Documents and Announcements

Information to the Market - Clarification to CVM

CLARIFICATION REQUEST
 
NOTIFICATION Nr. 94/2017/CVM/SEP/GEA-1
 
Rio de Janeiro, February 17th, 2017
 
To
Mr. Werner Romera Suffert
Investor Relations Officer
BB SEGURIDADE PARTICIPAÇÕES S.A.
Rua Alexandre Dumas, 1671
Térreo, Ala B - Chácara Sto Antônio
SAO PAULO - SP
CEP: 04717-903
Phone: (11) 4297-0730/ Fax: (11) 3538-3882
E-mail: ri@bbseg.com.br
c.c: emissores@bvmf.com.br; ccarajoinas@bvmf.com.br; apereira@bvmf.com.br
 
Subject: Clarification request on news published in press
 
Dear Sir, 
  1. We refer to an article published on 02.16.2017 by the newspaper O Globo with the subject “Filho de Lobão está entre os alvos de ação da PF por desvios em Belo Monte” reporting that Mr. Márcio Lobão, Chief Executive Officer of Brasilcap, became target of Brazilian Federal Police investigation named Lava-Jato (“Car Wash”), and that it was issued a search and seizure warrant for his residence, as well as for Brasilcap’s headquarter.
  2. Regarding to the news, I ask the company to disclose the effects on BB Seguridade S.A. operatios, since the company holds an equity stake of Brasilcap and Mr. Márcio Lobão is Brasilcap’s CEO.
  3. The Company’s response must be sent through Empresas.NET system, selecting the Category: Information to the Market, the Type: Clarification on CVM/BOVESPA requests and, then, the Subject: News published in press. The content of this notification must be transcribed in the answer.
  4. As determined by the Superintendência de Relações com Empresas (“Superintendence of Companies Relation”), using its legal assignments and based on the subsection I, article 9, of the Federal Law 6,385/76, and on the CVM Rule Nr. 452/07, fines amounting to R$1,000.00 and other penalties will be applied if the company does not reply up to 02.20.2017, notwithstanding the provisions of the sole paragraph of article 6 of CVM Rule 358/02.
 
RESPONSE TO THE CLARIFICATION REQUEST
 
Sao Paulo, February 20th, 2017
 
To
Ms. Nilza Maria Silva de Oliveira
Manager of the Superintendence of Companies Relation
Division of Companies Monitoring 1 (GEA-1)
Superintendence of Companies Relation (SEP)
Brazilian Securities and Exchange Commision (CVM)
 
Subject: Clarification to the notification Nr. 94/2017/CVM/SEP/GEA-1
 
Dear Manager.
 
In response to the request of clarification afore mentioned, we inform that Brasilcap’s Board of Directors asked on February 16th, 2017 further information to the executive officer.
 
As observed in the publication the facts are not related to Brasilcap activities and to the carry out of the CEO attributions. Thus, we do not expect impacts for Brasilcap and as consequence for BB Seguridade.
 
On February 17th, 2017, the CEO of Brasilcap asked a temporary 30 days term withdrawal from his position, which was accepted by the Board of Directors at the same date.
 
Hereby, BB Seguridade and Brasilcap reinforce their commitment with the highest level of corporate governance standards to which they are subject, not accepting illegal acts and remaining at the disposal of the authorities to provide any requested information.
 
Kind regards. 
 
Werner Romera Süffert
CFO