Board Member. Mr. Schettert has been a member of the Company’s board of directors since August 2005 and was appointed by the Investment Funds in accordance with the shareholders' agreement. He has a degree in Chemical Engineering and Business Administration. Before joining TAM he worked for Unibanco - União de Bancos Brasileiros S.A. (or Unibanco) Crefidata - Processamento de Dados do Banco Crefisul S.A. the Prefeitura Municipal de Porto Alegre and Banco Industrial de Investimento do Sul S.A.. In addition during his time at Unibanco he occupied several executive positions including the position of vice president. Mr. Schettert worked as a professor at Universidade Federal do Rio Grande do Sul Universidade Católica de Pelotas and Instituto Educacional São Judas Tadeu. He was also formerly a member of the board of directors of Companhia Siderúrgica Tubarão.