Banco Comercial Portugues

Board/Management Information • Sep 5, 2022

5 September 2022

Banco Comercial Português, S.A.'s new Board of Directors begins functions for the four-year period 2022/2025

Banco Comercial Português, S.A. informs that, following receipt of the letter from the European Central Bank on the assessment of the suitability of the members of the Board of Directors and the Audit Committee elected at the General Shareholders' Meeting of May 4, 2022 for the four-year period 2022/2025, the Board of Directors began its functions today.

Clara Raposo and Teófilo da Fonseca were not subject to this assessment since they informed that, for personal reasons, they were not available to serve on the Board of Directors. Since then, the identification and selection of two non-executive members has been underway in accordance with the bank's internal regulations on Succession Planning. The conclusion of this process will be announced in due course and does not affect the regular functioning of the Board.

The Board of Directors has currently the following composition:

Board of Directors:

• Nuno Manuel da Silva Amado (Chair)
• Jorge Manuel Baptista Magalhães Correia (Deputy Chair)
• Valter Rui Dias de Barros (Deputy Chair)
• Miguel Maya Dias Pinheiro (Deputy Chair)
• Ana Paula Alcobia Gray
• Cidália Maria Mota Lopes
• Fernando da Costa Lima
• João Nuno de Oliveira Jorge Palma

• José Miguel Bensliman Schorcht da Silva Pessanha

• Lingjiang Xu

• Lingzi Yuan (Smilla Yuan)
• Maria José Henriques Barreto de Matos de Campos
• Miguel de Campos Pereira de Bragança
• Rui Manuel da Silva Teixeira
• Xiaoxu Gu (Julia Gu)

that includes:

Audit Committee:

• Cidália Maria Mota Lopes (Chair)
• Valter Rui Dias de Barros
• Fernando da Costa Lima

Executive Committee:

• Miguel Maya Dias Pinheiro (Chair)
• Miguel de Campos Pereira de Bragança (Deputy Chair)
• João Nuno de Oliveira Jorge Palma (Deputy Chair)
• Rui Manuel da Silva Teixeira
• José Miguel Bensliman Schorcht da Silva Pessanha
• Maria José Henriques Barreto de Matos de Campos

The Company Secretary and the Alternate Company Secretary were also today nominated, respectively: Ana Isabel dos Santos de Pina Cabral and Ana Patrícia Moniz Macedo.

End of announcement Banco Comercial Português, S.A.