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Banco Comercial Portugues

Board/Management Information Dec 23, 2025

1913_iss_2025-12-23_0496aa2d-7dda-4d4e-8218-25732dc8f999.pdf

Board/Management Information

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23 December 2025

Banco Comercial Português, S.A. informs on the conclusion of the commercial registration of its share capital decrease and increase

Banco Comercial Português, S.A. ("BCP") hereby informs that, following the resolutions adopted in the context of Items Eight and Nine of the Agenda of the General Meeting of 22 May 2025 and in the context of the share buyback programme in the total amount of up to €200,000,000.00 (two hundred million euros), the conclusion of which was announced on 25 August 2025 ("Buyback Programme"), the commercial registration of the following operations was completed today:

  • − Share capital decrease by €61,405,928.67 (sixty-one million, four hundred and five thousand, nine hundred and twenty-eight euros and sixty-seven cents), for the special purpose of implementing the Buyback Programme, the share capital of the Bank now standing at €2,938,594,071.33 (two thousand, nine hundred and thirty-eight million, five hundred and ninety-four thousand, seventy-one euros and thirty-three cents), involving the cancellation of 309,362,863 nominative book-entry treasury shares without nominal value, as well as the creation of a special reserve, subject to the legal reserve regime, in the amount of €61,405,928.67; and
  • − Subsequent share capital increase in the amount of €61,405,928.67 to €3,000,000,000.00, without issuing new shares and by incorporating a special reserve of the same amount set up for this purpose following the aforementioned share capital reduction, with the objective of restoring the share capital amount.

The Bank's share capital is therefore €3,000,000,000.00, represented by 14,804,627,089 registered shares without nominal value (total number of voting rights inherent to these shares being also 14,804,627,089). The operationalization of these operations will take place in the next few days before the Central Securities Depository managed by Euronext Securities Porto.

As announced in due course, these operations were implemented without altering the Bank's net worth and with a view to simplifying its balance sheet structure.

End of announcement Banco Comercial Português, S.A.

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