JUNE 6TH, 2016

GOL: Decrease in shareholding ownership

São Paulo, June 3, 2016 – GOL Linhas Aéreas Inteligentes S.A. “GOL” or “Company” (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CC, Fitch: C and Moody’s: Caa3), the largest low-cost and best-fare airline in Latin America, in compliance with Article 12, paragraph 1st, of CVM Rule 358 of January 3, 2002, as amended, hereby informs that has received from Wellington Management Group LLP., limited liability partnership, headquartered at 280 Congress Street, Boston, Massachusetts, United States of America, dated on May 03rd, 2016, certain communication informing that the portfolios of clients under the Wellington Entities management have disposed, through transactions on stock exchanges, directly or through American Depositary Receipts (“ADRs”), thus holding 1,010,389 ADRs, shares, representing 10,103,890 Preferred Shares, corresponding 4.97% of the total of the preferred shares of the Company.

Wellington Management Group LLP. have also informed that this is a minority investment that does not involve a change in the composition of corporate control or a change in the management structure of the Company. Also, that Wellington Entities does not intend to purchase for the Accounts any additional shares of the Company with the intent to acquire control or to change the management structure of the Company.

The original correspondence is available to be consulted in the following link: www.voegol.com.br/ir.