Material Fact – Acquisition of Borgato – Conclusion of the Acquisition


JSL S.A. (“JSL” or “Company”), (B3:JSLG3), a publicly-held company, complementing the Material Facts disclosed on October 18, 2017, November 24, 2017, December 6, 2017 and December 8, 2017, hereby informs its shareholders and the market in general that, on this date, a certificate from the Administrative Council for Economic Defense (“CADE”) was made available, certifying the unappealable court decision of CADE’s General Superintendence approving, without restrictions, the acquisition of the total capital stock of Borgato Maquinas S.A., Borgato Serviços Agrícolas S.A. and Borgato Caminhões S.A. (“Sociedades Borgato”) by Vamos Locação de Caminhões, Máquinas e Equipamentos S.A., a subsidiary company of JSL (“Vamos” and “Acquisition”).

Given that all the conditions precedent to the Acquisition were complied with, on this date, Vamos and the shareholders of Sociedades Borgato completed the provisions related to the Acquisition, especially regarding the transfer of the total shares issued by Sociedades Borgato to Vamos and the election of Mr. Caio de Camargo Borgato as Chief Executive Officer of Vamos.

São Paulo, December 22, 2017

Denys Marc Ferrez
Investor Relations Officer