Luiz Eduardo Osorio

Areas of Responsibility: Legal, Environmental Affairs, Institutional Relations & Communications, Marketing, Sustainable Development, Ethics, Government & International Affairs. Main achievements in 2014-2016: 1.Legal: (i) Actions in civil, labor, fiscal and regulatory processes yielded savings of USD millions in 2 years; (ii) Launch and implementation of Zero Base legal project to mitigate risks and reduce incoming lawsuits & contingencies, with positive impact of USD millions; (iii) Implemented new Code and System of Ethics; (iv) Reduction of 7,000 incoming lawsuits (by working-out root causes); (v) 20%increase of success rate 2. Corporate Relations: (i) Support to 4th CRTP (Periodic Tariff Revision Cycle) with increased WACC, and to re-start of payment of overdue CDE (Energy Development Fund) subsidies, both leading to savings of USD hundreds of millions; (ii) Support to suspension of ordinance in São Paulo state delaying sector’s receipt of tax substitution revenues, thus avoiding cash loss of USD hundreds of millions 3. Communications: 39% increase of Image Performance Index vs 2014 4. Sustainability: (i) Improvement on company shares’ assessment at ISE (Corporate Sustainability Index) and Dow Jones Sustainability Index Emerging Markets allowed CPFL Energia to remain in the portfolios (2014: ISE: + 5% and DJSI: + 1%; 2015: ISE: + 5% and DJSI: + 3%); (ii) Launch & Development of Sustainability Platform 2016-20 and approval by Non-Executive Board; (iii) Implementation of initiatives re Climate Change, highlighting active participation in COP21 (signature of the 'Commitment to the Climate' Protocol of São Paulo State) and entry in Carbon Efficient Index - ICO2 (BM&F Bovespa) 5. CPFL Institute: (i) Creation, structuring and operationalization of the Institute, aimed at developing cultural, social and sports programmes; (ii) Tens of implemented activities had million-people attendance, TV audience and social media followers (Facebook and Twitter) in 2015

Expansion of Raízen's global presence and advancement of sugar cane ethanol in international markets by: (i) identification and analysis of strategic potential markets and clients for fuel and industrial ethanol; (ii) exploration of business opportunities in the US, EU, Africa and Asian markets; (iii) Advocacy and strategic monitoring of level-playing field in sustainability legislation e.g. ILUC and major sustainability definitions within biofuels legislation in key markets; (iv) Deep dive analysis of Chinese biofuel market and development of business opportunities; (v) Business advocacy review of the RFS2 rule and CARB, promoting E85 supply in California.

HSSE (Lost Time Incident Index reduced by 46% compared to previous crop year); Sustainable Development (116K people directly impacted by Social Responsibility projects), (Landmark Cooperative Technical Term Agreement signed with the National Indian Foundation in Brazil), Certifications (World's 1st Bonsucro sugarcane mill certification - total of 4 mills certified in 2011, representing 14% of the total ethanol production and 10,7% of crushed cane), (EPA 15 Mills / 10% of the total mills certified in Brazil, Carb 15 Mills / 20% of the total mills certified in Brazil) Risk and Crisis Mgmt (Creation of the department and implementation of Crisis Mgmt Corporate Guidebook) External Affairs and Communications (Increased presence in the media by 700% after the creation of Raízen, with approximately 90% of positive releases), (Developed and implemented Institutional and Media Relations Corporate Guidebook)