Banco Comercial Portugues

Capital/Financing Update • Dec 2, 2024

BANCO BPI, S.A.

Registered office: Avenida da Boavista, 1117, Porto Registered at Commercial Registry of Porto under registration number PTIRNMJ 501 214 534 Share capital: € 1 293 063 324.98

ANNOUNCEMENT

Issuance of 550 million euros senior non-preferred notes

• 1. Banco BPI, S.A. informs that it has issued senior non-preferred notes, under its Euro Medium Term Note Programme, in the amount of Euro 550 000 000 maturing in December 2028, with optional redemption in December 2027, which terms were set today. This issue will be solely subscribed by CaixaBank, S.A.
• 1. This issue is aimed at reinforcing liabilites eligible for MREL (Minimum Requirement for Own Funds and Eligible Liabilities).

At the end of September 2024 BPI had a MREL ratio as a percentage of RWA ("Risk Weighted Assets") of 24.8%, complying with the MREL requirement in place at 1 October 2024 of 23.05%. After the aforementioned issue, the pro forma MREL ratio in September 2024 is 27.6%.

• 1. The issue will have a fixed coupon of 3.077%.
• 1. The issuance and settlement are expected to take place on December 13th .

Porto, 2 December 2024

Banco BPI, S.A.