Read without ads and support Scribd by becoming a Scribd Premium Reader.

Language:

Download

Go BackAdd Note

Link

Embed

Save for later

phone

MANAGEMENT PROPOSALMANAGEMENT AND AUDIT COMMITTEE REMUNERATION

Instruction CVM 481, of December 17, 2009Article 12Klabin S.A.’s management submits to the General Meeting the following proposalfor remuneration of the management bodies and the Audit Committee for the fiscalyear 2012:Management BRL 30,000,000.00Audit Committee BRL 1,700,000.00 This is the proposal that the Management submits to the General Meeting.São Paulo, March 2, 2012.

Daniel Miguel Klabin

Chairman of the Board of Directors

Antonio Sergio Alfano

Finance, Planning and Investor Relations Officer

Klabin

Av Brig Faria Lima 360004538-132 São Paulo SPtel 11 3046 5800www.klabin.com.br

phone

PROPOSAL FOR DESTINATION OF THE NET PROFIT

Attachment 9-1-11 of Instruction CVM no. 481, of December 17, 2009

Management Proposal:

Destination of the monies in the fiscal year 2011, including the net profit in thefiscal year and the amounts of realizations, constitutions, reserve reversals anddividend distribution to shareholders, as shown in the referred to FinancialStatements (amounts in BRL):

Composition of the balance of Retained Earnings

a) Net Profit in the fiscal year ........................................................182,721,032.95b) Realization of Reserve for Revaluation..............................................713,432.93c) Realization of Biological Asset Reserve (Proprietary)...................113,576,774.06d) Realization of Biological Asset Reserve (Subsidiaries) (*)..............66,225,521.05e) Reversal of Reserve for Investments and Working Capital for distribution of the2011 proposed complementary dividends........................................41,479,458.80.......................................................................................................404,716,219.79

Destinations

f) Constitution of Legal Reserve (5% of the net profit..........................9,136,051.65g) Constitution of Asset Biological Reserve (Proprietary) ..................72,474,512.40h) Constitution of Asset Biological Reserve (Subsidiaries) ..............106,106,320.00i) Fiscal year 2011 anticipated dividends, as approved by the Board of Directors:

in the meeting of June 21, 2011:

•

BRL 86.51 per lot of 1,000 common shares..............................27,408,752.48

•

BRL 95.16 per lot of 1,000 preferred shares ............................54,589,384.06

In the meeting of September 22, 2011:

•

BRL 58.22 per lot of 1,000 common shares..............................18,445,700.72

•

BRL 64.04 per lot of 1,000 preferred shares ............................36,557,601.14.......................................................................................................137,001,438.40 j) Proposal of complementary dividends: from fiscal year 2011:

•

BRL 84.74 per lot of 1,000 common shares..............................26,847,967.69

•

BRL 93.21 per lot of 1,000 preferred shares ............................53,149,929.65........................................................................................................79,997,897.34.......................................................................................................404,716,219.79(*) Contained in equity earnings The dividend total corresponds to 100% of the adjusted net profits as provided forunder the law and in Klabin S.A.’s Corporate By-laws and part of the Reserve forInvestments and Working Capital...................................................216,999,335.74São Paulo, February 23, 2011. THE BOARD OF DIRECTORS

Klabin

Av Brig Faria Lima 360004538-132 São Paulo SPtel 11 3046 5800www.klabin.com.br

phone

1. Net Profit in the fiscal year - BRL thousand..................182,721,032.952. Total Amount and value per share of the dividends, includinganticipated dividends and interest on own capital already declared:DividendsType of ShareTotalONPN

Distributed - BRL thousand45,854,453.2091,146,985.20137,001,438.40Proposed26,847,967.6953,149,929.6579,997,897.34 Total72,702,420.89144,296,914.86216,999,335.74

Percent of the net profit in the fiscal year distributed and adjustedunder the terms of the law ............................................................100%4.

Total amount and value per share of the dividends distributed withbasis on profits in previous fiscal years.............................Not applicable5.

Inform, after deducted anticipated dividends and interest on owncapital already declared:

a) The gross amount of dividends and interest on own capital, on an individualbasis, per share of each type and class:

•

Common Nominative................................................................26,847,967.69

•

Preferred Nominative...............................................................53,149,929.65 Total.................................................................................................79,997,897.34b) Form and term for dividend payment...On a lumpsum within up to 20 days fromthe date when the Ordinary General Meeting (OGM) is heldc) Eventual incidence of monetary correction and interest on dividends............Notapplicabled) Deadline for statement of dividend payment considered for identification of shareholders entitled to receive it.................................................Date of the OGM

In case there has been a statement of dividend payment with basis onprofits recorded in half-yearly or lower-term balance sheetsDescriptionStated onPaid onGross Amountper ShareTotal AmountDividends06/21/201107/15/2011ON BRL0.08651ON BRL0.09516BRL81,998,136.54Dividends09/22/201110/11/2011ON BRL0.05822ON BRL0.06404BRL55,003,301.86Total - BRLthousand .........................................................................................137,001,438.407. Comparative Table indicating the following amounts per share of eachtype and class:201120102009

Klabin

Av Brig Faria Lima 360004538-132 São Paulo SPtel 11 3046 5800www.klabin.com.br