<SEC-DOCUMENT>0001292814-18-004270.txt : 20181231
<SEC-HEADER>0001292814-18-004270.hdr.sgml : 20181231
<ACCEPTANCE-DATETIME>20181228183750
ACCESSION NUMBER:		0001292814-18-004270
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20181231
DATE AS OF CHANGE:		20181228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
		CENTRAL INDEX KEY:			0001170858
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31317
		FILM NUMBER:		181258344

	BUSINESS ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
		BUSINESS PHONE:		011-55-11-3388-8000

	MAIL ADDRESS:	
		STREET 1:		RUA COSTA CARVALHO, 300
		STREET 2:		SAO PAULO
		CITY:			SP
		STATE:			D5
		ZIP:			05429-900
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sbs20181228_6k6.htm
<DESCRIPTION>SBS20181228_6K6
<TEXT>

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   <TITLE>sbs20181228_6k6.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, DC 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORM 6-K</B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>REPORT OF FOREIGN ISSUER</B><BR><B>PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>SECURITIES EXCHANGE ACT OF 1934</B></FONT></DIV>

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<DIV><FONT color=#000000 size=2 face="Times New Roman"><B>For&nbsp;December 28, 2018</B></FONT></DIV><FONT color=#000000 size=2 face="Times New Roman"><B>(Commission File No. 1-31317) </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Exact name of registrant as specified in its charter) </I></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Basic Sanitation Company of the State of Sao Paulo - SABESP </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Translation of Registrant's name into English) </I></FONT></DIV>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><B>Rua Costa Carvalho, 300 <BR>S&#227;o Paulo, S.P., 05429-900 <BR>Federative Republic of Brazil </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman"><I>(Address of Registrant's principal executive offices) </I></FONT></DIV><BR>

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<BR>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark whether the registrant files or will file <BR>annual reports under cover Form 20-F or Form 40-F. <BR><BR>Form 20-F ___X___ Form 40-F ______</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(1)__.</FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K <BR>in paper as permitted by Regulation S-T Rule 101(b)(7)__.</FONT></DIV>

<P></P>

<P align=center><FONT size=2 face="'Times New Roman, Times, Serif'">Indicate by check mark whether the registrant by furnishing the <BR>information contained in this Form is also thereby furnishing the <BR>information to the Commission pursuant to Rule 12g3-2(b) under <BR>the Securities Exchange Act of 1934. <BR><BR>Yes ______ No ___X___</FONT></P>

<P></P>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">If "Yes" is marked, indicated below the file number assigned to the<BR>registrant in connection with Rule 12g3-2(b):</FONT> </DIV>

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   <IMG src="x18122814144900.gif" width=51 height=69></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><FONT face=verdana,sans-serif><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: Verdana">Organizational Instrument</FONT></B></FONT></FONT></B><B><FONT></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Type:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Phase:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Institutional Policy</FONT></B></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current</FONT></B></FONT></FONT></B><B><FONT></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Title:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Number and Version:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Compensation of Directors, Officers, Members of the Fiscal Council and Statutory Committees</FONT></B></FONT><B><FONT><FONT></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><B><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>PI0034-V1</FONT></B></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Issuing Area:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Approved by:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>First version effective on:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>This version is effective on:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>CH</FONT></FONT></P></TD>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>DANTE RAGAZZI PAULI</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Related Areas (Coverage):</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT style="FONT-SIZE: 9pt" color=#808080 face=verdana,sans-serif>Processos:</FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Sabesp</FONT></FONT></P></TD>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT></FONT></P></TD></TR>

