Governance

Corporate governance structure, ownership, leadership and key documents.

Capital Structure & Ownership

The Shareholder's structure table will be updated on a quarterly basis according to our Earnings Results.

Shareholder Class A Class B Total Shares % Total Shares % Voting Power
As of 08/13/2026
Bertelsmann SE&Co. KGaA 27,001,946 34,074,134 61,076,080 65.2% 83.4%
Esteves Family 5,335,295 4,500,000 9,835,295 10.5% 11.4%
Treasury 5,314,449 – 5,314,449 5.7% 1.2%
Officers 675,394 – 675,394 0.7% 0.2%
Free Float 16,821,613 – 16,821,613 17.9% 3.8%
Total 55,148,697 38,574,134 93,722,831 100% 100%

*The information presented is based on public filings made with the U.S. Securities and Exchange Commission (SEC).

**Treasury shares were considered to calculate the percentage of total shares and voting power.

***Treasury shares as of 07/02/2026

Officers and Directors

Meet the experienced leaders driving Afya’s vision. Our Board of Directors and Executive Officers combine deep expertise in education and healthcare to lead our strategic growth.

Board of Directors Office Bio
Nicolau Carvalho Esteves Co-Chairman of the Board
Kay Krafft Co-Chairman of the Board
Benedikt Dalkmann Director
Christina Krebs Director
Renato Tavares Esteves Director
Vanessa Claro Lopes Independent Director
Miguel Filisbino Pereira de Paula Independent Director
Marcelo Ken Suhara Independent Director
Executive Officers Office Bio
Virgilio Deloy Capobianco Gibbon Chief Executive Officer
Lélio de Souza Vice President of Innovation & Digital Services
Luis André Blanco Chief Financial Officer
Senior Management Office Bio
Anibal Sousa Legal and Compliance VP
Denis Del Bianco Continuing Education VP
Érico Ribeiro Undergrad VP
Mirella Gomiero People & Management, Services and IT VP
Gustavo Meirelles Chief Medical Officer

Committee Composition

Our governance structure includes oversight by the Board and its committees, ensuring transparency, accountability, and responsible management.

Senior Management Audit & Risk Committee ESG & People Committee
Miguel Filisbino Pereira de Paula
Vanessa Claro Lopes
Marcelo Ken Suhara
Rafael Munerato de Almeida
Renato Tavares Esteves
Kay Krafft
Christina Krebs

Governance Documents