Executive Officers and Board of Directors

The Company’s executive officers have significant experience in the domestic and international passenger transportation industries, and we have been able to leverage on this vast experience to develop our low-cost operating structure. The executive officers are responsible for managing the Company on a daily basis. The individual responsibilities of the executive officers are established in our bylaws and by our Board of Directors.

According to our bylaws, we must have a minimum of two, and a maximum of seven, executive officers that are elected by the Board of Directors for a one-year term. Any executive officer may be removed by the Board of Directors before the expiration of his/her term. The current term of all our executive officers ends in May 2025.

The following table provides the name and position of each of our executive officers. A brief biography for each executive officer is provided after the table.

Celso Guimarães Ferrer Junior
Mr. Celso Ferrer Junior is the Chief Executive Officer of the Company and a member of the Finance Policy Committee, Risk Committee, and Security Committee of the Company. Mr. Ferrer holds an MBA from INSEAD, a degree in Economics from the University of São Paulo, and a degree in International Relations from the Pontifical Catholic University of São Paulo. Mr. Ferrer has been with the Company for over 17 years and served as Vice President and Director of Planning from February 2015 to March 2019, where he then assumed the position of Vice President of Operations until June 2022. Mr. Ferrer is also a pilot of Boeing 737-700, Boeing 737-800 Next Generation, and Boeing 737-8 Max aircraft.

Eduardo Guardiano Leme Gotilla
Mr. Eduardo Guardiano Leme Gotilla is the Vice President of Finance and Investor Relations Director of the Company, as well as a member of the Finance Policy Committee, Risk Committee, and Subcommittee on Accounting, Tax, and Financial Statements Policies. Mr. Eduardo brings extensive experience in prominent financial positions, having served as CFO of Light S.A., global CFO of RHI Magnesita in London, and statutory director of CSN. With a solid track record in the financial market, Eduardo brings vast expertise in various areas, including corporate finance, business development, turnaround/restructuring, tax management, capital strategy, performance management, and investor relations. Additionally, he chaired the board of directors of Magnesita Refratários S.A. and served on the boards of BB Previdência, MGI – Minas Gerais Investimentos, and CODEMIG/CODEMG.

Carla Patrícia Cabral da Fonseca
Mrs. Carla Patrícia Cabral da Fonseca is the Company’s Vice-President Director. She holds a bachelor’s degree in Marketing and an MBA in Business Management from the Getúlio Vargas Foundation (FGV). She has been with the Company for over 8 years, having been responsible for the Products and B2C Sales Channels area and as Director of the Smiles Argentina branch. Before joining the Company, Mr. Fonseca had important roles in the financial market, working for 10 years at Credicard and Citibank.

Renata Domingues da Fonseca Guinesi
Mrs. Renata Domingues da Fonseca Guinesi is the Company’s Chief Legal Officer and Executive Institutional Relations Director. She has been at GOL since 2012, having served leadership roles in the civil, consumer, labor and tax litigation areas, with vast knowledge of the aeronautical regulatory area. Mrs. Guinesi has a bachelor’s degree in Law from Pontifícia Universidade Católica de Campinas, a specialist degree in Tax Law from Pontifícia Universidade Católica de Campinas and an MBA in Business Management from Fundação Dom Cabral, in addition to several degrees in Civil and Tax Law.

The Board of Directors of GOL is committed to providing general strategic guidelines and, among other duties, is responsible for defining the general policies of the business, electing the executive officers, and supervising their management. The Board of Directors is currently composed of eight members. The three Board members associated with the Audit Committee comply with the independence requirements of NYSE and B3’s Corporate Governance Level 2 Listing Regulations. The Board of Directors meets every quarter or whenever requested by the chair of the Board or by three Board members.

Pursuant to Brazilian Corporate Law, the members of the Board of Directors are prohibited from voting on any matter that cause a conflict of interest between them and the Company.

Members of the board of directors serve one-year terms, reelection being permitted. The terms of the current directors will expire in April, 2024. The Company´s by-laws do not provide for a mandatory retirement age for the Company´s directors.

The following table sets forth the name and position of each current member of the board of directors. A brief biographical description of each current member of the board of directors follows the table.

