CCR S.A. (“Company”) (B3: CCR03; Bloomberg: CCR03 BZ; Reuters: CCR03.SA), in continuity with the notice of material fact released on November 29, 2018, and considering the news published by the media regarding the Settlement Agreement entered into with the Public Prosecution Office of São Paulo (“Settlement Agreement”), hereby informs that, as per the aforementioned news, on July 15, 2019, the State of São Paulo brought an appeal against the homologation of the Settlement Agreement, claiming the impossibility of a settlement agreement to deal with administrative improbity issues, and seeking to revert the entire consideration imposed on the Company under the Settlement Agreement exclusively to the State of São Paulo.
The Company reaffirms that the Settlement Agreement was concluded in accordance with the parameters established by the Public Prosecution Office of São Paulo, and that it will continue to cooperate with the public authorities.
The Company will keep its shareholders and the market in general duly informed about any developments related to this subject.
To access the Material Fact, click here.
São Paulo, July 18, 2019.
Arthur Piotto Filho
Investor Relations Officer