(Amounts in thousands of Brazilian reais – R$, unless otherwise stated)


The Company's Extraordinary Shareholders' Meeting of April 13, 2009, set Management's annual overall compensation at R$14,515.

    2009
    Compensation Vested stock options
    Fixed Variable Total Stock options
balance(a)
Exercise
price (b)
                       
Diretores estatutários 4,114 3,338 7,452 1,611,700 12.80
Conselho de Administração 518 - 518 - -
Total 4,632 3,338 7,970 1,611,700 12.80

(a) Refers to the number of vested options not exercised by December 31, 2009.
(b) Refers to the weighted average exercise price of the options at the time they were granted.