Constantino de Oliveira Junior
Mr. Constantino de Oliveira Junior is the Chairman of the Board of Directors and a member of the Corporate Governance and People Committee, Finance Policy Committee, and Security Committee of the Company. Mr. Constantino Junior studied Business Administration at the University of Distrito Federal and participated in the Executive Corporate Management Program at the Association for Overseas Technical Scholarships in Yokohama, Japan. Mr. Constantino Junior held the position of CEO of the Company in 2001 and became a member of the board of directors in 2004, holding both positions until 2012. Also in 2004, Mr. Constantino launched the Company’s shares traded on the São Paulo Stock Exchange (BOVESPA) – GOLL4 and on the New York Stock Exchange (NYSE) – GOL. In 2012, Mr. Constantino Junior assumed the position of Chairman of the Board of Directors, a position he still holds. Mr. Constantino Junior also served as Chairman of the Company’s Board of Directors until Gol’s reincorporation in August 2021. Mr. Constantino Junior introduced the concept of “low cost, low fare” in Brazilian civil aviation and was chosen as “Executive of Value” in 2002 and 2001 by the newspaper Valor Econômico, and as “Leading Executive” in the logistics sector in 2003 by the Gazeta Mercantil newspaper, and in 2008, he was named “Distinguished Executive” in the Air Transport category at the GALA (Latin American Aeronautical Gallery) awards, sponsored by IATA. From 1994 to 2000, he held the position of Director at Comporte Participações, a company that controls several passenger land transport companies. Currently, he is a member of the Board of Directors and one of the founders of the ABRA Group, where he serves as Chairman of the Board of Directors.

Ricardo Constantino
Mr. Ricardo Constantino serves as Vice Chairman of the Company’s Board of Directors, a member of the Corporate Governance and People Committee, and the Security Committee. Additionally, Mr. Ricardo holds the position of Technical Director and Maintenance Director of the Comporte Group since 1994. Mr. Ricardo Constantino is also a member of the Board of Directors of Via Rondon S.A. since 2010. Since 2006, he has been a member of the Board of Directors of Expresso Itamarati S/A. Furthermore, Mr. Ricardo Constantino currently serves on the Boards of BR Mobilidade Baixada Santista SPE S/A, Comporte Participações S/A, Viação Piracicabana S/A, and Empresa Nossa Senhora da Penha S/A.

Adrian Neuhauser
Mr. Adrian Neuhauser is a member of the Company’s Board of Directors. Mr. Neuhauser also serves as the CEO of the Abra Group and Executive Vice President of Avianca. Neuhauser served as President and CEO of Avianca from 2021 to 2024, after joining the company as Chief Financial Officer in 2019 and leading its corporate restructuring process. Mr. Neuhauser has over 20 years of experience in the financial sector with a focus on investment banking, as well as extensive experience working with transportation companies, including airlines, railways, and carriers. Before joining Avianca, Mr. Neuhauser was Managing Director at Credit Suisse, covering airlines across the Americas. Previously, he held senior positions at Deutsche Bank, Bank of America, and Merrill Lynch, where he was responsible for mergers and acquisitions and capital market transactions in Chile and the Andean region. Mr. Neuhauser holds a degree in Economics from the Pontifical Catholic University of Chile.

Anmol Bhargava
Mr. Anmol Bhargava is a full member of the Company’s Board of Directors. Mr. Bhargava also serves as the Vice President of Global Alliances and Partnerships at American Airlines since May 2021. He joined American Airlines in 2006 and has served in various roles including Managing Director of Joint Business and Alliances for the Atlantic and Pacific regions, CFO of Joint Business and Analytics, Finance Manager of the Strategic Alliances team, and Senior Financial Analyst. Prior to his tenure at American Airlines, Mr. Bhargava worked at AkzoNobel in 2001. He graduated from RV Engineering College in Bangalore, India and earned a Master’s in Business Administration with a focus on strategy and finance from the University of Texas in 2006. Mr. Bhargava declares that he is not considered a politically exposed person, as per applicable regulations.

Marcela de Paiva Bonfim Teixeira
Ms. Marcela de Paiva Bomfim Teixeira has been a member of our board of directors since 2022. She holds a bachelor‘s degree in business administration from Pontifícia Universidade Católica de Minas Gerais, a specialization in Information Management and Technology from Instituto de Educação Tecnológica, a specialization in Finance from Fundação Dom Cabral, and a master‘s degree in Business Administration with a focus on project management from Fundação Getúlio Vargas. She was a member of the supervisory board of Transnorte Energia S.A. from 2012 to 2016. Ms. Teixeira holds an executive master‘s degree in business administration from Fundação Dom Cabral. She conducted an extension at the HEC Paris Shanghai Module. In her 22 years of experience, Ms. Teixeira has passed through companies such as Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas and Alupar Investimento S.A. and was previously a member of our fiscal council for four years.

