Ultrapar Participacoes : BlackRock atinge 5,01% do total de ações ordinárias da Ultrapar (Portuguese Only)

Publicly Listed Company CNPJ nº 33.256.439/0001- 39 NIRE 35.300.109.724

São Paulo, May 24, 2017 - Ultrapar Participações S.A. ("Ultrapar"), in compliance with article 12 of CVM Instruction no. 358/02, hereby informs that it was notified by BlackRock, Inc. ("BlackRock") that it reached an aggregate ownership position of 5.01% of shares issued by Ultrapar as of May 23, 2017, equivalent to a total of 27,874,054 shares, being 26,289,211 common shares and 1,584,843 American Depositary Receipts (ADRs). In addition, BlackRock informed that it holds 20,669 derivative financial instruments linked to Ultrapar common shares, with financial settlement, representing approximately 0.004% of the total shares issued by Ultrapar.

BlackRock also informed that the purpose of the aforementioned share ownership is strictly for investments, whereas there is no intention to alter shareholding control or the administrative structure of Ultrapar.

André Pires de Oliveira Dias

Chief Financial and Investor Relations Officer Ultrapar Participações S.A.