CTT-Correios de Portugal

M&A Activity • Nov 3, 2022

CTT – Correios de Portugal, S.A. Avenida D. João II, 13 1999-001 LISBON Lisbon commercial registry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00

Announcement – Lisbon, 3 November 2022

Material information

CTT – Correios de Portugal, S.A. ("CTT") and its subsidiary Banco CTT, S.A. ("Banco CTT"), considering the news published today in the media, hereby clarify that:

• (1) On 23 June 2022, CTT disclosed to the market, as part of its Capital Markets Day, that it was considering a strategic partnership at Banco CTT, involving a subscription of a minority position in a capital increase in Banco CTT reserved for a potential partner, and a longterm insurance distribution agreement, covering the categories of life and non-life, and the retail networks, both at CTT and at Banco CTT;
• (2) In this context, negotiations have been taking place involving CTT and Banco CTT with a view to establishing the terms and conditions of such a possible strategic partnership;
• (3) CTT will keep regulators and the market informed of any relevant development.

This information to the market and the general public is made under the terms and for the purposes of article 29-Q of the Portuguese Securities Code and other legislation in force in Portugal. It is also available on CTT website at:

https://www.ctt.pt/grupo-ctt/investidores/comunicados/index?language_id=1.

CTT – Correios de Portugal, S.A.

Guy Pacheco Market Relations Representative of CTT Nuno Vieira Head of Investor Relations of CTT Contacts: Email: investors@ctt.pt I Fax: + 351 210 471 996 I Phone: + 351 210 471 087