Minutes of Fiscal Council Meeting
On February 10th
, 2017, at 9:00 am, in 13th
floor, Room 3, Ed. Banco do Brasil, Brasília – Distrito Federal, held regular meeting of the Supervisory Board of BB Seguridade Participações SA with the participation of Directors: Leandro Puccini Secunho, Antonio Pedro da Silva Machado e Giorgio Bampi.
03. STATEMENTS OF EXERCISE 2016 -
Following clarifications provided by the Accounting and Independent Audit, the Audit Committee after attending the Board of Directors meeting that decided on the balance of the year 2016, said it was aware of the financial statements of December / 2016, for the fiscal year 2016 and the Management`s Report. Then issued the following opinion: “THE BB SEGURIDADE PARTICIPAÇÕES S.A.'S FISCAL COUNCIL due to its legal and statutory duties, examined today the Company's management report ("Relatório Anual da Administração"), the individual and consolidated Financial Statements, including the Balance Sheet, Statement of Comprehensive Income, Statement of Changes on Net Equity, Cash Flow Statement and Added Value Statement, as well as the related Explanatory Notes, and the report of the external auditors, all related to the fiscal year ended December 31st, 2016. Our analysis of the statements, above mentioned, were further complemented by additional reports and documents and, mainly, by information and explanations provided to the Fiscal Council by the external auditors and the Company's Management. Therefore, based on the work and clarifications provided by KPMG Auditores Independentes, in the unqualified opinion included in the report issued by KPMG on February 10th, 2017, and in the additional clarifications provided by the Management, this Fiscal Council unanimously states that the Financial Statements above mentioned, including the management report ("Relatório Anual da Administração"), are properly presented and concludes in favor to its submission to the Shareholders General Meeting deliberation. Brasília (DF), February 10th, 2017.”
There being nothing further to discuss, the meeting was closed and I, sig.) André Francisco Ferreira Adnet, Secretary, ordered this minute which, after being read and approved, is duly signed.
Leandro Puccini Secunho, Giorgio Bampi e Antonio Pedro da Silva Machado.
THIS DOCUMENT IS A TRUE COPY TRANSCRIBED FROM OWN BOOK.
Brasília, February 10th
André Francisco Ferreira Adnet