Material Fact

Investor Relations

BM&FBOVESPA: MILS3 and OTC-US: MILTY

Mills Estruturas e Servios de Engenharia S/A

CNPJ/MF: 27.093.558/0001-15
NIRE: 33.3.00289.74-7
Publicly-Held Company

Mills announces that Axxon may now exercise its political rights
Mills Estruturas e Servios de Engenharia S.A. ("Company"), under the terms of the CVM Instruction 358, continuing
the material fact published on April 7, 2016, informs that, on July 20, 2016, the Fundo de Investimento em
Participaes Axxon Brazil Private Equity Fund II ("Axxon") became holder of 12,294,063 Company's shares,
representing approximately 7.001% (seven point one thousandth percent) of the Company's share capital. For this
reason, Axxon may now exercise its political rights set out in the shareholders agreement celebrated on April 7, 2016
between Axxon and the controlling shareholders of the Company ("Controlling Shareholders") ( "Shareholders'
Agreement").
Under the Shareholders Agreement, Axxon will no longer have such political rights if, after a period of 180 (one
hundred and eighty) days from July 20, 2016 (i) Axxon does not become the owner of shares representing 13%
(thirteen percent) of the Company's share capital; and (ii) the participation of Axxon in the block formed by the
Shareholders' Agreement (ie shares jointly held by Axxon and Controlling Shareholders) is less than 26% (twenty six
percent) of the said block, subject to the provisions of the Shareholders Agreement referring to dilution.
Such shareholders' agreement is available on the Company's website and via IPE system (www.cvm.gov.br).

Rio de Janeiro, July 20, 2016.

Gustavo Zeno
Investor Relations Officer