PDG Realty is listed in the B3 - Bolsa, Balcão, Brazil New Market category, listing segment that requires the companies to follow the best corporate governance practices in the Brazilian market. 

The Company also seeks, whenever practicable, to follow the additional practices recommended by the Brazilian Institute of Corporate Governance (IBGC).

The Company's Governance Practices:

• Capital exclusively consisting of common shares with the right to vote;
• More than 25% of the shares free float;
• Board of directors with a majority of independent members;
• Fiscal Council annually elected (not permanent);
• Audit Committee implementation (non-statutory); 
• Independent audits to analyze balance sheets and financial statements; 
• Simultaneous release, in English and Portuguese, of material facts, information on profits and press releases on results;
• Policy of disclosure of material facts, with prohibition of the use of privileged information;
• Policy for traded securities issued by the Company; 
• Monthly disclosure of trading of the company's securities by controlling shareholders;
• Maintenance of the Code of Conduct, approved by the Board of Directors, to be applied to all of the Company's employees and service providers, reflecting the Company's culture and principles; 
• Maintenance of a whistleblowing channel for the submission of reports or the resolution of problems;
• In case of disposal of control, all shareholders are entitled to sell their shares for the same price (100% tag along) attributed to the shares held by the controlling shareholder; 
• In case of exit of the company from New Market, a public offering for the acquisition of shares (OPA) by fair value, where at least 1/3 of the holders of outstanding shares must accept the OPA or agree with the exit of the segment;
• Statutory provision for arbitration to solve eventual conflicts between the shareholders and the Company.

PDG Realty is in constant evolution of its governance practices. Check the evolution, in the last fiscal years, concerning the practices included in the Governance Report: