Alpargatas S.A.

Publicly-Held Company

Corporate Taxpayer's ID (CNPJ/MF): 61.079.117/0001-05 Company Registry (NIRE): 35 3000 25 270

Notice to Shareholders Payment of Interest on Equity

We hereby inform our Shareholders that the Board of Directors Meeting held on November 13, 2017, approved the payment of interest on equity, pursuant to the applicable legal and statutory provisions, subject to withholding income tax for individuals and legal entities, in accordance with existing legislation. The benefit covers all 470,449,777 registered shares making up the Company's capital stock, with the exception of the shares held in treasury, and is in the gross amount of up to R$ 38,200,000.00, equivalent to R$ 0.0787307679 per common share and R$ 0.0866038447 per preferred share. Shareholders of record on November 17, 2017, are eligible to receive the payment and shares will be traded ex- interest-on-equity as of November 21, 2017. The payment will be effected on December 13, 2017 by Banco Itaú S.A. This amount will be offset against the mandatory annual dividends to be approved by the Annual Shareholders' Meeting of 2018.

São Paulo, November 13, 2017.

Fabio Leite de Souza Investor Relations Officer

Alpargatas SA published this content on 13 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 November 2017 20:43:08 UTC.

Original documenthttps://ri.alpargatas.com.br/INGLES/arquivos/informacoes_investidores/atas_comunicados/avisos_comunicados/13_11_2017_Payment_of_Interest_on_Equity_2017.pdf

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