News

NOTICE TO THE MARKET

Brazil, Rio de Janeiro, March 09, 2018 - Brasil Brokers Participações S.A. ("Company"), a publicly-held company, with common shares traded on the Novo Mercado listing segment of the B3 under the ticker BBRK3, in accordance with article 12, paragraph 6 of CVM Instruction 358/02 and its future amendments, hereby informs its shareholders and the market in general that it has received a correspondence from Morgan Stanley, communicating that, through its subsidiaries Morgan Stanley Capital Services LLC; Morgan Stanley & Co. LLC; Morgan Stanley Uruguay Ltda.; Morgan Stanley & Co. International plc; Morgan Stanley Smith Barney LLC; Caieiras Fundo de Investimento Multimercado; Fómula XVI Fundo de Investimento Multimercado Crédito Privado - Investimento no Exterior, it has reached a position/exposure equivalent to 9.7% of all the Company’s common shares.

The position already includes the 24,897,384 common shares issued by the Company.

Finally, it declared that it has reached a purchase (long) exposure through derivative financial instruments, with settlement forecast in 5,000,000 Company common shares, or 2% of the Company’s total common shares; and a sold (short) exposure through derivative financial instruments, with settlement forecast in 34,648,051 Company common shares, or 13.5% of the Company’s total common shares.

Morgan Stanley declares that it does not intend to change the Company’s ownership or management structure.

The original correspondence is attached this notice and filed at the Company’s headquarter.