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Patris Investimentos

Legal Proceedings Report Sep 5, 2024

1946_iss_2024-09-05_ea9f3bd3-1d06-4ee2-819d-ecb4d18a20ab.pdf

Legal Proceedings Report

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INAPA – INVESTIMENTOS, PARTICIPAÇÕES E GESTÃO, SA Headquarters: Rua das Cerejeiras 5-11, Vale Flores, 2710-690 Sintra Share Capital: € 180,135,111.43 Registered with the Commercial Registrar of Companies of Lisbon, under single Tax number and Company Registration number 500 137 994

Under the terms and for the purposes provided for in Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council, Inapa – Investimentos, Participações e Gestão, S.A. ("Inapa IPG") hereby informs the market that its subsidiary, Inapa Portugal – Distribuição de Papel, S.A. ("Inapa Portugal"), has submitted today a request to the Commercial Court of the Judicial District of Lisbon West to initiate a Special Revitalization Process (PER).

The request to initiate the PER is the result of the following circumstances: (i) on the one hand, the fact that Inapa Portugal's financial situation, in particular its treasury, has been negatively impacted by the declaration of insolvency of Inapa IPG, its sole shareholder, which has caused the acceleration of Inapa Portugal's financing guaranteed by Inapa IPG, as well as a greater difficulty for Inapa Portugal to secure paper supplies from its suppliers; (ii) on the other hand, the fact that, despite an imminent cash flow failure, in the view of its management body it is possible to recover Inapa Portugal and maintain its activity as an economically profitable company.

The process is being conducted under case number 13424/24.9T8SNT at the Judicial Court of the Lisbon West District – Sintra Commercial Court – Judge 5.

Lisbon, September 5 th 2024

Inapa – Investimentos, Participações e Gestão, S.A.

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