SPRINGS GLOBAL PARTICIPAÇÕES S.A.

CNPJ/MF nº 07.718.269/0001-57

A PUBLICLY HELD COMPANY

MATERIAL FACT

Springs Global Participações S.A. (B3:SGPS3) informs that, Due to the non-recurring effect of product return in the US and to the stagflation in Argentina, has revised its EBIT and EBITDA guidance for 2018. The Company´s Management estimates that EBITDA for 2018 will be slightly superior to the value registered in 2017. The guidance for net revenue and capex remains unchanged.

2018

in R$ million

Revised Guidance

Net revenue

South America - Wholesale* South America - Retail North America - Wholesale

Total net revenue

1,200 - 1,420 230 - 270 740 - 870 2,120 - 2,500

EBIT

160 - 190

EBITDA CAPEX

240 - 270

60 - 70

* Including intercompany revenue

Montes Claros-MG, November 13, 2018.

Alessandra Eloy Gadelha Diretora de Relações com Investidores

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Springs Global Participações SA published this content on 14 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 November 2018 14:18:10 UTC