy procedure in small animals and she has also developed the first digital atlas of veterinary anatomy in Brazil. She is a member of the Veterinary Clinics of Small Animals Commission at the São Paulo Veterinary Medicine Regional Board.

Human Resources Committee

Name Position Election Year Term of office
Claudio Roberto Ely Member 2020 2 Years

Mr. Ely is a senior consultant at Warburg Pincus. He holds a bachelor’s degree in civil engineering at the Federal University of Rio Grande do Sul (UFRS). Mr. Ely served as chief executive officer of the Brazilian drugstore chain Drogasil S.A. where he led the company’s first IPO in 2007. He also participated in the merger of Drogasil with Raia S.A. which formed Raiadrogasil S.A., the larger drugstore chain in Brazil. Mr. Ely served as chief executive officer and executive officer of Banco Geral do Comércio and as executive officer of Camargo Correa Metais. Currently, Mr. Ely is a member of our board of directors and also of the board of directors of DIMED Distribuidora de Medicamentos, and Petrobrás Distribuidora. He is also a member of the advisory board of Eurofarma Laboratórios and Sequoia Logística. Graduated in Civil Engineering from the Federal University of Rio Grande do Sul. Graduated in Civil Engineering from the Federal University of Rio Grande do Sul.

Fernanda Fernandes Member 2020 2 Years

Ms. Fernandes holds a bachelor’s degree in pedagogy from Campos Salles University, a postgraduate degree in strategic human resources management from Pontifical Catholic University (PUC) and a specialization in strategic human resources from ISE Business School. Ms. Fernandes joined us in June 2019 and serves as human resources officer. Before joining us, she served as human resources officer at Cacau Show from 2018 to 2019, and as human resources officer at Etna/Vivara Group from 2016 to 2018. She also served as human resources manager and officer at Claro S.A. group from 2001 to 2016. Cacau Show – Cocoa and Chocolate Derivatives Industry – HR Director Etna / Vivara – Gifts and Decoration Items – HR Director Claro SA – Telecommunications – HR Director.

Frances Yumi Fukuda Alvim Member 2020 2 Years

Mrs. Alvim holds a bachelor’s degree summa cum laude in business administration from Insper, and an MBA from Wharton Business School. Currently, she serves as executive officer at Warburg Pincus. Mrs. Alvim is a member of our board of directors and also of the board of directors of Sequoia Logística and Superlógica Tecnologias. She also serves as a member of the executive committee of Camil Alimentos, Eleva Educação, and AmericaNet. Previously, Mrs. Alvim worked at AmBev / ABInBev, where she served in different positions, including as leader of the strategic management department for operations in Latin America.

Gregory Louis Reider Member 2020 2 Years

Mr. Reider holds a bachelor’s degree in economics and international relations from Yale College. He is a senior consultant at Warburg Pincus. Previously, he served as principal officer at Warburg Pincus, led the private equity department at BR Partners, and worked at Och-Ziff Capital Management in New York, where he specialized in alternative investments in energy and in emerging markets and served as member of the board of directors of Omega Geração. Currently, Mr. Reider is a member of our board of directors since 2013.

Sergio Zimerman Member 2020 2 Years

Mr. Zimerman is our chief executive officer and founder. He created our brand (originally under the name Pet Center Marginal) in 2002 after identifying an underpenetrated market with a shortage of competitors. He holds a bachelor’s degree in business administration from UNIP – Universidade Paulista and an MBA in retail from the University of São Paulo. He has also taken executive courses in Europe and in the U.S. Early in his career as an entrepreneur, he founded companies in different retail segments, as for example, clothes and beverage. As our founder and chief executive officer, he has led our initial expansion, which in ten years reached the mark of 27 stores and a turnover ratio of R$200 million in 2012. In 2013, WP became our shareholder and Mr. Zimerman became a member of our board of directors, responsible for implementing our professionalization. We now have 110 stores, a turnover ratio of R$1.2 110 billion and also provide veterinary services under our brand Seres. Mr. Zimerman won the Entrepreneur of the Year award by the Shopping Mall Store Owners Association (ALSHOP) in 2018, intends to transform Petz into the largest and best chain of pet shops in Latin America.