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Mr. Nakano has been a member of the Company‘s Board of Directors since April 29, 2004, and a member of the Audit Committee since June 24, 2005. He is also a member of the Board of Directors of Transnordestina Logística S.A. (jointly controlled by CSN). In the last five 5 years, Mr. Nakano has been a Professor of Economics and an Officer at the Getulio Vargas Foundation (FGV/SP), a member of the Superior Economic Council (COSEC) of FIESP/Roberto Simonsen Institute and a member of the Board of Directors of the São Paulo State Research Support Foundation – FAPESP until 2015. Previously, Mr. Nakano was Special Secretary for Economic Affairs at the Ministry of Finance and São Paulo State Finance Secretary. He graduated in Business Administration from the Getulio Vargas Foundation and has an MBA and a Ph.D. from Cornell University, in the USA.