On March 13th 2018, the Securities and Exchange Commission (“CVM”) decided on the extension of the submission of the Report on the Brazilian Corporate Governance Code for Publicly-Held Companies, with the objective that publicly-held companies have sufficient time to meet the defined term in paragraph 1 of art. 29-A, of “CVM” Instruction 480/2009.

According to this instruction, the issuer registered in category A authorized by a market management entity to trade in shares or certificates of deposit of shares on a stock exchange shall deliver the Report on the Brazilian Code of Corporate Governance – Publicly-Held Companies, within 7 (seven) months as of the closing date of the fiscal year.

The Collegiate of Autarchy extended, exceptionally, until October 31st 2018, the final deadline for delivery of the Report.