WEG S.A. DEALING WITH RELATED PARTIES POLICY
1. WEG S.A. may, subject to the rules set out in this Policy, enter into contracts to hire service
providers that are related parties to the controlling shareholders ("related parties") as
defined by the applicable laws and regulations.
2. The same internal standards, policies and procedures that are applicable in the processes
of selection and contracting suppliers and service providers will be valid and must be
strictly complied in contracting with related parties. Such compliance must be formally
documented.
3. All contracting decisions with related parties shall be solely made by the Executive Board
and must be approved by the Board of Directors by affirmative vote of the Independent
Directors.
4. Under no circumstances may a related party be the exclusive provider of a service.
5. Under no circumstances the contractual conditions and terms established with related
parties, including but not limited to those on prices, terms and penalties, may be more
favorable to the related party than those practiced with any other vendor or service
provider.
6. Contracts with related parties will be subject to review by the Intern Audit Department and
the independent auditor of the WEG, which will assess compliance with the standards set
forth in this Policy. The compliance reports shall be submitted to the Board of Directors.
7. All contracts with related parties, including values and conditions, will be regularly
disclosed, in accordance with current regulations issued by the securities regulator
Comissão de Valores Mobiliários (CVM).
Approved at the Board of Directors’ Meting held on June 21, 2011