CCR S.A. (“CCR” or “Company”) (B3:CCRO3; Bloomberg: CCRO3BZ; Reuters: CCRO3.SA), based on the provisions of CVM Instruction 480, of December 07, 2009, as amended, hereby announces to its shareholders and to the market in general the following transaction between related parties, signed on March 09, 2018:
|Name of the Related Parties||
Concessionária do Sistema Anhanguera-Bandeirantes S.A. (“CCR AutoBAn”) and CAMARGO CORRÊA INFRA CONSTRUÇÕES S.A (current name of CAMARGO CORRÊA INFRAESTRUTURA S.A.) (“CCIC”).
CCR AutoBAn: Direct subsidiary of CCR.
CCIC: Indirect subsidiary of Camargo Corrêa S.A. (“CCSA”), who is the direct parent company of Camargo Corrêa Investimentos em Infraestrutura S.A. (“CCII”) and direct and indirect parent company of CC Investimentos e Participações S.A. (current name of VBC Energia S.A. (“CCIP”), with CCII and CCIP, together, are part of “GRUPO CAMARGO CORRÊA”, which is one of the controlling groups of the Company, with a interest 14.86% of the shares.
Therefore, CCIC and the Company have an indirect parent company in common, that is, the CCSA.
|Purpose of the Agreement and the respective amendments||Agreement of Contract Work (“Agreement”): Implementation of the services for the deployment of a new road system to access the city of Jundiaí-SP – “COMPLEXO JUNDIAÍ”, located between km 55+900 and km 62+000, north and south lanes of the Anhanguera Highway (SP-330), entered into May 03, 2016. The deadline to carry out of the construction works will be of twenty-four (24) months, as of the date of the service order by the contracting party.
1st Amendment: Decrease of the amount of the Agreement due to changes in the project scope and amendments, signed on November 04, 2016. The deadline to carry out of the construction works will be of seven hundred and thirty (730) days, as of the date of the issue of the service order by the contracting party.
2nd Amendment: Increase of the amount of the Agreement due to the amendments of the projects and services not originally provided for, signed on March 09, 2018. No amendment to the deadline to carry out of the construction works.
|Amount of the Agreement and the respective amendments||
Amount of the original Agreement: One hundred and twenty-five million, nine hundred and fifty-one thousand, nine hundred and sixty-nine reais and twenty-one cents (R$125,951,969.21).
Consolidated amount of the Agreement after the amendments: One hundred twenty-six million, six hundred and forty-three thousand, two hundred and fifty-five reais and ninety-three cents (R$126,643,255.93).
|Reasons why the Company’s Management considers that the transaction complied with the commutative conditions or provides for the adequate compensatory payment|| The Company’s Management considers that the transaction hereby announced complied with the commutative conditions given the following reasons:
|Information on the possible participation of the counterparty, its shareholders or management in the decision-making process of the Company on the transaction or on the negotiation of the transaction, as representatives of the Company, describing this participation||The members of the Board of Directors of CCR, appointed by the companies CCII and CCIP (Controlling Group Camargo Corrêa), abstained on resolving on the contracting, in a Meeting of the Board of Directors of the Company held on February 19, 2018, approved the signing of the amendments.
The members of the Board of Directors of CCR AutoBAn unanimously approved signing the amendments at a meeting held on February 19, 2018.
São Paulo, March 20, 2018.
ARTHUR PIOTTO FILHO
Investor Relations Officer