Statutory Audit Committee

Copel’s Statutory Audit Committee is provided for in the Bylaws, and is composed of three members, all independent, chosen by the Board of Directors, elected and dismissed by such body, with the characteristics, composition, functioning and competencies established in specific Internal Regulations. This Committee is subordinate to the Board of Directors, to which it is directly linked.

Among the main duties of the Statutory Audit Committee (CAE) are supervision, review, supervision, monitoring and, when applicable, presentation of recommendations on the Company’s activities. Furthermore, the Statutory Audit Committee is responsible for operating the Reporting Channel.

The Statutory Audit Committee is also responsible for issuing semi-annual and annual reports, and the summary of the Audit Committee Report, prepared at the end of the year, must be published together with the Company’s accounting and financial statements.

The Statutory Audit Committee – CAE is responsible for ensuring the quality and efficiency of internal control and risk management systems, including supervision of the information security strategy, with annual registration in the Statutory Audit Committee Report.

Its ordinary meetings are held at least six times a year, according to a previously defined calendar, and there may be other, extraordinary meetings, whenever necessary – the minutes are drawn up in a proper book by the Corporate Governance Secretariat and signed by the members present at the meeting.