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<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Arial,sans-serif></FONT>&nbsp;</P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 6pt 0in 6pt 0.25in; TEXT-INDENT: -0.25in" align=left><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>1.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>Introduction</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>This institutional policy establishes the criteria for defining the compensation of managers (officers and directors) and members of the Fiscal Council and the statutory Audit and Eligibility and Advisory committees of Sabesp.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 6pt 0in 6pt 0.25in; TEXT-INDENT: -0.25in" align=left><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>2.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>Objective</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>To comply with the provisions of Federal Law 13,303/2016 and State Capital Protection Board (Codec) Resolution 01/2018 regarding determination of the compensation of managers and members of the Fiscal Council and the statutory Audit and Eligibility and Advisory committees.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 6pt 0in 6pt 0.25in; TEXT-INDENT: -0.25in" align=left><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>3.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>Guidelines</FONT></B></H1>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.55in; TEXT-INDENT: -0.3in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>General rules for establishment of the compensation of managers and members of the Fiscal Council and the statutory Audit and Eligibility and Advisory committees, as provided for in Codec Resolution 01/2018. The approval thereof is incumbent on the Annual Shareholders&#8217; Meeting, pursuant Federal Law 6,404/76:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.55in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.85in; TEXT-INDENT: -0.35in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.1.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Executive Board</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>I.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Monthly compensation in an amount established by the Control Bodies of the Government of the State of S&#227;o Paulo and approved by the Annual Shareholders&#8217; Meeting.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>II.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Annual reward in the same amount of the monthly compensation, calculated on a </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>pro rata temporis </FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>basis and paid in December each year. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>III.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Annual contingent bonus limited to 6x the monthly compensation, or 10% of total amount distributed as dividends or interest on equity paid by the Company, whichever is less, calculated for the year. This may be paid in installments, respecting a minimum frequency of not less than three (3) months, cumulatively relating to:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 10pt 124.75pt; TEXT-INDENT: -17.85pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>calculation of the quarterly, semi-annual or annual income; and</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 124.75pt; TEXT-INDENT: -17.85pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>b)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>the distribution of mandatory dividends to shareholders, even in the form of interest on equity, based on the income calculated on the occasion (paragraphs 1 and 2 of article 152 of Federal Law 6.404/76).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 106.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>The calculations and the proposal for payment of the annual contingent bonus are submitted to the Board of Directors, which resolves on the payment and, if applicable, on a </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>pro rata temporis</FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif> basis to officers whose duties were performed in part of the period of the determination of the bonus.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>IV.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Annual leave, with characteristics of paid leave, for a period of thirty (30) calendar days, and additional payment corresponding to one third (1/3) of monthly compensation, divided in up to three (3) periods throughout the year, as long as one of these periods is not shorter than fourteen (14) calendar days, and the other periods are not shorter than five (5) calendar days, enjoyed within the year, not entitled to accumulation or payment in cash.</FONT></P></DIV>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Type:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Phase:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Institutional Policy</FONT></B></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current</FONT></B></FONT></FONT></B><B><FONT></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Title:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Number and Version:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Compensation of Directors, Officers, Members of the Fiscal Council and Statutory Committees</FONT></B></FONT><B><FONT><FONT></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><B><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>PI0034-V1</FONT></B></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Issuing Area:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>First version effective on:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>This version is effective on:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>CH</FONT></FONT></P></TD>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>DANTE RAGAZZI PAULI</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Related Areas (Coverage):</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT style="FONT-SIZE: 9pt" color=#808080 face=verdana,sans-serif>Processos:</FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Sabesp</FONT></FONT></P></TD>

