MATERIAL FACT

 CCR S.A. (“CCR” or “Company”) (B3: CCR03; Bloomberg: CCR03 BZ; Reuters: CCR03.SA), informs its shareholders and the market in general that, within the process conducted by its People and Governance Committee for the succession of the Company’s current Chief Executive Officer (“CEO”), as per the Material Fact released on September 26, 2019, the Board of Directors approved, at a meeting held today, the election of Mr. Marco Antônio Souza Cauduro as the new CEO of CCR, with a term of office starting as of July 6, 2020.

Mr. Marco Cauduro holds a degree in Economics from the University of São Paulo (USP), an MBA from the MIT Sloan School of Management, a PhD in Finance at Fundação Getúlio Vargas and has extensive professional experience in management and capital markets, having held, in recent years, the position of CEO of a publicly-traded company in the infrastructure and logistics sector.

At the same meeting, the Board of Directors registered its gratitude to Mr. Leonardo Couto Vianna for the 25 years dedicated to the CCR Group. In the words of Mrs. Chairman of the Board of Directors: “during its entire trajectory at CCR, and specially during the last two years, when he headed the Company’s transformation process, Leonardo contributed decisively to strengthening its governance, growth and to consolidating CCR’s results, and will have an important role to perform in assisting the transition process of Marco Cauduro. On behalf of this Board of Directors and of all CCR’s employees, I thank Leonardo for all the years of outstanding dedication to our Company, as well as welcome Marco Cauduro with the wishes of great success and achievements.

CCR understands that concluding this succession plan is a new important step towards strengthening and improving the longevity of its businesses.

 

São Paulo, June 12, 2020.

CCR S.A.
Waldo Perez
Investor Relations Officer