<SEC-DOCUMENT>0001104659-18-071952.txt : 20181210
<SEC-HEADER>0001104659-18-071952.hdr.sgml : 20181210
<ACCEPTANCE-DATETIME>20181210062517
ACCESSION NUMBER:		0001104659-18-071952
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20181210
FILED AS OF DATE:		20181210
DATE AS OF CHANGE:		20181210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERDAU S.A.
		CENTRAL INDEX KEY:			0001073404
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14878
		FILM NUMBER:		181224819

	BUSINESS ADDRESS:	
		STREET 1:		AV. DAS NACOES UNIDAS, 8,501
		STREET 2:		8TH FLOOR
		CITY:			SAO PAULO, SP
		STATE:			D5
		ZIP:			05425-070
		BUSINESS PHONE:		011-55-51-3323-2703

	MAIL ADDRESS:	
		STREET 1:		AV. DAS NACOES UNIDAS, 8,501
		STREET 2:		8TH FLOOR
		CITY:			SAO PAULO, SP
		STATE:			D5
		ZIP:			05425-070

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GERDAU SA
		DATE OF NAME CHANGE:	19981112
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a18-41325_16k.htm
<DESCRIPTION>6-K
<TEXT>


<html>
<head>



  </head>
<body link=blue lang="EN-US">
<div>
<div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 3.0pt;padding:1.0pt 0in 1.0pt 0in;">
<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
</div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;6-K</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">U.S. SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">REPORT OF FOREIGN PRIVATE ISSUER</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Dated December&nbsp;10, 2018</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Commission File Number 1-14878</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">GERDAU S.A.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact Name as Specified in its Charter)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">N/A</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Translation of Registrant&#146;s Name)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Av. das Na&#231;&#245;es Unidas, 8,501 &#150; 8&#176; andar</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">S&#227;o Paulo, S&#227;o Paulo - Brazil CEP 05425-070</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of principal executive offices)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark whether the registrant files or will file annual reports under cover Form&nbsp;20-F or Form&nbsp;40-F.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;">
<tr>
<td width="15%" valign="top" style="padding:0in 0in 0in 0in;width:15.9%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;20-F   &nbsp;&nbsp;</font><font face="Wingdings">x</font></p>    </td>
<td width="84%" valign="top" style="padding:0in 0in 0in 0in;width:84.1%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;40-F&nbsp;&nbsp;</font><font face="Wingdings">o</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1):&nbsp;</font><font face="Wingdings">o</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7):&nbsp;</font><font face="Wingdings">o</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12g3-2(b)&nbsp;under the Securities Exchange Act of 1934.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;">
<tr>
<td width="15%" valign="top" style="padding:0in 0in 0in 0in;width:15.9%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Yes&nbsp;&nbsp;</font><font face="Wingdings">o</font></p>    </td>
<td width="84%" valign="top" style="padding:0in 0in 0in 0in;width:84.1%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">No   &nbsp;&nbsp;</font><font face="Wingdings">x</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt 5.4pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule&nbsp;12g3-2(b):&#160; Not applicable.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="border-bottom:solid windowtext 3.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 0in 1.0pt 0in;">
<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
</div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\111398\18-41325-1\task9148135\41325-1-ba.htm',USER='111398',CD='Dec 10 16:10 2018' -->

<div style="page-break-before:always;"></div>
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURES</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the Report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date:&nbsp;&nbsp;December&nbsp;10, 2018</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="99%" style="border-collapse:collapse;">
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.94%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">GERDAU   S.A.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/   Harley Lorentz Scardoelli</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Harley   Lorentz Scardoelli</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.68%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.26%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor   Relations Director</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt 5.4pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_150047_5704"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\111398\18-41325-1\task9148135\41325-1-ba.htm',USER='111398',CD='Dec 10 16:10 2018' -->

<div style="page-break-before:always;"></div>
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT&nbsp;INDEX</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="87%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:87.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description&nbsp;of&nbsp;Exhibit</font></b></p>    </td>   </tr>
<tr>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>    </td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Material Fact,   December&nbsp;7, 2018</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt 2.0in;text-indent:-2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_150057_7056"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\111398\18-41325-1\task9148135\41325-1-ba.htm',USER='111398',CD='Dec 10 16:10 2018' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a18-41325_1ex99d1.htm
<DESCRIPTION>EX-99.1
<TEXT>


