1Q13 Results - MZ Brazil

1Q13CORPORATE GOVERNANCEOn April 29, HRT held its Annual Shareholder’s Meeting to elect its new Board of Directors. The votingprocedure resulted in the election of additional three independent members. John Anderson Willott waselected as the Chairman and Oscar Prieto as the Vice Chairman of the Company’s Board of Directors.The Board was completed, with a mandate of two years, by: Marcio Rocha Mello, Wagner Elias Peres, EliasNdevanjema Shikongo, François Moreau, Joseph P. Ash, Peter L. O’Brien, Stefan Alexander, Thomas W.Ebbern and Charles Laganá Putz.The Annual Shareholder’s Meeting also elected the Company’s Fiscal Council, composed of three fullmembers, appointed by majority of votes: Jaime Luiz Kalsing, Marcelo Joaquim Pacheco and EdmundoFalcão Koblitz, and three alternate members: Arnaldo José Vollet, Murici dos Santos and Fábio Gameleira.| Page 4 |