MINUTES OF THE BOARD OF DIRECTORS' MEETING HELD ON JUNE 17, 2015

Date, Time and Venue : June 17, 2015, at 5:00 P.M., at Rua dos Pinheiros, nº 870, 20º andar, conjuntos 203/204, in the city and state of São Paulo.

Call Notice : The call notice was waived due to the attendance, via conference call, of all Board of Directors' members.

Presiding : Israel Vainboim - Chairman; and Adalberto Pereira dos Santos - Secretary.

Agenda : (i) Analysis of the terms presented in the resignation of Arquimedes José Rossi Salles from the position of Sales Officer; and (ii) Temporary assumption of the position of Sales Officer, by RENE ANTONIO DA SILVA, the current Procurement Officer.

Resolutions : After analyzing and discussing the matter on the agenda, the Board members unanimously decided to (i) accept the terms presented in the resignation of Arquimedes José Rossi Salles from the position of Sales Officer, who will leave the Company's Management for all legal purposes as of this date; and (ii) temporarily invest in the position of Sales Officer, Rene Antonio da Silva, the current Procurement Officer, who will accumulate the duties for indefinite term or, at the most, with term of office until the remaining three-year term of the other Executive Officers elected on April 11, 2013.

Closure : There being no further business to discuss, the meeting was adjourned and these minutes were drawn up, read, approved and signed by all attending members.

São Paulo, June 17, 2015.

Presiding:

Israel Vainboim
Chairman

Adalberto Pereira dos Santos
Secretary

For further information, please contact Investor Relations:

Investor Relations
Phone: +55 (11) 2109-3121 / 6269
E-mail: dri@marisa.com.br
Website: http://www.marisa.com.br/irVisit our exclusive app for tablets and smartphones
Android / iOSAbout Marisa
Marisa is the largest women's apparel and lingerie chain in Brazil. With more than 65 years of experience, Marisa understands and follows women's needs and wishes, building strong relations based on complicity and intimacy with Brazil's female population. Always fully up to date, Marisa currently has 425.5 sqm of sales area in 414 stores in the country's most prestigious streets and malls, with various store concepts and formats: MarisaExpanded, MarisaWomen and MarisaLingerie. It has also maintained its own e-commerce store - www.marisa.com.br - for 15 years and, in 2012, once again underlined its pioneering spirit by becoming the first Brazilian fashion retailer to enter the direct selling market. Marisa also possesses a financial products and services division, associated with its consumer financing activities. The Marisa brand has been present in all regions of Brazil for more than 30 years and is renowned and recognized for its slogan "F r o m W o m e n t o W o m e n".
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