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Material Fact - Toll Adjustment at Concer

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MATERIAL FACT

TOLL ADJUSTMENT AT CONCER

São Paulo, December 14, 2018 - TPI - Triunfo Participações e Investimentos S.A. ("Company") (B3: TPIS3) and its subsidiary Concer – Companhia de Concessão Rodoviária Juiz de Fora – Rio S.A. (“Concer”) hereby announce to the market and its shareholders that was published today in the Official Gazette a resolution by the Collegiate Board of the National Ground Transport Agency (“ANTT”) that approves a toll rate adjustment, as contractual provision, from R$10.80 to R$11.60 as of midnight of December 17, 2018. The adjustment stands for the IPCA inflation index for the last two years of 7.52%.

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14 December 2018