Fibria Celulose : Manual for Participation in Shareholders' Meeting

Manual for Participation in Extraordinary

Shareholders' Meeting

December 03, 2018

Index

Message from the management .................................................................... 3

Extraordinary Shareholders' Meeting Agenda.................................................. 3

Guidance for Participation ............................................................................. 5

Fibria's Bylaws - Shareholders' Meeting .......................................................... 9

Information on the Matter to be Examined and Discussed ............................. 10

Exhibit 1 - Call Notice ................................................................................. 11

Exhibit 2 - Management Proposal and its Exhibits ........................................ 14

Message from the management

Dear Shareholder,

Fibria Celulose S.A. ("Fibria" or the "Company"), a company listed on the Novo Mercado of the Brazilian Stock Exchange B3 S.A. -Brasil, Bolsa, Balcão ("B3"), in line with its commitment to adopt outstanding Corporate Governance practices, prepared this Manual, which purpose is to clearly and succinctly present important information and guidance relating to the call notice of Fibria's Extraordinary Shareholders' Meeting ("EGM" or "Shareholders' Meeting") to be held on December 03, 2018, at 9:30 a.m., at the Company's headquarters located at Rua Fidêncio Ramos, No. 302, 4th (part) floor, Building B, Vila Olímpia Corporate Building, Vila Olímpia , in the [Valor Room], in the City of São Paulo, State of São Paulo.

Members of Fibria's Board of Executive Officers, a representative of the Fiscal Council will be present at the Shareholders' Meeting and will be able to clarify the matter included in the agenda.

We emphasize that each share issued by Fibria is entitled to one vote in the Shareholders' Meeting. As such, your participation is very important to the Company.

We hope we can count on your presence, for which we thank you in anticipation.

Sincerely,

José Luciano Duarte Penido

Marcelo Strufaldi Castelli

Chairman of the Board of Directors

Chief Executive Officer

Extraordinary Shareholders' Meeting Agenda

At that meeting, the following matters will be submitted for the resolution of the Shareholders:

(i) Approve, in accordance with the Management's Proposal and the Opinion of the Fiscal Council of the Company, the distribution of interim dividends on an extraordinary basis, in the total amount of R$2,783,319,849.66 (two billion, seven hundred and eighty-three million, three hundred and nineteen thousand, eight hundred and forty-nine Brazilian reais and sixty-six centavos), equivalent to R$5.030371757 per share issued by the Company, to be declared and paid against the Company's account of Reserve for Investments, approved by the Ordinary Shareholders' Meeting held on April 27, 2018 and registered at the Company's quarterly financial statements of

September 30, 2018.

More information about the matter included in the EGM Agenda, as well as the procedures for participating in the Shareholders' Meeting, are available in this Manual, its Exhibits and on the websites of Fibria and the Brazilian Securities Commission ("CVM") and of B3(www.fibria.com.br/irandwww.cvm.gov.br/www.b3.com.br), and may also be obtained from Fibria's Investor Relations Department.

Guidance for Participation

Date, Time and Place

Fibria's Extraordinary Shareholders' Meeting will be held on December 03, 2018 at 9:30 a.m. at the Company's headquarters located at Rua Fidêncio Ramos, No. 302, 4th (part) floor, Building B, Vila Olímpia Corporate Building, Vila Olímpia, in the Valor Room, in the City of São Paulo,

State of São Paulo, ZIP CODE 04551-010 (see the map above).

We recommend that parties interested in participating in the Shareholders' Meeting arrive 30 minutes early.

Who may participate in the Shareholders' Meeting

All shareholders owning common shares issued by Fibria, or their duly appointed legal representatives or proxies, may participate in the Shareholders' Meeting.

Required documentation

Individual shareholders can be represented at the shareholders' meetings by a proxy appointed less than one year prior to the meeting, who must be a shareholder or a manager of the Company, a lawyer or a financial institution. The administrator of an investment fund must represent the investors in the fund, as required by Article 126, paragraph 1, of the Brazilian Corporation Law.

All persons present at the Shareholders' Meeting shall present identification documents with photo (RG, RNE, CNH or official professional identification cards); and proof of ownership of the shares issues by Fibria, duly updated, issued by the financial institution or custody agent after November 28, 2018.