Companhia Paranaense de Energia - COPEL (ELP)
Filed: 15 May 18, 1:50pm
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____COMPANHIA PARANAENSE DE ENERGIA - COPEL
Corporate Taxpayer’s ID (CNPJ) 76.483.817/0001-20
CVM Registry No. 1431-1
1. VENUE: Rua Coronel Dulcídio nº 800, Curitiba - PR.2.DATE:May 14, 2018 - 9 a.m.3. PRESIDING BOARD: MAURICIO SCHULMAN; and DENISE TEIXEIRA GOMES - Secretary.4. MATTERS DISCUSSED AND RESOLUTIONS TAKEN:
I. The CEO presented information on several corporate matters.
II. The Board of Directors unanimously accepted the guidance of the Majority Shareholder and decided to dismiss Mr. Deonilson Roldo from his positions of Business Management Officer of Copel.
III. The Board of Directors unanimously resolved to approve the Management’s Report of Internal Controls and the Action Plans proposed by the Executive Board, with the due adjustments proposed by the Board of Directors, to mitigate the shortcomings mentioned.
IV. The Board of Directors unanimously resolved to approve the Company’s 20-F-2017 Report, which includes the adjustments suggested by the Board of Directors and sent it to the Securities and Exchange Commission (SEC).
V. The Board of Directors unanimously resolved to approve the Management’s Annual Report and the Financial Statements for 2017, restated with adjustments in 2015 and 2016 due to the investment held by the subsidiary UEG Araucária, and submit them to the Fiscal Council and to the Shareholders’ Meeting of Copel, as well as file them at the Brazilian Securities and Exchange Commission (CVM), at the Securities and Exchange Commission (SEC), the New York Stock Exchange and at the Madrid and São Paulo Stock Exchanges.
VI. The Board of Directors unanimously resolved to ratify the Proposal of the Executive Board for the Allocation of Net Income Verified in 2017 and for the Payment of the Profit Sharing Concerning the Integration between Capital and Labor and Incentive to Productivity.
VII. The Board of Directors received further information on the compliance of Copel’s bylaws with the current legislation and guided the Board of Governance, Risk and Compliance to coordinate a meeting with the shareholders, the State Government and BNDESPAR, to jointly align and prepare a proposal to be presented to the Shareholders’ Meeting, to be held up to June 30, 2018.
VIII.The Board of Directors received the report from the Company’s Audit Committee on several matters.
IX. The Board of Directors unanimously resolved to approve the correction of the deadline set forth in item “f” of item 1 of the minutes of the 169th Extraordinary Meeting of the Company’s Board of Directors, held on May 4, 2018, which erroneously included one hundred and eighty (180) calendar days, when the correct one is one hundred and eighty-four (184) calendar days.
X. The Board of Directors unanimously authorized the ratification of the other provisions in the 169th Extraordinary Meeting of the Company’s Board of Directors held on May 4, 2018, which were not corrected in the resolution of item IX of this Summary.
5. SIGNATURES:MAURICIO SCHULMAN - Chairman; ADRIANA ANGELA ANTONIOLLI; GEORGE HERMANN RODOLFO TORMIN; JONEL NAZARENO IURK; LEILA ABRAHAM LORIA; MARCO ANTÔNIO BARBOSA CÂNDIDO; OLGA STANKEVICIUS COLPO; ROGÉRIO PERNA; SERGIO ABU JAMRA MISAEL; and DENISE TEIXEIRA GOMES - Secretary.
The full text of the minutes of the 170th Extraordinary Meeting of Copel’s Board of Directors was drawn up in the Company’s proper book No. 9.
DENISE TEIXEIRA GOMES
Secretary
| COMPANHIA PARANAENSE DE ENERGIA – COPEL | ||
| By: | /S/ Jonel Nazareno Iurk | |
Jonel Nazareno Iurk Chief Executive Officer | ||
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