News

MATERIAL FACT

São Paulo, May 30, 2019. Liq Participações S.A. ("Company"; LIQO3), in compliance with the provisions of article 157, paragraph 4, of Law 6404/76 and CVM Instruction 358/02, hereby announces to its shareholders, investors and the market in general that Messrs. Marcelo Luiz Dias Chianello and André Tavares Paradizi leave on this date the positions of Chief Executive Officer and Chief Financial and Investor Relations Officer, respectively. As a result, the Board of Directors, at an extraordinary meeting, elected Mr. André Felipe Rosado França to hold the position as Chief Executive Officer and Mr. Luciano Bressan to hold the position as Chief Financial Officer and Investor Relations Officer of the Company.

Mr. André França, who will be the CEO, has more than 20 years of professional experience, the 41-year-old executive holds a degree in Economics from UFRJ and a post-graduate degree in Capital Markets from PUC-RIO. França began his career as Credit Analyst at SR Rating and Financial Analyst in the area of control and management of EMBRAER. He was Operations Manager at Contax in the development of the collection sector and led finance projects as Manager at Accenture. In addition, he served as CFO at VOKI S.A. (joint venture between Telefónica, Intel Capital and IdeiasNet). Since 2010, the executive has been in leadership positions in companies in the service sector, highlighting the last four years as General Manager of AVIT Gestão and WRR Investimentos SA, in charge of companies in the industrial maintenance and facilities services sector.

Mr. Luciano Bressan, who will hold the positions as Chief Financial Officer and Investor Relations Officer, is 41 years old and has 20 years of experience in the financial area, developing his career in the Telecom and Services markets. He has worked in different positions in Grupo Telefónica‘s corporate finance, leading teams in Financial Management and Control, Derivatives, Risk Management, Planning and Structured Operations in Brazil and Spain. For 6 years, he was CFO of Telefónica Factoring do Brasil (joint venture of Telefónica, Bradesco, La Caixa and BBVA). Since 2014 he has been a CFO at Avit Gestão S.A. and WRR Investimentos S.A., responsible for the financial area of industrial maintenance and facilities companies. Graduated in Business Administration from FGV EAESP and MBA from Universidad Antonio de Nebrija, Madrid, Spain.

Messrs. Marcelo Chianello and André Paradizi made themselves available to support the new executives in the process of transition of their functions until June 8, so that the new officers can continue the transformation process of the Company.

The Company is grateful to Messrs. Marcelo Chianello and André Paradizi for their dedication, contributions and achievements over the period of their management as Company executive officers and wishes Mr. André França and Luciano Bressan to succeed in the challenges of their new positions.

André Ferreira Peixoto
Chairman of the Board of Directors