GOL Linhas Aéreas Inteligentes S.A. announced the realignment of its leadership team as the Company enters the next phase of its growth and development. Richard Lark returns to GOL's Board of Directors and Mario Liao will assume the responsibilities of Investor Relations Officer. With a long track record working together, they will continue to collaborate closely on important initiatives that will ensure sharing of best practices and that synergies are captured across the Abra Group.

Currently EVP, CFO and IRO, Richard Lark rejoins GOL's Board of Directors, on which he served between 2008 and 2016. Richard is also Co-President of Abra Group, and in that capacity will continue to work with the GOL team. He has been with the Company since 2003 and was its first CFO.

Richard then served on the Board for eight years and reassumed the CFO role in 2016. Over his 20 years at GOL, he led the Company's initial public offering simultaneously on the New York and São Paulo Stock Exchanges, pioneered innovative financings that raised over US$7 billion for the Company and engineered a series of impactful strategic realignments. Abra's pan-regional platform is comprised of the lowest operating cost airlines, GOL and Avianca, and market-leading loyalty programs, Smiles and LifeMiles.

In Richard's new role as part of Abra Group's leadership, he will be working with the management teams to further reduce costs, achieve greater economies of scale, continue to operate a state-of-the-art fleet of aircraft, and expand routes, services, product offerings, and loyalty programs. While Abra's operating airlines will maintain independent brands, talent, teams, and culture, they will also benefit from greater efficiencies and investments on an aligned platform that streamlines costs and generates growth.