NOS SGPS

AGM Information • May 8, 2019

NOS, SGPS, S.A. Public Company Registered Office: Rua Actor António Silva 9 Campo Grande 1600-404 Lisbon Share Capital: 5,151,613.80 Euros Registered in the Commercial Registry Office of Lisbon and Corporation no. 504 453 513

ANNUAL GENERAL SHAREHOLDERS MEETING

Lisbon, 8 May 2019 The A

The proposals concerning the items of the agenda were approved as follows:

• Approval of the management report, balance sheet and accounts, individual and consolidated, corporate governance report and non-financial statements for the financial year of 2018;
• Approval of the application and distribution of the 2018 net income, in the following terms:
  • o Payment of 0.35 Euros per share (regarding the aggregate number of issued shares), in the amount of 180,306,483.00 Euros and transfer to Free Reserves of the remainder of distributable net income, in the amount of 107,893,037.32 Euros.;
  • o Payment to the Directors, under the terms of subparagraph 3 of article 14 of the Articles of Association, of an amount of 1,213,300.00 Euros, under the criterion established by the Board of Directors.
• Approval of a vote of praise and confidence to each and every one of the members of the Board of Directors and its Executive Committee, the Fiscal Board, and the Statutory Auditor;
• Approval of the Remuneration Committee statement on the remuneration policy for the members of the management and supervisory bodies of the Company;

• Approval of the acquisition and disposal of own shares;
• Approval of the acquisition and disposal of own bonds;
• Approval of the election of the Corporate Bodies for the term of office corresponding to the three-year period of 2019/2021, in accordance with the following:

Board of Directors: Ana Paula Garrido de Pina Marques Ângelo Gabriel Ribeirinho dos Santos Paupério António Bernardo Aranha da Gama Lobo Xavier António Domingues António Frederico Lobão Ferreira Correia Teles Catarina Eufémia Amorim da Luz Tavira Van-Dúnem João Pedro Magalhães da Silva Torres Dolores Joaquim Francisco Alves Ferreira de Oliveira Jorge de Brito Pereira Jorge Filipe Pinto Sequeira dos Santos Graça José Pedro Faria Pereira da Costa Luís Moutinho do Nascimento Manuel António Neto Portugal Ramalho Eanes Maria Cláudia Teixeira de Azevedo Mário Filipe Moreira Leite da Silva Miguel Nuno dos Santos Almeida Paula Cristina Neves Oliveira

Board of the General Meeting: Chairman: Pedro Canastra de Azevedo Maia Secretary: Tiago Antunes da Cunha Ferreira de Lemos

Fiscal Board: Chairman: José Pereira Alves Member: Patrícia Andrea Bastos Teixeira Lopes Couto Viana Member: Paulo Cardoso Correia Mota Pinto Alternate Member: Ana Luísa Nabais Aniceto da Fonte

• Approval of the election of the Statutory Auditor and Alternate Statutory Auditor for the term of office corresponding to the three-year period of 2019/2021, in accordance with the following:

Statutory Auditor:

ERNST & YOUNG AUDIT & ASSOCIADOS, SROC, S.A., taxpayer number 505 988 283, with registered offices at Avenida da República, no. 90 6º, 1600 206 Lisbon, registered at the OROC under the number 178 and registered at CMVM under the

number 9011, represented by Sandra e Sousa Amorim (ROC no. 1213), with professional address at Avenida da República, no. 90 6º, 1600-206 Lisbon.

Alternate Statutory Auditor:

Pedro Jorge Pinto Monteiro da Silva e Paiva (ROC no. 1258), with professional address at Avenida da República, no. 90 6º, 1600-206 Lisbon.

• Approval of the election of the for the term of office corresponding to the three-year period of 2019/2021, in accordance with the following:

Chairman: Ângelo Gabriel Ribeirinho dos Santos Paupério Member: Mário Filipe Moreira Leite da Silva

This information is also available on Investor Relations website in www.nos.pt/ir.

Lisbon, 08 May 2019

Contacts Maria João Carrapato Head of Investor Relations Email: ir@nos.pt Tel.: +351 21 782 4725 Fax: +351 21 782 4735