Novo Mercado (New Market) is a listing segment of B3 for the trading of shares issued by companies that commit themselves voluntarily to adopt corporate governance practices in addition to those that are required by law. The value and liquidity of the shares are positively influenced by the degree of security offered by the rights granted to shareholders and the quality of information provided by the companies. This is the basic premise of the Novo Mercado. Also present in the Listing Rules, some of these commitments must be approved in General Meeting and included in the Company's Bylaws.