GOL Gol Linhas Aereas Inteligentes SA

GOL LINHAS AÉREAS INTELIGENTES S.A.

CNPJ/MF nº 06.164.253/001-87

NIRE 35.300.314.441

MINUTES OF THE EXTRAORDINARY SHAREHOLDERS’ MEETING

HELD ON NOVEMBER 30, 2016

I. DATE, TIME AND PLACE : On November 30, 2016, at 02:00p.m. hours, on Praça Comte. Linneu Gomes, S/N, Portaria 3 – at the Board of Directors’ Meeting Room of Gol Linhas Aéreas Inteligentes S.A. (“ Company ”), in the Capital of São Paulo State, Jardim Aeroporto, CEP 04626-020. II. ATTENDANCE : Shareholders representing the total of voting capital stock attended the meeting, as per the signatures appearing in the Shareholders’ Attendance Register. III. CHAIRMANSHIP OF THE MEETING : Constantino de Oliveira Junior – Chairman ; Richard Freeman Lark Jr. – Secretary . IV. CALL NOTICE : Call Notice published under the terms of §1 of article 124 of Law nº 6.404, dated December, 15, 1976 (“ Corporations Act ”), in the issues of 14, 16 and 17 of November, 2016 in Valor Econômico newspaper (“ VE ”), respectively on pages B8, A10 and B11 of each mentioned issue of VE, and in the issues of 12, 17 and 18 of november, 2016 in the State of São Paulo Official Gazette (“ DOESP ”), respectively on pages 14, 21 and 15 of each mentioned issue of DOESP. V. AGENDA : Having in consideration the resignation of Mr. Henrique Constantino and Richard Freeman Lark Jr. from the offices of members of the Board of Directors, to which they had been elected by the General Shareholders’ Meeting of the Company held on April 29, 2016, to pass a resolution for establishing the number of members of the Board of Directors and, following, to elect three new members to compose the Board of Directors, in compliance with the Company’s Bylaws. VI. RESOLUTIONS ADOPTED : After the necessary explanations were provided, and after detailed analysis of the documents pertaining to the matters included in the agenda, it was approved by unanimous vote of the shareholders attending the meeting to set at (9) the number of members of the Board of Directors of the Company and, following, under the terms of article 13 of the company’s Bylaws, to elect the new members to the Board of Directors of the Company, for a term of office to start as from this date until the General Shareholders’ Meeting that will approve the election of the members of the Board of Directors, to be held in 2017: (i) ANDRÉ BÉLA JÁNSZKY , Brazilian, married, lawyer, bearer of Identity Card RG nº 38.409.140-4, issued by SSP/SP, enrolled with the CPF/MF Individual Taxpayer Registry under nº 346.695.188-79; (ii)   ANNA LUIZA SERWY CONSTANTINO , Brazilian, single, businesswomen, bearer of Identity Card RG nº 2.527.902, issued by SSP/RJ, enrolled with the CPF/MF under nº 340.447.788-09; and (iii) FRANCIS JAMES LEAHY MEANEY , american, married, economist, bearer of National Register of Foreigners nº V218988-N , enrolled with the CPF/MF under nº 054.404.117-80, all of them domiciled at Praça Comandante Linneu Gomes, S/N, Portaria 3, Jardim Aeroporto, CEP 04626-020, in the city of São Paulo, State of São Paulo. The Directors André Béla Jánszky and Francis James Leahy Meaney are Independent Directors of the Company, under the terms of the provisions in item 5.3 of the Corporate Governance Differentiated Practices Regulation – Level II of BM&FBOVESPA. The Directors now elected declared, in accordance with the provisions in Article 37, item II of Law no. 8934/94 and in Article 147, paragraphs 1 and 2, of the Corporations Act, not to have been charged for any crime provided for in the Law or included in the legal restrictions which would prevent them from exercising business activities. There has been no appointment of a member to the Board of Directors under the terms of Article 141 and paragraphs thereof of the Corporations Act. VII. MINUTES AND PUBLICATIONS : By unanimous vote of the shareholders attending the meeting, the minutes of this Extraordinary Shareholders’ Meeting were authorized to be drawn-up in summary form, as set forth in §1 of article 130 of the Corporations Act. Further, by unanimous vote of the shareholders attending the meeting, the proposal for publication of these minutes by omitting the signatures of the shareholders was approved, in compliance with §2 of the same law. VIII. APPROVAL AND SIGNING OF THE MINUTES : The floor was offered to whoever might wish to use it, and since nobody did so, the meeting was adjourned for the necessary time for the drawing-up of these minutes. After the meeting was reopened, these minutes were read, checked and signed by the Chairman and by the Secretary of the meeting. IX. ATTENDING SHAREHOLDERS : FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES VOLLUTO, CONSTANTINO DE OLIVEIRA JUNIOR, HENRIQUE CONSTANTINO, JOAQUIM CONSTANTINO NETO, RICARDO CONSTANTINO, ANTONIO KANDIR, CALIFORNIA PUBLICS EMPLOYEES’ RETIREMENT SYSTEM, CITY OF NEW YORK GROUP TRUST, FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND, NORGES BANK, PARAMETRIC EMERGING MARKETS FUND, PARAMETRIC TAX-MANAGED EMERGING MARKETS FUND, VANGUARD EMERGING MARKETS STOCK INDEX FUND, VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX,  VANGUARD TOTAL WORLD STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS, E VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND, A SERIES OF VANGUARD STAR FUNDS. These presents are a faithful copy of the minutes that were drawn-up in the proper book.