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<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 2pt" face=Arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 106.9pt; TEXT-INDENT: -0.5in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>V.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Collection of FGTS &nbsp;(Government Severance Indemnity Fund for employees) according to article 15, main section, and article 16, Federal Law 8.036/90.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 10pt 92.15pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Officers leaving their positions for any reason are not entitled to receive the 40% FGTS severance fine, not having the right to the paid or worked prior notice period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>VI.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Officers are also entitled to receive the following benefits approved by the Annual Shareholders&#8217; Meeting:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 8pt 106.35pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Meal Vouchers: granting of twenty-four (24) meal vouchers per month, in the same amount and conditions granted to the employees;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 8pt 106.35pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Staples Basket: granting of monthly food vouchers in the same amount and conditions granted to the employees;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 106.35pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Medical Assistance: same plan offered to the employees;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 106.35pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=symbol>&#183;</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Private Pension: same defined contribution pension plan offered to the employees.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>VII.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Officers may enjoy a non-paid leave, as long as it does not surpass three (3) months, approved pursuant to the Bylaws. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>VIII.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman"> </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Advantages, bonuses or other benefits of any nature are not granted to Executive Board members, mainly due to the statutory nature of the relationship maintained with the Company, which is not an employment relationship provided for in the labor law.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 92.15pt; TEXT-INDENT: -21.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>IX.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>Employees elected as officers and working for the Company for three (3) full years as of the election date may choose to receive their compensation as employee, and must express this option on the date of taking office. In this case, he/she will be entitled to receive the annual contingent bonus established in item 3.1.1, III, limited to the amount ascertained in the twelve-month (12) period and as required to equal the global compensation of the officer-employee to the compensation received by other statutory officers not subject to the labor laws (monthly compensation, annual leave with payment of an additional one-third (1/3) of monthly compensation, </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif>pro rata temporis</FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=Arial,sans-serif> annual reward paid in December and annual contingent bonus).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 8pt 0.85in; TEXT-INDENT: -0.35in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.2.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Board of Directors</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 10pt 92.15pt; TEXT-INDENT: -92.15pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>I.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Monthly compensation corresponding to 30% of the monthly compensation paid to officers. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 106.35pt; TEXT-INDENT: -14.2pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>a)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Directors absent in two (2) consecutive meetings are not entitled to receive compensation regarding the month when the second absence is recorded.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 106.9pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 106.9pt; TEXT-INDENT: -106.9pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>II.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Annual reward in the same amount of the monthly compensation, calculated on a </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>pro rata temporis</FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif> basis, paid in December each year, as long as approved by the Annual Shareholders&#8217; Meeting for the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 10pt 106.9pt; TEXT-INDENT: -106.9pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>III.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>The paid participation of direct or indirect members of the public administration in more than two (2) bodies, Boards of Directors or Fiscal Councils, of state-owned companies, </FONT>


<FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>or state-controlled companies or their subsidiaries, is prohibited pursuant to article 1 of State Decree 58,265/2012 and article 20 of Federal Law 13,303/2016, and each director must declare the acceptance of this limitation, and the payment of the relevant monthly compensation is conditioned to the presentation of this declaration. </FONT></P></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><FONT face=verdana,sans-serif><B><FONT style="FONT-SIZE: 10pt; FONT-FAMILY: Verdana">Organizational Instrument</FONT></B></FONT></FONT></B><B><FONT></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Type:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Phase:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Institutional Policy</FONT></B></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Current</FONT></B></FONT></FONT></B><B><FONT></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Title:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Number and Version:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><B><FONT lang=EN-US style="FONT-SIZE: 9pt" face=Arial,sans-serif>Compensation of Directors, Officers, Members of the Fiscal Council and Statutory Committees</FONT></B></FONT><B><FONT><FONT></FONT></FONT></B></P></TD>

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   <P style="MARGIN: 2pt 0in"><B><FONT><B><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>PI0034-V1</FONT></B></FONT></B></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Issuing Area:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Approved by:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>First version effective on:</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>This version is effective on:</FONT></FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>CH</FONT></FONT></P></TD>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>DANTE RAGAZZI PAULI</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 2pt 0in" align=center><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Oct. 29, 2018</FONT></P></TD></TR>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT face=verdana,sans-serif><FONT lang=EN-US style="FONT-SIZE: 9pt" face=verdana,sans-serif>Related Areas (Coverage):</FONT></FONT></P></TD>

