News

NOTICE TO THE MARKET

Brazil, Rio de Janeiro, March 27, 2017 - Brasil Brokers Participações S.A. ("Company"), a publicly-held company with common shares traded on the Novo Mercado of BM&FBOVESPA under the code BBRK3, referring to the Notice to the Market published on March 27, 2017, hereby announces the following:

As previously announced, on last Friday, March 31, 2017, Messrs. Ney Prado Junior and Rodrigo Cury Sampaio de Miranda Pavan resigned from the positions of chairman and of sitting member of the Company‘s Board of Directors, respectively. On the same date, Mr. Felipe Gottlieb, was elected as sitting member and, pursuant to Brasil Brokers‘ Bylaws, his term of office will be terminated at the next Annual Shareholders‘ Meeting ("ASM") of the Company.

This ASM will be regularly convened on April 13, 2017 and held on April 28, 2017, as updated on the Corporate Events Calendar presented today. Accordingly, the Company‘s management expects to have time to appoint the candidates for the Board of Directors to fulfill the term of office up until the Annual Shareholders‘ Meeting that will approve the results for the fiscal year ending on December 31, 2017.

It should be clarified that, until the Board of Directors has again 5 sitting members, it will be chaired by Mr. Sidney Breyer, an independent member who, until then, worked in the position of vice chairman of the board. At the first Meeting of the Board of Directors when it has once again five sitting members, it will be decided who will become the chairman until the end of the term of office.

Lastly, we remind you that the Extraordinary Shareholders‘ Meeting ("ESM") of the Company will also be held on April 28, 2017, to approve the Stock Option Plan of its own issue, as convened on March 27, 2017. The documents required for both the ASM and the ESM are already available to the shareholders on the websites of CVM and of the Company itself.

Click here for the Notice to the Market.

IR Contact:
Phone: +55 (21) 3433-3000
ri@brbrokers.com.br