Certain Common Shares of Hapvida Participações e Investimentos S.A. are subject to a Lock-Up Agreement Ending on 25-APR-2019. These Common Shares will be under lockup for 365 days starting from 25-APR-2018 to 25-APR-2019. Details: The company, its managers and the selling shareholders agreed not to offer, sell, hire the sale, lend, grant guarantees, options or otherwise dispose of the company's shares for a 180-day period as from the commencement notice. Managers and the selling shareholders shall not for an additional 6-month period sell or offer the sale of more than 40% of the company's shares and its derivatives.