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Material Fact - Out-Of-Court Reorganization

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MATERIAL FACT

OUT-OF-COURT REORGANIZATION 

São Paulo, November 3, 2017 - TPI - Triunfo Participações e Investimentos S.A. (“Triunfo” or “Company”) (B3: TPIS3), complementing the Material Fact Notices of July 22 and 25, 2017, hereby announces to its shareholders and the market the decision of the 2nd Bankruptcy Court of São Paulo announced on November 1, 2017, regarding the out-of-court reorganization of Triunfo and others, as well as its subsidiary Companhia de Concessão Rodoviária Juiz de Fora – Rio (Concer).
 
The decision rejected all the objections submitted by the Creditors and determined that the Company file, within five (5) days, the complete nominal list of all the creditors with legal specifications of the amounts owed to them. Creditors may file their objections only with regard to this list, within fifteen (15) days. In addition, the decision determined the nullity of clause V.8 of the Out-Of-Court Reorganization Plan, which establishes the suspension of payment to creditors who do not adhere to the hypothesis of attributing supersedeas against approval of the Plan, until the final judgment of said appeal. 
 
The Company will keep its shareholders and the market informed of further developments in the process. 
 
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3 November 2017