<html>
<head>



  </head>
<body link=blue lang="EN-US">
<div style="font-family:Times New Roman;">
<p align="right" style="margin:0in 0in .0001pt 136.75pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 99.1<a name="Exhibit991_025455"></a></font></b></p>
<p align="right" style="margin:0in 0in .0001pt 136.75pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="250" height="75" src="g413251mmi001.jpg"></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">GERDAU S.A.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Corporate Taxpayer ID (CNPJ/MF): 33.611.500/0001-19</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MATERIAL FACT</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We announce that in the Board of Directors Meeting of GERDAU S.A. (&#147;Company&#148;) held on December&nbsp;6</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>, 2018, in accordance with its bylaws and CVM Instructions 10/80 and 268/97, decided to authorize the Company to acquire shares of its own issue.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Purposes: </font></b>(i)&nbsp;to meet the needs of the Long-Term Incentive Program of the Company and its subsidiaries, (ii)&nbsp;held in treasury, (iii)&nbsp;cancellation or (iv)&nbsp;subsequent sale on the market.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The acquisitions will be carried out supported from its existing profit reserves, with the Executive Committee responsible for establishing the number of shares and the opportune moment for each transaction.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Number of shares to be acquired: </font></b>up to 6,000,000 preferred shares (GGBR4), representing in aggregate approximately 0.57% of the preferred shares comprising the free-float, which on October 31<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>, 2018 totaled 1,048,257,933 shares.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Acquisition period: </font></b>from December&nbsp;7<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>, 2018, for a maximum period of one month, until January&nbsp;7<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>, 2019, inclusive.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The transactions will be carried out on the stock exchange of S&#227;o Paulo (&#147;B3&#148;), at market prices, through the intermediation of the following brokerages:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font> Ita&#250; Corretora de Valores S.A.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Avenida Faria Lima, 3.500, 3&#186; andar,&nbsp;Itaim Bibi, S&#227;o Paulo, SP;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font> Bradesco S.A. Corretora de T&#237;tulos e Valores Mobili&#225;rios</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Avenida Paulista, 1.450, 7&#176;andar, Bela Vista, S&#227;o Paulo, SP; and</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Symbol" style="font-size:10.0pt;">&#183;</font> BTG Pactual CTVM S.A.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Avenida Faria Lima, 3477, 11&#186; andar,&nbsp;Itaim Bibi, S&#227;o Paulo, SP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">S&#227;o Paulo, December&nbsp;7</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>, 2018.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Harley Lorentz Scardoelli</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Vice President</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor Relations Director</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\111398\18-41325-1\task9148135\41325-1-mm.htm',USER='111398',CD='Dec 10 16:08 2018' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g413251mmi001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g413251mmi001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !+ /H# 2(  A$! Q$!_\0
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M5>?FO2H8:G.FI,\ZMB)QFXIGI_\ PN2+_H"R_P#?\?\ Q-+_ ,+CB_Z TO\
MX$#_  KR[ _R*7_/2MOJE+L9_6JG<]/_ .%R1?\ 0%E_[_C_  H_X7)%_P!
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M]Z_X3+P]_P!!BT_[^5<AUS3;C3I+^&]A>TBSOF5OE7'J:\H_X5/K_P#?L_\
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M"]M/N>B/\8;SR,+IEN)O[QD.W\JY#6O$^I^(90VH71= <K$GRHOX?UK*/?\
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M(Y..]6J*4JDY*TF.-.,7=(Q/%/AB#Q3I\=K//)!Y<@D5XP"<X([_ %K,\,^
M8_"^IF[MM3N90Z%'B=5"L.W3N#_6NNHH522CRWT!TXN7-;4YK7? 6C:](\\T
M+07+G+30G:6/N.AK#@^$&F)(#/J%Y*@/*_*N?Q KT&BJC6J15DQ.C!N[10TK
?1;#1+;R-.MHX$/WMHY;W)ZFKV*6BLVVW=EI):(__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
