Brazil, Rio de Janeiro, July 13, 2017 - Brasil Brokers Participações S.A. ("Company" or "Brasil Brokers"), a publicly-held company with common shares traded in the Novo Mercado segment of B3 under ticker BBRK3, referring to the Notice to Shareholders disclosed on June 13, 2017 ("1st Notice"), through which it announced the approval of the increase of the Company‘s capital stock within the authorized capital limit, hereby provides the following clarifications to its shareholders:

Pursuant to item 4, (xiv) of the 1st Notice, the deadline for exercising the preemptive right to subscribe the shares resulting from the Capital Increase will end on July 19, 2017. However, the shareholders who choose to exercise their preemptive rights through custodians with the B3 Central Securities Depository must comply with the maximum term established by B3, which will be on July 17, 2017.

Some custodians may set internal deadlines prior to the deadline established by B3. We therefore recommend that shareholders ask their custodians of any specific internal procedure.

Shareholders must pay attention to the deadline established by B3, given that, after the deadline, it will only be possible to exercise their preemptive rights in the book-entry environment , going to one of the specialized branches of Banco Itaú, with the following documents:

(a) Individuals. Identity Document, Individual Taxpayer‘s ID of the Ministry of Finance (CPF/MF) and proof of address.

(b) Legal Entity. A simple copy of the articles of incorporation or bylaws and the minutes of the meeting or shareholders‘ meeting that elected the current management members, duly filed at the Commerce Registry or the Civil Registry of Legal Entities, and proof of address.

(c) Representation. If represented by proxy, it will be necessary to present the respective notarized power of attorney.

Specialized Itaú Branches:
Belo Horizonte: Av. João Pinheiro, 195 - Subsolo - Centro
Rio de Janeiro: Av. Almirante Barroso, 52- 2º andar - Centro
São Paulo: R. Boa Vista, 176 - 1º Subsolo - Centro
Salvador: Av. Estados Unidos, 50 - 2º andar - Comércio

For questions or further information from the Bookkeeping Agent:

3003-9285 (state capitals and metropolitan areas)
0800 7209285 (other locations).

Customer service hours are on business days from 9:00 a.m. to 6:00 p.m.

Click here for the Notice to Shareholders.