Fibria Celulose : Notice to Shareholders | Payment of Dividends

FIBRIA CELULOSE S.A.

Publicly-Held Company

Corporate Taxpayer ID (CNPJ) No. 60.643.228/0001-21 Company Registry (NIRE) 35.300.022.807 | CVM Code

No. 12793

NOTICE TO SHAREHOLDERS

FIBRIA CELULOSE S.A. ("Fibria" or "Company") hereby informs its shareholders and the market in general that, in the Extraordinary General Shareholders' Meeting held on December 3rd, 2018, at 09:30 am, it was approved 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, disregarding the treasury shares, to be distributed in accordance with the following procedure:

• 1. The payment of the dividends in Brazil shall be made in national currency, in one installment, on December 12, 2018. With respect to the payment to the ADR holders abroad, we clarify that, due to the required bureaucratic procedures, the payment shall be concluded, also in one installment, on December 18, 2018.

• 2. Shall be entitled to the declared dividends those persons that are enrolled as

• shareholders of the Company on the date of (including) December 3rd, 2018.

• 3. As of December 4th, 2018 (including), the Company's shares shall be traded "ex-dividends".

• 4. There shall not be monetary adjustments or incidence of interest from the date in which the dividends were declared until the date of their payment.

• 5. The dividends are exempt from income tax, pursuant to applicable law.

• 6. The shareholders will have their credits available in the bank domicile provided by each shareholder to Itaú Unibanco S.A., the institution responsible for bookkeeping the Company's shares.

• 7. Shareholders whose records do not contain the number of their individual or corporate taxpayer ID (CPF/CNPJ), or the indication of "Bank/Branch/Account", shall receive their dividends from three (3) business days onwards from the date they update their records at the electronic files of Itaú Unibanco S.A., which can be done at any of the following branches specialized in shareholders assistance:

  RIO DE JANEIRO

  Av. Almirante Barroso, 52- 2º andar Centro - Rio de Janeiro/RJ

  SÃO PAULO

  R. Boa Vista, 176 - 1º Subsolo Centro - São Paulo/SP

  Shareholders outside these localities might enter in contact on the following telephone numbers: Capital city and metropolitan region: (11) 3003-9285. Other localities: 0800-720-9285.

• 8. The shareholders whose shares are filed with institutions that render securities custodial services shall have their dividends credited in accordance with the procedures established by the depositary institutions.

São Paulo, December 3, 2018.

Guilherme Perboyre Cavalcanti

Investor Relations Officer