News

NOTICE TO THE MARKET


Brasil Brokers Participações S.A. ("Company"),a publicly held company with common shares traded in the Novo Mercado segment of B3 under the ticker BBRK3, proceeding with the strategy of expanding its economic group, hereby informs its shareholders and the market in general that as of September 1, 2018, Mr. Andreas Yamagata will take on a new challenge at the Company by serving as Chief Executive Officer at Credimorar Assessoria de Crédito Ltda. ("CrediMorar"), a wholly owned subsidiary of Brasil Brokers.

Mr. Andreas Yamagata was elected CFO, Controller and IRO of the Company on November 30, 2016 and has held this position since then without interruptions. In the beginning of 2018, Mr. Andreas Yamagata began dedicating a considerable part of his time to real estate credit intermediation operations carried out by CrediMorar. Mr. Andreas Yamagata will now be able to dedicate himself exclusively to the strategy of expanding CrediMorar‘s financial services platform, which reached an overall turnover of R$519 million in the first half of 2018, versus R$128 million in the same period of 2017, an increase of 306%. Brasil Brokers congratulates Mr. Andreas Yamagata for his new challenge as CEO of CrediMorar.

In line with the Company‘s commitment to reduce administrative expenses, the Board of Directors decided that the position of CFO, Controller and IRO will be temporarily held by the Chief Executive Officer, Mr. Claudio Kawa Hermolin, who will continue to rely on the support of the team led by Executive Officer Pedro Alvarenga.

Rio de Janeiro, August 31, 2018.

Click here for the Notice to the Market

IR Contact:
Phone: +55 (21) 3433-3043
ri@brbrokers.com.br