CCR : Material Fact - Increase of CCR’s authorized capital limit

Corporate Taxpayer's ID (CNPJ/MF): 02.846.056/0001-97 Company Registry (NIRE): 35.300.158.334

In accordance with CVM Instruction 358, of January 3, 2002, as amended, CCR S.A. ("CCR" or "Company") (Bovespa: CCRO3; Bloomberg: CCRO3BZ; Reuters:CCRO3.SA) hereby informs its shareholders and the market in general that, at the meeting held today, the Company's Board of Directors approved the calling to the Company's Extraordinary Shareholders' Meeting to be held on November 29, 2016, at 3:00 p.m., in order to resolve on the Management's proposal to increase CCR's authorized capita limit from one billion, nine hundred and twenty million (1,920,000,000) common shares to up to two billion and twenty million (2,020,000,000) common shares, with the consequent amendment to Article 8 of the Company's Bylaws.

The proposal aims to offer greater flexibility to eventual future capital increases of the Company, by resolution of the Board of Directors, regardless of any amendment to the Bylaws.

São Paulo, November 10, 2016.

ARTHUR PIOTTO FILHO

Investor Relations Officer