Performance

• Conciseness
• Connectivity of information
• Strategic focus and future orientation

Key observations:

Votorantim provides a concise and connected report on progress against the company’s material issues.

Each material issue, along with the associated commitments, are outlined and presented alongside a summary of the company’s accomplishments during the past year.  The company also uses a color-coded ‘traffic light’ symbol to indicate the extent to which the commitment was achieved, in progress, or under study.  Votorantim’s goals/targets for 2020 are also disclosed, providing readers a glimpse of the company’s anticipated next steps and strategic priorities.