Notice to the Market

São Paulo, February 20, 2017 - Alper Corretora de Seguros S.A. ("Company" or "Alper"), in compliance with the CVM Instruction Nº 308/99 and subsequent amendments, hereby informs its shareholders and the market in general that the Board of Directors on a meeting held on February 15, 2017, hired Grant Thornton Auditores Independentes as the Company‘s independent auditors, beginning the work on the review of quarterly information (ITR) for the quarter ended on March 31, 2017, in place of KPMG Auditores Independentes ("KPMG").

This change occurred in line with the review of the current contracts, aiming to optimize the Company‘s costs.

KPMG already expressed its agreement to the explanation for this change, pursuant to article 28 of ICVM 308/99.

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