Documents and Announcements

Material Fact - Share Buyback Program

Pursuant to § 4 of Article 157 of Law 6,404, dated December 15th, 1976 and according to CVM (Brazilian Securities and Exchange Commission) Rule 358 (“CVM 358”), dated January 3rd, 2002, and CVM Rule 567 (“CVM 567”), dated September 17th, 2015, BB Seguridade Participações S.A. (“BB Seguridade”) hereby informs that:

I – concluded the Company’s Share Buy Back Program, approved by its Board of Directors on October 15th, 2015, according to the Material Fact released to the market on the same date. During the period BB Seguridade bought 3,360,000 (three million, three hundred and sixty thousands) common shares issued by her, amount that represents 0.50% of its paid-in capital, for the average price of R$24.46; and

II – approved today, by the Board of Directors, a new Share Buyback Program, as follows:    

(i)    purpose: acquisition of outstanding shares in the free-float to be either held in treasury for future sale or cancellation, without capital reduction, with the objective of adding value to shareholders;

(ii)    outstanding shares:
a)    free-float: 674,987,044 shares, as defined by the CVM rule 567;
b)    in treasury: 3,393,453 shares;
c)    to be acquired/sold: up to 10 million shares;

(iii)    term of the program: up to 12 months, starting on 10.27.2016 and ending on 10.26.2017;

(iv)    broker: Bradesco S.A. Corretora de Títulos e Valores Mobiliários, located at Av. Paulista, 1450 – 7º Andar – Bela Vista – CEP 01310-917, São Paulo/SP.
Further information about the program as required by the CVM rule 567 can be found attached to the Minute of the Board of Directors Meeting available at and

Brasilia (DF), October 27th, 2016.

BB Seguridade Participações S.A.

Werner Romera Süffert