Banco Comercial Portugues

AGM Information • Jul 22, 2016

BANCO BPI, S.A.

Publicly held company Head Office: Rua Tenente Valadim, no. 284, Porto, Portugal Share capital: € 1 293 063 324.98 Registered in Oporto C.R.C. and corporate body no. 501 214 534

INFORMATION

Resolution passed at the General Meeting of Shareholders on 22 July 2016 – 11.30 a.m.

Notice is hereby given that Banco BPI, S.A.'s General Shareholders Meeting was held today at 11.30 a.m., in Porto. A total of 463 shareholders were present or represented, holding shares corresponding to 87.57% of the total number of shares representing its share capital.

The representative of the Shareholder Violas Ferreira Financial, S.A. informed the General Meeting that an injunction has been ordered so that the proposal of amendment to the Articles of Association presented by the Board of Directors could not be appreciated nor voted.

Following a proposal with that purpose presented by the representative of the Shareholder CaixaBank, S.A., the General Meeting approved by 85.02% of the votes cast the recess of the meeting and its resumption next September 6, 2016 at 10.00 a.m..

Porto, 22 July 2016

Banco BPI, S.A.