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GAFISA S.A.

CNPJ 01.545.826/0001-07

NIRE 35.300.147.952

Publicly-held Company

EXTRAORDINARY SHAREHOLDERS’ MEETING SECOND CALL NOTICE

Shareholders of GAFISA S.A. (“Company”) are hereby convened to an Extraordinary Shareholders’ Meeting to be held on April 23, 2019, at 9:00 a.m., on second call, at the Company’s headquarters, in the City and State of São Paulo, at Avenida das Nações Unidas, 8.501, 19º floor, to deliberate on the increase the value of the Company’s authorized capital shares to 120,000,000 (one hundred and twenty million) common shares, with the consequent amendment of article 6 of the Company's Bylaws, so that the Company can meet its new challenges, and it is the responsibility of the Board of Directors to define the conditions for the decision of the Securities necessary to the capitalization of Gafisa.

General Information:

1.    The documentation referring to the matter on the agenda and other documents provided for in CVM Instruction No. 481/09 are available to shareholders at the Company’s headquarters, on its Investor Relations website (www.gafisa.com.br/ri/), and on the websites of B3 (www.b3.com.br) and Brazilian Securities and Exchange Commission (www.cvm.gov.br).

2.     Shareholder or his/her legal representative shall attend the Meeting bearing a document proving his/her identity, and where applicable, his/her powers of representation.

3.     Shareholders participating in the Fungible Custody of Registered Shares at B3 who intend to attend the Meeting shall present an updated statement of their shareholding position provided by custody institution within 48 horas prior to the Meeting.

4.     We request that proxies with special powers for representation at the Meeting shall be deposited at the Company’s headquarters, at the Investor Relations Department, until April 19, 2019.

5.     The voting instructions received by means of the respective remote voting form sent on the occasion of the first call of the Extraordinary General Meeting of April 15, 2019 will normally be considered.

São Paulo, April 15, 2019.

Augusto Marques da Cruz Filho

Chairman of the Board of Directors