Banco Comercial Portugues

Capital/Financing Update • Jul 4, 2023

BANCO BPI, S.A.

Registered office: Av. Boavista, 1117, Porto Registered at Commercial Registry of Porto under registration number PTIRNMJ 501 214 534 and tax identification number 501 214 534 Share capital: € 1 293 063 324.98

ANNOUNCEMENT

DBRS Morningstar upgrades Banco BPI's Covered Bonds rating

Banco BPI, S.A. informs that the rating agency DBRS Morningstar has upgraded the rating of the Bonds issued under its Covered Bond Programme, from AA (low) to AA.

Banco BPI has currently eight series of Covered Bonds issued under the Programme:

• Series 9 Tranche 1 PTBBP6OE0023
• Series 14 Tranche 1 PTBBRROE0048
• Series 17 Tranche 1 PTBBBGOE0023
• Series 20 Tranche 1 PTBPIYOM0028
• Series 22 Tranche 1 PTBPIAOM0026
• Series 23 Tranche 1 PTBPIHOM0037
• Series 24 Tranche 1 PTBPIMOM0022
• Series 25 Tranche 1 PTBPIDOM0031

Porto, 4th July 2023

Banco BPI, S.A.