Notice to Shareholders

São Paulo, October 25, 2018 - MOVIDA PARTICIPAÇÕES S.A., We hereby inform our shareholders that, at a meeting of the Company‘s Board of Directors held on December 13, 2018, the members of the Board of Directors approved the payment of interest on equity to shareholders, pursuant to article 30, paragraph 3 of the Bylaws, subject to the following conditions:

1. Shareholder Base for Payment Purposes
Shareholders of record on December 20, 2018 will be entitled to receive interest on equity.

2. Total Amount of Interest on Equity
Total gross amount of thirty-seven million, eight hundred and eighty-five thousand, eight hundred and thirty-nine reais and thirty-four centavos (R$37,885,839.34), corresponding to R$0.14439987 per share. This approval totals seventy-five million Reais (R$75,000,000) for the 2018 fiscal year aiming to maximize the Company‘s tax benefit.

3. Date of Payment of Interest on Equity
July 05, 2019, subject to approval by the next Annual Shareholders‘ Meeting, scheduled to be held on April 26, 2019.

4. Trading Ex-Interest on Equity
The Company‘s shares will be traded ex-interest on equity as of December 21, 2018, inclusive.

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São Paulo - SP, December 17, 2018

Edmar Prado Lopes Neto
Investor Relations Officer