Banco Comercial Portugues

AGM Information • Jun 17, 2015

Banco BPI, S.A.

Public Company Registered at Commercial Registry of Porto under Unique taxpayer reference number 501 214 534 Registered office: Rua Tenente Valadim, 284, Porto Share capital: € 1 293 063 324.98

PRESS RELEASE

BANCO BPI, S.A.'S ANNUAL GENERAL MEETING OF 29 ABRIL 2015

TO BE CONTINUED (NEW SESSION) ON 17 JUNE 2015

Further to the resolution of Banco BPI's Annual General Meeting held last 29 April, which approved to suspend the order of business, to be resumed on 17 June at 10:00 a.m. to resolve on item 7 on the agenda, the new session of the General Meeting took place today in Porto, where 223 Shareholders, holding shares corresponding to 81.73% of the share capital, were present or represented.

Whereas:

• i) the proposal submitted by Shareholder Santoro Finance Prestação de Serviços, S.A. on item 7 on the agenda for "(i) removal of paragraphs 4 and 5 of Article 12 and consequent renumbering of paragraphs 6 to 8 thereof; and (ii) removal of paragraph 2 of Article 30, and, consequently, elision of its current numbering", entails an amendment to the Bank's Articles of Association;
• ii) under the aforesaid Articles of Association, the amendment to the Articles concerned requires the approval of 75% of votes cast;
• iii) votes in favour were only 52.45% of votes cast;

notice is hereby given that the aforesaid amendments were not approved.

Porto, 17 June 2015

Banco BPI, S.A.