Banco Comercial Portugues

AGM Information • Nov 5, 2018

ANNOUNCEMENT Reuters>bcp.Is Exchange>BCP Bloomberg>bcp pl ISIN PTBCP0AM0015

November 5, 2018 Banco Comercial Português, S.A. informs about resolutions of the General Meeting

Banco Comercial Português, S.A. concluded today, November 5, 2018, at the Bank's premises in Taguspark, Av. Prof. Doutor Cavaco Silva, Building 8, in Porto Salvo, Oeiras, Portugal, with 62.1% of the share capital represented, the Annual General Meeting of Shareholders, with the following resolutions:

Item One – Approval of the alteration of the articles of association through the modification of number 2 of article 54 of the Bank's Articles of Association;

Item Two – Approval of reformulation of the items of own capital with the special purpose of unequivocally reinforcing the future conditions for the existence of funds able of being classified by the regulators as distributable by means of the reduction of the amount of the share capital in 875,738,053.72 euros, without changing the existing number of shares (without nominal value) and without altering the net equity, with the consequent alteration of number 1 of article 4 of the articles of association.

End of announcement Banco Comercial Português, S.A.

BANCO COMERCIAL PORTUGUÊS, S.A., a public company (sociedade aberta) having its registered office at Praça D. João I, 28, Oporto, registered at the Commercial Registry of Oporto, with the single commercial and tax identification number 501 525 882 and the share capital of EUR 5,600,738,053.72, LEI: JU1U6S0DG9YLT7N8ZV32

INVESTOR RELATIONS Rui Coimbra Phone +351 211 131 084 investors@millenniumbcp.pt rui.coimbrafernandes@millenniumbcp.pt lmonteiro@millenniumbcp.pt

MEDIA CONTACT Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020 erik.burns@millenniumbcp.pt cintia.barbas@millenniumbcp.pt