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   <P style="MARGIN: 1pt 0in 0.3pt"><FONT style="FONT-SIZE: 9pt" color=#808080 face=verdana,sans-serif>Processos:</FONT></P></TD></TR>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>Sabesp</FONT></FONT></P></TD>

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   <P style="MARGIN: 2pt 0in"><FONT><FONT style="FONT-SIZE: 9pt" face=Arial,sans-serif>-</FONT></FONT></P></TD></TR>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 61.25pt; TEXT-INDENT: -25.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.3.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Audit Committee</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 10pt 85.1pt; TEXT-INDENT: -85.1pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>I.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Monthly compensation in an amount established by the Control Bodies of the State Government. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 85.1pt; TEXT-INDENT: -85.1pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>II.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Annual reward in the same amount of the monthly compensation, calculated on a </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>pro rata temporis</FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif> basis and paid in December each year, as long as approved by the Annual Shareholders&#8217; Meeting for the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Audit Committee members who are also members of the Board of Directors must choose to receive only one compensation. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 8pt 61.25pt; TEXT-INDENT: -25.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.4.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Fiscal Council</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 88.7pt; TEXT-INDENT: -88.7pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>I.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Monthly compensation corresponding to 20% of the monthly compensation paid to officers, conditioned to the participation in at least one monthly meeting. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 88.7pt; TEXT-INDENT: -88.7pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>II.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Annual reward in the same amount of the monthly compensation, calculated on a </FONT><I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>pro rata temporis</FONT></I><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif> basis and paid in December each year, as long as approved by the Annual Shareholders&#8217; Meeting for the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 88.7pt; TEXT-INDENT: -88.7pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>III.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Reimbursement of the commuting and accommodation expenses required to perform the function of member of the Fiscal Council, as provided for in paragraph 3 of article 162 of Federal Law 6,404/76. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 0pt 61.25pt; TEXT-INDENT: -25.25pt"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>3.1.5.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Eligibility and Advisory Committee</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 12pt 0in 8pt 86.45pt; TEXT-INDENT: -86.45pt"><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>I.</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 116%" face=arial,sans-serif>Members of the Eligibility and Advisory Committee do not receive any compensation or other advantages, as provided for in article 11 of Codec Resolution 01/2018.</FONT></P>

<H1 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 6pt 0in 6pt 0.25in; TEXT-INDENT: -0.25in" align=left><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>4.</FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 7pt" color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=windowtext face=Arial,sans-serif>Supplementary items</FONT></B></H1>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0.3pt 0in"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>Reference Exhibits (Exhibits Base)</FONT></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0.3pt 0in"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>Registration Details</FONT></P></TD></TR>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 2pt 0in"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>&lt;&lt; Related documents &gt;&gt;</FONT></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 2pt 0in"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>&lt;&lt; Records Involved &gt;&gt;</FONT></P></TD></TR>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0.3pt 0in"><FONT lang=EN-US style="FONT-SIZE: 8pt" face=verdana,sans-serif>Files Attached (Supplementary to the Organizational Instrument)</FONT></P></TD></TR>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B><U>SIGNATURE&nbsp;</U></B></FONT><FONT size=1>&nbsp;</FONT></DIV></U></B></FONT>

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<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city S&#227;o Paulo, Brazil. <BR></FONT></DIV>

<DIV align=justify><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;December 28, 2018</FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"><B>Companhia de Saneamento B&#225;sico do Estado de S&#227;o Paulo - SABESP </B></FONT></DIV></TD></TR>

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   <TD vAlign=top align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></TD>

   <TD vAlign=bottom align=left>/s/&nbsp;&nbsp;<FONT style="FONT-FAMILY: times new roman" size=3>Rui de Britto &#193;lvares Affonso</FONT>&nbsp;&nbsp;&nbsp;&nbsp;

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Name: Rui de Britto &#193;lvares Affonso </FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">Title: Chief Financial Officer and Investor Relations Officer </FONT></DIV></TD>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="'Times New Roman, Times, Serif'">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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