Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
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Companhia de Saneamento Básico do Estado de São Paulo - Sabesp Board of Directors |
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP
Corporate Taxpayer ID (CNPJ/MF) No: 43.776.517/0001-80
Company Registry (NIRE) No: 35.3000.1683-1
SUMMARY OF THE MINUTES OF THE 887th BOARD OF DIRECTORS’ MEETING
The Board of Directors of Companhia de Saneamento Básico do Estado de São Paulo – SABESP held an extraordinary meeting on May 3, 2019, at 4:00 p.m., as convened by e-mail by the Chairman of the Board of Directors, Mario Engler Pinto Junior and pursuant to the caput and paragraph 6 or article 13 of the Company’s Bylaws, the undersigned members below, resolved on the following:
1. Approval of the Institutional Compensation Policy for the Directors and Members of the Fiscal Council and Statutory Committees – PI0034-v2. The matter was supported by the Board Resolution number 0149/2019, dated 05/02/2019, and in the draft of the Institutional Compensation Policy. Pursuant to subitem (g) of item VII of Article 14 of the Bylaws, the members unanimously approved the Institutional Compensation Policy for the Directors and Members of the Fiscal Council and Statutory Committees – PI0034-v2.
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Signing Board Members: Mario Engler Pinto Junior, Benedito Pinto Ferreira Braga Junior, Ernesto Rubens Gelbcke, Francisco Luiz Sibut Gomide, Francisco Vidal Luna, Lucas Navarro Prado, Luís Eduardo Alves de Assis, Monica Ferreira do Amaral Porto and Reinaldo Guerreiro.
This is a free English translation of the original document drawn up in the Board of Directors’ minutes book.
São Paulo, May 3, 2019.
Mario Engler Pinto Junior |
Marialve S. Martins |
Chairman of the Board of Directors |
Secretary of the Board of Directors |
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Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.