Germán Pasquale Quiroga Vilardo
Mr. Germán Pasquale Quiroga Vilardo is an independent member of the Company’s Board of Directors and serves on the Statutory Audit Committee. Mr. Vilardo holds a degree in electronic engineering from the Institute of Military Engineering and a master’s degree in digital systems from the Polytechnic School of the University of São Paulo (USP). He was the founder and CEO of TV1.com, Director of Information and Director of Marketing at Americanas.com, Director of Information and Director of Marketing at Cyrela Brasil Realty, and founder, CEO, and member of the board of directors of Pontofrio.com, Nova Pontocom, and several other e-commerce companies, including Cnova, where he led the company’s IPO process on NASDAQ. He serves on the board of directors of Centauro, Cobasi, Quality, G2D, Kalunga, and Falabella. Mr. Quiroga holds a bachelor’s degree in electronic engineering from the Institute of Military Engineering and a master’s degree in digital systems from the Polytechnic School of the University of São Paulo (USP).

Philipp Michael Schiemer
Mr. Philipp Schiemer joined our board of directors in April 2020. Mr. Schiemer is currently Senior Vice President at Mercedes-Benz AG responsible for Top Customer Relations. He was previously CEO of Mercedes-AMG and President of Mercedes-Benz Brazil and Latin America and is certified as a senior advisor to the Brazilian Institute of Corporate Governance. He was Vice President of Product Marketing for Mercedes Benz in Stuttgart, Germany. From 2004 to 2009, he was Vice President of Sales for Mercedes-Benz do Brasil. He was also president of the SAE Brazil congress and served as vice president of the Brazil-Germany Chamber of Commerce from January 2018 to December 2018, and in January 2019, he assumed the position of president. Mr. Schiemer studied business administration with a specialization in marketing and finance at Corporate University Mercedes-Benz AG in Stuttgart, Germany.

Timothy Robert Coleman
Mr. Timothy Robert Coleman is an independent member of the Company’s Board of Directors and Special Independent Committee. Mr. Coleman serves as a consultant senior at PJT Partners and, in his professional career, he was a partner and Global President of the Restructuring and Special Situations Group at PJT Partners. Before the split of PJT Partners for Blackstone, Mr. Coleman worked for 23 years at Blackstone, as Senior Managing Director and head of the Restructuring and Reorganization Group. Mr. Coleman worked on a variety of restructuring assignments and special situations for corporations, municipalities, creditor groups, special committees of corporate boards, companies and acquirers of distressed assets. Tim has been widely recognized for excellence in his field and awarded the Harvey R. Miller Outstanding Award Achievement for services to the restructuring industry at the Annual Distressed Investing Conference (2019), the leadership award at the Turnaround Atlas Awards (2017), the Turnaround Leadership award from The M&A Advisor (2014), was inducted into the Turnaround Restructuring and Distressed Investing Industry Hall of Fame by Turnaround Management Association (2013) and named Global Investment Banker of the Year by the Turnaround Atlas Awards (2011). Finally, among the most notable cases in which Mr. Coleman acted are: Arch Coal, AMBAC, Bear Stearns Asset Management, Cable & Wireless Holdings, C-BASS, Delta Air Lines, Delta (Re: Pinnacle Airlines), Energy XXI, Financial Guaranty Insurance Company, Ford Motor Company, Genco, among others.

Paul Stewart Aronzon
Mr. Paul Stewart Aronzon is an independent member of the Company’s Board of Directors and Special Independent Committee. In his professional career, he served as Co-Managing Partner at Milbank’s Los Angeles office and Co-Leader of Milbank’s Global Financial Restructuring Group, in addition to being Executive Vice President and Managing Director at Imperial Capital. With more than 40 years of experience, he has acted as a leading consultant in corporate restructurings and reorganizations, including extensive experience advising companies, boards of directors and advisory committees to boards of directors, independent directors, sponsors, debtors, creditors, debt acquirers, assets or companies and other parties in cases of reorganization and recapitalization operations. These commitments and transactions included successful exchange and share offers, proxy contests, rights offers, mergers and acquisitions (sales of companies and assets), as well as financing transactions, pre-arranged reorganizations, contested or litigated cases (including cram down) Chapter 11 cases, consensual Chapter 11 cases, and numerous successful dispute resolution issues using mediation and various resolution processes. Lastly, Mr. Paul Stewart Aronzon has experience in a wide range of industries, including aerospace/defense, agriculture, airlines, apparel and textiles, automotive, among others.