Altri SGPS — Capital/Financing Update 2019

Feb 26, 2019

ALTRI, SGPS, S.A. Public Company

Head Office: Rua do General Norton de Matos, 68 - R/C, Oporto Share Capital: Euro 25,641,459 Registered at the Commercial Registry Office of Oporto Sole registration and tax number 507 172 086

MATERIAL INFORMATION

Altri, SGPS, S.A. hereby informs, under the terms and for the purposes of Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and Article 248-A of the Portuguese Securities Code, that its subsidiary Sociedade Bioelétrica do Mondego, S.A. has issued, today, its first green bond, by private placement, in the amount of Euro 50,000,000 (fifty million Euro), named "SOCIEDADE BIOELÉTRICA DO MONDEGO 2019 - 2029" with a coupon rate of 1.90%.

The issuance is intended to finance the investments of Sociedade Bioelétrica do Mondego, S.A., in the construction of a new biomass power plant located in Figueira da Foz, contributing to the pursuit of an energy structural policy, which will reduce external dependence and the greenhouse effect resulting from the use of fossil fuels. The use of forest biomass, besides contributing to job creation and forest management, reduces wild fires risk, promoting a clean and renewable energy production environment, and thus reinforcing Altri Group's sustainability commitment.

The Issuance aligns with the conditions set forth by the "Green Bond Principles", published by the International Capital Market Association, and will be the first Green Bond Issuance admitted to trading in Portugal, on Euronext Access Lisbon.

Oporto, February 26, 2019

The Securities Markets Liaison Representative