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Notice to the Market - Reduction of Shareholding BNP Paribas

Notice to the Market

Barretos, December 28th, 2018 - Minerva S.A., ("Minerva" or "Company"), the South American leader in the export of fresh beef and cattle byproducts, which also operates processed foods segment, in compliance with Article 12 of CVM Instruction 358 of January 3, 2002, as amended ("ICVM 358/02"), informs its shareholders and the market in general that BNP Paribas Asset Management Brasil Ltda, in the quality of manager of many investment funds and accounts, sent to the Company, in compliance with article 12 of CVM Instruction 358/2002, a letter informing the reduction of its relevant interest in the Company, as presented in Exhibit II attached to this notice. The Exhibit I submits a full transcription of the letter.

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