Novabase SGPS

Share Issue/Capital Change • Jun 29, 2022

Relevant Information

Share capital Reduction

Lisbon, 29 June 2022

Novabase - Sociedade Gestora de Participacoes Sociais, SA (hereinafter "Novabase") hereby informs, under the terms and for the purposes of article 1 (e) of CMVM Regulation no. 5/2008, that, in compliance with the resolutions taken by the Annual General Meeting held on 24 May 2022, in the terms previously disclosed to the market, Novabase has submitted to registry before the Commercial Registry Office the reduction of its share capital from €54,638,425.56 to €32,971,463.70, with the overall amount of the reduction being € 21,666,961.86, with the capital reduction having the following purposes:

a) the amount of € 4,818,217.86 is allocated to cover losses;

b) the remaining amount of the reduction, corresponding to € 16,848,744.00, is destined to release excess capital, under the following terms:

(i) the amount of € 3,346,144.58 is transferred to free reserves; and

(ii) the amount of € 13,502,599.42 is attributed directly to the shareholders, corresponding to 0.43 € per share, in relation to the total number of shares issued.

This operation has already been registered with the Lisbon Commercial Registry Office.

As a result of the registration of said operation, the share capital of Novabase amounts to €32,971,463.70 and the nominal value of all shares representing the share capital of Novabase is € 1.05.

The aforementioned operations will be concluded before the Central de Valores Mobiliários (the stock exchange clearing house), in accordance with the legal terms and the deadlines set forth in a notice to be disclosed in due course.