MATERIAL FACT

MATERIAL FACT

CONCESSIONÁRIA DO AEROPORTO INTERNACIONAL DE GUARULHOS S.A. (“GRU Airport” or “Concessionaire”), pursuant to Instruction 358 of the Brazilian Securities and Exchange Commission, of January 3, 2002, as amended, hereby informs the market that, given the proposal to reschedule the payment of the fixed annual contribution for 2017, submitted in January 2017 by GRU Airport to the Secretariat of Civil Aviation, which, until the deadline for constituting the Reserve Account (May 12, 2017), had not been responded to, GRU Airport did not constitute the Reserve Account provided for in the Financing Agreement and the Agreement for Fiduciary Assignment of Credit Rights, entered into with the Brazilian Development Bank – BNDES and the Underwriter Banks, as well as in the indentures of the Company’s 1st and 2nd debenture issues, as the due date for payment of said fixed concession fee may be postponed from July 2017 to December 2017, as a result of the publication of Ordinance 135 of the Ministry of Transport, Ports and Civil Aviation, which, among other issues, addressed the possibility of authorizing the rescheduling of payment of the Fixed Contribution of the federal concession agreements for airport infrastructure expansion, maintenance and exploration entered into until December 31, 2016, thus comprising the GRU Airport Concession Agreement.

In the interest of its shareholders and in compliance with best corporate governance practices, GRU Airport will keep the market informed of any developments on this matter.

Guarulhos, May 12, 2017.

CONCESSIONÁRIA DO AEROPORTO INTERNACIONAL DE GUARULHOS S.A.

Marcio Hermann Lewin
Investor Relations Officer