Eternit : Ratification of Capital Increase

ETERNIT S.A. - UNDER COURT-SUPERVISEDREORGANIZATION

Corporate Taxpayer ID (C.N.P.J.) 61.092.037/0001-81

Company Registry (NIRE): 35.300.013.344

MATERIAL FACT

Ratification of Capital Increase

Eternit S.A. - Under Court-Supervised Reorganization (B3: ETER3, "Company"), in compliance with CVM Instruction 358/2002 and complementing the Notice to Shareholders disclosed on September 11, 2019, hereby announces to its shareholders and the market that on this date the Board of Directors approved, within the authorized capital established in Article 5 of the Company's Bylaws, the partial ratification of the Capital Increase approved at the Board of Directors meeting held on July 16 and 19, 2019, within the authorized capital, which, after being partially subscribed to, resulted in the issue of 1,940,596 registered common shares with no par value, totaling an increase of R$ 4,715,648.28.

In connection with said Capital Increase, the 363,931 registered, book-entry common shares with no par value that were not subscribed to or were withdrawn will not be issued and hence will be canceled.

The new shares will have the same characteristics and conditions and enjoy the same rights and benefits established by the Bylaws, currently and in the future, for the common shares issued by the Company and will be fully entitled to any dividends and interest on equity that may be approved by the Company.

With the ratification of the Capital Increase, the capital stock of the Company is now R$ 338,966,879.68, divided into 31,773,929 registered common shares with no par value, thereby requiring an amendment to the Company's Bylaws at the next Shareholders Meeting.

	Shares	R$
Capital	29,833,333	334,251,231.40
Increase	1,940,596	4,715,648.28
Final Capital	31,773,929	338,966,879.68

The new shares will be issued and credited within 5 business days after the partial ratification of the Capital Increase by the Board of Directors.

Any questions and/or requests for clarifications regarding the subject of this Material Fact notice should be sent to [e-mail].

São Paulo, September 20, 2019

Vítor Mallmann

Investor Relations Officer