CTT-Correios de Portugal

AGM Information • Apr 29, 2020

CTT - Correios de Portugal, S.A. Public Company 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, 29 April 2020

Material information

Resolutions of the Annual General Meeting

CTT – Correios de Portugal, S.A. ("CTT" or "Company") hereby informs that the following resolutions were adopted by the Shareholders at the Annual General Meeting held today:

• a) Election of the members of the General Meeting for the 2020/2022 term of office;
• b) Approval of the Company financial statements relating to the financial year of 2019, including the management report, the individual and consolidated accounts, the corporate governance report, the sustainability report and other corporate, supervisory and audit information documents, which form the Integrated Report;
• c) The allocation of profits as proposed by the Board of Directors on 5 April 2020, with the net profit of the 2019 financial year being allocated to Retained Earnings and not attributing the amount considered in the financial statements asprofit sharing bonuses to CTT employees and Executive Members of the Board of Directors;
• d) A vote of positive appreciation and praise for the Company's Board of Directors, the Audit Committee and the Statutory Auditor on the performance of their duties during the financial year of 2019;
• e) The ratification of the co-optation of Duarte Palma Leal Champalimaud, João Carlos Ventura Sousa and João Miguel Gaspar da Silva as members of the Board of Directors to complete the 2017/2019 term of office;
• f) The election of the members of the Board of Directors, including the members of the Audit Committee, for the 2020 / 2022 term of office;
• g) The election of the members of the Remuneration Committee for the 2020/2022 term of office, setting out their remuneration;
• h) The election of the Effective and Alternate Statutory Auditor for the 2021/2023 term of office;

• i) Approval of the statement submitted by the Remuneration Committee regarding the remuneration policy for the members of CTT corporate bodies, according to Law no. 28/2019, of 19 June; and
• i) Granting authorisation to the Board of Directors for the acquisition and transfer of own shares by the Company and its subsidiaries.

This information to the market and the general public is made under the terms and for the purposes of article 248 of the Portuguese Securities Code and is also available on CTT's Investor Relations website at:https://www.ctt.pt/qrupo-ctt/investidores/comunicados/index?lanquaqe_id=1.

CTT - Correios de Portugal, S.A.

Guy Pacheco Market Relations Representative of CTT

Peter Tsvetkov Director of Investor Relations of CTT

Contacts:

Email: investors@ctt.pt Fax: + 351 210 471 996 Phone: + 351 210 471 087