Brazil, Rio de Janeiro, March 27, 2017 - Brasil Brokers Participações S.A. ("Company"), publicly-held company with common shares traded in the Novo Mercado of BM&FBOVESPA under the code BBRK3, hereby announces to its shareholders and to the market in general that, on this date, Messrs. Ney Prado Junior and Rodrigo Cury Sampaio de Miranda Pavan, respectively Chairman and sitting member of the Company’s Board of Directors, will continue to perform their current duties only until March 31, 2017.

Both Mr. Ney Prado Junior and Mr. Rodrigo Pavan claimed that purely personal reasons led them to make such decision.

The remaining Members of the Board of Directors announced that Mr. Felipe Gottlieb, an economist graduated from PUC-Rio, holder of a MBA with distinction from the Wharton School of the University of Pennsylvania, USA, will be elected to occupy one of the vacancies on the Board of Directors. Mr. Felipe Gottlieb works as Principal in the team of Private Equity of BTG Pactual and, for 2 years, has been attending most meetings of the Board of Directors as a guest. The term of office of Mr. Felipe Gottlieb will end at the next Annual Shareholders‘ Meeting ("ASM") of the Company, when his election will be subject to the approval by the shareholders. The other sitting member of the Board of Directors will be timely informed.

Finally, the Company thanks Messrs. Ney Prado Junior and Rodrigo Pavan for the services rendered as sitting members of the Board of Directors, wishing them happiness and success in their new challenges.

Click here for the Notice to the Market.

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