Banco Comercial Portugues

M&A Activity • Jan 27, 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

We hereby inform that, at its meeting today, the Board of Directors analyzed the proposal presented by Unitel, S.A. for the purchase of shares representing 10% of the share capital and voting rights of Banco de Fomento Angola, S.A. and unanimously decided to decline it. The member of the Board of Directors Mr. Mário Leite da Silva, did not participate in the discussion and voting of this item.

Lisbon, 27 January 2016

Banco BPI, S.A.