Novabase SGPS

AGM Information • May 4, 2017

Relevant Information

Annual General Meeting of Shareholders

Lisbon, 4 th of May 2017

The Annual General Meeting of Shareholders of Novabase – Sociedade Gestora de Participações Sociais, S.A. (hereinafter referred to as "Novabase") was held today. The following proposals submitted under the items on the agenda were approved:

1. Approval of the Management Report (which includes the Corporate Governance Report as attachment) and Accounts for the 2016 financial year.

2. Transfer of the 2016 individual net loss of € 433,927.90 (four hundred and thirtythree thousand, nine hundred and twenty-seven euros and ninety cents) to carryforward results. Notwithstanding this individual net loss, Novabase had a consolidated net profit of € 9,577,468.87 (nine million, five hundred and seventyseven thousand, four hundred and sixty-eight euros and eighty-seven cents) in the 2016 financial year.

3. Distribution of free reserves and retained earnings to the shareholders, as follows: - Payment to the shareholders of an amount of € 4.710.209.10 (four million, seven hundred and ten thousand, two hundred and nine euros and ten cents), corresponding to € 0.15 (fifteen euro cents) per share, as related to the total number of shares issued.

4. Approval of a general appraisal to the Board of Directors and to the Audit Board and all its respective members, as well as to the Chartered Accountant.

5. Approval of the Remunerations Committee report on the remuneration policy for the 2016 financial year and of the same Committee's statement on the remuneration policy for members of the management and supervisory bodies of

the Company pursuant to Law no. 28/2009, of June 19, 2009, and other applicable rules.

1. Approval of the acquisition and disposal of own shares.