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GAFISA S.A.

Corporate Taxpayer’s ID (CNPJ/MF) No. 01.545.826/0001-07
Corporate Registry (NIRE) No. 35.300.147.952

Publicly-held Company

NOTICE TO SHAREHOLDERS
MULTIPLE VOTING REQUEST

São Paulo, August 14, 2018 – Gafisa S.A. (B3: GFSA3) (“Company”) informs its shareholders that on this date, received from Wishbone Delaware Brazil LLC and Wishbone Restricted Partners, LP (jointly referred to as “Wishbone”), a request for the adoption of the multiple voting system in the election of the Company’s Board of Directors to take place at the Extraordinary Shareholders’ Meeting summoned to be held, in first call, on September 25, 2018 (“Meeting”).

Considering Wishbone holds over 5% of the Company’s voting capital, the multiple voting system shall be adopted, if members of the Board of Directors are elected at referred Meeting.

São Paulo, August 14, 2018.

Carlos Eduardo Moraes Calheiros
Investor Relations Officer