BrasilAgro Companhia Brasileira de Propriedades Agrcolas announced that Mr. Julio Toledo Piza delivered at the Board of Directors Meeting held on August 18, 2016, his resignation as Chief Executive Officer and Investor Relation Officer of the company. During the same act, the Board of Directors appointed Mr. Andr Guillaumon and Mr. Gustavo Javier Lopez as Chief Executive Officer and Investor Relation Officer, respectively. In this way, Mr. Andr Guillaumon will cumulate the roles of Chief Executive Officer and Chief Operating Officer and Mr. Gustavo Javier Lopez will cumulate the roles of Chief Administrative Officer and Investor Relation Officer.

Mr. Andr Guillaumon began his career at BrasilAgro in 2007, having acted as Chief Operating Officer. Mr. Gustavo Lopez participated at the BrasilAgro foundation in 2006, having acted as Chief Administrative Officer.