São Paulo, March 4, 2022 - The Board of Directors of the construction company OEC will be chaired by Héctor Núñez. The executive also takes over as CEO of the infrastructure holding Novonor S.A., OEC's parent company, which has investments in sectors such as the petrochemical industry, oil and gas exploration, and real state, among others.

Héctor Núñez is Cuban-American and has lived in Brazil for more than 20 years. He has been with the Novonor Group since 2021, having taken a seat on the OEC Board in October of that year. Prior to that, the executive was Vice President of Operations for Coca-Cola in several countries and President of Walmart and Ri Happy in Brazil. As chairman of OEC's Board, Núñez will work together with seven other members, two of whom are women and three are independent members.

In the last year, OEC's project portfolio has grown substantially, with an increase of $845 million in new contracts. Novonor and OEC have received important certifications of quality in governance and compliance management, such as the International Seal ISO 37001, and OEC has recently undergone an external audit that expands the scope of the certification to all the operations of the construction company in the various countries where it operates, such as Brazil, the United States, Peru, Panama, and Angola.